Manila Bulletin
Pagcor, POGOs boost funds to fight COVID-19
Philippine Offshore Gaming Operators (POGOs) have donated P150 million for COVID-19 relief efforts, according to the Philippine Amusement and Gaming Corp. (PAGCOR).
The P150-million donation is composed of P90 million for medical supplies and P60 million for food packs.
Major casino operators like City of Dreams, Resorts World Manila, and Okada Manila contributed to these donations.
City of Dreams donated P50 million worth of food packs, Resorts World Manila provided P50 million in medical equipment and supplies, and Okada Manila gave P50 million to the Philippine General Hospital (PGH) for testing machines, test kits, and supplies.
These contributions from gaming stakeholders are in addition to PAGCOR's own donation of P2.5 billion to the national government.
PAGCOR will also remit P12 billion in dividends for 2019 to the Bureau of Treasury.
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The Philippine Charity Sweepstakes Office (PCSO) is expected to lose approximately P3 billion due to the suspension of its gaming operations nationwide in response to the COVID-19 crisis.
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Three Department of Transportation (DOTr) agencies, namely the Philippine Ports Authority (PPA), Manila International Airport Authority (MIAA), and Civil Aviation Authority of the Philippines (CAAP), have made an advance dividend payment exceeding P10 billion.
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The Philippine Amusement and Gaming Corp. (Pagcor) ordered the immediate suspension of all Philippine Offshore Gaming Operations (POGO) and their service providers in Luzon during the enhanced community quarantine period.
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