Former Mayor (Bamban, Tarlac Province) Alice Guo was recently charged with 62 counts of money laundering in connection to a Philippine Offshore Gaming Operator (POGO) site that she partially owned. Guo was charged alongside 31 others for her part in the operation. Last March, Philippine authorities raided the facility and discovered evidence of an online … Read more 2wn1c
Fontana Leisure Park and Casino, a well-known establishment in the Clark Freeport Zone in the Philippines, was recently forced to shut down. The Clark Development Corporation (CDC) implemented this action due to significant legal and regulatory issues. The closure marks a pivotal moment in the region’s gaming and leisure industry, raising questions about compliance, ability, … Read more
The Philippines has been a hub for online gambling operations since 2016, attracting foreign investors and workers due to favorable regulatory frameworks and competitive labor costs. The online gaming industry, often called Philippine Offshore Gaming Operators (POGOs), contributed significantly to the country’s GDP, tax revenues, and employment rates. However, recent legislative changes have led to … Read more
The Philippine government has intensified its efforts to shut down the largest Philippine Offshore Gaming Operator (POGO) hub in Cavite. This significant action emphasizes the government’s resolve to ban illicit gambling. The POGO hub in Cavite, one of the most extensive facilities of its kind in the Philippines, served as a focal point for offshore … Read more
The Philippine gambling industry is projected to exceed US $6 billion in revenue for 2024. The Philippine Amusement and Gaming Corporation (PAGCOR) chairman, Alejandro Tengco, told reporters, “Our GGR for the year is over 350 billion pesos.” Despite regulatory crackdowns on Philippine Offshore Gaming Operators (POGOs), the gambling industry has exceeded expectations and is on … Read more
The $1.1 billion integrated hotel and casino project by SunTrust Resort Holdings in Manila’s Entertainment district is facing a significant delay. Initially planned for completion in late 2024, the revised timeline now targets completion in the fourth quarter of 2025. SunTrust Manila is poised to be a key player in the Philippines’ booming gaming and … Read more
The Philippines is gearing up for the crucial final hearings on the probe into the Philippine Offshore Gaming Operators (POGO) program. These hearings hold the promise of unveiling the true role of the alleged criminal culprits, a significant development that will keep the public informed and engaged. Today, there is a Senate hearing where POGOs … Read more
The Philippine casino industry has long been vital to the nation’s economy, generating revenue for other public services. Regulated by the Philippine Amusement and Gaming Corporation (PAGCOR), the gambling industry is poised for a transformative era as privatization is now in motion. PAGCOR operates under a dual mandate: regulating private gaming establishments and managing government-owned … Read more
The Philippine online gambling market reached new heights in Q3 2024, with a total revenue increase of approximately 12% compared to last year. The Philippine Amusement and Gaming Corporation (PAGCOR) recently released revenue reports that indicated that online or iGaming revenue has increased 465% from the previous year. The iGaming market in the Philippines consists … Read more
Inspector General Krishna Murti, head of international relations for Indonesia’s National Police, has confirmed that 569 Indonesians have been arrested in the Philippines. The arrests stem from an illegal online gambling raid at the Tourist Garden Hotel in Lapu-Lapu City. Murti stated, “They are not part of the victims of the human trafficking, but they … Read more