PAGCOR assists victims of Typhoon Odette
PAGCOR has provided assistance to people who suffered the onslaught of Typhoon Odette in December.
The Philippines.- The Philippine Amusement and Gaming Corp (PAGCOR) has sent a total of 9,000 relief packs and non-food items to the second district of Surigao del Norte, first district of Cebu City, Puerto Princesa, Palawan and Maribojoc, Bohol, for people affected by Typhoon Odette.
PAGCOR Chairman and CEO Andrea Domingo said: “Days after the onslaught of typhoon Odette, they reached out to us for their disaster relief efforts through their respective charitable arms which we immediately approved.
“Under PAGCOR’s mandate, our licensees must establish Foundations which will undertake establishment of health and educational infrastructure, culture development, relief aid and other similar undertakings.”
She said that despite the Covid-19 pandemic and multiple lockdowns which affected PAGCOR’s revenue, the regulator had decided to “continue supporting the government in helping Filipinos in need.”
Casino operators also provided assistance to typhoon victims. The Bloomberry Cultural Foundation Inc (Solaire Resort and Casino Manila) allocated PHP50m to purchase and deliver relief supplies in hard-hit communities in Visayas and Mindanao.
City of Dreams Manila allocated PHP 13.5m to provide food packs and other relief facilities, while Resorts World Manila donated PHP1m to the Red Cross and Okada Manila’s Okada Foundation has pledged PHP 15m to buy relief supplies.
Meanwhile, PAGCOR has earned an “excellent” rating in its 2020 Corporate Governance Scorecard (CGS) assessment from the Governance Commission for Government-Owned or Controlled Corporations (GCG).
In its Scorecard Validation report, GCG stated, “PAGCOR has clear and strong lines of communication that allow the agency to respond quickly and efficiently to customer requirements and public needs to ensure consistent quality service.”
Andrea Domingo said: “We have been over two years into this pandemic, and similar to many industries, the gaming sector has not been spared. In spite of our revenue losses, among other limitations, we remained committed to our regulatory and nation-building mandate.
