WEBVTT

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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.

asr-000196
00:43:49.190 --> 00:43:51.280
PAGCOR Assistant Vice President Eric I. Balcos: Every facility will be equipped with student chairs and tables,

asr-000197
00:43:56.109 --> 00:43:58.520
PAGCOR Assistant Vice President Eric I. Balcos: PWD-friendly amenities, electric fans, microphones, a 75-inch smart TV,

asr-000198
00:43:59.829 --> 00:44:01.790
PAGCOR Assistant Vice President Eric I. Balcos: and a one-year internet subscription.

asr-000199
00:44:03.839 --> 00:44:05.950
PAGCOR Assistant Vice President Eric I. Balcos: Site selection is determined upon the recommendation of the Department of Education

asr-000200
00:44:08.710 --> 00:44:11.000
PAGCOR Assistant Vice President Eric I. Balcos: and the capability of recipient local government units

asr-000201
00:44:12.960 --> 00:44:14.910
PAGCOR Assistant Vice President Eric I. Balcos: to complete the school buildings awarded to them.

asr-000202
00:44:14.920 --> 00:44:18.390
PAGCOR Assistant Vice President Eric I. Balcos: Next slide, please.

asr-000203
00:44:20.990 --> 00:44:22.240
PAGCOR Assistant Vice President Eric I. Balcos: In line with President Ferdinand R. Marcos, Jr.'s order

asr-000204
00:44:23.470 --> 00:44:26.870
PAGCOR Assistant Vice President Eric I. Balcos: to improve emergency and medical services in far-flung areas,

asr-000205
00:44:28.576 --> 00:44:30.685
PAGCOR Assistant Vice President Eric I. Balcos: PAGCOR has been donating

asr-000206
00:44:30.685 --> 00:44:31.512
PAGCOR Assistant Vice President Eric I. Balcos: has been donating

asr-000207
00:44:32.270 --> 00:44:33.920
PAGCOR Assistant Vice President Eric I. Balcos: patient transport vehicles to local government units,

asr-000208
00:44:34.309 --> 00:44:37.160
PAGCOR Assistant Vice President Eric I. Balcos: public hospitals, frontline agencies,

asr-000209
00:44:37.630 --> 00:44:40.150
PAGCOR Assistant Vice President Eric I. Balcos: as well as non-government organizations.

asr-000210
00:44:40.160 --> 00:44:43.280
PAGCOR Assistant Vice President Eric I. Balcos: Each vehicle is equipped with GPS,

asr-000211
00:44:43.510 --> 00:44:46.359
PAGCOR Assistant Vice President Eric I. Balcos: an ambulance stretcher, oxygen tank, wheelchair,

asr-000212
00:44:48.829 --> 00:44:51.630
PAGCOR Assistant Vice President Eric I. Balcos: and first aid kit to provide immediate medical care to those in need.

asr-000213
00:44:54.549 --> 00:44:56.200
PAGCOR Assistant Vice President Eric I. Balcos: To date, PAGCOR has donated close to 250 PTVs

asr-000214
00:44:57.670 --> 00:44:59.470
PAGCOR Assistant Vice President Eric I. Balcos: to various recipients across the country.

asr-000215
00:44:59.470 --> 00:45:05.430
PAGCOR Assistant Vice President Eric I. Balcos: the country next slide every year destructive typhoons and other natural disasters impact

asr-000216
00:45:07.470 --> 00:45:12.829
PAGCOR Assistant Vice President Eric I. Balcos: the philippines resulting in casualties and causing millions of pesos worth of losses in

asr-000217
00:45:19.589 --> 00:45:22.525
PAGCOR Assistant Vice President Eric I. Balcos: agriculture, infrastructure, and livelihood. PAGCOR helps ease the effects of natural calamities by

asr-000218
00:45:25.950 --> 00:45:27.760
PAGCOR Assistant Vice President Eric I. Balcos: providing immediate assistance to affected individuals and families in 2025 and in the

asr-000219
00:45:32.630 --> 00:45:35.200
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

asr-000220
00:45:38.349 --> 00:45:43.240
PAGCOR Assistant Vice President Eric I. Balcos: non-food packs for distribution in areas hit by typhoons floods earthquakes volcanic eruptions

asr-000221
00:45:43.240 --> 00:45:57.359
PAGCOR Assistant Vice President Eric I. Balcos: and fires. On July 24, 2026, PAGCOR, together with the Bloomberry Cultural Foundation, Inc.,

asr-000222
00:45:58.520 --> 00:46:02.119
PAGCOR Assistant Vice President Eric I. Balcos: the clark development corporation and the department of health

asr-000223
00:46:04.520 --> 00:46:06.880
PAGCOR Assistant Vice President Eric I. Balcos: inaugurated the Jose B. Lingad Children's Medical Center,

asr-000224
00:46:08.430 --> 00:46:12.599
PAGCOR Assistant Vice President Eric I. Balcos: the first facility completed under the clark multi-specialty medical center project

asr-000225
00:46:13.630 --> 00:46:15.760
PAGCOR Assistant Vice President Eric I. Balcos: The inauguration was graced by His Excellency President Ferdinand R. Marcos Jr.

asr-000226
00:46:20.950 --> 00:46:22.829
PAGCOR Assistant Vice President Eric I. Balcos: the state-of-the-art pediatric facility is equipped with advanced medical machines

asr-000227
00:46:25.549 --> 00:46:30.599
PAGCOR Assistant Vice President Eric I. Balcos: including ai assisted diagnostic equipment enabling faster and more accurate diagnosis

asr-000228
00:46:33.215 --> 00:46:36.472
PAGCOR Assistant Vice President Eric I. Balcos: of pediatric conditions that will significantly enhance health care delivery for children

asr-000229
00:46:37.750 --> 00:46:43.150
PAGCOR Assistant Vice President Eric I. Balcos: in Central Luzon and neighboring regions. PAGCOR contributed P360 million worth of medical

asr-000230
00:46:45.549 --> 00:46:50.960
PAGCOR Assistant Vice President Eric I. Balcos: equipment for the project while the bloomberry cultural foundation incorporated provided 1 billion

asr-000231
00:46:52.559 --> 00:46:59.829
PAGCOR Assistant Vice President Eric I. Balcos: pesos for the construction and development of the facility. That ends our report po. We wish

asr-000232
00:47:00.950 --> 00:47:09.759
PAGCOR Assistant Vice President Eric I. Balcos: to thank the House Committee on Appropriations for inviting PAGCOR today.

asr-000233
00:47:09.760 --> 00:47:18.240
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.

asr-000234
00:47:18.240 --> 00:47:56.000
Rep. Mikaela Angela B. Suansing: Twenty seconds po, very quickly. Thank you very much, Chairman Tengco, Vice President De Guia, and

asr-000235
00:47:56.000 --> 00:48:01.640
Rep. Mikaela Angela B. Suansing: Assistant Vice President Balcos, for that presentation.

asr-000236
00:48:01.640 --> 00:48:05.200
Rep. Mikaela Angela B. Suansing: i think that was one of the main questions that i posed also in the

asr-000237
00:48:05.200 --> 00:48:14.599
Rep. Mikaela Angela B. Suansing: opening statement which is there is an 18 percent decrease from the 2025 actual total income

asr-000238
00:48:14.599 --> 00:48:28.760
Rep. Mikaela Angela B. Suansing: projection of 106 billion down to 86.94 95 billion in 2026 may we request clarification

asr-000239
00:48:28.760 --> 00:48:36.079
Rep. Mikaela Angela B. Suansing: that is really because of the downturn in gaming operations income so may we request for a

asr-000240
00:48:36.079 --> 00:48:48.760
Rep. Mikaela Angela B. Suansing: um an explanation to explain the downturn in in total income from 2025 to 2026

asr-000241
00:48:48.760 --> 00:48:53.720
PAGCOR Chairman and CEO Alejandro H. Tengco: Good morning chairperson Suansing

asr-000242
00:48:53.720 --> 00:48:55.240
PAGCOR Chairman and CEO Alejandro H. Tengco: you're referring to the decline in our

asr-000243
00:48:55.240 --> 00:49:01.160
PAGCOR Chairman and CEO Alejandro H. Tengco: revenue as to the reasons okay there are a few reasons in

asr-000244
00:49:01.160 --> 00:49:05.756
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

asr-000245
00:49:05.756 --> 00:49:06.317
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

asr-000246
00:49:06.317 --> 00:49:15.359
PAGCOR Chairman and CEO Alejandro H. Tengco: 2025 to 2026 there were so many events that transpired number one was the the linking

asr-000247
00:49:15.359 --> 00:49:26.559
PAGCOR Chairman and CEO Alejandro H. Tengco: in uh september or towards the last quarter of uh last year of the e-wallets

asr-000248
00:49:26.559 --> 00:49:36.280
PAGCOR Chairman and CEO Alejandro H. Tengco: customers there was an order coming from the senate in a hearing sometime in september

asr-000249
00:49:36.280 --> 00:49:43.880
PAGCOR Chairman and CEO Alejandro H. Tengco: of last year requesting the banco central philippinas to implement the delinking of

asr-000250
00:49:43.880 --> 00:49:58.319
PAGCOR Chairman and CEO Alejandro H. Tengco: the payment apps online gaming customers so we after that was implemented we had experienced

asr-000251
00:49:58.319 --> 00:50:12.319
PAGCOR Chairman and CEO Alejandro H. Tengco: a downtrend of about 40 percent uh in gaming activities

asr-000252
00:50:12.319 --> 00:50:19.720
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

asr-000253
00:50:19.720 --> 00:50:31.920
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

asr-000254
00:50:31.920 --> 00:50:34.520
PAGCOR Chairman and CEO Alejandro H. Tengco: noticed that

asr-000255
00:50:34.520 --> 00:50:37.160
PAGCOR Chairman and CEO Alejandro H. Tengco: decline from 40

asr-000256
00:50:37.160 --> 00:50:50.680
PAGCOR Chairman and CEO Alejandro H. Tengco: towards the early part of 2026

asr-000257
00:50:50.680 --> 00:50:56.559
PAGCOR Chairman and CEO Alejandro H. Tengco: unfortunately the middle east crisis happened and truly

asr-000258
00:50:56.559 --> 00:51:06.839
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

asr-000259
00:51:06.839 --> 00:51:19.000
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

asr-000260
00:51:19.000 --> 00:51:29.280
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

asr-000261
00:51:29.280 --> 00:51:36.559
PAGCOR Chairman and CEO Alejandro H. Tengco: we saw an increase in gaming activity of about 10 percent and

asr-000262
00:51:36.559 --> 00:51:45.640
PAGCOR Chairman and CEO Alejandro H. Tengco: the in august uh still on that same level so hopefully as economic conditions improve

asr-000263
00:51:45.640 --> 00:51:51.400
PAGCOR Chairman and CEO Alejandro H. Tengco: then we will be able to have better revenue coming from online gaming

asr-000264
00:51:51.400 --> 00:52:01.400
PAGCOR Chairman and CEO Alejandro H. Tengco: now with regard to land-based casinos and i'm referring to our big licenses

asr-000265
00:52:01.400 --> 00:52:07.359
PAGCOR Chairman and CEO Alejandro H. Tengco: pong integrated resorts

asr-000266
00:52:07.359 --> 00:52:14.839
PAGCOR Chairman and CEO Alejandro H. Tengco: very weak thank you

asr-000267
00:52:14.839 --> 00:52:23.280
PAGCOR Chairman and CEO Alejandro H. Tengco: 2026 however a good sign is there is now an uptick in the number of tourists

asr-000268
00:52:23.280 --> 00:52:34.640
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

asr-000269
00:52:34.640 --> 00:52:46.480
PAGCOR Chairman and CEO Alejandro H. Tengco: end of July and early August. I had received reports from our licensees that the number of

asr-000270
00:52:46.480 --> 00:52:55.920
PAGCOR Chairman and CEO Alejandro H. Tengco: tourists who are patronizing the integrated resorts have started to also improve in the last

asr-000271
00:52:55.920 --> 00:53:08.559
PAGCOR Chairman and CEO Alejandro H. Tengco: month and a half. So if the trend continues and considering that the peak season for gaming

asr-000272
00:53:08.559 --> 00:53:14.599
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

asr-000273
00:53:14.599 --> 00:53:24.520
PAGCOR Chairman and CEO Alejandro H. Tengco: able to recover the weak revenue in the first half towards the latter part of this year.

asr-000274
00:53:24.520 --> 00:53:26.880
Rep. Mikaela Angela B. Suansing: Thank you, Chairman Al.

asr-000275
00:53:26.880 --> 00:53:27.160
Rep. Mikaela Angela B. Suansing: Just

asr-000276
00:53:27.160 --> 00:53:35.319
Rep. Mikaela Angela B. Suansing: wanted to highlight that despite the 20 billion decrease in the estimated total income from 2025

asr-000277
00:53:35.319 --> 00:53:43.680
Rep. Mikaela Angela B. Suansing: to 2026, the total contributions to nation building did not actually go down by much. From

asr-000278
00:53:43.680 --> 00:53:56.319
Rep. Mikaela Angela B. Suansing: 2025, level of 66.9 billion, despite the 20 billion decrease in total income, 8.3% or 5.5

asr-000279
00:53:56.319 --> 00:54:03.319
Rep. Mikaela Angela B. Suansing: billion decreased in contributions to nation building. So we just like to

asr-000280
00:54:03.319 --> 00:54:11.839
Rep. Mikaela Angela B. Suansing: commend PAGCOR for that despite the downturn in total income, the contributions to nation

asr-000281
00:54:11.839 --> 00:54:18.000
Rep. Mikaela Angela B. Suansing: building still remained intact, more or less. So it didn't see that big of a downturn. So

asr-000282
00:54:18.000 --> 00:54:29.359
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

asr-000283
00:54:29.359 --> 00:54:32.839
PAGCOR Chairman and CEO Alejandro H. Tengco: thank you for that comment and what i

asr-000284
00:54:32.839 --> 00:54:46.599
PAGCOR Chairman and CEO Alejandro H. Tengco: want to emphasize kaya dimpulu makian i we are now implementing effective january 1st 2026 the

asr-000285
00:54:46.599 --> 00:54:52.280
PAGCOR Chairman and CEO Alejandro H. Tengco: ruling with finality of the supreme court

asr-000286
00:54:52.280 --> 00:54:55.839
PAGCOR Chairman and CEO Alejandro H. Tengco: initially

asr-000287
00:54:55.839 --> 00:55:06.839
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

asr-000288
00:55:06.839 --> 00:55:14.000
PAGCOR Chairman and CEO Alejandro H. Tengco: corps remittance to the philippine sports commission uh during the time of then president

asr-000289
00:55:14.000 --> 00:55:23.445
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

asr-000290
00:55:23.445 --> 00:55:23.680
PAGCOR Chairman and CEO Alejandro H. Tengco: percent

asr-000291
00:55:23.680 --> 00:55:36.760
PAGCOR Chairman and CEO Alejandro H. Tengco: of gaming revenue only so yumpuyo interpretation nung panahong po ni president fidel valdez ramos

asr-000292
00:55:36.760 --> 00:55:45.640
PAGCOR Chairman and CEO Alejandro H. Tengco: pero nito pong ah towards the last quarter of 2025 nagkaroon pong ng ruling with finality na

asr-000293
00:55:45.640 --> 00:55:52.160
PAGCOR Chairman and CEO Alejandro H. Tengco: ang korte suprema at ang interpretation pong ngayon hindi po interpretation ang kanila pong

asr-000294
00:55:52.160 --> 00:56:00.559
PAGCOR Chairman and CEO Alejandro H. Tengco: ruling ang remittance po dapat ng gobyern ng PAGCOR ngayon sa philippine sports commission

asr-000295
00:56:00.559 --> 00:56:13.240
PAGCOR Chairman and CEO Alejandro H. Tengco: ay dapat po, Chairperson Suansing, five percent of our gross income. Ang nakalulungkot po rito

asr-000296
00:56:13.240 --> 00:56:24.039
PAGCOR Chairman and CEO Alejandro H. Tengco: ay the the case was filed in 1993 the ruling with finality

asr-000297
00:56:24.039 --> 00:56:37.160
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

asr-000298
00:56:37.160 --> 00:56:47.440
PAGCOR Chairman and CEO Alejandro H. Tengco: sa kadaylanan po nun kasalukuyan pong nakikipag usap kami sa philippine sports commission

asr-000299
00:56:47.440 --> 00:56:53.480
PAGCOR Chairman and CEO Alejandro H. Tengco: sapagkat ang pinababayaran po ayon sa disisyon ng supreme court sa PAGCOR

asr-000300
00:56:53.480 --> 00:57:05.440
PAGCOR Chairman and CEO Alejandro H. Tengco: ng philippine sports commission dahil batro aktib yon ruling ay kumikikubo lang po bottom seven Hey

asr-000301
00:57:05.440 --> 00:57:12.599
PAGCOR Chairman and CEO Alejandro H. Tengco: yo alooooo targeting ang ulil inch Puis Healing in our motion for reconsideration a ast locations

asr-000302
00:57:12.599 --> 00:57:18.973
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

asr-000303
00:57:18.973 --> 00:57:21.520
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

asr-000304
00:57:21.520 --> 00:57:26.559
PAGCOR Chairman and CEO Alejandro H. Tengco: So, one, kaya double whammy po ang effect sa PAGCOR eh.

asr-000305
00:57:26.559 --> 00:57:33.680
PAGCOR Chairman and CEO Alejandro H. Tengco: Una, kami po ay from an average of 190 million pesos a month

asr-000306
00:57:33.680 --> 00:57:38.119
PAGCOR Chairman and CEO Alejandro H. Tengco: sa Philippine Sports Commission contribution ng PAGCOR.

asr-000307
00:57:38.119 --> 00:57:44.880
PAGCOR Chairman and CEO Alejandro H. Tengco: Ngayon po ay hindi na kami bumababa sa mahigit 300 million piso kada buwan.

asr-000308
00:57:44.880 --> 00:57:51.720
PAGCOR Chairman and CEO Alejandro H. Tengco: At bukod po roon, meron po kaming ongoing talks with PSC

asr-000309
00:57:51.720 --> 00:57:56.480
PAGCOR Chairman and CEO Alejandro H. Tengco: kailangan na rin po kami mag-upisa magbayad noong retroactive payment

asr-000310
00:57:56.480 --> 00:57:59.280
PAGCOR Chairman and CEO Alejandro H. Tengco: doon sa utang namin na 37 billion.

asr-000311
00:57:59.280 --> 00:58:08.400
PAGCOR Chairman and CEO Alejandro H. Tengco: So, on our end, mabigat po yun sapagat nowhere did PAGCOR project through the years

asr-000312
00:58:08.400 --> 00:58:10.839
PAGCOR Chairman and CEO Alejandro H. Tengco: that we will have to pay.

asr-000313
00:58:10.839 --> 00:58:15.480
PAGCOR Chairman and CEO Alejandro H. Tengco: But we respect the decision of the Supreme Court.

asr-000314
00:58:15.480 --> 00:58:17.680
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi ko man po panahon yun eh.

asr-000315
00:58:17.680 --> 00:58:18.799
PAGCOR Chairman and CEO Alejandro H. Tengco: Wala po tayong magagawa.

asr-000316
00:58:18.799 --> 00:58:21.039
PAGCOR Chairman and CEO Alejandro H. Tengco: Kailangan pong...

asr-000317
00:58:21.039 --> 00:58:26.119
PAGCOR Chairman and CEO Alejandro H. Tengco: sundin at implement natin ang naging ruling ng Korte Suprema.

asr-000318
00:58:26.119 --> 00:58:32.000
PAGCOR Chairman and CEO Alejandro H. Tengco: So, yun po, Chairperson Suansing at members of this committee,

asr-000319
00:58:32.000 --> 00:58:38.799
PAGCOR Chairman and CEO Alejandro H. Tengco: ang isa sa pangunahing dahilan kung bakit tumaas yung contribution sa nation building.

asr-000320
00:58:38.799 --> 00:58:43.520
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang totoo po, yung na-contribute namin in 2025,

asr-000321
00:58:43.520 --> 00:58:50.960
PAGCOR Chairman and CEO Alejandro H. Tengco: ay nahigitan na po ng contribution namin from January to July of 2020.

asr-000322
00:58:50.960 --> 00:58:59.039
PAGCOR Chairman and CEO Alejandro H. Tengco: So, ganun po kalaki talaga ang naging efekto ng ruling ng Korte Suprema

asr-000323
00:58:59.039 --> 00:59:04.960
PAGCOR Chairman and CEO Alejandro H. Tengco: sa kasalukuyang financial state ng PAGCOR.

asr-000324
00:59:04.960 --> 00:59:06.440
Rep. Mikaela Angela B. Suansing: Thank you po, Chairman Al.

asr-000325
00:59:06.440 --> 00:59:10.359
Rep. Mikaela Angela B. Suansing: Actually, last year po when we had their budget deliberations, wala pang ruling.

asr-000326
00:59:10.359 --> 00:59:12.280
Rep. Mikaela Angela B. Suansing: Hindi pa po nag-rule noon with financial...

asr-000327
00:59:12.280 --> 00:59:19.920
PAGCOR Chairman and CEO Alejandro H. Tengco: Although, Chairperson, noong pong panahon na yun, meron na po kami motion for reconsideration.

asr-000328
00:59:19.920 --> 00:59:24.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero, as I mentioned, October po nung nag-ano,

asr-000329
00:59:24.000 --> 00:59:30.760
PAGCOR Chairman and CEO Alejandro H. Tengco: ang ginawa ko naman po at pumayag din naman po si Chairman Pato Gregorio

asr-000330
00:59:30.760 --> 00:59:36.280
PAGCOR Chairman and CEO Alejandro H. Tengco: at namagitan po sa amin ay si Executive Secretary Ralph Recto,

asr-000331
00:59:36.280 --> 00:59:41.000
PAGCOR Chairman and CEO Alejandro H. Tengco: effective na lang muna January 1, 2026.

asr-000332
00:59:41.000 --> 00:59:43.680
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya, yun po ay...

asr-000333
00:59:43.680 --> 00:59:47.799
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang ginawa ko para hindi na last two months na lamang,

asr-000334
00:59:47.799 --> 00:59:49.880
PAGCOR Chairman and CEO Alejandro H. Tengco: nakiusap po ako na yung...

asr-000335
00:59:49.880 --> 00:59:53.520
PAGCOR Chairman and CEO Alejandro H. Tengco: January 1, 2026 na lamang.

asr-000336
00:59:53.520 --> 00:59:56.680
PAGCOR Chairman and CEO Alejandro H. Tengco: At pagkatapos naman po, yung utang...

asr-000337
00:59:56.680 --> 01:00:01.280
PAGCOR Chairman and CEO Alejandro H. Tengco: eh pag-uusapan na lang namin kung paano namin babayaran.

asr-000338
01:00:01.280 --> 01:00:06.559
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero sampun taon lang po ang ipinagkaloob ng Supreme Court sa PAGCOR

asr-000339
01:00:06.559 --> 01:00:11.280
PAGCOR Chairman and CEO Alejandro H. Tengco: na isettle yung nasabing pagkakautang na ito.

asr-000340
01:00:11.280 --> 01:00:12.119
Rep. Mikaela Angela B. Suansing: Thank you, Chairman Al.

asr-000341
01:00:12.119 --> 01:00:17.839
PAGCOR Chairman and CEO Alejandro H. Tengco: So at 37 billion po across 10 years, ang dagdag po 3.7 billion per year.

asr-000342
01:00:17.839 --> 01:00:26.319
PAGCOR Chairman and CEO Alejandro H. Tengco: So, Chairperson, para pong lumalabas, more or less P300 million a month

asr-000343
01:00:26.319 --> 01:00:28.200
PAGCOR Chairman and CEO Alejandro H. Tengco: ang aming kailangan bayaran.

asr-000344
01:00:28.200 --> 01:00:38.039
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya ito po ay makaka-apekto sa aming mga projects, sa aming mga pinagkakaloob na tulong

asr-000345
01:00:38.039 --> 01:00:44.799
PAGCOR Chairman and CEO Alejandro H. Tengco: sapagkat P300 million, imbis na maitulong na natin yan sa nation-building,

asr-000346
01:00:44.799 --> 01:00:52.079
PAGCOR Chairman and CEO Alejandro H. Tengco: kailangan ko pong ibaya d'yon dun sa utang namin na naging desisyon ng Korte Suprema.

asr-000347
01:00:52.079 --> 01:00:55.520
PAGCOR Chairman and CEO Alejandro H. Tengco: I wish everyone to take note, yung kaso po in 1990,

asr-000348
01:00:55.520 --> 01:01:05.119
PAGCOR Chairman and CEO Alejandro H. Tengco: 1993 pa. At ito po ay filed ni dating congressman Yeng Guiao,

asr-000349
01:01:05.119 --> 01:01:10.920
PAGCOR Chairman and CEO Alejandro H. Tengco: naging congressman po yata siya dati, siya po ang nag-file noon noong 1993

asr-000350
01:01:10.920 --> 01:01:17.400
PAGCOR Chairman and CEO Alejandro H. Tengco: at nito lang pong 2025 nagkaroon ng final ruling.

asr-000351
01:01:17.400 --> 01:01:25.599
PAGCOR Chairman and CEO Alejandro H. Tengco: Sabi ko nga po, hindi ko man po administration yan, eh talagang kailangan natin ipatupad.

asr-000352
01:01:25.599 --> 01:01:28.640
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang utos ng Korte Suprema.

asr-000353
01:01:28.640 --> 01:01:30.839
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po, Chairperson.

asr-000354
01:01:30.839 --> 01:01:34.359
Rep. Mikaela Angela B. Suansing: Thank you po, Chairman Tengco, for the update.

asr-000355
01:01:34.359 --> 01:01:40.079
Rep. Mikaela Angela B. Suansing: So when we scrutinize the budget of the Philippine Sports Commission later on,

asr-000356
01:01:40.079 --> 01:01:46.400
Rep. Mikaela Angela B. Suansing: we'll make sure na yung additional remittances po na natatanggap nila ay nagagamit po talaga nila ng tama.

asr-000357
01:01:46.400 --> 01:01:49.559
Rep. Mikaela Angela B. Suansing: So we'll take note po on the part of the Committee on Appropriations,

asr-000358
01:01:49.559 --> 01:01:56.000
Rep. Mikaela Angela B. Suansing: just so when we deliberate on the PSC's budget, we'll make sure po, since almost double po,

asr-000359
01:01:56.000 --> 01:02:02.039
Rep. Mikaela Angela B. Suansing: yung natatanggap nila on a monthly, more than double on a monthly basis, yung natatanggap nila.

asr-000360
01:02:02.039 --> 01:02:06.920
Rep. Mikaela Angela B. Suansing: Sana po nagagamit po talaga nila para tulungan po yung ating mga atleta.

asr-000361
01:02:06.920 --> 01:02:07.799
Rep. Mikaela Angela B. Suansing: Thank you, Chair Al.

asr-000362
01:02:07.799 --> 01:02:11.760
Rep. Mikaela Angela B. Suansing: But I also would like to highlight, under contributions to nation building,

asr-000363
01:02:11.760 --> 01:02:17.240
Rep. Mikaela Angela B. Suansing: despite the lower income, tumaas pa po yung socio-civic projects ninyo.

asr-000364
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,

asr-000365
01:02:27.079 --> 01:02:31.520
Rep. Mikaela Angela B. Suansing: And to 13.99 billion in 2026.

asr-000366
01:02:31.520 --> 01:02:36.480
Rep. Mikaela Angela B. Suansing: So we'd like to commend you on that as well po, that despite the downturn in the income,

asr-000367
01:02:36.480 --> 01:02:41.240
Rep. Mikaela Angela B. Suansing: you still retain the commitments around socio-civic projects.

asr-000368
01:02:41.240 --> 01:02:45.039
Rep. Presley C. De Jesus: Madam Chair, here, congress, dito po.

asr-000369
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,

asr-000370
01:02:51.640 --> 01:02:53.880
Rep. Presley C. De Jesus: di ba, every year nagbabayad na sila.

asr-000371
01:02:53.880 --> 01:02:57.680
Rep. Presley C. De Jesus: So, ibig sabihin, matodoble ang...

asr-000372
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,

asr-000373
01:03:03.799 --> 01:03:06.240
Rep. Presley C. De Jesus: at the same time, ngayon magbibigyan na ulit,

asr-000374
01:03:06.240 --> 01:03:09.880
Rep. Presley C. De Jesus: kasama na yung binayad nila sa National Treasury.

asr-000375
01:03:09.880 --> 01:03:14.559
Rep. Presley C. De Jesus: So, ibig sabihin, doble-doble ang PSC ngayon, makukuha nila.

asr-000376
01:03:14.559 --> 01:03:16.160
Rep. Presley C. De Jesus: Congress, thank you very much.

asr-000377
01:03:16.160 --> 01:03:18.760
Rep. Mikaela Angela B. Suansing: Chair Al, may please respond to the query of representative...

asr-000378
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.

asr-000379
01:03:24.880 --> 01:03:26.642
Rep. Mikaela Angela B. Suansing: Go ahead.

asr-000380
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,

asr-000381
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,

asr-000382
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.

asr-000383
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

asr-000384
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,

asr-000385
01:04:03.839 --> 01:04:06.160
PAGCOR Chairman and CEO Alejandro H. Tengco: yung aming kinocontribute.

asr-000386
01:04:06.160 --> 01:04:09.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa ngayon po, eh, kung di ako nagkakamalik,

asr-000387
01:04:09.000 --> 01:04:12.839
PAGCOR Chairman and CEO Alejandro H. Tengco: umaabot po ng kulang 400 million na isang buwan.

asr-000388
01:04:12.839 --> 01:04:16.920
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero, over and above that, Your Honor,

asr-000389
01:04:16.920 --> 01:04:19.920
PAGCOR Chairman and CEO Alejandro H. Tengco: pinagbabayad po kami ng Korte Suprema,

asr-000390
01:04:19.920 --> 01:04:24.400
PAGCOR Chairman and CEO Alejandro H. Tengco: retroactive 1993.

asr-000391
01:04:24.400 --> 01:04:26.760
PAGCOR Chairman and CEO Alejandro H. Tengco: Yun po, ay...

asr-000392
01:04:26.760 --> 01:04:28.680
PAGCOR Chairman and CEO Alejandro H. Tengco: mag-a-average na naman ng kulang tatloon,

asr-000393
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.

asr-000394
01:04:33.240 --> 01:04:37.440
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya po, kung ito ay talagang may implement,

asr-000395
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,

asr-000396
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.

asr-000397
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,

asr-000398
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

asr-000399
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.

asr-000400
01:05:09.200 --> 01:05:13.760
Rep. Presley C. De Jesus: Madam Chair, I think we need to look into it, no?

asr-000401
01:05:13.760 --> 01:05:15.640
Rep. Presley C. De Jesus: Kasi, doble-doble na budget ng PSA ngayon.

asr-000402
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,

asr-000403
01:05:20.200 --> 01:05:22.160
Rep. Presley C. De Jesus: that's sobra naman yan.

asr-000404
01:05:22.160 --> 01:05:25.640
Rep. Presley C. De Jesus: So, imagine pag-court, karamihan talaga more on...

asr-000405
01:05:25.640 --> 01:05:29.240
Rep. Presley C. De Jesus: namimigay sila, pero sobra naman kung ibibigay sa PSC yan.

asr-000406
01:05:29.240 --> 01:05:31.680
Rep. Presley C. De Jesus: I think we have to look into it, Madam Chair.

asr-000407
01:05:31.680 --> 01:05:32.680
Rep. Presley C. De Jesus: That's it. Thank you very much.

asr-000408
01:05:32.680 --> 01:05:33.960
Rep. Mikaela Angela B. Suansing: Thank you very much, Kong Presley.

asr-000409
01:05:33.960 --> 01:05:37.480
Rep. Mikaela Angela B. Suansing: Actually, I'm taking a look at the level,

asr-000410
01:05:37.480 --> 01:05:42.200
Rep. Mikaela Angela B. Suansing: the fiscal year 2027 NEP level for the PSC.

asr-000411
01:05:42.200 --> 01:05:47.319
Rep. Mikaela Angela B. Suansing: Medyo bumaba po siya in comparison to the 2026 GAA level,

asr-000412
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.

asr-000413
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

asr-000414
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,

asr-000415
01:06:10.680 --> 01:06:16.359
Rep. Mikaela Angela B. Suansing: talaga pong yung kailangan, whichever is sufficient based on their utilization

asr-000416
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.

asr-000417
01:06:21.880 --> 01:06:22.119
Rep. Presley C. De Jesus: Thank you, Madam Chair.

asr-000418
01:06:22.119 --> 01:06:24.359
Rep. Mikaela Angela B. Suansing: Thank you po for pointing that out.

asr-000419
01:06:24.359 --> 01:06:26.284
PAGCOR Chairman and CEO Alejandro H. Tengco: Chairperson, may I just make a...

asr-000420
01:06:26.284 --> 01:06:27.039
PAGCOR Chairman and CEO Alejandro H. Tengco: May I make a clarification?

asr-000421
01:06:27.039 --> 01:06:28.119
Rep. Mikaela Angela B. Suansing: Yes, po. Chairperson, thank you.

asr-000422
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.

asr-000423
01:06:33.039 --> 01:06:36.720
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi pa po namin naumpisahang bayaran.

asr-000424
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,

asr-000425
01:06:42.000 --> 01:06:46.000
PAGCOR Chairman and CEO Alejandro H. Tengco: ay yung 5% of the gross revenue.

asr-000426
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,

asr-000427
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,

asr-000428
01:06:56.119 --> 01:06:59.000
PAGCOR Chairman and CEO Alejandro H. Tengco: si Chairman Pato Gregorio, kung papano po.

asr-000429
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

asr-000430
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

asr-000431
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.

asr-000432
01:07:20.319 --> 01:07:21.520
Rep. Mikaela Angela B. Suansing: Thank you, Chairman Tengco.

asr-000433
01:07:21.520 --> 01:07:25.520
Rep. Mikaela Angela B. Suansing: So if we may request po from the PAGCOR officials,

asr-000434
01:07:25.520 --> 01:07:31.760
Rep. Mikaela Angela B. Suansing: copy of your remittances to the PSC if, kung pwede po,

asr-000435
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.

asr-000436
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.

asr-000437
01:07:45.400 --> 01:07:47.839
Rep. Mikaela Angela B. Suansing: Thank you very much po.

asr-000438
01:07:47.839 --> 01:07:52.400
Rep. Mikaela Angela B. Suansing: Those are my main clarificatory questions po.

asr-000439
01:07:52.400 --> 01:07:55.920
Rep. Mikaela Angela B. Suansing: We'll now open the floor to our distinguished colleagues.

asr-000440
01:07:55.920 --> 01:08:00.960
Rep. Mikaela Angela B. Suansing: To post questions and comments to the PAGCOR family,

asr-000441
01:08:00.960 --> 01:08:03.799
Rep. Mikaela Angela B. Suansing: may I respectfully remind our distinguished colleagues

asr-000442
01:08:03.799 --> 01:08:08.119
Rep. Mikaela Angela B. Suansing: that each member is given five minutes for questioning or interpolation,

asr-000443
01:08:08.119 --> 01:08:10.799
Rep. Mikaela Angela B. Suansing: excluding the response of the resource persons.

asr-000444
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.

asr-000445
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

asr-000446
01:08:20.719 --> 01:08:24.520
Rep. Mikaela Angela B. Suansing: to accord preferential treatment to the minority members of the House,

asr-000447
01:08:24.520 --> 01:08:25.880
Rep. Mikaela Angela B. Suansing: followed by independence,

asr-000448
01:08:25.880 --> 01:08:29.279
Rep. Mikaela Angela B. Suansing: and majority members in an alternating manner,

asr-000449
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.

asr-000450
01:08:34.600 --> 01:08:39.359
Rep. Mikaela Angela B. Suansing: We'll start with the minority, then independent, then majority.

asr-000451
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,

asr-000452
01:08:44.199 --> 01:08:46.560
Rep. Mikaela Angela B. Suansing: Representative Elijah San Fernando.

asr-000453
01:08:46.560 --> 01:08:48.759
Rep. Elijah Rumbaoa San Fernando: Thank you, Madam Chair.

asr-000454
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

asr-000455
01:08:54.679 --> 01:08:55.799
Rep. Elijah Rumbaoa San Fernando: ng galing sa gaming.

asr-000456
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?

asr-000457
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.

asr-000458
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,

asr-000459
01:09:15.239 --> 01:09:16.480
PAGCOR Chairman and CEO Alejandro H. Tengco: online gaming operations?

asr-000460
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,

asr-000461
01:09:26.000 --> 01:09:31.000
PAGCOR Chairman and CEO Alejandro H. Tengco: 30 million registered po yun.

asr-000462
01:09:31.000 --> 01:09:36.400
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung pong aktibong naglalaro, mga 10 million po.

asr-000463
01:09:36.400 --> 01:09:39.359
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung po yung active mismong naglalaro.

asr-000464
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.

asr-000465
01:09:45.759 --> 01:09:48.359
Rep. Elijah Rumbaoa San Fernando: Thank you, Chair, thank ko.

asr-000466
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,

asr-000467
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?

asr-000468
01:10:00.880 --> 01:10:06.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Nandyan po yung malaking porsyento po, Congress.

asr-000469
01:10:06.560 --> 01:10:06.760
Rep. Elijah Rumbaoa San Fernando: Thank you.

asr-000470
01:10:06.760 --> 01:10:07.520
Rep. Elijah Rumbaoa San Fernando: Your Honor.

asr-000471
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,

asr-000472
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.

asr-000473
01:10:18.480 --> 01:10:19.400
Rep. Elijah Rumbaoa San Fernando: Tama po ba?

asr-000474
01:10:19.400 --> 01:10:21.320
Rep. Elijah Rumbaoa San Fernando: Tama po, Your Honor.

asr-000475
01:10:21.320 --> 01:10:22.400
Rep. Elijah Rumbaoa San Fernando: Thank you.

asr-000476
01:10:22.400 --> 01:10:25.230
Rep. Elijah Rumbaoa San Fernando: Noong July 2025 po, may pinirmahan na memorandum.

asr-000477
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.

asr-000478
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.

asr-000479
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?

asr-000480
01:10:40.000 --> 01:10:42.040
Rep. Elijah Rumbaoa San Fernando: Ano yung mga sakop po nito?

asr-000481
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,

asr-000482
01:10:52.960 --> 01:10:57.320
PAGCOR Chairman and CEO Alejandro H. Tengco: ang pakikipag-ugnayan po sa...

asr-000483
01:10:57.320 --> 01:10:58.600
PAGCOR Chairman and CEO Alejandro H. Tengco: sa Adstandard Council.

asr-000484
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,

asr-000485
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

asr-000486
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.

asr-000487
01:11:20.719 --> 01:11:24.880
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang naganap po, at noon po naging isyong malaki,

asr-000488
01:11:24.880 --> 01:11:25.920
PAGCOR Chairman and CEO Alejandro H. Tengco: yung pong lahat ng...

asr-000489
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

asr-000490
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

asr-000491
01:11:40.360 --> 01:11:44.440
PAGCOR Chairman and CEO Alejandro H. Tengco: ay nauukol sa online gaming.

asr-000492
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

asr-000493
01:11:53.040 --> 01:11:55.679
PAGCOR Chairman and CEO Alejandro H. Tengco: nagkaroon po na ngayon ng panuntunan.

asr-000494
01:11:55.679 --> 01:11:58.480
PAGCOR Chairman and CEO Alejandro H. Tengco: O nagkaroon ngayon ng struktura.

asr-000495
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

asr-000496
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,

asr-000497
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.

asr-000498
01:12:16.800 --> 01:12:20.800
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya, sometime po, binigil ako po ng...

asr-000499
01:12:20.800 --> 01:12:24.040
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung di ako nagkakamali,

asr-000500
01:12:24.040 --> 01:12:25.639
PAGCOR Chairman and CEO Alejandro H. Tengco: 60 araw na palugit.

asr-000501
01:12:25.639 --> 01:12:27.960
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang lahat ng mga billboard na ito,

asr-000502
01:12:27.960 --> 01:12:32.320
PAGCOR Chairman and CEO Alejandro H. Tengco: pero effective po noong September 2025,

asr-000503
01:12:32.320 --> 01:12:35.000
PAGCOR Chairman and CEO Alejandro H. Tengco: naibaba na po natin lahat ito.

asr-000504
01:12:35.000 --> 01:12:40.400
PAGCOR Chairman and CEO Alejandro H. Tengco: Pangalawa, hindi na po pwedeng mag-advertise na lamang

asr-000505
01:12:40.400 --> 01:12:43.280
PAGCOR Chairman and CEO Alejandro H. Tengco: ang isang land-based operator,

asr-000506
01:12:43.280 --> 01:12:45.199
PAGCOR Chairman and CEO Alejandro H. Tengco: gayon din po, your honor,

asr-000507
01:12:45.199 --> 01:12:48.120
PAGCOR Chairman and CEO Alejandro H. Tengco: ang mga online gaming operators,

asr-000508
01:12:48.120 --> 01:12:54.000
PAGCOR Chairman and CEO Alejandro H. Tengco: kung hindi dumadaan sa Adstandard Council.

asr-000509
01:12:54.000 --> 01:12:56.360
PAGCOR Chairman and CEO Alejandro H. Tengco: Pangatlo po,

asr-000510
01:12:56.360 --> 01:13:00.080
PAGCOR Chairman and CEO Alejandro H. Tengco: ipinagbawal na rin po ng Adstandard Council

asr-000511
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

asr-000512
01:13:05.440 --> 01:13:07.679
PAGCOR Chairman and CEO Alejandro H. Tengco: during prime time.

asr-000513
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.

asr-000514
01:13:16.000 --> 01:13:17.800
PAGCOR Chairman and CEO Alejandro H. Tengco: At ngayon po,

asr-000515
01:13:17.800 --> 01:13:24.800
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi na po maaari ka maglagay ng mga advertisement

asr-000516
01:13:24.800 --> 01:13:28.400
PAGCOR Chairman and CEO Alejandro H. Tengco: na nagiging...

asr-000517
01:13:28.400 --> 01:13:29.159
PAGCOR Chairman and CEO Alejandro H. Tengco: nakalalamang po ngayon

asr-000518
01:13:29.159 --> 01:13:33.920
PAGCOR Chairman and CEO Alejandro H. Tengco: sa mga advertisements na nakikita natin sa kapeligiran

asr-000519
01:13:33.920 --> 01:13:39.960
PAGCOR Chairman and CEO Alejandro H. Tengco: ay meron pong paalala tungkol sa responsible gaming.

asr-000520
01:13:39.960 --> 01:13:43.560
PAGCOR Chairman and CEO Alejandro H. Tengco: So, yun po ang pinakabalangkas

asr-000521
01:13:43.560 --> 01:13:46.520
PAGCOR Chairman and CEO Alejandro H. Tengco: ng pakikipagkasunduan po

asr-000522
01:13:46.520 --> 01:13:50.120
PAGCOR Chairman and CEO Alejandro H. Tengco: ng PAGCOR sa Adstandard Council.

