PAGCOR Chairman and CEO Alejandro Tengco has described the Philippines’ integrated resorts as key drivers of the nation’s tourism and economic resurgence in comments made at a hospitality conference in Metro Manila.
Speaking at the Exceed Hospitality 2025 forum at SMX Aura in Taguig City, Tengco noted that IRs have evolved into “dynamic lifestyle and business hubs” that are reshaping the country’s tourism landscape and creating new opportunities for growth, according to a PAGCOR media release.
“Gaming, entertainment and hospitality are not separate worlds but interconnected forces that drive growth, create jobs and enrich the tourism experience,” Tengco said, adding that gross gaming revenues had grown from US$3.75 billion in 2022 to US$6.5 billion in 2024 – a 75% increase in just two years.
To sustain the industry’s growth, Tengco said PAGCOR has been modernizing its regulatory and operational frameworks while ensuring that operators adhere to principles of responsible, transparent and sustainable gaming.
Among the agency’s initiatives are the intensified campaign against illegal gambling, stricter rules on gaming-related advertising, and the ban on gambling promotions in public spaces and during primetime hours.
“At PAGCOR, responsible gaming is not just a slogan but a commitment to protect the vulnerable, uphold transparency and preserve public trust,” he stated.
He also urged industry players in gaming, tourism and hospitality to adapt to digital transformation and embrace sustainability.
“The future of hospitality is being reshaped by technology and sustainability,” he said. “We must ensure that every guest experience also contributes to local well-being.”
RelatedPosts
