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Rep. Mikaela Angela B. Suansing: good morning everyone the budget briefing is resumed please rise for the singing of the

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Rep. Mikaela Angela B. Suansing: national anthem and please remain standing for a minute of silent prayer.

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Rep. Mikaela Angela B. Suansing: Thank you, everyone.

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Rep. Mikaela Angela B. Suansing: You may take your seats. Committee secretary, please acknowledge the members and resource persons present in today's briefing

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Committee Secretary: good morning thank you madam chairperson may we acknowledge the

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Committee Secretary: following members: former President Gloria Macapagal-Arroyo; Chair Mikaela Angela Suansing;

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Committee Secretary: deputy vice chair Julienne "Jam" Baronda representative Adrian Salceda representative

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Committee Secretary: Elijah San Fernando representative Salvador Pleyto vice chair Jose Alvarez vice chair

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Committee Secretary: agustina dominique pancho representative Eulogio Rodriguez vice chair Monique Yazmin Maria

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Committee Secretary: vice chair

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Committee Secretary: seftan representative john attorney jp padernos represented mauricio domogan

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Committee Secretary: representative sarah elago representative presley de jesus representative ferdinand

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Committee Secretary: Representative Ferdinand Beltran, Representative Iris Marie Montes, Representative Dante S. Garcia,

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Committee Secretary: Representative Maria Isabel Sagarbarria, Representative Marie Bernadette Escudero, Representative Arlyn Ayon, Representative Ricardo Cruz, Jr., and Vice Chair Romeo Momo.

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Committee Secretary: May we also acknowledge our guests from the Philippine Amusement and Gaming Corporation, headed by Chairman and CEO Alejandro H. Tengco.

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Committee Secretary: Good morning, sir.

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Committee Secretary: Vice President Attorney Naealla Bainto-Aguinaldo.

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Committee Secretary: Good morning.

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Committee Secretary: Vice President Angelito Domingo.

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Committee Secretary: Vice President Sharon S.J. Quintanilla.

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Committee Secretary: Assistant Vice President Attorney Jessa Maris Fernandez.

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Committee Secretary: Assistant Vice President Maria Cheryl de Guia.

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Committee Secretary: Assistant Vice President Catalino Alano.

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Committee Secretary: Assistant Vice President Eric Balcos.

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Committee Secretary: Good morning.

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Committee Secretary: And may also acknowledge the additional members.

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Committee Secretary: Present today, Representative Isidro Lumayag, Vice Chair Brian Poe, Vice Chair Josefina Tallado, and Vice Chair Jasneel Babayap.

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Committee Secretary: That's all, Madam Chair.

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Rep. Mikaela Angela B. Suansing: Thank you very much, ComSec.

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Rep. Mikaela Angela B. Suansing: To our distinguished colleagues, to our former President Gloria Macapagal-Arroyo, to PAGCOR officials headed by Chairman and CEO Alejandro H. Tengco,

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Rep. Mikaela Angela B. Suansing: and our resource persons, good morning.

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Rep. Mikaela Angela B. Suansing: I'd like to, first of all, say thank you to our PAGCOR officials, to Chairman Alejandro H. Tengco for being flexible with the rescheduling.

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Rep. Mikaela Angela B. Suansing: The hearing for PAGCOR and PCSO were supposed to be last Tuesday, but in light of the inclement weather, we had to move it to Monday.

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Rep. Mikaela Angela B. Suansing: So thank you, Chair Al, and to the PAGCOR officials for your flexibility and for making time for today's briefing.

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Rep. Mikaela Angela B. Suansing: Today's hearing will review PAGCOR's budget performance and its continuing contribution to the national government.

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Rep. Mikaela Angela B. Suansing: contribution to the national government through taxes, dividends, and contributions to nation

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Rep. Mikaela Angela B. Suansing: building. For fiscal year 2026, PAGCOR's income and net income are projected to be lower than

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Rep. Mikaela Angela B. Suansing: the assumptions underlying its approved corporate operating budget. The committee would like to seek

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Rep. Mikaela Angela B. Suansing: clarification on the reasons for these downward revisions, and we would also like to request for

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Rep. Mikaela Angela B. Suansing: an update on the implementation of capital projects, as well as status of remittances to

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Rep. Mikaela Angela B. Suansing: the Philippine Sports Commission. For fiscal year 2027, we expect a realistic and sustainable budget

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Rep. Mikaela Angela B. Suansing: that safeguards government revenues, improves project implementation, and strengthens the

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Rep. Mikaela Angela B. Suansing: regulation of gambling, whether online or otherwise. At the end of this briefing, we hope to better

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Rep. Mikaela Angela B. Suansing: understand how PAGCOR can remain a reliable

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Rep. Mikaela Angela B. Suansing: source of government funds while responsibly addressing the social effects of gambling.

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Rep. Mikaela Angela B. Suansing: With that, may I now respectfully request the Chairman and Chief Executive Officer of PAGCOR,

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Rep. Mikaela Angela B. Suansing: the Honorable Alejandro H. Tengco, to proceed with the presentation on behalf of PAGCOR.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Thank you very much, Chairperson Mika Suansing, and magandang umaga po sa lahat ng miyembro ng

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PAGCOR Chairman and CEO Alejandro H. Tengco: Committee on Appropriations. Former President Gloria Macapagal-Arroyo, good morning. To all the members—well,

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PAGCOR Chairman and CEO Alejandro H. Tengco: thank you, too, for rescheduling us today. Unfortunately, we had the very bad weather past week and a half,

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PAGCOR Chairman and CEO Alejandro H. Tengco: so I know we were postponed. And we made sure that the scheduled hearing, the meeting, and the hearing were limited,

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PAGCOR Chairman and CEO Alejandro H. Tengco: so we are glad to be here today. I want to thank all our staff and the committee for their help. And thank you to them, too!

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PAGCOR Chairman and CEO Alejandro H. Tengco: which is this morning, we would be ready to present and answer to the best of our ability

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PAGCOR Chairman and CEO Alejandro H. Tengco: all the questions of the members of the committee.

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PAGCOR Chairman and CEO Alejandro H. Tengco: So this morning, we will be presenting the update on the highlights of PAGCOR's operational

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PAGCOR Chairman and CEO Alejandro H. Tengco: and financial accomplishments for fiscal year 2025, 2026, as well as our projections for 2027.

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PAGCOR Chairman and CEO Alejandro H. Tengco: For 2026, we will be reporting on the results of our first semester operations.

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PAGCOR Chairman and CEO Alejandro H. Tengco: So with your permission, Chairperson Suansing, I would like to ask our AVP, Ms. Cheryl de Guia,

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PAGCOR Chairman and CEO Alejandro H. Tengco: to start the presentation.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Thank you, Mr. Chair, for the introduction.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: To all the honorable members of the House Committee on Appropriations, headed by Chairperson

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: to our Chairperson Mikaela Suansing,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Next slide, please.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: The following slides will show our operational and financial highlights for 2025, estimates

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: for 2026, and projections for 2027.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Next slide, please.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: I will present PAGCOR's financial and operational performance

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: and PAGCOR's contributions to nation-building.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: This amount includes the 50% government share, the 5% franchise tax, and corporate income

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: tax to the Bureau of Internal Revenue.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Host city share, socio-civic projects, and the public sector.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: It includes mandatory contributions to the Philippine Sports Commission, the Renewable

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Energy Trust Fund, the Board of Claims, the Dangerous Drugs Board, sports benefits and

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: incentives to athletes and coaches who win in international competitions.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: PAGCOR is the government's third-largest revenue-generating agency,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Next slide, please.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: PAGCOR's actual total income for 2025 reached P106.03 billion,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: total revenues of $88.33 billion and will allocate around $63 billion for nation-building activities.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: PAGCOR's 2026 estimated total income is P86.95 billion,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: The current slide shows a downward trend in the operating expenses, or OPEX, over total income

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: ratio from 34.84% in 2021 to 20.38% in 2025, while net income over total income ratio improved

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: from 0.57% in 2021 to 16.48% in 2025. For January to June 2026, however,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: the OPEX over total income ratio went upward to 26.7%, while net income over total income ratio

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: PAGCOR's projected income for 2027 is P88.33 billion,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: income from 2023 to 2025 actual, 2026 estimates, and 2027 projections.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: PAGCOR projected a net income of P5.45 billion in 2027.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: while net income over total income ratio went up to 1.18% on JAN or 2.28% on PEI.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: In the case of the BIR's charter, five percent of the agencies' income from gaming operations

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: goes to the BIR as franchise tax. The 50 percent of the 95 percent balance of gaming revenues

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: goes to the National Treasury as national government's mandated income share. Half

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: of the said governments' share remitted to the National Treasury is allocated or goes

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: PAGCOR's total contributions to nation-building reached P66.95 billion in 2025,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: are given fixed amount for their respective community development projects.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: PAGCOR also allocates part of its revenues for socio-civic projects.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Pursuant to the National Internal Revenue Code,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: PAGCOR is also paying corporate income tax to the BIR.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Special laws also top PAGCOR as a major funding source for the Philippine Sports Commission,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: such as the 5% PSC share and the sports benefit and incentives for athletes and coaches.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Also, the Board of Claims and the Renewable Energy Trust Fund.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: We now go to PAGCOR's significant accomplishments in 2025 and the first semester of 2026.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: In 2025, the agency posted P95.14 billion in income from gaming operations,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: lower by P2.38 billion,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: or around 2.5% compared to the P97.52 billion in 2024.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Among the factors that declined in the gaming revenues in 2025 compared to the previous year

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: was the closure of Pogo in the middle of December 2024,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: decline in gaming revenues of PAGCOR casinos,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: as well as decline in gaming revenues of our licenses.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: While the delinking of e-wallets from online gaming platforms

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: in the third quarter of the year 2020,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: also slowed down the income.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: The agency posted P106.03 billion in total income in 2025,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: lower by P5.68 billion compared to the P111.71 billion total income in 2024.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: PAGCOR's total contribution to nation-building reached P66.95 billion in 2025,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: lower by P1.25 billion compared to the P68.20 billion contribution in 2024.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: This is due to the lower revenues in 2025.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Also in 2025, PAGCOR remitted a total of P8.31 billion in taxes to the Bureau of Internal Revenue.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Of this amount, P4.78 billion represents PAGCOR franchise tax,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: P2.63 billion within withholding taxes,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: and P0.9 billion in corporate income tax.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: On top of its contribution to nation-building,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: PAGCOR declares and remits at least 50% of its annual net earnings as cash dividends

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: to the national government.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: This is pursuant to Republic Act No. 7656 or the Dividends Law.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: For 2025, PAGCOR declared P5.67 billion in dividends.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Based on the guidelines on the operationalization,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: of the allocations appropriations for RA11223 or the Universal Healthcare Act of 2019,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: PAGCOR shall remit 50% of its gaming revenue to the Bureau of Treasury every 20th of the month

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: and 50% of it will be allocated for the UHC.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: The allocated funds shall be used exclusively for the improvement of benefits packages

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: under the PhilHealth's National Health Insurance Program.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: And PAGCOR shall be consulted in the preparation of its Medium-Term Expenditure Program Plan.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: For 2025, the 50% of the 50% government share for allocation to the UHC is around P22.56 billion.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: During the first semester of 2026, PAGCOR's total income was P43.32 billion.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Of this amount,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: P30.16 billion went to the nation building programs.

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: For the succeeding slides,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: I will now turn you over to Assistant Vice President Eric Balcos,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: Head of the PAGCOR Community Relations and Services Department,

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: to discuss other significant accomplishments and PAGCOR's

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PAGCOR Assistant Vice President Maria Cheryl I. De Guia: corporate social responsibility projects of PAGCOR.

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PAGCOR Assistant Vice President Eric I. Balcos: Magandang umaga po.

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PAGCOR Assistant Vice President Eric I. Balcos: The following slides highlight PAGCOR's additional accomplishments

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PAGCOR Assistant Vice President Eric I. Balcos: and contributions to nation building on top of its mandated contributions.

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PAGCOR Assistant Vice President Eric I. Balcos: Next slide, please.

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PAGCOR Assistant Vice President Eric I. Balcos: On March 25, 2026, PAGCOR, in partnership with the Department of Education,

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PAGCOR Assistant Vice President Eric I. Balcos: launched a nationwide school building program to help address the country's classroom shortage

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PAGCOR Assistant Vice President Eric I. Balcos: under the instructions of President Ferdinand R. Marcos, Jr.

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PAGCOR Assistant Vice President Eric I. Balcos: Under the program,

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PAGCOR Assistant Vice President Eric I. Balcos: PAGCOR has committed the amount of 7.5 billion pesos

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PAGCOR Assistant Vice President Eric I. Balcos: to fund the construction of 125 three-story 12-classroom school buildings

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PAGCOR Assistant Vice President Eric I. Balcos: equivalent to approximately 1,500 classrooms over the next two years.

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PAGCOR Assistant Vice President Eric I. Balcos: Every facility will be equipped with student chairs and tables,

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PAGCOR Assistant Vice President Eric I. Balcos: PWD-friendly amenities, electric fans, microphones, a 75-inch smart TV,

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PAGCOR Assistant Vice President Eric I. Balcos: and a one-year internet subscription.

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PAGCOR Assistant Vice President Eric I. Balcos: Site selection is determined upon the recommendation of the Department of Education

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PAGCOR Assistant Vice President Eric I. Balcos: and the capability of recipient local government units

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PAGCOR Assistant Vice President Eric I. Balcos: to complete the school buildings awarded to them.

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PAGCOR Assistant Vice President Eric I. Balcos: Next slide, please.

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PAGCOR Assistant Vice President Eric I. Balcos: In line with President Ferdinand R. Marcos, Jr.'s order

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PAGCOR Assistant Vice President Eric I. Balcos: to improve emergency and medical services in far-flung areas,

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PAGCOR Assistant Vice President Eric I. Balcos: PAGCOR has been donating

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PAGCOR Assistant Vice President Eric I. Balcos: has been donating

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PAGCOR Assistant Vice President Eric I. Balcos: patient transport vehicles to local government units,

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PAGCOR Assistant Vice President Eric I. Balcos: public hospitals, frontline agencies,

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PAGCOR Assistant Vice President Eric I. Balcos: as well as non-government organizations.

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PAGCOR Assistant Vice President Eric I. Balcos: Each vehicle is equipped with GPS,

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PAGCOR Assistant Vice President Eric I. Balcos: an ambulance stretcher, oxygen tank, wheelchair,

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PAGCOR Assistant Vice President Eric I. Balcos: and first aid kit to provide immediate medical care to those in need.

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PAGCOR Assistant Vice President Eric I. Balcos: To date, PAGCOR has donated close to 250 PTVs

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PAGCOR Assistant Vice President Eric I. Balcos: to various recipients across the country.

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PAGCOR Assistant Vice President Eric I. Balcos: the country next slide every year destructive typhoons and other natural disasters impact

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PAGCOR Assistant Vice President Eric I. Balcos: the philippines resulting in casualties and causing millions of pesos worth of losses in

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PAGCOR Assistant Vice President Eric I. Balcos: agriculture, infrastructure, and livelihood. PAGCOR helps ease the effects of natural calamities by

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PAGCOR Assistant Vice President Eric I. Balcos: providing immediate assistance to affected individuals and families in 2025 and in the

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PAGCOR Assistant Vice President Eric I. Balcos: first semester of 2026 the agency spent a total of 300 million pesos for the purchase of food and

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PAGCOR Assistant Vice President Eric I. Balcos: non-food packs for distribution in areas hit by typhoons floods earthquakes volcanic eruptions

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PAGCOR Assistant Vice President Eric I. Balcos: and fires. On July 24, 2026, PAGCOR, together with the Bloomberry Cultural Foundation, Inc.,

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PAGCOR Assistant Vice President Eric I. Balcos: the clark development corporation and the department of health

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PAGCOR Assistant Vice President Eric I. Balcos: inaugurated the Jose B. Lingad Children's Medical Center,

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PAGCOR Assistant Vice President Eric I. Balcos: the first facility completed under the clark multi-specialty medical center project

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PAGCOR Assistant Vice President Eric I. Balcos: The inauguration was graced by His Excellency President Ferdinand R. Marcos Jr.

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PAGCOR Assistant Vice President Eric I. Balcos: the state-of-the-art pediatric facility is equipped with advanced medical machines

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PAGCOR Assistant Vice President Eric I. Balcos: including ai assisted diagnostic equipment enabling faster and more accurate diagnosis

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PAGCOR Assistant Vice President Eric I. Balcos: of pediatric conditions that will significantly enhance health care delivery for children

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PAGCOR Assistant Vice President Eric I. Balcos: in Central Luzon and neighboring regions. PAGCOR contributed P360 million worth of medical

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PAGCOR Assistant Vice President Eric I. Balcos: equipment for the project while the bloomberry cultural foundation incorporated provided 1 billion

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PAGCOR Assistant Vice President Eric I. Balcos: pesos for the construction and development of the facility. That ends our report po. We wish

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PAGCOR Assistant Vice President Eric I. Balcos: to thank the House Committee on Appropriations for inviting PAGCOR today.

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Rep. Mikaela Angela B. Suansing: Thank you very much. Sir, pahingi lang po ako ng 20 seconds. May kino-compute lang po ako doon sa delta from year on year sa financial report.

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Rep. Mikaela Angela B. Suansing: Twenty seconds po, very quickly. Thank you very much, Chairman Tengco, Vice President De Guia, and

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Rep. Mikaela Angela B. Suansing: Assistant Vice President Balcos, for that presentation.

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Rep. Mikaela Angela B. Suansing: i think that was one of the main questions that i posed also in the

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Rep. Mikaela Angela B. Suansing: opening statement which is there is an 18 percent decrease from the 2025 actual total income

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Rep. Mikaela Angela B. Suansing: projection of 106 billion down to 86.94 95 billion in 2026 may we request clarification

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Rep. Mikaela Angela B. Suansing: that is really because of the downturn in gaming operations income so may we request for a

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Rep. Mikaela Angela B. Suansing: um an explanation to explain the downturn in in total income from 2025 to 2026

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PAGCOR Chairman and CEO Alejandro H. Tengco: Good morning chairperson Suansing

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PAGCOR Chairman and CEO Alejandro H. Tengco: you're referring to the decline in our

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PAGCOR Chairman and CEO Alejandro H. Tengco: revenue as to the reasons okay there are a few reasons in

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PAGCOR Chairman and CEO Alejandro H. Tengco: ma'am uh as stated number one uh from 2025 to 2026 the yield those are not untapped

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PAGCOR Chairman and CEO Alejandro H. Tengco: from 2025 to 2026 the median yield is only 15% of the somewhere equals 20% of the total growth range

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PAGCOR Chairman and CEO Alejandro H. Tengco: 2025 to 2026 there were so many events that transpired number one was the the linking

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PAGCOR Chairman and CEO Alejandro H. Tengco: in uh september or towards the last quarter of uh last year of the e-wallets

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PAGCOR Chairman and CEO Alejandro H. Tengco: customers there was an order coming from the senate in a hearing sometime in september

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PAGCOR Chairman and CEO Alejandro H. Tengco: of last year requesting the banco central philippinas to implement the delinking of

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PAGCOR Chairman and CEO Alejandro H. Tengco: the payment apps online gaming customers so we after that was implemented we had experienced

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PAGCOR Chairman and CEO Alejandro H. Tengco: a downtrend of about 40 percent uh in gaming activities

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PAGCOR Chairman and CEO Alejandro H. Tengco: it is being uh deducted from your account if you were playing online but because of the delinking

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PAGCOR Chairman and CEO Alejandro H. Tengco: you have to go through another process so that contributed to a 40 percent decline now um we

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PAGCOR Chairman and CEO Alejandro H. Tengco: noticed that

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PAGCOR Chairman and CEO Alejandro H. Tengco: decline from 40

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PAGCOR Chairman and CEO Alejandro H. Tengco: towards the early part of 2026

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PAGCOR Chairman and CEO Alejandro H. Tengco: unfortunately the middle east crisis happened and truly

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PAGCOR Chairman and CEO Alejandro H. Tengco: both the land-based casinos or our licenses were affected and so with online gaming as you very well

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PAGCOR Chairman and CEO Alejandro H. Tengco: in the online gaming market our main customers come from the cde market and they that market was

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PAGCOR Chairman and CEO Alejandro H. Tengco: the one that was truly affected by the middle east crisis now just as an update for the month of july

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PAGCOR Chairman and CEO Alejandro H. Tengco: we saw an increase in gaming activity of about 10 percent and

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PAGCOR Chairman and CEO Alejandro H. Tengco: the in august uh still on that same level so hopefully as economic conditions improve

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PAGCOR Chairman and CEO Alejandro H. Tengco: then we will be able to have better revenue coming from online gaming

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PAGCOR Chairman and CEO Alejandro H. Tengco: now with regard to land-based casinos and i'm referring to our big licenses

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PAGCOR Chairman and CEO Alejandro H. Tengco: pong integrated resorts

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PAGCOR Chairman and CEO Alejandro H. Tengco: very weak thank you

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PAGCOR Chairman and CEO Alejandro H. Tengco: 2026 however a good sign is there is now an uptick in the number of tourists

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PAGCOR Chairman and CEO Alejandro H. Tengco: who are patronizing this uh integrated resorts so we have seen a slight upward trend in towards the

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PAGCOR Chairman and CEO Alejandro H. Tengco: end of July and early August. I had received reports from our licensees that the number of

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PAGCOR Chairman and CEO Alejandro H. Tengco: tourists who are patronizing the integrated resorts have started to also improve in the last

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PAGCOR Chairman and CEO Alejandro H. Tengco: month and a half. So if the trend continues and considering that the peak season for gaming

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PAGCOR Chairman and CEO Alejandro H. Tengco: activities is already coming up, and I'm referring to the last quarter of the year, hopefully we're

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PAGCOR Chairman and CEO Alejandro H. Tengco: able to recover the weak revenue in the first half towards the latter part of this year.

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Rep. Mikaela Angela B. Suansing: Thank you, Chairman Al.

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Rep. Mikaela Angela B. Suansing: Just

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Rep. Mikaela Angela B. Suansing: wanted to highlight that despite the 20 billion decrease in the estimated total income from 2025

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Rep. Mikaela Angela B. Suansing: to 2026, the total contributions to nation building did not actually go down by much. From

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Rep. Mikaela Angela B. Suansing: 2025, level of 66.9 billion, despite the 20 billion decrease in total income, 8.3% or 5.5

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Rep. Mikaela Angela B. Suansing: billion decreased in contributions to nation building. So we just like to

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Rep. Mikaela Angela B. Suansing: commend PAGCOR for that despite the downturn in total income, the contributions to nation

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Rep. Mikaela Angela B. Suansing: building still remained intact, more or less. So it didn't see that big of a downturn. So

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Rep. Mikaela Angela B. Suansing: in terms of contribution, thank you for continuing to your commitments to the government in terms of contributions in nation building

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PAGCOR Chairman and CEO Alejandro H. Tengco: thank you for that comment and what i

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PAGCOR Chairman and CEO Alejandro H. Tengco: want to emphasize kaya dimpulu makian i we are now implementing effective january 1st 2026 the

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PAGCOR Chairman and CEO Alejandro H. Tengco: ruling with finality of the supreme court

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PAGCOR Chairman and CEO Alejandro H. Tengco: initially

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PAGCOR Chairman and CEO Alejandro H. Tengco: we were only remitting um the the interpretation of the five percent under the law of uh punk

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PAGCOR Chairman and CEO Alejandro H. Tengco: corps remittance to the philippine sports commission uh during the time of then president

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PAGCOR Chairman and CEO Alejandro H. Tengco: fidel valdez ramos uh how's uh the the formula that was agreed upon then was uh it would be five

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PAGCOR Chairman and CEO Alejandro H. Tengco: percent

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PAGCOR Chairman and CEO Alejandro H. Tengco: of gaming revenue only so yumpuyo interpretation nung panahong po ni president fidel valdez ramos

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PAGCOR Chairman and CEO Alejandro H. Tengco: pero nito pong ah towards the last quarter of 2025 nagkaroon pong ng ruling with finality na

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PAGCOR Chairman and CEO Alejandro H. Tengco: ang korte suprema at ang interpretation pong ngayon hindi po interpretation ang kanila pong

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PAGCOR Chairman and CEO Alejandro H. Tengco: ruling ang remittance po dapat ng gobyern ng PAGCOR ngayon sa philippine sports commission

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PAGCOR Chairman and CEO Alejandro H. Tengco: ay dapat po, Chairperson Suansing, five percent of our gross income. Ang nakalulungkot po rito

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PAGCOR Chairman and CEO Alejandro H. Tengco: ay the the case was filed in 1993 the ruling with finality

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PAGCOR Chairman and CEO Alejandro H. Tengco: was a came out last quarter of 2025 and ang nakalulungkot po yung ruling po e retroactive 1993

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PAGCOR Chairman and CEO Alejandro H. Tengco: sa kadaylanan po nun kasalukuyan pong nakikipag usap kami sa philippine sports commission

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PAGCOR Chairman and CEO Alejandro H. Tengco: sapagkat ang pinababayaran po ayon sa disisyon ng supreme court sa PAGCOR

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PAGCOR Chairman and CEO Alejandro H. Tengco: ng philippine sports commission dahil batro aktib yon ruling ay kumikikubo lang po bottom seven Hey

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PAGCOR Chairman and CEO Alejandro H. Tengco: yo alooooo targeting ang ulil inch Puis Healing in our motion for reconsideration a ast locations

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PAGCOR Chairman and CEO Alejandro H. Tengco: of the payment ang naging Kol SocialCC salo om bayaran po ng PAGCOR yun Solog dan sampong tao

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PAGCOR Chairman and CEO Alejandro H. Tengco: So 1 kaya kapasalagot uh ayo ay batra dito yung lep marin na code ay voley talaga di mag comedo sa words

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PAGCOR Chairman and CEO Alejandro H. Tengco: So, one, kaya double whammy po ang effect sa PAGCOR eh.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Una, kami po ay from an average of 190 million pesos a month

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PAGCOR Chairman and CEO Alejandro H. Tengco: sa Philippine Sports Commission contribution ng PAGCOR.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Ngayon po ay hindi na kami bumababa sa mahigit 300 million piso kada buwan.

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PAGCOR Chairman and CEO Alejandro H. Tengco: At bukod po roon, meron po kaming ongoing talks with PSC

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PAGCOR Chairman and CEO Alejandro H. Tengco: kailangan na rin po kami mag-upisa magbayad noong retroactive payment

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PAGCOR Chairman and CEO Alejandro H. Tengco: doon sa utang namin na 37 billion.

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PAGCOR Chairman and CEO Alejandro H. Tengco: So, on our end, mabigat po yun sapagat nowhere did PAGCOR project through the years

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PAGCOR Chairman and CEO Alejandro H. Tengco: that we will have to pay.

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PAGCOR Chairman and CEO Alejandro H. Tengco: But we respect the decision of the Supreme Court.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi ko man po panahon yun eh.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Wala po tayong magagawa.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Kailangan pong...

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PAGCOR Chairman and CEO Alejandro H. Tengco: sundin at implement natin ang naging ruling ng Korte Suprema.

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PAGCOR Chairman and CEO Alejandro H. Tengco: So, yun po, Chairperson Suansing at members of this committee,

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PAGCOR Chairman and CEO Alejandro H. Tengco: ang isa sa pangunahing dahilan kung bakit tumaas yung contribution sa nation building.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Ang totoo po, yung na-contribute namin in 2025,

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PAGCOR Chairman and CEO Alejandro H. Tengco: ay nahigitan na po ng contribution namin from January to July of 2020.

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PAGCOR Chairman and CEO Alejandro H. Tengco: So, ganun po kalaki talaga ang naging efekto ng ruling ng Korte Suprema

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PAGCOR Chairman and CEO Alejandro H. Tengco: sa kasalukuyang financial state ng PAGCOR.

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Rep. Mikaela Angela B. Suansing: Thank you po, Chairman Al.

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Rep. Mikaela Angela B. Suansing: Actually, last year po when we had their budget deliberations, wala pang ruling.

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Rep. Mikaela Angela B. Suansing: Hindi pa po nag-rule noon with financial...

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PAGCOR Chairman and CEO Alejandro H. Tengco: Although, Chairperson, noong pong panahon na yun, meron na po kami motion for reconsideration.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Pero, as I mentioned, October po nung nag-ano,

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PAGCOR Chairman and CEO Alejandro H. Tengco: ang ginawa ko naman po at pumayag din naman po si Chairman Pato Gregorio

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PAGCOR Chairman and CEO Alejandro H. Tengco: at namagitan po sa amin ay si Executive Secretary Ralph Recto,

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PAGCOR Chairman and CEO Alejandro H. Tengco: effective na lang muna January 1, 2026.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya, yun po ay...

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PAGCOR Chairman and CEO Alejandro H. Tengco: Ang ginawa ko para hindi na last two months na lamang,

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PAGCOR Chairman and CEO Alejandro H. Tengco: nakiusap po ako na yung...

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PAGCOR Chairman and CEO Alejandro H. Tengco: January 1, 2026 na lamang.

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PAGCOR Chairman and CEO Alejandro H. Tengco: At pagkatapos naman po, yung utang...

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PAGCOR Chairman and CEO Alejandro H. Tengco: eh pag-uusapan na lang namin kung paano namin babayaran.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Pero sampun taon lang po ang ipinagkaloob ng Supreme Court sa PAGCOR

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PAGCOR Chairman and CEO Alejandro H. Tengco: na isettle yung nasabing pagkakautang na ito.

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Rep. Mikaela Angela B. Suansing: Thank you, Chairman Al.

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PAGCOR Chairman and CEO Alejandro H. Tengco: So at 37 billion po across 10 years, ang dagdag po 3.7 billion per year.

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PAGCOR Chairman and CEO Alejandro H. Tengco: So, Chairperson, para pong lumalabas, more or less P300 million a month

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PAGCOR Chairman and CEO Alejandro H. Tengco: ang aming kailangan bayaran.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya ito po ay makaka-apekto sa aming mga projects, sa aming mga pinagkakaloob na tulong

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PAGCOR Chairman and CEO Alejandro H. Tengco: sapagkat P300 million, imbis na maitulong na natin yan sa nation-building,

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PAGCOR Chairman and CEO Alejandro H. Tengco: kailangan ko pong ibaya d'yon dun sa utang namin na naging desisyon ng Korte Suprema.

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PAGCOR Chairman and CEO Alejandro H. Tengco: I wish everyone to take note, yung kaso po in 1990,

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PAGCOR Chairman and CEO Alejandro H. Tengco: 1993 pa. At ito po ay filed ni dating congressman Yeng Guiao,

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PAGCOR Chairman and CEO Alejandro H. Tengco: naging congressman po yata siya dati, siya po ang nag-file noon noong 1993

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PAGCOR Chairman and CEO Alejandro H. Tengco: at nito lang pong 2025 nagkaroon ng final ruling.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Sabi ko nga po, hindi ko man po administration yan, eh talagang kailangan natin ipatupad.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Ang utos ng Korte Suprema.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po, Chairperson.

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Rep. Mikaela Angela B. Suansing: Thank you po, Chairman Tengco, for the update.

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Rep. Mikaela Angela B. Suansing: So when we scrutinize the budget of the Philippine Sports Commission later on,

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Rep. Mikaela Angela B. Suansing: we'll make sure na yung additional remittances po na natatanggap nila ay nagagamit po talaga nila ng tama.

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Rep. Mikaela Angela B. Suansing: So we'll take note po on the part of the Committee on Appropriations,

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Rep. Mikaela Angela B. Suansing: just so when we deliberate on the PSC's budget, we'll make sure po, since almost double po,

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Rep. Mikaela Angela B. Suansing: yung natatanggap nila on a monthly, more than double on a monthly basis, yung natatanggap nila.

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Rep. Mikaela Angela B. Suansing: Sana po nagagamit po talaga nila para tulungan po yung ating mga atleta.

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Rep. Mikaela Angela B. Suansing: Thank you, Chair Al.

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Rep. Mikaela Angela B. Suansing: But I also would like to highlight, under contributions to nation building,

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Rep. Mikaela Angela B. Suansing: despite the lower income, tumaas pa po yung socio-civic projects ninyo.

320
01:02:17,240 --> 01:02:27,079
Rep. Mikaela Angela B. Suansing: From P12.4 billion in 2024 to P12.8 billion in 2025,

321
01:02:27,079 --> 01:02:31,520
Rep. Mikaela Angela B. Suansing: And to 13.99 billion in 2026.

322
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Rep. Mikaela Angela B. Suansing: So we'd like to commend you on that as well po, that despite the downturn in the income,

323
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Rep. Mikaela Angela B. Suansing: you still retain the commitments around socio-civic projects.

324
01:02:41,240 --> 01:02:45,039
Rep. Presley C. De Jesus: Madam Chair, here, congress, dito po.

325
01:02:45,039 --> 01:02:51,640
Rep. Presley C. De Jesus: Yung clarificatory question sa talong mo kanina with regard to the payment sa Philippine Sports Commission,

326
01:02:51,640 --> 01:02:53,880
Rep. Presley C. De Jesus: di ba, every year nagbabayad na sila.

327
01:02:53,880 --> 01:02:57,680
Rep. Presley C. De Jesus: So, ibig sabihin, matodoble ang...

328
01:02:57,680 --> 01:03:03,799
Rep. Presley C. De Jesus: Kasi nagbayad na sila, contribution nila since 1993 sa National Treasury natin,

329
01:03:03,799 --> 01:03:06,240
Rep. Presley C. De Jesus: at the same time, ngayon magbibigyan na ulit,

330
01:03:06,240 --> 01:03:09,880
Rep. Presley C. De Jesus: kasama na yung binayad nila sa National Treasury.

331
01:03:09,880 --> 01:03:14,559
Rep. Presley C. De Jesus: So, ibig sabihin, doble-doble ang PSC ngayon, makukuha nila.

332
01:03:14,559 --> 01:03:16,160
Rep. Presley C. De Jesus: Congress, thank you very much.

333
01:03:16,160 --> 01:03:18,760
Rep. Mikaela Angela B. Suansing: Chair Al, may please respond to the query of representative...

334
01:03:18,760 --> 01:03:24,880
PAGCOR Chairman and CEO Alejandro H. Tengco: With your permission, Chairperson Suansing, I'd like to answer Congressman Presley.

335
01:03:24,880 --> 01:03:26,642
Rep. Mikaela Angela B. Suansing: Go ahead.

336
01:03:26,642 --> 01:03:36,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman Presley, hindi lang po doble sapagkat, tulad po ng nabanggit ko kanina, Your Honor,

337
01:03:36,920 --> 01:03:40,960
PAGCOR Chairman and CEO Alejandro H. Tengco: yung dati pong contribution nung panahon na inabutan ko na,

338
01:03:40,960 --> 01:03:49,400
PAGCOR Chairman and CEO Alejandro H. Tengco: nag-a-average po ng mga 180 to 190 million per month.

339
01:03:49,400 --> 01:03:56,119
PAGCOR Chairman and CEO Alejandro H. Tengco: With the Supreme Court ruling po, na five percent po ang mandato ng PAGCOR

340
01:03:56,119 --> 01:04:03,839
PAGCOR Chairman and CEO Alejandro H. Tengco: sa gross revenue, sa ngayon po, ay mahigit doble na po effective nung January 1,

341
01:04:03,839 --> 01:04:06,160
PAGCOR Chairman and CEO Alejandro H. Tengco: yung aming kinocontribute.

342
01:04:06,160 --> 01:04:09,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa ngayon po, eh, kung di ako nagkakamalik,

343
01:04:09,000 --> 01:04:12,839
PAGCOR Chairman and CEO Alejandro H. Tengco: umaabot po ng kulang 400 million na isang buwan.

344
01:04:12,839 --> 01:04:16,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero, over and above that, Your Honor,

345
01:04:16,920 --> 01:04:19,920
PAGCOR Chairman and CEO Alejandro H. Tengco: pinagbabayad po kami ng Korte Suprema,

346
01:04:19,920 --> 01:04:24,400
PAGCOR Chairman and CEO Alejandro H. Tengco: retroactive 1993.

347
01:04:24,400 --> 01:04:26,760
PAGCOR Chairman and CEO Alejandro H. Tengco: Yun po, ay...

348
01:04:26,760 --> 01:04:28,680
PAGCOR Chairman and CEO Alejandro H. Tengco: mag-a-average na naman ng kulang tatloon,

349
01:04:28,680 --> 01:04:33,240
PAGCOR Chairman and CEO Alejandro H. Tengco: mahigit kumulang tatloon daang milyong piso po yung kada buwan.

350
01:04:33,240 --> 01:04:37,440
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya po, kung ito ay talagang may implement,

351
01:04:37,440 --> 01:04:42,599
PAGCOR Chairman and CEO Alejandro H. Tengco: ang magiging contribution po ng PAGCOR sa Philippine Sports Commission,

352
01:04:42,599 --> 01:04:48,640
PAGCOR Chairman and CEO Alejandro H. Tengco: ay aabutin po ng kulang 700 million piso bawat buwan.

353
01:04:48,640 --> 01:04:56,480
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito po yung 5% na ngayon utos ng Korte Suprema sa gross revenue na magmumula,

354
01:04:56,480 --> 01:05:02,440
PAGCOR Chairman and CEO Alejandro H. Tengco: plus, yung binigyan po kami ng sampun taon lamang ng Korte Suprema

355
01:05:02,440 --> 01:05:09,200
PAGCOR Chairman and CEO Alejandro H. Tengco: na bayaran yung pagkakautang ng PAGCOR magsimula po noong 1993.

356
01:05:09,200 --> 01:05:13,760
Rep. Presley C. De Jesus: Madam Chair, I think we need to look into it, no?

357
01:05:13,760 --> 01:05:15,640
Rep. Presley C. De Jesus: Kasi, doble-doble na budget ng PSA ngayon.

358
01:05:15,640 --> 01:05:20,200
Rep. Presley C. De Jesus: With the payment for 3.3 billion every year for the next 10 years, ma'am,

359
01:05:20,200 --> 01:05:22,160
Rep. Presley C. De Jesus: that's sobra naman yan.

360
01:05:22,160 --> 01:05:25,640
Rep. Presley C. De Jesus: So, imagine pag-court, karamihan talaga more on...

361
01:05:25,640 --> 01:05:29,240
Rep. Presley C. De Jesus: namimigay sila, pero sobra naman kung ibibigay sa PSC yan.

362
01:05:29,240 --> 01:05:31,680
Rep. Presley C. De Jesus: I think we have to look into it, Madam Chair.

363
01:05:31,680 --> 01:05:32,680
Rep. Presley C. De Jesus: That's it. Thank you very much.

364
01:05:32,680 --> 01:05:33,960
Rep. Mikaela Angela B. Suansing: Thank you very much, Kong Presley.

365
01:05:33,960 --> 01:05:37,480
Rep. Mikaela Angela B. Suansing: Actually, I'm taking a look at the level,

366
01:05:37,480 --> 01:05:42,200
Rep. Mikaela Angela B. Suansing: the fiscal year 2027 NEP level for the PSC.

367
01:05:42,200 --> 01:05:47,319
Rep. Mikaela Angela B. Suansing: Medyo bumaba po siya in comparison to the 2026 GAA level,

368
01:05:47,319 --> 01:05:55,359
Rep. Mikaela Angela B. Suansing: pero yung binaba po is not commensurate yet to the increase in the remittances from PAGCOR.

369
01:05:55,359 --> 01:06:00,839
Rep. Mikaela Angela B. Suansing: So, we'll definitely scrutinize that on the part of the Committee on Appropriations

370
01:06:00,839 --> 01:06:10,680
Rep. Mikaela Angela B. Suansing: that whichever level we settle at Kong Presley for the final HGAB level of PSC,

371
01:06:10,680 --> 01:06:16,359
Rep. Mikaela Angela B. Suansing: talaga pong yung kailangan, whichever is sufficient based on their utilization

372
01:06:16,359 --> 01:06:21,880
Rep. Mikaela Angela B. Suansing: and based on the programs and projects that they have lined up for fiscal year 2027.

373
01:06:21,880 --> 01:06:22,119
Rep. Presley C. De Jesus: Thank you, Madam Chair.

374
01:06:22,119 --> 01:06:24,359
Rep. Mikaela Angela B. Suansing: Thank you po for pointing that out.

375
01:06:24,359 --> 01:06:26,284
PAGCOR Chairman and CEO Alejandro H. Tengco: Chairperson, may I just make a...

376
01:06:26,284 --> 01:06:27,039
PAGCOR Chairman and CEO Alejandro H. Tengco: May I make a clarification?

377
01:06:27,039 --> 01:06:28,119
Rep. Mikaela Angela B. Suansing: Yes, po. Chairperson, thank you.

378
01:06:28,119 --> 01:06:33,039
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung pong 37 billion, I'll be very candid here.

379
01:06:33,039 --> 01:06:36,720
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi pa po namin naumpisahang bayaran.

380
01:06:36,720 --> 01:06:42,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung pong sinasabi kong inumpisahan namin noong January 1, 2026,

381
01:06:42,000 --> 01:06:46,000
PAGCOR Chairman and CEO Alejandro H. Tengco: ay yung 5% of the gross revenue.

382
01:06:46,000 --> 01:06:51,279
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung pong, in fairness, yung pong halos 300 million naman,

383
01:06:51,279 --> 01:06:56,119
PAGCOR Chairman and CEO Alejandro H. Tengco: yung po ang pinag-uusapan namin pang kasalukuyan ni PSC,

384
01:06:56,119 --> 01:06:59,000
PAGCOR Chairman and CEO Alejandro H. Tengco: si Chairman Pato Gregorio, kung papano po.

385
01:06:59,000 --> 01:07:06,440
PAGCOR Chairman and CEO Alejandro H. Tengco: And I think we are close to coming up with an agreement very soon

386
01:07:06,440 --> 01:07:12,839
PAGCOR Chairman and CEO Alejandro H. Tengco: para po nang sa ganun ay magamit na niya sa kanyang mga programa

387
01:07:12,839 --> 01:07:20,319
PAGCOR Chairman and CEO Alejandro H. Tengco: yung nasabing pagkakautang ng PAGCOR na na-rule ng Supreme Court with finality.

388
01:07:20,319 --> 01:07:21,520
Rep. Mikaela Angela B. Suansing: Thank you, Chairman Tengco.

389
01:07:21,520 --> 01:07:25,520
Rep. Mikaela Angela B. Suansing: So if we may request po from the PAGCOR officials,

390
01:07:25,520 --> 01:07:31,760
Rep. Mikaela Angela B. Suansing: copy of your remittances to the PSC if, kung pwede po,

391
01:07:31,760 --> 01:07:39,680
Rep. Mikaela Angela B. Suansing: January, the whole of 2025, as well as 2026 from the start of the year to this year.

392
01:07:39,680 --> 01:07:45,400
Rep. Mikaela Angela B. Suansing: So we can take that into account as we look through the budget of the Philippine Sports Commission.

393
01:07:45,400 --> 01:07:47,839
Rep. Mikaela Angela B. Suansing: Thank you very much po.

394
01:07:47,839 --> 01:07:52,400
Rep. Mikaela Angela B. Suansing: Those are my main clarificatory questions po.

395
01:07:52,400 --> 01:07:55,920
Rep. Mikaela Angela B. Suansing: We'll now open the floor to our distinguished colleagues.

396
01:07:55,920 --> 01:08:00,960
Rep. Mikaela Angela B. Suansing: To post questions and comments to the PAGCOR family,

397
01:08:00,960 --> 01:08:03,799
Rep. Mikaela Angela B. Suansing: may I respectfully remind our distinguished colleagues

398
01:08:03,799 --> 01:08:08,119
Rep. Mikaela Angela B. Suansing: that each member is given five minutes for questioning or interpolation,

399
01:08:08,119 --> 01:08:10,799
Rep. Mikaela Angela B. Suansing: excluding the response of the resource persons.

400
01:08:10,799 --> 01:08:16,159
Rep. Mikaela Angela B. Suansing: And when you hear the bell sound, it means that you have 30 seconds to wind up your questions.

401
01:08:16,159 --> 01:08:20,719
Rep. Mikaela Angela B. Suansing: As part of the longstanding and respected tradition of the House of Representatives

402
01:08:20,719 --> 01:08:24,520
Rep. Mikaela Angela B. Suansing: to accord preferential treatment to the minority members of the House,

403
01:08:24,520 --> 01:08:25,880
Rep. Mikaela Angela B. Suansing: followed by independence,

404
01:08:25,880 --> 01:08:29,279
Rep. Mikaela Angela B. Suansing: and majority members in an alternating manner,

405
01:08:29,279 --> 01:08:34,600
Rep. Mikaela Angela B. Suansing: that is how I will recognize our colleagues who have signed up for interpolations.

406
01:08:34,600 --> 01:08:39,359
Rep. Mikaela Angela B. Suansing: We'll start with the minority, then independent, then majority.

407
01:08:39,359 --> 01:08:44,199
Rep. Mikaela Angela B. Suansing: And with that, we'll first start with the first member of the minority,

408
01:08:44,199 --> 01:08:46,560
Rep. Mikaela Angela B. Suansing: Representative Elijah San Fernando.

409
01:08:46,560 --> 01:08:48,759
Rep. Elijah Rumbaoa San Fernando: Thank you, Madam Chair.

410
01:08:48,759 --> 01:08:54,679
Rep. Elijah Rumbaoa San Fernando: Chair, thank ko sa presentation niyo po binanggit na 95 billion ng kita ng PAGCOR

411
01:08:54,679 --> 01:08:55,799
Rep. Elijah Rumbaoa San Fernando: ng galing sa gaming.

412
01:08:55,799 --> 01:09:00,040
Rep. Elijah Rumbaoa San Fernando: At sa gaming operation, ilang percent po ito ng total income ng PAGCOR?

413
01:09:00,040 --> 01:09:08,440
PAGCOR Chairman and CEO Alejandro H. Tengco: Iyan po ay halos, imingit ko mo lang, 95, 96 percent din po ng total income natin.

414
01:09:08,440 --> 01:09:15,239
Rep. Elijah Rumbaoa San Fernando: Meron po ba tayong ballpark figure, ilan yung customers na pumapasok dito sa gaming operations,

415
01:09:15,239 --> 01:09:16,480
PAGCOR Chairman and CEO Alejandro H. Tengco: online gaming operations?

416
01:09:16,480 --> 01:09:26,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa online po, ang nakarehistro po na mga customers ay meron pong 30,

417
01:09:26,000 --> 01:09:31,000
PAGCOR Chairman and CEO Alejandro H. Tengco: 30 million registered po yun.

418
01:09:31,000 --> 01:09:36,400
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung pong aktibong naglalaro, mga 10 million po.

419
01:09:36,400 --> 01:09:39,359
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung po yung active mismong naglalaro.

420
01:09:39,359 --> 01:09:45,759
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero ang nakarehistro po sa pangkasalukuyan, imingit ko mo lang po mga 30 million po.

421
01:09:45,759 --> 01:09:48,359
Rep. Elijah Rumbaoa San Fernando: Thank you, Chair, thank ko.

422
01:09:48,359 --> 01:09:55,440
Rep. Elijah Rumbaoa San Fernando: Nabanggit niyo po kanina, out of this 30 million registered and 10 million active players in online gaming,

423
01:09:55,440 --> 01:10:00,880
PAGCOR Chairman and CEO Alejandro H. Tengco: most of them ay nanggagaling sa CDE market. Tama po ba ito, Chair?

424
01:10:00,880 --> 01:10:06,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Nandyan po yung malaking porsyento po, Congress.

425
01:10:06,560 --> 01:10:06,760
Rep. Elijah Rumbaoa San Fernando: Thank you.

426
01:10:06,760 --> 01:10:07,520
Rep. Elijah Rumbaoa San Fernando: Your Honor.

427
01:10:07,520 --> 01:10:11,640
Rep. Elijah Rumbaoa San Fernando: So kapag pinag-usapan po natin itong market ng online gaming operation natin,

428
01:10:11,640 --> 01:10:18,480
Rep. Elijah Rumbaoa San Fernando: pinatutungkulan po natin dito mga manggagawa, particular, mga minimum wage earner, and low income earners po.

429
01:10:18,480 --> 01:10:19,400
Rep. Elijah Rumbaoa San Fernando: Tama po ba?

430
01:10:19,400 --> 01:10:21,320
Rep. Elijah Rumbaoa San Fernando: Tama po, Your Honor.

431
01:10:21,320 --> 01:10:22,400
Rep. Elijah Rumbaoa San Fernando: Thank you.

432
01:10:22,400 --> 01:10:25,230
Rep. Elijah Rumbaoa San Fernando: Noong July 2025 po, may pinirmahan na memorandum.

433
01:10:25,230 --> 01:10:29,600
Rep. Elijah Rumbaoa San Fernando: Noong July 2025 po, may pinirmahan na memorandum of understanding ang PAGCOR at ang Adstandard Council.

434
01:10:29,600 --> 01:10:34,120
Rep. Elijah Rumbaoa San Fernando: Sabi po dito, ang gambling ay pasok na doon sa must-screen category.

435
01:10:34,120 --> 01:10:40,000
Rep. Elijah Rumbaoa San Fernando: Pwede niyo po bang ipaliwanag sa amin ano yung sakop ng must-screen category ng gambling?

436
01:10:40,000 --> 01:10:42,040
Rep. Elijah Rumbaoa San Fernando: Ano yung mga sakop po nito?

437
01:10:42,040 --> 01:10:52,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, noong 2025, ang PAGCOR po, isa sa mga programa niya sa Responsible Gaming,

438
01:10:52,960 --> 01:10:57,320
PAGCOR Chairman and CEO Alejandro H. Tengco: ang pakikipag-ugnayan po sa...

439
01:10:57,320 --> 01:10:58,600
PAGCOR Chairman and CEO Alejandro H. Tengco: sa Adstandard Council.

440
01:10:58,600 --> 01:11:06,480
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung napansin ninyo, at kung naalala ko po, hearing po rito rin ng budget,

441
01:11:06,480 --> 01:11:14,040
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi pa po namin napipirmahan yung aming pakikipag-ugnayan sa Adstandard Council

442
01:11:14,040 --> 01:11:20,719
PAGCOR Chairman and CEO Alejandro H. Tengco: noong huli pong hearing natin ng budget ng PAGCOR for year 2026.

443
01:11:20,719 --> 01:11:24,880
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang naganap po, at noon po naging isyong malaki,

444
01:11:24,880 --> 01:11:25,920
PAGCOR Chairman and CEO Alejandro H. Tengco: yung pong lahat ng...

445
01:11:25,920 --> 01:11:32,440
PAGCOR Chairman and CEO Alejandro H. Tengco: yung billboard halos sa buong Maynila at gayon din sa mga major tollways

446
01:11:32,440 --> 01:11:40,360
PAGCOR Chairman and CEO Alejandro H. Tengco: ay punong... nakita po ng nating lahat ay napakadami po sa mga billboard na ito

447
01:11:40,360 --> 01:11:44,440
PAGCOR Chairman and CEO Alejandro H. Tengco: ay nauukol sa online gaming.

448
01:11:44,440 --> 01:11:53,040
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya, ako po ay naalarma rin at sa pakikipag-ugnayan po natin sa Adstandard Council

449
01:11:53,040 --> 01:11:55,679
PAGCOR Chairman and CEO Alejandro H. Tengco: nagkaroon po na ngayon ng panuntunan.

450
01:11:55,679 --> 01:11:58,480
PAGCOR Chairman and CEO Alejandro H. Tengco: O nagkaroon ngayon ng struktura.

451
01:11:58,480 --> 01:12:06,159
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung saan, una, hindi na po pwedeng mag-advertise ng lantaran

452
01:12:06,159 --> 01:12:13,159
PAGCOR Chairman and CEO Alejandro H. Tengco: ang anumang uri ng online gaming operator, sino man ito,

453
01:12:13,159 --> 01:12:16,800
PAGCOR Chairman and CEO Alejandro H. Tengco: gayon din naman po maski yung land-based casinos natin.

454
01:12:16,800 --> 01:12:20,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya, sometime po, binigil ako po ng...

455
01:12:20,800 --> 01:12:24,040
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung di ako nagkakamali,

456
01:12:24,040 --> 01:12:25,639
PAGCOR Chairman and CEO Alejandro H. Tengco: 60 araw na palugit.

457
01:12:25,639 --> 01:12:27,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang lahat ng mga billboard na ito,

458
01:12:27,960 --> 01:12:32,320
PAGCOR Chairman and CEO Alejandro H. Tengco: pero effective po noong September 2025,

459
01:12:32,320 --> 01:12:35,000
PAGCOR Chairman and CEO Alejandro H. Tengco: naibaba na po natin lahat ito.

460
01:12:35,000 --> 01:12:40,400
PAGCOR Chairman and CEO Alejandro H. Tengco: Pangalawa, hindi na po pwedeng mag-advertise na lamang

461
01:12:40,400 --> 01:12:43,280
PAGCOR Chairman and CEO Alejandro H. Tengco: ang isang land-based operator,

462
01:12:43,280 --> 01:12:45,199
PAGCOR Chairman and CEO Alejandro H. Tengco: gayon din po, your honor,

463
01:12:45,199 --> 01:12:48,120
PAGCOR Chairman and CEO Alejandro H. Tengco: ang mga online gaming operators,

464
01:12:48,120 --> 01:12:54,000
PAGCOR Chairman and CEO Alejandro H. Tengco: kung hindi dumadaan sa Adstandard Council.

465
01:12:54,000 --> 01:12:56,360
PAGCOR Chairman and CEO Alejandro H. Tengco: Pangatlo po,

466
01:12:56,360 --> 01:13:00,080
PAGCOR Chairman and CEO Alejandro H. Tengco: ipinagbawal na rin po ng Adstandard Council

467
01:13:00,080 --> 01:13:05,440
PAGCOR Chairman and CEO Alejandro H. Tengco: ang pag-a-advertise ng online gaming or land-based casino operations

468
01:13:05,440 --> 01:13:07,679
PAGCOR Chairman and CEO Alejandro H. Tengco: during prime time.

469
01:13:07,679 --> 01:13:16,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi na po sila pwedeng mag-advertise between 5 to 8 o'clock in the evening.

470
01:13:16,000 --> 01:13:17,800
PAGCOR Chairman and CEO Alejandro H. Tengco: At ngayon po,

471
01:13:17,800 --> 01:13:24,800
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi na po maaari ka maglagay ng mga advertisement

472
01:13:24,800 --> 01:13:28,400
PAGCOR Chairman and CEO Alejandro H. Tengco: na nagiging...

473
01:13:28,400 --> 01:13:29,159
PAGCOR Chairman and CEO Alejandro H. Tengco: nakalalamang po ngayon

474
01:13:29,159 --> 01:13:33,920
PAGCOR Chairman and CEO Alejandro H. Tengco: sa mga advertisements na nakikita natin sa kapeligiran

475
01:13:33,920 --> 01:13:39,960
PAGCOR Chairman and CEO Alejandro H. Tengco: ay meron pong paalala tungkol sa responsible gaming.

476
01:13:39,960 --> 01:13:43,560
PAGCOR Chairman and CEO Alejandro H. Tengco: So, yun po ang pinakabalangkas

477
01:13:43,560 --> 01:13:46,520
PAGCOR Chairman and CEO Alejandro H. Tengco: ng pakikipagkasunduan po

478
01:13:46,520 --> 01:13:50,120
PAGCOR Chairman and CEO Alejandro H. Tengco: ng PAGCOR sa Adstandard Council.

479
01:13:50,120 --> 01:13:52,800
Rep. Elijah Rumbaoa San Fernando: Thank you, Chair Al.

480
01:13:52,800 --> 01:13:57,360
Rep. Elijah Rumbaoa San Fernando: So, binabanggit niyo po, hindi pa napirmahan.

481
01:13:57,360 --> 01:13:59,400
Rep. Elijah Rumbaoa San Fernando: Nung pong isang taong nag-i-hearing tayo,

482
01:13:59,400 --> 01:14:01,280
Rep. Elijah Rumbaoa San Fernando: hindi pa po na...

483
01:14:01,280 --> 01:14:02,280
Rep. Elijah Rumbaoa San Fernando: Pero ngayon po,

484
01:14:02,280 --> 01:14:05,400
Rep. Elijah Rumbaoa San Fernando: ipinatutupad na po nila ngayon sa pangkasalukuyan.

485
01:14:05,400 --> 01:14:07,159
Rep. Elijah Rumbaoa San Fernando: Salamat, Chair Al.

486
01:14:07,159 --> 01:14:08,040
Rep. Elijah Rumbaoa San Fernando: Kaugnay po nito,

487
01:14:08,040 --> 01:14:12,000
Rep. Elijah Rumbaoa San Fernando: naglabas ng ASC Circular 2025-010

488
01:14:12,000 --> 01:14:16,560
Rep. Elijah Rumbaoa San Fernando: all gambling advertisements in all forms

489
01:14:16,560 --> 01:14:19,320
Rep. Elijah Rumbaoa San Fernando: must be secured by ASC prior to implementation.

490
01:14:19,320 --> 01:14:20,080
Rep. Elijah Rumbaoa San Fernando: Tama po ba ito?

491
01:14:20,080 --> 01:14:20,600
Rep. Elijah Rumbaoa San Fernando: Are you aware of this?

492
01:14:20,600 --> 01:14:21,639
PAGCOR Chairman and CEO Alejandro H. Tengco: Tama po, Your Honor.

493
01:14:21,639 --> 01:14:22,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang totoo po,

494
01:14:22,840 --> 01:14:25,520
PAGCOR Chairman and CEO Alejandro H. Tengco: kung makikita nyo yung mga current advertisements,

495
01:14:25,520 --> 01:14:29,080
PAGCOR Chairman and CEO Alejandro H. Tengco: ngayon ng mga online gaming operators,

496
01:14:29,080 --> 01:14:33,440
PAGCOR Chairman and CEO Alejandro H. Tengco: gayon din po ang mga land-based operations.

497
01:14:33,440 --> 01:14:36,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron na po nakalagay sa ilalim,

498
01:14:36,000 --> 01:14:39,960
PAGCOR Chairman and CEO Alejandro H. Tengco: ASC, Adstandard Council,

499
01:14:39,960 --> 01:14:41,600
PAGCOR Chairman and CEO Alejandro H. Tengco: may numero po,

500
01:14:41,600 --> 01:14:45,920
PAGCOR Chairman and CEO Alejandro H. Tengco: yun po ang pagpapatunay na dumaan ito sa kanila

501
01:14:45,920 --> 01:14:49,920
PAGCOR Chairman and CEO Alejandro H. Tengco: para masuri kung tama po ba yung content

502
01:14:49,920 --> 01:14:52,400
PAGCOR Chairman and CEO Alejandro H. Tengco: ng billboard or anumang pong uri

503
01:14:52,400 --> 01:14:54,360
PAGCOR Chairman and CEO Alejandro H. Tengco: ng advertisement ang pinatutupad nila.

504
01:14:54,360 --> 01:14:55,480
Rep. Elijah Rumbaoa San Fernando: Thank you, Chair Al.

505
01:14:55,480 --> 01:14:56,320
Rep. Elijah Rumbaoa San Fernando: Thank you, Madam Chair.

506
01:14:56,320 --> 01:14:56,680
Rep. Elijah Rumbaoa San Fernando: Bago po.

507
01:14:56,680 --> 01:15:06,520
Rep. Elijah Rumbaoa San Fernando: Sir, bago pumunta sa ASC, yung mga advertisers kailangan po munang dumaan sa inyo at makasecure ng approval for advertising. Tama po ba ito, Chair Al?

508
01:15:06,520 --> 01:15:23,120
PAGCOR Chairman and CEO Alejandro H. Tengco: Tama po, Your Honor. Ang nangyayari po ngayon, nauuna po sa amin at halos sabay pong nag-a-apply sa amin o hiningin na approval sa amin, ngayon din po sa Ad Standards Council.

509
01:15:23,120 --> 01:15:42,560
Rep. Elijah Rumbaoa San Fernando: Thank you, Chair Al. Maraming salamat po sa clarification. So lahat ng porma ng advertising, may it be billboard, online o kahit saan pa, dapat po mag-secure muna ng AA sa PAGCOR bago sila pumunta sa ASC para makakuha ng clearance para makapag-advertise.

510
01:15:42,560 --> 01:15:55,080
Rep. Elijah Rumbaoa San Fernando: Tama po kayo, Your Honor. Ngayon po, Madam Chair, ang malaking problema po natin, nagkalat po yung mga content creator.

511
01:15:55,080 --> 01:16:08,239
Rep. Elijah Rumbaoa San Fernando: Na nagpo-promote ng online gambling. At ito pong mga content creator na ito, hindi sumusunod doon sa regulation as set by PAGCOR and the Ad Standards Council.

512
01:16:08,239 --> 01:16:19,239
Rep. Elijah Rumbaoa San Fernando: Halimbawa, pinakasikat po, Ivana Alawi, mamimigay ng isang daang iPhone 17 pero hindi pala kusang ibibigay yun.

513
01:16:19,239 --> 01:16:26,639
Rep. Elijah Rumbaoa San Fernando: Dapat, ikaw muna ay mag-subscribe o mag-like doon sa isang online gaming.

514
01:16:26,639 --> 01:16:39,719
Rep. Elijah Rumbaoa San Fernando: At wala po kahit saan dito yung pagsunod doon sa sinasabi po na pinag-uusapan natin kanina, Ad Standards Council, authority, merong approval po mula sa PAGCOR.

515
01:16:39,719 --> 01:16:48,199
Rep. Elijah Rumbaoa San Fernando: Hindi rin po nakalagay. Halimbawa, ito pong isang to, isang sikat to, si Osas. Galawang Osas bata. Millions of followers po to.

516
01:16:48,199 --> 01:16:55,080
Rep. Elijah Rumbaoa San Fernando: Wala po kahit saan dyan na nakasulat na gambling can be addictive. Know when to stop.

517
01:16:55,080 --> 01:17:09,480
Rep. Elijah Rumbaoa San Fernando: My question po, Madam Chair, is paano po ini-implement o ini-exercise ng PAGCOR ang kanyang regulatory power over these content creators and influencers?

518
01:17:09,480 --> 01:17:15,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Madam Chairperson, I will, with your permission, I would like to answer.

519
01:17:15,600 --> 01:17:22,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman San Fernando, una po, totoo po yun.

520
01:17:22,600 --> 01:17:24,639
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron pong sumusunod.

521
01:17:24,639 --> 01:17:27,679
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron pong hindi sumusunod.

522
01:17:27,679 --> 01:17:42,766
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang akin pong gustong talakayin sa umagang ito ay yung pinunan ninyo na lumabas na ang isang online endorser tulad ni Ivana.

523
01:17:42,766 --> 01:17:44,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Okay.

524
01:17:44,600 --> 01:17:50,639
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa harap ninyo at sasagutin ko pong hindi po sila himingi ng permiso.

525
01:17:50,639 --> 01:17:54,040
PAGCOR Chairman and CEO Alejandro H. Tengco: Ano po ang ginawa ng PAGCOR?

526
01:17:54,040 --> 01:18:08,760
PAGCOR Chairman and CEO Alejandro H. Tengco: We fined the online gaming company 1 million pesos and together with that, gave them a stern warning na hindi na dapat maulit ito.

527
01:18:08,760 --> 01:18:24,440
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung maulit ito, heavier fine and the possibility that it can lead, another violation can lead to the suspension and ultimately the cancellation of their license.

528
01:18:24,440 --> 01:18:27,120
PAGCOR Chairman and CEO Alejandro H. Tengco: So yan po, naipatupad namin.

529
01:18:27,120 --> 01:18:39,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Nagbayad po sila ng isang milyong piso at minanduhan din po namin sila, Your Honor, na ihintuna yung nasabing promosyo na yon.

530
01:18:39,560 --> 01:18:49,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Pangalawa, meron po kayong pinakita rin na posas rosas.

531
01:18:49,000 --> 01:18:54,400
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, marami po dyan ay hindi.

532
01:18:54,400 --> 01:18:57,560
PAGCOR Chairman and CEO Alejandro H. Tengco: May mga licensee ng PAGCOR.

533
01:18:57,560 --> 01:19:03,760
PAGCOR Chairman and CEO Alejandro H. Tengco: Hanggang sa mga oras na ito, may halos tumatabla lang po.

534
01:19:03,760 --> 01:19:09,320
PAGCOR Chairman and CEO Alejandro H. Tengco: 50% ng nag-ooperate ay may lisensya ng PAGCOR.

535
01:19:09,320 --> 01:19:14,520
PAGCOR Chairman and CEO Alejandro H. Tengco: 50% po naman ay illegal.

536
01:19:14,520 --> 01:19:23,480
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya ang akin po, kung wala pong tinutukoy dyan, hindi po kamukano kay Ivana kanina, Your Honor, na inyong tinukoy.

537
01:19:23,480 --> 01:19:29,320
PAGCOR Chairman and CEO Alejandro H. Tengco: Nag-identify siya ng online gaming operator.

538
01:19:29,320 --> 01:19:31,444
PAGCOR Chairman and CEO Alejandro H. Tengco: Legal po yun.

539
01:19:31,444 --> 01:19:41,639
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron po kaming karapatang mag-issue ng isang warning at magpabayad ng fine.

540
01:19:41,639 --> 01:19:46,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero gusto ko pong liwanagin sa membro ng committee ito,

541
01:19:46,840 --> 01:19:49,960
PAGCOR Chairman and CEO Alejandro H. Tengco: kayo din naman sa ating buting chairperson,

542
01:19:49,960 --> 01:19:51,868
PAGCOR Chairman and CEO Alejandro H. Tengco: na,

543
01:19:51,868 --> 01:20:10,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Nung ako po yung nag-assume ng chairmanship ng PAGCOR,

544
01:20:10,800 --> 01:20:15,719
PAGCOR Chairman and CEO Alejandro H. Tengco: ay halos nasa 8 to 10% pa lang po ang legal noon.

545
01:20:15,719 --> 01:20:21,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero with our reforms, with the structure that we have set up,

546
01:20:21,000 --> 01:20:29,600
PAGCOR Chairman and CEO Alejandro H. Tengco: medyo nakaangat na po at sa ngayon ang aming pong paniwala ay nasa halos tabla na po 50-50.

547
01:20:29,600 --> 01:20:38,480
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero hindi pa po, Congressman San Fernando, mahinto yung illegal online gaming operators.

548
01:20:38,480 --> 01:20:43,080
PAGCOR Chairman and CEO Alejandro H. Tengco: At ang masama po rito, wala po sa Pilipinas sila.

549
01:20:43,080 --> 01:20:50,440
PAGCOR Chairman and CEO Alejandro H. Tengco: Sila po ay nasa abroad na gumagamit ng mga influencers ng mga kaibigan.

550
01:20:50,440 --> 01:20:50,920
Rep. Elijah Rumbaoa San Fernando: Kapabayan natin.

551
01:20:50,920 --> 01:20:53,400
Rep. Elijah Rumbaoa San Fernando: Thank you, Chair Al. Doon sa paglilinaw na yun.

552
01:20:53,400 --> 01:21:00,159
Rep. Elijah Rumbaoa San Fernando: Ngayon, malinaw na po na illegal itong karamihan ng mga online sugal.

553
01:21:00,159 --> 01:21:05,560
Rep. Elijah Rumbaoa San Fernando: Ano po yung mga pamamaraan para mapanagot natin itong mga content creator

554
01:21:05,560 --> 01:21:09,480
Rep. Elijah Rumbaoa San Fernando: na walang habas na makapag-promote ng online sugal?

555
01:21:09,480 --> 01:21:13,960
Rep. Elijah Rumbaoa San Fernando: Kasi, Madam Chair, pinag-uusapan natin itong mga content creator na ito.

556
01:21:13,960 --> 01:21:16,239
Rep. Elijah Rumbaoa San Fernando: By the millions ang kanilang follower.

557
01:21:16,239 --> 01:21:20,920
Rep. Elijah Rumbaoa San Fernando: At ina-identify nila, Chair Al, ito pong mga...

558
01:21:20,920 --> 01:21:21,960
Rep. Elijah Rumbaoa San Fernando: online gaming site.

559
01:21:21,960 --> 01:21:27,120
Rep. Elijah Rumbaoa San Fernando: Say, for example, 1365, tapos PeriaPlay.

560
01:21:27,120 --> 01:21:30,400
PAGCOR Chairman and CEO Alejandro H. Tengco: So, ito, paano po kaya natin mapapanagot itong mga content creator na ito?

561
01:21:30,400 --> 01:21:35,011
PAGCOR Chairman and CEO Alejandro H. Tengco: Tulad po yung binanggit nyo na yun, hindi po license yun ng PAGCOR.

562
01:21:35,011 --> 01:21:36,400
PAGCOR Chairman and CEO Alejandro H. Tengco: Okay.

563
01:21:36,400 --> 01:21:41,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, Madam Chairperson, with your permission, I would like to answer this.

564
01:21:41,520 --> 01:21:47,280
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman San Fernando, Your Honor, gusto ko pong ibigay alam sa inyo,

565
01:21:47,280 --> 01:21:49,840
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pakikipag-ugnayan po ng PAGCOR,

566
01:21:49,840 --> 01:21:57,600
PAGCOR Chairman and CEO Alejandro H. Tengco: sa DICT, sa NTC, at sa CICC.

567
01:21:57,600 --> 01:22:01,719
PAGCOR Chairman and CEO Alejandro H. Tengco: Marami na po kaming, sa pamamagitan nila,

568
01:22:01,719 --> 01:22:04,320
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga ahensyang nabanggit ko,

569
01:22:04,320 --> 01:22:07,440
PAGCOR Chairman and CEO Alejandro H. Tengco: idinimanda sa Korte.

570
01:22:07,440 --> 01:22:14,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Sapagkat maliwanag po na pinatawag po at kinausap po ng CICC

571
01:22:14,600 --> 01:22:19,573
PAGCOR Chairman and CEO Alejandro H. Tengco: ang mga endorsers na yun at winardigan sila.

572
01:22:19,573 --> 01:22:19,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Nahinagpala.

573
01:22:19,840 --> 01:22:30,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi na po sila pwede mag-endorse ng mga illegal or non-PAGCOR licenses.