asr-000523
01:13:50.120 --> 01:13:52.800
Rep. Elijah Rumbaoa San Fernando: Thank you, Chair Al.

asr-000524
01:13:52.800 --> 01:13:57.360
Rep. Elijah Rumbaoa San Fernando: So, binabanggit niyo po, hindi pa napirmahan.

asr-000525
01:13:57.360 --> 01:13:59.400
Rep. Elijah Rumbaoa San Fernando: Nung pong isang taong nag-i-hearing tayo,

asr-000526
01:13:59.400 --> 01:14:01.280
Rep. Elijah Rumbaoa San Fernando: hindi pa po na...

asr-000527
01:14:01.280 --> 01:14:02.280
Rep. Elijah Rumbaoa San Fernando: Pero ngayon po,

asr-000528
01:14:02.280 --> 01:14:05.400
Rep. Elijah Rumbaoa San Fernando: ipinatutupad na po nila ngayon sa pangkasalukuyan.

asr-000529
01:14:05.400 --> 01:14:07.159
Rep. Elijah Rumbaoa San Fernando: Salamat, Chair Al.

asr-000530
01:14:07.159 --> 01:14:08.040
Rep. Elijah Rumbaoa San Fernando: Kaugnay po nito,

asr-000531
01:14:08.040 --> 01:14:12.000
Rep. Elijah Rumbaoa San Fernando: naglabas ng ASC Circular 2025-010

asr-000532
01:14:12.000 --> 01:14:16.560
Rep. Elijah Rumbaoa San Fernando: all gambling advertisements in all forms

asr-000533
01:14:16.560 --> 01:14:19.320
Rep. Elijah Rumbaoa San Fernando: must be secured by ASC prior to implementation.

asr-000534
01:14:19.320 --> 01:14:20.080
Rep. Elijah Rumbaoa San Fernando: Tama po ba ito?

asr-000535
01:14:20.080 --> 01:14:20.600
Rep. Elijah Rumbaoa San Fernando: Are you aware of this?

asr-000536
01:14:20.600 --> 01:14:21.639
PAGCOR Chairman and CEO Alejandro H. Tengco: Tama po, Your Honor.

asr-000537
01:14:21.639 --> 01:14:22.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang totoo po,

asr-000538
01:14:22.840 --> 01:14:25.520
PAGCOR Chairman and CEO Alejandro H. Tengco: kung makikita nyo yung mga current advertisements,

asr-000539
01:14:25.520 --> 01:14:29.080
PAGCOR Chairman and CEO Alejandro H. Tengco: ngayon ng mga online gaming operators,

asr-000540
01:14:29.080 --> 01:14:33.440
PAGCOR Chairman and CEO Alejandro H. Tengco: gayon din po ang mga land-based operations.

asr-000541
01:14:33.440 --> 01:14:36.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron na po nakalagay sa ilalim,

asr-000542
01:14:36.000 --> 01:14:39.960
PAGCOR Chairman and CEO Alejandro H. Tengco: ASC, Adstandard Council,

asr-000543
01:14:39.960 --> 01:14:41.600
PAGCOR Chairman and CEO Alejandro H. Tengco: may numero po,

asr-000544
01:14:41.600 --> 01:14:45.920
PAGCOR Chairman and CEO Alejandro H. Tengco: yun po ang pagpapatunay na dumaan ito sa kanila

asr-000545
01:14:45.920 --> 01:14:49.920
PAGCOR Chairman and CEO Alejandro H. Tengco: para masuri kung tama po ba yung content

asr-000546
01:14:49.920 --> 01:14:52.400
PAGCOR Chairman and CEO Alejandro H. Tengco: ng billboard or anumang pong uri

asr-000547
01:14:52.400 --> 01:14:54.360
PAGCOR Chairman and CEO Alejandro H. Tengco: ng advertisement ang pinatutupad nila.

asr-000548
01:14:54.360 --> 01:14:55.480
Rep. Elijah Rumbaoa San Fernando: Thank you, Chair Al.

asr-000549
01:14:55.480 --> 01:14:56.320
Rep. Elijah Rumbaoa San Fernando: Thank you, Madam Chair.

asr-000550
01:14:56.320 --> 01:14:56.680
Rep. Elijah Rumbaoa San Fernando: Bago po.

asr-000551
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?

asr-000552
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.

asr-000553
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.

asr-000554
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.

asr-000555
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.

asr-000556
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.

asr-000557
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.

asr-000558
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.

asr-000559
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.

asr-000560
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.

asr-000561
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?

asr-000562
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.

asr-000563
01:17:15.600 --> 01:17:22.600
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman San Fernando, una po, totoo po yun.

asr-000564
01:17:22.600 --> 01:17:24.639
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron pong sumusunod.

asr-000565
01:17:24.639 --> 01:17:27.679
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron pong hindi sumusunod.

asr-000566
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.

asr-000567
01:17:42.766 --> 01:17:44.600
PAGCOR Chairman and CEO Alejandro H. Tengco: Okay.

asr-000568
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.

asr-000569
01:17:50.639 --> 01:17:54.040
PAGCOR Chairman and CEO Alejandro H. Tengco: Ano po ang ginawa ng PAGCOR?

asr-000575
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.

asr-000576
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.

asr-000577
01:18:24.440 --> 01:18:27.120
PAGCOR Chairman and CEO Alejandro H. Tengco: So yan po, naipatupad namin.

asr-000578
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.

asr-000579
01:18:39.560 --> 01:18:49.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Pangalawa, meron po kayong pinakita rin na posas rosas.

asr-000580
01:18:49.000 --> 01:18:54.400
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, marami po dyan ay hindi.

asr-000581
01:18:54.400 --> 01:18:57.560
PAGCOR Chairman and CEO Alejandro H. Tengco: May mga licensee ng PAGCOR.

asr-000582
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.

asr-000583
01:19:03.760 --> 01:19:09.320
PAGCOR Chairman and CEO Alejandro H. Tengco: 50% ng nag-ooperate ay may lisensya ng PAGCOR.

asr-000584
01:19:09.320 --> 01:19:14.520
PAGCOR Chairman and CEO Alejandro H. Tengco: 50% po naman ay illegal.

asr-000585
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.

asr-000586
01:19:23.480 --> 01:19:29.320
PAGCOR Chairman and CEO Alejandro H. Tengco: Nag-identify siya ng online gaming operator.

asr-000587
01:19:29.320 --> 01:19:31.444
PAGCOR Chairman and CEO Alejandro H. Tengco: Legal po yun.

asr-000588
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.

asr-000589
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,

asr-000590
01:19:46.840 --> 01:19:49.960
PAGCOR Chairman and CEO Alejandro H. Tengco: kayo din naman sa ating buting chairperson,

asr-000591
01:19:49.960 --> 01:19:51.868
PAGCOR Chairman and CEO Alejandro H. Tengco: na,

asr-000592
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,

asr-000593
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.

asr-000594
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,

asr-000595
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.

asr-000596
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.

asr-000597
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.

asr-000598
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.

asr-000599
01:20:50.440 --> 01:20:50.920
Rep. Elijah Rumbaoa San Fernando: Kapabayan natin.

asr-000600
01:20:50.920 --> 01:20:53.400
Rep. Elijah Rumbaoa San Fernando: Thank you, Chair Al. Doon sa paglilinaw na yun.

asr-000601
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.

asr-000602
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

asr-000603
01:21:05.560 --> 01:21:09.480
Rep. Elijah Rumbaoa San Fernando: na walang habas na makapag-promote ng online sugal?

asr-000604
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.

asr-000605
01:21:13.960 --> 01:21:16.239
Rep. Elijah Rumbaoa San Fernando: By the millions ang kanilang follower.

asr-000606
01:21:16.239 --> 01:21:20.920
Rep. Elijah Rumbaoa San Fernando: At ina-identify nila, Chair Al, ito pong mga...

asr-000607
01:21:20.920 --> 01:21:21.960
Rep. Elijah Rumbaoa San Fernando: online gaming site.

asr-000608
01:21:21.960 --> 01:21:27.120
Rep. Elijah Rumbaoa San Fernando: Say, for example, 1365, tapos PeriaPlay.

asr-000609
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?

asr-000610
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.

asr-000611
01:21:35.011 --> 01:21:36.400
PAGCOR Chairman and CEO Alejandro H. Tengco: Okay.

asr-000612
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.

asr-000613
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,

asr-000614
01:21:47.280 --> 01:21:49.840
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pakikipag-ugnayan po ng PAGCOR,

asr-000615
01:21:49.840 --> 01:21:57.600
PAGCOR Chairman and CEO Alejandro H. Tengco: sa DICT, sa NTC, at sa CICC.

asr-000616
01:21:57.600 --> 01:22:01.719
PAGCOR Chairman and CEO Alejandro H. Tengco: Marami na po kaming, sa pamamagitan nila,

asr-000617
01:22:01.719 --> 01:22:04.320
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga ahensyang nabanggit ko,

asr-000618
01:22:04.320 --> 01:22:07.440
PAGCOR Chairman and CEO Alejandro H. Tengco: idinimanda sa Korte.

asr-000619
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

asr-000620
01:22:14.600 --> 01:22:19.573
PAGCOR Chairman and CEO Alejandro H. Tengco: ang mga endorsers na yun at winardigan sila.

asr-000621
01:22:19.573 --> 01:22:19.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Nahinagpala.

asr-000622
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.

asr-000623
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,

asr-000624
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

asr-000625
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.

asr-000626
01:22:47.040 --> 01:22:48.800
PAGCOR Chairman and CEO Alejandro H. Tengco: And in fairness,

asr-000627
01:22:48.800 --> 01:22:50.159
PAGCOR Chairman and CEO Alejandro H. Tengco: meron pong,

asr-000628
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

asr-000629
01:22:56.600 --> 01:22:59.600
PAGCOR Chairman and CEO Alejandro H. Tengco: ang voluntaryo na pong umatras

asr-000630
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.

asr-000631
01:23:05.120 --> 01:23:06.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Marami po sa kanila,

asr-000632
01:23:06.840 --> 01:23:07.920
PAGCOR Chairman and CEO Alejandro H. Tengco: your honor,

asr-000633
01:23:07.920 --> 01:23:12.320
PAGCOR Chairman and CEO Alejandro H. Tengco: lumipat na po sa mga legal operators.

asr-000634
01:23:12.320 --> 01:23:14.320
PAGCOR Chairman and CEO Alejandro H. Tengco: So, kami po naman,

asr-000635
01:23:14.320 --> 01:23:16.000
PAGCOR Chairman and CEO Alejandro H. Tengco: walang police power,

asr-000636
01:23:16.000 --> 01:23:20.120
PAGCOR Chairman and CEO Alejandro H. Tengco: wala po kami magawa kung hindi mag-recommenda lamang

asr-000637
01:23:20.120 --> 01:23:22.199
PAGCOR Chairman and CEO Alejandro H. Tengco: sa DICT,

asr-000638
01:23:22.199 --> 01:23:23.679
PAGCOR Chairman and CEO Alejandro H. Tengco: sa NTC,

asr-000639
01:23:23.679 --> 01:23:26.080
PAGCOR Chairman and CEO Alejandro H. Tengco: gayon din naman sa CICC

asr-000640
01:23:26.080 --> 01:23:31.040
Rep. Elijah Rumbaoa San Fernando: ng mga inaakala naming dapat ay maparusahan.

asr-000641
01:23:31.040 --> 01:23:34.000
Rep. Elijah Rumbaoa San Fernando: Salamat po, Chair Al, dun sa sinabi nyo.

asr-000642
01:23:34.000 --> 01:23:37.280
Rep. Elijah Rumbaoa San Fernando: Kailangan po na mapanagot dahil equally liable

asr-000643
01:23:37.280 --> 01:23:40.480
Rep. Elijah Rumbaoa San Fernando: itong mga content creator at influencer na to

asr-000644
01:23:40.480 --> 01:23:42.840
Rep. Elijah Rumbaoa San Fernando: sa pagkalulong sa sugal

asr-000645
01:23:42.840 --> 01:23:45.520
Rep. Elijah Rumbaoa San Fernando: ng mga manggagawa at ordinaryong Pilipino.

asr-000646
01:23:45.520 --> 01:23:47.239
Rep. Elijah Rumbaoa San Fernando: Before I wind up, Madam Chair,

asr-000647
01:23:47.239 --> 01:23:48.400
Rep. Elijah Rumbaoa San Fernando: gusto ko lang po maitanong,

asr-000648
01:23:48.400 --> 01:23:49.352
Rep. Elijah Rumbaoa San Fernando: sa corporate operating business,

asr-000649
01:23:49.352 --> 01:23:50.560
Rep. Elijah Rumbaoa San Fernando: Eto ang mga ating budget niyo,

asr-000650
01:23:50.560 --> 01:23:54.360
Rep. Elijah Rumbaoa San Fernando: ilang porsyento po dito ang nakalaan para sa

asr-000651
01:23:54.360 --> 01:23:54.840
PAGCOR Chairman and CEO Alejandro H. Tengco: dun sa mga

asr-000652
01:23:54.840 --> 01:23:57.851
PAGCOR Chairman and CEO Alejandro H. Tengco: social harm na tinatawag?

asr-000653
01:23:57.851 --> 01:23:59.320
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo,

asr-000654
01:23:59.320 --> 01:24:00.320
PAGCOR Chairman and CEO Alejandro H. Tengco: ngayon po,

asr-000655
01:24:00.320 --> 01:24:02.920
PAGCOR Chairman and CEO Alejandro H. Tengco: sa taong 2026,

asr-000656
01:24:02.920 --> 01:24:05.960
PAGCOR Chairman and CEO Alejandro H. Tengco: naging aktibo po ang PAGCOR

asr-000657
01:24:05.960 --> 01:24:09.560
PAGCOR Chairman and CEO Alejandro H. Tengco: dito sa game,

asr-000658
01:24:09.560 --> 01:24:12.719
PAGCOR Chairman and CEO Alejandro H. Tengco: mga responsible gaming projects po.

asr-000659
01:24:12.719 --> 01:24:15.120
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang nakalaan po namin na budget

asr-000660
01:24:15.120 --> 01:24:19.010
PAGCOR Chairman and CEO Alejandro H. Tengco: at hindi po kinukuha sa amin mismo,

asr-000662
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.

asr-000663
01:24:28.000 --> 01:24:33.440
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron pong budget na ginagamit una.

asr-000664
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.

asr-000665
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.

asr-000666
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.

asr-000667
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.

asr-000668
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.

asr-000669
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.

asr-000670
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.

asr-000671
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.

asr-000672
01:25:40.840 --> 01:25:44.360
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero sa ngayon po, nagtala na kami

asr-000673
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,

asr-000674
01:25:50.719 --> 01:25:56.639
PAGCOR Chairman and CEO Alejandro H. Tengco: ang amin ang natulungan sa pagbibigay ng advice,

asr-000675
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.

asr-000676
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,

asr-000677
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.

asr-000678
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.

asr-000679
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.

asr-000680
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,

asr-000681
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,

asr-000682
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

asr-000683
01:26:58.679 --> 01:27:02.000
PAGCOR Chairman and CEO Alejandro H. Tengco: o mismo yung tao na makapagsugal.

asr-000684
01:27:02.000 --> 01:27:07.159
PAGCOR Chairman and CEO Alejandro H. Tengco: At gusto ko pong ipagbigay alam sa lahat,

asr-000685
01:27:07.159 --> 01:27:12.080
PAGCOR Chairman and CEO Alejandro H. Tengco: 15,000 na po ang naaprobahan ng mga,

asr-000686
01:27:12.080 --> 01:27:17.880
PAGCOR Chairman and CEO Alejandro H. Tengco: ang PAGCOR in the last year for self-exclusion.

asr-000687
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

asr-000688
01:27:26.360 --> 01:27:31.040
PAGCOR Chairman and CEO Alejandro H. Tengco: at ganyan din po naman yung ating online licenses.

asr-000689
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

asr-000690
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.

asr-000691
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.

asr-000692
01:28:01.119 --> 01:28:03.320
Rep. Elijah Rumbaoa San Fernando: Thank you, Madam Chair.

asr-000693
01:28:03.320 --> 01:28:07.400
Rep. Elijah Rumbaoa San Fernando: Ito pong mga tinanong ko dahil nabanggit niyo po kanina,

asr-000694
01:28:07.400 --> 01:28:09.800
Rep. Elijah Rumbaoa San Fernando: ang market po kasi ay CDE.

asr-000695
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.

asr-000696
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.

asr-000697
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,

asr-000698
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.

asr-000699
01:28:43.199 --> 01:28:46.119
Rep. Elijah Rumbaoa San Fernando: Kaya ko po ito pinapatungkulan, Madam Chair,

asr-000700
01:28:46.119 --> 01:28:51.880
Rep. Elijah Rumbaoa San Fernando: dahil napakalaking issue po ang online sugal sa bansa natin.

asr-000701
01:28:51.880 --> 01:28:57.800
Rep. Elijah Rumbaoa San Fernando: Marami po ang nalululong, marami pong mga manggagawa, ang nagsasangla.

asr-000702
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.

asr-000703
01:29:02.360 --> 01:29:07.639
Rep. Elijah Rumbaoa San Fernando: So kailangan maging equally liable itong mga influencer, content creator,

asr-000704
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.

asr-000705
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,

asr-000706
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.

asr-000707
01:29:37.560 --> 01:29:48.239
Rep. Mikaela Angela B. Suansing: Thank you, Representative San Fernando.

asr-000708
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,

asr-000709
01:29:57.040 --> 01:30:05.639
Committee Secretary: Javier, Deputy Majority Leader Hill Tabarangay Jr. Acosta, Representative Rolando Valeriano,

asr-000710
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

asr-000711
01:30:13.119 --> 01:30:21.840
Committee Secretary: Barbers, Deputy Minority Leader Shielo Crissel-Lagman, Representative Mario Cocoy-Salvador, Representative

asr-000712
01:30:21.840 --> 01:30:26.400
Committee Secretary: Liodi Odi-Tariela, Vice Chair Maria Cristina Talavera-Lopez, Representative Citi Amina

asr-000713
01:30:26.400 --> 01:30:34.800
Committee Secretary: DiMaporo, Deputy Majority Leader Mica Gonzalez, Vice Chair Loreto Amante, Vice Chair Arne

asr-000714
01:30:34.800 --> 01:30:41.880
Committee Secretary: Fern-DeBella, and Representative Mica Gonzalez, and also Representative Julius Cesar Vergara.

asr-000715
01:30:41.880 --> 01:30:43.119
Rep. Mikaela Angela B. Suansing: Thank you, Your Honors.

asr-000716
01:30:43.119 --> 01:30:45.040
Rep. Mikaela Angela B. Suansing: Thank you, ComSec.

asr-000717
01:30:45.040 --> 01:30:49.199
Rep. Mikaela Angela B. Suansing: May I now move to our next interpellator from the majority?

asr-000718
01:30:49.199 --> 01:30:50.199
Rep. Mikaela Angela B. Suansing: Representative?

asr-000719
01:30:50.199 --> 01:30:57.159
Rep. Mikaela Angela B. Suansing: Representative Bong Teves Jr.

asr-000720
01:30:57.159 --> 01:31:00.360
Rep. Jose "Bong" J. Teves Jr.: Thank you, Madam Chair.

asr-000721
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

asr-000722
01:31:09.858 --> 01:31:14.719
Rep. Jose "Bong" J. Teves Jr.: good morning.

asr-000723
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?

asr-000724
01:31:24.960 --> 01:31:30.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, meron ka nandun po sa ating ulat.

asr-000725
01:31:30.000 --> 01:31:31.840
Rep. Jose "Bong" J. Teves Jr.: Hindi ko siya mabasa rito eh.

asr-000726
01:31:31.840 --> 01:31:33.880
Rep. Jose "Bong" J. Teves Jr.: But anyway, pakibigyan na lang ako.

asr-000727
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,

asr-000728
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,

asr-000729
01:31:53.400 --> 01:31:56.840
PAGCOR Chairman and CEO Alejandro H. Tengco: at saka yung projected po for 2027.

asr-000730
01:31:56.840 --> 01:32:01.840
Rep. Jose "Bong" J. Teves Jr.: No, I need the breakdown ng income ng PAGCOR.

asr-000731
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?

asr-000732
01:32:06.760 --> 01:32:08.679
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po sa amin ng STL, Your Honor.

asr-000733
01:32:08.679 --> 01:32:10.287
Rep. Jose "Bong" J. Teves Jr.: Ay, ay, ay, sorry, sorry.

asr-000734
01:32:10.287 --> 01:32:11.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa PCS, o po yun, Your Honor.

asr-000735
01:32:11.560 --> 01:32:17.494
Rep. Jose "Bong" J. Teves Jr.: Yung sa online gaming, magkano ba na kukontribute natin?

asr-000736
01:32:17.494 --> 01:32:19.040
Rep. Jose "Bong" J. Teves Jr.: Hindi.

asr-000737
01:32:19.040 --> 01:32:20.760
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

asr-000738
01:32:20.760 --> 01:32:22.360
PAGCOR Chairman and CEO Alejandro H. Tengco: We will furnish you one.

asr-000739
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,

asr-000740
01:32:30.400 --> 01:32:31.560
PAGCOR Chairman and CEO Alejandro H. Tengco: ang estimated po,

asr-000741
01:32:31.560 --> 01:32:35.080
PAGCOR Chairman and CEO Alejandro H. Tengco: ay kulang 80 billion pesos.

asr-000742
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.

asr-000743
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,

asr-000744
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.

asr-000745
01:32:56.520 --> 01:33:00.679
PAGCOR Chairman and CEO Alejandro H. Tengco: So, kung titignan nyo po yung ulat,

asr-000746
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,

asr-000747
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.

asr-000748
01:33:17.199 --> 01:33:19.520
Rep. Jose "Bong" J. Teves Jr.: Okay.

asr-000749
01:33:19.520 --> 01:33:25.840
Rep. Jose "Bong" J. Teves Jr.: Based sa report, 2024 is 111 billion tayo, diba?

asr-000750
01:33:25.840 --> 01:33:27.040
PAGCOR Chairman and CEO Alejandro H. Tengco: Tama po, Your Honor.

asr-000751
01:33:27.040 --> 01:33:30.299
Rep. Jose "Bong" J. Teves Jr.: And then, based sa report, 2025 is 165.

asr-000752
01:33:30.299 --> 01:33:31.719
PAGCOR Chairman and CEO Alejandro H. Tengco: 166 billion.

asr-000753
01:33:31.719 --> 01:33:32.800
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, Your Honor.

asr-000754
01:33:32.800 --> 01:33:34.840
Rep. Jose "Bong" J. Teves Jr.: Bumaba tayo.

asr-000755
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.

asr-000756
01:33:42.060 --> 01:33:42.600
Rep. Jose "Bong" J. Teves Jr.: POGO, yes.

asr-000757
01:33:42.600 --> 01:33:44.159
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

asr-000758
01:33:44.159 --> 01:33:46.679
PAGCOR Chairman and CEO Alejandro H. Tengco: Ayan po ay nawalam po tayo.

asr-000759
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.

asr-000760
01:33:54.280 --> 01:33:57.560
Rep. Jose "Bong" J. Teves Jr.: Ano ang paraan para bumalik natin ito?

asr-000761
01:33:57.560 --> 01:33:59.920
Rep. Jose "Bong" J. Teves Jr.: Meron ba tayong mga naisip na pamamaraan na po?

asr-000765
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?

asr-000768
01:34:03.760 --> 01:34:06.480
Rep. Jose "Bong" J. Teves Jr.: Pero legal?

asr-000771
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...

asr-000772
01:34:14.760 --> 01:34:18.480
PAGCOR Chairman and CEO Alejandro H. Tengco: ...pagpapalakas ng online gaming.

asr-000773
01:34:18.480 --> 01:34:19.808
PAGCOR Chairman and CEO Alejandro H. Tengco: Sapagkat, sa pangkasalukuyan,

asr-000774
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,

asr-000775
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,

asr-000776
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.

asr-000777
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.

asr-000778
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.

asr-000779
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.

asr-000780
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.

asr-000781
01:35:16.000 --> 01:35:18.000
PAGCOR Chairman and CEO Alejandro H. Tengco: So, una pong hakbang yan.

asr-000782
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.

asr-000783
01:35:26.600 --> 01:35:28.320
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung saan?

asr-000784
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.

asr-000785
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.

asr-000786
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.

asr-000787
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.

asr-000788
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.

asr-000789
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.

asr-000790
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.

asr-000791
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.

asr-000792
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.

asr-000793
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.

asr-000794
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.

asr-000795
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

asr-000796
01:37:24.920 --> 01:37:31.719
PAGCOR Chairman and CEO Alejandro H. Tengco: ang maaring umakyat na revenue.

asr-000797
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.

asr-000798
01:37:43.360 --> 01:37:48.000
Rep. Jose "Bong" J. Teves Jr.: Okay. Thank you, Mr. Chair.

asr-000799
01:37:48.000 --> 01:37:59.400
Rep. Jose "Bong" J. Teves Jr.: Madam Chair, tulad ng sinabi ni Congressman Ili ng Manggagawa,

asr-000800
01:37:59.400 --> 01:38:03.560
Rep. Jose "Bong" J. Teves Jr.: maraming kabataan ang nalululong sa online, hindi lang kabataan.

asr-000801
01:38:03.560 --> 01:38:06.400
Rep. Jose "Bong" J. Teves Jr.: Ano ba ang mga proseso natin para mabawasan ito?

asr-000802
01:38:06.400 --> 01:38:10.119
Rep. Jose "Bong" J. Teves Jr.: Or, ano ang dapat natin gawin?

asr-000803
01:38:10.119 --> 01:38:12.560
Rep. Jose "Bong" J. Teves Jr.: Kasi meron akong nakikita rito,

asr-000804
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

asr-000805
01:38:18.360 --> 01:38:26.599
Rep. Jose "Bong" J. Teves Jr.: na ginagawa ninyo ay magpagawa ng mga school building.

asr-000806
01:38:26.599 --> 01:38:30.040
Rep. Jose "Bong" J. Teves Jr.: Nakalagay dito, nationwide school building program.

asr-000807
01:38:30.040 --> 01:38:30.360
Rep. Jose "Bong" J. Teves Jr.: Okay?

asr-000808
01:38:30.360 --> 01:38:31.760
Rep. Jose "Bong" J. Teves Jr.: Okay.

asr-000809
01:38:32.000 --> 01:38:37.440
Rep. Jose "Bong" J. Teves Jr.: Nakikita yung inyong mga tarpulin na gawa ng PAGCOR

asr-000810
01:38:37.440 --> 01:38:42.280
Rep. Jose "Bong" J. Teves Jr.: ng mga estudyante, kabataan, elementary and high school.

asr-000811
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.

asr-000812
01:38:48.159 --> 01:38:50.920
Rep. Jose "Bong" J. Teves Jr.: Yes. Kasi iba yung produkto ng pag-iisip ngayon.

asr-000813
01:38:50.920 --> 01:38:52.960
Rep. Jose "Bong" J. Teves Jr.: Di ba nakikita natin ngayon?

asr-000814
01:38:52.960 --> 01:38:57.520
Rep. Jose "Bong" J. Teves Jr.: Nakita lang natin sa mga TV, kung saan-saan,

asr-000815
01:38:57.520 --> 01:39:01.199
Rep. Jose "Bong" J. Teves Jr.: na yung social media natin, napakabilis.

asr-000816
01:39:01.199 --> 01:39:02.520
Rep. Jose "Bong" J. Teves Jr.: Nagdala-dala ng mga baril yung kabataan.

asr-000817
01:39:02.520 --> 01:39:04.159
Rep. Jose "Bong" J. Teves Jr.: Namamaril na namamaral.

asr-000818
01:39:04.159 --> 01:39:04.800
Rep. Jose "Bong" J. Teves Jr.: Namamaril.

asr-000819
01:39:04.800 --> 01:39:06.639
Rep. Jose "Bong" J. Teves Jr.: Ganun din ang nakikita ko rito.

asr-000820
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?

asr-000821
01:39:11.880 --> 01:39:15.440
Rep. Jose "Bong" J. Teves Jr.: May suggestion na, Madam Chair,

asr-000822
01:39:15.440 --> 01:39:20.040
Rep. Jose "Bong" J. Teves Jr.: bakit instead of school building program ang ilagawa natin,

asr-000823
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

asr-000824
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

asr-000825
01:39:30.280 --> 01:39:32.119
Rep. Jose "Bong" J. Teves Jr.: na mas efektibo.

asr-000827
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

asr-000828
01:39:37.960 --> 01:39:40.800
Rep. Jose "Bong" J. Teves Jr.: galing sa sugal ng online, tataya kami.

asr-000829
01:39:40.800 --> 01:39:42.960
Rep. Jose "Bong" J. Teves Jr.: Siguro, pag-alala natin ito.

asr-000830
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

asr-000831
01:39:47.119 --> 01:39:51.080
Rep. Jose "Bong" J. Teves Jr.: sa mga typhoon prone area na talaga namang kailangan ngayon

asr-000832
01:39:51.080 --> 01:39:55.560
Rep. Jose "Bong" J. Teves Jr.: at binanggit ito ng ating Pangulo during SONA.

asr-000833
01:39:55.560 --> 01:40:01.000
Rep. Jose "Bong" J. Teves Jr.: At pangalawa, wala po akong nakikita rito na pundo

asr-000834
01:40:01.000 --> 01:40:02.080
Rep. Jose "Bong" J. Teves Jr.: para sa information.

asr-000835
01:40:02.080 --> 01:40:07.159
Rep. Jose "Bong" J. Teves Jr.: Dissemination program sa mga schools, elementary and high schools

asr-000836
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

asr-000837
01:40:13.040 --> 01:40:14.800
Rep. Jose "Bong" J. Teves Jr.: para ma-prevent natin sila.

asr-000838
01:40:14.800 --> 01:40:16.800
Rep. Jose "Bong" J. Teves Jr.: Prevention ang kailangan natin.

asr-000839
01:40:16.800 --> 01:40:21.400
Rep. Jose "Bong" J. Teves Jr.: Kasi hindi lang namang po matatanda o may edad

asr-000840
01:40:21.400 --> 01:40:23.599
Rep. Jose "Bong" J. Teves Jr.: ang mga nagsusugal, kundi kabataan.

asr-000841
01:40:23.599 --> 01:40:26.719
Rep. Jose "Bong" J. Teves Jr.: Maraming kabataan na nagsusugal ngayon.

asr-000842
01:40:26.719 --> 01:40:29.599
Rep. Jose "Bong" J. Teves Jr.: Kinakikita nyo sa iba-iba, lalo sa Metro Manila.

asr-000843
01:40:29.599 --> 01:40:30.280
Rep. Jose "Bong" J. Teves Jr.: Bakit?

asr-000844
01:40:30.280 --> 01:40:32.639
Rep. Jose "Bong" J. Teves Jr.: Kasi nakikita ko po rito,

asr-000845
01:40:32.639 --> 01:40:33.679
Rep. Jose "Bong" J. Teves Jr.: itong information dissemination.

asr-000846
01:40:33.679 --> 01:40:36.040
Rep. Jose "Bong" J. Teves Jr.: Napakaganda po ng programa natin.

asr-000847
01:40:36.040 --> 01:40:42.360
Rep. Jose "Bong" J. Teves Jr.: Meron, namimigay tayo ng transport vehicle sa mga pasyente,

asr-000848
01:40:42.360 --> 01:40:45.159
Rep. Jose "Bong" J. Teves Jr.: mga food packs during a calamity.

asr-000849
01:40:45.159 --> 01:40:47.560
Rep. Jose "Bong" J. Teves Jr.: Bakit instead of school building,

asr-000850
01:40:47.560 --> 01:40:51.520
Rep. Jose "Bong" J. Teves Jr.: ang gawin na lang natin ay evacuation center na lang.

asr-000851
01:40:51.520 --> 01:40:55.480
Rep. Jose "Bong" J. Teves Jr.: At idagdag natin ang information dissemination campaign

asr-000852
01:40:55.480 --> 01:40:58.199
Rep. Jose "Bong" J. Teves Jr.: sa mga eskwilahan, magdagdag tayo ng pundo.

asr-000853
01:40:58.199 --> 01:41:01.679
Rep. Jose "Bong" J. Teves Jr.: It's my suggestion, Mr. Chair.

asr-000854
01:41:01.679 --> 01:41:06.599
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, we will take note of your suggestions.

asr-000855
01:41:06.599 --> 01:41:10.599
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, we do not have, but maybe,

asr-000856
01:41:10.599 --> 01:41:13.960
PAGCOR Chairman and CEO Alejandro H. Tengco: gusto ko lang pong banggitin dito.

asr-000857
01:41:13.960 --> 01:41:16.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Isa po talaga sa programa ng PAGCOR,

asr-000858
01:41:16.000 --> 01:41:19.639
PAGCOR Chairman and CEO Alejandro H. Tengco: yung pagpapatuloy na magpagawa ng mga evacuation centers.

asr-000859
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

asr-000860
01:41:23.800 --> 01:41:27.520
PAGCOR Chairman and CEO Alejandro H. Tengco: that we have signed with the Department of Education.

asr-000861
01:41:27.520 --> 01:41:29.320
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil, tunay po nana,

asr-000862
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.

asr-000863
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,

asr-000864
01:41:41.000 --> 01:41:44.199
PAGCOR Chairman and CEO Alejandro H. Tengco: bigyan na ng pansin yung pagpapagawa ng mga eskwelahan.

asr-000865
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.

asr-000866
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?

asr-000867
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?

asr-000868
01:42:14.599 --> 01:42:19.760
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po sa katanungan niyo, Congressman Odi.

asr-000869
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.

asr-000870
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.

asr-000871
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

asr-000872
01:42:46.360 --> 01:42:51.199
PAGCOR Chairman and CEO Alejandro H. Tengco: yung pagpapatuloy po ng tinatawag na privatization or decoupling.

asr-000873
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.

asr-000874
01:42:58.000 --> 01:43:02.119
PAGCOR Chairman and CEO Alejandro H. Tengco: Magkaroon na po ng desisyon tungkol dito.

asr-000875
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.

asr-000876
01:43:08.400 --> 01:43:14.360
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil sa panahon pong ako ay nanunungkulan sa PAGCOR,

asr-000877
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.

asr-000878
01:43:21.400 --> 01:43:25.719
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya wala na po talagang dapat gawin kung hindi.

asr-000879
01:43:25.719 --> 01:43:28.960
PAGCOR Chairman and CEO Alejandro H. Tengco: I-unload na po ito sa pribadong sektor.

asr-000880
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.

asr-000881
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.

asr-000882
01:43:42.159 --> 01:43:46.280
PAGCOR Chairman and CEO Alejandro H. Tengco: Tungkol naman po sa maapekto ang mga empleyado,

asr-000883
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.

asr-000884
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.

asr-000885
01:43:58.040 --> 01:44:04.440
PAGCOR Chairman and CEO Alejandro H. Tengco: Na una, yung kanila pong retirement ay babayaran.

asr-000886
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.

asr-000887
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,

asr-000888
01:44:18.159 --> 01:44:23.599
PAGCOR Chairman and CEO Alejandro H. Tengco: magkakaroon po ng karagdagang retirement package aside from retirement.

asr-000889
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.

asr-000890
01:44:30.760 --> 01:44:36.880
PAGCOR Chairman and CEO Alejandro H. Tengco: Dito sa nasabing decoupling privatization na ito.

asr-000891
01:44:36.880 --> 01:44:41.840
Rep. Jose "Bong" J. Teves Jr.: Thank you, Mr. Chairman. Madam Chair, thank you very much.

asr-000892
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

asr-000893
01:44:50.560 --> 01:44:53.239
Rep. Jose "Bong" J. Teves Jr.: ay palaging sumusuporta sa PAGCOR.

asr-000894
01:44:53.239 --> 01:44:54.100
Rep. Jose "Bong" J. Teves Jr.: Thank you very much.

asr-000895
01:44:54.100 --> 01:44:55.080
Rep. Jose "Bong" J. Teves Jr.: Panaming salam.

asr-000896
01:44:55.080 --> 01:45:02.159
PAGCOR Chairman and CEO Alejandro H. Tengco: Panaming salamat din po, Your Honor.

asr-000897
01:45:02.159 --> 01:45:04.920
Rep. Mikaela Angela B. Suansing: Thank you very much, Representative Bong Teves.

asr-000898
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.

asr-000899
01:45:11.480 --> 01:45:14.599
Rep. Sarah Jane I. Elago: Thank you, Madam Chair. Good morning.

asr-000900
01:45:14.599 --> 01:45:18.639
Rep. Sarah Jane I. Elago: A few clarificatory questions on the nationwide school building program,

asr-000901
01:45:18.639 --> 01:45:24.280
Rep. Sarah Jane I. Elago: notwithstanding, of course, the concerns raised by our fellow legislators.

asr-000902
01:45:24.280 --> 01:45:28.920
Rep. Sarah Jane I. Elago: The initial funding stated here is 1.37 billion pesos.

asr-000903
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?

asr-000904
01:45:38.679 --> 01:45:43.159
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, baka po, anong page po ba yan?

asr-000905
01:45:43.159 --> 01:45:45.520
PAGCOR Chairman and CEO Alejandro H. Tengco: Ganito po yan.

asr-000906
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

asr-000907
01:45:50.760 --> 01:45:55.440
PAGCOR Chairman and CEO Alejandro H. Tengco: signed by myself and Secretary Sunny Angara,

asr-000908
01:45:55.440 --> 01:46:02.040
PAGCOR Chairman and CEO Alejandro H. Tengco: we will be funding the construction of 125 buildings

asr-000909
01:46:02.040 --> 01:46:08.446
PAGCOR Chairman and CEO Alejandro H. Tengco: and 3-story, 12-classroom school buildings,

asr-000910
01:46:08.446 --> 01:46:11.199
PAGCOR Chairman and CEO Alejandro H. Tengco: the total amount of which,

asr-000911
01:46:11.199 --> 01:46:16.239
PAGCOR Chairman and CEO Alejandro H. Tengco: including the equipment and furnitures like the chairs,

asr-000912
01:46:16.239 --> 01:46:20.920
PAGCOR Chairman and CEO Alejandro H. Tengco: will be roughly about 7.5 billion pesos.

asr-000913
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.

asr-000914
01:46:30.501 --> 01:46:31.679
PAGCOR Chairman and CEO Alejandro H. Tengco: They are...

asr-000915
01:46:31.679 --> 01:46:32.880
PAGCOR Chairman and CEO Alejandro H. Tengco: They will be equipped...

asr-000916
01:46:32.880 --> 01:46:35.599
PAGCOR Chairman and CEO Alejandro H. Tengco: I mean, they will have furnitures already,

asr-000917
01:46:35.599 --> 01:46:38.880
PAGCOR Chairman and CEO Alejandro H. Tengco: like the student chairs and tables.

asr-000918
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

asr-000919
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.

asr-000920
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.

asr-000921
01:47:00.199 --> 01:47:01.480
PAGCOR Chairman and CEO Alejandro H. Tengco: We will be...

asr-000922
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

asr-000923
01:47:07.480 --> 01:47:11.440
PAGCOR Chairman and CEO Alejandro H. Tengco: the school building that will be constructed

asr-000924
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.

asr-000925
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,

asr-000926
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

asr-000927
01:47:29.440 --> 01:47:30.480
PAGCOR Chairman and CEO Alejandro H. Tengco: to pay for the construction of the school buildings.

asr-000928
01:47:30.480 --> 01:47:34.871
PAGCOR Chairman and CEO Alejandro H. Tengco: For the 50% down payment that we will release

asr-000929
01:47:34.871 --> 01:47:38.239
PAGCOR Chairman and CEO Alejandro H. Tengco: to the different local government units

asr-000930
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

asr-000931
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.

asr-000932
01:47:54.080 --> 01:47:54.800
Rep. Sarah Jane I. Elago: Yes, Madam Chair.

asr-000933
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

asr-000934
01:47:59.119 --> 01:48:02.320
Rep. Sarah Jane I. Elago: of the...

asr-000935
01:48:02.320 --> 01:48:07.679
Rep. Sarah Jane I. Elago: utilization of these funds for the nationwide school building program.

asr-000936
01:48:07.679 --> 01:48:09.480
Rep. Sarah Jane I. Elago: So malinaw po, no?

asr-000937
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

asr-000938
01:48:14.599 --> 01:48:17.880
PAGCOR Chairman and CEO Alejandro H. Tengco: itong mga classrooms na dagdag na nais nating magawa.

asr-000939
01:48:17.880 --> 01:48:19.599
PAGCOR Chairman and CEO Alejandro H. Tengco: Maliwanag po yun, Your Honor.

asr-000940
01:48:19.599 --> 01:48:21.760
PAGCOR Chairman and CEO Alejandro H. Tengco: At kanina ngayon may mga nagtatunong,

asr-000941
01:48:21.760 --> 01:48:26.360
PAGCOR Chairman and CEO Alejandro H. Tengco: pati po sa bidding, wala pong pakialam ang PAGCOR.

asr-000942
01:48:26.360 --> 01:48:30.377
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang PAGCOR po ay magpo-pondo lamang.

asr-000943
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

asr-000944
01:48:35.734 --> 01:48:39.883
PAGCOR Chairman and CEO Alejandro H. Tengco: and the local government unit concerned.

asr-000945
01:48:39.883 --> 01:48:43.639
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR basically collates all of them.

asr-000946
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,

asr-000947
01:48:52.360 --> 01:48:54.880
PAGCOR Chairman and CEO Alejandro H. Tengco: meron po memorandum of agreement.

asr-000948
01:48:54.880 --> 01:48:59.440
PAGCOR Chairman and CEO Alejandro H. Tengco: And then we shall release the first funds

asr-000949
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.

asr-000950
01:49:09.644 --> 01:49:09.952
Rep. Sarah Jane I. Elago: Okay, Chair.

asr-000951
01:49:09.952 --> 01:49:10.904
Rep. Sarah Jane I. Elago: Your Honor.

asr-000952
01:49:10.904 --> 01:49:11.520
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes.

asr-000953
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.

asr-000954
01:49:15.800 --> 01:49:16.360
Rep. Sarah Jane I. Elago: Yes, Your Honor.

asr-000955
01:49:16.360 --> 01:49:17.199
Rep. Sarah Jane I. Elago: Is this correct?

asr-000956
01:49:17.199 --> 01:49:18.566
Rep. Sarah Jane I. Elago: Yes, Your Honor.

asr-000957
01:49:18.566 --> 01:49:18.880
Rep. Sarah Jane I. Elago: Alright.

asr-000958
01:49:18.880 --> 01:49:21.080
Rep. Sarah Jane I. Elago: Now let me go to the...

asr-000959
01:49:21.080 --> 01:49:24.320
Rep. Sarah Jane I. Elago: I'd like to follow through on questions

asr-000960
01:49:24.320 --> 01:49:26.599
Rep. Sarah Jane I. Elago: with regard to the regulation on gambling ads.

asr-000961
01:49:26.599 --> 01:49:28.239
Rep. Sarah Jane I. Elago: Nabanggit niyo po kanina na meron,

asr-000962
01:49:28.239 --> 01:49:32.639
Rep. Sarah Jane I. Elago: kayong mga napatawa ng fines.

