News & Analysis
News In Brief: March 6-March 10, 2023
News In Brief: February 6-February 10, 2023
Senators Set To Launch Probe Into PAGCOR Auditor Deal
Manila's Pasig Region Set To Ban Online Gambling Operations
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:
Q&A: Gambling Regulation in the Philippines
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.