Coverage of the ASEAN Gaming Summit 2025 said the terms for licences for Philippine Internet Gaming Operators were expected to be defined in the next few months. It also reported PAGCOR chairman Alejandro Tengco’s view that eGaming growth had offset the ban on Philippine offshore gaming operators.
The expected licence terms could affect online gaming operators seeking to enter or operate in the Philippines.
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PAGCOR chairman and CEO Alejandro Tengco expects government approval for a proposal separating regulation from casino operations. The report puts Casino Filipino's expected 2026 losses at PHP7bn, equivalent to $111m.
According to a report, Alejandro Tengco, PAGCOR's chairman and chief executive, is still confident the government will approve separating the regulator's regulatory activities from its casino operations. Speaking to local press at the Kaban Hotel and Casino Boracay opening this week, he said the Commission for Government-Owned or Controlled Corporations (GCG) will likely recommend the proposal to the Office of the President. Government approval is still needed for the plan to proceed.
PAGCOR expects to raise PHP20bn to PHP30bn ($318m to $477m) from selling its Casino Filipino business, chairman Alejandro Tengco said, with a final valuation not yet set. The regulator aims to exit casino operations in Q3 or Q4 2027, pending presidential approval of its decoupling plan. Losses at the state-run chain are expected to reach at least PHP7bn ($111m) this year, reported by The Philippine Star.
The Philippine Amusement and Gaming Corporation is looking to raise between PHP20 billion and PHP30 billion, or $318 million to $477 million, by selling its Casino Filipino business as part of a separation of its casino operations from its regulatory role. According to the company's chairman and chief executive, Tengco, the final valuation has not been set. The Philippine Star reported that the regulator aims to exit casino operations by the third or fourth quarter of 2027.
PAGCOR has expanded its gambling exclusion programme to about 40,000 people in six months, up from roughly 1,700 before Alejandro Tengco became chairman and CEO. Tengco gave the figures at the launch of Kaban Hotel and Casino in Boracay on 11 October. Approved applicants face a ban of at least one year.
PAGCOR has expanded its gambling exclusion programme to about 40,000 people over six months, up from roughly 1,700 before Alejandro Tengco became chairman and CEO, the regulator's chief said. Tengco gave the figures at the launch of Kaban Hotel and Casino in Boracay on 11 October, according to a report of his remarks.
PAGCOR chair and chief executive Alejandro Tengco expects the Governance Commission for Government-Owned or Controlled Corporations to recommend separating the regulator’s oversight and operating roles to the Office of the President. He said Casino Filipino’s losses could rise from about Php6 billion (US$95 million) to Php7 billion (US$111 million) by year-end 2026, citing operating costs and integrated-resort competition.
Mynt’s payment solutions revenue fell 3.7% year on year to PHP24.9 billion in the first half of 2026, according to AP Securities. The brokerage attributed the pressure to the Bangko Sentral ng Pilipinas’ requirement to remove e-wallet links to gambling sites; PAGCOR’s chairman said online gaming transactions fell about 50% after the delinking took effect in August 2025.