#Duterte

Inquirer

Pasig bans Pogos, online gambling firms

Pasig City Mayor Vico Sotto has approved a local ordinance banning all online and offshore gaming operations in his jurisdiction, pointing out that gambling "undermines the social, moral and economic growth" of the city. City Ordinance No. 55, authored by Councilor Simon Tantoco, prohibits the issuance of permits to companies conducting e-games,…
Law
Pasig bans Pogos, online gambling firms
Rappler

Philippines included in China’s overseas gambling blacklist, Zubiri says

ONLINE GABMLING. File photo of PAGE 2019 (the Phil-Asian Gaming Expo) at SMX Convention Center in Pasay on July 12 to 14, 2019. Photo by Rappler (1st UPDATE) Senate President Juan Miguel Zubiri says Chinese Ambassador Huang Xilian shared the information with him during a courtesy call on October 10 MANILA, Philippines - Senate President Juan Miguel…
Politics
Philippines included in China’s overseas gambling blacklist, Zubiri says
Super Slots
The Diplomat

Philippines Readies Crackdown on Chinese Online Gambling Operations

The Philippines intends to shut down 175 online gambling firms and deport about 40000 Chinese nationals who are working for them, as pressure builds on the government to crack down on the shadowy online gaming sector. An official from the Ministry of Justice announced the plan on Monday, citing the ecosystem of criminal activities that has grown…
Incidents
Philippines Readies Crackdown on Chinese Online Gambling Operations
Sigma

Philippines online gambling at risk as senator calls for ban

Online gambling in the Philippines may be at risk after a leading senator introduced a bill on Monday seeking an outright ban following a rise in kidnappings and violent crime. Senate Majority Leader Joel Villanueva's Bill 1281 would outlaw all forms of online gambling, with a jail term of up to six months and a fine of up to PHP500000, local media…
Law
Philippines online gambling at risk as senator calls for ban
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Asgam

New PAGCOR chief says privatizing casinos an appealing option

Newly appointed PAGCOR chairman and CEO, Alejandro Tengco, says privatizing the organization's casinos could be the most logical way forward for the Philippines gaming regulator, allowing it to focus on a single mandate instead. Speaking at a House appropriations committee hearing this week, Tengco - who was only named to replace former PAGCOR…
Finance
New PAGCOR chief says privatizing casinos an appealing option
Khmer Times

Covid-19, gambling ban leave S’ville biz sulking

Covid-19 and the ban on online gambling have left several businesses in Cambodia's coastal city Sihanoukville sulking with over 1500 multi-million building projects reportedly abandoned midway by investors. The city had a thriving gambling business from 2015 to 2019, but the government suddenly clamped a ban on it in August 2019, forcing many of…
Covid
Covid-19, gambling ban leave S’ville biz sulking
Reuters

Casino SPAC is for hardened gamblers only

HONG KONG, June 7 (Reuters Breakingviews) - Shareholders in blank-cheque firm 26 Capital (ADER.O) are getting more than they bargained for. It agreed in October to buy casino Okada Manila, but a long-running legal battle over the resort turned physical when its ousted boss seized the property last week. If that doesn't scupper the planned merger,…
Covid
Casino SPAC is for hardened gamblers only
The Statesman

Stricter policy on casinos

Billionaire Enrique Razon Jr. is leading the venture around the area where the once prestigious Puerto Azul Golf and Country Club in the municipality of Ternate is located. In a disclosure to the Philippine Stock Exchange last week, Razon's Bloomberry Resorts Corp. said it had signed an agreement with landowners to acquire 279 hectares in the area…
Covid
Stricter policy on casinos
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Gambling News

PAGCOR Releases Q1 Results, Gambling in the Philippines Shows Recovery

The first quarter of 2022 has been fruitful for the Philippines as gross gaming revenue has grown by 29.6% compared to the same period last year. Results showed that the country's land-based gambling operations generated a total of PHP30.02 billion ($572.49 million). COVID-19 restrictions started to ease up in the Philippines and that is what…
Covid
PAGCOR Releases Q1 Results, Gambling in the Philippines Shows Recovery
iGaming Business

Philippine gaming revenue grows 30.3% in Q1

This was up 30.3% from the first quarter of 2021. Across the first three months, GGR grew steadily. March saw the highest amount of GGR, at PHP13.94bn, while February GGR was PHP13.1bn. January's GGR was PHP12bn. Revenue from licensed casinos was PHP30.14bn, up by 29.5% year-on-year. A majority of this - PHP26.88bn - came from Entertainment City.…
Finance
Philippine gaming revenue grows 30.3% in Q1
GGRAsia

