Business
October 6, 2021
PH Resorts Rethinks CFZ Casino Plans as Philippines Continue to Fight COVID-19
The Clark Freeport Zone (CFZ) in the Philippine province of Pampanga is meant to be a massive hub of commercial activity, an attempt to bring additional income to the area. Casinos are a significant part of it, but one company has decided to take a step back and rethink its CFZ strategy. PH Resorts Group, […]
Industry
September 29, 2021
PAGCOR Plans Six-Figure Grant for Casino Filipino Cities
It’s been a rough couple of years for the Philippines, but things seem to be finally improving. Millions of dollars have been lost because of COVID-19 and the recovery process is going to take several years to complete. The Philippine Amusement and Gaming Corp (PAGCOR) is hoping it can help by giving cities and governments […]
Legal
September 23, 2021
Philippines President Duterte Signs New Controversial Tax Law on POGOs
Philippines President Rodrigo Duterte has just officially signed a new controversial tax scheme into law and it concerns all Philippine offshore gaming operators (POGO). Today, Malacañang Palace announced that Duterte has enacted the Republic Act 11590 as a part of the efforts of the nation to boost its revenue, which the nation sees as one […]
Casino
September 20, 2021
James Patrick Bondoc Succeeds Late PAGCOR Board Member
PAGCOR appoints James Bondoc as a board member, as the organization presides over a strong growth of iGaming revenue in the Philippines. New Appointment at Helm of PAGCOR’s Social Responsibility Group The Philippine Amusement and Gaming Corporation (PAGCOR) has appointed James Patrick Bondoc to its board of directors. Bondoc previously served as the company’s Corporate […]
Industry
September 8, 2021
Metro Manila to Stay On Lockdown, Inhibiting Gaming Recovery
The Philippines had a brief respite from the COVID-19 pandemic recently, but it didn’t last very long. With new issues emerging, existing health restrictions that should have been lifted by now are going to remain in place a little longer. Metro Manila is the hardest hit, and will stay on “modified enhanced community quarantine” until […]
Industry
September 6, 2021
PAGCOR Shorted Almost $28 Million in POGO-based Fees and Dues
The Philippines has had a lot of difficulty due to the COVID-19 pandemic and hasn’t, until very recently, started to see limited signs of recovery. This has taken a toll on the country’s gaming industry, which also affects the amount of money the Philippines has to work with. The Philippine Amusement and Gaming Corp. (PAGCOR), […]
Casino
September 3, 2021
Casinos in Boracay Could Come Sooner than Expected
Just days after a moratorium on new casino construction in the Philippines was lifted, two projects are possibly in the works. One is a resort that was forced to stall due to COVID-19 and the moratorium, while the other is a new property. Expected launch dates haven’t been revealed; however, with the idea that they […]
Industry
August 30, 2021
New Casino for the Philippines Confirmed After Moratorium Lifted
The COVID-19 has caused economic hardships on every level and it doesn’t look like things are ready to get back to normal yet. The Delta variant is continuing to cause issues, but the pandemic has also helped open the doors to new gambling opportunities that perhaps would have never been explored before. The Philippines, previously […]
Blockchain
August 25, 2021
The Philippines Wants to Tax Blockchain Games Player Income
Axie Infinity’s continuous success has prompted Philippine authorities to ask if players must pay income tax on their earnings in the game. Axie Infinity Player Revenue Soars as Income Tax Questions Mount As the play-to-earn model has come to salience around the world, blockchain-powered games such as Axie Infinity have been able to capitalize on the demand […]
Sports
August 24, 2021
EvenBet Gaming Adds Asian Sportsbook Giant SBOBET to Portfolio
EvenBet has announced a new partnership with the Philippines-based top sportsbook platform, SBOBET. EvenBet Gaming Goes Strong in Asia EvenBet Gaming has increased its presence in the Asian gaming market after securing an agreement with SBOBET sportsbook to include it into its gaming platform. SBOBET is a Philippines-based sportsbook platform and a top leading player in the Asian industry. The deal will offer a […]