574
01:22:30,920 --> 01:22:36,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya meron na po silang pangkaso, kung hindi ako nagkakamali,

575
01:22:36,600 --> 01:22:41,920
PAGCOR Chairman and CEO Alejandro H. Tengco: himigit ko buo lang po sa mga labing limang endorsers at top endorsers

576
01:22:41,920 --> 01:22:47,040
PAGCOR Chairman and CEO Alejandro H. Tengco: ang habla na po at ongoing na po yung mga kaso nila.

577
01:22:47,040 --> 01:22:48,800
PAGCOR Chairman and CEO Alejandro H. Tengco: And in fairness,

578
01:22:48,800 --> 01:22:50,159
PAGCOR Chairman and CEO Alejandro H. Tengco: meron pong,

579
01:22:50,159 --> 01:22:56,600
PAGCOR Chairman and CEO Alejandro H. Tengco: magagaling at maraming follower na mga content creators or endorsers

580
01:22:56,600 --> 01:22:59,600
PAGCOR Chairman and CEO Alejandro H. Tengco: ang voluntaryo na pong umatras

581
01:22:59,600 --> 01:23:05,120
PAGCOR Chairman and CEO Alejandro H. Tengco: at hindi na po sila nag-i-endorso ng mga illegal na site.

582
01:23:05,120 --> 01:23:06,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Marami po sa kanila,

583
01:23:06,840 --> 01:23:07,920
PAGCOR Chairman and CEO Alejandro H. Tengco: your honor,

584
01:23:07,920 --> 01:23:12,320
PAGCOR Chairman and CEO Alejandro H. Tengco: lumipat na po sa mga legal operators.

585
01:23:12,320 --> 01:23:14,320
PAGCOR Chairman and CEO Alejandro H. Tengco: So, kami po naman,

586
01:23:14,320 --> 01:23:16,000
PAGCOR Chairman and CEO Alejandro H. Tengco: walang police power,

587
01:23:16,000 --> 01:23:20,120
PAGCOR Chairman and CEO Alejandro H. Tengco: wala po kami magawa kung hindi mag-recommenda lamang

588
01:23:20,120 --> 01:23:22,199
PAGCOR Chairman and CEO Alejandro H. Tengco: sa DICT,

589
01:23:22,199 --> 01:23:23,679
PAGCOR Chairman and CEO Alejandro H. Tengco: sa NTC,

590
01:23:23,679 --> 01:23:26,080
PAGCOR Chairman and CEO Alejandro H. Tengco: gayon din naman sa CICC

591
01:23:26,080 --> 01:23:31,040
Rep. Elijah Rumbaoa San Fernando: ng mga inaakala naming dapat ay maparusahan.

592
01:23:31,040 --> 01:23:34,000
Rep. Elijah Rumbaoa San Fernando: Salamat po, Chair Al, dun sa sinabi nyo.

593
01:23:34,000 --> 01:23:37,280
Rep. Elijah Rumbaoa San Fernando: Kailangan po na mapanagot dahil equally liable

594
01:23:37,280 --> 01:23:40,480
Rep. Elijah Rumbaoa San Fernando: itong mga content creator at influencer na to

595
01:23:40,480 --> 01:23:42,840
Rep. Elijah Rumbaoa San Fernando: sa pagkalulong sa sugal

596
01:23:42,840 --> 01:23:45,520
Rep. Elijah Rumbaoa San Fernando: ng mga manggagawa at ordinaryong Pilipino.

597
01:23:45,520 --> 01:23:47,239
Rep. Elijah Rumbaoa San Fernando: Before I wind up, Madam Chair,

598
01:23:47,239 --> 01:23:48,400
Rep. Elijah Rumbaoa San Fernando: gusto ko lang po maitanong,

599
01:23:48,400 --> 01:23:49,352
Rep. Elijah Rumbaoa San Fernando: sa corporate operating business,

600
01:23:49,352 --> 01:23:50,560
Rep. Elijah Rumbaoa San Fernando: Eto ang mga ating budget niyo,

601
01:23:50,560 --> 01:23:54,360
Rep. Elijah Rumbaoa San Fernando: ilang porsyento po dito ang nakalaan para sa

602
01:23:54,360 --> 01:23:54,840
PAGCOR Chairman and CEO Alejandro H. Tengco: dun sa mga

603
01:23:54,840 --> 01:23:57,851
PAGCOR Chairman and CEO Alejandro H. Tengco: social harm na tinatawag?

604
01:23:57,851 --> 01:23:59,320
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo,

605
01:23:59,320 --> 01:24:00,320
PAGCOR Chairman and CEO Alejandro H. Tengco: ngayon po,

606
01:24:00,320 --> 01:24:02,920
PAGCOR Chairman and CEO Alejandro H. Tengco: sa taong 2026,

607
01:24:02,920 --> 01:24:05,960
PAGCOR Chairman and CEO Alejandro H. Tengco: naging aktibo po ang PAGCOR

608
01:24:05,960 --> 01:24:09,560
PAGCOR Chairman and CEO Alejandro H. Tengco: dito sa game,

609
01:24:09,560 --> 01:24:12,719
PAGCOR Chairman and CEO Alejandro H. Tengco: mga responsible gaming projects po.

610
01:24:12,719 --> 01:24:15,120
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang nakalaan po namin na budget

611
01:24:15,120 --> 01:24:19,010
PAGCOR Chairman and CEO Alejandro H. Tengco: at hindi po kinukuha sa amin mismo,

612
01:24:19,320 --> 01:24:28,000
PAGCOR Chairman and CEO Alejandro H. Tengco: kung hindi sa tulong ng iba't-ibang foundations ng mga kasinos and licenses namin.

613
01:24:28,000 --> 01:24:33,440
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron pong budget na ginagamit una.

614
01:24:33,440 --> 01:24:38,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Gusto kong ibalita at noong isang taon ay hindi pa rin ito nagaganap.

615
01:24:38,520 --> 01:24:44,159
PAGCOR Chairman and CEO Alejandro H. Tengco: Kailan lang ay may 24-7 hotline na po ang PAGCOR.

616
01:24:44,159 --> 01:24:51,360
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung saan, yan po ay makikita nyo na sa maraming billboards all over the country.

617
01:24:51,360 --> 01:25:01,440
PAGCOR Chairman and CEO Alejandro H. Tengco: 24-7 hotline kung saan ang mga nalululong po sa sugal ay meron na pong pwedeng tawagan at makonsulta.

618
01:25:01,440 --> 01:25:07,960
PAGCOR Chairman and CEO Alejandro H. Tengco: May partner po ang PAGCOR dyan, ang Seagulls Flock Foundation.

619
01:25:07,960 --> 01:25:13,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Sila po ay may karanasan sa mga rehabilitation ng mga nalulululong.

620
01:25:13,960 --> 01:25:32,440
PAGCOR Chairman and CEO Alejandro H. Tengco: At sa kasalukuyan, aktibo po ito ang meron pong 6 sa bawat 12-hour shift na mga customer agents na sumasagot dito sa hotline na ito.

621
01:25:32,440 --> 01:25:40,840
PAGCOR Chairman and CEO Alejandro H. Tengco: At gusto ko pong ipagbigay alam sa inyo, noong umpisa po ay siguro nahihiya pa yung mga gamers.

622
01:25:40,840 --> 01:25:44,360
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero sa ngayon po, nagtala na kami

623
01:25:44,360 --> 01:25:50,719
PAGCOR Chairman and CEO Alejandro H. Tengco: nitong nakaraang dalawang buwan, nang humigit-kumulang sa isang daang katao,

624
01:25:50,719 --> 01:25:56,639
PAGCOR Chairman and CEO Alejandro H. Tengco: ang amin ang natulungan sa pagbibigay ng advice,

625
01:25:56,639 --> 01:26:03,679
PAGCOR Chairman and CEO Alejandro H. Tengco: meron na pong mga nai-refer sa rehabilitation centers para po nga sa Responsible Gaming Acts.

626
01:26:03,679 --> 01:26:08,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Doon po, your honor, sa mga billboards na nakikita natin,

627
01:26:08,960 --> 01:26:15,360
PAGCOR Chairman and CEO Alejandro H. Tengco: marami na po kayong makikita ngayon na nandyan na po yung hotline.

628
01:26:15,360 --> 01:26:26,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Bukod talagang full billboard, hiningan po natin ng tulong yung ating licenses para po ma-disseminate yung information sa ating mga kababayan.

629
01:26:26,080 --> 01:26:36,360
PAGCOR Chairman and CEO Alejandro H. Tengco: So, patuloy po ang mga programa namin, lalo't higit na, your honor, yung self-exclusion.

630
01:26:36,360 --> 01:26:41,400
PAGCOR Chairman and CEO Alejandro H. Tengco: Ngayon pa lang po, sa panahon ng PAGCOR, na aktibo ngayon,

631
01:26:41,400 --> 01:26:49,560
PAGCOR Chairman and CEO Alejandro H. Tengco: pwede nang ang isang nalululong sa sugal ay pwede nang sumulat sa amin,

632
01:26:49,560 --> 01:26:58,679
PAGCOR Chairman and CEO Alejandro H. Tengco: kasama ang kanyang pamilya, pwede na rin i-request na pagbawalan ang isang kapamilya nila

633
01:26:58,679 --> 01:27:02,000
PAGCOR Chairman and CEO Alejandro H. Tengco: o mismo yung tao na makapagsugal.

634
01:27:02,000 --> 01:27:07,159
PAGCOR Chairman and CEO Alejandro H. Tengco: At gusto ko pong ipagbigay alam sa lahat,

635
01:27:07,159 --> 01:27:12,080
PAGCOR Chairman and CEO Alejandro H. Tengco: 15,000 na po ang naaprobahan ng mga,

636
01:27:12,080 --> 01:27:17,880
PAGCOR Chairman and CEO Alejandro H. Tengco: ang PAGCOR in the last year for self-exclusion.

637
01:27:17,880 --> 01:27:26,360
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang ibig sabihin po nito, your honor, sila po, naka-alerto na po ang lahat ng land-based casinos natin

638
01:27:26,360 --> 01:27:31,040
PAGCOR Chairman and CEO Alejandro H. Tengco: at ganyan din po naman yung ating online licenses.

639
01:27:31,040 --> 01:27:40,400
PAGCOR Chairman and CEO Alejandro H. Tengco: Nang sa ganon, hindi po pwede nang makapasok at makapagsugal yung inaprobahan po ng PAGCOR

640
01:27:40,400 --> 01:27:47,320
PAGCOR Chairman and CEO Alejandro H. Tengco: na nag-apply ng tinatawag na self or family exclusion.

641
01:27:47,320 --> 01:28:01,119
PAGCOR Chairman and CEO Alejandro H. Tengco: Yan po, your honor, ay parte ng aming mga programang ginagawa para nga po matulungan natin yung ating mga kababayan na nalululong sa sugal.

642
01:28:01,119 --> 01:28:03,320
Rep. Elijah Rumbaoa San Fernando: Thank you, Madam Chair.

643
01:28:03,320 --> 01:28:07,400
Rep. Elijah Rumbaoa San Fernando: Ito pong mga tinanong ko dahil nabanggit niyo po kanina,

644
01:28:07,400 --> 01:28:09,800
Rep. Elijah Rumbaoa San Fernando: ang market po kasi ay CDE.

645
01:28:09,800 --> 01:28:18,679
Rep. Elijah Rumbaoa San Fernando: Ang pinaka-vulnerable po dito sa pagkalulong sa sugal, lalong-lalo na sa online sugal, ay ang mga manggagawa at ordinaryong Pilipino.

646
01:28:18,679 --> 01:28:25,199
Rep. Elijah Rumbaoa San Fernando: Totoo po, nasasabihin ng marami na personal na choice kung ikaw ay magsusugal o hindi.

647
01:28:25,199 --> 01:28:35,560
Rep. Elijah Rumbaoa San Fernando: Pero para sa isang gipit na manggagawa, makikita niya halimbawa si Ivana Alawi, si Vice Ganda, si Vic Soto na magpo-promote ng sugal,

648
01:28:35,560 --> 01:28:43,199
Rep. Elijah Rumbaoa San Fernando: aakalain nila na pwede naman pala kaming magsugal para lang makatawid dito sa aming bahay.

649
01:28:43,199 --> 01:28:46,119
Rep. Elijah Rumbaoa San Fernando: Kaya ko po ito pinapatungkulan, Madam Chair,

650
01:28:46,119 --> 01:28:51,880
Rep. Elijah Rumbaoa San Fernando: dahil napakalaking issue po ang online sugal sa bansa natin.

651
01:28:51,880 --> 01:28:57,800
Rep. Elijah Rumbaoa San Fernando: Marami po ang nalululong, marami pong mga manggagawa, ang nagsasangla.

652
01:28:57,800 --> 01:29:02,360
Rep. Elijah Rumbaoa San Fernando: Dating may kotse, ngayon may motor. Dating may motor, hahatakin yung motor.

653
01:29:02,360 --> 01:29:07,639
Rep. Elijah Rumbaoa San Fernando: So kailangan maging equally liable itong mga influencer, content creator,

654
01:29:07,639 --> 01:29:18,560
Rep. Elijah Rumbaoa San Fernando: pati na rin yung kanilang mga mother company, yung mga kumpanya na pinopromote nila dahil grabe po ang social harm at social cost ng pagkalulong sa sugal.

655
01:29:18,560 --> 01:29:31,320
Rep. Elijah Rumbaoa San Fernando: At Madam Chair, natutuwa po ako dahil kaisa po natin ang PAGCOR, binanggit po na merong commitment para sawatahin itong mga online influencer at content creator na nagpopromote,

656
01:29:31,320 --> 01:29:37,560
Rep. Elijah Rumbaoa San Fernando: walang habas na nagpopromote ng online sugal. Yun lamang po Madam Chair, maraming salamat po.

657
01:29:37,560 --> 01:29:48,239
Rep. Mikaela Angela B. Suansing: Thank you, Representative San Fernando.

658
01:29:48,239 --> 01:29:57,040
Committee Secretary: Thank you, Madam Chair. May we acknowledge Deputy Minority Leader Jeremy Jet Nisay, Vice Chair Lolita Javier,

659
01:29:57,040 --> 01:30:05,639
Committee Secretary: Javier, Deputy Majority Leader Hill Tabarangay Jr. Acosta, Representative Rolando Valeriano,

660
01:30:05,639 --> 01:30:13,119
Committee Secretary: Vice Chair Jose "Bong" Jr. Teves, Deputy Minority Leader Jesus "Bong" Suntay, Vice Chair Bernadette

661
01:30:13,119 --> 01:30:21,840
Committee Secretary: Barbers, Deputy Minority Leader Shielo Crissel-Lagman, Representative Mario Cocoy-Salvador, Representative

662
01:30:21,840 --> 01:30:26,400
Committee Secretary: Liodi Odi-Tariela, Vice Chair Maria Cristina Talavera-Lopez, Representative Citi Amina

663
01:30:26,400 --> 01:30:34,800
Committee Secretary: DiMaporo, Deputy Majority Leader Mica Gonzalez, Vice Chair Loreto Amante, Vice Chair Arne

664
01:30:34,800 --> 01:30:41,880
Committee Secretary: Fern-DeBella, and Representative Mica Gonzalez, and also Representative Julius Cesar Vergara.

665
01:30:41,880 --> 01:30:43,119
Rep. Mikaela Angela B. Suansing: Thank you, Your Honors.

666
01:30:43,119 --> 01:30:45,040
Rep. Mikaela Angela B. Suansing: Thank you, ComSec.

667
01:30:45,040 --> 01:30:49,199
Rep. Mikaela Angela B. Suansing: May I now move to our next interpellator from the majority?

668
01:30:49,199 --> 01:30:50,199
Rep. Mikaela Angela B. Suansing: Representative?

669
01:30:50,199 --> 01:30:57,159
Rep. Mikaela Angela B. Suansing: Representative Bong Teves Jr.

670
01:30:57,159 --> 01:31:00,360
Rep. Jose "Bong" J. Teves Jr.: Thank you, Madam Chair.

671
01:31:00,360 --> 01:31:09,858
Rep. Jose "Bong" J. Teves Jr.: Madam Chair, fellow colleagues, PAGCOR family, headed by Chairman Alejandro Tengco, pleasant

672
01:31:09,858 --> 01:31:14,719
Rep. Jose "Bong" J. Teves Jr.: good morning.

673
01:31:14,719 --> 01:31:24,960
Rep. Jose "Bong" J. Teves Jr.: Mr. Chair, ay Madam Chair, meron ba tayong breakdown ng income ng PAGCOR?

674
01:31:24,960 --> 01:31:30,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, meron ka nandun po sa ating ulat.

675
01:31:30,000 --> 01:31:31,840
Rep. Jose "Bong" J. Teves Jr.: Hindi ko siya mabasa rito eh.

676
01:31:31,840 --> 01:31:33,880
Rep. Jose "Bong" J. Teves Jr.: But anyway, pakibigyan na lang ako.

677
01:31:33,880 --> 01:31:45,760
PAGCOR Chairman and CEO Alejandro H. Tengco: And then, nasa page 4 po, upper portion, nandun po yung comparable results of operations for 2025,

678
01:31:45,760 --> 01:31:53,400
PAGCOR Chairman and CEO Alejandro H. Tengco: which was actual, Your Honor, 2026 estimated po, sapagkat kalahati ang palamputay ng taon,

679
01:31:53,400 --> 01:31:56,840
PAGCOR Chairman and CEO Alejandro H. Tengco: at saka yung projected po for 2027.

680
01:31:56,840 --> 01:32:01,840
Rep. Jose "Bong" J. Teves Jr.: No, I need the breakdown ng income ng PAGCOR.

681
01:32:01,840 --> 01:32:06,760
Rep. Jose "Bong" J. Teves Jr.: Parang example, STL, magkano ba na kukontribute ng STL sa atin?

682
01:32:06,760 --> 01:32:08,679
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po sa amin ng STL, Your Honor.

683
01:32:08,679 --> 01:32:10,287
Rep. Jose "Bong" J. Teves Jr.: Ay, ay, ay, sorry, sorry.

684
01:32:10,287 --> 01:32:11,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa PCS, o po yun, Your Honor.

685
01:32:11,560 --> 01:32:17,494
Rep. Jose "Bong" J. Teves Jr.: Yung sa online gaming, magkano ba na kukontribute natin?

686
01:32:17,494 --> 01:32:19,040
Rep. Jose "Bong" J. Teves Jr.: Hindi.

687
01:32:19,040 --> 01:32:20,760
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

688
01:32:20,760 --> 01:32:22,360
PAGCOR Chairman and CEO Alejandro H. Tengco: We will furnish you one.

689
01:32:22,360 --> 01:32:30,400
PAGCOR Chairman and CEO Alejandro H. Tengco: But from the gaming operations po, in page 4, kung inyo pong makikita,

690
01:32:30,400 --> 01:32:31,560
PAGCOR Chairman and CEO Alejandro H. Tengco: ang estimated po,

691
01:32:31,560 --> 01:32:35,080
PAGCOR Chairman and CEO Alejandro H. Tengco: ay kulang 80 billion pesos.

692
01:32:35,080 --> 01:32:41,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Halos sa ngayon po, Your Honor, nakalalamang na ng konti yung online gaming.

693
01:32:41,840 --> 01:32:47,920
PAGCOR Chairman and CEO Alejandro H. Tengco: So, halos sabihin na po natin, tabla siya sa around 50% po,

694
01:32:47,920 --> 01:32:56,520
PAGCOR Chairman and CEO Alejandro H. Tengco: ay nagmumula sa land-based casinos, at 50% po, ay nagmumula sa online gaming.

695
01:32:56,520 --> 01:33:00,679
PAGCOR Chairman and CEO Alejandro H. Tengco: So, kung titignan nyo po yung ulat,

696
01:33:00,679 --> 01:33:07,800
PAGCOR Chairman and CEO Alejandro H. Tengco: halos 40 billion pesos po, ang inaasahang maging kita ng online gaming,

697
01:33:07,800 --> 01:33:17,199
PAGCOR Chairman and CEO Alejandro H. Tengco: at pagkatapos po naman, 40 billion din po, ang maging kita ng land-based casino licenses po natin, Your Honor.

698
01:33:17,199 --> 01:33:19,520
Rep. Jose "Bong" J. Teves Jr.: Okay.

699
01:33:19,520 --> 01:33:25,840
Rep. Jose "Bong" J. Teves Jr.: Based sa report, 2024 is 111 billion tayo, diba?

700
01:33:25,840 --> 01:33:27,040
PAGCOR Chairman and CEO Alejandro H. Tengco: Tama po, Your Honor.

701
01:33:27,040 --> 01:33:30,299
Rep. Jose "Bong" J. Teves Jr.: And then, based sa report, 2025 is 165.

702
01:33:30,299 --> 01:33:31,719
PAGCOR Chairman and CEO Alejandro H. Tengco: 166 billion.

703
01:33:31,719 --> 01:33:32,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, Your Honor.

704
01:33:32,800 --> 01:33:34,840
Rep. Jose "Bong" J. Teves Jr.: Bumaba tayo.

705
01:33:34,840 --> 01:33:42,060
PAGCOR Chairman and CEO Alejandro H. Tengco: Bumaba po ito dahil effective po noong 2025, pinagbawal na po yung POGO.

706
01:33:42,060 --> 01:33:42,600
Rep. Jose "Bong" J. Teves Jr.: POGO, yes.

707
01:33:42,600 --> 01:33:44,159
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

708
01:33:44,159 --> 01:33:46,679
PAGCOR Chairman and CEO Alejandro H. Tengco: Ayan po ay nawalam po tayo.

709
01:33:46,679 --> 01:33:54,280
PAGCOR Chairman and CEO Alejandro H. Tengco: Projected for 2025, mga 10 billion piso po ang nawala po sa atin noon, Your Honor.

710
01:33:54,280 --> 01:33:57,560
Rep. Jose "Bong" J. Teves Jr.: Ano ang paraan para bumalik natin ito?

711
01:33:57,560 --> 01:33:59,920
Rep. Jose "Bong" J. Teves Jr.: Meron ba tayong mga naisip na pamamaraan na po?

712
01:33:59,920 --> 01:34:03,760
Rep. Jose "Bong" J. Teves Jr.: Meron ba tayong mga naisip na pamamaraan ng PAGCOR para bumalik ang nawawala na pamalit ng POGO?

713
01:34:03,760 --> 01:34:06,480
Rep. Jose "Bong" J. Teves Jr.: Pero legal?

714
01:34:06,480 --> 01:34:14,760
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa ngayon po, talagang nagkoconcentrate po ang PAGCOR, Your Honor sa...

715
01:34:14,760 --> 01:34:18,480
PAGCOR Chairman and CEO Alejandro H. Tengco: ...pagpapalakas ng online gaming.

716
01:34:18,480 --> 01:34:19,808
PAGCOR Chairman and CEO Alejandro H. Tengco: Sapagkat, sa pangkasalukuyan,

717
01:34:19,808 --> 01:34:21,800
PAGCOR Chairman and CEO Alejandro H. Tengco: nasa sa 50% lang po ang nakaka-capture na market natin,

718
01:34:21,800 --> 01:34:27,760
PAGCOR Chairman and CEO Alejandro H. Tengco: ...nasa sa 50% lang po ang naka-capture na market natin,

719
01:34:27,760 --> 01:34:38,440
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang tinutukoy ko po, limampung porsyento po ng industriya ng online gaming ay legal, limampung porsyento po ay iligal.

720
01:34:38,440 --> 01:34:49,800
PAGCOR Chairman and CEO Alejandro H. Tengco: So, doon po, ang aming mga programa talaga ay papano mahikayat yung mga iligal na maging legal.

721
01:34:49,800 --> 01:34:57,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Sapagat sabi ko nga eh, because of the advances of technology, napakahirap na po talagang maalis itong online gaming.

722
01:34:57,920 --> 01:35:03,239
PAGCOR Chairman and CEO Alejandro H. Tengco: Eh, ang aming po ang kinukonsentratan ngayon is papano mahikayat.

723
01:35:03,239 --> 01:35:16,000
PAGCOR Chairman and CEO Alejandro H. Tengco: At maganda naman po ang nagiging resulta, meron na po ilang malalaking iligal na online gaming operators na gusto na po mag-apply sa PAGCOR ng lisensya.

724
01:35:16,000 --> 01:35:18,000
PAGCOR Chairman and CEO Alejandro H. Tengco: So, una pong hakbang yan.

725
01:35:18,000 --> 01:35:26,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Pangalawa po, pinalalakas din po ng PAGCOR ngayon yung tinatawag na Special Class BPO.

726
01:35:26,600 --> 01:35:28,320
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung saan?

727
01:35:28,320 --> 01:35:39,280
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang ating pong bansa ay kilalang napakalakas sa industriya ng business processing outsourcing.

728
01:35:39,280 --> 01:35:52,280
PAGCOR Chairman and CEO Alejandro H. Tengco: Eh, nakita po namin, Your Honor, marami pong backroom operations ng malalaking mga land-based operations at online gaming operations abroad.

729
01:35:52,280 --> 01:35:58,360
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang pwede pong dito na sa Pilipinas magkaroon ng backroom operations.

730
01:35:58,360 --> 01:36:08,400
PAGCOR Chairman and CEO Alejandro H. Tengco: Gusto ko pong bigay na halimbawa ang isa sa pinakamalaking kasino sa buong mundo, MGM.

731
01:36:08,400 --> 01:36:13,400
PAGCOR Chairman and CEO Alejandro H. Tengco: Nandito na po ang backroom operations nila, Your Honor, sa Pilipinas.

732
01:36:13,400 --> 01:36:21,080
PAGCOR Chairman and CEO Alejandro H. Tengco: At dito na po ang kanilang HR, accounting, at saka yung mga graphics design ginagawa.

733
01:36:21,080 --> 01:36:29,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron pong humigit kumulang dalawang milyong, eh, dalawang libong empleyadong Pilipino na po.

734
01:36:29,960 --> 01:36:46,760
PAGCOR Chairman and CEO Alejandro H. Tengco: At bukod po ron, tinatarget po namin na ito ay palakasin ng sa ganon, una, makapagdagdag po ng trabaho sa ating kapwa Pilipino na nangangailangan ng trabaho sa pangkasalukuyan.

735
01:36:46,760 --> 01:36:52,000
PAGCOR Chairman and CEO Alejandro H. Tengco: As a BPO worker, hindi po ito sumesweldo ng minimum wage.

736
01:36:52,000 --> 01:36:58,639
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang sweldo po nito ay nasa sa range ng P35,000 to P50,000.

737
01:36:58,639 --> 01:37:10,639
PAGCOR Chairman and CEO Alejandro H. Tengco: At pangalawa, meron pong additional revenue ang PAGCOR sapagkat ibat-ibang uri po ng fees ang nakukulikta namin sa kanila.

738
01:37:10,639 --> 01:37:24,920
PAGCOR Chairman and CEO Alejandro H. Tengco: So, inaasahan ko po na by 2026, meron pong humigit kumulang mga 2.5 hanggang 3 billion piso po

739
01:37:24,920 --> 01:37:31,719
PAGCOR Chairman and CEO Alejandro H. Tengco: ang maaring umakyat na revenue.

740
01:37:31,719 --> 01:37:43,360
PAGCOR Chairman and CEO Alejandro H. Tengco: So, yun po ang pang-neutralize natin dito sa nangyayaring paghina ng land-based operations at saka ng online gaming po, Your Honor.

741
01:37:43,360 --> 01:37:48,000
Rep. Jose "Bong" J. Teves Jr.: Okay. Thank you, Mr. Chair.

742
01:37:48,000 --> 01:37:59,400
Rep. Jose "Bong" J. Teves Jr.: Madam Chair, tulad ng sinabi ni Congressman Ili ng Manggagawa,

743
01:37:59,400 --> 01:38:03,560
Rep. Jose "Bong" J. Teves Jr.: maraming kabataan ang nalululong sa online, hindi lang kabataan.

744
01:38:03,560 --> 01:38:06,400
Rep. Jose "Bong" J. Teves Jr.: Ano ba ang mga proseso natin para mabawasan ito?

745
01:38:06,400 --> 01:38:10,119
Rep. Jose "Bong" J. Teves Jr.: Or, ano ang dapat natin gawin?

746
01:38:10,119 --> 01:38:12,560
Rep. Jose "Bong" J. Teves Jr.: Kasi meron akong nakikita rito,

747
01:38:12,560 --> 01:38:18,360
Rep. Jose "Bong" J. Teves Jr.: isa sa mga income ng PAGCOR at isa sa mga initiative ng PAGCOR

748
01:38:18,360 --> 01:38:26,599
Rep. Jose "Bong" J. Teves Jr.: na ginagawa ninyo ay magpagawa ng mga school building.

749
01:38:26,599 --> 01:38:30,040
Rep. Jose "Bong" J. Teves Jr.: Nakalagay dito, nationwide school building program.

750
01:38:30,040 --> 01:38:30,360
Rep. Jose "Bong" J. Teves Jr.: Okay?

751
01:38:30,360 --> 01:38:31,760
Rep. Jose "Bong" J. Teves Jr.: Okay.

752
01:38:32,000 --> 01:38:37,440
Rep. Jose "Bong" J. Teves Jr.: Nakikita yung inyong mga tarpulin na gawa ng PAGCOR

753
01:38:37,440 --> 01:38:42,280
Rep. Jose "Bong" J. Teves Jr.: ng mga estudyante, kabataan, elementary and high school.

754
01:38:42,280 --> 01:38:48,159
Rep. Jose "Bong" J. Teves Jr.: Sasabi nila, ay, galing sa PAGCOR yung school building namin, magtataya kami sa online.

755
01:38:48,159 --> 01:38:50,920
Rep. Jose "Bong" J. Teves Jr.: Yes. Kasi iba yung produkto ng pag-iisip ngayon.

756
01:38:50,920 --> 01:38:52,960
Rep. Jose "Bong" J. Teves Jr.: Di ba nakikita natin ngayon?

757
01:38:52,960 --> 01:38:57,520
Rep. Jose "Bong" J. Teves Jr.: Nakita lang natin sa mga TV, kung saan-saan,

758
01:38:57,520 --> 01:39:01,199
Rep. Jose "Bong" J. Teves Jr.: na yung social media natin, napakabilis.

759
01:39:01,199 --> 01:39:02,520
Rep. Jose "Bong" J. Teves Jr.: Nagdala-dala ng mga baril yung kabataan.

760
01:39:02,520 --> 01:39:04,159
Rep. Jose "Bong" J. Teves Jr.: Namamaril na namamaral.

761
01:39:04,159 --> 01:39:04,800
Rep. Jose "Bong" J. Teves Jr.: Namamaril.

762
01:39:04,800 --> 01:39:06,639
Rep. Jose "Bong" J. Teves Jr.: Ganun din ang nakikita ko rito.

763
01:39:06,639 --> 01:39:11,880
Rep. Jose "Bong" J. Teves Jr.: Bakit hindi natin palitan ito ng mga programa na mga katulong pa?

764
01:39:11,880 --> 01:39:15,440
Rep. Jose "Bong" J. Teves Jr.: May suggestion na, Madam Chair,

765
01:39:15,440 --> 01:39:20,040
Rep. Jose "Bong" J. Teves Jr.: bakit instead of school building program ang ilagawa natin,

766
01:39:20,040 --> 01:39:24,520
Rep. Jose "Bong" J. Teves Jr.: bakit hindi natin sundin yung gusto nang mangyari ng ating Pangulo

767
01:39:24,520 --> 01:39:30,280
Rep. Jose "Bong" J. Teves Jr.: during SONA, na sinabi niya magpapagawa siya ng maraming evacuation center

768
01:39:30,280 --> 01:39:32,119
Rep. Jose "Bong" J. Teves Jr.: na mas efektibo.

769
01:39:32,119 --> 01:39:37,960
Rep. Jose "Bong" J. Teves Jr.: Kaysa makikita ng mga kabataan na yung pala school building gawa ng PAGCOR

770
01:39:37,960 --> 01:39:40,800
Rep. Jose "Bong" J. Teves Jr.: galing sa sugal ng online, tataya kami.

771
01:39:40,800 --> 01:39:42,960
Rep. Jose "Bong" J. Teves Jr.: Siguro, pag-alala natin ito.

772
01:39:42,960 --> 01:39:47,119
Rep. Jose "Bong" J. Teves Jr.: Baka sakaling mas magandang evacuation center na lang ang ipagawa natin

773
01:39:47,119 --> 01:39:51,080
Rep. Jose "Bong" J. Teves Jr.: sa mga typhoon prone area na talaga namang kailangan ngayon

774
01:39:51,080 --> 01:39:55,560
Rep. Jose "Bong" J. Teves Jr.: at binanggit ito ng ating Pangulo during SONA.

775
01:39:55,560 --> 01:40:01,000
Rep. Jose "Bong" J. Teves Jr.: At pangalawa, wala po akong nakikita rito na pundo

776
01:40:01,000 --> 01:40:02,080
Rep. Jose "Bong" J. Teves Jr.: para sa information.

777
01:40:02,080 --> 01:40:07,159
Rep. Jose "Bong" J. Teves Jr.: Dissemination program sa mga schools, elementary and high schools

778
01:40:07,159 --> 01:40:13,040
Rep. Jose "Bong" J. Teves Jr.: para ang pagsusugal ay hindi tama, lalong-lalong na sa kabataan

779
01:40:13,040 --> 01:40:14,800
Rep. Jose "Bong" J. Teves Jr.: para ma-prevent natin sila.

780
01:40:14,800 --> 01:40:16,800
Rep. Jose "Bong" J. Teves Jr.: Prevention ang kailangan natin.

781
01:40:16,800 --> 01:40:21,400
Rep. Jose "Bong" J. Teves Jr.: Kasi hindi lang namang po matatanda o may edad

782
01:40:21,400 --> 01:40:23,599
Rep. Jose "Bong" J. Teves Jr.: ang mga nagsusugal, kundi kabataan.

783
01:40:23,599 --> 01:40:26,719
Rep. Jose "Bong" J. Teves Jr.: Maraming kabataan na nagsusugal ngayon.

784
01:40:26,719 --> 01:40:29,599
Rep. Jose "Bong" J. Teves Jr.: Kinakikita nyo sa iba-iba, lalo sa Metro Manila.

785
01:40:29,599 --> 01:40:30,280
Rep. Jose "Bong" J. Teves Jr.: Bakit?

786
01:40:30,280 --> 01:40:32,639
Rep. Jose "Bong" J. Teves Jr.: Kasi nakikita ko po rito,

787
01:40:32,639 --> 01:40:33,679
Rep. Jose "Bong" J. Teves Jr.: itong information dissemination.

788
01:40:33,679 --> 01:40:36,040
Rep. Jose "Bong" J. Teves Jr.: Napakaganda po ng programa natin.

789
01:40:36,040 --> 01:40:42,360
Rep. Jose "Bong" J. Teves Jr.: Meron, namimigay tayo ng transport vehicle sa mga pasyente,

790
01:40:42,360 --> 01:40:45,159
Rep. Jose "Bong" J. Teves Jr.: mga food packs during a calamity.

791
01:40:45,159 --> 01:40:47,560
Rep. Jose "Bong" J. Teves Jr.: Bakit instead of school building,

792
01:40:47,560 --> 01:40:51,520
Rep. Jose "Bong" J. Teves Jr.: ang gawin na lang natin ay evacuation center na lang.

793
01:40:51,520 --> 01:40:55,480
Rep. Jose "Bong" J. Teves Jr.: At idagdag natin ang information dissemination campaign

794
01:40:55,480 --> 01:40:58,199
Rep. Jose "Bong" J. Teves Jr.: sa mga eskwilahan, magdagdag tayo ng pundo.

795
01:40:58,199 --> 01:41:01,679
Rep. Jose "Bong" J. Teves Jr.: It's my suggestion, Mr. Chair.

796
01:41:01,679 --> 01:41:06,599
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, we will take note of your suggestions.

797
01:41:06,599 --> 01:41:10,599
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, we do not have, but maybe,

798
01:41:10,599 --> 01:41:13,960
PAGCOR Chairman and CEO Alejandro H. Tengco: gusto ko lang pong banggitin dito.

799
01:41:13,960 --> 01:41:16,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Isa po talaga sa programa ng PAGCOR,

800
01:41:16,000 --> 01:41:19,639
PAGCOR Chairman and CEO Alejandro H. Tengco: yung pagpapatuloy na magpagawa ng mga evacuation centers.

801
01:41:19,639 --> 01:41:23,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero it has been overcome by the memorandum of agreement

802
01:41:23,800 --> 01:41:27,520
PAGCOR Chairman and CEO Alejandro H. Tengco: that we have signed with the Department of Education.

803
01:41:27,520 --> 01:41:29,320
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil, tunay po nana,

804
01:41:29,320 --> 01:41:33,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Napakalaki din ang backlog ng mga classrooms natin, Your Honor.

805
01:41:33,960 --> 01:41:41,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya minarapat na rin po ng Administrasyon pangasulukuyan na talagang ito o not,

806
01:41:41,000 --> 01:41:44,199
PAGCOR Chairman and CEO Alejandro H. Tengco: bigyan na ng pansin yung pagpapagawa ng mga eskwelahan.

807
01:41:44,199 --> 01:41:58,199
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero we will consider your suggestions and, Your Honor, we will see how we can balance your suggestion with our current programs.

808
01:41:58,199 --> 01:42:05,920
Rep. Jose "Bong" J. Teves Jr.: Thank you, Madam Chair. Lastly, what is the status of PAGCOR Casino Privatization Initiatives?

809
01:42:05,920 --> 01:42:14,599
Rep. Jose "Bong" J. Teves Jr.: Paano natin itong magiging efektibo sa ating revenue at sa pagkakawala ng maraming trabano?

810
01:42:14,599 --> 01:42:19,760
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po sa katanungan niyo, Congressman Odi.

811
01:42:19,760 --> 01:42:27,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa pangasulukuyan po ay iniintay na lang po ng PAGCOR ang desisyon ng GCG.

812
01:42:27,520 --> 01:42:38,159
PAGCOR Chairman and CEO Alejandro H. Tengco: Or yung Governance Commission for GOCCs na isumiti na po namin ang aming mga datos na hiningi nila.

813
01:42:38,159 --> 01:42:46,360
PAGCOR Chairman and CEO Alejandro H. Tengco: At sila po bilang nasa sa ilalim kami ang siyang magre-rekomenda sa tanggapan ng Pangulo

814
01:42:46,360 --> 01:42:51,199
PAGCOR Chairman and CEO Alejandro H. Tengco: yung pagpapatuloy po ng tinatawag na privatization or decoupling.

815
01:42:51,199 --> 01:42:58,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang balita ko po ay baka po hindi marating ang last quarter.

816
01:42:58,000 --> 01:43:02,119
PAGCOR Chairman and CEO Alejandro H. Tengco: Magkaroon na po ng desisyon tungkol dito.

817
01:43:02,119 --> 01:43:08,400
PAGCOR Chairman and CEO Alejandro H. Tengco: Tunay po kasing napakabigat na rin ang kargan ng Casino Filipino, Your Honor.

818
01:43:08,400 --> 01:43:14,360
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil sa panahon pong ako ay nanunungkulan sa PAGCOR,

819
01:43:14,360 --> 01:43:21,400
PAGCOR Chairman and CEO Alejandro H. Tengco: napanglaki na po ng lugi ng Casino Filipino branches po namin.

820
01:43:21,400 --> 01:43:25,719
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya wala na po talagang dapat gawin kung hindi.

821
01:43:25,719 --> 01:43:28,960
PAGCOR Chairman and CEO Alejandro H. Tengco: I-unload na po ito sa pribadong sektor.

822
01:43:28,960 --> 01:43:36,520
PAGCOR Chairman and CEO Alejandro H. Tengco: So, we are just waiting for the recommendation of GCG to the Office of the President.

823
01:43:36,520 --> 01:43:42,159
PAGCOR Chairman and CEO Alejandro H. Tengco: And as I said, we were told it will be coming out very soon.

824
01:43:42,159 --> 01:43:46,280
PAGCOR Chairman and CEO Alejandro H. Tengco: Tungkol naman po sa maapekto ang mga empleyado,

825
01:43:46,280 --> 01:43:53,880
PAGCOR Chairman and CEO Alejandro H. Tengco: ako po ay imikot na halos sa lahat ng ating mga Casino Filipino sites sa buong Pilipinas.

826
01:43:53,880 --> 01:43:58,040
PAGCOR Chairman and CEO Alejandro H. Tengco: At pinaliwanag ko po sa lahat ng empleyado maapekto ham.

827
01:43:58,040 --> 01:44:04,440
PAGCOR Chairman and CEO Alejandro H. Tengco: Na una, yung kanila pong retirement ay babayaran.

828
01:44:04,440 --> 01:44:12,760
PAGCOR Chairman and CEO Alejandro H. Tengco: Pangalawa, bukod po sa regular retirement, magkakaroon po ng tinatawag na special incentive package.

829
01:44:12,760 --> 01:44:18,159
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung saan, because of the involuntary nature of the retirement,

830
01:44:18,159 --> 01:44:23,599
PAGCOR Chairman and CEO Alejandro H. Tengco: magkakaroon po ng karagdagang retirement package aside from retirement.

831
01:44:23,599 --> 01:44:30,760
PAGCOR Chairman and CEO Alejandro H. Tengco: Di normal retirement package ang isang maapekto hang empleyado ng PAGCOR.

832
01:44:30,760 --> 01:44:36,880
PAGCOR Chairman and CEO Alejandro H. Tengco: Dito sa nasabing decoupling privatization na ito.

833
01:44:36,880 --> 01:44:41,840
Rep. Jose "Bong" J. Teves Jr.: Thank you, Mr. Chairman. Madam Chair, thank you very much.

834
01:44:41,840 --> 01:44:50,560
Rep. Jose "Bong" J. Teves Jr.: At ang TJP Partylist, pakunguna po ni Vice Chairman ng Appropriation at ng Deputy Majority of Bung Tebes

835
01:44:50,560 --> 01:44:53,239
Rep. Jose "Bong" J. Teves Jr.: ay palaging sumusuporta sa PAGCOR.

836
01:44:53,239 --> 01:44:54,100
Rep. Jose "Bong" J. Teves Jr.: Thank you very much.

837
01:44:54,100 --> 01:44:55,080
Rep. Jose "Bong" J. Teves Jr.: Panaming salam.

838
01:44:55,080 --> 01:45:02,159
PAGCOR Chairman and CEO Alejandro H. Tengco: Panaming salamat din po, Your Honor.

839
01:45:02,159 --> 01:45:04,920
Rep. Mikaela Angela B. Suansing: Thank you very much, Representative Bong Teves.

840
01:45:04,920 --> 01:45:11,480
Rep. Mikaela Angela B. Suansing: We'll now move to our next interpellator from the minority, Representative Sarah Elago.

841
01:45:11,480 --> 01:45:14,599
Rep. Sarah Jane I. Elago: Thank you, Madam Chair. Good morning.

842
01:45:14,599 --> 01:45:18,639
Rep. Sarah Jane I. Elago: A few clarificatory questions on the nationwide school building program,

843
01:45:18,639 --> 01:45:24,280
Rep. Sarah Jane I. Elago: notwithstanding, of course, the concerns raised by our fellow legislators.

844
01:45:24,280 --> 01:45:28,920
Rep. Sarah Jane I. Elago: The initial funding stated here is 1.37 billion pesos.

845
01:45:28,920 --> 01:45:38,679
Rep. Sarah Jane I. Elago: Is this for the year? O kasama na po yung for next year din?

846
01:45:38,679 --> 01:45:43,159
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, baka po, anong page po ba yan?

847
01:45:43,159 --> 01:45:45,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Ganito po yan.

848
01:45:45,520 --> 01:45:50,760
PAGCOR Chairman and CEO Alejandro H. Tengco: In our memorandum of agreement with the Department of Education

849
01:45:50,760 --> 01:45:55,440
PAGCOR Chairman and CEO Alejandro H. Tengco: signed by myself and Secretary Sunny Angara,

850
01:45:55,440 --> 01:46:02,040
PAGCOR Chairman and CEO Alejandro H. Tengco: we will be funding the construction of 125 buildings

851
01:46:02,040 --> 01:46:08,446
PAGCOR Chairman and CEO Alejandro H. Tengco: and 3-story, 12-classroom school buildings,

852
01:46:08,446 --> 01:46:11,199
PAGCOR Chairman and CEO Alejandro H. Tengco: the total amount of which,

853
01:46:11,199 --> 01:46:16,239
PAGCOR Chairman and CEO Alejandro H. Tengco: including the equipment and furnitures like the chairs,

854
01:46:16,239 --> 01:46:20,920
PAGCOR Chairman and CEO Alejandro H. Tengco: will be roughly about 7.5 billion pesos.

855
01:46:20,920 --> 01:46:30,501
PAGCOR Chairman and CEO Alejandro H. Tengco: So that will be the equivalent of about 1,500 classrooms.

856
01:46:30,501 --> 01:46:31,679
PAGCOR Chairman and CEO Alejandro H. Tengco: They are...

857
01:46:31,679 --> 01:46:32,880
PAGCOR Chairman and CEO Alejandro H. Tengco: They will be equipped...

858
01:46:32,880 --> 01:46:35,599
PAGCOR Chairman and CEO Alejandro H. Tengco: I mean, they will have furnitures already,

859
01:46:35,599 --> 01:46:38,880
PAGCOR Chairman and CEO Alejandro H. Tengco: like the student chairs and tables.

860
01:46:38,880 --> 01:46:44,119
PAGCOR Chairman and CEO Alejandro H. Tengco: They will have the 75-inch TVs in every classroom

861
01:46:44,119 --> 01:46:50,760
PAGCOR Chairman and CEO Alejandro H. Tengco: and meron pong amplifier yung teacher and so on and so forth.

862
01:46:50,760 --> 01:47:00,199
PAGCOR Chairman and CEO Alejandro H. Tengco: So that program, Your Honor, will be for the period 2026 up to the end of 2027.

863
01:47:00,199 --> 01:47:01,480
PAGCOR Chairman and CEO Alejandro H. Tengco: We will be...

864
01:47:01,480 --> 01:47:07,480
PAGCOR Chairman and CEO Alejandro H. Tengco: It will be the Department of Education that will be vetting and recommending

865
01:47:07,480 --> 01:47:11,440
PAGCOR Chairman and CEO Alejandro H. Tengco: the school building that will be constructed

866
01:47:11,440 --> 01:47:18,800
PAGCOR Chairman and CEO Alejandro H. Tengco: and it will be PAGCOR through the different LGUs that will be funding the construction.

867
01:47:18,800 --> 01:47:24,440
PAGCOR Chairman and CEO Alejandro H. Tengco: So for this year, as the process has already started,

868
01:47:24,440 --> 01:47:29,440
PAGCOR Chairman and CEO Alejandro H. Tengco: we have earmarked close to about 3.5 billion pesos

869
01:47:29,440 --> 01:47:30,480
PAGCOR Chairman and CEO Alejandro H. Tengco: to pay for the construction of the school buildings.

870
01:47:30,480 --> 01:47:34,871
PAGCOR Chairman and CEO Alejandro H. Tengco: For the 50% down payment that we will release

871
01:47:34,871 --> 01:47:38,239
PAGCOR Chairman and CEO Alejandro H. Tengco: to the different local government units

872
01:47:38,239 --> 01:47:43,159
PAGCOR Chairman and CEO Alejandro H. Tengco: and then there will be a series of progressive billing payments

873
01:47:43,159 --> 01:47:54,080
Rep. Sarah Jane I. Elago: that we will make dependent on the completion of every school building.

874
01:47:54,080 --> 01:47:54,800
Rep. Sarah Jane I. Elago: Yes, Madam Chair.

875
01:47:54,800 --> 01:47:59,119
Rep. Sarah Jane I. Elago: We'll just request PAGCOR to submit to this committee a breakdown

876
01:47:59,119 --> 01:48:02,320
Rep. Sarah Jane I. Elago: of the...

877
01:48:02,320 --> 01:48:07,679
Rep. Sarah Jane I. Elago: utilization of these funds for the nationwide school building program.

878
01:48:07,679 --> 01:48:09,480
Rep. Sarah Jane I. Elago: So malinaw po, no?

879
01:48:09,480 --> 01:48:14,599
Rep. Sarah Jane I. Elago: DepEd ang mag-be-vet, mag-identify, magkitiyak kung saan po mapupunta

880
01:48:14,599 --> 01:48:17,880
PAGCOR Chairman and CEO Alejandro H. Tengco: itong mga classrooms na dagdag na nais nating magawa.

881
01:48:17,880 --> 01:48:19,599
PAGCOR Chairman and CEO Alejandro H. Tengco: Maliwanag po yun, Your Honor.

882
01:48:19,599 --> 01:48:21,760
PAGCOR Chairman and CEO Alejandro H. Tengco: At kanina ngayon may mga nagtatunong,

883
01:48:21,760 --> 01:48:26,360
PAGCOR Chairman and CEO Alejandro H. Tengco: pati po sa bidding, wala pong pakialam ang PAGCOR.

884
01:48:26,360 --> 01:48:30,377
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang PAGCOR po ay magpo-pondo lamang.

885
01:48:30,377 --> 01:48:35,734
PAGCOR Chairman and CEO Alejandro H. Tengco: There are so many requirements between the Department of Education

886
01:48:35,734 --> 01:48:39,883
PAGCOR Chairman and CEO Alejandro H. Tengco: and the local government unit concerned.

887
01:48:39,883 --> 01:48:43,639
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR basically collates all of them.

888
01:48:43,639 --> 01:48:52,360
PAGCOR Chairman and CEO Alejandro H. Tengco: And between myself and the LGU or the district concerned,

889
01:48:52,360 --> 01:48:54,880
PAGCOR Chairman and CEO Alejandro H. Tengco: meron po memorandum of agreement.

890
01:48:54,880 --> 01:48:59,440
PAGCOR Chairman and CEO Alejandro H. Tengco: And then we shall release the first funds

891
01:48:59,440 --> 01:49:09,644
PAGCOR Chairman and CEO Alejandro H. Tengco: of the budget to the respective LGUs who will take charge of the bidding process.

892
01:49:09,644 --> 01:49:09,952
Rep. Sarah Jane I. Elago: Okay, Chair.

893
01:49:09,952 --> 01:49:10,904
Rep. Sarah Jane I. Elago: Your Honor.

894
01:49:10,904 --> 01:49:11,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes.

895
01:49:11,520 --> 01:49:15,800
Rep. Sarah Jane I. Elago: Yung pondo po natin magagaling dito sa Fund for Social Civic Projects.

896
01:49:15,800 --> 01:49:16,360
Rep. Sarah Jane I. Elago: Yes, Your Honor.

897
01:49:16,360 --> 01:49:17,199
Rep. Sarah Jane I. Elago: Is this correct?

898
01:49:17,199 --> 01:49:18,566
Rep. Sarah Jane I. Elago: Yes, Your Honor.

899
01:49:18,566 --> 01:49:18,880
Rep. Sarah Jane I. Elago: Alright.

900
01:49:18,880 --> 01:49:21,080
Rep. Sarah Jane I. Elago: Now let me go to the...

901
01:49:21,080 --> 01:49:24,320
Rep. Sarah Jane I. Elago: I'd like to follow through on questions

902
01:49:24,320 --> 01:49:26,599
Rep. Sarah Jane I. Elago: with regard to the regulation on gambling ads.

903
01:49:26,599 --> 01:49:28,239
Rep. Sarah Jane I. Elago: Nabanggit niyo po kanina na meron,

904
01:49:28,239 --> 01:49:32,639
Rep. Sarah Jane I. Elago: kayong mga napatawa ng fines.

905
01:49:32,639 --> 01:49:34,075
Rep. Sarah Jane I. Elago: Nabanggit niyong halimbawa,

906
01:49:34,075 --> 01:49:35,040
Rep. Sarah Jane I. Elago: one million pesos.

907
01:49:35,040 --> 01:49:38,440
Rep. Sarah Jane I. Elago: Pero for the past months,

908
01:49:38,440 --> 01:49:41,760
Rep. Sarah Jane I. Elago: nasinimulan niyo po itong mas mahigpit ninyo na regulation,

909
01:49:41,760 --> 01:49:43,599
PAGCOR Chairman and CEO Alejandro H. Tengco: magkano na yung buong nakolekta?

910
01:49:43,599 --> 01:49:47,119
PAGCOR Chairman and CEO Alejandro H. Tengco: At saan yung ginagamit ito?

911
01:49:47,119 --> 01:49:51,719
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang nakolekta na po namin since 2026,

912
01:49:51,719 --> 01:49:56,000
PAGCOR Chairman and CEO Alejandro H. Tengco: meron na po sigurong mayigit isandang milyong piso.

913
01:49:56,000 --> 01:49:58,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito po, it forms part of the other income.

914
01:49:58,840 --> 01:50:02,040
PAGCOR Chairman and CEO Alejandro H. Tengco: As stated in our statement.

915
01:50:02,040 --> 01:50:09,000
PAGCOR Chairman and CEO Alejandro H. Tengco: At yan po ay nasasama po sa corporate income natin.

916
01:50:09,000 --> 01:50:15,679
Rep. Sarah Jane I. Elago: Kung saan that is distributed as listed in our presentation, Your Honor.

917
01:50:15,679 --> 01:50:21,159
Rep. Sarah Jane I. Elago: Nabanggit niyo rin kanina na meron na tayong mga nakasuhan.

918
01:50:21,159 --> 01:50:25,159
Rep. Sarah Jane I. Elago: Pwede ba kaming humingi ng listahan ng mga nakasuhan niyo na

919
01:50:25,159 --> 01:50:27,599
Rep. Sarah Jane I. Elago: at kung meron na bang nanagot,

920
01:50:27,599 --> 01:50:29,239
Rep. Sarah Jane I. Elago: meron na bang nasuspindi,

921
01:50:29,239 --> 01:50:35,800
PAGCOR Chairman and CEO Alejandro H. Tengco: meron na bang nakansela ang license dahil dito sa stricter rules ninyo?

922
01:50:35,800 --> 01:50:39,159
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, binanggit ko po kanina,

923
01:50:39,159 --> 01:50:44,199
PAGCOR Chairman and CEO Alejandro H. Tengco: yung nakasuhan ay hindi po nagmula sa PAGCOR.

924
01:50:44,199 --> 01:50:51,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang nagkaso po laban dito sa mga nababanggit kanina pang mga endorsers or influencers

925
01:50:51,920 --> 01:50:54,800
PAGCOR Chairman and CEO Alejandro H. Tengco: ay nagmula po sa CICC.

926
01:50:54,800 --> 01:50:57,599
PAGCOR Chairman and CEO Alejandro H. Tengco: Kami po ay naguulat sa kanila,

927
01:50:57,599 --> 01:51:06,199
PAGCOR Chairman and CEO Alejandro H. Tengco: at sila po ang nagpa-file ng kaso laban sa mga influencers na ito.

928
01:51:06,199 --> 01:51:13,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang pagkakaalam ko po, halos simigit kumulang po yata yung labing dalawa or labing lima na yung na-file na nila ng kaso.

929
01:51:13,520 --> 01:51:16,760
PAGCOR Chairman and CEO Alejandro H. Tengco: So, sa inyong kahilingan, Your Honor,

930
01:51:16,760 --> 01:51:21,560
PAGCOR Chairman and CEO Alejandro H. Tengco: hihingi po kami ng listahan mula sa CICC

931
01:51:21,560 --> 01:51:25,480
PAGCOR Chairman and CEO Alejandro H. Tengco: which we can forward to the Committee on Appropriations.

932
01:51:25,480 --> 01:51:27,880
PAGCOR Chairman and CEO Alejandro H. Tengco: So, all the members are updated.

933
01:51:27,880 --> 01:51:34,796
PAGCOR Chairman and CEO Alejandro H. Tengco: Dito po sa isinasagawang operasyon, laban po dito sa mga endorsers na ito.

934
01:51:34,796 --> 01:51:35,679
PAGCOR Chairman and CEO Alejandro H. Tengco: Alright.

935
01:51:35,679 --> 01:51:44,440
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron bang mas pinalakas din na hakbang para habulin naman itong foreign gambling companies na illegal ho na nag-operate dito?

936
01:51:44,440 --> 01:51:52,360
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi you mentioned only for the local endorsers, influencers, but what about those companies?

937
01:51:52,360 --> 01:51:58,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Tulad po ng nabanggit ko kanina, Your Honor, wala po kaming police powers.

938
01:51:58,000 --> 01:52:04,639
PAGCOR Chairman and CEO Alejandro H. Tengco: So, we are dependent on DICT, CICC, and NTC.

939
01:52:04,639 --> 01:52:11,199
PAGCOR Chairman and CEO Alejandro H. Tengco: Sila po, alam ko eh, nakipag-ugnayan na rin sa lahat ng social media platforms.

940
01:52:11,199 --> 01:52:24,400
PAGCOR Chairman and CEO Alejandro H. Tengco: Sumulat na po sila sa mga pinuno nito para ipagbigay alam na hindi pinahintulutan dito sa ating bansa yung mga nasabing gawain na yon.

941
01:52:24,400 --> 01:52:27,599
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang balita ko po eh, personal nang sumulat,

942
01:52:27,599 --> 01:52:44,199
PAGCOR Chairman and CEO Alejandro H. Tengco: ang ating DICT Sekretary, Sekretary Henry Aguda, sa mga heads na rin ng mga social media platforms na yon para ipagbigay alam yung nasabing ating mga batas dito.

943
01:52:44,199 --> 01:52:48,520
Rep. Sarah Jane I. Elago: Okay, maraming salamat. We'll follow this through with the DICT and CICC.

944
01:52:48,520 --> 01:52:49,719
Rep. Sarah Jane I. Elago: Yes, Your Honor.

945
01:52:49,719 --> 01:52:54,520
Rep. Sarah Jane I. Elago: Now, Madam Chair, with regard to the 24-7 National Problem Gambling Helpline,

946
01:52:54,520 --> 01:52:57,920
Rep. Sarah Jane I. Elago: nakakasimula lang at nararapat lang na meron talagang takbo.

947
01:52:57,920 --> 01:53:02,520
Rep. Sarah Jane I. Elago: Yung mga kababayan natin na may gambling-related issues and concerns.

948
01:53:02,520 --> 01:53:05,639
Rep. Sarah Jane I. Elago: Pero para sa taong ito at sa susunod na taon,

949
01:53:05,639 --> 01:53:09,920
Rep. Sarah Jane I. Elago: nabanggit nyo kanina na meron kayong partner na non-profit.

950
01:53:09,920 --> 01:53:12,199
Rep. Sarah Jane I. Elago: Pero sa bahagi naman ng pamahalaan,

951
01:53:12,199 --> 01:53:19,320
Rep. Sarah Jane I. Elago: meron ba tayong proposed din na budget para matiyak na meron tayong regular at sustenido na pondo

952
01:53:19,320 --> 01:53:26,440
PAGCOR Chairman and CEO Alejandro H. Tengco: para sa pagpapatakbo mismo at pagpapanatili ng helpline na ito?

953
01:53:26,440 --> 01:53:27,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

954
01:53:27,560 --> 01:53:31,679
PAGCOR Chairman and CEO Alejandro H. Tengco: with regard to a budget coming from the national government,

955
01:53:31,679 --> 01:53:34,560
PAGCOR Chairman and CEO Alejandro H. Tengco: I am not aware that there is one.

956
01:53:34,560 --> 01:53:39,560
PAGCOR Chairman and CEO Alejandro H. Tengco: But I just want to state this to the committee,

957
01:53:39,560 --> 01:53:47,320
PAGCOR Chairman and CEO Alejandro H. Tengco: that PAGCOR will definitely make sure that these initiatives continue to be practiced.

958
01:53:47,320 --> 01:53:52,440
PAGCOR Chairman and CEO Alejandro H. Tengco: And I am committing here under my administration,

959
01:53:52,440 --> 01:53:55,320
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi po mahihinto ang programang ito.

960
01:53:55,320 --> 01:53:56,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi naman po napakalaking.

961
01:53:56,960 --> 01:53:58,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Halaga, Your Honor.

962
01:53:58,800 --> 01:54:07,760
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya makakaasa po kayo na baka hindi na natin kailangan pang ipaabot ito sa national agencies

963
01:54:07,760 --> 01:54:10,520
PAGCOR Chairman and CEO Alejandro H. Tengco: sapagkat naniniwala po ako, Your Honor,

964
01:54:10,520 --> 01:54:20,079
PAGCOR Chairman and CEO Alejandro H. Tengco: na kaya po na mapondohan ito ng PAGCOR katulong mismo yung mga legal licenses natin

965
01:54:20,079 --> 01:54:23,840
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pamamagitan po ng mga foundations.

966
01:54:23,840 --> 01:54:25,400
PAGCOR Chairman and CEO Alejandro H. Tengco: Gusto ko pong ipagbigay alam,

967
01:54:25,400 --> 01:54:29,560
PAGCOR Chairman and CEO Alejandro H. Tengco: bago rin pong initiative ng PAGCOR,

968
01:54:29,560 --> 01:54:36,840
PAGCOR Chairman and CEO Alejandro H. Tengco: dati po kasi ang may foundation lamang ay yung mga integrated resources natin.

969
01:54:36,840 --> 01:54:45,320
PAGCOR Chairman and CEO Alejandro H. Tengco: 2% po ng gross gaming revenue nila ay inalalaan sa mga iba't ibang projects

970
01:54:45,320 --> 01:54:54,679
PAGCOR Chairman and CEO Alejandro H. Tengco: na nakatutulong sa health at saka sa sports and education.

971
01:54:54,679 --> 01:54:57,800
PAGCOR Chairman and CEO Alejandro H. Tengco: So ngayon po,

972
01:54:57,800 --> 01:55:04,800
PAGCOR Chairman and CEO Alejandro H. Tengco: we have started, we did replicate that very successful program.

973
01:55:04,800 --> 01:55:07,239
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya ngayon po, Your Honor,

974
01:55:07,239 --> 01:55:13,320
PAGCOR Chairman and CEO Alejandro H. Tengco: 1% po ng gross gaming revenue ng online gaming platforms

975
01:55:13,320 --> 01:55:18,719
PAGCOR Chairman and CEO Alejandro H. Tengco: ay kailangan na rin isantabi nila para sa pagkakawang gawa

976
01:55:18,719 --> 01:55:25,000
PAGCOR Chairman and CEO Alejandro H. Tengco: at para masuportahan lahat ng ating mga responsible gaming projects.

977
01:55:25,000 --> 01:55:26,960
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

978
01:55:26,960 --> 01:55:32,639
PAGCOR Chairman and CEO Alejandro H. Tengco: laking bagay po nun para masustinahan lahat po nitong mga ginagawa natin

979
01:55:32,639 --> 01:55:40,079
PAGCOR Chairman and CEO Alejandro H. Tengco: para nga ma-neutralize itong mga nagaganap na pagkalulong ng ilan sa ating mga kababayan

980
01:55:40,079 --> 01:55:42,560
Rep. Sarah Jane I. Elago: dito sa online gambling.

981
01:55:42,560 --> 01:55:43,280
Rep. Sarah Jane I. Elago: Yes, Madam Chair.

982
01:55:43,280 --> 01:55:46,079
Rep. Sarah Jane I. Elago: Magkano ang nakalaan na pondo para rito?

983
01:55:46,079 --> 01:55:49,280
Rep. Sarah Jane I. Elago: Katulad ng sinabi niyo, hindi lang helpline ang sakop.

984
01:55:49,280 --> 01:55:52,639
Rep. Sarah Jane I. Elago: Meron din para sa support for counseling.

985
01:55:52,639 --> 01:55:52,971
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

986
01:55:52,971 --> 01:55:55,891
PAGCOR Chairman and CEO Alejandro H. Tengco: You also mentioned prevention and awareness campaign.

987
01:55:55,891 --> 01:55:57,051
PAGCOR Chairman and CEO Alejandro H. Tengco: So, how much is allowed?

988
01:55:57,051 --> 01:55:57,800
PAGCOR Chairman and CEO Alejandro H. Tengco: It's allotted for this.

989
01:55:57,800 --> 01:55:59,599
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, sa ngayon po eh,

990
01:55:59,599 --> 01:56:03,400
PAGCOR Chairman and CEO Alejandro H. Tengco: humigit kumulang sa isandang medium piso po sa isang taon

991
01:56:03,400 --> 01:56:10,119
PAGCOR Chairman and CEO Alejandro H. Tengco: ang nakabudget sa iba't ibang uri ng mga programa natin for responsible gaming.

992
01:56:10,119 --> 01:56:14,400
PAGCOR Chairman and CEO Alejandro H. Tengco: At kung idadagdag nyo pa, Your Honor,

993
01:56:14,400 --> 01:56:18,079
PAGCOR Chairman and CEO Alejandro H. Tengco: pwede tayong kumuha nga doon ng budget

994
01:56:18,079 --> 01:56:23,760
PAGCOR Chairman and CEO Alejandro H. Tengco: na magmumula po sa foundations ng iba't ibang online gaming.

995
01:56:23,760 --> 01:56:26,199
PAGCOR Chairman and CEO Alejandro H. Tengco: So, companies or operators.

996
01:56:26,199 --> 01:56:35,520
PAGCOR Chairman and CEO Alejandro H. Tengco: So, kung susumahin nyo po, kung meron pong mahigit sandang billion gross gaming revenue

997
01:56:35,520 --> 01:56:41,064
PAGCOR Chairman and CEO Alejandro H. Tengco: na nagmumula sa online gaming, 1% of that will be about A 134 30audsực

998
01:56:41,064 --> 01:56:42,599
PAGCOR Chairman and CEO Alejandro H. Tengco: transformative

999
01:56:42,599 --> 01:56:50,646
PAGCOR Chairman and CEO Alejandro H. Tengco: so, this amount can be used by the said operators to help in the responsible gaming projects.

1000
01:56:50,646 --> 01:56:52,169
PAGCOR Chairman and CEO Alejandro H. Tengco: So, this no so.

1001
01:56:52,169 --> 01:56:53,895
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung iyon manou na sa dito rito.

1002
01:56:53,895 --> 01:56:55,840
PAGCOR Chairman and CEO Alejandro H. Tengco: zo'ng magl mount nga dito.

1003
01:56:55,840 --> 01:56:58,840
PAGCOR Chairman and CEO Alejandro H. Tengco: social, civic projects po.

1004
01:56:58,840 --> 01:57:00,599
PAGCOR Chairman and CEO Alejandro H. Tengco: Tulad po nung inulat din,

1005
01:57:00,599 --> 01:57:03,679
PAGCOR Chairman and CEO Alejandro H. Tengco: bibigyan ko kayo halimbawa,

1006
01:57:03,679 --> 01:57:06,560
PAGCOR Chairman and CEO Alejandro H. Tengco: yung 2% po na binagkit kong inabutan ko na

1007
01:57:06,560 --> 01:57:11,079
PAGCOR Chairman and CEO Alejandro H. Tengco: na nagmumula sa land-based operations,

1008
01:57:11,079 --> 01:57:14,560
PAGCOR Chairman and CEO Alejandro H. Tengco: nakapagpatayo po tayo ng isang

1009
01:57:14,560 --> 01:57:16,599
PAGCOR Chairman and CEO Alejandro H. Tengco: Children's Specialty Hospital sa Clark.

1010
01:57:16,599 --> 01:57:19,960
PAGCOR Chairman and CEO Alejandro H. Tengco: At yung pera po na yun ay nagmula

1011
01:57:19,960 --> 01:57:23,880
PAGCOR Chairman and CEO Alejandro H. Tengco: doon sa foundation ng integrated resort natin.

1012
01:57:23,880 --> 01:57:26,119
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang naging kapartner po natin doon

1013
01:57:26,119 --> 01:57:28,920
PAGCOR Chairman and CEO Alejandro H. Tengco: ay ang Bloomberry Foundation

1014
01:57:28,920 --> 01:57:32,360
PAGCOR Chairman and CEO Alejandro H. Tengco: na mas kilala sa integrated resort

1015
01:57:32,360 --> 01:57:34,360
PAGCOR Chairman and CEO Alejandro H. Tengco: na ang pangalan ay Soler.

1016
01:57:34,360 --> 01:57:36,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Sila po ay nag-contribute ng

1017
01:57:36,520 --> 01:57:38,920
PAGCOR Chairman and CEO Alejandro H. Tengco: may gitisang billion piso

1018
01:57:38,920 --> 01:57:41,320
PAGCOR Chairman and CEO Alejandro H. Tengco: para sa pagpapatayo ng ospital.

1019
01:57:41,320 --> 01:57:44,199
PAGCOR Chairman and CEO Alejandro H. Tengco: Partner naman po niya ang PAGCOR

1020
01:57:44,199 --> 01:57:45,920
PAGCOR Chairman and CEO Alejandro H. Tengco: sapagat ang PAGCOR naman po

1021
01:57:45,920 --> 01:57:49,840
PAGCOR Chairman and CEO Alejandro H. Tengco: ang nag-provide ng medical equipment para dito.

1022
01:57:49,840 --> 01:57:52,400
PAGCOR Chairman and CEO Alejandro H. Tengco: Kailan lang po ininaguruhan nito?

1023
01:57:52,400 --> 01:57:54,119
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung hindi ako nagkakamali,

1024
01:57:54,119 --> 01:57:57,800
Rep. Sarah Jane I. Elago: huling linggo po ng Hulyo

1025
01:57:57,800 --> 01:57:58,599
Rep. Sarah Jane I. Elago: nitong 2026.

1026
01:57:58,599 --> 01:57:59,920
Rep. Sarah Jane I. Elago: Your Honor.

1027
01:57:59,920 --> 01:58:00,760
Rep. Sarah Jane I. Elago: Madam Chair,

1028
01:58:00,760 --> 01:58:02,800
Rep. Sarah Jane I. Elago: mahingi na lang po tayo muli ng breakdown

1029
01:58:02,800 --> 01:58:07,360
Rep. Sarah Jane I. Elago: nung pagkakagastusan natin ng 100 million pesos.

1030
01:58:07,360 --> 01:58:08,800
Rep. Sarah Jane I. Elago: Madam Chair, pang huling tanong po,

1031
01:58:08,800 --> 01:58:10,920
Rep. Sarah Jane I. Elago: kasama na ba dito halimbawa

1032
01:58:10,920 --> 01:58:13,719
Rep. Sarah Jane I. Elago: kung nangangailangan ng treatment

1033
01:58:13,719 --> 01:58:15,560
Rep. Sarah Jane I. Elago: sa gambling addiction?

