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OP/ED: Loan sharks operating in casinos beware

The Committee on Games and Amusements of the House of Representatives, chaired by Rep. Gus S. Tambunting of the Second District of Parañaque City, has created a technical working group (TWG) intended to criminalize nefarious credit and loan activities in the country’s casinos.

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Philippines Gaming

9/16/2019

article Casino operator initiates hunt for new NayonLanding site
(Philippines) -- In the Philippines and Landing International Development Limited has reportedly announced that it has initiated a search in hopes of finding a new plot...
article Philippines Offshore Gaming Operators Face Shutdown Unless Appropriate Taxes Paid
(Philippines) -- Philippines Offshore Gaming Operators (POGOs) that are found in violation of paying the federal government their appropriate share of gaming revenue...
article Philippines to crack down on tax-dodging POGOs
(Philippines) -- Philippine Finance Secretary Carlos Dominguez III has ordered the country’s Bureau of Internal Revenue (BIR) to shut down the operations of...

9/14/2019

article Philippines Not Satisfied With Lower Tax Take From Online Gaming
(Philippines) -- Philippines Finance Secretary Carlos Dominguez wants the main tax agency to shut down and file cases against online gaming operators that haven’t...

9/13/2019

article Philippines arrests 277 Chinese accused of investment scam
(Philippines) -- Philippine immigration agents have arrested 277 Chinese in a raid against an online investment scam syndicate that defrauded hundreds of people,...

9/12/2019

article 181 Chinese nationals released
(Philippines) -- The 181 Chinese nationals who were arrested for alleged illegal online gambling operations were freed on Thursday, Sept. 12, 2019 after the Lapu-Lapu...

9/8/2019

article Manila must play its cards right with Chinese offshore gambling, given Beijing’s warnings
(China) -- While China clamps down on cross-border gambling, countries in Southeast Asia are looking to corner more offshore gaming capital. Online gambling is illegal...

9/7/2019

article Philippines President rejects Chinese request to ban all online gambling
(Philippines) -- In the Philippines, President Rodrigo Duterte (pictured) has reportedly rejected a request from authorities in China to ban all online gambling over...

9/5/2019

article Duterte rejects China's call to ban Philippine online gambling
(Philippines) -- Philippine President Rodrigo Duterte said on Wednesday that while he was not a fan of online gambling he was not willing to ban the business, as China...

9/4/2019

article Duterte rejects China's call for Philippines to ban online gambling
(Philippines) -- Philippines President Rodrigo Duterte said on Wednesday that while he was not a fan of online gambling he was unwilling to ban the business, as China...

8/31/2019

article Duterte Meets Xi, Discusses China Call For Banning Philippine Online Gambling
(Philippines) -- A recent diplomatic spat over online gambling was on the agenda when Philippine President Rodrigo Duterte met his Chinese counterpart, Xi Jinping, in...

8/30/2019

article Philippines diplomat: China can’t force an end to POGOs
(Philippines) -- The Philippines’ diplomat for China is either the one clear eyed person in the country’s ongoing disputes with China, or he totally missed a memo....

8/29/2019

article Pagcor eyes regulating casino financiers
(Philippines) -- THE Philippine Amusement and Gaming Corp. (Pagcor) plans to place casino financiers under its supervision to ensure the safety of the gaming public...

8/28/2019

article Pagcor to target casino loan sharks in bid to end kidnappings
(Philippines) -- The country’s gaming regulator has announced a plan to regulate casino financiers believed to be behind a spate of kidnappings of gamblers unable...
article Philippine spy scare turns on Chinese-run casinos
(Philippines) -- When Philippine authorities announced a moratorium on the issuance of new gaming licenses, the move had more in mind than curbing a recent proliferation...

8/27/2019

article Philippines to study economic impact of halting online gambling
(Philippines) -- The Philippines’ anti-money laundering body is studying the scope of the country’s online gambling industry to determine the impact on the...

8/26/2019

article Cam recommends transfer of STL operations to Pagcor
(Philippines) -- Philippine Charity Sweepstakes Office (PCSO) board member Sandra Cam believes that corruption in the Small Town Lottery (STL) in the country has not...
article Dirty money watchdog tweaks rules to cover casinos
(Philippines) -- The Anti-Money Laundering Commission (AMLC) has tweaked rules on administrative cases to cover casinos — including their officers, directors and...
article POGOs Don’t Offer Gambling to China: PAGCOR Responds to Beijing Threat
(Philippines) -- None of the Philippines’ licensed online gaming operators (POGOs) are Chinese-owned companies, nor do they target gamblers within China. At least...

8/24/2019

article Megaworld Says Online Casino Exposure to Stay Small, Manageable
(Philippines) -- Megaworld Corp., the largest Philippine office landlord, says China’s ban on Manila-based online casinos servicing gamblers in the mainland will...

8/23/2019

article PAGCOR plays down igaming industry impact on China
(Philippines) -- A senior figure at the Philippine Amusement and Gaming Corporation (PAGCOR) has played down the impact of the country’s online gambling industry...

8/22/2019

article China urges Philippines: Ban all online gambling
(Philippines) -- The Chinese Foreign Ministry said offshore gaming is “the most dangerous tumor in modern society.” “We have also taken note of the...

8/21/2019

article China urges Philippines to stop ‘all online gambling’
(Philippines) -- Chinese authorities are urging the Philippines to ban “all online gambling” generated via the Southeast Asian country. Beijing in addition...
article Pagcor revenue from Pogo seen hitting P8B in 2019
(Philippines) -- Despite the controversy surrounding the industry, the government still expects to see increased revenues from the online gaming industry—resources...

