Philippines restricts high rebates for online gambling, is the era of major platforms subsidizing to attract players coming to an end?

The Philippine gaming regulatory body PAGCOR recently issued a memorandum tightening the Cash Rebate and Cashback policies for licensed electronic gaming operators. This document specifies the rebate cap, approval process, and accounting requirements.According to the new regulations:1⃣ Based on turn

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Philippines restricts high rebates for online gambling, is the era of major platforms subsidizing to attract players coming to an end?

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Philippines restricts high rebates for online gambling, is the era of major platforms subsidizing to attract players coming to an end?

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Philippine online gambling revenue hits a new high, surpassing physical casinos for the first time.

PhilWeb makes another move, establishing a B2B partnership with Newport World Resorts.

Belgium's gambling market sees its first decline in 2024, with tighter regulation being the main cause.

Entain closes 39 Ladbrokes stores in Ireland, affecting 226 positions.

Belgium's gambling market sees first decline post-pandemic, with revenues falling in 2024.

New Jersey's gambling revenue exceeded $520 million in February, with online growth of 21.2% reaching a new high.

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Philippines 2025 gaming total revenue declines by 5.1%, online business becomes the mainstay.

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New Jersey's gambling revenue increased to $636.2 million in November.

The ban on real money games in India leads to a $840 million asset write-down, shaking the industry.

Solaire Group Q3 net loss of 1.7 billion pesos due to online gambling hit by e-wallet ban