Philippine Casinos Face Counterfeit Currency Issue

Fake US Currency

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

2019 Q1: Philippine Casinos Revenue Results

PAGCOR Q1 GGR Casinos

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

Casino Projects Start Back Up Again

Philippines Clark City Casinos

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

Duterte Finally Backs Off: Gambling To Rise Again

President Duterte Gives up

After years of Philippine President Rodrigo Duterte’s harsh stance on gambling, it seems the politician has had a change of heart – conveniently just before the elections. The usually fiery Philippine President has announced a change in policy towards gambling. In a recent statement, the President declared during a campaign on May 11th, 2019 that … Read more

Duterte On the Fence About Gambling

Philippine President

Since Duterte has taken office in 2016, he has waged war on gambling in the Philippines – but where have these efforts taken the country since he has changed his mind several times. Philippine President Rodrigo Duterte has written specific laws since his first year in office to investigate and crack down on illegal gambling … Read more

Philippine Casino Regulatory Agency Ordered To Give License

Waterfront Philippines Inc Casino License

After Philippine President Rodrigo Duterte announced his desire to cut down domestic gambling options, a Court of Appeals judge granted one venue its casino license regardless. The Waterfront Philippines Inc. applied for a casino license in Manila’s Entertainment City gaming zone nearly 10 years ago. However, their application was denied by PAGCOR despite meeting various … Read more