Connect with us

Asia

PAGCOR turns over P571 million grants to eight LGUs

Published

on

Reading Time: 2 minutes

 

The Philippine Amusement and Gaming Corporation (PAGCOR) turned over a total of P571.58 million to the provinces of Pampanga, Bataan, Zambales, Nueva Ecija, Aurora, Ilocos Norte, Masbate and Leyte on June 28, 2022.

PAGCOR Chairman and CEO Andrea D. Domingo said the financial grants will be used for the upgrading of hospital equipment and augmentation of the local governments’ medical facilities.

The province of Pampanga received P190.5 million. Of this amount, P100 million was allotted for the completion of Pampanga Provincial Hospital – Clark Annex as instructed by former President Rodrigo Duterte, while the remaining P90.5 million will be used for the procurement of 40 units of dialysis machines and one unit of CT scan machine.

Pampanga’s Provincial Administrator Atty. Charlie Chua said the hospital will cater to around 125,000 employees in Clark and other patients from nearby provinces. “Yung dialysis machines at CT scan naman ay gagamitin sa dalawang dialysis centers sa Districts 4 at 2 na itatayo sa Pampanga,” he added.

Meantime, the province of Bataan received P102.06 million which will be used for the procurement of various medical/hospital equipment for the COVID-19 facility and Mariveles District Hospital (MDH)-Imaging and Diagnostic Center of the province.
MDH Chief Doctor Hector T. Santos said the donation will enable them to cater to more patients after serving as a COVID facility for two years.
“Early this year lang kami nakapag-resume ng operations ng lahat ng services. Kaya napakalaking timing ng grant ng PAGCOR. Una, magagamit ito sa pagpapa-gawa ng temporary ICU para kung magka-surge ulit ng COVID, prepared tayo. Second, i-a-upgrade natin ang ospital at makakabili na tayo ng diagnostic modalities, like CT Scan, Ultrasound, mga Digital X-Ray. Sabi nga ni Gov. Alberto Garcia, kung napakalaki ng province at development, ang healthcare hindi dapat napapag-iwanan,” Santos shared.
The provinces of Zambales and Nueva Ecija, meanwhile, received P100 million each.

According to Zambales Provincial Legal Officer Atty. Jo Ellaine Collado, the financial grant will be utilized to upgrade their provincial hospital. “Currently, our hospital is under level 2. But with the P100 million-donation from PAGCOR, we will get to level 3 to increase our bed capacity from 150 beds to 300 to 500, hopefully” she said.

Nueva Ecija Provincial Administrator Atty. Alejandro Abesamis said they will use the donation for the procurement of one unit of MRI machine and three units of ambulance.

Other provinces that received financial grants were Aurora (P54 million for the procurement of one unit of 64-slice CT scan equipment, anesthesia machine, and construction of a building to house the facilities) and Ilocos Norte (P15.05 million for the procurement of various hospital equipment).

Also, the municipality of Baybay in Leyte received P3.97 million for the purchase of various medical equipment intended for Immaculate Conception Hospital. The municipal government of Balud, Masbate also received P6 million for the construction of one unit school building, procurement of books, journals latest editions, furniture and fixtures, and laboratory equipment.

The recipients expressed their gratitude to PAGCOR for the agency’s generosity and timely support.
In the past six years (2016 – 2022), PAGCOR has infused more than one billion to several health-related programs of the national government and several public medical institutions, on top of its mandated contributions.

Powered by WPeMatico

Continue Reading
Advertisement

Asia

PAGCOR Enforces Accreditation for All iGaming Service Providers by 2026

Published

on

pagcor-enforces-accreditation-for-all-igaming-service-providers-by-2026

Reading Time: < 1 minute

 

The Philippine Amusement and Gaming Corporation (PAGCOR) has given gaming affiliates, developers and support service providers until early 2026 to comply with its newly implemented B2B Accreditation Framework, a regulatory system that formalises participation in the iGaming supply chain.

Companies that submit applications by December 31, 2025, will qualify for a three-year initial accreditation, while unaccredited foreign content providers face removal from licensed platforms after March 31, 2026.

The framework, which took effect on October 2, sets mandatory accreditation requirements for all third-party entities providing gaming content, systems or technical support to PAGCOR-licensed operators.

Accreditation covers several categories, including gaming affiliates, game content providers (GCPs) and support service providers (SSPs). Gaming affiliates may act as aggregators that distribute multiple game titles to operators, while GCPs are developers or studios supplying electronic game software or live-streamed content.

Accreditation is valid for two years from the date of PAGCOR Board approval, an increase from the previous one-year term.

