Search Results for: philippine industry
Pagcor passes US$117mln in dividends to national treasury
April 12, 2022
The Philippine casino regulator says it has passed on PHP6 billion (US$116.8 million) to the country’s treasury. The Philippine...
Gaming Sites Across Southeast Asia Targeted by Chinese-Speaking Hackers
March 25, 2022
Gaming-related companies across Southeast Asia are under attack. Hackers, reportedly out of China, are targeting operations in th...
E-sabong Addiction ‘Forces’ Woman to Pawn Her Child to Repay Debt
March 17, 2022
E-sabong has long been one of the most popular activities in the Philippines and the pandemic really highlighted the need for mor...
PH NFT developers seek gov’t tax regulation
March 16, 2022
Filipino developers and players in the rapidly growing NFT (non-fungible tokens) agreed that the industry must be regulated, incl...
Melco Resorts & Entertainment: Returning Consumers May Begin A Recovery
March 10, 2022
SummaryThe Covid-19 pandemic and ensuing lockdown wreaked havoc on the resorts and casinos industry.
With the return of the pr...
Pogo sector poised for comeback
February 7, 2022
The Philippine offshore gaming operator (Pogo) industry may soon stage a comeback after a two-year slump, now that local tax regu...
Pagcor posts net income down 87% to $3.9M in 2021 amid pandemic restrictions, POGOs closures
February 2, 2022
PAGCOR -the state-run Philippine Amusement and Gaming Corporation- has posted net income down nearly 87% to P203.6 million ($3.9 ...
Asia’s Junket Decline Leaves Singapore IRs Facing Battle to Retain Premium Mass Players
January 19, 2022
The decline of the Asian junket industry could negatively impact Singapore’s integrated resorts with Marina Bay Sands (MBS) and...
Everything you need to know about making money from NFTs
January 7, 2022
NFTs continue to take the crypto world by storm, their impact and applications to the various industries are yet to be fully real...
Rich Goldman Announced Solaire Profit Sharing Agreement Void
January 4, 2022
Rich Goldman Holdings, a company involved in junket operations as part of its leisure and entertainment business, announced in a ...