The regulator has also inaugurated a PAGCOR Village in Agoncillo, Batangas.<\/p>\n\n\n\n\n\n\n\n
The Philippines.- The Philippine Amusement and Gaming Corporation (PAGCOR) has announced that it has funded the construction of a Multi-Purpose Evacuation Centre (MPEC) in Cabuyao City, Laguna and a PAGCOR Village in Agoncillo, Batangas.<\/p>\n\n\n\n
PAGCOR Village opened in Barangay Coral na Munti in Agoncillo while the town is on Alert Level 1 due to increased activity from the Taal volcano. Meanwhile, the MPEC in Cabuyao City is in Enterprise Park Barangay Banay-banay, which is often affected by flooding during extreme weather.<\/p>\n\n\n\n
The mayor of Cabuyao City, Dennis Felipe Hain, said a permanent evacuation structure was needed because of the large population, which makes accommodating families from different communities challenging.<\/p>\n\n\n\n
On December 9, PAGCOR launched a two-storey evacuation structure in Arayat, Pampanga. To date, it’s funded 18 MPECs.<\/p>\n\n\n\n
A week ago it was revealed that PAGCOR will have to contribute 10 per cent of gross gaming revenue (GGR)<\/a> to the recently created Maharlika Investment Fund (MIF). The move has rekindled the debate on whether to separate PAGCOR\u2019s dual functions<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" The regulator has also inaugurated a PAGCOR Village in Agoncillo, Batangas.<\/p>\n","protected":false},"author":176,"featured_media":26595,"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 Corporation (PAGCOR) has funded new Multi-Purpose Evacuation Centres and a PAGCOR Village, demonstrating its corporate social responsibility initiatives. Concurrently, a recent mandate requires PAGCOR to contribute 10% of its Gross Gaming Revenue (GGR) to the Maharlika Investment Fund, reigniting discussions regarding the separation of PAGCOR's dual regulatory and operational functions.","focusai_entities":"Philippine Amusement and Gaming Corporation, PAGCOR, Maharlika Investment Fund, MIF, Dennis Felipe Hain","focusai_location":"Philippines, Agoncillo, Batangas, Cabuyao City, Laguna, Arayat, Pampanga","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"PAGCOR GGR Impact?","query":"What is the projected financial impact of the 10% GGR contribution to the Maharlika Investment Fund on PAGCOR's operational budget and future capital expenditure?"},{"label":"PAGCOR Dual Function Impact?","query":"How might the potential separation of PAGCOR's regulatory and operational functions reshape the competitive landscape and B2B\/B2C licensing frameworks within the Philippine iGaming sector?"}],"footnotes":""},"categories":[23876,16333],"tags":[405],"class_list":["post-777001203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-news","category-south-east-asia-news","tag-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001203","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777001203"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001203\/revisions"}],"predecessor-version":[{"id":777001242,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777001203\/revisions\/777001242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26595"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777001203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777001203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777001203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}