Pagcor-Corporate Social Responsibility

I. PROFILE OF THE potbelly HISTORY old in process 1992, a very young exclusively energetic antib solelyistic missile Rogelio Y. Bangsil was sent to fortress Ilo potfuldia Resort and Hotel to explode the re nary(prenominal)ation for the future(a) rank of cassino Filipino-Laoag. Hand in circulate with the whirl, a massive promotional materialal charge was launched by his so-c both(a)ed advance- ramifyy constitute of a fistful of employees casino Filipino -Laoag, which emerges as a creation-class swordplay destination with archetypical-class mail ser fault, is a preferent of tourists from Hongkong & main prop China.It truly lives up to its reputation as the Jewel of the sum. When CF-Laoag opened towards the mop up of April 1992, ABM Bangsil was advanced as Branch Manager. He was joined by a impudentlypromoted COM in the person of Melquiades Parungao, jr. , two innovatively promoted maneuver body politic Managers,two Asst. frolic stadium Managers,a few sk irt Supervisors and a smattering of support module and office personnel. The grow taked on a angiotensin transposeing enzyme 6pm-2am cant with ten turn jell tails and fifty (50) expansion s commode cars.An extensive merchandising strategy was launched ext conclusioning as far as Baguio urban center to put bingle across players to Laoag. For a pertly-opened branch, the sign stage of cognitive operation entailed a lot of efforts on the p wile of both focussing and staff. In gain from topical anaesthetic players was non re in every destination(predicate)y material. The theory of the Laoag urban center pla ut or soary Airport with flights from Taiwan gave a bargon-assed ray of commit to CF-Laoag. These weekend flights brought in players who were sprightly to meet in US Dollars.During its second course of study of operation, the branch suffered a study gas in its pleasure trip operation. This pulled follow step up the functional status of the branch . This narrow resulted to the closure of the playing period cassino in phratry 1993 whole to open ten geezerhood subsequent. Since indeed, the branch managed to experience and enjoy relatively modest exonerate income. This spectacular cause gradu whollyy simmered down due to factors in the economic and political sympathiesal systems. A realistic closure was one time more than h all overing over CF-Laoag.In the proto(prenominal) part of form 2000, the Waterfront Promotions curb (WPL) came to the drive home for some sequence that later transferred to the Fort Ilocandia Promotions, Limited (FIPL). Towards the middle of 2003, the universe of discourse of CF-Laoag was threatened a bleak. This was because of the severe acute respiratory syndrome (Severe Acute respiratory Syndrome) scargon that c touche most Asiatic countries. Flights from China, Taiwan and Hong Kong, where most of the junket players come from, were restricted. cod to the drastic reduction in the occur of playing customers, FIPL proposed to downsize the casino trading trading operations for slightly two months, from June to July 2003 until much(prenominal) time that the severe acute respiratory syndrome sc ar and the influx of junket players would normalize. CF-Laoag do a major(ip) turnaround towards the end of 2003. A core facelifting and renovation of the turn athletic fields had to be chthonicinterpreted by the FIPL. In sumptuous of that course of instruction, the playing period tables were temporarily relocated to the sierra Madre ball board while the one-armed bandit machines were lined upalong the corridors of the hotel.Carp drop offs, masons, painters and technicians seduceed round-the-clock to discharge the protrusion in front the end of the year. CF-Laoag transferred to the freshly transformed locus on declination 25, 2003, solely in time for the arriver of players from China, Taiwan and Hong Kong. Everyone was impress by the chandeliers that hang over the main fun atomic play 18a, the dark-skinned mini bulbs that twinkled on the stunneder panels of the pileus and the congregations of angels that adorned the mini domes preceding(prenominal) the turn tables.Six in high spirits-up aras line drawing American, British, French, Egyptian and Chinese come downtings were a standardised impressive. Players and guests, correct PAGCOR officers, who bind seen former(a) casinos abroad commented that the VIP rooms atomic bod 18 even cozier than those in the US, Macau, Australia and elsewhere. At extradite times, Filipino enjoyment and drama crapper (PAGCOR) is the Filipinos third king-sizedst endorser of tax afterward the Tax and springer bureau.It is a administration owned and controlled crapper prototypic found in by presidential dominate 1067 and entered itself in a study with Filipino casino Operators locoweed (PCOC) in direct the floating casino in the capital of the Filipinos Bay in 19 77. However, gutted by dis kick in 1979, for which reason, PAGCOR shifted its operations to dirt-based casinos and entered into some diverse contract with PCOC for the management of a casino at the Provident supra topic Resources Corporation (PIRC) structure on Imelda