![]() Help promote the Philippine tourism industry.Generate revenues for the Philippine Government’s socio-civic and national development programs.Regulate, operate, authorize and license games of chance, games of cards and games of numbers, particularly casino gaming in the Philippines.Under its Charter, PAGCOR has a three pronged mandate: ![]() RELATED: Corporate Establishment Services from Dezan Shira & Associates The funds generated by PAGCOR augment the government’s budget for infrastructure and socio-civic projects. PAGCOR is 100% owned by the Philippine government, and is a controlled corporation under the Office of the President of the Republic of the Philippines. The Philippine Amusement and Gaming Corporation (PAGCOR) is the Philippine Government body, founded in 1976, that has the responsibility for governing the casino industry. In this article, I will also identify possible investment opportunities in this rather complicated and sensitive industry. Together with the online gaming sector, which will be the focus of the second part of this article, the casino industry is of enormous importance to the Philippine economy, and is intricately linked to the country’s tourism industry. In the first part of this two-part article on the Philippine Gaming Industry, I will focus on the country’s casino industry.
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