A group of 14 licensed Philippine online gaming operators is calling for stronger regulation rather than an outright ban, asserting that such a prohibition would push Filipino players into the black market and jeopardize the country 's economic gains. As Congress debates proposals to outlaw...
The Philippine Amusement and Gaming Corporation (Pagcor) announced its full commitment to intensifying efforts against illegal online gaming activities, acknowledging that it is the prerogative of lawmakers to propose legislation deemed beneficial to the public. In a statement on Friday, July 4,...
The Philippine Amusement and Gaming Corporation (Pagcor) has launched a website that allows the public to verify the legitimacy of online gaming providers. In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer, announced the launch of the “PAGCOR Guarantee” website...
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,...
Two more heads of government-owned and controlled corporations (GOCCs), one of whom was among the highest-paid officials last year, have submitted their courtesy resignations to President Ferdinand Marcos Jr. Alejandro Tengco, chairman and CEO of Philippine Amusement and Gaming Corporation...
The Bangko Sentral ng Pilipinas (BSP) and state-run Philippine Amusement and Gaming Corp. (PAGCOR) on Monday both issued alerts against scammers on instant messaging sites as well as social media. In a statement, the BSP warned against fraudulent Viber messages using the photo of Deputy Governor...
The Philippine Amusement and Gaming Corp. (Pagcor) reported that its revenues surged in the first three months of the year on the back of improved operational efficiency and strategic reforms. In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer, said the state-run firm...
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...
In an effort to combat illegal gaming and boost the legitimate e-games sector, the Philippine Amusement and Gaming Corp. (Pagcor) has announced another reduction in its fee rates for electronic games. In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer, said fee rates...
The Philippine Amusement and Gaming Corporation (Pagcor) and San Miguel Infrastructure have signed a 25-year lease agreement for the 15-hectare Nayong Pilipino property in Pasay City. In a statement, the government’s gaming regulator said the agreement, formally signed on Dec. 12, 2024, will...
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...
