Philippines

PAGCOR Gaming Income Up 35.6%; Philippine Industry GGR In First Six Months Of 2023 Rises To US$2.50 Billion

Marija Malenovic
Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Licenses, Asian Casino News, Licensing, Financial Press Releases, Philippines
On July 20, the Philippine Amusement and Gaming Corporation, PAGCOR, the Philippine gaming regulator, revealed overnight that its rise in total profit by 35.6% in the first six months of 2023 to Php36.21 billio...

PAGCOR Extends Regulatory Framework to Online Casinos to Push Philippines Gaming Industry

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Casinos of the Philippines, Online Poker, Poker, Unlicensed Operation, Licenses, Online Gambling News, Macau, Asian Casino News, Philippines
PAGCOR Chairman and CEO Alejandro Tengco has announced the extensive re-arrangement and upgrade of the Philippines’ gaming regulatory frameworks. The regulator will reportedly introduce standards to have online...

Alliance Global Group To Consider Plans To Expand Casino Operations Outside Metro Manila

Marija Malenovic
Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, Casino expansion projects, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Licenses, Asian Casino News, Mergers, Acquisitions & Partnerships, Licensing, Philippines
On June 15, Alliance Global Group Inc. (AGI), the Philippines-based conglomerate owned by billionaire Andrew Tan, has revealed that it will consider plans to extend its casino operations outside Metro Manila. T...

Pagcor Bans New Offshore Operators After Recent Misconduct Warning

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, World Casino News, Casinos of the Philippines, Gaming Industry News, Licenses, Asian Casino News, Online Gambling News, Crime, Fines, Lawsuits & Litigation, Financial Fraud, Philippines
Following the recent gaming license, and provisional accreditation cancellations of offshore gaming hubs in the Clark Freeport Zone by the Philippine gaming regulator, the Clark Development Corporation (CDC) ha...
l&w

Light & Wonder Inc Grows Presence on Asian Market by Expanding Its Offering to Three Pillars

Vanja Mitic
Casino News, Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Newest casino games, Gaming Industry News, Mobile gaming, The Players Lounge, Online Gambling News, Asian Casino News, Philippines
Light & Wonder Inc, one of the most popular casino gaming content and hardware providers, decided to step up its game and produce content that will be available to the players on all the company’s platforms...
pagcor

PAGCOR Keeps Fighting Against the Crime, Canceled Sun Valley Clark POGO Hub’s Accreditation

Vanja Mitic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Licenses, Crime, Fines, Lawsuits & Litigation, Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) continues to ban offshore gaming clubs in order to establish safety and security in the country. After canceling the gaming license for CGC Technologies ...

PAGCOR Cancels Gaming License of CGC Technologies, Operator Faces Criminal Charges

Radosav Milutinovic
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Licenses, Asian Casino News, Conspiracy, Fines, Lawsuits & Litigation, Financial Fraud, Philippines
As Inside Asian Gaming reports, the Philippine Amusement and Gaming Corporation (PAGCOR) said that it has cancelled the accreditation of CGC Technologies Inc, a Philippine offshore gaming operator (POGO). Accor...

PAGCOR’s Casino Sale To Be Extra Difficult As Local Players Move To Entertainment City And Clark; Local Demand As Main Driver Of Philippine Gaming Industry

Marija Malenovic
Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines
Philippines gaming regulator PAGCOR's move to officially sell its casinos is predicted to be hampered by the growing number of domestic players moving from PAGCOR casinos to integrated resorts in Manila and Cla...

Philippine Gaming Revenues Hit US$1.24 billion in Q1 2023

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, Casino Destinations, World Casino News, Casino project updates, Casinos of the Philippines, Gaming Industry News, Asian Casino News, Philippines, Financial Press Releases
Inside Asian Gaming reports that the gross gaming revenues of the Philippine gambling industry soared to Php68.9 billion (US$1.24 billion) in the first quarter of 2023. The strong growth was reportedly driven b...
ph group

PH Resorts Group Continues Negotiations with Investors for IR Project in Cebu

Vanja Mitic
Casino Destinations, Casino News, Latest Casino and Gambling News, New Hotels, Casino project updates, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Financial Press Releases, Philippines
Udenna Group’s subsidiary for the gaming and hospitality industry, PH Resorts Group, is planning to continue the development of its new integrated resort project, which will be situated in Cebu. Negotiations...

Aristocrat Opens First Dedicated Gaming Showroom in Manila

Radosav Milutinovic
Casino Destinations, Latest Casino and Gambling News, Australia, Casino News, Casino expansion projects, World Casino News, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Conferences / Trade Shows, Online Gambling News, Asian Casino News, Oceania Casino News, Philippines
Australian gaming machines and iGaming innovator, Aristocrat Leisure Ltd, reportedly opened “the first dedicated gaming showroom” in the Philippines. As GGRAsia reports, the gaming facility is part of Aristocra...

Pagcor Doubled Net Income in Q1 on 50% Revenue Growth

Radosav Milutinovic
Casino Destinations, Casino News, World Casino News, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Asian Casino News, Financial Press Releases, Philippines
The Philippine Amusement and Gaming Corporation, PAGCOR, the Philippine gaming regulator, reported that its net income for the first quarter of 2023 amounted to approximately PHP1.34 billion (US$24.0 million). ...
pagcor

Pagcor’s Fight Against Illegal Betting in the Philippines

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gaming software, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Unlicensed Operation, Online Gambling News, Crime, Philippines
The illegal gambling scene is expanding in the Philippines. The authorities are fighting against that with all possible weapons, and the last was a warning that was issued by the Philippine gaming regulator.  ...