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Last Friday, Philippine President Rodrigo Duterte ordered the closure of all lottery and gambling services run by the Philippine Charity Sweepstakes Office (PCSO). Less than a week later, much of the ban has been lifted. The purpose for the ban – which reportedly affected some 30,000 gambling kiosks in the country – was to suspend … Read more
In 2018, Philippine President Rodrigo Duterte told the media that no new casinos would be built during his presidency. Now almost a year later that decision might be reversed according to his praise of Philippine Amusement and Gaming Corporation (PAGCOR) President Andrea Domingo and the revenue earned so far this year. President Duterte praised PAGCOR … Read more
This Saturday Manny “Pacman” Pacquaio will enter the ring for his 71st professional boxing fight. This time Pacquaio will be fighting for a welterweight belt held by Keith “One Time” Thurman ten years his junior. This World Boxing Association (WBA) fight has already generated some hype and has been labeled as boxing’s biggest night in … Read more
The Nationals is an electronic sport (eSports) league in the Philippines that was established in 2018. They are the first franchise-based electronic sports league in the Philippines and are launching their inaugural season in 2019. The idea for the eSports league was first announced to the general public in June 2018. So far there are … Read more
The Philippine National Bureau of Investigation (NBI) has issued a warning to casino tourists that loan sharks are targeting them and offering unassociated casino loans. The NBI has warned casino regulars that these types of non-casino related loans could lead to kidnappings or worse. The Philippines have numerous casinos spread out amongst their 6000+ islands … Read more
After Vice Mayor of Quezon City attempted to restrict casino gaming, gambling regulator PAGCOR stepped in. Vice Mayor of Quezon City Joy Belmonte attempted to enact an ordinance which would charge residents a fee of PHP1,500 to enter a soon to be built casino within the city, as well as, fees for online gaming. However, … Read more
Clark City to see more extensive investments and growth thanks to a new Executive Order, but why now? On June 4th, President Rodrigo Duterte signed an Executive Order declaring the Clark Industrial Estate (IE5) as an international center for leisure, commerce, industry, and recreation rather than its previous designation as a logistics district. The Executive … Read more
Gamblers using fake US cash were recently busted by authorities, casinos are now on the lookout for more. Numerous Philippine casinos are on high alert for counterfeit US currency after three gamblers at Resorts World Manila attempted to purchase PHP288,700 worth of gaming chips with fake American dollars were arrested. The accomplices apprehended on May … Read more
The Philippines is expected to outpace Macau with its casino gaming industry according to financial analysts. In the first quarter of 2019, the casino sector in the Philippines produced PHP52.52 billion in gross gaming revenue. PAGCOR released this quarterly revenue result but strangely did not include a comparison to previous year results or data. PAGCOR, … Read more
After President Duterte threw in the towel regarding his strong stance against gambling, casino projects are back on track – mostly. The Emerald Resort and Casino in Mactan, Cebu and proposed Clark Resort by PH Resort Group will likely continue development now that Philippine President Rodrigo Duterte has halted his firm anti-gambling stance. Filinvest is … Read more