The Pateros municipal government received P6 million aid from the Philippine Amusement and Gaming Corporation (PAGCOR) on Thursday, Feb. 10, to be used to purchase mobile tablets for indigent students. Mayor Miguel “Ike” Ponce received the check from the PAGCOR Board headed by Chairman and...
The Anti-Money Laundering Council (AMLC) has recognized the Philippine Amusement and Gaming Corp. (PAGCOR) for its contribution in fighting money laundering and financing of terrorism. In a statement, the government’s gaming regulator and operator said it received commendation from AMLC for its...
Heard It Through the GripeVine: Our New Abnormal It’s heartening to read about government work and public service being achieved, even in the face of dwindling revenues; as it exemplifies how in some institutions, there is no room for excuses or lame explanations. In such public corporations, it...
The Government Service Insurance System (GSIS) and Social Security System (SSS) topped the list of state-run firms in terms of income for 2020 but both also registered the largest amount of expenditures during the year that the 2019 coronavirus disease (COVID-19) pandemic hit the country, the...
Government business enterprises (GBEs) earned P1.268 trillion in 2020 but spent P1.613 trillion, thus, resulting to a P345.11 billion in losses before tax, 2020 Annual Financial Report released by the Commission on Audit has revealed. Renamed by COA as Commercial Public Sector Entities (CPSE’s),...
Former House Speaker Alan Peter Cayetano on Sunday challenged lawmakers to think critically about the 25-year franchise application of online cockfighting or e-sabong operators being deliberated in the Lower House despite opposition to the proposed bill from religious leaders and other legislators....
House Deputy Speaker and CIBAC Partlist Rep. Bro. Eddie Villanueva has called on the electorate to join the protest against the proliferation of legal online gambling, particularly e-sabong or online cockfighting, by not voting candidates who favor their continued operations. Bro. Villanueva issued...
The Philippine Amusement and Gaming Corp. (Pagcor) has urged overseas Filipinos not to patronize online cockfight betting games that are considered illegal offshore operations. In a statement, the country’s gaming regulator said on Thursday, Nov. 18, said that E-sabong websites that are...
State-run Philippine Amusement and Gaming Corp. (Pagcor) posted a contraction in revenues in the first nine-months of the year, missing its target for the period. Based on the Pagcor’s third-quarter budget performance report, its income from gaming operations declined by 0.21 percent to P22.28...
PH Resorts Group Holdings Inc., the gaming unit of businessman Dennis Uy’s Udenna Corporation, has asked the government to suspend the license of its casino project in Clark Freeport Zone, Pampanga because of stiff competition in the area. In a disclosure to the Philippine Stock Exchange PH...
To help cushion the impact of the pandemic on the local economy, the state-run Philippine Amusement and Gaming Corp. (Pagcor) approved a financial relief to cities and local government units (LGUs) hosting the Casino Filipino branches. In a statement, Andrea D. Domingo, Pagcor chairman and chief...
Leisure & Resorts World Corporation is now venturing into sports betting after wholly-owned subsidiary Total Gamezone Xtreme Inc. (TGXI) has been accredited by the Philippine Amusement and Gaming Corporation (PAGCOR) accreditation. In a disclosure to the Philippine Stock Exchange, LRWC said...
