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Colombian Tax Reform: 19% VAT May Impact Online Gambling Revenue and Public Resource Allocation

Colombian Tax Reform: 19% VAT May Impact Online Gambling Revenue and Public Resource Allocation

Colombia's administrative department, through the Ministry of Finance, has submitted a new tax reform bill to Congress, planning to impose a 19% value-added tax on casinos and online gambling. This bill is a continuation of last year's failed financing bill, aimed at funding the 2026 budget while ma

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Civil Servant Pension Fund Investment in DigiPlus Gaming Stocks Faces Huge Losses — GSIS Executives Under Investigation

Civil Servant Pension Fund Investment in DigiPlus Gaming Stocks Faces Huge Losses — GSIS Executives Under Investigation

The Philippine government's civil servant social security agency GSIS has recently attracted widespread attention and controversy due to its investment in the online gambling platform DigiPlus Interactive Corp. Millions of civil servants' pensions, which should have been used to secure their retirem

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1xBet receives multiple nominations for the 2025 SBC European Awards, demonstrating industry leadership.

1xBet receives multiple nominations for the 2025 SBC European Awards, demonstrating industry leadership.

Global renowned betting company 1xBet has received three important nominations at the 2025 SBC Europe Awards, highlighting its outstanding performance and innovative capabilities in the online betting industry. The award ceremony will take place from September 17 to 18, 2025, at the MEO Arena in Lis

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Cambodian "King of Exposures" Xing Shidi goes on trial, surprisingly for "defamation" rather than insider telecommunication fraud.

Cambodian "King of Exposures" Xing Shidi goes on trial, surprisingly for "defamation" rather than insider telecommunication fraud.

Famous "whistleblower" Heng Sitthy appeared in court in Phnom Penh, but the focus was not on the online gambling and telecom fraud he has long exposed, but rather a "defamation" case.The plaintiff is Cambodian internet celebrity journalist Peng Wanna, who accused Heng Sitthy of defaming him in a Fac

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The transaction volume of online gambling in the Philippines plummeted by 50%, and eight thousand gambling platforms were shut down.

The transaction volume of online gambling in the Philippines plummeted by 50%, and eight thousand gambling platforms were shut down.

The Philippine online gambling industry is facing an unprecedented impact. Alejandro Tengco, the chairman and CEO of the Philippine Amusement and Gaming Corporation (PAGCOR), revealed in the latest budget review that the national online gambling transaction volume has plummeted by 50% since the cent

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Philippine FPJ Senator questions the low contribution of online gambling, calls for exploring new tax sources.

Philippine FPJ Senator questions the low contribution of online gambling, calls for exploring new tax sources.

The Philippine Congress recently focused on the fiscal value of online gambling. FPJ Panday Bayanihan party member Brian Poe pointed out at the Budget Coordination Committee meeting that gambling revenue "is embarrassingly inadequate" and insufficient to support the massive financial needs. Finance

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After the raid near the Makati Jazz Residences, an illegal POGO den was busted, 41 people were rescued, and 7 suspects were arrested.

After the raid near the Makati Jazz Residences, an illegal POGO den was busted, 41 people were rescued, and 7 suspects were arrested.

The Philippine National Police Criminal Investigation and Detection Group (CIDG) recently launched a raid in Makati City, successfully dismantling an illegal POGO (Philippine Offshore Gaming Operator) hub and arresting seven suspects. The arrested individuals include three Taiwanese men, one Burmese

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Comprehensive Analysis of the Philippine Online Gambling Hearing: Severing the Connection between E-wallets and Online Gambling—Policy Change Imminent

Comprehensive Analysis of the Philippine Online Gambling Hearing: Severing the Connection between E-wallets and Online Gambling—Policy Change Imminent

Today, the Philippine Senate held a highly-attended hearing on the issue of online gambling, focusing on the connection between e-wallet platforms and online gambling, as well as the social and regulatory challenges it poses. The Central Bank of the Philippines (BSP) announced an emergency directive

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Equatorial Guinea releases legal framework for online gambling, ushering in a new era of lawful regulation.

