The Philippine Amusement and Gaming Corporation (PAGCOR) is a 100 percent government-owned and controlled corporation that runs under the direct supervision of the Office of the President of the Republic of the Philippines.The Corporation was created during the Martial Law years by virtue of a Presidential Decree (PD1067-A) issued by then President Ferdinand Marcos in response to calls for the Philippine Government to put a stop to the growing proliferation of illegal casino operations in various parts of the country then. The law creating PAGCOR was later amended and consolidated under PD 1869 otherwise known as the PAGCOR Charter. Pagcor is headed by Andrea D. Domingo, who serves as its chairman & CEO.It currently operates 13 casino branches in major cities across the country’s three major islands. Collectively called Casino Filipino, these branches are strategically located in areas that are popular tourist destinations:
A lawyer and Head of the Gaming Licensing and Development Department at Pagcor. She is also assistant vice president of the corporation and took up her post on July 3, 2018.
Andrea Domingo is the chairman and CEO of the Phillipine Amusement and Gaming Corporation. Domingo was previously the general manager and CEO of t he Philippine Reclamation Authority from 2007-2010. She is also a former congresswoman of the 3rd District, Pampanga, and a Commissioner of the Bureau of Immigration.
The Philippine Amusement and Gaming Corp. (PAGCOR) has released PHP25 million to the local government of Tapaz in the Western Visayas to fund construction of an evacuation centre.
The actual number of the workforce for POGOs could be three times higher than what was reported by PAGCOR, Senate President Pro Tempore Ralph Recto has said.
The Anti-Money Laundering Council (AMLC) has relaxed the registration guidelines for Philippine offshore Gaming Operators (POGOs) as well as for real estate developers and brokers.
THE Philippine Amusement and Gaming Corporation (PAGCOR) has donated P123.6 million to the state-run Veterans Memorial Medical Center (VMMC) to bankroll a building project.
With the Taal Volcano continuing to show signs of possible eruption, the Philippine Amusement and Gaming Corporation (PAGCOR) is providing permanent shelters to less privileged families who have been displaced.
The Philippine Amusement and Gaming Corporation (PAGCOR) has unveiled PAGCOR Villages, its newest charitable project to safeguard the living condition of locals affected by the eruption of the Taal volcano.
The Philippine Amusement and Gaming Corp (PAGCOR) said it will allow licensed poker clubs to widen or customise their tables to allow greater seating capacity, while maintaining social distancing rules.
The Philippine Amusement and Gaming Corporation (PAGCOR) has commenced the construction of two Multi-Purpose Evacuation Centers (MPECs) in Barangay Camflora and Barangay Mangero, Quezon.
The Philippines’ House of Representatives has passed a new bill imposing taxes on Philippine Offshore Gaming Operations (POGOs), but it will still need to be reconciled with upper house legislation before it can become law.
The Philippine Amusement and Gaming Corporation (PAGCOR) has reported that its income from gaming operations in the full year 2020 fell to PHP30 billion (US$624 million), down 60.4 percent year-on-year.
A modern medical center for police officers and their families will soon rise at Camp Bagong Diwa in Bicutan, Taguig City after Resorts World Philippines Cultural Heritage Foundation (RWPCHF), Philippine Amusement and Gaming Corporation (PAGCOR), and the Philippine National Police (PNP) held a groundbreaking ceremony on January 22, 2021, signifying the start of construction of the project.
Operators in Entertainment City had already begun to complain about the impact of rising competition on their margins even prior to the Covid-19 crisis.
Philippine Offshore Gaming Operators (POGOs) have won a reprieve from a punishing franchise tax, which may stop the exodus from the country, but uncertainty over business conditions remains high, industry insiders say.
The Philippine Amusement and Gaming Corporation (PAGCOR) has funded the construction of evacuation centers in Tagudin, Ilocos Sur, and Tadian, Mountain Province, by initially turning over PHP25 million (US$525,000) check to each local government in separate groundbreaking ceremonies on January 22.
The Philippine Amusement and Gaming Corporation (PAGCOR) has turned over PHP6.1 million (US$128,000) to the Philippine Fiber Industry Development Authority (PhilFIDA), the government agency in-charge of developing and sustaining the fiber industry.
