Philippine President Marcos has ordered all POGOs out of the country by the end of the year In a move to address growing concerns over crime, corruption, and social issues, Philippine President Ferdinand Marcos Jr. has issued a ban on Philippine Offshore Gaming Operators (POGO). This drastic measure aims to dismantle an industry that has
32-year-old Darren Young died under mysterious circumstances as he was traveling through Asia The family of Darren Young, a 32-year-old professional poker player from Kilmarnock, Scotland, is grappling with unanswered questions surrounding his death in the Philippines earlier this year. Young’s body was found in a luxury condo he rented in Manila, and his mother,
A bill would bring to an end the Philippine Offshore Gaming Operators segment for good The Philippines has had a love-hate relationship with online gambling, and it now seems to be heading back toward the negative side. Senator Sherwin Gatchalian has proposed legislation to ban Philippine Offshore Gaming Operators (POGOs) from doing business in the country, noting
The cryptocurrency exchange’s troubles are following it around the world Cryptocurrency exchange Binance is facing more difficulties outside the US, as authorities in Canada and the Philippines recently took action against the company. The company currently accounts for 58% of the total centralized exchange spot trading volume as of March 2024 and is the dominant player in the derivatives
The US SEC has roped in a fellow financial watchdog to support its efforts The Philippines Securities and Exchange Commission (SEC) has joined forces with its US counterpart and the Asian Development Bank to fight criminals who commit financial crimes, including cryptocurrency fraud. A recent press release revealed that the three agencies held an International
The gaming regulator of the Philippines plans on pushing for online poker and slots Alejandro Tengco, the President and CEO of PAGCOR (the Philippine Amusement and Gaming Corp), shed light on sweeping alterations that are set to revolutionize the gaming landscape in the Philippines. These transformative changes encompass the implementation of a well-regulated online poker
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