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Focus Gaming News Asia Pacific | PAGCOR

PAGCOR

Check the latest PAGCOR news

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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.

07/01/20

Philippines to cancel POGOs’ foreign workers permits

The Department of Labor is waiting on confirmation from PAGCOR to automatically revoke POGOs’ foreign workers’ permits.

06/30/20

Revenue falls 14% at Philippine casinos

Casino operations in the first quarter were heavily impacted by quarantine measures in the Philippines, but POGOs saw an increase in revenue.

06/30/20

PAGCOR warns POGOs leaving Philippines

The body warns that two POGOs have pulled out of the Philippines due to tax battle with the Bureau of Internal Revenue.

06/27/20

Four Philippine casinos reopen with capacity limits

PAGCOR has confirmed it allowed four companies outside Metro Manila to resume operations at the beginning of June.

06/24/20

Legislators insist on 5% tax for POGOs

Representative Robert “Ace” Barbers says Philippines law makes no distinction between local and foreign operators and that all POGOs must pay the tax.

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Gaming News, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.