PAGCOR 2025 revenues fall 5% to Php106.03B as land-based earnings soften

Fri | 01.30.2026 | 3:00 PM

The Philippine Amusement and Gaming Corporation (PAGCOR) today reported total revenues of Php106.03 billion in 2025, down 5.09% from Php111.72 billion in 2024, as earnings from land-based casinos declined and offshore gaming was no longer in the revenue mix.

Revenues from gaming operations amounted to Php95.15 billion, slightly lower than the Php97.53 billion recorded in 2024.

Other revenue streams, including interest earnings, income, and service fees, contributed an additional Php10.88 billion.

More than half of PAGCOR’s gaming revenues, or Php53.33 billion, came from electronic and online gaming activities, including eGames, eBingo, and bingo grantees...

PH highlights regulatory reforms at ICE Barcelona 2026

Wed | 01.21.2026 | 2:00 PM

The Philippine Amusement and Gaming Corporation emphasized the importance of robust and effective regulatory enforcement to sustain growth in the online gaming sector during a gathering of global industry leaders at ICE Barcelona 2026 in Spain.

PAGCOR Chairman and CEO Alejandro H. Tengco said the rapid expansion of digital gaming has reshaped the industry, erasing borders, accelerating innovation, and exposing regulatory gaps that traditional systems were not designed to manage.

“The greatest threat to both regulators and licensed operators is not higher standards,” Mr. Tengco told an international audience of regulators, policymakers, and industry stakeholders. “It is the continued presence of illegal and unregulated actors that undermines trust and distorts competition.”

Mr. Tengco cited the Philippines’ recent regulatory reset as an example of how jurisdictions must respond decisively to emerging risks.

He pointed to the government’s decision to ban Philippine Offshore Gaming Operations (POGOs), a policy fully enforced by the end of 2024, after offshore gaming was linked to criminal activities...

PAGCOR chief leads PMAAAI Leadership Center inauguration

Tue | 12.16.2025 | 3:00 PM

Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and Chief Executive Officer Alejandro H. Tengco led the blessing and inauguration of the Philippine Military Academy Alumni Association Inc. (PMAAAI) Center for Leadership and Excellence at Fort Bonifacio in Taguig on Tuesday, December 16.

The completion of the mid-rise, multipurpose facility worth P600 million marked a key milestone for the country’s premier military alumni organization. The center was funded by the Newport World Resorts Foundation which PAGCOR approved and supported in 2024.

The center will house the PMAAAI’s offices and will serve as a venue for leadership development, learning, and fellowship among PMA alumni...

PAGCOR chief refutes conflict-on-interest claims vs family’s construction firm

Thu | 12.11.2025 | 2:00 PM

Philippine Amusement and Gaming Corporation Chairman and CEO Alejandro Tengco today refuted allegations of conflict of interest in connection with the contracts won by his family’s construction firm from the government, saying he has no direct or indirect influence in the awarding of such public works contracts.

He also denied that the government contracts won by Nationstar Development Corporation...

PAGCOR enhances responsible gaming safeguards amid digital play growth

Wed | 12.10.2025 | 2:00 PM

The Philippine Amusement and Gaming Corporation (PAGCOR) said it has intensified its responsible gaming measures as the country’s digital gaming market continues to grow, Chairman and CEO Alejandro H. Tengco said Wednesday.

Speaking at the G2E Asia @ the Philippines 2025 in Pasay City, the PAGCOR chief said the new financial safeguards include the delinking of e-wallets and certain payment channels to strengthen integrity and player protection across the fast-growing online sector.

Mr. Tengco said the transition to tighter payment controls has prompted operators and players to recalibrate, resulting in softer revenues in the latter part of the third quarter of this year.

He said the measure is essential to improve traceability, reinforce anti-money laundering protections, and curb illicit financial activity.

“In recent months, most of you are aware that our industry has confronted severe headwinds,” he said. "These reforms inevitably have short-term impacts that are necessary because we cannot build a modern digital gaming ecosystem on foundations that do not fully meet global integrity and compliance standards...”

GCG cites PAGCOR for performance, sustainability

Thu | 12.04.2025 | 1:00 PM

The Philippine Amusement and Gaming Corporation (PAGCOR) earned two major honors at the Governance Commission for GOCCs (GCG) Awards Ceremony on Monday, December 1, reaffirming its status as one of the country’s leading GOCCs.

PAGCOR received a 99.92% score on its 2024 Performance Evaluation Scorecard and was also awarded the Sustainability Award for its “exemplary efforts in upholding sustainability values and best practices in corporate governance.”

PAGCOR Chairman and CEO Alejandro H. Tengco said that the recognitions reflect the agency’s progress...”

Stricter rules help shape a more responsible E-Games sector – PAGCOR

Thu | 11.27.2025 | 5:00 PM

The country’s E-Games and E-Bingo operators are navigating a difficult but necessary transition toward stricter safeguards and more transparent operations that help shape a more responsible industry, PAGCOR Chairman and CEO Alejandro H. Tengco said.

Speaking during a gathering of the Association of Independent Licensed Gaming and Amusement Operators, Inc. (AILGAO) in Muntinlupa City on Wednesday, Mr. Tengco acknowledged that recent reforms have prompted adjustments across the E-Games sector.

He cited in particular the mandatory de-linking of e-wallets from online gaming platforms which he said is intended to strengthen the credibility of legitimate operators while preventing potential harm on young and vulnerable players.

“You may be interested to know that in the third quarter of 2025, we recorded an industry GGR that was a bit lower than last year,” The PAGCOR chief said. “But this reflects an industry transitioning to stronger and safer practices.”

He noted that the E-Games and E-Bingo segment still grew 17.4 percent in the third quarter compared with the same period last year, but admitted that the de-linking policy triggered a temporary GGR decline in August and September.

PAGCOR donates more patient transport vehicles

Wed | 11.21.2025 | 2:00 PM

The Philippine Amusement and Gaming Corporation (PAGCOR) continued its support for local healthcare services with the turnover of 11 new Patient Transport Vehicles (PTVs) to local government units (LGUs) and institutions on Thursday, November 20, at the PAGCOR Corporate Office in Pasay City.

The latest batch of beneficiaries includes the municipalities of Pandi (Bulacan), Barbaza (Antique), Ipil (Zamboanga Sibugay), Lubao (Pampanga), Vintar and Piddig (Ilocos Norte), Claveria (Misamis Oriental), San Carlos City (Pangasinan) and Maasin City (Southern Leyte).