Vision: By 2020, PAGCOR as the prime mover will make the Philippines the top gaming and entertainment destination in the ASEAN region, generating revenues that fund nation-building programs.
PAGCOR is a 100% government-owned and controlled corporation under the Office of the President. It is mandated to generate revenues for the government’s socio-civic programs, to operate and regulate games of chance in the country, and to help boost the tourism industry.
PAGCOR has consistently ranked as one of the Philippine government’s top revenue earners and a dependable partner in nation-building. Billions of the agency’s earnings go to high impact projects that benefit thousands of Filipinos.
In 2016, the agency generated P55.06 billion (approximately US$ 1.09 billion) in total revenues, surpassing the agency’s 2015 revenues by 16.62%. Of PAGCOR’s total earnings, P36.47 billion (approximately US$ 723 million) went to state coffers as part of PAGCOR’s contributions to nation-building.
PAGCOR also implements corporate social responsibility programs that aid the government in its nation-building efforts. These programs are geared towards education, sports development, youth empowerment and relief and rescue missions during calamities.
Casino gaming in the Philippines, which started way back in 1938 has a complicated yet colorful history.
Prior to the creation of PAGCOR in 1976 by virtue of Presidential Decree (PD) 1869, clandestine casinos operated along Dewey Boulevard (now Roxas Boulevard) and in some cities like Cebu, Davao and Bacolod for the longest time.
Casino operations were shut down and re-opened a few times during the Marcos administration until President Corazon Aquino appointed an entirely new PAGCOR Board in 1987, headed by former Development Bank of the Philippines Governor Alicia L. Reyes.
Armed with a fresh mandate from the President, the new PAGCOR management started to institutionalize no-nonsense reforms whose main objectives were to help address poverty and social deprivation by efficiently managing the country’s casino operations.
Fast forward to the present, PAGCOR is now one of the government’s staunch partners in nation-building.
In its more than 30 years of existence, PAGCOR has been contributing significantly to government coffers and has implemented various socio-civic programs which aim to alleviate the plight of less privileged Filipinos.
Apart from its contribution to the government, PAGCOR is ISO 9001:2008 certified for Quality Management, which makes the agency at par with international standards in terms of quality management systems and practices.
Under its Charter (Presidential Decree 1869), PAGCOR does not only regulate, operate, authorize and license games of chance, games of cards and games of numbers. It also generates revenues for the Philippine government’s socio-civic and national development programs as well as helping in the promotion of the local tourism industry.
PAGCOR operates eight Casino Filipino (CF) branches in major cities nationwide including Angeles in Pampanga, Bacolod, Cebu, Davao, Olongapo, Tagaytay, and Manila. It also has 36 gaming satellites and 12 licensed casinos nationwide. Cities hosting these casinos are given fixed amount for their respective community development projects.
PAGCOR’s satellites in Luzon include Fort Ilocandia Satellite and 365 Plaza Satellite in Ilocos Norte; Biñan Satellite, San Pedro Satellite and Paseo Sta. Rosa Satellite in Laguna; Binondo Satellite, Manila Grand Opera Satellite, Pan Pacific Satellite, Ronquillo Satellite, Tropicana Sta. Mesa Satellite, Universal Satellite, Winford Satellite and Citystate in Manila; Carmona Satellite, Kartini Satellite and Cavite Coliseum in Cavite; Mimosa Satellite and Leisure World Satellite in Pampanga; Madison Satellite in Mandaluyong; Malabon Satellite in Malabon; Networld Satellite, Sofitel Satellite and Midas Satellite in Pasay City; Oriental Pavilion Satellite in Bulacan; Subic Satellite and Venezia Satellite in Olongapo; and Tropicana Las Piñas Satellite in Las Piñas.
In Visayas, PAGCOR’s satellites include Talisay Satellite in Talisay City, Mactan Satellite in Lapu-Lapu City, Iloilo Satellite in Iloilo City, Parkmall Satellite in Mandaue City and Crown Regency Satellite and Fuente Osmeña Satellite in Cebu City.
In Mindanao, PAGCOR has Iligan Satellite in Iligan City, Apo View Satellite in Davao City and Tagum Satellite in Tagum City.
PAGCOR likewise regulates gaming outside its own casinos and satellites including poker clubs, commercial bingo operations, electronic gaming sites and licensed casinos.
Among the licensed casinos in the country are the Fontana Casino, Thunderbird Resorts & Casinos Rizal, Thunderbird Resorts & Casinos Poro Point, Casablanca Casino, Resorts World Manila, Westside City Resorts World, Widus Hotel and Casino, Royce Hotel and Casino, Solaire Resort and Casino, City of Dreams Manila, Midori Clark Hotel and Midori Clark Casino and Okada Manila.
PAGCOR has three head offices in Manila that house various corporate departments:
1. Corporate New World Manila Bay
6/F New World Manila Bay Hotel
1588 MH Del Pilar cor. Pedro Gil Streets
2. CORPORATE OFFICE
1330 PAGCOR House
3. CORPORATE OFFICE ANNEX
1105 U.N. Avenue cor Maria Orosa Streets
Organization Goals & Objectives
Guided by the PAGCOR’s vision and mission and acting in accordance with its core values, the agency will continue to focus on the following strategic objectives hinged on two themes – economic relevance and governance.
The key programs to be undertaken are identified under these objectives:
PAGCOR is now being headed by Chairman and Chief Executive Officer Andrea D. Domingo, a former Immigration Commissioner, Philippine Reclamation Authority General Manager and Pampanga Representative. Domingo is a Journalism graduate (Minor in Communication Research) from the University of the Philippines – Diliman.
Aside from Domingo, PAGCOR’s top executives which composed the members of the Board include President and Chief Operating Officer Alfredo C. Lim and Directors Carmen N. Pedrosa, Reynaldo E. Concordia and Gabriel S. Claudio.
PAGCOR has 11,000 employees nationwide. The agency is headed by the Chairman and Chief Executive. Under her is one President and Chief Operating Officer, who handles the gaming operations, and three board of directors.
The agency’s executive committee is also composed of the following:
The rest of PAGCOR’s workforce are composed of senior managers, officers, supervisors and rank and file employees.
PAGCOR considers its personnel its greatest asset. Their crucial role in the organization is not only limited to revenue generation through gaming operations but also in carrying out the agency’s socio-civic programs and various commitments to nation-building.
10 Fintech 101
When being part of a generation on which the flag of entrepreneurship seems to be constantly waving in the sea of young professionals looking to succeed in the business world, more often than not, we tend to drown in the... Read More