asr-000963
01:49:32.639 --> 01:49:34.075
Rep. Sarah Jane I. Elago: Nabanggit niyong halimbawa,

asr-000964
01:49:34.075 --> 01:49:35.040
Rep. Sarah Jane I. Elago: one million pesos.

asr-000965
01:49:35.040 --> 01:49:38.440
Rep. Sarah Jane I. Elago: Pero for the past months,

asr-000966
01:49:38.440 --> 01:49:41.760
Rep. Sarah Jane I. Elago: nasinimulan niyo po itong mas mahigpit ninyo na regulation,

asr-000967
01:49:41.760 --> 01:49:43.599
PAGCOR Chairman and CEO Alejandro H. Tengco: magkano na yung buong nakolekta?

asr-000968
01:49:43.599 --> 01:49:47.119
PAGCOR Chairman and CEO Alejandro H. Tengco: At saan yung ginagamit ito?

asr-000969
01:49:47.119 --> 01:49:51.719
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang nakolekta na po namin since 2026,

asr-000970
01:49:51.719 --> 01:49:56.000
PAGCOR Chairman and CEO Alejandro H. Tengco: meron na po sigurong mayigit isandang milyong piso.

asr-000971
01:49:56.000 --> 01:49:58.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito po, it forms part of the other income.

asr-000972
01:49:58.840 --> 01:50:02.040
PAGCOR Chairman and CEO Alejandro H. Tengco: As stated in our statement.

asr-000973
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.

asr-000974
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.

asr-000975
01:50:15.679 --> 01:50:21.159
Rep. Sarah Jane I. Elago: Nabanggit niyo rin kanina na meron na tayong mga nakasuhan.

asr-000976
01:50:21.159 --> 01:50:25.159
Rep. Sarah Jane I. Elago: Pwede ba kaming humingi ng listahan ng mga nakasuhan niyo na

asr-000977
01:50:25.159 --> 01:50:27.599
Rep. Sarah Jane I. Elago: at kung meron na bang nanagot,

asr-000978
01:50:27.599 --> 01:50:29.239
Rep. Sarah Jane I. Elago: meron na bang nasuspindi,

asr-000979
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?

asr-000980
01:50:35.800 --> 01:50:39.159
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, binanggit ko po kanina,

asr-000981
01:50:39.159 --> 01:50:44.199
PAGCOR Chairman and CEO Alejandro H. Tengco: yung nakasuhan ay hindi po nagmula sa PAGCOR.

asr-000982
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

asr-000983
01:50:51.920 --> 01:50:54.800
PAGCOR Chairman and CEO Alejandro H. Tengco: ay nagmula po sa CICC.

asr-000984
01:50:54.800 --> 01:50:57.599
PAGCOR Chairman and CEO Alejandro H. Tengco: Kami po ay naguulat sa kanila,

asr-000985
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.

asr-000986
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.

asr-000987
01:51:13.520 --> 01:51:16.760
PAGCOR Chairman and CEO Alejandro H. Tengco: So, sa inyong kahilingan, Your Honor,

asr-000988
01:51:16.760 --> 01:51:21.560
PAGCOR Chairman and CEO Alejandro H. Tengco: hihingi po kami ng listahan mula sa CICC

asr-000989
01:51:21.560 --> 01:51:25.480
PAGCOR Chairman and CEO Alejandro H. Tengco: which we can forward to the Committee on Appropriations.

asr-000990
01:51:25.480 --> 01:51:27.880
PAGCOR Chairman and CEO Alejandro H. Tengco: So, all the members are updated.

asr-000991
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.

asr-000992
01:51:34.796 --> 01:51:35.679
PAGCOR Chairman and CEO Alejandro H. Tengco: Alright.

asr-000993
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?

asr-000994
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?

asr-000995
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.

asr-000996
01:51:58.000 --> 01:52:04.639
PAGCOR Chairman and CEO Alejandro H. Tengco: So, we are dependent on DICT, CICC, and NTC.

asr-000997
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.

asr-000998
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.

asr-000999
01:52:24.400 --> 01:52:27.599
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang balita ko po eh, personal nang sumulat,

asr-001000
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.

asr-001001
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.

asr-001002
01:52:48.520 --> 01:52:49.719
Rep. Sarah Jane I. Elago: Yes, Your Honor.

asr-001003
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,

asr-001004
01:52:54.520 --> 01:52:57.920
Rep. Sarah Jane I. Elago: nakakasimula lang at nararapat lang na meron talagang takbo.

asr-001005
01:52:57.920 --> 01:53:02.520
Rep. Sarah Jane I. Elago: Yung mga kababayan natin na may gambling-related issues and concerns.

asr-001006
01:53:02.520 --> 01:53:05.639
Rep. Sarah Jane I. Elago: Pero para sa taong ito at sa susunod na taon,

asr-001007
01:53:05.639 --> 01:53:09.920
Rep. Sarah Jane I. Elago: nabanggit nyo kanina na meron kayong partner na non-profit.

asr-001008
01:53:09.920 --> 01:53:12.199
Rep. Sarah Jane I. Elago: Pero sa bahagi naman ng pamahalaan,

asr-001009
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

asr-001010
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?

asr-001011
01:53:26.440 --> 01:53:27.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

asr-001012
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,

asr-001013
01:53:31.679 --> 01:53:34.560
PAGCOR Chairman and CEO Alejandro H. Tengco: I am not aware that there is one.

asr-001014
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,

asr-001015
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.

asr-001016
01:53:47.320 --> 01:53:52.440
PAGCOR Chairman and CEO Alejandro H. Tengco: And I am committing here under my administration,

asr-001017
01:53:52.440 --> 01:53:55.320
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi po mahihinto ang programang ito.

asr-001018
01:53:55.320 --> 01:53:56.960
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi naman po napakalaking.

asr-001019
01:53:56.960 --> 01:53:58.800
PAGCOR Chairman and CEO Alejandro H. Tengco: Halaga, Your Honor.

asr-001020
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

asr-001021
01:54:07.760 --> 01:54:10.520
PAGCOR Chairman and CEO Alejandro H. Tengco: sapagkat naniniwala po ako, Your Honor,

asr-001022
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

asr-001023
01:54:20.079 --> 01:54:23.840
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pamamagitan po ng mga foundations.

asr-001024
01:54:23.840 --> 01:54:25.400
PAGCOR Chairman and CEO Alejandro H. Tengco: Gusto ko pong ipagbigay alam,

asr-001025
01:54:25.400 --> 01:54:29.560
PAGCOR Chairman and CEO Alejandro H. Tengco: bago rin pong initiative ng PAGCOR,

asr-001026
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.

asr-001027
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

asr-001028
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.

asr-001029
01:54:54.679 --> 01:54:57.800
PAGCOR Chairman and CEO Alejandro H. Tengco: So ngayon po,

asr-001030
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.

asr-001031
01:55:04.800 --> 01:55:07.239
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya ngayon po, Your Honor,

asr-001032
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

asr-001033
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

asr-001034
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.

asr-001035
01:55:25.000 --> 01:55:26.960
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

asr-001036
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

asr-001037
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

asr-001038
01:55:40.079 --> 01:55:42.560
Rep. Sarah Jane I. Elago: dito sa online gambling.

asr-001039
01:55:42.560 --> 01:55:43.280
Rep. Sarah Jane I. Elago: Yes, Madam Chair.

asr-001040
01:55:43.280 --> 01:55:46.079
Rep. Sarah Jane I. Elago: Magkano ang nakalaan na pondo para rito?

asr-001041
01:55:46.079 --> 01:55:49.280
Rep. Sarah Jane I. Elago: Katulad ng sinabi niyo, hindi lang helpline ang sakop.

asr-001042
01:55:49.280 --> 01:55:52.639
Rep. Sarah Jane I. Elago: Meron din para sa support for counseling.

asr-001043
01:55:52.639 --> 01:55:52.971
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

asr-001044
01:55:52.971 --> 01:55:55.891
PAGCOR Chairman and CEO Alejandro H. Tengco: You also mentioned prevention and awareness campaign.

asr-001045
01:55:55.891 --> 01:55:57.051
PAGCOR Chairman and CEO Alejandro H. Tengco: So, how much is allowed?

asr-001046
01:55:57.051 --> 01:55:57.800
PAGCOR Chairman and CEO Alejandro H. Tengco: It's allotted for this.

asr-001047
01:55:57.800 --> 01:55:59.599
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, sa ngayon po eh,

asr-001048
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

asr-001049
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.

asr-001050
01:56:10.119 --> 01:56:14.400
PAGCOR Chairman and CEO Alejandro H. Tengco: At kung idadagdag nyo pa, Your Honor,

asr-001051
01:56:14.400 --> 01:56:18.079
PAGCOR Chairman and CEO Alejandro H. Tengco: pwede tayong kumuha nga doon ng budget

asr-001052
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.

asr-001053
01:56:23.760 --> 01:56:26.199
PAGCOR Chairman and CEO Alejandro H. Tengco: So, companies or operators.

asr-001054
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

asr-001055
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

asr-001056
01:56:41.064 --> 01:56:42.599
PAGCOR Chairman and CEO Alejandro H. Tengco: transformative

asr-001057
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.

asr-001058
01:56:50.646 --> 01:56:52.169
PAGCOR Chairman and CEO Alejandro H. Tengco: So, this no so.

asr-001059
01:56:52.169 --> 01:56:53.895
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung iyon manou na sa dito rito.

asr-001060
01:56:53.895 --> 01:56:55.840
PAGCOR Chairman and CEO Alejandro H. Tengco: zo'ng magl mount nga dito.

asr-001061
01:56:55.840 --> 01:56:58.840
PAGCOR Chairman and CEO Alejandro H. Tengco: social, civic projects po.

asr-001062
01:56:58.840 --> 01:57:00.599
PAGCOR Chairman and CEO Alejandro H. Tengco: Tulad po nung inulat din,

asr-001063
01:57:00.599 --> 01:57:03.679
PAGCOR Chairman and CEO Alejandro H. Tengco: bibigyan ko kayo halimbawa,

asr-001064
01:57:03.679 --> 01:57:06.560
PAGCOR Chairman and CEO Alejandro H. Tengco: yung 2% po na binagkit kong inabutan ko na

asr-001065
01:57:06.560 --> 01:57:11.079
PAGCOR Chairman and CEO Alejandro H. Tengco: na nagmumula sa land-based operations,

asr-001066
01:57:11.079 --> 01:57:14.560
PAGCOR Chairman and CEO Alejandro H. Tengco: nakapagpatayo po tayo ng isang

asr-001067
01:57:14.560 --> 01:57:16.599
PAGCOR Chairman and CEO Alejandro H. Tengco: Children's Specialty Hospital sa Clark.

asr-001068
01:57:16.599 --> 01:57:19.960
PAGCOR Chairman and CEO Alejandro H. Tengco: At yung pera po na yun ay nagmula

asr-001069
01:57:19.960 --> 01:57:23.880
PAGCOR Chairman and CEO Alejandro H. Tengco: doon sa foundation ng integrated resort natin.

asr-001070
01:57:23.880 --> 01:57:26.119
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang naging kapartner po natin doon

asr-001071
01:57:26.119 --> 01:57:28.920
PAGCOR Chairman and CEO Alejandro H. Tengco: ay ang Bloomberry Foundation

asr-001072
01:57:28.920 --> 01:57:32.360
PAGCOR Chairman and CEO Alejandro H. Tengco: na mas kilala sa integrated resort

asr-001073
01:57:32.360 --> 01:57:34.360
PAGCOR Chairman and CEO Alejandro H. Tengco: na ang pangalan ay Soler.

asr-001074
01:57:34.360 --> 01:57:36.520
PAGCOR Chairman and CEO Alejandro H. Tengco: Sila po ay nag-contribute ng

asr-001075
01:57:36.520 --> 01:57:38.920
PAGCOR Chairman and CEO Alejandro H. Tengco: may gitisang billion piso

asr-001076
01:57:38.920 --> 01:57:41.320
PAGCOR Chairman and CEO Alejandro H. Tengco: para sa pagpapatayo ng ospital.

asr-001077
01:57:41.320 --> 01:57:44.199
PAGCOR Chairman and CEO Alejandro H. Tengco: Partner naman po niya ang PAGCOR

asr-001078
01:57:44.199 --> 01:57:45.920
PAGCOR Chairman and CEO Alejandro H. Tengco: sapagat ang PAGCOR naman po

asr-001079
01:57:45.920 --> 01:57:49.840
PAGCOR Chairman and CEO Alejandro H. Tengco: ang nag-provide ng medical equipment para dito.

asr-001080
01:57:49.840 --> 01:57:52.400
PAGCOR Chairman and CEO Alejandro H. Tengco: Kailan lang po ininaguruhan nito?

asr-001081
01:57:52.400 --> 01:57:54.119
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung hindi ako nagkakamali,

asr-001082
01:57:54.119 --> 01:57:57.800
Rep. Sarah Jane I. Elago: huling linggo po ng Hulyo

asr-001083
01:57:57.800 --> 01:57:58.599
Rep. Sarah Jane I. Elago: nitong 2026.

asr-001084
01:57:58.599 --> 01:57:59.920
Rep. Sarah Jane I. Elago: Your Honor.

asr-001085
01:57:59.920 --> 01:58:00.760
Rep. Sarah Jane I. Elago: Madam Chair,

asr-001086
01:58:00.760 --> 01:58:02.800
Rep. Sarah Jane I. Elago: mahingi na lang po tayo muli ng breakdown

asr-001087
01:58:02.800 --> 01:58:07.360
Rep. Sarah Jane I. Elago: nung pagkakagastusan natin ng 100 million pesos.

asr-001088
01:58:07.360 --> 01:58:08.800
Rep. Sarah Jane I. Elago: Madam Chair, pang huling tanong po,

asr-001089
01:58:08.800 --> 01:58:10.920
Rep. Sarah Jane I. Elago: kasama na ba dito halimbawa

asr-001090
01:58:10.920 --> 01:58:13.719
Rep. Sarah Jane I. Elago: kung nangangailangan ng treatment

asr-001091
01:58:13.719 --> 01:58:15.560
Rep. Sarah Jane I. Elago: sa gambling addiction?

asr-001092
01:58:15.560 --> 01:58:17.840
Rep. Sarah Jane I. Elago: Meron bang dagdag na support?

asr-001093
01:58:17.840 --> 01:58:19.040
Rep. Sarah Jane I. Elago: Lalo lalo na nabanggit nyo kanina

asr-001094
01:58:19.040 --> 01:58:21.360
Rep. Sarah Jane I. Elago: na malaking percentage din

asr-001095
01:58:21.360 --> 01:58:23.719
Rep. Sarah Jane I. Elago: ng mga gumagamit.

asr-001096
01:58:23.719 --> 01:58:25.760
Rep. Sarah Jane I. Elago: Hindi lang nakarehistro pero yung active,

asr-001097
01:58:25.760 --> 01:58:27.719
Rep. Sarah Jane I. Elago: na users ay nanggaling sa mga

asr-001098
01:58:27.719 --> 01:58:30.119
Rep. Sarah Jane I. Elago: low income at minimum wage

asr-001099
01:58:30.119 --> 01:58:31.800
Rep. Sarah Jane I. Elago: earners at workers natin.

asr-001100
01:58:31.800 --> 01:58:33.599
Rep. Sarah Jane I. Elago: Meron bang ganong tulong

asr-001101
01:58:33.599 --> 01:58:35.360
Rep. Sarah Jane I. Elago: para sa kanila? Dahil Madam Chair,

asr-001102
01:58:35.360 --> 01:58:38.400
Rep. Sarah Jane I. Elago: na-recognize na rin po ng World Health Organization

asr-001103
01:58:38.400 --> 01:58:41.400
Rep. Sarah Jane I. Elago: na isang public health hazard

asr-001104
01:58:41.400 --> 01:58:43.360
Rep. Sarah Jane I. Elago: ang hindi lang po exposure

asr-001105
01:58:43.360 --> 01:58:47.119
Rep. Sarah Jane I. Elago: pero yung active na

asr-001106
01:58:47.119 --> 01:58:48.000
Rep. Sarah Jane I. Elago: gambling.

asr-001107
01:58:48.000 --> 01:58:49.719
Rep. Sarah Jane I. Elago: Kaya ho,

asr-001108
01:58:49.719 --> 01:58:52.639
Rep. Sarah Jane I. Elago: nangangailangan talaga, hindi lang sa PAGCOR.

asr-001109
01:58:52.639 --> 01:58:53.800
Rep. Sarah Jane I. Elago: Sinabi nyo may

asr-001110
01:58:53.800 --> 01:58:55.920
Rep. Sarah Jane I. Elago: sariling source, may income na pwede

asr-001111
01:58:55.920 --> 01:58:57.920
Rep. Sarah Jane I. Elago: din gamitin pero naniniwala

asr-001112
01:58:57.920 --> 01:58:59.679
Rep. Sarah Jane I. Elago: tayo na nangangailangan

asr-001113
01:58:59.679 --> 01:59:01.639
Rep. Sarah Jane I. Elago: ito ng komprehensibo

asr-001114
01:59:01.639 --> 01:59:03.760
Rep. Sarah Jane I. Elago: at multi-agency na

asr-001115
01:59:03.760 --> 01:59:05.760
Rep. Sarah Jane I. Elago: approach para matiyak na

asr-001116
01:59:05.760 --> 01:59:07.639
Rep. Sarah Jane I. Elago: natutugunan natin kung ano man yung

asr-001117
01:59:07.639 --> 01:59:09.719
Rep. Sarah Jane I. Elago: mga issue na sumusulpot mula dito

asr-001118
01:59:09.719 --> 01:59:11.679
Rep. Sarah Jane I. Elago: habang nandyan naman yung stricter

asr-001119
01:59:11.679 --> 01:59:13.480
Rep. Sarah Jane I. Elago: natin na regulatory frameworks

asr-001120
01:59:13.480 --> 01:59:15.840
Rep. Sarah Jane I. Elago: and systems pero at the same time

asr-001121
01:59:15.840 --> 01:59:18.079
Rep. Sarah Jane I. Elago: kung paano rin natin nababawasan

asr-001122
01:59:18.079 --> 01:59:19.880
Rep. Sarah Jane I. Elago: at napiprevent

asr-001123
01:59:19.880 --> 01:59:22.480
PAGCOR Chairman and CEO Alejandro H. Tengco: yung maaari na

asr-001124
01:59:22.480 --> 01:59:25.320
PAGCOR Chairman and CEO Alejandro H. Tengco: harm mula po sa gambling.

asr-001125
01:59:25.320 --> 01:59:26.400
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

asr-001126
01:59:26.400 --> 01:59:28.639
PAGCOR Chairman and CEO Alejandro H. Tengco: tulad ng binanggit ko kanina

asr-001127
01:59:28.639 --> 01:59:29.920
PAGCOR Chairman and CEO Alejandro H. Tengco: ang katulong po namin

asr-001128
01:59:29.920 --> 01:59:31.400
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pagpapatakbo

asr-001129
01:59:31.400 --> 01:59:33.800
PAGCOR Chairman and CEO Alejandro H. Tengco: ng 24-7 hotline

asr-001130
01:59:33.800 --> 01:59:36.000
PAGCOR Chairman and CEO Alejandro H. Tengco: ay ang Seagulls

asr-001131
01:59:36.000 --> 01:59:37.679
PAGCOR Chairman and CEO Alejandro H. Tengco: Flock Foundation.

asr-001132
01:59:37.679 --> 01:59:39.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito po yung isang non-profit

asr-001133
01:59:39.840 --> 01:59:41.920
PAGCOR Chairman and CEO Alejandro H. Tengco: organization na

asr-001134
01:59:41.920 --> 01:59:44.639
PAGCOR Chairman and CEO Alejandro H. Tengco: may karanasan po, Your Honor,

asr-001135
01:59:44.639 --> 01:59:47.560
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi lang sa

asr-001136
01:59:47.560 --> 01:59:47.800
PAGCOR Chairman and CEO Alejandro H. Tengco: pagtatraining ng

asr-001137
01:59:47.800 --> 01:59:50.320
PAGCOR Chairman and CEO Alejandro H. Tengco: mga customer service agents

asr-001138
01:59:50.320 --> 01:59:51.800
PAGCOR Chairman and CEO Alejandro H. Tengco: na sumasagot

asr-001139
01:59:51.800 --> 01:59:54.079
PAGCOR Chairman and CEO Alejandro H. Tengco: sa 24-7 hotline

asr-001140
01:59:54.079 --> 01:59:54.613
PAGCOR Chairman and CEO Alejandro H. Tengco: ng PAGCOR.

asr-001141
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

asr-001142
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.

asr-001143
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

asr-001144
02:00:17.400 --> 02:00:23.040
Rep. Sarah Jane I. Elago: yung may problemang naglalaro na sinasabi po natin, Your Honor.

asr-001145
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

asr-001146
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

asr-001147
02:00:33.320 --> 02:00:38.119
Rep. Sarah Jane I. Elago: ang 24-7 National Problem Gambling Helpline. Maraming salamat Madam Chair.

asr-001148
02:00:38.119 --> 02:00:40.679
PAGCOR Chairman and CEO Alejandro H. Tengco: Maraming salamat din po, Your Honor.

asr-001149
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

asr-001150
02:00:48.320 --> 02:00:52.040
Rep. Mikaela Angela B. Suansing: to PAGCOR and then we'll follow up.

asr-001151
02:00:52.040 --> 02:00:54.599
Rep. Mikaela Angela B. Suansing: We'll follow up with them later on. Thank you.

asr-001152
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.

asr-001153
02:01:02.500 --> 02:01:03.750
Rep. Salvador A. Pleyto: Good morning, Madam. Thank you, Madam Chair.

asr-001154
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,

asr-001155
02:01:17.898 --> 02:01:19.383
Rep. Salvador A. Pleyto: magandang umaga po sa ating lahat.

asr-001156
02:01:20.058 --> 02:01:22.960
Rep. Salvador A. Pleyto: Dalawang tanong lang po, Madam Chair.

asr-001157
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,

asr-001158
02:01:33.254 --> 02:01:34.891
Rep. Salvador A. Pleyto: Chairman Mika, ng first half of 2026,

asr-001159
02:01:34.891 --> 02:01:37.430
Rep. Salvador A. Pleyto: nag-decline ng 26.64%,

asr-001160
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%.

asr-001161
02:01:43.614 --> 02:01:46.320
Rep. Salvador A. Pleyto: Tama po ba ito, Chairman Al?

asr-001162
02:01:48.310 --> 02:01:51.709
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, Your Honor. Tama po yung binanggit nyo.

asr-001163
02:01:51.709 --> 02:01:52.781
PAGCOR Chairman and CEO Alejandro H. Tengco: Tulad po ng aking pagpapaliwanag earlier,

asr-001164
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.

asr-001165
02:01:59.123 --> 02:02:02.669
Rep. Salvador A. Pleyto: Madam Chair, Chairman Al, in light of this significant decline,

asr-001166
02:02:07.662 --> 02:02:10.790
Rep. Salvador A. Pleyto: ano po, what concrete measures will PAGCOR implement to reverse this trend

asr-001167
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?

asr-001168
02:02:19.323 --> 02:02:21.972
PAGCOR Chairman and CEO Alejandro H. Tengco: Thank you, Madam Chair.

asr-001169
02:02:21.972 --> 02:02:22.664
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor.

asr-001170
02:02:23.960 --> 02:02:25.432
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, tulad po nung naiulot ko kanina,

asr-001171
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

asr-001172
02:02:39.303 --> 02:02:39.958
PAGCOR Chairman and CEO Alejandro H. Tengco: na magpalisensya na.

asr-001173
02:02:41.950 --> 02:02:44.320
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil ang paniwala ko po sa pangkasalukuyan sa industriya,

asr-001174
02:02:47.200 --> 02:02:49.030
PAGCOR Chairman and CEO Alejandro H. Tengco: 50% po ang may lisensya,

asr-001175
02:02:54.035 --> 02:02:55.807
PAGCOR Chairman and CEO Alejandro H. Tengco: 50% din po ang walang lisensya.

asr-001176
02:02:55.807 --> 02:02:57.578
PAGCOR Chairman and CEO Alejandro H. Tengco: So, very positive naman, Your Honor, ang aming programa

asr-001177
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

asr-001178
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.

asr-001179
02:03:12.344 --> 02:03:13.272
PAGCOR Chairman and CEO Alejandro H. Tengco: So, number one po yun.

asr-001180
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,

asr-001181
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

asr-001182
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.

asr-001183
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.

asr-001184
02:03:52.861 --> 02:03:54.025
PAGCOR Chairman and CEO Alejandro H. Tengco: At gusto ko pong ibalita sa inyo,

asr-001185
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

asr-001186
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.

asr-001187
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

asr-001188
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

asr-001189
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.

asr-001190
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,

asr-001191
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,

asr-001192
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

asr-001193
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,

asr-001194
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.

asr-001195
02:05:19.651 --> 02:05:21.033
PAGCOR Chairman and CEO Alejandro H. Tengco: So this amounts to an average of...

asr-001196
02:05:23.969 --> 02:05:25.049
PAGCOR Chairman and CEO Alejandro H. Tengco: 35,000 to 45,000 pesos a month.

asr-001197
02:05:26.510 --> 02:05:29.234
PAGCOR Chairman and CEO Alejandro H. Tengco: So yun po ang aming ginagawa sa pangkasulukuyan,

asr-001198
02:05:29.538 --> 02:05:31.360
PAGCOR Chairman and CEO Alejandro H. Tengco: and we're also hoping, Your Honor, Kong Ador,

asr-001199
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,

asr-001200
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,

asr-001201
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.

asr-001202
02:05:46.531 --> 02:05:50.840
Rep. Salvador A. Pleyto: Thank you, Chairman Al, for that response.

asr-001203
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,

asr-001204
02:06:04.047 --> 02:06:07.507
Rep. Salvador A. Pleyto: expanding the legitimate gaming market, strengthening its digital monitoring and collection system,

asr-001205
02:06:09.790 --> 02:06:11.679
Rep. Salvador A. Pleyto: and addressing illegal and unlicensed operators,

asr-001206
02:06:15.033 --> 02:06:19.690
Rep. Salvador A. Pleyto: and also attracting responsible investment into the Philippine gaming industry.

asr-001207
02:06:20.146 --> 02:06:23.500
PAGCOR Chairman and CEO Alejandro H. Tengco: Okay.

asr-001208
02:06:23.500 --> 02:06:24.736
PAGCOR Chairman and CEO Alejandro H. Tengco: Doon po sa katanungan ninyo, Your Honor, una,

asr-001209
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

asr-001210
02:06:38.185 --> 02:06:39.095
PAGCOR Chairman and CEO Alejandro H. Tengco: para nang sa ganun ma-improve ito.

asr-001211
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.

asr-001212
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

asr-001213
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.

asr-001214
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,

asr-001215
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,

asr-001216
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,

asr-001217
02:07:33.738 --> 02:07:37.830
PAGCOR Chairman and CEO Alejandro H. Tengco: ngayon din naman ng ating online gaming.

asr-001218
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,

asr-001219
02:07:45.213 --> 02:07:51.237
PAGCOR Chairman and CEO Alejandro H. Tengco: ay next to Macau.

asr-001220
02:07:53.414 --> 02:07:55.051
PAGCOR Chairman and CEO Alejandro H. Tengco: Halos we are competing.

asr-001221
02:07:55.490 --> 02:07:56.975
PAGCOR Chairman and CEO Alejandro H. Tengco: Head to head na with Singapore.

asr-001222
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,

asr-001223
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

asr-001224
02:08:06.982 --> 02:08:09.040
PAGCOR Chairman and CEO Alejandro H. Tengco: na sa pangkasulukuyan ay pinapatakbo ng PAGCOR,

asr-001225
02:08:10.510 --> 02:08:13.000
PAGCOR Chairman and CEO Alejandro H. Tengco: naniniwala po ko it will be a game changer.

asr-001226
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,

asr-001227
02:08:19.958 --> 02:08:21.410
PAGCOR Chairman and CEO Alejandro H. Tengco: iba na po ito eh.

asr-001228
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.

asr-001229
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.

asr-001230
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.

asr-001231
02:08:44.819 --> 02:08:47.792
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil wala namang yung mga properties natin.

asr-001232
02:08:47.792 --> 02:08:50.300
PAGCOR Chairman and CEO Alejandro H. Tengco: Na ganitong facilities.

asr-001233
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,

asr-001234
02:09:00.819 --> 02:09:02.840
PAGCOR Chairman and CEO Alejandro H. Tengco: naniniwala po ako, yung bibili ng pribadong kumpanya,

asr-001235
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.

asr-001236
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,

asr-001237
02:09:15.663 --> 02:09:17.317
PAGCOR Chairman and CEO Alejandro H. Tengco: tatas din rin automatic ang income ng PAGCOR.

asr-001238
02:09:19.549 --> 02:09:22.360
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya yan po ang mga pangkasulukuyang mga ginagawa namin.

asr-001239
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,

asr-001240
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.

asr-001241
02:09:34.394 --> 02:09:36.910
PAGCOR Chairman and CEO Alejandro H. Tengco: Dagdag pa ron, Congressman Pleyto,

asr-001242
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.

asr-001243
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,

asr-001244
02:09:55.350 --> 02:09:57.599
PAGCOR Chairman and CEO Alejandro H. Tengco: mahigit 250 million piso isang buwan.

asr-001245
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,

asr-001246
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,

asr-001247
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.

asr-001248
02:10:18.927 --> 02:10:20.125
Rep. Salvador A. Pleyto: Maraming salamat, Chairman Al.

asr-001249
02:10:21.813 --> 02:10:22.640
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po naman, Your Honor.

asr-001250
02:10:23.011 --> 02:10:25.976
Rep. Salvador A. Pleyto: At Madam Chair, pwede ba yung remaining time ko,

asr-001251
02:10:25.976 --> 02:10:29.137
Rep. Salvador A. Pleyto: bigay ko sa aking kaibigan, kay Congressman Dumugan,

asr-001252
02:10:29.963 --> 02:10:34.189
Rep. Salvador A. Pleyto: kasi napakarami namang nangyaring mga nasirang infrastruktura doon sa Koldilyera,

asr-001253
02:10:37.912 --> 02:10:40.105
Rep. Salvador A. Pleyto: lalo ng Baguio-Binguet, sa infrastructure, saka agriculture.

asr-001254
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,

asr-001255
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,

asr-001256
02:10:54.109 --> 02:10:56.280
Rep. Salvador A. Pleyto: PAGCOR has continued to fulfill its social responsibility.

asr-001257
02:10:57.349 --> 02:10:58.567
Rep. Salvador A. Pleyto: Gusto ko pa sa salamatan ng mga taga PAGCOR.

asr-001258
02:11:01.030 --> 02:11:03.470
Rep. Salvador A. Pleyto: May sincere appreciation yung binanggit kanina ni Assistant President Balcos, si Eric,

asr-001259
02:11:08.236 --> 02:11:11.392
Rep. Salvador A. Pleyto: tungkol po doon sa JBL, Children's Medical Center, in Clark, Pangpanga,

asr-001260
02:11:13.189 --> 02:11:18.968
Rep. Salvador A. Pleyto: which was recently inaugurated by our beloved President Bongbong Marcos.

asr-001261
02:11:19.154 --> 02:11:21.483
Rep. Salvador A. Pleyto: Ito po.

asr-001262
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.

asr-001263
02:11:24.250 --> 02:11:26.444
Rep. Salvador A. Pleyto: Napakaganda po ito.

asr-001264
02:11:26.444 --> 02:11:30.022
Rep. Salvador A. Pleyto: Salamat kami mga taga Central Luzon, lalo na ang Bulacan, malapit doon,

asr-001265
02:11:30.342 --> 02:11:32.047
Rep. Salvador A. Pleyto: at yung mga taga Central Luzon.

asr-001266
02:11:32.367 --> 02:11:34.960
Rep. Salvador A. Pleyto: Saka lahat po tayo, kasi para sa mga batang mga isakit,

asr-001267
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.

asr-001268
02:11:44.310 --> 02:11:46.042
Rep. Salvador A. Pleyto: We've also seen PAGCOR.

asr-001269
02:11:46.042 --> 02:11:47.062
Rep. Salvador A. Pleyto: Ito ay totoo po naman po ito.

asr-001270
02:11:47.062 --> 02:11:50.103
Rep. Salvador A. Pleyto: Yung mga pangangailangan sa Mindanao,

asr-001271
02:11:50.103 --> 02:11:52.520
Rep. Salvador A. Pleyto: nung nangyari yung mga typhoons and earthquakes, recent earthquakes in Mindanao,

asr-001272
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,

asr-001273
02:11:59.924 --> 02:12:03.097
Rep. Salvador A. Pleyto: alam ko ang PAGCOR, they continue to affect many parts.

asr-001274
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.

asr-001275
02:12:11.467 --> 02:12:15.027
Rep. Salvador A. Pleyto: At the time, Madam Chair, when government resources are stretched

asr-001276
02:12:16.990 --> 02:12:19.041
Rep. Salvador A. Pleyto: by the increasing free...

asr-001277
02:12:19.041 --> 02:12:22.047
Rep. Salvador A. Pleyto: frequency and severity of natural disasters, this commitment is truly commendable.

asr-001278
02:12:27.109 --> 02:12:31.936
Rep. Salvador A. Pleyto: It demonstrates that PAGCOR's role goes beyond gaming and revenue generation.

asr-001279
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

asr-001280
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

asr-001281
02:12:41.639 --> 02:12:43.960
Rep. Salvador A. Pleyto: their homes, livelihoods, and sense of security because of the calamities.

asr-001282
02:12:43.960 --> 02:12:44.760
Rep. Salvador A. Pleyto: Thank you, Madam Chair.

asr-001283
02:12:44.760 --> 02:12:45.920
Rep. Salvador A. Pleyto: Thank you, Chairman Al.

asr-001284
02:12:48.052 --> 02:12:50.212
Rep. Mikaela Angela B. Suansing: Thank you, Representative Pleyto.

asr-001285
02:12:50.212 --> 02:12:53.249
Rep. Mikaela Angela B. Suansing: Chair Al, would you like to respond?

asr-001286
02:12:53.249 --> 02:12:55.021
PAGCOR Chairman and CEO Alejandro H. Tengco: Okay po.

asr-001287
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.

asr-001288
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.

asr-001289
02:13:09.095 --> 02:13:09.972
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po.

asr-001290
02:13:09.972 --> 02:13:10.968
Rep. Mikaela Angela B. Suansing: Maraming salamat.

asr-001291
02:13:11.491 --> 02:13:12.335
Rep. Salvador A. Pleyto: Thank you, Madam Chair.

asr-001292
02:13:12.520 --> 02:13:13.760
Rep. Mikaela Angela B. Suansing: Thank you, Representative Pleyto.

asr-001293
02:13:14.199 --> 02:13:16.599
Rep. Mikaela Angela B. Suansing: We'll now move to our next interpellator from the minority.

asr-001294
02:13:18.400 --> 02:13:20.000
Rep. Mikaela Angela B. Suansing: Representative Iris Marie Montes.

asr-001295
02:13:20.000 --> 02:13:25.159
Rep. Iris Marie Demesa Montes: Thank you, Madam Chair. Magandang umaga po sa ating lahat.

asr-001296
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.

asr-001297
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.

asr-001298
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.

asr-001299
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?

asr-001300
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?

asr-001301
02:14:22.520 --> 02:14:25.520
PAGCOR Chairman and CEO Alejandro H. Tengco: Madam Chairperson, I'd like to answer.

asr-001302
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.

asr-001303
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.

asr-001304
02:14:51.597 --> 02:14:52.159
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes.

asr-001305
02:14:52.159 --> 02:14:52.920
PAGCOR Chairman and CEO Alejandro H. Tengco: Because the law states...

asr-001306
02:14:52.920 --> 02:14:55.400
PAGCOR Chairman and CEO Alejandro H. Tengco: states that we remit

asr-001307
02:14:55.400 --> 02:14:56.719
PAGCOR Chairman and CEO Alejandro H. Tengco: and then it is the

asr-001308
02:14:56.719 --> 02:14:59.280
PAGCOR Chairman and CEO Alejandro H. Tengco: national government that will remit

asr-001309
02:14:59.280 --> 02:15:00.920
PAGCOR Chairman and CEO Alejandro H. Tengco: 50% of what

asr-001310
02:15:00.920 --> 02:15:02.920
PAGCOR Chairman and CEO Alejandro H. Tengco: we attributed to

asr-001311
02:15:02.920 --> 02:15:05.440
PAGCOR Chairman and CEO Alejandro H. Tengco: the PhilHealth.

asr-001312
02:15:05.440 --> 02:15:07.320
PAGCOR Chairman and CEO Alejandro H. Tengco: In answer to your question,

asr-001313
02:15:07.320 --> 02:15:10.719
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, yes,

asr-001314
02:15:10.719 --> 02:15:11.599
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR has

asr-001315
02:15:11.599 --> 02:15:13.599
PAGCOR Chairman and CEO Alejandro H. Tengco: remitted religiously

asr-001316
02:15:13.599 --> 02:15:15.320
PAGCOR Chairman and CEO Alejandro H. Tengco: and as of

asr-001317
02:15:15.320 --> 02:15:17.599
PAGCOR Chairman and CEO Alejandro H. Tengco: today, we are current

asr-001318
02:15:17.599 --> 02:15:18.880
PAGCOR Chairman and CEO Alejandro H. Tengco: and wala po kaming

asr-001319
02:15:18.880 --> 02:15:20.960
PAGCOR Chairman and CEO Alejandro H. Tengco: pagkukulang noong sa nasabing

asr-001320
02:15:20.960 --> 02:15:22.360
PAGCOR Chairman and CEO Alejandro H. Tengco: remittance na iyo.

asr-001321
02:15:22.360 --> 02:15:24.719
Rep. Iris Marie Demesa Montes: Maraming salamat po. So, religiously

asr-001322
02:15:24.719 --> 02:15:26.880
Rep. Iris Marie Demesa Montes: meaning compliant with the

asr-001323
02:15:26.880 --> 02:15:28.440
Rep. Iris Marie Demesa Montes: provision of the law one year after its

asr-001324
02:15:28.440 --> 02:15:30.760
Rep. Iris Marie Demesa Montes: enactment. So, I suppose it's 2020

asr-001325
02:15:30.760 --> 02:15:33.079
Rep. Iris Marie Demesa Montes: ano po. Based kasi po

asr-001326
02:15:33.079 --> 02:15:34.719
Rep. Iris Marie Demesa Montes: dito sa inyong presentation

asr-001327
02:15:34.719 --> 02:15:36.920
Rep. Iris Marie Demesa Montes: handout, tinignan nyo

asr-001328
02:15:36.920 --> 02:15:38.559
Rep. Iris Marie Demesa Montes: lang po ang present lang

asr-001329
02:15:38.559 --> 02:15:40.599
Rep. Iris Marie Demesa Montes: 2023, 2024, 2025.

asr-001330
02:15:40.599 --> 02:15:42.440
Rep. Iris Marie Demesa Montes: So, out of, from this, I

asr-001331
02:15:42.440 --> 02:15:44.440
Rep. Iris Marie Demesa Montes: understand, yung 50%

asr-001332
02:15:44.440 --> 02:15:46.480
Rep. Iris Marie Demesa Montes: government share for 2023 is

asr-001333
02:15:46.480 --> 02:15:48.480
Rep. Iris Marie Demesa Montes: 34.6 billion. So,

asr-001334
02:15:48.480 --> 02:15:50.719
Rep. Iris Marie Demesa Montes: half of that,

asr-001335
02:15:50.719 --> 02:15:51.800
Rep. Iris Marie Demesa Montes: 17.3,

asr-001336
02:15:51.800 --> 02:15:54.719
Rep. Iris Marie Demesa Montes: went to the National Treasury for

asr-001337
02:15:54.719 --> 02:15:55.960
Rep. Iris Marie Demesa Montes: PhilHealth. In 2024,

asr-001338
02:15:55.960 --> 02:15:58.480
Rep. Iris Marie Demesa Montes: 46, so 23.1

asr-001339
02:15:58.480 --> 02:16:00.000
Rep. Iris Marie Demesa Montes: and 2025,

asr-001340
02:16:00.000 --> 02:16:03.040
Rep. Iris Marie Demesa Montes: 45, so 22.5.

asr-001341
02:16:03.040 --> 02:16:06.559
Rep. Iris Marie Demesa Montes: Na po.

asr-001342
02:16:06.559 --> 02:16:07.960
Rep. Iris Marie Demesa Montes: Meron po ba kayong figure

asr-001343
02:16:07.960 --> 02:16:10.400
Rep. Iris Marie Demesa Montes: as to your total remittance

asr-001344
02:16:10.400 --> 02:16:11.920
Rep. Iris Marie Demesa Montes: to the National Treasury

asr-001345
02:16:11.920 --> 02:16:13.719
Rep. Iris Marie Demesa Montes: since the time you said you

asr-001346
02:16:13.719 --> 02:16:16.000
Rep. Iris Marie Demesa Montes: religiously

asr-001347
02:16:16.000 --> 02:16:18.520
Rep. Iris Marie Demesa Montes: remitted to the National Treasury?

asr-001348
02:16:18.520 --> 02:16:19.800
Rep. Iris Marie Demesa Montes: Meron po kayong

asr-001349
02:16:19.800 --> 02:16:22.079
Rep. Iris Marie Demesa Montes: total break, total.

asr-001350
02:16:22.079 --> 02:16:24.040
PAGCOR Chairman and CEO Alejandro H. Tengco: We, we, your honor,

asr-001351
02:16:24.040 --> 02:16:26.079
PAGCOR Chairman and CEO Alejandro H. Tengco: we do not have it right now, but

asr-001352
02:16:26.079 --> 02:16:27.800
PAGCOR Chairman and CEO Alejandro H. Tengco: we can submit to

asr-001353
02:16:27.800 --> 02:16:30.159
PAGCOR Chairman and CEO Alejandro H. Tengco: the committee our

asr-001354
02:16:30.159 --> 02:16:33.519
PAGCOR Chairman and CEO Alejandro H. Tengco: remittances. Actually,

asr-001355
02:16:33.519 --> 02:16:34.319
PAGCOR Chairman and CEO Alejandro H. Tengco: now that I

asr-001356
02:16:34.319 --> 02:16:36.920
PAGCOR Chairman and CEO Alejandro H. Tengco: remember, we, we have

asr-001357
02:16:36.920 --> 02:16:37.920
PAGCOR Chairman and CEO Alejandro H. Tengco: remit, we remit

asr-001358
02:16:37.920 --> 02:16:39.880
PAGCOR Chairman and CEO Alejandro H. Tengco: on a monthly basis

asr-001359
02:16:39.880 --> 02:16:45.519
PAGCOR Chairman and CEO Alejandro H. Tengco: and kasi po

asr-001360
02:16:45.519 --> 02:16:47.160
PAGCOR Chairman and CEO Alejandro H. Tengco: monthly po ang remittance namin

asr-001361
02:16:47.160 --> 02:16:49.679
PAGCOR Chairman and CEO Alejandro H. Tengco: sa National Treasury, your honor eh.

