Philippines | World Casino News

Philippines initiates new tax regime for POGO license holders

September 23, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Philippines

In the Philippines and President Rodrigo Duterte (pictured) has reportedly signed legislation into law to institute a new tax regime for those firms holding a Philippine Offshore Gaming Operator (POGO) license....

Summit Ascent Holdings Limited extends loan on Philippines casino

Adam Morgan

September 21, 2021

Casino News, Latest Casino and Gambling News, Casino project updates, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

Asian casino operator Summit Ascent Holdings Limited has reportedly extended the maturity date on a $122.5 million loan it agreed with Filipino associate SunTrust Home Developers Incorporated in February. Ac...

Philippines regulator expecting to post improved annual tax revenues

Adam Morgan

September 7, 2021

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Sports betting, Taxation, Philippines

The boss for the Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly predicted that her organization expects to bring in aggregated tax revenues for this year of up to $756 million. ...

Boracay casino may be back on track after after moratorium on new casinos reversed

Sadonna Price

August 30, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Philippines

Plans for a casino in Boracay may be back on track after recent gaming regulation developments in the Philippines. In 2018, a moratorium was put in place by President Rodrigo Duterte to stop casino developments...

International Entertainment Corporation delays Manila casino resort scheme

Adam Morgan

August 16, 2021

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Philippines

Asian hotel and leisure operator International Entertainment Corporation has reportedly postponed a plan that was to have seen it bring a five-star casino resort to the Philippines capital of Manila by the end ...

MegaSportsWorld receives PAGCor approval to launch online sportsbetting

Adam Morgan

August 16, 2021

NBA, Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Illegal Bookmaking, The Players Lounge, Sports betting, Online Gambling News, Crime, Licensing, Philippines

The gaming regulator for the Philippines has reportedly granted local retail sportsbook operator MegaSportsWorld permission to begin offering its services to domestic punters online. According to a report fr...

Manila casinos to be closed again from Friday owing to coronavirus

Adam Morgan

August 2, 2021

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino closures, Gaming Industry News, Economy/Finance, Philippines

In the Philippines and the government of President Rodrigo Duterte has reportedly decided to temporarily close casinos in metropolitan Manila for a third time in 17 months owing to a significant rise in the loc...

Boss of Philippines regulator opposes tax breaks for local iGaming firms

Adam Morgan

July 29, 2021

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Taxes, Philippines

The boss for the Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly come out against the idea of granting limited tax breaks to firms holding a Philippine Offshore Gaming Operator (PO...

Value of Manila casino stocks rise on the back of Duterte reconsideration

Adam Morgan

July 8, 2021

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Lottery, Online Gambling News, Philippines

In the Philippines and the individual share prices for some of the nation’s largest casino operators have reportedly risen sharply following a dramatic change of heart from President Rodrigo Duterte (pictured)....

Anti-money laundering watchdog adds the Philippines to its ‘grey list’

Adam Morgan

June 28, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Illegal Bookmaking, Online Gambling News, Crime, Philippines

The international body that examines and grades countries’ efforts at helping to prevent money laundering has reportedly placed the Philippines on its ‘grey list’ and recommended that the jurisdiction up its ef...

Philippines innovator launching a pair of sportsbetting domains

Adam Morgan

June 11, 2021

Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, New online casinos, Gaming Industry News, Mobile gaming, India, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Licensing, Philippines

In the Philippines and local sportsbetting firm Jade Entertainment and Gaming Technologies Incorporated has reportedly announced the impending launch of a pair of new websites to target sports wagering aficiona...

Emerald Bay Resort and Casino opening date further delayed

Adam Morgan

May 20, 2021

Casino News, Latest Casino and Gambling News, New Hotels, Casino project updates, Gaming Industry News, Economy/Finance, Licenses, Philippines

In the Philippines and a senior executive with the company behind the under-construction Emerald Bay Resort and Casino has announced that the facility’s planned premiere has been further delayed as a result of ...

Resorts World Manila operator chalks up $23 million first-quarter loss

Adam Morgan

May 20, 2021

Casino News, Latest Casino and Gambling News, Casino project updates, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

In the Philippines and the operator behind the Resorts World Manila property has reportedly released its first-quarter financial results showing a net deficit of about $23 million owing to the impacts of the co...

Two more Manila integrated casino resorts granted PIGO iGaming licenses

Adam Morgan

May 4, 2021

Online gaming software, Casino News, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News, Licensing, Philippines

In the Philippines and the giant Resorts World Manila and Solaire Resort and Casino properties have reportedly followed their neighboring Okada Manila venue in being officially licensed to offer online gaming t...

PAGCor chalks up disappointing first-quarter financials

Adam Morgan

April 28, 2021

Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Philippines

The Philippine Amusement and Gaming Corporation (PAGCor) has reportedly announced that its aggregated gross gaming revenues for the first three months of the year dropped by 51.4% on a comparative basis to just...

Please confirm that you are not a robot.

Top Online Casinos in United States

Top Online Bingo in United States

Top Online Poker in United States

Top Online Sportbooks in United States

Philippines initiates new tax regime for POGO license holders

Summit Ascent Holdings Limited extends loan on Philippines casino

Philippines regulator expecting to post improved annual tax revenues

Boracay casino may be back on track after after moratorium on new casinos reversed

International Entertainment Corporation delays Manila casino resort scheme

MegaSportsWorld receives PAGCor approval to launch online sportsbetting

Manila casinos to be closed again from Friday owing to coronavirus

Boss of Philippines regulator opposes tax breaks for local iGaming firms

Value of Manila casino stocks rise on the back of Duterte reconsideration

Anti-money laundering watchdog adds the Philippines to its ‘grey list’

Philippines innovator launching a pair of sportsbetting domains

Emerald Bay Resort and Casino opening date further delayed

Resorts World Manila operator chalks up $23 million first-quarter loss

Two more Manila integrated casino resorts granted PIGO iGaming licenses

PAGCor chalks up disappointing first-quarter financials

Playtech Sells German Happybet Sports Betting Brand to Pferdewetten

Macau Sees Rise in Gaming-Related Crimes Amid New Illegal Money Exchange Laws

Steve Cohen’s Queens Casino Project Advances with Senate Approval

BetMGM Teams Up with Century Casinos for Missouri Sports Betting Launch

Sega Sammy Finalizes $96M Acquisition of GAN Limited