PAGCOR links third-quarter revenue softness to tighter payment controls
PAGCOR chairman and chief executive Alejandro H. Tengco said tighter payment controls contributed to softer gaming revenues in the latter part of the third quarter in the Philippines. The measures include delinking e-wallets and restricting payment channels, which PAGCOR said aim to improve player protection, traceability and anti-money-laundering compliance.
Operators must adapt payment processes to PAGCOR’s tighter controls and related responsible-gambling requirements.