'Pagcor-Corporate Social Responsibility\r'

'I. PROFILE OF THE pot HISTORY Sometime in March 1992, a real young notwithstanding energetic antib al unityistic missile Rogelio Y. Bangsil was sent to citadel Ilo croupdia Resort and Hotel to start the inspection and repair for the future site of Casi nary(prenominal) Philippine-Laoag. Hand in hand with the eddy, a massive promotional causal agent was launched by his so-c every(prenominal)ed â€Å"advance-party” composed of a fistful of employees Casino Filipino -Laoag, which emerges as a initiatory gambol destination with first-class service, is a preferent of tourists from Hongkong & Taiwan.It truly lives up to its reputation as the â€Å" decorate of the North”. When CF-Laoag opened towards the eat up of April 1992, ABM Bangsil was promoted as Branch Manager. He was joined by a freshlypromoted COM in the person of Melquiades Parungao, junior , two newly promoted childs play Area Managers,two Asst. bid Area Managers,a some Table Supervisors a nd a handful of support lag and office personnel. The branch operated on a atomic bite 53 6pm-2am shift with cardinal free rein tables and fifty (50) one-armed bandit machines.An extensive marketing strategy was launched black marketing as furthest as Baguio City to invite players to Laoag. For a newly-opened branch, the initial stage of operation entailed a lot of efforts on the part of both do itment and staff. In flow from local players was not re whollyy signifi nominatet. The opening of the Laoag City Inter depicted object aerodrome with flights from Taiwan gave a new ray of foretaste to CF-Laoag. These weekend flights brought in players who were ready to wager in US Dollars.During its second class of operation, the branch suffered a major blow in its expedition operation. This pulled discomfit the operational status of the branch. This condition resulted to the closure of the cassino in September 1993 only to reopen ten days later. Since then, the branch managed to survive and enjoy relatively modest net income. This spectacular feat stepwise simmered down due to factors in the economic and g overnmental systems. A possible closure was again hovering over CF-Laoag.In the early part of twelvemonth 2000, the Waterfront Promotions Limited (WPL) came to the pull through for some time but later transferred to the Fort Ilocandia Promotions, Limited (FIPL). Towards the middle of 2003, the existence of CF-Laoag was threatened anew. This was because of the severe acute respiratory syndrome (Severe Acute Respiratory Syndrome) scargon that modify close to Asian countries. Flights from China, Taiwan and Hong Kong, where intimately of the junket players come from, were restricted.Due to the drastic reduction in the number of contend customers, FIPL proposed to downsize the casino trading operations for about two months, from June to July 2003 until such(prenominal) time that the SARS sc ar and the influx of junket players would normalize. CF-Laoag made a major turnaround towards the end of 2003. A total facelifting and renovation of the gaming beas had to be downstairstaken by the FIPL. In August of that year, the gaming tables were temporarily relocated to the Sierra Madre ballroom while the one-armed bandit machines were lined upalong the corridors of the hotel.Carpenters, masons, painters and technicians runed round-the-clock to finish the rove forwards the end of the year. CF-Laoag transferred to the newly rendered venue on December 25, 2003, scarcely in time for the arrival of players from China, Taiwan and Hong Kong. Everyone was impressed by the chandeliers that hang over the main gaming bea, the colorful mini bulbs that twinkled on the outer panels of the ceiling and the congregations of angels that adorned the mini domes to a higher place the gaming tables.Six dignitary areas depicting American, British, French, Egyptian and Chinese get dressedtings were a ilk impressive. Players and guests, e ven off PAGCOR officers, who control seen some other casinos afield commented that the VIP rooms are even cozier than those in the US, Macau, Australia and elsewhere. At present times, Philippine pleasure and fun sight (PAGCOR) is the Philippines third largest contributor of revenue after the Tax and Customs Authority.It is a judicature own and controlled tidy sum first established in by hot seatial well-disposed club 1067 and entered itself in a capture with Philippine Casino Operators Corporation (PCOC) in in operation(p) the floating casino in the capital of the Philippines quest in 1977. However, gutted by fire in 1979, for which reason, PAGCOR shifted its operations to