gross gaming revenue<\/a> of PHP136.37 billion ($2.5 billion).<\/p>\nTengco expressed his optimistic view that PAGCOR has the potential to surpass its pre-COVID-19 profit level by the conclusion of this year. Anticipating a notable surge in the latter half, he projected an income of PHP37 billion (US$676 million), subsequently contributing to a substantial annual income of PHP71 billion (US$1.29 billion).<\/p>\n
The No-Go Logo<\/h2>\n
PAGCOR recently updated its logo, but the results haven’t been entirely welcome. Complaints surfaced after media outlets reported that the agency spent PHP3 million (US$54,810) for the new design.<\/p>\n
Tengco defended the reports, asserting that the cost isn’t just for the logo. In addition, there were “other deliverables” that were included. Among these are manuals, stationery, brochures, and more.<\/strong><\/p>\nThe updated brand design includes what the designer, Printplus Graphic Services, meant to be a flame with shades of red and blue. This, according to Tengco, represents “energy, inspiration, passion, and transformation.” It also “represents a guiding light that helps people find their way.”<\/p>\n
The new logo will begin appearing at all of the properties PAGCOR manages across the country, and that rollout carries additional costs. As the agency tries to stabilize its image, it’s hoping that a new brand appearance will help it establish a strong foundation.<\/p>\n","protected":false},"excerpt":{"rendered":"
Despite calls for a ban on online gaming in the Philippines, the country’s gaming regulator sees a lot of opportunity. It has already said that it wants to enter the online casino space, and a new announcement about the development of a virtual reality (VR) casino is doubling down on its stance. The Philippine Amusement […]<\/p>\n","protected":false},"author":64,"featured_media":282046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,19],"tags":[81913,81871,13520],"acf":[],"yoast_head":"\n
Philippines' PAGCOR Adds Virtual Reality Casino to Online Gaming Plans - Casino.org<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n