11/27/20 Philippines passes money laundering amendment Single cash transactions exceeding US$103,999 in casinos will be labelled as “suspicious”.
11/25/20 Casinos in Philippines record US$331.5m GGR in Q3 According to information released by PAGCOR, the casino sector saw a decent start to operations in the quarter.
11/25/20 PAGCOR allocates US$41m to build relief centres The regulator aims to build 32 centres in 31 cities affected by the Ulysses typhoon in early November.
11/24/20 Three arrested over kidnapping of POGO worker The Philippine National Police has urged POGO operators to collaborate with the investigation.
11/23/20 Life after POGOs: AGB pop-up Forum Asia Gaming Brief is organising a pop-up forum on December 9 with discussions on what’s next for POGOs, PIGOs, and online gaming.
11/19/20 Philippines could net US$373m in e-sabong taxes The market is estimated at US$3.1m a day for each operator, and the collection could be even bigger if service providers are also taxed.
11/18/20 Philippines bill on online betting moves forward A house committee has agreed on charging a 5 per cent tax on legal online betting on sabong.
11/17/20 RWM operator narrows losses With Philippine casinos allowed a dry run after quarantine, financial results for Travellers International have begun to recover.
11/15/20 Suncity inks deal for Manila casino construction The operator has designated Megawide as the principal contractor for the basement, podium and tower of the Main Hotel Casino.
11/12/20 Only 15 out of over 60 POGOs are operating The BIR says many companies will not return until there’s a vaccine for Covid-19 and tax rates are lowered.
11/11/20 Philippines counsel reprimanded over licences case Rudolf Philip Jurado had granted the Aurora Pacific Economic Zone and Freeport Authority the jurisdiction to issue gaming licences.
11/11/20 Bloomberry reports US$51m loss in Q3 The company’s operations were impacted by Covid-19 measures but it is the only firm authorised so far to take online bets in the Philippines.
11/08/20 IEC closer to new Manila casino The company is reviewing the terms of its draft provisional casino licence from PAGCOR.
11/06/20 PAGCOR clarifies permission for online bets Only Solaire Resort & Casino has been cleared to legally take online bets in the Philippines, and its system still has to pass testing.
11/05/20 Waterfront Philippines still seeking partners The company is still in the process of selecting an investment partner to develop a new casino hotel in Manila.
