Philippines

Pagcor Chairman Unveils Plans to Reduce E-Games Tariffs, Boosting Philippines’ Gaming Investment Appeal

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Casinos of the Philippines, Mobile gaming, Economy/Finance, Online Gambling News, Taxation, Asian Casino News, Taxes, Philippines
In a move aimed at fostering industry growth and attracting more investment, Alejandro Tengco, chairman and CEO of the Philippine Amusement and Gaming Corp (Pagcor), revealed plans to reduce once again the rate...

Solaire Resort North: Bloomberry Unveils $1 Billion Casino Complex in Quezon City, Aiming to Boost Local Tourism

Vanja Mitic
Casino Destinations, Latest Casino and Gambling News, Casino News, New Hotels, World Casino News, Casino openings, Gaming Industry News, Casino project updates, Casinos of the Philippines, Asian Casino News, Philippines
Bloomberry Resorts Corp, a prominent name in the Philippines' gaming industry, debuted its latest venture, Solaire Resort North, on Saturday, situated in Vertis, Quezon City, just north of Metro Manila. This ne...

Quezon City Mayor Bans Government Employees from Soon-to-Open Solaire Resort North Casino Over Conflict of Interest

Johnny K.
Casino News, Latest Casino and Gambling News, World Casino News, Casino openings, Casino project updates, Gaming Industry News, Asian Casino News, Philippines
The mayor of Quezon City, Josefina Belmonte, has declared that all city government officials and employees are strictly forbidden from entering the forthcoming Solaire Resort North casino. This establishment is...

Wazdan Expands Reach with Filipino Market Entry, Boasts EGR North America Awards Nominations

Vanja Mitic
Awards, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Online Gambling News, Mergers, Acquisitions & Partnerships, Philippines
Celebrated game developer Wazdan ventures into the vibrant Filipino market through a strategic partnership with SG8, a prominent operator renowned for its diverse offerings. A total of 46 Wazdan titles, includi...

Philippine Gaming Industry Hits Record High: Q1 Revenues Surge to PHP81.70 Billion, E-Games Sector Leads Remarkable Growth

Vanja Mitic
Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Asian Casino News, Financial Press Releases, Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) has unveiled impressive figures, revealing that the country's gross gaming revenues (GGR) for the first quarter of the year surged to PHP81.70 billion ($...

PAGCOR’s Gaming Revenue Hits All-Time High in Q1 2024

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Asian Casino News, Financial Press Releases, Philippines
The Philippine Amusement and Gaming Corp. (PAGCOR) revealed on April 28 that it managed to hit an all-time record in gaming revenue of Php25.24bln, roughly US$437m, for the 3-month period leading to March 31 of...

Philippine Senator Files Proposal to Ban POGOs over Human Trafficking Concerns

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Money Laundering, Online Gambling News, Asian Casino News, Conspiracy, Crime, Philippines
Philippine Senator Risa Hontiveros has called on the country's legislature to immediately ban Philippine Offshore Gaming Operations, known as POGOs, over human trafficking concerns allegedly raised after the re...

Okada Manila Reports 24% Revenue Decline In Q1 2024

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Mobile gaming, Economy/Finance, Online Gambling News, Asian Casino News, Financial Press Releases, Philippines
Tiger Resort Leisure and Entertainment Inc, the Okada Manila casino resort operator, reportedly revealed the resort's financial result for the first quarter of 2024. According to the operator's filings made on ...

Newport World Resorts Hits Newest Yearly High in GGR for 2023; Non-Gaming Income up 40%

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Casino moguls, Asian Casino News, Financial Press Releases, Philippines
It was recently revealed that Newport World Resorts managed to reach the newest yearly high in terms of gross gaming income collected for the previous year, surpassing PHP34.2bln, which is roughly $600.38m. Add...

Melco International Records a Loss of HK$1.74 Billion in 2023, Narrowed from $5.11 Billion

Vanja Mitic
Casino News, Latest Casino and Gambling News, Casino reviews from Macau, Casinos of the Philippines, Gaming Industry News, Cyprus, Economy/Finance, Macau, Financial Press Releases, Philippines
Macau’s concessionaire Melco Resorts & Entertainment’s parent company, Melco International Development Ltd, reportedly lost HK$1,74 billion (US$222 million) in 2023. The loss is attributable to the owners. ...