{"id":777014677,"date":"2024-04-11T08:39:14","date_gmt":"2024-04-11T11:39:14","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777014677"},"modified":"2026-04-22T11:14:46","modified_gmt":"2026-04-22T14:14:46","slug":"sigma-asia-2024-gets-pagcor-seal-of-approval","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sigma-asia-2024-gets-pagcor-seal-of-approval","title":{"rendered":"SiGMA Asia 2024 gets PAGCOR seal of approval"},"content":{"rendered":"\n

The event will take place at the SMX Convention Centre, in Pasay, Manila June 3-5.<\/p>\n\n\n\n\n\n\n\n

Press release.- The Philippine Amusement and Gaming Corporation (PAGCOR<\/a>) has written to officially extend its full endorsement of SiGMA Asia\u2019s upcoming 2024 Manila show<\/strong>. The event, which follows last year\u2019s successful debut, takes place at the SMX Convention Centre, in Pasay, Manila from the 3rd to 5th June.<\/p>\n\n\n\n

In their letter, they noted that they \u201crecognise the immense potential of the gaming and financial technology sectors in the Philippines, and we believe the SiGMA Asia summit will play a pivotal role in further elevating these industries to new heights<\/strong>. By bringing together key stakeholders, thought leaders and innovators, this summit promises to foster collaboration, drive innovation, and explore opportunities for growth and development within these dynamic sectors.\u201d<\/p>\n\n\n\n

They go on to emphasise their confidence that the SiGMA Asia Summit will not only showcase the Philippines as a hub for gaming and financial technology but also facilitate meaningful discussions and initiatives <\/strong>that will contribute to the overall advancement of these industries in this region.<\/p>\n\n\n\n

They continue, saying that they are \u2018committed to supporting initiatives that promote economic development, and partnership and are excited about collaborating with SiGMA Asia.\u2019<\/p>\n\n\n\n

\u201cWe eagerly anticipate a fruitful partnership and the positive impact that this summit will undoubtedly bring to the gaming and financial technology landscape in the Philippines.\u201d<\/p>\n\n\n\n

In an interview with SiGMA News last month, PAGCOR chairman and CEO Alejandro Tengco<\/strong> said the agency is laying out plans to make the Philippines an attractive gaming jurisdiction.<\/p>\n\n\n\n

\u201cInvestors can expect more structural changes towards a more comprehensive legal infrastructure which, in turn, should make the Philippines a more attractive gaming jurisdiction,\u201d Tengco said.<\/p>\n\n\n\n

\u201cWe shall also continue lowering our licence fees and modernising our systems to help realise our vision of making the Philippines the gold standard in gaming in the Asia-Pacific region,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

The event will take place at the SMX Convention Centre, in Pasay, Manila June 3-5.<\/p>\n","protected":false},"author":226,"featured_media":777014678,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":true,"is_interview":false,"is_opinion":false,"focusai_summary":"PAGCOR has officially endorsed SiGMA Asia's 2024 Manila summit, recognizing its pivotal role in elevating the Philippines' gaming and financial technology sectors. This endorsement aligns with PAGCOR's strategic objective to enhance the jurisdiction's attractiveness to investors through structural regulatory changes, reduced license fees, and system modernization, aiming to establish the Philippines as a leading iGaming hub in Asia-Pacific.","focusai_entities":"Philippine Amusement and Gaming Corporation (PAGCOR), SiGMA Asia, Alejandro Tengco","focusai_location":"Pasay, Manila, Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.9), affiliate_publisher (0.7), tech_data (0.7), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (1.0)","focusai_suggestions":[{"label":"PAGCOR Regulatory Reforms?","query":"What specific structural changes to the legal infrastructure is PAGCOR planning to implement, and what is the projected timeline for these reforms to enhance the gaming jurisdiction?"},{"label":"License Fee Impact?","query":"How will the proposed reduction in license fees impact the overall GGR contribution to the Philippine government, and what compensatory measures, if any, are being considered to maintain fiscal objectives?"}],"footnotes":""},"categories":[4,24777,159,16333],"tags":[405,24467],"class_list":["post-777014677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events-articles","category-partner-news","category-shows","category-south-east-asia-news","tag-pagcor","tag-sigma-asia-2024","press-release"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014677","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777014677"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014677\/revisions"}],"predecessor-version":[{"id":777014682,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014677\/revisions\/777014682"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777014678"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777014677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777014677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777014677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}