PAGCOR Review: What You Need to Know and What to Expect
The Philippines may not be entirely known for its casino industry. However, when it comes to casinos, there is one organization that stands out: PAGCOR or Philippine Amusement and Gaming Corporation, which is government-owned and regulated. All the high rollers come here every night to test their luck, which is why PAGCOR remains one of the most significant contributors when it comes to revenues to the Philippine government.
A Little Bit of Background
PAGCOR was born during the years of Martial Law. Then-President Ferdinand Marcos issued the creation of this particular corporation in response to demands for the government to stop the proliferation of illegal casinos all over the country, especially in Manila. The corporation was under the virtue of a Presidential Decree (PD1067-A).
The law was amended and consolidated later under Presidential Decree 1869, which is known as the PAGCOR Charter. It has three mandates:
Regulate, authorize, and operate games of chance, cars, and numbers, including casino gaming in the country
Generate revenues, which will be given to the Philippine Government’s national and socio-civic development programs
Aid in promoting the tourism industry of the Philippines
In 2007, the Congress passed the Republic Act No. 9487, which extended the life of the firm for 25 years. It is renewable for the same number of years after expiration.
Casinos under PAGCOR
PAGCOR runs nine branches of casinos in different cities across the country. Collectively, they are known as Casino Filipino, and these branches are deliberately situated in areas that are popular with tourists. In Metro Manila, PAGCOR runs casinos in Malate and Manila Bay. In Luzon, the branches are located in Tagaytay, Ilocos Norte, and Angeles. Meanwhile, in Visayas and Mindanao, the casinos are situated in Bacolod, Cebu, Iloilo, and Davao.
Aside from these branches, PAGCOR also runs more than 30 satellite casinos, including Binondo, Madison, and Manila Grand Opera Satellites. In Luzon, these satellite casinos are in Carmona, Kartini, Leisure World, and Olongapo among others. Visayas and Mindanao areas include Apo View, Crown Regency, and Mactan.
More about the Corporation Today
The firm has its own casinos that it operates, as well as numerous VIP slot clubs found in major cities all over the Philippines. PAGCOR also oversees and controls privately-owned casinos, along with almost 200 bingo parlors and e-games cafes in the country.
Currently, there are over 11,000 workers actively performing in the corporation. Under the leadership of the old chairman back in the late 2000s, the corporation was able to enter joint ventures and investment agreements, leading to the formation of Entertainment City, which is in the Manila Bay area. Another one is now in Newport City in Pasay.
Is PAGCOR or Casino Filipino Worth Your Time?
If you are in the Philippines and you want to gamble, you can have plenty of choices, especially if you have many friends. Just gather them around, and you can play your favorite game of cards with some money bets involved. However, if you want a classy, Las Vegas-like place to spend some time and cash, any near branch of the Casino Filipino may be a good choice for you.
When it comes to gambling, the country is often seen as an odd place to challenge your fortune, particularly with the unconventional laws involved. Every Filipino has the right to play at an approved PAGCOR casino, both in an establishment and online. However, there are limits on the types of gambling.
Casino Filipino offers many table games, including slots, roulette, blackjack, and baccarat. Poker is also a favorite, as well as super 6 and pontoon. In some branches, some slot machines have been updated, while in others, players complained about the outdated tables. There are entertainments where bands and singers perform every night.
If you want an adventure that does not require you to do some strenuous activities, while still socializing and playing against odds, PAGCOR provides the kind of entertainment you are searching for.