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The sudden drop in high rollers leads to a performance reversal! Solaire's parent company loses 1.4 billion pesos in Q2.

The sudden drop in high rollers leads to a performance reversal! Solaire's parent company loses 1.4 billion pesos in Q2.

The well-known Philippine casino "Solaire Resort" parent company—Bloomberry Resorts Corporation—announced its financial report, revealing a net loss of 1.4 billion pesos in the second quarter of 2025, a significant reversal from the 1.3 billion pesos profit of the same period last year. The company

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Gambling Revenue Skyrockets! PAGCOR Earns 10.8 Billion Pesos in First Half, Allocates Funds to Support Universal Health Care

Gambling Revenue Skyrockets! PAGCOR Earns 10.8 Billion Pesos in First Half, Allocates Funds to Support Universal Health Care

The Philippine Amusement and Gaming Corporation (PAGCOR) announced its financial report for the first half of 2025, with total revenues reaching 59 billion pesos, a 14% increase year-on-year; net income jumped significantly by 64.3%, reaching 10.8 billion pesos. This performance once again consolida

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Online gambling revenue surpasses physical casinos for the first time, with the Philippines earning over 2 billion USD in six months!

Online gambling revenue surpasses physical casinos for the first time, with the Philippines earning over 2 billion USD in six months!

The Philippine gaming regulatory body PAGCOR released data on July 29th, showing that the national gaming revenue reached 214.75 billion pesos (approximately 3.75 billion US dollars) in the first half of 2025, a 26% increase year-over-year, setting a new historical high. Among them, online gaming (e

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Tanzania's gambling industry accelerates transformation: Over 70% of bets shift online, raising concerns about regulation and addiction risks.

Tanzania's gambling industry accelerates transformation: Over 70% of bets shift online, raising concerns about regulation and addiction risks.

According to the "Citizen Report", the Tanzanian gambling industry is experiencing an unprecedented digital reshaping. In 2023, the total number of gambling users in the country reached 39.5 million, accounting for about 56% of the total population, with more than 70% of betting activities occurring

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Philippine gaming revenue exceeds one hundred billion in half a year, PAGCOR supports casinos to boost economy and control risks simultaneously.

Philippine gaming revenue exceeds one hundred billion in half a year, PAGCOR supports casinos to boost economy and control risks simultaneously.

The Philippine Amusement and Gaming Corporation (PAGCOR) recently released data showing that the total gaming revenue (GGR) for the first half of 2025 reached 215 billion pesos, with integrated resort casinos contributing up to 93.36 billion pesos, accounting for about half. These casinos also broug

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The senior management of Sands Group strongly supports the gambling reform in Thailand: if they dare to break the game, it could become the next "Las Vegas of Southeast Asia".

The senior management of Sands Group strongly supports the gambling reform in Thailand: if they dare to break the game, it could become the next "Las Vegas of Southeast Asia".

Las Vegas Sands Corp. President and COO Patrick Dumont recently pointed out that if Thailand wants to become a global powerhouse in entertainment complexes, the key lies in "clear regulation" and "decisive strategy". He stated that Thailand has great tourism potential and investment appeal, but with

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"Legal system specifically oppresses the poor"? Philippine Supreme Court Justice harshly criticizes gambling double standards: Government profits from gambling, while common people tossing coins in "cara y cruz" end up in jail.

"Legal system specifically oppresses the poor"? Philippine Supreme Court Justice harshly criticizes gambling double standards: Government profits from gambling, while common people tossing coins in "cara y cruz" end up in jail.

Philippine Supreme Court Justice Marvic Leonen recently criticized the national "double standards" in gambling laws in a ruling, pointing out that the enforcement of the law is class-biased and severely erodes social fairness.The case originated from two men who were charged with gambling for playin

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Philippine Online Gambling Frenzy: After Banning POGO, First Quarter Revenue in 2025 Soars to 51.3 Billion Pesos!

Philippine Online Gambling Frenzy: After Banning POGO, First Quarter Revenue in 2025 Soars to 51.3 Billion Pesos!