1034
01:58:15,560 --> 01:58:17,840
Rep. Sarah Jane I. Elago: Meron bang dagdag na support?

1035
01:58:17,840 --> 01:58:19,040
Rep. Sarah Jane I. Elago: Lalo lalo na nabanggit nyo kanina

1036
01:58:19,040 --> 01:58:21,360
Rep. Sarah Jane I. Elago: na malaking percentage din

1037
01:58:21,360 --> 01:58:23,719
Rep. Sarah Jane I. Elago: ng mga gumagamit.

1038
01:58:23,719 --> 01:58:25,760
Rep. Sarah Jane I. Elago: Hindi lang nakarehistro pero yung active,

1039
01:58:25,760 --> 01:58:27,719
Rep. Sarah Jane I. Elago: na users ay nanggaling sa mga

1040
01:58:27,719 --> 01:58:30,119
Rep. Sarah Jane I. Elago: low income at minimum wage

1041
01:58:30,119 --> 01:58:31,800
Rep. Sarah Jane I. Elago: earners at workers natin.

1042
01:58:31,800 --> 01:58:33,599
Rep. Sarah Jane I. Elago: Meron bang ganong tulong

1043
01:58:33,599 --> 01:58:35,360
Rep. Sarah Jane I. Elago: para sa kanila? Dahil Madam Chair,

1044
01:58:35,360 --> 01:58:38,400
Rep. Sarah Jane I. Elago: na-recognize na rin po ng World Health Organization

1045
01:58:38,400 --> 01:58:41,400
Rep. Sarah Jane I. Elago: na isang public health hazard

1046
01:58:41,400 --> 01:58:43,360
Rep. Sarah Jane I. Elago: ang hindi lang po exposure

1047
01:58:43,360 --> 01:58:47,119
Rep. Sarah Jane I. Elago: pero yung active na

1048
01:58:47,119 --> 01:58:48,000
Rep. Sarah Jane I. Elago: gambling.

1049
01:58:48,000 --> 01:58:49,719
Rep. Sarah Jane I. Elago: Kaya ho,

1050
01:58:49,719 --> 01:58:52,639
Rep. Sarah Jane I. Elago: nangangailangan talaga, hindi lang sa PAGCOR.

1051
01:58:52,639 --> 01:58:53,800
Rep. Sarah Jane I. Elago: Sinabi nyo may

1052
01:58:53,800 --> 01:58:55,920
Rep. Sarah Jane I. Elago: sariling source, may income na pwede

1053
01:58:55,920 --> 01:58:57,920
Rep. Sarah Jane I. Elago: din gamitin pero naniniwala

1054
01:58:57,920 --> 01:58:59,679
Rep. Sarah Jane I. Elago: tayo na nangangailangan

1055
01:58:59,679 --> 01:59:01,639
Rep. Sarah Jane I. Elago: ito ng komprehensibo

1056
01:59:01,639 --> 01:59:03,760
Rep. Sarah Jane I. Elago: at multi-agency na

1057
01:59:03,760 --> 01:59:05,760
Rep. Sarah Jane I. Elago: approach para matiyak na

1058
01:59:05,760 --> 01:59:07,639
Rep. Sarah Jane I. Elago: natutugunan natin kung ano man yung

1059
01:59:07,639 --> 01:59:09,719
Rep. Sarah Jane I. Elago: mga issue na sumusulpot mula dito

1060
01:59:09,719 --> 01:59:11,679
Rep. Sarah Jane I. Elago: habang nandyan naman yung stricter

1061
01:59:11,679 --> 01:59:13,480
Rep. Sarah Jane I. Elago: natin na regulatory frameworks

1062
01:59:13,480 --> 01:59:15,840
Rep. Sarah Jane I. Elago: and systems pero at the same time

1063
01:59:15,840 --> 01:59:18,079
Rep. Sarah Jane I. Elago: kung paano rin natin nababawasan

1064
01:59:18,079 --> 01:59:19,880
Rep. Sarah Jane I. Elago: at napiprevent

1065
01:59:19,880 --> 01:59:22,480
PAGCOR Chairman and CEO Alejandro H. Tengco: yung maaari na

1066
01:59:22,480 --> 01:59:25,320
PAGCOR Chairman and CEO Alejandro H. Tengco: harm mula po sa gambling.

1067
01:59:25,320 --> 01:59:26,400
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

1068
01:59:26,400 --> 01:59:28,639
PAGCOR Chairman and CEO Alejandro H. Tengco: tulad ng binanggit ko kanina

1069
01:59:28,639 --> 01:59:29,920
PAGCOR Chairman and CEO Alejandro H. Tengco: ang katulong po namin

1070
01:59:29,920 --> 01:59:31,400
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pagpapatakbo

1071
01:59:31,400 --> 01:59:33,800
PAGCOR Chairman and CEO Alejandro H. Tengco: ng 24-7 hotline

1072
01:59:33,800 --> 01:59:36,000
PAGCOR Chairman and CEO Alejandro H. Tengco: ay ang Seagulls

1073
01:59:36,000 --> 01:59:37,679
PAGCOR Chairman and CEO Alejandro H. Tengco: Flock Foundation.

1074
01:59:37,679 --> 01:59:39,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito po yung isang non-profit

1075
01:59:39,840 --> 01:59:41,920
PAGCOR Chairman and CEO Alejandro H. Tengco: organization na

1076
01:59:41,920 --> 01:59:44,639
PAGCOR Chairman and CEO Alejandro H. Tengco: may karanasan po, Your Honor,

1077
01:59:44,639 --> 01:59:47,560
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi lang sa

1078
01:59:47,560 --> 01:59:47,800
PAGCOR Chairman and CEO Alejandro H. Tengco: pagtatraining ng

1079
01:59:47,800 --> 01:59:50,320
PAGCOR Chairman and CEO Alejandro H. Tengco: mga customer service agents

1080
01:59:50,320 --> 01:59:51,800
PAGCOR Chairman and CEO Alejandro H. Tengco: na sumasagot

1081
01:59:51,800 --> 01:59:54,079
PAGCOR Chairman and CEO Alejandro H. Tengco: sa 24-7 hotline

1082
01:59:54,079 --> 01:59:54,613
PAGCOR Chairman and CEO Alejandro H. Tengco: ng PAGCOR.

1083
01:59:54,613 --> 02:00:00,320
PAGCOR Chairman and CEO Alejandro H. Tengco: hotline ng PAGCOR, pero sila po meron di kanalasan sa rehabilitasyon

1084
02:00:00,320 --> 02:00:08,159
PAGCOR Chairman and CEO Alejandro H. Tengco: at meron po tayong ka-tie-up ng mga gambling rehabilitation centers all over the Philippines.

1085
02:00:08,159 --> 02:00:17,400
PAGCOR Chairman and CEO Alejandro H. Tengco: At sila po sa Seagulls Flock ang nagre-rekomenda sa PAGCOR kung saan ba nararapat ipadala

1086
02:00:17,400 --> 02:00:23,040
Rep. Sarah Jane I. Elago: yung may problemang naglalaro na sinasabi po natin, Your Honor.

1087
02:00:23,040 --> 02:00:27,440
Rep. Sarah Jane I. Elago: Okay, maraming salamat Madam Chair. At higin na rin po natin yung pinakahuling ulat

1088
02:00:27,440 --> 02:00:33,320
Rep. Sarah Jane I. Elago: pagdating dito sa pagsasagawa natin ng mas pinalakas na helpline para sa ating mga kababayan

1089
02:00:33,320 --> 02:00:38,119
Rep. Sarah Jane I. Elago: ang 24-7 National Problem Gambling Helpline. Maraming salamat Madam Chair.

1090
02:00:38,119 --> 02:00:40,679
PAGCOR Chairman and CEO Alejandro H. Tengco: Maraming salamat din po, Your Honor.

1091
02:00:40,679 --> 02:00:48,320
Rep. Mikaela Angela B. Suansing: Thank you very much, Representative Elago. We'll consolidate the whole list of the documentary requests

1092
02:00:48,320 --> 02:00:52,040
Rep. Mikaela Angela B. Suansing: to PAGCOR and then we'll follow up.

1093
02:00:52,040 --> 02:00:54,599
Rep. Mikaela Angela B. Suansing: We'll follow up with them later on. Thank you.

1094
02:00:54,599 --> 02:01:00,679
Rep. Mikaela Angela B. Suansing: We'll move to our next interpellator from the majority, Representative Salvador Pleyto.

1095
02:01:02,500 --> 02:01:03,750
Rep. Salvador A. Pleyto: Good morning, Madam. Thank you, Madam Chair.

1096
02:01:03,760 --> 02:01:13,848
Rep. Salvador A. Pleyto: Sa ating colleagues and our esteemed guests, Chairman Alteco, sa ating PAGCOR family,

1097
02:01:17,898 --> 02:01:19,383
Rep. Salvador A. Pleyto: magandang umaga po sa ating lahat.

1098
02:01:20,058 --> 02:01:22,960
Rep. Salvador A. Pleyto: Dalawang tanong lang po, Madam Chair.

1099
02:01:25,400 --> 02:01:28,934
Rep. Salvador A. Pleyto: I reported that the total revenues, I don't know kung tama yung akin o yung sinabi ni Chairman kanina,

1100
02:01:33,254 --> 02:01:34,891
Rep. Salvador A. Pleyto: Chairman Mika, ng first half of 2026,

1101
02:01:34,891 --> 02:01:37,430
Rep. Salvador A. Pleyto: nag-decline ng 26.64%,

1102
02:01:39,310 --> 02:01:43,614
Rep. Salvador A. Pleyto: while PAGCOR's net income ay bumaba o nag-fail ng 85.29%.

1103
02:01:43,614 --> 02:01:46,320
Rep. Salvador A. Pleyto: Tama po ba ito, Chairman Al?

1104
02:01:48,310 --> 02:01:51,709
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, Your Honor. Tama po yung binanggit nyo.

1105
02:01:51,709 --> 02:01:52,781
PAGCOR Chairman and CEO Alejandro H. Tengco: Tulad po ng aking pagpapaliwanag earlier,

1106
02:01:52,781 --> 02:01:57,217
PAGCOR Chairman and CEO Alejandro H. Tengco: kung ano po yung mga kadahilanan ng pagbaba na yun sa pangkasalukuyan.

1107
02:01:59,123 --> 02:02:02,669
Rep. Salvador A. Pleyto: Madam Chair, Chairman Al, in light of this significant decline,

1108
02:02:07,662 --> 02:02:10,790
Rep. Salvador A. Pleyto: ano po, what concrete measures will PAGCOR implement to reverse this trend

1109
02:02:13,709 --> 02:02:18,698
Rep. Salvador A. Pleyto: and increase gross gaming revenue to JGR, particularly sa electronic at online gaming sector?

1110
02:02:19,323 --> 02:02:21,972
PAGCOR Chairman and CEO Alejandro H. Tengco: Thank you, Madam Chair.

1111
02:02:21,972 --> 02:02:22,664
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor.

1112
02:02:23,960 --> 02:02:25,432
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, tulad po nung naiulot ko kanina,

1113
02:02:30,910 --> 02:02:33,790
PAGCOR Chairman and CEO Alejandro H. Tengco: una, malakas po ang programa namin ngayon sa paghihikayat sa mga iligal na operator

1114
02:02:39,303 --> 02:02:39,958
PAGCOR Chairman and CEO Alejandro H. Tengco: na magpalisensya na.

1115
02:02:41,950 --> 02:02:44,320
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil ang paniwala ko po sa pangkasalukuyan sa industriya,

1116
02:02:47,200 --> 02:02:49,030
PAGCOR Chairman and CEO Alejandro H. Tengco: 50% po ang may lisensya,

1117
02:02:54,035 --> 02:02:55,807
PAGCOR Chairman and CEO Alejandro H. Tengco: 50% din po ang walang lisensya.

1118
02:02:55,807 --> 02:02:57,578
PAGCOR Chairman and CEO Alejandro H. Tengco: So, very positive naman, Your Honor, ang aming programa

1119
02:03:00,835 --> 02:03:03,440
PAGCOR Chairman and CEO Alejandro H. Tengco: sapagkat meron na po kaming mga natatanggap ng mga feelers

1120
02:03:05,790 --> 02:03:09,863
PAGCOR Chairman and CEO Alejandro H. Tengco: para mag-surrender na ang ilang malalaking iligal na magpalisensya na po sa pangkasalukuyan.

1121
02:03:12,344 --> 02:03:13,272
PAGCOR Chairman and CEO Alejandro H. Tengco: So, number one po yun.

1122
02:03:15,669 --> 02:03:24,280
PAGCOR Chairman and CEO Alejandro H. Tengco: Number two, tulad nung binanggit ko kanina sa katanungan ni Congressman Odi earlier,

1123
02:03:29,069 --> 02:03:32,239
PAGCOR Chairman and CEO Alejandro H. Tengco: aming pong minomonitor ng husto ang income na or GGR or operations ngayon

1124
02:03:36,270 --> 02:03:38,920
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga online gaming companies sa pamamagitan ng isang third-party auditor.

1125
02:03:42,179 --> 02:03:50,030
PAGCOR Chairman and CEO Alejandro H. Tengco: Doon po ay aming nakikita kung tunay pang nairimit nila or dinideklara nila yung tama nilang gross gaming revenue.

1126
02:03:52,861 --> 02:03:54,025
PAGCOR Chairman and CEO Alejandro H. Tengco: At gusto ko pong ibalita sa inyo,

1127
02:03:57,502 --> 02:04:02,270
PAGCOR Chairman and CEO Alejandro H. Tengco: malaki na rin po ang naging pagtaas ng mga gross gaming revenue ng online gaming operators

1128
02:04:05,790 --> 02:04:11,440
PAGCOR Chairman and CEO Alejandro H. Tengco: dahil naalaman nila at nakikita nilang nakatutok ang isang third-party auditor.

1129
02:04:16,199 --> 02:04:22,830
PAGCOR Chairman and CEO Alejandro H. Tengco: At panghuli po ay nag-ikayat kami na sana'y marami pang mag-apply dito sa special class BPO

1130
02:04:26,730 --> 02:04:28,575
PAGCOR Chairman and CEO Alejandro H. Tengco: kung saan po yung mga nasa ibang bansa na mga malalaking operator ay gamitin na ang Pilipinas

1131
02:04:35,673 --> 02:04:41,030
PAGCOR Chairman and CEO Alejandro H. Tengco: bilang kanilang mga backroom operations ay dito na gawin sa Maynila.

1132
02:04:44,887 --> 02:04:49,599
PAGCOR Chairman and CEO Alejandro H. Tengco: Very encouraging, Your Honor, Kong Ador, itong binabanggit ko sapagkat sa ngayon po eh,

1133
02:04:52,709 --> 02:04:55,062
PAGCOR Chairman and CEO Alejandro H. Tengco: nasa sa nung linunsad po namin yung programa, two-fold po,

1134
02:04:55,062 --> 02:05:03,599
PAGCOR Chairman and CEO Alejandro H. Tengco: bukod sa may karagdagang kita sa PAGCOR, may himigit kumulang po sa 7,500 empleyado na

1135
02:05:07,567 --> 02:05:10,800
PAGCOR Chairman and CEO Alejandro H. Tengco: ang nasabing sektor nito na hindi nagbabayad ng minimum wage,

1136
02:05:13,790 --> 02:05:19,651
PAGCOR Chairman and CEO Alejandro H. Tengco: kundi nagbabayad ng mga rates ng customer service agents ng mga BPO.

1137
02:05:19,651 --> 02:05:21,033
PAGCOR Chairman and CEO Alejandro H. Tengco: So this amounts to an average of...

1138
02:05:23,969 --> 02:05:25,049
PAGCOR Chairman and CEO Alejandro H. Tengco: 35,000 to 45,000 pesos a month.

1139
02:05:26,510 --> 02:05:29,234
PAGCOR Chairman and CEO Alejandro H. Tengco: So yun po ang aming ginagawa sa pangkasulukuyan,

1140
02:05:29,538 --> 02:05:31,360
PAGCOR Chairman and CEO Alejandro H. Tengco: and we're also hoping, Your Honor, Kong Ador,

1141
02:05:34,111 --> 02:05:37,520
PAGCOR Chairman and CEO Alejandro H. Tengco: na dumating yung pagkakataon na matapos na rin yung crisis sa Middle East,

1142
02:05:38,937 --> 02:05:41,990
PAGCOR Chairman and CEO Alejandro H. Tengco: nang sa ganun eh, medyo pag nakaluwag-luwag naman sila eh,

1143
02:05:44,079 --> 02:05:46,109
PAGCOR Chairman and CEO Alejandro H. Tengco: ang tao eh, marami na rin ang magpe-patronize ng ating mga naroon.

1144
02:05:46,531 --> 02:05:50,840
Rep. Salvador A. Pleyto: Thank you, Chairman Al, for that response.

1145
02:05:57,348 --> 02:06:00,950
Rep. Salvador A. Pleyto: Specifically, what is PAGCOR's strategy in terms of improving its regulatory framework,

1146
02:06:04,047 --> 02:06:07,507
Rep. Salvador A. Pleyto: expanding the legitimate gaming market, strengthening its digital monitoring and collection system,

1147
02:06:09,790 --> 02:06:11,679
Rep. Salvador A. Pleyto: and addressing illegal and unlicensed operators,

1148
02:06:15,033 --> 02:06:19,690
Rep. Salvador A. Pleyto: and also attracting responsible investment into the Philippine gaming industry.

1149
02:06:20,146 --> 02:06:23,500
PAGCOR Chairman and CEO Alejandro H. Tengco: Okay.

1150
02:06:23,500 --> 02:06:24,736
PAGCOR Chairman and CEO Alejandro H. Tengco: Doon po sa katanungan ninyo, Your Honor, una,

1151
02:06:28,440 --> 02:06:32,149
PAGCOR Chairman and CEO Alejandro H. Tengco: sa structure po, wala pong sawa kaming nagre-review ng aming structures and guidelines regularly

1152
02:06:38,185 --> 02:06:39,095
PAGCOR Chairman and CEO Alejandro H. Tengco: para nang sa ganun ma-improve ito.

1153
02:06:43,467 --> 02:06:48,549
PAGCOR Chairman and CEO Alejandro H. Tengco: Yan po ay patutunayan ng updated structure ng online gaming rules ng PAGCOR.

1154
02:06:56,040 --> 02:06:59,549
PAGCOR Chairman and CEO Alejandro H. Tengco: Halos po buwan-buwan, meron po kaming mga adjustments na ginagawa

1155
02:07:00,730 --> 02:07:06,910
PAGCOR Chairman and CEO Alejandro H. Tengco: para ito po ay matama at maging ma-responsive sa pangkasulukuyang sitwasyon.

1156
02:07:11,530 --> 02:07:19,679
PAGCOR Chairman and CEO Alejandro H. Tengco: Number two, kami po ay patuloy na dumalabas at nagsasabi,

1157
02:07:20,990 --> 02:07:30,002
PAGCOR Chairman and CEO Alejandro H. Tengco: nag-a-attend sa mga konbensyon, ngayon din naman ang mga exhibits abroad,

1158
02:07:30,002 --> 02:07:32,573
PAGCOR Chairman and CEO Alejandro H. Tengco: at nagsasabing bukas ang Pilipinas sa paglilesensya ng land-based casinos,

1159
02:07:33,738 --> 02:07:37,830
PAGCOR Chairman and CEO Alejandro H. Tengco: ngayon din naman ng ating online gaming.

1160
02:07:40,870 --> 02:07:45,061
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi man dapat sabihin, pero pwede na rin ipagmalaki na dito po sa Asia,

1161
02:07:45,213 --> 02:07:51,237
PAGCOR Chairman and CEO Alejandro H. Tengco: ay next to Macau.

1162
02:07:53,414 --> 02:07:55,051
PAGCOR Chairman and CEO Alejandro H. Tengco: Halos we are competing.

1163
02:07:55,490 --> 02:07:56,975
PAGCOR Chairman and CEO Alejandro H. Tengco: Head to head na with Singapore.

1164
02:07:56,975 --> 02:07:58,460
PAGCOR Chairman and CEO Alejandro H. Tengco: And I believe, malaking bagay po itong darating na privatization,

1165
02:08:02,240 --> 02:08:04,199
PAGCOR Chairman and CEO Alejandro H. Tengco: sapagkat pagdakailam na po at ang nagpatakbo na po ng mga kasino

1166
02:08:06,982 --> 02:08:09,040
PAGCOR Chairman and CEO Alejandro H. Tengco: na sa pangkasulukuyan ay pinapatakbo ng PAGCOR,

1167
02:08:10,510 --> 02:08:13,000
PAGCOR Chairman and CEO Alejandro H. Tengco: naniniwala po ko it will be a game changer.

1168
02:08:15,760 --> 02:08:18,360
PAGCOR Chairman and CEO Alejandro H. Tengco: Sapagkat pag ang pribadong sektor na ang nagpapatakbo ng negosyo,

1169
02:08:19,958 --> 02:08:21,410
PAGCOR Chairman and CEO Alejandro H. Tengco: iba na po ito eh.

1170
02:08:23,485 --> 02:08:28,950
PAGCOR Chairman and CEO Alejandro H. Tengco: Eh sa pangkasulukuyan, your honor, we cannot compete head on with our licenses.

1171
02:08:32,229 --> 02:08:39,162
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung kasino Filipino, your honor, wala man lang kaming kwarto na mga hotel na inalok.

1172
02:08:39,432 --> 02:08:44,819
PAGCOR Chairman and CEO Alejandro H. Tengco: Wala kaming mga restaurants, wala kaming mga mall, wala kaming mga prebileyong maipagkaloob.

1173
02:08:44,819 --> 02:08:47,792
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil wala namang yung mga properties natin.

1174
02:08:47,792 --> 02:08:50,300
PAGCOR Chairman and CEO Alejandro H. Tengco: Na ganitong facilities.

1175
02:08:53,950 --> 02:09:00,819
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero pag ang kasino Filipino po at itong mga properties natin ay na-privatize na,

1176
02:09:00,819 --> 02:09:02,840
PAGCOR Chairman and CEO Alejandro H. Tengco: naniniwala po ako, yung bibili ng pribadong kumpanya,

1177
02:09:03,750 --> 02:09:06,770
PAGCOR Chairman and CEO Alejandro H. Tengco: eh magagawa na ng hakbang yan para lumakas ang kanilang kasino.

1178
02:09:09,672 --> 02:09:13,109
PAGCOR Chairman and CEO Alejandro H. Tengco: At pag lumakas ang kasino, sapagkat tayo ay mga umalik tala lang ng license fees,

1179
02:09:15,663 --> 02:09:17,317
PAGCOR Chairman and CEO Alejandro H. Tengco: tatas din rin automatic ang income ng PAGCOR.

1180
02:09:19,549 --> 02:09:22,360
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya yan po ang mga pangkasulukuyang mga ginagawa namin.

1181
02:09:26,950 --> 02:09:29,300
PAGCOR Chairman and CEO Alejandro H. Tengco: At hopefully nga, pagka ito pong decoupling privatization ay maganap na,

1182
02:09:29,300 --> 02:09:33,430
PAGCOR Chairman and CEO Alejandro H. Tengco: malaki po ang magiging epekto nito sa kita ng PAGCOR.

1183
02:09:34,394 --> 02:09:36,910
PAGCOR Chairman and CEO Alejandro H. Tengco: Dagdag pa ron, Congressman Pleyto,

1184
02:09:41,397 --> 02:09:47,679
PAGCOR Chairman and CEO Alejandro H. Tengco: eh masakit man sabihin, ang average po namin na pasweldo sa tao ay mahigit isang billion piso sa isang buwan.

1185
02:09:50,712 --> 02:09:55,119
PAGCOR Chairman and CEO Alejandro H. Tengco: Tapos ang average na binabayad namin sa upa ng mga kasino properties namin,

1186
02:09:55,350 --> 02:09:57,599
PAGCOR Chairman and CEO Alejandro H. Tengco: mahigit 250 million piso isang buwan.

1187
02:09:58,981 --> 02:10:02,149
PAGCOR Chairman and CEO Alejandro H. Tengco: Eh yun lang po, maalis natin sa corporate expense ng PAGCOR,

1188
02:10:05,377 --> 02:10:06,797
PAGCOR Chairman and CEO Alejandro H. Tengco: na parang naking bagay na po na ito para lang sa ganun,

1189
02:10:13,910 --> 02:10:15,940
PAGCOR Chairman and CEO Alejandro H. Tengco: maitulong yan ng PAGCOR sa nation building at sa ating kapwa mamamayang Pilipino.

1190
02:10:18,927 --> 02:10:20,125
Rep. Salvador A. Pleyto: Maraming salamat, Chairman Al.

1191
02:10:21,813 --> 02:10:22,640
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po naman, Your Honor.

1192
02:10:23,011 --> 02:10:25,976
Rep. Salvador A. Pleyto: At Madam Chair, pwede ba yung remaining time ko,

1193
02:10:25,976 --> 02:10:29,137
Rep. Salvador A. Pleyto: bigay ko sa aking kaibigan, kay Congressman Dumugan,

1194
02:10:29,963 --> 02:10:34,189
Rep. Salvador A. Pleyto: kasi napakarami namang nangyaring mga nasirang infrastruktura doon sa Koldilyera,

1195
02:10:37,912 --> 02:10:40,105
Rep. Salvador A. Pleyto: lalo ng Baguio-Binguet, sa infrastructure, saka agriculture.

1196
02:10:42,907 --> 02:10:46,679
Rep. Salvador A. Pleyto: Ito po, Mr. Chair, Madam Chair, I would like to place on record,

1197
02:10:48,589 --> 02:10:52,036
Rep. Salvador A. Pleyto: that despite the significant decline in its gross gaming revenues and net income,

1198
02:10:54,109 --> 02:10:56,280
Rep. Salvador A. Pleyto: PAGCOR has continued to fulfill its social responsibility.

1199
02:10:57,349 --> 02:10:58,567
Rep. Salvador A. Pleyto: Gusto ko pa sa salamatan ng mga taga PAGCOR.

1200
02:11:01,030 --> 02:11:03,470
Rep. Salvador A. Pleyto: May sincere appreciation yung binanggit kanina ni Assistant President Balcos, si Eric,

1201
02:11:08,236 --> 02:11:11,392
Rep. Salvador A. Pleyto: tungkol po doon sa JBL, Children's Medical Center, in Clark, Pangpanga,

1202
02:11:13,189 --> 02:11:18,968
Rep. Salvador A. Pleyto: which was recently inaugurated by our beloved President Bongbong Marcos.

1203
02:11:19,154 --> 02:11:21,483
Rep. Salvador A. Pleyto: Ito po.

1204
02:11:21,483 --> 02:11:23,812
Rep. Salvador A. Pleyto: Ito po ay this very important investment for those children needing specialized medical care.

1205
02:11:24,250 --> 02:11:26,444
Rep. Salvador A. Pleyto: Napakaganda po ito.

1206
02:11:26,444 --> 02:11:30,022
Rep. Salvador A. Pleyto: Salamat kami mga taga Central Luzon, lalo na ang Bulacan, malapit doon,

1207
02:11:30,342 --> 02:11:32,047
Rep. Salvador A. Pleyto: at yung mga taga Central Luzon.

1208
02:11:32,367 --> 02:11:34,960
Rep. Salvador A. Pleyto: Saka lahat po tayo, kasi para sa mga batang mga isakit,

1209
02:11:38,870 --> 02:11:41,159
Rep. Salvador A. Pleyto: napakaganda hindi na tayo pupunta ng Manila, doon na lang tayo sa Clark.

1210
02:11:44,310 --> 02:11:46,042
Rep. Salvador A. Pleyto: We've also seen PAGCOR.

1211
02:11:46,042 --> 02:11:47,062
Rep. Salvador A. Pleyto: Ito ay totoo po naman po ito.

1212
02:11:47,062 --> 02:11:50,103
Rep. Salvador A. Pleyto: Yung mga pangangailangan sa Mindanao,

1213
02:11:50,103 --> 02:11:52,520
Rep. Salvador A. Pleyto: nung nangyari yung mga typhoons and earthquakes, recent earthquakes in Mindanao,

1214
02:11:52,533 --> 02:11:56,043
Rep. Salvador A. Pleyto: itong mga typhoons na nangyari dahil sa monsoon, south-west monsoon, itong habagat,

1215
02:11:59,924 --> 02:12:03,097
Rep. Salvador A. Pleyto: alam ko ang PAGCOR, they continue to affect many parts.

1216
02:12:06,809 --> 02:12:09,593
Rep. Salvador A. Pleyto: PAGCOR once again stands ready to provide assistance in our disaster-stricken communities.

1217
02:12:11,467 --> 02:12:15,027
Rep. Salvador A. Pleyto: At the time, Madam Chair, when government resources are stretched

1218
02:12:16,990 --> 02:12:19,041
Rep. Salvador A. Pleyto: by the increasing free...

1219
02:12:19,041 --> 02:12:22,047
Rep. Salvador A. Pleyto: frequency and severity of natural disasters, this commitment is truly commendable.

1220
02:12:27,109 --> 02:12:31,936
Rep. Salvador A. Pleyto: It demonstrates that PAGCOR's role goes beyond gaming and revenue generation.

1221
02:12:31,936 --> 02:12:33,960
Rep. Salvador A. Pleyto: It is also an institution that contributes to nation building, ang sabi mo kanina, and

1222
02:12:36,719 --> 02:12:39,159
Rep. Salvador A. Pleyto: provides meaningful support when our people need it most, especially those who have lost

1223
02:12:41,639 --> 02:12:43,960
Rep. Salvador A. Pleyto: their homes, livelihoods, and sense of security because of the calamities.

1224
02:12:43,960 --> 02:12:44,760
Rep. Salvador A. Pleyto: Thank you, Madam Chair.

1225
02:12:44,760 --> 02:12:45,920
Rep. Salvador A. Pleyto: Thank you, Chairman Al.

1226
02:12:48,052 --> 02:12:50,212
Rep. Mikaela Angela B. Suansing: Thank you, Representative Pleyto.

1227
02:12:50,212 --> 02:12:53,249
Rep. Mikaela Angela B. Suansing: Chair Al, would you like to respond?

1228
02:12:53,249 --> 02:12:55,021
PAGCOR Chairman and CEO Alejandro H. Tengco: Okay po.

1229
02:12:55,190 --> 02:12:57,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Maraming salamat din po, Congressman Pleyto, sa inyong mga binanggit.

1230
02:13:02,986 --> 02:13:07,870
PAGCOR Chairman and CEO Alejandro H. Tengco: Makakaasa po kayo na patuloy pong kasama ninyo ang PAGCOR sa pakikipagtulungan sa ating mga kababayan.

1231
02:13:09,095 --> 02:13:09,972
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po.

1232
02:13:09,972 --> 02:13:10,968
Rep. Mikaela Angela B. Suansing: Maraming salamat.

1233
02:13:11,491 --> 02:13:12,335
Rep. Salvador A. Pleyto: Thank you, Madam Chair.

1234
02:13:12,520 --> 02:13:13,760
Rep. Mikaela Angela B. Suansing: Thank you, Representative Pleyto.

1235
02:13:14,199 --> 02:13:16,599
Rep. Mikaela Angela B. Suansing: We'll now move to our next interpellator from the minority.

1236
02:13:18,400 --> 02:13:20,000
Rep. Mikaela Angela B. Suansing: Representative Iris Marie Montes.

1237
02:13:20,000 --> 02:13:25,159
Rep. Iris Marie Demesa Montes: Thank you, Madam Chair. Magandang umaga po sa ating lahat.

1238
02:13:25,159 --> 02:13:36,480
Rep. Iris Marie Demesa Montes: Mr. Chair, Madam Chair, RA 11223 or the Universal Health Care Act was enacted on February 20, 2019.

1239
02:13:36,480 --> 02:13:53,960
Rep. Iris Marie Demesa Montes: Section 37B of that law provides that 50% of the 50% national government share from the income of PAGCOR will be used by PhilHealth for its benefit package.

1240
02:13:53,960 --> 02:14:06,119
Rep. Iris Marie Demesa Montes: Also in the same law, it provided that remittance from PAGCOR should have started in 2020 or one year after the enactment of the law.

1241
02:14:06,119 --> 02:14:10,400
Rep. Iris Marie Demesa Montes: My first question is, was PAGCOR able to comply with this provision?

1242
02:14:10,400 --> 02:14:22,520
Rep. Iris Marie Demesa Montes: Kailan po kayo nag-umpisang mag-remit sa National Treasury for UHC?

1243
02:14:22,520 --> 02:14:25,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Madam Chairperson, I'd like to answer.

1244
02:14:25,520 --> 02:14:40,212
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, from the implementation of the said Republic Act, PAGCOR has religiously remitted its shares to the national government.

1245
02:14:40,212 --> 02:14:51,597
PAGCOR Chairman and CEO Alejandro H. Tengco: Now, as I had also clarified this in one of the hearings in the Senate, it is not the responsibility of PAGCOR to remit directly to PhilHealth.

1246
02:14:51,597 --> 02:14:52,159
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes.

1247
02:14:52,159 --> 02:14:52,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Because the law states...

1248
02:14:52,920 --> 02:14:55,400
PAGCOR Chairman and CEO Alejandro H. Tengco: states that we remit

1249
02:14:55,400 --> 02:14:56,719
PAGCOR Chairman and CEO Alejandro H. Tengco: and then it is the

1250
02:14:56,719 --> 02:14:59,280
PAGCOR Chairman and CEO Alejandro H. Tengco: national government that will remit

1251
02:14:59,280 --> 02:15:00,920
PAGCOR Chairman and CEO Alejandro H. Tengco: 50% of what

1252
02:15:00,920 --> 02:15:02,920
PAGCOR Chairman and CEO Alejandro H. Tengco: we attributed to

1253
02:15:02,920 --> 02:15:05,440
PAGCOR Chairman and CEO Alejandro H. Tengco: the PhilHealth.

1254
02:15:05,440 --> 02:15:07,320
PAGCOR Chairman and CEO Alejandro H. Tengco: In answer to your question,

1255
02:15:07,320 --> 02:15:10,719
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, yes,

1256
02:15:10,719 --> 02:15:11,599
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR has

1257
02:15:11,599 --> 02:15:13,599
PAGCOR Chairman and CEO Alejandro H. Tengco: remitted religiously

1258
02:15:13,599 --> 02:15:15,320
PAGCOR Chairman and CEO Alejandro H. Tengco: and as of

1259
02:15:15,320 --> 02:15:17,599
PAGCOR Chairman and CEO Alejandro H. Tengco: today, we are current

1260
02:15:17,599 --> 02:15:18,880
PAGCOR Chairman and CEO Alejandro H. Tengco: and wala po kaming

1261
02:15:18,880 --> 02:15:20,960
PAGCOR Chairman and CEO Alejandro H. Tengco: pagkukulang noong sa nasabing

1262
02:15:20,960 --> 02:15:22,360
PAGCOR Chairman and CEO Alejandro H. Tengco: remittance na iyo.

1263
02:15:22,360 --> 02:15:24,719
Rep. Iris Marie Demesa Montes: Maraming salamat po. So, religiously

1264
02:15:24,719 --> 02:15:26,880
Rep. Iris Marie Demesa Montes: meaning compliant with the

1265
02:15:26,880 --> 02:15:28,440
Rep. Iris Marie Demesa Montes: provision of the law one year after its

1266
02:15:28,440 --> 02:15:30,760
Rep. Iris Marie Demesa Montes: enactment. So, I suppose it's 2020

1267
02:15:30,760 --> 02:15:33,079
Rep. Iris Marie Demesa Montes: ano po. Based kasi po

1268
02:15:33,079 --> 02:15:34,719
Rep. Iris Marie Demesa Montes: dito sa inyong presentation

1269
02:15:34,719 --> 02:15:36,920
Rep. Iris Marie Demesa Montes: handout, tinignan nyo

1270
02:15:36,920 --> 02:15:38,559
Rep. Iris Marie Demesa Montes: lang po ang present lang

1271
02:15:38,559 --> 02:15:40,599
Rep. Iris Marie Demesa Montes: 2023, 2024, 2025.

1272
02:15:40,599 --> 02:15:42,440
Rep. Iris Marie Demesa Montes: So, out of, from this, I

1273
02:15:42,440 --> 02:15:44,440
Rep. Iris Marie Demesa Montes: understand, yung 50%

1274
02:15:44,440 --> 02:15:46,480
Rep. Iris Marie Demesa Montes: government share for 2023 is

1275
02:15:46,480 --> 02:15:48,480
Rep. Iris Marie Demesa Montes: 34.6 billion. So,

1276
02:15:48,480 --> 02:15:50,719
Rep. Iris Marie Demesa Montes: half of that,

1277
02:15:50,719 --> 02:15:51,800
Rep. Iris Marie Demesa Montes: 17.3,

1278
02:15:51,800 --> 02:15:54,719
Rep. Iris Marie Demesa Montes: went to the National Treasury for

1279
02:15:54,719 --> 02:15:55,960
Rep. Iris Marie Demesa Montes: PhilHealth. In 2024,

1280
02:15:55,960 --> 02:15:58,480
Rep. Iris Marie Demesa Montes: 46, so 23.1

1281
02:15:58,480 --> 02:16:00,000
Rep. Iris Marie Demesa Montes: and 2025,

1282
02:16:00,000 --> 02:16:03,040
Rep. Iris Marie Demesa Montes: 45, so 22.5.

1283
02:16:03,040 --> 02:16:06,559
Rep. Iris Marie Demesa Montes: Na po.

1284
02:16:06,559 --> 02:16:07,960
Rep. Iris Marie Demesa Montes: Meron po ba kayong figure

1285
02:16:07,960 --> 02:16:10,400
Rep. Iris Marie Demesa Montes: as to your total remittance

1286
02:16:10,400 --> 02:16:11,920
Rep. Iris Marie Demesa Montes: to the National Treasury

1287
02:16:11,920 --> 02:16:13,719
Rep. Iris Marie Demesa Montes: since the time you said you

1288
02:16:13,719 --> 02:16:16,000
Rep. Iris Marie Demesa Montes: religiously

1289
02:16:16,000 --> 02:16:18,520
Rep. Iris Marie Demesa Montes: remitted to the National Treasury?

1290
02:16:18,520 --> 02:16:19,800
Rep. Iris Marie Demesa Montes: Meron po kayong

1291
02:16:19,800 --> 02:16:22,079
Rep. Iris Marie Demesa Montes: total break, total.

1292
02:16:22,079 --> 02:16:24,040
PAGCOR Chairman and CEO Alejandro H. Tengco: We, we, your honor,

1293
02:16:24,040 --> 02:16:26,079
PAGCOR Chairman and CEO Alejandro H. Tengco: we do not have it right now, but

1294
02:16:26,079 --> 02:16:27,800
PAGCOR Chairman and CEO Alejandro H. Tengco: we can submit to

1295
02:16:27,800 --> 02:16:30,159
PAGCOR Chairman and CEO Alejandro H. Tengco: the committee our

1296
02:16:30,159 --> 02:16:33,519
PAGCOR Chairman and CEO Alejandro H. Tengco: remittances. Actually,

1297
02:16:33,519 --> 02:16:34,319
PAGCOR Chairman and CEO Alejandro H. Tengco: now that I

1298
02:16:34,319 --> 02:16:36,920
PAGCOR Chairman and CEO Alejandro H. Tengco: remember, we, we have

1299
02:16:36,920 --> 02:16:37,920
PAGCOR Chairman and CEO Alejandro H. Tengco: remit, we remit

1300
02:16:37,920 --> 02:16:39,880
PAGCOR Chairman and CEO Alejandro H. Tengco: on a monthly basis

1301
02:16:39,880 --> 02:16:45,519
PAGCOR Chairman and CEO Alejandro H. Tengco: and kasi po

1302
02:16:45,519 --> 02:16:47,160
PAGCOR Chairman and CEO Alejandro H. Tengco: monthly po ang remittance namin

1303
02:16:47,160 --> 02:16:49,679
PAGCOR Chairman and CEO Alejandro H. Tengco: sa National Treasury, your honor eh.

1304
02:16:49,679 --> 02:16:52,399
Rep. Iris Marie Demesa Montes: So, that means

1305
02:16:52,399 --> 02:16:53,439
Rep. Iris Marie Demesa Montes: monthly din dapat

1306
02:16:53,439 --> 02:16:55,322
Rep. Iris Marie Demesa Montes: ay nai-remit.

1307
02:16:55,322 --> 02:16:58,089
Rep. Iris Marie Demesa Montes: Yes po. Supposedly, ang hinihingidag

1308
02:16:58,089 --> 02:16:59,840
Rep. Iris Marie Demesa Montes: po ng batas na provision, quarterly

1309
02:16:59,840 --> 02:17:02,160
Rep. Iris Marie Demesa Montes: remittance.

1310
02:17:02,160 --> 02:17:03,639
Rep. Iris Marie Demesa Montes: So, yun po yung tinatanong ko

1311
02:17:03,639 --> 02:17:05,319
Rep. Iris Marie Demesa Montes: na timely manner, meaning

1312
02:17:05,319 --> 02:17:07,559
Rep. Iris Marie Demesa Montes: quarterly remittance. But if you're

1313
02:17:07,559 --> 02:17:09,519
Rep. Iris Marie Demesa Montes: remitting monthly, then mas

1314
02:17:09,519 --> 02:17:11,639
Rep. Iris Marie Demesa Montes: maganda po. So, Madam Chair,

1315
02:17:11,639 --> 02:17:13,599
Rep. Iris Marie Demesa Montes: may I just request that

1316
02:17:13,599 --> 02:17:16,040
Rep. Iris Marie Demesa Montes: this representation be provided

1317
02:17:16,040 --> 02:17:17,880
Rep. Iris Marie Demesa Montes: with the listing

1318
02:17:17,880 --> 02:17:19,960
Rep. Iris Marie Demesa Montes: of all the remittances of

1319
02:17:19,960 --> 02:17:21,519
Rep. Iris Marie Demesa Montes: PAGCOR to the National Treasury

1320
02:17:21,519 --> 02:17:23,840
Rep. Iris Marie Demesa Montes: since the loss enactment up to present

1321
02:17:23,840 --> 02:17:25,439
Rep. Iris Marie Demesa Montes: to indicate also,

1322
02:17:25,439 --> 02:17:28,040
Rep. Iris Marie Demesa Montes: the total remittances.

1323
02:17:28,040 --> 02:17:29,599
PAGCOR Chairman and CEO Alejandro H. Tengco: We will do that, your honor,

1324
02:17:29,599 --> 02:17:31,479
PAGCOR Chairman and CEO Alejandro H. Tengco: and we will submit

1325
02:17:31,479 --> 02:17:33,319
PAGCOR Chairman and CEO Alejandro H. Tengco: the said request

1326
02:17:33,319 --> 02:17:35,439
PAGCOR Chairman and CEO Alejandro H. Tengco: to the committee so that

1327
02:17:35,439 --> 02:17:37,479
PAGCOR Chairman and CEO Alejandro H. Tengco: the committee chairperson

1328
02:17:37,479 --> 02:17:39,439
PAGCOR Chairman and CEO Alejandro H. Tengco: may forward

1329
02:17:39,439 --> 02:17:41,160
PAGCOR Chairman and CEO Alejandro H. Tengco: such report to you, ma'am.

1330
02:17:41,160 --> 02:17:43,439
Rep. Iris Marie Demesa Montes: Pakiusap ko po lang, Chair, sana po

1331
02:17:43,439 --> 02:17:45,479
Rep. Iris Marie Demesa Montes: medyo asap because

1332
02:17:45,479 --> 02:17:47,200
Rep. Iris Marie Demesa Montes: I am planning to use that

1333
02:17:47,200 --> 02:17:49,840
Rep. Iris Marie Demesa Montes: in the plenary deliberations

1334
02:17:49,840 --> 02:17:51,120
Rep. Iris Marie Demesa Montes: of the DBM

1335
02:17:51,120 --> 02:17:53,679
Rep. Iris Marie Demesa Montes: and the DOF.

1336
02:17:53,679 --> 02:17:57,519
Rep. Iris Marie Demesa Montes: Pwede po bang maipag-re-enable?

1337
02:17:57,519 --> 02:17:59,679
Rep. Iris Marie Demesa Montes: Maraming salamat po.

1338
02:17:59,679 --> 02:18:01,160
Rep. Mikaela Angela B. Suansing: That's very quick.

1339
02:18:01,160 --> 02:18:02,760
Rep. Iris Marie Demesa Montes: At kung kaya naman po, before that,

1340
02:18:02,760 --> 02:18:04,719
Rep. Mikaela Angela B. Suansing: we will do that. Basta maximum na po

1341
02:18:04,719 --> 02:18:06,359
Rep. Mikaela Angela B. Suansing: yung 48 oras.

1342
02:18:06,359 --> 02:18:08,399
Rep. Iris Marie Demesa Montes: Maraming maraming salamat po.

1343
02:18:08,399 --> 02:18:10,479
Rep. Mikaela Angela B. Suansing: Wala pong anuman, your honor.

1344
02:18:10,479 --> 02:18:13,439
Rep. Iris Marie Demesa Montes: Sige po, moving on po to my next concern.

1345
02:18:13,439 --> 02:18:15,080
Rep. Iris Marie Demesa Montes: Linawin ko lamang po, patuloy

1346
02:18:15,080 --> 02:18:16,679
Rep. Iris Marie Demesa Montes: pa rin po tayong effort natin

1347
02:18:16,679 --> 02:18:18,880
Rep. Iris Marie Demesa Montes: to privatize yung ating

1348
02:18:18,880 --> 02:18:21,240
Rep. Iris Marie Demesa Montes: mga PAGCOR.

1349
02:18:21,240 --> 02:18:22,960
Rep. Iris Marie Demesa Montes: I know it's a long-standing

1350
02:18:22,960 --> 02:18:25,639
Rep. Iris Marie Demesa Montes: plan of PAGCOR to

1351
02:18:25,639 --> 02:18:26,439
Rep. Iris Marie Demesa Montes: remain as

1352
02:18:26,439 --> 02:18:28,439
Rep. Iris Marie Demesa Montes: regulatory, no? Regulatory

1353
02:18:28,439 --> 02:18:30,240
Rep. Iris Marie Demesa Montes: na lang po yung role. So,

1354
02:18:30,240 --> 02:18:33,160
Rep. Iris Marie Demesa Montes: there were plans on selling

1355
02:18:33,160 --> 02:18:34,439
Rep. Iris Marie Demesa Montes: your, what do you call that?

1356
02:18:34,439 --> 02:18:36,319
Rep. Iris Marie Demesa Montes: The Casino Filipinos, no?

1357
02:18:36,319 --> 02:18:38,280
Rep. Iris Marie Demesa Montes: So, roughly po, mga

1358
02:18:38,280 --> 02:18:40,399
Rep. Iris Marie Demesa Montes: 40 branches po ba yan? And it

1359
02:18:40,399 --> 02:18:42,679
Rep. Iris Marie Demesa Montes: will, that move is expected

1360
02:18:42,679 --> 02:18:44,399
Rep. Iris Marie Demesa Montes: to generate about 30 to

1361
02:18:44,399 --> 02:18:46,439
Rep. Iris Marie Demesa Montes: 50 billion in proceeds

1362
02:18:46,439 --> 02:18:48,439
Rep. Iris Marie Demesa Montes: should it be privatized. Tama po ba?

1363
02:18:48,439 --> 02:18:51,679
Rep. Iris Marie Demesa Montes: Ano po ang exact figures natin?

1364
02:18:51,679 --> 02:18:52,679
PAGCOR Chairman and CEO Alejandro H. Tengco: Your honor,

1365
02:18:52,679 --> 02:18:54,639
PAGCOR Chairman and CEO Alejandro H. Tengco: sa definitely

1366
02:18:54,639 --> 02:18:56,359
PAGCOR Chairman and CEO Alejandro H. Tengco: as I mentioned earlier in

1367
02:18:56,359 --> 02:18:58,359
PAGCOR Chairman and CEO Alejandro H. Tengco: one of the answers to

1368
02:18:58,359 --> 02:19:01,280
PAGCOR Chairman and CEO Alejandro H. Tengco: the previous questions,

1369
02:19:01,280 --> 02:19:02,240
PAGCOR Chairman and CEO Alejandro H. Tengco: we are just

1370
02:19:02,240 --> 02:19:05,359
PAGCOR Chairman and CEO Alejandro H. Tengco: awaiting for the

1371
02:19:05,359 --> 02:19:06,359
PAGCOR Chairman and CEO Alejandro H. Tengco: recommendation of

1372
02:19:06,359 --> 02:19:08,200
PAGCOR Chairman and CEO Alejandro H. Tengco: the GCG or the

1373
02:19:08,200 --> 02:19:11,679
PAGCOR Chairman and CEO Alejandro H. Tengco: Governance Commission for

1374
02:19:11,679 --> 02:19:12,319
PAGCOR Chairman and CEO Alejandro H. Tengco: GOCCs to the Office

1375
02:19:12,319 --> 02:19:14,280
PAGCOR Chairman and CEO Alejandro H. Tengco: of the President. And as I had

1376
02:19:14,280 --> 02:19:16,240
PAGCOR Chairman and CEO Alejandro H. Tengco: mentioned earlier, we were told

1377
02:19:16,240 --> 02:19:19,599
PAGCOR Chairman and CEO Alejandro H. Tengco: it's going to happen soon.

1378
02:19:19,599 --> 02:19:20,120
PAGCOR Chairman and CEO Alejandro H. Tengco: So, we're

1379
02:19:20,120 --> 02:19:22,920
PAGCOR Chairman and CEO Alejandro H. Tengco: awaiting that.

1380
02:19:22,920 --> 02:19:24,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, if we get the

1381
02:19:24,800 --> 02:19:26,399
PAGCOR Chairman and CEO Alejandro H. Tengco: approval coming from the Office

1382
02:19:26,399 --> 02:19:28,599
PAGCOR Chairman and CEO Alejandro H. Tengco: of the President,

1383
02:19:28,599 --> 02:19:30,240
PAGCOR Chairman and CEO Alejandro H. Tengco: close to about

1384
02:19:30,240 --> 02:19:32,679
PAGCOR Chairman and CEO Alejandro H. Tengco: 30, high 30s

1385
02:19:32,679 --> 02:19:34,280
PAGCOR Chairman and CEO Alejandro H. Tengco: of our Casino

1386
02:19:34,280 --> 02:19:36,399
PAGCOR Chairman and CEO Alejandro H. Tengco: Filipino properties in

1387
02:19:36,399 --> 02:19:39,120
PAGCOR Chairman and CEO Alejandro H. Tengco: number will be privatized.

1388
02:19:39,120 --> 02:19:40,639
PAGCOR Chairman and CEO Alejandro H. Tengco: And

1389
02:19:40,639 --> 02:19:42,359
PAGCOR Chairman and CEO Alejandro H. Tengco: we are looking at anywhere

1390
02:19:42,359 --> 02:19:44,639
PAGCOR Chairman and CEO Alejandro H. Tengco: between

1391
02:19:44,639 --> 02:19:47,639
PAGCOR Chairman and CEO Alejandro H. Tengco: 20 to 30 billion.

1392
02:19:47,639 --> 02:19:48,599
PAGCOR Chairman and CEO Alejandro H. Tengco: With the

1393
02:19:48,599 --> 02:19:51,319
PAGCOR Chairman and CEO Alejandro H. Tengco: current situation,

1394
02:19:51,319 --> 02:19:52,200
PAGCOR Chairman and CEO Alejandro H. Tengco: bumaba po

1395
02:19:52,200 --> 02:19:54,800
PAGCOR Chairman and CEO Alejandro H. Tengco: ang revenue.

1396
02:19:54,800 --> 02:19:56,280
PAGCOR Chairman and CEO Alejandro H. Tengco: That means also

1397
02:19:56,280 --> 02:19:58,439
PAGCOR Chairman and CEO Alejandro H. Tengco: the valuation will go down.

1398
02:19:58,439 --> 02:20:01,000
PAGCOR Chairman and CEO Alejandro H. Tengco: So, nabanggit ko naman,

1399
02:20:01,000 --> 02:20:02,680
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi lang po naman sa Pilipinas,

1400
02:20:02,680 --> 02:20:04,040
PAGCOR Chairman and CEO Alejandro H. Tengco: buong mundo po talagang

1401
02:20:04,040 --> 02:20:06,160
PAGCOR Chairman and CEO Alejandro H. Tengco: apektado nitong nangyayari mga

1402
02:20:06,160 --> 02:20:08,520
PAGCOR Chairman and CEO Alejandro H. Tengco: crisis na ito. So,

1403
02:20:08,520 --> 02:20:10,399
PAGCOR Chairman and CEO Alejandro H. Tengco: we can only commit

1404
02:20:10,399 --> 02:20:14,960
PAGCOR Chairman and CEO Alejandro H. Tengco: that we will be

1405
02:20:14,960 --> 02:20:16,359
PAGCOR Chairman and CEO Alejandro H. Tengco: letting go of these

1406
02:20:16,359 --> 02:20:18,560
PAGCOR Chairman and CEO Alejandro H. Tengco: properties at the best possible

1407
02:20:18,560 --> 02:20:19,880
PAGCOR Chairman and CEO Alejandro H. Tengco: price.

1408
02:20:19,880 --> 02:20:22,399
Rep. Iris Marie Demesa Montes: My concern, Madam Chair, is that

1409
02:20:22,399 --> 02:20:25,040
Rep. Iris Marie Demesa Montes: kapag nag-privatize, siyempre maa-apek.

1410
02:20:25,040 --> 02:20:26,960
Rep. Iris Marie Demesa Montes: yung ating

1411
02:20:26,960 --> 02:20:29,080
Rep. Iris Marie Demesa Montes: income stream for PhilHealth.

1412
02:20:29,080 --> 02:20:30,880
Rep. Iris Marie Demesa Montes: Kapag po ba ito na-privatize

1413
02:20:30,880 --> 02:20:32,439
Rep. Iris Marie Demesa Montes: natin, yung proceeds from

1414
02:20:32,439 --> 02:20:34,680
Rep. Iris Marie Demesa Montes: privatization, magkakaroon

1415
02:20:34,680 --> 02:20:36,439
Rep. Iris Marie Demesa Montes: pa rin ba doon sa

1416
02:20:36,439 --> 02:20:38,200
Rep. Iris Marie Demesa Montes: total na nabanggit nyo?

1417
02:20:38,200 --> 02:20:41,439
Rep. Iris Marie Demesa Montes: Will PhilHealth get a share out of that?

1418
02:20:41,439 --> 02:20:42,359
PAGCOR Chairman and CEO Alejandro H. Tengco: Well,

1419
02:20:42,359 --> 02:20:44,560
PAGCOR Chairman and CEO Alejandro H. Tengco: clearly, Ma'am,

1420
02:20:44,560 --> 02:20:48,200
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

1421
02:20:48,200 --> 02:20:50,040
PAGCOR Chairman and CEO Alejandro H. Tengco: pagdating din po ng

1422
02:20:50,040 --> 02:20:51,760
PAGCOR Chairman and CEO Alejandro H. Tengco: period of adjustment,

1423
02:20:51,760 --> 02:20:54,120
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi ko po nakikitang

1424
02:20:54,120 --> 02:20:55,880
PAGCOR Chairman and CEO Alejandro H. Tengco: bababa po yung share.

1425
02:20:55,880 --> 02:20:57,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Sapagkat, kung mababawasan

1426
02:20:57,840 --> 02:20:59,720
PAGCOR Chairman and CEO Alejandro H. Tengco: na po yung gastos natin

1427
02:20:59,720 --> 02:21:01,720
PAGCOR Chairman and CEO Alejandro H. Tengco: ng PAGCOR sa empleyado

1428
02:21:01,720 --> 02:21:03,800
PAGCOR Chairman and CEO Alejandro H. Tengco: lamang at gayon din

1429
02:21:03,800 --> 02:21:05,840
PAGCOR Chairman and CEO Alejandro H. Tengco: sa mga upang binabayaran

1430
02:21:05,840 --> 02:21:07,680
PAGCOR Chairman and CEO Alejandro H. Tengco: nito at ang kalakit na

1431
02:21:07,680 --> 02:21:09,680
PAGCOR Chairman and CEO Alejandro H. Tengco: gastos tulad ng

1432
02:21:09,680 --> 02:21:11,560
PAGCOR Chairman and CEO Alejandro H. Tengco: pagbabayad ng mga utilities,

1433
02:21:11,560 --> 02:21:13,479
PAGCOR Chairman and CEO Alejandro H. Tengco: halimbawa na 24-7,

1434
02:21:13,479 --> 02:21:15,120
PAGCOR Chairman and CEO Alejandro H. Tengco: nakabukas ang aircon, nakabukas

1435
02:21:15,120 --> 02:21:18,160
PAGCOR Chairman and CEO Alejandro H. Tengco: ang ating

1436
02:21:18,160 --> 02:21:20,120
PAGCOR Chairman and CEO Alejandro H. Tengco: kuryente, ang ilaw.

1437
02:21:20,120 --> 02:21:21,920
PAGCOR Chairman and CEO Alejandro H. Tengco: So, sa nakikita po

1438
02:21:21,920 --> 02:21:23,800
PAGCOR Chairman and CEO Alejandro H. Tengco: at pag-aaral namin, pag ito

1439
02:21:23,800 --> 02:21:26,040
PAGCOR Chairman and CEO Alejandro H. Tengco: po ay talagang nawala na,

1440
02:21:26,040 --> 02:21:28,920
PAGCOR Chairman and CEO Alejandro H. Tengco: sa gastos ng PAGCOR,

1441
02:21:28,920 --> 02:21:30,520
PAGCOR Chairman and CEO Alejandro H. Tengco: mananatili pong

1442
02:21:30,520 --> 02:21:32,040
PAGCOR Chairman and CEO Alejandro H. Tengco: mataas ang kikitahin

1443
02:21:32,040 --> 02:21:34,040
PAGCOR Chairman and CEO Alejandro H. Tengco: ng PAGCOR. So, that being

1444
02:21:34,040 --> 02:21:36,200
PAGCOR Chairman and CEO Alejandro H. Tengco: the case, mandando po na

1445
02:21:36,200 --> 02:21:37,960
PAGCOR Chairman and CEO Alejandro H. Tengco: 50% ng aming kitay

1446
02:21:37,960 --> 02:21:40,439
PAGCOR Chairman and CEO Alejandro H. Tengco: pupunta rin sa National Treasury

1447
02:21:40,439 --> 02:21:41,920
PAGCOR Chairman and CEO Alejandro H. Tengco: kagad, eh, naniniwala po

1448
02:21:41,920 --> 02:21:44,200
PAGCOR Chairman and CEO Alejandro H. Tengco: akong in the medium term,

1449
02:21:44,200 --> 02:21:45,880
PAGCOR Chairman and CEO Alejandro H. Tengco: baka hindi lang po pumantay

1450
02:21:45,880 --> 02:21:48,920
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pangkasalukuyan, may higit

1451
02:21:48,920 --> 02:21:49,680
PAGCOR Chairman and CEO Alejandro H. Tengco: ang panya yung

1452
02:21:49,680 --> 02:21:53,000
PAGCOR Chairman and CEO Alejandro H. Tengco: nasabing tulong na

1453
02:21:53,000 --> 02:21:53,640
PAGCOR Chairman and CEO Alejandro H. Tengco: nairimit po

1454
02:21:53,640 --> 02:21:56,040
PAGCOR Chairman and CEO Alejandro H. Tengco: ng PAGCOR sa National Treasury.

1455
02:21:56,040 --> 02:21:57,200
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa pangkasalukuyan.

1456
02:21:57,200 --> 02:22:00,560
Rep. Iris Marie Demesa Montes: But how about po yung proceeds sa privatization?

1457
02:22:00,560 --> 02:22:02,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang proceeds po ng privatization

1458
02:22:02,840 --> 02:22:04,160
PAGCOR Chairman and CEO Alejandro H. Tengco: ay hindi po lahat

1459
02:22:04,160 --> 02:22:06,520
PAGCOR Chairman and CEO Alejandro H. Tengco: naman pupunta sa National Government

1460
02:22:06,520 --> 02:22:07,760
PAGCOR Chairman and CEO Alejandro H. Tengco: dahil meron pong malaking

1461
02:22:07,760 --> 02:22:10,840
PAGCOR Chairman and CEO Alejandro H. Tengco: gastos kami, which is the retirement,

1462
02:22:10,840 --> 02:22:12,080
PAGCOR Chairman and CEO Alejandro H. Tengco: the cost of retirement

1463
02:22:12,080 --> 02:22:13,720
PAGCOR Chairman and CEO Alejandro H. Tengco: of our employees.

1464
02:22:13,720 --> 02:22:15,840
PAGCOR Chairman and CEO Alejandro H. Tengco: So, that will be

1465
02:22:15,840 --> 02:22:17,960
PAGCOR Chairman and CEO Alejandro H. Tengco: running into billions

1466
02:22:17,960 --> 02:22:20,080
PAGCOR Chairman and CEO Alejandro H. Tengco: of pesos. So,

1467
02:22:20,080 --> 02:22:22,000
PAGCOR Chairman and CEO Alejandro H. Tengco: what will happen,

1468
02:22:22,000 --> 02:22:24,040
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, kung ano man po

1469
02:22:24,040 --> 02:22:25,960
PAGCOR Chairman and CEO Alejandro H. Tengco: yung matitira dun,

1470
02:22:25,960 --> 02:22:28,800
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pinagbentahan,

1471
02:22:28,800 --> 02:22:29,960
PAGCOR Chairman and CEO Alejandro H. Tengco: yung po ay

1472
02:22:29,960 --> 02:22:31,840
PAGCOR Chairman and CEO Alejandro H. Tengco: kalahati po nun, i-remit muli

1473
02:22:31,840 --> 02:22:34,280
PAGCOR Chairman and CEO Alejandro H. Tengco: ng PAGCOR

1474
02:22:34,280 --> 02:22:36,160
PAGCOR Chairman and CEO Alejandro H. Tengco: sa National Treasury.

1475
02:22:36,160 --> 02:22:39,000
Rep. Iris Marie Demesa Montes: Meaning, PhilHealth

1476
02:22:39,000 --> 02:22:40,571
Rep. Iris Marie Demesa Montes: will still get the 50%.

1477
02:22:40,571 --> 02:22:41,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Definitely.

1478
02:22:41,600 --> 02:22:43,280
Rep. Iris Marie Demesa Montes: Maraming maraming salamat po.

1479
02:22:43,280 --> 02:22:45,880
Rep. Iris Marie Demesa Montes: Moving on to my next question, Madam Chair,

1480
02:22:45,880 --> 02:22:47,399
Rep. Iris Marie Demesa Montes: nabanggit na po kanina,

1481
02:22:47,399 --> 02:22:49,720
Rep. Iris Marie Demesa Montes: I remember, I heard,

1482
02:22:49,720 --> 02:22:52,439
Rep. Iris Marie Demesa Montes: meron ka pong pronouncement before

1483
02:22:52,439 --> 02:22:55,000
Rep. Iris Marie Demesa Montes: na parang

1484
02:22:55,000 --> 02:22:58,040
Rep. Iris Marie Demesa Montes: PAGCOR launched,

1485
02:22:58,040 --> 02:22:59,040
Rep. Iris Marie Demesa Montes: the agency

1486
02:22:59,040 --> 02:23:00,640
Rep. Iris Marie Demesa Montes: launched a new

1487
02:23:00,640 --> 02:23:03,280
Rep. Iris Marie Demesa Montes: flagship project.

1488
02:23:03,280 --> 02:23:04,720
Rep. Iris Marie Demesa Montes: At kasama po dito yung

1489
02:23:04,720 --> 02:23:07,040
Rep. Iris Marie Demesa Montes: school buildings, yung e-learning

1490
02:23:07,040 --> 02:23:09,319
Rep. Iris Marie Demesa Montes: centers, community wellness centers,

1491
02:23:09,319 --> 02:23:11,640
Rep. Iris Marie Demesa Montes: and social civic centers,

1492
02:23:11,640 --> 02:23:13,359
Rep. Iris Marie Demesa Montes: parang evacuation centers.

1493
02:23:13,359 --> 02:23:15,600
Rep. Iris Marie Demesa Montes: Is that part of the JMC

1494
02:23:15,600 --> 02:23:17,359
Rep. Iris Marie Demesa Montes: 01 series of 2024

1495
02:23:17,359 --> 02:23:19,160
Rep. Iris Marie Demesa Montes: memorandum po ninyo?

1496
02:23:19,160 --> 02:23:21,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo. Nagkaroon na po

1497
02:23:21,000 --> 02:23:22,840
PAGCOR Chairman and CEO Alejandro H. Tengco: ng malaking

1498
02:23:22,840 --> 02:23:25,319
PAGCOR Chairman and CEO Alejandro H. Tengco: pagbabago sa kadahilan

1499
02:23:25,319 --> 02:23:26,319
PAGCOR Chairman and CEO Alejandro H. Tengco: ng Your Honor,

1500
02:23:26,319 --> 02:23:28,560
PAGCOR Chairman and CEO Alejandro H. Tengco: na kami po ay pinakiusapan

1501
02:23:28,560 --> 02:23:30,120
PAGCOR Chairman and CEO Alejandro H. Tengco: ng administrasyon

1502
02:23:30,120 --> 02:23:32,120
PAGCOR Chairman and CEO Alejandro H. Tengco: na tumulong sa

1503
02:23:32,120 --> 02:23:34,840
PAGCOR Chairman and CEO Alejandro H. Tengco: pagpapatayo ng mga classrooms.

1504
02:23:34,840 --> 02:23:37,240
PAGCOR Chairman and CEO Alejandro H. Tengco: So, we realigned

1505
02:23:37,240 --> 02:23:39,319
PAGCOR Chairman and CEO Alejandro H. Tengco: our budget

1506
02:23:39,319 --> 02:23:41,240
PAGCOR Chairman and CEO Alejandro H. Tengco: for

1507
02:23:41,240 --> 02:23:42,160
PAGCOR Chairman and CEO Alejandro H. Tengco: the said infrastructure

1508
02:23:42,160 --> 02:23:44,439
PAGCOR Chairman and CEO Alejandro H. Tengco: projects like

1509
02:23:44,439 --> 02:23:47,000
PAGCOR Chairman and CEO Alejandro H. Tengco: community wellness centers,

1510
02:23:47,000 --> 02:23:49,120
PAGCOR Chairman and CEO Alejandro H. Tengco: evacuation centers,

1511
02:23:49,120 --> 02:23:50,520
PAGCOR Chairman and CEO Alejandro H. Tengco: e-libraries,

1512
02:23:50,520 --> 02:23:51,800
PAGCOR Chairman and CEO Alejandro H. Tengco: yun po ngayon,

1513
02:23:51,800 --> 02:23:54,920
PAGCOR Chairman and CEO Alejandro H. Tengco: ay realign na namin para po

1514
02:23:54,920 --> 02:23:55,840
PAGCOR Chairman and CEO Alejandro H. Tengco: maipatupad na ito.

1515
02:23:55,840 --> 02:23:58,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Itong 125

1516
02:23:58,080 --> 02:24:00,439
PAGCOR Chairman and CEO Alejandro H. Tengco: school building construction.

1517
02:24:00,439 --> 02:24:02,240
PAGCOR Chairman and CEO Alejandro H. Tengco: At dito po nakatoon

1518
02:24:02,240 --> 02:24:04,600
PAGCOR Chairman and CEO Alejandro H. Tengco: ang lahat ng resources ng

1519
02:24:04,600 --> 02:24:06,279
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR sa pangkasalukuyan.

1520
02:24:06,279 --> 02:24:08,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa paniniwala pong

1521
02:24:08,080 --> 02:24:09,840
PAGCOR Chairman and CEO Alejandro H. Tengco: una, makatutulong tayo

1522
02:24:09,840 --> 02:24:12,520
PAGCOR Chairman and CEO Alejandro H. Tengco: sa backlog ng pagpagre-reduce

1523
02:24:12,520 --> 02:24:13,760
PAGCOR Chairman and CEO Alejandro H. Tengco: o pag-mimitigate

1524
02:24:13,760 --> 02:24:15,600
PAGCOR Chairman and CEO Alejandro H. Tengco: yung backlog natin ng classroom.

1525
02:24:15,600 --> 02:24:18,319
PAGCOR Chairman and CEO Alejandro H. Tengco: At more important, ito po ay

1526
02:24:18,319 --> 02:24:20,000
PAGCOR Chairman and CEO Alejandro H. Tengco: talagang sa kinabukasan

1527
02:24:20,000 --> 02:24:22,439
PAGCOR Chairman and CEO Alejandro H. Tengco: na rin ng ating mga kabataan.

1528
02:24:22,439 --> 02:24:23,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil

1529
02:24:23,960 --> 02:24:25,960
PAGCOR Chairman and CEO Alejandro H. Tengco: more classrooms would mean

1530
02:24:25,960 --> 02:24:27,520
PAGCOR Chairman and CEO Alejandro H. Tengco: better education

1531
02:24:27,520 --> 02:24:31,560
PAGCOR Chairman and CEO Alejandro H. Tengco: to our youth.

1532
02:24:31,560 --> 02:24:32,640
PAGCOR Chairman and CEO Alejandro H. Tengco: So, yun lang po.

1533
02:24:32,640 --> 02:24:35,520
Rep. Iris Marie Demesa Montes: So, after po na ma-realize natin

1534
02:24:35,520 --> 02:24:37,439
Rep. Iris Marie Demesa Montes: itong almost 8 billion na

1535
02:24:37,439 --> 02:24:39,760
Rep. Iris Marie Demesa Montes: school building at makakonstruct

1536
02:24:39,760 --> 02:24:41,279
Rep. Iris Marie Demesa Montes: ng

1537
02:24:41,279 --> 02:24:43,160
Rep. Iris Marie Demesa Montes: 125 po ba

1538
02:24:43,160 --> 02:24:45,319
Rep. Iris Marie Demesa Montes: na sites and

1539
02:24:45,319 --> 02:24:47,920
Rep. Iris Marie Demesa Montes: 1,500 classrooms,

1540
02:24:47,920 --> 02:24:50,880
Rep. Iris Marie Demesa Montes: pwede po ba natin uli

1541
02:24:50,880 --> 02:24:51,800
Rep. Iris Marie Demesa Montes: makonsider yung funding

1542
02:24:51,800 --> 02:24:53,720
Rep. Iris Marie Demesa Montes: for those projects

1543
02:24:53,720 --> 02:24:55,640
Rep. Iris Marie Demesa Montes: that you supposedly prioritize?

