Recently, the Philippine Amusement and Gaming Corporation (PAGCOR) marked a significant milestone with a celebratory ceremony at its new corporate office in Pasay City. Led by PAGCOR Chairman and CEO Alejandro H. Tengco, the event not only commemorated 41 years of the organization’s contributions but also underscored its pivotal role in the nation’s economic landscape.
Ceremony Highlights
The ceremony commenced with a solemn Holy Mass, jointly officiated by Fr. Tito Caluag and Fr. Jojo Aguas, symbolizing spiritual blessings for the occasion. The atmosphere then shifted to one of festivity with a lively dragon dance performance, symbolizing prosperity and good fortune, followed by an electronic cash raffle, highlighting PAGCOR’s commitment to its employees’ welfare and engagement.
Chairman’s Address
Chairman Tengco took the stage to honor PAGCOR’s workforce, recognizing their dedication and resilience as foundational to the organization’s enduring success. He expressed gratitude, acknowledging their collective effort in sustaining PAGCOR’s mission over the years.
“I thank each and every PAGCOR employee who has contributed in different ways to help us celebrate another year of existence. We wouldn’t have reached our 41st year without your perseverance and prayers,” remarked Chairman Tengco.
Vision for the Future
Looking ahead, Chairman Tengco emphasized the importance of unity and collaboration among employees to further strengthen PAGCOR’s position as a cornerstone of economic development in the Philippines.
“I honestly believe that if we’ll just work hand-in-hand, we can make PAGCOR a stronger corporation that we can all be proud of,” he affirmed.
PAGCOR’s Economic Contribution
PAGCOR’s impact on the nation’s economic landscape remains substantial, evident in its significant financial contributions. In the first half of 2024 alone, PAGCOR contributed Php31.82 billion (US$545 million) towards national development initiatives, solidifying its role as one of the government’s leading revenue generators.
As PAGCOR celebrates its 41st anniversary, the ceremony not only honored the past achievements but also set a hopeful tone for the future. With a renewed commitment to excellence and collaboration, PAGCOR continues to play a crucial role in shaping the economic trajectory of the Philippines.