PAGCOR reveals online gambling cash flow: 50 billion in revenue, illegal platforms pose the greatest threat

Alejandro Tengco, Chairman and CEO of the Philippine Amusement and Gaming Corporation (PAGCOR), recently disclosed that in 2024, PAGCOR collected up to 50 billion pesos in licensing fees from 70 legal online gambling platforms, half of which was directly remitted to the national treasury, and the ot

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Philippine Online Gambling: The Addiction Crisis Post-Pandemic and Government Response

Government Revenue Skyrockets, Citizens Lose Everything to Online Gambling, Filipinos Struggle with Gambling AddictionMark (pseudonym), 38, a financial executive, has suffered personal losses due to the online casino frenzy of 2020 and is still repaying a debt of 5 million pesos.Mark's online gambli

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