Philippine President Ferdinand Marcos Jr. is making moves to officially ban Philippine Offshore Gaming Operations (POGOs). This decision comes after recent raids in Tarlac and Pampanga provinces revealed a laundry list of criminal activities associated with the industry, including money laundering, online scams, human trafficking, and even murder. The closure of POGOs is imminent as law enforcement investigates claims of mass graves at a Pampanga facility.
While the POGO ban is underway, Senator Win Gatchalian is turning his attention to Philippine Inland Gaming Operations (PIGOs), which cater to domestic players. Gatchalian has raised concerns about loopholes in PIGO regulations that allow almost anyone, including minors, to gamble online. The ease of creating fake accounts poses a significant risk for money laundering activities.
In Australia, Star Entertainment is working on securing new financing to support the company’s operations under the leadership of its new CEO, Steve McCann. The financial package includes an immediate infusion of funds to assist with the Queen’s Wharf development costs, with additional installments contingent on certain conditions. Star Entertainment is currently addressing issues outlined in the second Bell Inquiry to resolve its licensure concerns in New South Wales.
As Macau gears up for the Golden Week holiday in October, the gaming industry is anticipating an influx of mainland Chinese tourists. Accommodation demand is high, with major hotels like Galaxy Entertainment and MGM properties already fully booked. Golden Week provides a much-needed boost to Macau’s tourism and gaming revenue following a seasonal lull in visitation and spending.
In Malaysia, the Islamic party PAS has vowed to close Resorts World Genting if it secures victory in the next general election. The rise of PAS signals a shift in Malaysian politics towards mainstream political Islam. Resorts World Genting, owned by the Genting Group, is a prominent casino resort in Malaysia that contributes significantly to the country’s tourism industry.
Thailand is exploring the possibility of legalizing casino resorts, with support from Prime Minister Paetongtarn Shinawatra. The government aims to boost the economy through entertainment complexes with gaming facilities, but concerns have been raised about potential monopolies and foreign ownership. Lawmakers like Korrawee Prissananantakul advocate for government-operated casinos to ensure equitable distribution of benefits across the country.
Former Duterte spokesman Harry Roque is currently on the run from authorities following his alleged involvement with a POGO implicated in criminal activities. Roque’s ties to the illegal operation have led to calls for his arrest, with the House Quad Committee citing him for contempt. Despite the legal scrutiny, Roque remains defiant and is believed to be in the Philippines.
Melco Resorts & Entertainment is expanding its presence in Cyprus with the opening of a sales office to promote Macau as a tourism destination. The company, known for its operations in Macau and Manila, is set to launch a new integrated resort in Sri Lanka next year. Melco’s strategic expansion reflects its commitment to diversifying its global portfolio and attracting visitors to its various destinations.
