Philippines Approves Two Boracay Casinos To Boost Gambling Revenues

boracay at night

As in 2020, the coronavirus lockdowns in the Philippines have put a serious hurting on domestic casino revenues. That said, because the nation learned from the pandemic’s economic impact over the last 18 months, the financial downturn prompted by this year’s Metro Manila lockdowns has been markedly less dramatic. Last year, revenues compared year-over-year were … Read more

PIGOs To Be Tested As Manila Casinos Undergo New Quarantine

new august 2021 philippine covid lockdown in manila

After a tumultuous 2020 that saw the Philippines casino industry brought to its knees, the first half of 2021 saw a return to normalcy for the nation’s brick-and-mortar gambling market. But lessons learned during the pandemic – particularly re online casino gambling and sports betting and why both need to be conveniently accessible to combat … Read more

This Week In Philippines Gambling: The Good, The Bad, And The Ugly

philippines gambling good bad ugly

For the domestic gambling industry, it’s been an interesting couple of weeks in the Philippines. There are three major stories of note concerning the gaming landscape in the island nation, with some good news and some bad news. The Good Starting off with the good news, PAGCOR – the Philippine Amusement and Gaming Corporation – … Read more

Hong Kong Company Invests In Manila Casino Development

suncity manila casino

For the last several months, tensions have flared between China and the Philippines, with the former asking the latter to halt its online casino industry. Calls from inside the Philippines also supported a groundswell of change to the Filipino gambling community, with various lawmakers seeking to privatize and tax state-owned casinos. While neither initiative seems … Read more

Nearing The End Of Gaming In The Philippines

President Duterte Sunglasses

The discussion to end gaming in the Philippines has been long but we may finally see the result of these talks. Philippine President Rodrigo Duterte has expressed ending the development of more casino resorts following his instructions given to PAGCOR to crack down on illegal gambling and switch gears from operator to becoming solely a … Read more

Philippine State-Owned Casinos Rake In $1.3 Billion For 2018

PAGCOR casino during the day

For 2018, state-owned casinos have reportedly earned $1.3b last year to end the year with an 18% increase from 2017.  The Philippine Amusement and Gaming Corporation (PAGCOR) currently operates eight casinos and 34 satellite gaming outlets. PAGCOR is also the sole regulator for most of the Philippines excluding the Cagayan Special Economic Zone which services … Read more