{"id":10632,"date":"2026-04-16T05:28:54","date_gmt":"2026-04-16T05:28:54","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2026\/04\/16\/alejandro-tengco-warns-of-oil-pressure-on-gaming-sector\/"},"modified":"2026-04-16T05:28:54","modified_gmt":"2026-04-16T05:28:54","slug":"alejandro-tengco-warns-of-oil-pressure-on-gaming-sector","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2026\/04\/16\/alejandro-tengco-warns-of-oil-pressure-on-gaming-sector\/","title":{"rendered":"Alejandro Tengco Warns of Oil Pressure on Gaming Sector"},"content":{"rendered":"<div>\n<p>Higher energy costs are adding pressure across the gaming sector. Pagcor chief Alejandro Tengco said markets in Asia and the US are already feeling it, while the Philippines is also dealing with rising fuel costs at home.<\/p>\n<hr>\n<p><strong><em>Good to Know<\/em><\/strong><\/p>\n<ul>\n<li><strong><em>Pagcor said the oil crisis is hitting gaming markets around the world.<\/em><\/strong><\/li>\n<li><strong><em>Alejandro Tengco named Singapore, Macau, and the US among affected markets.<\/em><\/strong><\/li>\n<li><strong><em>Pagcor is still waiting on a ruling over a plan to split its regulatory and operating roles.<\/em><\/strong><\/li>\n<\/ul>\n<hr>\n<h2>Tengco Says Oil Crisis Is Hitting Global Gaming<\/h2>\n<p>Alejandro Tengco said gaming markets around the world are under pressure from the oil crisis linked to the Middle East conflict. Speaking at an industry event in Manila hosted by Inside Asian Gaming, the Pagcor chairman and chief executive said places such as Singapore, Macau, and the United States are all feeling the impact.<\/p>\n<p>The Gulf region supplies about a fifth of global oil and gas. Since February 28, when the United States and Israel launched military action against Iran, maritime trade and energy flows have been disrupted. For the Philippines, that matters a lot. The country relies heavily on fossil fuel imports from the Middle East, and government offices have already brought in energy saving steps.<\/p>\n<p>Fuel prices have jumped sharply. Diesel and gasoline prices in the Philippines have more than doubled since the conflict began. Earlier in the week, the national government said it would suspend several fuel taxes to ease pressure on consumers. 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He said: <em>\u201cAt Pagcor, we will adjust what we need to do. We have to be in tune with the times and ensure that responsible gaming remains at the centre of what we do.\u201d<\/em><\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>The event also brought back a long running issue around Pagcor structure. Tengco repeated that the Governance Commission for Government Owned and Controlled Corporations, or GCG, is still reviewing the proposal to split Pagcor regulatory and commercial functions. Under that plan, Pagcor would keep regulation but exit operations through the sale of the state owned Casino Filipino chain.<\/p>\n<p>Tengco said: <em>\u201cMany are asking for the decoupling, and we are awaiting the decision of the GCG,\u201d<\/em> he said. <em>\u201cIf we get the approval to privatise, it will be a game changer.\u201d<\/em><\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/alejandro-tengco-warns-of-oil-pressure-on-gaming-sector\/\">Alejandro Tengco Warns of Oil Pressure on Gaming Sector<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Higher energy costs are adding pressure across the gaming sector. Pagcor chief Alejandro Tengco said markets in Asia and the US are already feeling it, while the Philippines is also dealing with rising fuel costs at home. Good to Know Pagcor said the oil crisis is hitting gaming markets around the world. Alejandro Tengco named [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-10632","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=10632"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10632\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=10632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=10632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=10632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}