PHILIPPINE AMUSEMENT

AND GAMING
CORPORATION (PAGCOR)
 VISION AND MISSION
VISION
- By 2020, PAGCOR as the prime mover will make the Philippine the top gaming and entertainment
destination in the ASEAN region. Generating revenues that fund nation – building program.

MISSION
- To create an environment that propels the development of the Philippine gaming entertainment
industry
- To be a responsible and responsive partner of the Philippine government in the nation-building
programs?
- To established and enforce a regulatory framework that preserves the integrity of the Philippine
gaming industry.
 HISTORY
• Established in 1976 by virtue of Presidential Decree 1869 the
Philippine Amusement and Gaming Corporation is a government
corporation authorized to regulate and operate casinos and other
games of chance in the Philippines. It has Jurisdiction over sports
betting, internet gaming, bingo and mobile text wagering.
 DEFINITION
• The Philippine Amusement and Gaming Corporation (PAGCOR) is a
100 percent government-owned and controlled corporation under the
Office of the President of the Republic of the Philippines.
• The Corporation was created during the Martial Law years by virtue of
a Presidential Decree (PD1067-A) issued by then President Ferdinand
Marcos in response to calls for the Philippine Government to put a
stop to the growing proliferation of illegal casino operations in various
parts of the country then. The law creating PAGCOR was later
amended and consolidated under PD 1869 otherwise known as the
PAGCOR Charter.
 PAGCOR was given a three-pronged mandate:

1.Regulate, operate, authorize and license games of chance, games of

cards and games of numbers, particularly casino gaming in the
Philippines;
2.Generate revenues for the Philippine Government’s socio-civic and
national development programs; and
3.Help promote the Philippine tourism industry.
In June 2007, Republic Act No. 9487 was passed by the Philippine
Congress, extending the corporate life of the state-run gaming firm by
25 years, renewable for another 25 years, and prescribing the following
amendments to the PAGCOR Charter:

1.PAGCOR can enter into agreements, including joint venture, with any person,
firm, association or corporation.
2.Requirement to obtain consent of the local government authority that has
territorial jurisdiction over the area chosen as site for any of PAGCOR’s
operations.
3.Exclusion of jai alai from PAGCOR operations; and
4.Delimitation of regulatory authority and power over gaming activities covered
by other existing franchises, regulatory bodies or special laws.
 THE CASINOS RUN BY PAGCOR

PAGCOR operates 9 casino • Casino Filipino Tagaytay

branches in major cities across the • VISAYAS & MINDANAO
country’s three major islands. • Casino Filipino Bacolod
Collectively called Casino Filipino, • Casino Filipino Cebu
these branches are strategically • Casino Filipino Davao
located in areas that are popular • Casino Filipino Iloilo
tourist destinations:
• METRO MANILA
• Casino Filipino Malate
• Casino Filipino Manila Bay
• LUZON
• Casino Filipino Angeles
• Casino Filipino Ilocos Norte
 WHERE DOES PAGCOR INCOME GO?
In accordance with its Charter and other governing laws, PAGCOR earnings are
distributed as follows:
• 5 percent of winnings goes to the BIR as franchise tax;
• 50 percent of the 95 percent balance goes to the National Treasury as the National Government’s
mandated income share;
• Cities hosting PAGCOR casinos are given fixed amount for their respective community development
projects;
• PAGCOR pays Corporate Income Tax in compliance with the National Internal Revenue Code;
• 5 percent of the balance after the franchise tax and the National Government’s mandated income share
goes to the Philippine Sports Commission for financing of the country’s sports development programs;
• 1 percent of the net income goes to the Board of Claims, an agency under the Department of Justice,
which compensates victims of wrongful detention and prosecution;
• Aside from these, PAGCOR has also been tapped to provide funds for the implementation of vital
laws such as the Early Childhood Care and Development (ECCD) program which basically
promotes pre-school education and the Sports Incentives and Benefits Act which provides
monetary rewards to athletes who win in international sports competitions. As of October 31,
2014, PAGCOR has released a total of P375 million to ECCD and P208.98 million to winning
national athletes and coaches who made the country proud in prestigious global athletic events.
• In compliance with RA 10066 or the National Cultural Heritage Act of 2009 which provides for
PAGCOR’s mandatory funding of P500 million (at P100 million per year for five years), the state-
owned gaming firm has allocated P183 million as of October 31, 2014.
• Presently, PAGCOR is in coordination with the Department of Energy for the implementation of
RA 9153 or the Renewable Energy Act of 2008, funding of which will be sourced from 1.5% of
PAGCOR’s annual net income.
• The remaining balance of PAGCOR’s income is remitted to the Social Fund to sustain the priority
projects of the Office of the President.
• Pursuant to RA 7656 or the Dividend Law, PAGCOR remits at least 50% of its annual net earnings
as cash, stock and/or property as dividends to the National Government.
• Apart from its mandatory contributions to various agencies and entities, PAGCOR has also been
undertaking major Corporate Social Responsibility projects under the leadership of its present
management.