28.2 C
Macao
Tuesday, May 20, 2025

Search Results

PAGCOR Chairman Alejandro Tengco to receive honorary Award at Asia Gaming Awards 2025

Asia Gaming Brief is proud to announce that Alejandro H. Tengco, Chairman and Chief Executive Officer of the Philippine Amusement and Gaming Corporation (PAGCOR), will receive a special honorary award at the Asia Gaming Awards 2025. 

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. 

Land-based casinos play “crucial role” in Philippine gaming revenue growth: Tengco

The Philippine gaming industry recorded notable growth in 2024, with land-based casinos remaining the largest contributor to gross gaming revenue (GGR).

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.

Daily Asia Gaming eBrief: Philippines set to shut down remaining POGOs by Jan 1st

It is the season for new beginnings. The revocation of licenses for Philippine Offshore Gaming Operators (POGOs) officially commenced on December 15, following President Ferdinand Marcos Jr.'s directive to terminate POGO operations nationwide. PAGCOR Chairman Alejandro Tengco announced that about 20 POGOs remain active, all of which must cease operations by January 1st. Meanwhile, Francis Lui has been appointed Chairman of Galaxy Entertainment Group, transitioning from his role as Deputy Chairman, following the passing of his father and company founder, Lui Che Woo. In nearby news, Morgan Stanley has warned that SJM Resorts' plan to convert an office building in Hengqin into a hotel could exacerbate the company's already high debt levels.

Daily Asia Gaming eBrief: PAGCOR Chairman doesn’t want police powers

No need for "more teeth". That's what PAGCOR's Chairman says about suggestions that the regulator should have police powers in order to go after bad actors in the offshore gaming space. Alejandro Tengco says the increase would only distract from its licensing and regulatory roles.

PAGCOR chairman encourages new investors amid strong result for 2023

“Now is the time to come to the Philippines”. That was the message PAGCOR chairman Alejandro Tengco gave at ICE London and amidst very strong results for 2023.

PAGCOR starts legal action against 33 POGOs over $35.7 million in unpaid fees

The Philippine Amusement and Gaming Corporation said that it is taking legal action against 33 offshore gaming licensees, including some who have left the country, for unpaid fees amounting to PHP 2.02 billion ($35.7 million), according to Chairman and CEO Alejandro Tengco.

UPCOMING INDUSTRY EVENTS