ASEAN Gaming Summit

ASEAN Gaming Summit Conference focused on the burgeoning markets of SE Asia. Connect with industry professionals.

The ASEAN Gaming Summit will draw together the region’s leading operators, regulators and suppliers, who are successfully developing the next generation of gaming offerings, both terrestrial and online.

Speaking at the 2025 EJAP Economic Forum in Manila, Finance Secretary Ralph Recto said the proposed amnesty would differ...
12/08/2025

Speaking at the 2025 EJAP Economic Forum in Manila, Finance Secretary Ralph Recto said the proposed amnesty would differ from a 2019 version vetoed by then-president Rodrigo Duterte, and aims to be passed within the year pending presidential or cabinet approval.

The Philippines is considering a new general tax amnesty program and tougher rules on online gambling.

Under the new framework, financial service providers must implement strict identity verification processes, including bi...
07/08/2025

Under the new framework, financial service providers must implement strict identity verification processes, including biometric checks such as facial recognition, to ensure only eligible individuals can use their funds for online gambling.

Philippine central bank targets online gambling risks with new rules on ID checks, transfer limits, and consumer protection tools for digital finance users.

In an official statement, the GSIS assured that the pension fund is “strong, secure, and actuarially sound” and said it ...
07/08/2025

In an official statement, the GSIS assured that the pension fund is “strong, secure, and actuarially sound” and said it welcomes “scrutiny and call for public disclosure”.

The Philippines’ Government Service Insurance System (GSIS) has responded to criticism from a top Senator over its investment in shares of online gaming giant DigiPlus.

Stocks in online gaming-linked companies, including DigiPlus, have seen significant decreases since numerous top officia...
06/08/2025

Stocks in online gaming-linked companies, including DigiPlus, have seen significant decreases since numerous top officials have called for restrictions or an outright ban on online gambling in the Philippines.

The Philippines’ Government Service Insurance System (GSIS) has been called out by a Senator for allegedly investing over PHP1 billion in the Philippine’s largest online gambling platform DigiPlus.

“I think that the government’s evolving gaming policies and regulations will ultimately favor diversified gaming compani...
05/08/2025

“I think that the government’s evolving gaming policies and regulations will ultimately favor diversified gaming companies who have the resources, technology, and offerings to responsibly cater to as large a market as possible,” said Juan Paolo Colet, Managing Director at Chinabank Capital.

Philippine gambling reforms seen favoring firms with diverse, tech-driven offerings, says an expert.

But golf is not the only thing expected to drive visitors to his 450-hectare property. Given his Korean background, Han ...
05/08/2025

But golf is not the only thing expected to drive visitors to his 450-hectare property. Given his Korean background, Han is banking on the K-experience to also drive continued growth. And the targeting is “to use golf for the luxury market and this Korean experience for the mass market”.

Han Resorts’ founder Dae S*k Han says that the $200 million-plus IPO for his company is out of a desire to not “slow down all of this development,” noting that “it’s much better to go to this public market”.

“We must first know where the problem lies—is it in the license, the online gambling app, or the unlicensed sites? We ne...
03/08/2025

“We must first know where the problem lies—is it in the license, the online gambling app, or the unlicensed sites? We need to understand where our countrymen are getting addicted to gambling, and whether it’s because of illegal gambling apps,” said Palace Press Officer Claire Castro.

Marcos government delays decision on a possible online gambling ban in the Philippines, stressing the need to assess addiction causes and revenue implications.

Several senators, including Loren Legarda, Raffy Tulfo, Risa Hontiveros, and Francis Pangilinan, have expressed support ...
01/08/2025

Several senators, including Loren Legarda, Raffy Tulfo, Risa Hontiveros, and Francis Pangilinan, have expressed support for tougher measures. Some advocate for enhanced regulation, while others back legislation that would outlaw online gambling entirely.

Amid calls for a ban, the Philippine Senate will hold a hearing on online gambling, citing debt, addiction, and weak underage protections.

“If the current pace continues, our UHC contribution could reach PHP25 billion ($438 million) by yearend—enough to provi...
31/07/2025

“If the current pace continues, our UHC contribution could reach PHP25 billion ($438 million) by yearend—enough to provide PHP10,000 ($175) worth of healthcare assistance to over 2.5 million Filipinos,” said PAGCOR Chairman and CEO Alejandro H. Tengco.

PAGCOR 1H25 revenue up 14% to $1.03B, driven by gaming and license fees; net income surges 64%, contributions to public funds rise.

Electronic games emerged as the dominant revenue driver, generating PHP114.83 billion ($2.01 billion) and capturing 53.4...
30/07/2025

Electronic games emerged as the dominant revenue driver, generating PHP114.83 billion ($2.01 billion) and capturing 53.47 percent of total gross gaming revenue.

Philippine GGR surges to $3.8B in 1H25, with e-games taking a 53% share amid growing oversight and digital dominance.

“I am not in favor of gambling. My advice: do not gamble,” said Finance Secretary Ralph Recto. “But if people do, we’d r...
29/07/2025

“I am not in favor of gambling. My advice: do not gamble,” said Finance Secretary Ralph Recto. “But if people do, we’d rather regulate it than have them resort to illegal operations.”

Online gambling in the Philippines faces a possible GGR tax hike to 40%, as officials push for reforms and warn against illegal operations.

Amid mounting calls from legislators and various sectors for a total ban on online gambling, the President’s silence sig...
29/07/2025

Amid mounting calls from legislators and various sectors for a total ban on online gambling, the President’s silence signaled a refusal to be rushed into a decision on a complex issue that requires more data, deeper study, and holistic understanding, said Quiogue, CEO and founder of Arden Consult.

The Philippine President’s silence on online gambling during his State of the Nation Address reflects a calculated decision to prioritize data, economic needs, and regulatory reform, notes an expert.

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Shangri-La At The Fort, 30th Street, Corner 5th Avenue, Taguig
Manila
1634

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+853 2871 7267

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