Wednesday, July 17, 2024

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PAGCOR Chairman against total ban of online gaming

The Chairman of the Philippines’ gaming regulator has told a Senate committee that he is against newly proposed bills aiming to completely ban online gaming sites.

Daily Asia Gaming eBrief: PAGCOR reports notable 121% surge in net income in 1H24

PAGCOR reported a substantial 121.4 percent increase in its net income to PHP6.56 billion ($112.3M) for the first half of 2024. The boost in GGR was driven mainly by online gaming revenues which reached PHP20.66 billion. a recent study conducted by the Asia Pacific Association for Gambling Studies revealed gaps in the information disclosure practices of Macau’s major gaming operators over the past decade.

PAGCOR announces significant net income growth for first half of 2024

The Philippine Amusement and Gaming Corporation (PAGCOR) has reported a substantial increase in its net income for the first half of 2024, reaching PHP6.56 billion ($112.34 million).

PAGCOR: former presidential spokesperson lobbying for illegal POGOs

Former Philippine presidential spokesperson Harry Roque has been identified as the "legal head" of a POGO hub in Pampanga, according to PAGCOR on Wednesday.

PAGCOR’s contribution to PH Treasury up 25% in May, reaching $55.9M

PAGCOR's contribution to the government increased by 25 percent yearly in May, highlighting the sustained resurgence of the gaming sector in the Philippines.

Daily Asia Gaming eBrief: PAGCOR to focus on regulating/new gaming academy

The Philippines’ gaming regulator PAGCOR is aiming to establish itself as purely a regulator, shifting out of the operating role after the sale of its Casino Filipino assets, expected in early 2026. PAGCOR Senior Vice President Daniel Cecilio lays out why the changes are necessary and what will shape the gaming workforce going forward, with the newly proposed Gaming Academy.
00:04:56

PAGCOR’s shift to being just a regulator: official

The Philippines’ gaming regulator PAGCOR is aiming to establish itself as purely a regulator, shifting out of the operating role after the sale of its Casino Filipino assets, expected in early 2026.
00:03:04

PAGCOR official describes proposed Gaming Academy

The Philippines' gaming regulator is planning on launching a Gaming Academy in the country, focused not only on developing talent for the local market but also further abroad. Angelito Domingo, VP of PAGCOR's Human Resource and Development Group, tells AGB what timelines are in place and what advantages are to be expected.

PAGCOR reports former cabinet official advocating for illegal POGOs

PAGCOR has revealed that a former high-ranking government official attempted to facilitate the granting of gaming licenses to several illegal Philippine Offshore Gaming Operators recently raided for engaging in unlawful activities.

PAGCOR unveils first socio-civic center in Batangas

The Philippine Amusement and Gaming Corporation formally unveiled its latest and most recently completed Socio-Civic Center on Wednesday, June 26th, two years after the project’s groundbreaking in March 2022.