Casinos of the Philippines

PAGCOR Gaming Income Up 35.6%; Philippine Industry GGR In First Six Months Of 2023 Rises To US$2.50 Billion

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Licenses, Asian Casino News, Licensing, Financial Press Releases, Philippines
On July 20, the Philippine Amusement and Gaming Corporation, PAGCOR, the Philippine gaming regulator, revealed overnight that its rise in total profit by 35.6% in the first six months of 2023 to Php36.21 billio...

PAGCOR Extends Regulatory Framework to Online Casinos to Push Philippines Gaming Industry

Radosav Milutinovic
Gaming Law & Legislation, Latest Casino and Gambling News, Casino Destinations, Online gambling regulation, World Casino News, Gaming Industry News, Casinos of the Philippines, Online Poker, Poker, Unlicensed Operation, Licenses, Asian Casino News, Online Gambling News, Macau, Philippines
PAGCOR Chairman and CEO Alejandro Tengco has announced the extensive re-arrangement and upgrade of the Philippines’ gaming regulatory frameworks. The regulator will reportedly introduce standards to have online...

Alliance Global Group To Consider Plans To Expand Casino Operations Outside Metro Manila

Marija Malenovic
Casino Sales, Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Casino expansion projects, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Licenses, Asian Casino News, Mergers, Acquisitions & Partnerships, Licensing, Philippines
On June 15, Alliance Global Group Inc. (AGI), the Philippines-based conglomerate owned by billionaire Andrew Tan, has revealed that it will consider plans to extend its casino operations outside Metro Manila. T...

Pagcor Bans New Offshore Operators After Recent Misconduct Warning

Radosav Milutinovic
Casino Destinations, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Casinos of the Philippines, Gaming Industry News, Licenses, Online Gambling News, Asian Casino News, Crime, Financial Fraud, Fines, Lawsuits & Litigation, Philippines
Following the recent gaming license, and provisional accreditation cancellations of offshore gaming hubs in the Clark Freeport Zone by the Philippine gaming regulator, the Clark Development Corporation (CDC) ha...
pagcor

PAGCOR Keeps Fighting Against the Crime, Canceled Sun Valley Clark POGO Hub’s Accreditation

Vanja Mitic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Licenses, Crime, Fines, Lawsuits & Litigation, Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) continues to ban offshore gaming clubs in order to establish safety and security in the country. After canceling the gaming license for CGC Technologies ...

PAGCOR Cancels Gaming License of CGC Technologies, Operator Faces Criminal Charges

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Licenses, Asian Casino News, Conspiracy, Fines, Lawsuits & Litigation, Financial Fraud, Philippines
As Inside Asian Gaming reports, the Philippine Amusement and Gaming Corporation (PAGCOR) said that it has cancelled the accreditation of CGC Technologies Inc, a Philippine offshore gaming operator (POGO). Accor...

PAGCOR’s Casino Sale To Be Extra Difficult As Local Players Move To Entertainment City And Clark; Local Demand As Main Driver Of Philippine Gaming Industry

Marija Malenovic
Casino Sales, Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines
Philippines gaming regulator PAGCOR's move to officially sell its casinos is predicted to be hampered by the growing number of domestic players moving from PAGCOR casinos to integrated resorts in Manila and Cla...

Philippine Gaming Revenues Hit US$1.24 billion in Q1 2023

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, Casino Destinations, World Casino News, Casino project updates, Casinos of the Philippines, Gaming Industry News, Asian Casino News, Philippines, Financial Press Releases
Inside Asian Gaming reports that the gross gaming revenues of the Philippine gambling industry soared to Php68.9 billion (US$1.24 billion) in the first quarter of 2023. The strong growth was reportedly driven b...
ph group

PH Resorts Group Continues Negotiations with Investors for IR Project in Cebu

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, New Hotels, Casinos of the Philippines, Gaming Industry News, Casino project updates, Economy/Finance, Financial Press Releases, Philippines
Udenna Group’s subsidiary for the gaming and hospitality industry, PH Resorts Group, is planning to continue the development of its new integrated resort project, which will be situated in Cebu. Negotiations...

Aristocrat Opens First Dedicated Gaming Showroom in Manila

Radosav Milutinovic
Australia, Casino News, Casino Destinations, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Casino expansion projects, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Mobile gaming, Conferences / Trade Shows, Asian Casino News, Online Gambling News, Oceania Casino News, Philippines
Australian gaming machines and iGaming innovator, Aristocrat Leisure Ltd, reportedly opened “the first dedicated gaming showroom” in the Philippines. As GGRAsia reports, the gaming facility is part of Aristocra...

Pagcor Doubled Net Income in Q1 on 50% Revenue Growth

Radosav Milutinovic
Casino Destinations, Casino News, World Casino News, Gaming Industry News, Casinos of the Philippines, Mobile gaming, Economy/Finance, Asian Casino News, Online Gambling News, Financial Press Releases, Philippines
The Philippine Amusement and Gaming Corporation, PAGCOR, the Philippine gaming regulator, reported that its net income for the first quarter of 2023 amounted to approximately PHP1.34 billion (US$24.0 million). ...
pagcor

Pagcor’s Fight Against Illegal Betting in the Philippines

Vanja Mitic
Gaming Law & Legislation, Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Casinos of the Philippines, Mobile gaming, Unlicensed Operation, Online Gambling News, Crime, Philippines
The illegal gambling scene is expanding in the Philippines. The authorities are fighting against that with all possible weapons, and the last was a warning that was issued by the Philippine gaming regulator.  ...

Bloomberry Develops Third Solaire Resort in Cavite in the Philippines

Radosav Milutinovic
Casino Destinations, Latest Casino and Gambling News, New Hotels, World Casino News, Casino expansion projects, Casinos of the Philippines, Gaming Industry News, Casino project updates, Casino moguls, Asian Casino News, Mergers, Acquisitions & Partnerships, Philippines, South Korea
The casino operator Bloomberry Resorts Corp., owned by casino mogul Enrique Razon, announced the development of the third casino project upon the launch of its Solaire Resort North in Quezon City in the Philipp...