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.
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
Peru Gaming Show 2025
18 de June 2025
Peru Gaming Show 2025: ProntoPaga's Yape One Click revolutionizes digital payments in the gaming sector
(Lima, SoloAzar Exclusive).- During PGS 2025, the International Gaming Fair held in Peru's capital, Karina Sensebé Quevedo, ProntoPaga's Sales Manager in Peru, presented "Yape One Click," the new feature that promises to transform the payment experience with a single touch. Here are the main points of her presentation and what this innovation means for the industry.
Tuesday 01 Jul 2025 / 12:00
America Simulcast Drives Innovation in Horse Betting and Wins Over the Crowd at Peru Gaming Show 2025
(Lima, SoloAzar Exclusive) – Jefferson Pernudi, Product Manager at America Simulcast, stated that growing interest in the Peruvian market for international racing products and technology solutions tailored to both retail and digital sectors motivated the company to participate in the Peru Gaming Show. Read more in this interview.
Monday 30 Jun 2025 / 12:00
Strong return for Amatic Industries at Peru Gaming Show 2025
(Austria).-Amatic Industries has made a remarkable comeback at this year’s Peru Gaming show, which took place from 18 – 19 June. The company’s return to PGS was met with strong interest, positive feedback and promising new business opportunities.
Thursday 26 Jun 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.