Philippine Amusement and Gaming Corporation (PAGCOR)

The Philippine Amusement and Gaming Corporation (PAGCOR) has rolled out a suite of programs aimed at providing immediate and long-term support to various sectors of Philippine society. These include disaster relief operations, where the corporation allocated millions to distribute essential relief packs to calamity-stricken areas; the construction of Multi-purpose Evacuation Centers (MPECs) to offer safe shelters amidst natural disasters; financial and material support to combat the impacts of the COVID-19 pandemic; and substantial contributions to support Filipino athletes and the rehabilitation of sports venues.

Target beneficiaries range from disaster-affected communities, front-line workers, to national athletes, highlighting its commitment to nation-building and community support. Interested individuals or groups can avail of these programs by identifying the appropriate initiative, preparing necessary documents, and reaching out through PAGCOR’s official channels, setting the stage for substantial socio-economic impacts across the nation. 

Credits: PNA, Wikimedia Commons

Understanding PAGCOR

The Philippine Amusement and Gaming Corporation, a key figure in the Philippines’ socio-economic landscape, is a government-owned and controlled entity responsible for regulating and overseeing casino and gaming operations. It stands as a major contributor to the nation’s coffers, right next to the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BoC).

Established during the Martial Law years by Presidential Decree (PD 1067-A), the corporation was initially aimed at curbing illegal casino operations. Its scope expanded over the years to include raising funds for socio-civic, national development programs, and boosting Philippine tourism through the operation and licensing of casinos and gaming pools.

PAGCOR’s Role and Achievements

PAGCOR is not just about regulating gaming; it’s about channeling revenues into meaningful projects that impact the lives of Filipinos. Here’s how it has made a difference:

  • Economic Contributions: As the third-largest source of government revenue, PAGCOR plays a significant role in the country’s economic stability.
  • Support for Community Projects: A portion of its earnings supports various community development projects, especially in cities hosting casinos.
  • Backing National Development: From disaster relief to educational support, PAGCOR’s programs touch various aspects of Filipino lives.

Why PAGCOR Matters: Benefits and Contributions

Nation-Building Support: Through its earnings, the corporation contributes significantly to national projects and efforts, such as:

  • The Philippine Sports Commission (PSC) for sports development
  • The Board of Claims for compensating victims of wrongful detention
  • Funding laws like the Comprehensive Dangerous Drugs Act of 2022 and the Renewable Energy Act of 2008

Educational and Social Welfare Programs: PAGCOR has funded numerous CSR projects like the construction of multi-purpose evacuation centers, medical assistance programs, and educational support efforts.

Who Can Benefit and How

PAGCOR’s assistance programs are designed to cater to various sectors, including disaster-stricken communities, athletes, students, and healthcare facilities. Eligibility for these programs depends on the specific criteria set by the corporation for each activity.

List of Programs

Disaster Relief Operations

PAGCOR’s disaster relief efforts reflect an immediate and compassionate response to calamities and natural disasters. In 2020, a year marked by challenges, the corporation allocated P17.41 million for relief operations, benefiting affected areas across the nation. The relief packs distributed included both food items, such as rice and canned goods, and non-food items like blankets, mosquito nets, slippers, and hygiene kits, ensuring that the basic needs of the victims were met.

When Typhoon Rolly, one of the most powerful typhoons in 2020, wreaked havoc in provinces like Albay and Camarines Sur, it was quick to deliver essential relief goods. The swift action continued with Typhoon Ulysses, where thousands of families in Cagayan Valley received much-needed support from the corporation.

Multi-purpose Evacuation Centers (MPECs)

Understanding the long-term effects of climate change and the necessity for durable shelters during disasters, PAGCOR has earmarked P2 billion for the construction of multi-purpose evacuation centers (MPECs) in typhoon-prone areas. This aims to provide safe havens for communities during calamities, significantly reducing the risks associated with inadequate shelter. The initial approval of 32 MPECs in 31 sites across the country underscores its dedication to building resilient communities prepared to face natural disasters.

COVID-19 Assistance

The COVID-19 pandemic brought unprecedented challenges, significantly impacting lives and livelihoods. PAGCOR’s response was swift and substantial, with the donation of relief packs totaling P65.33 million to mitigate the pandemic’s effects. These packs were distributed to frontliners and various local government units in Luzon, aiming to alleviate the economic strain caused by the health crisis. Through this assistance, the corporation not only supported the immediate needs of the affected populations but also demonstrated solidarity with those at the forefront of battling the pandemic.

Support for Filipino Athletes

Beyond disaster relief and pandemic response, PAGCOR has also shown staunch support for the development of Philippine sports. In the spotlight of the 30th Southeast Asian Games (SEA Games) hosted by the Philippines in December 2019, PAGCOR contributed significantly by donating P842.50 million. This funding not only facilitated the rehabilitation of key SEAGames venues but also provided financial grants to the organizing committee, ensuring the event’s success. Furthermore, the corporation’s generosity extended to national athletes and coaches, rewarding their hard work and achievements with benefits and incentives, thereby nurturing the spirit of excellence in Philippine sports.

How to Avail of PAGCOR’s Programs

Interested parties can follow these steps to seek assistance or get involved with the corporation’s programs:

  1. Identify the program that fits your needs or advocacy.
  2. Prepare the necessary documentation, as requirements vary per program.
  3. Submit your application or request through its official channels.
  4. Await evaluation and follow up as needed.

Recent Updates

PAGCOR Turns Over P4.59b to Treasury

State-run Philippine Amusement and Gaming Corp. has remitted P4.59 billion in cash dividends to the National Treasury, representing 75 percent of its net income in 2023. The higher remittance was made in response to the request of Finance Secretary Ralph Recto to advance an additional 25-percent dividend to fund government expenditures, supporting the country’s economic growth and development. (Manila Standard)

PAGCOR to Reduce Remittance Rates for Betting Platforms, Encouraging Investment in Gambling Sector

In an effort to attract more investments in the gambling sector, the Philippine Amusement and Gaming Corp. will be reducing the remittance rates for online and on-site betting platforms by five percent, settling at 35 percent. PAGCOR Chairman and CEO Alejandro Tengco stated that this move aims to align the rates with global industry standards and encourage illegal operators to secure licenses. With the expected entry of more integrated casinos and the growth of the electronic games sector, PAGCOR targets a record gross gaming revenue of P336.38 billion for 2024, an 18 percent increase from the previous year. (Philstar Global)

Philippines Casino Revenue Expected to Double by 2028 as Tourists Flock In

The chairman of the Philippine Amusement and Gaming Corp predicts that the country’s gambling industry will double its gross gaming revenue by 2028, driven by an influx of wealthy Chinese gamblers and increasing tourist numbers. With several new casino facilities in the pipeline, the industry is projected to see annual growth of at least 10% and reach a record high of 450 billion to 500 billion pesos ($7.9 to $8.8 billion) in five years’ time. However, potential challenges such as armed conflicts, illegal gambling, and economic downturns could impact long-term projections. (Reuters)

Video: Mandato ng PAGCOR, tinalakay sa Kamara

The new leadership of PAGCOR is proposing to privatize its casino operations, citing conflicting roles as both operator and regulator. This move aims to streamline the organization’s functions and improve efficiency.

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