03/21/16 Upcoming assessment on the Philippines and Bangladesh The Financial Action Task Force has its eyes fixed on the Philippines after the Bangladeshi stolen funds probe revealed US$ 81 million found its way to the Asian’s country banking system.
03/14/16 Philippine Senate sets hearings for the Bangladeshi funds case Pagcor chairman and casino operators have been invited to the Senate to help lawmakers clarify how stolen funds ended up in Philippine casinos’ accounts.
03/11/16 Part of the stolen Bangladeshi funds made it to Philippine casinos PAGCOR declared that out of the US$81 million that entered the Philippines, only US$46 million ended up in the local casino industry.
03/04/16 Pagcor requires casinos to tighten its internal controls The Philippine Amusement and Gaming Corp issued a warning intended to remind casino operators to optimise its policies on funds movements and issuances of playing chips.
02/03/16 Two casino licenses to be granted in Philippines Philippine Amusement and Gaming Corporation is willing to license casino projects outside Manila.
01/12/16 Philippine gross gaming revenue grew in 2015 Despite the industry slump registered in the Chinese VIP market last year, the Asian country landed a double-digit growth.