philippines

Philippine-based online gambling operators will face tougher anti-money laundering (AML) requirements as the country aims to avoid being ‘gray-listed’ by global financial watchdogs.

Online cockfighting appears to be on the fast track to legalization and regulation in the Philippines, but it was bound to have some push back.

Suncity Group regularly keeps the industry abreast of what’s going on with the progress of the resort and has just given its latest. They chose Megawide Construction Corp. to manage the construction and development of the site.

The Philippines Amusement and Gaming Corporation (PAGCOR) is reviewing a proposal to allow land-based casinos to operate online gaming websites.

In a nationwide first, mobile carrier Smart Communications kicked off the first 5G-enabled eSports hub in the Philippines, marking the occasion with the first cross-platform gaming exhibition match hosted on the cloud.

Philippine casino operator Bloomberry Resorts Corp said in a Wednesday (23 Sept) filing it had received a copy through the mail of a May 29 civil summons relating to a follow-up court case in the United States about the 2016 Bangladesh Bank heist.

At the end of last month, the country’s casino regulator the Philippine Amusement and Gaming Corp (Pagcor) confirmed that some casino resorts in that country had been allowed to reopen “limited to a maximum of 30 percent capacity” and with strict health countermeasures against Covid-19.

“Integrated resorts and casinos which obtained permits from their respective local governments are allowed to open on trial run under the strictest health and safety protocols,” said a spokesperson from Pagcor. “Operations are limited to a maximum of 30 percent capacity.”

Three disgraced policemen have allegedly taken advantage of that fact, appears to have stolen P827,000 ($17 thousand) from POGO employees.

Jil Bausa-Go of Globe commented on the renewal in a release: “Our partnership has been very fruitful for both Mineski and Globe. It is a journey marked with milestones which helped make Liyab, PPGL and our continuing vision for Philippine esports grow stronger and more resilient.”