After bankrolling the construction of two evacuation centers in Albay last December, PAGCOR has approved the construction of four evacuation centers in the Bicol region.
Philippine Amusement and Gaming Corporation (PAGCOR) remitted an additional PHP1 billion to the National Treasury, bringing to PHP18 billion (US$378 million) its total dividends contribution for the year 2020.
The Philippine Gaming and Amusement Corp (PAGCOR) remitted PHP17 billion ($354 million) to the Bureau of the Treasury in 2020 to help the government fight the Covid-19 pandemic.
PAGCOR has bankrolled the construction of two multi-purpose evacuation centers in Albay to help mitigate the destructive impact of calamities in the province, especially major typhoons.
THE Philippine Amusement and Gaming Corporation (PAGCOR) has donated PHP350 million to the Southern Philippines Medical Center (SPMC) for the procurement of a machine used for cancer treatment.
Asia Gaming Brief's "Life After POGOs" pop-up forum on 9th December was a stellar success, with over 400 participants attending the important discussion.
Andrea Domingo, chair of the Philippine Amusement and Gaming Corp. (PAGCOR), speaks with Asia Gaming Brief managing editor, Sharon Singleton, about the introduction of licenses allowing online gaming to be offered to Filipino citizens for the first time.
The Philippines’ decision to issue online gambling licenses to local casinos is likely to present interesting opportunities for suppliers, but the terms won’t create significant business growth for the operators.
Andrea Domingo, chairman and CEO of the Philippine Amusement and Gaming Corporation (PAGCOR) has just confirmed her participation in Asia Gaming Brief's December 9 online forum titled "Life After POGOs".
Two medical government institutions in the Philippines have received PHP93.2 million in financial aid from the Philippine Amusement and Gaming Corporation (PAGCOR).
Clark Development Corporation in partnership with PAGCOR, Widus Foundation, and Clark CSR Association recently donated packs and boxes of relief goods to nearby communities.
PAGCOR Chairman and CEO Andrea Domingo was the guest of honor in Pampanga at a construction launch ceremony for a 100-bed Overseas Filipino Workers (OFW) hospital project.
The gaming industry in the Philippines generated PHP17.66 billion ($366 million) in Q3 despite severe restrictions, bouncing back from just PHP2.42 billion in Q2. Licensed casinos generated PHP15.03 billion of the total.
As part of the government’s long-term response to climate change, the Philippine Amusement and Gaming Corporation (PAGCOR) has allocated PHP2 billion (US$42 million) for the construction of multi-purpose evacuation centers in typhoon-prone provinces.
Much-needed aid reached thousands of families after the Philippine Amusement and Gaming Corporation (PAGCOR) delivered essential goods to Cagayan, which were recently devastated by floods brought by Typhoon Ulysses.
Flood victims in Marikina City received swift assistance from the Philippine Amusement and Gaming Corporation (PAGCOR) after Typhoon Ulysses dumped heavy rains in the region.
The Philippine Amusement and Gaming Corp (PAGCOR) said it has delivered immediate help to thousands of residents in the Bicol region who were affected by super typhoon Rolly, delivering food and non-food relief packs.
PAGCOR has reported January-September revenues from gaming operations at PHP22.3 billion (US$460 million), down 60 percent year-on-year.
The Philippines Amusement and Gaming Corp (PAGCOR) is studying a proposal to allow land-based casinos accept bets online as operators and the government seek ways to mitigate losses due to Covid-19.
With much of the noise this week coming from the shenanigans downunder at the Crown Resorts inquiry, it would have been easy to miss more signs of trouble for Philippines Offshore Gaming Operators (POGOs.)
PAGCOR said it can issue appropriate regulations to license and legitimize cockfights streamed online as part of efforts to obtain much-needed funds for the government.
Philippine Offshore Gaming License Operators (POGOs) have been given ample opportunity to settle their obligations to the government, though some have chosen to close down because of the impact of Covid-19 on their business, the regulator said.
The Philippine Sports Commission (PSC) has received a financial boost as it received an additional remittance from the Philippine Amusements and Gaming Corporation (PAGCOR) that it hopes to use to fund the anticipated return to training by its Tokyo-bound athletes and other Olympic hopefuls.
