Philippines

Bloomberry Q2 Revenue Falls 4% as VIP Declines at Solaire Entertainment City, Despite North’s Strong Start

Johnny K.
Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, Philippines
Bloomberry Resorts Corp reported a decline in its financial performance for the second quarter of 2024, with consolidated gross gaming revenues falling by 4% year-on-year to Php14.5 billion ($255 million). This...

Philippines Casino Revenue Drops in Q2 2024 Amidst E-Games Boom

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases, Philippines
Combined gross gaming revenues (GGR) for licensed casinos in the Philippines saw a 4.3% year-over-year decrease to Php49.48 billion (US$864 million). This slight decline was followed closely by first quarter GG...

Manuel Villar Jr. to Transform Las Piñas City with Leisure & Entertainment Complex

Vanja Mitic
Casino Destinations, Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, Gaming Industry News, Casino project updates, Casinos of the Philippines, Asian Casino News, Philippines
A new chapter in urban recreation is unfolding in Las Piñas City, as Philippine tycoon Manuel Villar Jr. embarks on an ambitious project to transform this locality into a premier destination for leisure and ent...

Philippine Senate Seeks to Outlaw POGO Operations with New Legislation

Johnny K.
Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, Online Gambling News, Asian Casino News, Licensing, Fines, Lawsuits & Litigation, Philippines
In a significant move to reshape the gaming landscape in the Philippines, Senator Joel Villanueva has introduced Senate Bill No. 2752, dubbed the "Anti-POGO Act." This bill aims to repeal the existing law taxin...

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

Vanja Mitic
Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, World Casino News, Gaming Industry News, Casinos of the Philippines, Asian Casino News, Crime, Philippines
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

Vanja Mitic
Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Casino Destinations, Casino proposals, World Casino News, New Hotels, Casinos of the Philippines, Gaming Industry News, Casino project updates, Licenses, Asian Casino News, Licensing, Philippines
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

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
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

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Unlicensed Operation, Online Gambling News, Asian Casino News, Philippines
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

Vanja Mitic
Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Casino moguls, Employment & Careers, Asian Casino News, Labor Relations, Philippines
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

Vanja Mitic
Latest Casino and Gambling News, Casino News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Financial Press Releases, Philippines
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...