State-run Philippine Amusement and Gaming Corp. (Pagcor) has launched the second phase of construction for the Philippine Military Academy Alumni Association Inc. (PMAAAI) building at Fort Andres Bonifacio in Taguig City, with total funding of ₱600 million. The ceremonial launch, held on Tuesday,...
Thailand’s plan to legalize casinos poses a major threat to the local gaming industry, potentially displacing it as Asia’s second-largest gambling hub, the Philippine Amusement and Gaming Corp. (Pagcor) said. Alejandro Tengco, Pagcor chairman and chief executive officer, told reporters on...
The Philippine Amusement and Gaming Corp. (Pagcor) is closing two Casino Filipino branches in Talisay, Cebu, and Tagum, Davao del Norte, due to financial losses, as part of its ongoing rationalization plan. Pagcor Chairman and Chief Executive Officer Alejandro Tengco said in a statement that both...
Sustained robust performance of the electronic games sector drove the Philippine Amusement and Gaming Corporation’s (Pagcor) net income by more than double its earnings in 2023. Pagcor announced on Thursday, Jan. 30, that its net income more than doubled (146 percent) from P6.81 billion in...
The country's gaming industry revenue surged by 37.5 percent in the third quarter of the year to P94.61 billion, driven by the robust growth of the electronic gaming sector, the Philippine Amusement and Gaming Corp. (Pagcor) said. In a statement on Thursday, Nov. 14, Pagcor Chairman and CEO...
The Philippine Amusement and Gaming Corp. (Pagcor) is stepping up its game with an upgrade to its Casino Filipino venues to attract more players and boost revenue. In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer, said that 1,968 units of the 3,341 new slot machines...
The Philippine Amusement and Gaming Corp. (Pagcor) stated that the electronic games (E-Games) sector can fill the gap created by the ban on offshore gaming operations imposed by President Marcos. Alejandro H. Tengco, Pagcor chairman and chief executive officer, said that the local gaming industry...
The Philippines' online casino industry is booming, with revenues of electronic games (E-Games) operators more than tripling in the first half of the year due to increased interest from Filipino players. The Philippine Amusement and Gaming Corp. (Pagcor) reported that the E-Games sector recorded a...
The Philippine Amusement and Gaming Corp. (Pagcor) said the privatization of government-operated casinos is set to begin earlier than initially projected, with a target start date in May next year. At the 2024 SiGMA Asia Summit, Alejandro H. Tengco, Pagcor chief executive and chairman, said that...
The Philippine Amusement and Gaming Corp. (Pagcor) said it would name a former high-ranking government official who lobbied for illicit offshore gaming operations. However, Alejandro H. Tengco, Pagcor chairman and chief executive, stated that he would unveil the name of this former Cabinet...
The Philippine Amusement and Gaming Corp. (Pagcor) said the real risk to national security emanates from foreign hacking and scam syndicates, not from legitimate and licensed offshore gaming operations (POGOs). In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer...
The Philippine Amusement and Gaming Corp. (Pagcor) issued a reminder to the public that hosting unregistered online raffles on social media platforms is against the law. In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer, said these activities constitute illegal online...
