PAGCOR Chief Honored At 2025 Asia Gaming Awards

Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro H. Tengco received the inaugural Regulatory Landmark Award on Tuesday, March 18, during the 2025 Asia Gaming Awards at the Grand Ballroom of Shangri-La The Fort in Taguig.

PAGCOR Chairman and CEO Alejandro H. Tengco receives from Luis Pereira, 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. I Photo: PAGCOR

The Regulatory Landmark Award, a newly introduced category in the prestigious Asia Gaming Awards, was presented to Mr. Tengco in recognition of his significant contributions to the growth and development of the Philippine gaming industry.

In his acceptance speech, Mr. Tengco acknowledged the efforts of the PAGCOR team and industry stakeholders, emphasizing that the award was a testament to their dedication, resilience, and commitment to regulatory excellence.

“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 recorded a historic gross gaming revenue (GGR) of ₱410 billion in 2024—a 25% increase from the previous year.

Similarly, PAGCOR posted unprecedented revenues of ₱112 billion in 2024, reflecting a 41% year-on-year growth. Now in its fifth year, the Asia Gaming Awards continues to recognize the achievements of key players and leaders in the gaming industry across the region.