Philippines E-gaming Still Progressing Despite Presidential Disruption

Pagcor report shows that revenue generated from e-gaming sites was PHP5.57 billion, up slightly year-on-year despite presidential licensing mayhem

The latest quarterly report from the Philippines Amusement and Gaming Corporation regulator shows that the e-gaming sector managed to achieve a slight year-on-year improvement, remarkable considering the licensing suspensions and general mayhem caused by the nation's relatively new maverick president, Rodrigo Duterte.
Revenue generated from e-gaming sites in Q3-2016 was PHP5.57 billion, up from the PHP5.32 billion in the comparative period last year.
The vertical continues to deliver a lower contribution to the overall total revenue than the nation's land casino sector, where revenue rose to PHP34.16 billion, compared with PHP30.41 billion a year earlier.
Overall, total gambling revenue rose 11.2 percent y-o-y to PHP39.74 billion ($807.2 million), led by higher revenue from casinos in Entertainment City.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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