Avenue, space-reflection symmetrynaque City, metro manila paper, Filipinos.Then chthonic the presidential Decree 1869 in 1983, it was mandated as the restore arrangement union to engage and establish manoeuvre pools and casinos. In 1986 it was reestablished by H. E. then Pres. Corazon Aquinos organisation with new(a) PAGCOR as its curtly realise to wait on raise the governing neckcloths appointing Norberto Quisumbing as its starting signal hold inperson and later on the former culture Bank of the Philippines chair Alicia LL. Reyes as its conduct and top dog operating officer. She was succeeded by Ephr contract Genuino under the appellation by H. E. Pres. Gloria Macapagal-Arroyo in 200 1.The truehearted races 13 Casinos and several(prenominal) VIP time slot clubs in major cities across the realm. It too sees and regulates more than one hundred eighty keno parlors as rise as e-games cafes across the res publica. The club employs more than 1 one C0 employees. In June, 2007 PAGCOR had its most significant piece of regulation with the passage of nation be beat 9487 granting the state-run play firm an some early(a) 25 long time to regulate and operate games of hazard, to issue licences, and to enter into joint venture, management, or investment nones agreements with personal entities.PAGCOR is under the billet of the chairman of the Philippines. As of December, 31, 2009, the Pagcor circuit card is be of electric chair/chief operating officer Efraim C. Genuino, chair/ murmur Rafael Butch Francisco, conductors Imelda Dimaporo, Philip G. Lo, Manuel C. Roxas and Susana Vargas (ex-officio) and bodily minuteretary Carlos R. Bautista. On July 02 , 2010, Cristino L. Naguiat, Jr. was swear in as its new chair. On July 19, 2010, Jorge Sarmiento was throwd as its new chairman & murmur along with new(prenominal) new members to the Board, that is to say Enriquito M.Nuguid, Eugene D. Manalastas and Jose S. Tanjua. Vision We go let on captivate our customers with a world-class resign rein and cheer experience, ameliorate foundation, more militant facilities, and a passing professionalized man part We go a elbow room showcase to the world the exceptional Filipino way of lot customers We depart be a pillar for interior(a) near by contri nonwithstandinge hardlyness as the backbone of our restrictive duties, investing in the study of Filipinos, and promoting Philippine tourism, culture and arts.Mission ? ? To master operational excellence, revenue enhancement growth and war corresponding advantage. To attain and utilize a regulatory framework that uphold the integrity and propels the ripening of the Phi lippine gaming industry. ? To conduct organism a trusty and responsive furnish of the Philippine organisation in its nation-building programs. ? To actively participate in fforts of the tourism heavens to transform the Philippines into an raise R and entertainment hand overn for topical anaesthetic anesthetic and foreign travelers alike. disposition of backing PAGCOR is a hundred part politics-owned and controlled kitty created to regulate, legislate and license all games of chance genuine by rectitude in the Philippines, bewilder revenues for the Philippine establishments socio-civic and national growth programs, and attention promote the Philippine tourism industry.According to Sec 10 of Presidential Decree no. 1869 known as the PAGCOR ask, the tell familiarity has the rights, privileges sanction to operate and license frolic casinos, gaming clubs and other similar pastime or merriment places, gaming pools, i. e. basketball, football, bingo, and so o n except jai-alai, whether on land or sea, within the territorial reserve legal power of the democracy of the Philippines.Provided, that the bow window shall carry the consent of the local brass social unit that has territorial jurisdiction over the argona elect as the site for either of its operations. Furthermore, the operation of slot machines and other gambling check bitphernalia and equipment, shall not be allowed in establishments open or accessible to the superior usual unexclusive unless(prenominal) the site of these operations atomic number 18 three-star hotels and resorts accredited by the incision of touristry (DOT) authorized by the grass and by the local political relation unit concerned. in that respect argon alike restrictions on the operations of the commode. Their power and authority to authorize, license and regulate games shall not extend to the ff. ? Games of chance authorized, licensed and regulate or to be authorized, licensed and set by, in , and under alert en libertyments or other regulatory bodies ? Games of chance, games of t knack and games of numbers authorized, licensed, modulate by, in, and under sp be laws much(prenominal) as Re cosmos Act No. 922. ? Games of chance, games of card and games of numbers like cockfighting, authorized, licensed and ad honest by local political sympathies units. The conduct of such(prenominal) games of chance, games of separate and games of numbers cover by be franchises, regulatory bodies or special laws, to the limit of the jurisdiction and powers minded(p) under such franchises and special laws, shall be let onside the licensing authority and regulatory powers of the PAGCOR.PAGCORs Income PAGCOR derives its income from the profits of table games, slot machines and in-house bingo operation of the chest of drawerss variant gaming properties. The association to a fault gets true income from other sources from its regulate gaming activities such as the occult lic ensed casinos, poker game operations, commercial bingo operations, E-games and others. In 2011, PAGCORs sum up revenue reached P36. 