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PAGCOR turns over P19.5 million worth of financial grants to various beneficiaries


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PAGCOR turns over P19.5 million worth of financial grants to various beneficiaries
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The Philippine Amusement and Gaming Corporation (PAGCOR) turned over a total of P19.5 million worth of financial grants to various organizations and local government institutions.

The Kaginhawaan Development Institute, Inc. (KDI), Organization of Student Services Educators, Inc. (OSSEI), Wounded Soldiers Agriculture Cooperative (WSAC), Provincial Government of Isabela and Barangay Bautista, City of San Pablo, Laguna were the latest recipients of PAGCOR’s funding.
Of the P19.5 million donations, the lion’s share of P12.5 million went to the Davao-based KDI. The grant, according to KDI’s Chief Operating Officer and Program Manager Arvin Carlom, will be used for the Integrated Livelihood Expansion for Marketing and Agri-Learning Program that KDI is spearheading.

KDI is a non-stock, non-profit organization that caters to poor farmers, fisher folk, indigenous people, women, and children. They also implement projects on disaster relief in the Davao Oriental province.

Meanwhile, WSAC Chairperson Captain Jerome Jacuba represented the Batangas-based cooperative during the ceremonial turnover of P 1.83 million. The donation will be used for the procurement of a service van.
The WSAC is a duly registered cooperative founded on December 2018. Their members are disabled soldiers who were wounded in action. Majority of them are also casualties from the 2017 Marawi siege.

The WSAC facilitates livelihood and skills training for wounded soldiers in their five-hectare headquarter in Nasugbu, Batangas. Mushroom production and swine raising are examples of the agricultural livelihood trainings they offer.

The cooperative also conducts computer training and domestic appliance repair for wounded soldiers who wish to go back to service. Said skills enhancement program will equip them with skills that will help them continuously become productive in spite of their disability.

The University of the Philippines (UP) Diliman – based OSSEI and the local representatives from the Provincial Government of Isabela and Barangay Bautista in San Pablo, Laguna each received financial grants from PAGCOR worth P 2.46 million, P2.36 million and P366,400, respectively.

According to OSSEI President Bella Villanueva, the donation from PAGCOR will be utilized for the procurement of various hospital equipment for the UP- Health Service.

Also, the Provincial Government of Isabela will use the grant for the procurement of oxygen concentrators with nebulizer for various hospitals in the province, while Barangay Bautista will procure ten laptop computers, one desktop computer, and three units of printer with scanner for the Fernando A. Quisumbing Elementary School.

Asia

SCCG Management Unveils SCCG ASIA – A Regional Campaign Led by Kent Jenkins from SCCG’s New Office in Bangkok, Thailand

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SCCG Management, a leading management advisory firm specializing in the gaming industry, is proud to announce the launch of its new regional campaign, SCCG – ASIA. The campaign aims to provide management advisory services to Casino, iGaming, Sports Betting, and Esports companies in Asia, as well as provide solutions and resources for existing SCCG client partners looking to enter Asia’s gambling market.

SCCG – ASIA will be led by Kent Jenkins, who has been appointed as the Director of the campaign. With decades of experience in international management throughout Asia, Kent brings to SCCG Management a very high level of knowledge and expertise and is well-positioned to lead the campaign from the new SCCG office located in Bangkok, Thailand.

“We are excited to announce the launch of SCCG – ASIA and to have Kent Jenkins at the helm,” said Stephen Crystal, Founder and CEO of SCCG Management. “We believe that the Asian market for the gambling industry is poised for significant growth and we are confident that this regional campaign will help our client partners navigate this dynamic market and achieve success.”

Kent Jenkins said, “I am thrilled to join SCCG and take on the role of leading the regional campaign for SCCG – ASIA. I am eager to work with Stephen and his talented team of industry leaders boasting over 30 years of experience in the gambling industry. I’m excited to utilize my resources and experience to drive growth and success for SCCG in the region.”

SCCG – ASIA will provide a full range of management advisory services, including strategic planning, market analysis, business development and operational support. With a team of experienced leaders from the gaming industry, SCCG – ASIA will empower companies to reach new heights in the Asian market.

The Asian market presents a significant growth potential for companies in the gambling industry as it offers a large customer base due to the continent’s high population, as well as a growing middle class with disposable income. Additionally, the online and mobile gambling market is rapidly growing in Asia, providing opportunities for companies to reach customers through digital channels. Furthermore, some Asian governments are actively encouraging foreign gambling companies by offering tax breaks and other incentives, and some countries are looking to legalize gambling which could open up new opportunities. Overall, the Asian market presents a significant growth potential for companies in the gambling industry.

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Asia

Alvin Chau Sentenced to 18 Years in Prison

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Alvin Chau, one of Macau’s high-profile gambling promoters, has been sentenced to 18 years in prison for racketeering and illegal gambling activities.

Chau was the former chairman of Suncity Group, a Macau-based company that helped promote gambling by lending credit to high rollers. Macau is the only region in China where gambling in casinos is legal.

Chau was ordered by the court to pay the Macau government more than HK$6.5 billion ($830 million) as well as $22.7 million to $98 million to a number of casino operators.

Chau was first arrested in China’s eastern province of Zhejiang on November 2020.

After his arrest, experts said that the move signalled a tougher stance on gambling in Macau by the Beijing authorities.

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Asia

Survey Shows Macau Gaming Service Improved Last Year

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An index measuring gaming service in Macau continued to rise last year compared to a year earlier. However, it also illustrated a trend hovering downwards when it came to casino workers’ tolerance towards guests.

The results of the Macau Gaming Service Index was revealed by the Macau Gaming Research Association, a collaboration with SGS Hong Kong, which described itself as an inspection, verification, testing and certification company on its website.

The survey enlisted mystery shoppers who descended on casinos at the city’s six integrated resorts in the second half of last year.

The index stood at 138 in the last quarter of 2022, a 6% increase compared to the same period a year earlier when it was just 130, and 129 in 2019 before Covid unfolded.

In spite of an improvement overall, the “tolerance” index – one of three components that make up the overall index – pointed to a trend dipping downwards since 2019.

It stood at 99 in the fourth quarter of last year, the third consecutive year with a score less than 100 – a 2013 base score against which casino workers’ patience is measured.

A total of 864 employee samples were gleaned during the survey, with mass-market gaming areas concerning 12 properties visited by the mystery shoppers.

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