Equatorial Guinea releases legal framework for online gambling, ushering in a new era of lawful regulation.

The government of Equatorial Guinea has officially launched a new legal framework for online gaming, marking a new phase in the country's regulation and legalization of online gambling and gaming. The "Online Gaming, Online Betting, and Online Casino Licensing Framework" provides clear guidelines fo

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"Numerous celebrities promote gambling apps"? Philippine legislators angrily denounce POGO, calling for a complete ban on online gambling!

"Numerous celebrities promote gambling apps"? Philippine legislators angrily denounce POGO, calling for a complete ban on online gambling!

Philippine Congressman Rufus Rodriguez from the second district recently called for a complete ban on all forms of online gambling, including POGO (Philippine Offshore Gaming Operators), denouncing it as a "cancer eroding the foundation of society.""For the families of four barangays bankrupted by

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Marcos says he will not make a hasty decision, the Philippines will not "ban gambling"! The chaos of POGO and the dilemma of the presidential palace.

Marcos says he will not make a hasty decision, the Philippines will not "ban gambling"! The chaos of POGO and the dilemma of the presidential palace.

In the increasingly vocal political arena of "banning gambling," Philippine President Ferdinand Marcos Jr. has not explicitly expressed support for the ban. The presidential palace emphasized on the same day that "the decision to ban or not must undergo a comprehensive assessment," believing that th

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Heavy rain "unexpectedly saves the day"? Philippine President urgently halts SONA, the fate of online gambling remains in limbo.

Heavy rain "unexpectedly saves the day"? Philippine President urgently halts SONA, the fate of online gambling remains in limbo.

On July 22, 2025, what was originally seen as the "fate judgment day" for online gambling, the State of the Nation Address (SONA) by the President of the Philippines was suddenly called off. President Marcos Jr. ordered a halt to all related preparations to fully address the widespread flooding caus

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Maharashtra, India warns of rampant illegal online gambling, urges central government to introduce strong regulations.

Maharashtra, India warns of rampant illegal online gambling, urges central government to introduce strong regulations.

The government of Maharashtra has recently issued a strong warning against illegal online gambling again, and urged the central government of India to expedite the introduction of more robust national regulations to address the risks posed by the intertwining of digital gambling, financial fraud, an

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DigiPlus Plummets Again, Triggering Market Panic: Over 200 Billion Pesos in Market Value Evaporated Under Regulatory Shadows

DigiPlus Plummets Again, Triggering Market Panic: Over 200 Billion Pesos in Market Value Evaporated Under Regulatory Shadows

Philippine online gambling giant DigiPlus Interactive has suffered another major setback. Due to market concerns that President Marcos might announce a tougher crackdown on online gambling in his State of the Nation Address (SONA), DigiPlus' stock price plummeted nearly 30% on Thursday, marking its

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Philippines' PAGCOR Changes Slogan, Focuses on Gambling Risk Prevention

Philippines' PAGCOR Changes Slogan, Focuses on Gambling Risk Prevention

The Philippine Amusement and Gaming Corporation (PAGCOR) recently announced an update to its official slogan, changing the previously mild "Keep Entertainment, Play Rationally" to the more cautionary "Gambling is Addictive, Know When to Stop". This move is seen as an important step by the authoritie

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Ban offshore POGO but tolerate domestic PIGO? Multiple parties in the Philippines urge Marcos to completely ban online gambling.

Ban offshore POGO but tolerate domestic PIGO? Multiple parties in the Philippines urge Marcos to completely ban online gambling.

In 2024, Philippine President Marcos announced a comprehensive ban on offshore gambling (POGO), citing its involvement in transnational crimes such as kidnapping, money laundering, and illegal detention, which severely jeopardizes national security. However, a year later, despite the shutdown of PO

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