Philippines

News & Analysis

PAGCOR Explores Licences For Supplying Foreign Online Markets

The Philippines’ gambling regulator is hunting for new sources of revenue ahead of possible privatisation of its casino operations, including from licensing service providers that support foreign-based online gambling companies.

News In Brief: March 6-March 10, 2023

Veikkaus has just over 50 percent of the Finnish online market, a California cardroom bill makes progress, PAGCOR cancels its controversial audit contract and Argentina's Córdoba province moves forward with licensing finally.

News In Brief: February 6-February 10, 2023

Brazil's parliament is pushing the country's financial authorities to investigate money spent with offshore gambling sites.

Senators Set To Launch Probe Into PAGCOR Auditor Deal

Philippine lawmakers have renewed an attack on PAGCOR, with senators preparing to launch a Senate investigation into the gambling regulator’s contract with its online gaming auditor.

Manila's Pasig Region Set To Ban Online Gambling Operations

The elected council of one of Metro Manila’s more prominent regions has banned local and foreign-facing online gambling and related services within its city limits.

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

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

Philippines - Quarterly Gaming Report - 2014 to 2022

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 1,210 data points in this document.

Melco Resorts & Entertainment Report - 2005 to 2022

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 3,830 data points in this document.

Okada Manila (Philippines) Report - 2018Q1 to 2022Q3

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 460 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.