Good morning. Ban it, ban it again, ban it even more. Senators in the Philippines aren’t yet content with the Executive Order that is set to ban POGOs, even though it could be just two weeks away. The legislators aim to future-proof the ban from coming administrations by altering laws to ensure that they can’t make a resurgence in the country. Meanwhile, Macau’s next Chief Executive has met with the gaming industry, urging “healthy development”. In Thailand, the nation’s new Prime Minister is urging economic growth, including casino complexes.
What you need to know
- Senators are still pushing bills to future-proof the ban on POGOs, despite an Executive Order expected within two weeks.
- Macau’s sole Chief Executive candidate urges the gaming industry to adopt “healthy, orderly, and sustainable development” at a recent meeting.
- Thailand PM gives first policy address, official statement highlights benefits of entertainment complexes for the economy.
On the radar
- Bloomberry expects 5-10 years for the third casino in Cavite.
- Thai PM faces calls for her removal, adding uncertainty to casino plan.
- Angel Group constructing a new card-centric factory in Macau.
- US sanctions for Cambodian tycoon Ly Yong Phat for human trafficking.
AGB Intelligence
PHILIPPINES
Senators push POGO ban bills, EO expected in 2 weeks
While an Executive Order officializing the ban on offshore gaming operations (POGOs) in the Philippines should be issued within just two weeks, senators in the Philippines are still pushing for legislation that will future-proof the ban from the following administrations. Meanwhile, PAGCOR aims to maintain BPO operations, noting that they do not accept bets, and maintain the onshore industry.
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