8/20/2019

article Philippines gambling regulator stops accepting iGaming license applications
(Philippines) -- The head of the nation’s gambling regulator in the Philippines has reportedly announced that the authority has stopped accepting license...
article Philippines puts brakes on award of offshore licences
(Philippines) -- The Philippine Amusement and Gaming Corporation (PAGCOR) has halted the award of licences to offshore operators until at least the end of 2019 due to...

8/18/2019

article Defense chief hits Chinese envoy's 'preposterous' remark on OFWs spying
(Philippines) -- Defense Secretary Delfin Lorenzana on Sunday dubbed as "preposterous" a remark by China's envoy, who raised the possibility of overseas...
article POGOs for espionage? China can spy on Philippines even from afar, says Duterte
(Philippines) -- China can spy on the Philippines even from afar, President Rodrigo Duterte was quoted as saying by his spokesperson on Monday, after his defense...

8/17/2019

article Philippine National Police reveals at least 52 kidnappings linked to casinos since 2017
(Philippines) -- The Philippine National Police has recorded “at least” 52 cases of casino-linked kidnappings since 2017, according to new figures released...
article Pros, cons of POGO growth in the eyes of Filipino-Chinese entrepreneurs
(Philippines) -- Members of the Filipino-Chinese business community have different views on the expanding offshore gaming operations in the country, which boost the...

8/11/2019

article China crackdown on Philippine casinos to hit property shares
(Philippines) -- China urged the Philippines to stop its casinos from hiring Chinese citizens as part of a wider crackdown on cross-border gambling and illegal funds...

8/10/2019

article Despite Duterte's green light, PNP says no to 'video karera,' receiving gifts
(Philippines) -- The Philippine National Police (PNP) is not keen on allowing cops to engage in video karera operations or accept gifts from the public, even as...

8/8/2019

article Self-contained POGO hubs aimed at separating Chinese workers from locals: PAGCOR
(Philippines) -- The development of two self-contained gaming hubs set to house the operations of Philippine Offshore Gaming Operators (POGO) is aimed at limiting...
article Strong mass volume and VIP hold at Solaire boost Bloomberry revenue, profit in 2Q19
(Philippines) -- Bloomberry Resorts Corporation continues to break its own records, with Consolidated EBITDA hitting a new high of Php5.0 billion (US$96 million) in 2Q19...
article Amid embassy letter that online casinos illegal in China, PH building hubs for Chinese gambling
(Philippines) -- The Philippines’ gaming regulator on Thursday (Aug 8) sought to give assurances that online casino hubs, or those designed for Philippine offshore...
article China fires warning shot at Philippine online gambling sites
(Philippines) -- China has expressed concern with Philippine gambling operators posing a threat to both Chinese citizens and the Chinese government’s efforts to...
article China: ‘Pogo hubs’ might violate rights of Sino workers
(Philippines) -- The Chinese Embassy in Manila on Thursday expressed “grave concern” that a plan by the Philippine casino regulator to move thousands of...

8/7/2019

article China targets PH in offshore gambling crackdown
(Philippines) -- China is stepping up a crackdown on gambling activity by its citizens offshore, threatening what has become a lucrative industry for gaming operators in...
article Philippines official declares illegal gambling over after STL shutdown
(Philippines) -- Small Town Lotteries (STL) have only been shut down for a couple of weeks, but according to one government official, a miracle has happened. Since...

7/29/2019

article Duterte shuts down Philippines lottery operations
(Philippines) -- Philippine President Rodrigo Duterte has shut down the government-owned Philippine Charity Sweepstakes Office (PCSO) and all lotteries it operates due...
article Pacific Online says operators still in dark as government confirms 21,000 Philippines lottery outlets closed
(Philippines) -- Philippines lottery system provider Pacific Online Systems Corporation, a subsidiary of Melco Resorts’ local partner Belle Corp, says it is still...

7/28/2019

article Bacolod police shut down 77 lotto, gaming outlets
(Philippines) -- A TOTAL of 77 outlets of Small Town Lottery (STL), lotto, Peryahan ng Bayan, and Keno that were operating under the Philippine Charity Sweepstakes...
article Duterte stops all PCSO gaming activities including lotto, STL
(Philippines) -- President Rodrigo Duterte has ordered all gaming activities of the Philippine Charity Sweepstakes Office (PCSO), including lotto, stopped due to alleged...
article ‘STL fronts of jueteng earn P73 billion annually’
(Philippines) -- Senators backed yesterday the shutdown of gaming operations of the Philippine Charity Sweepstakes Office, saying gambling lords and corrupt officials...

7/27/2019

article PCSO to appeal suspension of gaming operations
(Philippines) -- The Philippine Charity Sweepstakes Office (PCSO) is complying with the directive of President Duterte to suspend the agency’s gaming activities,...

7/26/2019

article Duterte stops all PCSO gaming activities including lotto, STL
(Philippines) -- President Rodrigo Duterte has ordered all gaming activities of the Philippine Charity Sweepstakes Office (PCSO), including lotto, stopped due to alleged...
article Duterte stops Lotto, all PCSO-licensed games
(Philippines) -- President Rodrigo Duterte ordered the immediate halt to all gaming operations, licenses and franchises of the Philippine Charity Sweepstakes Office (...

7/24/2019

article Frontier Capital Group to recommence Clark casino operations this weekend
(Philippines) -- Australian-listed Frontier Capital Group (FCG) says it will recommence casino operations at the former Casablanca Casino in the Philippines’ Clark...
article PAGCOR Refuses to Shut Down Casino Filipino Manila Bay, Rejects Audit Claims
(Philippines) -- The Philippine Amusement and Gaming Corporation (PAGCOR) Monday — dismissed a national auditor’s recommendation — that its Casino...

