05/12/20 Fitch expects 70% revenue drop for Okada Manila in Q2 Fitch highlighted the financial impact of Covid-19 and Universal’s greater exposure as a single property operator.
05/08/20 PFF monitoring K League in hope of football restart The Philippine Football Federation (PFF) is closely monitoring South Korea’s K League which kicked-off again earlier this week.
05/07/20 Anti-POGO bill filed by lawmakers Anti-POGO bill would ban all Offshore Gaming Operations from the country.
05/06/20 POGOs not entitled to tax breaks Philippine Offshore Gaming Operators (POGOs) will not qualify for any tax incentives related to the Covid-19 outbreak.
05/04/20 Solaire ramps up Covid-19 testing The operator has introduced rapid mass testing for Coronavirus so that employees can return to work in the coming weeks.
05/04/20 POGOs allowed to partially reopen Offshore gaming operators can resume activity but with just 30 per cent of their workforce.
04/28/20 PAGCOR profits drop 50% in Q1 Profit for the period fell by 49.9 per cent to Php777.4million (US$15.3million).
04/27/20 POGOs to stay closed as lockdown extended President Rodrigo Duterte extends Covid-19 lockdown measures in certain parts of the country for another two weeks to May 15.
04/23/20 ‘Lift POGO suspension to boost tax revenue’, says politician Eric Go Yap, joined PAGCOR Chief Andrea Domingo in arguing for offshore gaming operations to continue in the country.
04/22/20 Bloomberry boss says some businesses should reopen Bloomberry Chairman Enrique Razon says that businesses that can test employees and transport them to work should be able to open.
04/20/20 Philippines: casinos likely to remain closed Lockdown measures in the Philippines are to be modified or extended this week, with casinos likely to remain closed.
04/16/20 Okada Manila shutdown to cost US$139m Operator says it expected to be closed for a total of two months due to Coronavirus, forcing it to cut performance forecasts for the year.
04/16/20 Philippines: POGOs to restart activities at the end of April Despite a number of controversies during the Coronavirus crisis, POGOs are expecting business as usual once the lockdown it lifted.
04/15/20 Philippines: 501 arrested for illegal gambling Police carry out 149 raids on 13 illegal gambling operators while the country is in lockdown due to Covid-19.
