The Philippine Amusement and Gaming Corporation (PAGCOR) announced its financial report for the first half of 2025, with total revenues reaching 59 billion pesos, a 14% increase year-on-year; net income jumped significantly by 64.3%, reaching 10.8 billion pesos. This performance once again consolida
The Philippine gaming regulatory body PAGCOR released data on July 29th, showing that the national gaming revenue reached 214.75 billion pesos (approximately 3.75 billion US dollars) in the first half of 2025, a 26% increase year-over-year, setting a new historical high. Among them, online gaming (e
Philippine local business giant, Alliance Global Group Inc. (AGI), the parent company of Resorts World Manila, recently submitted a statement to the Philippine Stock Exchange, revealing plans to build integrated resorts (IR) in Boracay and Cebu, with a total investment that could reach up to 2 billi
Filipino-Chinese entrepreneur and President of AGI Alliance Global Group, Kevin Tan, recently announced an investment of nearly $2 billion in Boracay and Cebu to build two world-class integrated resorts featuring luxury hotels, casinos, and large entertainment facilities, aiming to transform these p
The Philippine Amusement and Gaming Corporation (PAGCOR) recently released data showing that the total gaming revenue (GGR) for the first half of 2025 reached 215 billion pesos, with integrated resort casinos contributing up to 93.36 billion pesos, accounting for about half. These casinos also broug
As the Philippine legislature accelerates the push for a comprehensive ban on online gambling, industry turmoil continues to intensify.Alex Czajkowski, a seasoned gambling consultant and CEO of Players Today, recently warned that a total ban on online gambling would be a "fatal mistake," not only un
The Philippines' crackdown on illegal online gambling continues to escalate. Recently, officials publicly warned that some unlicensed online gambling platforms are manipulating data and defrauding players, causing significant financial losses to many victims. These platforms often operate under the
If you are now standing on the streets of Manila, looking at the once brightly lit office buildings, you might feel an inexplicable chill.This place was once the starting point of countless dreams of striking it rich, with hot money flowing and sleepless nights. Now, with dark floors and idle air co
Recently, news from Manila has revealed that the once-declining gambling industry in Kamidi is quietly preparing a "restart" plan, attracting widespread attention from the industry and the public. Insiders have disclosed that the entire Kamidi has been taken over by specific interest groups and is c
Hong Kong-listed LET Group recently released its annual financial report, announcing a significant adjustment to its asset structure, focusing entirely on the Philippine gaming industry, especially the LETX integrated resort project in Manila's "Westside City".The chairman of the group's board, Luo
The Philippine gaming regulatory body Pagcor has announced that the revenue from online gambling (e-gaming) in the first quarter of 2025 continued to surge, reaching 51.39 billion PHP, accounting for 28% of the total gaming revenue—online revenue has nearly reached the total annual amount of 2023, b
Facing the increasingly high calls for a comprehensive ban on online gambling within the Philippines, local gambling law expert Marie Antonette Quiogue calls for rational legislation, emphasizing that "banning gambling is not the solution," and advocates for intelligent regulation to combat illegal
The Philippine Amusement and Gaming Corporation (PAGCOR) recently officially responded to the legislative proposal to completely ban online gambling, clearly stating that it will fully support and comply with the regulations. This move is seen as an important signal of a policy "emergency brake" fac
The Philippine Amusement and Gaming Corporation (PAGCOR) issued an urgent notice on June 29, sternly condemning a group of illegal online gambling platforms that forge licenses and impersonate official operations. These platforms have not obtained any legal authorization but still brazenly use the P
Philippine Offshore Gaming Operators (POGO) began in the Cagayan Special Economic Zone in 2003, initially as a policy experiment modeled after European practices. Cagayan, relying on the "RA 7922 Act," gained licensing autonomy and attracted a large number of Chinese-funded platforms. The basic logi
The Philippine online gambling industry continues to develop, with domestic gambling operators (PIGO) striving to bridge the gap between physical and digital channels to fully unleash brand potential. Veteran in the gambling industry, Joe Pisano, noted that although online channels have broken geogr