7/23/2019

article New cruise port near Manila casino to open within 2 years
(Philippines) -- The Solaire Resort and Casino in the Philippines could get a slight boost in traffic within the next couple of years. The Manila-based venue is close to...
article Pagcor debunks COA report on Casino Filipino Manila Bay
(Philippines) -- The Philippine Amusement and Gaming Corp. rejected the claim of the Commission on Audit that its Casino Filipino Manila Bay branch lost P2.11-billion...
article PAGCOR disputes audit report on P2 billion casino losses
(Philippines) -- The Philippine Amusement and Gaming Corporation (PAGCOR) is disputing an audit report saying a casino that it operates has lost over P2 billion in the...
article Pagcor says Casino Filipino in Manila Bay can’t cease operations
(Philippines) -- The Philippine Amusement and Gaming Corporation (Pagcor) on Tuesday said the Casino Filipino (CF) Manila Bay branch cannot cease its operations after...

7/22/2019

article Chinese Tourists Cruising into Manila, Philippines Gaming Venues
(Philippines) -- Cruising to Philippines resort casinos likely will be more of a breeze once Solaire Cruise Center — a two-berth pier for cruise ships — is...
article Losses mounting at Manila branch of PAGCOR’s Casino Filipino
(Philippines) -- The Philippines’ Commission on Audit (COA) has asked gaming regulator PAGCOR to consider shutting down the Manila Bay branch of its Casino...

7/19/2019

article Loan sharks feed off Philippine casino boom
(Philippines) -- A gaming boom in the Philippines is attracting hordes of Chinese nationals to Manila's swankiest casinos, but hot on their heels are gangs that lure...

7/17/2019

article Kidnappers, fake cops plague Philippine gambling sector
(Philippines) -- For the Philippine-based gambling sector, the National Bureau of Investigation (NBI) wears both white and black hats, although you may want to ask the...

7/15/2019

article Okada Manila sees huge gains in first half of 2019
(Philippines) -- Okada Manila in the Philippines has gotten off to a good start this year. The casino’s gross gaming revenue (GGR) for the first six months has...
article Philippines regulator establishing pair of iGaming hubs
(Philippines) -- The head for the Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly announced that her organization is to encourage all of...

7/14/2019

article Influx Of Online Casinos Helped This Philippine Tycoon Become The Country's Newest Big Landlord
(Philippines) -- Edgar Sia II made his fortune a decade ago feeding the Philippines’ appetite for chicken. Now he stands to make an even larger one feeding China...
article Philippine online casinos ‘legal and here to stay’
(Philippines) -- Online casino centers are under construction north and south of the Philippine capital to cash in on the booming gaming sector, the nation’s...

7/12/2019

article Burgeoning Philippines Online Gambling Industry to Be Moved Into ‘Hubs’ to Help Ease Social Tensions
(Philippines) -- The Philippines’ “POGO boom” continues to know no bounds, as Bloomberg reports two online gaming hubs are under construction in to...
article Philippines planning to set up hubs for online casinos
(Philippines) -- Online casino centers are under construction north and south of the Philippine capital to cash in on the booming gaming sector, Philippine Amusement and...

7/10/2019

article Hotel and casino in Lapu-Lapu gets BOI nod
(Philippines) -- A hotel and casino project in Lapu-Lapu City and 13 other projects in Central Visayas with a combined estimated cost of P49.2 billion were granted...

7/8/2019

article After tax deal on online casino workers, crackdown on illegal operators looms
(Philippines) -- Firms legally engaged in the booming Philippine offshore gaming operations (POGO) will help the government crack down on fly-by-night operations that...
article D'Heights Casino has a soft opening in Clark
(Philippines) -- The sixth casino in the Clark Freeport Zone of Pampanga province, Philippines, is now open after it was formally inaugurated on Wednesday. Dong Huang...
article Megawide decides against Cebu casino
(Philippines) -- A casino once planned for Cebu in the Philippines is no more. Megawide Construction Corp. had discussed putting up a gambling house next to the Mactan-...

7/7/2019

article Megawide drops casino from Philippine airport project plans
(Philippines) -- Property developer Megawide Construction Corp is abandoning its ambition to put a casino near the international airport serving the central Philippine...
article The Best Luxury Hotels in Manila
(Philippines) -- Arriving in Manila can be a shock to the system. “Is the traffic really this bad?” I often get asked from a first-time visitor. The answer,...

7/2/2019

article Philippine landlords win in Chinese gaming boom
(Philippines) -- Tessie, her husband and their adult son have vacated their home of 37 years in a Manila suburb to make way for some unfamiliar tenants: 20 Chinese...

7/1/2019

article China has a new casino: the Philippines
(Philippines) -- Gambling is illegal in China, but that didn’t prevent Fan Zheng from betting tens of thousands of dollars online. The 30-year-old store clerk from...

6/30/2019

article Int Ent Corp terminates mgmt deal for Manila casino-hotel
(Philippines) -- Hong Kong-listed International Entertainment Corp plans to terminate an existing hotel management agreement and sales and marketing agreement covering...

6/27/2019

article Resorts World Manila to double casino capacity to cater to Philippine tourism boom
(Philippines) -- A year after taking over from his father as chief executive officer, Alliance Global Group’s Kevin Tan says tourism and consumer spending in the...

6/26/2019

article Philippines Casino to Double Capacity as Tourism Climbs
(Philippines) -- A year after taking over from his father as chief executive officer, Alliance Global Group Inc.’s Kevin Tan says tourism and consumer spending in...

6/17/2019

article PAGCOR Could Lose Some Authority Depending on Decision by Philippine Supreme Court
(Philippines) -- A gaming ordinance enacted by Quezon City, Philippines is under review by the nation’s Supreme Court and may have far-reaching impact on the...

