By SectorWire desk ·
The report said that PAGCOR’s first-half revenue fell 26.6% year on year to PHP43.32bn. Weaker electronic gaming earnings weighed on the regulator’s financial results.
Lower electronic gaming earnings reduced PAGCOR’s first-half revenue.
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The approval supports Interblock’s planned product rollout at a Manila casino resort.
The proposed separation would change PAGCOR's responsibilities for regulation and casino operations.
PAGCOR's chairman wants online gaming legislation enacted during his term, signalling his legislative priority to operators.
Century Entertainment maintains regulatory compliance despite its joint venture partner’s GSA licence loss.
The update concerns the separation of PAGCOR’s responsibilities as gambling regulator and operator.
Philippine gaming operators face calls from PAGCOR’s chairman for regulatory adaptation and ongoing assessment of the agency’s responsibilities.