#POGOs

Laos Considers Shifting Towards Online Gambling

Laos is considering introducing online casinos modeled after POGOs. The government is currently deliberating on passing rules that will create a framework that enables companies to apply for licenses. Laos has been mostly relying on its brick-and-mortar business, but this is changing now. The country has to deal with the fallout of the COVID-19 pandemic which has impacted tourism revenue and the gambling industry. Since Laos only operated brick and mortar properties, it has lost revenue. Illegal gambling operations proliferated, depriving the central government of taxable revenue, as well.
Gaming Authorities
Laos Considers Shifting Towards Online Gambling
Casino News Casino News 25 days
@CasinoNews6

Casino Operators in the Philippines to Put a Leash on Junkets Following PAGCOR Order

Casino Operators in the Philippines to Put a Leash on Junkets Following PAGCOR Order
BetConstruct BetConstruct 24 days
@BetConstruct

#BetConstruct is going to attend the annual #ASEANGamingSummit in Manila, Philippines. We will showcase the vast range of our innovative products and solutions and demonstrate the endless possibilities they provide. Book a meeting with us and dive deeper into the #gaming world.

#BetConstruct is going to attend the annual #ASEANGamingSummit in Manila, Philippines.
We will showcase the vast range of our innovative products and solutions and demonstrate the endless possibilities they provide.
Book a meeting with us and dive deeper into the #gaming world.

The Growth of The Asian Online Betting Industry

Asia is a lucrative market for online gambling operators. Some conservative governments make it difficult for foreign and domestic operators to launch business in the Asian market. There is growing trend towards legalization and an upsurge of online casinos in Asia.
Industry
The Growth of The Asian Online Betting Industry
RELATED TOPICS

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 high office vacancy rate. The measure imposes a 5 percent tax. Foreigners employed by them must pay a 25 percent withholding tax, which is making life expensive for Pogos. More than half of the 60 registered Pogs have shuttered since it began. The new administration after next year's presidential elections could bring a new, less friendly leader. It is also important to note that the taxes are all above the line.
Finance
Philippine Office Market Could Tank on New Gambling Tax

Slotegrator's new report gives an overview on Asian markets in 2021

Gambling is illegal in China, except for the two state-run lottery. Chinese nationals can gamble in Macau and Hong Kong. Maca is a former Portuguese colony. It has 41 casinos and millions of tourists. Online casinos are banned on the island. The local regulatory agency issued a public warning in 2015. The agency warned that online casinos were banned in the area in December 2015, but the ban was lifted in March 2016.
Sports
RELATED LOCATIONS

Online Gambling Allowed in Philippines to Boost Covid Response Funds

President Rodrigo Duterte allowed online gambling to boost the country's Covid-19 response funds. He was previously against online betting. Around 60 POGOs have secured licenses to operate in the Philippines. Malacañang recognises PogOs as the government's tax revenue generators.
Covid
Online Gambling Allowed in Philippines to Boost Covid Response Funds
RELATED CATEGORIES

New Bill to Tax Online Gambling Firms Passes in the Philippines

New bill to introduce taxes on online gambling firms in the Philippines passed on Monday. Online gambling has become a big hit in many countries including the Philippine. China made a call to ban such activities in 2019 but President Rodrigo Duterte rejected it.
Finance
New Bill to Tax Online Gambling Firms Passes in the Philippines

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

Philippines has emerged as a major hub for online gaming. More than 100,000 Chinese nationals work in virtual casinos catering to players back in China. Beijing has ratcheted up pressure on Manila to shut down the industry. President Rodrigo Duterte allowed the POGOs to reopen in May. The online casinos generate tax revenue and desperately needed jobs in Manila's downtown area.
Covid
Chinese gamblers defying a ban at home are powering the Philippines' casino boom

Pagcor boss affirms some Ent City casinos have PIGO permits

Solaire Resort and Casino, Okada Manila and City of Dreams Manila are among venues approved to offer online gaming to domestic players via their premises using a new PIGO licence. The licence is for online gambling services to a domestic market, rather than the so-called POGO – Philippine Offshore Gaming Operator – permits. PigO licences were issued to players overseas. The new licence will be aimed at VIP players already on the authorities’ player database. They will need to deposit play funds at the land-based casino. Facial recognition technology will confirm the identity of players.
Covid
Pagcor boss affirms some Ent City casinos have PIGO permits
RELATED BRANDS

DFNN to offer online gambling to Philippine locals

DFNN has received the first local online gambling license. The InPlay.ph casino will be limited to VIP players only. It will run by DFNN’s Inter-Active Entertainment Solutions subsidiary. PAGCOR”s most recent list of POGOs that have received clearance to resume operations has risen to 36. Only one of them is Melco Resorts & Entertainment “s City of Dreams Manila.‚ The list includes 36 P OGOs with Chinese workforce vetted by immigration officials. PGCOR is trying to compensate for the loss of its PogO revenue.
Covid
DFNN to offer online gambling to Philippine locals