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...
The Philippine Amusement and Gaming Corp. (Pagcor) expects that the local gaming industry will see further growth in the coming years, fueled by increased demand for leisure, travel, and entertainment. In a statement, Ajejandro H. Tengco, Pagcor chairman and chief executive officer, said the gaming...
Senators renewed their call on Monday, Oct. 30 to ban Philippine Overseas Gaming Operators (POGOs) and create stiffer regulations in the country following a raid in Pasay City that resulted in the rescue of more than 700 individuals. Senate Majority Leader Joel Villanueva said that it baffles...
Senator Jinggoy Estrada is looking to have more severe penalties, such as life imprisonment and substantial fines, against individuals who will be found guilty of game-fixing in professional or amateur sporting events in the country. "It is imperative that we uphold the true spirit of fair play and...
By MARK REY MONTEJO Boxing icon Manny Pacquiao and basketball legends Robert Jaworski and Ramon Fernandez are among the Filipino sporting greats set to be feted in the 2023 Philippine Professional Sports Summit at the PICC in Pasay City on Saturday, Sept. 30. Games and Amusement...
The government's portion of the income generated by the Philippine Amusement and Gaming Corp. (Pagcor) increased by almost half in the first seven months of the year but remained below pre-pandemic levels. According to the Bureau of the Treasury's report, the government's gaming regulator and...
Senators have expressed support for the Philippine Amusement and Gaming Corporation's (Pagcor) move to transition solely as a regulatory body. Sen. Grace Poe believes that if the Philippine Amusement and Gaming Corporation (Pagcor) can effectively navigate its role as a regulator, it can...