Friday, February 23, 2024

Tag: Andrea Domingo

Philippines throws bones to gambling operators with host of open policies

Philippines regulatory relief
With covid eroding casino sales and government revenues, Philippine lawmakers have greenlighted emergency liberalisation of the gambling market. Land-based casinos will now be able to target local players via mobile - while the often-criticised offshore operators are given novel betting categories to attract a more western clientele.

Philippines bids POGOs resume to shore up coffers

Philippines regulator gambling sector Andrea Domingo
The Philippines’ regulator has cleared its offshore online gambling sector for a partial return to operations - in an effort to generate more taxes for fighting the covid pandemic

“Gamble until you die” – Duterte U-turn on online gambling crackdown

Betting Business Duterte
When not assassinating drug dealers or calling Barack Obama the son of a whore, the Philippines’ new president has whipped up a cyclone of mixed signals to the iGaming sector with another spectacular about turn.   Philippines president, Rodrigo Duterte, appears to have softened his stance against the gambling industry and has stated that he is prepared to allow online gambling...

Duterte gunning for online gaming in the Philippines

Rodrigo Duterte Philippines
Dubbed ‘the Punisher’ by Time Magazine and ‘Duterte Harry’ by the Telegraph for his crusade against crime, drugs and traffic congestion, the Philippines’ new president Rodrigo Duterte now appears to have set his sights on the country’s regulated online gambling industry.   Shares of e-gaming companies operating in the Philippines slumped at the end of June, after the newly sworn-in 16th...