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PAGCOR

PAGCOR

The Philippine Amusement and Gaming Corporation (PAGCOR) is the gambling regulator of the Philippines and a state-owned casino operator, wholly owned and controlled by the government under the Office of the President. Governed by Presidential Decree 1869, the PAGCOR Charter, it is mandated to regulate, operate, authorise and license games of chance, cards and numbers, particularly casino gaming, to raise revenue for national development and to promote tourism. Republic Act 9487 of 2007 extended its corporate life by 25 years. Its regulatory remit covers licensed casinos, electronic gaming, remote operations and ancillary services, poker, suppliers and gaming employment licences, with a player exclusion programme and quarterly industry data. PAGCOR also runs the Casino Filipino branches and satellite casinos.

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PAGCOR at a glance

Stories
24
Last covered
October 2026
Coverage since
July 2025
Segment
Regulator

Latest coverage

High-rise towers and a construction crane in Metro Manila at dusk, under a hazy sky
Corporate

Okada Manila's Q3 EBITDA Falls 13% to PHP962m Even as Visitors Rise 12%

Okada Manila drew more visitors, filled more hotel rooms and earned nearly a fifth more from its mass tables in the third quarter, yet revenue was flat and adjusted EBITDA fell 13%. Most of the mass-table gain came from a higher win rate rather than more play, and the VIP business kept shrinking.

Glass office towers in Manila against a blue sky
Corporate

S&P: DigiPlus Will Keep Half the Philippine Online Market; the State Is the Risk

The ratings agency expects the operator to hold 40% to 50% of legal online gaming for two years, with the second player at 15% to 20%. It also says the risk of regulatory intervention is "higher in the Philippines than other jurisdictions", cites the e-wallet delinking that cut DigiPlus revenue 23% in a quarter, and flags Senate bills that could ban the product outright. The central bank added a new one today.

Manila's skyline at night with traffic and neon-lit streets
Regulatory

Philippine Central Bank Finds 8,000 Salons and Bakeries Were Casino Fronts

Thousands of PHP50 payments after midnight to businesses that on paper were beauty parlours and corner shops turned out to be bets. The BSP has shut the merchant accounts and drafted rules that put the burden on GCash, Maya and their aggregators to know who they are paying. PAGCOR's chairman: "Unfortunately, we don't have control over that."

PAGCOR Warns Philippine Gaming Revenue Could Fall Up to 19% in 2026
Regulatory

PAGCOR Warns Philippine Gaming Revenue Could Fall Up to 19% in 2026

The Philippine regulator has cut its outlook for the year as the online segment that recently overtook land-based casinos slumps, with the chairman pointing to squeezed lower-income players and the removal of e-wallet links from gambling platforms.

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