6/16/2019

article Legal battle over Quezon City gambling ordinance could threaten PAGCOR authority
(Philippines) -- The Vice-Mayor of Quezon City, Maria Josefina “Joy” Belmonte, has warned that Philippines gaming regulator PAGCOR could lose its authority...
article Quezon mayor-elect vows to push for gambling ordinance
(Philippines) -- Quezon City mayor-elect Joy Belmonte said the ordinance that will regulate casino operators and require residents to pay an entry fee to any gaming...
article Special Report : Inside a Philippine offshore gaming company
(Philippines) -- On the fourth floor of an offshore gaming firm somewhere in Paranaque City, a sprawling cafeteria serves a variety of Chinese food. At mealtime,...

6/12/2019

article Quezon City votes to bring entry fees to proposed integrated casino resort
(Philippines) -- Civic leaders for Quezon City in the Philippines have reportedly passed a controversial ordinance that would set out some of the regulatory standards...

6/11/2019

article Quezon City set for PAGCOR showdown after Council approves gaming ordinance
(Philippines) -- Quezon City Council looks set for a showdown with national gaming regulator PAGCOR after revealing it has now officially approved an ordinance aimed at...

6/10/2019

article QC Council approves ordinance seeking to regulate gambling
(Philippines) -- THE Quezon City (QC) Council recently approved an ordinance seeking to regulate gaming firms operating within the city, which includes the collection of...

6/9/2019

article QC council approves gambling regulatory ordinance
(Philippines) -- The Quezon City Council has passed the “Quezon City Gambling Regulatory Ordinance’’ that would prevent addiction to the betting vice....

6/8/2019

article Beware of ‘casino lenders-kidnappers’, NBI warns gamblers
(Philippines) -- The National Bureau of Investigation (NBI) on Friday warned the public against individuals preying on tourists in local casinos by lending them gambling...

6/3/2019

article Philippines eBingo operator Palmary buys PhilWeb stake, signs cooperation agreement
(Philippines) -- Electronic bingo operators PhilWeb Corporation and Palmary Corporation have signed a Cooperation Agreement to jointly develop their eBingo businesses.

5/26/2019

article PH Resorts Group considering funding options for Philippines casino resorts
(Philippines) -- Philippines casino developer PH Resorts Group Holdings Inc says it remains undecided on how it will fund two planned casino resorts in Cebu and the...

5/23/2019

article PH Resorts seeks $600-million loan to finance Mactan
(Philippines) -- PH Resorts Group Holdings Inc., the gaming and tourism holding company of businessman Dennis Uy, plans to close a $600-million funding deal for its...

5/19/2019

article Filinvest Group allots $200 M for Clark Casino
(Philippines) -- Gotianun-led Filinvest Group is pouring in more than $200 million for its first ever integrated casino resort in Clark. Under FHC subsidiary Mimosa...

5/14/2019

article Philippines casino industry growing faster than Macau, Nevada
(Philippines) -- If you’re looking for a growing casino industry, it doesn’t look like you can do much better than the Philippines. Praveen Choudhary,...
article Philippines casino market predicted to outpace competition
(Philippines) -- New research from financial services firm Morgan Stanley Asia Limited has reportedly determined that the casino market in the Philippines is ‘...

5/13/2019

article Philippines president suddenly softens stance on gambling
(Philippines) -- The gambling industry of the Philippines might finally be getting the big break it was waiting for, and a lot sooner than it expected. After years of...

5/12/2019

article Duterte won’t ‘meddle with gambling anymore’
(Philippines) -- President Rodrigo Duterte has apparently given up on his campaign against gambling, on Saturday saying he was “lacking” and could only urge...

4/29/2019

article Universal says opening new Okada Manila hotel rooms now “highest priority”
(Philippines) -- The board of Japan’s Universal Entertainment Corp says that adding more guest rooms “is the highest priority” for its Philippines...

4/23/2019

article Philippines could get more CoD casinos: Premium Leisure
(Philippines) -- A proposal to open more casino properties in the Philippines under the moniker ‘City of Dreams’ is under consideration. That is according to...

4/15/2019

article Okada Manila continues GGR growth in March
(Philippines) -- Growth is becoming routine for Okada Manila. Universal Entertainment Corp, the operator of the Manila area casino, has announced preliminary numbers for...

4/12/2019

article Summer start for construction on Quezon City integrated casino resort
(Philippines) -- In the Philippines, Bloomberry Resorts Corporation could reportedly begin work to bring a new integrated casino resort to the under-construction Ayala...

4/1/2019

article Lower VIP volume sees revenue fall for City of Dreams Manila in 2018
(Philippines) -- Lower VIP rolling chip volume has seen City of Dreams Manila record a 5.6% decline in gaming revenue to US$612.9 million for the year ended 31 December...

3/25/2019

article PAGCOR Says iGaming Revenues Increase Due To Enforcement
(Philippines) -- The Philippine Amusement and Gaming Corporation (Pagcor) which is the chief gaming regulator in the Philippines recently reported that iGaming revenues...

3/22/2019

article PAGCOR implies hypocrisy in Quezon City casino fight
(Philippines) -- Despite pressure from the Philippine Amusement and Gaming Corporation (PAGCOR), Quezon City Vice Mayor Joy Belmonte has not backed down from her city...
article Pagcor online revenue leaps due to enforcement: Domingo
(Philippines) -- The Philippine Amusement and Gaming Corp (Pagcor) had seen a huge jump in its revenues coming from Philippine offshore gaming operators (POGOs) since...
article Plunder, malversation raps filed vs. former Pagcor chairman
(Philippines) -- Plunder and malversation raps have been filed before the Office of the Ombudsman against former Philippine Amusement and Gaming Corporation (Pagcor)...
article POGO scheme cuts number of legal Philippines online providers to “under 200”: Domingo
(Philippines) -- Philippines gaming regulator PAGCOR says it has cut the number of platform providers offering services to online gaming operators to “a little...