The Philippines market regulator may be considering regulation to allow local Filipinos to gamble online to make up for plummeting revenue from the country’s legal gambling outlets, according to industry sources.
The Philippine government’s target to double revenue from online gambling looks to be on shaky ground, as only half the operators have resumed business following Covid-19 and other licensing jurisdictions look to benefit from the fallout.
The regulator of the Philippines online gambling industry, Philippine Amusement and Gaming Corporation (PAGCOR) has warned for some time now that online operators could be leaving the country for greener pastures.
Bloomberry Foundation and the Philippine Amusement and Gaming Corp said they have completed the capital region’s largest quarantine facility for Covid-19 patients.
Gross gaming revenue amongst Philippines’ land-based casinos fell 13.6 percent in 20Q1, down to P45.4 billion ($910.8 million), according to data from the country’s gaming regulator. Casinos from Entertainment City, which produce the bulk of Philippine casino GGR, saw a 16 percent fall in GGR compared to that of 2019. With respect to gaming segments, […]
The Philippine Amusement and Gaming Corporation (PAGCOR) has warned that more gaming firms could close down as a result of stringent tax rules and worsening business conditions as a result of the COVID-19 pandemic, local media reports. Pagcor chairman Andrea Domingo made the comment after the exodus of several POGO gaming firms, including the online […]
PAGCOR Chairman and CEO Andrea Domingo on Tuesday said she hopes to see gaming operations reopen gradually from the beginning of June. The chairwoman was speaking through a digitally delivered keynote session as part of ICE Asia Digital 2020. “In the Philippines, we are suffering as much as everybody else. [Perhaps] to a lesser degree […]
The Philippine Amusement and Gaming Corp (PAGCOR) said it had increased its cash dividend donations to the National Treasury by P5 billion bringing the total to P17 billion ($340.9 million) for 2019.
The Philippine Amusement and Gaming Corporation (PAGCOR) has issued a memorandum to Bingo, E-Games and Poker operators on Friday, requiring venues to adhere to health and safety standards ahead of reopening. “As the lifting of temporary suspension of gaming operations as a whole or in specific areas may be announced at any moment by the […]
Philippine police have arrested 265 Chinese nationals after an operation against an illegal offshore gaming operation in Las Pinas City, on the southern edge of Metro Manila.
The Philippine Amusement and Gaming Corp (PAGCOR) said it supports the views of a senior politician who has called for a stronger vetting process for Philippine Offshore Gaming Operators (POGOs).
The Philippine Amusement and Gaming Corporation (PAGCOR) has given the green light to POGO operators to partially resume operations in the country, with the intention of helping the national government raise the necessary funds to battle the coronavirus pandemic. PAGCOR Chairman and CEO Andrea Domingo said the reopening would be structured in a way as […]
Philippines gaming regulator PAGCOR saw its net income fall 49.9 percent to P777.4 billion (US$15.4 billion) in the first quarter of 2020, with gaming revenue falling slightly due to a suspension of casino operations that came mid-March. Said gaming revenue fell 5.7 percent year-on-year to P17.2 billion, compared to P18.3 billion in 19Q1. Casinos in […]
The Philippine Amusement and Gaming Corporation (PAGCOR) has released a P12 billion (US$233.7 million) cash dividend to the National Treasury to cushion the impact of the coronavirus in the country. The amount, which comprises the agency’s 2019 cash dividends, is P5.67 billion higher than the P6.33 billion dividends that PAGCOR is required to remit, based […]
The Philippine Amusement and Gaming Corporation (PAGCOR) has ordered an extension of the Manila gaming suspension to be applied nationwide. In a message to Asia Gaming Brief, it was explained, “To help prevent the spread of Covid-19, PAGCOR has ordered the temporary suspension of gaming activities nationwide, hence, even those outside the National Capital Region. […]
The Philippine Amusement and Gaming Corp. (PAGCOR) said it has allocated a further PHP500 million ($9.7 million) to government efforts to help combat the Covid-19 outbreak in the country.
