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The Philippines plans to implement mandatory listing and taxation measures to promote transparency reforms in the online gambling industry.

The Philippines plans to implement mandatory listing and taxation measures to promote transparency reforms in the online gambling industry.

According to the "Inquirer", the Philippine government is considering requiring all licensed online gambling operators to list on the Philippine Stock Exchange (PSE) to enhance industry transparency and accountability mechanisms. Finance Minister Ralph Recto stated that mandatory listing would help

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The Philippines plans to enforce online gambling companies to go public and increase taxes, ushering in a regulatory storm for the industry.

The Philippines plans to enforce online gambling companies to go public and increase taxes, ushering in a regulatory storm for the industry.

The Philippine government is brewing major regulatory changes for the online gambling industry. According to Philippine media, authorities plan to require all licensed online gambling operators to be listed on the Philippine Stock Exchange (PSE) to enhance industry transparency and accountability me

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Bloomberry enters the online gambling market, with its stock price soaring nearly 24% in a week, sparking an investment frenzy.

Bloomberry enters the online gambling market, with its stock price soaring nearly 24% in a week, sparking an investment frenzy.

Philippine-listed casino operator Bloomberry Resorts has recently sparked a market sensation with the launch of its digital gaming platform MegaFUNalo, causing its stock price to surge over 23% in the past week. Data shows that the company was the most actively traded on the Philippine Stock Exchang

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PhilWeb formally declares: denies any contact with PlayTime regarding "backdoor listing"

PhilWeb formally declares: denies any contact with PlayTime regarding "backdoor listing"

Manila, March 25, 2024—Philippine listed company PhilWeb (PSE: WEB) today issued an official announcement through the Philippine Stock Exchange, explicitly denying any form of capital cooperation negotiations with the emerging online gaming platform PlayTime. This statement directly responds to rec

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Universal Entertainment halts plan to list TRELEI on the PSE

Universal Entertainment halts plan to list TRELEI on the PSE

The company has opted to sell shares in ABG to Premiumlands Corp.The Philippines.- Universal Entertainment, the parent of Okada Manilacasino resort, has said that its subsidiary Tiger Resort, Leisure and Entertainment (TRLEI) will not seek listing on the Philippine Stock Exchange (PSE). In a filing

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Okada Manila promoter drops backdoor listing plan for PSE

Okada Manila promoter drops backdoor listing plan for PSE

The parent of the Okada Manila casino resort (pictured), in the Philippine capital, has shelveda plan for a backdoor listing of shares in the company that runs the complex, according to a Friday filing.Philippines-based Tiger Resort, Leisure and Entertainment Inc (TRLEI) is responsible for the opera

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