STATE-OWNED Philippine Amusement and Gaming Corp. (Pagcor) plans to further reduce the gross gaming revenue (GGR) remittance rate for online and on-site betting platforms next year to entice more investors.
In a keynote address at the Inside Asian Gaming Summit on Tuesday, Pagcor Chairman and CEO Alejandro Tengco said the agency was keen on further reducing the licensing fees of gaming operators starting January 1 next year.
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