Latest News
PAGCOR revenues surge 35.6% in H1 2023; contribution to nation-building up by 48.50%
THE Philippine Amusement and Gaming Corporation (PAGCOR) continued to surpass its revenue achievements after it recorded P36.21 billion total income in the first half of 2023 – a 35.64% increment from its year-on-year figures of P26.70 billion.
PAGCOR’s revenues for the first half of 2023 was just P2.59 billion or 6.68% short of its pre-pandemic output of P38.81 billion in 2019.
According to PAGCOR Chairman and CEO Alejandro Tengco, with the agency’s consistent upward revenue trend, it is highly possible for PAGCOR to reach or even surpass its pre-pandemic income by the end of 2023.
“PAGCOR will certainly ride on the tide of our country’s economic growth. As economic activities reach pre-pandemic levels, we are optimistic that we can sustain the gaming industry’s growth momentum as we fortify our regulatory policies to attract more investors in the Philippines,” he said.
PAGCOR’s January to June revenues showed that income from gaming operations and regulatory fees from licensees – which amounted to P34.12 billion – remained as the biggest contributor to the agency’s remarkable revenue performance. Said amount was 38.03% higher compared to the P24.72 billion earnings in the previous year.
The higher income from gaming operations during the first semester of this year was driven by the increase in total industry gross gaming revenue (GGR). From last year’s first semester record of P91.72 billion, January to June 2023 GGR amounted to P136.37 billion – which was 48.68% higher than 2022 figures.
“With the finetuning of our regulatory policies, we believe that the Philippines will become a more attractive gaming and entertainment hub both for investors and guests,” Tengco furthered.
The PAGCOR chief added that as one of the biggest contributors to national coffers, the state-run gaming firm is not dependent on any government appropriation or subsidy.
“It is in fact the other way around as PAGCOR remits close to 70% of its revenues to the government in the form of direct remittances to the national coffers and through its other mandated contributions,” he stressed.
Because of PAGCOR’s remarkable revenue performance during the first half of the year, its contribution to nation building also rose by 48.50% — from P15.23 billion in the first half of 2022 to P22.62 billion this year.
Of the P22.62 billion contributions to nation building, P16.20 billion went directly to the National Treasury as 50% government share. Meanwhile, 50% of PAGCOR’s first semester remittances to the national coffers or P8 billion will be transferred to the Philippine Health Insurance Corporation to fund the Universal Healthcare benefits.
Aside from its contributions to the National Treasury, PAGCOR allocated P3.61 billion for the government’s socio-civic programs. A total of P1.70 billion was likewise remitted to the Bureau of Internal Revenue as 5% franchise tax, while the Board of Claims under the Department of Justice received P19.92 million.
The state-run gaming and regulatory firm likewise remitted P810.47 million to the Philippine Sports Commission (PSC). An additional P17.97 million was released to the PSC as Sports Incentives and Benefits for national athletes and coaches who won in international competitions. Meanwhile, cities hosting PAGCOR’s Casino Filipino branches also received P225.86 million.
Tengco cited that with PAGCOR’s remarkable performance in the first half of the year, the agency is projecting at least P272.74 billion revenues by the end of 2023.
“We have already hit approximately P136.37 billion Gross Gaming Revenue or GGR in the first semester. With the favorable business environment that we have right now, we are hopeful that we can reach or even surpass our revenue targets and contribute more to nation-building.”
Latest News
Female Protea Esports Team arrives safely in Malaysia.
Reading Time: 4 minutes
The MSSA Protea Esports Team for the MLBB Esports Title has safely arrived in Malaysia. The team is proudly sporting purple, instead of green, in support of ending Gender Based Violence in South Africa.
Moments before the team landed in Malaysia, IESF had already done the draw. There are four groups of national teams and South Africa is in Group A with Malaysia and Iran.
This is, without doubt, the group of death with Team Malaysia having won the Mobile Legends: Bang Bang (MLBB) event at the World Esports Championship (WEC) 2024, the Protea Esports Team has an uphill battle against them. However, it is more than likely that the team that wins this group will have a good chance of winning the World Championships (WEC25).
The prize money is as follows:
MLBB Women prizes:
- 1st place – US$17,500.00
- 2nd place – US$10,500.00
- 3rd place – US$7,000.00
The full team is as follows:
| Name | Club | Nick | Province |
| Rowell Pillay (Capt.) | Mavericks | Ketsuka | KZN |
| Neisha Ann Khan | Mavericks | Rose | Western Cape |
| Ranya Sujee | Mavericks | Aewynne | Gauteng |
| Rashmika Nanakan | Mavericks | DimpledDruid | Gauteng |
| Shanel Arunachellam | Mavericks | Isla | Gauteng |
Additional reading:
- 2025 Calendar of Events
- AEC24 – Champions of all of Africa – Protea Female Counter Strike 2 Esports Team wins AEC24
- AEC24 – Forged in battle – a Counter Strike story…
- Affiliation: Private Clubs
- Affiliation – Procedure to be followed by school clubs affiliating for the 2026 season.
