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GGRAsia

Philippines 3Q industry GGR US$1.03bln, up 15pct y-o-y

The Philippine casino sector produced gross gaming revenue (GGR) of PHP56.85 billion (US$1.03 billion) in the third quarter, a slight increase from PHP56.61 billion in the preceding quarter. The tally rose 15.1 percent from the prior-year period. That is according to data released on Thursday by the country's casino regulator, the Philippine…

Industry ・ 24 November 2023

GGRAsia

Ainsworth hails Asia milestone with slots at CoD Manila

Casino slot machine maker Ainsworth Game Technology Ltd says it has reached a "significant milestone in the Asian gaming sector," with installation of 24 of its "state-of-the-art" A-Star cabinets (examples pictured) at the City of Dreams (CoD) Manila gaming resort. Ainsworth Game added the move was its first ever A-Star placement in the…

Industry ・ 16 October 2023

World Casino News

Aristocrat Opened First Gaming Showroom in Philippines

Australian gaming machines and iGaming innovator, Aristocrat Leisure Ltd, reportedly opened "the first dedicated gaming showroom" in the Philippines. As GGRAsia reports, the gaming facility is part of Aristocrat's new offices located in Pasay City, Manila, in the vicinity of the popular Entertainment City casino area. Showcasing the Latest Gaming…

Industry ・ 27 April 2023

Asgam

Korea’s Kangwon Land opens Manila office to grow self-made slot machine brand KL Saberi

Kangwon Land, the state-run operator of South Korea's only casino for locals gaming, has opened a liaison office in Manila with a view to growing its slot machine brand, KL Saberi. According to a report by The Korea Times, the liaison office - located in Manila's Entertainment City and in close proximity to the area's integrated resort precinct -…

Industry ・ 29 March 2023

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

GGRAsia

Philippine 2022 casino GGR up 91pct y-o-y

The Philippine casino sector produced gross gaming revenue (GGR) of just under PHP56.01 billion (US$1.02 billion) in the three months to December 31, up by 13.5 percent from the third quarter. The quarterly tally was up 96.2 percent from a year earlier. The figure excludes revenue from bingo operations, electronic games parlours and and from…

Industry ・ 07 March 2023

Gambling News

Philippines’ Second Richest Man to Build New Casino Resort

One of the Philippines' richest people, Manuel Villar Jr, is planning to build a new integrated resort casino as the country's gambling industry is picking up. Villar Jr has chosen the sight of the Global South retail shopping complex as the new location, which he owes, thus sparing himself some of the technicalities around buying the land. He is…

Travel ・ 06 December 2022

GGRAsia

Philippines 3Q casino GGR up 8pct q-o-q to US$861mln

The Philippine casino sector produced gross gaming revenue (GGR) of just above PHP49.36 billion (US$860.7 million) in the third quarter of 2022, up by 7.6 percent from the previous quarter. The tally rose by 110.4 percent in year-on-year terms. That is according to the latest quarterly data released on Monday by the country's gaming regulator, the…

Bingo ・ 15 November 2022

Walterboro Live

10 of the most spectacular casinos around the world

Gambling has existed for millennia and the first casinos opened for business some four centuries ago. But casinos are changing. Online betting is creating rigorous competition, so casino owners have pivoted to building dazzling edifices that are architecturally unique and offer far more than slots and table games. OLBG curated a list of 10 of the…

Strategy Guide ・ 01 October 2022

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Travel Daily News

Is online casino legal for travelers in the Philippines

The Philippines is a very attractive touristic destination that attracts millions of visitors each year. People who seek a great level of entertainment will definitely have many activities at their disposal. Gambling is one of them, and the Philippines are a well-known hub in Southeast Asia. Those who would like to feel a Vegas-like atmosphere will…

Blackjack ・ 12 September 2022

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 ・ 25 May 2022

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 ・ 12 May 2022

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 ・ 11 May 2022

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GGRAsia

Philippines 1Q casino GGR up 15pct q-o-q to US$627mln

The Philippine casino sector produced gross gaming revenue (GGR) of PHP32.75 billion (US$ 626.9 million) in the three months to March 31, up by 14.8 percent from the previous quarter. The tally rose 27.2 percent in year-on-year terms. That is according to data released this week by the country's casino regulator, the Philippine Amusement and Gaming…

Covid ・ 11 May 2022

The Union Journal

Top 5 largest casinos in the world

All around the world, you can play your favorite casino games at a casino of your choosing. Every city has its own casino, but not all casinos are created equally. If you really want to have the ultimate casino experience, you should visit one of the largest casinos in the world. These casinos are like nothing you have ever seen. Casinos are wildly…

Top and Best ・ 03 May 2022

Khmer Times

Cambodia turns up the heart on phone scammers and online gambling syndicates, 61 nabbed