1544
02:24:55,640 --> 02:24:57,720
Rep. Iris Marie Demesa Montes: Under the joint memorandum

1545
02:24:57,720 --> 02:24:59,840
Rep. Iris Marie Demesa Montes: katulad po ng mga wellness centers

1546
02:24:59,840 --> 02:25:02,080
Rep. Iris Marie Demesa Montes: and evacuation centers.

1547
02:25:02,080 --> 02:25:04,040
Rep. Iris Marie Demesa Montes: Nasa pipeline pa po ba rin

1548
02:25:04,040 --> 02:25:06,800
Rep. Iris Marie Demesa Montes: yan ng PAGCOR?

1549
02:25:06,800 --> 02:25:07,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

1550
02:25:07,560 --> 02:25:09,640
PAGCOR Chairman and CEO Alejandro H. Tengco: I believe it is very

1551
02:25:09,640 --> 02:25:11,920
PAGCOR Chairman and CEO Alejandro H. Tengco: possible.

1552
02:25:11,920 --> 02:25:14,200
PAGCOR Chairman and CEO Alejandro H. Tengco: Matapos lang po itong unang batch

1553
02:25:14,200 --> 02:25:16,920
PAGCOR Chairman and CEO Alejandro H. Tengco: unless pakikiusapan na naman tayong

1554
02:25:16,920 --> 02:25:17,680
PAGCOR Chairman and CEO Alejandro H. Tengco: dagdagan yung

1555
02:25:17,680 --> 02:25:20,960
PAGCOR Chairman and CEO Alejandro H. Tengco: 125 school buildings.

1556
02:25:20,960 --> 02:25:22,720
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero naniniwala po ako

1557
02:25:22,720 --> 02:25:24,479
PAGCOR Chairman and CEO Alejandro H. Tengco: na nag-uumpisa na po

1558
02:25:24,479 --> 02:25:26,479
PAGCOR Chairman and CEO Alejandro H. Tengco: yung proseso sa pangkasalukuyan.

1559
02:25:26,479 --> 02:25:27,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Doon sa procurement

1560
02:25:27,800 --> 02:25:30,319
PAGCOR Chairman and CEO Alejandro H. Tengco: ng pagpapagawa nito

1561
02:25:30,319 --> 02:25:31,600
PAGCOR Chairman and CEO Alejandro H. Tengco: mga swelahang ito,

1562
02:25:31,600 --> 02:25:33,359
PAGCOR Chairman and CEO Alejandro H. Tengco: naniniwala po ako

1563
02:25:33,359 --> 02:25:36,439
PAGCOR Chairman and CEO Alejandro H. Tengco: na matatapos po ang karamihan ito

1564
02:25:36,439 --> 02:25:37,840
PAGCOR Chairman and CEO Alejandro H. Tengco: sa katapusan ng

1565
02:25:37,840 --> 02:25:39,120
PAGCOR Chairman and CEO Alejandro H. Tengco: 2027.

1566
02:25:39,120 --> 02:25:41,680
PAGCOR Chairman and CEO Alejandro H. Tengco: So, baka po malaki ang

1567
02:25:41,680 --> 02:25:43,760
PAGCOR Chairman and CEO Alejandro H. Tengco: posibilidad sa kasagutan

1568
02:25:43,760 --> 02:25:45,680
PAGCOR Chairman and CEO Alejandro H. Tengco: sa inyong katanungan

1569
02:25:45,680 --> 02:25:47,319
PAGCOR Chairman and CEO Alejandro H. Tengco: na sa 2028

1570
02:25:47,319 --> 02:25:50,760
PAGCOR Chairman and CEO Alejandro H. Tengco: ay mag-rebalance kami.

1571
02:25:50,760 --> 02:25:51,680
PAGCOR Chairman and CEO Alejandro H. Tengco: I think that will be

1572
02:25:51,680 --> 02:25:53,569
PAGCOR Chairman and CEO Alejandro H. Tengco: a better term.

1573
02:25:53,569 --> 02:25:54,479
PAGCOR Chairman and CEO Alejandro H. Tengco: Tutal,

1574
02:25:54,479 --> 02:25:55,520
PAGCOR Chairman and CEO Alejandro H. Tengco: na-achieve na natin.

1575
02:25:55,520 --> 02:26:00,439
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung pagpapatayo ng

1576
02:26:00,439 --> 02:26:01,560
PAGCOR Chairman and CEO Alejandro H. Tengco: 1,500 classrooms,

1577
02:26:01,560 --> 02:26:04,120
PAGCOR Chairman and CEO Alejandro H. Tengco: eh, baka sa 2028,

1578
02:26:04,120 --> 02:26:05,640
PAGCOR Chairman and CEO Alejandro H. Tengco: nandun pa naman hopefully

1579
02:26:05,640 --> 02:26:07,040
PAGCOR Chairman and CEO Alejandro H. Tengco: ang inyong lingkod

1580
02:26:07,040 --> 02:26:08,880
PAGCOR Chairman and CEO Alejandro H. Tengco: bilang chairman and CEO,

1581
02:26:08,880 --> 02:26:10,960
PAGCOR Chairman and CEO Alejandro H. Tengco: ay makapag-rebalance

1582
02:26:10,960 --> 02:26:13,760
PAGCOR Chairman and CEO Alejandro H. Tengco: para nang sa ganon,

1583
02:26:13,760 --> 02:26:15,000
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi na ganong karaming

1584
02:26:15,000 --> 02:26:17,000
PAGCOR Chairman and CEO Alejandro H. Tengco: classrooms ang itatayo,

1585
02:26:17,000 --> 02:26:19,160
PAGCOR Chairman and CEO Alejandro H. Tengco: ipagpatuloy na yung mga

1586
02:26:19,160 --> 02:26:21,240
PAGCOR Chairman and CEO Alejandro H. Tengco: dating prioridad tulad ng

1587
02:26:21,240 --> 02:26:23,760
PAGCOR Chairman and CEO Alejandro H. Tengco: evacuation center,

1588
02:26:23,760 --> 02:26:24,720
PAGCOR Chairman and CEO Alejandro H. Tengco: e-libraries,

1589
02:26:24,720 --> 02:26:26,680
PAGCOR Chairman and CEO Alejandro H. Tengco: tsaka wellness center.

1590
02:26:26,680 --> 02:26:28,359
Rep. Iris Marie Demesa Montes: Thank you, Chair Al.

1591
02:26:28,359 --> 02:26:29,520
Rep. Iris Marie Demesa Montes: That's exactly the point

1592
02:26:29,520 --> 02:26:31,920
Rep. Iris Marie Demesa Montes: I was trying to get to.

1593
02:26:31,920 --> 02:26:33,880
Rep. Iris Marie Demesa Montes: In the event na

1594
02:26:33,880 --> 02:26:34,479
Rep. Iris Marie Demesa Montes: podohan na natin,

1595
02:26:34,479 --> 02:26:36,600
Rep. Iris Marie Demesa Montes: maybe it would be

1596
02:26:36,600 --> 02:26:39,439
Rep. Iris Marie Demesa Montes: time naman to

1597
02:26:39,439 --> 02:26:42,080
Rep. Iris Marie Demesa Montes: do a balancing

1598
02:26:42,080 --> 02:26:43,000
Rep. Iris Marie Demesa Montes: decision naman

1599
02:26:43,000 --> 02:26:45,880
Rep. Iris Marie Demesa Montes: para hindi naman nalileft out

1600
02:26:45,880 --> 02:26:47,760
Rep. Iris Marie Demesa Montes: other equally important

1601
02:26:47,760 --> 02:26:49,800
Rep. Iris Marie Demesa Montes: projects that can be funded

1602
02:26:49,800 --> 02:26:51,439
Rep. Iris Marie Demesa Montes: out of PAGCOR income.

1603
02:26:51,439 --> 02:26:52,920
Rep. Iris Marie Demesa Montes: Yun lamang po, Madam Chair.

1604
02:26:52,920 --> 02:26:54,760
Rep. Iris Marie Demesa Montes: Maraming salamat, Chair Al.

1605
02:26:54,760 --> 02:26:56,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Maraming salamat,

1606
02:26:56,000 --> 02:26:58,080
PAGCOR Chairman and CEO Alejandro H. Tengco: I love your honor sa pagkakataon.

1607
02:26:58,080 --> 02:27:00,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Makapagpaliwanag ako sa pagsagot

1608
02:27:00,520 --> 02:27:03,479
PAGCOR Chairman and CEO Alejandro H. Tengco: sa inyong mga katanungan.

1609
02:27:03,479 --> 02:27:04,800
Rep. Iris Marie Demesa Montes: Thank you, Chair Al.

1610
02:27:04,800 --> 02:27:06,600
Rep. Mikaela Angela B. Suansing: Thank you, Representative Montes.

1611
02:27:06,600 --> 02:27:07,479
Rep. Mikaela Angela B. Suansing: We'll now move to our next

1612
02:27:07,479 --> 02:27:09,560
Rep. Mikaela Angela B. Suansing: interpellator from the majority,

1613
02:27:09,560 --> 02:27:11,040
Rep. Mikaela Angela B. Suansing: Representative Jan

1614
02:27:11,040 --> 02:27:12,000
Rep. Mikaela Angela B. Suansing: Atty. JP Padiernos.

1615
02:27:12,000 --> 02:27:12,960
Rep. Jan "Atty. JP" Padiernos: Thank you, Madam Chair.

1616
02:27:12,960 --> 02:27:16,680
Rep. Jan "Atty. JP" Padiernos: Good morning to our PAGCOR family

1617
02:27:16,680 --> 02:27:19,279
Rep. Jan "Atty. JP" Padiernos: headed by Chairman Alejandro Tengco,

1618
02:27:19,279 --> 02:27:23,600
Rep. Jan "Atty. JP" Padiernos: and also special mention

1619
02:27:23,600 --> 02:27:25,365
Rep. Jan "Atty. JP" Padiernos: to our former Congresswoman

1620
02:27:25,365 --> 02:27:26,600
Rep. Jan "Atty. JP" Padiernos: again,

1621
02:27:26,600 --> 02:27:40,640
Rep. Jan "Atty. JP" Padiernos: So, good morning. May mga konting katanungan lang po, Madam Chair, sa ating PAGCOR. Una po yung ating displacement and mass layoff from casino privatization.

1622
02:27:40,640 --> 02:27:52,800
Rep. Jan "Atty. JP" Padiernos: So, PAGCOR plans to privatize around 40 casino Filipino properties, potentially affecting approximately 10,000 regular and contractual employees.

1623
02:27:52,800 --> 02:28:01,920
Rep. Jan "Atty. JP" Padiernos: Since asset sale ang structure, hindi automatic na required ang private buyers na i-retain ang existing workforce.

1624
02:28:01,920 --> 02:28:13,160
Rep. Jan "Atty. JP" Padiernos: May proposed 50-70% employee absorption requirement, pero maaari itong makapektos sa valuation at bids dahil sa additional labor costs and liabilities.

1625
02:28:13,160 --> 02:28:23,080
Rep. Jan "Atty. JP" Padiernos: Ang katanungan ko po sa PAGCOR, Madam Chair, is sa privatization ng said 40 casino Filipino properties.

1626
02:28:23,080 --> 02:28:30,960
Rep. Jan "Atty. JP" Padiernos: Ilan po sa approximately 10,000 employees ang projected na ma-displace or ma-retrench?

1627
02:28:30,960 --> 02:28:41,640
Rep. Jan "Atty. JP" Padiernos: At kung ang proposed 50-70% employee absorption requirement ay mag-resulta sa lower bids, ano ang magiging priority ng PAGCOR?

1628
02:28:41,640 --> 02:28:46,040
Rep. Jan "Atty. JP" Padiernos: Maximizing privatization proceeds or protecting existing jobs?

1629
02:28:46,040 --> 02:28:51,479
Rep. Jan "Atty. JP" Padiernos: And ano po ang konkretong safeguards para sa mga employees na hindi ma-absorb?

1630
02:28:51,479 --> 02:28:52,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Okay.

1631
02:28:52,840 --> 02:29:00,279
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po sa inyong katanungan, Congressman Padiernos.

1632
02:29:00,279 --> 02:29:14,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Una po ay gusto ko lang pong bigyan ng diin na hindi na po natin maaaring talikuran ang privatization.

1633
02:29:14,600 --> 02:29:24,224
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa pangkasalukoyan po eh, sa taong ito lang po, ang casino Filipino ay prinoproject na malulugin ng mahigit 6 na bilis.

1634
02:29:24,224 --> 02:29:26,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa 452 billion piso.

1635
02:29:26,080 --> 02:29:32,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Magsimula po nang ako'y nanombrehan na maging chairman at CEO ng PAGCOR,

1636
02:29:32,960 --> 02:29:38,399
PAGCOR Chairman and CEO Alejandro H. Tengco: meron na pong 15 billion piso ang nalugi sa casino Filipino.

1637
02:29:38,399 --> 02:29:47,359
PAGCOR Chairman and CEO Alejandro H. Tengco: So, hindi ko po matatanggap na patuloy na lang na dumugo nang dumugo at malugi ang Casino Filipino

1638
02:29:47,359 --> 02:29:55,560
PAGCOR Chairman and CEO Alejandro H. Tengco: para lamang sa ilan libong mga tao compared to...

1639
02:29:55,560 --> 02:30:00,920
PAGCOR Chairman and CEO Alejandro H. Tengco: compared to or compared sa mga mamayong Pilipinong matutulungan ng PAGCOR

1640
02:30:00,920 --> 02:30:07,920
PAGCOR Chairman and CEO Alejandro H. Tengco: kung yung luging ito ay hindi malugi at maging mas malakas ang PAGCOR

1641
02:30:07,920 --> 02:30:12,920
PAGCOR Chairman and CEO Alejandro H. Tengco: at makatulong ito sa mas marami nating kababayan.

1642
02:30:12,920 --> 02:30:18,720
PAGCOR Chairman and CEO Alejandro H. Tengco: Ngayon, tungkol po sa measures, una, nabanggit ko na ito kanina,

1643
02:30:18,720 --> 02:30:27,040
PAGCOR Chairman and CEO Alejandro H. Tengco: meron pong regular retirement ang lahat ng empleyado na maapektuhan.

1644
02:30:27,040 --> 02:30:32,200
PAGCOR Chairman and CEO Alejandro H. Tengco: Dagdag dun sa sagot ko sa inyong katanungan kanina,

1645
02:30:32,200 --> 02:30:39,439
PAGCOR Chairman and CEO Alejandro H. Tengco: meron po sigurong hindi bababa sa 6,000 empleyado ang maapektuhan ito.

1646
02:30:39,439 --> 02:30:43,120
PAGCOR Chairman and CEO Alejandro H. Tengco: Itong tinatawag na decoupling privatization.

1647
02:30:43,120 --> 02:30:48,439
PAGCOR Chairman and CEO Alejandro H. Tengco: So una, bibigyan po natin ng regular retirement.

1648
02:30:48,439 --> 02:30:49,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Package.

1649
02:30:49,600 --> 02:30:54,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero higit doon, sapagkat nagiging involuntary ang kanilang retirement.

1650
02:30:54,920 --> 02:30:57,040
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi naman po nila kagustuhan eh.

1651
02:30:57,040 --> 02:31:01,200
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito po ay naganap dahil sa pagkakataon.

1652
02:31:01,200 --> 02:31:08,040
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron pong tinatawag, Your Honor, na special incentive package or SIP

1653
02:31:08,040 --> 02:31:15,319
PAGCOR Chairman and CEO Alejandro H. Tengco: kung saan, aside from the regular retirement, magkakaroon po sila ng karagdagan na namang

1654
02:31:15,319 --> 02:31:17,640
PAGCOR Chairman and CEO Alejandro H. Tengco: ah

1655
02:31:17,640 --> 02:31:18,600
PAGCOR Chairman and CEO Alejandro H. Tengco: matatanggap

1656
02:31:18,600 --> 02:31:18,880
PAGCOR Chairman and CEO Alejandro H. Tengco: na

1657
02:31:18,880 --> 02:31:19,760
PAGCOR Chairman and CEO Alejandro H. Tengco: bayad

1658
02:31:19,760 --> 02:31:27,640
PAGCOR Chairman and CEO Alejandro H. Tengco: sapagkat sila ay nagkaroon ng involuntary retirement.

1659
02:31:27,640 --> 02:31:34,399
PAGCOR Chairman and CEO Alejandro H. Tengco: Ngayon, doon po sa sinasabing pag-aabsorb nung mga kasinos na privado

1660
02:31:34,399 --> 02:31:36,640
PAGCOR Chairman and CEO Alejandro H. Tengco: kung sakaling may bibili,

1661
02:31:36,640 --> 02:31:42,640
PAGCOR Chairman and CEO Alejandro H. Tengco: yun po ay definitely ay makikiusap po tayo doon sa bibili

1662
02:31:42,640 --> 02:31:46,240
PAGCOR Chairman and CEO Alejandro H. Tengco: to absorb whoever they can absorb.

1663
02:31:46,240 --> 02:31:48,479
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil alam naman natin,

1664
02:31:48,479 --> 02:31:52,359
PAGCOR Chairman and CEO Alejandro H. Tengco: wala naman kasinong gusto magsara kahit isang minuto.

1665
02:31:52,359 --> 02:31:57,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya on the basis of continuity of business,

1666
02:31:57,319 --> 02:32:02,520
PAGCOR Chairman and CEO Alejandro H. Tengco: the most logical on new terms with the employees,

1667
02:32:02,520 --> 02:32:04,720
PAGCOR Chairman and CEO Alejandro H. Tengco: mag-absorb sila

1668
02:32:04,720 --> 02:32:08,960
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mas marami, mas maigi para sa PAGCOR.

1669
02:32:08,960 --> 02:32:10,399
PAGCOR Chairman and CEO Alejandro H. Tengco: Aside from that,

1670
02:32:10,399 --> 02:32:16,080
PAGCOR Chairman and CEO Alejandro H. Tengco: we have already started to implement programs

1671
02:32:16,080 --> 02:32:17,200
PAGCOR Chairman and CEO Alejandro H. Tengco: at

1672
02:32:17,200 --> 02:32:18,974
PAGCOR Chairman and CEO Alejandro H. Tengco: if you do not mind,

1673
02:32:18,974 --> 02:32:20,399
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman Padiernos,

1674
02:32:20,399 --> 02:32:21,359
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

1675
02:32:21,359 --> 02:32:25,996
PAGCOR Chairman and CEO Alejandro H. Tengco: I could ask our Vice President for Human Resources

1676
02:32:25,996 --> 02:32:27,760
PAGCOR Chairman and CEO Alejandro H. Tengco: to already

1677
02:32:27,760 --> 02:32:28,972
PAGCOR Chairman and CEO Alejandro H. Tengco: ah

1678
02:32:28,972 --> 02:32:31,105
PAGCOR Chairman and CEO Alejandro H. Tengco: state what programs

1679
02:32:31,105 --> 02:32:33,479
PAGCOR Chairman and CEO Alejandro H. Tengco: we're already doing para

1680
02:32:33,479 --> 02:32:35,160
PAGCOR Chairman and CEO Alejandro H. Tengco: ma-mitigate po yung mga anxiety

1681
02:32:35,160 --> 02:32:38,720
PAGCOR Chairman and CEO Alejandro H. Tengco: at yung mga nakikita natin magiging problema

1682
02:32:38,720 --> 02:32:43,720
PAGCOR Chairman and CEO Alejandro H. Tengco: dito sa ating mga empleyadong tatamaan ng

1683
02:32:43,720 --> 02:32:46,800
PAGCOR Chairman and CEO Alejandro H. Tengco: privatization or decoupling na ito.

1684
02:32:46,800 --> 02:32:48,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Gusto ko pong

1685
02:32:48,600 --> 02:32:50,560
PAGCOR Chairman and CEO Alejandro H. Tengco: bigyan ng DIN

1686
02:32:50,560 --> 02:32:54,680
PAGCOR Chairman and CEO Alejandro H. Tengco: na primary po sa pag-court at sa inyong likod

1687
02:32:54,680 --> 02:32:56,479
PAGCOR Chairman and CEO Alejandro H. Tengco: ang mabigyan ng proteksyon

1688
02:32:56,479 --> 02:32:58,520
PAGCOR Chairman and CEO Alejandro H. Tengco: ang ating mga empleyado

1689
02:32:58,520 --> 02:33:00,240
PAGCOR Chairman and CEO Alejandro H. Tengco: before privatization.

1690
02:33:00,240 --> 02:33:03,040
PAGCOR Chairman and CEO Alejandro H. Tengco: So, with your permission,

1691
02:33:03,040 --> 02:33:04,760
PAGCOR Chairman and CEO Alejandro H. Tengco: maybe ah

1692
02:33:04,760 --> 02:33:06,240
PAGCOR Chairman and CEO Alejandro H. Tengco: I can ask

1693
02:33:06,240 --> 02:33:08,399
PAGCOR Chairman and CEO Alejandro H. Tengco: Vice President for HR

1694
02:33:08,399 --> 02:33:09,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Lito Domingo

1695
02:33:09,840 --> 02:33:12,880
PAGCOR Chairman and CEO Alejandro H. Tengco: to just mention a few of the things

1696
02:33:12,880 --> 02:33:14,640
PAGCOR Chairman and CEO Alejandro H. Tengco: that we're already doing

1697
02:33:14,640 --> 02:33:16,520
PAGCOR Chairman and CEO Alejandro H. Tengco: to mitigate the

1698
02:33:16,520 --> 02:33:18,920
PAGCOR Chairman and CEO Alejandro H. Tengco: anxiety and the

1699
02:33:18,920 --> 02:33:20,080
PAGCOR Chairman and CEO Alejandro H. Tengco: whatever

1700
02:33:20,080 --> 02:33:22,359
PAGCOR Chairman and CEO Alejandro H. Tengco: thoughts there are with these

1701
02:33:22,359 --> 02:33:24,840
PAGCOR Chairman and CEO Alejandro H. Tengco: employees who will be affected.

1702
02:33:24,840 --> 02:33:28,160
PAGCOR Chairman and CEO Alejandro H. Tengco: Si Vice President Lito Domingo po.

1703
02:33:28,160 --> 02:33:30,359
PAGCOR Vice President Angelito De Jesus Domingo: Magandang umaga po, Congressman Padiernos.

1704
02:33:30,359 --> 02:33:31,920
PAGCOR Vice President Angelito De Jesus Domingo: Ma'am, good morning po.

1705
02:33:31,920 --> 02:33:34,000
PAGCOR Vice President Angelito De Jesus Domingo: Just to give you an overview

1706
02:33:34,000 --> 02:33:37,240
PAGCOR Vice President Angelito De Jesus Domingo: of the different training initiatives,

1707
02:33:37,240 --> 02:33:38,399
PAGCOR Vice President Angelito De Jesus Domingo: we have four different

1708
02:33:38,399 --> 02:33:40,319
PAGCOR Vice President Angelito De Jesus Domingo: categories in the training initiative

1709
02:33:40,319 --> 02:33:42,359
PAGCOR Vice President Angelito De Jesus Domingo: from management training,

1710
02:33:42,359 --> 02:33:44,240
PAGCOR Vice President Angelito De Jesus Domingo: self-development,

1711
02:33:44,240 --> 02:33:46,279
PAGCOR Vice President Angelito De Jesus Domingo: personality development,

1712
02:33:46,279 --> 02:33:48,120
PAGCOR Vice President Angelito De Jesus Domingo: and amongst these programs,

1713
02:33:48,120 --> 02:33:51,240
PAGCOR Vice President Angelito De Jesus Domingo: we have already concluded, as of date,

1714
02:33:51,240 --> 02:33:52,319
PAGCOR Vice President Angelito De Jesus Domingo: including November

1715
02:33:52,319 --> 02:33:54,200
PAGCOR Vice President Angelito De Jesus Domingo: of last year, 5,000

1716
02:33:54,200 --> 02:33:56,640
PAGCOR Vice President Angelito De Jesus Domingo: training initiatives for

1717
02:33:56,640 --> 02:33:58,240
PAGCOR Vice President Angelito De Jesus Domingo: individuals. Yan po yung

1718
02:33:58,240 --> 02:34:00,080
PAGCOR Vice President Angelito De Jesus Domingo: actual graduates natin.

1719
02:34:00,080 --> 02:34:02,160
PAGCOR Vice President Angelito De Jesus Domingo: From as short as a two or three-day

1720
02:34:02,160 --> 02:34:04,359
PAGCOR Vice President Angelito De Jesus Domingo: program in-house, we

1721
02:34:04,359 --> 02:34:06,279
PAGCOR Vice President Angelito De Jesus Domingo: proceed to a four or five-day

1722
02:34:06,279 --> 02:34:09,160
PAGCOR Vice President Angelito De Jesus Domingo: program. Aside from that po,

1723
02:34:09,160 --> 02:34:10,319
PAGCOR Vice President Angelito De Jesus Domingo: we also are

1724
02:34:10,319 --> 02:34:12,399
PAGCOR Vice President Angelito De Jesus Domingo: proceeding with other gaming-related

1725
02:34:12,399 --> 02:34:14,240
PAGCOR Vice President Angelito De Jesus Domingo: training initiatives, as mentioned by

1726
02:34:14,240 --> 02:34:16,359
PAGCOR Vice President Angelito De Jesus Domingo: our chairman, especially

1727
02:34:16,359 --> 02:34:18,279
PAGCOR Vice President Angelito De Jesus Domingo: as we move forward towards more

1728
02:34:18,279 --> 02:34:20,920
PAGCOR Vice President Angelito De Jesus Domingo: technologically advanced

1729
02:34:20,920 --> 02:34:23,399
PAGCOR Vice President Angelito De Jesus Domingo: gaming programs.

1730
02:34:23,399 --> 02:34:25,080
PAGCOR Vice President Angelito De Jesus Domingo: Uumpisahan na po yan.

1731
02:34:25,080 --> 02:34:25,960
PAGCOR Vice President Angelito De Jesus Domingo: Meron po kaming

1732
02:34:25,960 --> 02:34:28,359
PAGCOR Vice President Angelito De Jesus Domingo: ginagawang expanded and specialized

1733
02:34:28,359 --> 02:34:30,319
PAGCOR Vice President Angelito De Jesus Domingo: training. Ano po ito?

1734
02:34:30,319 --> 02:34:32,279
PAGCOR Vice President Angelito De Jesus Domingo: Halimbawa po kayo ay

1735
02:34:32,279 --> 02:34:35,200
PAGCOR Vice President Angelito De Jesus Domingo: dealer, magkakaroon po ng

1736
02:34:35,200 --> 02:34:36,479
PAGCOR Vice President Angelito De Jesus Domingo: cross-training for slot machine

1737
02:34:36,479 --> 02:34:38,160
PAGCOR Vice President Angelito De Jesus Domingo: so that your

1738
02:34:38,160 --> 02:34:40,359
PAGCOR Vice President Angelito De Jesus Domingo: competency to be employed

1739
02:34:40,359 --> 02:34:42,479
PAGCOR Vice President Angelito De Jesus Domingo: in the IRs

1740
02:34:42,479 --> 02:34:44,080
PAGCOR Vice President Angelito De Jesus Domingo: or the acquiring entity

1741
02:34:44,080 --> 02:34:46,240
PAGCOR Vice President Angelito De Jesus Domingo: is enhanced. Finally po,

1742
02:34:46,240 --> 02:34:48,560
PAGCOR Vice President Angelito De Jesus Domingo: we also have initiated,

1743
02:34:48,560 --> 02:34:50,319
PAGCOR Vice President Angelito De Jesus Domingo: as mentioned by our chairman

1744
02:34:50,319 --> 02:34:52,160
PAGCOR Vice President Angelito De Jesus Domingo: again, yung pong alignment namin

1745
02:34:52,160 --> 02:34:54,279
PAGCOR Vice President Angelito De Jesus Domingo: with the civil service. This is

1746
02:34:54,279 --> 02:34:56,399
PAGCOR Vice President Angelito De Jesus Domingo: ongoing. We

1747
02:34:56,399 --> 02:34:58,160
PAGCOR Vice President Angelito De Jesus Domingo: in fact proceeded with the

1748
02:34:58,160 --> 02:35:00,520
PAGCOR Vice President Angelito De Jesus Domingo: initial training of about

1749
02:35:00,520 --> 02:35:03,160
PAGCOR Vice President Angelito De Jesus Domingo: 80 to 100 people

1750
02:35:03,160 --> 02:35:04,120
PAGCOR Vice President Angelito De Jesus Domingo: just the past two

1751
02:35:04,120 --> 02:35:06,200
PAGCOR Vice President Angelito De Jesus Domingo: months. Almost 12 of

1752
02:35:06,200 --> 02:35:08,160
PAGCOR Vice President Angelito De Jesus Domingo: them were registered for an exam. We

1753
02:35:08,160 --> 02:35:10,080
PAGCOR Vice President Angelito De Jesus Domingo: are requesting for

1754
02:35:10,080 --> 02:35:12,240
PAGCOR Vice President Angelito De Jesus Domingo: an additional exemption

1755
02:35:12,240 --> 02:35:14,520
PAGCOR Vice President Angelito De Jesus Domingo: to do the online exam.

1756
02:35:14,520 --> 02:35:16,439
PAGCOR Vice President Angelito De Jesus Domingo: Ito po ay isang mitigation. May

1757
02:35:16,439 --> 02:35:18,399
PAGCOR Vice President Angelito De Jesus Domingo: measure so that they can be employed

1758
02:35:18,399 --> 02:35:21,279
PAGCOR Vice President Angelito De Jesus Domingo: in other government agencies.

1759
02:35:21,279 --> 02:35:22,439
PAGCOR Vice President Angelito De Jesus Domingo: We are also working

1760
02:35:22,439 --> 02:35:24,800
PAGCOR Vice President Angelito De Jesus Domingo: on a special

1761
02:35:24,800 --> 02:35:26,399
PAGCOR Vice President Angelito De Jesus Domingo: in-house

1762
02:35:26,399 --> 02:35:28,279
PAGCOR Vice President Angelito De Jesus Domingo: program where CSE will give us

1763
02:35:28,279 --> 02:35:30,240
PAGCOR Vice President Angelito De Jesus Domingo: all the vacancies so our employees

1764
02:35:30,240 --> 02:35:32,319
PAGCOR Vice President Angelito De Jesus Domingo: can apply to other government

1765
02:35:32,319 --> 02:35:34,479
PAGCOR Vice President Angelito De Jesus Domingo: entities. So continuing

1766
02:35:34,479 --> 02:35:36,279
PAGCOR Vice President Angelito De Jesus Domingo: po yan, we expect to complete

1767
02:35:36,279 --> 02:35:39,399
PAGCOR Vice President Angelito De Jesus Domingo: about 10,000 training

1768
02:35:39,399 --> 02:35:40,319
PAGCOR Vice President Angelito De Jesus Domingo: initiatives by

1769
02:35:40,319 --> 02:35:42,479
PAGCOR Vice President Angelito De Jesus Domingo: end of year and enhance further

1770
02:35:42,479 --> 02:35:44,680
PAGCOR Vice President Angelito De Jesus Domingo: our CSE initiatives.

1771
02:35:44,680 --> 02:35:47,520
PAGCOR Vice President Angelito De Jesus Domingo: Yun po sir. Thank you.

1772
02:35:47,520 --> 02:35:49,600
Rep. Jan "Atty. JP" Padiernos: Thank you po Madam Chair.

1773
02:35:49,600 --> 02:35:51,520
Rep. Jan "Atty. JP" Padiernos: At maganda pong narinig natin yun

1774
02:35:51,520 --> 02:35:54,680
Rep. Jan "Atty. JP" Padiernos: sa ating butihing chairman at sa

1775
02:35:54,680 --> 02:35:55,920
Rep. Jan "Atty. JP" Padiernos: PAGCOR na hindi po nila

1776
02:35:55,920 --> 02:35:57,600
Rep. Jan "Atty. JP" Padiernos: papabayaan. Tama po ba

1777
02:35:57,600 --> 02:36:00,479
Rep. Jan "Atty. JP" Padiernos: ang commitment nyo to help our

1778
02:36:00,479 --> 02:36:01,560
Rep. Jan "Atty. JP" Padiernos: future

1779
02:36:01,560 --> 02:36:03,399
Rep. Jan "Atty. JP" Padiernos: yung mga matidisplace po ng mga

1780
02:36:03,399 --> 02:36:05,439
Rep. Jan "Atty. JP" Padiernos: empleyado. Pangalawa pong tanong

1781
02:36:05,439 --> 02:36:07,560
Rep. Jan "Atty. JP" Padiernos: na-mention po kasi kanina.

1782
02:36:07,560 --> 02:36:09,319
Rep. Jan "Atty. JP" Padiernos: Yung isa sa mga reasons po

1783
02:36:09,319 --> 02:36:12,080
Rep. Jan "Atty. JP" Padiernos: yung pag-decline po ng revenue is yung

1784
02:36:12,080 --> 02:36:15,359
Rep. Jan "Atty. JP" Padiernos: pag-restrict ng e-wallet.

1785
02:36:15,359 --> 02:36:16,160
Rep. Jan "Atty. JP" Padiernos: And

1786
02:36:16,160 --> 02:36:17,960
Rep. Jan "Atty. JP" Padiernos: so following the BSP restrictions

1787
02:36:17,960 --> 02:36:19,520
Rep. Jan "Atty. JP" Padiernos: on direct gambling links in

1788
02:36:19,520 --> 02:36:21,840
Rep. Jan "Atty. JP" Padiernos: e-wallets, naapektuhan ang

1789
02:36:21,840 --> 02:36:23,479
Rep. Jan "Atty. JP" Padiernos: transactions ng licensed

1790
02:36:23,479 --> 02:36:25,720
Rep. Jan "Atty. JP" Padiernos: e-games operators. At the

1791
02:36:25,720 --> 02:36:28,080
Rep. Jan "Atty. JP" Padiernos: same time, may players na lumilipat

1792
02:36:28,080 --> 02:36:29,800
Rep. Jan "Atty. JP" Padiernos: po sa third-party payment

1793
02:36:29,800 --> 02:36:31,960
Rep. Jan "Atty. JP" Padiernos: channels and unauthorized

1794
02:36:31,960 --> 02:36:33,640
Rep. Jan "Atty. JP" Padiernos: aggregators. This

1795
02:36:33,640 --> 02:36:36,680
Rep. Jan "Atty. JP" Padiernos: creates additional risks of fraud,

1796
02:36:36,680 --> 02:36:38,080
Rep. Jan "Atty. JP" Padiernos: data theft, and money laundering

1797
02:36:38,080 --> 02:36:39,800
Rep. Jan "Atty. JP" Padiernos: habang nadidehado naman ang

1798
02:36:39,800 --> 02:36:42,000
Rep. Jan "Atty. JP" Padiernos: mga legitimate and regulated

1799
02:36:42,000 --> 02:36:43,600
Rep. Jan "Atty. JP" Padiernos: operators. Ang

1800
02:36:43,600 --> 02:36:46,319
Rep. Jan "Atty. JP" Padiernos: tanong ko po ay paano po

1801
02:36:46,319 --> 02:36:48,600
Rep. Jan "Atty. JP" Padiernos: balance ng PAGCOR ang

1802
02:36:48,600 --> 02:36:50,200
Rep. Jan "Atty. JP" Padiernos: BSP restrictions

1803
02:36:50,200 --> 02:36:52,319
Rep. Jan "Atty. JP" Padiernos: on direct e-wallet links

1804
02:36:52,319 --> 02:36:53,880
Rep. Jan "Atty. JP" Padiernos: sa gambling sites

1805
02:36:53,880 --> 02:36:55,600
Rep. Jan "Atty. JP" Padiernos: with the need to support legitimate

1806
02:36:55,600 --> 02:36:58,439
Rep. Jan "Atty. JP" Padiernos: and regulated e-games operators.

1807
02:36:58,439 --> 02:37:00,120
Rep. Jan "Atty. JP" Padiernos: Especially

1808
02:37:00,120 --> 02:37:01,880
Rep. Jan "Atty. JP" Padiernos: ngayong may players na lumilipat

1809
02:37:01,880 --> 02:37:03,760
Rep. Jan "Atty. JP" Padiernos: po sa mga third-party

1810
02:37:03,760 --> 02:37:05,800
Rep. Jan "Atty. JP" Padiernos: payment channels at unauthorized

1811
02:37:05,800 --> 02:37:08,000
Rep. Jan "Atty. JP" Padiernos: aggregators na mas exposed

1812
02:37:08,000 --> 02:37:09,840
Rep. Jan "Atty. JP" Padiernos: po dito sa mga nabanggit ko kanina

1813
02:37:09,840 --> 02:37:13,020
Rep. Jan "Atty. JP" Padiernos: sa fraud, data theft, and money laundering.

1814
02:37:13,020 --> 02:37:14,680
Rep. Jan "Atty. JP" Padiernos: Salamat

1815
02:37:14,680 --> 02:37:16,439
PAGCOR Chairman and CEO Alejandro H. Tengco: sa katanungan, Your

1816
02:37:16,439 --> 02:37:19,120
PAGCOR Chairman and CEO Alejandro H. Tengco: Honor, Congressman

1817
02:37:19,120 --> 02:37:20,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Padiernos. Dahil ito po

1818
02:37:20,000 --> 02:37:22,399
PAGCOR Chairman and CEO Alejandro H. Tengco: yung binabanggit ko kanina

1819
02:37:22,399 --> 02:37:24,080
PAGCOR Chairman and CEO Alejandro H. Tengco: pa, na

1820
02:37:24,080 --> 02:37:25,800
PAGCOR Chairman and CEO Alejandro H. Tengco: ito po mga illegal operators

1821
02:37:25,800 --> 02:37:27,800
PAGCOR Chairman and CEO Alejandro H. Tengco: na ito ang siyang malaking

1822
02:37:27,800 --> 02:37:30,439
PAGCOR Chairman and CEO Alejandro H. Tengco: problema natin sa pangkasalukuyan.

1823
02:37:30,439 --> 02:37:32,000
PAGCOR Chairman and CEO Alejandro H. Tengco: At kami

1824
02:37:32,000 --> 02:37:33,760
PAGCOR Chairman and CEO Alejandro H. Tengco: po ay

1825
02:37:33,760 --> 02:37:36,160
PAGCOR Chairman and CEO Alejandro H. Tengco: how we are addressing it?

1826
02:37:36,160 --> 02:37:37,840
PAGCOR Chairman and CEO Alejandro H. Tengco: We are in constant

1827
02:37:37,840 --> 02:37:39,800
PAGCOR Chairman and CEO Alejandro H. Tengco: dialogue with the Bangko Sentral ng

1828
02:37:39,800 --> 02:37:42,240
PAGCOR Chairman and CEO Alejandro H. Tengco: Pilipinas.

1829
02:37:42,240 --> 02:37:43,680
PAGCOR Chairman and CEO Alejandro H. Tengco: Kami po ay

1830
02:37:43,680 --> 02:37:45,439
PAGCOR Chairman and CEO Alejandro H. Tengco: regular na nakikipag-usap at

1831
02:37:45,439 --> 02:37:47,520
PAGCOR Chairman and CEO Alejandro H. Tengco: nakikipag-ugnayan sa kanila

1832
02:37:47,520 --> 02:37:49,760
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mabigyan ng pansin.

1833
02:37:49,760 --> 02:37:52,960
PAGCOR Chairman and CEO Alejandro H. Tengco: At doon po,

1834
02:37:52,960 --> 02:37:54,120
PAGCOR Chairman and CEO Alejandro H. Tengco: naiulat na namin

1835
02:37:54,120 --> 02:37:55,760
PAGCOR Chairman and CEO Alejandro H. Tengco: sa kanila kung sino

1836
02:37:55,760 --> 02:37:57,880
PAGCOR Chairman and CEO Alejandro H. Tengco: yung mga illegal

1837
02:37:57,880 --> 02:38:00,600
PAGCOR Chairman and CEO Alejandro H. Tengco: payment aggregators.

1838
02:38:00,600 --> 02:38:02,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Naiulat na po namin sa kanila

1839
02:38:02,080 --> 02:38:04,120
PAGCOR Chairman and CEO Alejandro H. Tengco: kung sino yung mga

1840
02:38:04,120 --> 02:38:05,720
PAGCOR Chairman and CEO Alejandro H. Tengco: illegal na mga payment

1841
02:38:05,720 --> 02:38:08,399
PAGCOR Chairman and CEO Alejandro H. Tengco: apps or sometimes even

1842
02:38:08,399 --> 02:38:09,920
PAGCOR Chairman and CEO Alejandro H. Tengco: legal payment

1843
02:38:09,920 --> 02:38:11,650
PAGCOR Chairman and CEO Alejandro H. Tengco: apps na nagsaserve it.

1844
02:38:11,650 --> 02:38:13,240
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito yung mga

1845
02:38:13,240 --> 02:38:15,479
PAGCOR Chairman and CEO Alejandro H. Tengco: unlicensed online

1846
02:38:15,479 --> 02:38:17,000
PAGCOR Chairman and CEO Alejandro H. Tengco: gaming operators.

1847
02:38:17,000 --> 02:38:19,800
PAGCOR Chairman and CEO Alejandro H. Tengco: So, very regular po

1848
02:38:19,800 --> 02:38:21,600
PAGCOR Chairman and CEO Alejandro H. Tengco: ang aming pakikipag-ugnayan

1849
02:38:21,600 --> 02:38:24,120
PAGCOR Chairman and CEO Alejandro H. Tengco: sa Bangko Sentral.

1850
02:38:24,120 --> 02:38:25,880
PAGCOR Chairman and CEO Alejandro H. Tengco: At yan po

1851
02:38:25,880 --> 02:38:29,200
PAGCOR Chairman and CEO Alejandro H. Tengco: ay hindi namin

1852
02:38:29,200 --> 02:38:30,279
PAGCOR Chairman and CEO Alejandro H. Tengco: ihinto dahil

1853
02:38:30,279 --> 02:38:31,920
PAGCOR Chairman and CEO Alejandro H. Tengco: yung pong collaboration

1854
02:38:31,920 --> 02:38:33,560
PAGCOR Chairman and CEO Alejandro H. Tengco: is a big help.

1855
02:38:33,560 --> 02:38:35,720
PAGCOR Chairman and CEO Alejandro H. Tengco: Ngayon,

1856
02:38:35,720 --> 02:38:37,720
PAGCOR Chairman and CEO Alejandro H. Tengco: isa din pong ginagawa namin

1857
02:38:37,720 --> 02:38:39,479
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pangkasalukuyan

1858
02:38:39,479 --> 02:38:41,600
PAGCOR Chairman and CEO Alejandro H. Tengco: ay yung posibilidad po

1859
02:38:41,600 --> 02:38:43,479
PAGCOR Chairman and CEO Alejandro H. Tengco: magtayo or

1860
02:38:43,479 --> 02:38:46,160
PAGCOR Chairman and CEO Alejandro H. Tengco: mag-launch ng isang

1861
02:38:46,160 --> 02:38:47,840
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR app.

1862
02:38:47,840 --> 02:38:50,880
PAGCOR Chairman and CEO Alejandro H. Tengco: So, dito po sa PAGCOR app,

1863
02:38:50,880 --> 02:38:52,279
PAGCOR Chairman and CEO Alejandro H. Tengco: pagka may

1864
02:38:52,279 --> 02:38:54,089
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR app na kayo sa mga telepono

1865
02:38:54,089 --> 02:38:55,399
PAGCOR Chairman and CEO Alejandro H. Tengco: ninyo,

1866
02:38:55,399 --> 02:38:58,960
PAGCOR Chairman and CEO Alejandro H. Tengco: pag pinindot nyo po yung PAGCOR app,

1867
02:38:58,960 --> 02:38:59,920
PAGCOR Chairman and CEO Alejandro H. Tengco: bibigay na sa inyo

1868
02:38:59,920 --> 02:39:01,399
PAGCOR Chairman and CEO Alejandro H. Tengco: yung listahan

1869
02:39:01,399 --> 02:39:03,319
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga legal

1870
02:39:03,319 --> 02:39:05,819
PAGCOR Chairman and CEO Alejandro H. Tengco: na may lisensyang operator.

1871
02:39:05,819 --> 02:39:08,319
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

1872
02:39:08,319 --> 02:39:10,359
PAGCOR Chairman and CEO Alejandro H. Tengco: maproprotektahan ka.

1873
02:39:10,359 --> 02:39:11,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Makakasiguro ka

1874
02:39:11,600 --> 02:39:13,680
PAGCOR Chairman and CEO Alejandro H. Tengco: na ang linalaro among site

1875
02:39:13,680 --> 02:39:16,160
PAGCOR Chairman and CEO Alejandro H. Tengco: ay lisensyado ng PAGCOR.

1876
02:39:16,160 --> 02:39:18,399
PAGCOR Chairman and CEO Alejandro H. Tengco: So, again, twofold ito.

1877
02:39:18,399 --> 02:39:19,920
PAGCOR Chairman and CEO Alejandro H. Tengco: One,

1878
02:39:19,920 --> 02:39:22,120
PAGCOR Chairman and CEO Alejandro H. Tengco: nasusug po natin yung illegal na

1879
02:39:22,120 --> 02:39:24,810
PAGCOR Chairman and CEO Alejandro H. Tengco: mga operator.

1880
02:39:24,810 --> 02:39:27,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Two,

1881
02:39:27,000 --> 02:39:28,520
PAGCOR Chairman and CEO Alejandro H. Tengco: naproprotektahan ang bawat

1882
02:39:28,520 --> 02:39:29,920
PAGCOR Chairman and CEO Alejandro H. Tengco: kababayan nating

1883
02:39:29,920 --> 02:39:31,120
PAGCOR Chairman and CEO Alejandro H. Tengco: maglalaro.

1884
02:39:31,120 --> 02:39:34,359
PAGCOR Chairman and CEO Alejandro H. Tengco: Sapagkat ang natitiyak po namin,

1885
02:39:34,359 --> 02:39:36,160
PAGCOR Chairman and CEO Alejandro H. Tengco: basta may lisensya

1886
02:39:36,160 --> 02:39:37,960
PAGCOR Chairman and CEO Alejandro H. Tengco: ang pinaglalaroan nyo,

1887
02:39:37,960 --> 02:39:39,640
PAGCOR Chairman and CEO Alejandro H. Tengco: meron pong process of

1888
02:39:39,640 --> 02:39:41,840
PAGCOR Chairman and CEO Alejandro H. Tengco: resolution kung magkakaproblema

1889
02:39:41,840 --> 02:39:43,880
PAGCOR Chairman and CEO Alejandro H. Tengco: kayo. Yung issue na

1890
02:39:43,880 --> 02:39:46,479
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi nagbabayad ng deposito,

1891
02:39:46,479 --> 02:39:47,760
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi nagbabayad ng

1892
02:39:47,760 --> 02:39:49,720
PAGCOR Chairman and CEO Alejandro H. Tengco: panalo, eh hindi

1893
02:39:49,720 --> 02:39:51,319
PAGCOR Chairman and CEO Alejandro H. Tengco: na mangyayari yun

1894
02:39:51,319 --> 02:39:54,520
PAGCOR Chairman and CEO Alejandro H. Tengco: makapaglalaro ka na sa isang

1895
02:39:54,520 --> 02:39:55,560
PAGCOR Chairman and CEO Alejandro H. Tengco: legal

1896
02:39:55,560 --> 02:39:57,760
PAGCOR Chairman and CEO Alejandro H. Tengco: na

1897
02:39:57,760 --> 02:40:00,720
PAGCOR Chairman and CEO Alejandro H. Tengco: operator. Kaya, yun po

1898
02:40:00,720 --> 02:40:01,640
PAGCOR Chairman and CEO Alejandro H. Tengco: we're expecting

1899
02:40:01,640 --> 02:40:04,240
PAGCOR Chairman and CEO Alejandro H. Tengco: to launch it maybe on the

1900
02:40:04,240 --> 02:40:06,279
PAGCOR Chairman and CEO Alejandro H. Tengco: fourth quarter of this year.

1901
02:40:06,279 --> 02:40:07,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Malaking bagay po yun.

1902
02:40:07,960 --> 02:40:10,040
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil yun, maging

1903
02:40:10,040 --> 02:40:12,279
PAGCOR Chairman and CEO Alejandro H. Tengco: hikaya tayo, we will use these

1904
02:40:12,279 --> 02:40:13,600
PAGCOR Chairman and CEO Alejandro H. Tengco: advertisements

1905
02:40:13,600 --> 02:40:15,560
PAGCOR Chairman and CEO Alejandro H. Tengco: to let people know that

1906
02:40:15,560 --> 02:40:18,040
PAGCOR Chairman and CEO Alejandro H. Tengco: if you really want to patronize

1907
02:40:18,040 --> 02:40:20,439
PAGCOR Chairman and CEO Alejandro H. Tengco: your online gaming operator,

1908
02:40:20,439 --> 02:40:21,720
PAGCOR Chairman and CEO Alejandro H. Tengco: dito ka na sa PAGCOR

1909
02:40:21,720 --> 02:40:23,600
PAGCOR Chairman and CEO Alejandro H. Tengco: app. Para nang sa ganun,

1910
02:40:23,600 --> 02:40:25,640
PAGCOR Chairman and CEO Alejandro H. Tengco: pagpindot mo ng PAGCOR app,

1911
02:40:25,640 --> 02:40:28,399
PAGCOR Chairman and CEO Alejandro H. Tengco: lilitaw na ron, ikaw nang mamimili

1912
02:40:28,399 --> 02:40:29,880
PAGCOR Chairman and CEO Alejandro H. Tengco: kung sino ang

1913
02:40:29,880 --> 02:40:31,600
PAGCOR Chairman and CEO Alejandro H. Tengco: gusto mong paglaroan

1914
02:40:31,600 --> 02:40:33,680
PAGCOR Chairman and CEO Alejandro H. Tengco: na site. So, yan po ang mga

1915
02:40:33,680 --> 02:40:35,340
PAGCOR Chairman and CEO Alejandro H. Tengco: hakbang na ginagawa namin sa

1916
02:40:35,340 --> 02:40:37,439
PAGCOR Chairman and CEO Alejandro H. Tengco: paglalaro ko yan. At

1917
02:40:37,439 --> 02:40:39,880
PAGCOR Chairman and CEO Alejandro H. Tengco: ganun din po, patuloy din po

1918
02:40:39,880 --> 02:40:42,439
PAGCOR Chairman and CEO Alejandro H. Tengco: ang pakikipag-ugnayan namin sa

1919
02:40:42,439 --> 02:40:43,840
PAGCOR Chairman and CEO Alejandro H. Tengco: DICT,

1920
02:40:43,840 --> 02:40:45,560
PAGCOR Chairman and CEO Alejandro H. Tengco: NTC, at sa

1921
02:40:45,560 --> 02:40:48,049
PAGCOR Chairman and CEO Alejandro H. Tengco: CICC para

1922
02:40:48,049 --> 02:40:50,439
PAGCOR Chairman and CEO Alejandro H. Tengco: regularly lang

1923
02:40:50,439 --> 02:40:51,479
PAGCOR Chairman and CEO Alejandro H. Tengco: manalalaman kung sino-sino

1924
02:40:51,479 --> 02:40:53,560
PAGCOR Chairman and CEO Alejandro H. Tengco: nga ba yung mga

1925
02:40:53,560 --> 02:40:55,399
PAGCOR Chairman and CEO Alejandro H. Tengco: nagagamit na payment

1926
02:40:55,399 --> 02:40:57,720
PAGCOR Chairman and CEO Alejandro H. Tengco: applications na yan

1927
02:40:57,720 --> 02:40:59,680
PAGCOR Chairman and CEO Alejandro H. Tengco: na nagsaservice ng

1928
02:40:59,680 --> 02:41:01,319
PAGCOR Chairman and CEO Alejandro H. Tengco: mga hindi

1929
02:41:01,319 --> 02:41:05,000
PAGCOR Chairman and CEO Alejandro H. Tengco: lisensyado ng PAGCOR.

1930
02:41:05,000 --> 02:41:06,399
Rep. Jan "Atty. JP" Padiernos: Follow-up question.

1931
02:41:06,399 --> 02:41:07,520
Rep. Jan "Atty. JP" Padiernos: Madam Chair,

1932
02:41:07,520 --> 02:41:10,000
Rep. Jan "Atty. JP" Padiernos: if e-games revenues decline

1933
02:41:10,000 --> 02:41:12,479
Rep. Jan "Atty. JP" Padiernos: by more than 41%

1934
02:41:12,479 --> 02:41:15,439
Rep. Jan "Atty. JP" Padiernos: in H1 2026,

1935
02:41:15,439 --> 02:41:16,000
Rep. Jan "Atty. JP" Padiernos: ano po ang

1936
02:41:16,000 --> 02:41:18,880
Rep. Jan "Atty. JP" Padiernos: regulatory response

1937
02:41:18,880 --> 02:41:20,520
Rep. Jan "Atty. JP" Padiernos: sa PAGCOR? Paano ninyo

1938
02:41:20,520 --> 02:41:22,080
Rep. Jan "Atty. JP" Padiernos: i-recover ang legitimate

1939
02:41:22,080 --> 02:41:23,960
Rep. Jan "Atty. JP" Padiernos: e-games sector without simply making

1940
02:41:23,960 --> 02:41:26,240
Rep. Jan "Atty. JP" Padiernos: gambling easier to access,

1941
02:41:26,240 --> 02:41:27,520
Rep. Jan "Atty. JP" Padiernos: especially for minors

1942
02:41:27,520 --> 02:41:32,359
Rep. Jan "Atty. JP" Padiernos: and other vulnerable players?

1943
02:41:32,359 --> 02:41:33,479
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

1944
02:41:33,479 --> 02:41:36,160
PAGCOR Chairman and CEO Alejandro H. Tengco: as I had mentioned earlier,

1945
02:41:36,160 --> 02:41:37,359
PAGCOR Chairman and CEO Alejandro H. Tengco: naghanap na rin kami

1946
02:41:37,359 --> 02:41:39,040
PAGCOR Chairman and CEO Alejandro H. Tengco: at nag-aaral na rin

1947
02:41:39,040 --> 02:41:41,560
PAGCOR Chairman and CEO Alejandro H. Tengco: na magpatupad ng iba't ibang mga

1948
02:41:41,560 --> 02:41:44,560
PAGCOR Chairman and CEO Alejandro H. Tengco: revenue generating

1949
02:41:44,560 --> 02:41:45,640
PAGCOR Chairman and CEO Alejandro H. Tengco: programs.

1950
02:41:45,640 --> 02:41:48,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Tulad nga po ng SCBPO

1951
02:41:48,000 --> 02:41:50,600
PAGCOR Chairman and CEO Alejandro H. Tengco: or yung Special Class BPO.

1952
02:41:50,600 --> 02:41:51,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Ayun po,

1953
02:41:51,560 --> 02:41:53,800
PAGCOR Chairman and CEO Alejandro H. Tengco: nakikita ko, magsasampa

1954
02:41:53,800 --> 02:41:55,520
PAGCOR Chairman and CEO Alejandro H. Tengco: po sa PAGCOR yan

1955
02:41:55,520 --> 02:41:57,640
PAGCOR Chairman and CEO Alejandro H. Tengco: pag na-normalize na easily

1956
02:41:57,640 --> 02:42:00,000
PAGCOR Chairman and CEO Alejandro H. Tengco: mga 2 to 3 billion pesos.

1957
02:42:00,000 --> 02:42:02,399
PAGCOR Chairman and CEO Alejandro H. Tengco: So, these are the measures

1958
02:42:02,399 --> 02:42:04,000
PAGCOR Chairman and CEO Alejandro H. Tengco: that we are

1959
02:42:04,000 --> 02:42:06,120
PAGCOR Chairman and CEO Alejandro H. Tengco: doing. In short,

1960
02:42:06,120 --> 02:42:08,880
PAGCOR Chairman and CEO Alejandro H. Tengco: we are also studying

1961
02:42:08,880 --> 02:42:10,000
PAGCOR Chairman and CEO Alejandro H. Tengco: other revenue

1962
02:42:10,000 --> 02:42:11,920
PAGCOR Chairman and CEO Alejandro H. Tengco: generating schemes

1963
02:42:11,920 --> 02:42:13,560
PAGCOR Chairman and CEO Alejandro H. Tengco: para nang sa ganun, yung

1964
02:42:13,560 --> 02:42:16,399
PAGCOR Chairman and CEO Alejandro H. Tengco: nawawala namin sa kaliwang bulsa

1965
02:42:16,399 --> 02:42:18,240
PAGCOR Chairman and CEO Alejandro H. Tengco: ay ma-recover naman namin

1966
02:42:18,240 --> 02:42:20,240
PAGCOR Chairman and CEO Alejandro H. Tengco: sa kanan na bulsa namin.

1967
02:42:20,240 --> 02:42:21,760
PAGCOR Chairman and CEO Alejandro H. Tengco: So, patuloy po ang

1968
02:42:21,760 --> 02:42:24,640
PAGCOR Chairman and CEO Alejandro H. Tengco: aming pag-aaral at

1969
02:42:24,640 --> 02:42:26,439
PAGCOR Chairman and CEO Alejandro H. Tengco: makikita po natin

1970
02:42:26,439 --> 02:42:28,040
PAGCOR Chairman and CEO Alejandro H. Tengco: hopefully sa

1971
02:42:28,040 --> 02:42:30,200
PAGCOR Chairman and CEO Alejandro H. Tengco: 2027 ay

1972
02:42:30,200 --> 02:42:33,040
PAGCOR Chairman and CEO Alejandro H. Tengco: kung meron man decline

1973
02:42:33,040 --> 02:42:34,600
PAGCOR Chairman and CEO Alejandro H. Tengco: ma-recover din natin ito.

1974
02:42:34,600 --> 02:42:36,279
PAGCOR Chairman and CEO Alejandro H. Tengco: Gusto ko rin pong

1975
02:42:36,279 --> 02:42:37,840
PAGCOR Chairman and CEO Alejandro H. Tengco: magbigay muling alam

1976
02:42:37,840 --> 02:42:39,520
PAGCOR Chairman and CEO Alejandro H. Tengco: sa inyo, your honor,

1977
02:42:39,520 --> 02:42:42,000
PAGCOR Chairman and CEO Alejandro H. Tengco: na itong last month po

1978
02:42:42,000 --> 02:42:43,960
PAGCOR Chairman and CEO Alejandro H. Tengco: of July, nakakita

1979
02:42:43,960 --> 02:42:45,920
PAGCOR Chairman and CEO Alejandro H. Tengco: po kami ng increase

1980
02:42:45,920 --> 02:42:48,359
PAGCOR Chairman and CEO Alejandro H. Tengco: sa revenue ng online gaming.

1981
02:42:48,359 --> 02:42:49,720
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po sa paghikayat

1982
02:42:49,720 --> 02:42:51,760
PAGCOR Chairman and CEO Alejandro H. Tengco: na maglaro ang ating mga kababayan.

1983
02:42:51,760 --> 02:42:54,240
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung hindi, marami na po

1984
02:42:54,240 --> 02:42:55,520
PAGCOR Chairman and CEO Alejandro H. Tengco: ang limilipat

1985
02:42:55,520 --> 02:42:58,439
PAGCOR Chairman and CEO Alejandro H. Tengco: from the illegals to the legal

1986
02:42:58,439 --> 02:43:01,760
PAGCOR Chairman and CEO Alejandro H. Tengco: licenses po natin.

1987
02:43:01,760 --> 02:43:03,720
Rep. Jan "Atty. JP" Padiernos: Thank you, Madam Chair.

1988
02:43:03,720 --> 02:43:06,200
Rep. Jan "Atty. JP" Padiernos: Next point on

1989
02:43:06,200 --> 02:43:08,720
Rep. Jan "Atty. JP" Padiernos: Pigo platforms

1990
02:43:08,720 --> 02:43:09,720
Rep. Jan "Atty. JP" Padiernos: or

1991
02:43:09,720 --> 02:43:12,680
Rep. Jan "Atty. JP" Padiernos: inland gaming operations.

1992
02:43:12,680 --> 02:43:13,960
Rep. Jan "Atty. JP" Padiernos: So, kahit po may

1993
02:43:13,960 --> 02:43:15,720
Rep. Jan "Atty. JP" Padiernos: KYC requirements or know your

1994
02:43:15,720 --> 02:43:17,720
Rep. Jan "Atty. JP" Padiernos: customer requirements, kinagamit umano

1995
02:43:17,720 --> 02:43:19,560
Rep. Jan "Atty. JP" Padiernos: ang pre-verified or

1996
02:43:19,560 --> 02:43:21,600
Rep. Jan "Atty. JP" Padiernos: mule e-wallet accounts para

1997
02:43:21,600 --> 02:43:24,840
Rep. Jan "Atty. JP" Padiernos: makapasok sa online gaming platforms.

1998
02:43:24,840 --> 02:43:25,760
Rep. Jan "Atty. JP" Padiernos: This

1999
02:43:25,760 --> 02:43:27,720
Rep. Jan "Atty. JP" Padiernos: creates risk

2000
02:43:27,720 --> 02:43:29,720
Rep. Jan "Atty. JP" Padiernos: involving, again, yung minamensyong ko ay

2001
02:43:29,720 --> 02:43:31,800
Rep. Jan "Atty. JP" Padiernos: money laundering, fraud, and

2002
02:43:31,800 --> 02:43:33,960
Rep. Jan "Atty. JP" Padiernos: access by minors.

2003
02:43:33,960 --> 02:43:35,680
Rep. Jan "Atty. JP" Padiernos: May reports po na gumagamit

2004
02:43:35,680 --> 02:43:38,040
Rep. Jan "Atty. JP" Padiernos: ng such pre-verified or

2005
02:43:38,040 --> 02:43:40,040
Rep. Jan "Atty. JP" Padiernos: mule e-wallet accounts para ma-bypass

2006
02:43:40,040 --> 02:43:42,520
Rep. Jan "Atty. JP" Padiernos: ang KYC requirements.

2007
02:43:42,520 --> 02:43:43,920
Rep. Jan "Atty. JP" Padiernos: Ilan na po ang

2008
02:43:43,920 --> 02:43:45,800
Rep. Jan "Atty. JP" Padiernos: Pigo or e-games licenses

2009
02:43:45,800 --> 02:43:47,640
Rep. Jan "Atty. JP" Padiernos: na na-fine, suspended,

2010
02:43:47,640 --> 02:43:50,200
Rep. Jan "Atty. JP" Padiernos: or otherwise sanctioned by PAGCOR

2011
02:43:50,200 --> 02:43:52,080
Rep. Jan "Atty. JP" Padiernos: dahil sa failure to prevent

2012
02:43:52,080 --> 02:43:54,439
Rep. Jan "Atty. JP" Padiernos: proxy accounts, third-party

2013
02:43:54,439 --> 02:43:56,080
Rep. Jan "Atty. JP" Padiernos: funding, or access by

2014
02:43:56,080 --> 02:43:57,720
Rep. Jan "Atty. JP" Padiernos: minors? At ano po ang

2015
02:43:57,720 --> 02:43:59,640
Rep. Jan "Atty. JP" Padiernos: ginagawa ninyo para masiguradong hindi

2016
02:43:59,640 --> 02:44:03,479
Rep. Jan "Atty. JP" Padiernos: lang compliance on paper?

2017
02:44:03,479 --> 02:44:04,640
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

2018
02:44:04,640 --> 02:44:07,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

2019
02:44:07,080 --> 02:44:07,880
PAGCOR Chairman and CEO Alejandro H. Tengco: sa

2020
02:44:07,880 --> 02:44:10,200
PAGCOR Chairman and CEO Alejandro H. Tengco: katanungan ninyo, ay

2021
02:44:10,200 --> 02:44:12,640
PAGCOR Chairman and CEO Alejandro H. Tengco: aktibo pong nagmumonitor

2022
02:44:12,640 --> 02:44:14,040
PAGCOR Chairman and CEO Alejandro H. Tengco: ang PAGCOR

2023
02:44:14,040 --> 02:44:15,359
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga hindi

2024
02:44:15,359 --> 02:44:17,560
PAGCOR Chairman and CEO Alejandro H. Tengco: sumusunod sa KYC.

2025
02:44:17,560 --> 02:44:19,760
PAGCOR Chairman and CEO Alejandro H. Tengco: At kung tatanungin

2026
02:44:19,760 --> 02:44:22,279
PAGCOR Chairman and CEO Alejandro H. Tengco: ninyo po, hindi lang po fines.

2027
02:44:22,279 --> 02:44:24,279
PAGCOR Chairman and CEO Alejandro H. Tengco: Kami po ay

2028
02:44:24,279 --> 02:44:25,439
PAGCOR Chairman and CEO Alejandro H. Tengco: nag-impose na ng

2029
02:44:25,439 --> 02:44:27,920
PAGCOR Chairman and CEO Alejandro H. Tengco: suspension ng

2030
02:44:27,920 --> 02:44:29,479
PAGCOR Chairman and CEO Alejandro H. Tengco: mga legal

2031
02:44:29,479 --> 02:44:31,960
PAGCOR Chairman and CEO Alejandro H. Tengco: operators na hindi sumusunod

2032
02:44:31,960 --> 02:44:34,160
PAGCOR Chairman and CEO Alejandro H. Tengco: sa struktura ng PAGCOR.

2033
02:44:34,160 --> 02:44:36,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero gusto ko pong bigyan ng diin,

2034
02:44:36,960 --> 02:44:37,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

2035
02:44:37,560 --> 02:44:39,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Cong. Padiernos, na

2036
02:44:39,600 --> 02:44:41,439
PAGCOR Chairman and CEO Alejandro H. Tengco: ang problemang ito po ng

2037
02:44:41,439 --> 02:44:43,880
PAGCOR Chairman and CEO Alejandro H. Tengco: paggamit ng mule accounts,

2038
02:44:43,880 --> 02:44:45,399
PAGCOR Chairman and CEO Alejandro H. Tengco: gayon din naman po

2039
02:44:45,399 --> 02:44:47,640
PAGCOR Chairman and CEO Alejandro H. Tengco: ng third-party payment

2040
02:44:47,640 --> 02:44:49,680
PAGCOR Chairman and CEO Alejandro H. Tengco: providers, ay hindi po

2041
02:44:49,680 --> 02:44:51,680
PAGCOR Chairman and CEO Alejandro H. Tengco: nararanasan ng

2042
02:44:51,680 --> 02:44:51,960
PAGCOR Chairman and CEO Alejandro H. Tengco: mga

2043
02:44:51,960 --> 02:44:53,520
PAGCOR Chairman and CEO Alejandro H. Tengco: legal operators.

2044
02:44:53,520 --> 02:44:56,200
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito po karaniwan ang siyang ginagamit

2045
02:44:56,200 --> 02:44:57,960
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga illegal na operators.

2046
02:44:57,960 --> 02:45:02,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi nga ho, wala silang sinusunod na batas.

2047
02:45:02,319 --> 02:45:05,640
PAGCOR Chairman and CEO Alejandro H. Tengco: Meaning, yung illegal na operator,

2048
02:45:05,640 --> 02:45:08,120
PAGCOR Chairman and CEO Alejandro H. Tengco: eh doon sila sa mga illegal din

2049
02:45:08,120 --> 02:45:09,720
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga payment providers

2050
02:45:09,720 --> 02:45:10,920
PAGCOR Chairman and CEO Alejandro H. Tengco: para nang sa ganun,

2051
02:45:10,920 --> 02:45:13,520
PAGCOR Chairman and CEO Alejandro H. Tengco: mas madali nilang ma-process

2052
02:45:13,520 --> 02:45:17,760
PAGCOR Chairman and CEO Alejandro H. Tengco: yung paghikayat sa kanilang mga customers.

2053
02:45:17,760 --> 02:45:20,120
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil pinalalabas nila,

2054
02:45:20,120 --> 02:45:22,279
PAGCOR Chairman and CEO Alejandro H. Tengco: mas madaling magbayad

2055
02:45:22,279 --> 02:45:25,520
PAGCOR Chairman and CEO Alejandro H. Tengco: o ma-proseso ang kanilang mga pangangailangan

2056
02:45:25,520 --> 02:45:29,120
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pamamagitan nitong mga payments na ito.

2057
02:45:29,120 --> 02:45:34,160
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang hindi nalalaman nung ating mga kababayan,

2058
02:45:34,160 --> 02:45:36,359
PAGCOR Chairman and CEO Alejandro H. Tengco: eh pag nag-patronize ka lang ganun,

2059
02:45:36,359 --> 02:45:37,439
PAGCOR Chairman and CEO Alejandro H. Tengco: natitiyak namin,

2060
02:45:37,439 --> 02:45:41,560
PAGCOR Chairman and CEO Alejandro H. Tengco: illegal na po ang ating mga pinaglalaroan.

2061
02:45:41,560 --> 02:45:45,160
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya patuloy po kaming nakikipag-ugnayan

2062
02:45:45,160 --> 02:45:50,840
PAGCOR Chairman and CEO Alejandro H. Tengco: sa NTC, DICT, CICC,

2063
02:45:50,840 --> 02:45:53,520
PAGCOR Chairman and CEO Alejandro H. Tengco: at panay po ang report namin sa kanila

2064
02:45:53,520 --> 02:45:57,399
PAGCOR Chairman and CEO Alejandro H. Tengco: nitong mga hindi sumusunod

2065
02:45:57,399 --> 02:46:01,920
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga illegal online gaming operators na ito.

2066
02:46:01,920 --> 02:46:02,720
Rep. Jan "Atty. JP" Padiernos: Thank you, Madam Chair.

2067
02:46:02,720 --> 02:46:05,640
Rep. Jan "Atty. JP" Padiernos: I just would like to make a quick manifestation.

