PAGCOR

The ratings agency expects the operator to hold 40% to 50% of legal online gaming for two years, with the second player at 15% to 20%. It also says the risk of regulatory intervention is "higher in the Philippines than other jurisdictions", cites the e-wallet delinking that cut DigiPlus revenue 23% in a quarter, and flags Senate bills that could ban the product outright. The central bank added a new one today.

Thousands of PHP50 payments after midnight to businesses that on paper were beauty parlours and corner shops turned out to be bets. The BSP has shut the merchant accounts and drafted rules that put the burden on GCash, Maya and their aggregators to know who they are paying. PAGCOR's chairman: "Unfortunately, we don't have control over that."

Chairman Alejandro Tengco told the IAG Academy Summit the split of PAGCOR's regulator and Casino Filipino roles now waits on the Office of the President, and that a PAGCOR app to steer players to licensed sites lands in the fourth quarter.

The Philippine regulator has cut its outlook for the year as the online segment that recently overtook land-based casinos slumps, with the chairman pointing to squeezed lower-income players and the removal of e-wallet links from gambling platforms.

The Philippines regulator has drawn a line on operator promotional spending. With cash-back capped at 15% and rebates at 1.5% of turnover, the days of unlimited bonus competition in the Philippines are over.

This week, the industry's simmering rivalries boiled over in spectacular fashion. Forget quarterly earnings; we're talking about lawsuits, corporate

PAGCOR reports nearly 50% revenue drop after Philippines e-wallet gambling ban. Official warns illegal sites surge as players leave legal iGaming platforms.

If you wanted a perfect snapshot of the post-PASPA world, this week delivered it. We saw a legacy institution, the NCAA, finally bow to the inevitable reality

The casino industry in the Philippines is facing a major new investigation from the country's financial intelligence unit, the Anti-Money Laundering Council

The Philippine Amusement and Gaming Corporation (PAGCOR), the nation’s state gaming regulator, has revealed that it has withheld or voided more than ₱200

The Philippine government has secured a major victory in its escalating campaign against online gambling, with social media platform TikTok agreeing to a

The head of the Philippine Amusement and Gaming Corporation (PAGCOR) has confirmed that a recent government directive to block e-wallet payments to gambling

A recent regulatory crackdown on payment channels in the Philippines is already having unintended consequences, with gambling operators reportedly migrating

President Ferdinand Marcos Jr. has announced his intention to convene a broad "conclave" of stakeholders to forge a new national policy for online gambling in

The relentless global ascent of online gambling has, in recent years, cast a long shadow over traditional land-based casinos. By 2022, brick-and-mortar gaming

The Philippine Amusement and Gaming Corporation (PAGCOR) has issued a severe warning to the public regarding fraudulent offers being made by operators