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Industry
November 15, 2024
E-Gaming Drove Strong Q3 GGR Growth in the Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) has published official data about the local gambling sector’s performance in the third quarter of the year. In its report, the authority outlined a stellar growth in GGR, which officials attributed to the ongoing modernization efforts. E-Gaming Growth Offset a Decline in Casino & Bingo As reported by […]
Business
August 13, 2024
PAGCOR Reports Strong Q2, Enjoys Solid Performance of E-Games
The second quarter of this year marked a strong period for licensed casinos in the Philippines, with reported increases in total gross gaming revenue (GGR) year-over-year and quarter-over-quarter. The Philippine gambling regulator and government-owned, regulated and operated corporation, the Philippine Amusement and Gaming Corporation (PAGCOR), uncovered details regarding the GGR reported for the three months […]
Industry
August 7, 2024
Philippines Considers Regulated Alternatives Following POGO Ban
The Philippine Amusement and Gaming Corporation (PAGCOR) is exploring implementing an improved and regulated version of online gaming following President Ferdinand Marcos Jr.’s decision to impose a total ban on Philippine Offshore Gaming Operators (POGOS). Rebuilding the sector could bring significant employment opportunities and create new revenue streams for the government. Lawmakers Remain Optimistic In […]
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 […]