PAGCOR Separates Teams to Increase Control Over Gambling Operations

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PAGCOR Intensifies Crackdown on Illegal Online Gaming Websites

The Philippine Amusement and Gaming Corporation (PAGCOR) has made significant strides in its ongoing campaign against illegal online gaming, successfully blocking 5793 of the 7747 sites detected, which accounts for approximately 74.78% of the total identified. This was announced by Ret. Gen. Raul Villanueva, Senior Vice President of PAGCOR's…

Law ・ 17 July 2024

Asgam

PAGCOR says 5,793 illegal online gaming sites blocked

Philippine gaming regulator PAGCOR said Tuesday that it has detected a total of 7747 illegal online gaming sites, of which 5793 or almost 75% have already been blocked. As reported by the Inquirer, the update was provided by PAGCOR's Senior Vice President of Security Monitoring Cluster, Ret. Gen. Raul Villanueva, during an appearance at the Senate…

Industry ・ 17 July 2024

World Casino News

Pagcor to Launch Online Casino Brand by End of 2024

The Philippine Amusement and Gaming Corp (Pagcor) is targeting the launch of its own casino brand, casinofilipino.com, by the end of this year, according to Alejandro Tengco, chairman and chief executive of Pagcor. "We are already talking to our possible joint venture partner. In my mind, out of three companies that we've talked to, I already have…

Industry ・ 11 June 2024

AGB - Asia Gaming Brief

Lower licensing fee enhances competitiveness of POGOs

Speaking to AGB, Andy Jeon, COO of the remote slot solution provider Winn Tech, considers that the licensing fee set by the Philippines gaming regulator will enhance the competitiveness of POGOs. He notes that these operators "not only need to compete with land-based casinos but also with the grey market." Jeon indicates that online-based gaming…

Industry ・ 15 April 2024

Wild Casino

$5,000 Welcome Bonus

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European Gaming

2 PEOPLE CAUGHT OPERATING ILLEGAL ONLINE GAMING SITE

Twelve people suspected of involvement in illegal online gaming operations were arrested today, February 16, in an exclusive Parañaque City subdivision after a month-long surveillance, according to the Philippine Amusement and Gaming Corporation (PAGCOR). PAGCOR Chairman and CEO Alejandro H. Tengco said the arrests were made by the National Capital…

Incidents ・ 16 February 2024

iGaming Business

Pagcor CEO: Philippines gambling industry at pre-pandemic levels

Speaking over the weekend Tengco said the lifting of travel and movement restrictions has increased leisure, travel and entertainment activities. This, the Pagcor chief said, will help sustain the growth trajectory of the Philippines gaming industry for years to come. Like many other regions, the Philippines had to endure strict measures during the…

Industry ・ 06 November 2023

Reuters

Philippines gaming regulator bets on online casinos

MANILA, July 20 (Reuters) - The Philippine gaming regulator aims to take a slice of the lucrative online gaming market by launching its own e-gambling operations next year to grow its pool of customers and attract wealthy offshore gamblers, its chief said on Thursday. The Philippine Amusement and Gaming Corp (Pagcor), a gaming regulator and…

Industry ・ 20 July 2023

iGaming Business

Pagcor “seriously considering” selling casino business

Tengco said that - under his term of leadership - the business's management intended to spin off the corporation's casino business to a private bidder, lengthen the regulator's reach and continue building on the organisation's nation-building programmes. The Pagcor chief disclosed the organisation's plans at the opening of the ASEAN Gaming Summit…

Industry ・ 22 March 2023

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European Gaming

PAGCOR WARNS PUBLIC AGAINST PLAYING IN ILLEGAL ONLINE GAMBLING SITES

The Philippine Amusement and Gaming Corporation (PAGCOR) reiterates its call to the public not to patronize or engage in illegal online gambling to avoid being scammed, falling prey to identity theft and credit card fraud. Betting on illegal gambling activities is not only a criminal act; it also takes away from the government billions of pesos in…

Incidents ・ 29 December 2022

Journal Online

PAGCOR Warns Public Against Playing In Illegal Online Gambling Sites

The Philippine Amusement and Gaming Corporation (PAGCOR) reiterates its call to the public not to patronize or engage in illegal online gambling to avoid being scammed, falling prey to identity theft and credit card fraud. Betting on illegal gambling activities is not only a criminal act; it also takes away from the government billions of pesos in…

Incidents ・ 28 December 2022

Sigma

Philippines shuts 214 illegal Chinese offshore gambling firms

The Philippine Justice Ministry confirmed it plans to discontinue operations of all illegal Chinese offshore gambling companies and has begun deporting the first of approximately 400 detained Chinese workers. Justice Ministry spokesperson Jose Dominic Clavano was cited by media as saying this "crackdown was triggered by reports of murder,…

Covid ・ 21 October 2022

The Statesman

Stricter policy on casinos

Billionaire Enrique Razon Jr. is leading the venture around the area where the once prestigious Puerto Azul Golf and Country Club in the municipality of Ternate is located. In a disclosure to the Philippine Stock Exchange last week, Razon's Bloomberry Resorts Corp. said it had signed an agreement with landowners to acquire 279 hectares in the area…

