Tengco was recognised for his contributions to the gaming industry in the Philippines.<\/p>\n\n\n\n\n\n\n\n
The Philippines.- Philippine Amusement and Gaming Corporation (PAGCOR) chairman and CEO Alejandro Tengco has been named one of PeopleAsia Magazine’s Men Who Matter. The magazine said Tengco’s leadership had been transformative for PAGCOR.<\/p>\n\n\n\n
In his acceptance speech, Tengco expressed gratitude to PAGCOR employees and emphasised their collective efforts. Tengco noted that the directive<\/a><\/span> to wind down the operations of all Philippine offshore gaming operators by the end of the year was a significant task ahead.<\/p>\n\n\n\n In the first half of the year<\/a>, PAGCOR’s net income was up 121.48 per cent in year-on-year terms<\/a> to PHP6.56bn (US$112.34m) while total gross income reached PHP51.76bn (US$886.17m), up by 42.92 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":" Tengco was recognised for his contributions to the gaming industry in the Philippines.<\/p>\n","protected":false},"author":176,"featured_media":777017642,"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 Chairman and CEO Alejandro Tengco was recognized by PeopleAsia Magazine for his transformative leadership. Under his direction, PAGCOR reported significant H1 financial growth, with net income up 121.48% and gross income up 42.92%. A key strategic initiative under his tenure is the mandated wind-down of all Philippine offshore gaming operators by year-end.","focusai_entities":"Alejandro Tengco, Philippine Amusement and Gaming Corporation (PAGCOR), PeopleAsia Magazine","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.9), affiliate_publisher (0.7), marketing_crm (0.7), payments_fraud_aml (0.7), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"POGO Wind-down Impact","query":"What are the projected economic and operational impacts on the Philippine iGaming ecosystem, including B2B suppliers and local employment, following the mandated POGO wind-down by year-end?"},{"label":"PAGCOR Revenue Diversification","query":"How does PAGCOR plan to sustain its significant revenue growth, particularly given the cessation of POGO contributions, and what new gaming verticals or market expansions are being considered?"}],"footnotes":""},"categories":[157,16333],"tags":[405],"class_list":["post-777017641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017641","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=777017641"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017641\/revisions"}],"predecessor-version":[{"id":777017660,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017641\/revisions\/777017660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777017642"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777017641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777017641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777017641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}