Casinos of the Philippines

PAGCOR Releases Statement Denying Misinformation About Plans For Privatization

Marija Malenovic
Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino project updates, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines
The Philippine Amusement and Gaming Corp. (PAGCOR) has officially published a statement combating misinformation regarding its plans for privatization. The impact of misinformation: In the aforementioned ...

PAGCOR Wants To Lower Fees For iGaming Operators to 35% In March, Says Tengco

Marija Malenovic
Gaming Law & Legislation, Casino Destinations, Latest Casino and Gambling News, Online gambling regulation, World Casino News, Gaming Industry News, Casinos of the Philippines, Mobile gaming, Economy/Finance, Asian Casino News, Online Gambling News, Taxation, Taxes, Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR), the gaming regulatory agency of the Philippines, revealed that it will lessen the fees imposed on iGaming providers to 35% in the 3rd month of this ongo...

PAGCOR Boosts Its Share of Income To National Government, But Lags Behind Pre-Pandemic Levels

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Taxation, Asian Casino News, Taxes, Philippines
It was recently reported that the Philippine Amusement and Gaming Corp. (PAGCOR) increased its handout to the country in the first 11 months of 2023, but it still fell short of pre-pandemic numbers. Boost: ...

2024 Philippine Gaming Industry GGR To Reach PHP336.38bln, Says Tengco

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Philippines, Financial Press Releases
CEO and President of the Philippine Amusement and Gaming Corporation (PAGCOR), aka the gaming regulator of the Philippines, Alejandro Tengco, estimates that the gross gaming income (GGR) of the Philippines this...

Philippine Gaming Industry Generates US$1.24 Billion in Q3 2023 to Exceed Prepandemic Levels

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Financial Press Releases, Philippines
Gross gaming revenues of the Philippine gaming industry reached the level of Php68.8 billion (US$1.24 billion) in the third quarter of 2023. The figure reportedly represents a 20.1% increase when compared to th...

Newport World Resorts To Launch Table Games For PIGO Clients

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Casinos of the Philippines, Licenses, Online Gambling News, Asian Casino News, Licensing, Philippines
The owner of Newport World Resorts, located in Manila, Philippines, plans to extend its operations under the license of the Philippine Inland Gaming Operator (PIGO). The expansion involves new table games that ...

Pagcor to Upgrade Casino Filipino As Country’s Gaming Revenues Head to Exceed the 2019 Record

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino expansion projects, Gaming Industry News, Casino project updates, Casinos of the Philippines, Economy/Finance, Asian Casino News, Online Gambling News, Financial Press Releases, Philippines
Following the recent move to transform the state-run Philippine Amusement and Gaming Corp (Pagcor) into an exclusively regulatory entity, this governmental agency's chairman and chief executive Alejandro Tengco...

Philippine Presidential Office Requests Regulatory Action To Improve The Country’s Image

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casinos of the Philippines, Gaming Industry News, Money Laundering, Online Gambling News, Asian Casino News, Philippines
After a series of cases affecting the reputation of the Philippine gambling stakeholders, the country's Presidential Office has made a move to improve the image of the national industry. As reported by Asian Ga...

Albee Benitez Makes A Plea To Galaxy Ent. To Reconsider Boracay Casino Project; Galaxy Ent. Not Interested

Marija Malenovic
Casino News, Latest Casino and Gambling News, Casino Destinations, New Hotels, World Casino News, Casino project updates, Casinos of the Philippines, Gaming Industry News, Macau, Asian Casino News, Mergers, Acquisitions & Partnerships, Philippines
Galaxy Entertainment Group Limited, the leading operator in Macau commented that is not weighting the possibility of starting anything in Boracay, an island in the Philippines, including a resort. The company a...

First Phase of Waterfront Manila Hotel & Casino to Be Completed by May 2024

Vanja Mitic
Latest Casino and Gambling News, Casino News, New Hotels, Casinos of the Philippines, Gaming Industry News, Casino project updates, Mergers, Acquisitions & Partnerships, Philippines
The works on the reconstruction of the Waterfront Manila Hotel and Casino complex are ongoing, and the first phase is expected to be completed in the middle of the next year. Back in 2018, the property was seri...

International Entertainment To Invest $1Billion In New Coast Hotel Manila Expansion

Radosav Milutinovic
Casino News, Gaming Law & Legislation, Casino Destinations, Latest Casino and Gambling News, World Casino News, Casino expansion projects, Hong Kong, Gaming Industry News, Casino project updates, Casinos of the Philippines, Employment & Careers, Licenses, Asian Casino News, Online Gambling News, Labor Relations, Philippines
Hong Kong-listed leisure enterprise International Entertainment Corp will reportedly invest between US$1.0 billion and US$1.2 billion into the development and establishment of a hotel and casino resort in Manil...

Pagcor To End Gaming Operations By 2025 To Exclusively Focus on Regulatory Work

Radosav Milutinovic
Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino project updates, Casinos of the Philippines, Employment & Careers, Conferences / Trade Shows, Asian Casino News, Online Gambling News, Philippines
Philippine Amusement and Gaming Corp (Pagcor) will terminate its operating functions by 2025 to exclusively focus on regulatory work. In the opening session of the recent IAG Academy Summit, regulator's chairma...