Philippines
Pagcor revenue likely to gain 1.8 percent in 2020
The Philippine Gaming and Amusement Corp. (PAGCOR) expects its total revenue to rise by 1.8 percent in 2020, with PHP73.6 billion ($1.4 billion) likely to come from gaming.
Online crackdown no impact on property business: Megaworld
Megaworld Corp, one of the Philippines’ largest office lessors, says the online gaming crackdown will not have any impact on its home sales and...
No Chinese firms in POGOs: Pagcor
Philippine Amusement and Gaming Corp (PAGCOR) on Friday assured lawmakers that there are no Chinese firms operating in Philippine Offshore Gaming Operations.
Victor Padilla, senior...
Duterte lifts suspension on STL, with conditions
President Rodrigo Duterte has lifted the suspension on small town lottery (STL) operations but has set out conditions for their resumption, local media reports.
In...
Govt mulls ID cards for POGO workers
The Philippine Amusement and Gaming Corp (PAGCOR) is considering the issuance of identification cards specifically for Chinese POGO workers to ensure the legality of...
POGO freeze to trigger property price correction
The licensing freeze on Philippine Offshore Gaming Operators (POGOs) will reduce the attractiveness of the Philippines as an investment destination for online gaming firms...
China urges Philippine online gaming ban
China has praised Cambodia for its efforts to curb online gambling and urged the Philippines to impose a ban on the industry.
POGO hub proximity to military camps, not a worry
President Rodrigo Duterte said he was not worried about the presence of POGO hubs near military camps, amid concerns that the hubs could be...
PNP sets up anti-kidnapping task force for casinos
The Philippine national police are set to deploy at least two of its Anti-Kidnapping Group (AKG) strike teams near casinos with a high prevalence...
LRWC dragged by lower VIP turnover, expenses
Higher operating expenses and a significant decline in income from its junket operations saw Leisure and Resorts World swing to a net loss of...
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LVS secures new loan facility for MBS expansion
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