05/18/22 PH Resorts net losses widen in Q1 The company’s loss in the period widened to PHP109.1m (US$2m).
04/30/21 Philippines: online casinos close due to Covid-19 restrictions Approximately half of the 60 online casinos that were operating in The Philippines are reported to have permanently shut down due to ongoing Covid-19 restrictions.
01/05/21 Suntrust raises US$268.5m for Manila casino The Suncity Group subsidiary in the Philippines has issued convertible bonds to Fortune Noble and Summit Ascent.
12/17/20 Udenna increases stake in PH Resorts The casino developer has recently finished towers A and B at its flagship Emerald Bay casino resort.
12/16/20 Philippines could get US$26m from e-sabong tax The bill to tax 5 per cent of revenues on e-sabong transmissions from legal cockpits has been passed to the Philippines Senate.
12/10/20 Philippines Senate discusses money laundering bill If passed into law, the amendment could impact casino and POGO transactions above US$104,000.
12/10/20 Philippines’ operators get online casino licences PAGCOR has confirmed that three companies in Manila and one in Subic Bay have been granted PIGO licences.
12/08/20 AGB to interview PAGCOR chairman The interview with Andrea Domingo will take place during the “Life After POGOs” forum on December 9.
12/08/20 The Philippines’ first online casino approved DFNN’s interactive entertainment unit will launch a new platform for VIPs. Players will have to go through strict protocols.
12/07/20 Emerald Bay completes two towers Progress has been made on the new casino resort in the Philippines, PH Resorts Group says.
12/04/20 Okada Manila warns of fake resale of rooms The casino operator has discovered unauthorised platforms trying to sell its hotel rooms using a fake version of its website.
11/30/20 New bill seeks further control over POGOs The bill aims to subject digital platforms that exploit women and children to human trafficking rules.
