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Philippines

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The gambling industry in the Philippines has a certain scale in Asia. It has legal casinos, mainly concentrated in specific areas. Online gambling is also quite active, attracting some international players. However, online gambling has also bred illegal operations. While regulating legal gambling,

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Solaire Group Q3 net loss of 1.7 billion pesos due to online gambling hit by e-wallet ban

Solaire Group Q3 net loss of 1.7 billion pesos due to online gambling hit by e-wallet ban

Philippines' Bloomberry Resorts Corp. announced its third-quarter financial report, with net losses widening to 1.7 billion pesos, mainly due to restrictions on e-wallet payment channels and regulatory uncertainties, slowing down the promotion of online gambling brands, but the local market, especia

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Philippine Central Bank's payment restrictions impact the gaming industry

Philippine Central Bank's payment restrictions impact the gaming industry

In the third quarter of 2025, the total revenue of the Philippine gaming industry fell to 94.51 billion pesos, showing a downward trend. This change was mainly due to the Philippine Central Bank cutting off the connection between electronic wallets and online gaming platforms, causing industry shock

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Philippines arrests two South Korean gambling fugitives

Philippines arrests two South Korean gambling fugitives

The Philippine Bureau of Immigration has recently taken consecutive actions, arresting two South Korean nationals wanted for online gambling in the Metro Manila area, indicating that the supervision of foreign nationals is intensifying.First arrest: South Korean online gambling leader capturedIn lat

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PAGCOR's electronic gaming revenue grows 17.4% in the third quarter

PAGCOR's electronic gaming revenue grows 17.4% in the third quarter

The Philippine Amusement and Gaming Corporation (PAGCOR) reported that the third-quarter electronic gaming revenue increased by 17.4% year-over-year, reaching 94.51 billion pesos, despite government regulatory reforms. Electronic gaming contributed 44.4% of the company's total revenue, becoming the

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The Philippines detains over 200 Chinese POGO workers' recent situation.

The Philippines detains over 200 Chinese POGO workers' recent situation.

The latest data from the Philippine Immigration Bureau and the Anti-Offshore Gaming Commission show that as of early November, about 216 foreigners involved in POGO cases have been detained by the government, most of whom are Chinese nationals, waiting for deportation procedures and criminal charges

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Philippines rescues 346 victims of telecom fraud workers

Philippines rescues 346 victims of telecom fraud workers

The Philippine government announced that it will charter a plane to bring back 346 workers who were trafficked in Myanmar. These victims were deceived into participating in telecommunications fraud activities and are expected to return to Manila from Bangkok, Thailand on November 12. The government

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Tino just left, and Uwan is here again! Philippine POGO dens may be completely destroyed.

Tino just left, and Uwan is here again! Philippine POGO dens may be completely destroyed.

Recently, the Philippines has been continuously hit by typhoons "Tino" and "Uwan", with storm activity in 2025 significantly increased compared to previous years. Additionally, the government has completely banned the POGO industry, which has had multiple impacts on local social order and the Chines

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The Philippine Finance Minister advocates for regulation instead of banning online gambling.

The Philippine Finance Minister advocates for regulation instead of banning online gambling.

Philippine Finance Minister Ralph Recto recently publicly stated his opposition to a total ban on online gambling, emphasizing that strict regulation can balance economic benefits and social risk control. The country's gambling regulatory authorities and industry experts all support replacing the "o

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DigiPlus's revenue for the first three quarters reached 66.8 billion pesos, with profits plummeting by 59% in the third quarter.

DigiPlus's revenue for the first three quarters reached 66.8 billion pesos, with profits plummeting by 59% in the third quarter.

Philippine digital entertainment giant DigiPlus Interactive maintained strong growth in the first nine months before 2025, but saw a significant decline in performance in the third quarter. Despite a cumulative net profit of 10.1 billion pesos, a year-on-year increase of 16%, the single quarter face

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Manila office vacancy rates remain high

Manila office vacancy rates remain high

According to the latest market report, the vacancy rate of office buildings in the Metro Manila area remains around 20%, and the situation of oversupply is expected to continue until 2027. The withdrawal of the POGO industry and the surplus of new supply are the main reasons, and the decline in rent

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Philippine POGO Industry Declines, Chinese Practitioners Face Transformation

Philippine POGO Industry Declines, Chinese Practitioners Face Transformation

As the Philippine government continues to strengthen regulation, the once thriving offshore gaming operator (POGO) industry is undergoing structural adjustments. The gaming parks that were once scattered across Manila are now closing down, and a large number of Chinese practitioners are facing caree

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PAGCOR's profit for the first nine months increases by 49% due to new e-gaming policies affecting growth rate.

PAGCOR's profit for the first nine months increases by 49% due to new e-gaming policies affecting growth rate.

The Philippine gaming regulatory authority PAGCOR announced financial data for the first nine months, with net profits increasing by 49% to 14.32 billion pesos (approximately $244 million), setting a new high in recent years. However, net profits in the third quarter dropped to 3.5 billion pesos (ap

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Philippine anti-POGO operation has detained 216 people, 84 Chinese nationals deported.

Philippine anti-POGO operation has detained 216 people, 84 Chinese nationals deported.

The Philippine President's Anti-Organized Crime Commission (PAOCC) announced that 216 foreigners, including 84 Chinese citizens, have been detained in the crackdown on offshore gaming (POGO) operations, with the Chinese nationals being forcibly repatriated. Dr. Winston John Casio, spokesperson for P

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Philippine Cebu hotel industry impacted by POGO withdrawal, occupancy rates fall to pandemic levels

Philippine Cebu hotel industry impacted by POGO withdrawal, occupancy rates fall to pandemic levels

The hotel industry in Cebu City, Philippines, has fallen into severe depression due to the complete withdrawal of the offshore gaming industry (POGO), with most hotels' occupancy rates dropping to 25% to 60%, equivalent to the level during the pandemic lockdown. The departure of POGO employees and a

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Philippine POGO Ban Triggers Economic Chain Reaction

Philippine POGO Ban Triggers Economic Chain Reaction

Philippine President Marcos signed the "Anti-Offshore Gambling Act" in October 2025, completely banning offshore gambling operations, with violators facing up to 12 years in prison and a fine of 50 million pesos. This move caused the Philippine peso to fall to 58.85 against the US dollar, the stock

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Philippines Conducts Nationwide Inspection of POGO and Associated Grey Industries

Philippines Conducts Nationwide Inspection of POGO and Associated Grey Industries

The President of the Philippines' Anti-Organized Crime Commission (PAOCC) announced that it will cooperate with the newly enacted "Anti-Online Gambling Organization Law" to carry out large-scale inspections nationwide, completely banning the existence of offshore gambling operators (POGO). This acti

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