Debate over the future of the Philippines’ online gaming industry continues to rage with Joey Salceda – Chairman of the House Committee on Ways and Means and Albay 2nd district Rep – stating this week that banning the POGO industry “defies legal logic” Salceda believes winding down the POGO industry would cause more damage than good not only wiping out up to Php8 billion (US$145 million) in tax revenues but also Php192 billion (US$3.5 billion) gross value-added loss on real estate ancillary cost and other related services and industries that play a key role in supporting the POGO industry there isn’t any legal logic by which we can discriminate against POGOs as a class of businesses Making arbitrary or special exceptions against a business hurts our credibility,” Salcea said “A phaseout of an entire industry on the basis of the violations of some of them does not make sense if you apply it to any other business either I disagree with both a ban and a phaseout.” His comments follow calls by Senator Sherwin Gatchalian for the POGO industry to be shut down stating recently that the “POGO experiment” had failed to provide the economic benefits it had promised and instead “created new avenues for crime and corruption damaging our country’s reputation among diplomatic allies Chairman of the Senate Public Order and Dangerous Drugs Committee, Ronald ‘’Bato’’ dela Rosa, said last week that POGOs should be wound down gradually and in the meantime moved to a controlled zone is recommended to allow the government to “strictly supervise their operations and avoid the occurrence of crimes.” However, gaming regulator PAGCOR has maintained its stance that the POGO industry is here to stay – albeit with greater supervision “The Philippine Amusement and Gaming Corporation (PAGCOR) would like to reiterate its firm commitment to uphold the integrity of the gaming industry in the Philippines including offshore gaming,” the agency said in a recent statement “PAGCOR reassures the public that to maintain the integrity of regulated gaming in the country the state-run firm will not hesitate to impose appropriate sanctions or penalties to erring licensees or service providers We will ensure that all revenues from regulated gaming will continue to support the government’s nation-building efforts and uplift the lives of Filipinos.” Thailand’s Entertainment Complex journey is at a critical point with the success or failure of the initiative to be determined.. Inside Asian Gaming takes a deep dive into the new post-COVID Macau where a revenue environment that seems to be.. Premiering in September 2010 at City of Dreams The House of Dancing Water was a visionary creation by artistic maestro.. Chief Business Officer APAC for global testing laboratory GLI discusses his career journey and his passion for fast-paced.. Macau’s gross gaming revenue during the five-day May Day Golden Week holiday is estimated to have reached MOP$5.1 billion (US$639 million) or around MOP$1.02 billion (US$128 million) per day representing 12% year-on-year growth and easily exceeding pre-holiday expectations MGM China has rolled out a new “MGM Responsible Gaming Employee Care Program” aiming to provide its team members with a more extensive sustainable and efficient platform for responsible gaming (RG) promotion through diversified activities such as roadshows Leading gambling law and regulation conference Regulating the Game (RTG) has announced its first joint sponsors for its 2026 event: CherryHub and Ebet The duo is described as innovative Australian companies driving transformation across the gaming and hospitality sectors with.. New Zealand’s SkyCity Entertainment Group says it expects its group-wide EBITDA for the financial year ending 30 June 2025 to fall 4% below the bottom of its previous guidance range due to customers spending less than previously © 2005-2024 Inside Asian Gaming Please enter your username or email address to reset your password © 2005-2024 Inside Asian Gaming