Good Morning: The winds of change are blowing. After suffering through years of COVID-induced trauma, the Philippine gaming industry should reach pre-pandemic GGR levels this year, says the PAGCOR Chairman. Junkets and high-rollers are slow to return, but new openings in Clark bode well for the future, notes the official. And in Macau, authorities continue to quantify gaming operators’ social responsibility, with a legislator proposing a framework to clarify contributions.

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PHILIPPINES

Alejandro H. Tengco, Chairman and CEO of PAGCOR

PAGCOR Chief: Philippines GGR to return to pre-pandemic levels in 2024

The Chairman of the Philippines gaming watchdog PAGCOR, Alejandro H. Tengco is expecting gross gaming revenues in the country to return to pre-pandemic levels within this year. The statement echoes the strong domestic demand and increased foreign play, despite a noticeable slowdown in Chinese VIP revenue. Tengco points to the “immense potential” of Clark, lauding the opening of new resorts within the area.


Corporate Spotlight

DSTGAMING: A Top White Label Online Casino Software Provider

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All you need to know about 1xBet affiliate program

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1xBet was founded in 2007 and started accepting bets online in 2010. Over the years, 1xBet has become a key player in the sports betting industry and is now one of the top three most visited betting websites.


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