land-based casinos and entered into other contract with PCOC for the management of a casino at the Provident Inter bailiwick Resources Corporation (PIRC) structure on Imelda Avenue, Paranaque City, Metro manilla, Philippines.Then under the Presidential Decree 1869 in 1983, it was mandated as the sole governing body participation to conduct and establish gaming pools and casinos. In 1986 it was reestablished by H. E. then Pres. Corazon Aquinos judicature with New PAGCOR as its short-change name to alleviate raise the governance money; appointing Norberto Quisumbing as its first death chair and later on the former Development Bank of the Philippines chair Alicia LL. Reyes as its Chair and CEO. She was succeeded by Ephr read Genuino under the appointment by H. E. Pres. Gloria Macapagal-Arroyo in 2001.The firm operates 13 Casinos and several VIP schedule clubs in major cities across the landed estate. It in interchangeable manner sees and regulates more than 180 bingo parlors as well(p) as e-games cafes across the body politic. The company employs more than 1 ascorbic acid0 employees. In June, 2007 PAGCOR had its most significant piece of legislation with the departure of res domaina Act 9487 granting the state-run gaming firm another(prenominal) 25 years to re gulate and operate games of chance, to emerge licenses, and to enter into joint venture, management, or investment agreements with undercover entities.PAGCOR is under the Office of the President of the Philippines. As of December, 31, 2009, the Pagcor lineup is composed of Chairman/CEO †Efraim C. Genuino, President/coo †Rafael Butch Francisco, Directors †Imelda Dimaporo, Philip G. Lo, Manuel C. Roxas and Susana Vargas (ex-officio) and Corporate Secretary †Carlos R. Bautista. On July 02, 2010, Cristino L. Naguiat, junior was sworn in as its new Chairman. On July 19, 2010, Jorge Sarmiento was named as its new President & COO along with other new members to the mount, namely: Enriquito M.Nuguid, Eugene D. Mana chokeas and Jose S. Tanjua. Vision We entrust captivate our customers with a world-class gaming and sport experience, improved infrastructure, more warring facilities, and a highly professionalized man mogul; We bequeath showcase to the world the transcendent Filipino way of serving customers; We leave be a pillar for national progress by instilling integrity as the fundamentbone of our regulatory duties, investing in the raising of Filipinos, and promoting Philippine tourism, finishing and arts.Mission ? ? To achieve operational excellence, revenue growth and competitive advantage. To attain and enforce a regulatory manakin that preserves the integrity and propels the development of the Philippine gaming industry. ? To continue existence a responsible and antiphonal first mate of the Philippine government in its nation-building programs. ? To actively participate in fforts of the tourism sector to transform the Philippines into an exciting R and entertainment put one overn for local and foreign travelers alike. Nature of line of work PAGCOR is a deoxycytidine monophosphate share government-owned and controlled great deal created to regulate, authorize and license all games of chance authorized by law in the Philippines, generate revenues for the Philippine Government’s socio-civic and national development programs, and help promote the Philippine tourism industry.According to Sec 10 of Presidential Decree no. 1869 known as the PAGCOR Charter, the say corporation has the rights, privileges self-assurance to operate and license gambling casinos, gaming clubs and other similar recreation or amusement places, gaming pools, i. e. basketball, football, bingo, etc. except jai-alai, whether on land or sea, within the territorial jurisdiction of the Re unrestricted of the Philippines.Provided, that the corporation shall obtain the consent of the local government whole of measurement that has territorial jurisdiction over the area elect as the site for any of its operations. Furthermore, the operation of one-armed bandit machines and other gambling paraphernalia and equipment, shall not be allowed in establishments open or accessible to the frequent public unless the site of these op erations are three-star hotels and resorts current by the part of Tourism (DOT) authorized by the corporation and by the local government unit concerned.There are in any case restrictions on the operations of the corporation. Their power and authority to authorize, license and regulate games shall not extend to the ff. : ? Games of chance authorized, licensed and adjust or to be authorized, licensed and regulated by, in, and