The regulator-operator saw strong performance in the e-gaming sector.The Philippines.-The Philippine Amusement and Gaming Corporation (PAGCOR)has released its financial report for the year 2024.It posted an all-time revenue record of PHP112bn (US$1.92bn), up 41 per cent in year-on-year terms.The reg
The Philippine Amusement and Gaming Corporation (PAGCOR) recently announced its financial report for 2024, with annual revenues reaching a historic high of 112 billion pesos, a 41% increase from the previous year. This breakthrough achievement highlights the strong performance of electronic gaming (
In recent years, the e-games industry has become a significant driving force in the Philippine gaming industry.According to data from the Philippine Amusement and Gaming Corporation (PAGCOR), since 2023, e-games have seen significant revenue growth in the gaming industry, with an increasing contribu
The new rates apply as of this month.The Philippines.- The Philippine Amusement and Gaming Corporation (PAGCOR) has announced a reduction in fees for e-games from 35 per cent to 30 per cent as of January 1. The rates for e-games run by integrated resorts will be cut to 25 per cent in recognition of
The Bureau of Internal Revenue (BIR) has already collected PHP10.7bn (US$190.14m).The Philippines.- Assistant finance secretary Karlo Adriano has told a Senate committee hearing, that the Philippine Bureau of Internal Revenue (BIR) expects to collect between PHP15bn (US$267.68m) and PHP20bn (US$356.
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