OFFSHORE GAMING HUB IN CAVITE OFFICIALLY CLOSED -- PAGCOR

Wed | 12.18.2024 | 6:40 AM

The Philippine Amusement and Gaming Corporation (PAGCOR) said all offshore gaming operations at Island Cove in Kawit, Cavite have been shut down in compliance with President Ferdinand Marcos Jr.'s directive to halt all Philippine Offshore Gaming Operator (POGO) activities nationwide.

PAGCOR Chairman and CEO Alejandro H. Tengco, Interior Secretary Jonvic Remulla, Presidential Anti-Organized Crime Commission (PAOCC) Executive Director Undersecretary Gilbert Cruz and Philippine National Police (PNP) Chief Gen. Rommel Francisco Marbil oversaw the formal closure of the POGO hub at Island Cove on December 17.

SMC Infrastructure ink landmark lease deal for Nayong Pilipino property

Mon | 12.16.2024 | 9:00 AM

The Philippine Amusement and Gaming Corporation (PAGCOR) and San Miguel Infrastructure formally signed on December 12 a 25-year contract of lease for the utilization of PAGCOR’s 15-hectare Nayong Pilipino property in Pasay City.

A major consideration of the agreement is the construction of PAGCOR’s new corporate office building which will soon rise on a two-hectare portion of the property.

PAGCOR's ‘Bawat Buhay Mahalaga’ Caravan brings vital services to Ilocos Norte

Sat | 11.30.2024 | 3:30 PM

LAOAG CITY – Over 3,000 residents of Ilocos Norte benefited from vital health services and assistance provided by the Philippine Amusement and Gaming Corporation (PAGCOR) through its Bawat Buhay Mahalaga Serbisyo Caravan.

Held at the Ilocos Norte Centennial Arena from November 29 to 30, the two-day event offered free medical consultations and services, medicines as well as food packs and other essential services and community assistance.

PAGCOR sends 21K relief packages to Northern Luzon

Mon | 11.18.2024 | 6:00 PM

The Philippine Amusement and Gaming Corporation (PAGCOR) began another massive relief drive in Northern Luzon on Friday, November 15, immediately after Typhoon Ofel barreled down the country’s northern towns and provinces.

The agency prepared over 21,000 relief packs and immediately extended aid to displaced residents in Apayao (1,000 packs), Cagayan (2,000 packs), Isabela (5,000 packs), and Pagudpud, Ilocos Norte (2,000 packs).

PH Gaming GGR grows 37.52% to Php94.61B in Q3

Thu | 11.14.2024 | 9:00 AM

The Philippine Amusement and Gaming Corporation (PAGCOR) today announced that the local gaming industry’s Gross Gaming Revenues (GGR) grew 37.52% in the third quarter to Php94.61 billion from the Php68.79 billion GGR year-on-year.

The industry’s third quarter growth was driven mainly by the Electronic Gaming sector which increased more than five-fold, generating Php35.71 billion in revenues from last year’s Php6.32 billion.

“The Electronic Gaming sector recorded a phenomenal increase of 464.38% from last year,” said PAGCOR Chairman and CEO Alejandro H. Tengco.

“This impressive performance is a strong indication that the use of modern technology and mobile gadgets in gaming and amusement will continue to play a pivotal role in shaping the future of gaming.”

Second leg of PAGCOR Photo exhibit opens at Newport mall

Thu | 11.07.2024 | 12:30 PM

The Philippine Amusement and Gaming Corporation (PAGCOR) formally opened the second leg of the 2024 PAGCOR Photography Contest Exhibit on Wednesday, November 6, at The Grove at Newport Mall in Pasay City.

Held in partnership with Newport World Resorts (NWR), the exhibit features the 48 grand finalists of the PAGCOR 2024 photo contest to give the public a creative glimpse into the country’s bountiful harvest season.

With the theme “Harvest Time,” PAGCOR’s photo competition...

PAGCOR Q3 revenues up 42% to PHP79.43 billion

Tue | 10.29.2024 | 2:30 PM

The Philippine Amusement and Gaming Corporation (PAGCOR) announced today that its revenues for the first nine months of the year have reached Php79.43 billion, up 42% from the Php55.95 billion revenues year-on-year.

The state gaming agency’s notable performance, according to PAGCOR Chairman and CEO Alejandro H. Tengco, was again driven by the robust Electronic Games sector followed by the country’s licensed casinos and integrated resorts.

“The Electronic Games sector alone contributed Php28.22 billion or 35.52% to the gaming revenue pie, followed by the licensed casino sector which chipped in 30.84% or Php24.50 billion from licensee fees,” he said.

Net income for the first nine months, meanwhile, was at Php9.63 billion, nearly double last year’s Php4.85 billion.

“Our third quarter performance is a strong indication that in spite of the President’s decision to ban offshore gaming operations in the country...

PAGCOR LAUNCHES NEW FLAGSHIP PROJECTS WITH DEPED, DPWH

Sat | 10.27.2024 | 12:30 PM

The Philippine Amusement and Gaming Corporation (PAGCOR) on Wednesday, October 23, formally launched its newest flagship infrastructure projects that includes school buildings with a target to complete at least 1,200 classrooms in the next four years.