Sixty-one people, 59 Thais and two Chinese, were detained during raids on a phone scam gang working out of Preah Sihanouk in Cambodia, according to Thai police. Twenty-eight were beng treated as suspects, five had been lured into the operation and rescued and the remainder were still being investigated, Pol Gen Damrongsak Kittiprapas, director of…

Trust and Safety ・ 24 March 2022

iGaming Business

Philippines records year-on-year revenue increase as Covid restrictions ease in 2021

The figure represents a 14.5% increase on 2020 which was blighted by casino closures owed to the Covid-19 pandemic. Gaming revenue for the year from Pagcor-operated sources totaled PHP8.19bn, down 27.2% from the previous year. Slot machines had the largest revenue with PHP4.92bn. Table game revenue was PHP2.40bn, while junket operations contributed…

Covid ・ 03 March 2022

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GGRAsia

Philippines 4Q casino GGR up 22pct q-o-q to US$555mln

The Philippine casino sector produced gross gaming revenue (GGR) of just above PHP28.54 billion (US$555.2 million) in the three months to December 31, up by 21.7 percent from the third quarter. The figure excludes revenue from bingo operations and from electronic games parlours. The latest data took the casino GGR tally industry-wide for full-year…

Travel ・ 02 March 2022

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 ・ 04 January 2022

GGRAsia

Hann casino resort 5k-plus visitors in first 4 hours: CEO

The Hann Casino and Resort located at Clark, in the Philippines, welcomed more than 5000 visitors in its first four hours after opening at 2pm on Wednesday, said Daesik Han, the president and chief executive of its promoter, Hann Philippines Inc, in an interview with GGRAsia. "The most important thing is to capture this local market," said Mr Han,…

Travel ・ 15 December 2021

Asgam

Suncity’s Philippines subsidiary says Manila hotel-casino development unaffected by Alvin Chau arrest

Development of Suncity Group's US$1 billion Manila hotel and casino project will continue as planned despite the arrest of Suncity Chairman Alvin Chau this week, according to the group's Philippines subsidiary. In response to queries from the Philippine Stock Exchange, Suntrust Home Developers Inc, which is 51% owned by Suncity, said it "does not…

Incidents ・ 02 December 2021

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iGaming Business

Philippine gambling revenue continues to recover in Q3

This was a rise of 52.5% compared to the third quarter of 2020. A total of PHP1.68bn came from PAGCOR-operated gaming venues, a rise of 83.9% year-on-year. Slot machines made up PHP949.5m of this total, a year-on-year increase of 125.1%. Table games generated PHP485.3m of the total, up 141.3%. Junket operations made up PHP244.2m, a decrease of…

Finance ・ 15 November 2021

GGRAsia

Philippines 3Q casino GGR up 25pct q-o-q to US$469mln

The Philippine casino sector produced gross gaming revenue (GGR) of nearly PHP23.46 billion (US$467.9 million) in the three months to September 30, up by 24.8 percent on the PHP18.80 billion generated in the second quarter. The figure excludes revenue from bingo operations and from electronic game parlours. That is according to data released on…

Travel ・ 09 November 2021

Asgam

SPECIAL REPORT: Where to now for Nagasaki and Casinos Austria? (part 2)

Nagasaki Prefecture signed a basic agreement with Casinos Austria International Japan (CAIJ) on 30 August for the development of an integrated resort at Huis Ten Bosch at Sasebo City, Nagasaki. But the process has been controversial to say the least, with both of CAIJ's rival bidders crying foul on the decision. In this five-part special report…

Travel ・ 13 September 2021

Asgam

Licensed Philippines casinos suffer 27% sequential GGR decline in 2Q21

Philippines gaming regulator PAGCOR has reported a 27% sequential quarterly decline in revenue from licensed casinos in the three months to 30 June 2021 to Php16.99 billion (US$337.5 million), impacted by reduced business volumes in Entertainment City. With the National Capital Region continually affected by COVID-19 restrictions, gross gaming…

Law ・ 22 August 2021

GGRAsia

Philippine 2Q casino GGR down 27pct q-o-q at US$373mln

The Philippine casino sector produced gross gaming revenue (GGR) of nearly PHP18.80 billion (US$373.0 million) in the three months to June 30, down 27.0 percent on the PHP25.74 billion generated in the first quarter. The figure excludes revenue from bingo operations and from electronic game parlours. That is according to data released this week by…

Covid ・ 20 August 2021

Inquirer

Suncity vows to return irate casino high rollers’ millions stuck since pandemic began

MANILA, Philippines-The local unit of Suncity Group, the world's largest casino junket operator, is reportedly readying cash and properties to reimburse junket players hundreds of millions of pesos in advance deposit placements made just before the coronavirus pandemic struck in 2020. In a letter to the Philippine Amusement and Gaming Corp.…

