Others

PAGCOR, GCG sign 2024 performance target

Monday 25 de March 2024 / 12:00

⏱ 1 min read

(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

SiGMA World 2026

02 de November 2026

SiGMA Italia Awards Charity Auction Raises €34,500 for Good Causes

(Rome).- The SiGMA Italia Awards 2026 charity auction in Rome raised €34,500 across seven lots—featuring contemporary art, football history, and lunch with Bernie Ecclestone—to support the SiGMA Foundation.

Monday 09 Nov 2026 / 12:00

Africa Takes Center Stage in Global Gambling Governance at SiGMA World 2026

(Rome).- African regulatory leaders gathered at SiGMA World 2026 to discuss the future of gaming regulation, emphasizing the continent's growing expertise and leadership in shaping global governance while tackling critical enforcement challenges.

Thursday 05 Nov 2026 / 12:00

Closing of SiGMA World 2026: Business Opportunities and Activities in Rome

(Rome, SoloAzar Exclusive).- With an intense agenda of business, final conferences, sports finals, and the anticipated SiGMA Italia Awards, SiGMA World 2026 concludes today at Fiera Roma after four record-breaking days that brought together global leaders in gaming, technology, and finance.

Thursday 05 Nov 2026 / 12:00