Figures released by the PAGCOR show gaming revenue either generated or overseen by PAGCOR hit PhP248.5b (US$4.92b) in 2019, a 15.1% improvement over 2018’s results and nearly 41% higher than the market recorded in 2017.
General News
The coronavirus continues to strike fear in the hearts of the public and government officials. Just days after the Philippines confirmed its third official case of the virus, some Manila mayors are calling on health checks for Philippine Offshore Gaming Operators (POGOs).
QTech Games specializes in the distribution of casino-style content across Asian markets where online gambling has been making waves over the past several years. The company says its mission is to find the best possible offering and deliver it to its operator partners servicing players in Asia and other territories with great growth potential.
Live chat on online casinos either make or break the site, the mere existence of live chat does not make the site a trusted online casino. This we term as the ‘hardware’, anyone can go out and get one. What is the key factor is the ’software’ behind it, and this is none other than the customer service agents behind the scenes working round the clock 24×7.
Currently forecast China’s real GDP growth to slow to 5.9 per cent in 2020, from 6.1 per cent in 2019. Indeed, gaming revenues have already contracted by 2.5 per cent y-o-y over in January-November 2019 amid slowdown of the Chinese economy.
One of Gambling Operators Meg-Star, through its Meg-Star International Charity Association, announced yesterday that it is donating MOP$10 million ($1.24 million) to the fight. It has created the “Wuhan Coronavirus Special Fund,” which is designed to facilitate anti-epidemic measures in the core city where the virus was first identified, Wuhan, China.
The synergies between the two sectors are clear, according to Echelon Wealth analysts Rob Goff and Gianluca Tucci, who said the US market will create opportunity for online sport-content providers including e-sports betting platforms, along with being a boon for traditional casino operators, tech companies, betting aggregators and online sports content providers.
The last thirty years have seen the UK become one of the biggest and best-regulated gambling markets in the world. On the other hand, gambling and games of chance have been part of the “national pastime” for quite some time now. And since the Isle of Wight is part of the UK, online gambling operators, who have been offering their services in the UK, these services have been available on the Isle, too.