Philippines Amusement and Gaming Cooperation (PAGCOR) intends to open its own casino in the first quarter of year 2024. The online platform will launched under the brand CasinoFilipino and players will be able to enjoy most popular games on casinofilipino.com website. PAGCOR Casino
PAGCOR Chairman and CEO Alejandro H. Tengco enthusiastically revealed this during his keynote address during the SiGMA Asia Summit 2023 opening ceremony at the SMX Convention Center in Pasay City on July 20, 2023
Tengco stated that the virtual reality-based technology that the online Casino Filipino intends to use can simulate the sights and sounds of a genuine casino, hence giving a realistic and immersive gaming experience.
It will allow players to interact with the digital counterparts of traditional casino games. It will also transcend physical boundaries and will enable users from around the world to interact and participate in virtual environments. It can reach a global audience and can establish a presence in virtual communities of avid gamers. It will likewise offer an opportunity to tap into new markets and diversify its customer base
He continued by saying that the Filipino online casino will “bring several benefits and opportunities such as increased revenue, extended reach and market expansion, cost efficiency, and enhanced customer engagement.”
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In addition to the opening of the new gaming option, Tengco emphasized the need to update PAGCOR’s slot machine operations in order to maintain growth momentum.
We have already taken the preliminary steps and entered into negotiations with different manufacturers for the modernization of our slot machines. We expect our customers to have a renewed gaming experience as we endeavor to enhance our game offerings by replacing our old machines with a total of 3,500 brand-new units of Electronic Gaming Machines under a lease agreement between PAGCOR and the manufacturer.
The state-run gaming and regulating organization’s information technology (IT) programs and systems will be developed as part of the modernization strategy to enable PAGCOR’s Casino Management System get even better.
This will play a pivotal role in improving PAGCOR’s casinos in terms of operational efficiency, enhancing customer experience, facilitating real-time reporting and analytics, ensuring security and fraud prevention, optimizing financial management and streamlining compliance requirements. PAGCOR Casino