The Philippine Amusement and Gaming Corporation (PAGCOR) saw its income nearly double yearly during the first nine months of the year, with electronic games the strongest contributor.
The post PAGCOR net income doubles in 9-month period, driven by electronic games first appeared on Asia Gaming News | AGB – Asia Gaming Brief.
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PAGCOR is a 100 percent government-owned and controlled corporation under the Office of the President of the Republic of the Philippines.
The state-owned gaming firm was created during the Martial Law years by virtue of a Presidential Decree (PD) 1067-A issued by then President Ferdinand Marcos in response to calls for the Philippine government to put a stop to the growing proliferation of illegal casino operations in various parts of the country.
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