The Philippine Amusement and Gaming Corp. said it was suspending all gaming operations in Manila following President Rodrigo Duterte’s decision to put Metro Manila under community quarantine.
PAGCOR chief Andrea Domingo has revealed that GGR in the Philippines is plunging by around 30 percent to 40 percent since February. “It’s not meeting its target,” Domingo told local reporters, noting the PHP290 billion (US$5.8 billion) GGR national goal is likely to be missed. She added, “Right now, the only ones who are meeting […]
In an effort to stave off the perception that the POGO industry serves only the benefit of the Chinese, PAGCOR chief Andrea Domingo has insisted that about a quarter of all people working at these companies are, in fact, Filipinos. “While POGOs cater to foreign customers and employ foreign customer service representatives who could effectively […]
After months of closure, Casino Filipino Tagaytay is set to reopen on Monday, March 16 at noon, according to an announcement from the Philippine Amusement and Gaming Corp. The casino was temporarily closed on January 12 in the aftermath of the eruption of Taal Volcano. At the time, around 8,000 people were evacuated from the […]
The Philippine Amusement and Gaming Corp saw strong performance from online gaming firms, and that of local, land-based casino operations, which led to an 11.6 percent increase in its annual revenue in 2019, reaching P75.8 billion. The amount exceeded PAGCOR’s 2019 target by P1.3 billion. PAGCOR said this was mainly a result of gaming revenues […]
The Philippine Amusement and Gaming Corporation has announced it is supporting the efforts of the Department of Health (DoH) in monitoring the entry of Chinese citizens into the country. POGO regulates gaming firms licensed under the Philippine Offshore Gaming Operator scheme, which employs thousands of Chinese ex-pat employees. According to a statement from the gaming […]
The Philippines gaming regulator has signed a deal with the country’s anti-money laundering watchdog to tighten their cooperation in the fight against money laundering, local media reports. On Tuesday, Bangko Sentral ng Pilipinas (BSP) Governor and AMLC Chairman Benjamin E. Diokno signed a Memorandum of Agreement (MoA) with the Philippine Amusement and Gaming Corp. (PAGCOR), […]
Andrea Domingo, chief executive officer of the Philippine Amusement and Gaming Corp (PAGCOR) has today announced her participation in the fourth installment of the ASEAN Gaming Summit 2020. Held at the Shangri-La At the Fort in Manila, the ASEAN Gaming Summit is the largest standalone gaming conference in Asia. The Summit will be held on […]
Philippine Amusement and Gaming Corporation CEO Andrea Domingo said that the regulator plans to learn from the regulations of the other offshore gaming jurisdictions. Domingo made the comments in an interview with Clarion, organizers of the ICE Totally Gaming set for early February. Domingo noted that PAGCOR is set to send its largest-ever delegation to […]
Philippine Amusement and Gaming Corporation chairperson Andrea Domingo on Tuesday said her agency will be focused on the sustainable growth of the gaming industry in the Philippines, by placing a halt on the acceptance of any new license applications in the foreseeable future. Ms. Domingo made the comments during the opening speech of G2E Asia […]
The Philippine Amusement and Gaming Corp. (PAGCOR) is planning to sell three lots of land in Laguna, Dasmarinas City, and Parañaque City, but said that the right to operate a gaming operation will not be part of the sale. According to an advisory posted on its website, Lot One is a 16,335 square meter parcel […]
Altech Innovations Business Outsourcing, a Philippine Offshore Gaming Operator, has been closed down for failure to pay taxes.
The Philippines Gaming regulator says that nearly 200 “fly-by-night” Philippine Offshore Gaming Operators (POGOs) have been shut down in the last few months, local media reports. During a press briefing on Tuesday, PAGCOR chairman Andrea Domingo said the National Bureau of Investigation (NBI) and the police have been conducting raids on POGOs that are suspected […]
G2E Asia @ the Philippines, the newest addition to the Global Gaming Expo (G2E) Asia series of events, makes its official debut December 3-4, 2019 at the Manila Marriott Hotel. The Philippines show is supported by the Philippine Amusement and Gaming Corporation (PAGCOR) and will comprise of an expo, educational conference, and networking opportunities. “We’re […]
The vice-chairman of the House Committee on Games and Amusements has urged the gaming regulator to issue gaming employment license (GEL) cards to all foreigners working for Philippine Offshore Gaming Operations (POGOs). Rep. Ronnie Ong of Ang Probinsyano said that GELs are currently issued to gaming industry employees, but not to POGO workers, who are […]
Philippine Offshore Gaming Operators (POGOs) owe about PHP21.62 billion ($417 million) in taxes and the pace of collection is still slow, according to local media reports.
