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Philippines DOJ investigates allegations of Small Town Lottery tax evasion, begins online casino crackdown

January 16, 2017

Latest Casino and Gambling News, Unlicensed Operation, Asian Casino News, Tax Evasion, Taxation, Philippines

Following investigations into lapses in the payment of taxes in small town lottery (STL) in the Philippines, the Department of Justice (DOJ) has decided to crack down on illegal online casinos. The move comes s...

Share sale of PhilWeb founder approved by Philippine regulators

Alex Lanter

January 9, 2017

Gaming Law & Legislation, Economy/Finance, Licenses, Philippines

Philippine operator of online casino games at land-based digital terminals, PhilWeb, was given an official approval by the Philippine Securities and Exchange Commission (PSEC) to sell 53.76% of its shares to ne...

Philippine President sets conditions (or trap) for Lam’s return

Alex Lanter

January 3, 2017

Latest Casino and Gambling News, Tax Evasion, Bribery, Philippines

Controversial Philippine President Rodrigo Duterte has changed his mind regarding the imprisonment of Chinese casino magnate Jack Lam and has now set terms, which if fulfilled, will see Lam return to the Philip...

Interpol possibly involved in November Philippine call center raid

Lars Jones

January 2, 2017

Latest Casino and Gambling News, China, Casino closures, Money Laundering, Data Protection, Financial Fraud, Philippines

In Singapore, the Straights Times print edition reported on December 31 that The International Criminal Police Organization ICPO or INTERPOL, conducted raids as part of an operation called Operation First Light...

Casino operations start December 30th for Okada Manila

Sadonna Price

December 29, 2016

Latest Casino and Gambling News, Casino openings, Casino project updates, Philippines

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Yesterday, the Okada Manila gaming resort of the Philippines announced that casino operations would officially launch at 7pm on December 30th. This announcement comes just days after the Philippine Amusement an...

Okada wants to branch out and make Philippines the ‘next Hawaii’

Lars Jones

December 28, 2016

Casino News, Latest Casino and Gambling News, Casino proposals, Philippines

The man behind the soon to open US$2.4 billion Okada Manila, Japanese pachinko tycoon Kazuo Okada, is looking to expand beyond Pagcor's Entertainment City in the Philippines. In an interview on ABS-CBN telev...

Okada Manila files provisional PAGCOR license with Tokyo Stock Exchange

Lars Jones

December 27, 2016

Latest Casino and Gambling News, Casino openings, Casino project updates, Licenses, Philippines

Universal Entertainment Inc., (6425:Tokyo) was granted a provisional license for their Okada Manila casino resort on December 16 with an effective date of December 21, according to a report filed with the Tokyo...

PhilWeb to ‘compete’ for eGames license, process expedited

Lars Jones

December 27, 2016

Latest Casino and Gambling News, Licenses, Licensing, Philippines

PhilWeb Corp., the software provider to 268 eGames internet cafes in the Philippines, filed a report with the stock exchange there, published today noting that the Philippine Amusement and Gaming Corp (Pagcor) ...

Pagcor to control all online gambling licenses, clarifies Duterte ‘closures’

Lars Jones

December 24, 2016

Latest Casino and Gambling News, Online gambling regulation, Licenses, The Players Lounge, Taxation, Online Gambling News, Licensing, Philippines

Yesterday, the Philippine Amusement and Gaming Corp. (Pagcor) walked back a statement from the country's president that indicated all online gaming operators would be put out of business with no exceptions. And...

Philippines President Duterte axes all online gambling in the country, or maybe not

Lars Jones

December 22, 2016

Latest Casino and Gambling News, Casino News, Casino closures, Online Gambling News, Licensing, Philippines

See update below In a sweeping move seen as the reversal of an earlier pledge to allow online gambling operations in the Philippines, President Rodrigo Duterte has ordered the plug pulled on all online gambl...

Singapore casino market to be overshadowed by Philippines, according to Okada

Alex Lanter

December 22, 2016

Latest Casino and Gambling News, New Hotels, Casino project updates, Economy/Finance, Philippines, Singapore

Japanese casino magnate, entrepreneur, and chairman of Universal Entertainment Corporation, Kazuo Okada, says that the gambling market in the Philippines could eventually overshadow Singapore, Bloomberg reports...

Okada Manila to hold preview today: Updated

Sadonna Price

December 21, 2016

Casino News, Latest Casino and Gambling News, New Hotels, Casino openings, Casino project updates, Philippines

Today marks a ‘preview period’ for the Okada Manila, the newest gaming and entertainment resort to be located in the Philippines. The public will be able to take part in offerings provided by the venue beginnin...

Philippines president orders Jack Lam’s assets seized

Sadonna Price

December 19, 2016

Latest Casino and Gambling News, Economy/Finance, Tax Evasion, Taxation, Philippines

Rodrigo Duterte, the president of the Philippines, has ordered that all gaming assets of Jack Lam Yin Lok be seized. This order was issued after Lam allegedly failed to pay the correct taxes. Local media is rep...

Okada Manila to open next Wednesday

Lars Jones

December 14, 2016

Latest Casino and Gambling News, Casino proposals, New Hotels, Casino openings, Casino project updates, Philippines

The Philippines' largest integrated resort property, Okada Manila, will offer a soft launch and preview on December 21 with $2.4 billion invested so far in the anticipated $5 billion, 44-hactare (over 100 acre)...

Philippines casino operator calls for changes to Chinese visa policy

Adam Morgan

December 13, 2016

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

The boss for Philippines casino operator Bloomberry Resorts Corporation has reportedly suggested that his government should adopt a visa-on-arrival policy for visitors from mainland China instead of requiring s...

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Philippines DOJ investigates allegations of Small Town Lottery tax evasion, begins online casino crackdown

Share sale of PhilWeb founder approved by Philippine regulators

Philippine President sets conditions (or trap) for Lam’s return

Interpol possibly involved in November Philippine call center raid

Casino operations start December 30th for Okada Manila

Okada wants to branch out and make Philippines the ‘next Hawaii’

Okada Manila files provisional PAGCOR license with Tokyo Stock Exchange

PhilWeb to ‘compete’ for eGames license, process expedited

Pagcor to control all online gambling licenses, clarifies Duterte ‘closures’

Philippines President Duterte axes all online gambling in the country, or maybe not

Singapore casino market to be overshadowed by Philippines, according to Okada

Okada Manila to hold preview today: Updated

Philippines president orders Jack Lam’s assets seized

Okada Manila to open next Wednesday

Philippines casino operator calls for changes to Chinese visa policy

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Bloomberry Expands Online Gaming as Solaire North Edges Toward Profit

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