PAGCOR to Add 2,000 New Slot Machines to Casino Filipino

PAGCOR to Install Nearly 2,000 New Slot Machines at Casino Filipino in Major Modernisation Drive

The Philippine Amusement and Gaming Corporation (PAGCOR) is gearing up for a significant upgrade at its Casino Filipino venues nationwide. As part of a broader push to modernize its gaming facilities and attract investors, PAGCOR is set to install approximately 2,000 new slot machines by mid-September. This move is a strategic effort to boost foot traffic, enhance player experience, and increase the overall value of the properties as PAGCOR prepares for the privatisation of its casino operations.

Boosting Casino Filipino’s Appeal with Modern Slot Machines

PAGCOR Chairman and CEO Alejandro H. Tengco announced the upcoming deployment of the slot machines during his keynote address at the Inside Asian Gaming (IAG) Academy Summit held at the Hilton Manila. He emphasized that this addition is a crucial part of PAGCOR’s ongoing efforts to elevate the gaming experience across Casino Filipino branches, aiming to make them more competitive and attractive to both players and potential investors.

“The arrival of these new slot machines will significantly level up the game offerings of Casino Filipino,” Tengco said. “By modernising our gaming facilities and equipment, we aim to increase their value, making them more appealing as we move toward the planned privatisation of PAGCOR casinos.”

A Strategic Step Towards Privatisation and Increased Profitability

The installation of the new slot machines is part of PAGCOR’s comprehensive modernisation program, which includes updating gaming equipment, refurbishing casino venues, and implementing cutting-edge technologies to streamline operations. In total, PAGCOR has ordered 3,341 new slot machines, with the first batch of 1,968 units expected to arrive in early September.

Tengco underscored that these upgrades are not just about aesthetics but also about creating a more engaging environment that encourages longer play and repeat visits. The fresh array of slot machines will feature popular titles, advanced graphics, and dynamic gameplay, catering to the evolving tastes of Filipino and international players alike.

Revenue Growth and Future Prospects

PAGCOR’s latest move comes amid a backdrop of robust growth in the Philippine gaming sector. The regulator recently reported a Q2 gaming revenue of PHP 89.23 billion (US$1.56 billion), marking a 32.3% year-on-year increase. This surge was driven by the strong performance of the e-games sector, which saw an impressive 525% growth.

The introduction of new gaming machines is expected to further bolster PAGCOR’s revenue streams, helping the agency meet its ambitious year-end target of PHP 335 billion (US$5.96 billion) in industry gross gaming revenue. This proactive approach not only enhances the player experience but also strategically positions Casino Filipino as a valuable asset in the eyes of prospective investors.

Navigating Challenges and Expanding Opportunities

Beyond its modernisation efforts, PAGCOR is also addressing broader challenges in the industry. Recently, the agency appealed for the protection of outsourcing companies serving US and UK operations, following the nationwide ban on Philippine Offshore Gaming Operators (POGOs) announced by the President in July. This highlights PAGCOR’s commitment to safeguarding the interests of legitimate gaming businesses while adapting to regulatory shifts.

PAGCOR’s decision to install nearly 2,000 new slot machines at Casino Filipino underscores its commitment to enhancing the gaming landscape in the Philippines. By modernising its facilities, PAGCOR aims to attract more visitors, increase revenue, and ultimately prepare its properties for privatisation. This strategic move is expected to solidify Casino Filipino’s position as a premier gaming destination and make it a more appealing investment opportunity. As the Philippine gaming market continues to grow, PAGCOR’s focus on innovation and modernisation will play a pivotal role in shaping the future of the industry.