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Others

PAGCOR, GCG sign 2024 performance target

Monday 25 de March 2024 / 12:00

2 minutos de lectura

(Manila).- Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro Tengco and Governance Commission for GOCCs (GCG) Chairperson Atty. Marius Corpus recently signed PAGCOR’s 2024 Performance Scorecard which summarizes the state gaming agency’s targets and revenue projections for the year.

PAGCOR, GCG sign 2024 performance target

A highlight of the 2024 Performance Scorecard is PAGCOR’s projected gross gaming revenues (GGR) of Php336.38 billion for the Philippine gaming industry. The target is 17.91% or Php51.11 billion higher than the actual 2023 GGR of Php285.27 billion.

Meanwhile, PAGCOR-run casinos are projected to generate Php81.27 billion revenues from gaming operations by the end of the year. This is 2.39% or Php1.9 billion higher than the Php79.37 billion actual PAGCOR casino revenues in 2023.

Also in the 2024 Performance Scorecard are PAGCOR’s commitment of 100% payment of mandatory contributions to recipient agencies; attainment of Php5.266 billion net income (less income tax); and 98% collection efficiency of license and regulatory fees from the agency’s regulated gaming entities.

The state gaming firm likewise committed 90% disbursements budget utilization rate; retention of ISO 9001:2015 Certification (Pass Surveillance Audit); 100% of transactions processed within the prescribed period; 100% attainment of 2024 deliverables; and improvement on the competency baseline of the organization, among others

Categoría:Others

Tags: Sin tags

País: Philippines

Región: Asia

Event

ICE Barcelona 2026

19 de January 2026

CT Gaming Shines at ICE Barcelona 2026

(Sofia).- At ICE Barcelona 2026, CT Gaming showcased its latest multigame products, attracting strong operator interest and confirming its global market leadership.

Wednesday 28 Jan 2026 / 12:00

Konami Online Interactive debuted at ICE as a new iGaming brand and Solstice 49C™ was unveiled

(Las Vegas).- We present a Complete summary of Konami products after the ICE Barcelona 2026 event, highlighting the main innovations and trends presented at Fira Barcelona Gran Via.

Wednesday 28 Jan 2026 / 12:00

Soft2Bet Wins Two Major Industry Awards at ICE Barcelona 2026

(Malta).- Soft2Bet secured two prestigious accolades at the Global Gaming Awards EMEA and the International Gaming Awards, taking home Platform Provider of the Year and Innovator of the Year honors.

Wednesday 28 Jan 2026 / 12:00

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