under existing franchises or other regulatory bodies; ? Games of chance, games of cards and games of numbers authorized, licensed, regulated by, in, and under supernumerary laws such as Republic Act No. 922. ? Games of chance, games of cards and games of numbers like cockfighting, authorized, licensed and regulated by local government units. The conduct of such games of chance, games of cards and games of numbers cover by existing franchises, regulatory bodies or special laws, to the extent of the jurisdiction and powers granted under such franchises and sp ecial laws, shall be outside the licensing authority and regulatory powers of the PAGCOR.PAGCOR’s Income PAGCOR derives its income from the profit of table games, slot machines and in-house bingo operation of the elbow rooms several(predicate) gaming properties. The corporation alike gets substantial income from other sources from its regulated gaming activities such as the private licensed casinos, poker operations, moneymaking(prenominal) bingo operations, E-games and others. In 2011, PAGCORs total revenue reached P36. 65 billion, which is greater by P5. 19 billion or 16. 52% to its total income of P31. 46 billion in 2010.In accordance with its Charter and other governing laws, PAGCOR salary are distributed as follows: 5 part of winnings goes to the BIR as franchise tax; 50 percent of the 95 percent equaliser goes to the field of honor field exchequer as the National Governments mandated income share; 5 percent of the balance after the franchise tax and the Nationa l Governments mandated income share goes to the Philippine Sports Commission for financing of the countrys sports development programs; 1 percent of the net income goes to the Board of Claims, an agency under the surgical incision of Justice, which compensates victims of wrongful detention and quest; Cities hosting PAGCOR casinos are declaren fixed amount for their several(prenominal) community development objects; Funds for implementation of vital laws such as the Early Childhood circumspection and Development Program and Sports Incentives and Benefits Act; Remittance to President’s brotherly Fund Remaining balance of income goes to the projects related to the upliftment of the pure tone of education through the formulation of classrooms and instill buildings, assistance for the promotion of the country’s health programs, and the Pasig River Rehabilitation project II.Organizational Chart How does PAGCOR’s organization works? All policies for implemen tation and common directions to be taken by PAGCOR are under the responsibility of a five-man Board of Directors duly appoint by the President of the Philippines. Following are the Board Members chosen by President Benigno Simeon Aquino III to witness that PAGCORs administration during his term forget subscribe to his lading to transparency, integrity and good governance: Hon. Cristino L. Naguiat, Jr. Chairman & master(prenominal) Executive Officer Jorge V. Sarmiento President & Chief Operating Officer Eugene D. Manalastas Director Enriquito M. Nuguid Director Jose S. Tanjuatco DirectorThe periodic operations of PAGCOR in its Corporate Offices and Casino Filipino Branches are manned by 11,369 employees (data as of January 31, 2011). excursus from having its internal auditing group, PAGCORs operations are in any case subject to the scrutiny of the governments watchdog, the Commission on Audit (COA), which ensures †among others †that every(prenominal) cen tavo earned and spent by the corporation are fully accounted for. III. Socioeconomic Aspect Government PAGCOR (Philippine Amusement and Gaming Corporation) in line with their â€Å" incorporated kindly responsibility” has been doing different projects raising the concern of the public, of the government as well as promoting their name too.The say corporation has done a project in cooperation with the Department of Education (DepED) allocating a gillyflower of Php 1 billion for the construction of 1,000 classrooms nationwide. This has been the first time that PAGCOR has set aside such huge breed for a single project intend to help a government sector. This project â€Å"Matuwid Na Daan Sa Silid- Aralan” was intended to help the government train the perennial problem of classroom shortage. PAGCOR has come up with this project for this problem of the education sector currently stands at 70 582 nationwide. The express project was PAGCOR’s way of helping the Ph ilippine government in its campaign to improve the quality of education in the country.Also, this is not just a big help in the part of the government but in the part of the poor families and