Tag Archives: Philippines
Philippines – Jade Entertainment secures approval from PAGCOR
Jade Entertainment has secured milestone approval from the Philippines’ gaming regulator, PAGCOR, to launch its online gaming platform to sportsbook players nationwide. As a result Jade SportsBet, already certified and regulated by PAGCOR, is primed to leverage digital opportunities across the Philippines. JadeSportsBet.com, in collaboration with its retail partners, is now ready to accept player…
Philippines – MegaSportsWorld set to take betting online in Philippines
MegaSportsWorld, a Philippines-based sports betting company, has been given the green light by Philippine gaming regulator PAGCOR to move online and offer a remote betting service to sports fans nationwide. MegaSportsWorld is a fully licensed sports book registered in the Philippines. The company holds and strictly operates within the guidelines of licenses issued by PAGCOR,…
Philippines – Transformation of New Coast Hotel Manila into a casino has been delayed
International Entertainment Corp (IEC) has confirmed that COVID is delaying a cooperation agreement with Philippines gaming regulator PAGCOR that would see it transform an existing hotel in Manila into an Integrated Resort casino following the issuance of a provisional license from PAGCOR. The company said: “Due to the surge of the highly contagious Delta variant…
Philippines – PAGCOR manages to return to profit despite revenue falling
PAGCOR, the Philippines gaming regulator, was just about in profit again in June despite a 19.9 per cent drop in revenues in its second quarter, compared to last year, with 14.2 per cent fall quarter by quarter to Php14.78m (US$294m). Profit came in at Php79.1m (US$1.6m), down US$3m from the first quarter but up from…
Philippines – Online gaming to help fund Philippine COVID recovery
Having previously been opposed to online gambling, Philippine President Rodrigo Duterte has now said that the online gaming sector will help boost the country’s Covid-19 response funds. In a pre-recorded meeting with his political party officials, President Duterte said: “We don’t have money. Now that we need money, the most sensible thing is really just…
India – Jade Entertainment launches two sportsbooks for Indian and Philippines markets
Jade Entertainmen, has announced a dual-sportsbook launch for the Indian and Philippines markets. Lucky Yeti, a digital sportsbook and casino, has been built for the Indian sports betting market and Jade Sportsbet, certified and regulated by PAGCOR, is primed for the Philippines. Both sportsbooks are powered by RPM Gaming. Lucky Yeti features a mobile-first tailored…
Philippines – Soliare GGR up 29 per cent quarter to quarter but closures halt rebound
Although it is now shut again, 88 days of operation saw Bloomberry Resorts, the operator behind Solaire Resort & Casino, to a 29 per cent increase in revenues in its first quarter of 2021 compared to its last quarter of 2020. Enrique K.Razon Jr.,Bloomberry Chairman and CEO, said: “Despite the challenges, the company generated solid…
Philippines – ASKI Japan to provide junket services to Emerald Bay
Japanese junket operator ASKI Japan will provide VIP Japanese players to PH Resorts Group’s Cebu integrated resort Emerald Bay set to be unveiled tin late 2021. ASKI Japan currently runs similar Japanese junkets at South Korea’s Paradise City in Incheon and Paradise Casino Busan, as well as at two Friday Club branded resorts. PH Resorts…
Philippines – Philippines casinos see quarterly revenue rise before latest closures
Philippine gaming regulator PAGCOR has said that the country’s licensed casinos saw revenues climb quarter to quarter by 17.5 per cent to Php23.2bn (US$400.8m) although first quarter results were still down 39.2 per cent compared to the same period last year. Casinos in Manila’s Entertainment City saw revenues increase to Php21.12bn (US$439m) in the first…
