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.
06/23/20 11 POGOs allowed to resume operations 11 operators have been given the green light by PAGCOR and the BIR.
06/11/20 PAGCOR expects P2.5 billion in remainder of 2020 The total for the year will be significantly less than the P5.73 billion the agency cashed last year.
06/10/20 PAGCOR promises to solve POGO issues before elections The agency will seek to avoid the problems being used as leverage during political campaigns.
06/09/20 PAGCOR: casinos to reopen by July The agency has also remitted an additional P5 billion in cash dividends to the Philippine National Treasury.
05/25/20 PAGCOR publishes reopening guidelines Regulator outlines health and safety measures for licensees preparing to reopen post Covid-19 pandemic.
