PAGCOR Revenues Soar, but POGO Controversies Continue to Unfold

The Philippine gaming industry saw a marked rebound in 2022, with receipts of more than US$1 billion to the country’s gaming regulator, PAGCOR. However, after pledging to “nurture” its offshore gaming trade, the regulator added that it “denounces” crimes allegedly associated with those operations, and will “not hesitate” to sanction offenders.