Philippines
POGO workers linked to prostitution rings
Quezon City Representative Precious Hipolito-Castelo is urging an investigation of prostitution rings catering exclusively to Philippine Gaming Offshore Operators (POGO) workers, just as a number of high-profile cases are hitting the media.
POGOs to resist political pressures
With the win from China-facing igaming operations forecast to hit $33 billion in 2019, the Philippines has little incentive to curb activities of POGOs.
RWM sees sustained VIP recovery, growth in mass in 19Q3
Resorts World Manila (RWM) located in Entertainment City, posted a sharp 49 percent increase in consolidated net revenues, reaching P16.4 billion (US$324.2 million) in...
Solaire Resort posts a 46% increase in Q3 GGR
Philippines-listed Bloomberry Resorts has reported a 46 percent increase in Q3 GGR at its Solaire Resort & Casino in the Philippines, driven by higher...
Mass and VIP volumes drive Okada Manila Q3 results
Okada Manila’s continuing ramp-up produced strong results for the company in 19Q3, with EBITDA ramping up 49 percent on the back of mass-market and...
Philippine tourist arrivals up 14.4% in 2019
Department of Tourism figures have shown a year-on-year 14.4% growth in tourist arrivals in the first nine months of 2019.
House of Representatives debates POGO taxation rates
The Ways and Means panel of House of Representatives is debating House Bill No. 5267 of Albay 2nd District Rep. Joey Salceda, with a variety of views about taxation rates being expressed by lawmakers
Philippines to fight off Asian competition
The Philippines has been one of the best-performing gaming jurisdictions over the past five years and is expected to continue to outperform, despite rising regional competition, as the country’s operators expand.
Regions present expansion opportunities
The Philippines’ regional casinos may not get the same headline publicity as the bigger resorts in Manila, but the number of properties has been growing and their client base evolving as amenities and infrastructure improves.
Court upholds DFNN award ruling against PCSO
The Court of Appeals has again affirmed a claim by DFNN for damages from the Philippine Charity Sweepstake Office (PCSO) for unilaterally pulling out of an equipment lease agreement.
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