Foreign data or content streaming providers that fail to secure accreditation by the March 2026 deadline will have their content deemed “non-compliant and unauthorized.” They may appoint a Philippine-registered company or a PAGCOR-accredited Gaming System Administrator as their exclusive distributor instead of setting up a local office.

PAGCOR has warned that licensed operators using unaccredited service providers may face sanctions.

The post PAGCOR Enforces Accreditation for All iGaming Service Providers by 2026 appeared first on European Gaming Industry News.

Continue Reading

Aquisitions/Mergers

Gregorio Araneta to Sell its Entire 57% Stake in PhilWeb to Nexora Holdings and Velora Holdings

Published

on

gregorio-araneta-to-sell-its-entire-57%-stake-in-philweb-to-nexora-holdings-and-velora-holdings

Reading Time: < 1 minute

Philippine eGames provider PhilWeb’s principal shareholder Gregorio Araneta Inc (GAINC) is going to sell its entire 57% stake in PhilWeb to Nexora Holdings Inc and Velora Holdings Inc for a total consideration of Php1.8 billion (US$30.8 million), representing 829,574,354 common shares.

GAINC is owned by Gregorio “Greggy” Araneta III, a member of the powerful Araneta family and the brother-in-law of Philippines President Ferdinand Marcos Jr.

Given that the transaction would involve control of more than 35% of the outstanding voting shares of PhilWeb, the buyers will be required to conduct a mandatory tender offer to remaining shareholders to acquire full control of the company as per local laws.

PhilWeb noted that the buyers are closely linked to the company, with current PhilWeb President & Director Edgar Brian K. Ng also serving as President, Chairman & a Director of Nexora, while current PhilWeb Vice Chairman and Director Crisanto Roy B. Alcid is a Director and the Treasurer of Nexora.

The post Gregorio Araneta to Sell its Entire 57% Stake in PhilWeb to Nexora Holdings and Velora Holdings appeared first on European Gaming Industry News.

Continue Reading

ArenaPlus

DigiPlus Announces Partnership with Bayad

Published

on

digiplus-announces-partnership-with-bayad

Reading Time: 2 minutes

DigiPlus Interactive Corp. (DigiPlus), the pioneer in digital entertainment in the Philippines, announced an exclusive partnership with Bayad, a trusted authority in bills payment services, to expand over-the-counter (OTC) or physical payment options for players of BingoPlus, ArenaPlus and GameZone.

The partnership was formally signed on October 8, 2025, led by top executives from both companies: Eusebio H. Tanco, Chairman of DigiPlus; Jasper Vicencio, President of AB Leisure Exponent Inc., a subsidiary of DigiPlus; Ray C. Espinosa, Chairman of Bayad; and Lawrence Y. Ferrer, President and CEO of Bayad. The agreement is effective immediately, making DigiPlus Bayad’s only gaming partner for OTC cash transactions.

Through this collaboration, DigiPlus customers gain access to Bayad’s extensive network of payment touchpoints, present across 800+ Bayad Center branches and Bayad Partners in malls, supermarkets and convenience stores nationwide.

Bayad is accredited by the Bangko Sentral ng Pilipinas (BSP) as an Electronic Money Issuer (EMI). DigiPlus partners only with BSP-accredited payment channels in accordance with the requirements of the Philippine Amusement and Gaming Corporation (PAGCOR), ensuring that all player wallet transactions are processed through secure and compliant payment platforms.

BingoPlus, ArenaPlus and GameZone players can now make cash-ins or deposits through Bayad. Additional features including cash-outs or withdrawals and access through the Bayad App will be rolled out in next phases, providing DigiPlus customers with more options to manage their funds conveniently and safely.

“At DigiPlus, our priority is to deliver engaging entertainment while ensuring safe and reliable services for our players. This partnership with Bayad provides customers with more secure and convenient ways to manage their transactions, reinforcing our commitment to player protection and dependable service at every touchpoint,” said Eusebio H. Tanco, Chairman of DigiPlus Interactive Corp.

“Today, we take another meaningful step forward through our partnership with DigiPlus. Together, we’re expanding access to digital channels and offering new, engaging, and responsible ways for Filipinos to experience convenience and entertainment made possible by accessible and inclusive financial services,” said Atty. Ray C. Espinosa, Chairman of the Board at Bayad.

The Bayad payment channels partnership adds to DigiPlus’ growing customer service network and player support, which already includes its in-house 24/7 customer support, 130+ physical BingoPlus stores nationwide and a surety bond for player wallets. These expanding service touchpoints reflect DigiPlus’ continued commitment to delivering digital entertainment with safe, reliable and accessible service for Filipinos.

The post DigiPlus Announces Partnership with Bayad appeared first on European Gaming Industry News.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania