The gambling industry in the Philippines has a certain scale in Asia. It has legal casinos, mainly concentrated in specific areas. Online gambling is also quite active, attracting some international players. However, online gambling has also bred illegal operations. While regulating legal gambling,
The Philippine government's heavy crackdown on offshore gaming operators (POGO) has indeed had an immediate effect—the large scam parks have significantly shrunk in the public domain. However, a regional financial regulatory report released by the Asia Pacific Group on Money Laundering (APG) in July
iGaming is often seen as a transaction-driven industry—where the life and death of partnerships often hinge on short-term performance indicators and bottom-line returns. However, more and more industry participants are recognizing that sustainable, mutually beneficial partnerships need to be built o
On July 13, the Philippine gaming sector witnessed a dark horse emerge. Well-known casino operator Bloomberry Resorts saw its stock price surge 22.11% on that day, jumping from the previous trading day's 1.90 pesos directly to 2.32 pesos, with an intraday peak increase of 24.2% reaching as high as 2
Taiwanese gaming equipment manufacturer Velvix Corporation recently took its first step into the Philippine physical casino market. The company signed a strategic cooperation agreement with Manila's LaVie Resort & Casino, initially deploying 16 units of its CurlX series electronic gaming machines, e
The Philippine Gaming Regulatory Commission is upgrading its anti-money laundering review from an administrative procedure to a risk management system that spans the entire lifecycle of a license. A recent analysis by legal consulting firm Arden Consult points out that this system, named "Integrity
The original developer of the Manila Entertainment City West Resort, Xintai Resort Holdings, is playing a card that is drastically different from the past. The company's CFO, Ye Haozhi, recently disclosed in a response to an inquiry from the Philippine Stock Exchange that Xintai intends to apply for
htmlThe Philippine gaming industry did not start well this year, but the international rating agency S&P has given a relatively optimistic forecast. On July 1, S&P credit analyst Zhang Fuluora released the latest industry research report, believing that the relaxed entry policy and the orderly reco
Hong Kong-listed Century Entertainment International Holdings recently disclosed its latest developments in the online gambling sector in the Philippines, progressing much faster than expected. The company, in partnership with local collaborator World Platinum Technologies Inc. (WPT), has officially
htmlThe Philippine online gambling industry is undergoing a structural reshuffle driven by tighter regulation and adjustments in payment links. According to the latest industry report by analyst Diego Cruz, since the implementation of the e-wallet entry adjustment in August 2025, several listed ope
The Central Bank of the Philippines has issued a regulatory document that has made the digital finance industry sit up straight. Through Notice No. 1237, the new rules officially released impose three stringent requirements on digital financial market platforms: raising the minimum capital threshold
The Philippine capital market witnessed a particularly intriguing investment this week—Lance Gokongwei, the helmsman of JG Summit Group, personally threw a whopping 2 billion pesos into the listed gaming technology company PhilWeb. The flow of this money was split into two parts: about 10% of common
htmlThe former mayor of Banban City, Philippines, Guo Huaping, has added another charge to her legal bill. The Office of the Ombudsman has recently officially charged her and 11 other defendants with corruption, the main charge being a violation of the Anti-Graft and Corrupt Practices Act (Republic
Some projects seem cursed from the start. The predecessor of the Manila Victoria Square Hotel—the Manila Pavilion Hotel—suffered a deadly fire on an ordinary night in March 2018, caused by aging wiring in the slot machine area. Six employees of the Philippine Amusement and Gaming Corporation (PAGCOR
Philippine digital entertainment giant DigiPlus Interactive Corp delivered a steady and progressive report card for the fiscal year 2025—annual revenue of 84.2 billion pesos, a 12% increase year-over-year. However, more noteworthy than the figures themselves was the management's first decision upon
The permanent ban on Philippine POGO has been in place for over a year, but the cross-border scam gangs that once depended on the gambling parks have not completely withdrawn. They have switched to a more covert method—dismantling large teams, abandoning large parks, and hiding in civilian residence
Philippine Senator Risa Hontiveros officially launched her 2028 presidential campaign last weekend. The curtain was raised by a grassroots mobilization event called "Aton Ini! Risa for 6," spontaneously initiated by over 1500 supporters, widely regarded as her formal entry into the presidential race
