Philippines

Pagcor Chairman Unveils Plans to Reduce E-Games Tariffs, Boosting Philippines’ Gaming Investment Appeal

In a move aimed at fostering industry growth and attracting more investment, Alejandro Tengco, chairman and CEO of the Philippine Amusement and Gaming Corp (Pagcor), revealed plans to reduce once again the rate...

Solaire Resort North: Bloomberry Unveils $1 Billion Casino Complex in Quezon City, Aiming to Boost Local Tourism

Bloomberry Resorts Corp, a prominent name in the Philippines' gaming industry, debuted its latest venture, Solaire Resort North, on Saturday, situated in Vertis, Quezon City, just north of Metro Manila. This ne...

Quezon City Mayor Bans Government Employees from Soon-to-Open Solaire Resort North Casino Over Conflict of Interest

The mayor of Quezon City, Josefina Belmonte, has declared that all city government officials and employees are strictly forbidden from entering the forthcoming Solaire Resort North casino. This establishment is...

Wazdan Expands Reach with Filipino Market Entry, Boasts EGR North America Awards Nominations

Celebrated game developer Wazdan ventures into the vibrant Filipino market through a strategic partnership with SG8, a prominent operator renowned for its diverse offerings. A total of 46 Wazdan titles, includi...

Philippine Gaming Industry Hits Record High: Q1 Revenues Surge to PHP81.70 Billion, E-Games Sector Leads Remarkable Growth

The Philippine Amusement and Gaming Corporation (PAGCOR) has unveiled impressive figures, revealing that the country's gross gaming revenues (GGR) for the first quarter of the year surged to PHP81.70 billion ($...

PAGCOR’s Gaming Revenue Hits All-Time High in Q1 2024

The Philippine Amusement and Gaming Corp. (PAGCOR) revealed on April 28 that it managed to hit an all-time record in gaming revenue of Php25.24bln, roughly US$437m, for the 3-month period leading to March 31 of...

Philippine Senator Files Proposal to Ban POGOs over Human Trafficking Concerns

Philippine Senator Risa Hontiveros has called on the country's legislature to immediately ban Philippine Offshore Gaming Operations, known as POGOs, over human trafficking concerns allegedly raised after the re...

Okada Manila Reports 24% Revenue Decline In Q1 2024

Tiger Resort Leisure and Entertainment Inc, the Okada Manila casino resort operator, reportedly revealed the resort's financial result for the first quarter of 2024. According to the operator's filings made on ...

Newport World Resorts Hits Newest Yearly High in GGR for 2023; Non-Gaming Income up 40%

It was recently revealed that Newport World Resorts managed to reach the newest yearly high in terms of gross gaming income collected for the previous year, surpassing PHP34.2bln, which is roughly $600.38m. Add...

Melco International Records a Loss of HK$1.74 Billion in 2023, Narrowed from $5.11 Billion

Macau’s concessionaire Melco Resorts & Entertainment’s parent company, Melco International Development Ltd, reportedly lost HK$1,74 billion (US$222 million) in 2023. The loss is attributable to the owners. ...

Bloomberry Resorts Corp Ends Dispute with GGAM by Signing US$300m Settlement Agreement

Bloomberry Resorts Corporation, owner of Solaire Resort, revealed that it has managed to reach a settlement agreement in its 10-year legal dispute with previous ally Global Gaming Asset Management (GGAM) Philip...