asr-001362
02:16:49.679 --> 02:16:52.399
Rep. Iris Marie Demesa Montes: So, that means

asr-001363
02:16:52.399 --> 02:16:53.439
Rep. Iris Marie Demesa Montes: monthly din dapat

asr-001364
02:16:53.439 --> 02:16:55.322
Rep. Iris Marie Demesa Montes: ay nai-remit.

asr-001365
02:16:55.322 --> 02:16:58.089
Rep. Iris Marie Demesa Montes: Yes po. Supposedly, ang hinihingidag

asr-001366
02:16:58.089 --> 02:16:59.840
Rep. Iris Marie Demesa Montes: po ng batas na provision, quarterly

asr-001367
02:16:59.840 --> 02:17:02.160
Rep. Iris Marie Demesa Montes: remittance.

asr-001368
02:17:02.160 --> 02:17:03.639
Rep. Iris Marie Demesa Montes: So, yun po yung tinatanong ko

asr-001369
02:17:03.639 --> 02:17:05.319
Rep. Iris Marie Demesa Montes: na timely manner, meaning

asr-001370
02:17:05.319 --> 02:17:07.559
Rep. Iris Marie Demesa Montes: quarterly remittance. But if you're

asr-001371
02:17:07.559 --> 02:17:09.519
Rep. Iris Marie Demesa Montes: remitting monthly, then mas

asr-001372
02:17:09.519 --> 02:17:11.639
Rep. Iris Marie Demesa Montes: maganda po. So, Madam Chair,

asr-001373
02:17:11.639 --> 02:17:13.599
Rep. Iris Marie Demesa Montes: may I just request that

asr-001374
02:17:13.599 --> 02:17:16.040
Rep. Iris Marie Demesa Montes: this representation be provided

asr-001375
02:17:16.040 --> 02:17:17.880
Rep. Iris Marie Demesa Montes: with the listing

asr-001376
02:17:17.880 --> 02:17:19.960
Rep. Iris Marie Demesa Montes: of all the remittances of

asr-001377
02:17:19.960 --> 02:17:21.519
Rep. Iris Marie Demesa Montes: PAGCOR to the National Treasury

asr-001378
02:17:21.519 --> 02:17:23.840
Rep. Iris Marie Demesa Montes: since the loss enactment up to present

asr-001379
02:17:23.840 --> 02:17:25.439
Rep. Iris Marie Demesa Montes: to indicate also,

asr-001380
02:17:25.439 --> 02:17:28.040
Rep. Iris Marie Demesa Montes: the total remittances.

asr-001381
02:17:28.040 --> 02:17:29.599
PAGCOR Chairman and CEO Alejandro H. Tengco: We will do that, your honor,

asr-001382
02:17:29.599 --> 02:17:31.479
PAGCOR Chairman and CEO Alejandro H. Tengco: and we will submit

asr-001383
02:17:31.479 --> 02:17:33.319
PAGCOR Chairman and CEO Alejandro H. Tengco: the said request

asr-001384
02:17:33.319 --> 02:17:35.439
PAGCOR Chairman and CEO Alejandro H. Tengco: to the committee so that

asr-001385
02:17:35.439 --> 02:17:37.479
PAGCOR Chairman and CEO Alejandro H. Tengco: the committee chairperson

asr-001386
02:17:37.479 --> 02:17:39.439
PAGCOR Chairman and CEO Alejandro H. Tengco: may forward

asr-001387
02:17:39.439 --> 02:17:41.160
PAGCOR Chairman and CEO Alejandro H. Tengco: such report to you, ma'am.

asr-001388
02:17:41.160 --> 02:17:43.439
Rep. Iris Marie Demesa Montes: Pakiusap ko po lang, Chair, sana po

asr-001389
02:17:43.439 --> 02:17:45.479
Rep. Iris Marie Demesa Montes: medyo asap because

asr-001390
02:17:45.479 --> 02:17:47.200
Rep. Iris Marie Demesa Montes: I am planning to use that

asr-001391
02:17:47.200 --> 02:17:49.840
Rep. Iris Marie Demesa Montes: in the plenary deliberations

asr-001392
02:17:49.840 --> 02:17:51.120
Rep. Iris Marie Demesa Montes: of the DBM

asr-001393
02:17:51.120 --> 02:17:53.679
Rep. Iris Marie Demesa Montes: and the DOF.

asr-001394
02:17:53.679 --> 02:17:57.519
Rep. Iris Marie Demesa Montes: Pwede po bang maipag-re-enable?

asr-001395
02:17:57.519 --> 02:17:59.679
Rep. Iris Marie Demesa Montes: Maraming salamat po.

asr-001396
02:17:59.679 --> 02:18:01.160
Rep. Mikaela Angela B. Suansing: That's very quick.

asr-001397
02:18:01.160 --> 02:18:02.760
Rep. Iris Marie Demesa Montes: At kung kaya naman po, before that,

asr-001398
02:18:02.760 --> 02:18:04.719
Rep. Mikaela Angela B. Suansing: we will do that. Basta maximum na po

asr-001399
02:18:04.719 --> 02:18:06.359
Rep. Mikaela Angela B. Suansing: yung 48 oras.

asr-001400
02:18:06.359 --> 02:18:08.399
Rep. Iris Marie Demesa Montes: Maraming maraming salamat po.

asr-001401
02:18:08.399 --> 02:18:10.479
Rep. Mikaela Angela B. Suansing: Wala pong anuman, your honor.

asr-001402
02:18:10.479 --> 02:18:13.439
Rep. Iris Marie Demesa Montes: Sige po, moving on po to my next concern.

asr-001403
02:18:13.439 --> 02:18:15.080
Rep. Iris Marie Demesa Montes: Linawin ko lamang po, patuloy

asr-001404
02:18:15.080 --> 02:18:16.679
Rep. Iris Marie Demesa Montes: pa rin po tayong effort natin

asr-001405
02:18:16.679 --> 02:18:18.880
Rep. Iris Marie Demesa Montes: to privatize yung ating

asr-001406
02:18:18.880 --> 02:18:21.240
Rep. Iris Marie Demesa Montes: mga PAGCOR.

asr-001407
02:18:21.240 --> 02:18:22.960
Rep. Iris Marie Demesa Montes: I know it's a long-standing

asr-001408
02:18:22.960 --> 02:18:25.639
Rep. Iris Marie Demesa Montes: plan of PAGCOR to

asr-001409
02:18:25.639 --> 02:18:26.439
Rep. Iris Marie Demesa Montes: remain as

asr-001410
02:18:26.439 --> 02:18:28.439
Rep. Iris Marie Demesa Montes: regulatory, no? Regulatory

asr-001411
02:18:28.439 --> 02:18:30.240
Rep. Iris Marie Demesa Montes: na lang po yung role. So,

asr-001412
02:18:30.240 --> 02:18:33.160
Rep. Iris Marie Demesa Montes: there were plans on selling

asr-001413
02:18:33.160 --> 02:18:34.439
Rep. Iris Marie Demesa Montes: your, what do you call that?

asr-001414
02:18:34.439 --> 02:18:36.319
Rep. Iris Marie Demesa Montes: The Casino Filipinos, no?

asr-001415
02:18:36.319 --> 02:18:38.280
Rep. Iris Marie Demesa Montes: So, roughly po, mga

asr-001416
02:18:38.280 --> 02:18:40.399
Rep. Iris Marie Demesa Montes: 40 branches po ba yan? And it

asr-001417
02:18:40.399 --> 02:18:42.679
Rep. Iris Marie Demesa Montes: will, that move is expected

asr-001418
02:18:42.679 --> 02:18:44.399
Rep. Iris Marie Demesa Montes: to generate about 30 to

asr-001419
02:18:44.399 --> 02:18:46.439
Rep. Iris Marie Demesa Montes: 50 billion in proceeds

asr-001420
02:18:46.439 --> 02:18:48.439
Rep. Iris Marie Demesa Montes: should it be privatized. Tama po ba?

asr-001421
02:18:48.439 --> 02:18:51.679
Rep. Iris Marie Demesa Montes: Ano po ang exact figures natin?

asr-001422
02:18:51.679 --> 02:18:52.679
PAGCOR Chairman and CEO Alejandro H. Tengco: Your honor,

asr-001423
02:18:52.679 --> 02:18:54.639
PAGCOR Chairman and CEO Alejandro H. Tengco: sa definitely

asr-001424
02:18:54.639 --> 02:18:56.359
PAGCOR Chairman and CEO Alejandro H. Tengco: as I mentioned earlier in

asr-001425
02:18:56.359 --> 02:18:58.359
PAGCOR Chairman and CEO Alejandro H. Tengco: one of the answers to

asr-001426
02:18:58.359 --> 02:19:01.280
PAGCOR Chairman and CEO Alejandro H. Tengco: the previous questions,

asr-001427
02:19:01.280 --> 02:19:02.240
PAGCOR Chairman and CEO Alejandro H. Tengco: we are just

asr-001428
02:19:02.240 --> 02:19:05.359
PAGCOR Chairman and CEO Alejandro H. Tengco: awaiting for the

asr-001429
02:19:05.359 --> 02:19:06.359
PAGCOR Chairman and CEO Alejandro H. Tengco: recommendation of

asr-001430
02:19:06.359 --> 02:19:08.200
PAGCOR Chairman and CEO Alejandro H. Tengco: the GCG or the

asr-001431
02:19:08.200 --> 02:19:11.679
PAGCOR Chairman and CEO Alejandro H. Tengco: Governance Commission for

asr-001432
02:19:11.679 --> 02:19:12.319
PAGCOR Chairman and CEO Alejandro H. Tengco: GOCCs to the Office

asr-001433
02:19:12.319 --> 02:19:14.280
PAGCOR Chairman and CEO Alejandro H. Tengco: of the President. And as I had

asr-001434
02:19:14.280 --> 02:19:16.240
PAGCOR Chairman and CEO Alejandro H. Tengco: mentioned earlier, we were told

asr-001435
02:19:16.240 --> 02:19:19.599
PAGCOR Chairman and CEO Alejandro H. Tengco: it's going to happen soon.

asr-001436
02:19:19.599 --> 02:19:20.120
PAGCOR Chairman and CEO Alejandro H. Tengco: So, we're

asr-001437
02:19:20.120 --> 02:19:22.920
PAGCOR Chairman and CEO Alejandro H. Tengco: awaiting that.

asr-001438
02:19:22.920 --> 02:19:24.800
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, if we get the

asr-001439
02:19:24.800 --> 02:19:26.399
PAGCOR Chairman and CEO Alejandro H. Tengco: approval coming from the Office

asr-001440
02:19:26.399 --> 02:19:28.599
PAGCOR Chairman and CEO Alejandro H. Tengco: of the President,

asr-001441
02:19:28.599 --> 02:19:30.240
PAGCOR Chairman and CEO Alejandro H. Tengco: close to about

asr-001442
02:19:30.240 --> 02:19:32.679
PAGCOR Chairman and CEO Alejandro H. Tengco: 30, high 30s

asr-001443
02:19:32.679 --> 02:19:34.280
PAGCOR Chairman and CEO Alejandro H. Tengco: of our Casino

asr-001444
02:19:34.280 --> 02:19:36.399
PAGCOR Chairman and CEO Alejandro H. Tengco: Filipino properties in

asr-001445
02:19:36.399 --> 02:19:39.120
PAGCOR Chairman and CEO Alejandro H. Tengco: number will be privatized.

asr-001446
02:19:39.120 --> 02:19:40.639
PAGCOR Chairman and CEO Alejandro H. Tengco: And

asr-001447
02:19:40.639 --> 02:19:42.359
PAGCOR Chairman and CEO Alejandro H. Tengco: we are looking at anywhere

asr-001448
02:19:42.359 --> 02:19:44.639
PAGCOR Chairman and CEO Alejandro H. Tengco: between

asr-001449
02:19:44.639 --> 02:19:47.639
PAGCOR Chairman and CEO Alejandro H. Tengco: 20 to 30 billion.

asr-001450
02:19:47.639 --> 02:19:48.599
PAGCOR Chairman and CEO Alejandro H. Tengco: With the

asr-001451
02:19:48.599 --> 02:19:51.319
PAGCOR Chairman and CEO Alejandro H. Tengco: current situation,

asr-001452
02:19:51.319 --> 02:19:52.200
PAGCOR Chairman and CEO Alejandro H. Tengco: bumaba po

asr-001453
02:19:52.200 --> 02:19:54.800
PAGCOR Chairman and CEO Alejandro H. Tengco: ang revenue.

asr-001454
02:19:54.800 --> 02:19:56.280
PAGCOR Chairman and CEO Alejandro H. Tengco: That means also

asr-001455
02:19:56.280 --> 02:19:58.439
PAGCOR Chairman and CEO Alejandro H. Tengco: the valuation will go down.

asr-001456
02:19:58.439 --> 02:20:01.000
PAGCOR Chairman and CEO Alejandro H. Tengco: So, nabanggit ko naman,

asr-001457
02:20:01.000 --> 02:20:02.680
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi lang po naman sa Pilipinas,

asr-001458
02:20:02.680 --> 02:20:04.040
PAGCOR Chairman and CEO Alejandro H. Tengco: buong mundo po talagang

asr-001459
02:20:04.040 --> 02:20:06.160
PAGCOR Chairman and CEO Alejandro H. Tengco: apektado nitong nangyayari mga

asr-001460
02:20:06.160 --> 02:20:08.520
PAGCOR Chairman and CEO Alejandro H. Tengco: crisis na ito. So,

asr-001461
02:20:08.520 --> 02:20:10.399
PAGCOR Chairman and CEO Alejandro H. Tengco: we can only commit

asr-001462
02:20:10.399 --> 02:20:14.960
PAGCOR Chairman and CEO Alejandro H. Tengco: that we will be

asr-001463
02:20:14.960 --> 02:20:16.359
PAGCOR Chairman and CEO Alejandro H. Tengco: letting go of these

asr-001464
02:20:16.359 --> 02:20:18.560
PAGCOR Chairman and CEO Alejandro H. Tengco: properties at the best possible

asr-001465
02:20:18.560 --> 02:20:19.880
PAGCOR Chairman and CEO Alejandro H. Tengco: price.

asr-001466
02:20:19.880 --> 02:20:22.399
Rep. Iris Marie Demesa Montes: My concern, Madam Chair, is that

asr-001467
02:20:22.399 --> 02:20:25.040
Rep. Iris Marie Demesa Montes: kapag nag-privatize, siyempre maa-apek.

asr-001468
02:20:25.040 --> 02:20:26.960
Rep. Iris Marie Demesa Montes: yung ating

asr-001469
02:20:26.960 --> 02:20:29.080
Rep. Iris Marie Demesa Montes: income stream for PhilHealth.

asr-001470
02:20:29.080 --> 02:20:30.880
Rep. Iris Marie Demesa Montes: Kapag po ba ito na-privatize

asr-001471
02:20:30.880 --> 02:20:32.439
Rep. Iris Marie Demesa Montes: natin, yung proceeds from

asr-001472
02:20:32.439 --> 02:20:34.680
Rep. Iris Marie Demesa Montes: privatization, magkakaroon

asr-001473
02:20:34.680 --> 02:20:36.439
Rep. Iris Marie Demesa Montes: pa rin ba doon sa

asr-001474
02:20:36.439 --> 02:20:38.200
Rep. Iris Marie Demesa Montes: total na nabanggit nyo?

asr-001475
02:20:38.200 --> 02:20:41.439
Rep. Iris Marie Demesa Montes: Will PhilHealth get a share out of that?

asr-001476
02:20:41.439 --> 02:20:42.359
PAGCOR Chairman and CEO Alejandro H. Tengco: Well,

asr-001477
02:20:42.359 --> 02:20:44.560
PAGCOR Chairman and CEO Alejandro H. Tengco: clearly, Ma'am,

asr-001478
02:20:44.560 --> 02:20:48.200
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

asr-001479
02:20:48.200 --> 02:20:50.040
PAGCOR Chairman and CEO Alejandro H. Tengco: pagdating din po ng

asr-001480
02:20:50.040 --> 02:20:51.760
PAGCOR Chairman and CEO Alejandro H. Tengco: period of adjustment,

asr-001481
02:20:51.760 --> 02:20:54.120
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi ko po nakikitang

asr-001482
02:20:54.120 --> 02:20:55.880
PAGCOR Chairman and CEO Alejandro H. Tengco: bababa po yung share.

asr-001483
02:20:55.880 --> 02:20:57.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Sapagkat, kung mababawasan

asr-001484
02:20:57.840 --> 02:20:59.720
PAGCOR Chairman and CEO Alejandro H. Tengco: na po yung gastos natin

asr-001485
02:20:59.720 --> 02:21:01.720
PAGCOR Chairman and CEO Alejandro H. Tengco: ng PAGCOR sa empleyado

asr-001486
02:21:01.720 --> 02:21:03.800
PAGCOR Chairman and CEO Alejandro H. Tengco: lamang at gayon din

asr-001487
02:21:03.800 --> 02:21:05.840
PAGCOR Chairman and CEO Alejandro H. Tengco: sa mga upang binabayaran

asr-001488
02:21:05.840 --> 02:21:07.680
PAGCOR Chairman and CEO Alejandro H. Tengco: nito at ang kalakit na

asr-001489
02:21:07.680 --> 02:21:09.680
PAGCOR Chairman and CEO Alejandro H. Tengco: gastos tulad ng

asr-001490
02:21:09.680 --> 02:21:11.560
PAGCOR Chairman and CEO Alejandro H. Tengco: pagbabayad ng mga utilities,

asr-001491
02:21:11.560 --> 02:21:13.479
PAGCOR Chairman and CEO Alejandro H. Tengco: halimbawa na 24-7,

asr-001492
02:21:13.479 --> 02:21:15.120
PAGCOR Chairman and CEO Alejandro H. Tengco: nakabukas ang aircon, nakabukas

asr-001493
02:21:15.120 --> 02:21:18.160
PAGCOR Chairman and CEO Alejandro H. Tengco: ang ating

asr-001494
02:21:18.160 --> 02:21:20.120
PAGCOR Chairman and CEO Alejandro H. Tengco: kuryente, ang ilaw.

asr-001495
02:21:20.120 --> 02:21:21.920
PAGCOR Chairman and CEO Alejandro H. Tengco: So, sa nakikita po

asr-001496
02:21:21.920 --> 02:21:23.800
PAGCOR Chairman and CEO Alejandro H. Tengco: at pag-aaral namin, pag ito

asr-001497
02:21:23.800 --> 02:21:26.040
PAGCOR Chairman and CEO Alejandro H. Tengco: po ay talagang nawala na,

asr-001498
02:21:26.040 --> 02:21:28.920
PAGCOR Chairman and CEO Alejandro H. Tengco: sa gastos ng PAGCOR,

asr-001499
02:21:28.920 --> 02:21:30.520
PAGCOR Chairman and CEO Alejandro H. Tengco: mananatili pong

asr-001500
02:21:30.520 --> 02:21:32.040
PAGCOR Chairman and CEO Alejandro H. Tengco: mataas ang kikitahin

asr-001501
02:21:32.040 --> 02:21:34.040
PAGCOR Chairman and CEO Alejandro H. Tengco: ng PAGCOR. So, that being

asr-001502
02:21:34.040 --> 02:21:36.200
PAGCOR Chairman and CEO Alejandro H. Tengco: the case, mandando po na

asr-001503
02:21:36.200 --> 02:21:37.960
PAGCOR Chairman and CEO Alejandro H. Tengco: 50% ng aming kitay

asr-001504
02:21:37.960 --> 02:21:40.439
PAGCOR Chairman and CEO Alejandro H. Tengco: pupunta rin sa National Treasury

asr-001505
02:21:40.439 --> 02:21:41.920
PAGCOR Chairman and CEO Alejandro H. Tengco: kagad, eh, naniniwala po

asr-001506
02:21:41.920 --> 02:21:44.200
PAGCOR Chairman and CEO Alejandro H. Tengco: akong in the medium term,

asr-001507
02:21:44.200 --> 02:21:45.880
PAGCOR Chairman and CEO Alejandro H. Tengco: baka hindi lang po pumantay

asr-001508
02:21:45.880 --> 02:21:48.920
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pangkasalukuyan, may higit

asr-001509
02:21:48.920 --> 02:21:49.680
PAGCOR Chairman and CEO Alejandro H. Tengco: ang panya yung

asr-001510
02:21:49.680 --> 02:21:53.000
PAGCOR Chairman and CEO Alejandro H. Tengco: nasabing tulong na

asr-001511
02:21:53.000 --> 02:21:53.640
PAGCOR Chairman and CEO Alejandro H. Tengco: nairimit po

asr-001512
02:21:53.640 --> 02:21:56.040
PAGCOR Chairman and CEO Alejandro H. Tengco: ng PAGCOR sa National Treasury.

asr-001513
02:21:56.040 --> 02:21:57.200
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa pangkasalukuyan.

asr-001514
02:21:57.200 --> 02:22:00.560
Rep. Iris Marie Demesa Montes: But how about po yung proceeds sa privatization?

asr-001515
02:22:00.560 --> 02:22:02.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang proceeds po ng privatization

asr-001516
02:22:02.840 --> 02:22:04.160
PAGCOR Chairman and CEO Alejandro H. Tengco: ay hindi po lahat

asr-001517
02:22:04.160 --> 02:22:06.520
PAGCOR Chairman and CEO Alejandro H. Tengco: naman pupunta sa National Government

asr-001518
02:22:06.520 --> 02:22:07.760
PAGCOR Chairman and CEO Alejandro H. Tengco: dahil meron pong malaking

asr-001519
02:22:07.760 --> 02:22:10.840
PAGCOR Chairman and CEO Alejandro H. Tengco: gastos kami, which is the retirement,

asr-001520
02:22:10.840 --> 02:22:12.080
PAGCOR Chairman and CEO Alejandro H. Tengco: the cost of retirement

asr-001521
02:22:12.080 --> 02:22:13.720
PAGCOR Chairman and CEO Alejandro H. Tengco: of our employees.

asr-001522
02:22:13.720 --> 02:22:15.840
PAGCOR Chairman and CEO Alejandro H. Tengco: So, that will be

asr-001523
02:22:15.840 --> 02:22:17.960
PAGCOR Chairman and CEO Alejandro H. Tengco: running into billions

asr-001524
02:22:17.960 --> 02:22:20.080
PAGCOR Chairman and CEO Alejandro H. Tengco: of pesos. So,

asr-001525
02:22:20.080 --> 02:22:22.000
PAGCOR Chairman and CEO Alejandro H. Tengco: what will happen,

asr-001526
02:22:22.000 --> 02:22:24.040
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, kung ano man po

asr-001527
02:22:24.040 --> 02:22:25.960
PAGCOR Chairman and CEO Alejandro H. Tengco: yung matitira dun,

asr-001528
02:22:25.960 --> 02:22:28.800
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pinagbentahan,

asr-001529
02:22:28.800 --> 02:22:29.960
PAGCOR Chairman and CEO Alejandro H. Tengco: yung po ay

asr-001530
02:22:29.960 --> 02:22:31.840
PAGCOR Chairman and CEO Alejandro H. Tengco: kalahati po nun, i-remit muli

asr-001531
02:22:31.840 --> 02:22:34.280
PAGCOR Chairman and CEO Alejandro H. Tengco: ng PAGCOR

asr-001532
02:22:34.280 --> 02:22:36.160
PAGCOR Chairman and CEO Alejandro H. Tengco: sa National Treasury.

asr-001533
02:22:36.160 --> 02:22:39.000
Rep. Iris Marie Demesa Montes: Meaning, PhilHealth

asr-001534
02:22:39.000 --> 02:22:40.571
Rep. Iris Marie Demesa Montes: will still get the 50%.

asr-001535
02:22:40.571 --> 02:22:41.600
PAGCOR Chairman and CEO Alejandro H. Tengco: Definitely.

asr-001536
02:22:41.600 --> 02:22:43.280
Rep. Iris Marie Demesa Montes: Maraming maraming salamat po.

asr-001537
02:22:43.280 --> 02:22:45.880
Rep. Iris Marie Demesa Montes: Moving on to my next question, Madam Chair,

asr-001538
02:22:45.880 --> 02:22:47.399
Rep. Iris Marie Demesa Montes: nabanggit na po kanina,

asr-001539
02:22:47.399 --> 02:22:49.720
Rep. Iris Marie Demesa Montes: I remember, I heard,

asr-001540
02:22:49.720 --> 02:22:52.439
Rep. Iris Marie Demesa Montes: meron ka pong pronouncement before

asr-001541
02:22:52.439 --> 02:22:55.000
Rep. Iris Marie Demesa Montes: na parang

asr-001542
02:22:55.000 --> 02:22:58.040
Rep. Iris Marie Demesa Montes: PAGCOR launched,

asr-001543
02:22:58.040 --> 02:22:59.040
Rep. Iris Marie Demesa Montes: the agency

asr-001544
02:22:59.040 --> 02:23:00.640
Rep. Iris Marie Demesa Montes: launched a new

asr-001545
02:23:00.640 --> 02:23:03.280
Rep. Iris Marie Demesa Montes: flagship project.

asr-001546
02:23:03.280 --> 02:23:04.720
Rep. Iris Marie Demesa Montes: At kasama po dito yung

asr-001547
02:23:04.720 --> 02:23:07.040
Rep. Iris Marie Demesa Montes: school buildings, yung e-learning

asr-001548
02:23:07.040 --> 02:23:09.319
Rep. Iris Marie Demesa Montes: centers, community wellness centers,

asr-001549
02:23:09.319 --> 02:23:11.640
Rep. Iris Marie Demesa Montes: and social civic centers,

asr-001550
02:23:11.640 --> 02:23:13.359
Rep. Iris Marie Demesa Montes: parang evacuation centers.

asr-001551
02:23:13.359 --> 02:23:15.600
Rep. Iris Marie Demesa Montes: Is that part of the JMC

asr-001552
02:23:15.600 --> 02:23:17.359
Rep. Iris Marie Demesa Montes: 01 series of 2024

asr-001553
02:23:17.359 --> 02:23:19.160
Rep. Iris Marie Demesa Montes: memorandum po ninyo?

asr-001554
02:23:19.160 --> 02:23:21.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo. Nagkaroon na po

asr-001555
02:23:21.000 --> 02:23:22.840
PAGCOR Chairman and CEO Alejandro H. Tengco: ng malaking

asr-001556
02:23:22.840 --> 02:23:25.319
PAGCOR Chairman and CEO Alejandro H. Tengco: pagbabago sa kadahilan

asr-001557
02:23:25.319 --> 02:23:26.319
PAGCOR Chairman and CEO Alejandro H. Tengco: ng Your Honor,

asr-001558
02:23:26.319 --> 02:23:28.560
PAGCOR Chairman and CEO Alejandro H. Tengco: na kami po ay pinakiusapan

asr-001559
02:23:28.560 --> 02:23:30.120
PAGCOR Chairman and CEO Alejandro H. Tengco: ng administrasyon

asr-001560
02:23:30.120 --> 02:23:32.120
PAGCOR Chairman and CEO Alejandro H. Tengco: na tumulong sa

asr-001561
02:23:32.120 --> 02:23:34.840
PAGCOR Chairman and CEO Alejandro H. Tengco: pagpapatayo ng mga classrooms.

asr-001562
02:23:34.840 --> 02:23:37.240
PAGCOR Chairman and CEO Alejandro H. Tengco: So, we realigned

asr-001563
02:23:37.240 --> 02:23:39.319
PAGCOR Chairman and CEO Alejandro H. Tengco: our budget

asr-001564
02:23:39.319 --> 02:23:41.240
PAGCOR Chairman and CEO Alejandro H. Tengco: for

asr-001565
02:23:41.240 --> 02:23:42.160
PAGCOR Chairman and CEO Alejandro H. Tengco: the said infrastructure

asr-001566
02:23:42.160 --> 02:23:44.439
PAGCOR Chairman and CEO Alejandro H. Tengco: projects like

asr-001567
02:23:44.439 --> 02:23:47.000
PAGCOR Chairman and CEO Alejandro H. Tengco: community wellness centers,

asr-001568
02:23:47.000 --> 02:23:49.120
PAGCOR Chairman and CEO Alejandro H. Tengco: evacuation centers,

asr-001569
02:23:49.120 --> 02:23:50.520
PAGCOR Chairman and CEO Alejandro H. Tengco: e-libraries,

asr-001570
02:23:50.520 --> 02:23:51.800
PAGCOR Chairman and CEO Alejandro H. Tengco: yun po ngayon,

asr-001571
02:23:51.800 --> 02:23:54.920
PAGCOR Chairman and CEO Alejandro H. Tengco: ay realign na namin para po

asr-001572
02:23:54.920 --> 02:23:55.840
PAGCOR Chairman and CEO Alejandro H. Tengco: maipatupad na ito.

asr-001573
02:23:55.840 --> 02:23:58.080
PAGCOR Chairman and CEO Alejandro H. Tengco: Itong 125

asr-001574
02:23:58.080 --> 02:24:00.439
PAGCOR Chairman and CEO Alejandro H. Tengco: school building construction.

asr-001575
02:24:00.439 --> 02:24:02.240
PAGCOR Chairman and CEO Alejandro H. Tengco: At dito po nakatoon

asr-001576
02:24:02.240 --> 02:24:04.600
PAGCOR Chairman and CEO Alejandro H. Tengco: ang lahat ng resources ng

asr-001577
02:24:04.600 --> 02:24:06.279
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR sa pangkasalukuyan.

asr-001578
02:24:06.279 --> 02:24:08.080
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa paniniwala pong

asr-001579
02:24:08.080 --> 02:24:09.840
PAGCOR Chairman and CEO Alejandro H. Tengco: una, makatutulong tayo

asr-001580
02:24:09.840 --> 02:24:12.520
PAGCOR Chairman and CEO Alejandro H. Tengco: sa backlog ng pagpagre-reduce

asr-001581
02:24:12.520 --> 02:24:13.760
PAGCOR Chairman and CEO Alejandro H. Tengco: o pag-mimitigate

asr-001582
02:24:13.760 --> 02:24:15.600
PAGCOR Chairman and CEO Alejandro H. Tengco: yung backlog natin ng classroom.

asr-001583
02:24:15.600 --> 02:24:18.319
PAGCOR Chairman and CEO Alejandro H. Tengco: At more important, ito po ay

asr-001584
02:24:18.319 --> 02:24:20.000
PAGCOR Chairman and CEO Alejandro H. Tengco: talagang sa kinabukasan

asr-001585
02:24:20.000 --> 02:24:22.439
PAGCOR Chairman and CEO Alejandro H. Tengco: na rin ng ating mga kabataan.

asr-001586
02:24:22.439 --> 02:24:23.960
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil

asr-001587
02:24:23.960 --> 02:24:25.960
PAGCOR Chairman and CEO Alejandro H. Tengco: more classrooms would mean

asr-001588
02:24:25.960 --> 02:24:27.520
PAGCOR Chairman and CEO Alejandro H. Tengco: better education

asr-001589
02:24:27.520 --> 02:24:31.560
PAGCOR Chairman and CEO Alejandro H. Tengco: to our youth.

asr-001590
02:24:31.560 --> 02:24:32.640
PAGCOR Chairman and CEO Alejandro H. Tengco: So, yun lang po.

asr-001591
02:24:32.640 --> 02:24:35.520
Rep. Iris Marie Demesa Montes: So, after po na ma-realize natin

asr-001592
02:24:35.520 --> 02:24:37.439
Rep. Iris Marie Demesa Montes: itong almost 8 billion na

asr-001593
02:24:37.439 --> 02:24:39.760
Rep. Iris Marie Demesa Montes: school building at makakonstruct

asr-001594
02:24:39.760 --> 02:24:41.279
Rep. Iris Marie Demesa Montes: ng

asr-001595
02:24:41.279 --> 02:24:43.160
Rep. Iris Marie Demesa Montes: 125 po ba

asr-001596
02:24:43.160 --> 02:24:45.319
Rep. Iris Marie Demesa Montes: na sites and

asr-001597
02:24:45.319 --> 02:24:47.920
Rep. Iris Marie Demesa Montes: 1,500 classrooms,

asr-001598
02:24:47.920 --> 02:24:50.880
Rep. Iris Marie Demesa Montes: pwede po ba natin uli

asr-001599
02:24:50.880 --> 02:24:51.800
Rep. Iris Marie Demesa Montes: makonsider yung funding

asr-001600
02:24:51.800 --> 02:24:53.720
Rep. Iris Marie Demesa Montes: for those projects

asr-001601
02:24:53.720 --> 02:24:55.640
Rep. Iris Marie Demesa Montes: that you supposedly prioritize?

asr-001602
02:24:55.640 --> 02:24:57.720
Rep. Iris Marie Demesa Montes: Under the joint memorandum

asr-001603
02:24:57.720 --> 02:24:59.840
Rep. Iris Marie Demesa Montes: katulad po ng mga wellness centers

asr-001604
02:24:59.840 --> 02:25:02.080
Rep. Iris Marie Demesa Montes: and evacuation centers.

asr-001605
02:25:02.080 --> 02:25:04.040
Rep. Iris Marie Demesa Montes: Nasa pipeline pa po ba rin

asr-001606
02:25:04.040 --> 02:25:06.800
Rep. Iris Marie Demesa Montes: yan ng PAGCOR?

asr-001607
02:25:06.800 --> 02:25:07.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

asr-001608
02:25:07.560 --> 02:25:09.640
PAGCOR Chairman and CEO Alejandro H. Tengco: I believe it is very

asr-001609
02:25:09.640 --> 02:25:11.920
PAGCOR Chairman and CEO Alejandro H. Tengco: possible.

asr-001610
02:25:11.920 --> 02:25:14.200
PAGCOR Chairman and CEO Alejandro H. Tengco: Matapos lang po itong unang batch

asr-001611
02:25:14.200 --> 02:25:16.920
PAGCOR Chairman and CEO Alejandro H. Tengco: unless pakikiusapan na naman tayong

asr-001612
02:25:16.920 --> 02:25:17.680
PAGCOR Chairman and CEO Alejandro H. Tengco: dagdagan yung

asr-001613
02:25:17.680 --> 02:25:20.960
PAGCOR Chairman and CEO Alejandro H. Tengco: 125 school buildings.

asr-001614
02:25:20.960 --> 02:25:22.720
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero naniniwala po ako

asr-001615
02:25:22.720 --> 02:25:24.479
PAGCOR Chairman and CEO Alejandro H. Tengco: na nag-uumpisa na po

asr-001616
02:25:24.479 --> 02:25:26.479
PAGCOR Chairman and CEO Alejandro H. Tengco: yung proseso sa pangkasalukuyan.

asr-001617
02:25:26.479 --> 02:25:27.800
PAGCOR Chairman and CEO Alejandro H. Tengco: Doon sa procurement

asr-001618
02:25:27.800 --> 02:25:30.319
PAGCOR Chairman and CEO Alejandro H. Tengco: ng pagpapagawa nito

asr-001619
02:25:30.319 --> 02:25:31.600
PAGCOR Chairman and CEO Alejandro H. Tengco: mga swelahang ito,

asr-001620
02:25:31.600 --> 02:25:33.359
PAGCOR Chairman and CEO Alejandro H. Tengco: naniniwala po ako

asr-001621
02:25:33.359 --> 02:25:36.439
PAGCOR Chairman and CEO Alejandro H. Tengco: na matatapos po ang karamihan ito

asr-001622
02:25:36.439 --> 02:25:37.840
PAGCOR Chairman and CEO Alejandro H. Tengco: sa katapusan ng

asr-001623
02:25:37.840 --> 02:25:39.120
PAGCOR Chairman and CEO Alejandro H. Tengco: 2027.

asr-001624
02:25:39.120 --> 02:25:41.680
PAGCOR Chairman and CEO Alejandro H. Tengco: So, baka po malaki ang

asr-001625
02:25:41.680 --> 02:25:43.760
PAGCOR Chairman and CEO Alejandro H. Tengco: posibilidad sa kasagutan

asr-001626
02:25:43.760 --> 02:25:45.680
PAGCOR Chairman and CEO Alejandro H. Tengco: sa inyong katanungan

asr-001627
02:25:45.680 --> 02:25:47.319
PAGCOR Chairman and CEO Alejandro H. Tengco: na sa 2028

asr-001628
02:25:47.319 --> 02:25:50.760
PAGCOR Chairman and CEO Alejandro H. Tengco: ay mag-rebalance kami.

asr-001629
02:25:50.760 --> 02:25:51.680
PAGCOR Chairman and CEO Alejandro H. Tengco: I think that will be

asr-001630
02:25:51.680 --> 02:25:53.569
PAGCOR Chairman and CEO Alejandro H. Tengco: a better term.

asr-001631
02:25:53.569 --> 02:25:54.479
PAGCOR Chairman and CEO Alejandro H. Tengco: Tutal,

asr-001632
02:25:54.479 --> 02:25:55.520
PAGCOR Chairman and CEO Alejandro H. Tengco: na-achieve na natin.

asr-001633
02:25:55.520 --> 02:26:00.439
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung pagpapatayo ng

asr-001634
02:26:00.439 --> 02:26:01.560
PAGCOR Chairman and CEO Alejandro H. Tengco: 1,500 classrooms,

asr-001635
02:26:01.560 --> 02:26:04.120
PAGCOR Chairman and CEO Alejandro H. Tengco: eh, baka sa 2028,

asr-001636
02:26:04.120 --> 02:26:05.640
PAGCOR Chairman and CEO Alejandro H. Tengco: nandun pa naman hopefully

asr-001637
02:26:05.640 --> 02:26:07.040
PAGCOR Chairman and CEO Alejandro H. Tengco: ang inyong lingkod

asr-001638
02:26:07.040 --> 02:26:08.880
PAGCOR Chairman and CEO Alejandro H. Tengco: bilang chairman and CEO,

asr-001639
02:26:08.880 --> 02:26:10.960
PAGCOR Chairman and CEO Alejandro H. Tengco: ay makapag-rebalance

asr-001640
02:26:10.960 --> 02:26:13.760
PAGCOR Chairman and CEO Alejandro H. Tengco: para nang sa ganon,

asr-001641
02:26:13.760 --> 02:26:15.000
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi na ganong karaming

asr-001642
02:26:15.000 --> 02:26:17.000
PAGCOR Chairman and CEO Alejandro H. Tengco: classrooms ang itatayo,

asr-001643
02:26:17.000 --> 02:26:19.160
PAGCOR Chairman and CEO Alejandro H. Tengco: ipagpatuloy na yung mga

asr-001644
02:26:19.160 --> 02:26:21.240
PAGCOR Chairman and CEO Alejandro H. Tengco: dating prioridad tulad ng

asr-001645
02:26:21.240 --> 02:26:23.760
PAGCOR Chairman and CEO Alejandro H. Tengco: evacuation center,

asr-001646
02:26:23.760 --> 02:26:24.720
PAGCOR Chairman and CEO Alejandro H. Tengco: e-libraries,

asr-001647
02:26:24.720 --> 02:26:26.680
PAGCOR Chairman and CEO Alejandro H. Tengco: tsaka wellness center.

asr-001648
02:26:26.680 --> 02:26:28.359
Rep. Iris Marie Demesa Montes: Thank you, Chair Al.

asr-001649
02:26:28.359 --> 02:26:29.520
Rep. Iris Marie Demesa Montes: That's exactly the point

asr-001650
02:26:29.520 --> 02:26:31.920
Rep. Iris Marie Demesa Montes: I was trying to get to.

asr-001651
02:26:31.920 --> 02:26:33.880
Rep. Iris Marie Demesa Montes: In the event na

asr-001652
02:26:33.880 --> 02:26:34.479
Rep. Iris Marie Demesa Montes: podohan na natin,

asr-001653
02:26:34.479 --> 02:26:36.600
Rep. Iris Marie Demesa Montes: maybe it would be

asr-001654
02:26:36.600 --> 02:26:39.439
Rep. Iris Marie Demesa Montes: time naman to

asr-001655
02:26:39.439 --> 02:26:42.080
Rep. Iris Marie Demesa Montes: do a balancing

asr-001656
02:26:42.080 --> 02:26:43.000
Rep. Iris Marie Demesa Montes: decision naman

asr-001657
02:26:43.000 --> 02:26:45.880
Rep. Iris Marie Demesa Montes: para hindi naman nalileft out

asr-001658
02:26:45.880 --> 02:26:47.760
Rep. Iris Marie Demesa Montes: other equally important

asr-001659
02:26:47.760 --> 02:26:49.800
Rep. Iris Marie Demesa Montes: projects that can be funded

asr-001660
02:26:49.800 --> 02:26:51.439
Rep. Iris Marie Demesa Montes: out of PAGCOR income.

asr-001661
02:26:51.439 --> 02:26:52.920
Rep. Iris Marie Demesa Montes: Yun lamang po, Madam Chair.

asr-001662
02:26:52.920 --> 02:26:54.760
Rep. Iris Marie Demesa Montes: Maraming salamat, Chair Al.

asr-001663
02:26:54.760 --> 02:26:56.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Maraming salamat,

asr-001664
02:26:56.000 --> 02:26:58.080
PAGCOR Chairman and CEO Alejandro H. Tengco: I love your honor sa pagkakataon.

asr-001665
02:26:58.080 --> 02:27:00.520
PAGCOR Chairman and CEO Alejandro H. Tengco: Makapagpaliwanag ako sa pagsagot

asr-001666
02:27:00.520 --> 02:27:03.479
PAGCOR Chairman and CEO Alejandro H. Tengco: sa inyong mga katanungan.

asr-001667
02:27:03.479 --> 02:27:04.800
Rep. Iris Marie Demesa Montes: Thank you, Chair Al.

asr-001668
02:27:04.800 --> 02:27:06.600
Rep. Mikaela Angela B. Suansing: Thank you, Representative Montes.

asr-001669
02:27:06.600 --> 02:27:07.479
Rep. Mikaela Angela B. Suansing: We'll now move to our next

asr-001670
02:27:07.479 --> 02:27:09.560
Rep. Mikaela Angela B. Suansing: interpellator from the majority,

asr-001671
02:27:09.560 --> 02:27:11.040
Rep. Mikaela Angela B. Suansing: Representative Jan

asr-001672
02:27:11.040 --> 02:27:12.000
Rep. Mikaela Angela B. Suansing: Atty. JP Padiernos.

asr-001673
02:27:12.000 --> 02:27:12.960
Rep. Jan "Atty. JP" Padiernos: Thank you, Madam Chair.

asr-001674
02:27:12.960 --> 02:27:16.680
Rep. Jan "Atty. JP" Padiernos: Good morning to our PAGCOR family

asr-001675
02:27:16.680 --> 02:27:19.279
Rep. Jan "Atty. JP" Padiernos: headed by Chairman Alejandro Tengco,

asr-001676
02:27:19.279 --> 02:27:23.600
Rep. Jan "Atty. JP" Padiernos: and also special mention

asr-001677
02:27:23.600 --> 02:27:25.365
Rep. Jan "Atty. JP" Padiernos: to our former Congresswoman

asr-001678
02:27:25.365 --> 02:27:26.600
Rep. Jan "Atty. JP" Padiernos: again,

asr-001679
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.

asr-001680
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.

asr-001681
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.

asr-001682
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.

asr-001683
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.

asr-001684
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?

asr-001685
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?

