10/01/20 Bloomberry and PAGCOR complete quarantine facility The new facility has been described as the largest in the region.
10/01/20 DoF, “prepared to work on privatisation of gambling” Finance Secretary Carlos G. Dominguez III predicts about US$6.18bn could be obtained by privatising gambling.
09/30/20 PAGCOR increases PSC contribution in August August’s contribution to the sports development fund increased after an all-time low in July.
09/26/20 PAGCOR asks Facebook to combat illegal gambling The regulator says it has seen an increase in illegal gambling operations promoted through social media during the pandemic.
09/25/20 PAGCOR fee revenue down almost 50% State revenue from regulatory fees paid by POGOs is only half what it was before Covid-19.
09/22/20 PAGCOR: GGR drops to US$49m in Q2 Tax income from POGOs is also expected to drop as operators leave the Philippines.
09/20/20 26 POGOs found in violation of Philippine law Almost half of POGOs listed the same addresses as those of their service providers despite being required to hire Philippine sevices.
09/09/20 Manila’s Solaire Resort & Casino prepares to reopen The operator has drawn up a phased approach to comply with PAGCOR’s 30 per cent capacity limit.
09/08/20 29 POGOs have resumed operations POGOS will now be concentrated in hubs, with two already in construction.
09/01/20 PAGCOR confirms reopening of some Manila casinos Approved casinos will be able to operate at 30 per cent capacity while the city remains under General Community Quarantine (GCQ).
08/13/20 Less than 100 POGOs active during lockdown Philippine offshore operators have not been successful in obtaining the necessary permits for foreign workers to return.
07/30/20 PAGCOR reports US$32.5m loss in first half The operator and regulator looks to have lost US$48m in the second quarter of the year as most of Manila’s casinos remain closed due to Covid-19 measures.
07/28/20 BIR tells PAGCOR: 5% tax was set in 2017 BIR Commisioner Caesar Dulay has cited a revenue memorandum from 2017 to contradict Pagcor’s claim that the tax is new.
07/10/20 POGOs won’t voluntarily leave the Philippines A law firm representing POGOs says the slowdown during lockdown is the reason some POGOs haven’t applied for BIR clearance.
07/01/20 Warnings on economic impact of POGO “exodus” ASPAP is concerned about potential job loses, the impact on the real estate industry and the economy in general.
