Tuesday, April 16, 2024

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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.

Philippines to become second largest ASEAN gaming market – PAGCOR Chairman

Privatisation and regulatory reforms should position the Philippines as one of the most "attractive gaming jurisdictions, not only in Southeast Asia region, but in the Asian Pacific sphere in in the near and middle term, only surpassed by Macau, Alejandro H Tengco, Chairman and CEO of PAGCOR said today.

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 court dismisses challenges to PAGCOR’s POGO regulations

The Supreme Court has rejected petitions contesting the jurisdiction of the Philippine Amusement and Gaming Corporation (PAGCOR) to enforce regulatory measures on Philippine offshore gaming operators (POGOs) as per the approved RR-POGO in 2016.

PAGCOR requests approval for employee wage increase

The Philippine Amusement and Gaming Corporation (PAGCOR) has sought approval to implement salary step increments based on employees’ length of service.

Bigger prizes up for grabs in upcoming PAGCOR linked bingo games

Philippine Amusement and Gaming Corporation (PAGCOR) will bring back its popular linked bingo games dubbed “Mas Pinasayang Bingo Big Time Milyonaryo” on March 17, 2024 at the Le Pavillon Metropolitan Park in Pasay City.