James Patrick Bondoc appointed to PAGCOR board
PAGCOR has announced that James Patrick Bondoc will join its board of directors to replace the late Director Reynaldo E. Concordia.
The Philippines.- The Philippine Amusement and Gaming Corp (PAGCOR) has announced that James Patrick Bondoc, former vice president for corporate social responsibility, has been appointed as a member of the board of directors.
He will serve the unexpired term of office of the late Director Reynaldo E. Concordia that began on July 1, 2021, and will end on June 30, 2022. He was sworn into office in Barangay Pinagkaisahan in Quezon City on September 15, 2021.
Bondoc said he will try to provide more support for the current programmes and initiatives of PAGCOR’s management.
He said: “Being in this new position will allow me to make policy adjustments that will further enhance PAGCOR’s Corporate Social Responsibility (CSR) programs and hopefully, the agency’s revenue generation capacity amidst the ongoing pandemic.”
Bondoc also served as officer-in-charge and assistant vice president of the agency’s Entertainment Department from 2016 to 2017.
PAGCOR gives PHP8m to NGO for people with disabilities
PAGCOR has remitted PHP8m to the Physicians for Peace Philippines Incorporated (PFPPI), a non-government organisation catering to people with disabilities.
The cash is part of PAGCOR Cares, which also supports training and workshops, conferences, scholarships and the components in making prosthetics conducted by the Technical Education and Skills Development Authority (TESDA).
PFPPI Chairman Dr. Teodoro Herbosa said PAGCOR’s donation will help the non-government organisation finance the training of scholars on a prosthetics-making course.
He said: “We partnered with the University of the East, and we put up the Philippine School of Prosthetics and Orthotics. These are people who take a three-year course and learn how to make fine prostheses for amputees. We have had many scholars, and this is the project now with PAGCOR that we have named PAGCOR Cares.”
In May, the regulator remitted Php1.35bn (US$28.3m) to the National Treasury bringing the total remitted this year to Php3bn.
PAGOR‘s revenue for 2020 was US$624m, down 60.4 per cent year-on-year and the lowest for at least seven years. The Covid-19 pandemic deeply affected casino revenues due to several lockdowns.