3/21/2019

article PAGCOR seeing big returns from unlicensed online gambling crackdown
(Philippines) -- The Philippines Amusement and Gaming Corp (PAGCOR) is pretty happy with the effort they’ve put into regulating and cracking down on internationally-...
article Pagcor insists Quezon cannot impose entry fee on casinos
(Philippines) -- The gaming regulator in the Philippines has again stressed local authorities in Quezon City cannot impose an entry fee on casinos there. “As Quezon City...

3/19/2019

article Virtual Casinos Deliver a Tricky Jackpot to the Philippines
(Philippines) -- In casino halls packed into this city’s premium high-rise office towers, young, skimpily dressed croupiers deal cards and flash winning smiles for...

3/18/2019

article Imprisoned Philippine Senator Speaks Out Against Chinese Casino Kidnappings
(Philippines) -- The Philippine casino sector is thriving and so is Chinese tourism — facilitated by closer relations between the two countries, fostered by...

3/16/2019

article Pagcor eyes case vs QC over gaming ordinance
(Philippines) -- The Philippine Amusement and Gaming Corporation (Pagcor) is considering filing a case to stop the Quezon City government from implementing an ordinance...

3/14/2019

article PAGCOR responds to Quezon City official’s tough casino talk
(Philippines) -- Quezon City candidate for mayor and current Vice Mayor Joy Belmonte has made her stance on a casino in her city a bit confusing. First she was for it,...

3/11/2019

article Group raises alarm vs casino-related kidnappings
(Philippines) -- An anti-crime watchdog yesterday expressed alarm over what it perceived as a rising number of kidnapping incidents perpetrated by loan shark syndicates...
article Quezon City casino ordinance strings include locals fee
(Philippines) -- The city council of Quezon City in the Philippines has passed a regulatory ordinance that would allow Bloomberry Resorts Corp to develop its proposed...

3/8/2019

article Quezon City considering Bloomberry Resorts Corporation application
(Philippines) -- In the Philippines, civic leaders in Quezon City are reportedly still discussing the merits of an application from Bloomberry Resorts Corporation that...
article Quezon City Unveils Plans for Gambling Regulatory Ordinance Despite 2018 Moratorium on New Casino Projects
(Philippines) -- Joy Belmonte, the Vice Mayor of Quezon City, revealed that the local legislature is to pass a gambling regulatory ordinance. The announcement comes at a...

3/7/2019

article Quezon City to pass gambling regulatory ordinance
(Philippines) -- Quezon City Vice Mayor Joy Belmonte revealed that they will pass a gambling regulatory ordinance amid the planned establishment of a casino in the city.

2/28/2019

article Bloomberry Resorts Named in US Civil Legal Action Regarding Alleged Role in $81M Bangladesh Bank Heist
(Philippines) -- Bloomberry Resorts, the parent company to the Solaire Resort and Casino in Manila, Philippines, has been named in a civil legal action filed in the...

2/26/2019

article Galaxy Entertainment Not Folding on Boracay Casino Despite Philippines President Rodrigo Duterte Order
(Philippines) -- Galaxy Entertainment Vice Chairman Francis Lui says the Hong Kong company isn’t ready to concede its plans to build a casino resort on the...

2/24/2019

article Philippines Won’t Change Its Anti-Casino Policy
(Philippines) -- Andrea Domingo, the head of the Philippine Amusement and Gaming Corp (PAGCOR), has long hoped for the president of the Philippines to relax his position...
article President of the Philippines Refuses to Budge on Anti-Casino Policy
(Philippines) -- According to a news report, President Rodrigo Duterte is refusing to budge on the country’s anti-gambling policy, which has led to Andrea Domingo...

2/19/2019

article Philippines arrests 276 foreigners in online gambling raid
(Philippines) -- The Philippines crackdown on illegal immigrants working in online gambling continues. On February 19, the Bureau of Immigration (BI) raided a Makati...
article Duterte yet to meet Domingo over casino moratorium, mind unchanged
(Philippines) -- President Rodrigo Duterte has not yet changed his position on the moratorium against new casino licenses, according to a presidential spokesperson on...
article Philippines not expected to change anti-casino policy anytime soon
(Philippines) -- The head of the Philippine Amusement and Gaming Corp (PAGCOR), Andrea Domingo, may want the country’s president to relax his position on gambling...
article Philippines casino GGR up 23pct in full 2018: Pagcor
(Philippines) -- The Philippine casino industry reported gross gaming revenue (GGR) of PHP187.54 billion (US$3.58 billion) in full calendar year 2018, up by 22.9 percent...

2/17/2019

article Philippines Tax Agency Sets Sights on Online Casinos for Chinese
(Philippines) -- The Philippines’ tax agency is setting its sights on more than 50 companies operating online casinos catering to Chinese punters, and their...
article Philippines’ taxman, Pagcor target POGO operations
(Philippines) -- The Philippines’ Bureau of Internal Revenue has asked for cooperation from the country’s gaming regulator regarding a requirement that...

2/14/2019

article Two more casinos for the Philippines?
(Philippines) -- The Philippines could be in line for the construction of two more casinos. PH Resorts Group Holdings, previously known as Philippine H20 Ventures and a...

2/11/2019

article No gambling for gov’t officials reiterated
(Philippines) -- The no gambling policy for government employees through the Department of the Interior and Local Government (DILG) Memorandum Circular 2017-20 was...
article Okada Manila sees huge GGR growth for January
(Philippines) -- Despite plenty of bad press around the Okada name, Okada Manila keeps chugging along. Monday brings some undeniably good news for the Philippines casino...
article Bloomberry gets loan for new Philippines casino
(Philippines) -- Bloomberry Resorts has signed an accord for a 10-year loan of US$767m to finance the construction of an integrated resort in Quezon City, Philippines.

