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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...
Nov 27, 20243 min read
71


Office Market in Metro Manila Hits Negative Net Take-up After POGO Ban
In Q3 2024, the office market in Metro Manila saw a decline in net take-up, marking the first negative quarter since Q4 2021, driven by...
Nov 26, 20244 min read
143


Gaming Industry in Macau Accounts for 38.8% of Structure
The gaming industry in Macau saw a 355% increase in gross value added (GVA), while the hotel sector registered an 88.1% rise in GVA,...
Nov 26, 20242 min read
93


Japan Pachinko Industry Projected to Decline Until 2028
The Japan Pachinko Industry is projected to shrink by 2028, with parlors dropping to 5,900 and machine units declining to around 3.08...
Nov 26, 20242 min read
33


Central Luzon 2023 GRDP Up 6%, Pushes to Veer Away From POGOs
NEDA Regional Director states that the POGO ban presents an opportunity for Central Luzon to shift investments towards productive sectors...
Nov 21, 20243 min read
52


Energy Firms Projected to Lead Initial Public Offerings in 2025
Okada Manila and Hann Resorts are among the initial public offerings (IPOs) lined up for 2025, says Deloitte Singapore. Financial...
Nov 20, 20244 min read
102


House Bill No. 10987 Approved to Ban POGOs in the Philippines
The House of Representatives Committee on Games and Amusement approved House Bill No. 10987 or the Anti-Offshore Gaming Operations Act....
Nov 20, 20243 min read
31


Macau GDP Grows 4.7% in 2024 Q3, Driven by Gaming Exports
Macau GDP grew 4.7% year-on-year in real terms in the third quarter of 2024, with exports of gaming services up 11.2% from a year...
Nov 19, 20243 min read
131


PAGCOR Sends 21K Packages to Typhoon Ofel Victims in Luzon
PAGCOR distributed over 21,000 relief packs to residents affected by Typhoon Ofel in Apayao, Cagayan, Isabela, and Pagudpud, Ilocos...
Nov 19, 20243 min read
15


DigiPlus Responds To Report On Buying Casino Plus
DigiPlus clarified it has no definitive plans at this time to acquire competitor Casino Plus, addressing speculation and reaffirming its...
Nov 19, 20242 min read
154


DigiPlus eyes acquiring CasinoPlus: Report
DigiPlus is reportedly setting its sights on acquiring CasinoPlus in a move that could significantly reshape the Philippine online gaming...
Nov 18, 20242 min read
127


PH Electronic Gaming Sector GGR Hits ₱94.61B in Q3 2024
PAGCOR says the electronic gaming sector drove 2024 Q3 growth, with revenues surging over five-fold to P35.71 billion, up from P6.32...
Nov 15, 20243 min read
35


Macau Forecasts $29.7 Billion in Gaming Revenue for 2025
The Macau government forecasts 2025 gross gaming revenue to reach MOP240 billion ($29.7 billion), signaling continued recovery in gaming...
Nov 15, 20243 min read
43


Philippine POGO Ban Leads to Global Spread of Illegal Betting
A recent study highlights how the POGO ban in the Philippines has led to the spread of illegal betting operations to new regions. A...
Nov 13, 20244 min read
10

Metro Manila Office Vacancy Rate Hits 20-Year High
Metro Manila's office vacancy rate hit 18.2% by Q3 2024, the highest in 20 years, driven by shifting office space needs & POGO ban, says...
Nov 7, 20244 min read
134


PH Condo Vacancy Rate Increase
PH condo vacancy rates in Metro Manila rose in Q3 2024, partly due to Chinese nationals leaving ahead of the POGO ban, says Colliers...
Nov 5, 20244 min read
21


NBI Raids Alleged Hub of Lapu-Lapu City POGO Boss
Authorities conducted a second raid inside the Philippine Offshore Gaming Operator (POGO) hub in Brgy. Agus, Lapu-Lapu City. A search...
Oct 25, 20242 min read
7


Guidelines Could Cut FATF Grey List Countries In Half
Global AML watchdog FATF announces major changes to criteria for placing countries on its "grey list" of nations under increased...
Oct 21, 20243 min read
9


Macau Government Reaffirms Stance Vs. Online Gaming Concessions
The Macau government confirms it has no plans to issue public concessions for online gaming, reinforcing its strict stance on regulating...
Oct 21, 20242 min read
97


Sam Hou Fai Elected Macau Chief Executive Amid Calls for Change
Sam Hou Fai elected Macau's next chief executive with 394/398 votes, marking a shift from tradition as the first leader born in mainland...
Oct 15, 20243 min read
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