2068
02:46:05,640 --> 02:46:07,600
Rep. Jan "Atty. JP" Padiernos: So, Madam Chair,

2069
02:46:07,600 --> 02:46:09,880
Rep. Jan "Atty. JP" Padiernos: I would like to commend and recognize

2070
02:46:09,880 --> 02:46:12,960
Rep. Jan "Atty. JP" Padiernos: the contributions and efforts

2071
02:46:12,960 --> 02:46:15,040
Rep. Jan "Atty. JP" Padiernos: by our PAGCOR

2072
02:46:15,040 --> 02:46:18,760
Rep. Jan "Atty. JP" Padiernos: in generating more than 106 billion in revenues

2073
02:46:18,760 --> 02:46:19,080
Rep. Jan "Atty. JP" Padiernos: and

2074
02:46:19,080 --> 02:46:22,439
Rep. Jan "Atty. JP" Padiernos: 66.95 billion to nation building

2075
02:46:22,439 --> 02:46:27,479
Rep. Jan "Atty. JP" Padiernos: kasama po yung 22.56 billion for universal healthcare.

2076
02:46:27,479 --> 02:46:30,399
Rep. Jan "Atty. JP" Padiernos: So, hindi lang lamang ito po isang numero

2077
02:46:30,399 --> 02:46:31,399
Rep. Jan "Atty. JP" Padiernos: or mga numero.

2078
02:46:31,399 --> 02:46:34,760
Rep. Jan "Atty. JP" Padiernos: These funds truly help support healthcare,

2079
02:46:34,760 --> 02:46:36,359
Rep. Jan "Atty. JP" Padiernos: public services, and programs

2080
02:46:36,359 --> 02:46:39,439
Rep. Jan "Atty. JP" Padiernos: that reach Filipino families across the country,

2081
02:46:39,439 --> 02:46:41,520
Rep. Jan "Atty. JP" Padiernos: especially those who rely most

2082
02:46:41,520 --> 02:46:43,479
Rep. Jan "Atty. JP" Padiernos: on the government assistance.

2083
02:46:43,479 --> 02:46:45,720
Rep. Jan "Atty. JP" Padiernos: Nakita naman po natin sa kanilang report,

2084
02:46:45,720 --> 02:46:49,880
Rep. Jan "Atty. JP" Padiernos: yung kanilang programa tulad ng nationwide school building,

2085
02:46:49,880 --> 02:46:52,720
Rep. Jan "Atty. JP" Padiernos: patient transport vehicle donations,

2086
02:46:52,720 --> 02:46:54,640
Rep. Jan "Atty. JP" Padiernos: relief operations,

2087
02:46:54,640 --> 02:46:55,840
Rep. Jan "Atty. JP" Padiernos: and yung kanilang

2088
02:46:55,840 --> 02:46:58,319
Rep. Jan "Atty. JP" Padiernos: Clark Multi-Specialty Medical Center

2089
02:46:58,319 --> 02:47:00,720
Rep. Jan "Atty. JP" Padiernos: na sana po

2090
02:47:00,720 --> 02:47:01,520
Rep. Jan "Atty. JP" Padiernos: madagdagan pa po

2091
02:47:01,520 --> 02:47:03,800
Rep. Jan "Atty. JP" Padiernos: ang inyong matulungan sa ating mga

2092
02:47:03,800 --> 02:47:07,080
Rep. Jan "Atty. JP" Padiernos: kababayan at

2093
02:47:07,080 --> 02:47:08,000
Rep. Jan "Atty. JP" Padiernos: rest assured po

2094
02:47:08,000 --> 02:47:11,479
Rep. Jan "Atty. JP" Padiernos: sa ating PAGCOR

2095
02:47:11,479 --> 02:47:12,120
Rep. Jan "Atty. JP" Padiernos: agency

2096
02:47:12,120 --> 02:47:13,800
Rep. Jan "Atty. JP" Padiernos: that this representation

2097
02:47:13,800 --> 02:47:15,680
Rep. Jan "Atty. JP" Padiernos: has the full support for

2098
02:47:15,680 --> 02:47:17,000
Rep. Jan "Atty. JP" Padiernos: all of its programs

2099
02:47:17,000 --> 02:47:19,279
Rep. Jan "Atty. JP" Padiernos: and any needs

2100
02:47:19,279 --> 02:47:22,319
Rep. Jan "Atty. JP" Padiernos: for the said agency.

2101
02:47:22,319 --> 02:47:23,600
Rep. Jan "Atty. JP" Padiernos: Yun lamang po, Madam Chair.

2102
02:47:23,600 --> 02:47:26,600
Rep. Jan "Atty. JP" Padiernos: Maraming salamat po.

2103
02:47:26,600 --> 02:47:28,640
Rep. Mikaela Angela B. Suansing: Thank you, Representative Padiernos.

2104
02:47:28,640 --> 02:47:31,399
Rep. Mikaela Angela B. Suansing: We'll now move to our next interpellator

2105
02:47:31,399 --> 02:47:32,840
Rep. Mikaela Angela B. Suansing: from the minority,

2106
02:47:32,840 --> 02:47:36,479
Rep. Mikaela Angela B. Suansing: Representative Presley De Jesus.

2107
02:47:36,720 --> 02:47:38,713
Rep. Presley C. De Jesus: Thank you, Madam Chair,

2108
02:47:38,713 --> 02:47:41,158
Rep. Presley C. De Jesus: and to PAGCOR family.

2109
02:47:41,158 --> 02:47:42,653
Rep. Presley C. De Jesus: Yeah, Chairman,

2110
02:47:42,653 --> 02:47:44,803
Rep. Presley C. De Jesus: I think you mentioned a while ago,

2111
02:47:44,803 --> 02:47:46,524
Rep. Presley C. De Jesus: I think I heard it four times,

2112
02:47:46,524 --> 02:47:49,400
Rep. Presley C. De Jesus: what does integrated resorts mean?

2113
02:47:49,400 --> 02:47:51,483
Rep. Presley C. De Jesus: Apat niyo bes na narinig ko sa inyo,

2114
02:47:51,483 --> 02:47:52,615
Rep. Presley C. De Jesus: so I'm just curious.

2115
02:47:52,615 --> 02:47:55,400
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang, your honor,

2116
02:47:55,400 --> 02:47:56,804
PAGCOR Chairman and CEO Alejandro H. Tengco: ang ibig sabihin po

2117
02:47:56,804 --> 02:47:58,389
PAGCOR Chairman and CEO Alejandro H. Tengco: ng integrated resorts

2118
02:47:58,389 --> 02:48:00,925
PAGCOR Chairman and CEO Alejandro H. Tengco: ay yung pong mga may

2119
02:48:00,925 --> 02:48:02,623
PAGCOR Chairman and CEO Alejandro H. Tengco: lisensya ng PAGCOR

2120
02:48:02,623 --> 02:48:05,159
PAGCOR Chairman and CEO Alejandro H. Tengco: na nag-invest ng at least

2121
02:48:05,159 --> 02:48:07,739
PAGCOR Chairman and CEO Alejandro H. Tengco: 1 billion US dollars

2122
02:48:07,739 --> 02:48:10,093
PAGCOR Chairman and CEO Alejandro H. Tengco: and nakapag-employo po

2123
02:48:10,093 --> 02:48:12,721
PAGCOR Chairman and CEO Alejandro H. Tengco: ng libu-libong mga tao.

2124
02:48:12,721 --> 02:48:14,599
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang tinutukoy ko po rito,

2125
02:48:14,599 --> 02:48:16,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman Presley,

2126
02:48:16,840 --> 02:48:18,402
PAGCOR Chairman and CEO Alejandro H. Tengco: ay ang mga

2127
02:48:18,402 --> 02:48:19,534
PAGCOR Chairman and CEO Alejandro H. Tengco: casino resorts,

2128
02:48:19,534 --> 02:48:21,730
PAGCOR Chairman and CEO Alejandro H. Tengco: integrated resorts

2129
02:48:21,730 --> 02:48:23,384
PAGCOR Chairman and CEO Alejandro H. Tengco: na nandito sa

2130
02:48:23,384 --> 02:48:26,258
PAGCOR Chairman and CEO Alejandro H. Tengco: Entertainment City

2131
02:48:26,258 --> 02:48:27,255
PAGCOR Chairman and CEO Alejandro H. Tengco: sa Paranaque.

2132
02:48:27,255 --> 02:48:29,383
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi ko na po babanggitin isa-isa.

2133
02:48:29,383 --> 02:48:30,492
PAGCOR Chairman and CEO Alejandro H. Tengco: Nandyan din po

2134
02:48:30,492 --> 02:48:33,346
PAGCOR Chairman and CEO Alejandro H. Tengco: ang isang malaking integrated resort

2135
02:48:33,346 --> 02:48:35,360
PAGCOR Chairman and CEO Alejandro H. Tengco: sa siyudad ng Cebu

2136
02:48:35,360 --> 02:48:37,873
PAGCOR Chairman and CEO Alejandro H. Tengco: at nandyan din po

2137
02:48:37,873 --> 02:48:39,798
PAGCOR Chairman and CEO Alejandro H. Tengco: ang isang maraming

2138
02:48:39,798 --> 02:48:42,537
PAGCOR Chairman and CEO Alejandro H. Tengco: integrated resorts sa loob po

2139
02:48:42,537 --> 02:48:44,688
PAGCOR Chairman and CEO Alejandro H. Tengco: ng Clark Economic Zone.

2140
02:48:44,688 --> 02:48:46,408
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang classification po nila

2141
02:48:46,408 --> 02:48:48,490
PAGCOR Chairman and CEO Alejandro H. Tengco: ay tinatawag na

2142
02:48:48,490 --> 02:48:49,963
PAGCOR Chairman and CEO Alejandro H. Tengco: integrated resort

2143
02:48:49,963 --> 02:48:50,869
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pagkakataon,

2144
02:48:50,869 --> 02:48:54,535
PAGCOR Chairman and CEO Alejandro H. Tengco: pagkat meron po silang

2145
02:48:54,535 --> 02:48:55,962
PAGCOR Chairman and CEO Alejandro H. Tengco: required na investment.

2146
02:48:55,962 --> 02:48:57,773
PAGCOR Chairman and CEO Alejandro H. Tengco: At ang investment pong ito

2147
02:48:57,773 --> 02:48:59,652
PAGCOR Chairman and CEO Alejandro H. Tengco: ay hindi dapat bumaba

2148
02:48:59,652 --> 02:49:03,615
PAGCOR Chairman and CEO Alejandro H. Tengco: sa 1 billion US dollars.

2149
02:49:03,615 --> 02:49:06,128
PAGCOR Chairman and CEO Alejandro H. Tengco: At aside from that,

2150
02:49:06,128 --> 02:49:07,870
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, Congressman

2151
02:49:07,870 --> 02:49:10,814
PAGCOR Chairman and CEO Alejandro H. Tengco: De Jesus, sila po

2152
02:49:10,814 --> 02:49:12,762
PAGCOR Chairman and CEO Alejandro H. Tengco: ay dapat mag-employ

2153
02:49:12,762 --> 02:49:14,980
PAGCOR Chairman and CEO Alejandro H. Tengco: ng libu-libong

2154
02:49:14,980 --> 02:49:17,448
PAGCOR Chairman and CEO Alejandro H. Tengco: mga manggagawang

2155
02:49:17,448 --> 02:49:18,354
PAGCOR Chairman and CEO Alejandro H. Tengco: Pilipino.

2156
02:49:18,354 --> 02:49:19,758
PAGCOR Chairman and CEO Alejandro H. Tengco: So in short,

2157
02:49:19,758 --> 02:49:21,070
PAGCOR Chairman and CEO Alejandro H. Tengco: lahat po nang nag-imploy

2158
02:49:21,070 --> 02:49:22,904
PAGCOR Chairman and CEO Alejandro H. Tengco: ngayon ang bagong

2159
02:49:22,904 --> 02:49:24,535
PAGCOR Chairman and CEO Alejandro H. Tengco: prangkisa ng

2160
02:49:24,535 --> 02:49:25,734
PAGCOR Chairman and CEO Alejandro H. Tengco: kasino,

2161
02:49:25,734 --> 02:49:26,911
PAGCOR Chairman and CEO Alejandro H. Tengco: they will be called

2162
02:49:26,911 --> 02:49:28,179
PAGCOR Chairman and CEO Alejandro H. Tengco: integrated because

2163
02:49:28,179 --> 02:49:29,039
PAGCOR Chairman and CEO Alejandro H. Tengco: no one will

2164
02:49:29,039 --> 02:49:30,262
PAGCOR Chairman and CEO Alejandro H. Tengco: invest

2165
02:49:30,262 --> 02:49:31,710
PAGCOR Chairman and CEO Alejandro H. Tengco: na bababa

2166
02:49:31,710 --> 02:49:32,503
PAGCOR Chairman and CEO Alejandro H. Tengco: ng 1 billion.

2167
02:49:32,503 --> 02:49:33,205
PAGCOR Chairman and CEO Alejandro H. Tengco: Tama ba yun?

2168
02:49:33,205 --> 02:49:33,974
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman,

2169
02:49:33,974 --> 02:49:34,563
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

2170
02:49:34,563 --> 02:49:35,143
PAGCOR Chairman and CEO Alejandro H. Tengco: ang

2171
02:49:35,143 --> 02:49:38,288
PAGCOR Chairman and CEO Alejandro H. Tengco: pwede po mag-apply

2172
02:49:38,288 --> 02:49:39,266
PAGCOR Chairman and CEO Alejandro H. Tengco: iba't-ibang

2173
02:49:39,266 --> 02:49:40,696
PAGCOR Chairman and CEO Alejandro H. Tengco: kategorya po kasi.

2174
02:49:40,696 --> 02:49:41,769
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron po tayong

2175
02:49:41,769 --> 02:49:43,199
PAGCOR Chairman and CEO Alejandro H. Tengco: highest category,

2176
02:49:43,199 --> 02:49:44,152
PAGCOR Chairman and CEO Alejandro H. Tengco: yung tinatawag na

2177
02:49:44,152 --> 02:49:44,492
PAGCOR Chairman and CEO Alejandro H. Tengco: platinum,

2178
02:49:44,492 --> 02:49:45,691
PAGCOR Chairman and CEO Alejandro H. Tengco: yun po ang

2179
02:49:45,691 --> 02:49:46,722
PAGCOR Chairman and CEO Alejandro H. Tengco: tinutukoy ko

2180
02:49:46,722 --> 02:49:47,942
PAGCOR Chairman and CEO Alejandro H. Tengco: kanina na

2181
02:49:47,942 --> 02:49:49,120
PAGCOR Chairman and CEO Alejandro H. Tengco: nabanggit nyo

2182
02:49:49,120 --> 02:49:50,739
PAGCOR Chairman and CEO Alejandro H. Tengco: mahigit apat na beses.

2183
02:49:50,739 --> 02:49:51,433
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung nabanggit.

2184
02:49:51,433 --> 02:49:52,085
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung integrated

2185
02:49:52,085 --> 02:49:52,695
PAGCOR Chairman and CEO Alejandro H. Tengco: resorts.

2186
02:49:52,695 --> 02:49:54,230
PAGCOR Chairman and CEO Alejandro H. Tengco: 1 billion dollars

2187
02:49:54,230 --> 02:49:54,990
PAGCOR Chairman and CEO Alejandro H. Tengco: po yun

2188
02:49:54,990 --> 02:49:56,314
PAGCOR Chairman and CEO Alejandro H. Tengco: and above.

2189
02:49:56,314 --> 02:49:57,035
PAGCOR Chairman and CEO Alejandro H. Tengco: And then,

2190
02:49:57,035 --> 02:49:58,293
PAGCOR Chairman and CEO Alejandro H. Tengco: may susunod po doon

2191
02:49:58,293 --> 02:49:59,212
PAGCOR Chairman and CEO Alejandro H. Tengco: na kategorya,

2192
02:49:59,212 --> 02:50:00,582
PAGCOR Chairman and CEO Alejandro H. Tengco: 400 to 500

2193
02:50:00,582 --> 02:50:02,220
PAGCOR Chairman and CEO Alejandro H. Tengco: million US dollars.

2194
02:50:02,220 --> 02:50:03,231
PAGCOR Chairman and CEO Alejandro H. Tengco: Pababa po yun

2195
02:50:03,231 --> 02:50:04,577
PAGCOR Chairman and CEO Alejandro H. Tengco: hanggang sa lowest

2196
02:50:04,577 --> 02:50:05,409
PAGCOR Chairman and CEO Alejandro H. Tengco: category

2197
02:50:05,409 --> 02:50:07,317
PAGCOR Chairman and CEO Alejandro H. Tengco: na 100 million

2198
02:50:07,317 --> 02:50:08,551
PAGCOR Chairman and CEO Alejandro H. Tengco: US dollars.

2199
02:50:08,551 --> 02:50:09,385
PAGCOR Chairman and CEO Alejandro H. Tengco: So, yeah,

2200
02:50:09,385 --> 02:50:10,104
PAGCOR Chairman and CEO Alejandro H. Tengco: I think that's

2201
02:50:10,104 --> 02:50:10,956
PAGCOR Chairman and CEO Alejandro H. Tengco: very important,

2202
02:50:10,956 --> 02:50:11,921
PAGCOR Chairman and CEO Alejandro H. Tengco: Madam Chair, no?

2203
02:50:11,921 --> 02:50:12,933
PAGCOR Chairman and CEO Alejandro H. Tengco: So, you will

2204
02:50:12,933 --> 02:50:13,875
PAGCOR Chairman and CEO Alejandro H. Tengco: understand what's

2205
02:50:13,875 --> 02:50:15,043
PAGCOR Chairman and CEO Alejandro H. Tengco: integrated resorts

2206
02:50:15,043 --> 02:50:15,671
PAGCOR Chairman and CEO Alejandro H. Tengco: is all about,

2207
02:50:15,671 --> 02:50:17,131
PAGCOR Chairman and CEO Alejandro H. Tengco: which they have to

2208
02:50:17,131 --> 02:50:18,747
PAGCOR Chairman and CEO Alejandro H. Tengco: infuse not less

2209
02:50:18,747 --> 02:50:19,690
PAGCOR Chairman and CEO Alejandro H. Tengco: than a billion

2210
02:50:19,690 --> 02:50:20,746
PAGCOR Chairman and CEO Alejandro H. Tengco: US dollars.

2211
02:50:20,746 --> 02:50:22,608
PAGCOR Chairman and CEO Alejandro H. Tengco: So, we're talking

2212
02:50:22,608 --> 02:50:23,305
PAGCOR Chairman and CEO Alejandro H. Tengco: about around

2213
02:50:23,305 --> 02:50:24,853
PAGCOR Chairman and CEO Alejandro H. Tengco: 60 billion US pesos.

2214
02:50:24,853 --> 02:50:25,751
PAGCOR Chairman and CEO Alejandro H. Tengco: Now, the remaining

2215
02:50:25,751 --> 02:50:27,840
PAGCOR Chairman and CEO Alejandro H. Tengco: casinos

2216
02:50:27,840 --> 02:50:29,995
PAGCOR Chairman and CEO Alejandro H. Tengco: o yung natitirang

2217
02:50:29,995 --> 02:50:31,589
PAGCOR Chairman and CEO Alejandro H. Tengco: casino Pilipino

2218
02:50:31,589 --> 02:50:32,285
PAGCOR Chairman and CEO Alejandro H. Tengco: natin,

2219
02:50:32,285 --> 02:50:33,722
Rep. Presley C. De Jesus: yung mga bibili

2220
02:50:33,722 --> 02:50:33,982
Rep. Presley C. De Jesus: niyan,

2221
02:50:33,982 --> 02:50:36,162
Rep. Presley C. De Jesus: they will not be

2222
02:50:36,162 --> 02:50:36,502
Rep. Presley C. De Jesus: considered

2223
02:50:36,502 --> 02:50:37,962
Rep. Presley C. De Jesus: integrated resorts

2224
02:50:37,962 --> 02:50:38,202
Rep. Presley C. De Jesus: kasi

2225
02:50:38,202 --> 02:50:40,302
Rep. Presley C. De Jesus: in totality,

2226
02:50:40,302 --> 02:50:41,576
Rep. Presley C. De Jesus: 30 billion lang yun eh.

2227
02:50:41,576 --> 02:50:43,207
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po

2228
02:50:43,207 --> 02:50:44,391
PAGCOR Chairman and CEO Alejandro H. Tengco: magiging

2229
02:50:44,391 --> 02:50:46,067
PAGCOR Chairman and CEO Alejandro H. Tengco: integrated resorts

2230
02:50:46,067 --> 02:50:46,805
PAGCOR Chairman and CEO Alejandro H. Tengco: ng classification.

2231
02:50:46,805 --> 02:50:48,325
PAGCOR Chairman and CEO Alejandro H. Tengco: Yun po ay

2232
02:50:48,325 --> 02:50:49,396
PAGCOR Chairman and CEO Alejandro H. Tengco: magiging

2233
02:50:49,396 --> 02:50:50,157
PAGCOR Chairman and CEO Alejandro H. Tengco: classification

2234
02:50:50,157 --> 02:50:50,697
PAGCOR Chairman and CEO Alejandro H. Tengco: ng

2235
02:50:50,697 --> 02:50:51,907
PAGCOR Chairman and CEO Alejandro H. Tengco: halos community

2236
02:50:51,907 --> 02:50:52,575
PAGCOR Chairman and CEO Alejandro H. Tengco: casino.

2237
02:50:52,575 --> 02:50:53,245
PAGCOR Chairman and CEO Alejandro H. Tengco: Kumbaga,

2238
02:50:53,245 --> 02:50:54,461
PAGCOR Chairman and CEO Alejandro H. Tengco: nag-umpisa sa platinum,

2239
02:50:54,461 --> 02:50:55,128
PAGCOR Chairman and CEO Alejandro H. Tengco: may gold,

2240
02:50:55,128 --> 02:50:55,867
PAGCOR Chairman and CEO Alejandro H. Tengco: may silver,

2241
02:50:55,867 --> 02:50:56,797
PAGCOR Chairman and CEO Alejandro H. Tengco: baka po nandoon

2242
02:50:56,797 --> 02:50:57,703
PAGCOR Chairman and CEO Alejandro H. Tengco: sa bronze yun.

2243
02:50:57,703 --> 02:50:58,847
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron din pong

2244
02:50:58,847 --> 02:51:04,139
PAGCOR Chairman and CEO Alejandro H. Tengco: minimum amount

2245
02:51:04,139 --> 02:51:04,839
PAGCOR Chairman and CEO Alejandro H. Tengco: na dapat

2246
02:51:04,839 --> 02:51:05,731
PAGCOR Chairman and CEO Alejandro H. Tengco: gastusin.

2247
02:51:05,731 --> 02:51:06,928
PAGCOR Chairman and CEO Alejandro H. Tengco: At aside from that,

2248
02:51:06,928 --> 02:51:07,842
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

2249
02:51:07,842 --> 02:51:08,734
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman Jesus,

2250
02:51:08,734 --> 02:51:10,692
PAGCOR Chairman and CEO Alejandro H. Tengco: ang pagkakaiba din po

2251
02:51:10,692 --> 02:51:12,367
PAGCOR Chairman and CEO Alejandro H. Tengco: yung fee structure.

2252
02:51:12,367 --> 02:51:13,259
PAGCOR Chairman and CEO Alejandro H. Tengco: Pagka malaki po

2253
02:51:13,259 --> 02:51:14,216
PAGCOR Chairman and CEO Alejandro H. Tengco: yung investment nyo,

2254
02:51:14,216 --> 02:51:15,283
PAGCOR Chairman and CEO Alejandro H. Tengco: mas mababa yung

2255
02:51:15,283 --> 02:51:16,631
PAGCOR Chairman and CEO Alejandro H. Tengco: regulatory fee

2256
02:51:16,631 --> 02:51:17,719
PAGCOR Chairman and CEO Alejandro H. Tengco: na binabayaran mo.

2257
02:51:17,719 --> 02:51:18,350
PAGCOR Chairman and CEO Alejandro H. Tengco: Pagka mas mababa

2258
02:51:18,350 --> 02:51:18,916
PAGCOR Chairman and CEO Alejandro H. Tengco: mas maliit,

2259
02:51:18,916 --> 02:51:19,829
PAGCOR Chairman and CEO Alejandro H. Tengco: palaki ng palaki

2260
02:51:19,829 --> 02:51:21,004
PAGCOR Chairman and CEO Alejandro H. Tengco: yung regulatory fee.

2261
02:51:21,004 --> 02:51:22,071
PAGCOR Chairman and CEO Alejandro H. Tengco: So, dun po sa

2262
02:51:22,071 --> 02:51:23,616
PAGCOR Chairman and CEO Alejandro H. Tengco: apat na pong

2263
02:51:23,616 --> 02:51:26,269
PAGCOR Chairman and CEO Alejandro H. Tengco: halos 30 plus

2264
02:51:26,269 --> 02:51:27,684
PAGCOR Chairman and CEO Alejandro H. Tengco: high 30s

2265
02:51:27,684 --> 02:51:28,641
PAGCOR Chairman and CEO Alejandro H. Tengco: na casino

2266
02:51:28,641 --> 02:51:29,729
PAGCOR Chairman and CEO Alejandro H. Tengco: Filipino branches

2267
02:51:29,729 --> 02:51:30,189
PAGCOR Chairman and CEO Alejandro H. Tengco: na

2268
02:51:30,189 --> 02:51:32,374
PAGCOR Chairman and CEO Alejandro H. Tengco: mapaprioritize,

2269
02:51:32,374 --> 02:51:33,302
PAGCOR Chairman and CEO Alejandro H. Tengco: mas malaki po

2270
02:51:33,302 --> 02:51:34,230
PAGCOR Chairman and CEO Alejandro H. Tengco: ang bayad nila

2271
02:51:34,230 --> 02:51:35,706
PAGCOR Chairman and CEO Alejandro H. Tengco: ng license fees

2272
02:51:35,706 --> 02:51:36,962
PAGCOR Chairman and CEO Alejandro H. Tengco: compared

2273
02:51:36,962 --> 02:51:38,355
PAGCOR Chairman and CEO Alejandro H. Tengco: dun sa mga

2274
02:51:38,355 --> 02:51:39,365
PAGCOR Chairman and CEO Alejandro H. Tengco: nag-invest.

2275
02:51:39,365 --> 02:51:40,758
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil binibigyan po

2276
02:51:40,758 --> 02:51:41,258
PAGCOR Chairman and CEO Alejandro H. Tengco: natin ang

2277
02:51:41,258 --> 02:51:42,538
PAGCOR Chairman and CEO Alejandro H. Tengco: pagpapahalaga,

2278
02:51:42,538 --> 02:51:42,858
PAGCOR Chairman and CEO Alejandro H. Tengco: una,

2279
02:51:42,858 --> 02:51:43,871
PAGCOR Chairman and CEO Alejandro H. Tengco: yung investment,

2280
02:51:43,871 --> 02:51:45,160
PAGCOR Chairman and CEO Alejandro H. Tengco: mas malaki investment,

2281
02:51:45,160 --> 02:51:46,421
PAGCOR Chairman and CEO Alejandro H. Tengco: mas malaking tulong

2282
02:51:46,421 --> 02:51:47,434
PAGCOR Chairman and CEO Alejandro H. Tengco: sa turismo

2283
02:51:47,434 --> 02:51:49,380
PAGCOR Chairman and CEO Alejandro H. Tengco: at sa

2284
02:51:49,380 --> 02:51:50,806
PAGCOR Chairman and CEO Alejandro H. Tengco: ating mga kababay.

2285
02:51:50,806 --> 02:51:52,176
PAGCOR Chairman and CEO Alejandro H. Tengco: And number two,

2286
02:51:52,176 --> 02:51:53,029
PAGCOR Chairman and CEO Alejandro H. Tengco: marami,

2287
02:51:53,029 --> 02:51:54,042
PAGCOR Chairman and CEO Alejandro H. Tengco: libo-libo po

2288
02:51:54,042 --> 02:51:56,536
PAGCOR Chairman and CEO Alejandro H. Tengco: na-employ nila.

2289
02:51:56,536 --> 02:51:57,277
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

2290
02:51:57,277 --> 02:51:58,784
PAGCOR Chairman and CEO Alejandro H. Tengco: may parang incentive

2291
02:51:58,784 --> 02:51:59,717
PAGCOR Chairman and CEO Alejandro H. Tengco: po sa kanila,

2292
02:51:59,717 --> 02:52:01,361
PAGCOR Chairman and CEO Alejandro H. Tengco: mas mababa naman po

2293
02:52:01,361 --> 02:52:03,087
PAGCOR Chairman and CEO Alejandro H. Tengco: yung binabayad nilang

2294
02:52:03,087 --> 02:52:04,458
PAGCOR Chairman and CEO Alejandro H. Tengco: license fees.

2295
02:52:04,458 --> 02:52:05,227
Rep. Presley C. De Jesus: Thank you,

2296
02:52:05,227 --> 02:52:05,997
Rep. Presley C. De Jesus: Madam Chair.

2297
02:52:05,997 --> 02:52:07,341
Rep. Presley C. De Jesus: My next question,

2298
02:52:07,341 --> 02:52:08,272
Rep. Presley C. De Jesus: you said,

2299
02:52:08,272 --> 02:52:09,095
Rep. Presley C. De Jesus: you mentioned

2300
02:52:09,095 --> 02:52:10,465
Rep. Presley C. De Jesus: a while ago also

2301
02:52:10,465 --> 02:52:10,745
Rep. Presley C. De Jesus: that

2302
02:52:10,745 --> 02:52:12,425
Rep. Presley C. De Jesus: the online gaming

2303
02:52:12,425 --> 02:52:13,160
Rep. Presley C. De Jesus: platform

2304
02:52:13,160 --> 02:52:14,525
Rep. Presley C. De Jesus: tinatalo na

2305
02:52:14,525 --> 02:52:15,407
Rep. Presley C. De Jesus: ang land-based

2306
02:52:15,407 --> 02:52:16,205
Rep. Presley C. De Jesus: casino, no?

2307
02:52:16,205 --> 02:52:16,925
Rep. Presley C. De Jesus: Kasi,

2308
02:52:16,925 --> 02:52:17,897
Rep. Presley C. De Jesus: iba na ngayon,

2309
02:52:17,897 --> 02:52:18,640
Rep. Presley C. De Jesus: gusto ng mga tao

2310
02:52:18,640 --> 02:52:19,361
Rep. Presley C. De Jesus: tabad na ay

2311
02:52:19,361 --> 02:52:20,486
Rep. Presley C. De Jesus: ng pupunta.

2312
02:52:20,486 --> 02:52:22,078
Rep. Presley C. De Jesus: With that regard,

2313
02:52:22,078 --> 02:52:22,631
Rep. Presley C. De Jesus: hindi ko ba

2314
02:52:22,631 --> 02:52:23,713
Rep. Presley C. De Jesus: makakapekto

2315
02:52:23,713 --> 02:52:24,689
Rep. Presley C. De Jesus: sa

2316
02:52:24,689 --> 02:52:27,109
Rep. Presley C. De Jesus: privatization

2317
02:52:27,109 --> 02:52:27,529
Rep. Presley C. De Jesus: po

2318
02:52:27,529 --> 02:52:28,415
Rep. Presley C. De Jesus: ng mga natitirang

2319
02:52:28,415 --> 02:52:29,343
Rep. Presley C. De Jesus: casino Pilipinas

2320
02:52:29,343 --> 02:52:30,089
Rep. Presley C. De Jesus: natin dahil

2321
02:52:30,089 --> 02:52:32,124
Rep. Presley C. De Jesus: para sa kanila

2322
02:52:32,124 --> 02:52:34,221
Rep. Presley C. De Jesus: nagde-devaluate

2323
02:52:34,221 --> 02:52:34,885
Rep. Presley C. De Jesus: niya yung

2324
02:52:34,885 --> 02:52:36,115
Rep. Presley C. De Jesus: halaga

2325
02:52:36,115 --> 02:52:37,223
Rep. Presley C. De Jesus: ng inyong

2326
02:52:37,223 --> 02:52:38,210
Rep. Presley C. De Jesus: binabentang casino?

2327
02:52:38,210 --> 02:52:38,490
Rep. Presley C. De Jesus: Kasi,

2328
02:52:38,490 --> 02:52:39,169
Rep. Presley C. De Jesus: kung ako,

2329
02:52:39,169 --> 02:52:41,102
Rep. Presley C. De Jesus: if I have a billion dollars,

2330
02:52:41,102 --> 02:52:41,901
Rep. Presley C. De Jesus: mag-apply na lang

2331
02:52:41,901 --> 02:52:42,577
Rep. Presley C. De Jesus: bago,

2332
02:52:42,577 --> 02:52:43,906
Rep. Presley C. De Jesus: bago na yung building ko,

2333
02:52:43,906 --> 02:52:44,850
Rep. Presley C. De Jesus: bago na lahat.

2334
02:52:44,850 --> 02:52:45,270
Rep. Presley C. De Jesus: So,

2335
02:52:45,270 --> 02:52:46,793
Rep. Presley C. De Jesus: habang tumatagal yan,

2336
02:52:46,793 --> 02:52:48,510
Rep. Presley C. De Jesus: nagde-decline yung value

2337
02:52:48,510 --> 02:52:48,990
Rep. Presley C. De Jesus: from,

2338
02:52:48,990 --> 02:52:50,434
Rep. Presley C. De Jesus: you said a while ago,

2339
02:52:50,434 --> 02:52:51,471
Rep. Presley C. De Jesus: 30 billions

2340
02:52:51,471 --> 02:52:52,346
Rep. Presley C. De Jesus: almost

2341
02:52:52,346 --> 02:52:53,790
Rep. Presley C. De Jesus: all of the casinos.

2342
02:52:53,790 --> 02:52:54,210
Rep. Presley C. De Jesus: Baka,

2343
02:52:54,210 --> 02:52:56,388
Rep. Presley C. De Jesus: by that time na ma-approve na yan,

2344
02:52:56,388 --> 02:52:58,057
Rep. Presley C. De Jesus: baka kalahati na lang

2345
02:52:58,057 --> 02:52:59,073
Rep. Presley C. De Jesus: yan ang presyo niya.

2346
02:52:59,073 --> 02:53:00,261
Rep. Presley C. De Jesus: What will happen

2347
02:53:00,261 --> 02:53:02,892
Rep. Presley C. De Jesus: kapag nangyari yan?

2348
02:53:02,892 --> 02:53:04,277
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po sa inyong katanungan, Congressman De Jesus.

2349
02:53:04,277 --> 02:53:06,057
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman De Jesus,

2350
02:53:06,057 --> 02:53:07,050
PAGCOR Chairman and CEO Alejandro H. Tengco: actually,

2351
02:53:07,050 --> 02:53:08,408
PAGCOR Chairman and CEO Alejandro H. Tengco: may merkado po

2352
02:53:08,408 --> 02:53:09,680
PAGCOR Chairman and CEO Alejandro H. Tengco: yung community casinos.

2353
02:53:09,680 --> 02:53:11,151
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang totoo,

2354
02:53:11,151 --> 02:53:12,337
PAGCOR Chairman and CEO Alejandro H. Tengco: malakas din siya.

2355
02:53:12,337 --> 02:53:13,077
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi,

2356
02:53:13,077 --> 02:53:13,869
PAGCOR Chairman and CEO Alejandro H. Tengco: iba po yung

2357
02:53:13,869 --> 02:53:15,791
PAGCOR Chairman and CEO Alejandro H. Tengco: nagpe-patronize nun

2358
02:53:15,791 --> 02:53:17,403
PAGCOR Chairman and CEO Alejandro H. Tengco: kesa dun sa mga

2359
02:53:17,403 --> 02:53:19,015
PAGCOR Chairman and CEO Alejandro H. Tengco: integrated resorts.

2360
02:53:19,015 --> 02:53:20,712
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung pong mga

2361
02:53:20,712 --> 02:53:22,635
PAGCOR Chairman and CEO Alejandro H. Tengco: ayaw nang lumayo

2362
02:53:22,635 --> 02:53:24,501
PAGCOR Chairman and CEO Alejandro H. Tengco: sa kanilang mga area.

2363
02:53:24,501 --> 02:53:25,887
PAGCOR Chairman and CEO Alejandro H. Tengco: imbis na magbiyahe

2364
02:53:25,887 --> 02:53:27,808
PAGCOR Chairman and CEO Alejandro H. Tengco: papapunta sa Paranaque,

2365
02:53:27,808 --> 02:53:28,574
PAGCOR Chairman and CEO Alejandro H. Tengco: dun na lang

2366
02:53:28,574 --> 02:53:29,790
PAGCOR Chairman and CEO Alejandro H. Tengco: sa kanilang area

2367
02:53:29,790 --> 02:53:32,108
PAGCOR Chairman and CEO Alejandro H. Tengco: maglaro.

2368
02:53:32,108 --> 02:53:34,908
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang natitiya ko lang po,

2369
02:53:34,908 --> 02:53:35,428
PAGCOR Chairman and CEO Alejandro H. Tengco: yung

2370
02:53:35,428 --> 02:53:37,265
PAGCOR Chairman and CEO Alejandro H. Tengco: efficiency

2371
02:53:37,265 --> 02:53:38,463
PAGCOR Chairman and CEO Alejandro H. Tengco: ng casino

2372
02:53:38,463 --> 02:53:40,193
PAGCOR Chairman and CEO Alejandro H. Tengco: na maliit,

2373
02:53:40,193 --> 02:53:41,364
PAGCOR Chairman and CEO Alejandro H. Tengco: lalaki po eh.

2374
02:53:41,364 --> 02:53:42,510
PAGCOR Chairman and CEO Alejandro H. Tengco: Compared to

2375
02:53:42,510 --> 02:53:43,841
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pagpapatakpo

2376
02:53:43,841 --> 02:53:45,358
PAGCOR Chairman and CEO Alejandro H. Tengco: ng gobyerno

2377
02:53:45,358 --> 02:53:46,317
PAGCOR Chairman and CEO Alejandro H. Tengco: o ng PAGCOR

2378
02:53:46,317 --> 02:53:47,755
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pangkasalukuyan.

2379
02:53:47,755 --> 02:53:49,166
PAGCOR Chairman and CEO Alejandro H. Tengco: Sabi ko nga ho eh,

2380
02:53:49,166 --> 02:53:49,942
PAGCOR Chairman and CEO Alejandro H. Tengco: ah,

2381
02:53:49,942 --> 02:53:51,939
PAGCOR Chairman and CEO Alejandro H. Tengco: yung casino filipino,

2382
02:53:51,939 --> 02:53:52,767
PAGCOR Chairman and CEO Alejandro H. Tengco: niwala,

2383
02:53:52,767 --> 02:53:54,150
PAGCOR Chairman and CEO Alejandro H. Tengco: bibili na lang kami

2384
02:53:54,150 --> 02:53:56,147
PAGCOR Chairman and CEO Alejandro H. Tengco: your honor

2385
02:53:56,147 --> 02:53:57,160
PAGCOR Chairman and CEO Alejandro H. Tengco: ng tubig

2386
02:53:57,160 --> 02:53:58,225
PAGCOR Chairman and CEO Alejandro H. Tengco: at kape,

2387
02:53:58,225 --> 02:53:59,822
PAGCOR Chairman and CEO Alejandro H. Tengco: magpapabiding pa kami.

2388
02:53:59,822 --> 02:54:00,102
PAGCOR Chairman and CEO Alejandro H. Tengco: Eh,

2389
02:54:00,102 --> 02:54:01,341
PAGCOR Chairman and CEO Alejandro H. Tengco: kung nasa privado

2390
02:54:01,341 --> 02:54:02,814
PAGCOR Chairman and CEO Alejandro H. Tengco: sektor na po yan,

2391
02:54:02,814 --> 02:54:04,079
PAGCOR Chairman and CEO Alejandro H. Tengco: pati yung pagbibigay

2392
02:54:04,079 --> 02:54:05,293
PAGCOR Chairman and CEO Alejandro H. Tengco: ng pagkain,

2393
02:54:05,293 --> 02:54:06,096
PAGCOR Chairman and CEO Alejandro H. Tengco: halimbawa,

2394
02:54:06,096 --> 02:54:07,361
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi na dadaan

2395
02:54:07,361 --> 02:54:09,195
PAGCOR Chairman and CEO Alejandro H. Tengco: sa mga ganyang proseso.

2396
02:54:09,195 --> 02:54:09,895
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

2397
02:54:09,895 --> 02:54:11,496
PAGCOR Chairman and CEO Alejandro H. Tengco: naniniwala po ako,

2398
02:54:11,496 --> 02:54:12,582
PAGCOR Chairman and CEO Alejandro H. Tengco: through,

2399
02:54:12,582 --> 02:54:13,669
PAGCOR Chairman and CEO Alejandro H. Tengco: ah,

2400
02:54:13,669 --> 02:54:14,599
PAGCOR Chairman and CEO Alejandro H. Tengco: pababa po

2401
02:54:14,599 --> 02:54:15,426
PAGCOR Chairman and CEO Alejandro H. Tengco: ang value,

2402
02:54:15,426 --> 02:54:16,126
PAGCOR Chairman and CEO Alejandro H. Tengco: pero,

2403
02:54:16,126 --> 02:54:17,236
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi din po

2404
02:54:17,236 --> 02:54:18,192
PAGCOR Chairman and CEO Alejandro H. Tengco: basta-basta

2405
02:54:18,192 --> 02:54:19,845
PAGCOR Chairman and CEO Alejandro H. Tengco: isasantabi yan.

2406
02:54:19,845 --> 02:54:20,673
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil,

2407
02:54:20,673 --> 02:54:22,120
PAGCOR Chairman and CEO Alejandro H. Tengco: ang

2408
02:54:22,120 --> 02:54:24,108
PAGCOR Chairman and CEO Alejandro H. Tengco: pag-aaral po namin,

2409
02:54:24,108 --> 02:54:25,244
PAGCOR Chairman and CEO Alejandro H. Tengco: instead na mag,

2410
02:54:25,244 --> 02:54:26,872
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pangkasalukuyan kasi,

2411
02:54:26,872 --> 02:54:28,318
PAGCOR Chairman and CEO Alejandro H. Tengco: kaya nalulugi po,

2412
02:54:28,318 --> 02:54:29,584
PAGCOR Chairman and CEO Alejandro H. Tengco: isang major

2413
02:54:29,584 --> 02:54:30,849
PAGCOR Chairman and CEO Alejandro H. Tengco: na kadahilanan.

2414
02:54:30,849 --> 02:54:32,863
PAGCOR Chairman and CEO Alejandro H. Tengco: 70% po kasi

2415
02:54:32,863 --> 02:54:33,534
PAGCOR Chairman and CEO Alejandro H. Tengco: ng kita,

2416
02:54:33,534 --> 02:54:34,697
PAGCOR Chairman and CEO Alejandro H. Tengco: itinatapo na

2417
02:54:34,697 --> 02:54:36,248
PAGCOR Chairman and CEO Alejandro H. Tengco: papunta sa gobyerno.

2418
02:54:36,248 --> 02:54:37,178
PAGCOR Chairman and CEO Alejandro H. Tengco: Samantalang,

2419
02:54:37,178 --> 02:54:38,417
PAGCOR Chairman and CEO Alejandro H. Tengco: kung privado ka na,

2420
02:54:38,417 --> 02:54:39,811
PAGCOR Chairman and CEO Alejandro H. Tengco: ang babayaran mo na,

2421
02:54:39,811 --> 02:54:40,745
PAGCOR Chairman and CEO Alejandro H. Tengco: na lang,

2422
02:54:40,745 --> 02:54:41,468
PAGCOR Chairman and CEO Alejandro H. Tengco: ay yung

2423
02:54:41,468 --> 02:54:42,708
PAGCOR Chairman and CEO Alejandro H. Tengco: franchise tax

2424
02:54:42,708 --> 02:54:43,896
PAGCOR Chairman and CEO Alejandro H. Tengco: na 5%

2425
02:54:43,896 --> 02:54:44,774
PAGCOR Chairman and CEO Alejandro H. Tengco: at

2426
02:54:44,774 --> 02:54:46,298
PAGCOR Chairman and CEO Alejandro H. Tengco: yung,

2427
02:54:46,298 --> 02:54:48,132
PAGCOR Chairman and CEO Alejandro H. Tengco: yung license fees,

2428
02:54:48,132 --> 02:54:49,090
PAGCOR Chairman and CEO Alejandro H. Tengco: ano man yun.

2429
02:54:49,090 --> 02:54:50,511
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi bababa po yun

2430
02:54:50,511 --> 02:54:51,673
PAGCOR Chairman and CEO Alejandro H. Tengco: sa 25%

2431
02:54:51,673 --> 02:54:52,991
PAGCOR Chairman and CEO Alejandro H. Tengco: to 30%.

2432
02:54:52,991 --> 02:54:53,742
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

2433
02:54:53,742 --> 02:54:54,646
PAGCOR Chairman and CEO Alejandro H. Tengco: dun lang po,

2434
02:54:54,646 --> 02:54:56,092
PAGCOR Chairman and CEO Alejandro H. Tengco: malaking menos na yun.

2435
02:54:56,092 --> 02:54:56,764
PAGCOR Chairman and CEO Alejandro H. Tengco: Pangalawa,

2436
02:54:56,764 --> 02:54:57,590
PAGCOR Chairman and CEO Alejandro H. Tengco: your honor,

2437
02:54:57,590 --> 02:54:58,701
PAGCOR Chairman and CEO Alejandro H. Tengco: natitiya kong

2438
02:54:58,701 --> 02:54:59,451
PAGCOR Chairman and CEO Alejandro H. Tengco: isa pa,

2439
02:54:59,451 --> 02:55:01,440
PAGCOR Chairman and CEO Alejandro H. Tengco: yung number of employees,

2440
02:55:01,440 --> 02:55:02,733
PAGCOR Chairman and CEO Alejandro H. Tengco: sobra-sobra po

2441
02:55:02,733 --> 02:55:04,876
PAGCOR Chairman and CEO Alejandro H. Tengco: ang dami ng empleyado namin eh.

2442
02:55:04,876 --> 02:55:05,176
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

2443
02:55:05,176 --> 02:55:06,066
PAGCOR Chairman and CEO Alejandro H. Tengco: pag nagbawas na yung

2444
02:55:06,066 --> 02:55:06,807
PAGCOR Chairman and CEO Alejandro H. Tengco: nagpapatakbong

2445
02:55:06,807 --> 02:55:07,695
PAGCOR Chairman and CEO Alejandro H. Tengco: privado sektor

2446
02:55:07,695 --> 02:55:09,054
PAGCOR Chairman and CEO Alejandro H. Tengco: at it will be run

2447
02:55:09,054 --> 02:55:09,853
PAGCOR Chairman and CEO Alejandro H. Tengco: professionally,

2448
02:55:09,853 --> 02:55:10,108
PAGCOR Chairman and CEO Alejandro H. Tengco: eh,

2449
02:55:10,108 --> 02:55:10,723
PAGCOR Chairman and CEO Alejandro H. Tengco: natitiya ko,

2450
02:55:10,723 --> 02:55:11,376
PAGCOR Chairman and CEO Alejandro H. Tengco: pababa din

2451
02:55:11,376 --> 02:55:12,119
PAGCOR Chairman and CEO Alejandro H. Tengco: ang cost niya

2452
02:55:12,119 --> 02:55:13,116
PAGCOR Chairman and CEO Alejandro H. Tengco: dun sa

2453
02:55:13,116 --> 02:55:14,875
PAGCOR Chairman and CEO Alejandro H. Tengco: pagpapasweldo

2454
02:55:14,875 --> 02:55:15,402
PAGCOR Chairman and CEO Alejandro H. Tengco: ng tao.

2455
02:55:17,596 --> 02:55:18,836
PAGCOR Chairman and CEO Alejandro H. Tengco: Binanggit ko po

2456
02:55:18,836 --> 02:55:19,616
PAGCOR Chairman and CEO Alejandro H. Tengco: kanina rito,

2457
02:55:19,616 --> 02:55:21,036
PAGCOR Chairman and CEO Alejandro H. Tengco: saan kayo nakakita?

2458
02:55:21,436 --> 02:55:22,336
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang payroll po

2459
02:55:22,336 --> 02:55:23,070
PAGCOR Chairman and CEO Alejandro H. Tengco: ng PAGCOR

2460
02:55:23,070 --> 02:55:24,384
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pangkasalukoyan,

2461
02:55:24,384 --> 02:55:25,068
PAGCOR Chairman and CEO Alejandro H. Tengco: mahigit

2462
02:55:25,068 --> 02:55:27,115
PAGCOR Chairman and CEO Alejandro H. Tengco: isang bilyong piso po

2463
02:55:27,115 --> 02:55:27,976
PAGCOR Chairman and CEO Alejandro H. Tengco: buwan-buwan.

2464
02:55:27,976 --> 02:55:28,886
PAGCOR Chairman and CEO Alejandro H. Tengco: dun lang po,

2465
02:55:28,886 --> 02:55:29,623
PAGCOR Chairman and CEO Alejandro H. Tengco: eh,

2466
02:55:29,623 --> 02:55:31,471
PAGCOR Chairman and CEO Alejandro H. Tengco: ang bigat na nandala namin.

2467
02:55:31,471 --> 02:55:32,179
PAGCOR Chairman and CEO Alejandro H. Tengco: Tapos,

2468
02:55:32,179 --> 02:55:33,013
PAGCOR Chairman and CEO Alejandro H. Tengco: dun po sa

2469
02:55:33,013 --> 02:55:34,556
PAGCOR Chairman and CEO Alejandro H. Tengco: upa

2470
02:55:34,556 --> 02:55:35,972
PAGCOR Chairman and CEO Alejandro H. Tengco: ng casino

2471
02:55:35,972 --> 02:55:37,641
PAGCOR Chairman and CEO Alejandro H. Tengco: Filipino properties,

2472
02:55:37,641 --> 02:55:40,044
PAGCOR Chairman and CEO Alejandro H. Tengco: 250 milyong pesos po

2473
02:55:40,044 --> 02:55:41,231
PAGCOR Chairman and CEO Alejandro H. Tengco: halos isang buwan.

2474
02:55:41,231 --> 02:55:41,965
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya,

2475
02:55:41,965 --> 02:55:43,605
PAGCOR Chairman and CEO Alejandro H. Tengco: dun lang sa dalawang item na yun,

2476
02:55:43,605 --> 02:55:45,107
PAGCOR Chairman and CEO Alejandro H. Tengco: halos isang bilyon

2477
02:55:45,107 --> 02:55:46,155
PAGCOR Chairman and CEO Alejandro H. Tengco: at kalahating

2478
02:55:46,155 --> 02:55:50,118
PAGCOR Chairman and CEO Alejandro H. Tengco: 1.5 billion pesos po

2479
02:55:50,118 --> 02:55:51,325
PAGCOR Chairman and CEO Alejandro H. Tengco: ang gastos na namin.

2480
02:55:51,325 --> 02:55:51,937
Rep. Presley C. De Jesus: Thank you,

2481
02:55:51,937 --> 02:55:52,577
Rep. Presley C. De Jesus: Mr. Chair.

2482
02:55:52,577 --> 02:55:54,591
Rep. Presley C. De Jesus: No,

2483
02:55:54,591 --> 02:55:55,147
Rep. Presley C. De Jesus: follow up question.

2484
02:55:55,147 --> 02:55:55,576
Rep. Presley C. De Jesus: Because,

2485
02:55:55,576 --> 02:55:56,066
Rep. Presley C. De Jesus: right now,

2486
02:55:56,066 --> 02:55:56,841
Rep. Presley C. De Jesus: under the PD,

2487
02:55:56,841 --> 02:55:57,271
Rep. Presley C. De Jesus: something,

2488
02:55:57,271 --> 02:55:57,840
Rep. Presley C. De Jesus: you are both

2489
02:55:57,840 --> 02:55:58,870
Rep. Presley C. De Jesus: regulator and operator

2490
02:55:58,870 --> 02:55:59,455
Rep. Presley C. De Jesus: because you have

2491
02:55:59,455 --> 02:56:00,531
Rep. Presley C. De Jesus: casino Filipinas pa kasi,

2492
02:56:00,531 --> 02:56:00,631
Rep. Presley C. De Jesus: no?

2493
02:56:00,771 --> 02:56:01,271
Rep. Presley C. De Jesus: So,

2494
02:56:01,271 --> 02:56:02,043
Rep. Presley C. De Jesus: you're trying to

2495
02:56:02,043 --> 02:56:02,974
Rep. Presley C. De Jesus: decoupling it,

2496
02:56:02,974 --> 02:56:03,679
Rep. Presley C. De Jesus: right?

2497
02:56:03,679 --> 02:56:04,384
Rep. Presley C. De Jesus: So,

2498
02:56:04,384 --> 02:56:05,951
Rep. Presley C. De Jesus: once na-privatize na ito,

2499
02:56:05,951 --> 02:56:06,611
PAGCOR Chairman and CEO Alejandro H. Tengco: automatic,

2500
02:56:06,611 --> 02:56:07,406
PAGCOR Chairman and CEO Alejandro H. Tengco: wala na yung ano,

2501
02:56:07,406 --> 02:56:09,359
PAGCOR Chairman and CEO Alejandro H. Tengco: or needs to be

2502
02:56:09,359 --> 02:56:09,800
PAGCOR Chairman and CEO Alejandro H. Tengco: ah,

2503
02:56:09,800 --> 02:56:10,600
PAGCOR Chairman and CEO Alejandro H. Tengco: le-calibrate o

2504
02:56:10,600 --> 02:56:11,142
PAGCOR Chairman and CEO Alejandro H. Tengco: kailangan ng batas

2505
02:56:11,142 --> 02:56:11,925
PAGCOR Chairman and CEO Alejandro H. Tengco: para maging ano lang kayo,

2506
02:56:11,925 --> 02:56:12,673
PAGCOR Chairman and CEO Alejandro H. Tengco: ah,

2507
02:56:12,673 --> 02:56:13,417
PAGCOR Chairman and CEO Alejandro H. Tengco: regulator?

2508
02:56:13,417 --> 02:56:14,165
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah,

2509
02:56:14,165 --> 02:56:15,064
PAGCOR Chairman and CEO Alejandro H. Tengco: meron po kasing

2510
02:56:15,064 --> 02:56:16,464
PAGCOR Chairman and CEO Alejandro H. Tengco: existing ng batas.

2511
02:56:16,464 --> 02:56:17,442
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung batas po

2512
02:56:17,442 --> 02:56:18,342
PAGCOR Chairman and CEO Alejandro H. Tengco: na spinong,

2513
02:56:18,342 --> 02:56:19,899
PAGCOR Chairman and CEO Alejandro H. Tengco: Senator Frank Drilon

2514
02:56:19,899 --> 02:56:22,002
PAGCOR Chairman and CEO Alejandro H. Tengco: at ito po ay

2515
02:56:22,002 --> 02:56:23,006
PAGCOR Chairman and CEO Alejandro H. Tengco: ang

2516
02:56:23,006 --> 02:56:25,621
PAGCOR Chairman and CEO Alejandro H. Tengco: nakasaad doon,

2517
02:56:25,621 --> 02:56:26,258
PAGCOR Chairman and CEO Alejandro H. Tengco: yung pong

2518
02:56:26,258 --> 02:56:27,529
PAGCOR Chairman and CEO Alejandro H. Tengco: GCG law,

2519
02:56:27,529 --> 02:56:28,800
PAGCOR Chairman and CEO Alejandro H. Tengco: nakasaad po roon

2520
02:56:28,800 --> 02:56:30,048
PAGCOR Chairman and CEO Alejandro H. Tengco: sa isa roon

2521
02:56:30,048 --> 02:56:30,780
PAGCOR Chairman and CEO Alejandro H. Tengco: sa mga

2522
02:56:30,780 --> 02:56:33,054
PAGCOR Chairman and CEO Alejandro H. Tengco: provisions ng batas.

2523
02:56:33,054 --> 02:56:34,326
PAGCOR Chairman and CEO Alejandro H. Tengco: Pag nagkaroon po

2524
02:56:34,326 --> 02:56:35,548
PAGCOR Chairman and CEO Alejandro H. Tengco: ng conflict

2525
02:56:35,548 --> 02:56:37,114
PAGCOR Chairman and CEO Alejandro H. Tengco: ang regulatory

2526
02:56:37,114 --> 02:56:38,434
PAGCOR Chairman and CEO Alejandro H. Tengco: at ang commercial

2527
02:56:38,434 --> 02:56:39,234
PAGCOR Chairman and CEO Alejandro H. Tengco: operations

2528
02:56:39,234 --> 02:56:40,170
PAGCOR Chairman and CEO Alejandro H. Tengco: ng isang

2529
02:56:40,170 --> 02:56:41,544
PAGCOR Chairman and CEO Alejandro H. Tengco: GOCC,

2530
02:56:41,544 --> 02:56:42,450
PAGCOR Chairman and CEO Alejandro H. Tengco: pwede pong

2531
02:56:42,450 --> 02:56:44,074
PAGCOR Chairman and CEO Alejandro H. Tengco: paghiwalayin ito.

2532
02:56:44,074 --> 02:56:44,834
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya,

2533
02:56:44,834 --> 02:56:45,395
PAGCOR Chairman and CEO Alejandro H. Tengco: doon po

2534
02:56:45,395 --> 02:56:46,110
PAGCOR Chairman and CEO Alejandro H. Tengco: naka-anchor

2535
02:56:46,110 --> 02:56:47,093
PAGCOR Chairman and CEO Alejandro H. Tengco: ang magiging

2536
02:56:47,093 --> 02:56:47,855
PAGCOR Chairman and CEO Alejandro H. Tengco: rekomendasyon

2537
02:56:47,855 --> 02:56:48,680
PAGCOR Chairman and CEO Alejandro H. Tengco: ng government

2538
02:56:48,680 --> 02:56:50,040
PAGCOR Chairman and CEO Alejandro H. Tengco: ng government.

2539
02:56:50,040 --> 02:56:50,340
PAGCOR Chairman and CEO Alejandro H. Tengco: Commission

2540
02:56:50,340 --> 02:56:51,125
PAGCOR Chairman and CEO Alejandro H. Tengco: for

2541
02:56:51,125 --> 02:56:52,443
PAGCOR Chairman and CEO Alejandro H. Tengco: GOCC

2542
02:56:52,443 --> 02:56:53,846
PAGCOR Chairman and CEO Alejandro H. Tengco: sa tanggapan

2543
02:56:53,846 --> 02:56:54,590
PAGCOR Chairman and CEO Alejandro H. Tengco: ng Pangulo

2544
02:56:54,590 --> 02:56:55,760
PAGCOR Chairman and CEO Alejandro H. Tengco: ng Pilipinas.

2545
02:56:55,760 --> 02:56:56,401
PAGCOR Chairman and CEO Alejandro H. Tengco: Thank you.

2546
02:56:56,401 --> 02:56:57,655
Rep. Presley C. De Jesus: You also mentioned

2547
02:56:57,655 --> 02:56:58,420
Rep. Presley C. De Jesus: ago that

2548
02:56:58,420 --> 02:56:59,674
Rep. Presley C. De Jesus: almost 100 million

2549
02:56:59,674 --> 02:57:00,929
Rep. Presley C. De Jesus: were being

2550
02:57:00,929 --> 02:57:01,673
Rep. Presley C. De Jesus: penalized

2551
02:57:01,673 --> 02:57:02,758
Rep. Presley C. De Jesus: because of the

2552
02:57:02,758 --> 02:57:03,523
Rep. Presley C. De Jesus: ads nila.

2553
02:57:03,523 --> 02:57:03,983
Rep. Presley C. De Jesus: No?

2554
02:57:03,983 --> 02:57:05,555
Rep. Presley C. De Jesus: Isn't it?

2555
02:57:05,555 --> 02:57:06,683
Rep. Presley C. De Jesus: Para sa'yo,

2556
02:57:06,683 --> 02:57:07,083
Rep. Presley C. De Jesus: you think

2557
02:57:07,083 --> 02:57:08,283
Rep. Presley C. De Jesus: it's too low?

2558
02:57:08,283 --> 02:57:08,883
Rep. Presley C. De Jesus: Kaya,

2559
02:57:08,883 --> 02:57:09,596
Rep. Presley C. De Jesus: kasi ako ha,

2560
02:57:09,596 --> 02:57:11,169
Rep. Presley C. De Jesus: kung ako magpe-penalize

2561
02:57:11,169 --> 02:57:11,883
Rep. Presley C. De Jesus: sa 1 million,

2562
02:57:11,883 --> 02:57:12,123
Rep. Presley C. De Jesus: pero

2563
02:57:12,123 --> 02:57:13,737
Rep. Presley C. De Jesus: my advertisement

2564
02:57:13,737 --> 02:57:14,545
Rep. Presley C. De Jesus: siguro

2565
02:57:14,545 --> 02:57:15,614
Rep. Presley C. De Jesus: will be there

2566
02:57:15,614 --> 02:57:16,596
Rep. Presley C. De Jesus: for 6 months.

2567
02:57:16,596 --> 02:57:17,163
Rep. Presley C. De Jesus: Tatagal.

2568
02:57:17,163 --> 02:57:17,643
Rep. Presley C. De Jesus: Eh,

2569
02:57:17,643 --> 02:57:18,263
Rep. Presley C. De Jesus: yung

2570
02:57:18,263 --> 02:57:19,955
Rep. Presley C. De Jesus: economy

2571
02:57:19,955 --> 02:57:20,932
Rep. Presley C. De Jesus: Noon,

2572
02:57:20,932 --> 02:57:21,623
Rep. Presley C. De Jesus: marami ako

2573
02:57:21,623 --> 02:57:22,576
Rep. Presley C. De Jesus: mahikayat.

2574
02:57:22,576 --> 02:57:23,363
Rep. Presley C. De Jesus: Is that the

2575
02:57:23,363 --> 02:57:23,743
Rep. Presley C. De Jesus: maximum

2576
02:57:23,743 --> 02:57:25,268
Rep. Presley C. De Jesus: penalty

2577
02:57:25,268 --> 02:57:26,327
Rep. Presley C. De Jesus: that you're

2578
02:57:26,327 --> 02:57:27,521
Rep. Presley C. De Jesus: given to a

2579
02:57:27,521 --> 02:57:28,095
Rep. Presley C. De Jesus: violator?

2580
02:57:28,095 --> 02:57:29,200
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

2581
02:57:29,200 --> 02:57:30,323
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po sa katanungan, Congressman De Jesus.

2582
02:57:30,323 --> 02:57:30,883
PAGCOR Chairman and CEO Alejandro H. Tengco: Jesus,

2583
02:57:30,883 --> 02:57:33,168
PAGCOR Chairman and CEO Alejandro H. Tengco: it is not

2584
02:57:33,168 --> 02:57:34,040
PAGCOR Chairman and CEO Alejandro H. Tengco: the maximum.

2585
02:57:34,040 --> 02:57:34,937
PAGCOR Chairman and CEO Alejandro H. Tengco: It is the

2586
02:57:34,937 --> 02:57:36,025
PAGCOR Chairman and CEO Alejandro H. Tengco: first offense

2587
02:57:36,025 --> 02:57:36,788
PAGCOR Chairman and CEO Alejandro H. Tengco: penalty.

2588
02:57:36,788 --> 02:57:37,768
PAGCOR Chairman and CEO Alejandro H. Tengco: If they are

2589
02:57:37,768 --> 02:57:38,068
PAGCOR Chairman and CEO Alejandro H. Tengco: caught

2590
02:57:38,068 --> 02:57:39,083
PAGCOR Chairman and CEO Alejandro H. Tengco: second time,

2591
02:57:39,083 --> 02:57:40,375
PAGCOR Chairman and CEO Alejandro H. Tengco: they are

2592
02:57:40,375 --> 02:57:41,059
PAGCOR Chairman and CEO Alejandro H. Tengco: suspended.

2593
02:57:41,059 --> 02:57:41,539
PAGCOR Chairman and CEO Alejandro H. Tengco: Their license

2594
02:57:41,539 --> 02:57:42,240
PAGCOR Chairman and CEO Alejandro H. Tengco: is suspended.

2595
02:57:42,240 --> 02:57:42,886
PAGCOR Chairman and CEO Alejandro H. Tengco: And if they're

2596
02:57:42,886 --> 02:57:43,440
PAGCOR Chairman and CEO Alejandro H. Tengco: caught on a

2597
02:57:43,440 --> 02:57:44,067
PAGCOR Chairman and CEO Alejandro H. Tengco: third time,

2598
02:57:44,067 --> 02:57:45,378
PAGCOR Chairman and CEO Alejandro H. Tengco: their license

2599
02:57:45,378 --> 02:57:45,969
PAGCOR Chairman and CEO Alejandro H. Tengco: will be

2600
02:57:45,969 --> 02:57:47,849
PAGCOR Chairman and CEO Alejandro H. Tengco: canceled.

2601
02:57:47,849 --> 02:57:49,109
PAGCOR Chairman and CEO Alejandro H. Tengco: With regard

2602
02:57:49,109 --> 02:57:49,549
PAGCOR Chairman and CEO Alejandro H. Tengco: to your

2603
02:57:49,549 --> 02:57:49,893
PAGCOR Chairman and CEO Alejandro H. Tengco: concern,

2604
02:57:50,829 --> 02:57:51,869
PAGCOR Chairman and CEO Alejandro H. Tengco: the economy

2605
02:57:51,869 --> 02:57:52,589
PAGCOR Chairman and CEO Alejandro H. Tengco: is of scale,

2606
02:57:52,729 --> 02:57:54,169
PAGCOR Chairman and CEO Alejandro H. Tengco: we have seen

2607
02:57:54,169 --> 02:57:54,389
PAGCOR Chairman and CEO Alejandro H. Tengco: that.

2608
02:57:54,389 --> 02:57:54,769
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya,

2609
02:57:54,769 --> 02:57:56,359
PAGCOR Chairman and CEO Alejandro H. Tengco: yung nagpupulis

2610
02:57:56,359 --> 02:57:57,160
PAGCOR Chairman and CEO Alejandro H. Tengco: po

2611
02:57:57,160 --> 02:57:58,048
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga billboard

2612
02:57:58,160 --> 02:57:58,520
PAGCOR Chairman and CEO Alejandro H. Tengco: na ito

2613
02:57:58,520 --> 02:57:58,786
PAGCOR Chairman and CEO Alejandro H. Tengco: ay aktibo,

2614
02:57:58,786 --> 02:57:59,394
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi po

2615
02:57:59,394 --> 02:58:00,093
PAGCOR Chairman and CEO Alejandro H. Tengco: tatagal

2616
02:58:00,093 --> 02:58:01,189
PAGCOR Chairman and CEO Alejandro H. Tengco: ng isang linggo

2617
02:58:01,189 --> 02:58:02,122
PAGCOR Chairman and CEO Alejandro H. Tengco: yung ad na yun.

2618
02:58:02,122 --> 02:58:02,937
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung sakaling

2619
02:58:02,937 --> 02:58:04,245
PAGCOR Chairman and CEO Alejandro H. Tengco: in violation

2620
02:58:04,245 --> 02:58:05,807
PAGCOR Chairman and CEO Alejandro H. Tengco: of our

2621
02:58:05,807 --> 02:58:07,509
PAGCOR Chairman and CEO Alejandro H. Tengco: structure

2622
02:58:07,509 --> 02:58:08,419
PAGCOR Chairman and CEO Alejandro H. Tengco: and rules

2623
02:58:08,419 --> 02:58:09,328
PAGCOR Chairman and CEO Alejandro H. Tengco: and guidelines.

2624
02:58:09,328 --> 02:58:10,330
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang totoo po,

2625
02:58:10,330 --> 02:58:11,390
PAGCOR Chairman and CEO Alejandro H. Tengco: yung

2626
02:58:11,390 --> 02:58:12,878
PAGCOR Chairman and CEO Alejandro H. Tengco: binanggit

2627
02:58:12,878 --> 02:58:13,713
PAGCOR Chairman and CEO Alejandro H. Tengco: dito kanina

2628
02:58:13,713 --> 02:58:14,997
PAGCOR Chairman and CEO Alejandro H. Tengco: ni

2629
02:58:14,997 --> 02:58:15,832
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman

2630
02:58:15,832 --> 02:58:17,646
PAGCOR Chairman and CEO Alejandro H. Tengco: Eli

2631
02:58:17,646 --> 02:58:18,706
PAGCOR Chairman and CEO Alejandro H. Tengco: San Fernando

2632
02:58:18,706 --> 02:58:19,439
PAGCOR Chairman and CEO Alejandro H. Tengco: tungkol sa

2633
02:58:19,439 --> 02:58:20,160
PAGCOR Chairman and CEO Alejandro H. Tengco: kay

2634
02:58:20,160 --> 02:58:21,520
PAGCOR Chairman and CEO Alejandro H. Tengco: sa isang

2635
02:58:21,520 --> 02:58:22,160
PAGCOR Chairman and CEO Alejandro H. Tengco: magaling na

2636
02:58:22,160 --> 02:58:23,239
PAGCOR Chairman and CEO Alejandro H. Tengco: endorser

2637
02:58:23,239 --> 02:58:24,640
PAGCOR Chairman and CEO Alejandro H. Tengco: na ginamit

2638
02:58:24,640 --> 02:58:25,316
PAGCOR Chairman and CEO Alejandro H. Tengco: yung online

2639
02:58:25,316 --> 02:58:26,575
PAGCOR Chairman and CEO Alejandro H. Tengco: gaming platform,

2640
02:58:26,575 --> 02:58:27,647
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi po tumagal

2641
02:58:27,647 --> 02:58:28,489
PAGCOR Chairman and CEO Alejandro H. Tengco: ng ilang araw

2642
02:58:28,489 --> 02:58:29,118
PAGCOR Chairman and CEO Alejandro H. Tengco: lang yun.

2643
02:58:29,118 --> 02:58:30,190
PAGCOR Chairman and CEO Alejandro H. Tengco: Nahinto na po

2644
02:58:30,190 --> 02:58:30,690
PAGCOR Chairman and CEO Alejandro H. Tengco: namin

2645
02:58:30,690 --> 02:58:32,039
PAGCOR Chairman and CEO Alejandro H. Tengco: at

2646
02:58:32,039 --> 02:58:34,224
PAGCOR Chairman and CEO Alejandro H. Tengco: finign na po

2647
02:58:34,224 --> 02:58:34,984
PAGCOR Chairman and CEO Alejandro H. Tengco: namin sila

2648
02:58:34,984 --> 02:58:35,990
PAGCOR Chairman and CEO Alejandro H. Tengco: with the

2649
02:58:35,990 --> 02:58:36,650
PAGCOR Chairman and CEO Alejandro H. Tengco: warning

2650
02:58:36,650 --> 02:58:38,247
PAGCOR Chairman and CEO Alejandro H. Tengco: that if this

2651
02:58:38,247 --> 02:58:39,281
PAGCOR Chairman and CEO Alejandro H. Tengco: happens again,

2652
02:58:39,281 --> 02:58:40,150
PAGCOR Chairman and CEO Alejandro H. Tengco: their license

2653
02:58:40,150 --> 02:58:41,371
PAGCOR Chairman and CEO Alejandro H. Tengco: will be suspended.