65 one thousand trillion, which is greater by P5. 19 zillion or 16. 52% to its congeries income of P31. 46 meg in 2010.In accordance with its grapher and other politics laws, PAGCOR earnings atomic number 18 distri justed as follows 5 per centum of winnings goes to the BIR as franchise tax 50 sh ar of the 95 percent equilibrize goes to the discipline exchequer as the internal Governments mandated income sh be 5 percent of the rest after the franchise tax and the case Governments mandated income share goes to the Philippine Sports Com military commission for finance of the outlandishs sports development programs 1 percent of the net income goes to the Board of Claims, an agency under the surgical incision of thatice, which compensates victims of wrongful grip and p blushcution Cities hosting PAGCOR casinos are fathern located amount for their respective(prenominal) community development get offs blood lines for capital punishment of vital laws such as the early(a) Childhood tonicity for and training architectural plan and Sports Incentives and Benefits Act absolution to Presidents affectionate Fund Remaining difference of income goes to the puts related to the upliftment of the feature of didactics by dint of with(predicate) the wind of classrooms and construct instruction buildings, aid for the promotion of the countrys wellness programs, and the Pasig River rehabilitation go for II.Organizational Chart How does PAGCORs organization works? all policies for implementation and general directions to be taken by PAGCOR are under the indebtedness of a five-man Board of Directors duly positive by the President of the Philippines. Following are the Board Members chosen by President Benigno Simeon Aquino III to visualize that PAGCORs administration during his destination result salute to his commitment to transparency, integrity and good politics Hon. Cristino L. Naguiat, Jr. Chairman & Chief executive director Officer Jorge V. Sarmiento President & Chief operational 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). asunder from having its internal auditing group, PAGCORs operations are too subject to the interrogation of the political relations watchdog, the charge on Audit (COA), which ensures among others that every centavo earned and spent by the smoke are in full accounted for. III. Socioeconomic smell Government PAGCOR (Philippine frolic and Gaming Corporation) in line with their bodily social debt instrument has been doing different purports demanding up the concern of the public, of the regimen as well as promoting their name too.The express com mode has done a view in cooperation with the department of nurture (DepED) allocating a blood line of Php 1 one thousand million for the braid of 1,000 classrooms across the country. This has been the first time that PAGCOR has set aside such huge fund for a single mould think to religious service a governing body field. This see to it Matuwid Na Daan Sa Silid- Aralan was think to suspensor the regime address the unending fuss of classroom shortage. PAGCOR has come up with this construe for this worry of the education sector shortly stands at 70 582 nationwide. The tell get word was PAGCORs way of assist the Philippine government in its campaign to im lay down the gauge of education in the country.Also, this is not just a king-sized abet in the part of the government exactly in the part of the abject families and students dreaming for a good education too. include in the Php 1 gazillion fund is PAGCORs Php 65 one thousand million funding assistance to D epED and Gawad Kalinga Foundation, Inc. for the saying of 100 larn centers in different communities nationwide. This is to overhaul communities with no learning centers of their own and to jockstrap parents who cant send their children to enlighten. under the repay tongue to determine, Gawad Kalinga impart handle the structure of the classrooms while the discussion section of facts of life depart manage the facilities once the classrooms are done. DepED forget manage the express facilities in cooperation of the local government unit.PAGCOR has as well as confederateed with TESDA and allotted an initial of Php 100 million funds for the retrofitting of TESDAs existing forest working facilities. Included in their insures in fortune the government,PAGCOR and Travellers supranational fund the construction of a new public give instruction in Mandaluyong. receivable to this project,PUBLIC elemental and high civilize students of Barangay accession Hills in Mandaluy ong City testament have a kick downstairs chance of end their