Casino
October 20, 2022
PAGCOR Donates $331,000 to Various Causes in the Philippines
PAGCOR has been a bulwark in the Philippine gaming industry. The regulator-slash-operator of gaming businesses in the Asian country has also been a big contributor to the state budget, good causes, relief funds, educational initiatives, and local government schemes. PAGCOR’s Corporate Social Responsibility mandate has now resulted in a total of PHP19.5 million or $331,000 […]
Casino
October 20, 2022
PBI Confirms Repatriations of POGO Workers Begin
The Philippines Bureau of Immigration is delivering on its promise to repatriate workers who worked in the Philippine Offshore Gaming Operators (POGOs) without the necessary visa and permits to work. The PBI has vowed to send home around 40,000 workers (previous numbers put them closer to 48,000), with the first six of those processed on […]
Casino
October 11, 2022
China Puts PAGCOR on Traveling Blacklist over POGOs
China continues to huff and puff over Philippine Offshore Gaming Operators (POGOs) and the country is done being diplomatic about its objection to Chinese nationals participating in activities that take place in the sprawling POGO industry. Rather, China is moving with a tougher measure, putting the Philippines on a blacklist of overseas tourism destinations. China […]
Casino
September 29, 2022
Arrests for Illegal Gambling Not Tied to POGO, Claims PAGCOR
The Philippine Amusement and Gaming Corporation, PAGCOR, released a new statement in light of the recently reported rise in crimes believed to be related to Philippine Offshore Gaming Operators (POGO). Operators without License Aren’t Automatically POGO PAGCOR’s statement was released on Thursday and points out that the recent arrests of Chinese and foreign nationals that were reportedly involved […]
Casino
September 9, 2022
Court Denies Okada’s Appeal against PAGCOR
Japanese billionaire and founder of the Okada Manila Casino Resort Kazuo Okada is not giving up on the fight over the control of the resort that easily. Okada recently made an attempt to block the decision by the Philippine Amusement and Gaming Corporation (PAGCOR) to reinstate the board of directors of the resort’s operator Tiger […]
Casino
September 7, 2022
TRAL Regains Control Over Okada Manila Following PAGCOR Order
On September 2, Philippine Amusement and Gaming Corporation (PAGCOR) ordered the group led by Japanese billionaire Kazuo Okada to surrender the Okada Manila Casino Resort back to The Tiger Resort Asia Limited (TRAL), the legal owner of the casino’s operator Tiger Resort, Leisure and Entertainment Inc (TRLEI). TRAL Regains Control Over Okada Manila Following an […]
Industry
September 1, 2022
New PAGCOR Chief Suggests Privatization of State-Owned Casinos
The new CEO and chairman of the Philippine Amusement and Gaming Corporation (PAGCOR), Alejandro Tengco, has suggested that he will be considering the privatization of the state-owned casinos in the Philippines. New PAGCOR Chief Voices Ideas Regarding Casino Privatization The freshly appointed PAGCOR head, Tengco, has made comments that PAGCOR will reconsider its current function […]
Business
August 29, 2022
PAGCOR Casinos May Be Up for Sale Under BBM
The presidential elections in the Philippines earlier this year resulted in the appointment of Bongbong “BBM” Marcos, a scion of Ferdinand Marcos Sr., a former president, and Imelda Romualdez Marcos, a former first lady. While his family is linked to profligate spending that was largely seen as one of the reasons why the Philippines ended […]
Industry
August 1, 2022
PAGCOR Shares H1 2022 Financial Report, Revenue Reaches $481.9M
The Philippine Amusement and Gaming Corporation (PAGCOR), has posted a financial report for the first half of 2022 and the data states that its YoY revenue has increased by 68.11%. In the period between January and June 2022, the total reported revenue reached P26.70 billion ($481.9 million). PAGCOR’s Revenue Even Exceeded the Original Expectations Originally, […]
Industry
July 26, 2022
PAGCOR Opened an Evacuation Center in Laguna
The Philippine Amusement and Gaming Corporation (PAGCOR) has demonstrated its commitment to the safety of Philippine citizens by opening a new multi-purpose evacuation center. The new establishment will shelter people in times of disaster and provide them with all the necessities they might need. PAGCOR’s New Facility Is Well-Equipped PAGCOR officially opened the new evacuation […]