Philippine Gambling News
Posted By admin On 15/04/22The Philippines Islands are quickly recognizing the value that legal gambling has brought to the region. With the benefits of an economic boost and increased tourism, the online and offline gambling industry is constantly expanding and evolving in the region. This section of our website is where you can stay up to date on the latest news and human interest stories related to legal casino gambling in the Philippines.
The Philippine central bank and the anti-money laundering body has been studying the scope of the online gambling industry to determine the effect on the economy if it stopped operating. The Philippines is banking on a steady stream of foreign high rollers to drive gambling revenue to a record this year even as it braces for greater competition from neighbours who want to cash in.
VIP gamblers account for 10-15% of annual casino revenue in the Philippines. Casino revenue naturally has been significantly down in 2020 because of extensive shutdowns and restrictions. For the first three quarters of the year, gross gaming revenue fell 60% to $1.5bn. Latest Casino and Gambling News, Tribal Gaming, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Licenses, Fines, Lawsuits & Litigation, North Carolina In the United States and a federal judge has reportedly agreed to expedite a lawsuit the Eastern Band of Cherokee Indian. When we look back at 2020, regardless of business or geographical location, this has been a year of unprecedented disruption, whether personal or work related, to everyone’s way of life.
We will include news concerning all aspects of the industry, focusing on both legal online casino gambling in the Philippines as well as the segment of the industry dedicated to brick and mortar casinos. Any shifts that take place in the legal landscape or laws of the Filipino gambling industry will be covered here as well to ensure you have access to the most current information at all times.
Philippines House Moves To Regulate Online Sabong Betting
Things are moving apace in the Philippines regarding the country’s shift to legalizing domestic online gambling. First, as we recently reported, the popular international betting district in Manila was able … Read more
Philippines Gambling Brand DFNN Leaps Over POGOs With New eGames License
The Asia Gaming Brief, an online gambling news site for the South East Asia region, is hosting a December 9 online forum, and PAGCOR CEO Andrea Domingo will be in … Read more
PAGCOR Approves Limited Domestic Online Gambling For Philippines Residents
Our previous article about the impending legalization or allowance of online gambling at domestic Philippine casinos asked the following headlining question: “Is The Philippines Government All In On Legal Online … Read more
Is The Philippines Government All In On Legal Online Casinos?
Philippines Online Gambling News
Well, it’s about time! As we’ve been saying for nearly a year now, the 2020 coronavirus pandemic has proved beyond a shadow of a doubt that the future for Philippine … Read more
The PBA Restarts On Election Day, And Philippine Gamblers Can Bet On Both
If you live in the Philippines – just like if you live anywhere else on the planet in 2020 – you’re probably following the US Presidential election, which will be … Read more
Betting Surprises Abound At Halfway Point Of 2020 Philippine Cup
Well, that didn’t take long. The 2020 PBA Season – reduced to just the Philippine Cup due to the impact of the Chinese coronavirus on the islands – is already … Read more
PAGCOR Losses Drive Support For Domestic Philippine Online Casinos
Philippines retail casinos have taken a real beating in 2020. Seriously, it’s like someone put them in a ring with Manny Pacquiao and expected them to go all 12 rounds. … Read more
2020 Philippine Cup Returns October 11 With NBA-Style Bubble Format
It’s official: The 2020 Philippine Cup is back in action! The 2020 PBA season tipped off on March 8, but the league was immediately benched after just a single game … Read more
The Great Manny Pacquiao Agrees To Fight MMA Legend Conor McGregor In 2021
Boxing GOAT and Philippine Senator Manny Pacquiao has accepted a megafight with MMA favorite Conor McGregor. Before the announcement, McGregor, the firebrand Irishman who already fought Pacquiao rival Floyd Mayweather, … Read more
Manila Casinos Back In Action As One Major Operator Stays Closed
Philippine Casino News
With land-based casinos in Metro Manila beginning to reopen at limited capacities per a Duterte Administration directive, PAGCOR-licensed venues are finally able to work toward recouping the tremendous losses incurred … Read more