asr-001686
02:28:41.640 --> 02:28:46.040
Rep. Jan "Atty. JP" Padiernos: Maximizing privatization proceeds or protecting existing jobs?

asr-001687
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?

asr-001688
02:28:51.479 --> 02:28:52.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Okay.

asr-001689
02:28:52.840 --> 02:29:00.279
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po sa inyong katanungan, Congressman Padiernos.

asr-001690
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.

asr-001691
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.

asr-001692
02:29:24.224 --> 02:29:26.080
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa 452 billion piso.

asr-001693
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,

asr-001694
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.

asr-001695
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

asr-001696
02:29:47.359 --> 02:29:55.560
PAGCOR Chairman and CEO Alejandro H. Tengco: para lamang sa ilan libong mga tao compared to...

asr-001697
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

asr-001698
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

asr-001699
02:30:07.920 --> 02:30:12.920
PAGCOR Chairman and CEO Alejandro H. Tengco: at makatulong ito sa mas marami nating kababayan.

asr-001700
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,

asr-001701
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.

asr-001702
02:30:27.040 --> 02:30:32.200
PAGCOR Chairman and CEO Alejandro H. Tengco: Dagdag dun sa sagot ko sa inyong katanungan kanina,

asr-001703
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.

asr-001704
02:30:39.439 --> 02:30:43.120
PAGCOR Chairman and CEO Alejandro H. Tengco: Itong tinatawag na decoupling privatization.

asr-001705
02:30:43.120 --> 02:30:48.439
PAGCOR Chairman and CEO Alejandro H. Tengco: So una, bibigyan po natin ng regular retirement.

asr-001706
02:30:48.439 --> 02:30:49.600
PAGCOR Chairman and CEO Alejandro H. Tengco: Package.

asr-001707
02:30:49.600 --> 02:30:54.920
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero higit doon, sapagkat nagiging involuntary ang kanilang retirement.

asr-001708
02:30:54.920 --> 02:30:57.040
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi naman po nila kagustuhan eh.

asr-001709
02:30:57.040 --> 02:31:01.200
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito po ay naganap dahil sa pagkakataon.

asr-001710
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

asr-001711
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

asr-001712
02:31:15.319 --> 02:31:17.640
PAGCOR Chairman and CEO Alejandro H. Tengco: ah

asr-001713
02:31:17.640 --> 02:31:18.600
PAGCOR Chairman and CEO Alejandro H. Tengco: matatanggap

asr-001714
02:31:18.600 --> 02:31:18.880
PAGCOR Chairman and CEO Alejandro H. Tengco: na

asr-001715
02:31:18.880 --> 02:31:19.760
PAGCOR Chairman and CEO Alejandro H. Tengco: bayad

asr-001716
02:31:19.760 --> 02:31:27.640
PAGCOR Chairman and CEO Alejandro H. Tengco: sapagkat sila ay nagkaroon ng involuntary retirement.

asr-001717
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

asr-001718
02:31:34.399 --> 02:31:36.640
PAGCOR Chairman and CEO Alejandro H. Tengco: kung sakaling may bibili,

asr-001719
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

asr-001720
02:31:42.640 --> 02:31:46.240
PAGCOR Chairman and CEO Alejandro H. Tengco: to absorb whoever they can absorb.

asr-001721
02:31:46.240 --> 02:31:48.479
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil alam naman natin,

asr-001722
02:31:48.479 --> 02:31:52.359
PAGCOR Chairman and CEO Alejandro H. Tengco: wala naman kasinong gusto magsara kahit isang minuto.

asr-001723
02:31:52.359 --> 02:31:57.319
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya on the basis of continuity of business,

asr-001725
02:31:57.319 --> 02:32:02.520
PAGCOR Chairman and CEO Alejandro H. Tengco: the most logical on new terms with the employees,

asr-001727
02:32:02.520 --> 02:32:04.720
PAGCOR Chairman and CEO Alejandro H. Tengco: mag-absorb sila

asr-001728
02:32:04.720 --> 02:32:08.960
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mas marami, mas maigi para sa PAGCOR.

asr-001729
02:32:08.960 --> 02:32:10.399
PAGCOR Chairman and CEO Alejandro H. Tengco: Aside from that,

asr-001730
02:32:10.399 --> 02:32:16.080
PAGCOR Chairman and CEO Alejandro H. Tengco: we have already started to implement programs

asr-001731
02:32:16.080 --> 02:32:17.200
PAGCOR Chairman and CEO Alejandro H. Tengco: at

asr-001732
02:32:17.200 --> 02:32:18.974
PAGCOR Chairman and CEO Alejandro H. Tengco: if you do not mind,

asr-001733
02:32:18.974 --> 02:32:20.399
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman Padiernos,

asr-001734
02:32:20.399 --> 02:32:21.359
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

asr-001735
02:32:21.359 --> 02:32:25.996
PAGCOR Chairman and CEO Alejandro H. Tengco: I could ask our Vice President for Human Resources

asr-001736
02:32:25.996 --> 02:32:27.760
PAGCOR Chairman and CEO Alejandro H. Tengco: to already

asr-001737
02:32:27.760 --> 02:32:28.972
PAGCOR Chairman and CEO Alejandro H. Tengco: ah

asr-001738
02:32:28.972 --> 02:32:31.105
PAGCOR Chairman and CEO Alejandro H. Tengco: state what programs

asr-001739
02:32:31.105 --> 02:32:33.479
PAGCOR Chairman and CEO Alejandro H. Tengco: we're already doing para

asr-001740
02:32:33.479 --> 02:32:35.160
PAGCOR Chairman and CEO Alejandro H. Tengco: ma-mitigate po yung mga anxiety

asr-001741
02:32:35.160 --> 02:32:38.720
PAGCOR Chairman and CEO Alejandro H. Tengco: at yung mga nakikita natin magiging problema

asr-001742
02:32:38.720 --> 02:32:43.720
PAGCOR Chairman and CEO Alejandro H. Tengco: dito sa ating mga empleyadong tatamaan ng

asr-001743
02:32:43.720 --> 02:32:46.800
PAGCOR Chairman and CEO Alejandro H. Tengco: privatization or decoupling na ito.

asr-001744
02:32:46.800 --> 02:32:48.600
PAGCOR Chairman and CEO Alejandro H. Tengco: Gusto ko pong

asr-001745
02:32:48.600 --> 02:32:50.560
PAGCOR Chairman and CEO Alejandro H. Tengco: bigyan ng DIN

asr-001746
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

asr-001747
02:32:54.680 --> 02:32:56.479
PAGCOR Chairman and CEO Alejandro H. Tengco: ang mabigyan ng proteksyon

asr-001748
02:32:56.479 --> 02:32:58.520
PAGCOR Chairman and CEO Alejandro H. Tengco: ang ating mga empleyado

asr-001749
02:32:58.520 --> 02:33:00.240
PAGCOR Chairman and CEO Alejandro H. Tengco: before privatization.

asr-001750
02:33:00.240 --> 02:33:03.040
PAGCOR Chairman and CEO Alejandro H. Tengco: So, with your permission,

asr-001751
02:33:03.040 --> 02:33:04.760
PAGCOR Chairman and CEO Alejandro H. Tengco: maybe ah

asr-001752
02:33:04.760 --> 02:33:06.240
PAGCOR Chairman and CEO Alejandro H. Tengco: I can ask

asr-001753
02:33:06.240 --> 02:33:08.399
PAGCOR Chairman and CEO Alejandro H. Tengco: Vice President for HR

asr-001754
02:33:08.399 --> 02:33:09.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Lito Domingo

asr-001755
02:33:09.840 --> 02:33:12.880
PAGCOR Chairman and CEO Alejandro H. Tengco: to just mention a few of the things

asr-001756
02:33:12.880 --> 02:33:14.640
PAGCOR Chairman and CEO Alejandro H. Tengco: that we're already doing

asr-001757
02:33:14.640 --> 02:33:16.520
PAGCOR Chairman and CEO Alejandro H. Tengco: to mitigate the

asr-001758
02:33:16.520 --> 02:33:18.920
PAGCOR Chairman and CEO Alejandro H. Tengco: anxiety and the

asr-001759
02:33:18.920 --> 02:33:20.080
PAGCOR Chairman and CEO Alejandro H. Tengco: whatever

asr-001760
02:33:20.080 --> 02:33:22.359
PAGCOR Chairman and CEO Alejandro H. Tengco: thoughts there are with these

asr-001761
02:33:22.359 --> 02:33:24.840
PAGCOR Chairman and CEO Alejandro H. Tengco: employees who will be affected.

asr-001762
02:33:24.840 --> 02:33:28.160
PAGCOR Chairman and CEO Alejandro H. Tengco: Si Vice President Lito Domingo po.

asr-001763
02:33:28.160 --> 02:33:30.359
PAGCOR Vice President Angelito De Jesus Domingo: Magandang umaga po, Congressman Padiernos.

asr-001764
02:33:30.359 --> 02:33:31.920
PAGCOR Vice President Angelito De Jesus Domingo: Ma'am, good morning po.

asr-001765
02:33:31.920 --> 02:33:34.000
PAGCOR Vice President Angelito De Jesus Domingo: Just to give you an overview

asr-001766
02:33:34.000 --> 02:33:37.240
PAGCOR Vice President Angelito De Jesus Domingo: of the different training initiatives,

asr-001767
02:33:37.240 --> 02:33:38.399
PAGCOR Vice President Angelito De Jesus Domingo: we have four different

asr-001768
02:33:38.399 --> 02:33:40.319
PAGCOR Vice President Angelito De Jesus Domingo: categories in the training initiative

asr-001769
02:33:40.319 --> 02:33:42.359
PAGCOR Vice President Angelito De Jesus Domingo: from management training,

asr-001770
02:33:42.359 --> 02:33:44.240
PAGCOR Vice President Angelito De Jesus Domingo: self-development,

asr-001771
02:33:44.240 --> 02:33:46.279
PAGCOR Vice President Angelito De Jesus Domingo: personality development,

asr-001772
02:33:46.279 --> 02:33:48.120
PAGCOR Vice President Angelito De Jesus Domingo: and amongst these programs,

asr-001773
02:33:48.120 --> 02:33:51.240
PAGCOR Vice President Angelito De Jesus Domingo: we have already concluded, as of date,

asr-001774
02:33:51.240 --> 02:33:52.319
PAGCOR Vice President Angelito De Jesus Domingo: including November

asr-001775
02:33:52.319 --> 02:33:54.200
PAGCOR Vice President Angelito De Jesus Domingo: of last year, 5,000

asr-001776
02:33:54.200 --> 02:33:56.640
PAGCOR Vice President Angelito De Jesus Domingo: training initiatives for

asr-001777
02:33:56.640 --> 02:33:58.240
PAGCOR Vice President Angelito De Jesus Domingo: individuals. Yan po yung

asr-001778
02:33:58.240 --> 02:34:00.080
PAGCOR Vice President Angelito De Jesus Domingo: actual graduates natin.

asr-001779
02:34:00.080 --> 02:34:02.160
PAGCOR Vice President Angelito De Jesus Domingo: From as short as a two or three-day

asr-001780
02:34:02.160 --> 02:34:04.359
PAGCOR Vice President Angelito De Jesus Domingo: program in-house, we

asr-001781
02:34:04.359 --> 02:34:06.279
PAGCOR Vice President Angelito De Jesus Domingo: proceed to a four or five-day

asr-001782
02:34:06.279 --> 02:34:09.160
PAGCOR Vice President Angelito De Jesus Domingo: program. Aside from that po,

asr-001783
02:34:09.160 --> 02:34:10.319
PAGCOR Vice President Angelito De Jesus Domingo: we also are

asr-001784
02:34:10.319 --> 02:34:12.399
PAGCOR Vice President Angelito De Jesus Domingo: proceeding with other gaming-related

asr-001785
02:34:12.399 --> 02:34:14.240
PAGCOR Vice President Angelito De Jesus Domingo: training initiatives, as mentioned by

asr-001786
02:34:14.240 --> 02:34:16.359
PAGCOR Vice President Angelito De Jesus Domingo: our chairman, especially

asr-001787
02:34:16.359 --> 02:34:18.279
PAGCOR Vice President Angelito De Jesus Domingo: as we move forward towards more

asr-001788
02:34:18.279 --> 02:34:20.920
PAGCOR Vice President Angelito De Jesus Domingo: technologically advanced

asr-001789
02:34:20.920 --> 02:34:23.399
PAGCOR Vice President Angelito De Jesus Domingo: gaming programs.

asr-001790
02:34:23.399 --> 02:34:25.080
PAGCOR Vice President Angelito De Jesus Domingo: Uumpisahan na po yan.

asr-001791
02:34:25.080 --> 02:34:25.960
PAGCOR Vice President Angelito De Jesus Domingo: Meron po kaming

asr-001792
02:34:25.960 --> 02:34:28.359
PAGCOR Vice President Angelito De Jesus Domingo: ginagawang expanded and specialized

asr-001793
02:34:28.359 --> 02:34:30.319
PAGCOR Vice President Angelito De Jesus Domingo: training. Ano po ito?

asr-001794
02:34:30.319 --> 02:34:32.279
PAGCOR Vice President Angelito De Jesus Domingo: Halimbawa po kayo ay

asr-001795
02:34:32.279 --> 02:34:35.200
PAGCOR Vice President Angelito De Jesus Domingo: dealer, magkakaroon po ng

asr-001796
02:34:35.200 --> 02:34:36.479
PAGCOR Vice President Angelito De Jesus Domingo: cross-training for slot machine

asr-001797
02:34:36.479 --> 02:34:38.160
PAGCOR Vice President Angelito De Jesus Domingo: so that your

asr-001798
02:34:38.160 --> 02:34:40.359
PAGCOR Vice President Angelito De Jesus Domingo: competency to be employed

asr-001799
02:34:40.359 --> 02:34:42.479
PAGCOR Vice President Angelito De Jesus Domingo: in the IRs

asr-001800
02:34:42.479 --> 02:34:44.080
PAGCOR Vice President Angelito De Jesus Domingo: or the acquiring entity

asr-001801
02:34:44.080 --> 02:34:46.240
PAGCOR Vice President Angelito De Jesus Domingo: is enhanced. Finally po,

asr-001802
02:34:46.240 --> 02:34:48.560
PAGCOR Vice President Angelito De Jesus Domingo: we also have initiated,

asr-001803
02:34:48.560 --> 02:34:50.319
PAGCOR Vice President Angelito De Jesus Domingo: as mentioned by our chairman

asr-001804
02:34:50.319 --> 02:34:52.160
PAGCOR Vice President Angelito De Jesus Domingo: again, yung pong alignment namin

asr-001805
02:34:52.160 --> 02:34:54.279
PAGCOR Vice President Angelito De Jesus Domingo: with the civil service. This is

asr-001806
02:34:54.279 --> 02:34:56.399
PAGCOR Vice President Angelito De Jesus Domingo: ongoing. We

asr-001807
02:34:56.399 --> 02:34:58.160
PAGCOR Vice President Angelito De Jesus Domingo: in fact proceeded with the

asr-001808
02:34:58.160 --> 02:35:00.520
PAGCOR Vice President Angelito De Jesus Domingo: initial training of about

asr-001809
02:35:00.520 --> 02:35:03.160
PAGCOR Vice President Angelito De Jesus Domingo: 80 to 100 people

asr-001810
02:35:03.160 --> 02:35:04.120
PAGCOR Vice President Angelito De Jesus Domingo: just the past two

asr-001811
02:35:04.120 --> 02:35:06.200
PAGCOR Vice President Angelito De Jesus Domingo: months. Almost 12 of

asr-001812
02:35:06.200 --> 02:35:08.160
PAGCOR Vice President Angelito De Jesus Domingo: them were registered for an exam. We

asr-001813
02:35:08.160 --> 02:35:10.080
PAGCOR Vice President Angelito De Jesus Domingo: are requesting for

asr-001814
02:35:10.080 --> 02:35:12.240
PAGCOR Vice President Angelito De Jesus Domingo: an additional exemption

asr-001815
02:35:12.240 --> 02:35:14.520
PAGCOR Vice President Angelito De Jesus Domingo: to do the online exam.

asr-001816
02:35:14.520 --> 02:35:16.439
PAGCOR Vice President Angelito De Jesus Domingo: Ito po ay isang mitigation. May

asr-001817
02:35:16.439 --> 02:35:18.399
PAGCOR Vice President Angelito De Jesus Domingo: measure so that they can be employed

asr-001818
02:35:18.399 --> 02:35:21.279
PAGCOR Vice President Angelito De Jesus Domingo: in other government agencies.

asr-001819
02:35:21.279 --> 02:35:22.439
PAGCOR Vice President Angelito De Jesus Domingo: We are also working

asr-001820
02:35:22.439 --> 02:35:24.800
PAGCOR Vice President Angelito De Jesus Domingo: on a special

asr-001821
02:35:24.800 --> 02:35:26.399
PAGCOR Vice President Angelito De Jesus Domingo: in-house

asr-001822
02:35:26.399 --> 02:35:28.279
PAGCOR Vice President Angelito De Jesus Domingo: program where CSE will give us

asr-001823
02:35:28.279 --> 02:35:30.240
PAGCOR Vice President Angelito De Jesus Domingo: all the vacancies so our employees

asr-001824
02:35:30.240 --> 02:35:32.319
PAGCOR Vice President Angelito De Jesus Domingo: can apply to other government

asr-001825
02:35:32.319 --> 02:35:34.479
PAGCOR Vice President Angelito De Jesus Domingo: entities. So continuing

asr-001826
02:35:34.479 --> 02:35:36.279
PAGCOR Vice President Angelito De Jesus Domingo: po yan, we expect to complete

asr-001827
02:35:36.279 --> 02:35:39.399
PAGCOR Vice President Angelito De Jesus Domingo: about 10,000 training

asr-001828
02:35:39.399 --> 02:35:40.319
PAGCOR Vice President Angelito De Jesus Domingo: initiatives by

asr-001829
02:35:40.319 --> 02:35:42.479
PAGCOR Vice President Angelito De Jesus Domingo: end of year and enhance further

asr-001830
02:35:42.479 --> 02:35:44.680
PAGCOR Vice President Angelito De Jesus Domingo: our CSE initiatives.

asr-001831
02:35:44.680 --> 02:35:47.520
PAGCOR Vice President Angelito De Jesus Domingo: Yun po sir. Thank you.

asr-001832
02:35:47.520 --> 02:35:49.600
Rep. Jan "Atty. JP" Padiernos: Thank you po Madam Chair.

asr-001833
02:35:49.600 --> 02:35:51.520
Rep. Jan "Atty. JP" Padiernos: At maganda pong narinig natin yun

asr-001834
02:35:51.520 --> 02:35:54.680
Rep. Jan "Atty. JP" Padiernos: sa ating butihing chairman at sa

asr-001835
02:35:54.680 --> 02:35:55.920
Rep. Jan "Atty. JP" Padiernos: PAGCOR na hindi po nila

asr-001836
02:35:55.920 --> 02:35:57.600
Rep. Jan "Atty. JP" Padiernos: papabayaan. Tama po ba

asr-001837
02:35:57.600 --> 02:36:00.479
Rep. Jan "Atty. JP" Padiernos: ang commitment nyo to help our

asr-001838
02:36:00.479 --> 02:36:01.560
Rep. Jan "Atty. JP" Padiernos: future

asr-001839
02:36:01.560 --> 02:36:03.399
Rep. Jan "Atty. JP" Padiernos: yung mga matidisplace po ng mga

asr-001840
02:36:03.399 --> 02:36:05.439
Rep. Jan "Atty. JP" Padiernos: empleyado. Pangalawa pong tanong

asr-001841
02:36:05.439 --> 02:36:07.560
Rep. Jan "Atty. JP" Padiernos: na-mention po kasi kanina.

asr-001842
02:36:07.560 --> 02:36:09.319
Rep. Jan "Atty. JP" Padiernos: Yung isa sa mga reasons po

asr-001843
02:36:09.319 --> 02:36:12.080
Rep. Jan "Atty. JP" Padiernos: yung pag-decline po ng revenue is yung

asr-001844
02:36:12.080 --> 02:36:15.359
Rep. Jan "Atty. JP" Padiernos: pag-restrict ng e-wallet.

asr-001845
02:36:15.359 --> 02:36:16.160
Rep. Jan "Atty. JP" Padiernos: And

asr-001846
02:36:16.160 --> 02:36:17.960
Rep. Jan "Atty. JP" Padiernos: so following the BSP restrictions

asr-001847
02:36:17.960 --> 02:36:19.520
Rep. Jan "Atty. JP" Padiernos: on direct gambling links in

asr-001848
02:36:19.520 --> 02:36:21.840
Rep. Jan "Atty. JP" Padiernos: e-wallets, naapektuhan ang

asr-001849
02:36:21.840 --> 02:36:23.479
Rep. Jan "Atty. JP" Padiernos: transactions ng licensed

asr-001850
02:36:23.479 --> 02:36:25.720
Rep. Jan "Atty. JP" Padiernos: e-games operators. At the

asr-001851
02:36:25.720 --> 02:36:28.080
Rep. Jan "Atty. JP" Padiernos: same time, may players na lumilipat

asr-001852
02:36:28.080 --> 02:36:29.800
Rep. Jan "Atty. JP" Padiernos: po sa third-party payment

asr-001853
02:36:29.800 --> 02:36:31.960
Rep. Jan "Atty. JP" Padiernos: channels and unauthorized

asr-001854
02:36:31.960 --> 02:36:33.640
Rep. Jan "Atty. JP" Padiernos: aggregators. This

asr-001855
02:36:33.640 --> 02:36:36.680
Rep. Jan "Atty. JP" Padiernos: creates additional risks of fraud,

asr-001856
02:36:36.680 --> 02:36:38.080
Rep. Jan "Atty. JP" Padiernos: data theft, and money laundering

asr-001857
02:36:38.080 --> 02:36:39.800
Rep. Jan "Atty. JP" Padiernos: habang nadidehado naman ang

asr-001858
02:36:39.800 --> 02:36:42.000
Rep. Jan "Atty. JP" Padiernos: mga legitimate and regulated

asr-001859
02:36:42.000 --> 02:36:43.600
Rep. Jan "Atty. JP" Padiernos: operators. Ang

asr-001860
02:36:43.600 --> 02:36:46.319
Rep. Jan "Atty. JP" Padiernos: tanong ko po ay paano po

asr-001861
02:36:46.319 --> 02:36:48.600
Rep. Jan "Atty. JP" Padiernos: balance ng PAGCOR ang

asr-001862
02:36:48.600 --> 02:36:50.200
Rep. Jan "Atty. JP" Padiernos: BSP restrictions

asr-001863
02:36:50.200 --> 02:36:52.319
Rep. Jan "Atty. JP" Padiernos: on direct e-wallet links

asr-001864
02:36:52.319 --> 02:36:53.880
Rep. Jan "Atty. JP" Padiernos: sa gambling sites

asr-001865
02:36:53.880 --> 02:36:55.600
Rep. Jan "Atty. JP" Padiernos: with the need to support legitimate

asr-001866
02:36:55.600 --> 02:36:58.439
Rep. Jan "Atty. JP" Padiernos: and regulated e-games operators.

asr-001867
02:36:58.439 --> 02:37:00.120
Rep. Jan "Atty. JP" Padiernos: Especially

asr-001868
02:37:00.120 --> 02:37:01.880
Rep. Jan "Atty. JP" Padiernos: ngayong may players na lumilipat

asr-001869
02:37:01.880 --> 02:37:03.760
Rep. Jan "Atty. JP" Padiernos: po sa mga third-party

asr-001870
02:37:03.760 --> 02:37:05.800
Rep. Jan "Atty. JP" Padiernos: payment channels at unauthorized

asr-001871
02:37:05.800 --> 02:37:08.000
Rep. Jan "Atty. JP" Padiernos: aggregators na mas exposed

asr-001872
02:37:08.000 --> 02:37:09.840
Rep. Jan "Atty. JP" Padiernos: po dito sa mga nabanggit ko kanina

asr-001873
02:37:09.840 --> 02:37:13.020
Rep. Jan "Atty. JP" Padiernos: sa fraud, data theft, and money laundering.

asr-001874
02:37:13.020 --> 02:37:14.680
Rep. Jan "Atty. JP" Padiernos: Salamat

asr-001875
02:37:14.680 --> 02:37:16.439
PAGCOR Chairman and CEO Alejandro H. Tengco: sa katanungan, Your

asr-001876
02:37:16.439 --> 02:37:19.120
PAGCOR Chairman and CEO Alejandro H. Tengco: Honor, Congressman

asr-001877
02:37:19.120 --> 02:37:20.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Padiernos. Dahil ito po

asr-001878
02:37:20.000 --> 02:37:22.399
PAGCOR Chairman and CEO Alejandro H. Tengco: yung binabanggit ko kanina

asr-001879
02:37:22.399 --> 02:37:24.080
PAGCOR Chairman and CEO Alejandro H. Tengco: pa, na

asr-001880
02:37:24.080 --> 02:37:25.800
PAGCOR Chairman and CEO Alejandro H. Tengco: ito po mga illegal operators

asr-001881
02:37:25.800 --> 02:37:27.800
PAGCOR Chairman and CEO Alejandro H. Tengco: na ito ang siyang malaking

asr-001882
02:37:27.800 --> 02:37:30.439
PAGCOR Chairman and CEO Alejandro H. Tengco: problema natin sa pangkasalukuyan.

asr-001883
02:37:30.439 --> 02:37:32.000
PAGCOR Chairman and CEO Alejandro H. Tengco: At kami

asr-001884
02:37:32.000 --> 02:37:33.760
PAGCOR Chairman and CEO Alejandro H. Tengco: po ay

asr-001885
02:37:33.760 --> 02:37:36.160
PAGCOR Chairman and CEO Alejandro H. Tengco: how we are addressing it?

asr-001886
02:37:36.160 --> 02:37:37.840
PAGCOR Chairman and CEO Alejandro H. Tengco: We are in constant

asr-001887
02:37:37.840 --> 02:37:39.800
PAGCOR Chairman and CEO Alejandro H. Tengco: dialogue with the Bangko Sentral ng

asr-001888
02:37:39.800 --> 02:37:42.240
PAGCOR Chairman and CEO Alejandro H. Tengco: Pilipinas.

asr-001889
02:37:42.240 --> 02:37:43.680
PAGCOR Chairman and CEO Alejandro H. Tengco: Kami po ay

asr-001890
02:37:43.680 --> 02:37:45.439
PAGCOR Chairman and CEO Alejandro H. Tengco: regular na nakikipag-usap at

asr-001891
02:37:45.439 --> 02:37:47.520
PAGCOR Chairman and CEO Alejandro H. Tengco: nakikipag-ugnayan sa kanila

asr-001892
02:37:47.520 --> 02:37:49.760
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mabigyan ng pansin.

asr-001893
02:37:49.760 --> 02:37:52.960
PAGCOR Chairman and CEO Alejandro H. Tengco: At doon po,

asr-001894
02:37:52.960 --> 02:37:54.120
PAGCOR Chairman and CEO Alejandro H. Tengco: naiulat na namin

asr-001895
02:37:54.120 --> 02:37:55.760
PAGCOR Chairman and CEO Alejandro H. Tengco: sa kanila kung sino

asr-001896
02:37:55.760 --> 02:37:57.880
PAGCOR Chairman and CEO Alejandro H. Tengco: yung mga illegal

asr-001897
02:37:57.880 --> 02:38:00.600
PAGCOR Chairman and CEO Alejandro H. Tengco: payment aggregators.

asr-001898
02:38:00.600 --> 02:38:02.080
PAGCOR Chairman and CEO Alejandro H. Tengco: Naiulat na po namin sa kanila

asr-001899
02:38:02.080 --> 02:38:04.120
PAGCOR Chairman and CEO Alejandro H. Tengco: kung sino yung mga

asr-001900
02:38:04.120 --> 02:38:05.720
PAGCOR Chairman and CEO Alejandro H. Tengco: illegal na mga payment

asr-001901
02:38:05.720 --> 02:38:08.399
PAGCOR Chairman and CEO Alejandro H. Tengco: apps or sometimes even

asr-001902
02:38:08.399 --> 02:38:09.920
PAGCOR Chairman and CEO Alejandro H. Tengco: legal payment

asr-001903
02:38:09.920 --> 02:38:11.650
PAGCOR Chairman and CEO Alejandro H. Tengco: apps na nagsaserve it.

asr-001904
02:38:11.650 --> 02:38:13.240
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito yung mga

asr-001905
02:38:13.240 --> 02:38:15.479
PAGCOR Chairman and CEO Alejandro H. Tengco: unlicensed online

asr-001906
02:38:15.479 --> 02:38:17.000
PAGCOR Chairman and CEO Alejandro H. Tengco: gaming operators.

asr-001907
02:38:17.000 --> 02:38:19.800
PAGCOR Chairman and CEO Alejandro H. Tengco: So, very regular po

asr-001908
02:38:19.800 --> 02:38:21.600
PAGCOR Chairman and CEO Alejandro H. Tengco: ang aming pakikipag-ugnayan

asr-001909
02:38:21.600 --> 02:38:24.120
PAGCOR Chairman and CEO Alejandro H. Tengco: sa Bangko Sentral.

asr-001910
02:38:24.120 --> 02:38:25.880
PAGCOR Chairman and CEO Alejandro H. Tengco: At yan po

asr-001911
02:38:25.880 --> 02:38:29.200
PAGCOR Chairman and CEO Alejandro H. Tengco: ay hindi namin

asr-001912
02:38:29.200 --> 02:38:30.279
PAGCOR Chairman and CEO Alejandro H. Tengco: ihinto dahil

asr-001913
02:38:30.279 --> 02:38:31.920
PAGCOR Chairman and CEO Alejandro H. Tengco: yung pong collaboration

asr-001914
02:38:31.920 --> 02:38:33.560
PAGCOR Chairman and CEO Alejandro H. Tengco: is a big help.

asr-001915
02:38:33.560 --> 02:38:35.720
PAGCOR Chairman and CEO Alejandro H. Tengco: Ngayon,

asr-001916
02:38:35.720 --> 02:38:37.720
PAGCOR Chairman and CEO Alejandro H. Tengco: isa din pong ginagawa namin

asr-001917
02:38:37.720 --> 02:38:39.479
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pangkasalukuyan

asr-001918
02:38:39.479 --> 02:38:41.600
PAGCOR Chairman and CEO Alejandro H. Tengco: ay yung posibilidad po

asr-001919
02:38:41.600 --> 02:38:43.479
PAGCOR Chairman and CEO Alejandro H. Tengco: magtayo or

asr-001920
02:38:43.479 --> 02:38:46.160
PAGCOR Chairman and CEO Alejandro H. Tengco: mag-launch ng isang

asr-001921
02:38:46.160 --> 02:38:47.840
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR app.

asr-001922
02:38:47.840 --> 02:38:50.880
PAGCOR Chairman and CEO Alejandro H. Tengco: So, dito po sa PAGCOR app,

asr-001923
02:38:50.880 --> 02:38:52.279
PAGCOR Chairman and CEO Alejandro H. Tengco: pagka may

asr-001924
02:38:52.279 --> 02:38:54.089
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR app na kayo sa mga telepono

asr-001925
02:38:54.089 --> 02:38:55.399
PAGCOR Chairman and CEO Alejandro H. Tengco: ninyo,

asr-001926
02:38:55.399 --> 02:38:58.960
PAGCOR Chairman and CEO Alejandro H. Tengco: pag pinindot nyo po yung PAGCOR app,

asr-001927
02:38:58.960 --> 02:38:59.920
PAGCOR Chairman and CEO Alejandro H. Tengco: bibigay na sa inyo

asr-001928
02:38:59.920 --> 02:39:01.399
PAGCOR Chairman and CEO Alejandro H. Tengco: yung listahan

asr-001929
02:39:01.399 --> 02:39:03.319
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga legal

asr-001930
02:39:03.319 --> 02:39:05.819
PAGCOR Chairman and CEO Alejandro H. Tengco: na may lisensyang operator.

asr-001931
02:39:05.819 --> 02:39:08.319
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

asr-001932
02:39:08.319 --> 02:39:10.359
PAGCOR Chairman and CEO Alejandro H. Tengco: maproprotektahan ka.

asr-001933
02:39:10.359 --> 02:39:11.600
PAGCOR Chairman and CEO Alejandro H. Tengco: Makakasiguro ka

asr-001934
02:39:11.600 --> 02:39:13.680
PAGCOR Chairman and CEO Alejandro H. Tengco: na ang linalaro among site

asr-001935
02:39:13.680 --> 02:39:16.160
PAGCOR Chairman and CEO Alejandro H. Tengco: ay lisensyado ng PAGCOR.

asr-001936
02:39:16.160 --> 02:39:18.399
PAGCOR Chairman and CEO Alejandro H. Tengco: So, again, twofold ito.

asr-001937
02:39:18.399 --> 02:39:19.920
PAGCOR Chairman and CEO Alejandro H. Tengco: One,

asr-001938
02:39:19.920 --> 02:39:22.120
PAGCOR Chairman and CEO Alejandro H. Tengco: nasusug po natin yung illegal na

asr-001939
02:39:22.120 --> 02:39:24.810
PAGCOR Chairman and CEO Alejandro H. Tengco: mga operator.

asr-001940
02:39:24.810 --> 02:39:27.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Two,

asr-001941
02:39:27.000 --> 02:39:28.520
PAGCOR Chairman and CEO Alejandro H. Tengco: naproprotektahan ang bawat

asr-001942
02:39:28.520 --> 02:39:29.920
PAGCOR Chairman and CEO Alejandro H. Tengco: kababayan nating

asr-001943
02:39:29.920 --> 02:39:31.120
PAGCOR Chairman and CEO Alejandro H. Tengco: maglalaro.

asr-001944
02:39:31.120 --> 02:39:34.359
PAGCOR Chairman and CEO Alejandro H. Tengco: Sapagkat ang natitiyak po namin,

asr-001945
02:39:34.359 --> 02:39:36.160
PAGCOR Chairman and CEO Alejandro H. Tengco: basta may lisensya

asr-001946
02:39:36.160 --> 02:39:37.960
PAGCOR Chairman and CEO Alejandro H. Tengco: ang pinaglalaroan nyo,

asr-001947
02:39:37.960 --> 02:39:39.640
PAGCOR Chairman and CEO Alejandro H. Tengco: meron pong process of

asr-001948
02:39:39.640 --> 02:39:41.840
PAGCOR Chairman and CEO Alejandro H. Tengco: resolution kung magkakaproblema

asr-001949
02:39:41.840 --> 02:39:43.880
PAGCOR Chairman and CEO Alejandro H. Tengco: kayo. Yung issue na

asr-001950
02:39:43.880 --> 02:39:46.479
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi nagbabayad ng deposito,

asr-001951
02:39:46.479 --> 02:39:47.760
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi nagbabayad ng

asr-001952
02:39:47.760 --> 02:39:49.720
PAGCOR Chairman and CEO Alejandro H. Tengco: panalo, eh hindi

asr-001953
02:39:49.720 --> 02:39:51.319
PAGCOR Chairman and CEO Alejandro H. Tengco: na mangyayari yun

asr-001954
02:39:51.319 --> 02:39:54.520
PAGCOR Chairman and CEO Alejandro H. Tengco: makapaglalaro ka na sa isang

asr-001955
02:39:54.520 --> 02:39:55.560
PAGCOR Chairman and CEO Alejandro H. Tengco: legal

asr-001956
02:39:55.560 --> 02:39:57.760
PAGCOR Chairman and CEO Alejandro H. Tengco: na

asr-001957
02:39:57.760 --> 02:40:00.720
PAGCOR Chairman and CEO Alejandro H. Tengco: operator. Kaya, yun po

asr-001958
02:40:00.720 --> 02:40:01.640
PAGCOR Chairman and CEO Alejandro H. Tengco: we're expecting

asr-001959
02:40:01.640 --> 02:40:04.240
PAGCOR Chairman and CEO Alejandro H. Tengco: to launch it maybe on the

asr-001960
02:40:04.240 --> 02:40:06.279
PAGCOR Chairman and CEO Alejandro H. Tengco: fourth quarter of this year.

asr-001961
02:40:06.279 --> 02:40:07.960
PAGCOR Chairman and CEO Alejandro H. Tengco: Malaking bagay po yun.

asr-001962
02:40:07.960 --> 02:40:10.040
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil yun, maging

asr-001963
02:40:10.040 --> 02:40:12.279
PAGCOR Chairman and CEO Alejandro H. Tengco: hikaya tayo, we will use these

asr-001964
02:40:12.279 --> 02:40:13.600
PAGCOR Chairman and CEO Alejandro H. Tengco: advertisements

asr-001965
02:40:13.600 --> 02:40:15.560
PAGCOR Chairman and CEO Alejandro H. Tengco: to let people know that

asr-001966
02:40:15.560 --> 02:40:18.040
PAGCOR Chairman and CEO Alejandro H. Tengco: if you really want to patronize

asr-001967
02:40:18.040 --> 02:40:20.439
PAGCOR Chairman and CEO Alejandro H. Tengco: your online gaming operator,

asr-001968
02:40:20.439 --> 02:40:21.720
PAGCOR Chairman and CEO Alejandro H. Tengco: dito ka na sa PAGCOR

asr-001969
02:40:21.720 --> 02:40:23.600
PAGCOR Chairman and CEO Alejandro H. Tengco: app. Para nang sa ganun,

asr-001970
02:40:23.600 --> 02:40:25.640
PAGCOR Chairman and CEO Alejandro H. Tengco: pagpindot mo ng PAGCOR app,

asr-001971
02:40:25.640 --> 02:40:28.399
PAGCOR Chairman and CEO Alejandro H. Tengco: lilitaw na ron, ikaw nang mamimili

asr-001972
02:40:28.399 --> 02:40:29.880
PAGCOR Chairman and CEO Alejandro H. Tengco: kung sino ang

asr-001973
02:40:29.880 --> 02:40:31.600
PAGCOR Chairman and CEO Alejandro H. Tengco: gusto mong paglaroan

asr-001974
02:40:31.600 --> 02:40:33.680
PAGCOR Chairman and CEO Alejandro H. Tengco: na site. So, yan po ang mga

asr-001975
02:40:33.680 --> 02:40:35.340
PAGCOR Chairman and CEO Alejandro H. Tengco: hakbang na ginagawa namin sa

asr-001976
02:40:35.340 --> 02:40:37.439
PAGCOR Chairman and CEO Alejandro H. Tengco: paglalaro ko yan. At

asr-001977
02:40:37.439 --> 02:40:39.880
PAGCOR Chairman and CEO Alejandro H. Tengco: ganun din po, patuloy din po

asr-001978
02:40:39.880 --> 02:40:42.439
PAGCOR Chairman and CEO Alejandro H. Tengco: ang pakikipag-ugnayan namin sa

asr-001979
02:40:42.439 --> 02:40:43.840
PAGCOR Chairman and CEO Alejandro H. Tengco: DICT,

asr-001980
02:40:43.840 --> 02:40:45.560
PAGCOR Chairman and CEO Alejandro H. Tengco: NTC, at sa

asr-001981
02:40:45.560 --> 02:40:48.049
PAGCOR Chairman and CEO Alejandro H. Tengco: CICC para

asr-001982
02:40:48.049 --> 02:40:50.439
PAGCOR Chairman and CEO Alejandro H. Tengco: regularly lang

asr-001983
02:40:50.439 --> 02:40:51.479
PAGCOR Chairman and CEO Alejandro H. Tengco: manalalaman kung sino-sino

asr-001984
02:40:51.479 --> 02:40:53.560
PAGCOR Chairman and CEO Alejandro H. Tengco: nga ba yung mga

asr-001985
02:40:53.560 --> 02:40:55.399
PAGCOR Chairman and CEO Alejandro H. Tengco: nagagamit na payment

asr-001986
02:40:55.399 --> 02:40:57.720
PAGCOR Chairman and CEO Alejandro H. Tengco: applications na yan

asr-001987
02:40:57.720 --> 02:40:59.680
PAGCOR Chairman and CEO Alejandro H. Tengco: na nagsaservice ng

asr-001988
02:40:59.680 --> 02:41:01.319
PAGCOR Chairman and CEO Alejandro H. Tengco: mga hindi

asr-001989
02:41:01.319 --> 02:41:05.000
PAGCOR Chairman and CEO Alejandro H. Tengco: lisensyado ng PAGCOR.

asr-001990
02:41:05.000 --> 02:41:06.399
Rep. Jan "Atty. JP" Padiernos: Follow-up question.

asr-001991
02:41:06.399 --> 02:41:07.520
Rep. Jan "Atty. JP" Padiernos: Madam Chair,

asr-001992
02:41:07.520 --> 02:41:10.000
Rep. Jan "Atty. JP" Padiernos: if e-games revenues decline

asr-001993
02:41:10.000 --> 02:41:12.479
Rep. Jan "Atty. JP" Padiernos: by more than 41%

asr-001994
02:41:12.479 --> 02:41:15.439
Rep. Jan "Atty. JP" Padiernos: in H1 2026,

asr-001995
02:41:15.439 --> 02:41:16.000
Rep. Jan "Atty. JP" Padiernos: ano po ang

asr-001996
02:41:16.000 --> 02:41:18.880
Rep. Jan "Atty. JP" Padiernos: regulatory response

asr-001997
02:41:18.880 --> 02:41:20.520
Rep. Jan "Atty. JP" Padiernos: sa PAGCOR? Paano ninyo

asr-001998
02:41:20.520 --> 02:41:22.080
Rep. Jan "Atty. JP" Padiernos: i-recover ang legitimate

asr-001999
02:41:22.080 --> 02:41:23.960
Rep. Jan "Atty. JP" Padiernos: e-games sector without simply making

asr-002000
02:41:23.960 --> 02:41:26.240
Rep. Jan "Atty. JP" Padiernos: gambling easier to access,

asr-002001
02:41:26.240 --> 02:41:27.520
Rep. Jan "Atty. JP" Padiernos: especially for minors

asr-002002
02:41:27.520 --> 02:41:32.359
Rep. Jan "Atty. JP" Padiernos: and other vulnerable players?

asr-002003
02:41:32.359 --> 02:41:33.479
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

asr-002004
02:41:33.479 --> 02:41:36.160
PAGCOR Chairman and CEO Alejandro H. Tengco: as I had mentioned earlier,

asr-002005
02:41:36.160 --> 02:41:37.359
PAGCOR Chairman and CEO Alejandro H. Tengco: naghanap na rin kami

asr-002006
02:41:37.359 --> 02:41:39.040
PAGCOR Chairman and CEO Alejandro H. Tengco: at nag-aaral na rin

asr-002007
02:41:39.040 --> 02:41:41.560
PAGCOR Chairman and CEO Alejandro H. Tengco: na magpatupad ng iba't ibang mga

asr-002008
02:41:41.560 --> 02:41:44.560
PAGCOR Chairman and CEO Alejandro H. Tengco: revenue generating

asr-002009
02:41:44.560 --> 02:41:45.640
PAGCOR Chairman and CEO Alejandro H. Tengco: programs.

asr-002010
02:41:45.640 --> 02:41:48.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Tulad nga po ng SCBPO

asr-002011
02:41:48.000 --> 02:41:50.600
PAGCOR Chairman and CEO Alejandro H. Tengco: or yung Special Class BPO.

