Philippines
The Philippines hit a record in 2024, reporting PHP410 billion ($7.16 billion) in gross gambling revenue (GGR), marking a 24.6% increase when compared to 2023.
According...
Philippines’ Central Bank to restrict gambling transactions
The central bank of the Philippines, the Bangko Sentral ng Pilipinas (BSP), has introduced new policy recommendations that could limit gambling-related services in the...
Warning: Fake PAGCOR website targets license applicants
The Philippine Amusement and Gaming Corporation (PAGCOR) warns of fake websites that claim to offer gaming licenses and accreditations.
Launched on February 22nd, the...
Philippine Senator calls for tighter cryptocurrency rules
Philippine Senator Sherwin Gatchalian is pushing for stricter regulations on cryptocurrency use by filing a Senate Resolution.
Sherwin Gatchalian finds serious threats in...
PAGCOR reports a record of $1.91B for 2024 revenues
The Philippine Amusement and Gaming Corp. (PAGCOR) reported 2024 revenues of US$1.91 billion, highlighting an increase of 40.7% when compared to 2023.
Before 2024, the...
Philippines to welcome 2025 without POGO operations
The Philippine government is taking a significant step against offshore gaming by cracking down on all Philippine Offshore Gaming Operators (POGOs) by December 31.
The...
Philippines reports strong Q3 with $1.61B
The Philippine Amusement and Gaming Corporation, PAGCOR, shared the country's gambling sector's Q3 results, highlighting the rise of its GGR by 37.5%, driven mostly by...
Philippines president declines permanent POGO ban law
After deciding to ban all POGO operations, the president of the Republic of the Philippines decided not to support the transformation of the ban into a permanent law.
...
Philippines to enforce total POGO shutdown by the year-end
The newly appointed Interior Secretary, Jonvic Remulla, will ensure the complete shutdown of all Philippine Offshore Gaming Operators (POGOs) by the end of the year.
After...
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