Newport World Resorts in Manila, Philippines, is set to expand its operations under the Philippine Inland Gaming Operator (PIGO) license. The expansion will include new table games, with the chief operating officer, Hakan Dagtas, announcing that the updated offering will be launched in December. Currently, the property offers PIGO clients the opportunity to play 50 slot machines.
The PIGO license has been instrumental during the global COVID-19 pandemic, allowing land-based casino owners in the Philippines to provide iGaming services to the local market at a time when restrictions prevented Philippine players from visiting casinos. Unlike the Philippine Offshore Gaming Operator (POGO) licenses, which focus on overseas player services, PIGO permits are designed for the local market.
The PIGO games must be linked to physical gaming tables or machines operated by the PIGO licensee, distinguishing them from traditional online gambling. As such, PIGO is widely known as a form of “remote gambling.”
The owner and operator of Newport World Resorts, Travellers International Hotel Group Inc., reported a net loss of PHP13 million (approximately US$232,252) in the third quarter, a decrease compared to the previous year. However, net income during the same period reached almost PHP8.28 billion, representing a significant growth compared to 2022.
Newport World Resorts, formerly known as Resorts World Manila, is located near Ninoy Aquino International Airport Terminal 3 in Pasay, Manila, and is owned and operated by Travellers International Hotel Group, Inc.
The expansion of table games under the PIGO license signifies the property’s commitment to enhancing its offerings for local players, amidst the evolving landscape of the gaming industry in the Philippines.