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,
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
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
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
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
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
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
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
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
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
Philippine integrated resort operator Bloomberry Resorts Corp. has signed an agreement to sell its loss-making casino resort Jeju Sun in Jeju Island, South Korea, to Gangwon Land Inc. The transaction is carried out through its subsidiary Golden & Luxury Co Ltd, adopting a business spin-off followed
Philippine President Marcos has officially signed the "2025 Anti-Offshore Gambling Act" (Republic Act 12312), which completely bans offshore gambling (POGO) and internet gambling (IGL) operations. The new law stipulates that violators face up to 12 years in prison and a fine of 50 million pesos (app
Philippine President Marcos officially signed the "Anti-Offshore Gaming Act" on October 29, 2025, which completely bans POGO operations, but subsequently new forms such as PIGO, special zone i-gaming, and cloud gaming emerged. These changes reveal deep-seated dependency issues in the gambling indust
The Maharlika Pilipinas Basketball League (MPBL) in the Philippines has officially partnered with the PAGCOR-certified online platform 747 Live, integrating basketball events with online betting to enhance audience interaction experience. The signing ceremony was jointly completed by MPBL founder Ma
Philippine President Ferdinand Marcos Jr. has officially signed the "2025 Anti-POGO Act" (Republic Act No. 12312), declaring the offshore gaming industry (POGO) completely illegal in the Philippines, with all related websites, platforms, and service providers required to cease operations immediately
The largest electricity company in the Philippines, Meralco, stated in its 2025 quarterly report that due to the withdrawal of Chinese offshore gaming operators (POGO), a decrease in tourists, and climate factors, the annual electricity sales are expected to decline by 0.4% to 0.8%, ending the trend
Gambling law expert Marie Antonette Quiogue pointed out that despite the global transaction volume of prediction markets reaching over $2 billion, such platforms are still considered illegal gambling activities in the Philippines. According to current Philippine law, any betting involving probabilit
