Philippines

Philippines Investigates Junket Operators Involved in Money Laundering Linked to Kidnapping Case

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Unsavory reports, Gaming Industry News, Mobile gaming, Online Gambling News, Crime, Fines, Lawsuits & Litigation, Philippines
The Philippines’ Anti-Money Laundering Council (AMLC) is ramping up its investigation into junket operators accused of facilitating the laundering of ransom money associated with the kidnapping of businessman A...

Albay Governor Grex Lagman Dismissed from Office Over Jueteng Allegations in Philippines

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Unlicensed Operation, Asian Casino News, Crime, Fines, Lawsuits & Litigation, Philippines
Albay Governor Edcel Greco “Grex” Lagman has once again left office following a decision by the Office of the Ombudsman, which found him guilty of grave misconduct for allegedly accepting protection money from ...

Philippines’ Gaming Industry Thrives Amid Offshore Gaming Clampdown

Vanja Mitic
Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Asian Casino News, Financial Press Releases, Philippines
The Philippine gaming sector has demonstrated remarkable resilience and growth, posting a significant 25% increase in Gross Gaming Revenue (GGR) to Php410 billion in 2024, despite the stringent regulatory measu...

Melco Resorts Evaluates Strategic Alternatives for City of Dreams Manila

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casino expansion projects, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines
Melco Resorts & Entertainment Limited, a prominent player in the integrated resort sector in Asia and Europe, is currently assessing various strategic alternatives for its Philippine venture, City of Dreams...

Philippines Boosts AML Efforts Post-FATF Delisting, Eyes iGaming Risks

Vanja Mitic
Cryptocurrency, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Casinos of the Philippines, Mobile gaming, Economy/Finance, Online Gambling News, Philippines
The Philippines has marked a significant advancement in its financial oversight mechanisms by exiting the Financial Action Task Force's (FATF) gray list, a move that reflects its strengthened anti-money launder...

Philippines Exits FATF’s ‘Grey List’, Enhancing Global Financial Standing

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Philippines
The Financial Action Task Force (FATF) has officially announced the removal of the Philippines from its 'grey list'—a roster of countries under increased scrutiny due to deficiencies in their financial systems....

Major Renovation Set for New Coast Hotel Manila to Boost Casino and Hotel Operations

Vanja Mitic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino expansion projects, Casinos of the Philippines, Gaming Industry News, Casino project updates, Economy/Finance, Asian Casino News, Philippines
In a significant move to enhance its casino and hotel services, International Entertainment Corp has announced a comprehensive PHP1.47 billion (US$25.5 million) renovation plan for its New Coast Hotel Manila, P...

DigiPlus Interactive Seeks Local Partner for Online Gaming Expansion in Brazil

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Brazil, Technology, Gaming Industry News, Mobile gaming, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Philippines
DigiPlus Interactive Corp., a Philippine-based gaming company, is actively seeking a local strategic partner to help launch its online gaming operations in Brazil. The company was granted a license to operate s...

PAGCOR Shuts Down Two Underperforming Casino Filipino Locations

Vanja Mitic
Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Casino closures, Economy/Finance, Employment & Careers, Asian Casino News, Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) has decided to close two of its Casino Filipino gaming sites due to persistent financial losses. The closures are part of the agency's ongoing rationaliz...