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Pagcor’s 9 months good despite Pogo ban

Business Mirror LogoBusiness Mirror2d ago

Pagcor’s 9 months good despite Pogo ban - Business Mirror

Quick Summary:

WITH revenues rising nearly half to P79.43 billion from January to September this year, the Philippine Amusement and Gaming Corp.(Pagcor) saw its net income almost doubling to P9.63 billion from the P4.85 billion in the same period in 2023.

Tengco attributed the robust electronic games sector and the country’s licensed casinos and integrated resorts to the state gaming agency’s financial performance.

As such, Pagcor’s share in nation-building jumped by 40.39 percent to P48.88 billion from last year’s P34.82 billion.


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Article Details

Author / Journalist: Reine Juvierre S. Alberto

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 16:05:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 479 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23329198

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About Business Mirror

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 70 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 15 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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The story "Pagcor’s 9 months good despite Pogo ban" was covered 2 days ago by Business Mirror, a news publisher based in Philippines.

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