Good Morning. Death by 1,000 taxes. Thatโs the concern now for the online gaming industry in the Philippines, as the government is pondering increasing the levy on GGR for the sector by up to 10 percent. Experts warn that operators already pay one of the highest tax rates in the world, and an increase would likely push punters to the black market. Meanwhile, in Australia, the joint venture partners in Queenโs Wharf Brisbane are considering Crown Resorts as a potential replacement for The Star in the project, potentially smoothing over the casino license transition.
What you need to know
- Online gambling firms in the Philippines face steeper taxes, as the government eyes a 10% hike atop the current 38% levy on GGR.
- Chow Tai Fook and Far East Consortium in talks with Crown over potential Queenโs Wharf casino takeover.
On the radar
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- DigiPlus shares drop amid calls for online gambling ban.
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AGB Intelligence
PHILIPPINES

Government ponders 10% additional GGR tax on online gaming
The Philippine government is eyeing a possible increase on the tax that online gaming firms pay on gross gaming revenue. An increase of up to 10 percent is a possibility, with experts warning that this could highly stifle an industry which already faxes some of the highest tax rates worldwide. Authorities, however, are under public pressure to be seen as doing something, however efforts appear to be targeting legal operators rather than eliminating illegal ones.
Corporate Spotlight
Why Asiaโs iGaming operators must rethink risk strategy | SEON
Winning Trust, Stopping Fraud. Asia Pacificโs iGaming market is expanding extremely fast, and a new wave of digital-savvy players is pushing demand through the roof. But the rise in adoption has outpaced regulation in many markets, and fraudsters have taken notice.
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