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PAGCOR Earmarks $41M to Build Relief Centres

PAGCOR Earmarks $41M to Build Relief Centres
PAGCOR Earmarks $41M to Build Relief CentresReading Time: < 1 minute

 

The Philippine Amusement and Gaming Corp (PAGCOR) has announced that it has earmarked P2bn ($41.5m) for the construction of over 30 multi-purpose evacuation centres for communities hit by the Ulysses typhoon. The regulator aims to build 32 centres in 31 cities.

“As part of the government’s long-term response to climate change, which caused the successive strong typhoons that slammed the country, PAGCOR allocated P2 billion for the construction of multi-purpose evacuation centers (MPEC) in typhoon-prone provinces,” PAGCOR said.

Andrea D. Domingo, Chairwoman and CEO of PAGCOR, stressed that the state-run gaming agency would allocate the funds despite its significant drop in revenue due to the suspension of gaming operations and strict community quarantine measures owing to the Covid-19 pandemic. In Q3 2020, the regulator’s income fell by 60% year-on-year to Php22.33bn.

“The Filipinos have suffered a lot this year – from the global pandemic to a series of destructive typhoons. Hence, despite our revenue losses, we have committed to provide a long-term solution to the most vulnerable sectors and communities,” Andrea D. Domingo said.

“We deeply empathize with them. In fact, PAGCOR has already deployed teams in hard-hit provinces such as Albay, Camarines Sur, Catanduanes, Marikina, Isabela and Cagayan to provide immediate relief. But with the construction of MPECs in typhoon-prone areas, we hope that we can help safeguard the lives and welfare of many Filipinos,” Domingo added.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: PAGCOR Earmarks M to Build Relief Centres

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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