Philippines

philippines

Privatization of Philippines Casinos Gains Secretary’s Support

Benjamin Diokno, the Philippines' Department of Finance Secretary, announced the plans for the Philippines casinos. The plans for privatization have been recently resurrected, and PAGCOR is about to privatize t...

Philippines casino industry projected to achieve $10 billion in GGR by 2027

With the opening of new casinos, the Philippines casino industry will achieve GGR of 10 billion dollars by 2027, doubling its revenues in just 5 years, according to analysts from GCG Gaming Advisory Services, a...

Megaworld Arranges $261 million Financing of new Winford casino project: Metro Manila

One of the biggest property developers in the Philippines, Megaworld Corporation, part of Aliance Global Group Inc., has signed a 261 mllion dollar (PHP 15 billion) investment agreement with Winford Resort for ...

Local Demand led Bloomberry to 89% yearly GGR growth in 3Q22

During the past 3 months until September 30th, 2022, Bloomberry Resorts Corporation's, a leading developer of tourist facilities, casino entertainment, hotel and amusement-themed projects, gross gaming revenue ...

PAGCor orders two locally-licensed iGaming enterprises to close

The gaming regulator for the Philippines has reportedly ordered a pair of locally-licensed iGaming firms to close after detaining 140 members of their staffs who were suspected of having been kidnapped and forc...

PAGCor to lead collective crackdown against online gambling-related crime

The new head for the gaming regulator of the Philippines has reportedly announced that his organization is to lead a collaborative campaign that will endeavor to crack down on crimes associated with the operati...