asr-002012
02:41:50.600 --> 02:41:51.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Ayun po,

asr-002013
02:41:51.560 --> 02:41:53.800
PAGCOR Chairman and CEO Alejandro H. Tengco: nakikita ko, magsasampa

asr-002014
02:41:53.800 --> 02:41:55.520
PAGCOR Chairman and CEO Alejandro H. Tengco: po sa PAGCOR yan

asr-002015
02:41:55.520 --> 02:41:57.640
PAGCOR Chairman and CEO Alejandro H. Tengco: pag na-normalize na easily

asr-002016
02:41:57.640 --> 02:42:00.000
PAGCOR Chairman and CEO Alejandro H. Tengco: mga 2 to 3 billion pesos.

asr-002017
02:42:00.000 --> 02:42:02.399
PAGCOR Chairman and CEO Alejandro H. Tengco: So, these are the measures

asr-002018
02:42:02.399 --> 02:42:04.000
PAGCOR Chairman and CEO Alejandro H. Tengco: that we are

asr-002019
02:42:04.000 --> 02:42:06.120
PAGCOR Chairman and CEO Alejandro H. Tengco: doing. In short,

asr-002020
02:42:06.120 --> 02:42:08.880
PAGCOR Chairman and CEO Alejandro H. Tengco: we are also studying

asr-002021
02:42:08.880 --> 02:42:10.000
PAGCOR Chairman and CEO Alejandro H. Tengco: other revenue

asr-002022
02:42:10.000 --> 02:42:11.920
PAGCOR Chairman and CEO Alejandro H. Tengco: generating schemes

asr-002023
02:42:11.920 --> 02:42:13.560
PAGCOR Chairman and CEO Alejandro H. Tengco: para nang sa ganun, yung

asr-002024
02:42:13.560 --> 02:42:16.399
PAGCOR Chairman and CEO Alejandro H. Tengco: nawawala namin sa kaliwang bulsa

asr-002025
02:42:16.399 --> 02:42:18.240
PAGCOR Chairman and CEO Alejandro H. Tengco: ay ma-recover naman namin

asr-002026
02:42:18.240 --> 02:42:20.240
PAGCOR Chairman and CEO Alejandro H. Tengco: sa kanan na bulsa namin.

asr-002027
02:42:20.240 --> 02:42:21.760
PAGCOR Chairman and CEO Alejandro H. Tengco: So, patuloy po ang

asr-002028
02:42:21.760 --> 02:42:24.640
PAGCOR Chairman and CEO Alejandro H. Tengco: aming pag-aaral at

asr-002029
02:42:24.640 --> 02:42:26.439
PAGCOR Chairman and CEO Alejandro H. Tengco: makikita po natin

asr-002030
02:42:26.439 --> 02:42:28.040
PAGCOR Chairman and CEO Alejandro H. Tengco: hopefully sa

asr-002031
02:42:28.040 --> 02:42:30.200
PAGCOR Chairman and CEO Alejandro H. Tengco: 2027 ay

asr-002032
02:42:30.200 --> 02:42:33.040
PAGCOR Chairman and CEO Alejandro H. Tengco: kung meron man decline

asr-002033
02:42:33.040 --> 02:42:34.600
PAGCOR Chairman and CEO Alejandro H. Tengco: ma-recover din natin ito.

asr-002034
02:42:34.600 --> 02:42:36.279
PAGCOR Chairman and CEO Alejandro H. Tengco: Gusto ko rin pong

asr-002035
02:42:36.279 --> 02:42:37.840
PAGCOR Chairman and CEO Alejandro H. Tengco: magbigay muling alam

asr-002036
02:42:37.840 --> 02:42:39.520
PAGCOR Chairman and CEO Alejandro H. Tengco: sa inyo, your honor,

asr-002037
02:42:39.520 --> 02:42:42.000
PAGCOR Chairman and CEO Alejandro H. Tengco: na itong last month po

asr-002038
02:42:42.000 --> 02:42:43.960
PAGCOR Chairman and CEO Alejandro H. Tengco: of July, nakakita

asr-002039
02:42:43.960 --> 02:42:45.920
PAGCOR Chairman and CEO Alejandro H. Tengco: po kami ng increase

asr-002040
02:42:45.920 --> 02:42:48.359
PAGCOR Chairman and CEO Alejandro H. Tengco: sa revenue ng online gaming.

asr-002041
02:42:48.359 --> 02:42:49.720
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po sa paghikayat

asr-002042
02:42:49.720 --> 02:42:51.760
PAGCOR Chairman and CEO Alejandro H. Tengco: na maglaro ang ating mga kababayan.

asr-002043
02:42:51.760 --> 02:42:54.240
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung hindi, marami na po

asr-002044
02:42:54.240 --> 02:42:55.520
PAGCOR Chairman and CEO Alejandro H. Tengco: ang limilipat

asr-002045
02:42:55.520 --> 02:42:58.439
PAGCOR Chairman and CEO Alejandro H. Tengco: from the illegals to the legal

asr-002046
02:42:58.439 --> 02:43:01.760
PAGCOR Chairman and CEO Alejandro H. Tengco: licenses po natin.

asr-002047
02:43:01.760 --> 02:43:03.720
Rep. Jan "Atty. JP" Padiernos: Thank you, Madam Chair.

asr-002048
02:43:03.720 --> 02:43:06.200
Rep. Jan "Atty. JP" Padiernos: Next point on

asr-002049
02:43:06.200 --> 02:43:08.720
Rep. Jan "Atty. JP" Padiernos: Pigo platforms

asr-002050
02:43:08.720 --> 02:43:09.720
Rep. Jan "Atty. JP" Padiernos: or

asr-002051
02:43:09.720 --> 02:43:12.680
Rep. Jan "Atty. JP" Padiernos: inland gaming operations.

asr-002052
02:43:12.680 --> 02:43:13.960
Rep. Jan "Atty. JP" Padiernos: So, kahit po may

asr-002053
02:43:13.960 --> 02:43:15.720
Rep. Jan "Atty. JP" Padiernos: KYC requirements or know your

asr-002054
02:43:15.720 --> 02:43:17.720
Rep. Jan "Atty. JP" Padiernos: customer requirements, kinagamit umano

asr-002055
02:43:17.720 --> 02:43:19.560
Rep. Jan "Atty. JP" Padiernos: ang pre-verified or

asr-002056
02:43:19.560 --> 02:43:21.600
Rep. Jan "Atty. JP" Padiernos: mule e-wallet accounts para

asr-002057
02:43:21.600 --> 02:43:24.840
Rep. Jan "Atty. JP" Padiernos: makapasok sa online gaming platforms.

asr-002058
02:43:24.840 --> 02:43:25.760
Rep. Jan "Atty. JP" Padiernos: This

asr-002059
02:43:25.760 --> 02:43:27.720
Rep. Jan "Atty. JP" Padiernos: creates risk

asr-002060
02:43:27.720 --> 02:43:29.720
Rep. Jan "Atty. JP" Padiernos: involving, again, yung minamensyong ko ay

asr-002061
02:43:29.720 --> 02:43:31.800
Rep. Jan "Atty. JP" Padiernos: money laundering, fraud, and

asr-002062
02:43:31.800 --> 02:43:33.960
Rep. Jan "Atty. JP" Padiernos: access by minors.

asr-002063
02:43:33.960 --> 02:43:35.680
Rep. Jan "Atty. JP" Padiernos: May reports po na gumagamit

asr-002064
02:43:35.680 --> 02:43:38.040
Rep. Jan "Atty. JP" Padiernos: ng such pre-verified or

asr-002065
02:43:38.040 --> 02:43:40.040
Rep. Jan "Atty. JP" Padiernos: mule e-wallet accounts para ma-bypass

asr-002066
02:43:40.040 --> 02:43:42.520
Rep. Jan "Atty. JP" Padiernos: ang KYC requirements.

asr-002067
02:43:42.520 --> 02:43:43.920
Rep. Jan "Atty. JP" Padiernos: Ilan na po ang

asr-002068
02:43:43.920 --> 02:43:45.800
Rep. Jan "Atty. JP" Padiernos: Pigo or e-games licenses

asr-002069
02:43:45.800 --> 02:43:47.640
Rep. Jan "Atty. JP" Padiernos: na na-fine, suspended,

asr-002070
02:43:47.640 --> 02:43:50.200
Rep. Jan "Atty. JP" Padiernos: or otherwise sanctioned by PAGCOR

asr-002071
02:43:50.200 --> 02:43:52.080
Rep. Jan "Atty. JP" Padiernos: dahil sa failure to prevent

asr-002072
02:43:52.080 --> 02:43:54.439
Rep. Jan "Atty. JP" Padiernos: proxy accounts, third-party

asr-002073
02:43:54.439 --> 02:43:56.080
Rep. Jan "Atty. JP" Padiernos: funding, or access by

asr-002074
02:43:56.080 --> 02:43:57.720
Rep. Jan "Atty. JP" Padiernos: minors? At ano po ang

asr-002075
02:43:57.720 --> 02:43:59.640
Rep. Jan "Atty. JP" Padiernos: ginagawa ninyo para masiguradong hindi

asr-002076
02:43:59.640 --> 02:44:03.479
Rep. Jan "Atty. JP" Padiernos: lang compliance on paper?

asr-002077
02:44:03.479 --> 02:44:04.640
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

asr-002078
02:44:04.640 --> 02:44:07.080
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

asr-002079
02:44:07.080 --> 02:44:07.880
PAGCOR Chairman and CEO Alejandro H. Tengco: sa

asr-002080
02:44:07.880 --> 02:44:10.200
PAGCOR Chairman and CEO Alejandro H. Tengco: katanungan ninyo, ay

asr-002081
02:44:10.200 --> 02:44:12.640
PAGCOR Chairman and CEO Alejandro H. Tengco: aktibo pong nagmumonitor

asr-002082
02:44:12.640 --> 02:44:14.040
PAGCOR Chairman and CEO Alejandro H. Tengco: ang PAGCOR

asr-002083
02:44:14.040 --> 02:44:15.359
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga hindi

asr-002084
02:44:15.359 --> 02:44:17.560
PAGCOR Chairman and CEO Alejandro H. Tengco: sumusunod sa KYC.

asr-002085
02:44:17.560 --> 02:44:19.760
PAGCOR Chairman and CEO Alejandro H. Tengco: At kung tatanungin

asr-002086
02:44:19.760 --> 02:44:22.279
PAGCOR Chairman and CEO Alejandro H. Tengco: ninyo po, hindi lang po fines.

asr-002087
02:44:22.279 --> 02:44:24.279
PAGCOR Chairman and CEO Alejandro H. Tengco: Kami po ay

asr-002088
02:44:24.279 --> 02:44:25.439
PAGCOR Chairman and CEO Alejandro H. Tengco: nag-impose na ng

asr-002089
02:44:25.439 --> 02:44:27.920
PAGCOR Chairman and CEO Alejandro H. Tengco: suspension ng

asr-002090
02:44:27.920 --> 02:44:29.479
PAGCOR Chairman and CEO Alejandro H. Tengco: mga legal

asr-002091
02:44:29.479 --> 02:44:31.960
PAGCOR Chairman and CEO Alejandro H. Tengco: operators na hindi sumusunod

asr-002092
02:44:31.960 --> 02:44:34.160
PAGCOR Chairman and CEO Alejandro H. Tengco: sa struktura ng PAGCOR.

asr-002093
02:44:34.160 --> 02:44:36.960
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero gusto ko pong bigyan ng diin,

asr-002094
02:44:36.960 --> 02:44:37.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

asr-002095
02:44:37.560 --> 02:44:39.600
PAGCOR Chairman and CEO Alejandro H. Tengco: Cong. Padiernos, na

asr-002096
02:44:39.600 --> 02:44:41.439
PAGCOR Chairman and CEO Alejandro H. Tengco: ang problemang ito po ng

asr-002097
02:44:41.439 --> 02:44:43.880
PAGCOR Chairman and CEO Alejandro H. Tengco: paggamit ng mule accounts,

asr-002098
02:44:43.880 --> 02:44:45.399
PAGCOR Chairman and CEO Alejandro H. Tengco: gayon din naman po

asr-002099
02:44:45.399 --> 02:44:47.640
PAGCOR Chairman and CEO Alejandro H. Tengco: ng third-party payment

asr-002100
02:44:47.640 --> 02:44:49.680
PAGCOR Chairman and CEO Alejandro H. Tengco: providers, ay hindi po

asr-002101
02:44:49.680 --> 02:44:51.680
PAGCOR Chairman and CEO Alejandro H. Tengco: nararanasan ng

asr-002102
02:44:51.680 --> 02:44:51.960
PAGCOR Chairman and CEO Alejandro H. Tengco: mga

asr-002103
02:44:51.960 --> 02:44:53.520
PAGCOR Chairman and CEO Alejandro H. Tengco: legal operators.

asr-002104
02:44:53.520 --> 02:44:56.200
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito po karaniwan ang siyang ginagamit

asr-002105
02:44:56.200 --> 02:44:57.960
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga illegal na operators.

asr-002106
02:44:57.960 --> 02:45:02.319
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi nga ho, wala silang sinusunod na batas.

asr-002107
02:45:02.319 --> 02:45:05.640
PAGCOR Chairman and CEO Alejandro H. Tengco: Meaning, yung illegal na operator,

asr-002108
02:45:05.640 --> 02:45:08.120
PAGCOR Chairman and CEO Alejandro H. Tengco: eh doon sila sa mga illegal din

asr-002109
02:45:08.120 --> 02:45:09.720
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga payment providers

asr-002110
02:45:09.720 --> 02:45:10.920
PAGCOR Chairman and CEO Alejandro H. Tengco: para nang sa ganun,

asr-002111
02:45:10.920 --> 02:45:13.520
PAGCOR Chairman and CEO Alejandro H. Tengco: mas madali nilang ma-process

asr-002112
02:45:13.520 --> 02:45:17.760
PAGCOR Chairman and CEO Alejandro H. Tengco: yung paghikayat sa kanilang mga customers.

asr-002113
02:45:17.760 --> 02:45:20.120
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil pinalalabas nila,

asr-002114
02:45:20.120 --> 02:45:22.279
PAGCOR Chairman and CEO Alejandro H. Tengco: mas madaling magbayad

asr-002115
02:45:22.279 --> 02:45:25.520
PAGCOR Chairman and CEO Alejandro H. Tengco: o ma-proseso ang kanilang mga pangangailangan

asr-002116
02:45:25.520 --> 02:45:29.120
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pamamagitan nitong mga payments na ito.

asr-002117
02:45:29.120 --> 02:45:34.160
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang hindi nalalaman nung ating mga kababayan,

asr-002118
02:45:34.160 --> 02:45:36.359
PAGCOR Chairman and CEO Alejandro H. Tengco: eh pag nag-patronize ka lang ganun,

asr-002119
02:45:36.359 --> 02:45:37.439
PAGCOR Chairman and CEO Alejandro H. Tengco: natitiyak namin,

asr-002120
02:45:37.439 --> 02:45:41.560
PAGCOR Chairman and CEO Alejandro H. Tengco: illegal na po ang ating mga pinaglalaroan.

asr-002121
02:45:41.560 --> 02:45:45.160
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya patuloy po kaming nakikipag-ugnayan

asr-002122
02:45:45.160 --> 02:45:50.840
PAGCOR Chairman and CEO Alejandro H. Tengco: sa NTC, DICT, CICC,

asr-002123
02:45:50.840 --> 02:45:53.520
PAGCOR Chairman and CEO Alejandro H. Tengco: at panay po ang report namin sa kanila

asr-002124
02:45:53.520 --> 02:45:57.399
PAGCOR Chairman and CEO Alejandro H. Tengco: nitong mga hindi sumusunod

asr-002125
02:45:57.399 --> 02:46:01.920
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga illegal online gaming operators na ito.

asr-002126
02:46:01.920 --> 02:46:02.720
Rep. Jan "Atty. JP" Padiernos: Thank you, Madam Chair.

asr-002127
02:46:02.720 --> 02:46:05.640
Rep. Jan "Atty. JP" Padiernos: I just would like to make a quick manifestation.

asr-002128
02:46:05.640 --> 02:46:07.600
Rep. Jan "Atty. JP" Padiernos: So, Madam Chair,

asr-002129
02:46:07.600 --> 02:46:09.880
Rep. Jan "Atty. JP" Padiernos: I would like to commend and recognize

asr-002130
02:46:09.880 --> 02:46:12.960
Rep. Jan "Atty. JP" Padiernos: the contributions and efforts

asr-002131
02:46:12.960 --> 02:46:15.040
Rep. Jan "Atty. JP" Padiernos: by our PAGCOR

asr-002132
02:46:15.040 --> 02:46:18.760
Rep. Jan "Atty. JP" Padiernos: in generating more than 106 billion in revenues

asr-002133
02:46:18.760 --> 02:46:19.080
Rep. Jan "Atty. JP" Padiernos: and

asr-002134
02:46:19.080 --> 02:46:22.439
Rep. Jan "Atty. JP" Padiernos: 66.95 billion to nation building

asr-002135
02:46:22.439 --> 02:46:27.479
Rep. Jan "Atty. JP" Padiernos: kasama po yung 22.56 billion for universal healthcare.

asr-002136
02:46:27.479 --> 02:46:30.399
Rep. Jan "Atty. JP" Padiernos: So, hindi lang lamang ito po isang numero

asr-002137
02:46:30.399 --> 02:46:31.399
Rep. Jan "Atty. JP" Padiernos: or mga numero.

asr-002138
02:46:31.399 --> 02:46:34.760
Rep. Jan "Atty. JP" Padiernos: These funds truly help support healthcare,

asr-002139
02:46:34.760 --> 02:46:36.359
Rep. Jan "Atty. JP" Padiernos: public services, and programs

asr-002140
02:46:36.359 --> 02:46:39.439
Rep. Jan "Atty. JP" Padiernos: that reach Filipino families across the country,

asr-002141
02:46:39.439 --> 02:46:41.520
Rep. Jan "Atty. JP" Padiernos: especially those who rely most

asr-002142
02:46:41.520 --> 02:46:43.479
Rep. Jan "Atty. JP" Padiernos: on the government assistance.

asr-002143
02:46:43.479 --> 02:46:45.720
Rep. Jan "Atty. JP" Padiernos: Nakita naman po natin sa kanilang report,

asr-002144
02:46:45.720 --> 02:46:49.880
Rep. Jan "Atty. JP" Padiernos: yung kanilang programa tulad ng nationwide school building,

asr-002145
02:46:49.880 --> 02:46:52.720
Rep. Jan "Atty. JP" Padiernos: patient transport vehicle donations,

asr-002146
02:46:52.720 --> 02:46:54.640
Rep. Jan "Atty. JP" Padiernos: relief operations,

asr-002147
02:46:54.640 --> 02:46:55.840
Rep. Jan "Atty. JP" Padiernos: and yung kanilang

asr-002148
02:46:55.840 --> 02:46:58.319
Rep. Jan "Atty. JP" Padiernos: Clark Multi-Specialty Medical Center

asr-002149
02:46:58.319 --> 02:47:00.720
Rep. Jan "Atty. JP" Padiernos: na sana po

asr-002150
02:47:00.720 --> 02:47:01.520
Rep. Jan "Atty. JP" Padiernos: madagdagan pa po

asr-002151
02:47:01.520 --> 02:47:03.800
Rep. Jan "Atty. JP" Padiernos: ang inyong matulungan sa ating mga

asr-002152
02:47:03.800 --> 02:47:07.080
Rep. Jan "Atty. JP" Padiernos: kababayan at

asr-002153
02:47:07.080 --> 02:47:08.000
Rep. Jan "Atty. JP" Padiernos: rest assured po

asr-002154
02:47:08.000 --> 02:47:11.479
Rep. Jan "Atty. JP" Padiernos: sa ating PAGCOR

asr-002155
02:47:11.479 --> 02:47:12.120
Rep. Jan "Atty. JP" Padiernos: agency

asr-002156
02:47:12.120 --> 02:47:13.800
Rep. Jan "Atty. JP" Padiernos: that this representation

asr-002157
02:47:13.800 --> 02:47:15.680
Rep. Jan "Atty. JP" Padiernos: has the full support for

asr-002158
02:47:15.680 --> 02:47:17.000
Rep. Jan "Atty. JP" Padiernos: all of its programs

asr-002159
02:47:17.000 --> 02:47:19.279
Rep. Jan "Atty. JP" Padiernos: and any needs

asr-002160
02:47:19.279 --> 02:47:22.319
Rep. Jan "Atty. JP" Padiernos: for the said agency.

asr-002161
02:47:22.319 --> 02:47:23.600
Rep. Jan "Atty. JP" Padiernos: Yun lamang po, Madam Chair.

asr-002162
02:47:23.600 --> 02:47:26.600
Rep. Jan "Atty. JP" Padiernos: Maraming salamat po.

asr-002163
02:47:26.600 --> 02:47:28.640
Rep. Mikaela Angela B. Suansing: Thank you, Representative Padiernos.

asr-002164
02:47:28.640 --> 02:47:31.399
Rep. Mikaela Angela B. Suansing: We'll now move to our next interpellator

asr-002165
02:47:31.399 --> 02:47:32.840
Rep. Mikaela Angela B. Suansing: from the minority,

asr-002166
02:47:32.840 --> 02:47:36.479
Rep. Mikaela Angela B. Suansing: Representative Presley De Jesus.

asr-002167
02:47:36.720 --> 02:47:38.713
Rep. Presley C. De Jesus: Thank you, Madam Chair,

asr-002168
02:47:38.713 --> 02:47:41.158
Rep. Presley C. De Jesus: and to PAGCOR family.

asr-002169
02:47:41.158 --> 02:47:42.653
Rep. Presley C. De Jesus: Yeah, Chairman,

asr-002170
02:47:42.653 --> 02:47:44.803
Rep. Presley C. De Jesus: I think you mentioned a while ago,

asr-002171
02:47:44.803 --> 02:47:46.524
Rep. Presley C. De Jesus: I think I heard it four times,

asr-002172
02:47:46.524 --> 02:47:49.400
Rep. Presley C. De Jesus: what does integrated resorts mean?

asr-002173
02:47:49.400 --> 02:47:51.483
Rep. Presley C. De Jesus: Apat niyo bes na narinig ko sa inyo,

asr-002174
02:47:51.483 --> 02:47:52.615
Rep. Presley C. De Jesus: so I'm just curious.

asr-002175
02:47:52.615 --> 02:47:55.400
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang, your honor,

asr-002176
02:47:55.400 --> 02:47:56.804
PAGCOR Chairman and CEO Alejandro H. Tengco: ang ibig sabihin po

asr-002177
02:47:56.804 --> 02:47:58.389
PAGCOR Chairman and CEO Alejandro H. Tengco: ng integrated resorts

asr-002178
02:47:58.389 --> 02:48:00.925
PAGCOR Chairman and CEO Alejandro H. Tengco: ay yung pong mga may

asr-002179
02:48:00.925 --> 02:48:02.623
PAGCOR Chairman and CEO Alejandro H. Tengco: lisensya ng PAGCOR

asr-002180
02:48:02.623 --> 02:48:05.159
PAGCOR Chairman and CEO Alejandro H. Tengco: na nag-invest ng at least

asr-002181
02:48:05.159 --> 02:48:07.739
PAGCOR Chairman and CEO Alejandro H. Tengco: 1 billion US dollars

asr-002182
02:48:07.739 --> 02:48:10.093
PAGCOR Chairman and CEO Alejandro H. Tengco: and nakapag-employo po

asr-002183
02:48:10.093 --> 02:48:12.721
PAGCOR Chairman and CEO Alejandro H. Tengco: ng libu-libong mga tao.

asr-002184
02:48:12.721 --> 02:48:14.599
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang tinutukoy ko po rito,

asr-002185
02:48:14.599 --> 02:48:16.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman Presley,

asr-002186
02:48:16.840 --> 02:48:18.402
PAGCOR Chairman and CEO Alejandro H. Tengco: ay ang mga

asr-002187
02:48:18.402 --> 02:48:19.534
PAGCOR Chairman and CEO Alejandro H. Tengco: casino resorts,

asr-002188
02:48:19.534 --> 02:48:21.730
PAGCOR Chairman and CEO Alejandro H. Tengco: integrated resorts

asr-002189
02:48:21.730 --> 02:48:23.384
PAGCOR Chairman and CEO Alejandro H. Tengco: na nandito sa

asr-002190
02:48:23.384 --> 02:48:26.258
PAGCOR Chairman and CEO Alejandro H. Tengco: Entertainment City

asr-002191
02:48:26.258 --> 02:48:27.255
PAGCOR Chairman and CEO Alejandro H. Tengco: sa Paranaque.

asr-002192
02:48:27.255 --> 02:48:29.383
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi ko na po babanggitin isa-isa.

asr-002193
02:48:29.383 --> 02:48:30.492
PAGCOR Chairman and CEO Alejandro H. Tengco: Nandyan din po

asr-002194
02:48:30.492 --> 02:48:33.346
PAGCOR Chairman and CEO Alejandro H. Tengco: ang isang malaking integrated resort

asr-002195
02:48:33.346 --> 02:48:35.360
PAGCOR Chairman and CEO Alejandro H. Tengco: sa siyudad ng Cebu

asr-002196
02:48:35.360 --> 02:48:37.873
PAGCOR Chairman and CEO Alejandro H. Tengco: at nandyan din po

asr-002197
02:48:37.873 --> 02:48:39.798
PAGCOR Chairman and CEO Alejandro H. Tengco: ang isang maraming

asr-002198
02:48:39.798 --> 02:48:42.537
PAGCOR Chairman and CEO Alejandro H. Tengco: integrated resorts sa loob po

asr-002199
02:48:42.537 --> 02:48:44.688
PAGCOR Chairman and CEO Alejandro H. Tengco: ng Clark Economic Zone.

asr-002200
02:48:44.688 --> 02:48:46.408
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang classification po nila

asr-002201
02:48:46.408 --> 02:48:48.490
PAGCOR Chairman and CEO Alejandro H. Tengco: ay tinatawag na

asr-002202
02:48:48.490 --> 02:48:49.963
PAGCOR Chairman and CEO Alejandro H. Tengco: integrated resort

asr-002203
02:48:49.963 --> 02:48:50.869
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pagkakataon,

asr-002204
02:48:50.869 --> 02:48:54.535
PAGCOR Chairman and CEO Alejandro H. Tengco: pagkat meron po silang

asr-002205
02:48:54.535 --> 02:48:55.962
PAGCOR Chairman and CEO Alejandro H. Tengco: required na investment.

asr-002206
02:48:55.962 --> 02:48:57.773
PAGCOR Chairman and CEO Alejandro H. Tengco: At ang investment pong ito

asr-002207
02:48:57.773 --> 02:48:59.652
PAGCOR Chairman and CEO Alejandro H. Tengco: ay hindi dapat bumaba

asr-002208
02:48:59.652 --> 02:49:03.615
PAGCOR Chairman and CEO Alejandro H. Tengco: sa 1 billion US dollars.

asr-002209
02:49:03.615 --> 02:49:06.128
PAGCOR Chairman and CEO Alejandro H. Tengco: At aside from that,

asr-002210
02:49:06.128 --> 02:49:07.870
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, Congressman

asr-002211
02:49:07.870 --> 02:49:10.814
PAGCOR Chairman and CEO Alejandro H. Tengco: De Jesus, sila po

asr-002212
02:49:10.814 --> 02:49:12.762
PAGCOR Chairman and CEO Alejandro H. Tengco: ay dapat mag-employ

asr-002213
02:49:12.762 --> 02:49:14.980
PAGCOR Chairman and CEO Alejandro H. Tengco: ng libu-libong

asr-002214
02:49:14.980 --> 02:49:17.448
PAGCOR Chairman and CEO Alejandro H. Tengco: mga manggagawang

asr-002215
02:49:17.448 --> 02:49:18.354
PAGCOR Chairman and CEO Alejandro H. Tengco: Pilipino.

asr-002216
02:49:18.354 --> 02:49:19.758
PAGCOR Chairman and CEO Alejandro H. Tengco: So in short,

asr-002217
02:49:19.758 --> 02:49:21.070
PAGCOR Chairman and CEO Alejandro H. Tengco: lahat po nang nag-imploy

asr-002218
02:49:21.070 --> 02:49:22.904
PAGCOR Chairman and CEO Alejandro H. Tengco: ngayon ang bagong

asr-002219
02:49:22.904 --> 02:49:24.535
PAGCOR Chairman and CEO Alejandro H. Tengco: prangkisa ng

asr-002220
02:49:24.535 --> 02:49:25.734
PAGCOR Chairman and CEO Alejandro H. Tengco: kasino,

asr-002221
02:49:25.734 --> 02:49:26.911
PAGCOR Chairman and CEO Alejandro H. Tengco: they will be called

asr-002222
02:49:26.911 --> 02:49:28.179
PAGCOR Chairman and CEO Alejandro H. Tengco: integrated because

asr-002223
02:49:28.179 --> 02:49:29.039
PAGCOR Chairman and CEO Alejandro H. Tengco: no one will

asr-002224
02:49:29.039 --> 02:49:30.262
PAGCOR Chairman and CEO Alejandro H. Tengco: invest

asr-002225
02:49:30.262 --> 02:49:31.710
PAGCOR Chairman and CEO Alejandro H. Tengco: na bababa

asr-002226
02:49:31.710 --> 02:49:32.503
PAGCOR Chairman and CEO Alejandro H. Tengco: ng 1 billion.

asr-002227
02:49:32.503 --> 02:49:33.205
PAGCOR Chairman and CEO Alejandro H. Tengco: Tama ba yun?

asr-002228
02:49:33.205 --> 02:49:33.974
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman,

asr-002229
02:49:33.974 --> 02:49:34.563
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

asr-002230
02:49:34.563 --> 02:49:35.143
PAGCOR Chairman and CEO Alejandro H. Tengco: ang

asr-002231
02:49:35.143 --> 02:49:38.288
PAGCOR Chairman and CEO Alejandro H. Tengco: pwede po mag-apply

asr-002232
02:49:38.288 --> 02:49:39.266
PAGCOR Chairman and CEO Alejandro H. Tengco: iba't-ibang

asr-002233
02:49:39.266 --> 02:49:40.696
PAGCOR Chairman and CEO Alejandro H. Tengco: kategorya po kasi.

asr-002234
02:49:40.696 --> 02:49:41.769
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron po tayong

asr-002235
02:49:41.769 --> 02:49:43.199
PAGCOR Chairman and CEO Alejandro H. Tengco: highest category,

asr-002236
02:49:43.199 --> 02:49:44.152
PAGCOR Chairman and CEO Alejandro H. Tengco: yung tinatawag na

asr-002237
02:49:44.152 --> 02:49:44.492
PAGCOR Chairman and CEO Alejandro H. Tengco: platinum,

asr-002238
02:49:44.492 --> 02:49:45.691
PAGCOR Chairman and CEO Alejandro H. Tengco: yun po ang

asr-002239
02:49:45.691 --> 02:49:46.722
PAGCOR Chairman and CEO Alejandro H. Tengco: tinutukoy ko

asr-002240
02:49:46.722 --> 02:49:47.942
PAGCOR Chairman and CEO Alejandro H. Tengco: kanina na

asr-002241
02:49:47.942 --> 02:49:49.120
PAGCOR Chairman and CEO Alejandro H. Tengco: nabanggit nyo

asr-002242
02:49:49.120 --> 02:49:50.739
PAGCOR Chairman and CEO Alejandro H. Tengco: mahigit apat na beses.

asr-002243
02:49:50.739 --> 02:49:51.433
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung nabanggit.

asr-002244
02:49:51.433 --> 02:49:52.085
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung integrated

asr-002245
02:49:52.085 --> 02:49:52.695
PAGCOR Chairman and CEO Alejandro H. Tengco: resorts.

asr-002246
02:49:52.695 --> 02:49:54.230
PAGCOR Chairman and CEO Alejandro H. Tengco: 1 billion dollars

asr-002247
02:49:54.230 --> 02:49:54.990
PAGCOR Chairman and CEO Alejandro H. Tengco: po yun

asr-002248
02:49:54.990 --> 02:49:56.314
PAGCOR Chairman and CEO Alejandro H. Tengco: and above.

asr-002249
02:49:56.314 --> 02:49:57.035
PAGCOR Chairman and CEO Alejandro H. Tengco: And then,

asr-002250
02:49:57.035 --> 02:49:58.293
PAGCOR Chairman and CEO Alejandro H. Tengco: may susunod po doon

asr-002251
02:49:58.293 --> 02:49:59.212
PAGCOR Chairman and CEO Alejandro H. Tengco: na kategorya,

asr-002252
02:49:59.212 --> 02:50:00.582
PAGCOR Chairman and CEO Alejandro H. Tengco: 400 to 500

asr-002253
02:50:00.582 --> 02:50:02.220
PAGCOR Chairman and CEO Alejandro H. Tengco: million US dollars.

asr-002254
02:50:02.220 --> 02:50:03.231
PAGCOR Chairman and CEO Alejandro H. Tengco: Pababa po yun

asr-002255
02:50:03.231 --> 02:50:04.577
PAGCOR Chairman and CEO Alejandro H. Tengco: hanggang sa lowest

asr-002256
02:50:04.577 --> 02:50:05.409
PAGCOR Chairman and CEO Alejandro H. Tengco: category

asr-002257
02:50:05.409 --> 02:50:07.317
PAGCOR Chairman and CEO Alejandro H. Tengco: na 100 million

asr-002258
02:50:07.317 --> 02:50:08.551
PAGCOR Chairman and CEO Alejandro H. Tengco: US dollars.

asr-002259
02:50:08.551 --> 02:50:09.385
PAGCOR Chairman and CEO Alejandro H. Tengco: So, yeah,

asr-002260
02:50:09.385 --> 02:50:10.104
PAGCOR Chairman and CEO Alejandro H. Tengco: I think that's

asr-002261
02:50:10.104 --> 02:50:10.956
PAGCOR Chairman and CEO Alejandro H. Tengco: very important,

asr-002262
02:50:10.956 --> 02:50:11.921
PAGCOR Chairman and CEO Alejandro H. Tengco: Madam Chair, no?

asr-002263
02:50:11.921 --> 02:50:12.933
PAGCOR Chairman and CEO Alejandro H. Tengco: So, you will

asr-002264
02:50:12.933 --> 02:50:13.875
PAGCOR Chairman and CEO Alejandro H. Tengco: understand what's

asr-002265
02:50:13.875 --> 02:50:15.043
PAGCOR Chairman and CEO Alejandro H. Tengco: integrated resorts

asr-002266
02:50:15.043 --> 02:50:15.671
PAGCOR Chairman and CEO Alejandro H. Tengco: is all about,

asr-002267
02:50:15.671 --> 02:50:17.131
PAGCOR Chairman and CEO Alejandro H. Tengco: which they have to

asr-002268
02:50:17.131 --> 02:50:18.747
PAGCOR Chairman and CEO Alejandro H. Tengco: infuse not less

asr-002269
02:50:18.747 --> 02:50:19.690
PAGCOR Chairman and CEO Alejandro H. Tengco: than a billion

asr-002270
02:50:19.690 --> 02:50:20.746
PAGCOR Chairman and CEO Alejandro H. Tengco: US dollars.

asr-002271
02:50:20.746 --> 02:50:22.608
PAGCOR Chairman and CEO Alejandro H. Tengco: So, we're talking

asr-002272
02:50:22.608 --> 02:50:23.305
PAGCOR Chairman and CEO Alejandro H. Tengco: about around

asr-002273
02:50:23.305 --> 02:50:24.853
PAGCOR Chairman and CEO Alejandro H. Tengco: 60 billion US pesos.

asr-002274
02:50:24.853 --> 02:50:25.751
PAGCOR Chairman and CEO Alejandro H. Tengco: Now, the remaining

asr-002275
02:50:25.751 --> 02:50:27.840
PAGCOR Chairman and CEO Alejandro H. Tengco: casinos

asr-002276
02:50:27.840 --> 02:50:29.995
PAGCOR Chairman and CEO Alejandro H. Tengco: o yung natitirang

asr-002277
02:50:29.995 --> 02:50:31.589
PAGCOR Chairman and CEO Alejandro H. Tengco: casino Pilipino

asr-002278
02:50:31.589 --> 02:50:32.285
PAGCOR Chairman and CEO Alejandro H. Tengco: natin,

asr-002279
02:50:32.285 --> 02:50:33.722
Rep. Presley C. De Jesus: yung mga bibili

asr-002280
02:50:33.722 --> 02:50:33.982
Rep. Presley C. De Jesus: niyan,

asr-002281
02:50:33.982 --> 02:50:36.162
Rep. Presley C. De Jesus: they will not be

asr-002282
02:50:36.162 --> 02:50:36.502
Rep. Presley C. De Jesus: considered

asr-002283
02:50:36.502 --> 02:50:37.962
Rep. Presley C. De Jesus: integrated resorts

asr-002284
02:50:37.962 --> 02:50:38.202
Rep. Presley C. De Jesus: kasi

asr-002285
02:50:38.202 --> 02:50:40.302
Rep. Presley C. De Jesus: in totality,

asr-002286
02:50:40.302 --> 02:50:41.576
Rep. Presley C. De Jesus: 30 billion lang yun eh.

asr-002287
02:50:41.576 --> 02:50:43.207
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po

asr-002288
02:50:43.207 --> 02:50:44.391
PAGCOR Chairman and CEO Alejandro H. Tengco: magiging

asr-002289
02:50:44.391 --> 02:50:46.067
PAGCOR Chairman and CEO Alejandro H. Tengco: integrated resorts

asr-002290
02:50:46.067 --> 02:50:46.805
PAGCOR Chairman and CEO Alejandro H. Tengco: ng classification.

asr-002291
02:50:46.805 --> 02:50:48.325
PAGCOR Chairman and CEO Alejandro H. Tengco: Yun po ay

asr-002292
02:50:48.325 --> 02:50:49.396
PAGCOR Chairman and CEO Alejandro H. Tengco: magiging

asr-002293
02:50:49.396 --> 02:50:50.157
PAGCOR Chairman and CEO Alejandro H. Tengco: classification

asr-002294
02:50:50.157 --> 02:50:50.697
PAGCOR Chairman and CEO Alejandro H. Tengco: ng

asr-002295
02:50:50.697 --> 02:50:51.907
PAGCOR Chairman and CEO Alejandro H. Tengco: halos community

asr-002296
02:50:51.907 --> 02:50:52.575
PAGCOR Chairman and CEO Alejandro H. Tengco: casino.

asr-002297
02:50:52.575 --> 02:50:53.245
PAGCOR Chairman and CEO Alejandro H. Tengco: Kumbaga,

asr-002298
02:50:53.245 --> 02:50:54.461
PAGCOR Chairman and CEO Alejandro H. Tengco: nag-umpisa sa platinum,

asr-002299
02:50:54.461 --> 02:50:55.128
PAGCOR Chairman and CEO Alejandro H. Tengco: may gold,

asr-002300
02:50:55.128 --> 02:50:55.867
PAGCOR Chairman and CEO Alejandro H. Tengco: may silver,

asr-002301
02:50:55.867 --> 02:50:56.797
PAGCOR Chairman and CEO Alejandro H. Tengco: baka po nandoon

asr-002302
02:50:56.797 --> 02:50:57.703
PAGCOR Chairman and CEO Alejandro H. Tengco: sa bronze yun.

asr-002303
02:50:57.703 --> 02:50:58.847
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron din pong

asr-002304
02:50:58.847 --> 02:51:04.139
PAGCOR Chairman and CEO Alejandro H. Tengco: minimum amount

asr-002305
02:51:04.139 --> 02:51:04.839
PAGCOR Chairman and CEO Alejandro H. Tengco: na dapat

asr-002306
02:51:04.839 --> 02:51:05.731
PAGCOR Chairman and CEO Alejandro H. Tengco: gastusin.

asr-002307
02:51:05.731 --> 02:51:06.928
PAGCOR Chairman and CEO Alejandro H. Tengco: At aside from that,

asr-002308
02:51:06.928 --> 02:51:07.842
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

asr-002309
02:51:07.842 --> 02:51:08.734
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman Jesus,

asr-002310
02:51:08.734 --> 02:51:10.692
PAGCOR Chairman and CEO Alejandro H. Tengco: ang pagkakaiba din po

asr-002311
02:51:10.692 --> 02:51:12.367
PAGCOR Chairman and CEO Alejandro H. Tengco: yung fee structure.

asr-002312
02:51:12.367 --> 02:51:13.259
PAGCOR Chairman and CEO Alejandro H. Tengco: Pagka malaki po

asr-002313
02:51:13.259 --> 02:51:14.216
PAGCOR Chairman and CEO Alejandro H. Tengco: yung investment nyo,

asr-002314
02:51:14.216 --> 02:51:15.283
PAGCOR Chairman and CEO Alejandro H. Tengco: mas mababa yung

asr-002315
02:51:15.283 --> 02:51:16.631
PAGCOR Chairman and CEO Alejandro H. Tengco: regulatory fee

asr-002316
02:51:16.631 --> 02:51:17.719
PAGCOR Chairman and CEO Alejandro H. Tengco: na binabayaran mo.

asr-002317
02:51:17.719 --> 02:51:18.350
PAGCOR Chairman and CEO Alejandro H. Tengco: Pagka mas mababa

asr-002318
02:51:18.350 --> 02:51:18.916
PAGCOR Chairman and CEO Alejandro H. Tengco: mas maliit,

asr-002319
02:51:18.916 --> 02:51:19.829
PAGCOR Chairman and CEO Alejandro H. Tengco: palaki ng palaki

asr-002320
02:51:19.829 --> 02:51:21.004
PAGCOR Chairman and CEO Alejandro H. Tengco: yung regulatory fee.

asr-002321
02:51:21.004 --> 02:51:22.071
PAGCOR Chairman and CEO Alejandro H. Tengco: So, dun po sa

asr-002322
02:51:22.071 --> 02:51:23.616
PAGCOR Chairman and CEO Alejandro H. Tengco: apat na pong

asr-002323
02:51:23.616 --> 02:51:26.269
PAGCOR Chairman and CEO Alejandro H. Tengco: halos 30 plus

asr-002324
02:51:26.269 --> 02:51:27.684
PAGCOR Chairman and CEO Alejandro H. Tengco: high 30s

asr-002325
02:51:27.684 --> 02:51:28.641
PAGCOR Chairman and CEO Alejandro H. Tengco: na casino

asr-002326
02:51:28.641 --> 02:51:29.729
PAGCOR Chairman and CEO Alejandro H. Tengco: Filipino branches

asr-002327
02:51:29.729 --> 02:51:30.189
PAGCOR Chairman and CEO Alejandro H. Tengco: na

asr-002328
02:51:30.189 --> 02:51:32.374
PAGCOR Chairman and CEO Alejandro H. Tengco: mapaprioritize,

asr-002329
02:51:32.374 --> 02:51:33.302
PAGCOR Chairman and CEO Alejandro H. Tengco: mas malaki po

asr-002330
02:51:33.302 --> 02:51:34.230
PAGCOR Chairman and CEO Alejandro H. Tengco: ang bayad nila

asr-002331
02:51:34.230 --> 02:51:35.706
PAGCOR Chairman and CEO Alejandro H. Tengco: ng license fees

asr-002332
02:51:35.706 --> 02:51:36.962
PAGCOR Chairman and CEO Alejandro H. Tengco: compared

asr-002333
02:51:36.962 --> 02:51:38.355
PAGCOR Chairman and CEO Alejandro H. Tengco: dun sa mga

asr-002334
02:51:38.355 --> 02:51:39.365
PAGCOR Chairman and CEO Alejandro H. Tengco: nag-invest.

