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PAGCOR Expands its Regulatory Scope To Include Online Casinos
PAGCOR CEO Alejandro Tengco announced that the Philippines gaming regulatory frameworks will undergo a major overhaul and upgrade. The regulator will reportedly introduce standards to have online poker and enhanced…
$350000 fine
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PAGCOR Cancels CGC Technologies Inc.’s Gaming License
According to the Philippine regulatory body, its investigation found that CGC Technologies Inc was involved in illegal activities. Alleged Criminal Activities: The source also reports that PAGCOR has imposed a…
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Pagcor reports its net income doubled in Q1 of 2023, y-o – y
The first quarter of 2023 saw the state-owned corporation’s net income double compared to the PHP624.7 million generated over the same period last year. Compared with the net income of…
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Private Privatization is Coming to the Philippines for Casinos
Philippine Gaming and Amusement Corp (Pagcor), announced Tuesday that the state-owned casinos of the country would be sold at a price of PHP80 billion (US$1.47 million). An important step for…