2/8/2019

article Okada Manila says name change now under review
(Philippines) -- The promoters of the Okada Manila casino resort property (pictured) are now actively considering “changing its brand name” according to a...

2/2/2019

article Philippines State-Owned Casinos Win $1.3B in 2018, Profits Soar on Solaire Land Sale
(Philippines) -- Philippines state-owned casinos won $1.3 billion last year, a more than 18 percent increase on 2017. The Philippine Gaming and Amusement Corporation (...

1/31/2019

article PAGCOR boss wants Duterte to relax about the gambling already
(Philippines) -- The Philippines could stand to profit from more gambling, but is being held back by one man. That’s the picture Andrea Domingo, head of the...
article Pagcor head urges her boss Duterte to ease casino ban
(Philippines) -- A declared January 2018 moratorium on new casinos in the Philippines should be lifted so that the country can benefit from a “sunrise” industry, Andrea...
article Philippines Regulator PAGCOR Pleads with Duterte to Ease Casino Licensing Ban
(Philippines) -- PAGCOR, the Philippines gaming regulator, is trying to convince the nation’s controversial president to ease up on a one-year-old ban preventing...

1/30/2019

article PAGCOR boss to request easing of Presidential ban on new Philippines casino licenses
(Philippines) -- The head of Philippines gaming regulator PAGCOR, Andrea Domingo, will ask President Rodrigo Duterte to ease a ban on the issuance of new casino licenses...

1/22/2019

article Messy Manila casino deal is worth the gamble
(Philippines) -- Some four decades after hosting a renowned heavyweight fight, Manila is the scene of another. This one is taking place on the Philippine Stock Exchange...

1/21/2019

article DOJ backs dismissal of charges against Kazuo Okada in Okada Manila LED lights fraud case
(Philippines) -- The Philippine Department of Justice (DOJ) has backed the previous dismissal by the City Prosecutor’s Office of Parañaque of estafa charges...
article Philippines Boracay Island: No Casinos, No Sandcastles
(Philippines) -- Philippines President Rodrigo Duterte closed Boracay for six months last year in order to clean the island and fix its sewage and waste problems. Casino...
article Philippines sees record gambling revenue, braces for stiff competition
(Philippines) -- The Philippines is banking on a steady stream of foreign high rollers to drive gambling revenue to a record this year even as it braces for greater...

1/17/2019

article Philippines Gaming Regulator PAGCOR Calls PhilWeb Lawsuit ‘Absurd’
(Philippines) -- Philippines gaming regulator PAGCOR says the lawsuit filed by e-gaming operator PhilWeb that claims the state agency is acting with bias is “...

1/16/2019

article Bangladesh Bank Heist Case Still Wide Open, Says Philippine DOJ
(Philippines) -- Investigators examining the notorious $101 million cyber heist on the Bangladesh Bank said Tuesday that the case is not closed, despite the conviction...

1/11/2019

article Okada Manila posts full-2018 GGR of US$522mln: Universal
(Philippines) -- Japanese gaming company Universal Entertainment Corp says its Okada Manila casino resort (pictured) in the Philippines recorded adjusted segmental...

1/7/2019

article Philippine court orders arrest of Kazuo Okada: reports
(Philippines) -- A court in the Philippines ordered on Friday the arrest of Japanese billionaire entrepreneur Kazuo Okada (pictured) for allegedly misappropriating more...

1/6/2019

article Philippine court orders arrest of Japanese casino mogul Okada
(Philippines) -- A Philippine court has ordered the arrest of Japanese pachinko billionaire Kazuo Okada, about a month after the country’s Department of Justice...

12/31/2018

article Manila casino cancels New Year balloon stunt after criticism
(Philippines) -- A luxury Philippine hotel and casino has called off a world record attempt for releasing tens of thousands of balloons to mark the New Year following...

12/28/2018

article Asian Casino Scandals in 2018: From the Philippines to Saipan, Wrong Kinds of Headlines Make the News
(Philippines) -- Asia and the gaming industry go together like soba noodles and soy sauce. So too, apparently, do Asian casino operators and scandal: there was plenty to...
article Okada asks Philippine DOJ to reconsider fraud charges
(Philippines) -- Lawyers representing Japanese businessman Kazuo Okada have filed a motion for reconsideration with the Philippine Department of Justice (DOJ), asking...

12/27/2018

article Work on new Manila casino early in 2019: Alliance CEO
(Philippines) -- Building work on a long-heralded second Manila casino resort involving Philippine conglomerate Alliance Global Group Inc will begin in early 2019 and be...

12/25/2018

article House panel wants ban on broadcast of cockfights for gambling purposes
(Philippines) -- The House Committee on Games and Amusement has unanimously approved a bill that seeks to prohibit live streaming and broadcasting of cockfighting for...
article Pagcor’s annual revenue to top US$1.8bln: Domingo
(Philippines) -- The head of the Philippine Amusement and Gaming Corp (Pagcor), Andrea Domingo, says the body will end 2018 “with a really good performance...

12/17/2018

article Philippines seeks fraud charges against Japan casino mogul Okada
(Philippines) -- The Philippine Department of Justice (DOJ) has recommended the filing of charges against Japanese pachinko billionaire Kazuo Okada for allegedly...

12/16/2018

article Court junks Okada’s bid to regain control of casino firm
(Philippines) -- Japanese gaming mogul Kazuo Okada has suffered yet another legal setback after a Parañaque City judge jettisoned due to technicality his petition...
article SEC asks Tiger Resort to disclose case involving Japanese gambling magnate
(Philippines) -- THE Securities and Exchange Commission (SEC) has asked Tiger Resorts Asia Ltd., which is seeking to make a backdoor listing, to disclose the case...