- Awards – 2024 Management Board Awards
- Backgammon – South African Player Reaches World Championship Final in Monte Carlo
- Backgammon – Welcome home, Doron. You’ve inspired a nation!
- Blog – MSSA’s blog page is ranked 9th in South Africa!
- Board – Calling all volunteers.
- BRICS – Breaking the glass ceiling at 2025 BRICS Esports Championships – 31 May 2025
- BRICS – Final day of BRICS Esports Championships – 1 June 2025
- BRICS – Luay finishes in fifth place in his group.
- BRICS – MSSA National Team Trials for 2025 BRICS Esports Championships for TEKKEN 8 – 13 April 2025
- BRICS – Protea Luay Khan faces toughest matches in his life.
- BRICS – ReSF to host BRICS Esports Championship 2025 in Tekken – 28 May 2025 to 3 June 2025.
- BRICS – Sydney ‘KYōi’ Wood wins both hearts and minds.
- BRICS – UNIFIR3 to stream 2025 BRICS Esports Championships on 31 May – 1 June 2025.
- BRICS – With cat-like tread…MSSA’s Protea Esports Team for Tekken 8 advances on the 2025 BRICS Esports Championships in Moscow.
- Colours 2024 – Almost half the awards are awarded to female gamers.
- Colours 2024 – Athletes who have earned Senior Provincial Colours in 2024
- Events – 6th WESTERN CAPE Online Championships – 22 February 2025
- Events – 24th WESTERN CAPE Championships – 31 May 2025
- Events – Last chance to qualify for BRICS Esports Championships – 14th Provincial Online Championships to be held on 5 April 2025.
- Events – Northern Cape Online Esports Provincial Championships – 25 January 2025.
- Events – Reminder: 5th S A Schools Online National Championships – 28 June 2025
- Events – Types of esports events run by MSSA.
- Fees: MSSA advises of its affiliation and registration fees for the 2024/2025 season.
- Hosting – Hosting official Regional Championships.
- IESF – AEC – African Regional Championships – Day 2 – Tuesday, 29 July 2025 at 17H00.
- IESF – AEC – AFRICAN REGIONAL PLAYOFFS START TODAY FOR MSSA
- IWSF – AEC – After an initial loss, SA beats Madagascar.
- IESF – AEC – Female Protea Team for the Counter Strike 2 esports title to do battle against Namibia – AEC25
- IESF – AEC – IESF’s African Regional Championships – FINAL RESULTS – Tuesday, 29 July 2025.
- IESF – AEC – Namibia crumbles!
- IESF – AEC – Rowell Pillay replaces Neisha Khan as captain of the female Protea MLBB esports team.
- IESF – AEC – South Africa conquers all in MLBB…
- IESF – AEC – South Africa granted victory with Namibia being disqualified!
- IESF – AEC – South Africa takes to the field in PUBGM on 28 July 2025 at 17H00.
- IESF – AEC – South Africa to battle both Namibia and Congo on 22 July 2025.
- IESF – AEC – South Africa vs Madagascar – 26 July 2025 at 14H00.
- IESF – AEC – South Africa vs Namibia – 25 July 2025 at 21H00.
- IESF – AEC – The goddess Nike smiles on – again!
- IESF – AEC – The Titans meet – South Africa vs Madagascar – 23 July 2023
- IESF – AEC – Victoria cum audacia! – South Africa wins!
- IESF – AEC – Victory over Madagascar – now on to Namibia!
- IESF – AEC – Victory without losses!
- IESF – AEC – WAYLANDER stream of IESF’s Southern African Regional Championships
- IESF – 136 Nations Registered for IESF 2025 World Esports Championships.
- IESF – IESF announces proposed game titles for 17th World Esports Championships to be held in 2025.
- IESF – IESF Official Statement on WEC24 Prize Pool Allocation
- IESF – MSSA CONFIRMS ITS ENTRY TO WEC25
- IESF – Official Game Titles for 2025 IESF WEC25
- IESF – SA Proteas to take on four African countries in MLBB – 12 April 2025
- IESF – SA Team Trials
- IESF – WEC25 – Female Protea Esports Team arrives safely in Malaysia.
- IESF – WEC25 – Joy unrefined!
- IESF – WEC25 – We all stand together!
- International events – After defeating Madagascar, SA’s Female Proteas to take on Mauritius and Ghana..
- International events – FHE eFootball World Tournament 2025 – Sign Up Now!
