Philippine Amusement and Gaming CorporationPAGCOR
October 24, 2025In a separate statement, Maya indicated it is also ready to comply with the BSP’s directive. “We share the BSP’s commitment to ensuring that digital financial services are used responsibly and in ways that protect the welfare of Filipinos,” GCash statement said. For the PAGCOR chief, a total ban would not be the best course of action, as unlicensed operators will always find ways to skirt around the rules.
However, the BSP’s order does not require online gambling platforms to remove links to e-wallets within their apps and websites. This means players can still cash in for online gaming, but not directly through e-wallet applications. While research firm The Fourth Wall reported a 70% decline in online gambling participation among Filipinos in licensed sites after e-wallet platforms cut their in-app links, it also found a 40% increase in users turning to illegal or unregulated sites. Tengco argued that the real issue lies not with regulated online gambling or e-wallet platforms but with foreign-based illegal operators preying on Filipino users.
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What is the most profitable casino in the Philippines?
Data from state-run Philippine Amusement and Gaming Corp. (Pagcor) showed Razon's Solaire Resort—owned by listed Bloomberry Resorts Corp. —as the top earning casino in 2023 with gross gaming revenues of about P61 billion.
“The update will be implemented in line with the BSP’s guidance. We assure customers that their accounts and transactions remain secure and fully operational,” the Maya statement said. “Once we receive the official directive, we will immediately enforce the necessary changes to ensure compliance and safeguard our users,” it added. Tengco appealed to Congress to strengthen PAGCOR’s regulatory authority with stricter measures targeting illegal platforms instead of imposing an outright ban. Located along a major thoroughfare along Aguirre Avenue, but still strategically nestled in a quiet area to provide privacy and exclusivity, our BF Homes facility is our Main Headquarters. They are in a professionally managed, structured, and therapeutic environment–away from the triggers and dangers that their addictions bring.
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- However, the BSP’s order does not require online gambling platforms to remove links to e-wallets within their apps and websites.
- The facility is strategically located close to provide a magnificent view of Mt. Makiling while being close to major thoroughfares.
- In the heart of the bustling city of Lipa, our facility provides a secure reprieve for private addiction rehab.
- Tengco argued that the real issue lies not with regulated online gambling or e-wallet platforms but with foreign-based illegal operators preying on Filipino users.
Our clients are in a secured, private, and exclusive facility fitted with 24/7 security and medical staff. MANILA – E-wallet GCash and digital payment firm Maya assured that they would comply with the Bangko Sentral ng Pilipinas’ (BSP) order to unlink from online gambling sites. In other words, the survey suggested that online gambling activity in the Philippines is not declining as it may appear; rather, players are only shifting to more accessible platforms. Our Bulacan facility aims to provide security and privacy to our residents—all in a refreshing environment surrounded by nature—so that they can focus more on their recovery journey and their holistic healing. BH-Laguna hopes to provide healing and recovery to people in Laguna and nearby provinces.
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We provide a wide range of counseling and therapy services to address the different needs of our clients. Finally overcome the struggles and challenges of addiction, which affects not just your loved ones but your family too. With the right treatment and support group Bridges of Hope provides, you can finally look forward to a better life. Some lawmakers, however, contend that PAGCOR’s revenue contributions are not enough to outweigh the social costs of gambling in the country. The gaming regulator is mandated by law to allocate a portion of its income to universal healthcare and other social services programs of the government. His fears of players resorting to unlicensed platforms seem online casino paypal to carry some weight based on a recent survey revealing the effect of the BSP’s order on gambling participation.
The facility is strategically located close to provide a magnificent view of Mt. Makiling while being close to major thoroughfares. It also provides a therapeutic environment for residents as they take in beautiful scenery and fresh air, while taking dips in the hot spring pool in the facility. PAGCOR has reportedly earned P114.83 billion in gross revenues from the online gaming sector alone during the first half of 2025, accounting for over 53% of the P215 billion total gross gaming revenue posted.
Among the e-wallet applications that have publicly committed and complied with the directive include GCash and Maya.
He said that some 60% of online gambling operators in the country are unlicensed, which they have no power to regulate or penalize. The Philippine Amusement and Gaming Corporation (PAGCOR) is a 100 percent government owned and controlled corporation under the Office of the President of the Republic of the Philippines. The law creating PAGCOR was later amended and consolidated under PD 1869 otherwise known as the PAGCOR Charter. Strategically located North of Metro Manila, our QC facility provides a spacious and private place catering to those who are located in the northern metro and in neighboring cities and provinces. We take a human approach to treatment and keep in mind that everyone would have different needs and a very personal recovery journey. Our dedicated counselors are highly experienced and internationally credentialed to treat all kinds of addictions in our DOH-accredited facilities.