Banning online gambling in the Philippines would have little impact on the economy, the country’s central bank governor has said, adding he would prefer the firms to leave the country.
The Philippines’ Department of Finance is renewing its push to privatize the country’s state-owned casinos, a move that could earn the government around P300 billion (US$5.8 billion) yearly, local media reports. Finance Secretary Carlos Dominguez III made the comment at a senate hearing after Senate Minority Leader Franklin Drilon said that privatizing the gaming industry […]
A Philippine Offshore Gaming Operator (POGO), said to be the second-largest in the country, has been shut down for failing to pay the correct taxes.
The mayor of Kawit in Cavite province has reportedly written to the Philippine Amusement and Gaming Corp (PAGCOR), proposing to establish a bigger hub for Philippine Offshore Gaming Operators than those already on the table.
Widus Philippines Inc has announced it has obtained its first regular gaming license from the Philippine Amusement and Gaming Corporation (Pagcor), local media reports. The company is the operator of the Widus Hotel and Casino at Clark Freeport Zone. Widus president and chief executive officer Daesik Han said the authorization was “a solidified acknowledgment of […]
The Philippine Amusement and Gaming Corporation has set its crosshairs on casino loan sharks, which they believe are the cause of the recent spike in casino-related kidnappings, local media reports. In a press statement, Pagcor said it is coordinating with the Bangko Sentral ng Pilipinas, the Securities and Exchange Commission and other regulatory agencies to […]
The Philippine Gaming and Amusement Corp. (PAGCOR) expects its total revenue to rise by 1.8 percent in 2020, with PHP73.6 billion ($1.4 billion) likely to come from gaming.
Philippine Amusement and Gaming Corp (PAGCOR) on Friday assured lawmakers that there are no Chinese firms operating in Philippine Offshore Gaming Operations. Victor Padilla, senior manager of PAGCOR’s policy and offshore licensing division, was replying to a question asking how PAGCOR ensured that Chinese POGOs were following Philippines laws and paying proper taxes. “These are […]
The Philippine Amusement and Gaming Corp (PAGCOR) is considering the issuance of identification cards specifically for Chinese POGO workers to ensure the legality of their working visa and tax compliance, local media reports. Speaking on CNN Philippines News Night on Tuesday, Pagcor chair Andrea Domingo said the agency is working with government agencies involved in […]
China has praised Cambodia for its efforts to curb online gambling and urged the Philippines to impose a ban on the industry.
Gross gambling revenue in the Philippines rose 10.7 percent in Q2, though revenue from licensed casinos slipped from the prior quarter.
The Philippine Gaming and Amusement Corp (PAGCOR) has said it will stop accepting new applications for offshore online gaming licenses after Beijing called on Manila to crack down on gambling operations targeting its citizens.
The Philippines’ Department of Finance supports the creation of two hubs to house Philippine Offshore Gaming Operators, despite misgivings from Beijing that the plan may violate the rights of its workers in the sector, local media reports.
The Philippines government has promised to crack down on illegal recruiters for Philippine offshore gaming operations (POGOs), said Malacañang on Friday. Presidential Spokesperson Salvador Panelo made the comment just a day after the Chinese embassy called on the Philippines government to “punish” POGO operators who have been illegally recruiting Chinese citizens. “Anything illegal, we will […]
The Philippine Amusement and Gaming Corp. reported a 9.3 percent rise in income from gaming activities in the first six months of the year, driven by licensed casinos.
President Rodrigo Duterte’s spokesman has suggested the leader of the Philippines may be open to lifting a ban on new casino licenses. The ban was imposed in early 2018 on concern about the proliferation of new project applications and shortly after a controversy over plans by Galaxy Entertainment and a local group to build a […]
The Philippine Amusement and Gaming Corp. said it can’t shutter operations at the Casino Filipino Manila Bay due to an existing management contract and argues that the property is profitable if its social contributions are excluded from its results.