- International events – ReSF to host BRICS Esports Championship 2025 in Tekken
- International events – SOUTH AFRICA vs IVORY COAST in PUBGM title
- International events – TEST MATCH – SOUTH AFRICA vs MAURITIUS in MLBB title
- International events – Rose is no wilting bloom – the result of SA vs Mauritius.
- International events – SA Female Protea to take on Mauritius and Madagascar in MLBB – 1 May 2025
- International events – SA Female Team emerges triumphant!
- International events – SA Proteas march on to fight Mauritius in MLBB on 13 April 2025 at 15H00
- International events – SA Proteas to take on Congo in MLBB on 13 April 2025 at 13H30
- International events – SA trounces Botswana in MLBB
- Legal – Privacy. Who is looking after the children?
- National Team Trials: Ensuring every athlete achieves their dreams.
- National Team Trials – MSSA events that count for National Team Trials for 17th IESF World Championships (WEC25)
- Nominations: Nominations are needed for 2025 AGM.
- Nominations: Nominations required by midnight,19 November 2025 for MSSA’s Management Board Awards.
- Phygital: 2025 MSSA PHYGITAL EBASS NATIONAL CHAMPIONSHIPS – 19 – 22 NOVEMBER 2025
- Readership: Member clubs are invited to post articles on MSSA’s blog.
- Results – Northern Cape Online Esports Provincial Championships held on 25 January 2025.
- Team Trials: To qualify for National Team Trials to represent South Africa.
- Titles – Esports titles selected for all MSSA’s Premier Provincial and National Championships – 2025.
- Titles – Esports titles selected for all MSSA’s 2025 High School and Primary School Championships and leagues.
- Titles – Esports titles selected for all MSSA’s 2025 Student Championships.
- Transfers: Transfer season – 1 November 2024 to 28 February 2025
- WADA – WADA’s 2025 Prohibited List and revised TDSSA
Jobs:
- Legal Counsel – Mercedes-AMG Petronas Formula One Team (Brackley)
Other news:
- Chess – From Georgia with Love – 2018 FIDE Chess Olympiad
- Chess – World Chess Olympiad in Batumi 2018 -n a book by Dr. Lyndon Boauh
- Western Cape – Table tennis rulebook now available in isiXhosa
Other African News:
- Benin – Assemblée Générale Constitutive : la Fédération Béninoise des Sports Électroniques (FBSE) mis sous les fonts baptismaux
- Botswana – Botswana has an esports Federation
The post Female Protea Esports Team arrives safely in Malaysia. appeared first on European Gaming Industry News.
Latest News
Mr Vegas giveaway raises cash for Sheffield Wednesday during administration crisis
Reading Time: 2 minutes
Mr Vegas helped raise vital funds for Sheffield Wednesday after donating a VIP hospitality box for a fan raffle during last weekend’s Steel City derby against Sheffield United.
The fundraising initiative comes during one of the most challenging periods in the Owls’ 158-year history, following the club’s entry into administration and a points deduction that was yesterday extended by a further six to 18. Mr Vegas, the club’s front-of-shirt sponsor, has renewed its commitment to the club while also offering additional commercial assets to help raise vital funds.
The donated hospitality package was raffled among supporters ahead of the derby, with the winning prize going to lifelong Wednesday fan Simon and nine friends. While 3-0 home defeat was hardly what fans hoped for, the raffle raised £9,000 directly for the club.
Simon said: “Although the result on the pitch wasn’t great, the rest of the day was excellent. We loved being in a box, going down the tunnel and pitchside. Thank you to Mr Vegas for donating this to Sheffield Wednesday.”
Marco Trucco, CMO at Mr Vegas, said the decision to step up support during the club’s darkest period was clear.
“The weight of uncertainty in moments like this falls almost entirely on the fans. As a brand, you can either step up or step back – and for us, the choice was easy. We sponsor the club, not past ownership. Sheffield Wednesday’s identity is rooted in its history and its supporters, and that’s what we choose to stand behind.
“When the club entered administration, we worked with the administrators to find practical ways to help raise funds. This included giving back several VIP boxes, hospitality tickets and other sponsorship assets so they could be raffled directly to fans.”
James Todd, Head of Commercial at Sheffield Wednesday, added: “We would like to extend a huge thank you to our Principal Partners Mr Vegas. They have offered unwavering support during an extremely difficult period for the club and we truly appreciate it.
“It’s been a pleasure working with Mr Vegas over the past couple of seasons. We are delivering strong activations and engagement both in-stadia and digitally, and their continued backing has meant a great deal to everyone connected with the club.”
Mr Vegas moved from back-of-shirt sponsor to front-of-shirt sponsor ahead of this season, renewing its partnership with the club despite the growing financial turmoil at Hillsborough. The brand has also supported a wider series of fan-led fundraising initiatives through social media promotion and ticket and hospitality raffles.
