The Philippines is pushing on with efforts to develop its domestic online gambling market, with the regulator recently tweaking rules to lift a restriction on only accepting bets from VIP players.
Bloomberry Resorts said Solaire Resort & Casino's Q2 gross gambling revenue fell 18%, but the company was EBITDA-positive due to cost cutting and high hold.
We're very excited to finally be able to start preparing for the return of the ASEAN Gaming Summit, which will run on March 22-23, 2022 at Shangri-La Manila, Philippines. This will be an in-person conference aimed at convening Asia's leading land-based and online gaming and wagering executives.
Jade Entertainment and Gaming Technologies (JADE) takes sports betting to new heights. With the recent development of remote gaming here in the Philippines, JADE, will be one of the few platform service providers accredited by the Philippine Amusement and Gaming Corporation (PAGCOR) to offer a remote gaming experience to local players.
Belle Corp. said its 2Q revenue rose 27 percent, mostly powered by its share in income from Manila's City of Dreams resort.
Solaire Resort and Casino says all employees who are rostered for day-to-day operations have been fully vaccinated, as Manila's IRs work toward herd immunity.
PAGCOR announced it had remitted P2 billion to the National Treasury, bringing its total cash dividend contributions to P5 billion.
Philippine President Rodrigo Duterte wants to ensure that officials who accepted bribes in return for preferential immigration treatment for Chinese nationals working in Philippines Offshore Gaming Operators (POGOs).
The Metro Manila area will be placed under lockdown until at least August 20th to prevent the spread of the Delta variant, which was first detected on July 20th.
The Philippines Amusement and Gaming Corp (PAGCOR) has announced a near 20 percent drop in income from gaming operations in H1 as the Covid pandemic forced the closure of properties.