The Commission on Audit (COA) has urged the Philippine Amusement and Gaming Corp (PAGCOR) to consider closing Casino Filipino in Manila Bay, after five years of losses. It has been revealed that the casino has clocked net losses of P2.1 billion over five years. “Aggregate net losses of P2.113 billion incurred by CF (Casino Filipino) […]
State-run Philippine Amusement and Gaming Corp on Thursday announced an 11.4 percent year-on-year increase in gross revenue for the first four months of the year, local media reports. In a statement, Pagcor said that gross revenue increased to P25.1 billion (U$482.9 million) during the period, up from just P22.5 billion in the first four months […]
Gross gaming revenue in the Philippines gained 17.4 percent in Q1 to P60 billion ($1.13 billion), with most of the gains driven by casinos in Entertainment City.
Interblock said it has renewed its electronic table tame license deal with Philippine Amusement and Gaming Corp for another three years through its partnership with Indepth Insights.
The Philippines gaming regulator on Tuesday announced it has remitted its single largest annual dividend to the national government in 2018 – due to the strong performance of casinos across the country, local media reports. In a statement, the Philippine Amusement and Gaming Corp (PAGCOR) said it turned over P16.17 billion (US$309.0 billion) in cash […]
The Philippine Amusement and Gaming Corporation (PAGCOR) has denied claims that its licensed operators and services providers are targeting Chinese nationals from China. In a press statement, the gaming regulator stated that its licensees target only Chinese-speaking individuals, who hail from countries other than China, where online gambling is illegal. The press statement marks one […]
Philippine Amusement and Gaming Corp (PAGCOR) saw its profit climb 9.5 percent to P1.6 billion (US$30 million) during the first quarter of 2019, mainly due to a sustained increase in gaming revenues. The figure was also P300 million more, or 24 percent higher than its 19Q1 forecasted earnings of P1.25 billion. PAGCOR said its earnings […]
The Court of Appeals has denied an appeal by the Philippine Amusement and Gaming Corp to reverse a decision calling on the regulator to issue a license to Waterfront Philippines for a casino, local media reports.
At least three Philippine Offshore Gaming Operator licensees have shut down their operations amidst a clampdown on tax avoidance by foreign workers, according to local media reports. Out of the 57 licensed POGOs or Philippine Offshore Gaming Operators, three have moved elsewhere, Philippine Amusement and Gaming Corp Chairperson Andrea Domingo was cited as saying.”I was […]
The Philippine Amusement & Gaming Corporation has furiously denied claims that the auditing requirements placed on Philweb are biased in favor of one of its competitors. Earlier this week, Philippines-listed Philweb Corp petitioned an injunction to stop PAGCOR from implementing a new rule that requires its electronic gaming operations to be monitored by a third […]
The Philippines plans to crackdown on illegal foreign workers in the country’s casinos and online gambling industry, according to local media reports.
UK-listed gaming supplier Playtech has become the monopoly provider of RNG casino games in Philippines, after gaining PAGCOR’s first and only Gaming Software Provider certification, Calvin Ayre reports. In a memorandum dated September 26 obtained by CA, PAGCOR announced that Montford Inc. has been certified as a Gaming Software Provider for Philippine Offshore Gambling Operator […]
The Philippine Amusement and Gaming Corp has launched a crackdown of illegal online gaming operations in the country, local media reports.
The Philippines gaming regulator has released a memorandum announcing that all gaming workers holding a “Gaming Employment License” (GEL) will be prohibited from playing in any gaming establishments in the Philippines. To do this, the Philippine Amusement and Gaming Corp (PAGCOR) said that it has added the names of all GEL Holders into the National […]
Growth in online gambling in the Philippines is driving a real estate boom in Manila, which is now spilling over to the island of Cebu, as operators seek more space and cheaper prices. The ascent to power of mercurial President Rodrigo Duterte in 2016 cast a shadow over the country’s online gambling industry, amidst threats […]
The Philippine Gaming and Amusement Corp. reported an 18.3 percent increase in gross revenue from gaming operations in the first half of 2018, beating its target by 9.7 percent.
