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The online gambling industry in the Philippines is undergoing a significant transformation. The latest industry analysis shows that among the 64 operators holding official remote gambling licenses in the country, only about one-third are maintaining stable profitability, while the rest face challeng
On July 17, 2024, the Philippine Amusement and Gaming Corporation (PAGCOR) opposed the Senate bill aimed at banning online gambling, citing reasons Yes this can result in significant revenue losses. During a recent Senate hearing, PAGCOR President and CEO Alejandro Tengco noted the financi
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