Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO
Alejandro H. Tengco received on Tuesday, March 18, the inaugural Regulatory
Landmark Award during this year’s Asia Gaming Awards at the Grand Ballroom of
Shangri-La, The Fort in Taguig.
Managing Director of Asia Gaming Brief, the inaugural Regulatory Landmark Award
during this year’s Asia Gaming Awards held at the Grand Ballroom of Shangri-La, The
Fort in Taguig.
The Regulatory Landmark Award, a newly added category to the prestigious Asia
Gaming Awards, was bestowed upon the PAGCOR chief for his significant
contributions to the growth of the Philippine gaming industry.
In his acceptance speech, Mr. Tengco acknowledged the efforts of the PAGCOR
team and industry stakeholders, emphasizing that the recognition was a testament to
their dedication, resilience, and commitment to regulatory excellence.
during the Asia Gaming Awards on March 18 when he was conferred the inaugural
Regulatory Landmark Award.
“This award reaffirms our efforts in fostering a well-regulated gaming sector in the
Philippines,” he said. “It will serve as an inspiration for all of us to continue shaping
an industry that is not only profitable but also ethical, sustainable, and beneficial to
the communities we serve.”
Under Mr. Tengco’s leadership, the Philippine gaming industry posted a record-
breaking gross gaming revenue (GGR) of Php410 billion in 2024 – a 25% increase
from the previous year’s GGR.
Likewise, PAGCOR recorded unprecedented revenues of Php112 billion in 2024, a
41% growth year-on-year.
The Asia Gaming Awards, now on its fifth year, recognizes the achievements of key
players and leaders in the gaming industry across the region.
