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Philippines
Deadline for Offshore Gaming Licensees: Philippines Enforces Strict End-of-Year Ban
In a recent pivotal meeting at PAGCOR’s office in Pasay, a crucial development has emerged concerning the Philippines’ offshore gaming industry. The meeting, which...
Philippines to End All POGO Operations by End of 2024: Impact on Economy, Employment, and Foreign Workers
The Philippines is moving towards a significant policy shift as the government has decided to end all operations of the Philippines Offshore Gaming Operators...
UCFI’s Php2 Million Commitment: Transforming Malnourished Students’ Lives Through Blue Plate Project
Universal Cultural Foundation Inc (UCFI), a charitable arm of Universal Hotels and Resorts Inc (UHRI), has made remarkable strides in addressing malnutrition among students...
Universal Entertainment Corp’s Leadership Shake-Up: Key Developments and Implications
Universal Entertainment Corp has announced significant changes to its boardroom, highlighting a dramatic shift in the company’s leadership and governance. This update comes in...
Bloomberry Resorts Invests $263,000 in Parent Company Shares for Casino Patrons Amidst Revenue Decline and New Dividend Policy
Bloomberry Resorts & Hotels Inc. (BRHI), the operator behind Manila's renowned Solaire Resort Entertainment City and Solaire Resort Quezon City, has made a noteworthy...
Bloomberry Resorts & Hotels Acquires Shares for Strategic Marketing Amidst Mixed Financial Performance in 2024
Bloomberry Resorts & Hotels has recently taken a strategic step by acquiring 1,940,000 shares from its parent company, Bloomberry Resorts Corporation, at a value...
The Debate Over E-Sabong in the Philippines: Weighing Risks, Revenues, and Social Costs
The revival of e-sabong, an online form of cockfighting, has reignited a contentious debate in the Philippines. This issue, which had seemingly been put...
Potential Impact of the POGO Ban on Chinese Tourism in the Philippines: Insights and Recommendations
This week, Alfred Lay of Leechiu Property Consultants addressed the impact of the Philippine government's recent ban on Philippine Offshore Gaming Operators (POGOs) on...
PH Resorts Reports Improved Financial Performance in H1 2024 Amid Persistent Challenges; Key Metrics Highlight Ongoing Struggles
PH Resorts, a prominent gaming and leisure company listed on the Philippine Stock Exchange, has recently announced its financial results for the first half...
Impact of Nationwide POGO Ban on Visa Policies and the Future of Chinese Tourism in the Philippines
The recent nationwide ban on Philippine Offshore Gaming Operators (POGOs) is anticipated to play a significant role in the relaxation of visa restrictions for...