Archive

_2021-03-29
The outflow of online gambling operators from the Philippines is expected to slow, at least for the time being, following amendments to tax regulations and due to uncertainties in neighbouring jurisdictions.

_2021-03-10
The outflow of online gambling operators from the Philippines is expected to slow, at least for the time being, following amendments to tax regulations and due to uncertainties in neighbouring jurisdictions.

_2021-03-08
Philippine Bureau of Internal Revenue Deputy Commissioner Arnel Guballa has told senators that latest projections show POGO tax collections settling at (US$82.3 million), just half the PHP7.18 billion raised in 2020.

_2021-03-01
The Anti-Money Laundering Council (AMLC) has relaxed the registration guidelines for Philippine offshore Gaming Operators (POGOs) as well as for real estate developers and brokers.

_2021-02-09
The Philippines’ House of Representatives has passed a new bill imposing taxes on Philippine Offshore Gaming Operations (POGOs), but it will still need to be reconciled with upper house legislation before it can become law.

_2021-01-27
Philippine Offshore Gaming Operators (POGOs) have won a reprieve from a punishing franchise tax, which may stop the exodus from the country, but uncertainty over business conditions remains high, industry insiders say.

_2021-01-27
Taxes collected by the Bureau of Internal Revenue (BIR) from the Philippine Offshore Gaming Operators (POGOs) increased to PHP7.18 billion (US$151 million) in 2020, despite the suspension of operations last year due to community lockdowns and the flight...

_2021-01-27
The Philippine House of Representatives has started considering the substitute bill to House Bill 5777 on taxing persons engaged in Philippine Offshore Gaming Operations (POGOs). House Committee on Ways and Means Chair Joey Sarte Salceda hopes the additional...

_2021-01-25
The Philippines says it’s now confident that it will avoid being placed on the Financial Action Task Force (FATF) gray list after the House of Representatives approved amendments to its anti money laundering bill.

_2021-01-25
The Philippine Congress has approved amendments to its Anti-Money Laundering legislation, which include bringing Philippine Offshore Gambling Operators (POGOs) and their service providers under the law. 

_2021-01-13
The number of kidnapping cases involving Philippine Offshore Gaming Operators (POGOs) almost doubled last year to 17 during the Covid-19 pandemic. There were 10 cases filed, 23 victims rescued, 33 suspects arrests and two suspects killed.

_2021-01-05
The Philippine Supreme Court has granted a temporary restraining order against the collection of a 5 percent franchise tax from Philippine Offshore Gaming Operators (POGOs) following a petition from 14 foreign-based firms.

_2020-12-22
Exodus is a strong word. The Greek term conjures up mental images of mass migration on a biblical scale and therefore shouldn’t be used lightly, yet it is hard to find a better way to describe what is happening in the Philippines right now.

_2020-12-22
The Philippines’ decision to allow online gambling within its borders is a major step forward for igaming in Asia, but restrictions on operations mean it’s unlikely to be a game changer, at least initially.

_2020-12-18
As we close our final magazine of the year, I’d rather not focus on the doom and gloom wrought by Covid-19 and will instead look at how the pandemic has been a key catalyst for change in the gaming industry.

_2020-12-15
Exodus is a strong word. The Greek term conjures up mental images of mass migration on a biblical scale and therefore shouldn’t be used lightly, yet it is hard to find a better way to describe what is happening in the Philippines right now.

_2020-12-14
The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.

_2020-09-25
Presidential spokesman Harry Roque took issue on Thursday with suggestions that the reduction in the number of Philippine Offshore Gaming Operators (P

_2020-09-24
Philippine Finance Secretary Carlos Dominguez III said Wednesday that some resident Chinese are canceling their leases in Manila as the government cra