The Philippine gaming sector’s high-speed growth was decelerated sharply in the third quarter, with industry-wide gaming revenue (GGR) plateauing at ₱94.51 billion, a nominal decline from ₱94.61 billion a year earlier. In a statement on Tuesday, Nov. 11, Alejandro H. Tengco, Pagcor chairman...
State-run Philippine Amusement and Gaming Corp. (Pagcor) reported a 49 percent increase in net income for the first nine months of the year to ₱14.32 billion from ₱9.63 billion in the same period last year. In a statement on Monday, Nov. 3, Pagcor Chairman and Chief Executive Officer Alejandro...
State-run Philippine Amusement and Gaming Corp.’s (Pagcor) plan to separate its dual roles as a gaming watchdog and player has become clearer and is now taking shape following its chief’s reiteration of the move. “Pagcor’s dual role has served its purpose in the past, but as the industry...
Senator Erwin Tulfo has urged the Philippine Amusement and Gaming Corporation (PAGCOR), Ad Standards Council (ASC), and the Kapisanan ng mga Brodkaster ng Pilipinas (KBP) to immediately review advertisements related to online gambling. Tulfo, who chairs the Senate Committee on Games and Amusement,...
Senator Erwin Tulfo on Thursday, July 31, made a call to e-wallet corporations to initiate the removal of online gambling links on their platforms as a form of social responsibility. Tulfo, Chairperson of the Senate Committee on Games and Amusement, made the call ahead of the upcoming hearings on...
The Philippine Amusement and Gaming Corp. (Pagcor) reported that integrated resort (IR) casinos experienced a decline in gross gaming revenues (GGR) in the first half of this year, despite the overall gaming industry recording significant growth. Pagcor Chairman and Chief Executive Officer...
Local think tank The Fourth Wall revealed that its recent study suggests that better regulations—not an outright ban—of the online gambling sector are needed to create a safer playing environment and prevent the proliferation of unregulated gambling platforms. The latest study by the...
To regulate the growing exposure of Filipinos to gambling, the state-run Philippine Amusement and Gaming Corporation (Pagcor) has ordered all gaming licensees, operators, suppliers, and system administrators to take down all gambling-related billboards and other out-of-home advertisements. “We...
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,...
