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Earlier this year, the Resorts World Manila Casino was the victim of an alleged terrorist attack that resulted in the deaths of 38 people. The casino shut down for 27 days in June following the attack, leading to a hefty loss in revenue percentage (to the tune of 21.68%) during the second quarter of the … Read more

The Philippines have relieved some of the pressure facing them after formally including casinos under the coverage of a new anti-money laundering law. The nation avoids sanctions and further probing from the Asia Pacific Group on Money Laundering by making the inclusion. President Rodrigo Duterte signed the bill into law. The bill, known as Republic … Read more

Last week the Philippines were devastated by what was originally perceived as a terrorist attack at the Resorts World Manila hotel and casino. The attack left 37 dead with dozens of others injured. In the aftermath of the attack, there were many unanswered questions as to why and how this even occurred. ISIS, the infamous … Read more

The Resorts World Manila, a popular casino/hotel destination in the capital city of the Philippines was recently attacked just a few days ago. A lone gunman entered the casino and began shooting gambling machines and setting fires. 37 people perished as a result. The suspect set fires throughout the casino that led to huge smoke … Read more

There is a war on illegal gambling taking place in the Philippines and the crackdown has already begun. In early February, President Duterte signed Executive Order No. 13 which reads “Strengthening the fight against illegal gambling and clarifying the jurisdiction and authority of concerned agencies in the regulation and licensing of gambling and online gaming facilities.” In … Read more

Having become quite the hot spot for gambling in the Asian region, the Philippines are getting a new gaming jurisdiction.  It will be launched in the Aurora province, located within the Aurora Pacific Economic Zone and Freeport Authority (APECO), which is in Luzon, the nation’s main island.  The Aurora province is underdeveloped economically, and this new gaming … Read more

Gambling has been used as a tool for money laundering for a very long time. The basic idea is that you have money that you don’t want people to know the source of, particularly government organizations. To facilitate that, you gamble with the money over several times, sometimes losing it to a confederate or at … Read more

Andrea D. Domingo, the recently appointed chairman of PAGCOR, has brought the issuing of online gambling licensed in the Philippines to a halt in response to concerns expressed by the nation’s new President Rodrigo Duterte. The President apparently was aware of the dramatic increases in e-bingo machines, internet gambling terminals and e-gaming cafes during the presidency … Read more