PAGCOR Chairman and board offer courtesy resignations

30 May 2025 at 7:13am UTC-4
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Alejandro Tengco, Chairman and CEO of the Philippine Amusement and Gaming Corporation, has confirmed that he and the board have submitted courtesy resignations after President Ferdinand Marcos Jr.’s request to reshuffle the government figures.

Marcos Jr. called for the courtesy resignations from his cabinet secretaries on 21 May to assess the performance of government sectors. The move was supported by the League of Cities of the Philippines.

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The board included President and Chief Operating Officer Wilma Eisma and directors Jose Maria Ortega, Fanciss Democrito Concordia, and Gilbert Cesar Remulla.

“I had filed my courtesy resignation together with the entire PAGCOR Board. We all serve at the pleasure of the president,” Tengco said in a statement.

Just a few days before the president’s call for courtesy resignations, Tengco was speaking at the Second International Conference on Responsible Gambling and Addiction in Quezon City.

The gaming industry grew under Tengco’s leadership, with (US$7)1 PHP = 0.0179 USD
2025-05-30Powered by CMG CurrenShift
-billion/">gross gaming revenue hitting PHP410 billion (US$7.35 billion)1 PHP = 0.0179 USD
2025-05-30Powered by CMG CurrenShift
for 2024
, up 25% compared to the prior year.

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