Pagcor Bingo

PAGCOR also oversees and regulates privately owned Philipino casinos as well as more than 180 bingo parlours. The authority of the licence also extends to e-games cafes throughout the country and holds the main list of PAGCOR licensees in the Philippines. In addition, PAGCOR licenses Philippine Offshore Gaming Operators (POGOs). Sep 27, 2016 Earlier, Pagcor ordered bingo operators within 200 meters away from schools and churches to close shop. However, in a Sept. 24 notice to eBingo operator AB Leisure Exponent Inc. The Philippine Amusement and Gaming Corporation’s regulatory function is undertaken primarily by the Gaming Licensing and Development Department (GLDD). This includes issuance of licenses or authority to operate casinos, traditional and electronic bingo parlors, electronic gaming outlets, sports betting kiosks and poker rooms to private entities. Sep 26, 2016 LEISURE and Resorts World Corp. (LRWC) on Monday said state-owned Philippine Amusement and Gaming Corp. (Pagcor) has allowed its wholly owned unit AB Leisure Exponent Inc. To resume the operation of its electronic bingo sites. In her letter dated March 21, 2007, Margarita Bangi, Pagcor Bingo Department managing head, said they will wait for the decision of the court on the case involving the closure of the bingo outlet of PVI at SM City mall in Bacolod City, before acting on the request of the city government.

Philippine Amusement and Gaming Corporation (PAGCOR, Filipino: Korporasyon sa Libangan at Palaro ng Pilipinas^[2]) is a government-owned and controlled corporation established through the Presidential Decree 1869.^[3] PAGCOR is the Philippines' largest contributor of revenue to the government after the Bureau of Internal Revenue and the Bureau of Customs.

PAGCOR is under the Office of the President of the Philippines.^[4]

History[edit]

After its establishment, PAGCOlippine Casino Operators Corporation (PCOC) for the operation of the floating casino in the Manila Bay in 1977. However, after the floating casino was gutted by fire in 1979, PAGCOR shifted its focus to land-based casinos and entered into another contract with PCOC for the management of a casino at the Provident International and Resources Corporation (PIRC) building on Imelda Avenue, Parañaque City, Metro Manila, Philippines. Then, under Presidential Decree 1869, decreed in 1983, it was mandated to act as the sole government corporation conducting and establishing gaming pools and casinos in the country.^[3] In 1986, it was re-established and reorganized by Philippine President Corazon C. Aquino as a New PAGCOR to help raise funds for the government; Norberto Quisumbing was appointed as its first Chairman, followed by the former Development Bank of the Philippines chair Alicia LL. Reyes as its Chair and CEO. Reyes was succeeded by Ephraim Genuino under the appointment by Philippine President Gloria Macapagal-Arroyo in 2001.

The firm operates its own casinos and several VIP slot clubs in major cities across the country. It also oversees and regulates privately owned casinos, more than 180 bingo parlors, as well as e-games cafes across the country. The company employs more than 11,000 workers. In June 2007, PAGCOR gained from a piece of legislation, Republic Act 9487, which granted the state-run gaming firm, then under the leadership of Chairman Genuino, another 25 years to regulate and operate games of chance, to issue licenses, and to enter into joint venture, management, or investment agreements with private entities for the Entertainment City in the Manila Bay area, Parañaque, and in Newport City, Pasay, in particular.^[5] Chairman Genuino successfully attracted investors to the project to put up Las Vegas-style integrated resorts. Two integrated resorts opened on November 1, 2014.

On July 13, 2018, PAGCOR announced the appointment of Attorney Angeline Papica-Entienza as the head of the agency’s Gaming Licensing and Development Department and as the assistant vice president of the corporation.^[6]

List of chairpersons[edit]

• Norberto B. Quisumbing (1986)
• Alicia L. Reyes (1987 – 2001)
• Efraim C. Genuino (2001 – 2010)
• Cristino L. Naguiat Jr. (2010 – June 2016)
• Andrea D. Domingo (July 2016 – present)^[7]

References[edit]

1. ^'THE NEW MANAGEMENT'. www.pagcor.ph. Archived from the original on 3 July 2011.
2. ^Narvaez, Eilene Antoinette; Macaranas, Edgardo, eds. (2013). Mga Pangalan ng Tanggapan ng Pamahalaan sa Filipino(PDF) (in Filipino) (2013 ed.). Komisyon sa Wikang Filipino. p. 42. ISBN978-971-0197-22-4. Retrieved December 19, 2019.
3. ^ ^ab'FOURTEENTH CONGRESS OF THE REPUBLIC OF THE PHILIPPINES 1 First Regular Session'(PDF). senate.gov.ph. 2007. Retrieved 25 May 2017.
4. ^'GOCC Profile - Integrated Corporate Reporting System'. Integrated Corporate Reporting System. Retrieved 18 March 2020.
5. ^'Republic Act 9487'. The LawPhil Project. 20 June 2007. Retrieved 18 March 2020.
6. ^'PAGCOR Changes Gaming Licensing Unit Lineup - Top Casino Picks'. Top Casino Picks. Archived from the original on 10 August 2018. Retrieved 10 August 2018.
7. ^'Andrea Dizon Domingo Resume'(PDF). Philippine Amusement and Gaming Corporation. Retrieved 13 August 2019.

Pagcor Bingo Philippines

Farm Town

Some news on First Cagayan from Bloomberg. Look at the story — it says just one licensed casino in the Cagayan freeport is drawing $13 million of bets a day. Phew!

It’s 11 p.m. and inside an office building on the northeastern tip of the Philippines a dozen people place wagers on blackjack and baccarat. No matter how much they bet, none of the gamblers will win — or lose — a thing.

They are all proxy bettors, making wagers on behalf of patrons who track the action and issue instructions from outside the country by way of a live Internet link.

“There is no place like this in Asia yet,” said Kan Goh, general manager of Eastern Hawaii Leisure Co., which operates the casino in Santa Ana, a town of 20,000 fishermen and farmers.

Pagcor Offshore Gaming Regulatory Manual

Cagayan Freeport, a 12-year-old special investment zone that includes Santa Ana, is using the gaming provisions in its charter to chase a slice of the estimated $12 billion wagered over the Internet each year. The zone is the first Asian jurisdiction to legalize online casinos, giving it a head start in the race to lure the region’s bettors.

Pagcor Official Website

The zone targets Chinese gamblers who helped Macau overtake Las Vegas as the biggest casino market last year, said Jose Mari Ponce, chairman of Cagayan Freeport, who rented his office to Eastern Hawaii as a temporary home. Harrah’s Entertainment Inc. and MGM Mirage, the largest casino operators, so far have failed to persuade the U.S. Congress to let them take Internet wagers.

Pagcor Online Bingo

July 19, 2007 at 9:54 am8 comments