Covid ・ 25 May 2022

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Upto Brain

The Growth of The Asian Online Betting Industry

Asia happens to be a topic of interest for gambling operators and other keynote industry players. This region which boasts most of the developed economies is home to about 60% of the world's population. Additionally, the region has been witnessing a lightning-fast-paced adoption of digital technologies. While Asia is a continent full of…

Industry ・ 14 May 2022

Casino News Daily

The Philippines’ luxury casino outlook is rosy but online ops have a slow recovery ahead

Revenue from online operators in the Philippines is expected to drop by half in 2022 while the overall gaming sector is expected to double, according to various reports and comments by Philippine gaming and government officials. While those numbers are almost a juxtaposition of other markets they make sense here as PAGCOR, the country's licensing…

Covid ・ 04 May 2022

World Casino News

Okada Manila starts soft launch of online gaming product

Tiger Resort, Leisure and Entertainment Inc, the operator behind the Okada Manila property, has announced the soft launch of iGaming in the Philippines. The soft launch period will take place for a short time before the company expects to be fully operational in the domestic market. Ready for Full-Time Operations The soft launch takes place close…

Industry ・ 18 April 2022

Casino News Daily

Clark casino co. surrenders provisional license to PAGCOR; Suspends build

PH Resorts Group Inc, in the Philippines has received permission to suspend their provisional license for The Base Integrate Resort which was scheduled to open in 2022 within the Clark Freeport Zone. The 4.4 hectare (10.87 acre) development site is situated within a 177-hectare broader development owned by the Udenna Group's Clark Global City. The…

Travel ・ 08 October 2021

Yogonet

Slotegrator's new report gives an overview on Asian markets in 2021

sian markets attract operators with their untapped potential, but the region is not an easy one to enter. Most countries have restrictive gambling and betting regulations, with only a limited number of enterprises legally allowed to operate. However, there seems to be a trend towards gradual legalisation. Many countries where gambling has long been…

Sports ・ 20 September 2021

Casino News Daily

Philippine President Lifts Boracay Casino Ban

In a policy U-turn, Philippine President Rodrigo Duterte has lifted a ban on casino operations on the resort island of Boracay, saying he needs money to "pay a lot of expenses and keep the government running." In a televised address, the Philippine's top official apologized for his change of heart on gambling on Boracay, but went on to note that he…

Covid ・ 30 August 2021

GGRAsia

Int Ent confirms Manila casino mgmt deal with Pagcor

Hong Kong-listed International Entertainment Corp says a cooperation agreement with the Philippine Amusement and Gaming Corp (Pagcor) - involving creating a management committe for the former's existing casino in Manila - is now in place. The company said in a filing on Monday it had been "recently notified" via a subsidiary regarding reception of…

Covid ・ 31 August 2021

Vegas Slots Online

‘Go Ahead and Gamble’ Philippine President Duterte Says

The historically anti-online gambling Philippine President Rodrigo Duterte has done a startling about-face in his stance on the subject, with Bloomberg reporting that gaming stocks have risen following his announcement earlier this week. "Go ahead and gamble" was the proclamation issued from Duterte's office on July 7. Bloomberg took to Twitter…

Covid ・ 10 July 2021

GGRAsia

Pagcor gets separate teams to monitor IRs, Internet gaming

The Philippine Amusement and Gaming Corp (Pagcor), that country's casino regulator, has told GGRAsia it now has two separate teams of officials in order to oversee respectively the land-based casino licensees and operators of online-based games. The move is part of recent organisational changes, the body stated. Pagcor had already mentioned in June…

Travel ・ 07 July 2021

Philstar Global

Pagcor taps e-sabong to shore up revenue

MANILA, Philippines - State gaming regulator Philippine Amusement and Gaming Corp. (Pagcor) is ready to tap revenues from online gambling on electronic cockfights, better known as online sabong or e-sabong, even as it complains of the pervasiveness of this type of gambling during the pandemic when many Filipinos depend on the internet. Andrea…

Finance ・ 07 May 2021

Manila Bulletin

BSP cautions banks against illegal online gambling

The Bangko Sentral ng Pilipinas (BSP) has issued an advisory warning banks and non-banks to be alert and detect clients or customers that are engaged in illegal online gambling and to report these activities to the proper government agencies including the central bank. BSP memo (Circular Letter No. CL-2021-012) reminded all BSP-supervised financial…

Law ・ 09 February 2021

Calvin Ayre

DFNN to offer online gambling to Philippine locals

Philippine electronic gaming operator DFNN has reportedly received the first online gambling license that will allow local residents - at least, those with deep pockets - to legally bet online. On Monday, Asia Gaming Brief broke the news that Philippine-listed DFNN was the first recipient of the new locals-focused online gambling licenses issued by…

Covid ・ 19 January 2021