12/14/2018

article China holds the cards as online betting booms in the Philippines
(Philippines) -- The promises are irresistible to any young Chinese jobseeker: a work visa in the Philippines, with wages of up to 10,000 yuan (US$1,458) a month in the...

12/12/2018

article Duterte backer steps up casino plans despite anti-gambling rhetoric
(Philippines) -- Filipino tycoon Dennis Uy is pressing ahead with plans to build casinos, despite the risk of clashing with President Rodrigo Duterte, who has vowed to...

12/10/2018

article Okada Manila Raises $600M to Complete Philippines Integrated Casino Resort
(Philippines) -- Okada Manila parent company Universal Entertainment has raised $600 million through the issuance of privately placed debt notes in order to complete the...
article How China’s love of online betting is boosting the Philippine property sector
(Philippines) -- The Chinese passion for betting has become a major driver of the Philippine property market. The country has become a magnet for Chinese online gambling...

12/6/2018

article Philippines GGR gains 23% in Q3
(Philippines) -- Philippine gross gambling revenue gained 23 per cent in Q3, with figures for the year to September already surpassing 2017’s total, according to...

12/5/2018

article Tender offer sees Melco increase stake in Philippines operations
(Philippines) -- Melco International Development subsidiary MCO (Philippines) Investments Limited has significantly increased its stake in its Philippines subsidiary to...

12/3/2018

article Fitch believes Okada Manila could become leading resort
(Philippines) -- Okada Manila is on solid ground. According to a report by Fitch Ratings from last week, the Philippines-based resort “has good potential to...

12/2/2018

article CA upholds Waterfront bid for casino hotel license
(Philippines) -- THE Court of Appeals has affirmed the ruling by trial court directing the Philippine Amusement and Gaming Corp. (Pagcor) to issue a license to...

12/1/2018

article Korean man carrying gambling money in luggage detained at NAIA
(Philippines) -- A Korean citizen was detained at Ninoy Aquino International Airport after about 4 million Hong Kong dollars in gambling earnings was allegedly found in...

11/29/2018

article Melco Resorts Philippines set to redeem remaining notes
(Philippines) -- The Melco Resorts and Entertainment (Philippines) Corp (MRP) is preparing to redeem the remainder of an allocation of corporate secured notes.

11/27/2018

article Senate resolution seeks stiffer money-laundering rules for casinos
(Philippines) -- Senator Leila M. de Lima has filed a resolution seeking to reexamine casino and online gaming regulations to safeguard against the use of gaming...
article Duterte urges caution in targeting illegal Chinese gaming labor
(Philippines) -- Philippine authorities are proving that they’re not kidding in rooting out foreign nationals working illegally for local online gambling...

11/24/2018

article PNP to cops: Going to casino, other gambling facilities violates many laws
(Philippines) -- The Philippine National Police (PNP) on Saturday reminded its 180,000-strong personnel that going to casinos and other gambling facilities violates a...

11/23/2018

article Duterte Threatens to Send Army After Cops Gambling at Okada Manila
(Philippines) -- The Philippine’s strongarm president Rodrigo Duterte has warned police personnel he will send in the army, if he has to, to stop them gambling at...

11/22/2018

article Duterte reiterates he is against gambling on Boracay
(Philippines) -- President Rodrigo Duterte reiterated on Thursday evening that he is not in favor of more casinos and commercial development in Boracay. "In Boracay...

11/18/2018

article Okada upbeat on PH casino prospects
(Philippines) -- Japanese casino mogul Kazuo Okada said he was determined to retire in the Philippines, which he could only do so as a holder of an investors/retirees...

11/11/2018

article Duterte to hotel-casino operators in Boracay: You can’t imagine what I’ll do to you if you defy me
(Philippines) -- President Rodrigo Duterte has issued a stern warning against hotel-casino operators in Boracay who were planning to defy his casino ban on the newly-...

11/9/2018

article Duterte: No need for EO to ban casinos in Boracay
(Philippines) -- CONTRARY to an earlier position taken by the Department of Justice (DoJ), President Rodrigo Duterte on Thursday night said he did not see the need to...

11/5/2018

article Chinese group to build $100M resort and casino project in Cagayan
(Philippines) -- Chinese group Shanghai Jucheng Supply Management will invest $100 million to construct a Jeju Island-inspired integrated resort with casino operations...

10/30/2018

article Villanueva supports anti-casino policy in Boracay
(Philippines) -- “Gambling promotes laziness, which only depends on a game of chance.” This was Sen. Joel Villanueva’s reaction on gambling as he...

10/27/2018

article PAGCOR asked to cancel all gaming franchises, provisional licenses issued in Boracay
(Philippines) -- The Boracay Interagency Task Force (BIATF) has formally requested the Philippine Amusement and Gaming Corp. (PAGCOR) to cancel all gaming franchises and...

10/26/2018

article PAGCOR Q3 net income reaches $700M
(Philippines) -- Net income of tate regulator Philippine Amusement and Gaming Corporation (PAGCOR) has reached PHP37.6 billion ($699 million) in the third quarter of...

10/25/2018

article Duterte new threat to ‘suppress’ Philippine online gambling
(Philippines) -- The Philippines’ online gambling industry could face a new crackdown after President Rodrigo Duterte called for the industry to be “...
article No casinos in Boracay
(Philippines) -- The final word has come down from President Duterte on the issue of casinos in Boracay and it is a big, fat NO. Pressure had been exerted to allow the...

