Gross gambling revenue in the Philippines rose 46 percent in Q4 from the prior quarter, though was still sharply down on the year before, according to figures from the Philippine Amusement and Gaming Corp. (PAGCOR).
The Philippine Amusement and Gaming Corporation (PAGCOR) has reported that its income from gaming operations in the full year 2020 fell to PHP30 billion (US$624 million), down 60.4 percent year-on-year.
The Philippines’ decision to allow online gambling within its borders is a major step forward for igaming in Asia, but restrictions on operations mean it’s unlikely to be a game changer, at least initially.
As we close our final magazine of the year, I’d rather not focus on the doom and gloom wrought by Covid-19 and will instead look at how the pandemic has been a key catalyst for change in the gaming industry.
THE Philippine Amusement and Gaming Corporation (PAGCOR) has donated PHP350 million to the Southern Philippines Medical Center (SPMC) for the procurement of a machine used for cancer treatment.
Andrea Domingo, chair of the Philippine Amusement and Gaming Corp. (PAGCOR), speaks with Asia Gaming Brief managing editor, Sharon Singleton, about the introduction of licenses allowing online gaming to be offered to Filipino citizens for the first time.
DFNN has been awarded the rights for the first regulated online casino in the Philippines, as the country opens its doors to domestic online gaming.
The gaming industry in the Philippines generated PHP17.66 billion ($366 million) in Q3 despite severe restrictions, bouncing back from just PHP2.42 billion in Q2. Licensed casinos generated PHP15.03 billion of the total.
Much-needed aid reached thousands of families after the Philippine Amusement and Gaming Corporation (PAGCOR) delivered essential goods to Cagayan, which were recently devastated by floods brought by Typhoon Ulysses.
International Entertainment Corporation announced on Friday that it has gained a provisional license from PAGCOR to build its Manila IR. The license was delivered to...