Tag: PAGCOR

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Online gaming boom offsets decline in brick-and-mortar casinos in 2025

The Philippine gaming industry generated P396.14 billion in gross gaming revenues (GGR) in 2025, marking a 6.39 percent increase from P372.33 billion in 2024, the Philippine Amusement and Gaming Corp. said on Thursday.

Fuel price surge pressures Philippine gaming industry outlook 

Rising fuel costs tied to geopolitical tensions in the Middle East are beginning to weigh on the Philippine gaming sector, according to Philippine Amusement and Gaming Corp. chairman and chief executive officer Alejandro H. Tengco.

PAGCOR earnings signal online gaming imperative

PAGCOR’s 2025 earnings tell a clear story: the future of state gaming revenues is increasingly digital, even as traditional casinos lose ground and offshore gaming disappears from the mix.

PAGCOR cracks down as digital gaming outpaces rules

The explosive growth of digital gaming has redrawn the global gambling landscape, wiping out borders, accelerating innovation, and exposing regulatory gaps that legacy systems were never built to handle, according to Philippine Amusement and Gaming Corp. (PAGCOR) Chairman and CEO Alejandro H. Tengco.

PAGCOR net income surges on gaming growth

The Philippine Amusement and Gaming Corporation (PAGCOR) reported a 49 percent jump in net income to P14.32 billion in the first nine months, driven by stronger gaming operations and improved efficiency across its business units.

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Meralco crews work around clock after Habagat

Manila Electric Co. (Meralco) crews are working around the clock to restore power in communities affected by the enhanced southwest monsoon, with about 18,000 customers still without electricity as of 8 a.m. Tuesday.

RCBC pushes embedded finance beyond traditional banking

Rizal Commercial Banking Corp. is deepening its push into embedded finance, expanding its Banking-as-a-Service, application programming interface, and ecosystem banking capabilities as financial services increasingly move into the digital platforms where consumers and businesses already transact.

Raslag solar farm resumes operation after flash flood

Raslag Corp. said its largest solar farm, the 36.6-megawatt-peak RASLAG 4 in Pampanga, has partially resumed operations after flash flooding forced it off the grid, highlighting the growing weather risks facing the country’s renewable-energy infrastructure.

Metrobank refreshes M Free, Cashback card designs

Metropolitan Bank & Trust Co. (Metrobank) has refreshed the...

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