By earning a Level 3 Accreditation for the Responsible Gaming Framework from the World Lottery Association (WLA), the Philippine Charity Sweepstakes Office (PCSO) solidified its position as a world-class gaming institution, becoming the first in the Philippine gaming industry to do so. According...
The Philippines is rolling the dice on a sweeping visa waiver for Chinese nationals, a move designed to revive its gaming and tourism ecosystem, which has remained stuck in a post-pandemic slump. While the policy shift triggered an immediate, optimistic spike in local equities, the path to a...
PH Resorts Group Holdings Inc., the gaming arm of embattled businessman Dennis Uy, is exploring a total pivot of its business model after losing its casino license and warning investors of a cash crunch that threatens its survival. The company confirmed in a regulatory filing on Monday, Dec. 22,...
PH Resorts Group Holdings Inc., the gaming firm led by Davao-based tycoon Dennis Uy, terminated partnership talks with EEI Corp. after the government’s gaming regulator revoked the license for its stalled casino project in Cebu. In a disclosure to the Philippine Stock Exchange on Thursday, Dec....
The Philippine gaming sector’s high-speed growth was decelerated sharply in the third quarter, with industry-wide gaming revenue (GGR) plateauing at ₱94.51 billion, a nominal decline from ₱94.61 billion a year earlier. In a statement on Tuesday, Nov. 11, Alejandro H. Tengco, Pagcor chairman...
Online gaming firm DigiPlus Interactive Corp. saw its third-quarter profit plunge after new government regulations forced e-wallet providers to cut off in-app access to licensed gaming platforms.
In a disclosure to the Philippine Stock Exchange, DigiPlus reported a 59 percent drop in net income...
State-run Philippine Amusement and Gaming Corp. (Pagcor) reported a 49 percent increase in net income for the first nine months of the year to ₱14.32 billion from ₱9.63 billion in the same period last year. In a statement on Monday, Nov. 3, Pagcor Chairman and Chief Executive Officer Alejandro...
The Philippine Charity Sweepstakes Office (PCSO) is intensifying its campaign against illegal betting in the country while reaffirming its commitment to responsible gaming, transparency, and public welfare. In a press conference held at the City of Dreams Manila on October 29, PCSO General Manager...
Emphasizing that playing the lottery should always remain a form of safe and enjoyable entertainment—not a financial risk—the Philippine Charity Sweepstakes Office (PCSO) on Wednesday, October 29, reaffirmed its commitment to promoting responsible gaming during the 2025 Asia-Pacific Lottery...
The Cybercrime Investigation and Coordinating Center (CICC) on Tuesday, September 30, exposed a massive network of illegal online gambling in the Philippines—revealing more than 1,000 unlicensed gambling websites and over 100 social media influencers promoting illicit operations. CICC’s Threat...
State-run Philippine Amusement and Gaming Corp.’s (Pagcor) plan to separate its dual roles as a gaming watchdog and player has become clearer and is now taking shape following its chief’s reiteration of the move. “Pagcor’s dual role has served its purpose in the past, but as the industry...
Senator Erwin Tulfo has urged the Philippine Amusement and Gaming Corporation (PAGCOR), Ad Standards Council (ASC), and the Kapisanan ng mga Brodkaster ng Pilipinas (KBP) to immediately review advertisements related to online gambling. Tulfo, who chairs the Senate Committee on Games and Amusement,...
