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...
The Philippine Amusement and Gaming Corp. (Pagcor) expects full separation from its casino operations within the next five years, and aims to open at least one integrated resort (IR) each year to drive growth. In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer, said...
The Philippine Amusement and Gaming Corp. (Pagcor) is urging the public to stop patronizing illegal online gaming following the government's crackdown on another unlicensed operation in Parañaque City. Alejandro H. Tengco, Pagcor chairman and chief executive officer, said that 12 individuals...
The popularity of online gaming and casinos has surged significantly, with the Philippine Amusement and Gaming Corp. (Pagcor) reporting a near doubling of revenue from electronic games of chance over the past year. Alejandro H. Tengco, Pagcor chairman and chief executive officer, said on Monday,...
State-owned Philippine Amusement and Gaming Corp. (Pagcor) reported a strong double-digit revenue growth last year, but it fell short of pre-pandemic levels. In a statement, the government's gaming regulator and operator said that the company generated P79.37 billion in revenues from January to...
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...
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...
TO NEW BEGINNINGS PAGCOR assistant vice president for community relations and services Eric Balcos (second from right) and Pura Municipal Vice Mayor Atty. John Paul M. Balmores lead the unveiling of the new school building’s marker School children in this municipality now have more learning space...
GAME ON PAGCOR Chairman and CEO Alejandro Tengco emphasizes the growth opportunities for the Philippine gaming industry during the recent RGB International Gala Night Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and Chief Executive Officer Alejandro H. Tengco said increased demand...
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...
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...