Philippines Regulator to Launch Global Online Casino in Q1 2024
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Government-owned Philippine Amusement and Gaming Corporation (PAGCOR) has announced that it will launch a global-facing online casino in early 2024 under its ‘Casino Filipino’ brand.
Speaking at the SiGMA Asia Summit 2023, PAGCOR Chairperson and CEO Alejandro H. Tengco revealed that Casino Filipino will use virtual reality-based technology to create a realistic and immersive gaming experience.
“It will allow players to interact with the digital counterparts of traditional casino games. It will also transcend physical boundaries and will enable users from around the world to interact and participate in virtual environments. It can reach a global audience and can establish a presence in virtual communities of avid gamers. It will likewise offer an opportunity to tap into new markets and diversify its customer base.”
he added that Casino Filipino will:
“bring several benefits and opportunities such as increased revenue, extended reach and market expansion, cost efficiency, and enhanced customer engagement.”
Tengco also outlined the modernization plan for PAGCOR that includes the development of its Information Technology (IT) programs and systems to help finetune PAGCOR’s Casino Management System.
“This will play a pivotal role in improving PAGCOR’s casinos in terms of operational efficiency, enhancing customer experience, facilitating real-time reporting and analytics, ensuring security and fraud prevention, optimizing financial management and streamlining compliance requirements.”
The global-facing casinofilipino.com is expected to go live in Q1 2024.
Jenny TangAn experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.