2654
02:58:41,371 --> 02:58:42,147
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

2655
02:58:42,147 --> 02:58:42,924
PAGCOR Chairman and CEO Alejandro H. Tengco: kumbaga,

2656
02:58:42,924 --> 02:58:44,217
PAGCOR Chairman and CEO Alejandro H. Tengco: due process din po

2657
02:58:44,217 --> 02:58:45,040
PAGCOR Chairman and CEO Alejandro H. Tengco: ang kailangan.

2658
02:58:45,040 --> 02:58:45,640
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya,

2659
02:58:45,640 --> 02:58:46,886
PAGCOR Chairman and CEO Alejandro H. Tengco: at gusto ko rin pong

2660
02:58:46,886 --> 02:58:48,062
PAGCOR Chairman and CEO Alejandro H. Tengco: ipagbigay alam

2661
02:58:48,062 --> 02:58:48,848
PAGCOR Chairman and CEO Alejandro H. Tengco: sa inyo,

2662
02:58:48,848 --> 02:58:49,240
PAGCOR Chairman and CEO Alejandro H. Tengco: kaya,

2663
02:58:49,240 --> 02:58:50,785
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman De Jesus,

2664
02:58:50,785 --> 02:58:51,407
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman

2665
02:58:51,407 --> 02:58:52,539
PAGCOR Chairman and CEO Alejandro H. Tengco: de Jesus,

2666
02:58:52,539 --> 02:58:53,968
PAGCOR Chairman and CEO Alejandro H. Tengco: na dati po yung

2667
02:58:53,968 --> 02:58:55,238
PAGCOR Chairman and CEO Alejandro H. Tengco: fine was only

2668
02:58:55,238 --> 02:58:56,760
PAGCOR Chairman and CEO Alejandro H. Tengco: P50,000 eh.

2669
02:58:56,760 --> 02:58:57,360
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

2670
02:58:57,360 --> 02:58:58,266
PAGCOR Chairman and CEO Alejandro H. Tengco: yung pong

2671
02:58:58,266 --> 02:58:59,423
PAGCOR Chairman and CEO Alejandro H. Tengco: pagpapalit namin

2672
02:58:59,423 --> 02:59:00,660
PAGCOR Chairman and CEO Alejandro H. Tengco: dahil sa pag

2673
02:59:00,660 --> 02:59:03,540
PAGCOR Chairman and CEO Alejandro H. Tengco: kakalibrate din

2674
02:59:03,540 --> 02:59:04,000
PAGCOR Chairman and CEO Alejandro H. Tengco: ng aming

2675
02:59:04,000 --> 02:59:05,067
PAGCOR Chairman and CEO Alejandro H. Tengco: rules and regulations,

2676
02:59:05,067 --> 02:59:06,112
PAGCOR Chairman and CEO Alejandro H. Tengco: ginawa na po namin

2677
02:59:06,112 --> 02:59:07,135
PAGCOR Chairman and CEO Alejandro H. Tengco: 1 million

2678
02:59:07,135 --> 02:59:08,512
PAGCOR Chairman and CEO Alejandro H. Tengco: first offense

2679
02:59:08,512 --> 02:59:09,201
PAGCOR Chairman and CEO Alejandro H. Tengco: pa lamang.

2680
02:59:09,201 --> 02:59:09,741
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

2681
02:59:09,741 --> 02:59:10,527
PAGCOR Chairman and CEO Alejandro H. Tengco: tulad po

2682
02:59:10,527 --> 02:59:11,721
PAGCOR Chairman and CEO Alejandro H. Tengco: ng ano eh,

2683
02:59:11,721 --> 02:59:11,981
PAGCOR Chairman and CEO Alejandro H. Tengco: dapat

2684
02:59:11,981 --> 02:59:13,280
PAGCOR Chairman and CEO Alejandro H. Tengco: bigyan natin

2685
02:59:13,280 --> 02:59:14,139
PAGCOR Chairman and CEO Alejandro H. Tengco: ng

2686
02:59:14,139 --> 02:59:17,840
PAGCOR Chairman and CEO Alejandro H. Tengco: due process

2687
02:59:17,840 --> 02:59:18,413
PAGCOR Chairman and CEO Alejandro H. Tengco: din po

2688
02:59:18,413 --> 02:59:19,779
PAGCOR Chairman and CEO Alejandro H. Tengco: yung ating

2689
02:59:19,779 --> 02:59:22,069
PAGCOR Chairman and CEO Alejandro H. Tengco: mga licenses.

2690
02:59:22,069 --> 02:59:22,710
Rep. Presley C. De Jesus: Thank you,

2691
02:59:22,710 --> 02:59:23,350
Rep. Presley C. De Jesus: Madam Chair.

2692
02:59:23,350 --> 02:59:24,606
Rep. Presley C. De Jesus: My next question,

2693
02:59:24,606 --> 02:59:25,223
Rep. Presley C. De Jesus: Madam Chair,

2694
02:59:25,223 --> 02:59:25,563
Rep. Presley C. De Jesus: is,

2695
02:59:25,563 --> 02:59:26,918
Rep. Presley C. De Jesus: can you enlighten us

2696
02:59:26,918 --> 02:59:28,022
Rep. Presley C. De Jesus: about the gaming

2697
02:59:28,022 --> 02:59:30,142
Rep. Presley C. De Jesus: system administrator?

2698
02:59:30,142 --> 02:59:30,961
Rep. Presley C. De Jesus: Ano ba ito?

2699
02:59:30,961 --> 02:59:31,728
Rep. Presley C. De Jesus: Ito,

2700
02:59:31,728 --> 02:59:33,253
Rep. Presley C. De Jesus: is it about

2701
02:59:33,253 --> 02:59:34,046
Rep. Presley C. De Jesus: illegal

2702
02:59:34,046 --> 02:59:35,177
Rep. Presley C. De Jesus: mga online?

2703
02:59:35,177 --> 02:59:36,449
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

2704
02:59:36,449 --> 02:59:39,503
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman de Jesus,

2705
02:59:39,503 --> 02:59:40,435
PAGCOR Chairman and CEO Alejandro H. Tengco: yun po yung

2706
02:59:40,435 --> 02:59:42,215
PAGCOR Chairman and CEO Alejandro H. Tengco: licensed

2707
02:59:42,215 --> 02:59:43,544
PAGCOR Chairman and CEO Alejandro H. Tengco: online gaming

2708
02:59:43,544 --> 02:59:44,422
PAGCOR Chairman and CEO Alejandro H. Tengco: operator.

2709
02:59:44,422 --> 02:59:45,523
PAGCOR Chairman and CEO Alejandro H. Tengco: When you have

2710
02:59:45,523 --> 02:59:47,165
PAGCOR Chairman and CEO Alejandro H. Tengco: a license

2711
02:59:47,165 --> 02:59:48,323
PAGCOR Chairman and CEO Alejandro H. Tengco: to operate

2712
02:59:48,323 --> 02:59:49,537
PAGCOR Chairman and CEO Alejandro H. Tengco: an online

2713
02:59:49,537 --> 02:59:50,415
PAGCOR Chairman and CEO Alejandro H. Tengco: gaming

2714
02:59:50,415 --> 02:59:52,421
PAGCOR Chairman and CEO Alejandro H. Tengco: company,

2715
02:59:52,421 --> 02:59:53,382
PAGCOR Chairman and CEO Alejandro H. Tengco: you are

2716
02:59:53,382 --> 02:59:54,231
PAGCOR Chairman and CEO Alejandro H. Tengco: considered

2717
02:59:54,231 --> 02:59:55,643
PAGCOR Chairman and CEO Alejandro H. Tengco: as a

2718
02:59:55,643 --> 02:59:59,926
PAGCOR Chairman and CEO Alejandro H. Tengco: either as a GSA or Gaming Service Administrator.

2719
02:59:59,926 --> 03:00:02,132
Rep. Presley C. De Jesus: So, how many of them, Madam Chair?

2720
03:00:02,132 --> 03:00:07,623
PAGCOR Chairman and CEO Alejandro H. Tengco: Today, Your Honor, at its peak, we had 74.

2721
03:00:07,623 --> 03:00:13,899
PAGCOR Chairman and CEO Alejandro H. Tengco: But as of today, we are down to 48, Your Honor.

2722
03:00:13,899 --> 03:00:17,249
PAGCOR Chairman and CEO Alejandro H. Tengco: What happened? May violations nila? Suspended?

2723
03:00:17,249 --> 03:00:21,638
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron na pong suspended, meron na pong natanggalan ng lisensya,

2724
03:00:21,638 --> 03:00:27,025
PAGCOR Chairman and CEO Alejandro H. Tengco: at meron na rin pong nag-surrender ng kanilang lisensya, Your Honor.

2725
03:00:27,025 --> 03:00:30,565
Rep. Presley C. De Jesus: Are they local o may foreign din bang mga?

2726
03:00:30,565 --> 03:00:39,493
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung lahat pong nangyon, mga 98% po are local.

2727
03:00:39,493 --> 03:00:43,457
Rep. Presley C. De Jesus: So, local. So, what's the reason why they surrendered? Because they're losing money?

2728
03:00:43,457 --> 03:00:46,956
PAGCOR Chairman and CEO Alejandro H. Tengco: They surrendered because they're losing money, yes.

2729
03:00:46,956 --> 03:00:50,200
PAGCOR Chairman and CEO Alejandro H. Tengco: For your information, Your Honor,

2730
03:00:50,200 --> 03:00:58,681
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman De Jesus,

2731
03:00:58,681 --> 03:01:04,343
PAGCOR Chairman and CEO Alejandro H. Tengco: kung saan hindi na po pwede gawain nagpaparada ka lang ng lisensya

2732
03:01:04,343 --> 03:01:09,348
PAGCOR Chairman and CEO Alejandro H. Tengco: or wala kang ginagawa sa lisensya mo, effective po nung July 1.

2733
03:01:09,348 --> 03:01:17,321
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron na pong minimum na 9 million pesos na minimum guarantee fee

2734
03:01:17,321 --> 03:01:19,569
PAGCOR Chairman and CEO Alejandro H. Tengco: ang ini-impose ng PAGCOR.

2735
03:01:19,569 --> 03:01:23,619
PAGCOR Chairman and CEO Alejandro H. Tengco: And then, ang BIR naman po may karagdagang 5%.

2736
03:01:23,619 --> 03:01:32,375
PAGCOR Chairman and CEO Alejandro H. Tengco: So, kung ikaw po ay isang GSA, meron ka na pong minimum na dapat bayaran na 10.5 million pesos.

2737
03:01:32,375 --> 03:01:37,931
PAGCOR Chairman and CEO Alejandro H. Tengco: 9 million sa PAGCOR and 1.5 million po sa Bureau of Internal Revenue.

2738
03:01:37,931 --> 03:01:45,311
PAGCOR Chairman and CEO Alejandro H. Tengco: So, yung mga dormant po or yung mga nag-iintay lang na may balak na magbenta or whatever,

2739
03:01:45,311 --> 03:01:49,826
PAGCOR Chairman and CEO Alejandro H. Tengco: eh wala namang activity pa sa pangkasalukuyan, napakabigat po.

2740
03:01:49,826 --> 03:01:53,939
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung sila yung maglalabas ng 10.5 million pesos sa month,

2741
03:01:53,939 --> 03:01:59,324
PAGCOR Chairman and CEO Alejandro H. Tengco: meron na rin pong ilan na nag-surrender na po ng kanilang lisensya.

2742
03:01:59,324 --> 03:02:10,222
PAGCOR Chairman and CEO Alejandro H. Tengco: And this for me is a very good program para po ma-rationalize

2743
03:02:10,222 --> 03:02:15,249
PAGCOR Chairman and CEO Alejandro H. Tengco: tsaka ma-stabilize na natin yung online gaming industry natin.

2744
03:02:15,249 --> 03:02:19,256
Rep. Presley C. De Jesus: You answered my next question about those mga dormant, no?

2745
03:02:19,256 --> 03:02:20,613
Rep. Presley C. De Jesus: Kasi walang pinagkaiba yan.

2746
03:02:20,613 --> 03:02:23,836
Rep. Presley C. De Jesus: Sa Department of Energy, tinatawag namin service contract.

2747
03:02:23,836 --> 03:02:26,784
Rep. Presley C. De Jesus: Bibili lang sila, maghihintay sila ng buyer.

2748
03:02:26,784 --> 03:02:28,373
Rep. Presley C. De Jesus: So, in your case, wala nang ganun.

2749
03:02:28,373 --> 03:02:30,155
Rep. Presley C. De Jesus: You can assure ya, Chairman?

2750
03:02:30,155 --> 03:02:37,004
PAGCOR Chairman and CEO Alejandro H. Tengco: Well, Your Honor, Congressman, I cannot claim that hindi na po mangyayari.

2751
03:02:37,004 --> 03:02:42,347
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero ang malaking deterrent po talaga eh yung namumuhunan sila ng karagdagan.

2752
03:02:42,347 --> 03:02:47,562
PAGCOR Chairman and CEO Alejandro H. Tengco: 10.5 ng 10.5 billion, medyo mabigat din po yun kung talagang wala kayong ginagawa.

2753
03:02:47,562 --> 03:02:48,623
PAGCOR Chairman and CEO Alejandro H. Tengco: At ang totoo po,

2754
03:02:48,623 --> 03:02:52,778
PAGCOR Chairman and CEO Alejandro H. Tengco: naging feedback po namin bigla ngayon, wala na po halos nagbebenta.

2755
03:02:52,778 --> 03:02:55,387
PAGCOR Chairman and CEO Alejandro H. Tengco: Magsusurrender na lang po sila ng lisensya.

2756
03:02:55,387 --> 03:03:05,628
PAGCOR Chairman and CEO Alejandro H. Tengco: So, yan po ay isang programang ipinatupad po ng inyong lingkod nitong ika-isa ng Hulyo nitong taong ito.

2757
03:03:05,628 --> 03:03:06,456
Rep. Presley C. De Jesus: Thank you, Mr. Chair.

2758
03:03:06,456 --> 03:03:08,363
Rep. Presley C. De Jesus: Going to my next question.

2759
03:03:08,363 --> 03:03:12,138
Rep. Presley C. De Jesus: Under your corporate mandate, nakalagay dito, number one,

2760
03:03:12,138 --> 03:03:17,842
Rep. Presley C. De Jesus: regulate, operate, authorize, and license games of chance.

2761
03:03:17,842 --> 03:03:22,760
Rep. Presley C. De Jesus: Cards and numbers, particularly casino gaming in the Philippines.

2762
03:03:22,760 --> 03:03:26,007
Rep. Presley C. De Jesus: So, ano itong, when you say games of chance, ano mga under neto?

2763
03:03:26,007 --> 03:03:31,964
PAGCOR Chairman and CEO Alejandro H. Tengco: Well, ang totoo po, ang na-under lang dyan, na inabutan ko na po,

2764
03:03:31,964 --> 03:03:36,099
PAGCOR Chairman and CEO Alejandro H. Tengco: ay yun talagang casino games, tsaka po itong online gaming.

2765
03:03:36,099 --> 03:03:41,656
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero pagdating po sa horse racing, under po yan sa gab.

2766
03:03:41,656 --> 03:03:43,881
PAGCOR Chairman and CEO Alejandro H. Tengco: Cock fighting, under po yan sa gab.

2767
03:03:43,881 --> 03:03:46,766
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung isa po palang nawala rin.

2768
03:03:46,766 --> 03:03:50,794
PAGCOR Chairman and CEO Alejandro H. Tengco: Namin, nadating nan dyan, ay yung pong online sabong.

2769
03:03:50,794 --> 03:03:55,989
PAGCOR Chairman and CEO Alejandro H. Tengco: Halimbawa, so games of chance po na-classify, pero nawala na rin po yan.

2770
03:03:55,989 --> 03:04:02,138
PAGCOR Chairman and CEO Alejandro H. Tengco: So, sa pangkasalukuyan po, yung in reference to games of chance,

2771
03:04:02,138 --> 03:04:08,923
PAGCOR Chairman and CEO Alejandro H. Tengco: ang tinutukoy po dyan ay mga casino games at yung online gaming games.

2772
03:04:08,923 --> 03:04:11,954
PAGCOR Chairman and CEO Alejandro H. Tengco: So, casino games and online gaming.

2773
03:04:11,954 --> 03:04:15,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi yung kagay sinabi mo yung horse racing, that's under gab.

2774
03:04:15,560 --> 03:04:15,720
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po.

2775
03:04:15,720 --> 03:04:20,061
PAGCOR Chairman and CEO Alejandro H. Tengco: Nasa gab po ang horse racing, tsaka meron po yung Philippine Racing Commission.

2776
03:04:20,166 --> 03:04:26,599
PAGCOR Chairman and CEO Alejandro H. Tengco: Tapos, yung pong ibang cock fighting, sa gab din po yan, wala po sa PAGCOR.

2777
03:04:26,599 --> 03:04:29,462
Rep. Presley C. De Jesus: Okay. So, anything, basta sa inyo, online.

2778
03:04:29,462 --> 03:04:30,864
Rep. Presley C. De Jesus: So, we need to depreciate.

2779
03:04:30,864 --> 03:04:32,629
Rep. Presley C. De Jesus: Online and yung pong games of chance, yung casino games.

2780
03:04:32,629 --> 03:04:36,567
Rep. Presley C. De Jesus: Yung pong nakikita natin sa mga land-based casinos natin.

2781
03:04:36,567 --> 03:04:41,743
Rep. Presley C. De Jesus: So, anything land-based casino, under casino property nila,

2782
03:04:41,743 --> 03:04:43,062
Rep. Presley C. De Jesus: plus online games.

2783
03:04:43,062 --> 03:04:45,600
Rep. Presley C. De Jesus: So, online gaming is under PAGCOR.

2784
03:04:45,600 --> 03:04:46,146
Rep. Presley C. De Jesus: Tama ba yan?

2785
03:04:46,146 --> 03:04:46,738
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes.

2786
03:04:46,738 --> 03:04:48,625
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, tama po kayo.

2787
03:04:48,625 --> 03:04:50,637
Rep. Presley C. De Jesus: Okay. Thank you, Madam Chair.

2788
03:04:50,637 --> 03:04:55,932
Rep. Presley C. De Jesus: And again, I would like to reiterate my point that I raised a clarificatory question ago

2789
03:04:55,932 --> 03:05:01,920
Rep. Presley C. De Jesus: about the budget, no, that being taken away from PAGCOR

2790
03:05:01,920 --> 03:05:07,096
Rep. Presley C. De Jesus: vis-a-vis to Philippine Sports Commission na dapat ibalik sa inyo.

2791
03:05:07,096 --> 03:05:09,877
Rep. Presley C. De Jesus: Kasi ang dami nyo natutulungan, sa totoo lang.

2792
03:05:09,877 --> 03:05:10,810
Rep. Presley C. De Jesus: Again, thank you.

2793
03:05:10,810 --> 03:05:13,388
Rep. Presley C. De Jesus: Madam Chair, thank you, PAGCOR family.

2794
03:05:13,388 --> 03:05:14,606
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat din po, Your Honor.

2795
03:05:14,606 --> 03:05:17,102
Rep. Mikaela Angela B. Suansing: Thank you very much, Chairman Tengco.

2796
03:05:17,102 --> 03:05:20,310
Rep. Mikaela Angela B. Suansing: Thank you so much, Representative Presley De Jesus.

2797
03:05:26,600 --> 03:05:29,120
Rep. Mikaela Angela B. Suansing: We'll now move to our next interpellator from the majority.

2798
03:05:29,120 --> 03:05:33,680
Rep. Mikaela Angela B. Suansing: We have two, but they don't seem to be here in the room.

2799
03:05:33,680 --> 03:05:36,120
Rep. Mikaela Angela B. Suansing: Representative Brian Poe.

2800
03:05:36,120 --> 03:05:39,200
Rep. Mikaela Angela B. Suansing: Ah, okay. Sorry, Brian. I didn't see you.

2801
03:05:39,319 --> 03:05:40,560
Rep. Mikaela Angela B. Suansing: Nakabalik na pala.

2802
03:05:41,160 --> 03:05:44,080
Rep. Mikaela Angela B. Suansing: Next, from the minority, Representative Brian Poe.

2803
03:05:46,560 --> 03:05:47,080
Rep. Brian Poe: Thank you, Madam Chair.

2804
03:05:47,080 --> 03:05:50,600
Rep. Brian Poe: My apologies. Majority. From the majority, Representative Brian Poe.

2805
03:05:50,600 --> 03:05:52,239
Rep. Brian Poe: Thank you.

2806
03:05:52,239 --> 03:05:57,760
Rep. Brian Poe: So, first and foremost, Madam Chair, I just want to thank the PAGCOR chairman

2807
03:05:57,760 --> 03:06:00,840
Rep. Brian Poe: because immediately after our previous hearing,

2808
03:06:00,840 --> 03:06:07,560
Rep. Brian Poe: 44 out of the 52 illegal websites that we mentioned were immediately taken down.

2809
03:06:07,560 --> 03:06:14,200
Rep. Brian Poe: However, Madam Chair, I'd like to bring up that some of these sites are now accessible again.

2810
03:06:14,200 --> 03:06:15,000
Rep. Brian Poe: So, I have a list.

2811
03:06:15,000 --> 03:06:21,040
Rep. Brian Poe: I have a list here of the websites which you can still access via the computer.

2812
03:06:21,040 --> 03:06:24,160
Rep. Brian Poe: My team is pulling it up on the laptop so that we can show it to them.

2813
03:06:24,160 --> 03:06:32,200
Rep. Brian Poe: But to save time, we will submit it to the committee just so that PAGCOR can also follow up on this.

2814
03:06:32,200 --> 03:06:39,200
Rep. Brian Poe: Aside from that, I also want to point out that PAGCOR, if I'm not mistaken,

2815
03:06:39,200 --> 03:06:45,319
Rep. Brian Poe: your GRR or Gross Gaming Revenues in 2025,

2816
03:06:45,319 --> 03:06:54,359
Rep. Brian Poe: is up 6.39% from $372 billion in 2024.

2817
03:06:54,359 --> 03:06:59,359
PAGCOR Chairman and CEO Alejandro H. Tengco: So, how much are we looking at in terms of GGR for 2025 again?

2818
03:06:59,359 --> 03:07:00,960
PAGCOR Chairman and CEO Alejandro H. Tengco: I think it was mentioned earlier.

2819
03:07:00,960 --> 03:07:06,120
PAGCOR Chairman and CEO Alejandro H. Tengco: Are you, Your Honor, are you referring to 2025 or 2026?

2820
03:07:06,120 --> 03:07:08,200
PAGCOR Chairman and CEO Alejandro H. Tengco: For 2026.

2821
03:07:08,200 --> 03:07:15,760
PAGCOR Chairman and CEO Alejandro H. Tengco: For 2026, there is already a decline for both land-based casinos and online gaming.

2822
03:07:15,760 --> 03:07:22,517
Rep. Brian Poe: We are looking at about P370 billion pesos.

2823
03:07:22,517 --> 03:07:24,800
Rep. Brian Poe: P370 billion pesos.

2824
03:07:24,800 --> 03:07:26,760
Rep. Brian Poe: More or less?

2825
03:07:26,760 --> 03:07:27,520
Rep. Brian Poe: Sige po.

2826
03:07:27,520 --> 03:07:32,040
Rep. Brian Poe: If we're looking at P370 billion pesos,

2827
03:07:32,040 --> 03:07:42,600
Rep. Brian Poe: we're looking at how much in terms of the annual wagering turnover for 2026.

2828
03:07:42,600 --> 03:07:45,640
PAGCOR Chairman and CEO Alejandro H. Tengco: So, kumbaga, the gross revenue po that we,

2829
03:07:45,640 --> 03:07:49,720
PAGCOR Chairman and CEO Alejandro H. Tengco: are able to get is, yes, sir.

2830
03:07:49,720 --> 03:07:56,520
PAGCOR Chairman and CEO Alejandro H. Tengco: As, Your Honor, as gross gaming revenue is defined by total bets, less payouts.

2831
03:07:56,520 --> 03:08:12,520
Rep. Brian Poe: So, maybe I should say the total wages placed will be in the vicinity of about P3 trillion.

2832
03:08:12,520 --> 03:08:15,399
Rep. Brian Poe: About P3 trillion pesos, no?

2833
03:08:15,399 --> 03:08:15,840
Rep. Brian Poe: Okay.

2834
03:08:15,840 --> 03:08:18,840
Rep. Brian Poe: The reason why I bring this up, Madam Chair,

2835
03:08:18,840 --> 03:08:25,680
Rep. Brian Poe: is because if there's about P3 trillion pesos that are being wagered per annum,

2836
03:08:25,680 --> 03:08:31,600
Rep. Brian Poe: and we're getting about P300 plus billion in gross revenue from this,

2837
03:08:31,600 --> 03:08:35,800
Rep. Brian Poe: can you imagine how much of the undeclared revenue

2838
03:08:35,800 --> 03:08:41,560
Rep. Brian Poe: or how much of the undeclared annual wagers we're missing out on in terms of government revenue,

2839
03:08:41,560 --> 03:08:45,160
Rep. Brian Poe: which could go towards government projects, government services?

2840
03:08:45,160 --> 03:08:48,840
Rep. Brian Poe: And if we look here, for example,

2841
03:08:48,840 --> 03:08:54,560
Rep. Brian Poe: I just pulled up PopoLive, which is accessible online again.

2842
03:08:54,560 --> 03:08:58,000
Rep. Brian Poe: Madam Chair, may I ask if PopoLive and these other apps,

2843
03:08:58,000 --> 03:09:06,760
Rep. Brian Poe: sorry, these other apps and websites from last year were able to secure a gambling license from PAGCOR?

2844
03:09:06,760 --> 03:09:13,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, I believe we have not issued a license,

2845
03:09:13,080 --> 03:09:20,560
PAGCOR Chairman and CEO Alejandro H. Tengco: primarily because we have, since last two years,

2846
03:09:20,560 --> 03:09:24,680
PAGCOR Chairman and CEO Alejandro H. Tengco: had a moratorium on licenses.

2847
03:09:24,680 --> 03:09:34,567
PAGCOR Chairman and CEO Alejandro H. Tengco: So, I am 100% sure they remain to be part of the illegal operators operating in the Philippines.

2848
03:09:34,567 --> 03:09:35,439
PAGCOR Chairman and CEO Alejandro H. Tengco: Madam Chair, so...

2849
03:09:35,439 --> 03:09:40,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, if you don't mind, I just want to say that

2850
03:09:40,319 --> 03:09:44,600
PAGCOR Chairman and CEO Alejandro H. Tengco: I'd like to thank you for recognizing the fact that

2851
03:09:44,600 --> 03:09:48,600
PAGCOR Chairman and CEO Alejandro H. Tengco: when you brought out the name,

2852
03:09:48,600 --> 03:09:53,800
PAGCOR Chairman and CEO Alejandro H. Tengco: the names of the illegal operators last year,

2853
03:09:53,800 --> 03:09:56,439
PAGCOR Chairman and CEO Alejandro H. Tengco: they were pulled down or put up.

2854
03:09:56,439 --> 03:09:59,439
PAGCOR Chairman and CEO Alejandro H. Tengco: That was not because of us.

2855
03:09:59,439 --> 03:10:09,639
PAGCOR Chairman and CEO Alejandro H. Tengco: We did make the recommendation to the DICT, CICC, and the NTC.

2856
03:10:09,639 --> 03:10:15,917
PAGCOR Chairman and CEO Alejandro H. Tengco: Because they are, Your Honor, the ones with the police powers.

2857
03:10:15,917 --> 03:10:17,987
PAGCOR Chairman and CEO Alejandro H. Tengco: They are the ones who have the power.

2858
03:10:17,987 --> 03:10:19,350
PAGCOR Chairman and CEO Alejandro H. Tengco: We are not...

2859
03:10:19,350 --> 03:10:21,090
PAGCOR Chairman and CEO Alejandro H. Tengco: There is nothing to be done but to make a recommendation,

2860
03:10:21,090 --> 03:10:23,080
PAGCOR Chairman and CEO Alejandro H. Tengco: to make a recommendation, and to make a recommendation only.

2861
03:10:23,080 --> 03:10:27,587
PAGCOR Chairman and CEO Alejandro H. Tengco: So, I just want to give credit where credit is due.

2862
03:10:27,587 --> 03:10:31,572
Rep. Brian Poe: Because we are the ones who just recommended and just said

2863
03:10:31,572 --> 03:10:38,560
Rep. Brian Poe: here in these government agencies that these are illegal and their operations must continue.

2864
03:10:38,560 --> 03:10:45,399
Rep. Brian Poe: Madam Chair, I'd like to thank the PAGCOR chairman for clarifying that until now,

2865
03:10:45,399 --> 03:10:48,279
Rep. Brian Poe: these apps and these gaming sites do not have a license.

2866
03:10:48,279 --> 03:10:55,760
PAGCOR Chairman and CEO Alejandro H. Tengco: Madam Chair, may I ask kung kasama po sa GGR ang revenue galing sa mga apps

2867
03:10:55,760 --> 03:11:01,520
PAGCOR Chairman and CEO Alejandro H. Tengco: or yung mga wagers placed on any of these websites or apps?

2868
03:11:01,520 --> 03:11:02,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, hindi po kasama.

2869
03:11:02,920 --> 03:11:12,040
Rep. Brian Poe: We only track the GGR of our legal operators or our PAGCOR licenses.

2870
03:11:12,040 --> 03:11:16,200
Rep. Brian Poe: Madam Chair, I bring this up kasi kung tutuusin itong mga sites na ito,

2871
03:11:16,200 --> 03:11:18,200
Rep. Brian Poe: hindi sila kasama sa GGR,

2872
03:11:18,200 --> 03:11:21,239
Rep. Brian Poe: yung GGR natin is already in the billions.

2873
03:11:21,239 --> 03:11:26,840
Rep. Brian Poe: The total annual wager tracked is estimated at around 3 trillion pesos.

2874
03:11:26,840 --> 03:11:32,399
Rep. Brian Poe: What more if these apps, these websites were properly tracked or suspended?

2875
03:11:32,399 --> 03:11:36,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi kung suspended po sila, then they will only gamble through the legal websites.

2876
03:11:36,920 --> 03:11:38,359
PAGCOR Chairman and CEO Alejandro H. Tengco: Tama po ba?

2877
03:11:38,359 --> 03:11:41,600
PAGCOR Chairman and CEO Alejandro H. Tengco: So, Mr. Chair, Madam Chair...

2878
03:11:41,600 --> 03:11:43,399
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, you are right, Your Honor.

2879
03:11:43,399 --> 03:11:46,200
PAGCOR Chairman and CEO Alejandro H. Tengco: Yun po ang sinasabi ko kanina,

2880
03:11:46,200 --> 03:11:51,560
PAGCOR Chairman and CEO Alejandro H. Tengco: na 50% lang po ng industriya ang may lisensya,

2881
03:11:51,560 --> 03:11:54,279
PAGCOR Chairman and CEO Alejandro H. Tengco: 50% po ay walang lisensya.

2882
03:11:54,279 --> 03:11:59,120
PAGCOR Chairman and CEO Alejandro H. Tengco: You can just imagine, Your Honor, Congressman po,

2883
03:11:59,120 --> 03:12:03,800
PAGCOR Chairman and CEO Alejandro H. Tengco: what government is losing in terms of potential revenue.

2884
03:12:03,800 --> 03:12:10,560
Rep. Brian Poe: Kaya talagang, dapat talagang pagtulungan na ating masugpo itong mga illegal na ito.

2885
03:12:10,560 --> 03:12:15,840
Rep. Brian Poe: Malaki po, nawawala sa atin lahat dyan sa nangyayaring yan, Your Honor.

2886
03:12:15,840 --> 03:12:18,800
Rep. Brian Poe: Madam Chair, what's important here is during this committee hearing,

2887
03:12:18,800 --> 03:12:26,960
Rep. Brian Poe: nabanggit po ni Chairman that wala pang na-issue na bago na lisensya because there's a moratorium.

2888
03:12:26,960 --> 03:12:30,399
Rep. Brian Poe: 50% lang ang nakukuha natin na revenue.

2889
03:12:30,399 --> 03:12:36,680
Rep. Brian Poe: Instead, we could be doubling the government revenue that we could possibly get from this to put into programs.

2890
03:12:36,680 --> 03:12:40,960
Rep. Brian Poe: Madam Chair, moving on quickly to my next set of questions.

2891
03:12:40,960 --> 03:12:43,439
Rep. Brian Poe: Madam Chair, PAGCOR pointed out that there are many,

2892
03:12:43,439 --> 03:12:45,840
Rep. Brian Poe: there are many nation building programs.

2893
03:12:45,840 --> 03:12:49,000
Rep. Brian Poe: Kumbaga, they have the school building program,

2894
03:12:49,000 --> 03:12:53,040
Rep. Brian Poe: they have the patient transport vehicles which they have donated,

2895
03:12:53,040 --> 03:12:55,479
Rep. Brian Poe: relief ops that they have conducted,

2896
03:12:55,479 --> 03:13:00,800
Rep. Brian Poe: and other, a medical center even that they've inaugurated.

2897
03:13:00,800 --> 03:13:12,279
Rep. Brian Poe: Pero gusto kong magtanong kung meron po silang donations or funding po para sa mental health services para sa mga gambling addicts po.

2898
03:13:12,279 --> 03:13:19,720
Rep. Brian Poe: Kasi kung tutuusin itong mga working class citizens po natin na nagiging biktima po ng online gaming

2899
03:13:19,720 --> 03:13:21,720
Rep. Brian Poe: and naging addict po,

2900
03:13:21,720 --> 03:13:28,960
Rep. Brian Poe: naghahanap ng solusyon ng paraan para iwasan itong gambling habit nila.

2901
03:13:28,960 --> 03:13:37,359
Rep. Brian Poe: And I was hoping that PAGCOR might have some mental health programs that they are funding or that they are supporting

2902
03:13:37,359 --> 03:13:40,080
PAGCOR Chairman and CEO Alejandro H. Tengco: so that it could be free for our constituents

2903
03:13:40,080 --> 03:13:43,479
PAGCOR Chairman and CEO Alejandro H. Tengco: who can't afford mental health services.

2904
03:13:43,479 --> 03:13:46,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron po ba, Mr. Chair?

2905
03:13:46,600 --> 03:13:49,640
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, Congressman po.

2906
03:13:49,640 --> 03:13:55,040
PAGCOR Chairman and CEO Alejandro H. Tengco: That is part of our responsible gaming programs.

2907
03:13:55,040 --> 03:13:59,319
PAGCOR Chairman and CEO Alejandro H. Tengco: As I had mentioned, we have our partner, Seagulls Flock Foundation.

2908
03:13:59,319 --> 03:14:09,359
PAGCOR Chairman and CEO Alejandro H. Tengco: And sila po ay, sila ang nagpapatakbo ng 24-7 call center na sumasagot sa mga may problema

2909
03:14:09,359 --> 03:14:11,040
PAGCOR Chairman and CEO Alejandro H. Tengco: sa paglalaro.

2910
03:14:11,040 --> 03:14:19,520
PAGCOR Chairman and CEO Alejandro H. Tengco: At tulad ng ipinangako ko kanina, magsusumiti po kami ng report sa committee nito

2911
03:14:19,520 --> 03:14:29,960
PAGCOR Chairman and CEO Alejandro H. Tengco: para mapakita kung ilan na po yung ating mga natulungan tungkol sa mga himihingi ng tulong dahil sila ay,

2912
03:14:29,960 --> 03:14:33,600
PAGCOR Chairman and CEO Alejandro H. Tengco: meron na, nalululunan sila sa pagsusugal.

2913
03:14:33,600 --> 03:14:38,279
Rep. Brian Poe: We will do that and we will submit to the committee.

2914
03:14:38,279 --> 03:14:44,800
Rep. Brian Poe: So that it can be disseminated to all our, to the members of the committee.

2915
03:14:44,800 --> 03:14:49,479
Rep. Brian Poe: Madam Chair, I'd like to request for a copy of those programs, the number of people.

2916
03:14:49,479 --> 03:14:53,439
Rep. Brian Poe: the number of people who have been helped, how much funding has gone into it,

2917
03:14:53,439 --> 03:14:55,920
Rep. Brian Poe: kasi importante at mahalaga po ito.

2918
03:14:55,920 --> 03:14:58,880
Rep. Brian Poe: Tulad ng sinabi ni Rep. Elie earlier,

2919
03:14:58,880 --> 03:15:04,560
Rep. Brian Poe: we do have a gambling addiction problem here in this country that we want to address.

2920
03:15:04,560 --> 03:15:07,600
Rep. Brian Poe: We want it to be responsible, we want it to be well-managed,

2921
03:15:07,600 --> 03:15:13,479
Rep. Brian Poe: but we also want people to have options para kung gusto nila tigilin tong habit na to,

2922
03:15:13,479 --> 03:15:18,080
Rep. Brian Poe: pwede naman sila mag-seek ng help galing sa gobyerno po.

2923
03:15:18,080 --> 03:15:21,880
Rep. Brian Poe: So, further, I just want to ask also, Madam Chair,

2924
03:15:21,880 --> 03:15:27,600
Rep. Brian Poe: if PAGCOR, given all of its efforts with law enforcement,

2925
03:15:27,600 --> 03:15:33,439
Rep. Brian Poe: is only able to address 50% of the gambling that takes place in this country,

2926
03:15:33,439 --> 03:15:41,960
Rep. Brian Poe: what programs or what, I guess, facilities in CICC, DICT,

2927
03:15:41,960 --> 03:15:45,248
PAGCOR Chairman and CEO Alejandro H. Tengco: can we add funding to or can we strengthen

2928
03:15:45,248 --> 03:15:46,160
PAGCOR Chairman and CEO Alejandro H. Tengco: in order to...

2929
03:15:46,160 --> 03:15:52,720
PAGCOR Chairman and CEO Alejandro H. Tengco: in order for us to address all this illegal online gaming?

2930
03:15:52,720 --> 03:15:58,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, in our discussions since last year with DICT,

2931
03:15:58,520 --> 03:16:01,000
PAGCOR Chairman and CEO Alejandro H. Tengco: headed by Secretary Henry Aguda,

2932
03:16:01,000 --> 03:16:07,720
PAGCOR Chairman and CEO Alejandro H. Tengco: and CICC, headed by ASEC Aboy Paraíso,

2933
03:16:07,720 --> 03:16:13,040
PAGCOR Chairman and CEO Alejandro H. Tengco: there are certain tools that they need to procure.

2934
03:16:13,040 --> 03:16:15,399
PAGCOR Chairman and CEO Alejandro H. Tengco: In fact,

2935
03:16:15,399 --> 03:16:17,800
PAGCOR Chairman and CEO Alejandro H. Tengco: it has already been identified

2936
03:16:17,800 --> 03:16:21,439
PAGCOR Chairman and CEO Alejandro H. Tengco: ang nagiging problema po kasi,

2937
03:16:21,439 --> 03:16:23,279
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, Congressman po,

2938
03:16:23,279 --> 03:16:26,720
PAGCOR Chairman and CEO Alejandro H. Tengco: talagang because of the advances of technology,

2939
03:16:26,720 --> 03:16:30,040
PAGCOR Chairman and CEO Alejandro H. Tengco: talagang lahat makina na eh.

2940
03:16:30,040 --> 03:16:35,080
PAGCOR Chairman and CEO Alejandro H. Tengco: So, I think they're in the process now of procuring

2941
03:16:35,080 --> 03:16:39,640
PAGCOR Chairman and CEO Alejandro H. Tengco: or about to procure equipment that can track

2942
03:16:39,640 --> 03:16:45,800
PAGCOR Chairman and CEO Alejandro H. Tengco: those that are using VPNs to shadow their presence.

2943
03:16:45,800 --> 03:16:47,199
PAGCOR Chairman and CEO Alejandro H. Tengco: And,

2944
03:16:47,199 --> 03:16:53,279
PAGCOR Chairman and CEO Alejandro H. Tengco: I think that is what they will be lobbying for sa Kongreso.

2945
03:16:53,279 --> 03:16:56,000
PAGCOR Chairman and CEO Alejandro H. Tengco: So, as I mentioned earlier,

2946
03:16:56,000 --> 03:17:01,399
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi ko po maaaring pakialaman yung kanilang teritoryo.

2947
03:17:01,399 --> 03:17:04,239
PAGCOR Chairman and CEO Alejandro H. Tengco: Kami po ay rekomendatory sa kanila.

2948
03:17:04,239 --> 03:17:06,680
PAGCOR Chairman and CEO Alejandro H. Tengco: And, I can say one thing.

2949
03:17:06,680 --> 03:17:11,239
PAGCOR Chairman and CEO Alejandro H. Tengco: The last year, our collaboration with DICT,

2950
03:17:11,239 --> 03:17:15,960
PAGCOR Chairman and CEO Alejandro H. Tengco: between DICT, CICC, NTC and PAGCOR,

2951
03:17:15,960 --> 03:17:16,760
PAGCOR Chairman and CEO Alejandro H. Tengco: has

2952
03:17:16,760 --> 03:17:26,199
PAGCOR Chairman and CEO Alejandro H. Tengco: really been so good na we continue to close so many illegal sites.

2953
03:17:26,199 --> 03:17:28,720
PAGCOR Chairman and CEO Alejandro H. Tengco: Unfortunately, kung anong bilis ng pagsasara,

2954
03:17:28,720 --> 03:17:36,399
PAGCOR Chairman and CEO Alejandro H. Tengco: ganon din bilis ang pagbubukas nila muli because of so many things that they can do.

2955
03:17:36,399 --> 03:17:41,960
Rep. Brian Poe: So, that's it. That's my answer to your question, Your Honor, Kong.

2956
03:17:41,960 --> 03:17:46,160
Rep. Brian Poe: Thank you. Madam Chair, if I may, just a quick anecdote about that.

2957
03:17:46,160 --> 03:17:55,439
Rep. Brian Poe: I want to note the efforts of the NBI, CICC, and PAGCOR because I've actually joined them po sa mga raids nila.

2958
03:17:55,439 --> 03:17:58,080
Rep. Brian Poe: And I see the effort that they're putting into it.

2959
03:17:58,080 --> 03:18:03,520
Rep. Brian Poe: But the reason why I bring up this question is because could we have a list from PAGCOR

2960
03:18:03,520 --> 03:18:10,880
Rep. Brian Poe: kung ano yung mga equipment na kailangan i-procure ng CICC at ibang law enforcement at magkano po?

2961
03:18:10,880 --> 03:18:15,826
Rep. Brian Poe: Kasi I want to see how much it will cost versus how much revenue we would be able to,

2962
03:18:15,826 --> 03:18:18,880
Rep. Brian Poe: how much revenue we would be able to generate from properly monitoring.

2963
03:18:18,880 --> 03:18:23,479
Rep. Brian Poe: Kung meron po tayong projection na kung meron tayong ganitong klaseng equipment,

2964
03:18:23,479 --> 03:18:30,239
Rep. Brian Poe: we will be able to increase the number of websites that we're able to monitor and take down, etc.,

2965
03:18:30,239 --> 03:18:38,560
Rep. Brian Poe: how much we would be able to generate in revenue if we have proper policing through these machineries and technologies.

2966
03:18:38,560 --> 03:18:42,520
Rep. Brian Poe: Madam Chair, if we make this investment in proper policing,

2967
03:18:42,520 --> 03:18:45,920
Rep. Brian Poe: maybe we could increase government revenue in the succeeding year.

2968
03:18:45,920 --> 03:18:47,640
Rep. Brian Poe: At least that's the way I see it.

2969
03:18:47,640 --> 03:18:50,600
Rep. Brian Poe: Yun lang po. And thank you for the time, Madam Chair.

2970
03:18:50,600 --> 03:18:52,080
Rep. Mikaela Angela B. Suansing: Thank you, Vice Chair Bryan po.

2971
03:18:52,080 --> 03:18:57,520
Rep. Mikaela Angela B. Suansing: Actually, I think it's fitting because Vice Chair Bryan po is anyways defending the budget of the DICT.

2972
03:18:57,520 --> 03:19:04,399
Rep. Mikaela Angela B. Suansing: So you can also pose that same question to the CICC when we deliberate on the budget of DICT.

2973
03:19:04,399 --> 03:19:06,880
Rep. Mikaela Angela B. Suansing: But very good point.

2974
03:19:06,880 --> 03:19:12,359
Rep. Mikaela Angela B. Suansing: Sigur po, we'll just wait, Kong Bryan, so we can also share with PAGCOR the websites,

2975
03:19:12,359 --> 03:19:15,560
Rep. Mikaela Angela B. Suansing: the screenshot of the websites that you've pointed out earlier.

2976
03:19:15,560 --> 03:19:21,439
Rep. Mikaela Angela B. Suansing: But it's really a matter of enforcement and reinforcement given, as Chair Al was saying,

2977
03:19:21,439 --> 03:19:25,399
Rep. Mikaela Angela B. Suansing: as soon as those sites are taken down after a while, they go back up again.

2978
03:19:25,399 --> 03:19:29,439
Rep. Mikaela Angela B. Suansing: So we'll bring it up.

2979
03:19:29,439 --> 03:19:33,439
Rep. Mikaela Angela B. Suansing: Ikaw naman magpapreside ng DICT budget hearing.

2980
03:19:33,439 --> 03:19:37,160
Rep. Mikaela Angela B. Suansing: So you can also bring it up with CICC when the time comes.

2981
03:19:37,160 --> 03:19:39,319
Rep. Mikaela Angela B. Suansing: Thank you. Thank you, Chair Al.

2982
03:19:39,319 --> 03:19:42,160
Rep. Mikaela Angela B. Suansing: Thank you so much, Vice Chair Bryan po.

2983
03:19:42,160 --> 03:19:45,000
Rep. Mikaela Angela B. Suansing: We'll now move to the next interpellator.

2984
03:19:45,000 --> 03:19:49,399
Rep. Mikaela Angela B. Suansing: From the minority, Representative Robert Nazal.

2985
03:19:49,399 --> 03:19:51,399
Rep. Roberto Nazal: Thank you, Madam Chair.

2986
03:19:51,399 --> 03:19:54,760
Rep. Roberto Nazal: Good morning.

2987
03:19:54,760 --> 03:20:00,120
Rep. Roberto Nazal: Good afternoon, Chairman Tengco.

2988
03:20:00,120 --> 03:20:06,520
Rep. Roberto Nazal: Allow me first to commend PAGCOR and PAGCOR family for its commendable initiatives,

2989
03:20:06,520 --> 03:20:13,800
Rep. Roberto Nazal: particularly the nationwide school building program and the donation of patient transport vehicles.

2990
03:20:13,800 --> 03:20:20,319
Rep. Roberto Nazal: These efforts have brought real benefit to many of our communities and we are grateful for that.

2991
03:20:20,319 --> 03:20:25,160
Rep. Roberto Nazal: If I may, however, raise a small concern.

2992
03:20:25,160 --> 03:20:34,560
Rep. Roberto Nazal: Mayroon po ako kasing pending request na more than one year na ang anniversary

2993
03:20:34,560 --> 03:20:39,520
Rep. Roberto Nazal: ng mga wheelchairs and mga ambulances para sa mga constituent natin.

2994
03:20:39,520 --> 03:20:42,680
Rep. Roberto Nazal: I mentioned this not as a complaint, no?

2995
03:20:42,680 --> 03:20:52,160
Rep. Roberto Nazal: But simply to ask in the spirit of transparency, may pagkakaiba po ba ang minority ang nag-request?

2996
03:20:52,160 --> 03:20:56,640
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, wala pong pagkakaiba.

2997
03:20:56,640 --> 03:21:02,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang totoo po dun sa PTV, kami po nag-augment lang talaga sa PCSO.

2998
03:21:02,960 --> 03:21:05,800
PAGCOR Chairman and CEO Alejandro H. Tengco: At hindi naman talaga naming gawa ay magbigay.

2999
03:21:05,800 --> 03:21:10,760
PAGCOR Chairman and CEO Alejandro H. Tengco: Tumulong po kami. Nagpasobra na ng konti.

3000
03:21:10,760 --> 03:21:14,319
PAGCOR Chairman and CEO Alejandro H. Tengco: So, yung pong request niyo eh, titinan ko kaagad pagkatapos nito

3001
03:21:14,319 --> 03:21:20,479
Rep. Roberto Nazal: ng mapatunayan sa inyong wala pong pagkakaiba ang minority at majority

3002
03:21:20,479 --> 03:21:22,399
Committee/agency brief acknowledgment: pag ang PAGCOR po ang timitiin dito.

3003
03:21:22,399 --> 03:21:25,880
Rep. Roberto Nazal: Thank you, thank you, Mr. Chair. Salamat po diyan.

3004
03:21:25,880 --> 03:21:34,080
Rep. Roberto Nazal: So, I will go directly to my questions.

3005
03:21:34,080 --> 03:21:41,160
Rep. Roberto Nazal: Madam Chair, I would like to clarify the effect of the planned privatization of Casino Filipino

3006
03:21:41,160 --> 03:21:44,479
Rep. Roberto Nazal: on universal healthcare funding.

3007
03:21:44,479 --> 03:21:52,520
Rep. Roberto Nazal: In Section 37 of the UHC Act, 50% of the national government share from PAGCOR income

3008
03:21:52,520 --> 03:21:56,840
Rep. Roberto Nazal: is earmarked for PhilHealth.

3009
03:21:56,840 --> 03:22:04,960
Rep. Roberto Nazal: Once PAGCOR disposes of its Casino Filipino operations and becomes purely a regulatory body,

3010
03:22:04,960 --> 03:22:08,439
Rep. Roberto Nazal: what happens to the UHC earmark?

3011
03:22:08,439 --> 03:22:14,520
Rep. Roberto Nazal: Will the national government share, and therefore yung 50% going to PhilHealth,

3012
03:22:14,520 --> 03:22:19,720
Rep. Roberto Nazal: due to be computed from PAGCOR's entire gaming-related income,

3013
03:22:19,720 --> 03:22:28,040
Rep. Roberto Nazal: including regulatory fees and license fee shares from private casinos, e-games, and other licenses?

3014
03:22:28,040 --> 03:22:34,199
Rep. Roberto Nazal: Or will the legal revenue base covered by the UHC earmark become smaller

3015
03:22:34,199 --> 03:22:41,279
Rep. Roberto Nazal: once PAGCOR is no longer itself a gaming operator?

3016
03:22:41,279 --> 03:22:44,520
Rep. Roberto Nazal: Na compute na po ba ng PAGCOR with the deal,

3017
03:22:44,520 --> 03:22:48,760
Rep. Roberto Nazal: together with the DOF, DBM, and PhilHealth,

3018
03:22:48,760 --> 03:22:54,399
Rep. Roberto Nazal: na quantify na po ba natin yung UHC contribution before and after privatization?

3019
03:22:54,399 --> 03:23:02,359
Rep. Roberto Nazal: And if so, can you please give the committee the projected PAGCOR contribution to UHC

3020
03:23:02,359 --> 03:23:12,120
PAGCOR Chairman and CEO Alejandro H. Tengco: for 2026, 2027, and 2028, and the first full year after privatization?

3021
03:23:12,120 --> 03:23:14,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Thank you for the answer.

3022
03:23:14,319 --> 03:23:17,840
PAGCOR Chairman and CEO Alejandro H. Tengco: The question, Your Honor.

3023
03:23:17,840 --> 03:23:21,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, na compute na po, at ang totoo po eh,

3024
03:23:21,800 --> 03:23:24,520
PAGCOR Chairman and CEO Alejandro H. Tengco: kung meron pong nag-aaral niya ng lubos ngayon,

3025
03:23:24,520 --> 03:23:30,479
PAGCOR Chairman and CEO Alejandro H. Tengco: eh yung pong GCG, Governance Commission for GOCCs.

3026
03:23:30,479 --> 03:23:35,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil, Your Honor, Congressman Nazal,

3027
03:23:35,960 --> 03:23:42,080
PAGCOR Chairman and CEO Alejandro H. Tengco: ang magre-rekomenda po sa tanggapan ng Pangulo ay ang GCG.

3028
03:23:42,080 --> 03:23:42,880
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah.

3029
03:23:42,880 --> 03:23:47,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Sila po ang magre-rekomenda kung dapat ma-ituloy

3030
03:23:47,520 --> 03:23:51,439
PAGCOR Chairman and CEO Alejandro H. Tengco: or dapat matuloy ang decoupling privatization.

3031
03:23:51,439 --> 03:23:57,880
PAGCOR Chairman and CEO Alejandro H. Tengco: So, nakita na po namin yan, pinag-aaralan po,

3032
03:23:57,880 --> 03:24:03,080
PAGCOR Chairman and CEO Alejandro H. Tengco: miyembro po din ng GCG Commission, ang PAGCOR,

3033
03:24:03,080 --> 03:24:11,160
PAGCOR Chairman and CEO Alejandro H. Tengco: ah, ang Secretary of Finance, gayon din po ang Secretary of Budget and Management, DBM.

3034
03:24:11,160 --> 03:24:13,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Sila po eh ex-officio members ito.

3035
03:24:13,560 --> 03:24:19,439
PAGCOR Chairman and CEO Alejandro H. Tengco: So, maliwanag po na pinag-aaralan po at nakita na po yan.

3036
03:24:19,439 --> 03:24:27,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa aming pong internal na pag-aaral, nakita po namin na hindi po in the long run,

3037
03:24:27,920 --> 03:24:33,479
PAGCOR Chairman and CEO Alejandro H. Tengco: in the medium term, ah, hindi lang po magpapantay, mahigitan pa.

3038
03:24:33,479 --> 03:24:38,239
PAGCOR Chairman and CEO Alejandro H. Tengco: Because of the operational efficiency po na mangyayari.

3039
03:24:38,239 --> 03:24:39,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah.

3040
03:24:39,319 --> 03:24:39,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah.

3041
03:24:39,600 --> 03:24:44,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, sa ngayon po kasi, binanggit ko nga kanina eh,

3042
03:24:44,000 --> 03:24:51,120
PAGCOR Chairman and CEO Alejandro H. Tengco: napangakin na po ng drug ng karga ng ah, salaries and wages ng empleyado.

3043
03:24:51,120 --> 03:25:01,720
PAGCOR Chairman and CEO Alejandro H. Tengco: Gayon din naman po ng halimbawa ay yung ating ah, rentals sa different properties natin.

3044
03:25:01,720 --> 03:25:07,276
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah, himigit ko mo lang po, one and a half billion pesos a month ang nagagastos natin dito.

3045
03:25:07,276 --> 03:25:08,120
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah.

3046
03:25:08,120 --> 03:25:12,880
PAGCOR Chairman and CEO Alejandro H. Tengco: So, kapag nawala po lahat yan, eh, tataas po yung income ng PAGCOR.

3047
03:25:12,880 --> 03:25:19,359
Rep. Roberto Nazal: And sa huli naman po, may contribution kami na minimum of 50% of our net profit.

3048
03:25:19,359 --> 03:25:25,479
Rep. Roberto Nazal: So, that will neutralize in the long run yung pong adjustments na mangyayari.

3049
03:25:25,479 --> 03:25:28,990
Rep. Roberto Nazal: Magkano po ba yung expected revenues natin once ma-privatize?

3050
03:25:28,990 --> 03:25:30,080
Rep. Roberto Nazal: Ah.

3051
03:25:30,080 --> 03:25:36,120
Rep. Roberto Nazal: And how much are you projecting will be the share on the first year or the first and second year alone?

3052
03:25:36,120 --> 03:25:37,199
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

3053
03:25:37,199 --> 03:25:43,160
PAGCOR Chairman and CEO Alejandro H. Tengco: Wala po kasi, ah, Your Honor, ah, wala po kasi kaming control.

3054
03:25:43,160 --> 03:25:49,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Basta yung amin lang is we remit our share to the national government.

3055
03:25:49,600 --> 03:25:59,399
PAGCOR Chairman and CEO Alejandro H. Tengco: And it is the national government that supposedly remits to the PhilHealth or to the Universal Healthcare Fund.

3056
03:25:59,399 --> 03:26:04,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang liniliwanag ko po kanina pa, we have been updated.

3057
03:26:04,000 --> 03:26:06,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Updated po tayo sa remittance.

3058
03:26:06,960 --> 03:26:11,520
PAGCOR Chairman and CEO Alejandro H. Tengco: So, nasa sa national treasury na po yung pagbibigay.

3059
03:26:11,520 --> 03:26:19,199
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi meron pong kumisang hindi pagkakaintindihan na kami po ang nagre-remit sa Universal Healthcare Fund.

3060
03:26:19,199 --> 03:26:30,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang nangyayari po, on a monthly basis, kami po ay nagbibigay sa national treasury.

3061
03:26:30,800 --> 03:26:40,080
PAGCOR Chairman and CEO Alejandro H. Tengco: At pagkatapos, obligasyon na rin po at responsibilidad nila ang mag-remit sa Universal Healthcare Fund.

3062
03:26:40,080 --> 03:26:47,960
PAGCOR Chairman and CEO Alejandro H. Tengco: So, sa ngayon po, I just want to clarify this, just like I, how I answered earlier, I think you were not present.

3063
03:26:47,960 --> 03:26:54,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Wala po kaming control dun sa remittance to the, because ang batas po maliwanag.

3064
03:26:54,800 --> 03:27:06,960
Rep. Roberto Nazal: Remit your share to the national government and the national government will remit 50% of what you have remitted to the Universal Healthcare Fund.

3065
03:27:06,960 --> 03:27:15,880
PAGCOR Chairman and CEO Alejandro H. Tengco: So, what you're saying, Mr. Chair, Madam Chair, is that you have no figures on how much is being remitted to PhilHealth?

3066
03:27:15,880 --> 03:27:19,359
PAGCOR Chairman and CEO Alejandro H. Tengco: Well, we, it's not that we do not have figures, we do not have control.

3067
03:27:19,359 --> 03:27:31,279
PAGCOR Chairman and CEO Alejandro H. Tengco: But, I'll just give you an example, for year 2025, for example, we remitted more or less 50 billion pesos to the national treasury.

3068
03:27:31,279 --> 03:27:34,190
Rep. Roberto Nazal: That means, following the intent of the law.

3069
03:27:34,190 --> 03:27:34,920
Rep. Roberto Nazal: Dapat.

3070
03:27:34,920 --> 03:27:38,570
Rep. Roberto Nazal: 25 billion.

3071
03:27:38,570 --> 03:27:42,319
Rep. Roberto Nazal: Yes.

3072
03:27:42,319 --> 03:27:50,720
PAGCOR Chairman and CEO Alejandro H. Tengco: But, the reason you're saying this, Madam Chair, is because, meron po bang naging deviation from the, what you remitted to the national treasury?

3073
03:27:50,720 --> 03:27:53,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Wala ah, hindi na po namin alam yun eh.

3074
03:27:53,080 --> 03:27:57,460
PAGCOR Chairman and CEO Alejandro H. Tengco: Sapagkat sabi ko nga, buwanan po, we remit to the national treasury.

3075
03:27:57,460 --> 03:27:58,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Yeah.

3076
03:27:58,600 --> 03:28:06,840
PAGCOR Chairman and CEO Alejandro H. Tengco: And, the law states, the national treasury or the national government should remit,

3077
03:28:06,840 --> 03:28:12,199
PAGCOR Chairman and CEO Alejandro H. Tengco: should remit 50% of what we have remitted to the Universal Healthcare Fund.

3078
03:28:12,199 --> 03:28:16,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Now, whether they're remitting or not is beyond our control already.

3079
03:28:16,600 --> 03:28:20,560
PAGCOR Chairman and CEO Alejandro H. Tengco: That is what I'm trying to point out, Your Honor.

3080
03:28:20,560 --> 03:28:22,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah, and that was asked earlier also.

3081
03:28:22,800 --> 03:28:29,920
PAGCOR Chairman and CEO Alejandro H. Tengco: So, kasi may akala po sila na diretsyo po kaming nagre-remit sa Universal Healthcare Fund.

3082
03:28:29,920 --> 03:28:31,120
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po ganon.

3083
03:28:31,120 --> 03:28:32,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang batas po ay maliwanag.

3084
03:28:32,960 --> 03:28:48,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Remit 50% of your revenue to the national government and the government under the Universal Healthcare Act must remit 50% of what we have remitted to the Universal Healthcare Fund.

3085
03:28:48,840 --> 03:29:02,680
Rep. Roberto Nazal: Considering the privatization, ah, Madam Chair, meron po bang, meron po ba kayo nakikita na dapat baguhin ng Congress in terms of legislation para, ah, mag-guarantee na ganon pa rin yung magiging,

3086
03:29:02,680 --> 03:29:10,279
PAGCOR Chairman and CEO Alejandro H. Tengco: income or share ng UHC sa kikitain ng, ah, sa manggagaling po sa privatization?

3087
03:29:10,279 --> 03:29:17,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo, ah, kami po ay, ah, gumawa na rin ng aming mga sariling computations.

3088
03:29:17,840 --> 03:29:21,960
PAGCOR Chairman and CEO Alejandro H. Tengco: I think, ah, may, may certain numbers kami.

3089
03:29:21,960 --> 03:29:25,279
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero this we can share with the committee.

3090
03:29:25,279 --> 03:29:27,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Maybe the committee can share with you.

3091
03:29:27,920 --> 03:29:31,960
PAGCOR Chairman and CEO Alejandro H. Tengco: But, ah, we will forward what we have done internally.

3092
03:29:31,960 --> 03:29:45,825
PAGCOR Chairman and CEO Alejandro H. Tengco: But making clear that sa ngayon po, yun ni base lamang sa projections namin after the implementation of the decoupling slash privatization.

3093
03:29:45,825 --> 03:29:50,720
Committee/agency brief acknowledgment: Your Honor.

3094
03:29:50,720 --> 03:29:58,640
Rep. Roberto Nazal: Thank you for that, Madam Chair, Mr. Chairman.

3095
03:29:58,640 --> 03:30:09,279
Rep. Roberto Nazal: Kung magkakaroon po tayo ng transitional revenue habang naglilipat ng operations sa private sector, ang PAGCOR,

3096
03:30:09,279 --> 03:30:17,520
Rep. Roberto Nazal: ang one-time windfall mula sa privatization ay dapat magsilbing safety cushion para sa UHC.

3097
03:30:17,520 --> 03:30:24,720
Rep. Roberto Nazal: Since PAGCOR estimates P30 to P50 billion in proceeds from the sale of casino Filipino assets and licenses,

3098
03:30:24,720 --> 03:30:30,840
Rep. Roberto Nazal: direct UHC collections might experience transition friction.

3099
03:30:30,840 --> 03:30:39,880
Rep. Roberto Nazal: So, is the Executive willing to commit or does Congress need to legislate a sort of transitional healthcare stabilization fund

3100
03:30:39,880 --> 03:30:46,640
PAGCOR Chairman and CEO Alejandro H. Tengco: sourced directly from the privatization proceeds to guarantee that PhilHealth's annual subsidy is protected?

3101
03:30:46,640 --> 03:30:50,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Para captured pa rin po yung windfall?

3102
03:30:50,800 --> 03:30:54,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, we can look into that.

3103
03:30:54,319 --> 03:31:02,080
PAGCOR Chairman and CEO Alejandro H. Tengco: As I said earlier in another question, the priority use of the proceeds of the retirement,

3104
03:31:02,080 --> 03:31:09,760
PAGCOR Chairman and CEO Alejandro H. Tengco: which is now being trimmed down to about 30 on the high side because of the decline,

3105
03:31:09,760 --> 03:31:16,160
PAGCOR Chairman and CEO Alejandro H. Tengco: our priority is being able to pay the retirement of our employees because that, for me,

3106
03:31:16,160 --> 03:31:22,720
PAGCOR Chairman and CEO Alejandro H. Tengco: is a commitment to protect the interests of our PAGCOR employees.

3107
03:31:22,720 --> 03:31:32,479
PAGCOR Chairman and CEO Alejandro H. Tengco: So, coming from kung magkakaroon po ng difference doon sa proceeds and yung binayad natin sa retirement,

3108
03:31:32,479 --> 03:31:44,120
PAGCOR Chairman and CEO Alejandro H. Tengco: then I think that can be considered as a possibility na magkaroon ng cushion fund, as you had mentioned earlier.

3109
03:31:44,120 --> 03:31:46,359
PAGCOR Chairman and CEO Alejandro H. Tengco: But I wish to state...

3110
03:31:46,359 --> 03:31:58,560
PAGCOR Chairman and CEO Alejandro H. Tengco: that from my standpoint, the priority also for me is being able to pay the retirement benefits

3111
03:31:58,560 --> 03:32:09,880
Rep. Roberto Nazal: and the special incentive package of those who will be affected by this move to decouple PAGCOR.

3112
03:32:09,880 --> 03:32:14,439
PAGCOR Chairman and CEO Alejandro H. Tengco: Magkano po ba yung ano? How much will we spend?

3113
03:32:14,439 --> 03:32:16,319
Committee/agency brief acknowledgment: To ano?

3114
03:32:16,319 --> 03:32:16,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Retirement.

3115
03:32:16,840 --> 03:32:18,880
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, you're talking for retirement.

3116
03:32:18,880 --> 03:32:19,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes.

3117
03:32:19,319 --> 03:32:36,840
PAGCOR Chairman and CEO Alejandro H. Tengco: We're looking at about 28 to 30 billion as the money needed for the retirement.

3118
03:32:36,840 --> 03:32:42,279
PAGCOR Chairman and CEO Alejandro H. Tengco: Today, we have close to about 12 billion.

3119
03:32:42,279 --> 03:32:45,600
PAGCOR Chairman and CEO Alejandro H. Tengco: So, we will be subsidizing coming from the sale.

3120
03:32:45,600 --> 03:32:49,640
PAGCOR Chairman and CEO Alejandro H. Tengco: And the difference, as I mentioned, maybe that can be...

3121
03:32:49,640 --> 03:32:52,479
PAGCOR Chairman and CEO Alejandro H. Tengco: Thank you for your comments.

3122
03:32:52,479 --> 03:33:02,600
Rep. Roberto Nazal: And we can study whether that difference can be used as a stabilization fund for the universal healthcare.

3123
03:33:02,600 --> 03:33:08,279
PAGCOR Chairman and CEO Alejandro H. Tengco: How much, Madam Chair, is the expected windfall?

3124
03:33:08,279 --> 03:33:10,680
PAGCOR Chairman and CEO Alejandro H. Tengco: You're talking from where, Your Honor?

3125
03:33:10,680 --> 03:33:12,520
PAGCOR Chairman and CEO Alejandro H. Tengco: From the privatization of...

3126
03:33:12,520 --> 03:33:19,840
PAGCOR Chairman and CEO Alejandro H. Tengco: We're looking at about mga 25 to 30 billion po sa pangkasalukuyan.

3127
03:33:19,840 --> 03:33:21,080
PAGCOR Chairman and CEO Alejandro H. Tengco: And as I said...

3128
03:33:21,080 --> 03:33:27,720
PAGCOR Chairman and CEO Alejandro H. Tengco: As I said, we have a current retirement fund of about 12 billion.

3129
03:33:27,720 --> 03:33:33,239
PAGCOR Chairman and CEO Alejandro H. Tengco: So, magkakaroon po ng positive later on, I'm sure, kahit papano.

3130
03:33:33,239 --> 03:33:35,760
Rep. Roberto Nazal: Because existing...

3131
03:33:35,760 --> 03:33:42,439
Rep. Roberto Nazal: Currently po, ang retirement fund ay nagkakahalaga ng mga 12 billion pesos cash in bank na po yun.

3132
03:33:42,439 --> 03:33:51,399
Rep. Roberto Nazal: But after all the expenses, all the retirement benefits and whatever you need to pay,

3133
03:33:51,399 --> 03:33:57,600
PAGCOR Chairman and CEO Alejandro H. Tengco: upon completion of the privatization, saan po initially dapat ilalagay yung windfall?

3134
03:33:57,600 --> 03:33:58,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Normally po yun.

3135
03:33:58,920 --> 03:34:00,160
PAGCOR Chairman and CEO Alejandro H. Tengco: Iri-remit?

3136
03:34:00,160 --> 03:34:03,359
Rep. Roberto Nazal: That becomes extraordinary income.

3137
03:34:03,359 --> 03:34:11,960
PAGCOR Chairman and CEO Alejandro H. Tengco: And that being so, we will be remitting 50% of that later on to the National Treasury.

3138
03:34:11,960 --> 03:34:15,601
PAGCOR Chairman and CEO Alejandro H. Tengco: Sana nga po, doon na lang sa kusyon ilagay and i-prioritize natin.

3139
03:34:15,601 --> 03:34:16,640
Rep. Roberto Nazal: Well, I think, again...

3140
03:34:16,640 --> 03:34:19,030
PAGCOR Chairman and CEO Alejandro H. Tengco: So that the UHC is prioritized, hindi po maapektuhan.

3141
03:34:20,160 --> 03:34:26,800
PAGCOR Chairman and CEO Alejandro H. Tengco: I'd like to thank you for your suggestion so that we can look into the matter, Your Honor.

3142
03:34:26,800 --> 03:34:27,760
Rep. Roberto Nazal: Thank you, Mr. Chair.

3143
03:34:27,760 --> 03:34:29,439
Rep. Roberto Nazal: Thank you to the PAGCOR family.

3144
03:34:29,439 --> 03:34:34,359
Rep. Roberto Nazal: And please expect your request to be delivered within 48 hours.

3145
03:34:34,359 --> 03:34:36,920
Rep. Roberto Nazal: Thank you, sir.

3146
03:34:36,920 --> 03:34:39,279
Rep. Roberto Nazal: Thank you, Mr. Chair.

