Search Results for: Alejandro Tengco
PAGCOR announces tax rate reduction among PIGOs
February 6, 2024
The gambling regulator of the Philippines, PAGCOR, announced that local online gaming providers (PIGOs) will only have to pay a 35...
PAGCOR to cut revenue shares collected from online casinos
January 23, 2024
The head of the Philippine gambling regulator, Alejandro Tengco, has disclosed plans to lower the revenue that the nation's online...
PAGCOR to advocate for stringent regulations in potential reinstatement of e-sabong
January 22, 2024
The government-run Philippine Amusement and Gaming Corp. (PAGCOR) has announced that it would push for more stringent regulations ...
PAGCOR to lay off 665 Casino Filipino employees
January 19, 2024
From the Casino Filipino New Coast facility in Manila Bay, a total of 665 employees of the Philippine Amusement and Gaming Corp. (...
PAGCOR says Philippine GGR could reach $6.03 billion in 2024
January 16, 2024
The Philippine Gaming Authority's chairman and CEO, Alejandro Tengco, projects that the nation's gross gaming revenue (GGR), which...
PH 3Q GGR marks 20% year-on-year increase
November 24, 2023
In the third quarter of 2023, the Philippines' gaming industry saw rapid expansion, with gross gaming revenues (GGR) surpassing PH...
PAGCOR anticipates Philippine GGR in 2023 will exceed pre-COVID levels
November 6, 2023
Gross gaming revenues (GGR) in the Philippine gaming industry are expected to return to pre-COVID-19 levels in 2023, according to ...
PAGCOR announces additional PHP 8 billion for nation-building initiatives in 2024
November 3, 2023
The Philippines gaming regulator, PAGCOR, increased its total contributions to PHP 56.2 billion (approximately US$991 million) in ...
PAGCOR reports net income of PHP4.8 billion for first nine months of 2023
October 31, 2023
The Philippine Amusement and Gaming Corp. (Pagcor) reported net profits for the first nine months of 2023 of over PHP4.86 billion,...
FATF calls on PH to swiftly implement action plan in addressing AML
October 31, 2023
The Philippines has been urged to expedite the implementation of its action plan to address strategic deficiencies in counterterro...