Wilma Eisma Breaks Glass Ceiling as PAGCOR’s First Female President and COO A Historic Appointment in Gaming Regulation—In an unprecedented move, the Philippine Amusement and Gaming Corporation (PAGCOR) has named Wilma Eisma as its new President and Chief Operating Officer (COO), marking her as the first woman to ever hold these prestigious positions within the […]
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’s recent actions against illegal online gambling mark a critical juncture in the Philippines’ gaming industry, demonstrating a robust regulatory framework and a proactive stance against non-compliance. Through strategic enforcement, legal action, and public engagement, Pagcor is setting a new standard for integrity and responsible gaming. As the industry evolves, Pagcor’s vigilant oversight ensures a […]
Championing Employee Welfare Amid Regulatory Changes In the dynamic landscape of the Philippine gaming industry, the Philippine Amusement and Gaming Corporation (PAGCOR) stands at the forefront, not just as a regulator and operator but as a committed advocate for its employees’ welfare. Amidst the introduction of a new Compensation and Position Classification System (CPCS) by […]
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 […]
A Monumental Leap in iGaming: Philippines Shatters Revenue Records In a remarkable year for the Philippines’ iGaming sector, the country witnessed its revenue skyrocket to PHP58.16 billion in 2023, marking an unprecedented milestone that nearly doubled the earnings from the previous year. This colossal 92.3% increase from 2022’s PHP30.24 billion, and an 80.4% surge past […]
In the relentless battle against illegal gambling, the Philippine Amusement and Gaming Corp (PAGCOR) is unveiling a strategic shift aimed at reducing the government’s share in casino revenues. With the chairman and CEO, Alejandro Tengco, at the helm, PAGCOR plans to trim the government’s take from the current 42.5% to 37.5% by March, with a […]
PAGCOR faces a significant financial obligation. The Court of Tax Appeals orders PAGCOR to pay PHP117 million in deficiency income tax. A landmark ruling could redefine fiscal responsibilities for gaming entities in the Philippines. Delve into the details of this pivotal tax ruling against PAGCOR. Court’s Decision on PAGCOR’s Tax Liability The Philippines’ Court of […]