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Industry
June 18, 2024
PAGCOM Could Replace PAGCOR as Philippines Consider Revived Bill
A new bill could replace the Philippine Amusement and Gaming Corporation (PAGCOR) with a new regulatory body as lawmakers seek to reform the Asian country’s gambling sector. The PAGCOR, for context, is a 100% government-owned entity that is currently in charge of regulating gambling. House Bill 3559, which was introduced in August 2022, seeks to […]
Industry
May 23, 2024
PAGCOR Shuts Jade Sportsbet Down Over Unpaid Fees
Jade Entertainment and Gaming Technologies, a Philippines-based gaming and betting operator, has been forced to shut down the operations of its sports betting brand. This development was the result of Jade Sportsbet missing the deadline to pay its mandatory fees. Inside Asian Gaming (IAG) reported that the Philippine Amusement and Gaming Corporation (PAGCOR), a body […]
Casino
May 10, 2024
International Entertainment Corporation Takes Over Manila Casino
International Entertainment Corporation (IEC) announced that it has officially begun its limited operation of the casino at its New Coast Hotel property in Manila. The company is set to officially take over full casino operations from the PAGCOR on May 11. The Board is pleased to announce that on 9 May 2024, the Group has […]
Business
April 19, 2024
PAGCOR Appoints First Woman President and CCO in History
The 100% government-owned and controlled corporation under the Office of the President of the Republic of the Philippines, the Philippine Amusement and Gaming Corporation (PAGCOR), has announced the appointment of a new president. Attorney Wilma Eisma has received the prestigious position, along with the title of chief operating officer (COO) after taking the oath of […]
Industry
March 15, 2024
The Philippines Is Poised to Surpass Singapore’s Gaming Industry, PAGCOR Chief Says
The Philippines is bullish on overtaking Singapore and becoming the second-largest destination for gambling tourism in Asia after Macau. This sentiment was expressed by Alejandro Tengco, chair & CEO of the Philippine Amusement and Gaming Corporation (PAGCOR). Tengco commented on the matter during a Tuesday interview and pointed out that the rapid expansion of the […]
Legal
February 19, 2024
PAGCOR Shuts Down Illegal Gambling Operation, Arrests 12 People
The Philippine Amusement and Gaming Corporation (PAGCOR) announced that a dozen people have been arrested for involvement in illegal online gaming operations. According to the Philippine regulator, the operation was carried out on February 16 in Parañaque City. A total of 12 people were arrested in the operation which was carried out by the National […]
Casino
September 19, 2023
PAGCOR Shifts Focus to Pure Regulation for Equitable Growth
PAGCOR, the Philippine Amusement and Gaming Corporation, is undergoing a significant transformation, with plans to shift its focus entirely to regulatory functions by 2025. PAGCOR Commits to Employee Security Amid Regulatory Transition At a recent event where Alejandro H. Tengco was a keynote speaker, he elaborated that the motivation behind the decision to transition to […]
Legal
August 18, 2023
PAGCOR to Take 33 Offshore Operators to Court over Unpaid Fees
The Philippine Amusement and Gaming Corporation (PAGCOR) announced that it will be taking legal action against 33 offshore gambling operators. According to Alejandro Tengco, PAGCOR’s chief executive officer and chair, the companies in question have failed to pay billions of pesos in fees. Tengco noted that the 33 gambling companies include companies that have since […]
Business
August 14, 2023
PAGCOR Initiates Rebranding and Plans to Privatize 45 Casinos
The corporation that is fully owned and managed by the government in the Philippines under the Office of the President, the Philippine Amusement and Gaming Corporation (PAGCOR), has announced its plans to privatize 45 of its self-operated casinos in the upcoming years. In July, PAGCOR also announced the launch of a casino upgrade program that […]
Industry
August 3, 2023
PAGCOR Outlines New Rules for Offshore Licensees
The Philippine Amusement and Gaming Corporation (PAGCOR), a government-owned body that regulates gambling in the country, has unveiled a new regulatory framework for licensed offshore gaming companies. The publication of the new framework is in line with the PAGCOR’s efforts to crack down on unlicensed gambling in the country. According to Jessa Fernandez, PAGCOR’s assistant […]
