During the Inside Asian Gaming Summit on yesterday, PAGCOR chairman and CEO Alejandro Tengco said the gross gaming revenue (GGR) remittance rate of betting platforms would be slashed further starting Jan. 1, 2025.
As such, fees will be cut to 30 percent for brick-andmortar licenses and a lower 25 percent for integrated resorts which are also involved in online gaming due to their more complex operations amid the need for infrastructure, foreign consultants and professional managers.
Currently, the rate is at 35 percent for both.
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MAKE YOUR HOLIDAYS LIT AT SM MALL OF ASIA!
What's the vibe this Christmas? It's all about celebrating Paskong Pinoy-a season where love, laughter, and traditions take center stage. At SM Mall of Asia, the festive energy is electric, offering everything you need for an unforgettable holiday season.
Alternergy's Tanay wind dev't gaining steam
Renewable power developer Alternergy Holdings Corp. (AHC) is on track to complete its massive wind farm in Rizal by end-2025, with installation of wind turbines targeted as early as next month.
BSP open to more rate cuts
The Bangko Sentral ng Pilipinas is open to delivering policy rate cuts as early as its first meeting in 2025, but easing measures will remain aligned with the central bank's forward guidance, BSP Governor Eli Remolona Jr. said.
BINI LOOKS FORWARD TO WORLD TOUR IN 2025
WHAT A YEAR 2024 HAS been for BINI. But it looks like 2025 is shaping up to be an even bigger year for the \"Nation's Girl Group\" with their first-ever world tour.
Supporting the next-gen of OPM artists
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NETFLIX UPS THE ANTE IN GLOBAL PREMIERE FOR 'SQUID GAME 2'
Nothing like it. Hands down! Now let me walk you through this half-visual article about the \"Squid Game\" Season 2 world premiere in Seoul, which happened two weeks ago.
OF SWEET MEMORIES FOR SHIRLEY
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PRESERVING TRADITION, INSPIRING INNOVATION
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GETTING TO KNOW THE BEEHIVE STATE ONE SIP AND BITE AT A TIME
It's not just the landmarks that offer the best insights into a place and its culture. It's the food. Through Funeral fries and green Jell-O, I flew back home with a deeper appreciation of Salt Lake City and its people that will stay with me and my palate for years to come! -
To Laki With Love
Larry Henares taught me how to write. He taught me how to enjoy the humanities â art, literature, cinema. Most importantly, he taught me how to live.