Manila tougher restrictions, casinos at limited capacity

Metro Manila in the Philippines is since Monday (January 3) under the more restrictive "alert level 3", as a countermeasure against the further spread of Covid-19 in the region. At least one casino resort at Entertainment City has confirmed to GGRAsia that its gaming floor remains open, albeit under limited capacity. A reply to GGRAsia via the…
Covid
Manila tougher restrictions, casinos at limited capacity
Vegas Slots Online

Police Seize Around $15m in Thailand Gambling Den Raid

Police in the Thailand city of Pattaya (pictured above) have arrested 42 and seized assets of around $15m after a raid on an illegal gambling den in a four-star hotel room. [Image: Shutterstock.com] Police in Thailand have seized tables, card sets, and gambling chips worth around ฿500m (US$15m) and arrested 42 people after a raid on a hotel room in…
Incidents
Police Seize Around $15m in Thailand Gambling Den Raid
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The Real Deal

Philippine Office Market Could Tank on New Gambling Tax

A new tax on online gambling operators in the Philippines could drive up the nation's already high office vacancy rate. The tax, signed into law last month by President Rodrigo Duterte, may prompt foreign gambling outfits and Chinese-owned companies in particular to move elsewhere, according to Hong Kong's South China Morning Post. Vacancy rates…
Finance
Philippine Office Market Could Tank on New Gambling Tax
India Today

Games people play: Should online gaming and gambling be banned or regulated?

A fortnight ago, the Karnataka government banned online gambling in the state. The ban extended to all kinds of gambling, including "any act of risking money or otherwise on the unknown result of an event including on a game of skill". This demolishes the subtle difference between what used to be categorised as a "game of chance", where the outcome…
Law
Games people play: Should online gaming and gambling be banned or regulated?
Gambling Insider

Plea to stop casino construction in Boracay

Diocese of Kalibo Bishop Jose Corazon Tala-oc has made an appeal to Philippines President Rodrigo Duterte to put a stop to the national government's plans that permit the establishment of casinos on Boracay Island. The Kalibo Bishop claims the island to be a gift from God, and that the people are responsible to "take care of and protect Boracay."…
Religion
Plea to stop casino construction in Boracay
Asgam

Online gaming to push PAGCOR revenues to US$761 million in 2021: Andrea Domingo

Philippines gaming regulator PAGCOR is expecting to record income from gaming operations of around Php38 billion (US$761 million) in 2021, representing a 27% increase over 2020 thanks largely to contributions from its growing online gaming sectors. The estimate was put forward by PAGCOR chair Andrea Domingo during a television interview…
Finance
Online gaming to push PAGCOR revenues to US$761 million in 2021: Andrea Domingo
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Casino News Daily

Philippine President Lifts Boracay Casino Ban

In a policy U-turn, Philippine President Rodrigo Duterte has lifted a ban on casino operations on the resort island of Boracay, saying he needs money to "pay a lot of expenses and keep the government running." In a televised address, the Philippine's top official apologized for his change of heart on gambling on Boracay, but went on to note that he…
Covid
Philippine President Lifts Boracay Casino Ban
Gambling News

New Casino for the Philippines Confirmed After Moratorium Lifted

The COVID-19 has caused economic hardships on every level and it doesn't look like things are ready to get back to normal yet. The Delta variant is continuing to cause issues, but the pandemic has also helped open the doors to new gambling opportunities that perhaps would have never been explored before. The Philippines, previously viewing casinos…
Covid
New Casino for the Philippines Confirmed After Moratorium Lifted
Vegas Slots Online

‘Go Ahead and Gamble’ Philippine President Duterte Says

The historically anti-online gambling Philippine President Rodrigo Duterte has done a startling about-face in his stance on the subject, with Bloomberg reporting that gaming stocks have risen following his announcement earlier this week. "Go ahead and gamble" was the proclamation issued from Duterte's office on July 7. Bloomberg took to Twitter…
Covid
‘Go Ahead and Gamble’ Philippine President Duterte Says
Gambling News

Duterte Changes Stance on Gambling Due to COVID-19 Impact on The Philippines

Once a fierce opponent of gambling activities, Philippine president Rodrigo Duterte has changed his position to urge wagering in order to attract funds after the devastating impact of the pandemic. Philippine President Rodrigo Duterte has softened his tone with regards to gambling in the country due to the negative impact of the COVID-19 pandemic.…
Covid
Duterte Changes Stance on Gambling Due to COVID-19 Impact on The Philippines
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World Casino News

