The Philippines’ gambling regulator, Amusement and Gaming Corporation (PAGCOR), has confirmed that 74.78% of the illegal igaming websites so far detected have been blocked. Ret. Gen. Raul Villanueva, President of PAGCOR’s Security Monitoring Cluster, said that the total number includes all illegal operations – from websites offering online games to mobile applications and offshore sites – found to be in …
Read More »Tag Archives: Alejandro H. Tengco
PAGCOR remains vigilant as gambling threats loom over
The Philippine Amusement and Gaming Corporation (PAGCOR) has expressed readiness to keep putting pressure on illegal operations in the country. According to the gambling regulator, ‘alien hacking and scam syndicates’ (AHaSS) continue to pose a significant threat to the Philippines’ national security, with the risk also spilling over to the regulated gaming market as well. Issuing a comment, Alejandro H. …
Read More »Philippines’ PAGCOR to implement 5% GGR remittance reduction from April
Alejandro H Tengco, the Chair and CEO of the Philippine Amusement and Gaming Corporation (PAGCOR), has announced the reduction of gross gaming revenue (GGR) remittance rate for online and on-site betting. The changes by the state gaming regulator are expected to come into force on 1 April with the goal of attracting more foreign investments into the Philippines’ gaming sector. …
Read More »Philippines introduces stricter sanctions for offshore gambling firms
The Philippine Amusement and Gaming Corporation (PAGCOR) has introduced an updated regulatory framework for offshore licence holders, ahead of its planned launch of an online casino market next year. New efforts to tighten regulation of offshore companies came into force in July as part of an ‘intensified inter-agency’ campaign against illegal activity linked to such firms, according to the regulator …
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