The Government Service Insurance System (GSIS) and Social Security System (SSS) topped the list of state-run firms in terms of income for 2020 but both also registered the largest amount of expenditures during the year that the 2019 coronavirus disease (COVID-19) pandemic hit the country, the...
Government business enterprises (GBEs) earned P1.268 trillion in 2020 but spent P1.613 trillion, thus, resulting to a P345.11 billion in losses before tax, 2020 Annual Financial Report released by the Commission on Audit has revealed. Renamed by COA as Commercial Public Sector Entities (CPSE’s),...
Former House Speaker Alan Peter Cayetano on Sunday challenged lawmakers to think critically about the 25-year franchise application of online cockfighting or e-sabong operators being deliberated in the Lower House despite opposition to the proposed bill from religious leaders and other legislators....
House Deputy Speaker and CIBAC Partlist Rep. Bro. Eddie Villanueva has called on the electorate to join the protest against the proliferation of legal online gambling, particularly e-sabong or online cockfighting, by not voting candidates who favor their continued operations. Bro. Villanueva issued...
The Philippine Amusement and Gaming Corp. (Pagcor) has urged overseas Filipinos not to patronize online cockfight betting games that are considered illegal offshore operations. In a statement, the country’s gaming regulator said on Thursday, Nov. 18, said that E-sabong websites that are...
State-run Philippine Amusement and Gaming Corp. (Pagcor) posted a contraction in revenues in the first nine-months of the year, missing its target for the period. Based on the Pagcor’s third-quarter budget performance report, its income from gaming operations declined by 0.21 percent to P22.28...
PH Resorts Group Holdings Inc., the gaming unit of businessman Dennis Uy’s Udenna Corporation, has asked the government to suspend the license of its casino project in Clark Freeport Zone, Pampanga because of stiff competition in the area. In a disclosure to the Philippine Stock Exchange PH...
To help cushion the impact of the pandemic on the local economy, the state-run Philippine Amusement and Gaming Corp. (Pagcor) approved a financial relief to cities and local government units (LGUs) hosting the Casino Filipino branches. In a statement, Andrea D. Domingo, Pagcor chairman and chief...
Leisure & Resorts World Corporation is now venturing into sports betting after wholly-owned subsidiary Total Gamezone Xtreme Inc. (TGXI) has been accredited by the Philippine Amusement and Gaming Corporation (PAGCOR) accreditation. In a disclosure to the Philippine Stock Exchange, LRWC said...
Jimmy Bondoc Singer-songwriter Jimmy Bondoc, who was appointed as a member of the Board of Directors of state-run Philippine Amusement Gaming Corp. (PAGCOR), said he's one person who can easily ignore bashers. On Facebook Sept. 16, Bondoc shared his thoughts on bashers. "You know the best part of...
Singer, songwriter James Patrick “Jimmy” Bondoc was appointed to the board of the Philippine Amusement and Gaming Corp. (Pagcor). James Patrick “Jimmy” Bondoc In a statement released by the gaming regulator on Thursday, Sept. 16, Pagcor said that Bondoc, 46, was officially appointed by...
State-run Philippine Amusement and Gaming Corp. (Pagcor) said its uncollected receivables from Philippine offshore gaming operation (POGO) was a result of intensive fight against illegal online gambling. Philippine Offshore Gaming Operation In a statement, the government’s gaming regulator said...
