PAGCOR Explores Lucrative Online Gaming: Attracting Offshore Gamblers for Growth
- Get link
- X
- Other Apps

PAGCOR ventures into e-gambling to attract offshore gamblers
The Philippine Amusement and Gaming Corp (PAGCOR), the regulatory body overseeing the country's gambling activities, is set to make a strategic move into the lucrative world of online gaming. With plans to launch its own e-gambling operations next year, PAGCOR aims to expand its customer base and attract affluent offshore gamblers to the vibrant Southeast Asian market.
In 2022, PAGCOR garnered a staggering $293 million in revenue from its 41 physical casinos, contributing significantly to the country's gambling industry's overall gross gaming revenue of $3.9 billion. However, recognizing the untapped potential of online gaming, the regulator is keen to capitalize on this vast opportunity and bolster its market presence.
Addressing the prospects at the SiGMA Asia gaming conference, PAGCOR Chairman Alejandro Tengco highlighted the game-changing potential of online gaming. By venturing into this digital landscape, PAGCOR aims to access new markets, reaching a broader audience and diversifying its customer base.
- Get link
- X
- Other Apps
Comments
Post a Comment