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2 days ago

PH Office Leasing Market Expanded By 4% Despite POGO Ban

A report shows that the Philippine office leasing market expanded by 4% despite the ban on Philippine Offshore Gaming Operators (POGOs). ...

Macau Launches Digital Currency; May be Linked to RMB, HKD

2 days ago

Industry Updates

Macau Launches Digital Currency; May be Linked to RMB, HKD

Macau hopes that its e-MOP prototype will be used to connect the digital Macau Pataca with the digital renminbi and the digital Hong Kong...

PAGCOR Partners with SMC for New Headquarters

2 days ago

Industry Updates

PAGCOR Partners with SMC for New Headquarters

PAGCOR will get a new 40,000 sqm. headquarters near the airport, thanks to a 25-year lease with San Miguel Corporation. San Miguel...

Online Gaming Now PH Largest Gaming Tax Contributor

3 days ago

Industry Updates

Online Gaming Now PH Largest Gaming Tax Contributor

A report by Morgan Stanley showed the Philippine government collected US$490 million in taxes from the online gaming sector in the third...

Macau Gaming Tax Revenue Hits $1 Billion in November 2024

3 days ago

Industry Updates

Macau Gaming Tax Revenue Hits $1 Billion in November 2024

Gaming tax revenue for the first 11 months of 2024 hit MOP81.04 billion ($10.12 billion), up 37.2% year-on-year, per the Financial...

IACAT Notes "Absence of Provision" for Seized POGO Properties

6 days ago

Industry Updates

IACAT Notes "Absence of Provision" for Seized POGO Properties

53,700 POGO licenses had been canceled as of November 29, 2024, with 18 internet gaming licensees voluntarily surrendering their permits....

POGOs Brought in P166.49 Billion According to Dept of Finance

Dec 12

Industry Updates

POGOs Brought in P166.49 Billion According to Dept of Finance

According to the DOF, the economic costs of POGOs amount to a total of P265.74 billion, which outweighs the supposed benefits amounting...

POGO Exodus Leaves 274,000 sqm of Office Space in 2024

Dec 12

Industry Updates

POGO Exodus Leaves 274,000 sqm of Office Space in 2024

Philippine Offshore Gaming Operators (POGOs) vacate 274,000 square meters of office space in 2024, mostly in the last two months, due to...

Exec Says Macau “No Longer Dominated by Gaming Industry”

Dec 12

Industry Updates

Exec Says Macau “No Longer Dominated by Gaming Industry”

Ho Iat Seng, the former Chief Executive of Macau, says he wants people to not just see Macau "as a destination for casino gaming."...

PAGCOR Projects P350 Billion GGR by End of 2024

Dec 11

Industry Updates

PAGCOR Projects P350 Billion GGR by End of 2024

PAGCOR said that from 298 online gambling hubs operating in the Philippines, this number has been reduced to 13 as of November 30, 2024....

Thais “Polarized, Skeptical” About Casino Push: Study

Dec 5

Industry Updates

Thais “Polarized, Skeptical” About Casino Push: Study

Thailand may need to address some legal challenges before legitimizing casinos in entertainment complexes, according to a November 2024...

WHO Urges Stricter Measures for Gambling Regulation

Dec 4

Industry Updates

WHO Urges Stricter Measures for Gambling Regulation

The World Health Organization criticized pro-gambling advocates who oversell the industry’s economic benefits while downplaying its...

Pronet Gaming sets its sights on ICE Barcelona 2025

Dec 3

Industry Updates

Pronet Gaming sets its sights on ICE Barcelona 2025

Pronet Gaming, a leading iGaming platform provider, proudly announces its participation in ICE 2025, set to take place from 20 to 22...

Prosecutor to take over Japan’s casino commission anew

Dec 3

Industry Updates

Prosecutor to take over Japan’s casino commission anew

A prosecutor is set to be appointed into Japan’s casino regulatory commission, ahead of Osaka’s first integrated resort casino in late...

S. Korea’s Kangwon Land to Invest $128M in Expansion

Dec 3

Industry Updates

S. Korea’s Kangwon Land to Invest $128M in Expansion

South Korea's sole casino open to domestic players unveiled plans to invest $128 million for its expansion project. Kangwon Land, South...

Vietnam's Christmas Present? Curbs on Online Casino Games

Dec 3

Industry Updates

Vietnam's Christmas Present? Curbs on Online Casino Games

Decree 147, which comes into effect on Christmas day, December 25, will prohibit online casino-like games in Vietnam. Vietnam is set to...

Macau Casino Revenues Up 15% to $2.3 Billion in Nov 2024

Dec 2

Industry Updates

Macau Casino Revenues Up 15% to $2.3 Billion in Nov 2024

Macau casinos reported MOP18.438 billion (US$2.3 billion) in gross gaming revenues (GGR) for November 2024, a 14.9% year-on-year...

New Slots to Operate in Casino Filipino Venues by Mid Dec

Nov 28

Industry Updates

New Slots to Operate in Casino Filipino Venues by Mid Dec

PAGCOR CEO Alejandro Tengco says their Casino Filipino venues could generate as much as P50 billion (US$847.8 million) when the...

PAGCOR Seeking Partner for Online Casino Launch in 2025

Nov 27

Industry Updates

PAGCOR Seeking Partner for Online Casino Launch in 2025

PAGCOR aims to find a joint venture partner for its online casino brand, casinofilipino.com, by early Q2 2025 through a procurement...

Office Market Registers Negative Net Take-up After POGO Ban

Nov 26

Industry Updates

Office Market Registers Negative Net Take-up After POGO Ban

In Q3 2024, the office market of Metro Manila saw a decline in net take-up, the first negative quarter since Q4 2021, driven by POGO...

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