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Philippines

PAGCOR initiates legal action over €33 million of unpaid license fees

State-owned gaming regulator Philippine Amusement and Gaming Corporation (PAGCOR) has confirmed that it is taking legal action against 33 of its offshore gaming licensees.

PAGCOR said [...]

2 mins read
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Philippines Q2 2023 gaming revenue rises by 28%

Gaming revenue in the Philippines increased by 28 per cent to PHP67.44 billion (€1.09 billion) in Q2 2023, according to data published by the country’s [...]

1 min read

PAGCOR introduces new offshore gaming regulatory framework

State-owned gaming regulator Philippine Amusement and Gaming Corporation (PAGCOR) is introducing a new regulatory framework for offshore gaming licensees.

The move comes as part of the [...]

2 mins read

PAGCOR targets further revenue growth with new online casino

The Philippine Amusement and Gaming Corporation (PAGCOR) has unveiled plans to launch its own online casino operations next year, as the state-owned gambling regulator reported [...]

1 min read

Novomatic partners Tecnet in Philippines

Austrian gaming giant Novomatic is looking to expand its presence in the Philippines after signing an agreement for Tecnet Asia to become an official distributor [...]

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Philippines gaming revenue hits new record in Q1

Gaming revenue in the Philippines surged by 76 per cent to PHP68.9 billion (€1.13 billion) in the first three months of 2023 to set a [...]

1 min read

Continent 8 targets Asian expansion with latest appointments

Global network solutions provider Continent 8 Technologies is expanding its team in Asia with two new appointments.

Lalaine Vidal joins as business development manager and Christopher [...]

4 mins read
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Philippines gambling revenue jumps 90% in 2022

Total PAGCOR-regulated gaming revenue in the Philippines soared by 90 per cent in 2022 to PHP214.3bn (€3.6bn), with revenue in the final quarter of the [...]

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BetConstruct enters the Philippines with new sportsbook launch

iGaming technology provider BetConstruct is powering a new retail and online sportsbook platform in the Philippines for PAGCOR-licensed Jade SportsBet.

Players in the Philippines can now [...]

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Manila takes Macau’s crown in Q3

Quarterly casino revenue in the Philippines outstripped that of Macau for the first time in Q3 2022, reflecting the changing fortunes in the Asian gaming [...]

1 min read

Okada Manila to merge with Jason Ader’s SPAC for Nasdaq listing

The Philippines’ leading casino resort operator Okada Manila has entered into a merger agreement with Miami-based special purpose acquisition company 26 Capital Acquisition Corp, which [...]

1 min read
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Philippines brings in new POGOs tax on foreign employees

A new tax on Philippine Offshore Gaming Operators (POGOs) has been signed into law by President Rodrigo Duterte.

Republic Act No. 1159 clarifies the tax liabilities [...]

1 min read