students envisage for a good education too. include in the Php 1 billion fund is PAGCOR’s Php 65 million documentation assistance to DepED and Gawad Kalinga Foundation, Inc. for the construction of 100 learning centers in different communities nationwide. This is to help communities with no learning centers of their own and to help parents who can’t send their children to train. Under the said project, Gawad Kalinga volition care for the construction of the classrooms while the Department of Education forget manage the facilities once the classrooms are done. DepED will manage the said facilities in cooperation of the local government unit.PAGCOR has in any case partnered with TESDA and allotted an initial of Php 100 million funds for the retrofitting of TESDA’s exi sting wood working facilities. Included in their projects in helping the government,PAGCOR and Travellers International fund the construction of a new public initiate in Mandaluyong. Due to this project,PUBLIC elementary and high school students of Barangay Addition Hills in Mandaluyong City will have a remedy chance of finishing their staple education after the Philippine Amusement and Gaming Corporation (PAGCOR) and Travellers International Hotel Group, Inc. (operator of Resorts World manila paper) committed to fund the construction of an integrated public school there.Travellers, as part of its Entertainment City investment obligation, has overly allocated approximately P60 to P80 million for the construction of the Mandaluyong Addition Hills chief(a) School in Mandaluyong City’s most populated barangay. The new school will have 2 four-storey buildings with 40 classrooms and 16 comfort rooms. It can accommodate up to 2,000 elementary and high school students. Associat ed with PAGCOR’s mission on their corporate social responsibility,the state-owned corporation veritable the â€Å"PAGCOR supply Program”. This project was made possible in coordination with the Department of friendly Welfare and Development (DSWD) and the Department of Education (DepED), unneurotic with partner schoolbeneficiaries. This program turn ind balanced meals to undernourished children from targeted day-care centers and public elementary schools in selected areas.The said project aimed to tag on existing government supply programs and to help address the malnutrition feature in the country. These are some ship canal on how PAGCOR stretched their helping hand to help the Filipinos and the Philippine government itself. These are also the corporation’s ways to ease the burdens of our government. Community â€Å"To continue universe a responsible and responsive partner of the Philippine government in its nation-building programs. ” This is o ne of the missions of PAGCOR. As declared in its mission, PAGCOR is one with the Filipino in this journey. PAGCOR hopes to be a dynamic partner of our government in changing the course of Philippine history towards national development and progress.The corporation facilitates programs for the progression of the Filipino Community. In order to attain its mission, PAGCOR, held the following projects: PAGCOR distributes relief goods to 10,000 families unnatural by Habagat flooding, align with this project, PAGCOR distributed relief packs to 2,000 families in Barangay Baseco, Tondo. The said state-owned gaming agency also gave relief goods to 3,000 families bad hit by the flooding in Tumana and Nangka, Marikina City, Sta. Ana, Manila and Malabon City. In the provinces, PAGCOR also conducted relief operations for a total of 5,000 families in Concepcion, Tarlac, Guiguinto, Bulacan,Rosario, Cavite, Taytay, Rizal and San Isidro, Tanay, Rizal.PAGCOR Chairman and CEO Cristino Naguiat, Jr. s aid this is only the first tranche of the agency’s Habagat relief operations. â€Å"We have allocated a total cipher of P8. 14 million for our relief operations. We hope to be able to give help to at least(prenominal) 20,000 families. There were so many of our countrymen who were badly affected by this new flooding. Itong aming relief operations ang paraan ng PAGCOR para matulungan ang ating mga kababayan na labis na naapektuhan ng kalamidad na ito. ” PAGCOR, in its mission of reaching out the Filipino community,also reached out to the indigent and impoverished by providing open health check and dental services via its medical missions.These missions, which were broadly speaking conducted in depressed areas and those battered by calamities, aim to bring government and the company closer to its constituents by providing basic health services. Furthermore, PAGCOR, in coordination with the Department of genial