Despite the ban on online gambling in the Philippines, the total revenue of the gambling industry still grew by 25%.
Despite the ban on Philippine Offshore Gaming Operators (POGO), the Philippine gaming industry still experienced significant growth in 2024, with total gaming revenue (GGR) reaching 410 billion Philippine pesos, a 25% increase from the previous year.Alejandro H. Tengco, Chairman and CEO of the Phili
Flutter Reports 20% Increase in Revenue for Second Quarter, Raises Full-Year Outlook
Flutter Entertainment announced a 20% year-on-year increase in revenue for the second quarter of 2024, reaching a total of $3.61 billion.The company's net income rose to $297 million, a 364% increase from the $64 million reported in the second quarter of 2023. This growth was accompanied by a rise i
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