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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

SiGMA Central Europe

03 de November 2025

Uplatform Captivates SiGMA Central Europe 2025: Fresh Ideas, Juicy Results

(Cyprus).- At Fiera Roma, where countless booths fought for attention, only one stopped attendees in their tracks and sparked the reaction, “You have to see this”—Uplatform’s standout showcase.

Thursday 20 Nov 2025 / 12:00

SiGMA Central Europe: An Exclusive Conversation with GR8 Tech’s Chief Sales Officer Yevhen Krazhan

(Rome, SoloAzar Exclusive).- In this interview, Yevhen Krazhan, Chief Sales Officer at GR8 Tech, discusses the cutting-edge products and solutions showcased at SiGMA Central Europe, the audience’s enthusiastic response, and how GR8 Tech is carving out a strong position in high-growth regions such as MENA, Africa, and Latin America.

Thursday 20 Nov 2025 / 12:00

Belatra Showcases Innovation and Expansion Strategy at SiGMA Central Europe

(Rome, SoloAzar Exclusive).- Belatra Games made a powerful impression at SiGMA Central Europe, where Chief Marketing Officer Kateryna Goi unveiled the company’s latest titles and strategic vision. The booth buzzed with excitement as visitors explored novelties such as Long Neck Fortune, Goose Boom Bang, and Fortune Mummy, alongside the centerpiece attraction—the Mummyverse, a connected universe of thrilling slot experiences. Read more about company’s growth and future expansion across Europe.

Wednesday 19 Nov 2025 / 12:00

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