#OffshoreGamingBan

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PAGCOR closes two Casino Filipino venues due to financial losses

Alejandro Tengco said employees will be returned to their mother units.The Philippines.- The Philippine Amusement and Gaming Corporation (PAGCOR) has decided to close Casino Filipino sites in Talisay, Cebu, and in Tagum, Davao del Norte. Alejandro Tengco, PAGCOR’s chairman and CEO, said the decision

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Office vacancies in Metro Manila rise after offshore gaming ban

The CBRE says 31 per cent of the vacant spaces originate from the ban on offshore gaming operators.The Philippines.- Analysts at CBRE have reported that vacant office space in Metro Manila rose to 19.9 per cent to nearly 1.8 million sqm in 2024. Of this, 51 per cent consists of vacated spaces, while

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