PAGCOR Chairman and CEO Alejandro Tengco announced the details of its new projects during the signing of a Joint Memorandum Circular with its partner agencies, the Department of Education (DepEd) and the Department of Public Works and Highways (DPWH).

PAGCOR’s massive relief drive for Kristine-hit areas underway

Sat | 10.26.2024 | 8:30 AM

The Philippine Amusement and Gaming Corporation (PAGCOR’s) massive relief drive for areas affected by Tropical Storm Kristine has begun in earnest, sending out an initial 5,000 relief packs on Thursday from a total of 53,000 packs it has prepared.

The relief packs will be dispatched to hard-hit communities in the Bicol Region, Northern Luzon and CALABARZON, said PAGCOR Chairman and CEO Alejandro Tengco.

“Many of the major roads to these areas were not passable at the height of Kristine’s onslaught so we had to wait a bit for the floods to subside, but were able to ship out the first batch of relief items even while the storm was still lashing out parts of the country.”

The City of Lipa in Batangas was the first to receive relief aid from the state gaming agency on the night of October 24, as roads there were already passable. The city government received 2,000 food and non-food packs for distribution to affected locals.

Bingo for A Cause offers bigger funds to LGUs, organizations

Mon | 9.23.2024 | 1:O0 PM

The Philippine Amusement and Gaming Corporation (PAGCOR) said it has tweaked its “Bingo for A Cause’’ program to help local government units (LGUs) and non-government organizations (NGOs) raise more funds for their socio-civic programs.

PAGCOR Assistant Vice President Maria Teresa Ocampo said the state gaming agency has approved new packages that will allow LGUs and NGOs to earn as much as 50% share from proceeds of bingo events to be conducted with PAGCOR.

VP Villaflor shakes hands with Mayor Barzaga following the ceremonial unveiling of the socio-civic center’s marker.

PAGCOR unveils modern socio-civic center in Dasmarinas City

Sun | 9.22.2024 | 1:O0 PM

DASMARIÑAS CITY, Cavite – The Philippine Amusement and Gaming Corporation (PAGCOR) inaugurated here Wednesday, September 18, its 41st completed Socio-Civic Center three years after its groundbreaking in October 2021.

The three-story modern structure was built with a Php50 million grant from PAGCOR and is the only socio-civic facility with complement funding from the city government, bringing the total project cost to Php110 million.

It is also the only socio-civic facility that is equipped with an elevator to help elderly and physically challenged visitors to reach its higher floors with ease.

PAGCOR holds mall exhibit for 2024 Photo Contest winning entries

Thu | 9.19.2024 | 4:O0 PM

Winning entries of the Philippine Amusement and Gaming Corporation’s (PAGCOR) 2024 Photography Competition are now on display at the MET Live Mall in Pasay City to give the public a chance to see and appreciate them.

The photo exhibit, which will run until October 14, gives the public a unique perspective into the country’s bountiful harvest season, which is the theme of PAGCOR’s photo contest this year.

“Through this photo exhibit, we give more people the opportunity to appreciate...

The mobile category grand winners proudly show their trophies, certificates, and cash prizes awarded by PAGCOR President and COO Wilma Eisma (4th from right) and Directors Francis Concordia (extreme right) and Gilbert Remulla (extreme left).

PAGCOR photo contest 2024 grand winners bared

Tue | 9.17.2024 | 4:O0 PM

THE Philippine Amusement and Gaming Corporation (PAGCOR) today announced the 24 grand winners of its prestigious 2024 Photography Competition which attracted nearly 4,000 entries nationwide.

With the help of seasoned photographers and exceptional visual artists who served as jurors during the regional and final screenings, PAGCOR carefully selected photo entries that stood out for their originality and visual impact.

PAGCOR casinos set to receive 2000 new slot machines

Tue | 9.10.2024 | 4:O0 PM

PAGCOR Chairman and CEO Alejandro H. Tengco announced today, September 10, that nearly 2,000 units of new and modern slot machines for Casino Filipino gaming venues will be delivered mid-September as part of the agency’s modernization program.

During the opening of the IAG Academy Summit at the Hilton Manila this morning, Mr. Tengco said the delivery of the new machines will level up the game offerings of Casino Filipino branches nationwide in a bid to increase foot traffic and boost overall profitability.

“As we prepare for the planned privatization of PAGCOR casinos, we intend to increase their value by modernizing our gaming facilities and equipment to make them more attractive to potential investors,” the PAGCOR chief said during his keynote address.

The agency has ordered a total of 3,341 new slot machines which are identical to those that are being used in the country’s top integrated resort casinos. The first batch arriving within the week consists of 1,968 units.

Mayor Art Mercado of San Pedro City in Laguna (4th from right) receives from PAGCOR the relief donations for residents who were affected by heavy rains and floods brought by Tropical Storm Enteng and the southwest monsoon.

