The Asia Gaming Awards 2025 will be held today (March 18) at the Grand Ballroom of the Shangri-La The Fort in Bonifacio Global City (BGC), Manila.Press release.- Alejandro H. Tengco, chairman and chief executive officer of the Philippine Amusement and Gaming Corporation (PAGCOR) will receive a speci
Philippine Gaming Grows as PAGCOR Announces Revenue RecordThe Philippine Amusement and Gaming Corporation (PAGCOR) published its report for 2024, revealing a new all-time high revenue and income figures. Chair & CEO Alejandro Tengco praised the metrics, saying that the corporation is pleased wit
The reopening of the Waterfront Manila Hotel & Casino (pictured in a rendering) in the Philippines “will be executed in three carefully planned phases,” according to a Thursday filing to the Philippine Stock Exchange from the venue’s promoter, Acesite (Philippines) Hotel Corp.A soft opening for
The Philippine gaming regulator aims to identify by “the end of the first quarter, early second quarter” of 2025, via a procurement process, a “joint venture partner” for its own online casino brand, casinofilipino.com.Such a venture might then be “going live in [the] second quarter [at] the earlies
Philippine gaming regulatorPAGCOR announced on Tuesday that it generated revenue of PHP 79.43 billion ($1.36 billion) for the first nine months of 2024, a figure that marks a42% increase over the same period last year. According to the report, revenue for the third quarter reached its highest for th
PAGCOR’s income was up 98.1 per cent year-on-year.The Philippines.- The Philippines Amusement and Gaming Corp (PAGCOR)has shared its financial results for the first nine months of the year. Income was up 98.1 per centin year-on-year termsto PHP9.63bn (US$165.6m).Gross income reached PHP79.43bn (US$1
The state-run Philippine Amusement and Gaming Corp (Pagcor) reported net income of just above PHP9.63 billion (US$165.6 million) for the first nine months of 2024, up 98.1 percent from the prior-year period.Total revenue for the nine months to September 30 rose by 42.0 percent year-on-year to PHP79.
National gaming regulator the Philippine Amusement and Gaming Corp (Pagcor) is set to reduce further the gross gaming revenue (GGR) remittance rate for online and on-site betting platforms, starting from January next year.Fees will be cut to 30 percent for land-based licences and to 25 percent for i
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