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...
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...
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...