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Barbers also proposed amending the Cybercrime Law to address the rampant issues of online gambling, hacking, and investment scams, which have provided new platforms for organized crime syndicates. But for Pagcor-owned casinos, the electronic gaming machines (EGMs) or slot machines segment makes up the bulk of their gross gaming revenue. Aside from regulating casinos, Pagcor also operates its own Casino Filipino-branded network nationwide. Things started to change in 2008 when the Arroyo government decided to open up the Philippine gambling market to the world, essentially removing Pagcor’s monopoly. Since 1976, the Philippine Amusement and Gaming Corporation (Pagcor) has been overseeing games of chance, particularly casino gambling.
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- Other beneficiaries of Pagcor’s revenue include the Philippine Sports Commission, Board of Claims, cities that host Pagcor casinos, as well as the social fund for projects of the Office of the President.
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