3147
03:34:39,279 --> 03:34:41,800
Rep. Mikaela Angela B. Suansing: Thank you very much, Representative Nazal.

3148
03:34:41,800 --> 03:34:49,479
Rep. Mikaela Angela B. Suansing: As committed by Chair Al, like all the documentary requirements would be provided within 48 hours after the hearing.

3149
03:34:49,479 --> 03:34:50,601
PAGCOR Chairman and CEO Alejandro H. Tengco: We will do.

3150
03:34:50,601 --> 03:34:53,120
PAGCOR Chairman and CEO Alejandro H. Tengco: We will do that, Chairperson.

3151
03:34:53,120 --> 03:34:54,520
Rep. Mikaela Angela B. Suansing: Thank you very much, Chairman Albeca.

3152
03:34:54,520 --> 03:34:55,800
Rep. Mikaela Angela B. Suansing: Thank you, Chairman Al.

3153
03:34:55,800 --> 03:34:59,160
Rep. Mikaela Angela B. Suansing: Thank you, thank you, Representative Robert Nazal.

3154
03:34:59,160 --> 03:35:11,239
Rep. Mikaela Angela B. Suansing: We now move to our next interpellator, Representative Julienne “Jam” Baronda, also from the majority.

3155
03:35:11,239 --> 03:35:14,479
Rep. Julienne "Jam" L. Baronda: Thank you, Madam Chair.

3156
03:35:14,479 --> 03:35:23,120
Rep. Julienne "Jam" L. Baronda: This is more or less commendation of your accomplished, many things that you have accomplished.

3157
03:35:23,120 --> 03:35:31,319
Rep. Julienne "Jam" L. Baronda: Indeed, the men and women headed by, of course, our Chairman Tengco of PAGCOR.

3158
03:35:31,319 --> 03:35:45,800
Rep. Julienne "Jam" L. Baronda: It's not only good in managing PAGCOR, but at the same time, you're a good dancer, a good singer, sir, right?

3159
03:35:45,800 --> 03:35:50,479
Rep. Julienne "Jam" L. Baronda: So, but I would like to commend all of you for a job well done.

3160
03:35:50,479 --> 03:35:55,160
Rep. Julienne "Jam" L. Baronda: Despite and in spite the challenges you've been facing.

3161
03:35:55,160 --> 03:36:07,000
Rep. Julienne "Jam" L. Baronda: And especially with the recent decision of the Supreme Court, this would probably take more than almost 2 billion a year.

3162
03:36:07,000 --> 03:36:14,000
Rep. Julienne "Jam" L. Baronda: 3 billion a year, including your arrears for your almost 33 years.

3163
03:36:14,000 --> 03:36:16,000
Rep. Julienne "Jam" L. Baronda: Diba?

3164
03:36:16,000 --> 03:36:26,040
Rep. Julienne "Jam" L. Baronda: So, but with your initiative in partnering with the ICT, I believe you'd be able to.

3165
03:36:26,040 --> 03:36:28,600
Rep. Julienne "Jam" L. Baronda: Somehow, manage the losses.

3166
03:36:28,600 --> 03:36:40,520
Rep. Julienne "Jam" L. Baronda: Now, my only concern is, this is about the implementation of universal healthcare, which you've answered earlier.

3167
03:36:40,520 --> 03:36:53,640
Rep. Julienne "Jam" L. Baronda: I would just like to ask if you have this, like, 5-year contingency plan, how you'd be able to still support universal healthcare,

3168
03:36:53,640 --> 03:36:57,600
Rep. Julienne "Jam" L. Baronda: despite this.

3169
03:36:57,600 --> 03:37:03,640
Rep. Julienne "Jam" L. Baronda: This recent decision of Supreme Court.

3170
03:37:03,640 --> 03:37:23,122
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, first of all, salamat po sa recognition ninyo na ang PAGCOR po ay nakatutulong sa buong bansa at sa ating mga kababayan, despite all the challenges.

3171
03:37:23,122 --> 03:37:23,874
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes.

3172
03:37:23,874 --> 03:37:24,465
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah.

3173
03:37:24,465 --> 03:37:27,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Commitment po namin yan.

3174
03:37:27,000 --> 03:37:41,560
PAGCOR Chairman and CEO Alejandro H. Tengco: At sa abot na aming makakaya, we will continue to reach out to as many Filipinos as we can in the next few years that I am chairman and CEO of PAGCOR.

3175
03:37:41,560 --> 03:37:56,040
PAGCOR Chairman and CEO Alejandro H. Tengco: To answer your question, Your Honor, Congresswoman Jam, ang nakikita ko pong maliwanag na magaganap ay,

3176
03:37:56,040 --> 03:38:07,760
PAGCOR Chairman and CEO Alejandro H. Tengco: kung talaga pong natuloy ang decoupling slash privatization, malaki po ang magiging menos sa gastos ng PAGCOR.

3177
03:38:07,760 --> 03:38:17,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi man po ganung kalaki ang magiging revenue kung sakali magtuloy-tuloy itong challenges na mga kinaharap natin sa pangkasalukuyan.

3178
03:38:17,600 --> 03:38:24,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Iisa pong maliwanag, liliit po ng malaki ang gastos.

3179
03:38:24,080 --> 03:38:24,600
PAGCOR Chairman and CEO Alejandro H. Tengco: 5 billion.

3180
03:38:24,600 --> 03:38:33,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa personal lamang, at sa upa lamang, at sa pagbayad lamang ng utilities,

3181
03:38:33,080 --> 03:38:39,520
PAGCOR Chairman and CEO Alejandro H. Tengco: ay in-estimate po namin yan mga 15 billion piso sa isang daon.

3182
03:38:39,520 --> 03:38:47,439
PAGCOR Chairman and CEO Alejandro H. Tengco: Ibig sabihin po niyan, yung bottom figure ng PAGCOR ay mananatiling matatag,

3183
03:38:47,439 --> 03:38:50,319
PAGCOR Chairman and CEO Alejandro H. Tengco: mananatiling maayos.

3184
03:38:50,319 --> 03:38:54,520
PAGCOR Chairman and CEO Alejandro H. Tengco: And dahilan sa automatic na ang batas naman,

3185
03:38:54,520 --> 03:39:03,479
PAGCOR Chairman and CEO Alejandro H. Tengco: ay nakasaad doon, 50% ng kita ng PAGCOR ay pupunta sa national government.

3186
03:39:03,479 --> 03:39:09,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa paniniwala ko po, pag na-stabilize na po ang lahat ng ito,

3187
03:39:09,520 --> 03:39:15,600
PAGCOR Chairman and CEO Alejandro H. Tengco: tulad naman ng anong uri ng pagbabago, may tinatawag na period of adjustment.

3188
03:39:15,600 --> 03:39:20,439
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero pag naalpasa na po natin itong period of adjustment na ito,

3189
03:39:20,439 --> 03:39:26,151
PAGCOR Chairman and CEO Alejandro H. Tengco: natitiya ko po sa inyo, your honor,

3190
03:39:26,151 --> 03:39:26,880
PAGCOR Chairman and CEO Alejandro H. Tengco: natitiya.

3191
03:39:26,880 --> 03:39:35,479
PAGCOR Chairman and CEO Alejandro H. Tengco: At natitiya ko po sa inyo na magiging matatag po lalo ang financial health ng PAGCOR.

3192
03:39:35,479 --> 03:39:48,160
Rep. Julienne "Jam" L. Baronda: And that means, protektado po yung nakasaad sa batas na magsishare po tayo sa Universal Healthcare Fund.

3193
03:39:48,160 --> 03:39:53,239
Rep. Julienne "Jam" L. Baronda: With that, Madam Chair, I believe with the good leadership of Chairman Al,

3194
03:39:53,239 --> 03:39:57,239
Rep. Julienne "Jam" L. Baronda: we'd be able to deliver what is expected from you.

3195
03:39:57,239 --> 03:40:07,239
Rep. Julienne "Jam" L. Baronda: I would just like to commend especially your program with Integrated Resorts Foundation in Clark.

3196
03:40:07,239 --> 03:40:08,479
Rep. Julienne "Jam" L. Baronda: Yes.

3197
03:40:08,479 --> 03:40:16,439
Rep. Julienne "Jam" L. Baronda: In Western Visayas, Region 6, in Western Visayas Medical Center, it is our specialty hospital.

3198
03:40:16,439 --> 03:40:24,640
Rep. Julienne "Jam" L. Baronda: And alongside with Center JV, we expanded the hospital bed capacity from 420 to 700.

3199
03:40:24,640 --> 03:40:26,880
Rep. Julienne "Jam" L. Baronda: So if you've mentioned that POG,

3200
03:40:26,880 --> 03:40:36,920
Rep. Julienne "Jam" L. Baronda: we're supported with your partnership with the SED Foundation in construction of the Children's Hospital.

3201
03:40:36,920 --> 03:40:45,840
Rep. Julienne "Jam" L. Baronda: Now we are in need of the equipping of our cancer center at Western Visayas Medical Center.

3202
03:40:45,840 --> 03:40:56,673
Rep. Julienne "Jam" L. Baronda: If you would also consider helping us, LIAs us, with the Integrated Resorts Foundation.

3203
03:40:59,199 --> 03:41:01,607
PAGCOR Chairman and CEO Alejandro H. Tengco: Your honor, Congressman Jam.

3204
03:41:01,607 --> 03:41:12,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa harapan pong to, kinukumit ko po, kami ay susuporta at magdudonate ng medical equipment dun sa expanded hospital ninyo.

3205
03:41:12,960 --> 03:41:18,359
PAGCOR Chairman and CEO Alejandro H. Tengco: Tulad ng ginawa namin dito sa specialty hospital sa Central Luzon,

3206
03:41:18,359 --> 03:41:25,520
PAGCOR Chairman and CEO Alejandro H. Tengco: I don't think problema naman na hanggang Western Visayas ay makatulong din kami.

3207
03:41:25,520 --> 03:41:26,800
PAGCOR Chairman and CEO Alejandro H. Tengco: So, mangyari...

3208
03:41:26,800 --> 03:41:49,279
PAGCOR Chairman and CEO Alejandro H. Tengco: Nangyari pong umupo tayo at nang sa ganun mapag-usapan natin sa tulong ni dating Congresswoman Nialla Aguinaldo kung paano kami makakatulong dito sa expanded medical specialty hospital ninyo sa Western Visayas.

3209
03:41:49,279 --> 03:41:50,560
Rep. Julienne "Jam" L. Baronda: Umasa po kayo ron?

3210
03:41:50,560 --> 03:41:56,279
Rep. Julienne "Jam" L. Baronda: Chair, actually parang nabuhayan ako nung nakita ko si former Congresswoman Nialla Aguinaldo.

3211
03:41:56,279 --> 03:42:02,399
Rep. Julienne "Jam" L. Baronda: I hope she can be of help to us, hindi lang sa akin but buong Pilipinas.

3212
03:42:02,399 --> 03:42:18,040
Rep. Julienne "Jam" L. Baronda: Actually po, with the recent shooting in Zamboanga, and one of the persons, one of the person involved is may problema.

3213
03:42:18,040 --> 03:42:19,000
Rep. Julienne "Jam" L. Baronda: Diba, may problema.

3214
03:42:19,000 --> 03:42:22,840
Rep. Julienne "Jam" L. Baronda: So he needs special care.

3215
03:42:22,840 --> 03:42:28,960
Rep. Julienne "Jam" L. Baronda: So sa DepEd, especially sa mga spread.

3216
03:42:28,960 --> 03:42:38,520
Rep. Julienne "Jam" L. Baronda: At ISEC na schools, wala po tayong massive support for children with special needs.

3217
03:42:38,520 --> 03:42:53,399
Rep. Julienne "Jam" L. Baronda: Baka pwede nyo po makonsider kasi really need your support, especially by providing equipment in their respective schools at the same time building.

3218
03:42:53,399 --> 03:42:57,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi iba ang requirement ng children.

3219
03:42:57,920 --> 03:42:59,520
PAGCOR Chairman and CEO Alejandro H. Tengco: With special needs.

3220
03:42:59,520 --> 03:43:05,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Baka makonsider nyo ito, Mr. Chair.

3221
03:43:05,560 --> 03:43:08,159
PAGCOR Chairman and CEO Alejandro H. Tengco: Again, it's a laudable project.

3222
03:43:08,159 --> 03:43:16,560
PAGCOR Chairman and CEO Alejandro H. Tengco: So definitely, Your Honor, Congresswoman Jam, we will be considering this.

3223
03:43:16,560 --> 03:43:25,600
Rep. Julienne "Jam" L. Baronda: And may I suggest that it form part of the agenda in our meeting with former Congresswoman Nialla Aguinaldo.

3224
03:43:25,600 --> 03:43:26,159
Rep. Julienne "Jam" L. Baronda: Thank you po.

3225
03:43:26,159 --> 03:43:29,840
Rep. Julienne "Jam" L. Baronda: I will coordinate with Secretary Angara.

3226
03:43:29,840 --> 03:43:43,120
Rep. Julienne "Jam" L. Baronda: For him to provide list of the regions that needed special care and attention when it comes to your support for children with special needs.

3227
03:43:43,120 --> 03:43:51,479
Rep. Julienne "Jam" L. Baronda: Lastly po, please know that I would always be very supportive of the programming endeavor of PAGCOR.

3228
03:43:51,479 --> 03:43:59,399
Rep. Julienne "Jam" L. Baronda: And I would like also to commend PAGCOR for having this PAGCOR Dakila Awards for...

3229
03:43:59,399 --> 03:44:02,040
Rep. Julienne "Jam" L. Baronda: Women in every Women's Month.

3230
03:44:02,040 --> 03:44:10,960
Rep. Julienne "Jam" L. Baronda: And last year, you've awarded several women in power because of their services.

3231
03:44:10,960 --> 03:44:30,439
Rep. Julienne "Jam" L. Baronda: Ang tanong ko lang po, kung ano ang mga requirements, ano po yung mga indicators for us to give awards for different...

3232
03:44:30,439 --> 03:44:39,159
PAGCOR Chairman and CEO Alejandro H. Tengco: Public servants, not only the local, but also in the national level.

3233
03:44:39,159 --> 03:44:47,199
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo, ma'am, actually it's a program extended or implemented because of the requirements of the GAD law.

3234
03:44:47,199 --> 03:44:48,760
PAGCOR Chairman and CEO Alejandro H. Tengco: And I'm...

3235
03:44:48,760 --> 03:45:13,760
PAGCOR Chairman and CEO Alejandro H. Tengco: I'll be very honest, I am not privy to the details, but as I had mentioned to you earlier, I will be in discussions with the person in charge and ask her all the questions and maybe I will ask her to get in touch with you so we can clear and clarify everything regarding this project.

3236
03:45:13,760 --> 03:45:31,720
Rep. Julienne "Jam" L. Baronda: Well, I just wanted to make sure that this program will be long-term in nature. At the same time, can we not only include women in government, but of course, especially for our supporters from private sectors.

3237
03:45:31,720 --> 03:45:44,238
Rep. Julienne "Jam" L. Baronda: Again, thank you so much, PAGCOR family. I look forward to working and collaborating with you in providing best healthcare for our Filipino people. God bless.

3238
03:45:44,238 --> 03:46:12,032
PAGCOR Chairman and CEO Alejandro H. Tengco: Thank you so much, your honor, for your suggestions. I really like the suggestion on the special children. So, PAGCOR has not yet had any projects. And I think this will be an opportunity for PAGCOR to touch the lives and the families of these special children. So, we will seriously look into this matter.

3239
03:46:12,032 --> 03:46:13,960
Rep. Julienne "Jam" L. Baronda: Thank you so much.

3240
03:46:13,960 --> 03:46:42,319
Rep. Julienne "Jam" L. Baronda: Because in Iloilo City alone, there are more than 500 children who are being initially diagnosed with special needs. So, in the whole of the Philippines, how many are there? And remember, the person involved in some buwanga is also someone that needs special attention. So, with this, I believe more people will be able to help. Thank you again, Chairman.

3241
03:46:42,319 --> 03:46:45,399
PAGCOR Chairman and CEO Alejandro H. Tengco: Thank you, your honor.

3242
03:46:45,399 --> 03:46:51,920
Rep. Mikaela Angela B. Suansing: Thank you, Representative Jam Baronda. Next to interpellate from the minority, Representative Bong Suntay.

3243
03:46:51,920 --> 03:47:23,319
Rep. Jesus "Bong" C. Suntay: Thank you very much, Madam Chair.

3244
03:47:23,319 --> 03:47:33,199
Rep. Jesus "Bong" C. Suntay: Thank you very much, sir.

3245
03:47:33,199 --> 03:47:44,960
Rep. Jesus "Bong" C. Suntay: So, the earnings of PAGCOR come from casino funds.

3246
03:47:44,960 --> 03:47:54,120
Rep. Jesus "Bong" C. Suntay: Filipino operations, licensed casinos, digital gaming, e-games, and non-gaming income.

3247
03:47:54,120 --> 03:48:01,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Now, when it comes to casino Filipino operations, because the data that I have is past 2024,

3248
03:48:01,319 --> 03:48:08,840
PAGCOR Chairman and CEO Alejandro H. Tengco: how much is the income of PAGCOR from casino Filipino operations for 2026?

3249
03:48:08,840 --> 03:48:17,040
PAGCOR Chairman and CEO Alejandro H. Tengco: For 2026, we're projecting gross gaming revenue to be down to about Php 10 billion.

3250
03:48:17,040 --> 03:48:24,880
Rep. Jesus "Bong" C. Suntay: So from Php 12.6 million in 2024, now it's Php 10 billion?

3251
03:48:24,880 --> 03:48:28,880
PAGCOR Chairman and CEO Alejandro H. Tengco: That's high. I project to hit between Php 9 billion and Php 10 billion only.

3252
03:48:28,880 --> 03:48:32,520
Rep. Jesus "Bong" C. Suntay: Now, how much is the income of casino Filipino operations?

3253
03:48:32,520 --> 03:48:35,439
Rep. Jesus "Bong" C. Suntay: I think it's 38 billion.

3254
03:48:35,439 --> 03:48:36,359
Rep. Jesus "Bong" C. Suntay: 38?

3255
03:48:36,359 --> 03:48:36,895
Rep. Jesus "Bong" C. Suntay: 38?

3256
03:48:36,895 --> 03:48:41,880
Rep. Jesus "Bong" C. Suntay: Can you get it?

3257
03:48:41,880 --> 03:48:50,520
PAGCOR Chairman and CEO Alejandro H. Tengco: We will be sending also the committee to the casino Filipino list of our casino Filipino properties.

3258
03:48:50,520 --> 03:48:58,520
Rep. Jesus "Bong" C. Suntay: Now, and with regards to the licensed casino operations, how much was the revenue for 2026?

3259
03:48:58,520 --> 03:49:00,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Projected revenue for 2026?

3260
03:49:00,000 --> 03:49:06,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Projected revenue for 2026 of licensed casinos excluding casino Filipino.

3261
03:49:06,800 --> 03:49:08,520
PAGCOR Chairman and CEO Alejandro H. Tengco: No, the licensed one.

3262
03:49:08,520 --> 03:49:11,080
PAGCOR Chairman and CEO Alejandro H. Tengco: It's the private one.

3263
03:49:11,080 --> 03:49:15,640
Rep. Jesus "Bong" C. Suntay: We're looking at about Php 31, Php 31.5 billion.

3264
03:49:15,640 --> 03:49:19,880
Rep. Jesus "Bong" C. Suntay: Php 31.5. So it's also down from Php 33 in 2024.

3265
03:49:19,880 --> 03:49:22,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, sir. Yes, Your Honor. Sorry.

3266
03:49:22,520 --> 03:49:31,239
PAGCOR Chairman and CEO Alejandro H. Tengco: Now, for digital, can I also have a list of our private casinos and the respective revenues coming from each?

3267
03:49:31,239 --> 03:49:34,640
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, what Your Honor, we can do is send the committee.

3268
03:49:34,640 --> 03:49:46,880
Rep. Jesus "Bong" C. Suntay: We can send the committee a complete list in detail of our revenue coming from licensed casinos, from casino Filipino, and from online gaming.

3269
03:49:46,880 --> 03:49:47,359
Rep. Jesus "Bong" C. Suntay: Okay.

3270
03:49:47,359 --> 03:49:52,760
PAGCOR Chairman and CEO Alejandro H. Tengco: These are the three major revenue drivers of PAGCOR today, Your Honor.

3271
03:49:52,760 --> 03:49:59,800
Rep. Jesus "Bong" C. Suntay: Okay. Now, for digital e-games, how much is the projected revenue for 2026?

3272
03:49:59,800 --> 03:50:04,880
Rep. Jesus "Bong" C. Suntay: The projected revenue for 2026 is Php 38 billion.

3273
03:50:04,880 --> 03:50:06,960
Rep. Jesus "Bong" C. Suntay: Php 38 to 40 billion.

3274
03:50:06,960 --> 03:50:08,279
Rep. Jesus "Bong" C. Suntay: Php 38 to 40 billion.

3275
03:50:08,279 --> 03:50:15,132
Rep. Jesus "Bong" C. Suntay: But the highest revenue generator would now be digital e-games.

3276
03:50:15,132 --> 03:50:27,080
Rep. Jesus "Bong" C. Suntay: Although as I have already mentioned earlier, now the trend is that licensed casinos are gradually surpassing online gaming.

3277
03:50:27,080 --> 03:50:42,439
Rep. Jesus "Bong" C. Suntay: Now, regarding this development, do you consider this a positive development or a source of concern na yung revenue ng PAGCOR comes heavily from e-games or online gaming?

3278
03:50:42,439 --> 03:50:49,399
Rep. Jesus "Bong" C. Suntay: Actually, sa amin pong pag-aaral, it is both plus and minus.

3279
03:50:49,399 --> 03:51:10,803
PAGCOR Chairman and CEO Alejandro H. Tengco: Plus in the sense na kung wala po ito, lalong hirap na hirap na ang PAGCOR sa pangkasalukuyan dahil pataas po yung gastos at napakalaki ng sweldo ng mga empleyado. So kung hindi po dumating yung online gaming, malaki na po ang problema ng PAGCOR sa pangkasalukuyan.

3280
03:51:10,803 --> 03:51:17,520
PAGCOR Chairman and CEO Alejandro H. Tengco: If online gaming does not come, the problem of PAGCOR in the present is already big.

3281
03:51:17,520 --> 03:51:37,720
PAGCOR Chairman and CEO Alejandro H. Tengco: But a minus because I'm concerned that the big licensees are also seeing a decline in revenue.

3282
03:51:37,720 --> 03:51:41,680
PAGCOR Chairman and CEO Alejandro H. Tengco: It's just one full circle.

3283
03:51:41,680 --> 03:51:45,760
PAGCOR Chairman and CEO Alejandro H. Tengco: There's a time when it's really low, there's a time when it's going to rise again.

3284
03:51:45,760 --> 03:51:57,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Like what we all saw, when we had a problem with COVID, when we had the pandemic,

3285
03:51:57,319 --> 03:52:00,120
PAGCOR Chairman and CEO Alejandro H. Tengco: the income of licensed casinos really increased.

3286
03:52:00,120 --> 03:52:06,439
PAGCOR Chairman and CEO Alejandro H. Tengco: But when it recovered, it rebelled.

3287
03:52:06,439 --> 03:52:12,239
PAGCOR Chairman and CEO Alejandro H. Tengco: The revenue of this really increased.

3288
03:52:12,239 --> 03:52:15,479
PAGCOR Chairman and CEO Alejandro H. Tengco: Now, because of all these problems we are encountering,

3289
03:52:15,479 --> 03:52:22,228
PAGCOR Chairman and CEO Alejandro H. Tengco: the Middle East crisis, the economic backlash in the world,

3290
03:52:22,228 --> 03:52:31,088
PAGCOR Chairman and CEO Alejandro H. Tengco: it looks like the revenue of licensed casinos is going to drop.

3291
03:52:31,088 --> 03:52:35,640
PAGCOR Chairman and CEO Alejandro H. Tengco: But like the historical data I'm reading,

3292
03:52:35,640 --> 03:52:39,920
PAGCOR Chairman and CEO Alejandro H. Tengco: all the 40, almost 45 years of PAGCOR,

3293
03:52:39,920 --> 03:52:43,861
PAGCOR Chairman and CEO Alejandro H. Tengco: its revenue really has a cycle.

3294
03:52:43,861 --> 03:52:51,520
PAGCOR Chairman and CEO Alejandro H. Tengco: However, we can't really avoid not accepting online gaming

3295
03:52:51,520 --> 03:52:55,800
PAGCOR Chairman and CEO Alejandro H. Tengco: because digital advances in technology are already dictating.

3296
03:52:55,800 --> 03:53:01,040
PAGCOR Chairman and CEO Alejandro H. Tengco: Plus, the whole world, including the United Arab Emirates,

3297
03:53:01,040 --> 03:53:05,439
PAGCOR Chairman and CEO Alejandro H. Tengco: can you imagine, will already be given a license by 2027.

3298
03:53:05,439 --> 03:53:07,600
PAGCOR Chairman and CEO Alejandro H. Tengco: For online gaming.

3299
03:53:07,600 --> 03:53:15,520
PAGCOR Chairman and CEO Alejandro H. Tengco: The countries in Europe, there are already a lot of people announcing that they will also be given a license for online gaming.

3300
03:53:15,520 --> 03:53:21,759
Rep. Jesus "Bong" C. Suntay: So, if we don't worry about this and just let it go,

3301
03:53:21,759 --> 03:53:26,447
Rep. Jesus "Bong" C. Suntay: there's a lot of loss in our revenue for our government.

3302
03:53:26,447 --> 03:53:27,856
Rep. Jesus "Bong" C. Suntay: Your Honor.

3303
03:53:27,856 --> 03:53:29,120
Rep. Jesus "Bong" C. Suntay: I have a question.

3304
03:53:29,120 --> 03:53:32,159
Rep. Jesus "Bong" C. Suntay: Because while the concern of others,

3305
03:53:32,159 --> 03:53:35,327
Rep. Jesus "Bong" C. Suntay: while their concern is the dwindling revenue,

3306
03:53:35,327 --> 03:53:37,319
Rep. Jesus "Bong" C. Suntay: the dwindling revenue of PAGCOR,

3307
03:53:37,319 --> 03:53:39,560
Rep. Jesus "Bong" C. Suntay: my concern is different.

3308
03:53:39,560 --> 03:53:44,040
Rep. Jesus "Bong" C. Suntay: Where will the revenue of PAGCOR come from?

3309
03:53:44,040 --> 03:53:48,239
Rep. Jesus "Bong" C. Suntay: Because, as you mentioned earlier,

3310
03:53:48,239 --> 03:53:50,013
Rep. Jesus "Bong" C. Suntay: online gaming is increasing.

3311
03:53:50,013 --> 03:53:53,039
Rep. Jesus "Bong" C. Suntay: You also mentioned earlier, Chairman Al,

3312
03:53:53,039 --> 03:53:58,600
Rep. Jesus "Bong" C. Suntay: that usually, the one who plays online games comes from CDE.

3313
03:53:58,600 --> 03:54:02,399
Rep. Jesus "Bong" C. Suntay: So, it means, that's where the money will come from.

3314
03:54:02,399 --> 03:54:06,279
Rep. Jesus "Bong" C. Suntay: And then we are spending, well, you are giving,

3315
03:54:06,279 --> 03:54:07,279
Rep. Jesus "Bong" C. Suntay: what?

3316
03:54:07,279 --> 03:54:16,120
Rep. Jesus "Bong" C. Suntay: How much did you give for the share for the social programs of the President?

3317
03:54:16,120 --> 03:54:21,960
Rep. Jesus "Bong" C. Suntay: And also, the one you are using for social outreach?

3318
03:54:21,960 --> 03:54:23,680
Rep. Jesus "Bong" C. Suntay: How many percent?

3319
03:54:23,680 --> 03:54:25,920
Rep. Jesus "Bong" C. Suntay: How many billion?

3320
03:54:25,920 --> 03:54:29,439
PAGCOR Chairman and CEO Alejandro H. Tengco: A billion for social outreach.

3321
03:54:29,439 --> 03:54:35,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Maybe in one year, there will be a decrease of about 15 million.

3322
03:54:35,080 --> 03:54:36,680
PAGCOR Chairman and CEO Alejandro H. Tengco: 15 to 18 billion.

3323
03:54:36,680 --> 03:54:38,760
Rep. Jesus "Bong" C. Suntay: 15 to 18 billion.

3324
03:54:38,760 --> 03:54:44,927
Rep. Jesus "Bong" C. Suntay: So, isn't it ironic that the one who is in charge of online gaming

3325
03:54:44,927 --> 03:54:47,736
Rep. Jesus "Bong" C. Suntay: is getting money from CDE,

3326
03:54:47,736 --> 03:54:53,080
Rep. Jesus "Bong" C. Suntay: and then we will release money for social projects

3327
03:54:53,080 --> 03:54:55,760
Rep. Jesus "Bong" C. Suntay: in the amount of about 18 billion,

3328
03:54:55,760 --> 03:55:00,093
Rep. Jesus "Bong" C. Suntay: not to mention the President's Social Fund also,

3329
03:55:00,093 --> 03:55:02,199
Rep. Jesus "Bong" C. Suntay: which is also being used there,

3330
03:55:02,199 --> 03:55:04,055
Rep. Jesus "Bong" C. Suntay: also to help the CDE.

3331
03:55:04,055 --> 03:55:08,520
Rep. Jesus "Bong" C. Suntay: The people who are also getting money,

3332
03:55:08,520 --> 03:55:09,540
Rep. Jesus "Bong" C. Suntay: the same class of people,

3333
03:55:09,540 --> 03:55:12,439
Rep. Jesus "Bong" C. Suntay: where the money is also coming from.

3334
03:55:12,439 --> 03:55:15,840
Rep. Jesus "Bong" C. Suntay: That's why, that's the cause of my concern.

3335
03:55:15,840 --> 03:55:24,800
Rep. Jesus "Bong" C. Suntay: Because fundamentally, the architectural framework of online gaming is different.

3336
03:55:24,800 --> 03:55:31,199
Rep. Jesus "Bong" C. Suntay: Unlike physical casinos, there are also physical barriers.

3337
03:55:31,199 --> 03:55:33,079
Rep. Jesus "Bong" C. Suntay: Before you can enter,

3338
03:55:33,079 --> 03:55:38,920
Rep. Jesus "Bong" C. Suntay: you will see if you are young, if you are poor, if you have money,

3339
03:55:38,920 --> 03:55:42,199
Rep. Jesus "Bong" C. Suntay: unlike online gaming.

3340
03:55:42,199 --> 03:55:46,894
Rep. Jesus "Bong" C. Suntay: In fact, this was the same question that I asked PAGCOR during the 18th Congress,

3341
03:55:46,894 --> 03:55:49,439
Rep. Jesus "Bong" C. Suntay: when they allowed E-Sabong.

3342
03:55:49,439 --> 03:55:51,199
Rep. Jesus "Bong" C. Suntay: I could not understand why,

3343
03:55:51,199 --> 03:55:55,640
Rep. Jesus "Bong" C. Suntay: during the time when the economy was closed,

3344
03:55:55,640 --> 03:55:57,260
Rep. Jesus "Bong" C. Suntay: there was a lockdown,

3345
03:55:57,260 --> 03:56:01,479
Rep. Jesus "Bong" C. Suntay: the Filipinos were unable to work,

3346
03:56:01,479 --> 03:56:03,721
Rep. Jesus "Bong" C. Suntay: the government allowed the program,

3347
03:56:03,721 --> 03:56:09,080
Rep. Jesus "Bong" C. Suntay: the government allowed the proliferation of E-Sabong.

3348
03:56:09,080 --> 03:56:14,239
Rep. Jesus "Bong" C. Suntay: The security guards, the children, the people without money.

3349
03:56:14,239 --> 03:56:23,319
Rep. Jesus "Bong" C. Suntay: So, isn't it important that before we open or expand online gaming,

3350
03:56:23,319 --> 03:56:27,840
PAGCOR Chairman and CEO Alejandro H. Tengco: we have to strengthen first our regulatory powers

3351
03:56:27,840 --> 03:56:30,653
PAGCOR Chairman and CEO Alejandro H. Tengco: on how to police

3352
03:56:30,653 --> 03:56:36,399
PAGCOR Chairman and CEO Alejandro H. Tengco: those who are playing games?

3353
03:56:36,399 --> 03:56:39,159
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, I totally agree with you,

3354
03:56:39,159 --> 03:56:41,720
PAGCOR Chairman and CEO Alejandro H. Tengco: with your comments.

3355
03:56:41,720 --> 03:56:45,000
PAGCOR Chairman and CEO Alejandro H. Tengco: But unfortunately,

3356
03:56:45,000 --> 03:56:48,346
PAGCOR Chairman and CEO Alejandro H. Tengco: advances in technology are too fast

3357
03:56:48,346 --> 03:56:50,657
PAGCOR Chairman and CEO Alejandro H. Tengco: that we cannot not follow suit.

3358
03:56:50,657 --> 03:56:53,439
PAGCOR Chairman and CEO Alejandro H. Tengco: Because what will happen, Your Honor,

3359
03:56:53,439 --> 03:56:57,439
PAGCOR Chairman and CEO Alejandro H. Tengco: if we don't follow suit,

3360
03:56:57,439 --> 03:57:00,080
PAGCOR Chairman and CEO Alejandro H. Tengco: it will be illegal for the technology to flourish.

3361
03:57:00,080 --> 03:57:03,917
PAGCOR Chairman and CEO Alejandro H. Tengco: Because the illegals are the ones who are saddened.

3362
03:57:03,917 --> 03:57:05,305
PAGCOR Chairman and CEO Alejandro H. Tengco: There are no illegals here in the Philippines.

3363
03:57:05,305 --> 03:57:07,840
PAGCOR Chairman and CEO Alejandro H. Tengco: We are being targeted outside.

3364
03:57:07,840 --> 03:57:15,114
PAGCOR Chairman and CEO Alejandro H. Tengco: So, I understand what you are saying.

3365
03:57:15,114 --> 03:57:20,991
PAGCOR Chairman and CEO Alejandro H. Tengco: But we cannot continue to fight for the present.

3366
03:57:20,991 --> 03:57:24,157
PAGCOR Chairman and CEO Alejandro H. Tengco: Because we will eat the illegals.

3367
03:57:24,157 --> 03:57:25,600
PAGCOR Chairman and CEO Alejandro H. Tengco: The illegals are continuing.

3368
03:57:25,600 --> 03:57:33,399
PAGCOR Chairman and CEO Alejandro H. Tengco: That's why Congressman Ryan mentioned earlier that the place we closed that he requested is now open again.

3369
03:57:33,399 --> 03:57:42,040
PAGCOR Chairman and CEO Alejandro H. Tengco: So, no matter how hard it is, we need to look at what you are saying.

3370
03:57:42,040 --> 03:57:50,254
PAGCOR Chairman and CEO Alejandro H. Tengco: At the same time, we need to do the same with our online gaming.

3371
03:57:50,254 --> 03:57:54,760
PAGCOR Chairman and CEO Alejandro H. Tengco: Because if not, we will eat our lives.

3372
03:57:54,760 --> 03:57:59,520
PAGCOR Chairman and CEO Alejandro H. Tengco: So, I totally agree with you, Your Honor.

3373
03:57:59,520 --> 03:58:01,840
PAGCOR Chairman and CEO Alejandro H. Tengco: We are doing whatever we can.

3374
03:58:01,840 --> 03:58:10,479
PAGCOR Chairman and CEO Alejandro H. Tengco: We are strengthening our structures and our online gaming guidelines, rules and regulations.

3375
03:58:10,479 --> 03:58:16,680
PAGCOR Chairman and CEO Alejandro H. Tengco: We are updating it on a regular basis based on market trends.

3376
03:58:16,680 --> 03:58:22,680
PAGCOR Chairman and CEO Alejandro H. Tengco: But unfortunately, we also have to...

3377
03:58:22,680 --> 03:58:28,338
PAGCOR Chairman and CEO Alejandro H. Tengco: go head-to-head with the online gaming industry.

3378
03:58:28,338 --> 03:58:36,321
Rep. Jesus "Bong" C. Suntay: Because if we do not follow this, we will not be able to catch up with the illegal operators

3379
03:58:36,321 --> 03:58:41,600
Rep. Jesus "Bong" C. Suntay: who are constantly harassing our fellow citizens.

3380
03:58:41,600 --> 03:58:42,640
Rep. Jesus "Bong" C. Suntay: Yes, Chairman Alf.

3381
03:58:42,640 --> 03:58:44,080
Rep. Jesus "Bong" C. Suntay: I totally agree with you.

3382
03:58:44,080 --> 03:58:46,439
Rep. Jesus "Bong" C. Suntay: In fact, I'm not against online gaming.

3383
03:58:46,439 --> 03:58:48,279
Rep. Jesus "Bong" C. Suntay: What I'm saying is...

3384
03:58:48,279 --> 03:58:51,399
Rep. Jesus "Bong" C. Suntay: What I'm against is...

3385
03:58:51,399 --> 03:59:00,479
Rep. Jesus "Bong" C. Suntay: How can we properly police the people who play online games?

3386
03:59:00,479 --> 03:59:02,520
Rep. Jesus "Bong" C. Suntay: How do we police them?

3387
03:59:02,520 --> 03:59:06,080
Rep. Jesus "Bong" C. Suntay: Whether they're minors, whether they come from the...

3388
03:59:06,080 --> 03:59:07,720
Rep. Jesus "Bong" C. Suntay: That's what you're saying.

3389
03:59:07,720 --> 03:59:10,560
Rep. Jesus "Bong" C. Suntay: We know that it comes from CDE.

3390
03:59:10,560 --> 03:59:15,373
Rep. Jesus "Bong" C. Suntay: And to allow them to continue to gamble...

3391
03:59:15,373 --> 03:59:17,973
Rep. Jesus "Bong" C. Suntay: There's always a complaint.

3392
03:59:17,973 --> 03:59:19,487
Rep. Jesus "Bong" C. Suntay: There's a shortage of medicine to buy.

3393
03:59:19,487 --> 03:59:21,227
Rep. Jesus "Bong" C. Suntay: There's a shortage of food to buy.

3394
03:59:21,227 --> 03:59:23,160
Rep. Jesus "Bong" C. Suntay: There's a shortage of electricity to pay.

3395
03:59:23,160 --> 03:59:25,960
Rep. Jesus "Bong" C. Suntay: There's a shortage of education for the children.

3396
03:59:25,960 --> 03:59:32,600
Rep. Jesus "Bong" C. Suntay: But usually, as your data would show...

3397
03:59:32,600 --> 03:59:37,880
Rep. Jesus "Bong" C. Suntay: They are usually the customers of online gaming sites.

3398
03:59:37,880 --> 03:59:40,840
Rep. Jesus "Bong" C. Suntay: And I think...

3399
03:59:40,840 --> 03:59:45,720
Rep. Jesus "Bong" C. Suntay: We have to concentrate first on how to properly police these people.

3400
03:59:45,720 --> 03:59:47,120
Rep. Jesus "Bong" C. Suntay: Otherwise...

3401
03:59:47,120 --> 03:59:51,760
Rep. Jesus "Bong" C. Suntay: Kawawa naman yung walang mangyayari sa bansa natin.

3402
03:59:51,760 --> 03:59:58,560
Rep. Jesus "Bong" C. Suntay: In fact, the reason why, for example, in China, why they have restricted gambling,

3403
03:59:58,560 --> 04:00:11,600
Rep. Jesus "Bong" C. Suntay: kasi ayaw nilang nagsusugal yung mga insek, masusto nilang magtrabaho yung mga kanilang mga citizens.

3404
04:00:11,600 --> 04:00:19,600
Rep. Jesus "Bong" C. Suntay: And dito sa atin nga, what are the concrete steps that we have tried to take?

3405
04:00:19,600 --> 04:00:29,120
Rep. Jesus "Bong" C. Suntay: I understand that technology is evolving very fast, but we're not doing anything.

3406
04:00:29,120 --> 04:00:40,399
Rep. Jesus "Bong" C. Suntay: Walang pinagkaiba yan. Naalala ko nung tinesting ng gobyerno yung online na motorcycle na sinabi nila,

3407
04:00:40,399 --> 04:00:41,439
Rep. Jesus "Bong" C. Suntay: hindi, kayaan muna.

3408
04:00:41,439 --> 04:00:45,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Kayaan natin sila mag-operate without having a regulatory framework.

3409
04:00:45,960 --> 04:00:51,800
PAGCOR Chairman and CEO Alejandro H. Tengco: By the time na ang dami nang nandun sa platform, hindi na nila kayang i-regulate.

3410
04:00:51,800 --> 04:00:57,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Baka ganyan din yung mangyayari sa atin.

3411
04:00:57,920 --> 04:01:08,199
Rep. Jesus "Bong" C. Suntay: I can only answer that I guess we just have to look into it and see how we can strengthen the structures at the same time.

3412
04:01:08,199 --> 04:01:14,120
Rep. Jesus "Bong" C. Suntay: Well, yun lang Madam Chair. I hope we really look into it and come up with ways to,

3413
04:01:14,120 --> 04:01:23,760
Rep. Jesus "Bong" C. Suntay: to properly regulate it bago, bago ano, bago dumating sa size na hindi na natin kayang kontrolin talaga.

3414
04:01:23,760 --> 04:01:25,680
Rep. Mikaela Angela B. Suansing: Thank you very much, Chair.

3415
04:01:25,680 --> 04:01:26,840
Rep. Mikaela Angela B. Suansing: Thank you.

3416
04:01:26,840 --> 04:01:29,399
Rep. Mikaela Angela B. Suansing: Thank you, Representative Bong Sunday.

3417
04:01:29,399 --> 04:01:34,239
Rep. Mikaela Angela B. Suansing: Our next interpellator, Representative Mica Gonzales.

3418
04:01:34,239 --> 04:01:36,399
Rep. Alyssa Michaela "Mica" M. Gonzales: Thank you, Madam Chair.

3419
04:01:36,399 --> 04:01:43,359
Rep. Alyssa Michaela "Mica" M. Gonzales: So I think, Chairman Al, I think you feel the sentiment of our colleagues is to protect

3420
04:01:43,359 --> 04:01:47,560
Rep. Alyssa Michaela "Mica" M. Gonzales: the Filipino people from excessive gambling, di ba po?

3421
04:01:47,560 --> 04:01:56,399
Rep. Alyssa Michaela "Mica" M. Gonzales: So in relating to that, I would like to ask, kasi ba, from the previous committee hearings of the Ames and Amusement here in the House,

3422
04:01:56,399 --> 04:02:02,760
Rep. Alyssa Michaela "Mica" M. Gonzales: I asked regarding setting a cap or setting a limit per user.

3423
04:02:02,760 --> 04:02:09,640
Rep. Alyssa Michaela "Mica" M. Gonzales: For example, meron tayong online gaming and meron tayong user na player.

3424
04:02:09,640 --> 04:02:13,159
Rep. Alyssa Michaela "Mica" M. Gonzales: I asked them previously kung sino ba nasa set.

3425
04:02:13,159 --> 04:02:20,880
Rep. Alyssa Michaela "Mica" M. Gonzales: Nang cap or nang maximum bet nila per day or I don't know how we should call it, no?

3426
04:02:20,880 --> 04:02:25,600
Rep. Alyssa Michaela "Mica" M. Gonzales: Wala pala tayong sineset na cap per player.

3427
04:02:25,600 --> 04:02:37,439
PAGCOR Chairman and CEO Alejandro H. Tengco: So I would like to ask if up until now po, wala pa rin po ba kayong sineset na cap or limit per player in a day or in a week?

3428
04:02:37,439 --> 04:02:39,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa ngayon po, wala.

3429
04:02:39,920 --> 04:02:42,800
PAGCOR Chairman and CEO Alejandro H. Tengco: I'd be very candid and honest about it.

3430
04:02:42,800 --> 04:02:55,120
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, we have not set, but I believe in the online gaming law that is being proposed,

3431
04:02:55,120 --> 04:03:04,640
PAGCOR Chairman and CEO Alejandro H. Tengco: there will be an inclusion of these caps, whether caps on deposits and caps of gaming activity.

3432
04:03:04,640 --> 04:03:06,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, because...

3433
04:03:06,080 --> 04:03:13,359
Rep. Alyssa Michaela "Mica" M. Gonzales: Yun po ang, Your Honor, yun po ang gustong patunguan.

3434
04:03:13,359 --> 04:03:19,880
Rep. Alyssa Michaela "Mica" M. Gonzales: Nang parehong committee sa Senado, gayon din sa Kongreso, para po ma-address yung binabanggit ninyo.

3435
04:03:19,880 --> 04:03:22,120
Rep. Alyssa Michaela "Mica" M. Gonzales: Your Honor.

3436
04:03:22,120 --> 04:03:23,479
Rep. Alyssa Michaela "Mica" M. Gonzales: Thank you, Madam Chair.

3437
04:03:23,479 --> 04:03:26,479
Rep. Alyssa Michaela "Mica" M. Gonzales: Next question po.

3438
04:03:26,479 --> 04:03:36,239
Rep. Alyssa Michaela "Mica" M. Gonzales: Since it was also opened na yung online gaming is mas madali, is more accessible compared to, you know, going to a casino, you know, playing there.

3439
04:03:36,239 --> 04:03:43,120
Rep. Alyssa Michaela "Mica" M. Gonzales: And we all know that government employees are not allowed to play sa casino.

3440
04:03:43,120 --> 04:03:52,319
Rep. Alyssa Michaela "Mica" M. Gonzales: And do we have, sa online gaming po ba, how can they detect na, oh, ito, ano to, polis to, oh, ito, they work for the government.

3441
04:03:52,319 --> 04:04:03,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Mayroon po ba tayong mechanism to ensure that government employees will not and are not allowed to play, even if it's online gaming?

3442
04:04:03,080 --> 04:04:11,880
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, definitely, we are strictly implementing the KYC process,

3443
04:04:11,880 --> 04:04:14,640
PAGCOR Chairman and CEO Alejandro H. Tengco: meaning, know your customer.

3444
04:04:14,640 --> 04:04:23,720
PAGCOR Chairman and CEO Alejandro H. Tengco: Lahat po ng licenses ay dapat suriin ng mabuti yung mga magre-rehistro sa kanila.

3445
04:04:23,720 --> 04:04:32,239
PAGCOR Chairman and CEO Alejandro H. Tengco: At kung dumating po yung pagkakataon na nakalusot sila, yung secondary screening po naman na ginagawa ng PAGCOR,

3446
04:04:32,239 --> 04:04:40,640
PAGCOR Chairman and CEO Alejandro H. Tengco: and we have been very successful, Your Honor, ay yung pagvo-void ng kanilang panalo.

3447
04:04:40,640 --> 04:04:42,178
PAGCOR Chairman and CEO Alejandro H. Tengco: So, kung sa kanilang...

3448
04:04:42,178 --> 04:04:52,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung sa kanilang may nakalusot na isang government employee na nakapaglaro at sila'y swinerte at nanalo,

3449
04:04:52,000 --> 04:04:56,600
PAGCOR Chairman and CEO Alejandro H. Tengco: bago po nila ma-withdraw yun, marami din pong screening yun.

3450
04:04:56,600 --> 04:05:08,359
PAGCOR Chairman and CEO Alejandro H. Tengco: So, pag na-discovery po na sila'y empleyado ng gobyerno, whether siya po'y isang opisyal o isang karaniwang empleyado lamang,

3451
04:05:08,359 --> 04:05:11,359
PAGCOR Chairman and CEO Alejandro H. Tengco: we void the winnings.

3452
04:05:11,359 --> 04:05:20,479
PAGCOR Chairman and CEO Alejandro H. Tengco: And I can say, I can tell you and members of the committee that in the last two years,

3453
04:05:20,479 --> 04:05:28,439
PAGCOR Chairman and CEO Alejandro H. Tengco: we have voided close to half a billion pesos worth of winnings already sapagkat na-discovery po namin

3454
04:05:28,439 --> 04:05:35,520
PAGCOR Chairman and CEO Alejandro H. Tengco: na ang mga nanalong ito ay mga empleyado o kawani ng ating pamahalaan.

3455
04:05:35,520 --> 04:05:40,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Yun po yung secondary screening process.

3456
04:05:40,560 --> 04:05:46,399
PAGCOR Chairman and CEO Alejandro H. Tengco: Natupad po namin nitong panunungkulan ko bilang Pagcourt Chairman and CEO.

3457
04:05:46,399 --> 04:05:56,239
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero ang mahalaga po at ang unang hakbang ay sa registration pa lamang, yung pong tinataw na KYC.

3458
04:05:56,239 --> 04:06:01,399
PAGCOR Chairman and CEO Alejandro H. Tengco: Unfortunately, Your Honor, meron pa pong nakalulusot doon.

3459
04:06:01,399 --> 04:06:08,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Nagsusumiti ng fake na ID halimbawa or hindi dinidisclose na sila'y kawani ng pamahalaan,

3460
04:06:08,560 --> 04:06:10,080
PAGCOR Chairman and CEO Alejandro H. Tengco: eh meron.

3461
04:06:10,080 --> 04:06:11,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron pa rin pong gano'n.

3462
04:06:11,560 --> 04:06:19,760
PAGCOR Chairman and CEO Alejandro H. Tengco: At sabi ko nga, doon pong pagsala roon, eh yun ang pag mag-reclaim na sila ng premyo,

3463
04:06:19,760 --> 04:06:27,840
PAGCOR Chairman and CEO Alejandro H. Tengco: doon naman papasok yung paghihingi muli ng final submission mo ng ID.

3464
04:06:27,840 --> 04:06:34,840
Rep. Alyssa Michaela "Mica" M. Gonzales: At doon nga po, matagumpay namin masasabi na naging maganda yung programa

3465
04:06:34,840 --> 04:06:39,640
Rep. Alyssa Michaela "Mica" M. Gonzales: dahil sa marami na po kaming vinoid na winnings.

3466
04:06:39,640 --> 04:06:40,359
Rep. Alyssa Michaela "Mica" M. Gonzales: Yun lang.

3467
04:06:40,359 --> 04:06:41,359
Rep. Alyssa Michaela "Mica" M. Gonzales: Thank you, Your Honor.

3468
04:06:41,359 --> 04:06:44,239
Rep. Alyssa Michaela "Mica" M. Gonzales: Thank you, Madam Chair Chairman Al.

3469
04:06:44,239 --> 04:06:54,439
Rep. Alyssa Michaela "Mica" M. Gonzales: That is for the kasino po na pwedeng puntahan but I would also like to ask if meron na po ba tayong sort of security mechanism sa online gaming?

3470
04:06:54,439 --> 04:06:57,720
PAGCOR Chairman and CEO Alejandro H. Tengco: Like yung mga, alam mo yung sa Facebook, yung mga ads.

3471
04:06:57,720 --> 04:07:03,600
PAGCOR Chairman and CEO Alejandro H. Tengco: So do we have some sort of mechanism to ensure that the player is not a government employee?

3472
04:07:03,600 --> 04:07:07,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, that is through the KYC process, ma'am.

3473
04:07:07,000 --> 04:07:08,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah.

3474
04:07:08,000 --> 04:07:13,640
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung iba po yung KYC.

3475
04:07:13,640 --> 04:07:25,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang totoo, maski magsubok kayo, hindi kayo makakamagiging member or magiging player ng isang legal license kasino

3476
04:07:25,080 --> 04:07:30,199
PAGCOR Chairman and CEO Alejandro H. Tengco: kung ikaw ay government employee dahilan sa KYC.

3477
04:07:30,199 --> 04:07:35,040
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang malaki pong problema, Your Honor, yung iligal po.

3478
04:07:35,040 --> 04:07:38,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Sapagkat sa iligal, wala pong KYC process.

3479
04:07:38,600 --> 04:07:40,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Maging sa edad?

3480
04:07:40,840 --> 04:07:46,399
PAGCOR Chairman and CEO Alejandro H. Tengco: Occupation or identification, yun po ang malaking problema natin.

3481
04:07:46,399 --> 04:07:56,119
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya, Your Honor, po ulit-ulit kong sinasabi, ang problema po ng industriyang ito ay yung iligal.

3482
04:07:56,119 --> 04:08:03,680
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil sa iligal operators, tinatanggap po maski minor de edad, maski teenager.

3483
04:08:03,680 --> 04:08:09,279
PAGCOR Chairman and CEO Alejandro H. Tengco: Samantalang dito po sa proseso natin sa may lisensya sa online,

3484
04:08:09,279 --> 04:08:22,560
Rep. Alyssa Michaela "Mica" M. Gonzales: halos, sabihin na natin, high 90s in percentage na ang dumataan sa very strict process of KYC.

3485
04:08:22,560 --> 04:08:23,600
Rep. Alyssa Michaela "Mica" M. Gonzales: Thank you, Madam Chair.

3486
04:08:23,600 --> 04:08:26,399
Rep. Alyssa Michaela "Mica" M. Gonzales: So, last question na lamang po.

3487
04:08:26,399 --> 04:08:34,199
Rep. Alyssa Michaela "Mica" M. Gonzales: Since we have stern warning sa mga kasino operators po,

3488
04:08:34,199 --> 04:08:38,040
Rep. Alyssa Michaela "Mica" M. Gonzales: do we also have sort of mechanism of,

3489
04:08:38,040 --> 04:08:42,960
Rep. Alyssa Michaela "Mica" M. Gonzales: mechanism on players na they could be permanently blocked from a casino?

3490
04:08:42,960 --> 04:08:53,199
Rep. Alyssa Michaela "Mica" M. Gonzales: Like for example, I don't know, do we have some sort of instances na we permanently blocked off a player in entering a casino?

3491
04:08:53,199 --> 04:09:05,199
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, I did report earlier, as of today, we have a list that contains 15,000 names,

3492
04:09:05,199 --> 04:09:10,600
PAGCOR Chairman and CEO Alejandro H. Tengco: kung saan, they are not allowed to enter any of the casinos,

3493
04:09:10,600 --> 04:09:15,760
PAGCOR Chairman and CEO Alejandro H. Tengco: nor they are allowed to play in online gaming platforms.

3494
04:09:15,760 --> 04:09:24,399
PAGCOR Chairman and CEO Alejandro H. Tengco: Yun po ay na-generate natin sa pamamagitan ng programang self-exclusion at family exclusion.

3495
04:09:24,399 --> 04:09:33,040
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung saan, ang isang nalululun na sa sugal ay pwedeng sumulat sa akin or sa PAGCOR,

3496
04:09:33,040 --> 04:09:37,760
PAGCOR Chairman and CEO Alejandro H. Tengco: para magsabing ayoko na magsugal, ipaban niyo po ako.

3497
04:09:37,760 --> 04:09:42,159
PAGCOR Chairman and CEO Alejandro H. Tengco: So, that ban is there for years.

3498
04:09:42,159 --> 04:09:44,880
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po natin linilift basta-basta yun.

3499
04:09:44,880 --> 04:09:53,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Pagdating naman po sa, kung ikaw ay nakalista sa National Database of Restricted Personnel,

3500
04:09:53,319 --> 04:10:00,600
PAGCOR Chairman and CEO Alejandro H. Tengco: yun po ay nakakalat din sa lahat ng kasinos at marami po ang nahuhuli

3501
04:10:00,600 --> 04:10:05,000
PAGCOR Chairman and CEO Alejandro H. Tengco: na hindi pwedeng makapaglaro.

3502
04:10:05,000 --> 04:10:12,479
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron din po kaming family exclusion program kung saan ang isang asawa or ang kapamilya

3503
04:10:12,479 --> 04:10:21,520
PAGCOR Chairman and CEO Alejandro H. Tengco: ay pwedeng mag-request sa PAGCOR na hindi na pwedeng papasukin ang kanyang kamag-anak,

3504
04:10:21,520 --> 04:10:30,520
PAGCOR Chairman and CEO Alejandro H. Tengco: kanyang asawa, ang kanyang ama, ang kanyang anak sa mga casinos at online gaming sites natin.

3505
04:10:30,520 --> 04:10:38,520
PAGCOR Chairman and CEO Alejandro H. Tengco: 15,000 na po ang numero na meron tayo.

3506
04:10:38,520 --> 04:10:45,439
PAGCOR Chairman and CEO Alejandro H. Tengco: At nitong nakaraang taon lamang, meron pong halos labing isang libo mahigit

3507
04:10:45,439 --> 04:10:53,080
PAGCOR Chairman and CEO Alejandro H. Tengco: ang nag-apply for self-exclusion program ng PAGCOR.

3508
04:10:53,080 --> 04:10:57,040
Rep. Alyssa Michaela "Mica" M. Gonzales: Okay, thank you. That will be all. Thank you Chairman Al and thank you Madam Chair.

3509
04:10:57,040 --> 04:10:59,239
Rep. Mikaela Angela B. Suansing: Salamat din po, Your Honor.

3510
04:10:59,239 --> 04:11:03,680
Rep. Mikaela Angela B. Suansing: Thank you, Representative Mica Gonzales.

3511
04:11:03,680 --> 04:11:09,000
Rep. Mikaela Angela B. Suansing: There's one more signed up from the minority, Representative Jernie Jett Nisay.

3512
04:11:09,000 --> 04:11:14,680
Rep. Mikaela Angela B. Suansing: However, as I'm not seeing Kong Jet here, we'll move to the majority.

3513
04:11:14,680 --> 04:11:18,840
Rep. Mikaela Angela B. Suansing: Our next interpellator, Representative Shirlyn Bañas-Nograles.

3514
04:11:18,840 --> 04:11:20,800
Rep. Shirlyn L. Bañas-Nograles: Thank you, Madam Chair.

3515
04:11:20,800 --> 04:11:25,520
Rep. Shirlyn L. Bañas-Nograles: Since it's past lunch time already, I'll try to be brief.

3516
04:11:25,520 --> 04:11:27,560
Rep. Shirlyn L. Bañas-Nograles: I just have two queries.

3517
04:11:27,560 --> 04:11:30,760
Rep. Shirlyn L. Bañas-Nograles: Still on online gambling.

3518
04:11:30,760 --> 04:11:34,720
Rep. Shirlyn L. Bañas-Nograles: Because we've noticed, just a follow-through po sa earlier queries.

3519
04:11:34,720 --> 04:11:42,119
Rep. Shirlyn L. Bañas-Nograles: Since we've noticed that it's becoming prevalent to the detriment of the vulnerable sectors.

3520
04:11:42,119 --> 04:11:52,080
Rep. Shirlyn L. Bañas-Nograles: So, and given po the easy access to mobile portals via payment gateways,

3521
04:11:52,080 --> 04:12:00,279
Rep. Shirlyn L. Bañas-Nograles: meron po ba tayong stringent technical protocol imposed on licenses?

3522
04:12:00,279 --> 04:12:07,520
Rep. Shirlyn L. Bañas-Nograles: To prevent the minors, government employees, and even the low-income earners from gambling.

3523
04:12:07,520 --> 04:12:12,239
Rep. Shirlyn L. Bañas-Nograles: Kasi especially po yung micro-bets, it allows one peso to five pesos.

3524
04:12:12,239 --> 04:12:18,640
Rep. Shirlyn L. Bañas-Nograles: So, even yung mga four-piece beneficiaries natin, talagang marami na rin po ang nalululong.

3525
04:12:18,640 --> 04:12:22,880
Rep. Shirlyn L. Bañas-Nograles: At second question ko po, isahin ko na lang para mabilis.

3526
04:12:22,880 --> 04:12:27,800
Rep. Shirlyn L. Bañas-Nograles: In the report po, your relief operations for calamity victims,

3527
04:12:27,800 --> 04:12:34,040
Rep. Shirlyn L. Bañas-Nograles: I'm just interested to know how you allocate and operationalize this po.

3528
04:12:34,040 --> 04:12:37,600
Rep. Shirlyn L. Bañas-Nograles: If I may be allowed, I want to be a bit specific.

3529
04:12:37,600 --> 04:12:42,080
Rep. Shirlyn L. Bañas-Nograles: In the recent earthquake that happened in General Santos City,

3530
04:12:42,080 --> 04:12:44,960
Rep. Shirlyn L. Bañas-Nograles: maybe some details just eluded me.

3531
04:12:44,960 --> 04:12:49,840
Rep. Shirlyn L. Bañas-Nograles: Meron po bang assistance extended yung pub core to General Santos City?

3532
04:12:49,840 --> 04:12:56,159
Rep. Shirlyn L. Bañas-Nograles: And second po, construction of classrooms

3533
04:12:56,159 --> 04:13:03,040
Rep. Shirlyn L. Bañas-Nograles: is also included among the priority projects of pub core.

3534
04:13:03,040 --> 04:13:10,279
Rep. Shirlyn L. Bañas-Nograles: In Jansan, we have like 1,400 classrooms that were badly damaged by the 7.8 earthquake.

3535
04:13:10,279 --> 04:13:13,680
Rep. Shirlyn L. Bañas-Nograles: May we know po if there has been commitment also from pub core,

3536
04:13:13,680 --> 04:13:17,479
Rep. Shirlyn L. Bañas-Nograles: since it is mentioned among your priority program.

3537
04:13:17,479 --> 04:13:20,640
Rep. Shirlyn L. Bañas-Nograles: Your Honor, ma'am.

3538
04:13:20,640 --> 04:13:22,359
PAGCOR Chairman and CEO Alejandro H. Tengco: You're asking what's the process?

3539
04:13:22,359 --> 04:13:26,040
PAGCOR Chairman and CEO Alejandro H. Tengco: The process is when there's a major calamity,

3540
04:13:26,040 --> 04:13:28,199
PAGCOR Chairman and CEO Alejandro H. Tengco: Doon po muna tayo sa first question.

3541
04:13:28,199 --> 04:13:31,119
PAGCOR Chairman and CEO Alejandro H. Tengco: Is there a stringent technical protocol?

3542
04:13:31,119 --> 04:13:36,119
PAGCOR Chairman and CEO Alejandro H. Tengco: The stringent measure, Your Honor, is the KYC process.

3543
04:13:36,119 --> 04:13:38,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Know your customer process.

3544
04:13:38,800 --> 04:13:42,640
PAGCOR Chairman and CEO Alejandro H. Tengco: You cannot register in an online gaming,

3545
04:13:42,640 --> 04:13:45,319
PAGCOR Chairman and CEO Alejandro H. Tengco: I'm sure you're referring to online gaming.

3546
04:13:45,319 --> 04:13:49,840
PAGCOR Chairman and CEO Alejandro H. Tengco: It will be difficult for you to register in an online gaming app

3547
04:13:49,840 --> 04:13:53,359
PAGCOR Chairman and CEO Alejandro H. Tengco: to become a regular customer or player

3548
04:13:53,359 --> 04:13:55,960
PAGCOR Chairman and CEO Alejandro H. Tengco: if you do not go to a,

3549
04:13:55,960 --> 04:13:57,600
PAGCOR Chairman and CEO Alejandro H. Tengco: KYC.

3550
04:13:57,600 --> 04:14:05,520
PAGCOR Chairman and CEO Alejandro H. Tengco: And in that KYC, as I was explaining to Kong Micah earlier,

3551
04:14:05,520 --> 04:14:08,920
PAGCOR Chairman and CEO Alejandro H. Tengco: bago po kayo makapaglaro, dapat makumpleto niyo yun.

3552
04:14:08,920 --> 04:14:14,560
PAGCOR Chairman and CEO Alejandro H. Tengco: And doon po ay nandun lahat ng datos ninyo.

3553
04:14:14,560 --> 04:14:17,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Whether you are a government employee,

3554
04:14:17,080 --> 04:14:25,159
PAGCOR Chairman and CEO Alejandro H. Tengco: whether, because you will have to present a valid government ID in that process.

3555
04:14:25,159 --> 04:14:25,800
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

3556
04:14:25,800 --> 04:14:27,800
PAGCOR Chairman and CEO Alejandro H. Tengco: that is being implemented.

3557
04:14:27,800 --> 04:14:30,399
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang sinasabi ko po earlier,

3558
04:14:30,399 --> 04:14:32,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, ang problema po natin,

3559
04:14:32,920 --> 04:14:35,840
PAGCOR Chairman and CEO Alejandro H. Tengco: kaya maraming nalululun talaga,

3560
04:14:35,840 --> 04:14:40,239
PAGCOR Chairman and CEO Alejandro H. Tengco: ay yung mga illegal operators na walang lisensya sa PAGCOR.

3561
04:14:40,239 --> 04:14:45,880
PAGCOR Chairman and CEO Alejandro H. Tengco: They compose 50% of the total industry.

3562
04:14:45,880 --> 04:14:47,239
PAGCOR Chairman and CEO Alejandro H. Tengco: Doon po kasi,

3563
04:14:47,239 --> 04:14:50,760
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi wala ni isang uri ng proseso.

3564
04:14:50,760 --> 04:14:58,680
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya kabataan ka, kaya mahirap ka, kaya nagtatrabaho ka sa pamahalan, pwede kang maglaro doon.

3565
04:14:58,680 --> 04:15:04,199
PAGCOR Chairman and CEO Alejandro H. Tengco: Yun po ang nakasisira sa lehiti mong mga may lisensya.

3566
04:15:04,199 --> 04:15:08,760
PAGCOR Chairman and CEO Alejandro H. Tengco: So that is my answer to question number one.

3567
04:15:08,760 --> 04:15:17,399
PAGCOR Chairman and CEO Alejandro H. Tengco: With regard to your question number two, yes, we did support the victims of General Santos

3568
04:15:17,399 --> 04:15:27,159
PAGCOR Chairman and CEO Alejandro H. Tengco: by giving financial and relief packages.

3569
04:15:27,159 --> 04:15:31,920
PAGCOR Chairman and CEO Alejandro H. Tengco: And we coordinated this with the Office of Civil Defense.

3570
04:15:31,920 --> 04:15:37,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Sila po ang katulong namin nag-airlift ng lahat ng support at tulong namin.

3571
04:15:37,520 --> 04:15:38,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Now,

3572
04:15:38,319 --> 04:15:42,880
PAGCOR Chairman and CEO Alejandro H. Tengco: on your question number two,

3573
04:15:42,880 --> 04:15:46,800
PAGCOR Chairman and CEO Alejandro H. Tengco: aside from that, you were asking what is the process?

3574
04:15:46,800 --> 04:15:50,680
Rep. Shirlyn L. Bañas-Nograles: Pag may malaki pong kalamigat,

3575
04:15:50,680 --> 04:15:56,239
Rep. Shirlyn L. Bañas-Nograles: we already voluntarily help.

3576
04:15:56,239 --> 04:15:57,199
Rep. Shirlyn L. Bañas-Nograles: Hindi na po humingi.

3577
04:15:57,199 --> 04:16:03,840
Rep. Shirlyn L. Bañas-Nograles: Pero, kung meron po kayo sa lugar ninyo na malaking disaster, malaking problema,

3578
04:16:03,840 --> 04:16:08,000
Rep. Shirlyn L. Bañas-Nograles: all you have to do is write me a letter or write PAGCOR a letter.

3579
04:16:08,000 --> 04:16:10,880
Rep. Shirlyn L. Bañas-Nograles: And wala pong problema yun, we support.

3580
04:16:10,880 --> 04:16:21,920
Rep. Shirlyn L. Bañas-Nograles: In fact, in the last week and a half, we have sent out more than 100,000 relief packs all over the Philippines.

3581
04:16:21,920 --> 04:16:27,199
Rep. Shirlyn L. Bañas-Nograles: And some of your colleagues have received also help.

3582
04:16:27,199 --> 04:16:34,640
Rep. Shirlyn L. Bañas-Nograles: So, all you have to do, ma'am, is just write us and we will respond to the best of our ability.

3583
04:16:34,640 --> 04:16:35,520
Rep. Shirlyn L. Bañas-Nograles: Thank you, sir.

3584
04:16:35,520 --> 04:16:37,840
Rep. Shirlyn L. Bañas-Nograles: Maybe you can help us also with the classroom.

3585
04:16:37,840 --> 04:16:42,800
Rep. Shirlyn L. Bañas-Nograles: Classroom constructions because lots of our classrooms are really badly damaged because of...

3586
04:16:42,800 --> 04:16:48,359
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung pulang kasing reconstruction, we are not allowed sa repair.

3587
04:16:48,359 --> 04:16:49,119
PAGCOR Chairman and CEO Alejandro H. Tengco: Rehabilitation.

3588
04:16:49,119 --> 04:16:49,680
PAGCOR Chairman and CEO Alejandro H. Tengco: O, rehabilitation.

3589
04:16:49,680 --> 04:16:58,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya po, itong programa namin ito, the construction of 125 new school buildings

3590
04:16:58,600 --> 04:17:04,840
PAGCOR Chairman and CEO Alejandro H. Tengco: having an equivalent of about 1,200 classrooms na bago.

3591
04:17:04,840 --> 04:17:05,960
Rep. Shirlyn L. Bañas-Nograles: Okay, sir.

3592
04:17:05,960 --> 04:17:06,600
Rep. Shirlyn L. Bañas-Nograles: I will...

3593
04:17:06,600 --> 04:17:07,920
Rep. Shirlyn L. Bañas-Nograles: We will surely write...

3594
04:17:07,920 --> 04:17:09,319
Rep. Shirlyn L. Bañas-Nograles: I'll communicate with PAGCOR.

3595
04:17:09,319 --> 04:17:10,720
Rep. Shirlyn L. Bañas-Nograles: Thank you very much, po.

3596
04:17:10,720 --> 04:17:13,920
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat din po sa inyo, Your Honor.

3597
04:17:13,920 --> 04:17:17,359
Rep. Mikaela Angela B. Suansing: Thank you very much, Representative Banias Nograles.

3598
04:17:17,359 --> 04:17:23,080
Rep. Mikaela Angela B. Suansing: As there are no other interpellators from the minority, we'll go to another member from the majority,

3599
04:17:23,080 --> 04:17:25,279
Rep. Mikaela Angela B. Suansing: Representative Tony Roman.

3600
04:17:25,279 --> 04:17:26,920
Rep. Antonino B. Roman III: Magandang tanghali po sa inyo.

3601
04:17:26,920 --> 04:17:32,439
Rep. Antonino B. Roman III: Sana nakakain kayo habang sumasagot sa mga tanong.

3602
04:17:32,439 --> 04:17:37,600
Rep. Antonino B. Roman III: Ito kong tinitin ako itong Comparting Results of Operations.