PAGCOR brings swift aid to 5,500 families in flood-hit communities

Wed | 9.04.2024 | 4:O0 PM

Braving heavy rains and floods, the Philippine Amusement and Gaming Corporation (PAGCOR) provided timely relief goods to several communities affected by the combined effects of Tropical Storm Enteng and the southwest monsoon this week.

Over 5,500 families received food and non-food packs during PAGCOR’s relief operations on September 2 and 3. The food packs contained rice, canned goods and grocery items while the non-food packs included mosquito nets and toiletries.

PH Q2 Gross Gaming Revenues up 32.32% to 89.23 billion

SUN | 8.11.2024 | 9:O0 AM

The Philippine Amusement and Gaming Corporation (PAGCOR) announced today that the country’s Gross Gaming Revenues (GGR) for the second quarter reached Php89.23 billion, which is 32.32% higher than the Php67.43 billion GGR in the same period last year.

The second quarter GGR is also 9.21% higher than the first quarter industry revenue of Php81.70 billion.

PAGCOR Chairman and CEO Alejandro H. Tengco said the Electronic Games (E-Games) sector, which brought in Php30.85 billion, is still the local gaming industry’s best performer in terms of growth.

PAGCOR slams disinformation on POGO closure order

Sat | 7.27.2024 | 1:30 PM

The Philippine Amusement and Gaming Corporation (PAGCOR) today flagged a disinformation campaign through a memorandum purportedly ordering local government units to immediately terminate the operations of Philippine Offshore Gaming Operators or POGOs by August, saying that the memo was fake.

Atty. Jessa Mariz Fernandez, head of PAGCOR’s Offshore Gaming Licensing Department, said the supposed memo to LGUs in Metro Manila dated July 26 was a forged version of an earlier memorandum she issued last July 23, a day after the President’s State of the Nation Address.

“We have not issued a memorandum ordering LGUs to immediately close down POGO operations in their jurisdiction because the President’s order is very clear: We have until the end of the year to wind down POGO operations, and we will follow that,” Atty. Fernandez said.

The fake memo was telling select LGUs in Metro Manila to terminate POGO operations “within the first week of August”.

“This is a clear disinformation intended to create chaos and confusion,” she said. “Whoever is behind this clearly has ulterior motives, and we shall ask the National Bureau of Investigation...”

PAGCOR Chairman and CEO Alejandro H. Tengco receives a plaque of recognition as one of this year’s “Men Who Matter” awardees. The annual awards ceremony is organized by PeopleAsia magazine.

PAGCOR Chief feted as one of men who matter in 2024

Sat | 7.27.2024 | 11:00 AM

Barely two years at the helm of the Philippine Amusement and Gaming Corporation (PAGCOR), Chairman and CEO Alejandro H. Tengco has been recognized as a game changer and was thus chosen as one of the “Men Who Matter” awardees this year.

The annual awards ceremony, organized by PeopleAsia Magazine, recognizes and pays tribute to the country’s outstanding men who made a mark in their respective fields while giving back to society.

Mr. Tengco’s tenacity to lead PAGCOR and transform it into a better and more responsive government organization was cited by the award-giving body which commended his drive to increase the agency’s “net income by 53 percent, its revenues by 34.6 percent and its contribution to nation-building by 43 percent” in the first half of the year.

In his acceptance speech, Chairman Tengco said he now has an even bigger task to accomplish after he was instructed by the President to wind down the operations of all Philippine offshore gaming operators or POGOs in the country by the end of the year.

PAGCOR’s Community Relations and Services Department head Eric Balcos (middle) and Senior Manager Rydel de Guzman (left) turn over on July 24 a total of 2,000 food and non-food relief packs to Caloocan City 1st District Representative Oscar Malapitan for distribution to families affected by Typhoon Carina.

PAGCOR braves floods to help disaster-hit communities

Fri | 7.26.2024 | 5:30 PM

At the height of the downpour and massive flooding in Metro Manila and nearby provinces Wednesday, volunteer teams from the Philippine Amusement and Gaming Corporation (PAGCOR) started bringing relief packs to affected communities.

Classes and government work were suspended on Wednesday and Thursday due to the widespread flooding, but PAGCOR volunteers went into action nevertheless.

“Even at the height of the flooding, and even before the President ordered government agencies to provide assistance to affected communities, PAGCOR employees...

PAGCOR: Net income more than doubles in 1st half to PHP6.56B

Sun | 7.14.2024 | 3:00 PM

The Philippine Amusement and Gaming Corporation (PAGCOR) today announced that its net income for the first half of 2024 has reached Php6.56 billion, up by 121.48% from its net income of Php2.96 billion in the same period last year.

Total Philippine gaming industry gross gaming revenue or GGR on the other hand grew 19.21% to Php194.743 billion from the Php163.36 billion GGR in the first semester of 2023.

PAGCOR Chairman and CEO Alejandro Tengco said the robust income growth of the state gaming firm is a testament to the positive result of the reforms and enhanced regulations being implemented under the new administration.

“PAGCOR’s robust net income growth translates of course to a larger Contribution to Nation-Building,” he said. “We were able to remit Php31.82 billion in CNB to the Treasury in the first six months compared to Php22.62 billion in the same period last year.”