Philippines

Philippines Escalates Fight Against POGOs with Presidential Ban and Police Task Force

In a landmark decision, Philippine President Ferdinand Marcos Jr. declared an immediate ban on all Philippine Offshore Gaming Operators (POGOs) during his latest State of the Nation Address. This directive is p...

Clark’s New Casino Venture Awaits PAGCOR’s Licensing Decision

In the bustling region of Clark, a new development is on the horizon as Belle Corporation has officially expressed its intent to construct a casino, marking a potential expansion in their gaming portfolio. Whil...

AGI Invests $172 Million to Transform Manila’s Tourism with Newport Upgrade and Westside City Development

Alliance Global Group Inc. (AGI) is making a significant investment to reshape Manila's tourism and leisure landscape with $172 million allocated for upgrading the existing Newport World Resorts and developing ...

PAGCOR Blocks Nearly 75% of Detected Illegal Online Gambling Sites, Pushes for Online Gaming Regulation

The Philippine Amusement and Gaming Corporation (PAGCOR) has made significant strides in its ongoing campaign against illegal online gaming, successfully blocking 5,793 of the 7,747 sites detected, which accoun...

Andrew Lo Appointed President of Suntrust Resort Holdings Inc, Succeeding David Chua

Suntrust Resort Holdings Inc. has named Andrew Lo Kai Bong its new president following David Chua Ming Huat's sudden departure. This leadership transition was announced in a filing to the Philippines Stock Exch...

Philippine Gaming Industry Revenue Soars 19% to $3.3 Billion in First Half of 2024

The Philippine gaming industry witnessed a significant surge in revenue during the first half of 2024, reporting a year-on-year growth of 19.2%. According to the latest figures released by the Philippine Amusem...

Philippines Court Freezes Assets of Suspended Mayor Alice Guo Linked to Illegal POGO Activities

The Philippines’ Anti-Money Laundering Council (AMLC) has secured a freeze order from the Court of Appeals (CA) on the assets of suspended Mayor Alice Guo and other individuals allegedly linked to the illegal a...

PAGCOR Enforces POGO Hub Ban to Enhance Regulation and Combat Crime

The Philippine Amusement and Gaming Corporation (PAGCOR) has announced a significant policy shift, declaring that POGO (Philippine Offshore Gaming Operator) hubs will no longer be permitted. This move, disclose...

Waterfront Philippines Inc. Nears Completion of Manila Hotel and Casino Reconstruction by 2025

Waterfront Philippines Inc. is poised to complete the Waterfront Manila Hotel and Casino reconstruction by the end of next year. This project, which has faced several delays, will see its first phase completed ...

PH Resorts Ends Agreement with TRLEI for Emerald Bay Resort Project

PH Resorts Group Holdings Inc, which is overseeing the stalled Emerald Bay Resort casino project in Mactan, Cebu, has officially terminated its term sheet with Tiger Resort Leisure & Entertainment Inc (TRLE...

FATF Keeps Philippines on Grey List, Cites Need for Further AML/CFT Improvements

On Friday, the Financial Action Task Force (FATF), a global financial watchdog, confirmed that the Philippines remains on its "grey list" of jurisdictions under heightened scrutiny. Despite this, the FATF ackno...

Jade SportsBet Resumes Operations in the Philippines After Regulatory Suspension Lifted

Jade SportsBet, an online wagering platform operated by Jade Entertainment and Gaming Technologies Inc., has successfully lifted the suspension on its operations in the Philippines. This development comes after...