{"id":777012485,"date":"2024-01-18T09:48:52","date_gmt":"2024-01-18T12:48:52","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777012485"},"modified":"2026-04-22T13:53:30","modified_gmt":"2026-04-22T16:53:30","slug":"pagcor-anticipates-e-games-to-overtake-land-based-casinos-in-the-country","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/pagcor-anticipates-e-games-to-overtake-land-based-casinos-in-the-country","title":{"rendered":"PAGCOR anticipates e-games to overtake land-based casinos in the country"},"content":{"rendered":"\n

PAGCOR’s chairman said e-games will surpass land-based casinos in revenue in the Philippines, as technological advancements transform the country’s gambling industry.<\/p>\n\n\n\n\n\n\n\n

In a recent briefing, Alejandro Tengco<\/strong>, the chairman and CEO of the Philippine Amusement and Gaming Corp (PAGCOR)<\/strong>, highlighted the increasing significance of electronic games (e-games) in shaping the country’s gambling landscape. <\/p>\n\n\n\n

Tengco said that e-gaming has significantly increased the regulator’s revenues<\/strong> and has the potential to surpass physical casinos in the coming years.\u00a0<\/p>\n\n\n\n

He also added that the younger market prefers e-gaming<\/strong>, and some people prefer not to be seen playing in casinos. Tengco then pointed out that e-gaming offers the convenience of placing bets from the comfort of home or office, without having to visit a physical casino.<\/p>\n\n\n\n

PAGCOR regulates all games of chance and issues licences to all gaming operations within the Philippines.\u00a0 Through its e-games licensing department, the regulator oversees traditional bingo games, e-bingo, e-casino, sports betting, speciality games, and e-billiards.\u00a0<\/p>\n\n\n\n

As of the end of 2023, 23 licenced gaming system service providers offer e-games<\/strong>. There are also nine more authorized online and remote gaming platforms, including Bingo Plus, Solaire Online, Casino Plus, Thunderbird Online Casino, Okada Online Casino, and Winford.<\/p>\n\n\n\n

For 2023,\u00a0PAGCOR reported gross gaming revenues (GGR) of PHP285bn (US$5.1bn)<\/a>, up 33 per cent year-on-year.\u00a0Casinos remained the primary revenue contributors<\/strong>, accounting for PHP207.5bn (US$3.7bn). However, it was followed by the electronic games sector with PHP58.16bn (US$1.04bn). <\/p>\n\n\n\n

Despite this, Tengco then stressed that traditional casinos will always be present, despite the potential benefits of e-games and noted some people still prefer the experience and excitement of traditional land-based casinos. However, to take advantage of the growth in e-gaming,\u00a0the regulator plans to launch its own online casino<\/a>.\u00a0<\/p>\n\n\n\n

By the second half of the year, Casino Filipino, PAGCOR’s chain of 43 casinos, is expected to have its own online platform<\/strong>. Tengco had previously said it would offer expanded market reach, enhanced customer engagement and increased revenue potential.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

PAGCOR’s chairman said e-games will surpass land-based casinos in revenue in the Philippines, as technological advancements transform the country’s gambling industry.<\/p>\n","protected":false},"author":176,"featured_media":777027985,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"PAGCOR's chairman, Alejandro Tengco, projects that e-games will soon exceed land-based casino revenues in the Philippines, driven by technological adoption and evolving player preferences. This strategic shift is evidenced by significant GGR contributions from the e-gaming sector, prompting PAGCOR to launch its own online casino platform for its Casino Filipino brand by H2 2024 to capitalize on this growth.","focusai_entities":"Alejandro Tengco, Philippine Amusement and Gaming Corp (PAGCOR), Bingo Plus, Solaire Online, Casino Plus, Thunderbird Online Casino, Okada Online Casino, Winford, Casino Filipino","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.95), regulator (1.0), compliance_legal (0.85), operator_casino (0.95), affiliate_publisher (0.75), product_ux (0.8), tech_data (0.8), marketing_crm (0.9), payments_fraud_aml (0.7), investor_analyst (0.95), supplier_vendor (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"PAGCOR Regulatory Adjustments?","query":"What specific regulatory adjustments will PAGCOR implement to manage the projected shift in GGR dominance from land-based to e-gaming, particularly concerning B2C licensing and responsible gambling frameworks?"},{"label":"PAGCOR Online Impact?","query":"How will PAGCOR's entry as an online operator via Casino Filipino impact the competitive landscape and market share of existing licensed online and remote gaming platforms in the Philippines?"}],"footnotes":""},"categories":[153,158,16333],"tags":[4138,405],"class_list":["post-777012485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-igaming-news","category-slider-home","category-south-east-asia-news","tag-online-gambling","tag-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777012485"}],"version-history":[{"count":1,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012485\/revisions"}],"predecessor-version":[{"id":777012486,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012485\/revisions\/777012486"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777027985"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}