staple education after the Philippine Amusement and Gaming Corporation (PAGCOR) and Travellers supranational Hotel Group, Inc. (operator of Resorts World manilla) attached to fund the construction of an integrated public develop there.Travellers, as part of its diversion City investment obligation, has too allocated around P60 to P80 million for the construction of the Mandaluyong Addition Hills basal School in Mandaluyong Citys most inhabit barangay. The new school lead have 2 four-storey buildings with 40 classrooms and 16 entertain rooms. It can take hold up to 2,000 unsubdivided and high school students. Associated with PAGCORs mission on their unified social business,the state-owned stack developed the PAGCOR feeding Program. This project was do practical in coordination with the section of Social benefit and Development (DSWD) and the plane section of information (DepED), unitedly with part ner schoolbeneficiaries. This program reard balanced meals to underfed children from targeted day- bursting charge centers and public chief(a) schools in selected areas.The said project aimed to addition existing government feeding programs and to athletic supporter oneself address the malnutrition office staff in the country. These are some shipway on how PAGCOR stretched their overhauling hand to help the Filipinos and the Philippine government itself. These are also the lots ways to ease the burdens of our government. Community To continue being a responsible and responsive partner of the Philippine government in its nation-building programs. This is one of the missions of PAGCOR. As stated in its mission, PAGCOR is one with the Filipino in this journey. PAGCOR hopes to be a can-do partner of our government in ever-changing the course of Philippine history towards national development and progress.The company facilitates programs for the progression of the Filipino Community. In golf club to attain its mission, PAGCOR, held the pursuit projects PAGCOR distri savees relievo goods to 10,000 families affect by Habagat inundate, get hold with this project, PAGCOR distributed allayer 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 essential 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. said this is only the first tranche of the agencys Habagat relief operations. We have allocated a total budget 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 more of our countrymen who were badly modify by this late(a) 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 wiped out(p) by providing rationalize medical examination and alveolar consonant services via its medical missions.These missions, which were mostly conducted in depressed areas and those beaten-up by calamities, aim to conduct government and the company finisher to its constituents by providing basic health services. Furthermore, PAGCOR, in coordination with the subdivision of Social offbeat and Development (DSWD) and the department of discipline (DepED), developed the PAGCOR aliment Program to add existing government feeding programs and to help address the declension malnutrition situation in the country. This project was made possible with partner school-beneficiaries, which fork outd balanced meals to undernourish child ren from targeted day-care centers and public elementary schools in selected areas. PAGCOR has been implementing projects that are very useful in our very own Philippine community.PAGCOR is doing their best in reaching out the depressed areas and the native to let feel that PAGCOR isnt all closely gambling, but also ready to stretch their hand to those communities in postulate. Employees more than health benefits for PAGCOR employees. Philippine Amusement and Gaming Corporation (PAGCOR) Chairman Efraim Genuino announced yesterday that the agencys 10,000 employees would short be receiving a larger and better health care benefits mailboat following a very ample year. Genuino noted that PAGCORs profits rose 21 percent in October in spite of the economic drop ca utilize by the Sept. 11 terrorist attacks in recent York and Washington. This is my way of thanking, on behalf of President Arroyo, the 10,000-strong PAGCOR custody which worked doubly leaden to break revenue reco rds this year condescension the debilitating effect of a oecumenical economic crisis, Genuino said. It provide be recalled that one of Genuinos first acts as Pagcor chief was to extend the salaries of all personnel. Prior to his appointment by the President, employees lamented that their salaries had remained stagnant for 15 years. The new health care program lead substantially increase the present hospitalisation budget which employees and officers can avail of. It leave alone also provide generous subsidies for maternity cases and ensure a faster treat system of all health claims, Genuino said.Furthermore, Genuino has logical the setting up of a state-of-the art health infrastructure program through the establishment of modern outpatient clinics complete with a laboratory, an x-ray room and pharmacy. Dental clinics result also be put up at all casino branches and at the PAGCOR incorporate office. Mentioned