TAGPOGOs
Philippine Offshore Gaming Operators (POGOs) is the official designation for firms operating in the Philippines that offer online gambling services to markets outside the Philippines.
PAGCOR implemented a revised regulatory framework for offshore gaming in August 2023; a Philippine Offshore Gaming Operator (POGO) has been rebranded into Internet Gaming Licenses (IGLs).
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LATEST NEWS
The Star Gold Coast CEO tenders resignation
The Star has announced yet another departure from its corporate leadership, with Jessica Mellor – CEO of The Star Gold Coast - tendering her resignation.
Macau CAA gives green light for more flights and routes
Macau’s Civil Aviation Authority (AACM) has outlined upcoming changes to scheduled flights, signaling a positive shift for air travel in the region.
Commissioner acknowledges ‘prejudice’ in IPI case, lawyer claims company has no money
Two developments surrounding Commissioner Martin Mendiola and Attorney Michael Chen have made headlines this week.
Chinese Embassy endorses Philippines in addressing the ‘root causes’ of POGOs
The Embassy of China in the Philippines, on Thursday, has issued a statement emphasizing its support for the Philippine Government in addressing the 'root causes' of issues stemming from the offshore gambling industry.
Macau received 585K foreign visitors in 1Q24, reaching 68% of 2019 levels
Macau is still working on bringing more international visitors to improve the pace of its recovery. In the first quarter of the year, the city received 585,000 international visitors out of a total of 8.9 million visitor arrivals. This means international visitors accounted for only about 6.6 percent of the total visitors.
PAGCOR appoints lawyer Wilma Eisma as new President and COO
The Philippine Amusement and Gaming Corporation (PAGCOR) has announced the appointment of lawyer Wilma Eisma as the new President and Chief Operating Officer (COO), making her the first woman to hold the position of President and COO.
MGTO anticipates 130k visitors daily during Labor Day holiday
Helena de Senna Fernandes, Head of the Macao Government Tourism Office (MGTO), projects that Macau may receive an average of 150,000 inbound tourists per day during the Labor Day Golden Week. The projection surpasses the numbers seen during the Cheng Ming and Easter holidays.
Supreme Court decision to determine fate of India’s online gaming: lawyers
An Indian Supreme Court decision over gaming taxation will hold significant implications for an industry grappling with regulatory uncertainties and divergent tax rulings across the country, legal analysts consider.
Sands China sees massive EBITDA increase as 1Q24 shines
Sands China has reported a 53.3 percent increase in adjusted property EBITDA for its Macau operations in the first quarter, while Marina Bay Sands was also up by over 50 percent during the period.
Entain records good progress, increase in active customers
Gambling giant Entain has surprised analysts with its resilience in the face of challenging market conditions.
Reshaping The Grand Ho Tram into an IR: EBITDA is king
Since coming in four years ago, gaming veteran Walter Power has flipped the script on the Grand Ho Tram Resort, leveraging decades of experience in Macau to shape it into a true integrated resort, drawing the expat crowd from nearby Ho Chi Minh and further abroad.