3603
04:17:37,600 --> 04:17:44,359
Rep. Antonino B. Roman III: Note that there was a decline from 2025 through 2027 projected for the income.

3604
04:17:44,359 --> 04:17:56,119
Rep. Antonino B. Roman III: And also do note that having attended the session earlier, that you have been faithfully remitting 50% sa pamalaan.

3605
04:17:56,119 --> 04:18:00,680
Rep. Antonino B. Roman III: Meron itong item dito, yung Social Civic Project. Ano po yun? Ito po yung CSR?

3606
04:18:00,680 --> 04:18:04,960
Rep. Antonino B. Roman III: O, ito po yung CSR projects.

3607
04:18:04,960 --> 04:18:07,640
Rep. Antonino B. Roman III: Kasama na po rito yung...

3608
04:18:07,640 --> 04:18:12,319
Rep. Antonino B. Roman III: Yung pagpapatayo po ng 125...

3609
04:18:12,319 --> 04:18:18,880
Rep. Antonino B. Roman III: Madam Chair, can you put 20 seconds, please? I lost 20 seconds.

3610
04:18:18,880 --> 04:18:20,239
Rep. Mikaela Angela B. Suansing: Sorry po. Sorry to cut you off.

3611
04:18:20,239 --> 04:18:24,479
Rep. Mikaela Angela B. Suansing: Pero nung the time is supposed to stop when I stop asking questions.

3612
04:18:24,479 --> 04:18:27,199
Rep. Mikaela Angela B. Suansing: Pero tumutuloy, nakikita ko gumagana.

3613
04:18:27,199 --> 04:18:29,600
Rep. Mikaela Angela B. Suansing: Pasensya na po. Tuloy niyo lang.

3614
04:18:29,600 --> 04:18:36,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, yun po yung Social Civic Projects namin

3615
04:18:36,000 --> 04:18:39,600
PAGCOR Chairman and CEO Alejandro H. Tengco: that PAGCOR gives to...

3616
04:18:39,600 --> 04:18:44,680
PAGCOR Chairman and CEO Alejandro H. Tengco: the different localities all over the Philippines.

3617
04:18:44,680 --> 04:18:46,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasama na rin po diyan, kaya lumaki yan,

3618
04:18:46,960 --> 04:18:51,720
PAGCOR Chairman and CEO Alejandro H. Tengco: yung commitment po in partnership with the Department of Education

3619
04:18:51,720 --> 04:18:57,439
PAGCOR Chairman and CEO Alejandro H. Tengco: to build 125 school buildings all over the Philippines

3620
04:18:57,439 --> 04:19:04,359
PAGCOR Chairman and CEO Alejandro H. Tengco: which will have an equivalent of 1,500 new classrooms po.

3621
04:19:04,359 --> 04:19:05,960
Rep. Antonino B. Roman III: Maraming salamat.

3622
04:19:05,960 --> 04:19:10,199
Rep. Antonino B. Roman III: Malaking tulong po sa mga distrito yan.

3623
04:19:10,199 --> 04:19:11,080
Rep. Antonino B. Roman III: Yung classrooms.

3624
04:19:11,080 --> 04:19:14,040
Rep. Antonino B. Roman III: Bukod po diyan, kasama po diyan yung mga ambulansya.

3625
04:19:14,040 --> 04:19:19,040
Rep. Antonino B. Roman III: At ano po yung ibang klase ng tulong ang ibinababa po ng PAGCOR?

3626
04:19:19,040 --> 04:19:24,159
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung tulong po namin ay meron pong PTV,

3627
04:19:24,159 --> 04:19:25,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Patient Transport Vehicles.

3628
04:19:25,600 --> 04:19:29,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron po kaming mga relief work.

3629
04:19:29,960 --> 04:19:33,720
PAGCOR Chairman and CEO Alejandro H. Tengco: Kamakamang nga po itong nakarang isang lingot kalahati,

3630
04:19:33,720 --> 04:19:37,880
PAGCOR Chairman and CEO Alejandro H. Tengco: meron pong may gitisandaan libong mga relief packages

3631
04:19:37,880 --> 04:19:40,520
PAGCOR Chairman and CEO Alejandro H. Tengco: ang nai...

3632
04:19:40,520 --> 04:19:46,800
PAGCOR Chairman and CEO Alejandro H. Tengco: migay namin sa buong Pilipinas.

3633
04:19:46,800 --> 04:19:51,119
PAGCOR Chairman and CEO Alejandro H. Tengco: At kami po meron na rin pakikipag-ugnayan sa Office of Civil Defense

3634
04:19:51,119 --> 04:19:55,040
PAGCOR Chairman and CEO Alejandro H. Tengco: kung saan naka-preposition na po, Your Honor,

3635
04:19:55,040 --> 04:19:58,119
PAGCOR Chairman and CEO Alejandro H. Tengco: yung aming mga relief packages sa mga budega nila

3636
04:19:58,119 --> 04:20:02,840
PAGCOR Chairman and CEO Alejandro H. Tengco: para nang sa ganun kaagad na makakapag-aksyon

3637
04:20:02,840 --> 04:20:04,880
PAGCOR Chairman and CEO Alejandro H. Tengco: ang Office of Civil Defense.

3638
04:20:04,880 --> 04:20:08,827
PAGCOR Chairman and CEO Alejandro H. Tengco: Halimbawa man, nagkaroon ng baha, hindi kami makakarating,

3639
04:20:08,827 --> 04:20:09,880
PAGCOR Chairman and CEO Alejandro H. Tengco: naka-preposition.

3640
04:20:09,880 --> 04:20:13,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Naka-preposition na po sa mga budega ng Office of Civil Defense

3641
04:20:13,520 --> 04:20:16,040
PAGCOR Chairman and CEO Alejandro H. Tengco: yung aming pong mga relief packages

3642
04:20:16,040 --> 04:20:21,439
PAGCOR Chairman and CEO Alejandro H. Tengco: para po makasuporta sa kanilang operations, Your Honor.

3643
04:20:21,439 --> 04:20:22,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po.

3644
04:20:22,520 --> 04:20:28,359
Rep. Antonino B. Roman III: Napansin ko po dito sa inyong table na

3645
04:20:28,359 --> 04:20:32,080
Rep. Antonino B. Roman III: parang naglalaro sa bandang 15 to 16 percent

3646
04:20:32,080 --> 04:20:34,600
Rep. Antonino B. Roman III: yung social civic projects nyo.

3647
04:20:34,600 --> 04:20:37,279
Rep. Antonino B. Roman III: Kung titinan po natin sa 2025,

3648
04:20:37,279 --> 04:20:38,634
Rep. Antonino B. Roman III: nasa

3649
04:20:38,634 --> 04:20:40,279
Rep. Antonino B. Roman III: ahm...

3650
04:20:40,279 --> 04:20:41,800
Rep. Antonino B. Roman III: 8.30% lang.

3651
04:20:41,800 --> 04:20:43,220
Rep. Antonino B. Roman III: Pag tinignan nyo po yung

3652
04:20:43,220 --> 04:20:45,720
Rep. Antonino B. Roman III: 12,767,

3653
04:20:45,720 --> 04:20:48,359
Rep. Antonino B. Roman III: actually that's in millions, I believe,

3654
04:20:48,359 --> 04:20:50,399
Rep. Antonino B. Roman III: divided by the total income

3655
04:20:50,399 --> 04:20:51,920
Rep. Antonino B. Roman III: compared to the income,

3656
04:20:51,920 --> 04:20:55,119
Rep. Antonino B. Roman III: nasa bandang 8.30%.

3657
04:20:55,119 --> 04:20:57,319
Rep. Antonino B. Roman III: Sa 2026,

3658
04:20:57,319 --> 04:21:00,399
Rep. Antonino B. Roman III: nasa bandang 16% kung titinan ninyo.

3659
04:21:00,399 --> 04:21:02,560
Rep. Antonino B. Roman III: Tapos yung projected po ninyo

3660
04:21:02,560 --> 04:21:07,399
Rep. Antonino B. Roman III: for 2027 is about 15.6%.

3661
04:21:07,399 --> 04:21:09,574
Rep. Antonino B. Roman III: Nakita, pag kinumparan nyo po yung

3662
04:21:09,574 --> 04:21:12,159
Rep. Antonino B. Roman III: ahm...

3663
04:21:12,159 --> 04:21:17,439
Rep. Antonino B. Roman III: social civic projects dun po sa income.

3664
04:21:17,439 --> 04:21:19,279
PAGCOR Chairman and CEO Alejandro H. Tengco: Well, basically,

3665
04:21:19,279 --> 04:21:24,199
PAGCOR Chairman and CEO Alejandro H. Tengco: we just project a budget for the year.

3666
04:21:24,199 --> 04:21:26,640
PAGCOR Chairman and CEO Alejandro H. Tengco: It is not based on the percentage.

3667
04:21:26,640 --> 04:21:29,359
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung nangyari po yun, siguro yung nagkataon lamang.

3668
04:21:29,359 --> 04:21:33,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi meron pong taon, napakadaming kalamidad.

3669
04:21:33,000 --> 04:21:35,040
PAGCOR Chairman and CEO Alejandro H. Tengco: May taon naman, walang kalamidad.

3670
04:21:35,040 --> 04:21:38,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya, yun po naman eh,

3671
04:21:38,080 --> 04:21:39,159
PAGCOR Chairman and CEO Alejandro H. Tengco: porsyento lang po,

3672
04:21:39,159 --> 04:21:40,490
PAGCOR Chairman and CEO Alejandro H. Tengco: we do not, ahm...

3673
04:21:40,490 --> 04:21:40,880
PAGCOR Chairman and CEO Alejandro H. Tengco: ahm...

3674
04:21:40,880 --> 04:21:42,960
PAGCOR Chairman and CEO Alejandro H. Tengco: we do normally a budget lang,

3675
04:21:42,960 --> 04:21:44,600
PAGCOR Chairman and CEO Alejandro H. Tengco: let's say, for the year,

3676
04:21:44,600 --> 04:21:46,479
PAGCOR Chairman and CEO Alejandro H. Tengco: 200,000 relief packs.

3677
04:21:46,479 --> 04:21:48,920
PAGCOR Chairman and CEO Alejandro H. Tengco: So, ganun po ang pag-ano namin.

3678
04:21:48,920 --> 04:21:53,560
PAGCOR Chairman and CEO Alejandro H. Tengco: We also sit down with the Office of Civil Defense

3679
04:21:53,560 --> 04:21:58,000
PAGCOR Chairman and CEO Alejandro H. Tengco: at saka tinitinan din namin yung mga weather forecast po natin.

3680
04:21:58,000 --> 04:21:59,439
PAGCOR Chairman and CEO Alejandro H. Tengco: So, yun po ang base.

3681
04:21:59,439 --> 04:22:02,760
PAGCOR Chairman and CEO Alejandro H. Tengco: But there is no hard and fast rule

3682
04:22:02,760 --> 04:22:05,199
PAGCOR Chairman and CEO Alejandro H. Tengco: as to what percentage is allocated for such.

3683
04:22:05,199 --> 04:22:06,319
Rep. Antonino B. Roman III: Pero, halimbawa po,

3684
04:22:06,319 --> 04:22:09,399
Rep. Antonino B. Roman III: sa projected 2027,

3685
04:22:09,399 --> 04:22:10,720
Rep. Antonino B. Roman III: na...

3686
04:22:10,720 --> 04:22:11,720
Rep. Antonino B. Roman III: sa tingin ninyo,

3687
04:22:11,720 --> 04:22:12,640
Rep. Antonino B. Roman III: in millions, ano,

3688
04:22:12,640 --> 04:22:15,600
Rep. Antonino B. Roman III: 13,757.80 in millions.

3689
04:22:15,600 --> 04:22:18,279
Rep. Antonino B. Roman III: So, dagdagan natin na zero yung tatlo.

3690
04:22:18,279 --> 04:22:22,840
Rep. Antonino B. Roman III: Ito po pa ay batay dun sa inaakala nyo

3691
04:22:22,840 --> 04:22:24,199
Rep. Antonino B. Roman III: nagagasusin para sa mga relief work,

3692
04:22:24,199 --> 04:22:24,619
Rep. Antonino B. Roman III: una.

3693
04:22:24,619 --> 04:22:25,920
Rep. Antonino B. Roman III: Pakalawa,

3694
04:22:25,920 --> 04:22:28,520
Rep. Antonino B. Roman III: batay din po ba ito dun sa

3695
04:22:28,520 --> 04:22:30,159
Rep. Antonino B. Roman III: pending request sa inyo

3696
04:22:30,159 --> 04:22:32,040
Rep. Antonino B. Roman III: para sa, halimbawa, classroom

3697
04:22:32,040 --> 04:22:34,199
Rep. Antonino B. Roman III: o sa ambulansya.

3698
04:22:34,199 --> 04:22:35,199
Rep. Antonino B. Roman III: In other words,

3699
04:22:35,199 --> 04:22:37,040
Rep. Antonino B. Roman III: sinasaalang-alang nyo ba

3700
04:22:37,040 --> 04:22:38,600
Rep. Antonino B. Roman III: yung mga pending request sa inyo?

3701
04:22:38,600 --> 04:22:39,439
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

3702
04:22:39,439 --> 04:22:40,119
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang totoo po,

3703
04:22:40,119 --> 04:22:43,000
PAGCOR Chairman and CEO Alejandro H. Tengco: dito, kinalaga na po yung malaking gastos

3704
04:22:43,000 --> 04:22:46,040
PAGCOR Chairman and CEO Alejandro H. Tengco: yung construction of school buildings.

3705
04:22:46,040 --> 04:22:49,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Mga mahigit 7 billion piso po yun eh.

3706
04:22:49,560 --> 04:22:50,439
PAGCOR Chairman and CEO Alejandro H. Tengco: 7.5.

3707
04:22:50,439 --> 04:22:52,159
PAGCOR Chairman and CEO Alejandro H. Tengco: So, hinati lang po namin

3708
04:22:52,159 --> 04:22:53,560
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pandiniwalang

3709
04:22:53,560 --> 04:22:56,239
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi naman po matatapos nitong taong ito

3710
04:22:56,239 --> 04:22:59,040
PAGCOR Chairman and CEO Alejandro H. Tengco: yung mga construction ng classrooms na yun.

3711
04:22:59,040 --> 04:23:02,319
PAGCOR Chairman and CEO Alejandro H. Tengco: So, pinatakbo na po namin yung computation nun

3712
04:23:02,319 --> 04:23:06,199
PAGCOR Chairman and CEO Alejandro H. Tengco: hanggang sa 2027.

3713
04:23:06,199 --> 04:23:07,560
Rep. Antonino B. Roman III: So, binanggit nyo na

3714
04:23:07,560 --> 04:23:08,840
Rep. Antonino B. Roman III: sinaalang-alang ninyo

3715
04:23:08,840 --> 04:23:10,199
Rep. Antonino B. Roman III: yung mga pending request

3716
04:23:10,199 --> 04:23:11,720
Rep. Antonino B. Roman III: para sa mga school buildings.

3717
04:23:11,720 --> 04:23:13,080
Rep. Antonino B. Roman III: Tama po ba?

3718
04:23:13,080 --> 04:23:14,199
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron na pong

3719
04:23:14,199 --> 04:23:15,239
PAGCOR Chairman and CEO Alejandro H. Tengco: pinarating sa amin

3720
04:23:15,239 --> 04:23:16,920
PAGCOR Chairman and CEO Alejandro H. Tengco: ng Department of Education

3721
04:23:16,920 --> 04:23:19,000
PAGCOR Chairman and CEO Alejandro H. Tengco: kasi sila po ang nag-vevet nito eh.

3722
04:23:19,000 --> 04:23:20,183
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po kami ang

3723
04:23:20,183 --> 04:23:21,720
PAGCOR Chairman and CEO Alejandro H. Tengco: nagdi-desisyon dito.

3724
04:23:21,720 --> 04:23:23,680
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang memorandum of agreement po namin

3725
04:23:23,680 --> 04:23:24,760
PAGCOR Chairman and CEO Alejandro H. Tengco: maliwanag.

3726
04:23:24,760 --> 04:23:26,720
PAGCOR Chairman and CEO Alejandro H. Tengco: Sila po ang mag-vevet.

3727
04:23:26,720 --> 04:23:28,760
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron po kumisang request sa amin.

3728
04:23:28,760 --> 04:23:29,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Pinapadala po namin

3729
04:23:29,800 --> 04:23:31,720
PAGCOR Chairman and CEO Alejandro H. Tengco: sa Department of Education.

3730
04:23:31,720 --> 04:23:33,119
PAGCOR Chairman and CEO Alejandro H. Tengco: Sila po ang magko-confirm

3731
04:23:33,119 --> 04:23:34,319
PAGCOR Chairman and CEO Alejandro H. Tengco: ng lugar.

3732
04:23:34,319 --> 04:23:36,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Pagkatapos po,

3733
04:23:36,560 --> 04:23:36,960
PAGCOR Chairman and CEO Alejandro H. Tengco: aaprobahan nila

3734
04:23:36,960 --> 04:23:38,720
PAGCOR Chairman and CEO Alejandro H. Tengco: at babalik muli sa amin.

3735
04:23:38,720 --> 04:23:40,760
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang amin lang pong

3736
04:23:40,760 --> 04:23:42,680
PAGCOR Chairman and CEO Alejandro H. Tengco: papel na ginampanan

3737
04:23:42,680 --> 04:23:45,119
PAGCOR Chairman and CEO Alejandro H. Tengco: ay magpondo ng construction.

3738
04:23:45,119 --> 04:23:46,920
Rep. Antonino B. Roman III: Kasi nung yung opisina ko

3739
04:23:46,920 --> 04:23:48,560
Rep. Antonino B. Roman III: nagpasa ng sulat

3740
04:23:48,560 --> 04:23:51,119
Rep. Antonino B. Roman III: January of this year.

3741
04:23:51,119 --> 04:23:53,080
Rep. Antonino B. Roman III: Actually,

3742
04:23:53,080 --> 04:23:54,159
Rep. Antonino B. Roman III: ginampanan namin

3743
04:23:54,159 --> 04:23:56,600
Rep. Antonino B. Roman III: yung binanggit ninyo

3744
04:23:56,600 --> 04:23:58,600
Rep. Antonino B. Roman III: na yung mismong pag-identify

3745
04:23:58,600 --> 04:24:00,840
Rep. Antonino B. Roman III: ng school building

3746
04:24:00,840 --> 04:24:01,840
Rep. Antonino B. Roman III: na kinakailangan

3747
04:24:01,840 --> 04:24:02,760
Rep. Antonino B. Roman III: mismo nang galing ko

3748
04:24:02,760 --> 04:24:04,840
Rep. Antonino B. Roman III: sa Dep. at Bataan.

3749
04:24:04,840 --> 04:24:07,000
Rep. Antonino B. Roman III: January pa po yun

3750
04:24:07,000 --> 04:24:08,239
Rep. Antonino B. Roman III: of

3751
04:24:08,239 --> 04:24:12,040
Rep. Antonino B. Roman III: this year.

3752
04:24:12,040 --> 04:24:13,119
Rep. Antonino B. Roman III: Hindi pa po

3753
04:24:13,119 --> 04:24:14,760
Rep. Antonino B. Roman III: natutugunan.

3754
04:24:14,760 --> 04:24:15,560
Rep. Antonino B. Roman III: Kaya,

3755
04:24:15,560 --> 04:24:16,359
Rep. Antonino B. Roman III: kanina lang po

3756
04:24:16,359 --> 04:24:17,239
Rep. Antonino B. Roman III: nagpa-receive po ako

3757
04:24:17,239 --> 04:24:18,119
Rep. Antonino B. Roman III: ng sulat

3758
04:24:18,119 --> 04:24:18,560
Rep. Antonino B. Roman III: sa inyo

3759
04:24:18,560 --> 04:24:22,040
Rep. Antonino B. Roman III: just to follow up.

3760
04:24:22,040 --> 04:24:22,880
Rep. Antonino B. Roman III: So, yung mismong

3761
04:24:22,880 --> 04:24:23,560
Rep. Antonino B. Roman III: datos po,

3762
04:24:23,560 --> 04:24:24,800
Rep. Antonino B. Roman III: galing mismo sa Dep.

3763
04:24:24,800 --> 04:24:26,040
Rep. Antonino B. Roman III: Ginawa na po namin yun.

3764
04:24:26,040 --> 04:24:27,080
Rep. Antonino B. Roman III: Hinihintay lang namin.

3765
04:24:27,080 --> 04:24:27,880
Rep. Antonino B. Roman III: So, gusto ko lang po

3766
04:24:27,880 --> 04:24:29,000
Rep. Antonino B. Roman III: malaman

3767
04:24:29,000 --> 04:24:30,319
Rep. Antonino B. Roman III: kung yung request po namin

3768
04:24:30,319 --> 04:24:31,199
Rep. Antonino B. Roman III: sa utang distrito

3769
04:24:31,199 --> 04:24:32,159
Rep. Antonino B. Roman III: ng Bataan

3770
04:24:32,159 --> 04:24:33,119
Rep. Antonino B. Roman III: ay napasama

3771
04:24:33,119 --> 04:24:34,840
Rep. Antonino B. Roman III: at nakapaloob dun sa

3772
04:24:34,840 --> 04:24:35,680
Rep. Antonino B. Roman III: projected

3773
04:24:35,680 --> 04:24:37,640
Rep. Antonino B. Roman III: 2027 budget nyo.

3774
04:24:37,640 --> 04:24:38,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

3775
04:24:38,840 --> 04:24:40,239
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron po kayong request.

3776
04:24:40,239 --> 04:24:41,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito po, tinitinan na.

3777
04:24:41,840 --> 04:24:44,199
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero,

3778
04:24:44,199 --> 04:24:46,520
PAGCOR Chairman and CEO Alejandro H. Tengco: 125 school buildings po

3779
04:24:46,520 --> 04:24:47,560
PAGCOR Chairman and CEO Alejandro H. Tengco: kasi lang yung aming

3780
04:24:47,560 --> 04:24:49,159
PAGCOR Chairman and CEO Alejandro H. Tengco: pwedeng pondohan.

3781
04:24:49,159 --> 04:24:50,880
PAGCOR Chairman and CEO Alejandro H. Tengco: So, dito po

3782
04:24:50,880 --> 04:24:51,920
PAGCOR Chairman and CEO Alejandro H. Tengco: ay meron na rin

3783
04:24:51,920 --> 04:24:53,600
PAGCOR Chairman and CEO Alejandro H. Tengco: sa Bataan

3784
04:24:53,600 --> 04:24:54,560
PAGCOR Chairman and CEO Alejandro H. Tengco: na pinadala

3785
04:24:54,560 --> 04:24:55,159
PAGCOR Chairman and CEO Alejandro H. Tengco: ang Dep. at Bataan

3786
04:24:55,159 --> 04:24:55,880
PAGCOR Chairman and CEO Alejandro H. Tengco: sa amin

3787
04:24:55,880 --> 04:24:57,319
PAGCOR Chairman and CEO Alejandro H. Tengco: na inaprobahan.

3788
04:24:57,319 --> 04:24:58,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Ipe-verify lang po

3789
04:24:58,520 --> 04:24:59,520
PAGCOR Chairman and CEO Alejandro H. Tengco: kung yun yung kasama

3790
04:24:59,520 --> 04:25:01,000
PAGCOR Chairman and CEO Alejandro H. Tengco: sa request ninyo.

3791
04:25:01,000 --> 04:25:02,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero, kung hindi man po

3792
04:25:02,080 --> 04:25:03,159
PAGCOR Chairman and CEO Alejandro H. Tengco: nakasama,

3793
04:25:03,159 --> 04:25:04,199
PAGCOR Chairman and CEO Alejandro H. Tengco: pinaliwanag ko po

3794
04:25:04,199 --> 04:25:05,159
PAGCOR Chairman and CEO Alejandro H. Tengco: kanina,

3795
04:25:05,159 --> 04:25:06,040
PAGCOR Chairman and CEO Alejandro H. Tengco: hopefully,

3796
04:25:06,040 --> 04:25:08,680
PAGCOR Chairman and CEO Alejandro H. Tengco: sa 2027,

3797
04:25:08,680 --> 04:25:10,319
PAGCOR Chairman and CEO Alejandro H. Tengco: sa 2028 budget,

3798
04:25:10,319 --> 04:25:11,600
PAGCOR Chairman and CEO Alejandro H. Tengco: ay

3799
04:25:11,600 --> 04:25:12,800
PAGCOR Chairman and CEO Alejandro H. Tengco: isasama po namin

3800
04:25:12,800 --> 04:25:13,640
PAGCOR Chairman and CEO Alejandro H. Tengco: yung mga

3801
04:25:13,640 --> 04:25:14,680
PAGCOR Chairman and CEO Alejandro H. Tengco: request ninyo.

3802
04:25:14,680 --> 04:25:17,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero, again,

3803
04:25:17,319 --> 04:25:18,560
PAGCOR Chairman and CEO Alejandro H. Tengco: yung DepEd po

3804
04:25:18,560 --> 04:25:19,439
PAGCOR Chairman and CEO Alejandro H. Tengco: ang inaantay namin

3805
04:25:19,439 --> 04:25:21,239
PAGCOR Chairman and CEO Alejandro H. Tengco: magsabi sa amin.

3806
04:25:21,239 --> 04:25:21,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

3807
04:25:21,600 --> 04:25:22,600
Rep. Antonino B. Roman III: Piniliwanag ko lang.

3808
04:25:22,600 --> 04:25:24,000
Rep. Antonino B. Roman III: At kung

3809
04:25:24,000 --> 04:25:25,323
Rep. Antonino B. Roman III: ito po,

3810
04:25:25,323 --> 04:25:25,720
Rep. Antonino B. Roman III: i-check-in

3811
04:25:25,720 --> 04:25:27,359
Rep. Antonino B. Roman III: kung

3812
04:25:27,359 --> 04:25:28,319
Rep. Antonino B. Roman III: meron na po bang

3813
04:25:28,319 --> 04:25:29,640
Rep. Antonino B. Roman III: kayo sa pagkakaalam,

3814
04:25:29,640 --> 04:25:30,720
Rep. Antonino B. Roman III: your honor,

3815
04:25:30,720 --> 04:25:31,720
Rep. Antonino B. Roman III: na

3816
04:25:31,720 --> 04:25:32,743
Rep. Antonino B. Roman III: sulat ang DepEd

3817
04:25:32,743 --> 04:25:33,279
Rep. Antonino B. Roman III: sa amin

3818
04:25:33,279 --> 04:25:36,399
Rep. Antonino B. Roman III: na dapat

3819
04:25:36,399 --> 04:25:37,239
Rep. Antonino B. Roman III: pondohan yung

3820
04:25:37,239 --> 04:25:37,831
Rep. Antonino B. Roman III: inyong

3821
04:25:37,831 --> 04:25:38,760
Rep. Antonino B. Roman III: skwelahan?

3822
04:25:38,760 --> 04:25:39,159
Rep. Antonino B. Roman III: Opo.

3823
04:25:39,159 --> 04:25:39,520
Rep. Antonino B. Roman III: Dahil,

3824
04:25:39,520 --> 04:25:40,080
Rep. Antonino B. Roman III: ah,

3825
04:25:40,080 --> 04:25:40,960
Rep. Antonino B. Roman III: sumangguni po kami

3826
04:25:40,960 --> 04:25:42,319
Rep. Antonino B. Roman III: sa DepEd

3827
04:25:42,319 --> 04:25:43,399
Rep. Antonino B. Roman III: nung nagpasa po kami

3828
04:25:43,399 --> 04:25:44,359
Rep. Antonino B. Roman III: ng

3829
04:25:44,359 --> 04:25:45,000
Rep. Antonino B. Roman III: ng sulat.

3830
04:25:45,000 --> 04:25:45,579
Rep. Antonino B. Roman III: Opo.

3831
04:25:45,579 --> 04:25:46,159
Rep. Antonino B. Roman III: So,

3832
04:25:46,159 --> 04:25:46,476
Rep. Antonino B. Roman III: pero,

3833
04:25:46,476 --> 04:25:47,520
Rep. Antonino B. Roman III: yung datos po

3834
04:25:47,520 --> 04:25:48,560
Rep. Antonino B. Roman III: Kasi, ang bumalik po

3835
04:25:48,560 --> 04:25:49,000
Rep. Antonino B. Roman III: sa amin

3836
04:25:49,000 --> 04:25:51,040
Rep. Antonino B. Roman III: for 125,

3837
04:25:51,040 --> 04:25:53,119
Rep. Antonino B. Roman III: may finalist po sila,

3838
04:25:53,119 --> 04:25:53,520
Rep. Antonino B. Roman III: eh,

3839
04:25:53,520 --> 04:25:54,600
Rep. Antonino B. Roman III: check-in po namin

3840
04:25:54,600 --> 04:25:54,880
Rep. Antonino B. Roman III: kung sa amin.

3841
04:25:54,880 --> 04:25:55,760
Rep. Antonino B. Roman III: Meron ho ba sa unang

3842
04:25:55,760 --> 04:25:57,640
Rep. Antonino B. Roman III: distrito ng bataan dyan?

3843
04:25:57,640 --> 04:25:58,319
Rep. Antonino B. Roman III: Hermosa,

3844
04:25:58,319 --> 04:25:58,760
Rep. Antonino B. Roman III: Orani,

3845
04:25:58,760 --> 04:25:59,809
Rep. Antonino B. Roman III: Samal,

3846
04:25:59,809 --> 04:26:00,397
Rep. Antonino B. Roman III: Abukay?

3847
04:26:00,397 --> 04:26:06,602
Rep. Antonino B. Roman III: Oryon?

3848
04:26:06,602 --> 04:26:08,239
PAGCOR Chairman and CEO Alejandro H. Tengco: O, Orani.

3849
04:26:08,239 --> 04:26:08,640
PAGCOR Chairman and CEO Alejandro H. Tengco: O, kaya,

3850
04:26:08,640 --> 04:26:09,479
PAGCOR Chairman and CEO Alejandro H. Tengco: Hermosa,

3851
04:26:09,479 --> 04:26:09,880
PAGCOR Chairman and CEO Alejandro H. Tengco: Samal,

3852
04:26:09,880 --> 04:26:12,040
PAGCOR Chairman and CEO Alejandro H. Tengco: Abukay.

3853
04:26:12,040 --> 04:26:12,685
Rep. Antonino B. Roman III: Hermosa po namin.

3854
04:26:12,880 --> 04:26:13,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Hu ba?

3855
04:26:13,560 --> 04:26:15,044
Rep. Antonino B. Roman III: Hermosa.

3856
04:26:15,044 --> 04:26:15,840
PAGCOR Chairman and CEO Alejandro H. Tengco: Bosa?

3857
04:26:15,840 --> 04:26:16,680
Rep. Antonino B. Roman III: Hermosa.

3858
04:26:16,680 --> 04:26:16,940
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito po,

3859
04:26:16,940 --> 04:26:17,420
PAGCOR Chairman and CEO Alejandro H. Tengco: ah,

3860
04:26:17,420 --> 04:26:18,370
PAGCOR Chairman and CEO Alejandro H. Tengco: Pulo,

3861
04:26:18,370 --> 04:26:20,599
PAGCOR Chairman and CEO Alejandro H. Tengco: Pulo Elementary School.

3862
04:26:20,599 --> 04:26:21,239
PAGCOR Chairman and CEO Alejandro H. Tengco: O, ayan.

3863
04:26:21,239 --> 04:26:22,479
Rep. Antonino B. Roman III: Ayan po yung,

3864
04:26:22,479 --> 04:26:22,640
Rep. Antonino B. Roman III: ah,

3865
04:26:22,640 --> 04:26:24,520
Rep. Antonino B. Roman III: nasa distrito po namin yan.

3866
04:26:24,520 --> 04:26:25,520
Rep. Antonino B. Roman III: So, ito ho ba yun?

3867
04:26:25,520 --> 04:26:25,880
Rep. Antonino B. Roman III: Opo.

3868
04:26:25,880 --> 04:26:26,279
Rep. Antonino B. Roman III: Pulo.

3869
04:26:26,279 --> 04:26:27,600
Rep. Antonino B. Roman III: Meron po sa Orani

3870
04:26:27,600 --> 04:26:29,199
Rep. Antonino B. Roman III: ding isa,

3871
04:26:29,199 --> 04:26:30,880
Rep. Antonino B. Roman III: Governor Efren

3872
04:26:30,880 --> 04:26:31,439
Rep. Antonino B. Roman III: V. Pascual.

3873
04:26:31,439 --> 04:26:32,145
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

3874
04:26:32,145 --> 04:26:32,800
Rep. Antonino B. Roman III: Eh,

3875
04:26:32,800 --> 04:26:34,399
Rep. Antonino B. Roman III: and Orani

3876
04:26:34,399 --> 04:26:36,640
Rep. Antonino B. Roman III: Integrated Central School.

3877
04:26:36,640 --> 04:26:37,013
PAGCOR Chairman and CEO Alejandro H. Tengco: Okay.

3878
04:26:37,013 --> 04:26:37,479
Rep. Antonino B. Roman III: Ngayon,

3879
04:26:37,479 --> 04:26:38,520
Rep. Antonino B. Roman III: pag pumasok po,

3880
04:26:38,520 --> 04:26:39,960
Rep. Antonino B. Roman III: just to understand the process,

3881
04:26:39,960 --> 04:26:41,399
Rep. Antonino B. Roman III: pag pumasok po sa listahan yan,

3882
04:26:41,399 --> 04:26:42,199
Rep. Antonino B. Roman III: tulad yan,

3883
04:26:42,199 --> 04:26:42,800
Rep. Antonino B. Roman III: meron tatlo tayo

3884
04:26:42,800 --> 04:26:43,960
Rep. Antonino B. Roman III: yung natukoy

3885
04:26:43,960 --> 04:26:45,439
Rep. Antonino B. Roman III: na paaralan

3886
04:26:45,439 --> 04:26:47,720
Rep. Antonino B. Roman III: na galing mismo sa DepEd.

3887
04:26:47,720 --> 04:26:49,159
Rep. Antonino B. Roman III: Ano ko kasiguradohan

3888
04:26:49,159 --> 04:26:50,399
Rep. Antonino B. Roman III: na

3889
04:26:50,399 --> 04:26:53,960
Rep. Antonino B. Roman III: mapopondohan po yan?

3890
04:26:53,960 --> 04:26:54,880
PAGCOR Chairman and CEO Alejandro H. Tengco: Um,

3891
04:26:54,880 --> 04:26:56,479
PAGCOR Chairman and CEO Alejandro H. Tengco: to be honest and candid,

3892
04:26:56,479 --> 04:26:57,279
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

3893
04:26:57,279 --> 04:26:59,000
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi po 100%,

3894
04:26:59,000 --> 04:26:59,560
PAGCOR Chairman and CEO Alejandro H. Tengco: dahil

3895
04:26:59,560 --> 04:27:00,840
PAGCOR Chairman and CEO Alejandro H. Tengco: ang budget po is for

3896
04:27:00,840 --> 04:27:03,439
PAGCOR Chairman and CEO Alejandro H. Tengco: 125 school buildings

3897
04:27:03,439 --> 04:27:05,520
PAGCOR Chairman and CEO Alejandro H. Tengco: all over the Philippines.

3898
04:27:05,520 --> 04:27:06,600
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

3899
04:27:06,600 --> 04:27:09,359
PAGCOR Chairman and CEO Alejandro H. Tengco: ang akin na lang po magagawa eh,

3900
04:27:09,359 --> 04:27:10,279
PAGCOR Chairman and CEO Alejandro H. Tengco: titinan ko kung pa pano

3901
04:27:10,279 --> 04:27:10,800
PAGCOR Chairman and CEO Alejandro H. Tengco: magagawa ng,

3902
04:27:10,800 --> 04:27:13,710
PAGCOR Chairman and CEO Alejandro H. Tengco: ng paraan na

3903
04:27:13,710 --> 04:27:14,359
PAGCOR Chairman and CEO Alejandro H. Tengco: ma,

3904
04:27:14,359 --> 04:27:16,319
PAGCOR Chairman and CEO Alejandro H. Tengco: naisama kahit isa man lang dito.

3905
04:27:16,319 --> 04:27:18,732
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil ang instruction po kasi ng,

3906
04:27:18,732 --> 04:27:19,600
PAGCOR Chairman and CEO Alejandro H. Tengco: ng,

3907
04:27:19,600 --> 04:27:20,319
PAGCOR Chairman and CEO Alejandro H. Tengco: ah,

3908
04:27:20,319 --> 04:27:21,640
PAGCOR Chairman and CEO Alejandro H. Tengco: administrasyon,

3909
04:27:21,640 --> 04:27:23,439
PAGCOR Chairman and CEO Alejandro H. Tengco: dapat ikalat ito.

3910
04:27:23,439 --> 04:27:23,880
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya,

3911
04:27:23,880 --> 04:27:25,080
PAGCOR Chairman and CEO Alejandro H. Tengco: kami naman po,

3912
04:27:25,080 --> 04:27:26,960
PAGCOR Chairman and CEO Alejandro H. Tengco: ay nag-iintay lang ng

3913
04:27:26,960 --> 04:27:28,720
PAGCOR Chairman and CEO Alejandro H. Tengco: vetting ng DepEd.

3914
04:27:28,720 --> 04:27:29,960
PAGCOR Chairman and CEO Alejandro H. Tengco: Marami po kasi,

3915
04:27:29,960 --> 04:27:31,920
PAGCOR Chairman and CEO Alejandro H. Tengco: lumabas,

3916
04:27:31,920 --> 04:27:32,920
PAGCOR Chairman and CEO Alejandro H. Tengco: re-recommendan ng ilang mga

3917
04:27:32,920 --> 04:27:34,800
PAGCOR Chairman and CEO Alejandro H. Tengco: local government officials

3918
04:27:34,800 --> 04:27:38,279
PAGCOR Chairman and CEO Alejandro H. Tengco: or ng mga members of the house.

3919
04:27:38,279 --> 04:27:39,680
PAGCOR Chairman and CEO Alejandro H. Tengco: Pag balik sa DepEd,

3920
04:27:39,680 --> 04:27:41,680
PAGCOR Chairman and CEO Alejandro H. Tengco: wala palang titulo yung lalagyan.

3921
04:27:41,680 --> 04:27:43,279
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung lugar pala eh,

3922
04:27:43,279 --> 04:27:43,960
PAGCOR Chairman and CEO Alejandro H. Tengco: maliit.

3923
04:27:43,960 --> 04:27:45,479
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi, ito po eh,

3924
04:27:45,479 --> 04:27:48,119
PAGCOR Chairman and CEO Alejandro H. Tengco: kailangan ng humigit kumulang

3925
04:27:48,119 --> 04:27:49,720
PAGCOR Chairman and CEO Alejandro H. Tengco: 2,000 metro kodrado.

3926
04:27:49,720 --> 04:27:51,479
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil pahaba po ito eh.

3927
04:27:51,479 --> 04:27:53,520
Rep. Antonino B. Roman III: Ano ho yung proseso na pinagdadaanan?

3928
04:27:53,520 --> 04:27:55,960
Rep. Antonino B. Roman III: Halimbawa, walang gano'ng issue

3929
04:27:55,960 --> 04:27:57,840
Rep. Antonino B. Roman III: yung isang project,

3930
04:27:57,840 --> 04:27:58,880
Rep. Antonino B. Roman III: isang, ah,

3931
04:27:58,880 --> 04:28:01,680
Rep. Antonino B. Roman III: yung isang school building.

3932
04:28:01,680 --> 04:28:03,439
Rep. Antonino B. Roman III: Walang-walang issue sa titulo,

3933
04:28:03,439 --> 04:28:04,399
Rep. Antonino B. Roman III: ah, lahat.

3934
04:28:04,399 --> 04:28:05,920
Rep. Antonino B. Roman III: Kung pare-parekas po,

3935
04:28:05,920 --> 04:28:07,840
Rep. Antonino B. Roman III: paano ho nirarationalize

3936
04:28:07,840 --> 04:28:10,239
Rep. Antonino B. Roman III: ng PAGCOR yung pagpopondo?

3937
04:28:10,239 --> 04:28:13,640
PAGCOR Chairman and CEO Alejandro H. Tengco: Eh, inaantay lang po namin yung, yung,

3938
04:28:13,640 --> 04:28:16,640
PAGCOR Chairman and CEO Alejandro H. Tengco: ano, ang, ng instruction ng DepEd.

3939
04:28:16,640 --> 04:28:18,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah, sila po ang magra-rationalize.

3940
04:28:18,319 --> 04:28:19,439
PAGCOR Chairman and CEO Alejandro H. Tengco: Kayo, funder na lang po.

3941
04:28:19,439 --> 04:28:22,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Kami po eh, MOA lang po kami

3942
04:28:22,080 --> 04:28:25,040
PAGCOR Chairman and CEO Alejandro H. Tengco: with the, with the local government unit

3943
04:28:25,040 --> 04:28:28,439
PAGCOR Chairman and CEO Alejandro H. Tengco: dahil sa LGU na po namin pinapanay.

3944
04:28:28,439 --> 04:28:30,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po kami nakikinam sa bidding.

3945
04:28:30,560 --> 04:28:33,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po kami nakikinam kung sinong contractor.

3946
04:28:33,319 --> 04:28:35,560
PAGCOR Chairman and CEO Alejandro H. Tengco: Kami po eh, magpopondo lamang.

3947
04:28:35,560 --> 04:28:37,239
PAGCOR Chairman and CEO Alejandro H. Tengco: And we will make sure

3948
04:28:37,239 --> 04:28:39,319
PAGCOR Chairman and CEO Alejandro H. Tengco: that it follows the design

3949
04:28:39,319 --> 04:28:40,960
PAGCOR Chairman and CEO Alejandro H. Tengco: that we all agreed on.

3950
04:28:40,960 --> 04:28:43,319
PAGCOR Chairman and CEO Alejandro H. Tengco: Meaning, between the DepEd,

3951
04:28:43,319 --> 04:28:45,080
PAGCOR Chairman and CEO Alejandro H. Tengco: the LGU,

3952
04:28:45,080 --> 04:28:49,520
PAGCOR Chairman and CEO Alejandro H. Tengco: or the, ah, district and PAGCOR.

3953
04:28:49,520 --> 04:28:52,199
PAGCOR Chairman and CEO Alejandro H. Tengco: Yun lang po ang role namin, ah, Your Honor.

3954
04:28:52,199 --> 04:28:54,239
Rep. Antonino B. Roman III: Maraming salamat po sa clarification.

3955
04:28:54,239 --> 04:28:57,920
Rep. Antonino B. Roman III: Sana ho, ah, gumalaw po yung aking request

3956
04:28:57,920 --> 04:28:59,040
Rep. Antonino B. Roman III: para sa aking distrito.

3957
04:28:59,040 --> 04:29:01,560
Rep. Antonino B. Roman III: Sorry, I had to, I have to fight for my district.

3958
04:29:01,560 --> 04:29:02,720
Rep. Antonino B. Roman III: Maraming salamat po.

3959
04:29:02,720 --> 04:29:04,520
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah, I can assure you, we will look into it.

3960
04:29:04,520 --> 04:29:08,239
PAGCOR Chairman and CEO Alejandro H. Tengco: In fact, that's the reason why we have the list with us.

3961
04:29:08,239 --> 04:29:09,520
PAGCOR Chairman and CEO Alejandro H. Tengco: We can confirm.

3962
04:29:09,520 --> 04:29:12,880
PAGCOR Chairman and CEO Alejandro H. Tengco: And we have confirmed that there are three,

3963
04:29:12,880 --> 04:29:14,920
PAGCOR Chairman and CEO Alejandro H. Tengco: in your district, ah,

3964
04:29:14,920 --> 04:29:17,239
PAGCOR Chairman and CEO Alejandro H. Tengco: maybe I will also candidly tell you,

3965
04:29:17,239 --> 04:29:20,000
PAGCOR Chairman and CEO Alejandro H. Tengco: at the most, maybe you can get one.

3966
04:29:20,000 --> 04:29:22,760
PAGCOR Chairman and CEO Alejandro H. Tengco: But you will not be able to get more than one.

3967
04:29:22,760 --> 04:29:24,720
PAGCOR Chairman and CEO Alejandro H. Tengco: Because, as I said,

3968
04:29:24,720 --> 04:29:27,800
PAGCOR Chairman and CEO Alejandro H. Tengco: 125 lang po yung budget natin.

3969
04:29:27,800 --> 04:29:29,600
PAGCOR Chairman and CEO Alejandro H. Tengco: One is better than nothing po.

3970
04:29:29,600 --> 04:29:30,080
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

3971
04:29:30,080 --> 04:29:30,880
PAGCOR Chairman and CEO Alejandro H. Tengco: Maraming salamat po.

3972
04:29:30,880 --> 04:29:31,610
PAGCOR Chairman and CEO Alejandro H. Tengco: Umasa po kayo, we will look into the matter.

3973
04:29:31,610 --> 04:29:32,800
PAGCOR Chairman and CEO Alejandro H. Tengco: Maraming salamat.

3974
04:29:32,800 --> 04:29:37,479
PAGCOR Chairman and CEO Alejandro H. Tengco: And we will speak to you right after the hearing.

3975
04:29:37,479 --> 04:29:39,319
Rep. Antonino B. Roman III: Salamat po, Your Honor.

3976
04:29:39,319 --> 04:29:40,920
Rep. Antonino B. Roman III: Thank you, ah, Chairman Al.

3977
04:29:40,920 --> 04:29:43,317
Rep. Mikaela Angela B. Suansing: Thank you, Representative Roman.

3978
04:29:43,317 --> 04:29:47,920
Rep. Mikaela Angela B. Suansing: We'll now move to our final interpellator from the majority,

3979
04:29:47,920 --> 04:29:50,840
Rep. Mikaela Angela B. Suansing: Representative Miro Quimbo.

3980
04:29:50,840 --> 04:29:57,560
Rep. Atty. Miro S. Quimbo: very much chairman I will promise that this will be short but but people okay

3981
04:29:57,560 --> 04:30:03,680
Rep. Atty. Miro S. Quimbo: Good afternoon, Chairman Tengco and the PAGCOR family.

3982
04:30:03,680 --> 04:30:12,159
Rep. Atty. Miro S. Quimbo: colleague congresswoman ginaldo magandang hapon posa in your chairman al

3983
04:30:12,159 --> 04:30:18,159
Rep. Atty. Miro S. Quimbo: I have a I have a question luncherman Alice along do you confirm as we had

3984
04:30:18,159 --> 04:30:24,000
Rep. Atty. Miro S. Quimbo: discussed before that meron listen shang na a big ice a marikina for the opening

3985
04:30:24,000 --> 04:30:31,765
Rep. Atty. Miro S. Quimbo: of a casino in the past yes I do confirm your honor may we know unknown status

3986
04:30:31,765 --> 04:30:42,963
Rep. Atty. Miro S. Quimbo: come to live a bit Oh Indina I the late the latest that we have heard is indiana

3987
04:30:42,963 --> 04:30:52,800
Rep. Atty. Miro S. Quimbo: of a total and we are just the proponents have gone to PAGCOR if I'm

3988
04:30:52,800 --> 04:31:02,439
Rep. Atty. Miro S. Quimbo: not mistaken your honor sometime in May or April and they're looking now at the

3989
04:31:02,439 --> 04:31:07,656
Rep. Atty. Miro S. Quimbo: possibility of moving it to another site I'm a young boy magandang balita para

3990
04:31:07,656 --> 04:31:13,118
Rep. Atty. Miro S. Quimbo: pusa amen papa salamat po kameza confirmation in your name Dina Puma to

3991
04:31:13,118 --> 04:31:19,083
Rep. Atty. Miro S. Quimbo: papu-yump one standing on entrada Ahyuto

3992
04:31:19,083 --> 04:31:23,439
Rep. Atty. Miro S. Quimbo: des want express my my position that as far as this representation is concerned

3993
04:31:23,439 --> 04:31:29,800
Rep. Atty. Miro S. Quimbo: I don't think it is fit to be placed in a government facility owned by the city

3994
04:31:29,800 --> 04:31:35,479
Rep. Atty. Miro S. Quimbo: it's not very ideal seguro may nibarra posture papega's supported amount uh

3995
04:31:35,479 --> 04:31:54,840
Rep. Atty. Miro S. Quimbo: initiatives podcasts all part of our martial here in a teeth to create all up

3996
04:31:54,840 --> 04:32:01,880
PAGCOR Chairman and CEO Alejandro H. Tengco: Actually, umasa po kayo, Congressman Miro, na akin pong titingnan muli.

3997
04:32:01,880 --> 04:32:05,439
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero uulitin ko po, sa pagkakaalam ko, hindi na po

3998
04:32:05,439 --> 04:32:09,600
PAGCOR Chairman and CEO Alejandro H. Tengco: matutuloy doon sa original site yung

3999
04:32:09,600 --> 04:32:12,640
PAGCOR Chairman and CEO Alejandro H. Tengco: kasinong binabanggit ninyo.

4000
04:32:12,640 --> 04:32:14,560
Rep. Atty. Miro S. Quimbo: Maraming salamat po, Chairman.

4001
04:32:14,560 --> 04:32:16,040
PAGCOR Chairman and CEO Alejandro H. Tengco: We will update you also.

4002
04:32:16,040 --> 04:32:17,080
Rep. Atty. Miro S. Quimbo: Yes po. Yes po.

4003
04:32:17,080 --> 04:32:21,040
PAGCOR Chairman and CEO Alejandro H. Tengco: We will update you on the latest developments, Congressman Miro.

4004
04:32:21,040 --> 04:32:27,319
Rep. Atty. Miro S. Quimbo: So, since puro bagong paaralan ang pinag-uusapan,

4005
04:32:27,319 --> 04:32:30,199
Rep. Atty. Miro S. Quimbo: Pero kami po ay pinalad noong 2014 na

4006
04:32:30,199 --> 04:32:33,439
Rep. Atty. Miro S. Quimbo: nabigyan po kami ng paaralan sa Marikina

4007
04:32:33,439 --> 04:32:34,840
Rep. Atty. Miro S. Quimbo: ng PAGCOR.

4008
04:32:34,840 --> 04:32:40,119
Rep. Atty. Miro S. Quimbo: Ang tanong na lang po siguro namin, since naiintindihan po namin na bilang na bilang po inyong pondo,

4009
04:32:40,119 --> 04:32:42,600
Rep. Atty. Miro S. Quimbo: at napakarami pong congressman na makukulit.

4010
04:32:42,600 --> 04:32:51,920
Rep. Atty. Miro S. Quimbo: Para maghanap po ng suporta sa inyo, baka naman po pwede sa amin maliit na bagay yung pagpapaayos or repairs ng school.

4011
04:32:51,920 --> 04:32:52,520
Rep. Atty. Miro S. Quimbo: Pwede po ba yun?

4012
04:32:52,520 --> 04:32:57,720
Rep. Atty. Miro S. Quimbo: Kasi never ko pa nadinig po yung, nakatatak pa rin po kasi doon yung inyong pangalan.

4013
04:32:57,720 --> 04:33:02,760
Rep. Atty. Miro S. Quimbo: So, baka naman po pwede pagtulungan natin ng minor repairs lang po yung paaralan.

4014
04:33:02,760 --> 04:33:04,119
PAGCOR Chairman and CEO Alejandro H. Tengco: Sige po, tingnan natin.

4015
04:33:04,119 --> 04:33:08,279
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang totoo po, we are not allowed to do renovation.

4016
04:33:08,279 --> 04:33:11,279
PAGCOR Chairman and CEO Alejandro H. Tengco: But pwede po natin pag-usapan.

4017
04:33:11,279 --> 04:33:11,879
PAGCOR Chairman and CEO Alejandro H. Tengco: Tingnan natin.

4018
04:33:11,879 --> 04:33:13,480
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung hindi naman malaki.

4019
04:33:13,480 --> 04:33:15,480
Rep. Atty. Miro S. Quimbo: Susulat po, kung hindi po kalaki yan.

4020
04:33:15,480 --> 04:33:18,000
Rep. Atty. Miro S. Quimbo: Opo, pagkita lang natin.

4021
04:33:18,000 --> 04:33:21,760
Rep. Atty. Miro S. Quimbo: Mangyari po sana, Your Honor, nasulatan niyo po ako.

4022
04:33:21,760 --> 04:33:22,119
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

4023
04:33:22,119 --> 04:33:24,719
PAGCOR Chairman and CEO Alejandro H. Tengco: Para matinan po natin yung inyong kahilingan.

4024
04:33:24,719 --> 04:33:29,240
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi nagbita ka na po yung mga tiles, yung mga lumang technology.

4025
04:33:29,240 --> 04:33:31,160
PAGCOR Chairman and CEO Alejandro H. Tengco: Dati pong PAGCOR ang pondo dito.

4026
04:33:31,160 --> 04:33:33,520
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR talaga. PAGCOR ang gumawa.

4027
04:33:33,520 --> 04:33:34,520
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR building po yun.

4028
04:33:34,520 --> 04:33:35,320
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo, tingnan natin.

4029
04:33:35,320 --> 04:33:37,799
PAGCOR Chairman and CEO Alejandro H. Tengco: At iba pa po ang chairman noon.

4030
04:33:37,799 --> 04:33:41,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero sigurado ko, nagpapasalamat kami sa kanya noon.

4031
04:33:41,000 --> 04:33:41,719
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero di hamak masalaman.

4032
04:33:41,719 --> 04:33:46,480
PAGCOR Chairman and CEO Alejandro H. Tengco: Mas magaling at mas magandang lalaki makisig ang chairman ngayon ng PAGCOR.

4033
04:33:46,480 --> 04:33:49,320
PAGCOR Chairman and CEO Alejandro H. Tengco: Siguro naman, mahapyawan lang kami ng kaunti.

4034
04:33:49,320 --> 04:33:50,000
PAGCOR Chairman and CEO Alejandro H. Tengco: Ano po, ha?

4035
04:33:50,000 --> 04:33:51,160
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

4036
04:33:51,160 --> 04:33:57,199
PAGCOR Chairman and CEO Alejandro H. Tengco: Palagay ko po, sa binanggit niyo na yun, siyasabihin ko na sa inyo, mangyayari po yun.

4037
04:33:57,199 --> 04:33:58,119
PAGCOR Chairman and CEO Alejandro H. Tengco: Maraming salamat.

4038
04:33:58,119 --> 04:33:59,600
Rep. Atty. Miro S. Quimbo: Chairman, maraming salamat po.

4039
04:33:59,600 --> 04:34:00,480
Rep. Atty. Miro S. Quimbo: Mabuhay po tayong lahat.

4040
04:34:00,480 --> 04:34:02,039
Rep. Atty. Miro S. Quimbo: Salamat po.

4041
04:34:02,039 --> 04:34:04,119
Rep. Mikaela Angela B. Suansing: Thank you, Representative Miro Quimbo.

4042
04:34:04,119 --> 04:34:08,639
Rep. Mikaela Angela B. Suansing: My apologies po to Chairman Mark.

4043
04:34:08,639 --> 04:34:11,240
Rep. Mikaela Angela B. Suansing: We'll now move to our next interpellator.

4044
04:34:11,240 --> 04:34:11,760
Rep. Mikaela Angela B. Suansing: Ito, totoo.

4045
04:34:11,760 --> 04:34:14,840
Rep. Mikaela Angela B. Suansing: Bada po talaga.

4046
04:34:14,840 --> 04:34:17,320
Rep. Mikaela Angela B. Suansing: Representative Mark Cojuangco.

4047
04:34:17,320 --> 04:34:24,680
Rep. Mark O. Cojuangco: Hello, Madam Chair.

4048
04:34:24,680 --> 04:34:41,967
Rep. Mark O. Cojuangco: This representation would like to thank and congratulate the PAGCOR for the continuous good work and service to our society.

4049
04:34:42,080 --> 04:34:45,480
Rep. Mark O. Cojuangco: I have a question about the hospitals.

4050
04:34:45,480 --> 04:34:49,439
Rep. Mark O. Cojuangco: Are you also funding hospitals?

4051
04:34:49,439 --> 04:34:55,600
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, we are not.

4052
04:34:55,600 --> 04:35:00,359
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR, as it is, is not funding the construction of hospitals.

4053
04:35:00,359 --> 04:35:07,561
PAGCOR Chairman and CEO Alejandro H. Tengco: But rather, our foundations are the ones helping out.

4054
04:35:07,561 --> 04:35:09,959
PAGCOR Chairman and CEO Alejandro H. Tengco: And recently, most recently...

4055
04:35:09,959 --> 04:35:18,719
PAGCOR Chairman and CEO Alejandro H. Tengco: Just in the last week of July, we inaugurated a multi-specialty hospital in Clark.

4056
04:35:18,719 --> 04:35:28,920
PAGCOR Chairman and CEO Alejandro H. Tengco: And that was funded by Bloomberry Foundation, which is the foundation arm of Solair.

4057
04:35:28,920 --> 04:35:35,480
PAGCOR Chairman and CEO Alejandro H. Tengco: So they did budget and they spent more than a billion pesos.

4058
04:35:35,480 --> 04:35:39,004
PAGCOR Chairman and CEO Alejandro H. Tengco: And PAGCOR helped in purchasing equipment.

4059
04:35:39,004 --> 04:35:44,320
PAGCOR Chairman and CEO Alejandro H. Tengco: And now, we have the equipment that is going to be used for the said hospital.

4060
04:35:44,320 --> 04:35:47,279
PAGCOR Chairman and CEO Alejandro H. Tengco: So, that is the situation.

4061
04:35:47,279 --> 04:36:00,719
PAGCOR Chairman and CEO Alejandro H. Tengco: Case-to-case basis, it is the foundations of the different licenses that normally fund these big-ticket items.

4062
04:36:00,719 --> 04:36:07,160
PAGCOR Chairman and CEO Alejandro H. Tengco: Because, Your Honor, when it comes to big-tickets, we will be spreading ourselves very thinly.

4063
04:36:07,160 --> 04:36:08,760
PAGCOR Chairman and CEO Alejandro H. Tengco: So, we solicit the help.

4064
04:36:08,760 --> 04:36:13,680
PAGCOR Chairman and CEO Alejandro H. Tengco: The help of the foundations of the different hospitals.

4065
04:36:13,680 --> 04:36:20,240
PAGCOR Chairman and CEO Alejandro H. Tengco: Another case is the Conrado Estrella Hospital in Pangasinan.

4066
04:36:20,240 --> 04:36:23,319
PAGCOR Chairman and CEO Alejandro H. Tengco: I know, Your Honor, that you are there.

4067
04:36:23,319 --> 04:36:25,799
PAGCOR Chairman and CEO Alejandro H. Tengco: It is just a small hospital.

4068
04:36:25,799 --> 04:36:34,160
PAGCOR Chairman and CEO Alejandro H. Tengco: But we were able to, I think, give 100 million pesos during the time of my predecessor.

4069
04:36:34,160 --> 04:36:37,139
PAGCOR Chairman and CEO Alejandro H. Tengco: And then, there was only equipment needed.

4070
04:36:37,139 --> 04:36:46,439
PAGCOR Chairman and CEO Alejandro H. Tengco: That is where I came in and we helped in the Conrado Estrella District Hospital.

4071
04:36:46,439 --> 04:36:51,480
PAGCOR Chairman and CEO Alejandro H. Tengco: Thank you, Mr. Chair.

4072
04:36:51,480 --> 04:36:59,160
Rep. Mark O. Cojuangco: Yes, the Conrado Estrella is in the 6th District of Pangasinan.

4073
04:36:59,160 --> 04:37:03,840
Rep. Mark O. Cojuangco: I represent the 2nd District of Pangasinan.

4074
04:37:03,840 --> 04:37:05,658
Rep. Mark O. Cojuangco: So, this representation...

4075
04:37:10,719 --> 04:37:18,879
Rep. Mark O. Cojuangco: And it so happens that the amount that we are looking at for a hospital is around the one billion mark

4076
04:37:18,879 --> 04:37:23,320
Rep. Mark O. Cojuangco: you were talking about.

4077
04:37:23,320 --> 04:37:28,480
Rep. Mark O. Cojuangco: If Faggoy cannot help with that,

4078
04:37:28,480 --> 04:37:36,840
Rep. Mark O. Cojuangco: So can it help, such that the amount that the DOH has to carry...

4079
04:37:36,840 --> 04:37:39,600
Rep. Mark O. Cojuangco: Could there be a response?

4080
04:37:39,600 --> 04:37:50,439
PAGCOR Chairman and CEO Alejandro H. Tengco: the lesson um your honor the problem there is um you have to liquidate the whatever we give

4081
04:37:50,439 --> 04:38:00,760
PAGCOR Chairman and CEO Alejandro H. Tengco: so so long as you are not able to do so you will be restricted from receiving any aid from PAGCOR

4082
04:38:00,760 --> 04:38:08,160
PAGCOR Chairman and CEO Alejandro H. Tengco: because that is the law so meaning the problem that i see there uh your honor is uh if you will

4083
04:38:08,160 --> 04:38:16,400
PAGCOR Chairman and CEO Alejandro H. Tengco: be able to get a funding from the doh that will not be sufficient and let's say we to help you

4084
04:38:16,400 --> 04:38:24,879
PAGCOR Chairman and CEO Alejandro H. Tengco: we're also able to to donate a certain amount and despite that you will not be able to complete the

4085
04:38:24,879 --> 04:38:31,199
PAGCOR Chairman and CEO Alejandro H. Tengco: project um you might you will be barred uh from

4086
04:38:31,199 --> 04:38:44,600
PAGCOR Chairman and CEO Alejandro H. Tengco: receiving any form of aid or support from PAGCOR which has happened uh in a few instances and they

4087
04:38:44,600 --> 04:38:50,959
PAGCOR Chairman and CEO Alejandro H. Tengco: have to finish the project and sometimes the project takes years to complete and you will

4088
04:38:50,959 --> 04:39:00,719
PAGCOR Chairman and CEO Alejandro H. Tengco: be sacrificing the possibility of receiving other support so that's the reason why under our charter

4089
04:39:00,719 --> 04:39:10,840
PAGCOR Chairman and CEO Alejandro H. Tengco: it is uh we're being directed to cons help construct rather than i mean help construct one

4090
04:39:10,840 --> 04:39:19,779
PAGCOR Chairman and CEO Alejandro H. Tengco: that is funded to be completed rather than just giving out an amount that will just be added

4091
04:39:19,779 --> 04:39:29,600
PAGCOR Chairman and CEO Alejandro H. Tengco: hospital will con consist of several buildings anyway you know so maybe a portion yeah so portion

4092
04:39:29,600 --> 04:39:30,639
PAGCOR Chairman and CEO Alejandro H. Tengco: can be

4093
04:39:30,639 --> 04:39:38,080
PAGCOR Chairman and CEO Alejandro H. Tengco: funded by course or maybe may i suggest your honor maybe even better would be the

4094
04:39:38,080 --> 04:39:43,760
PAGCOR Chairman and CEO Alejandro H. Tengco: hospital equipment yes it can be used in a completed building of yours exactly that is

4095
04:39:43,760 --> 04:39:51,400
Rep. Mark O. Cojuangco: where maybe we can we can help you your honor yeah mr chairman uh i'd just like uh you the PAGCOR to

4096
04:39:51,400 --> 04:40:00,718
Rep. Mark O. Cojuangco: know that uh the district two of pangasinan is the second most populous district in the entire province

4097
04:40:00,718 --> 04:40:11,040
Rep. Mark O. Cojuangco: we have six districts but uh ever since uh this president uh assumed office in 2022 our district

4098
04:40:11,040 --> 04:40:20,520
Rep. Mark O. Cojuangco: has received the least uh to the tune of uh more than two and a half billion pesos there is two

4099
04:40:20,520 --> 04:40:30,600
Rep. Mark O. Cojuangco: more years uh of this administration before it expires and i'm hell-bent on trying to at least be

4100
04:40:30,600 --> 04:40:41,520
Rep. Mark O. Cojuangco: at par with uh the other districts in the province so any help that pagor can give to

4101
04:40:41,520 --> 04:40:48,760
Rep. Mark O. Cojuangco: kind of make up for that shortfall will be greatly appreciated this is the same appeal

4102
04:40:48,760 --> 04:41:00,600
Rep. Mark O. Cojuangco: that i have made to the doh to the dpwh uh etc to all agencies of government so i just like you to

4103
04:41:00,600 --> 04:41:08,958
PAGCOR Chairman and CEO Alejandro H. Tengco: know that uh mr chairman yeah your honor as i had mentioned uh maybe if you're in the process of

4104
04:41:08,958 --> 04:41:16,240
PAGCOR Chairman and CEO Alejandro H. Tengco: completing one of the many buildings you had mentioned then we can possibly look into the

4105
04:41:16,240 --> 04:41:24,840
PAGCOR Chairman and CEO Alejandro H. Tengco: possibility of us working together for uh hospital equipment that or or whatever equipment you will

4106
04:41:24,840 --> 04:41:30,680
PAGCOR Chairman and CEO Alejandro H. Tengco: need so that the this said completed project hospital project that you have

4107
04:41:30,680 --> 04:41:38,680
PAGCOR Chairman and CEO Alejandro H. Tengco: can already run and can be operational so may i request your honor that you write us a letter

4108
04:41:38,680 --> 04:41:49,760
PAGCOR Chairman and CEO Alejandro H. Tengco: and from there we can set a meeting and we can further discuss the possibilities that we can work

4109
04:41:49,760 --> 04:42:00,958
Rep. Mark O. Cojuangco: we will do so uh mr chairman madam chair and uh we will pursue that line of that recommendation

4110
04:42:00,958 --> 04:42:11,840
Rep. Mark O. Cojuangco: to the government and to PAGCOR thank you so much uh madam chair that ends my line of questioning

4111
04:42:11,840 --> 04:42:14,228
Rep. Mikaela Angela B. Suansing: Thank you, Representative Mark Cojuangco.

4112
04:44:17,467 --> 04:44:19,306
Rep. Mikaela Angela B. Suansing: briefing is suspended

4113
04:48:17,638 --> 04:48:26,878
Senior Deputy Speaker Ferdinand L. Hernandez: Madam Chair, I don't have a question for the Chairman. It should be for Attorney Aguinaldo.

4114
04:48:26,878 --> 04:48:33,240
Senior Deputy Speaker Ferdinand L. Hernandez: Just a joke. Don't forget the 2nd District, South Cotabato. Thank you.

4115
04:48:33,240 --> 04:48:37,840
Rep. Mikaela Angela B. Suansing: With that manifestation from Senior Deputy Speaker Ferdinand Hernandez,

4116
04:48:37,840 --> 04:48:48,040
Rep. Mikaela Angela B. Suansing: looking at the room and the list of interpellators, it seems like we're done with the interpellations for today.

4117
04:48:48,040 --> 04:48:52,680
Rep. Mikaela Angela B. Suansing: Given that, may I hear a motion?

4118
04:48:52,680 --> 04:49:01,474
Committee member (motion mover): I move that we terminate the budget briefing of the Philippine Amusement and Gaming Corporation, Madam Chair.

4119
04:49:01,474 --> 04:49:03,680
Committee member: Second.

4120
04:49:03,680 --> 04:49:09,520
Rep. Mikaela Angela B. Suansing: There is a motion to terminate the budget briefing of the Philippine Amusement and Gaming Corporation.

4121
04:49:09,520 --> 04:49:14,214
Rep. Mikaela Angela B. Suansing: It has been duly seconded. The motion is carried.

4122
04:49:14,214 --> 04:49:15,958
Rep. Mikaela Angela B. Suansing: Thank you very much.

4123
04:49:15,958 --> 04:49:17,280
Rep. Mikaela Angela B. Suansing: only five hours.

4124
04:49:17,280 --> 04:49:20,638
Rep. Mikaela Angela B. Suansing: I was going to say that last year it took us 9 hours.

4125
04:49:20,638 --> 04:49:23,878
Rep. Mikaela Angela B. Suansing: I hope in my final year it will only be 1 hour.

4126
04:49:23,878 --> 04:49:29,320
Rep. Mikaela Angela B. Suansing: Thank you, Chairman Alejandro H. Tengco.

4127
04:49:29,320 --> 04:49:32,200
Rep. Mikaela Angela B. Suansing: Thank you to the officials of PAGCOR.

4128
04:49:32,200 --> 04:49:39,000
Rep. Mikaela Angela B. Suansing: Thank you, of course, to our colleagues for the active participation in today's briefing.

4129
04:49:39,000 --> 04:49:50,280
Rep. Mikaela Angela B. Suansing: Chair Al, we'll just coordinate with the PAGCOR officials with regard to all the data requests.

4130
04:49:50,280 --> 04:49:55,878
Rep. Mikaela Angela B. Suansing: Again, thank you very much, Chairman Alejandro H. Tengco, and to the PAGCOR family for making time

4131
04:49:55,878 --> 04:50:06,718
Rep. Mikaela Angela B. Suansing: and being available in the rescheduled time for the briefing of the Philippine Amusement and Gaming Corporation.

4132
04:50:06,718 --> 04:50:13,080
Rep. Mikaela Angela B. Suansing: And with that, the committee proceedings are hereby suspended here in Romaldes Hall

4133
04:50:13,080 --> 04:50:18,000
Rep. Mikaela Angela B. Suansing: and will resume at 3 p.m. for the Philippine Charity Sweepstakes Office

4134
04:50:18,000 --> 04:50:18,958
Rep. Mikaela Angela B. Suansing: Budget Briefing.

4135
04:50:18,958 --> 04:50:26,200
Rep. Mikaela Angela B. Suansing: But just to clarify the said motion, there are now concurrent hearings going on in different rooms

4136
04:50:26,200 --> 04:50:30,160
Rep. Mikaela Angela B. Suansing: for the Department of Justice and the Department of Trade and Industry.

4137
04:50:30,160 --> 04:50:35,280
Rep. Mikaela Angela B. Suansing: So the suspension only applies for the briefing here in Romaldes Hall.

4138
04:50:35,280 --> 04:50:42,200
Rep. Mikaela Angela B. Suansing: The briefing here in Romaldes Hall is hereby suspended until 3 p.m.

4139
04:50:42,200 --> 04:50:48,360
Rep. Mikaela Angela B. Suansing: for the briefing of the Philippine Charity Sweepstakes Office.