Tag: PAGCOR

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PAGCOR Regulatory Separation Decision Expected Soon

PAGCOR Chairman Alejandro Tengco says the Governance Commission for Government-Owned or-Controlled Corporations will decide soon on separating the agency's regulatory and casino operations roles.

Cebu City Orders Police To Tighten Illegal Gambling Monitor

Cebu City Mayor Nestor Archival ordered local police to intensify monitoring of illegal gambling, specifically targeting e-Sabong, Lotte, and unauthorized small town lotteries with immediate permit verification.

PAGCOR Resorts Fund Healthcare, Launch Helpline

PAGCOR officials announced that Philippine integrated resorts drive tourism growth, job creation, and critical healthcare support through a new national helpline and hospital construction partnerships.

Int Ent Loss Widens to $62M, Gaming Revenue Up 61%

International Entertainment's FY2026 loss widened to HK$486.4M on a non-cash DigiPlus note charge. Gaming revenue surged 60.7% and gross profit jumped 66.4%, but a PHP5B Philippine tax dispute looms.

International Entertainment Targets September Online Gaming Launch

International Entertainment targets late August or September 2026 for its Philippine online gaming launch under a 3%-97% GGR deal with DigiPlus. The gaming segment swung to profit but a non-cash charge widened the group loss.

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Galaxy chairman buys HK$130M in shares amid slump

Galaxy Entertainment chairman Francis Lui bought HK$130.3M ($16.6M) of shares on October 2, lifting his total disclosed interests to 54.24%.

Sands China reaffirms Macau conservatory commitment

Sands China CEO Grant Chum reaffirmed the Macau conservatory pledge under its gaming concession and pledged convention upgrades after 19 years of Venetian Arena events.

Jeju casino union demands island-wide AML checks

Jeju Dream Tower's worker union asks Jeju police to inspect island-wide casinos over scam-money laundering concerns after a September walkout.

Two men sentenced over illegal poker operation in Cardiff

Two men who ran an unlicensed poker venue in Cardiff received three-year suspended sentences. Investigators found six tables, £260,000 deposited and a rake from every hand.

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