POGO is banned, but the Philippines' gambling revenue will reach a new high of $6 billion this year!
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
PAGCOR's revenue soars to nearly 100 billion pesos! Influence of mobile and digital platforms surges!
Video games may bring $357 million in tax revenue to the Philippine government.
The gaming sector in the Philippines (referred to as e-gaming) could contribute up to 20 billion Philippine pesos ($356.9 million) in franchise taxes to the country's Bureau of Internal Revenue (BIR) this year.According to the Philippine Star, Assistant Finance Minister Carlo Adriano made the statem
PAGCOR remittances to the Philippine treasury reached 51.6 million euros in May 2024
The Philippine Amusement and Gaming Corporation (PAGCOR) released statistical data on July 9, 2024, which stated that in May 2024 Monthly remittances to the national treasury were 3.27 billion Philippine pesos (51.6 million euros), an increase of 25% from the 2.6 billion Philippine pesos (
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