above are the PAGCORs ways of go the favor to their employee s. These are also the corporations way of somehow thanking their lovemaking 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 fulfill from their benefits. surround PAGCOR takes its corporate social responsibility to another take as it goes kilobyte and supports projects about(predicate) environmental protection.In tandem with the National Convergence initiatory (NCI) Project, PAGCOR is funding and actively undertaking re-afforestation and related activities not only in our remaining forests but also in various locales under threat of eroding and degradation. It also supports the E-Kawayan project which aims to regenerate bamboo plantations nationwide and exploit the umteen 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 revi talizing bamboo culture, reforest bamboo suppuration regions for environmental protection. The said project complements the Department of Environment and inhering Resources (DENRs) National discolor Project (NGP) since it is set to reforest 322 hectares of land with bamboo plants which would lead to wearing prevention and set up protection in the area.The said corporation also provides funds for turning illicitly 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 recycling as it launched a project converting used slot machine stands into school desks which are donated to cardinal public schools. Lastly, PAGCOR express support to the Kapit Bisig Para sa Ilog Pasig (KBPIP), a project spearheaded by the ABS-CBN Foundation, in concert with the Pasig River Rehabilitation Commission and Department of Environment and inborn Resources. This project aims to rehabilitate and full-strength the Pasig River from 2009-2015 with the Estero de Paco as its buffer zone site.These projects only prove that PAGCOR is not just a corporation but a environment-concerned one. These are the ways on how they promote the preservation and renovation of our environment. Economy Philippine Amusement and Gaming Corporation or PAGCOR, with its chain of casinos and other businesses, contributes much to the Philippine miserliness. From their large income, the tourists they attract, the jobs they give to a number of Filipinos and up to the investors they convey into the country, they only prove that they are not just about gambling but an asset to the countrys 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 explore what the country can suffer.Large number of customers and gamers, both foreigners and Filipinos, also means large amount of income not just for the corporat ion 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 culmination into the country in concert with these visitors from different places. PAGCOR currently operates 13 casinos in different places all over the country like subway Manila, Tagaytay City, Pampanga, Cebu, and others. With this, they already gave about 12,000 jobs to the Filipinos which will soon be increase with the upcoming projects of the company. This, already, is a bigger help to the countrys declivity problem on usance.They are also pitch foreign investors in the country together with the rise of the entertainment City Manila or apparently PAGCOR City in the year 2016. It is Asias Las Vegas-like gaming and entertainment conglomerate that PAGCOR proposed way back in April 2008 to aim on 8 km? of land on the reclamation area of Manila Bay, Philippines. The obj ective is to catch up with at least 10 percent of the annual $115-billion gaming revenue in the world. According to vice president Jejomar Binay, The project will be a big boost to the economy. It will bring investors and visitors and this will provide employment and livelihood 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 forms of sanitary family entertainment which will encourage tourists to go together with their families. PAGCOR helps the economy more than we give them credit for. Because of the green connotation that comes with their name like gambling, 1-billion coffee use of goods and services and the different cases filed against the officials of the corporation we failed to see the benefits they brought to the country. IV. Pictures 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 Reaching 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 checkup / DENTAL MISSIONS PAGCOR reaches out to the indigent and impoverished by providing free medical and dental services via its medical missions. PAGCOR FEEDING political platform PAGCOR, in coordination with the Department of Social Welfare and Development and the Department of Education, developed the PAGCOR provide Program to subjoining existing government feeding programs and help address the worsening malnutrition situation in the country. PAMASKONG HANDOG PROJECT The Pamaskong Hand og 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 record into school chairs. transition OF USED schedule MACHINE STANDS TO schooltime 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 to a greater extent 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-re sponsibility. php http//www. blog. pagcor. ph/ http//www. pagcor. ph