Sunday, May 12, 2024

Search Results

PAGCOR sheds more light on recent raid on illegal online gaming raffle

Philippine gaming regulator PAGCOR has announced further details around the arrest of 10 Chinese nationals and 26 Filipinos in Laguna and Parañaque City, linked to an illegal online raffle.

PAGCOR crackdown on illegal Facebook gambling, 16 arrested

Philippine authorities have arrested 16 individuals linked to an illegal online raffle on Facebook in a joint operation between the Philippine National Police Anti-Cybercrime Group (PNP-ACG) and representatives of the Philippine Amusement and Gaming Corporation (PAGCOR).

PAGCOR reports 42% increase in 1Q24 income to $437M

The Philippine Amusement and Gaming Corporation (PAGCOR) has announced a 42 percent YoY increase in its income for Q1 of 2024, reaching $437.9 million.

PAGCOR appoints lawyer Wilma Eisma as new President and COO

The Philippine Amusement and Gaming Corporation (PAGCOR) has announced the appointment of lawyer Wilma Eisma as the new President and Chief Operating Officer (COO), making her the first woman to hold the position of President and COO.

PAGCOR’s decision to lower licensing fees enhances competitiveness of IGLs, says COO of Winn Tech

A lower licensing fee for Philippine offshore gaming operators (POGOs) operations is seen as a mutually beneficial act for both operators and regulators.
00:15:26

PAGCOR excited about growth in eGaming segment

PAGCOR’s Chairman and CEO, Alejandro H. Tengco, says that he’s most excited about the growth in the eGaming sector in the Philippines, with expectations that gross gaming revenue generated from the segment could even top that of its land-based casinos. The official also laid out the sale plans for Casino Filipino, saying they haven’t yet settled on a final price.

PAGCOR turns over 75% net income to State Treasury, totalling $81.5M

The Philippine Amusement and Gaming Corporation (PAGCOR) remitted a total of PHP4.59 billion ($81.5 million) in cash dividends to the country’s Treasury on Monday, representing 75 percent of PAGCOR’s net income in calendar year 2023.

Daily Asia Gaming eBrief: PAGCOR aims for $5.9 bln in GGR for 2024

The secret is to aim high. In 2024, the Philippine Amusement and Gaming Corporation (PAGCOR) is projecting gross gaming revenues (GGR) to hit $5.9 billion.

PAGCOR expecting 2024 GGR to grow 18% YoY

The Philippine Amusement and Gaming Corporation (PAGCOR) is anticipating gross gaming revenues (GGR) in 2024 to reach PHP336.38 billion ($5.9 billion).

Daily Asia Gaming eBrief: PAGCOR Chairman expects $6.1B in GGR

The first day of the ASEAN Gaming Summit kicked off with a bang, with the Chairman of PAGCOR outlining the group's estimates for $6.1 billion in GGR, its moves to lower tax rates and privatize.