PAGCOR welcomes lawyer Wilma Eisma as first female President and COO

Jenny Ortiz 2 months ago
PAGCOR welcomes lawyer Wilma Eisma as first female President and COO

The Philippine Amusement and Gaming Corporation (PAGCOR) announced the appointment of lawyer Wilma Eisma as its new President and Chief Operating Officer (COO). Eisma was sworn into office before Executive Secretary Lucas Bersamin at Malacañang Palace, in Manila, marking a significant milestone for PAGCOR as she becomes the agency’s first female President and COO.  

Confidence in new leadership  

In a press release, Chairman Alejandro Tengco expressed his confidence in Ms. Eisma’s appointment, citing her extensive experience in both the public and private sectors. He highlighted her past achievements, including her tenure as the first female Administrator and Chairman of the Subic Bay Metropolitan Authority (SBMA), as well as her contributions to PMFTC Inc., among other leadership roles.  

 “We know she will be a great asset, and her vast experience in both the government and private sectors will surely be put to good use here,” Tengco said.  

Eisma assumes leadership role with PAGCOR  

Following her oath-taking ceremony, Eisma immediately joined her first PAGCOR Board meeting. She succeeded Atty. Juanito Sanosa Jr. as PAGCOR President and COO, who resigned from the position in January.   

PAGCOR surpasses dividend expectations  

Last March, PAGCOR shared the agency remitted an elevated dividend contribution to the Philippine Treasury. The firm attributed this to its robust financial performance throughout 2023, highlighted by a staggering PHP79.37 billion (€1.3 billion) in gross revenues and net earnings of PHP6.13 billion (€100.5 million).    

GGR expected to grow in 2024  

Moreover, the agency said it is projecting sustained growth and international prominence for the Philippines’ gaming landscape. The Southeast Asian country recorded a gross gaming revenue (GGR) of Php285.27 billion (€4.70 billion) in 2023, surpassing pre-pandemic records. PAGCOR is anticipating GGR to go up with a new integrated resort (IR) opening every year starting with Solaire North in Quezon City. 

Upcoming SiGMA event: BIS SiGMA Americas 2024, find all the details here. 

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