Tag: Alejandro Tengco

PAGCOR Chairman and board offer courtesy resignations

30 May 2025 at 7:13am UTC-4
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 ...

Bloomberry to launch online gaming platform to earn back lost revenue

25 April 2025 at 6:40am UTC-4
Filipino hotel and casino company Bloomberry Resorts Corp plans to launch an online gaming platform to tackle lost revenue because of the Philippine Offshore Gaming Operators ban ...

Moody’s: Philippines is off FATF grey list but online gambling and crypto still present a risk

25 February 2025 at 6:12am UTC-5
Moody’s has urged businesses in the igaming and cryptocurrency sectors to remain vigilant regarding money laundering in the Philippines, despite the country’s removal from the ...

PAGCOR to support special class companies providing outsourced work to international gaming firms

19 February 2025 at 8:04am UTC-5
Philippine gaming regulator PAGCOR has pledged ongoing support for the nation’s special class business process outsourcing companies, which provide local support to ...

Light & Wonder opens office in Philippines

13 February 2025 at 5:59am UTC-5
Light & Wonder has extended its influence in the Philippines by opening an office and showroom in Clark Freeport Zone. Light & Wonder’s portfolio of gaming content is ...

PAGCOR further slashes fee rate charged to Philippine online gaming operators to 30%

21 January 2025 at 6:14am UTC-5
Philippine gaming regulator PAGCOR has reduced the rates it charges operators of online games, also known as E-Games, from 35% to 30%, while those operating online gaming will ...