asr-002335
02:51:39.365 --> 02:51:40.758
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil binibigyan po

asr-002336
02:51:40.758 --> 02:51:41.258
PAGCOR Chairman and CEO Alejandro H. Tengco: natin ang

asr-002337
02:51:41.258 --> 02:51:42.538
PAGCOR Chairman and CEO Alejandro H. Tengco: pagpapahalaga,

asr-002338
02:51:42.538 --> 02:51:42.858
PAGCOR Chairman and CEO Alejandro H. Tengco: una,

asr-002339
02:51:42.858 --> 02:51:43.871
PAGCOR Chairman and CEO Alejandro H. Tengco: yung investment,

asr-002340
02:51:43.871 --> 02:51:45.160
PAGCOR Chairman and CEO Alejandro H. Tengco: mas malaki investment,

asr-002341
02:51:45.160 --> 02:51:46.421
PAGCOR Chairman and CEO Alejandro H. Tengco: mas malaking tulong

asr-002342
02:51:46.421 --> 02:51:47.434
PAGCOR Chairman and CEO Alejandro H. Tengco: sa turismo

asr-002343
02:51:47.434 --> 02:51:49.380
PAGCOR Chairman and CEO Alejandro H. Tengco: at sa

asr-002344
02:51:49.380 --> 02:51:50.806
PAGCOR Chairman and CEO Alejandro H. Tengco: ating mga kababay.

asr-002345
02:51:50.806 --> 02:51:52.176
PAGCOR Chairman and CEO Alejandro H. Tengco: And number two,

asr-002346
02:51:52.176 --> 02:51:53.029
PAGCOR Chairman and CEO Alejandro H. Tengco: marami,

asr-002347
02:51:53.029 --> 02:51:54.042
PAGCOR Chairman and CEO Alejandro H. Tengco: libo-libo po

asr-002348
02:51:54.042 --> 02:51:56.536
PAGCOR Chairman and CEO Alejandro H. Tengco: na-employ nila.

asr-002349
02:51:56.536 --> 02:51:57.277
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

asr-002350
02:51:57.277 --> 02:51:58.784
PAGCOR Chairman and CEO Alejandro H. Tengco: may parang incentive

asr-002351
02:51:58.784 --> 02:51:59.717
PAGCOR Chairman and CEO Alejandro H. Tengco: po sa kanila,

asr-002352
02:51:59.717 --> 02:52:01.361
PAGCOR Chairman and CEO Alejandro H. Tengco: mas mababa naman po

asr-002353
02:52:01.361 --> 02:52:03.087
PAGCOR Chairman and CEO Alejandro H. Tengco: yung binabayad nilang

asr-002354
02:52:03.087 --> 02:52:04.458
PAGCOR Chairman and CEO Alejandro H. Tengco: license fees.

asr-002355
02:52:04.458 --> 02:52:05.227
Rep. Presley C. De Jesus: Thank you,

asr-002356
02:52:05.227 --> 02:52:05.997
Rep. Presley C. De Jesus: Madam Chair.

asr-002357
02:52:05.997 --> 02:52:07.341
Rep. Presley C. De Jesus: My next question,

asr-002358
02:52:07.341 --> 02:52:08.272
Rep. Presley C. De Jesus: you said,

asr-002359
02:52:08.272 --> 02:52:09.095
Rep. Presley C. De Jesus: you mentioned

asr-002360
02:52:09.095 --> 02:52:10.465
Rep. Presley C. De Jesus: a while ago also

asr-002361
02:52:10.465 --> 02:52:10.745
Rep. Presley C. De Jesus: that

asr-002362
02:52:10.745 --> 02:52:12.425
Rep. Presley C. De Jesus: the online gaming

asr-002363
02:52:12.425 --> 02:52:13.160
Rep. Presley C. De Jesus: platform

asr-002364
02:52:13.160 --> 02:52:14.525
Rep. Presley C. De Jesus: tinatalo na

asr-002365
02:52:14.525 --> 02:52:15.407
Rep. Presley C. De Jesus: ang land-based

asr-002366
02:52:15.407 --> 02:52:16.205
Rep. Presley C. De Jesus: casino, no?

asr-002367
02:52:16.205 --> 02:52:16.925
Rep. Presley C. De Jesus: Kasi,

asr-002368
02:52:16.925 --> 02:52:17.897
Rep. Presley C. De Jesus: iba na ngayon,

asr-002369
02:52:17.897 --> 02:52:18.640
Rep. Presley C. De Jesus: gusto ng mga tao

asr-002370
02:52:18.640 --> 02:52:19.361
Rep. Presley C. De Jesus: tabad na ay

asr-002371
02:52:19.361 --> 02:52:20.486
Rep. Presley C. De Jesus: ng pupunta.

asr-002372
02:52:20.486 --> 02:52:22.078
Rep. Presley C. De Jesus: With that regard,

asr-002373
02:52:22.078 --> 02:52:22.631
Rep. Presley C. De Jesus: hindi ko ba

asr-002374
02:52:22.631 --> 02:52:23.713
Rep. Presley C. De Jesus: makakapekto

asr-002375
02:52:23.713 --> 02:52:24.689
Rep. Presley C. De Jesus: sa

asr-002376
02:52:24.689 --> 02:52:27.109
Rep. Presley C. De Jesus: privatization

asr-002377
02:52:27.109 --> 02:52:27.529
Rep. Presley C. De Jesus: po

asr-002378
02:52:27.529 --> 02:52:28.415
Rep. Presley C. De Jesus: ng mga natitirang

asr-002379
02:52:28.415 --> 02:52:29.343
Rep. Presley C. De Jesus: casino Pilipinas

asr-002380
02:52:29.343 --> 02:52:30.089
Rep. Presley C. De Jesus: natin dahil

asr-002381
02:52:30.089 --> 02:52:32.124
Rep. Presley C. De Jesus: para sa kanila

asr-002382
02:52:32.124 --> 02:52:34.221
Rep. Presley C. De Jesus: nagde-devaluate

asr-002383
02:52:34.221 --> 02:52:34.885
Rep. Presley C. De Jesus: niya yung

asr-002384
02:52:34.885 --> 02:52:36.115
Rep. Presley C. De Jesus: halaga

asr-002385
02:52:36.115 --> 02:52:37.223
Rep. Presley C. De Jesus: ng inyong

asr-002386
02:52:37.223 --> 02:52:38.210
Rep. Presley C. De Jesus: binabentang casino?

asr-002387
02:52:38.210 --> 02:52:38.490
Rep. Presley C. De Jesus: Kasi,

asr-002388
02:52:38.490 --> 02:52:39.169
Rep. Presley C. De Jesus: kung ako,

asr-002389
02:52:39.169 --> 02:52:41.102
Rep. Presley C. De Jesus: if I have a billion dollars,

asr-002390
02:52:41.102 --> 02:52:41.901
Rep. Presley C. De Jesus: mag-apply na lang

asr-002391
02:52:41.901 --> 02:52:42.577
Rep. Presley C. De Jesus: bago,

asr-002392
02:52:42.577 --> 02:52:43.906
Rep. Presley C. De Jesus: bago na yung building ko,

asr-002393
02:52:43.906 --> 02:52:44.850
Rep. Presley C. De Jesus: bago na lahat.

asr-002394
02:52:44.850 --> 02:52:45.270
Rep. Presley C. De Jesus: So,

asr-002395
02:52:45.270 --> 02:52:46.793
Rep. Presley C. De Jesus: habang tumatagal yan,

asr-002396
02:52:46.793 --> 02:52:48.510
Rep. Presley C. De Jesus: nagde-decline yung value

asr-002397
02:52:48.510 --> 02:52:48.990
Rep. Presley C. De Jesus: from,

asr-002398
02:52:48.990 --> 02:52:50.434
Rep. Presley C. De Jesus: you said a while ago,

asr-002399
02:52:50.434 --> 02:52:51.471
Rep. Presley C. De Jesus: 30 billions

asr-002400
02:52:51.471 --> 02:52:52.346
Rep. Presley C. De Jesus: almost

asr-002401
02:52:52.346 --> 02:52:53.790
Rep. Presley C. De Jesus: all of the casinos.

asr-002402
02:52:53.790 --> 02:52:54.210
Rep. Presley C. De Jesus: Baka,

asr-002403
02:52:54.210 --> 02:52:56.388
Rep. Presley C. De Jesus: by that time na ma-approve na yan,

asr-002404
02:52:56.388 --> 02:52:58.057
Rep. Presley C. De Jesus: baka kalahati na lang

asr-002405
02:52:58.057 --> 02:52:59.073
Rep. Presley C. De Jesus: yan ang presyo niya.

asr-002406
02:52:59.073 --> 02:53:00.261
Rep. Presley C. De Jesus: What will happen

asr-002407
02:53:00.261 --> 02:53:02.892
Rep. Presley C. De Jesus: kapag nangyari yan?

asr-002408
02:53:02.892 --> 02:53:04.277
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po sa inyong katanungan, Congressman De Jesus.

asr-002409
02:53:04.277 --> 02:53:06.057
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman De Jesus,

asr-002410
02:53:06.057 --> 02:53:07.050
PAGCOR Chairman and CEO Alejandro H. Tengco: actually,

asr-002411
02:53:07.050 --> 02:53:08.408
PAGCOR Chairman and CEO Alejandro H. Tengco: may merkado po

asr-002412
02:53:08.408 --> 02:53:09.680
PAGCOR Chairman and CEO Alejandro H. Tengco: yung community casinos.

asr-002413
02:53:09.680 --> 02:53:11.151
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang totoo,

asr-002414
02:53:11.151 --> 02:53:12.337
PAGCOR Chairman and CEO Alejandro H. Tengco: malakas din siya.

asr-002415
02:53:12.337 --> 02:53:13.077
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi,

asr-002416
02:53:13.077 --> 02:53:13.869
PAGCOR Chairman and CEO Alejandro H. Tengco: iba po yung

asr-002417
02:53:13.869 --> 02:53:15.791
PAGCOR Chairman and CEO Alejandro H. Tengco: nagpe-patronize nun

asr-002418
02:53:15.791 --> 02:53:17.403
PAGCOR Chairman and CEO Alejandro H. Tengco: kesa dun sa mga

asr-002419
02:53:17.403 --> 02:53:19.015
PAGCOR Chairman and CEO Alejandro H. Tengco: integrated resorts.

asr-002420
02:53:19.015 --> 02:53:20.712
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung pong mga

asr-002421
02:53:20.712 --> 02:53:22.635
PAGCOR Chairman and CEO Alejandro H. Tengco: ayaw nang lumayo

asr-002422
02:53:22.635 --> 02:53:24.501
PAGCOR Chairman and CEO Alejandro H. Tengco: sa kanilang mga area.

asr-002424
02:53:24.501 --> 02:53:25.887
PAGCOR Chairman and CEO Alejandro H. Tengco: imbis na magbiyahe

asr-002425
02:53:25.887 --> 02:53:27.808
PAGCOR Chairman and CEO Alejandro H. Tengco: papapunta sa Paranaque,

asr-002426
02:53:27.808 --> 02:53:28.574
PAGCOR Chairman and CEO Alejandro H. Tengco: dun na lang

asr-002427
02:53:28.574 --> 02:53:29.790
PAGCOR Chairman and CEO Alejandro H. Tengco: sa kanilang area

asr-002428
02:53:29.790 --> 02:53:32.108
PAGCOR Chairman and CEO Alejandro H. Tengco: maglaro.

asr-002429
02:53:32.108 --> 02:53:34.908
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang natitiya ko lang po,

asr-002430
02:53:34.908 --> 02:53:35.428
PAGCOR Chairman and CEO Alejandro H. Tengco: yung

asr-002431
02:53:35.428 --> 02:53:37.265
PAGCOR Chairman and CEO Alejandro H. Tengco: efficiency

asr-002432
02:53:37.265 --> 02:53:38.463
PAGCOR Chairman and CEO Alejandro H. Tengco: ng casino

asr-002433
02:53:38.463 --> 02:53:40.193
PAGCOR Chairman and CEO Alejandro H. Tengco: na maliit,

asr-002434
02:53:40.193 --> 02:53:41.364
PAGCOR Chairman and CEO Alejandro H. Tengco: lalaki po eh.

asr-002435
02:53:41.364 --> 02:53:42.510
PAGCOR Chairman and CEO Alejandro H. Tengco: Compared to

asr-002436
02:53:42.510 --> 02:53:43.841
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pagpapatakpo

asr-002437
02:53:43.841 --> 02:53:45.358
PAGCOR Chairman and CEO Alejandro H. Tengco: ng gobyerno

asr-002438
02:53:45.358 --> 02:53:46.317
PAGCOR Chairman and CEO Alejandro H. Tengco: o ng PAGCOR

asr-002439
02:53:46.317 --> 02:53:47.755
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pangkasalukuyan.

asr-002440
02:53:47.755 --> 02:53:49.166
PAGCOR Chairman and CEO Alejandro H. Tengco: Sabi ko nga ho eh,

asr-002441
02:53:49.166 --> 02:53:49.942
PAGCOR Chairman and CEO Alejandro H. Tengco: ah,

asr-002442
02:53:49.942 --> 02:53:51.939
PAGCOR Chairman and CEO Alejandro H. Tengco: yung casino filipino,

asr-002443
02:53:51.939 --> 02:53:52.767
PAGCOR Chairman and CEO Alejandro H. Tengco: niwala,

asr-002444
02:53:52.767 --> 02:53:54.150
PAGCOR Chairman and CEO Alejandro H. Tengco: bibili na lang kami

asr-002445
02:53:54.150 --> 02:53:56.147
PAGCOR Chairman and CEO Alejandro H. Tengco: your honor

asr-002446
02:53:56.147 --> 02:53:57.160
PAGCOR Chairman and CEO Alejandro H. Tengco: ng tubig

asr-002447
02:53:57.160 --> 02:53:58.225
PAGCOR Chairman and CEO Alejandro H. Tengco: at kape,

asr-002448
02:53:58.225 --> 02:53:59.822
PAGCOR Chairman and CEO Alejandro H. Tengco: magpapabiding pa kami.

asr-002449
02:53:59.822 --> 02:54:00.102
PAGCOR Chairman and CEO Alejandro H. Tengco: Eh,

asr-002450
02:54:00.102 --> 02:54:01.341
PAGCOR Chairman and CEO Alejandro H. Tengco: kung nasa privado

asr-002451
02:54:01.341 --> 02:54:02.814
PAGCOR Chairman and CEO Alejandro H. Tengco: sektor na po yan,

asr-002452
02:54:02.814 --> 02:54:04.079
PAGCOR Chairman and CEO Alejandro H. Tengco: pati yung pagbibigay

asr-002453
02:54:04.079 --> 02:54:05.293
PAGCOR Chairman and CEO Alejandro H. Tengco: ng pagkain,

asr-002454
02:54:05.293 --> 02:54:06.096
PAGCOR Chairman and CEO Alejandro H. Tengco: halimbawa,

asr-002455
02:54:06.096 --> 02:54:07.361
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi na dadaan

asr-002456
02:54:07.361 --> 02:54:09.195
PAGCOR Chairman and CEO Alejandro H. Tengco: sa mga ganyang proseso.

asr-002457
02:54:09.195 --> 02:54:09.895
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

asr-002458
02:54:09.895 --> 02:54:11.496
PAGCOR Chairman and CEO Alejandro H. Tengco: naniniwala po ako,

asr-002459
02:54:11.496 --> 02:54:12.582
PAGCOR Chairman and CEO Alejandro H. Tengco: through,

asr-002460
02:54:12.582 --> 02:54:13.669
PAGCOR Chairman and CEO Alejandro H. Tengco: ah,

asr-002461
02:54:13.669 --> 02:54:14.599
PAGCOR Chairman and CEO Alejandro H. Tengco: pababa po

asr-002462
02:54:14.599 --> 02:54:15.426
PAGCOR Chairman and CEO Alejandro H. Tengco: ang value,

asr-002463
02:54:15.426 --> 02:54:16.126
PAGCOR Chairman and CEO Alejandro H. Tengco: pero,

asr-002464
02:54:16.126 --> 02:54:17.236
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi din po

asr-002465
02:54:17.236 --> 02:54:18.192
PAGCOR Chairman and CEO Alejandro H. Tengco: basta-basta

asr-002466
02:54:18.192 --> 02:54:19.845
PAGCOR Chairman and CEO Alejandro H. Tengco: isasantabi yan.

asr-002467
02:54:19.845 --> 02:54:20.673
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil,

asr-002468
02:54:20.673 --> 02:54:22.120
PAGCOR Chairman and CEO Alejandro H. Tengco: ang

asr-002469
02:54:22.120 --> 02:54:24.108
PAGCOR Chairman and CEO Alejandro H. Tengco: pag-aaral po namin,

asr-002470
02:54:24.108 --> 02:54:25.244
PAGCOR Chairman and CEO Alejandro H. Tengco: instead na mag,

asr-002471
02:54:25.244 --> 02:54:26.872
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pangkasalukuyan kasi,

asr-002472
02:54:26.872 --> 02:54:28.318
PAGCOR Chairman and CEO Alejandro H. Tengco: kaya nalulugi po,

asr-002473
02:54:28.318 --> 02:54:29.584
PAGCOR Chairman and CEO Alejandro H. Tengco: isang major

asr-002474
02:54:29.584 --> 02:54:30.849
PAGCOR Chairman and CEO Alejandro H. Tengco: na kadahilanan.

asr-002475
02:54:30.849 --> 02:54:32.863
PAGCOR Chairman and CEO Alejandro H. Tengco: 70% po kasi

asr-002476
02:54:32.863 --> 02:54:33.534
PAGCOR Chairman and CEO Alejandro H. Tengco: ng kita,

asr-002477
02:54:33.534 --> 02:54:34.697
PAGCOR Chairman and CEO Alejandro H. Tengco: itinatapo na

asr-002478
02:54:34.697 --> 02:54:36.248
PAGCOR Chairman and CEO Alejandro H. Tengco: papunta sa gobyerno.

asr-002479
02:54:36.248 --> 02:54:37.178
PAGCOR Chairman and CEO Alejandro H. Tengco: Samantalang,

asr-002480
02:54:37.178 --> 02:54:38.417
PAGCOR Chairman and CEO Alejandro H. Tengco: kung privado ka na,

asr-002481
02:54:38.417 --> 02:54:39.811
PAGCOR Chairman and CEO Alejandro H. Tengco: ang babayaran mo na,

asr-002482
02:54:39.811 --> 02:54:40.745
PAGCOR Chairman and CEO Alejandro H. Tengco: na lang,

asr-002483
02:54:40.745 --> 02:54:41.468
PAGCOR Chairman and CEO Alejandro H. Tengco: ay yung

asr-002484
02:54:41.468 --> 02:54:42.708
PAGCOR Chairman and CEO Alejandro H. Tengco: franchise tax

asr-002485
02:54:42.708 --> 02:54:43.896
PAGCOR Chairman and CEO Alejandro H. Tengco: na 5%

asr-002486
02:54:43.896 --> 02:54:44.774
PAGCOR Chairman and CEO Alejandro H. Tengco: at

asr-002487
02:54:44.774 --> 02:54:46.298
PAGCOR Chairman and CEO Alejandro H. Tengco: yung,

asr-002488
02:54:46.298 --> 02:54:48.132
PAGCOR Chairman and CEO Alejandro H. Tengco: yung license fees,

asr-002489
02:54:48.132 --> 02:54:49.090
PAGCOR Chairman and CEO Alejandro H. Tengco: ano man yun.

asr-002490
02:54:49.090 --> 02:54:50.511
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi bababa po yun

asr-002491
02:54:50.511 --> 02:54:51.673
PAGCOR Chairman and CEO Alejandro H. Tengco: sa 25%

asr-002492
02:54:51.673 --> 02:54:52.991
PAGCOR Chairman and CEO Alejandro H. Tengco: to 30%.

asr-002493
02:54:52.991 --> 02:54:53.742
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

asr-002494
02:54:53.742 --> 02:54:54.646
PAGCOR Chairman and CEO Alejandro H. Tengco: dun lang po,

asr-002495
02:54:54.646 --> 02:54:56.092
PAGCOR Chairman and CEO Alejandro H. Tengco: malaking menos na yun.

asr-002496
02:54:56.092 --> 02:54:56.764
PAGCOR Chairman and CEO Alejandro H. Tengco: Pangalawa,

asr-002497
02:54:56.764 --> 02:54:57.590
PAGCOR Chairman and CEO Alejandro H. Tengco: your honor,

asr-002498
02:54:57.590 --> 02:54:58.701
PAGCOR Chairman and CEO Alejandro H. Tengco: natitiya kong

asr-002499
02:54:58.701 --> 02:54:59.451
PAGCOR Chairman and CEO Alejandro H. Tengco: isa pa,

asr-002500
02:54:59.451 --> 02:55:01.440
PAGCOR Chairman and CEO Alejandro H. Tengco: yung number of employees,

asr-002501
02:55:01.440 --> 02:55:02.733
PAGCOR Chairman and CEO Alejandro H. Tengco: sobra-sobra po

asr-002502
02:55:02.733 --> 02:55:04.876
PAGCOR Chairman and CEO Alejandro H. Tengco: ang dami ng empleyado namin eh.

asr-002503
02:55:04.876 --> 02:55:05.176
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

asr-002504
02:55:05.176 --> 02:55:06.066
PAGCOR Chairman and CEO Alejandro H. Tengco: pag nagbawas na yung

asr-002505
02:55:06.066 --> 02:55:06.807
PAGCOR Chairman and CEO Alejandro H. Tengco: nagpapatakbong

asr-002506
02:55:06.807 --> 02:55:07.695
PAGCOR Chairman and CEO Alejandro H. Tengco: privado sektor

asr-002507
02:55:07.695 --> 02:55:09.054
PAGCOR Chairman and CEO Alejandro H. Tengco: at it will be run

asr-002508
02:55:09.054 --> 02:55:09.853
PAGCOR Chairman and CEO Alejandro H. Tengco: professionally,

asr-002509
02:55:09.853 --> 02:55:10.108
PAGCOR Chairman and CEO Alejandro H. Tengco: eh,

asr-002510
02:55:10.108 --> 02:55:10.723
PAGCOR Chairman and CEO Alejandro H. Tengco: natitiya ko,

asr-002511
02:55:10.723 --> 02:55:11.376
PAGCOR Chairman and CEO Alejandro H. Tengco: pababa din

asr-002512
02:55:11.376 --> 02:55:12.119
PAGCOR Chairman and CEO Alejandro H. Tengco: ang cost niya

asr-002513
02:55:12.119 --> 02:55:13.116
PAGCOR Chairman and CEO Alejandro H. Tengco: dun sa

asr-002514
02:55:13.116 --> 02:55:14.875
PAGCOR Chairman and CEO Alejandro H. Tengco: pagpapasweldo

asr-002515
02:55:14.875 --> 02:55:15.402
PAGCOR Chairman and CEO Alejandro H. Tengco: ng tao.

asr-002516
02:55:17.596 --> 02:55:18.836
PAGCOR Chairman and CEO Alejandro H. Tengco: Binanggit ko po

asr-002517
02:55:18.836 --> 02:55:19.616
PAGCOR Chairman and CEO Alejandro H. Tengco: kanina rito,

asr-002519
02:55:19.616 --> 02:55:21.036
PAGCOR Chairman and CEO Alejandro H. Tengco: saan kayo nakakita?

asr-002520
02:55:21.436 --> 02:55:22.336
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang payroll po

asr-002521
02:55:22.336 --> 02:55:23.070
PAGCOR Chairman and CEO Alejandro H. Tengco: ng PAGCOR

asr-002522
02:55:23.070 --> 02:55:24.384
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pangkasalukoyan,

asr-002523
02:55:24.384 --> 02:55:25.068
PAGCOR Chairman and CEO Alejandro H. Tengco: mahigit

asr-002524
02:55:25.068 --> 02:55:27.115
PAGCOR Chairman and CEO Alejandro H. Tengco: isang bilyong piso po

asr-002525
02:55:27.115 --> 02:55:27.976
PAGCOR Chairman and CEO Alejandro H. Tengco: buwan-buwan.

asr-002527
02:55:27.976 --> 02:55:28.886
PAGCOR Chairman and CEO Alejandro H. Tengco: dun lang po,

asr-002528
02:55:28.886 --> 02:55:29.623
PAGCOR Chairman and CEO Alejandro H. Tengco: eh,

asr-002529
02:55:29.623 --> 02:55:31.471
PAGCOR Chairman and CEO Alejandro H. Tengco: ang bigat na nandala namin.

asr-002530
02:55:31.471 --> 02:55:32.179
PAGCOR Chairman and CEO Alejandro H. Tengco: Tapos,

asr-002531
02:55:32.179 --> 02:55:33.013
PAGCOR Chairman and CEO Alejandro H. Tengco: dun po sa

asr-002532
02:55:33.013 --> 02:55:34.556
PAGCOR Chairman and CEO Alejandro H. Tengco: upa

asr-002533
02:55:34.556 --> 02:55:35.972
PAGCOR Chairman and CEO Alejandro H. Tengco: ng casino

asr-002534
02:55:35.972 --> 02:55:37.641
PAGCOR Chairman and CEO Alejandro H. Tengco: Filipino properties,

asr-002535
02:55:37.641 --> 02:55:40.044
PAGCOR Chairman and CEO Alejandro H. Tengco: 250 milyong pesos po

asr-002536
02:55:40.044 --> 02:55:41.231
PAGCOR Chairman and CEO Alejandro H. Tengco: halos isang buwan.

asr-002537
02:55:41.231 --> 02:55:41.965
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya,

asr-002538
02:55:41.965 --> 02:55:43.605
PAGCOR Chairman and CEO Alejandro H. Tengco: dun lang sa dalawang item na yun,

asr-002539
02:55:43.605 --> 02:55:45.107
PAGCOR Chairman and CEO Alejandro H. Tengco: halos isang bilyon

asr-002540
02:55:45.107 --> 02:55:46.155
PAGCOR Chairman and CEO Alejandro H. Tengco: at kalahating

asr-002541
02:55:46.155 --> 02:55:50.118
PAGCOR Chairman and CEO Alejandro H. Tengco: 1.5 billion pesos po

asr-002542
02:55:50.118 --> 02:55:51.325
PAGCOR Chairman and CEO Alejandro H. Tengco: ang gastos na namin.

asr-002543
02:55:51.325 --> 02:55:51.937
Rep. Presley C. De Jesus: Thank you,

asr-002544
02:55:51.937 --> 02:55:52.577
Rep. Presley C. De Jesus: Mr. Chair.

asr-002545
02:55:52.577 --> 02:55:54.591
Rep. Presley C. De Jesus: No,

asr-002546
02:55:54.591 --> 02:55:55.147
Rep. Presley C. De Jesus: follow up question.

asr-002547
02:55:55.147 --> 02:55:55.576
Rep. Presley C. De Jesus: Because,

asr-002548
02:55:55.576 --> 02:55:56.066
Rep. Presley C. De Jesus: right now,

asr-002549
02:55:56.066 --> 02:55:56.841
Rep. Presley C. De Jesus: under the PD,

asr-002550
02:55:56.841 --> 02:55:57.271
Rep. Presley C. De Jesus: something,

asr-002551
02:55:57.271 --> 02:55:57.840
Rep. Presley C. De Jesus: you are both

asr-002552
02:55:57.840 --> 02:55:58.870
Rep. Presley C. De Jesus: regulator and operator

asr-002553
02:55:58.870 --> 02:55:59.455
Rep. Presley C. De Jesus: because you have

asr-002554
02:55:59.455 --> 02:56:00.531
Rep. Presley C. De Jesus: casino Filipinas pa kasi,

asr-002555
02:56:00.531 --> 02:56:00.631
Rep. Presley C. De Jesus: no?

asr-002556
02:56:00.771 --> 02:56:01.271
Rep. Presley C. De Jesus: So,

asr-002557
02:56:01.271 --> 02:56:02.043
Rep. Presley C. De Jesus: you're trying to

asr-002558
02:56:02.043 --> 02:56:02.974
Rep. Presley C. De Jesus: decoupling it,

asr-002559
02:56:02.974 --> 02:56:03.679
Rep. Presley C. De Jesus: right?

asr-002560
02:56:03.679 --> 02:56:04.384
Rep. Presley C. De Jesus: So,

asr-002561
02:56:04.384 --> 02:56:05.951
Rep. Presley C. De Jesus: once na-privatize na ito,

asr-002562
02:56:05.951 --> 02:56:06.611
PAGCOR Chairman and CEO Alejandro H. Tengco: automatic,

asr-002563
02:56:06.611 --> 02:56:07.406
PAGCOR Chairman and CEO Alejandro H. Tengco: wala na yung ano,

asr-002564
02:56:07.406 --> 02:56:09.359
PAGCOR Chairman and CEO Alejandro H. Tengco: or needs to be

asr-002565
02:56:09.359 --> 02:56:09.800
PAGCOR Chairman and CEO Alejandro H. Tengco: ah,

asr-002566
02:56:09.800 --> 02:56:10.600
PAGCOR Chairman and CEO Alejandro H. Tengco: le-calibrate o

asr-002567
02:56:10.600 --> 02:56:11.142
PAGCOR Chairman and CEO Alejandro H. Tengco: kailangan ng batas

asr-002568
02:56:11.142 --> 02:56:11.925
PAGCOR Chairman and CEO Alejandro H. Tengco: para maging ano lang kayo,

asr-002569
02:56:11.925 --> 02:56:12.673
PAGCOR Chairman and CEO Alejandro H. Tengco: ah,

asr-002570
02:56:12.673 --> 02:56:13.417
PAGCOR Chairman and CEO Alejandro H. Tengco: regulator?

asr-002571
02:56:13.417 --> 02:56:14.165
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah,

asr-002572
02:56:14.165 --> 02:56:15.064
PAGCOR Chairman and CEO Alejandro H. Tengco: meron po kasing

asr-002573
02:56:15.064 --> 02:56:16.464
PAGCOR Chairman and CEO Alejandro H. Tengco: existing ng batas.

asr-002574
02:56:16.464 --> 02:56:17.442
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung batas po

asr-002575
02:56:17.442 --> 02:56:18.342
PAGCOR Chairman and CEO Alejandro H. Tengco: na spinong,

asr-002578
02:56:18.342 --> 02:56:19.899
PAGCOR Chairman and CEO Alejandro H. Tengco: Senator Frank Drilon

asr-002579
02:56:19.899 --> 02:56:22.002
PAGCOR Chairman and CEO Alejandro H. Tengco: at ito po ay

asr-002580
02:56:22.002 --> 02:56:23.006
PAGCOR Chairman and CEO Alejandro H. Tengco: ang

asr-002581
02:56:23.006 --> 02:56:25.621
PAGCOR Chairman and CEO Alejandro H. Tengco: nakasaad doon,

asr-002582
02:56:25.621 --> 02:56:26.258
PAGCOR Chairman and CEO Alejandro H. Tengco: yung pong

asr-002583
02:56:26.258 --> 02:56:27.529
PAGCOR Chairman and CEO Alejandro H. Tengco: GCG law,

asr-002584
02:56:27.529 --> 02:56:28.800
PAGCOR Chairman and CEO Alejandro H. Tengco: nakasaad po roon

asr-002585
02:56:28.800 --> 02:56:30.048
PAGCOR Chairman and CEO Alejandro H. Tengco: sa isa roon

asr-002586
02:56:30.048 --> 02:56:30.780
PAGCOR Chairman and CEO Alejandro H. Tengco: sa mga

asr-002587
02:56:30.780 --> 02:56:33.054
PAGCOR Chairman and CEO Alejandro H. Tengco: provisions ng batas.

asr-002588
02:56:33.054 --> 02:56:34.326
PAGCOR Chairman and CEO Alejandro H. Tengco: Pag nagkaroon po

asr-002589
02:56:34.326 --> 02:56:35.548
PAGCOR Chairman and CEO Alejandro H. Tengco: ng conflict

asr-002590
02:56:35.548 --> 02:56:37.114
PAGCOR Chairman and CEO Alejandro H. Tengco: ang regulatory

asr-002591
02:56:37.114 --> 02:56:38.434
PAGCOR Chairman and CEO Alejandro H. Tengco: at ang commercial

asr-002592
02:56:38.434 --> 02:56:39.234
PAGCOR Chairman and CEO Alejandro H. Tengco: operations

asr-002593
02:56:39.234 --> 02:56:40.170
PAGCOR Chairman and CEO Alejandro H. Tengco: ng isang

asr-002594
02:56:40.170 --> 02:56:41.544
PAGCOR Chairman and CEO Alejandro H. Tengco: GOCC,

asr-002595
02:56:41.544 --> 02:56:42.450
PAGCOR Chairman and CEO Alejandro H. Tengco: pwede pong

asr-002596
02:56:42.450 --> 02:56:44.074
PAGCOR Chairman and CEO Alejandro H. Tengco: paghiwalayin ito.

asr-002597
02:56:44.074 --> 02:56:44.834
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya,

asr-002598
02:56:44.834 --> 02:56:45.395
PAGCOR Chairman and CEO Alejandro H. Tengco: doon po

asr-002599
02:56:45.395 --> 02:56:46.110
PAGCOR Chairman and CEO Alejandro H. Tengco: naka-anchor

asr-002600
02:56:46.110 --> 02:56:47.093
PAGCOR Chairman and CEO Alejandro H. Tengco: ang magiging

asr-002601
02:56:47.093 --> 02:56:47.855
PAGCOR Chairman and CEO Alejandro H. Tengco: rekomendasyon

asr-002602
02:56:47.855 --> 02:56:48.680
PAGCOR Chairman and CEO Alejandro H. Tengco: ng government

asr-002603
02:56:48.680 --> 02:56:50.040
PAGCOR Chairman and CEO Alejandro H. Tengco: ng government.

asr-002607
02:56:50.040 --> 02:56:50.340
PAGCOR Chairman and CEO Alejandro H. Tengco: Commission

asr-002608
02:56:50.340 --> 02:56:51.125
PAGCOR Chairman and CEO Alejandro H. Tengco: for

asr-002609
02:56:51.125 --> 02:56:52.443
PAGCOR Chairman and CEO Alejandro H. Tengco: GOCC

asr-002610
02:56:52.443 --> 02:56:53.846
PAGCOR Chairman and CEO Alejandro H. Tengco: sa tanggapan

asr-002611
02:56:53.846 --> 02:56:54.590
PAGCOR Chairman and CEO Alejandro H. Tengco: ng Pangulo

asr-002612
02:56:54.590 --> 02:56:55.760
PAGCOR Chairman and CEO Alejandro H. Tengco: ng Pilipinas.

asr-002613
02:56:55.760 --> 02:56:56.401
PAGCOR Chairman and CEO Alejandro H. Tengco: Thank you.

asr-002614
02:56:56.401 --> 02:56:57.655
Rep. Presley C. De Jesus: You also mentioned

asr-002615
02:56:57.655 --> 02:56:58.420
Rep. Presley C. De Jesus: ago that

asr-002616
02:56:58.420 --> 02:56:59.674
Rep. Presley C. De Jesus: almost 100 million

asr-002617
02:56:59.674 --> 02:57:00.929
Rep. Presley C. De Jesus: were being

asr-002618
02:57:00.929 --> 02:57:01.673
Rep. Presley C. De Jesus: penalized

asr-002619
02:57:01.673 --> 02:57:02.758
Rep. Presley C. De Jesus: because of the

asr-002620
02:57:02.758 --> 02:57:03.523
Rep. Presley C. De Jesus: ads nila.

asr-002621
02:57:03.523 --> 02:57:03.983
Rep. Presley C. De Jesus: No?

asr-002622
02:57:03.983 --> 02:57:05.555
Rep. Presley C. De Jesus: Isn't it?

asr-002623
02:57:05.555 --> 02:57:06.683
Rep. Presley C. De Jesus: Para sa'yo,

asr-002624
02:57:06.683 --> 02:57:07.083
Rep. Presley C. De Jesus: you think

asr-002625
02:57:07.083 --> 02:57:08.283
Rep. Presley C. De Jesus: it's too low?

asr-002626
02:57:08.283 --> 02:57:08.883
Rep. Presley C. De Jesus: Kaya,

asr-002627
02:57:08.883 --> 02:57:09.596
Rep. Presley C. De Jesus: kasi ako ha,

asr-002628
02:57:09.596 --> 02:57:11.169
Rep. Presley C. De Jesus: kung ako magpe-penalize

asr-002629
02:57:11.169 --> 02:57:11.883
Rep. Presley C. De Jesus: sa 1 million,

asr-002630
02:57:11.883 --> 02:57:12.123
Rep. Presley C. De Jesus: pero

asr-002631
02:57:12.123 --> 02:57:13.737
Rep. Presley C. De Jesus: my advertisement

asr-002632
02:57:13.737 --> 02:57:14.545
Rep. Presley C. De Jesus: siguro

asr-002633
02:57:14.545 --> 02:57:15.614
Rep. Presley C. De Jesus: will be there

asr-002634
02:57:15.614 --> 02:57:16.596
Rep. Presley C. De Jesus: for 6 months.

asr-002635
02:57:16.596 --> 02:57:17.163
Rep. Presley C. De Jesus: Tatagal.

asr-002636
02:57:17.163 --> 02:57:17.643
Rep. Presley C. De Jesus: Eh,

asr-002637
02:57:17.643 --> 02:57:18.263
Rep. Presley C. De Jesus: yung

asr-002638
02:57:18.263 --> 02:57:19.955
Rep. Presley C. De Jesus: economy

asr-002639
02:57:19.955 --> 02:57:20.932
Rep. Presley C. De Jesus: Noon,

asr-002640
02:57:20.932 --> 02:57:21.623
Rep. Presley C. De Jesus: marami ako

asr-002641
02:57:21.623 --> 02:57:22.576
Rep. Presley C. De Jesus: mahikayat.

asr-002642
02:57:22.576 --> 02:57:23.363
Rep. Presley C. De Jesus: Is that the

asr-002643
02:57:23.363 --> 02:57:23.743
Rep. Presley C. De Jesus: maximum

asr-002644
02:57:23.743 --> 02:57:25.268
Rep. Presley C. De Jesus: penalty

asr-002645
02:57:25.268 --> 02:57:26.327
Rep. Presley C. De Jesus: that you're

asr-002646
02:57:26.327 --> 02:57:27.521
Rep. Presley C. De Jesus: given to a

asr-002647
02:57:27.521 --> 02:57:28.095
Rep. Presley C. De Jesus: violator?

asr-002648
02:57:28.095 --> 02:57:29.200
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

asr-002649
02:57:29.200 --> 02:57:30.323
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po sa katanungan, Congressman De Jesus.

asr-002650
02:57:30.323 --> 02:57:30.883
PAGCOR Chairman and CEO Alejandro H. Tengco: Jesus,

asr-002651
02:57:30.883 --> 02:57:33.168
PAGCOR Chairman and CEO Alejandro H. Tengco: it is not

asr-002652
02:57:33.168 --> 02:57:34.040
PAGCOR Chairman and CEO Alejandro H. Tengco: the maximum.

asr-002653
02:57:34.040 --> 02:57:34.937
PAGCOR Chairman and CEO Alejandro H. Tengco: It is the

asr-002654
02:57:34.937 --> 02:57:36.025
PAGCOR Chairman and CEO Alejandro H. Tengco: first offense

asr-002655
02:57:36.025 --> 02:57:36.788
PAGCOR Chairman and CEO Alejandro H. Tengco: penalty.

asr-002656
02:57:36.788 --> 02:57:37.768
PAGCOR Chairman and CEO Alejandro H. Tengco: If they are

asr-002657
02:57:37.768 --> 02:57:38.068
PAGCOR Chairman and CEO Alejandro H. Tengco: caught

asr-002658
02:57:38.068 --> 02:57:39.083
PAGCOR Chairman and CEO Alejandro H. Tengco: second time,

asr-002659
02:57:39.083 --> 02:57:40.375
PAGCOR Chairman and CEO Alejandro H. Tengco: they are

asr-002660
02:57:40.375 --> 02:57:41.059
PAGCOR Chairman and CEO Alejandro H. Tengco: suspended.

asr-002661
02:57:41.059 --> 02:57:41.539
PAGCOR Chairman and CEO Alejandro H. Tengco: Their license

asr-002662
02:57:41.539 --> 02:57:42.240
PAGCOR Chairman and CEO Alejandro H. Tengco: is suspended.

asr-002663
02:57:42.240 --> 02:57:42.886
PAGCOR Chairman and CEO Alejandro H. Tengco: And if they're

asr-002664
02:57:42.886 --> 02:57:43.440
PAGCOR Chairman and CEO Alejandro H. Tengco: caught on a

asr-002665
02:57:43.440 --> 02:57:44.067
PAGCOR Chairman and CEO Alejandro H. Tengco: third time,

asr-002666
02:57:44.067 --> 02:57:45.378
PAGCOR Chairman and CEO Alejandro H. Tengco: their license

asr-002667
02:57:45.378 --> 02:57:45.969
PAGCOR Chairman and CEO Alejandro H. Tengco: will be

asr-002668
02:57:45.969 --> 02:57:47.849
PAGCOR Chairman and CEO Alejandro H. Tengco: canceled.

asr-002669
02:57:47.849 --> 02:57:49.109
PAGCOR Chairman and CEO Alejandro H. Tengco: With regard

asr-002670
02:57:49.109 --> 02:57:49.549
PAGCOR Chairman and CEO Alejandro H. Tengco: to your

asr-002671
02:57:49.549 --> 02:57:49.893
PAGCOR Chairman and CEO Alejandro H. Tengco: concern,

asr-002672
02:57:50.829 --> 02:57:51.869
PAGCOR Chairman and CEO Alejandro H. Tengco: the economy

asr-002673
02:57:51.869 --> 02:57:52.589
PAGCOR Chairman and CEO Alejandro H. Tengco: is of scale,

asr-002674
02:57:52.729 --> 02:57:54.169
PAGCOR Chairman and CEO Alejandro H. Tengco: we have seen

asr-002675
02:57:54.169 --> 02:57:54.389
PAGCOR Chairman and CEO Alejandro H. Tengco: that.

