In an extensive exploration of offshore gaming intricacies, Alejandro H. Tengco, Chairman and CEO of the Philippine Amusement and Gaming Corporation (PAGCOR), provides nuanced insights into the evolving landscape of offshore gaming in the Philippines and the regulatory strategies employed to address associated complexities. Understanding the complex offshore gaming terrain: Tengco delves into the intricate nuances of offshore gaming, shedding light on the infiltration of criminal syndicates, predominantly of Chinese origin, into the Philippine gaming ecosystem. He elucidates the multifaceted challenges […]

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The Philippine Amusement and Gaming Corp. (PAGCOR) revealed on April 28 that it managed to hit an all-time record in gaming revenue of Php25.24bln, roughly US$437m, for the 3-month period leading to March 31 of this year. This represents an annual growth of 42.6% and is higher by 17.4% than in the December quarter. Maintaining an upward trajectory: This latest result is on its way to top Php100bln, roughly US$1.7bln, in yearly gaming revenue, the regulator pointed out. Commenting on […]

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