Philippines
Philippine Gaming Industry Hits Record High with Php 285.27 Billion in GGR for 2023
This remarkable performance not only surpasses pre-pandemic levels but also sets a new record, exceeding the previous peak of Php256.49 billion in 2019.
A Remarkable Recovery
The success story of the...
Philippine Casino Sector Sees Growth in Gross Gaming Revenue
This figure represents a modest increase from the PHP56.61 billion reported in the preceding quarter and a significant 15.1 percent rise from the same period in the previous year.
Data...
PAGCOR Shifts Focus: Transitioning to Sole Regulatory Role in Philippines
Alejandro H. Tengco, Chairman and CEO of PAGCOR, disclosed this strategic shift during the IAG Academy Summit on September 13, 2023, where he served as the keynote speaker and...
PAGCOR Chairman Denies Graft Allegations Over Missing E-Sabong Bond
Alejandro H. Tengco, Chairman of the Philippine Amusement and Gaming Corporation (PAGCOR), has vehemently denied allegations of graft in connection with a missing PHP75 million ($1.32 million) performance bond...
PAGCOR Initiates Legal Action Against 33 Unpaid POGOs Over Outstanding Fees
The Philippine Amusement and Gaming Corporation (PAGCOR) has taken a decisive step by launching legal proceedings against 33 offshore gaming licensees for failing to pay their dues, accumulating to...
PAGCOR Unveils New Framework to Tackle Offshore Gaming Activities
In a concerted effort to combat illegal activities linked to offshore gaming operations, PAGCOR has taken a bold step by introducing a comprehensive regulatory framework for offshore gaming licensees....