The Philippine gaming industry is set for a significant transformation as the Philippine Amusement and Gaming Corporation (PAGCOR) announces a game-changing decision to reduce the gross gaming revenue (GGR) remittance rate for both online and on-site betting platforms to 35% starting April 1, 2024. This bold move by PAGCOR is poised to revolutionize the landscape of gaming investments in the Philippines, bringing it in line with global industry standards and fostering a more competitive and attractive environment for operators.
In the vibrant landscape of Quezon City, a new beacon of luxury and entertainment is set to rise – Solaire Resort North. Bloomberry Resorts Corp, the Philippines' land-based casino leader, is gearing up for the grand opening of its second integrated resort project in late May. This unveiling marks a significant milestone for Bloomberry, showcasing resilience and innovation in the face of unprecedented challenges.
A comprehensive look at MGM Resorts International's ambitious expansion into Thailand and the UAE, offering insights into the strategic motivations, market potential, and broader implications for the global casino industry.
Embrace the digital era with Thailand's new initiative – Digital Lottery Outlets! In our upcoming blog post, we explore the impact this transformation will have on businesses and employment, divulging insights brands must know. Keep abreast with AJM's blog to understand the finer nuances of this revolutionary step and how it impacts Asia's employment law and HR practices.
Welcome to AJM's latest blog post, where we navigate the maze of Asia employment law with expertise in human resources. As recovery in the Macau gaming industry propels a significant 13.9% GDP growth forecast by the International Monetary Fund for 2024, businesses and employees in the region must refresh their knowledge on employment legislation and practices. Stick around as we explore critical implications for HR, recruitment strategies, and how you can use this growth to your advantage. Engage AJM's recruitment services to stay at the top of your game.
Author: Janice Chew • Thursday, 21/03/2024
