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PAGCOR Maintains E-Gaming Application Freeze as Licensed Operator Count Falls to 48
The Philippine Amusement and Gaming Corporation (PAGCOR) has no immediate plans to reopen applications for new e-gaming operators as it moves to consolidate the country’s domestic online gaming industry, where the number of licensed operators has declined from 74 to just 48. PAGCOR Chairman and CEO Alejandro Tengco said the regulator would maintain the moratorium that has been in place since March 2024, according to comments reported Thursday by The Philippine Star following
Aug 272 min read
Rising Oil Prices Begin to Weigh on Philippine Gaming Sector, PAGCOR Chief Warns
The Philippine Amusement and Gaming Corporation (PAGCOR) has raised concerns over the growing impact of escalating oil prices on the country’s gaming industry, pointing to ongoing tensions in the Middle East as a key driver behind the surge in fuel costs. According to PAGCOR Chairman and CEO Alejandro H. Tengco, these developments are already influencing both operational performance and consumer spending patterns, two critical pillars of the sector’s stability. Addressing att
Apr 162 min read
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