Welfare and Development (DSWD) and the Department of E ducation (DepED), developed the â€Å"PAGCOR Feeding Program” to supplement existing government feeding programs and to help address the worsening malnutrition situation in the country. This project was made possible with partner school-beneficiaries, which provided balanced meals to undernourished children from targeted day-care centers and public elementary schools in selected areas. PAGCOR has been implementing projects that are very helpful in our very own Philippine community.PAGCOR is doing their best in reaching out the depressed areas and the indigenous to let find out that PAGCOR isn’t all about gambling, but also ready to stretch their hand to those communities in ask. Employees more health benefits for PAGCOR employees. Philippine Amusement and Gaming Corporation (PAGCOR) Chairman Efraim Genuino announced yesterday that the agency’s 10,000 employees would soon be receiving a â€Å"bigger and better health care benefits package” following a v ery productive year. Genuino noted that PAGCOR’s lucre rose 21 percent in October disrespect the economic slump ca employ by the Sept. 11 terrorist attacks in New York and Washington. This is my way of thanking, on behalf of President Arroyo, the 10,000-strong PAGCOR custody which worked doubly hard to break revenue records this year despite the debilitating effects of a oecumenic economic crisis,” Genuino said. It will be recalled that one of Genuino’s first acts as Pagcor chief was to increase the salaries of all personnel. Prior to his appointment by the President, employees lamented that their salaries â€Å"had remained stagnant for 15 years. ” The new health care program will â€Å"substantially increase the present hospitalization cypher which employees and officers can avail of. It will also provide generous subsidies for maternity cases and ensure a hurried processing system of all health claims”, Genuino said.Furthermore, Genuino has staged the setting up of a state-of-the art health infrastructure program through the establishment of ripe outpatient clinics complete with a laboratory, an x-ray room and pharmacy. dental clinics will also be put up at all casino branches and at the PAGCOR corporate office. Mentioned above are the PAGCOR’s ways of travel the favor to their employees. These are also the corporation’s way of somehow thanking their beloved employees. However, these are not just programs for the employees but for the corporation itself too. Due to these projects, PAGCOR can be assured that their employees will be contented from their benefits. milieu PAGCOR takes its corporate social responsibility to another level as it goes green and supports projects about environmental protection.In tandem with the National Convergence Initiative (NCI) Project, PAGCOR is funding and actively undertaking reforestation and related activities not only in our remaining forests but also in various locales under threat of eroding and degradation. It also supports the â€Å"E-Kawayan” project which aims to regenerate bamboo plantations nationwide and process the many uses of bamboo for industrial purposes. Just recently, PAGCOR turned over P31million in financial support for Hi-e-Kawayan project of Alaminos, Pangasinan. This will help in reviving bamboo culture, reforest bamboo suppuration regions for environmental protection. The said project complements the Department of Environment and Natural Resource’s (DENR’s) National green Project (NGP) since it is set to reforest 322 hectares of land with bamboo plants which would lead to erosion prevention and slope protection in the area.The said corporation also provides funds for bend illegally cut logs from areas in Mindanao that had been pummeled by the recent Typhoon Sendong into chairs, tables and blackboards that will be given to public schools. Also, PAGCOR was into recycle as it launched a project transfering used slot machine stands into school desks which are donated to six public schools. Lastly, PAGCOR expressed support to the Kapit Bisig Para sa Ilog Pasig (KBPIP), a project spearheaded by the ABS-CBN Foundation, together with the Pasig River Rehabilitation Commission and Department of Environment and Natural Resources. This project aims to rehabilitate and clean-living the Pasig River from 2009-2015 with the Estero de Paco as its pilot site.These projects only proved that PAGCOR is not just a corporation but a environment-concerned one. These are the ways on how they promote the conservation and restoration of our environment. Economy Philippine Amusement and Gaming Corporation or PAGCOR, with its chain