Trucco added: “Sheffield Wednesday has one of the most loyal fan bases in English football. It’s a historic club and exactly the kind of community-focused partnership that matters to us. We’ll continue to do what we can to support the club and its supporters while they work towards securing a buyer and a more stable future.”
The post Mr Vegas giveaway raises cash for Sheffield Wednesday during administration crisis appeared first on European Gaming Industry News.
Compliance Updates
The UAE Gambling License May Become the Most Valuable to Get in 2026
The current decade is proving truly transformative for the whole global gaming industry, given the rollout of new licensing regimes and major upgrades to already established frameworks. Many of the latest frameworks have emerged offshore, with jurisdictions such as Nevis and Tobique using low taxes, a remote application process, lower licensing fees, and light-touch oversight to secure additional budget inflows.
On the other side, “onshore” hubs, especially in Europe, are doubling down on ever-stricter oversight, making it more complex and expensive to run a gambling business from there. Quite unexpectedly, therefore, a jurisdiction where gambling has historically been prohibited by religion and criminal law moved to introduce a comprehensive licensing regime. This was literally a shock for many; only one in a million industry enthusiasts would have predicted that this country would be the United Arab Emirates (UAE).
Two years ago, the UAE established the General Commercial Gaming Regulatory Authority (GCGRA), the first-in-history federal regulator in the Gulf to oversee gambling across all emirates. Since then, the GCGRA is rolling out gradually, brick by brick, issuing the first few B2B vendor licenses to a select few of internationally recognized suppliers while setting B2C licensing aside and approaching it with caution.
Today, the UAE gambling regulator is authorized to grant licenses for gaming operators (a B2C gambling license issued for a casino, sports wagering, land-based gaming facilities, lottery, and lottery retailers), gaming-related vendors (B2B gambling license), and key persons (affiliates, stakeholders, and employees). Even though the GCGRA has laid down an essential foundation ahead of B2C license issuance, however, the actual B2C regulations are still developing and unavailable to the public, apart from certain provisions on responsible gaming and anti-money laundering (AML) obligations.
As of this second, just a single B2C online gaming license has been issued. Detailed rulebooks on license conditions and the scope of onsite and online gaming activities, however, are still under development and remain subject to ongoing discussion. In essence, while the sector is gradually progressing toward a formal B2C licensing regime, the key details and timing are largely unclear.
In contrast, the B2B regime is already in full swing, with over fifteen UAE gaming licenses already granted to date. The regulator made it clear to everyone that its first priority is to establish a robust B2B ecosystem of technology, payment, content, and other aggregators before opening the door for B2C companies. Considering this, early GCGRA-licensed gambling aggregators get a rare first-mover advantage: legal setup in a business hub like the UAE with privileged access to serve the first wave of B2C UAE gaming license holders (B2C) and secure an unmatched level of trust among banks, investors, and other stakeholders for meeting rigorous regulatory expectations.
With the largely untapped market potential, many industry analysts argue that the UAE gambling license could become the single most valuable license to get in the next year.
The assumption is based on the fact that the UAE always plays the long game. The country’s goal is not merely closing fiscal gaps, as is often the case with offshore jurisdictions, but to drive meaningful economic diversification, expand tourism, and compete with other global entertainment hubs – all reinforcing confidence for entering the market. What’s more, even though the framework is relatively new, the country has an impeccable track record in building high-end regimes, namely in crypto, setting a benchmark for operators and aggregators.
Yet, what truly stands out is the license scarcity: the current GCGRA framework foresees only a limited number of approvals per emirate granted to B2B operators that meet stringent regulatory, operational, and integrity thresholds. The combination of high demand and limited supply significantly amplifies the license’s commercial value, given that the future B2C operator market – projected to generate billions in annual revenue – will be exclusively served by a select pool of qualified B2B vendors.
Beyond this, the UAE’s combination of robust economy, attractive taxation, political stability, and high consumer trust sets it apart from offshore jurisdictions launching gambling licensing regimes.
Taking all factors into account, the UAE gaming license could become the new “golden standard” as one of the most respected regulatory regimes worldwide, turning into the license every operator wants to add to their portfolio. Unsurprisingly, therefore, aggregators are already preparing to move ahead with licensing, bracing for what may become one of the most scrutinized application and approval processes of all time.
With this in mind, joining the ranks of the select few UAE gambling license holders (B2B) will hinge on early, meticulous preparation of necessary documentation and specialized region-specific professional advice. Among these are qualified consultants at Inteliumlaw, a UAE local law firm with on-the-ground representatives in the country and extensive experience in supporting gambling businesses. Having spent years navigating gambling frameworks and establishing relations with regulators, Inteliumlaw is emerging as a top legal partner for operators looking to capitalize on what is set to become the most valuable licensing opportunity of 2026: the UAE gaming license.
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