Sunday, May 19, 2024

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PAGCOR Chairman Tengco, Bloomberry COO Arasi, headline speakers at ASEAN Gaming Summit 2024

PAGCOR Chairman Alejandro H. Tengco and Thomas Arasi - President and Chief Operating Officer, Bloomberry Resorts Corp., headline a stellar speaker lineup at the 6th edition of the ASEAN Gaming Summit on 19th-21st March 2024. 

Philippines GGR expected to reach $6 billion in 2024, says Tengco

The Philippine Amusement and Gaming Corporation (PAGCOR) anticipates a surge in GGR to reach PHP 336.38 billion ($6 billion) this year, driven by the growth of E-Games and the establishment of new integrated resorts.

Your Daily Asia Gaming eBrief: Alejandro H. Tengco new PAGCOR Chair

After months of deliberation Philippines President Ferdinand Marcos, Jr. sworn into office the new PAGCOR members of the Board of Directors.

Alejandro H. Tengco replaces Andrea Domingo, as PAGCOR Chairman and CEO

After much presidential deliberation, PAGCOR’s new board was sworn in, with Alejandro H. Tengco replacing Andrea Domingo as Chairman and CEO. 
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Entain taking long-term view by only focusing on regulated markets

If Asian gaming jurisdictions up their game and prove to be highly regulated markets, Entain would be happy to move back into those markets it had stepped away from. Michael Charlton, Asia Pacific Director for Entain, notes that the Philippines is serving as a good example of an improved regulatory framework that’s not stifling innovation.

Philippines gaming revenue surges in 1Q24, hits new record high

The Philippine Amusement and Gaming Corporation (PAGCOR) announced that the country's gross gaming revenues (GGR) for the first quarter of the year soared to PHP81.70 billion ($1.42 billion), marking an impressive 18.54 percent increase from the PHP68.92 billion ($1.20 billion) recorded in the same period last year.

Philippines Telco Globe blocks over 1K illegal gambling sites in 1Q24

The Philippines is stepping up efforts to block illegal gambling sites, with Telecoms firm Globe alone blocking 1,345 domains in its network in 1Q24.

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.

G2E Asia returning to Macau “mecca” with IR-centric approach: Reed Exhibitions APAC President

The Global Gaming Expo Asia (G2E Asia) serves as a yearly “mecca”, according to Chien-Ee Yeh, President of Reed Exhibitions Asia Pacific, with the event making an IR-centric return on June 4th-6th.
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Cambodia not eliminating gambling, Thailand is a threat

Cambodia’s gaming story is not over by a long shot, with gaming expert Daniel Li pointing out how the country is trying to improve its oversight and legislation, rather than eviscerate the industry.