Wednesday, October 21, 2020
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Regions seen as outperformers

Regions seen as outperformers

Regional casinos in the Philippines are likely to resume their outperformance once the global pandemic eases as infrastructure improves and major projects come online.
Pogos Philippines offices

POGOs given “ample opportunity” to settle dues, PAGCOR says

Philippine Offshore Gaming License Operators (POGOs) have been given ample opportunity to settle their obligations to the government, though some have chosen to close down because of the impact of Covid-19 on their business, the regulator said.

Fewer foreign laborers seeking POGO work

The Department of Labor and Employment (DOLE) has reported that the number of Chinese and other foreign workers seeking employment in the Philippine Offshore Gaming Operators (POGOs) sector has fallen by about half this year.

Philippine targets for online gaming revenue ebb

The Philippine government’s target to double revenue from online gambling looks to be on shaky ground, as only half the operators have resumed business following Covid-19 and other licensing jurisdictions look to benefit from the fallout.

Exiting POGOs inquiring about Isle of Man licenses

The regulator of the Philippines online gambling industry, Philippine Amusement and Gaming Corporation (PAGCOR) has warned for some time now that online operators could be leaving the country for greener pastures.
Presidential office denies that POGO “exodus” is underway

Presidential office denies that POGO “exodus” is underway

Presidential spokesman Harry Roque took issue on Thursday with suggestions that the reduction in the number of Philippine Offshore Gaming Operators (POGOs) operating in...
More signs of POGO decline in Manila

More signs of POGO decline in Manila

Philippine Finance Secretary Carlos Dominguez III said Wednesday that some resident Chinese are canceling their leases in Manila as the government crackdown on the...
Philippines Bureau of internal Revenue

Tax office concedes POGO takings down

The Bureau of Internal Revenue, which had been planning to double revenue from Philippine Offshore Gambling Operators (POGOs) concedes takings are down as few have reopened following the pandemic.
Philippines Bureau of internal Revenue

Philippines seeks to squeeze more tax from POGOs

Philippines President Rodrigo Duterte has signed an economic recovery package into law that will seek to more than double the amount of revenue the government gets from Philippine Offshore Gambling Operators (POGOs).
Philippines Bureau of internal Revenue

Tax authorities warn POGOs to pay tax before reopening

The Philippines’ Bureau of Internal Revenue has reiterated that Philippine Offshore Gaming Operators (POGOs) need to pay a 5-percent franchise tax before they can resume their operations and denied that the levy was a new cost for business.

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