Good Morning. PAGCOR is doubling down on its efforts to transition into a purely regulatory function, with a top official noting the expected increase in attractiveness for large foreign investors such as Wynn and MGM. Meanwhile, operators in Australia face renewed difficulties amongst increased regulations, with both economic and social implications, notes an expert. In Macau, a legislator has voiced the concerns of casino supervisors that smart tables have yet to relieve the workload of frontline workers.
What you need to know
- PAGCOR’s confident in becoming purely a regulator, with upgrades to its Casino Filipino properties for the 2026 sale: watch the video.
- Australia’s wagering industry faces unprecedented challenges as new regulatory measures loom, according to Responsible Wagering Australia CEO Kai Cantwell.
- Smart gaming tables in Macau fail to reduce workload due to system malfunctions, prompting complaints from casino supervisors.
On the radar
- Chinese police crackdown on illegal Euro 2024 gambling operations.
- AGEM Index increases 7.7 percent in May.
- The Philippines received 2.8M international visitors in 1H24, up 13.7% YoY.
- Waterfront Manila Phase one reconstruction pushed to 4Q24.
- Paradise Co. sees 20% y-on-y growth in gaming revenue in 1H24.
AGB Intelligence
PHILIPPINES
PAGCOR’s shift to being just a regulator: official
The Philippines’ gaming regulator PAGCOR is aiming to establish itself as purely a regulator, shifting out of the operating role after the sale of its Casino Filipino assets, expected in early 2026. PAGCOR Senior Vice President Daniel Cecilio lays out why the changes are necessary and what will shape the gaming workforce going forward, with the newly proposed Gaming Academy.
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