Landing International, the company with plans to develop an IR in the Philippines, will be only be allowed to open its casino after it commences operations of its theme park. Earlier this week, Landing announced it had received a provisional IR license from Pagcor to develop the integrated resort. The conditions were listed in a […]
Philippine Amusement and Gaming Corp. (Pagcor) has challenged the findings of a recent Commission on Audit (COA) report which accused the regulator of giving “excessive perks” to its employees and dodging remittance payments. The perks, according to the COA, included hefty cash awards and gold “memento” rings for long service employees. In a clarification announcement […]
The Philippine Gaming and Amusement Corporation (PAGCOR) reportedly owes the government P21 billion (US$392.8 million) in unpaid remittances, according to a report from the Commission on Audit (COA), local media reports. Under Presidential Decree (P.D) 1869, the national government is entitled to 50 percent share in Pagcor’s “aggregate gross earnings from its franchise,” while PSC […]
Former PAGCOR official Rogelio Yusi Bangsil Jr., says he intends to appeal a ruling from the Macau Court of First Appeal (TJB), which on Friday announced it had favored Wynn Macau in his damages lawsuit, Macau News Agency reports. In March, the Macau Court of First Appeal confirmed that Wynn Macau had unlawfully disclosed the […]
The Philippine Amusement and Gaming Corp. has announced changes to the senior leadership of its Gaming Licensing and Development Department, appointing lawyer Angeline P. Papica-Entienza as its new head.
The Philippine Congress is currently considering a bill that could remove the “in lieu of all taxes” incentive currently enjoyed by a number of industries and businesses, including the country’s gaming regulator, Philippine Amusement and Gaming Corporation (PAGCOR), Philstar reports. Under Section 13 of the Presidential Decree (PD) 1869, PAGCOR is currently subject to a […]
The Philippine Amusement and Gaming Corp said the decision to put a moratorium on issuing further land-based casino licenses in the country was designed to protect investments made by existing operators.
Almost two years after losing its license in a spat with Philippine President Rodrigo Duterte, gaming technology company PhilWeb Corp is on a charm offensive to win back lost business with improved content and services. “I hope you will support us,” PhilWeb President Dennis Valdes said as he recently shook the hand of Pastor Albano […]
Two senior Pagcor officials have been fired by President Rodrigo Duterte for their alleged involvement in corrupt activities, according to a report from Philippine Star. The two officials have been accused for issuing gambling permits outside of their respective territories, and issuing too many. “It is rightful to issue permits within your territory, but when […]
Philippine’s state run gaming regulator, Philippine Amusement and Gaming Corporation (PAGCOR), posted net income of P1.4 billion (US$27.3 million) in the first quarter of 2018. Compared to the prior-year period, net income in 18Q1 was an increase of 7.6 percent. Total revenue from gaming operations reached P15.8 billion, an increase of 12.5 percent year-on-year compared […]
A Philippine commission has recommended that the Philippine Amusement and Gaming Authority should split its regulatory functions from its commercial businesses. The Governance Commission for Government-owned and Controlled Corporations (GOCCs) made the recommendation to President Rodrigo Duterte, saying it was “due to PAGCOR’s conflicting proprietary activities and regulatory functions in which its operation of casinos […]
The Covid-19 crisis has rekindled debate over the potential privatisation of the Philippine Amusement and Gaming Corp (PAGCOR) casinos to raise funds to fight the pandemic.
The news at the start of the year that PAGCOR was promoting the advantages of gambling operators from the UK and Europe basing themselves in the Philippines comes at an interesting time in the development of Europe’s jurisdictional map.
Philippine Gaming and Amusement Corp. Chair Andrea Domingo’s efforts to further expand the country’s booming gaming industry look set to be thwarted by the continuing hardline stance of President Rodrigo Duterte, who is refusing to budge on his casino ban. Duterte, who came to power in 2016, has repeatedly expressed his dislike of gambling, both […]
“I hate gambling. I do not want it. “There will be no casinos outside of what are existing. I am not granting anything.”