The Philippine Amusement and Gaming Corp. (Pagcor) expects full separation from its casino operations within the next five years, and aims to open at least one integrated resort (IR) each year to drive growth. In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer, said...
The popularity of online gaming and casinos has surged significantly, with the Philippine Amusement and Gaming Corp. (Pagcor) reporting a near doubling of revenue from electronic games of chance over the past year. Alejandro H. Tengco, Pagcor chairman and chief executive officer, said on Monday,...
State-owned Philippine Amusement and Gaming Corp. (PAGCOR) recently launched a series of relief missions to assist hundreds of individuals and families across the country. Pagcor representatives turn over more than 400 relief packs to Manila City Department of Social Welfare Director Ma. Asuncion...
State-owned Philippine Amusement and Gaming Corp. (Pagcor) reported a strong double-digit revenue growth last year, but it fell short of pre-pandemic levels. In a statement, the government's gaming regulator and operator said that the company generated P79.37 billion in revenues from January to...
Sen. Raffy Tulfo said on Thursday, Feb. 1, that the Governance Commission for GOCCs (GCG) has taken care of its promise to fix the Compensation and Position Classification System (CPCS) of the Philippine Amusement and Gaming Corporation (PAGCOR). In a statement, Tulfo said that it includes...
Philippine Amusement and Gaming Corporation (PAGCOR) is targeting to launch its own internet gaming platform by the second half of this year in order to keep up with the fast-growing revenue source. In an interview, PAGCOR Chairman and CEO Alejandro H. Tengco said the plan is still on track and...
The Philippine Amusement and Gaming Corp. (Pagcor) boosted its contributions to state coffers in the first 11 months of last year, but they continued to lag behind pre-pandemic figures. Data from the Bureau of the Treasury showed that the national government's portion of Pagcor's earnings rose by...
The Philippine Amusement and Gaming Corporation (PAGCOR) expects E-Games and new integrated resorts to boost revenues to P336.38 billion this year even as it reported record high gross gaming revenues (GGR) of P285.27 billion for 2023. In an interview, PAGCOR Chairman and CEO Alejandro H. Tengco...
The government's portion of the Philippine Amusement and Gaming Corp. (Pagcor) revenues jumped in the first 10 months of the year, but it remained below the pre-pandemic level. The government's gaming regulator and operator contributed P27.17 billion between January and October, meeting the...
The Philippine Amusement and Gaming Corp. (Pagcor) reported that the gross gaming revenues (GGR) from gambling operations in the country have exceeded their pre-pandemic levels in the first nine-months of the year. From January to September this year, the country's total GGR reached P205.15...
The Philippine Amusement and Gaming Corp. (Pagcor) said it remitted additional dividends to the Bureau of the Treasury to bolster the government’s budget for various programs. In a statement, Pagcor announced that the government's gaming regulator and operator transferred P5 billion in cash...
Government-run casino centers are in for a major upgrade as the Philippine Amusement and Gaming Corp. (Pagcor) expects to deliver 3,000 brand new slot machines by January next year. Ajejandro H. Tengco, Pagcor chairman and chief executive officer, said the delivery of brand new slot machines is a...