The Philippine gaming regulatory body Pagcor has announced that the revenue from online gambling (e-gaming) in the first quarter of 2025 continued to surge, reaching 51.39 billion PHP, accounting for 28% of the total gaming revenue—online revenue has nearly reached the total annual amount of 2023, b

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The Evolution of Macau's Gaming Industry: From "Intermediary Model" to "Integrated Resort Model"

The Evolution of Macau's Gaming Industry: From "Intermediary Model" to "Integrated Resort Model"

Preface: Unveiling the Hidden Engine of a CityMacau, a tiny speck of land on the coast of the South China Sea, has created the most astonishing gambling revenue records in the world. It is not only a pilgrimage site for Asian gamblers but also a profit engine built on probabilities, psychology, and

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New York Online Sports Betting Hits New Revenue High in May: Transaction Volume Declines but Gambling Profits Continue to Grow

New York Online Sports Betting Hits New Revenue High in May: Transaction Volume Declines but Gambling Profits Continue to Grow

Despite a slight decline in overall transaction volume, New York's online sports betting recorded a record total gaming revenue (GGR) in May 2025, reaching $248.9 million, surpassing the previous high of $247 million set in January this year, achieving a 0.8% month-on-month growth.According to the l

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The Hidden Concerns Behind the Prosperity of the Philippine Gaming Industry: A Study on the Development Trends of the Philippine Gaming Industry

The Hidden Concerns Behind the Prosperity of the Philippine Gaming Industry: A Study on the Development Trends of the Philippine Gaming Industry

This article combines the article by Fu Jun, the president of the Macau International Design Federation. Although the article was written in 2023 and does not supplement the latest information, it has considerable value for understanding the overview of the Philippine gaming industry to a certain ex

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The Dutch gambling regulator Kansspelautoriteit (KSA) has announced an intensification of its crackdown on illegal gambling machines.

The Dutch gambling regulator Kansspelautoriteit (KSA) has announced an intensification of its crackdown on illegal gambling machines.

The Dutch gambling regulatory authority, Kansspelautoriteit (KSA), announced that after closing several casino branches in the country, it will refocus on illegal gambling machines.In fact, the recent increase in gambling taxes has led to the closure of many branches, and even large operators like H

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Okada Manila Casino's Q1 2025 gambling revenue fell by 11% year-on-year, significantly dragged down by VIP business.

Okada Manila Casino's Q1 2025 gambling revenue fell by 11% year-on-year, significantly dragged down by VIP business.

In the first quarter of 2025, the total gaming revenue of Okada Manila, a comprehensive resort in Entertainment City, Manila, Philippines, recorded 7.81 billion pesos (approximately 137 million US dollars), a year-on-year decline of 11.1% and a decrease of 13% from the previous quarter (8.98 billion

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The CEO of the Brazilian Responsible Gambling Association IBJR warns that illegal operators occupy 60% of the gambling market.

The CEO of the Brazilian Responsible Gambling Association IBJR warns that illegal operators occupy 60% of the gambling market.

The co-founder and CEO of the Brazilian Responsible Gambling Association (IBJR), André Gelfi, warns that the illegal market still accounts for about 60% of Brazil's monthly gambling total revenue (GGR).Brazil launched its regulated online gambling market on January 1, ending years of regulatory dela

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Betting and online gaming drive Greek gambling group OPAP to set revenue record in 2024.

Betting and online gaming drive Greek gambling group OPAP to set revenue record in 2024.

Greek gaming group OPAP reports that its gaming gross revenue (GGR) for the fiscal year 2024 reached a record €2.3 billion (£1.93 billion/$2.5 billion), thanks to growth in its gaming and igaming sectors.Annual revenue as of December 31, 2024, was 10% higher than the previous year and current record

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The development of the gambling industry in Portugal is strong, and online gambling has become an important source of revenue for the Portuguese treasury.

The development of the gambling industry in Portugal is strong, and online gambling has become an important source of revenue for the Portuguese treasury.

Regulation of Online Gambling in PortugalIn 2015, Portugal introduced the "Online Gambling and Betting Legal Framework" (RJO), which set clear regulations for operators wishing to conduct online gambling activities both domestically and internationally.The law is enforced by the Gambling Regulation

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