PAGCOR’s Monumental Php4.59 Billion Dividend Boosts Philippine Treasury, Fueling National Growth In a grand display of corporate responsibility and commitment to national prosperity, the Philippine Amusement and Gaming Corporation (PAGCOR) has made a groundbreaking remittance of Php4.59 billion ($81.6 million) in cash dividends to the State Treasury. This contribution, constituting 75% of PAGCOR’s net earnings […]
188Bet’s Return to Philippines: A Vote of Confidence in Regulatory Environment Amidst shifting tides in the global gambling industry, the return of 188Bet to the Philippines emerges as a symbol of trust and optimism in the regulatory landscape. Following its relocation during the Duterte administration, 188Bet’s decision to establish roots once more in the Philippines […]
Pagcor Sets the Record Straight on Casino Filipino and Future Plans The Philippine Amusement and Gaming Corporation (Pagcor) has recently taken a firm stand against circulating rumors of a ₱500m renovation ahead of the Casino Filipino branch in Angeles City’s privatization. Alejandro H Tengco, Pagcor’s chairman, vehemently denies these claims, emphasizing a misinformation campaign that […]
A Bold Step Toward Gambling Reform: Philippine House Panel Votes for POGO Ban In a decisive move, the Philippine House of Representatives’ Committee on Games and Amusements has approved two critical measures, House Bill 5082 and House Resolution 1197, aiming to ban offshore gambling operators (POGOs) from operating within the country. Cracking Down on Offshore […]