asr-002676
02:57:54.389 --> 02:57:54.769
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya,

asr-002677
02:57:54.769 --> 02:57:56.359
PAGCOR Chairman and CEO Alejandro H. Tengco: yung nagpupulis

asr-002678
02:57:56.359 --> 02:57:57.160
PAGCOR Chairman and CEO Alejandro H. Tengco: po

asr-002679
02:57:57.160 --> 02:57:58.048
PAGCOR Chairman and CEO Alejandro H. Tengco: ng mga billboard

asr-002680
02:57:58.160 --> 02:57:58.520
PAGCOR Chairman and CEO Alejandro H. Tengco: na ito

asr-002681
02:57:58.520 --> 02:57:58.786
PAGCOR Chairman and CEO Alejandro H. Tengco: ay aktibo,

asr-002682
02:57:58.786 --> 02:57:59.394
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi po

asr-002683
02:57:59.394 --> 02:58:00.093
PAGCOR Chairman and CEO Alejandro H. Tengco: tatagal

asr-002684
02:58:00.093 --> 02:58:01.189
PAGCOR Chairman and CEO Alejandro H. Tengco: ng isang linggo

asr-002685
02:58:01.189 --> 02:58:02.122
PAGCOR Chairman and CEO Alejandro H. Tengco: yung ad na yun.

asr-002686
02:58:02.122 --> 02:58:02.937
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung sakaling

asr-002687
02:58:02.937 --> 02:58:04.245
PAGCOR Chairman and CEO Alejandro H. Tengco: in violation

asr-002688
02:58:04.245 --> 02:58:05.807
PAGCOR Chairman and CEO Alejandro H. Tengco: of our

asr-002689
02:58:05.807 --> 02:58:07.509
PAGCOR Chairman and CEO Alejandro H. Tengco: structure

asr-002690
02:58:07.509 --> 02:58:08.419
PAGCOR Chairman and CEO Alejandro H. Tengco: and rules

asr-002691
02:58:08.419 --> 02:58:09.328
PAGCOR Chairman and CEO Alejandro H. Tengco: and guidelines.

asr-002692
02:58:09.328 --> 02:58:10.330
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang totoo po,

asr-002693
02:58:10.330 --> 02:58:11.390
PAGCOR Chairman and CEO Alejandro H. Tengco: yung

asr-002694
02:58:11.390 --> 02:58:12.878
PAGCOR Chairman and CEO Alejandro H. Tengco: binanggit

asr-002695
02:58:12.878 --> 02:58:13.713
PAGCOR Chairman and CEO Alejandro H. Tengco: dito kanina

asr-002696
02:58:13.713 --> 02:58:14.997
PAGCOR Chairman and CEO Alejandro H. Tengco: ni

asr-002697
02:58:14.997 --> 02:58:15.832
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman

asr-002698
02:58:15.832 --> 02:58:17.646
PAGCOR Chairman and CEO Alejandro H. Tengco: Eli

asr-002699
02:58:17.646 --> 02:58:18.706
PAGCOR Chairman and CEO Alejandro H. Tengco: San Fernando

asr-002700
02:58:18.706 --> 02:58:19.439
PAGCOR Chairman and CEO Alejandro H. Tengco: tungkol sa

asr-002701
02:58:19.439 --> 02:58:20.160
PAGCOR Chairman and CEO Alejandro H. Tengco: kay

asr-002702
02:58:20.160 --> 02:58:21.520
PAGCOR Chairman and CEO Alejandro H. Tengco: sa isang

asr-002703
02:58:21.520 --> 02:58:22.160
PAGCOR Chairman and CEO Alejandro H. Tengco: magaling na

asr-002704
02:58:22.160 --> 02:58:23.239
PAGCOR Chairman and CEO Alejandro H. Tengco: endorser

asr-002705
02:58:23.239 --> 02:58:24.640
PAGCOR Chairman and CEO Alejandro H. Tengco: na ginamit

asr-002706
02:58:24.640 --> 02:58:25.316
PAGCOR Chairman and CEO Alejandro H. Tengco: yung online

asr-002707
02:58:25.316 --> 02:58:26.575
PAGCOR Chairman and CEO Alejandro H. Tengco: gaming platform,

asr-002708
02:58:26.575 --> 02:58:27.647
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi po tumagal

asr-002709
02:58:27.647 --> 02:58:28.489
PAGCOR Chairman and CEO Alejandro H. Tengco: ng ilang araw

asr-002710
02:58:28.489 --> 02:58:29.118
PAGCOR Chairman and CEO Alejandro H. Tengco: lang yun.

asr-002711
02:58:29.118 --> 02:58:30.190
PAGCOR Chairman and CEO Alejandro H. Tengco: Nahinto na po

asr-002712
02:58:30.190 --> 02:58:30.690
PAGCOR Chairman and CEO Alejandro H. Tengco: namin

asr-002713
02:58:30.690 --> 02:58:32.039
PAGCOR Chairman and CEO Alejandro H. Tengco: at

asr-002714
02:58:32.039 --> 02:58:34.224
PAGCOR Chairman and CEO Alejandro H. Tengco: finign na po

asr-002715
02:58:34.224 --> 02:58:34.984
PAGCOR Chairman and CEO Alejandro H. Tengco: namin sila

asr-002716
02:58:34.984 --> 02:58:35.990
PAGCOR Chairman and CEO Alejandro H. Tengco: with the

asr-002717
02:58:35.990 --> 02:58:36.650
PAGCOR Chairman and CEO Alejandro H. Tengco: warning

asr-002718
02:58:36.650 --> 02:58:38.247
PAGCOR Chairman and CEO Alejandro H. Tengco: that if this

asr-002719
02:58:38.247 --> 02:58:39.281
PAGCOR Chairman and CEO Alejandro H. Tengco: happens again,

asr-002720
02:58:39.281 --> 02:58:40.150
PAGCOR Chairman and CEO Alejandro H. Tengco: their license

asr-002721
02:58:40.150 --> 02:58:41.371
PAGCOR Chairman and CEO Alejandro H. Tengco: will be suspended.

asr-002722
02:58:41.371 --> 02:58:42.147
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

asr-002723
02:58:42.147 --> 02:58:42.924
PAGCOR Chairman and CEO Alejandro H. Tengco: kumbaga,

asr-002724
02:58:42.924 --> 02:58:44.217
PAGCOR Chairman and CEO Alejandro H. Tengco: due process din po

asr-002725
02:58:44.217 --> 02:58:45.040
PAGCOR Chairman and CEO Alejandro H. Tengco: ang kailangan.

asr-002726
02:58:45.040 --> 02:58:45.640
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya,

asr-002727
02:58:45.640 --> 02:58:46.886
PAGCOR Chairman and CEO Alejandro H. Tengco: at gusto ko rin pong

asr-002728
02:58:46.886 --> 02:58:48.062
PAGCOR Chairman and CEO Alejandro H. Tengco: ipagbigay alam

asr-002729
02:58:48.062 --> 02:58:48.848
PAGCOR Chairman and CEO Alejandro H. Tengco: sa inyo,

asr-002730
02:58:48.848 --> 02:58:49.240
PAGCOR Chairman and CEO Alejandro H. Tengco: kaya,

asr-002731
02:58:49.240 --> 02:58:50.785
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman De Jesus,

asr-002732
02:58:50.785 --> 02:58:51.407
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman

asr-002733
02:58:51.407 --> 02:58:52.539
PAGCOR Chairman and CEO Alejandro H. Tengco: de Jesus,

asr-002734
02:58:52.539 --> 02:58:53.968
PAGCOR Chairman and CEO Alejandro H. Tengco: na dati po yung

asr-002735
02:58:53.968 --> 02:58:55.238
PAGCOR Chairman and CEO Alejandro H. Tengco: fine was only

asr-002736
02:58:55.238 --> 02:58:56.760
PAGCOR Chairman and CEO Alejandro H. Tengco: P50,000 eh.

asr-002737
02:58:56.760 --> 02:58:57.360
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

asr-002738
02:58:57.360 --> 02:58:58.266
PAGCOR Chairman and CEO Alejandro H. Tengco: yung pong

asr-002739
02:58:58.266 --> 02:58:59.423
PAGCOR Chairman and CEO Alejandro H. Tengco: pagpapalit namin

asr-002740
02:58:59.423 --> 02:59:00.660
PAGCOR Chairman and CEO Alejandro H. Tengco: dahil sa pag

asr-002741
02:59:00.660 --> 02:59:03.540
PAGCOR Chairman and CEO Alejandro H. Tengco: kakalibrate din

asr-002742
02:59:03.540 --> 02:59:04.000
PAGCOR Chairman and CEO Alejandro H. Tengco: ng aming

asr-002743
02:59:04.000 --> 02:59:05.067
PAGCOR Chairman and CEO Alejandro H. Tengco: rules and regulations,

asr-002744
02:59:05.067 --> 02:59:06.112
PAGCOR Chairman and CEO Alejandro H. Tengco: ginawa na po namin

asr-002745
02:59:06.112 --> 02:59:07.135
PAGCOR Chairman and CEO Alejandro H. Tengco: 1 million

asr-002746
02:59:07.135 --> 02:59:08.512
PAGCOR Chairman and CEO Alejandro H. Tengco: first offense

asr-002747
02:59:08.512 --> 02:59:09.201
PAGCOR Chairman and CEO Alejandro H. Tengco: pa lamang.

asr-002748
02:59:09.201 --> 02:59:09.741
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

asr-002749
02:59:09.741 --> 02:59:10.527
PAGCOR Chairman and CEO Alejandro H. Tengco: tulad po

asr-002750
02:59:10.527 --> 02:59:11.721
PAGCOR Chairman and CEO Alejandro H. Tengco: ng ano eh,

asr-002751
02:59:11.721 --> 02:59:11.981
PAGCOR Chairman and CEO Alejandro H. Tengco: dapat

asr-002752
02:59:11.981 --> 02:59:13.280
PAGCOR Chairman and CEO Alejandro H. Tengco: bigyan natin

asr-002753
02:59:13.280 --> 02:59:14.139
PAGCOR Chairman and CEO Alejandro H. Tengco: ng

asr-002754
02:59:14.139 --> 02:59:17.840
PAGCOR Chairman and CEO Alejandro H. Tengco: due process

asr-002755
02:59:17.840 --> 02:59:18.413
PAGCOR Chairman and CEO Alejandro H. Tengco: din po

asr-002756
02:59:18.413 --> 02:59:19.779
PAGCOR Chairman and CEO Alejandro H. Tengco: yung ating

asr-002757
02:59:19.779 --> 02:59:22.069
PAGCOR Chairman and CEO Alejandro H. Tengco: mga licenses.

asr-002758
02:59:22.069 --> 02:59:22.710
Rep. Presley C. De Jesus: Thank you,

asr-002759
02:59:22.710 --> 02:59:23.350
Rep. Presley C. De Jesus: Madam Chair.

asr-002760
02:59:23.350 --> 02:59:24.606
Rep. Presley C. De Jesus: My next question,

asr-002761
02:59:24.606 --> 02:59:25.223
Rep. Presley C. De Jesus: Madam Chair,

asr-002762
02:59:25.223 --> 02:59:25.563
Rep. Presley C. De Jesus: is,

asr-002763
02:59:25.563 --> 02:59:26.918
Rep. Presley C. De Jesus: can you enlighten us

asr-002764
02:59:26.918 --> 02:59:28.022
Rep. Presley C. De Jesus: about the gaming

asr-002765
02:59:28.022 --> 02:59:30.142
Rep. Presley C. De Jesus: system administrator?

asr-002766
02:59:30.142 --> 02:59:30.961
Rep. Presley C. De Jesus: Ano ba ito?

asr-002767
02:59:30.961 --> 02:59:31.728
Rep. Presley C. De Jesus: Ito,

asr-002768
02:59:31.728 --> 02:59:33.253
Rep. Presley C. De Jesus: is it about

asr-002769
02:59:33.253 --> 02:59:34.046
Rep. Presley C. De Jesus: illegal

asr-002770
02:59:34.046 --> 02:59:35.177
Rep. Presley C. De Jesus: mga online?

asr-002771
02:59:35.177 --> 02:59:36.449
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

asr-002772
02:59:36.449 --> 02:59:39.503
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman de Jesus,

asr-002773
02:59:39.503 --> 02:59:40.435
PAGCOR Chairman and CEO Alejandro H. Tengco: yun po yung

asr-002774
02:59:40.435 --> 02:59:42.215
PAGCOR Chairman and CEO Alejandro H. Tengco: licensed

asr-002775
02:59:42.215 --> 02:59:43.544
PAGCOR Chairman and CEO Alejandro H. Tengco: online gaming

asr-002776
02:59:43.544 --> 02:59:44.422
PAGCOR Chairman and CEO Alejandro H. Tengco: operator.

asr-002777
02:59:44.422 --> 02:59:45.523
PAGCOR Chairman and CEO Alejandro H. Tengco: When you have

asr-002778
02:59:45.523 --> 02:59:47.165
PAGCOR Chairman and CEO Alejandro H. Tengco: a license

asr-002779
02:59:47.165 --> 02:59:48.323
PAGCOR Chairman and CEO Alejandro H. Tengco: to operate

asr-002780
02:59:48.323 --> 02:59:49.537
PAGCOR Chairman and CEO Alejandro H. Tengco: an online

asr-002781
02:59:49.537 --> 02:59:50.415
PAGCOR Chairman and CEO Alejandro H. Tengco: gaming

asr-002782
02:59:50.415 --> 02:59:52.421
PAGCOR Chairman and CEO Alejandro H. Tengco: company,

asr-002783
02:59:52.421 --> 02:59:53.382
PAGCOR Chairman and CEO Alejandro H. Tengco: you are

asr-002784
02:59:53.382 --> 02:59:54.231
PAGCOR Chairman and CEO Alejandro H. Tengco: considered

asr-002785
02:59:54.231 --> 02:59:55.643
PAGCOR Chairman and CEO Alejandro H. Tengco: as a

asr-002788
02:59:55.643 --> 02:59:59.926
PAGCOR Chairman and CEO Alejandro H. Tengco: either as a GSA or Gaming Service Administrator.

asr-002789
02:59:59.926 --> 03:00:02.132
Rep. Presley C. De Jesus: So, how many of them, Madam Chair?

asr-002790
03:00:02.132 --> 03:00:07.623
PAGCOR Chairman and CEO Alejandro H. Tengco: Today, Your Honor, at its peak, we had 74.

asr-002791
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.

asr-002792
03:00:13.899 --> 03:00:17.249
PAGCOR Chairman and CEO Alejandro H. Tengco: What happened? May violations nila? Suspended?

asr-002793
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,

asr-002794
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.

asr-002795
03:00:27.025 --> 03:00:30.565
Rep. Presley C. De Jesus: Are they local o may foreign din bang mga?

asr-002796
03:00:30.565 --> 03:00:39.493
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung lahat pong nangyon, mga 98% po are local.

asr-002797
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?

asr-002798
03:00:43.457 --> 03:00:46.956
PAGCOR Chairman and CEO Alejandro H. Tengco: They surrendered because they're losing money, yes.

asr-002799
03:00:46.956 --> 03:00:50.200
PAGCOR Chairman and CEO Alejandro H. Tengco: For your information, Your Honor,

asr-002800
03:00:50.200 --> 03:00:58.681
PAGCOR Chairman and CEO Alejandro H. Tengco: Congressman De Jesus,

asr-002801
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

asr-002802
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.

asr-002803
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

asr-002804
03:01:17.321 --> 03:01:19.569
PAGCOR Chairman and CEO Alejandro H. Tengco: ang ini-impose ng PAGCOR.

asr-002805
03:01:19.569 --> 03:01:23.619
PAGCOR Chairman and CEO Alejandro H. Tengco: And then, ang BIR naman po may karagdagang 5%.

asr-002806
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.

asr-002807
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.

asr-002808
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,

asr-002809
03:01:45.311 --> 03:01:49.826
PAGCOR Chairman and CEO Alejandro H. Tengco: eh wala namang activity pa sa pangkasalukuyan, napakabigat po.

asr-002810
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,

asr-002811
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.

asr-002812
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

asr-002813
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.

asr-002814
03:02:15.249 --> 03:02:19.256
Rep. Presley C. De Jesus: You answered my next question about those mga dormant, no?

asr-002815
03:02:19.256 --> 03:02:20.613
Rep. Presley C. De Jesus: Kasi walang pinagkaiba yan.

asr-002816
03:02:20.613 --> 03:02:23.836
Rep. Presley C. De Jesus: Sa Department of Energy, tinatawag namin service contract.

asr-002817
03:02:23.836 --> 03:02:26.784
Rep. Presley C. De Jesus: Bibili lang sila, maghihintay sila ng buyer.

asr-002818
03:02:26.784 --> 03:02:28.373
Rep. Presley C. De Jesus: So, in your case, wala nang ganun.

asr-002819
03:02:28.373 --> 03:02:30.155
Rep. Presley C. De Jesus: You can assure ya, Chairman?

asr-002820
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.

asr-002821
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.

asr-002822
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.

asr-002823
03:02:47.562 --> 03:02:48.623
PAGCOR Chairman and CEO Alejandro H. Tengco: At ang totoo po,

asr-002824
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.

asr-002825
03:02:52.778 --> 03:02:55.387
PAGCOR Chairman and CEO Alejandro H. Tengco: Magsusurrender na lang po sila ng lisensya.

asr-002826
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.

asr-002827
03:03:05.628 --> 03:03:06.456
Rep. Presley C. De Jesus: Thank you, Mr. Chair.

asr-002828
03:03:06.456 --> 03:03:08.363
Rep. Presley C. De Jesus: Going to my next question.

asr-002829
03:03:08.363 --> 03:03:12.138
Rep. Presley C. De Jesus: Under your corporate mandate, nakalagay dito, number one,

asr-002830
03:03:12.138 --> 03:03:17.842
Rep. Presley C. De Jesus: regulate, operate, authorize, and license games of chance.

asr-002831
03:03:17.842 --> 03:03:22.760
Rep. Presley C. De Jesus: Cards and numbers, particularly casino gaming in the Philippines.

asr-002832
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?

asr-002833
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,

asr-002834
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.

asr-002835
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.

asr-002836
03:03:41.656 --> 03:03:43.881
PAGCOR Chairman and CEO Alejandro H. Tengco: Cock fighting, under po yan sa gab.

asr-002837
03:03:43.881 --> 03:03:46.766
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung isa po palang nawala rin.

asr-002838
03:03:46.766 --> 03:03:50.794
PAGCOR Chairman and CEO Alejandro H. Tengco: Namin, nadating nan dyan, ay yung pong online sabong.

asr-002839
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.

asr-002840
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,

asr-002841
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.

asr-002842
03:04:08.923 --> 03:04:11.954
PAGCOR Chairman and CEO Alejandro H. Tengco: So, casino games and online gaming.

asr-002843
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.

asr-002844
03:04:15.560 --> 03:04:15.720
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po.

asr-002845
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.

asr-002846
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.

asr-002847
03:04:26.599 --> 03:04:29.462
Rep. Presley C. De Jesus: Okay. So, anything, basta sa inyo, online.

asr-002848
03:04:29.462 --> 03:04:30.864
Rep. Presley C. De Jesus: So, we need to depreciate.

asr-002849
03:04:30.864 --> 03:04:32.629
Rep. Presley C. De Jesus: Online and yung pong games of chance, yung casino games.

asr-002850
03:04:32.629 --> 03:04:36.567
Rep. Presley C. De Jesus: Yung pong nakikita natin sa mga land-based casinos natin.

asr-002851
03:04:36.567 --> 03:04:41.743
Rep. Presley C. De Jesus: So, anything land-based casino, under casino property nila,

asr-002852
03:04:41.743 --> 03:04:43.062
Rep. Presley C. De Jesus: plus online games.

asr-002853
03:04:43.062 --> 03:04:45.600
Rep. Presley C. De Jesus: So, online gaming is under PAGCOR.

asr-002854
03:04:45.600 --> 03:04:46.146
Rep. Presley C. De Jesus: Tama ba yan?

asr-002855
03:04:46.146 --> 03:04:46.738
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes.

asr-002856
03:04:46.738 --> 03:04:48.625
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, tama po kayo.

asr-002857
03:04:48.625 --> 03:04:50.637
Rep. Presley C. De Jesus: Okay. Thank you, Madam Chair.

asr-002858
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

asr-002859
03:04:55.932 --> 03:05:01.920
Rep. Presley C. De Jesus: about the budget, no, that being taken away from PAGCOR

asr-002860
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.

asr-002861
03:05:07.096 --> 03:05:09.877
Rep. Presley C. De Jesus: Kasi ang dami nyo natutulungan, sa totoo lang.

asr-002862
03:05:09.877 --> 03:05:10.810
Rep. Presley C. De Jesus: Again, thank you.

asr-002863
03:05:10.810 --> 03:05:13.388
Rep. Presley C. De Jesus: Madam Chair, thank you, PAGCOR family.

asr-002864
03:05:13.388 --> 03:05:14.606
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat din po, Your Honor.

asr-002865
03:05:14.606 --> 03:05:17.102
Rep. Mikaela Angela B. Suansing: Thank you very much, Chairman Tengco.

asr-002866
03:05:17.102 --> 03:05:20.310
Rep. Mikaela Angela B. Suansing: Thank you so much, Representative Presley De Jesus.

asr-002867
03:05:26.600 --> 03:05:29.120
Rep. Mikaela Angela B. Suansing: We'll now move to our next interpellator from the majority.

asr-002868
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.

asr-002869
03:05:33.680 --> 03:05:36.120
Rep. Mikaela Angela B. Suansing: Representative Brian Poe.

asr-002870
03:05:36.120 --> 03:05:39.200
Rep. Mikaela Angela B. Suansing: Ah, okay. Sorry, Brian. I didn't see you.

asr-002871
03:05:39.319 --> 03:05:40.560
Rep. Mikaela Angela B. Suansing: Nakabalik na pala.

asr-002872
03:05:41.160 --> 03:05:44.080
Rep. Mikaela Angela B. Suansing: Next, from the minority, Representative Brian Poe.

asr-002873
03:05:46.560 --> 03:05:47.080
Rep. Brian Poe: Thank you, Madam Chair.

asr-002874
03:05:47.080 --> 03:05:50.600
Rep. Brian Poe: My apologies. Majority. From the majority, Representative Brian Poe.

asr-002875
03:05:50.600 --> 03:05:52.239
Rep. Brian Poe: Thank you.

asr-002876
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

asr-002877
03:05:57.760 --> 03:06:00.840
Rep. Brian Poe: because immediately after our previous hearing,

asr-002878
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.

asr-002879
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.

asr-002880
03:06:14.200 --> 03:06:15.000
Rep. Brian Poe: So, I have a list.

asr-002881
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.

asr-002882
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.

asr-002883
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.

asr-002884
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,

asr-002885
03:06:39.200 --> 03:06:45.319
Rep. Brian Poe: your GRR or Gross Gaming Revenues in 2025,

asr-002886
03:06:45.319 --> 03:06:54.359
Rep. Brian Poe: is up 6.39% from $372 billion in 2024.

asr-002887
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?

asr-002888
03:06:59.359 --> 03:07:00.960
PAGCOR Chairman and CEO Alejandro H. Tengco: I think it was mentioned earlier.

asr-002889
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?

asr-002890
03:07:06.120 --> 03:07:08.200
PAGCOR Chairman and CEO Alejandro H. Tengco: For 2026.

asr-002891
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.

asr-002892
03:07:15.760 --> 03:07:22.517
Rep. Brian Poe: We are looking at about P370 billion pesos.

asr-002893
03:07:22.517 --> 03:07:24.800
Rep. Brian Poe: P370 billion pesos.

asr-002894
03:07:24.800 --> 03:07:26.760
Rep. Brian Poe: More or less?

asr-002895
03:07:26.760 --> 03:07:27.520
Rep. Brian Poe: Sige po.

asr-002896
03:07:27.520 --> 03:07:32.040
Rep. Brian Poe: If we're looking at P370 billion pesos,

asr-002897
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.

asr-002898
03:07:42.600 --> 03:07:45.640
PAGCOR Chairman and CEO Alejandro H. Tengco: So, kumbaga, the gross revenue po that we,

asr-002899
03:07:45.640 --> 03:07:49.720
PAGCOR Chairman and CEO Alejandro H. Tengco: are able to get is, yes, sir.

asr-002900
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.

asr-002901
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.

asr-002902
03:08:12.520 --> 03:08:15.399
Rep. Brian Poe: About P3 trillion pesos, no?

asr-002903
03:08:15.399 --> 03:08:15.840
Rep. Brian Poe: Okay.

asr-002904
03:08:15.840 --> 03:08:18.840
Rep. Brian Poe: The reason why I bring this up, Madam Chair,

asr-002905
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,

asr-002906
03:08:25.680 --> 03:08:31.600
Rep. Brian Poe: and we're getting about P300 plus billion in gross revenue from this,

asr-002907
03:08:31.600 --> 03:08:35.800
Rep. Brian Poe: can you imagine how much of the undeclared revenue

asr-002908
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,

asr-002909
03:08:41.560 --> 03:08:45.160
Rep. Brian Poe: which could go towards government projects, government services?

asr-002910
03:08:45.160 --> 03:08:48.840
Rep. Brian Poe: And if we look here, for example,

asr-002911
03:08:48.840 --> 03:08:54.560
Rep. Brian Poe: I just pulled up PopoLive, which is accessible online again.

asr-002912
03:08:54.560 --> 03:08:58.000
Rep. Brian Poe: Madam Chair, may I ask if PopoLive and these other apps,

asr-002913
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?

asr-002914
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,

asr-002915
03:09:13.080 --> 03:09:20.560
PAGCOR Chairman and CEO Alejandro H. Tengco: primarily because we have, since last two years,

asr-002916
03:09:20.560 --> 03:09:24.680
PAGCOR Chairman and CEO Alejandro H. Tengco: had a moratorium on licenses.

asr-002917
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.

asr-002918
03:09:34.567 --> 03:09:35.439
PAGCOR Chairman and CEO Alejandro H. Tengco: Madam Chair, so...

asr-002919
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

asr-002920
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

asr-002921
03:09:44.600 --> 03:09:48.600
PAGCOR Chairman and CEO Alejandro H. Tengco: when you brought out the name,

asr-002922
03:09:48.600 --> 03:09:53.800
PAGCOR Chairman and CEO Alejandro H. Tengco: the names of the illegal operators last year,

asr-002923
03:09:53.800 --> 03:09:56.439
PAGCOR Chairman and CEO Alejandro H. Tengco: they were pulled down or put up.

asr-002924
03:09:56.439 --> 03:09:59.439
PAGCOR Chairman and CEO Alejandro H. Tengco: That was not because of us.

asr-002925
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.

asr-002926
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.

asr-002927
03:10:15.917 --> 03:10:17.987
PAGCOR Chairman and CEO Alejandro H. Tengco: They are the ones who have the power.

asr-002928
03:10:17.987 --> 03:10:19.350
PAGCOR Chairman and CEO Alejandro H. Tengco: We are not...

asr-002929
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,

asr-002930
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.

asr-002931
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.

asr-002932
03:10:27.587 --> 03:10:31.572
Rep. Brian Poe: Because we are the ones who just recommended and just said

asr-002933
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.

asr-002934
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,

asr-002935
03:10:45.399 --> 03:10:48.279
Rep. Brian Poe: these apps and these gaming sites do not have a license.

asr-002936
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

asr-002937
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?

asr-002938
03:11:01.520 --> 03:11:02.920
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, hindi po kasama.

asr-002939
03:11:02.920 --> 03:11:12.040
Rep. Brian Poe: We only track the GGR of our legal operators or our PAGCOR licenses.

asr-002940
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,

asr-002941
03:11:16.200 --> 03:11:18.200
Rep. Brian Poe: hindi sila kasama sa GGR,

asr-002942
03:11:18.200 --> 03:11:21.239
Rep. Brian Poe: yung GGR natin is already in the billions.

asr-002943
03:11:21.239 --> 03:11:26.840
Rep. Brian Poe: The total annual wager tracked is estimated at around 3 trillion pesos.

asr-002944
03:11:26.840 --> 03:11:32.399
Rep. Brian Poe: What more if these apps, these websites were properly tracked or suspended?

asr-002945
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.

asr-002946
03:11:36.920 --> 03:11:38.359
PAGCOR Chairman and CEO Alejandro H. Tengco: Tama po ba?

asr-002947
03:11:38.359 --> 03:11:41.600
PAGCOR Chairman and CEO Alejandro H. Tengco: So, Mr. Chair, Madam Chair...

asr-002948
03:11:41.600 --> 03:11:43.399
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, you are right, Your Honor.

asr-002949
03:11:43.399 --> 03:11:46.200
PAGCOR Chairman and CEO Alejandro H. Tengco: Yun po ang sinasabi ko kanina,

asr-002950
03:11:46.200 --> 03:11:51.560
PAGCOR Chairman and CEO Alejandro H. Tengco: na 50% lang po ng industriya ang may lisensya,

asr-002951
03:11:51.560 --> 03:11:54.279
PAGCOR Chairman and CEO Alejandro H. Tengco: 50% po ay walang lisensya.

asr-002952
03:11:54.279 --> 03:11:59.120
PAGCOR Chairman and CEO Alejandro H. Tengco: You can just imagine, Your Honor, Congressman po,

asr-002953
03:11:59.120 --> 03:12:03.800
PAGCOR Chairman and CEO Alejandro H. Tengco: what government is losing in terms of potential revenue.

asr-002954
03:12:03.800 --> 03:12:10.560
Rep. Brian Poe: Kaya talagang, dapat talagang pagtulungan na ating masugpo itong mga illegal na ito.

asr-002955
03:12:10.560 --> 03:12:15.840
Rep. Brian Poe: Malaki po, nawawala sa atin lahat dyan sa nangyayaring yan, Your Honor.

asr-002956
03:12:15.840 --> 03:12:18.800
Rep. Brian Poe: Madam Chair, what's important here is during this committee hearing,

asr-002957
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.

asr-002958
03:12:26.960 --> 03:12:30.399
Rep. Brian Poe: 50% lang ang nakukuha natin na revenue.

asr-002959
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.

asr-002960
03:12:36.680 --> 03:12:40.960
Rep. Brian Poe: Madam Chair, moving on quickly to my next set of questions.

asr-002961
03:12:40.960 --> 03:12:43.439
Rep. Brian Poe: Madam Chair, PAGCOR pointed out that there are many,

asr-002962
03:12:43.439 --> 03:12:45.840
Rep. Brian Poe: there are many nation building programs.

asr-002963
03:12:45.840 --> 03:12:49.000
Rep. Brian Poe: Kumbaga, they have the school building program,

asr-002964
03:12:49.000 --> 03:12:53.040
Rep. Brian Poe: they have the patient transport vehicles which they have donated,

asr-002965
03:12:53.040 --> 03:12:55.479
Rep. Brian Poe: relief ops that they have conducted,

asr-002966
03:12:55.479 --> 03:13:00.800
Rep. Brian Poe: and other, a medical center even that they've inaugurated.

asr-002967
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.

asr-002968
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

asr-002969
03:13:19.720 --> 03:13:21.720
Rep. Brian Poe: and naging addict po,

asr-002970
03:13:21.720 --> 03:13:28.960
Rep. Brian Poe: naghahanap ng solusyon ng paraan para iwasan itong gambling habit nila.

asr-002971
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

asr-002972
03:13:37.359 --> 03:13:40.080
PAGCOR Chairman and CEO Alejandro H. Tengco: so that it could be free for our constituents

asr-002973
03:13:40.080 --> 03:13:43.479
PAGCOR Chairman and CEO Alejandro H. Tengco: who can't afford mental health services.

asr-002974
03:13:43.479 --> 03:13:46.600
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron po ba, Mr. Chair?

asr-002975
03:13:46.600 --> 03:13:49.640
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, Congressman po.

asr-002976
03:13:49.640 --> 03:13:55.040
PAGCOR Chairman and CEO Alejandro H. Tengco: That is part of our responsible gaming programs.

asr-002977
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.

asr-002978
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

asr-002979
03:14:09.359 --> 03:14:11.040
PAGCOR Chairman and CEO Alejandro H. Tengco: sa paglalaro.

asr-002980
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

asr-002981
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,

asr-002982
03:14:29.960 --> 03:14:33.600
PAGCOR Chairman and CEO Alejandro H. Tengco: meron na, nalululunan sila sa pagsusugal.

asr-002983
03:14:33.600 --> 03:14:38.279
Rep. Brian Poe: We will do that and we will submit to the committee.

asr-002984
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.

asr-002985
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.

asr-002986
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,

asr-002987
03:14:53.439 --> 03:14:55.920
Rep. Brian Poe: kasi importante at mahalaga po ito.

asr-002988
03:14:55.920 --> 03:14:58.880
Rep. Brian Poe: Tulad ng sinabi ni Rep. Elie earlier,

asr-002989
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.

asr-002990
03:15:04.560 --> 03:15:07.600
Rep. Brian Poe: We want it to be responsible, we want it to be well-managed,

asr-002991
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,

asr-002992
03:15:13.479 --> 03:15:18.080
Rep. Brian Poe: pwede naman sila mag-seek ng help galing sa gobyerno po.

asr-002993
03:15:18.080 --> 03:15:21.880
Rep. Brian Poe: So, further, I just want to ask also, Madam Chair,

asr-002994
03:15:21.880 --> 03:15:27.600
Rep. Brian Poe: if PAGCOR, given all of its efforts with law enforcement,

asr-002995
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,

asr-002996
03:15:33.439 --> 03:15:41.960
Rep. Brian Poe: what programs or what, I guess, facilities in CICC, DICT,

asr-002997
03:15:41.960 --> 03:15:45.248
PAGCOR Chairman and CEO Alejandro H. Tengco: can we add funding to or can we strengthen

asr-002998
03:15:45.248 --> 03:15:46.160
PAGCOR Chairman and CEO Alejandro H. Tengco: in order to...

asr-002999
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?

asr-003000
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,

asr-003001
03:15:58.520 --> 03:16:01.000
PAGCOR Chairman and CEO Alejandro H. Tengco: headed by Secretary Henry Aguda,

asr-003002
03:16:01.000 --> 03:16:07.720
PAGCOR Chairman and CEO Alejandro H. Tengco: and CICC, headed by ASEC Aboy Paraíso,

asr-003003
03:16:07.720 --> 03:16:13.040
PAGCOR Chairman and CEO Alejandro H. Tengco: there are certain tools that they need to procure.

asr-003004
03:16:13.040 --> 03:16:15.399
PAGCOR Chairman and CEO Alejandro H. Tengco: In fact,

asr-003005
03:16:15.399 --> 03:16:17.800
PAGCOR Chairman and CEO Alejandro H. Tengco: it has already been identified

asr-003006
03:16:17.800 --> 03:16:21.439
PAGCOR Chairman and CEO Alejandro H. Tengco: ang nagiging problema po kasi,

asr-003007
03:16:21.439 --> 03:16:23.279
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, Congressman po,

asr-003008
03:16:23.279 --> 03:16:26.720
PAGCOR Chairman and CEO Alejandro H. Tengco: talagang because of the advances of technology,

asr-003009
03:16:26.720 --> 03:16:30.040
PAGCOR Chairman and CEO Alejandro H. Tengco: talagang lahat makina na eh.

asr-003010
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

asr-003011
03:16:35.080 --> 03:16:39.640
PAGCOR Chairman and CEO Alejandro H. Tengco: or about to procure equipment that can track

asr-003012
03:16:39.640 --> 03:16:45.800
PAGCOR Chairman and CEO Alejandro H. Tengco: those that are using VPNs to shadow their presence.

asr-003013
03:16:45.800 --> 03:16:47.199
PAGCOR Chairman and CEO Alejandro H. Tengco: And,

asr-003014
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.

asr-003015
03:16:53.279 --> 03:16:56.000
PAGCOR Chairman and CEO Alejandro H. Tengco: So, as I mentioned earlier,

asr-003016
03:16:56.000 --> 03:17:01.399
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi ko po maaaring pakialaman yung kanilang teritoryo.

asr-003017
03:17:01.399 --> 03:17:04.239
PAGCOR Chairman and CEO Alejandro H. Tengco: Kami po ay rekomendatory sa kanila.

asr-003018
03:17:04.239 --> 03:17:06.680
PAGCOR Chairman and CEO Alejandro H. Tengco: And, I can say one thing.

asr-003019
03:17:06.680 --> 03:17:11.239
PAGCOR Chairman and CEO Alejandro H. Tengco: The last year, our collaboration with DICT,

asr-003020
03:17:11.239 --> 03:17:15.960
PAGCOR Chairman and CEO Alejandro H. Tengco: between DICT, CICC, NTC and PAGCOR,

asr-003021
03:17:15.960 --> 03:17:16.760
PAGCOR Chairman and CEO Alejandro H. Tengco: has

asr-003022
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.

asr-003023
03:17:26.199 --> 03:17:28.720
PAGCOR Chairman and CEO Alejandro H. Tengco: Unfortunately, kung anong bilis ng pagsasara,

asr-003024
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.

asr-003025
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.

asr-003026
03:17:41.960 --> 03:17:46.160
Rep. Brian Poe: Thank you. Madam Chair, if I may, just a quick anecdote about that.

asr-003027
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.

asr-003028
03:17:55.439 --> 03:17:58.080
Rep. Brian Poe: And I see the effort that they're putting into it.

asr-003029
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

asr-003030
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?

asr-003031
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,

asr-003032
03:18:15.826 --> 03:18:18.880
Rep. Brian Poe: how much revenue we would be able to generate from properly monitoring.

asr-003033
03:18:18.880 --> 03:18:23.479
Rep. Brian Poe: Kung meron po tayong projection na kung meron tayong ganitong klaseng equipment,

asr-003034
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.,

asr-003035
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.

asr-003036
03:18:38.560 --> 03:18:42.520
Rep. Brian Poe: Madam Chair, if we make this investment in proper policing,

asr-003037
03:18:42.520 --> 03:18:45.920
Rep. Brian Poe: maybe we could increase government revenue in the succeeding year.

asr-003038
03:18:45.920 --> 03:18:47.640
Rep. Brian Poe: At least that's the way I see it.

asr-003039
03:18:47.640 --> 03:18:50.600
Rep. Brian Poe: Yun lang po. And thank you for the time, Madam Chair.

asr-003040
03:18:50.600 --> 03:18:52.080
Rep. Mikaela Angela B. Suansing: Thank you, Vice Chair Bryan po.

asr-003041
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.

asr-003042
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.

asr-003043
03:19:04.399 --> 03:19:06.880
Rep. Mikaela Angela B. Suansing: But very good point.

asr-003044
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,

asr-003045
03:19:12.359 --> 03:19:15.560
Rep. Mikaela Angela B. Suansing: the screenshot of the websites that you've pointed out earlier.

asr-003046
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,

asr-003047
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.

asr-003048
03:19:25.399 --> 03:19:29.439
Rep. Mikaela Angela B. Suansing: So we'll bring it up.

asr-003049
03:19:29.439 --> 03:19:33.439
Rep. Mikaela Angela B. Suansing: Ikaw naman magpapreside ng DICT budget hearing.

asr-003050
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.

asr-003051
03:19:37.160 --> 03:19:39.319
Rep. Mikaela Angela B. Suansing: Thank you. Thank you, Chair Al.

asr-003052
03:19:39.319 --> 03:19:42.160
Rep. Mikaela Angela B. Suansing: Thank you so much, Vice Chair Bryan po.

asr-003053
03:19:42.160 --> 03:19:45.000
Rep. Mikaela Angela B. Suansing: We'll now move to the next interpellator.

asr-003054
03:19:45.000 --> 03:19:49.399
Rep. Mikaela Angela B. Suansing: From the minority, Representative Robert Nazal.

asr-003055
03:19:49.399 --> 03:19:51.399
Rep. Roberto Nazal: Thank you, Madam Chair.

asr-003056
03:19:51.399 --> 03:19:54.760
Rep. Roberto Nazal: Good morning.

asr-003057
03:19:54.760 --> 03:20:00.120
Rep. Roberto Nazal: Good afternoon, Chairman Tengco.

asr-003058
03:20:00.120 --> 03:20:06.520
Rep. Roberto Nazal: Allow me first to commend PAGCOR and PAGCOR family for its commendable initiatives,

asr-003059
03:20:06.520 --> 03:20:13.800
Rep. Roberto Nazal: particularly the nationwide school building program and the donation of patient transport vehicles.

asr-003060
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.

asr-003061
03:20:20.319 --> 03:20:25.160
Rep. Roberto Nazal: If I may, however, raise a small concern.

asr-003062
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

asr-003063
03:20:34.560 --> 03:20:39.520
Rep. Roberto Nazal: ng mga wheelchairs and mga ambulances para sa mga constituent natin.

asr-003064
03:20:39.520 --> 03:20:42.680
Rep. Roberto Nazal: I mentioned this not as a complaint, no?

asr-003065
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?

asr-003066
03:20:52.160 --> 03:20:56.640
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, wala pong pagkakaiba.

asr-003067
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.

asr-003068
03:21:02.960 --> 03:21:05.800
PAGCOR Chairman and CEO Alejandro H. Tengco: At hindi naman talaga naming gawa ay magbigay.

asr-003069
03:21:05.800 --> 03:21:10.760
PAGCOR Chairman and CEO Alejandro H. Tengco: Tumulong po kami. Nagpasobra na ng konti.

asr-003070
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

asr-003071
03:21:14.319 --> 03:21:20.479
Rep. Roberto Nazal: ng mapatunayan sa inyong wala pong pagkakaiba ang minority at majority

asr-003072
03:21:20.479 --> 03:21:22.399
Committee/agency brief acknowledgment: pag ang PAGCOR po ang timitiin dito.

asr-003073
03:21:22.399 --> 03:21:25.880
Rep. Roberto Nazal: Thank you, thank you, Mr. Chair. Salamat po diyan.

asr-003074
03:21:25.880 --> 03:21:34.080
Rep. Roberto Nazal: So, I will go directly to my questions.

asr-003075
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

asr-003076
03:21:41.160 --> 03:21:44.479
Rep. Roberto Nazal: on universal healthcare funding.

asr-003077
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

asr-003078
03:21:52.520 --> 03:21:56.840
Rep. Roberto Nazal: is earmarked for PhilHealth.

asr-003079
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,

asr-003080
03:22:04.960 --> 03:22:08.439
Rep. Roberto Nazal: what happens to the UHC earmark?

asr-003081
03:22:08.439 --> 03:22:14.520
Rep. Roberto Nazal: Will the national government share, and therefore yung 50% going to PhilHealth,

asr-003082
03:22:14.520 --> 03:22:19.720
Rep. Roberto Nazal: due to be computed from PAGCOR's entire gaming-related income,

asr-003083
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?

asr-003084
03:22:28.040 --> 03:22:34.199
Rep. Roberto Nazal: Or will the legal revenue base covered by the UHC earmark become smaller

asr-003085
03:22:34.199 --> 03:22:41.279
Rep. Roberto Nazal: once PAGCOR is no longer itself a gaming operator?

asr-003086
03:22:41.279 --> 03:22:44.520
Rep. Roberto Nazal: Na compute na po ba ng PAGCOR with the deal,

asr-003087
03:22:44.520 --> 03:22:48.760
Rep. Roberto Nazal: together with the DOF, DBM, and PhilHealth,

asr-003088
03:22:48.760 --> 03:22:54.399
Rep. Roberto Nazal: na quantify na po ba natin yung UHC contribution before and after privatization?

asr-003089
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

asr-003090
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?

asr-003091
03:23:12.120 --> 03:23:14.319
PAGCOR Chairman and CEO Alejandro H. