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10,000 grade-school pupils benefited from Pagcor feeding program

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Employees of Casino Filipino Tagaytay assist young pupils during the Pagcor Feeding Program in Anuling Elementary School in Mendez, Cavite. CONTRIBUTED PHOTO/Pagcor

The Philippine Amusement and Gaming Corp. (Pagcor) reported on Friday that more than 10,000 public grade-school pupils have benefitted from the agency’s feeding program this school year.

Posted: March 22nd, 2014 in Latest Business Stories | Read More »

Pagcor projects 5% profit growth in ’14

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Philippine Amusement and Gaming Corp. expects a 5-percent income growth from the operation of its own casinos this year, saying that the gaming industry is likely to benefit from rising incomes in the country.

Posted: March 3rd, 2014 in Headlines | Read More »

Pagcor asked to remit P5.8B in unpaid dividends to gov’t coffers

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Pagcor chairman and  chief executive officer Cristino Naguiat  INQUIRER file photo

The Philippine Amusement and Gaming Corp. has been asked by the Department of Finance to remit to state coffers P5.8 billion worth of unpaid dividends during the term of President Gloria Macapagal-Arroyo.

Posted: February 24th, 2014 in Latest Business Stories | Read More »

Biz Buzz: Merger precondition

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There seems to be no stopping the move to merge the Philippine Dealing System Holdings Corp. (PDS) with the Philippine Stock Exchange, with the latter as the surviving entity—a move that will create a unified bourse and allow fund managers, bankers and even retail investors to trade both stocks and bonds.

Posted: April 29th, 2013 in Headlines | Read More »

Pagcor still waiting for Okada’s group to settle land ownership issue

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pagcor-logo

The Philippine Amusement and Gaming Corp. (Pagcor) is still waiting for Japanese businessman Kazuo Okada’s group to settle the land ownership issue in its project for Entertainment City pending negotiations with local partner Robinsons Land Corp.

Posted: February 19th, 2013 in Latest Business Stories | Read More »

Luxe casinos will bring more evils, bishop warns

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Archbishop Emeritus Oscar Cruz. INQUIRER FILE PHOTO

While admitting that his antigambling campaign has become a “voice in the wilderness,” retired Archbishop Oscar Cruz on Friday warned of evils that can be lured into the country with the opening of big casinos in Manila early next year.

Posted: December 29th, 2012 in Latest Business Stories | Read More »

Highest Pagcor income short of P65M

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pagcor-logo

The Commission on Audit (COA) in its 2011 audit report has cited the Philippine Amusement and Gaming Corp. (Pagcor) for its record-breaking P36.659 billion income in 2011, its highest in 11 years.

Posted: July 1st, 2012 in Latest Business Stories | Read More »

Belle Corp. casino in Pagcor City slated to open in 2013

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Leisure estate and gaming firm Belle Corp. plans to open its casino in Pagcor City “sometime next year” and is now awaiting an additional P3-billion fund-raising by partner Leisure and Resorts World Corp. to build the hotel portfolio required by the government.

Posted: April 23rd, 2012 in Latest Business Stories | Read More »

Naguiat hits report on PH gambling’s ‘ingrained graft’

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Pagcor chairman and  chief executive officer Cristino Naguiat  INQUIRER file photo

The head of Philippine Amusement and Gaming Corp. (Pagcor) on Friday strongly denied “reckless allegations” by a US-based gaming giant that he was bribed by a Japanese tycoon seeking to build a rival casino in Metro Manila and that the local gaming industry was tainted with corruption.

Posted: February 25th, 2012 in Featured Gallery,Headlines,Latest Business Stories,Photos & Videos | Read More »

Pagcor revenues hit a high

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State-owned Philippine Amusement and Gaming Corp. (Pagcor) reported robust revenues at the end of September, marking the fifth month in a row that the agency beat historic highs.

Posted: October 22nd, 2011 in Headlines | Read More »

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