INTRODUCTION
Welcome to the comprehensive tutorial on the Philippine Amusement and Gaming Corporation (PAGCOR)! PAGCOR is a government-owned and controlled corporation that regulates and operates all games of chance in the Philippines. In this tutorial, we will cover everything you need to know about PAGCOR, from its history to its current operations.
History
PAGCOR was established in 1976 under Presidential Decree No. 1067-A to regulate and operate all games of chance in the Philippines. Initially, PAGCOR was tasked with regulating the operation of casinos and other gaming establishments in the country. However, in 2007, the Philippine Congress passed Republic Act No. 9487, which expanded PAGCOR’s mandate to include regulating and supervising online gaming operations.
Operations
PAGCOR is responsible for regulating and operating all games of chance in the Philippines, including casinos, electronic games, sports betting, and online gaming. PAGCOR operates several casinos and gaming establishments throughout the country, including the Casino Filipino brand, which features over 30 locations across the country.
PAGCOR is also responsible for regulating and supervising online gaming operations in the Philippines. The agency issues licenses to online gaming operators and monitors their compliance with the relevant laws and regulations. PAGCOR also collects taxes and other fees from online gaming operators to support the government’s programs and services.
Social Responsibility
PAGCOR is committed to promoting responsible gaming and ensuring the safety and well-being of its customers. The agency has implemented several programs and initiatives aimed at preventing problem gambling and promoting responsible gaming practices.
PAGCOR operates a Responsible Gaming Program, which includes a self-exclusion program that allows customers to voluntarily exclude themselves from participating in any gaming activities. PAGCOR also conducts regular training programs for its employees and gaming operators to promote responsible gaming practices and identify and assist customers who may be experiencing gambling-related problems.
Corporate Social Responsibility
PAGCOR is also committed to giving back to the community through its corporate social responsibility programs. The agency provides funding for various government programs and services, including education, healthcare, and infrastructure development. PAGCOR also supports charitable organizations and foundations that work to improve the lives of Filipinos, particularly those in need.
Conclusion
PAGCOR is a government-owned and controlled corporation that regulates and operates all games of chance in the Philippines. The agency is committed to promoting responsible gaming practices and giving back to the community through its corporate social responsibility programs. With its extensive operations and commitment to promoting responsible gaming and social responsibility, PAGCOR plays an important role in the development of the gaming industry in the Philippines.