Good Morning. After months of deliberation Philippines President Ferdinand Marcos, Jr. has sworn into office the new PAGCOR members of the Board of Directors. Alejandro H. Tengco is now Chairman and Chief Executive Officer, while Atty. Juanito L. Sañosa, Jr. is President and Chief Operating Officer. G2E Asia 2022 – Special Edition – kicks off today in Singapore.
What you need to know
- SJM Holdings is bullish over The Grand Lisboa Palace project despite recent results.
- Reef Casino Trust reported net profit of $3.3B up 7 percent on solid domestic numbers.
On the radar
- Hann signs multi property deal with Accor.
- APE signs Macau distribution with Jumbo.
AGB Intelligence
DEEP DIVE
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 Chief Executive Officer, while Atty. Juanito L. Sañosa, Jr. is President and Chief Operating Officer. In a short release, Philippines Amusement and Gaming Corporation (PAGCOR) stated that President Ferdinand Marcos, Jr. had sworn into office the new members of the Board of Directors in simple oathtaking ceremonies.
Industry Updates
- G2E Asia 2022 Special Edition Singapore kicks off today.
- ATLAS-IAC debuts next-gen, “no-risk” sportsbook at G2E Asia.
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