{"id":5716,"date":"2023-09-18T10:28:13","date_gmt":"2023-09-18T10:28:13","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2023\/09\/18\/pagcors-all-set-to-transform-into-a-pure-gaming-regulatory\/"},"modified":"2023-09-18T10:28:13","modified_gmt":"2023-09-18T10:28:13","slug":"pagcors-all-set-to-transform-into-a-pure-gaming-regulatory","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2023\/09\/18\/pagcors-all-set-to-transform-into-a-pure-gaming-regulatory\/","title":{"rendered":"PAGCOR\u2019s All Set To Transform Into A Pure Gaming Regulatory"},"content":{"rendered":"<div>\n<p>The Philippine Amusement and Gaming Corporation (PAGCOR), which previously served as both an operator and a regulator, is currently undergoing a dramatic restructuring to become a strictly regulatory entity. On September 13, 2023, PAGCOR Chairman and CEO Alejandro H. Tengco made this strategy change public during the IAG Academy Summit.<\/p>\n<h2><strong>A Bold Move Towards Regulation<\/strong><\/h2>\n<p>At the summit\u2019s \u201cVoice of the Umpire: Regulators\u2019 Talk\u201d discussion, Mr. Tengco, a keynote speaker and panelist, discussed PAGCOR\u2019s dedication to leveling the playing field and assuring the long-term expansion and sustainability of all players in the gaming sector. A crucial step in this direction is the shift to a solely regulatory function.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/katsubet.partners\/p49d913a1\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/katsubet.partners\/p49d913a1\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow noopener\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/katsubet.partners\/p49d913a1\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>\u201cWe have begun seriously preparing for this transition, and we are beginning within <a href=\"https:\/\/igaming.org\/casino-news\/pagcor-warns-against-unauthorized-use-of-logo-by-online-gaming-sites\/\">PAGCOR<\/a> itself,\u201d said Mr. Tengco. He continued by saying that PAGCOR hopes to finish this shift by 2025.<\/p>\n<h2><strong>Leveraging Strengths and Recognizing Limitations<\/strong><\/h2>\n<p>As a company with four decades of expertise, PAGCOR is aware of its advantages as well as its weaknesses. <em>\u201cWe certainly know our potentials and capability to become the gold standard in the Asian gaming scene,\u201d<\/em> Mr. Tengco said. Although PAGCOR views its workers as its most significant resource, it is aware that certain employees may be impacted by the shift to a strictly regulatory function, particularly those who work at PAGCOR-operated casinos that may eventually be privatized.<\/p>\n<p>To address these concerns, PAGCOR has engaged in proactive measures, including conducting town hall meetings with employees across the country. Mr. Tengco stated, <em>\u201cWe tell them there is no reason to worry because we have plans in place to mitigate, if not totally avoid, any personnel displacement.\u201d<\/em> The response from employees has been positive, demonstrating trust in PAGCOR\u2019s process.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow noopener\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2><strong>Modernization and Enhanced Competitiveness<\/strong><\/h2>\n<p>The proposals for PAGCOR\u2019s reform include not only its regulatory function but also its internal company structure and operational procedures. By merging into a single corporate office, the agency is improving its corporate structure and boosting coordination, efficiency, and performance.<\/p>\n<p>In order to draw in a larger player base and make its properties more desirable to potential owners, PAGCOR is also upgrading older casinos. By making these strategic adjustments, PAGCOR hopes to stay adaptable and competitive in the rapidly changing gaming industry.<\/p>\n<h2><strong>Cracking Down on Illegal Activities<\/strong><\/h2>\n<p>Mr. Tengco also emphasized PAGCOR\u2019s dedication to maintaining honesty and openness in the gaming sector. With the intention of decreasing or eradicating unlawful activity within the industry, the agency recently enacted new requirements for those holding international gambling licenses. This proactive strategy attempts to develop a more secure and reliable gaming environment.<\/p>\n<p>The reform process of PAGCOR is evidence of its commitment to supporting a thriving and fair gaming sector in the Philippines and elsewhere. PAGCOR provides a remarkable example for gaming regulatory authorities in the Asia-Pacific area as it transforms into a strictly regulatory agency.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/igaming.org\/casino-news\/pagcors-all-set-to-transform-into-a-pure-gaming-regulatory\/\">PAGCOR\u2019s All Set To Transform Into A Pure Gaming Regulatory<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Philippine Amusement and Gaming Corporation (PAGCOR), which previously served as both an operator and a regulator, is currently undergoing a dramatic restructuring to become a strictly regulatory entity. On September 13, 2023, PAGCOR Chairman and CEO Alejandro H. Tengco made this strategy change public during the IAG Academy Summit. A Bold Move Towards Regulation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-5716","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/5716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=5716"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/5716\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=5716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=5716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=5716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}