Duterte charge of heart helps Manila casino stocks

In the Philippines and the individual share prices for some of the nation's largest casino operators have reportedly risen sharply following a dramatic change of heart from President Rodrigo Duterte (pictured). According to a report from the Bloomberg news service, the 76-year-old leader has been an outspoken critic of gambling for many years and…
Finance
Duterte charge of heart helps Manila casino stocks
European Gaming

Online Gambling Allowed in Philippines to Boost Covid Response Funds

Despite previously being against online gambling in the country, Philippine President Rodrigo Duterte on Wednesday said he was forced to allow the activity to boost the country's Covid-19 response funds. In a pre-recorded meeting with his political party officials, Duterte said allowing gambling operations was the most "sensible" thing to do,…
Covid
Online Gambling Allowed in Philippines to Boost Covid Response Funds
Yogonet

Philippine President now wants online casinos back in bid to raise funds

hilippine President Rodrigo Duterte, who has been against all gambling activities for several years has changed his views on the matter and wants online casinos to return in a bid to raise more funds for the cash-strapped government's pandemic response. In a televised speech on Wednesday, Duterte said Finance Secretary Carlos Dominguez III is…
Finance
Bloomberg

Philippines’ Duterte Now Favors Gambling; Casino Stocks Rise

Philippine President Rodrigo Duterte said he now supports gambling after years of opposing it, citing the need to raise money amid the pandemic. Gaming stocks rose. "Go ahead and gamble," Duterte said, according to transcript released by his office late Wednesday. "Now that we need money, the most sensible thing is really just to encourage those…
Finance
Philippines’ Duterte Now Favors Gambling; Casino Stocks Rise
Canadian Inquirer

Online gambling allowed to boost Covid response funds: PRRD

MANILA - Despite previously being against online gambling in the country, President Rodrigo Duterte on Wednesday said he was forced to allow the activity to boost the country's Covid-19 response funds. In a pre-recorded meeting with his political party officials, Duterte said allowing gambling operations was the most "sensible" thing to do,…
Covid
Online gambling allowed to boost Covid response funds: PRRD
Asgam

COVID-19 sees Philippines President Duterte change tune on online gambling

Once an ardent critic of all gambling activities, having quashed new casino developments in Boracay and Manila, Philippines President Rodrigo Duterte now considers gambling a necessary source of funds to fight the COVID-19 pandemic. Duterte outlined his views during a meeting with political party officials on Wednesday, with state-owned Philippine…
Covid
COVID-19 sees Philippines President Duterte change tune on online gambling
ABS - CBN News

Duterte says he allows gambling because 'we have no money'

MANILA - President Rodrigo Duterte said on Tuesday he has allowed gambling operations in the country because state funds are running low, even as he at one point said he hated it. Duterte noted he once said he was against gambling. But he said the COVID-19 pandemic forced government to use its reserved funds. "Sabi nila sa panahon ko, pinayagan ko…
Covid
Duterte says he allows gambling because 'we have no money'
World Casino News

PIGO joy for Manila pair

In the Philippines and the giant Resorts World Manila and Solaire Resort and Casino properties have reportedly followed their neighboring Okada Manila venue in being officially licensed to offer online gaming to domestic punters. According to a report from Inside Asian Gaming, the authorizations under the Philippine Inland Gaming Operator (PIGO)…
Travel
PIGO joy for Manila pair
Casino News Daily

New Bill to Tax Online Gambling Firms Passes in the Philippines

Philippine lawmakers found a solution to the country's financial problems in taxing online gambling firms. Since the beginning of the coronavirus pandemic, online gambling has become huge hit in the casino industry in many countries including the Philippines. On Monday, the country's lower congressional chamber voted on a bill calling for the…
Finance
New Bill to Tax Online Gambling Firms Passes in the Philippines
CNN

Chinese gamblers defying a ban at home are powering the Philippines' casino boom

Nearby, rows of Chinese nationals sit at desks chatting on cellphones with potential clients back in China.This is what a typical POGO -- or a Philippine Offshore Gaming Operator -- looks like, according to descriptions provided to CNN by several gaming experts. Some are based in abandoned malls, while others are found in converted parking lots or…
Covid
Chinese gamblers defying a ban at home are powering the Philippines' casino boom