PAGCOR Plans to Launch Online Casino Brand in 2024
Share This TagsThe Philippine Amusement and Gaming Corporation (PAGCOR) is set to launch its own online casino the regulator and operator announced late last week in the form of “casinofilipino.com.” PAGCOR aims to attract a global audience and establish a virtual presence in communities across the globe. This expansion not only promises to bolster revenues and market reach, but also guarantees heightened efficiency and customer engagement it said in the announcement.
PAGCOR says its online casino will transcend the realms of reality through state-of-the-art virtual reality technology. Envision being able to engage with digital renditions of your beloved casino games, all from the comfort of your own home. This “realistic and immersive” encounter is slated to launch in the first quarter of 2024.
Yet PAGCOR’s modernization plan does not halt there. The corporation is also revamping its land-based operations it is currently in talks with manufacturers, PAGCOR aims to replace obsolete slot machines with 3,500 cutting-edge Electronic Gaming Machines.
By investing in Information Technology programs and systems, PAGCOR endeavors to streamline compliance requirements, fortify security measures, and optimize financial management. Armed with real-time reporting and analytics, PAGCOR remains at the forefront of the industry, making data-driven decisions that propel them to the apex of their game.
The results of PAGCOR’s modernization plan aims for the corporation’s revenue skyrockets to unprecedented heights. In the first half of 2023 alone, PAGCOR recorded a staggering P36.21 billion in income, an exceptional increase of 35.64% compared to the previous year. The Philippine industry’s gross gaming revenue (GGR) also soared to astounding levels, reaching an impressive P136.37 billion, marking a remarkable surge of 48.7%. PAGCOR’s revenue in H1 2023 nearly matches pre-pandemic levels, a testament to their resilience and adaptability.
But hold on, for PAGCOR has one final ace up its sleeve. Brace yourself for the imminent launch of their inaugural online casino, Casino Filipino, in early 2024. By wholeheartedly embracing the realm of iGaming, PAGCOR aims to sustain their growth and conquer new territories. Prepare for a gaming revolution that will captivate players and enthusiasts alike.
PAGCOR’s modernization plan is a game-changer, fundamentally reshaping the entire casino industry. By embracing technology and innovation, PAGCOR is setting an unparalleled standard for gaming experiences. The amalgamation of a cutting-edge online platform, unparalleled slot machines, and optimized IT systems will undoubtedly attract a broader audience, redefine the industry’s landscape, and pave the way for an exhilarating future.
As PAGCOR continues to adapt and thrive in this digital era, players and enthusiasts can eagerly anticipate a gaming experience like no other. Whether you yearn for the allure of a virtual casino or the thrill of traditional games with a modern twist, PAGCOR’s modernization plan promises to deliver an unparalleled level of entertainment the organisations says.