10/24/2018

article Duterte reiterates policy vs new Boracay casinos
(Philippines) -- President Duterte has reiterated his ban on casinos in the country, even ordering the burning of gambling establishments in Boracay, which is set to...
article Duterte wants to 'suppress' online gambling
(Philippines) -- A frustrated President Rodrigo Duterte stressed the need to suppress online gambling, a growing industry in the Philippines, during a speech on...
article Leisure and Resorts World Corp yet to receive confirmation of Boracay gaming license suspension
(Philippines) -- Galaxy Entertainment Group’s Philippines partner, Leisure and Resorts World Corp (LRWC), says it has received no official word from local gaming...

10/23/2018

article Philippine regulator complies with ‘no casinos on Boracay’ order
(Philippines) -- The Philippine gambling regulator says it will comply with a task force request to cancel all casino licenses on the island of Boracay.

10/22/2018

article Melco changes tune on Philippines delisting but tender offer to proceed
(Philippines) -- Melco Resorts & Entertainment (Philippines) Corporation (MRP) has changed its mind on a previously announced decision to delist from the Philippine...
article Casino Filipino-Davao targets tourists in new marketing campaign
(Philippines) -- The Casino Filipino-Davao is aiming to attract more local and foreign tourists with the launch of its new marketing slogan, “Excitement Begins Now...
article PAGCOR asked to cancel all Boracay casino licenses: report
(Philippines) -- Philippines gaming regulator PAGCOR has received an official request from the Boracay Inter-Agency Task Force (BIATF) to cancel the licenses of all...
article Philippine task force to PAGCOR: cancel Boracay casino licenses
(Philippines) -- A government agency created by Philippine President Rodrigo Duterte has asked the country’s gaming regulator to cancel all gaming licenses issued...

10/20/2018

article PAGCOR: no RNG online casino monopoly for Playtech
(Philippines) -- The Philippines’ gambling regulator has clarified that it hasn’t granted any company a monopoly on providing random number generator (RNG)...

10/10/2018

article Studio City sets terms for IPO
(Philippines) -- Studio City International Holdings, the controlling entity of Studio City in Macau has announced terms for its long-awaited Initial Public Offering (IPO...

10/8/2018

article Casino investor makes arrangenments for Philippines deal
(Philippines) -- Almost five years after taking public the company that manages the City of Dreams Manila, a unit of $11 billion U.S.-listed Melco Resorts &...

10/7/2018

article Philippines tells casinos retain client digital records
(Philippines) -- The Anti-Money Laundering Council in the Philippines has announced guidelines that will see casinos made responsible for keeping digital records of...

10/4/2018

article Casino owner stacks deck in Philippines deal
(Singapore) -- Some casino investors may be getting a raw deal in the Philippines. Melco, the Asian gambling empire led by billionaire Lawrence Ho, is trying to buy the...

9/29/2018

article Philippines officials to be investigated over casino graft claims
(Philippines) -- In the Philippines, the Office of the Ombudsman is reportedly set to investigate a pair of councilors for the city of Paranaque over allegations that...

9/28/2018

article PAGCOR boss declares support for “Manila Strip” casino concept
(Philippines) -- PAGCOR Chairman and CEO Andrea Domingo has revealed that she supports the idea of creating a casino cluster, similar to that found along the Las Vegas...

9/27/2018

article Okada prods Manila bourse on pending casino listing
(Philippines) -- Japanese gaming tycoon Kazuo Okada (pictured) has asked the Philippine Stock Exchange to conduct what his side terms a “thorough”...
article Parañaque City councilors face complaint over gambling permits
(Philippines) -- Parañaque City Councilors John Ryan Yllana and Edwin Benzon and two others are facing a graft and breach of conduct complaint before the Office of the...

9/26/2018

article Raps filed vs. Parañaque councilors over rushed permits for casino-resort, two other firms
(Philippines) -- Paranaque City Councilor Brillante Inciong on Thursday sued his colleague actor John Ryan Yllana before the Office of the Ombudsman over the alleged...

9/25/2018

article State-run casinos in the Philippines too ‘profitable’ to sell
(Philippines) -- State regulator Philippine Amusement and Gaming Corporation (PAGCOR) is not looking to sell casinos earlier targeted for privatization just yet, Inside...

9/22/2018

article Philippines employee ban reinforced
(Philippines) -- The Philippines gaming regulator has announced all licensed casino employees are now on the country’s national register of restricted gamblers,...

9/17/2018

article The rise of POGOs: A new landscape in e-casinos and sports betting
(Philippines) -- With the increasing popularity of e-gaming, foreign online casino operators have expressed keen interest in expanding their business in the Philippines...

9/12/2018

article Japan's Universal moves to list Philippine casino, amid crackdown
(Philippines) -- Japan’s Universal Entertainment Corp is taking its Philippines casino operator public through a backdoor listing in Manila, amid an uncertain political...

9/10/2018

article Japan's Universal plans backdoor listing for Philippine casino operator
(Philippines) -- Japan’s Universal Entertainment Corp is taking its Philippines casino operator public through a subsidiary’s purchase of a majority stake in...

9/9/2018

article Japanese gaming tycoon Kazuo Okada sues Tiger Resort, seeks reinstatement of all titles
(Philippines) -- A lawyer representing casino tycoon Kazuo Okada said Sunday his client filed a lawsuit against his former gaming firm, Tiger Resort Leisure and...

9/7/2018

article Widus’ Clark Marriott to open in the Philippines
(Philippines) -- South Korea-based Widus International Leisure Inc. will be opening a new hotel, the Clark Marriott, in Clark Freeport in the Philippines next week,...

9/2/2018

article Senate probe sought in casino deal in Philippines
(Philippines) -- The Government of the Philippines slammed the Nayong Pilipino Foundation (NPF) for publishing an advertisement in two newspapers as an open letter...

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