The Philippine gaming regulatory body Pagcor has announced that the revenue from online gambling (e-gaming) in the first quarter of 2025 continued to surge, reaching 51.39 billion PHP, accounting for 28% of the total gaming revenue—online revenue has nearly reached the total annual amount of 2023, b
As the 11 satellite casinos in Macau are expected to close completely by the end of this year, the gambling industry is facing a "redistribution of customers." A group of gamblers, especially those from Hong Kong and local regulars who are accustomed to betting discreetly, will be forced to switch t
Kevin Tan, the son of Filipino-Chinese tycoon Andrew Tan, is making a significant move into the booming online gambling market through his leadership at Newport World Resorts, aiming to carve out a share in this blue ocean market valued at 200 billion pesos.Insiders revealed that Newport World Resor
The Philippine gaming industry is approaching a historic turning point. According to the latest industry report released by the Philippine Amusement and Gaming Corporation (PAGCOR), the total gaming revenue (GGR) for the first quarter of 2025 exceeded 104.1 billion pesos (approximately 1.86 billion
After the ban on Philippine Offshore Gaming Operators (POGO), the Philippine Amusement and Gaming Corporation (PAGCOR) announced in one of its first national industry reports that the market revenue for the first quarter of 2025 was PHP 104.12 billion (USD 18 billion).This figure represents a 27.4%
In the rapidly changing global gaming industry, Interblock, as a benchmark company in the field of electronic gaming equipment, continues to lead industry transformation with its innovative product concepts and cutting-edge technology solutions.This multinational company, headquartered in Slovenia,
Global gaming equipment supplier Light & Wonder recently opened a new 580-square-meter office and showroom in Clark, Philippines, further deepening its layout in the Asian market. The new showroom is located on Manuel A. Roxas Highway and will serve as the company's important operational center in t
The Philippine Amusement and Gaming Corporation (PAGCOR) recently announced that foreigners will be prohibited from participating in any licensed online gambling games. This ban is aimed at strictly enforcing President Marcos's restrictive policies on Philippine offshore gaming operators.PAGCOR has
According to foreign media reports, the Philippine gaming regulatory body PAGCOR announced that, benefiting from the strong performance in the electronic gaming sector, the total gaming revenue for 2024 is PHP 111.72 billion (USD 1.91 billion), an increase of approximately 40.7% compared to PHP 79.3
Driven by the growth of electronic gambling and the allure of high-stakes gamblers, Philippine gaming revenue is expected to reach a record 350 billion pesos in 2024, while Pagcor is preparing to revoke POGO licenses due to criminal issues.The head of the Philippine gaming regulatory agency stated t
The island nation of Vanuatu has officially launched its new online portal and started processing applications for its recently announced online gambling licenses.The new licensing framework was launched last month, initially targeting B2C operators active in gray market jurisdictions. https://www.v
The e-sports industry is expected to grow rapidly in 2024, with a market revenue of 1.6 billion US dollars, 250 million core viewers and 600 million general viewers. It is even about to become an official Olympic event. The e-sports betting market is also gradually emerging and becoming a
The Philippine Amusement and Gaming Corporation (PAGCOR) is an agency established by the Philippine government to regulate and manage the gaming industry. PAGCOR contributes considerable tax revenue to the Philippine government every year, with its revenue mainly derived from the casinos i
Gaming Innovation Group (GiG) has entered into a long-term agreement to provide its iGaming platform, CoreX and automation tools LogicX and DataX to the Betzone brand. The partnership will enable Betzone to use GiG’s compliance and responsible gambling solutions. These systems integrate
According to Tim Nguyen, managing director of Fortuna Investments and a 20-year casino industry experience, Vietnam’s gaming market is close to saturation point. In an interview with AGB, Nguyen shared his insights on Vietnam’s gaming market, noting that while investment opportunities s
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