Tag Archives: Alejandro H. Tengco

PAGCOR remains vigilant as gambling threats loom over

SBC News 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. …

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Philippines’ PAGCOR to implement 5% GGR remittance reduction from April 

BetConstruct ventures to the Philippines with Jade SportsBet deal

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.  …

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Philippines introduces stricter sanctions for offshore gambling firms

BetConstruct ventures to the Philippines with Jade SportsBet deal

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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