Philippines

News & Analysis

PAGCOR Under Fire Over Online Auditing

Philippine regulator PAGCOR has testified that its outsourced auditing platform for online gaming does not identify player country of origin, calling into question its commitment not to allow illegal gambling, as senators renew corruption accusations against the auditing consortium.

News In Brief: October 17-October 21, 2022

Cypriot betting oversight gets lawmaker backing, a surprise fantasy sports bill makes progress in Brazil and Argentine lotteries makes payments alliance to battle illegal gambling.

Research & Reports

Asia Gambling Outlook - September 2022

This edition of VIXIO GamblingCompliance's Outlook provides high-level intelligence and forecasts for the Asian online gambling market, as it navigates ongoing damage, dislocation and opportunity from the coronavirus pandemic, and as major emerging markets including Japan and India balance forces supporting prohibition or liberalisation.

This outlook report includes:

Market Insight: Asia-Pacific Land-Based Gaming

This in-depth report provides insight into the size, structure and growth of eight land-based gaming markets in the Asia-Pacific region, containing analysis, updated as new information becomes available, of sector themes and key jurisdictional and macro developments including the impact of COVID-19 and the increasing reach and influence of China on the Asia-Pacific sector at large.

Q&A: Gambling Regulation in the Philippines

A moratorium was in place on the issuing of Philippine Offshore Gaming Operator licences from August 2019 to the end of the year; however, there is no indication of any current restrictions on the issuing of licences. Multiple bills are before the Assembly regarding cockfighting, tax reform, casino entrance fees, racing reform and lotteries.

Philippines: Senate Urged to Pass AML Bill Before APG Deadline

Bill No. 1468, which includes designated casinos as covered persons under the Anti-Money Laundering Act (AMLA), was approved on its second reading with amendments on May 24, 2017. The inclusion of casinos is one of the recommendations of the Financial Action Task Force (FATF) to avoid the potential blacklisting of the Philippines.

Senator Chiz Escudero announced on May 25, 2017 that the Senate should pass the amendments to the AMLA before the deadline given by the Asia/Pacific Group on Money Laundering (APG) in September 2016.

Q&A: The Gambling Market in the Philippines

Although the Penal Code of the Philippines provides for a general prohibition on gambling, there have been several legislative exceptions to the prohibition, which include the various gambling activities operated by PAGCOR.

Data & Forecasts

Melco Resorts & Entertainment Report - 2005 to 2022Q3

Latest quarterly data from US-listed Melco Resorts & Entertainment. The data released for the operator contains the following information: Breakdown of revenues and expenses by sector, operating income, net revenues and adjusted EBITDA by business segment and hotel room and casino statistics by property. There are approximately 3,725 data points in this document.

Philippines - Quarterly Gaming Report - 2014Q1 to 2022Q2

Latest quarterly Philippines Gaming Report data from PAGCOR of the Philippines. The data released for the country contains the following information: Gross gaming revenue from casinos & electronic gaming sites and installed EGMs & gaming tables by property. There are approximately 1,200 data points in this document.

Philippines - PAGCOR Report - 2006 to 2021

Latest Annual Report data from the Philippine Amusement and Gaming Corporation (PAGCOR). The data released for the state-owned operator contains the following information: Gross winnings revenue, other income, operating expenses, contributions to the government and net income. There are approximately 200 data points in this document.

Bloomberry Resorts Corporation Report - 2013 to 2021

Latest quarterly data from Philippines-listed Bloomberry Resorts Corporation. The data released for the operator contains the following information: Gross & net gaming revenues, total revenues, promotional allowances, total expenses, profit (loss) before tax and GGR & hold rate by game category. There are approximately 1,000 data points in this document.

Okada Manila (Philippines) Report - 2018Q1 to 2021Q4

Latest quarterly data from Tiger Resorts, Leisure and Entertainment, doing business as Okada Manila. The data released for the operator contains the following information: Gross gaming revenue, gaming volume, win rate & number of units by gaming category, hotel statistics and overall property visitation. There are approximately 390 data points in this document.
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