Covid ・ 09 August 2021

GGRAsia

Metro Manila casinos shut from Aug 6 amid pandemic: ops

A number of casinos in the Entertainment City zone in the Metro Manila area has confirmed a temporary shutdown of gaming from August 6 to August 20, a period when the Philippine capital will be under the most restrictive "enhanced community quarantine" (ECQ), as a Covid-19 countermeasure, operators have respectively confirmed to GGRAsia. Resorts…

Covid ・ 03 August 2021

European Gaming

PAGCOR Separates Teams to Increase Control Over Gambling Operations

The Philippine Amusement and Gaming Corp (PAGCOR) has decided to split its teams in two in order to have more precise control over gambling operations. The Compliance Monitoring and Enforcement Department - Integrated Resorts (CMED-IR) was previously responsible for all licensed casinos in Entertainment City, the Clark group of casinos and…

Travel ・ 13 July 2021

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 ・ 09 July 2021

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 ・ 09 July 2021

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 ・ 07 July 2021

GGRAsia

Pagcor gets separate teams to monitor IRs, Internet gaming

The Philippine Amusement and Gaming Corp (Pagcor), that country's casino regulator, has told GGRAsia it now has two separate teams of officials in order to oversee respectively the land-based casino licensees and operators of online-based games. The move is part of recent organisational changes, the body stated. Pagcor had already mentioned in June…

Travel ・ 07 July 2021

iGaming Business

PAGCOR gives Okada Manilla operator online gaming go-ahead

PAGCOR approved Tiger Resort's application after a board of directors meeting, allowing the operator to now offer online table and machine gaming. Approval is subject to payment of licence fees, compliance with casino regulations and anti-money laundering laws and test simulations. This will see Okada Manilla become the first of the four…

Industry ・ 23 June 2021

Korea Portal

Okada Manila Casino Resort Now Offers Online Gaming

With permission from the Philippine Amusement and Gaming Corp (PAGCOR), Okada Manila Casino Resort can now offer online gaming to its patrons. On Monday, PAGCOR gives Okada Manila Casino Resort the green light to operate and offer online gaming to its customers. According to Universal Entertainment Corporation, "The system is scheduled to go into…

Travel ・ 19 May 2021

Focus Taiwan

Virtual gambling ring raided; 24 suspects arrested

Taipei, May 12 (CNA) A gambling ring running several cross-border gambling websites was raided last month, with 24 suspects nabbed by police, the Criminal Investigation Bureau (CIB) said Wednesday. Starting from 2018, the CIB said, the mastermind behind the gambling ring, a Taiwanese man surnamed Shih (施), 37, set up the gambling websites in…

Incidents ・ 12 May 2021

Gambling Insider

The Philippines allows three domestic casino licences

Andrea Domingo, head of the Philippine Amusement and Gaming Corp (PAGCOR), has confirmed three integrated resorts (IRs) in Manila were allowed to start offering online service for table games and slots. The IRs in question are Solaire Resort and Casino, Resorts World Manila and Okada Manila, but it's unclear if they are able to offer digital games…

Covid ・ 07 May 2021

Philstar Global

Pagcor taps e-sabong to shore up revenue

MANILA, Philippines - State gaming regulator Philippine Amusement and Gaming Corp. (Pagcor) is ready to tap revenues from online gambling on electronic cockfights, better known as online sabong or e-sabong, even as it complains of the pervasiveness of this type of gambling during the pandemic when many Filipinos depend on the internet. Andrea…

Finance ・ 07 May 2021

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 ・ 09 February 2021

Manila Bulletin

Suntrust raises P12.9 billion for casino project

Suntrust Home Developers, Inc. has raised P12.9 billion from the issuance of convertible bonds to finance the construction of its hotel and casino complex in the Entertainment City. In a disclosure to the Philippine Stock Exchange, the firm said it issued P7.3 billion zero coupon Convertible Bonds in favor majority shareholder Fortune Noble…

Land-based ・ 19 January 2021

GGRAsia

Pagcor boss affirms some Ent City casinos have PIGO permits

The head of the Philippine casino regulator has confirmed that three of Manila's Entertainment City gaming resorts are among venues approved to offer online gaming to domestic players via their premises using a new "PIGO", or Philippine Inland Gaming Operator, licence. They are: Solaire Resort and Casino, run by Bloomberry Resorts Corp; Okada…

Covid ・ 19 January 2021

Calvin Ayre

DFNN to offer online gambling to Philippine locals

Philippine electronic gaming operator DFNN has reportedly received the first online gambling license that will allow local residents - at least, those with deep pockets - to legally bet online. On Monday, Asia Gaming Brief broke the news that Philippine-listed DFNN was the first recipient of the new locals-focused online gambling licenses issued by…

Covid ・ 19 January 2021