The Philippine Amusement and Gaming Corp. (Pagcor) said that brick-and-mortar casinos will remain relevant despite the strong growth of online casinos. At the 2024 SiGMA Asia Summit, Alejandro H. Tengco, Pagcor chairman and chief executive, said people's innate need for connection and closeness...
The Philippine Amusement and Gaming Corp. (Pagcor) said that the country’s integrated resorts and casinos are driving local tourism growth. Ma. Vina Claudette Oca, Pagcor's assistant vice president for gaming licensing, said that investments in these establishments generate a ripple effect...
The Philippine Amusement and Gaming Corp. (Pagcor) said that about 255 former offshore gaming operations, previously known as “POGOs,” may have been operating illegally in the country. Alejandro Tengco, Pagcor chairman and chief executive officer, said these 255 POGOs had their overseas gaming...
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 Solaire Resort North has now opened its doors in Quezon City, a development that the Philippines Amusement and Gaming Corp. (Pagcor) expects to be a catalyst for a new chapter in the gaming and tourism sectors. In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer,...
The local gaming industry has posted a record performance in the first three months of the year, propelled by the electronic games (E-Games) sector. The Philippine Amusement and Gaming Corp. (Pagcor) said the country's gross gaming revenues (GGR) surged 18 percent to P81.7 billion between January...
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...
The Philippine Amusement and Gaming Corp. (Pagcor) has reported a surge in its net income for the first quarter of year. Alejandro H. Tengco, Pagcor chairman and chief executive officer, said the state-run firm's total earnings reached P25.24 billion from January to March, up 42 percent...
The former head of the Subic Bay Metropolitan Authority (SBMA) has been appointed as the new president and chief operating officer of the Philippine Amusement and Gaming Corp. (Pagcor). In a statement, the gaming regulator and operator announced that Wilma Eisma was sworn in as its new president...
The government recorded a rise in revenue stemming from the operations of the Philippine Amusement and Gaming Corp. (Pagcor), surpassing the levels seen prior to the pandemic-induced lockdowns. Data from the Bureau of the Treasury indicated that the government's gaming regulator and operator...
State-owned Philippine Amusement and Gaming Corp. (Pagcor) advanced its mandated cash dividend remittance to bolster the government's efforts in driving economic growth and development in the country. Alejandro H. Tengco, Pagcor chairman and chief executive officer, said that the gaming regulator...
The Philippine Amusement and Gaming Corp. (Pagcor) expects an increase in revenue from government-run casinos this year despite ongoing privatization initiatives. In a statement on Thursday, March 21, the gaming regulator and operator stated that Pagcor-operated casinos are expected to yield P81.27...
