PAGCOR is planning to upgrade Casino Filipino with new slots and tables.
In an effort to revitalise their gaming establishments, the Philippine Amusement and Gaming Corporation (PAGCOR) is planning to introduce modernised slot machines and refurbished table games at their Casino Filipino venues. This move aims to revive the pre-pandemic levels of revenue generated by their casinos.
Following repeated appeals for PAGCOR to divest its domestic casinos and concentrate solely on regulation, CEO Alejandro Tengco revealed that gambling revenue has nearly reached pre-pandemic levels, with 2023 projections potentially surpassing the record-high GGR of 2019, following a year under the new administration of President Ferdinand Marcos Jr.
PAGCOR has stated that enhancing their casino Filipino establishments will boost the brand’s worth ahead of their intended sale of the casinos.
Additionally, PAGCOR has stated that they will be launching a cutting-edge 3D online casino under the Casino Filipino brand; however, it is yet unclear if citizens of the Philippines will be able to use the site. 32 online casinos are presently active in the Philippines, serving overseas markets despite being prohibited from providing services to residents of the country, according to Reuters.
Residents of the Philippines have access to offshore online casinos that are run by reliable gaming authorities. Although there have been proposals to make offshore casinos illegal, they are nonetheless permitted and lawful to operate as of right now.
The games featured on casino sites are very similar to those found in domestic casinos. Online casinos do, however, provide more funding options, bonuses, reward perks, and lower wages.
Random number generators (rng) are used in online casino games to provide chances that are comparable to those seen in big Las Vegas casinos. The lone exception is the live dealer games offered by a few online casinos; however, since online casinos in the Philippines use random number generators, they are able to offer reduced buy-ins for popular games.
Popular online casino games include Blackjack, Baccarat, Roulette, Slots, Video Poker, Craps, Sic Bo, Keno, Live Dealer Games, and more.
As previously stated, PAGCOR intends to sell its casino brands by 2025 in order to concentrate entirely on the regulation of the Philippine gambling market. Early in 2024, enhancements to the Casino Filipino’s facilities are anticipated. The launch of Casino Filipino VR is likewise scheduled for 2024, although there is no firm date for the new online casino.
Additionally, PAGCOR has said that by adding additional value to the properties, the renovations made to their government-owned casino facilities may hasten the sale of the establishments.
