This is in addition to the PHP2 billion (\u20ac34.7 million) fund that was set up by the regulator last week.<\/strong><\/em><\/a><\/p>\n\n\n\nPAGCOR Chairman and CEO Andrea D. Domingo said this additional funding will be used for the acquisition of personal protective equipment of healthcare frontliners, additional operating expenses of the Bureau of Quarantine, and support the Research Institute for Tropical Medicine, in charge of the tests.<\/p>\n\n\n\n
\u201cThe number of COVID-19 infected Filipinos is on the rise. But while these numbers are still small compared to other countries, the government is already doing its best to stop the spread of the virus. PAGCOR, being one of the government\u2019s strong partners in nation-building will help ensure that through our funding support, the healthcare sector as well as other frontline government agencies will have access to basic medical necessities that are needed to combat the disease,\u201d Domingo said.<\/p>\n\n\n\n
PAGCOR suspended all gaming operations in the Metro Manila region, which has been put on lockdown by the Philippine President, Rodrigo Duterte. <\/p>\n\n\n\n
Entry restrictions were placed on all countries with Covid-19 infections, apart from to Filipino nationals returning home.<\/p>\n\n\n\n
Any community in the Philippines reporting more than two cases will be told to force quarantine, while the alert code has been raised to the highest possible level after 140 cases confirmed in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"
Regulator donates additional PHP500 million (\u20ac8.6million) to help the government. <\/p>\n","protected":false},"author":2,"featured_media":2308,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Philippine Amusement and Gaming Corp. (PAGCOR) has committed an additional PHP500 million (\u20ac8.6 million) to the Philippine government's COVID-19 response, bringing its total contribution to PHP2.5 billion. This funding supports healthcare frontliners and critical medical infrastructure. Concurrently, PAGCOR has suspended all gaming operations in Metro Manila following a government-mandated lockdown.","focusai_entities":"Philippine Amusement and Gaming Corp. (PAGCOR), Philippine government, Bureau of Quarantine, Research Institute for Tropical Medicine, Andrea D. Domingo, Rodrigo Duterte","focusai_location":"Philippines, Metro Manila","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.8), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on PAGCOR's GGR?","query":"What is the projected impact of the Metro Manila gaming suspension on PAGCOR's gross gaming revenue (GGR) and net gaming revenue (NGR) for the current fiscal period?"},{"label":"Duration of suspension?","query":"What is the anticipated duration of the gaming operations suspension in Metro Manila, and what are the criteria for its potential lifting or extension?"}],"footnotes":""},"categories":[160,163,16333],"tags":[7299,128],"class_list":["post-4541","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-finance-news","category-south-east-asia-news","tag-coronavirus","tag-philippines"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=4541"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4541\/revisions"}],"predecessor-version":[{"id":777010483,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4541\/revisions\/777010483"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/2308"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=4541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=4541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=4541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}