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 ed 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 1x6y6r
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
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
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
Quezon City recently attempted to place a local ordinance restricting gambling but PAGCOR has stepped in to make things clear. Quezon City Vice Mayor Joy Belmonte attempted to push a new ordinance which would require residents to pay fees to enter a soon to be built casino. It is said this was done in an … Read more
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