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...
“As a policy, we don’t touch online gambling. It’s a prohibited category for us!” This was the clear-cut response from my former colleague in the banking and finance beat, Jay Tirona, now the chief executive officer of NTT DATA Payment Services Philippines. He said this at the launch of...
State-run Philippine Amusement and Gaming Corp. (Pagcor) reported a double-digit revenue increase to ₱59 billion in the first half of 2025, driven by a record ₱214.8 billion in gross gaming revenues (GGR) during the period. More than 90 percent or the bulk of Pagcor’s revenues came from...
All gambling-related advertisements have now been added to the list of items or categories subject to mandatory screening under the new agreement between the Philippine Amusement and Gaming Corporation (Pagcor) and the Ad Standards Council (ASC). Signed on Wednesday, July 16, the memorandum of...