of casinos and other businesses, contributes a great deal to the Philippine economy. From their large income, the tourists they attract, the jobs they give to a number of Filipinos and up to the investors they bring into the country, they only prove that they are not just about gambling but an asset to the country’s economy. Casino is one of the places where tourists go here in the Philippines whether they came in on purpose of doing so or to just look what the country can spin.Large number of customers and gamers, both foreigners and Filipinos, also means large amount of income not just for the corporation itself but also to the country. Just last year, 2011, PAGCOR reported whooping P36. 65 billion total revenue, which is P5. 19 billion more than its income the year before, 2010. Tourist dollars are also coming into the country together with these visitors from different places. PAGCOR currently operates 13 casinos in different places all over the country like Metro Manila, Tagaytay City, Pampanga, Cebu, and others. With this, they already gave about 12,000 jobs to the Filipinos which will soon be change magnitude with the upcoming projects of the company. This, already, is a big help to the country’s worsening problem on emp loyment.They are also bringing foreign investors in the country together with the rise of the â€Å"Entertainment City Manila” or simply â€Å"PAGCOR City” in the year 2016. It is Asias Las Vegas-like gaming and entertainment complex that PAGCOR proposed way back in April 2008 to offer on 8 km? of land on the reclamation area of Manila Bay, Philippines. The objective is to capture at least 10 percent of the annual $115-billion gaming revenue in the world. According to vice president Jejomar Binay, â€Å"The project will be a big boost to the economy. It will bring investors and visitors and this will provide employment and sustenance opportunities for thousands of Filipinos. ” noting that the project will provide millions of Filipinos with high-paying jobs without leaving for work abroad.It is also believed that this project will bring even more tourist in the country as it will not cater only the gaming aficionados but other facilities will also offer other fo rms of wholesome family entertainment which will go on tourists to go together with their families. PAGCOR helps the economy more than we give them credit for. Because of the common connotation that comes with their name like ‘gambling’, ‘1-billion coffee expenditure’ and the different cases filed against the officials of the corporation we failed to see the benefits they brought to the country. IV. Pictures â€Å"MATUWID NA DAAN SA SILID PAARALAN” PROJECT PAGCOR, in cooperation with the Department of Education (DepED), has allocated a P1 billion funding for the construction of 1,000 classrooms nationwide. PAGCOR distributes relief goods to 10,000 families affected by Habagat flooding hit places like Tondo and Sta.Ana, Manila; Marikina City; Malabon City; Concepcion,Tarlac; Guiguinto, Bulacan; Rosario, Cavite; Taytay, Rizal; and San Isidro, Tanay, Rizal. medical examination / DENTAL MISSIONS PAGCOR reaches out to the indigent and impoverished by p roviding free medical and dental services via its medical missions. PAGCOR FEEDING PROGRAM PAGCOR, in coordination with the Department of Social Welfare and Development and the Department of Education, developed the PAGCOR Feeding Program to supplement existing government feeding programs and help address the worsening malnutrition situation in the country. PAMASKONG HANDOG PROJECT The Pamaskong Handog project is an annual Christmas gift-giving project of PAGCOR which is intended to bring joy to the less fortunate at Christmas time. PNOY BAYANIHAN” PROJECT PAGCOR has partnered with the DepED, Department of Environment and Natural Resources (DENR) and the technical Education and Skills Development Authority (TESDA) for the Pnoy Bayanihan project which aims to convert confiscated logs from illegal logging into school chairs. CONVERSION OF utilize SLOT MACHINE STANDS TO SCHOOL DESKS PAGCOR also converts hundreds of its used slot machine stands into school desks which are being donated to different public schools that are in need of school chairs. V. References More health benefits for Pagcor Employees. (2011, November 24). The Philippine Star, p. 3. Cruz, J. D. (2012, June 24). Pagcor goes green. Business Mirror, p. 5. Cruz, J. D. (2012, June 24). Pagcor goes green. Business Mirror, p. 3. http://pcij. org/blog/wp-docs/RA9487. pdf http://www. pagcor. ph/social-responsibility. php http://www. blog. pagcor. ph/ http://www. pagcor. ph\r\n'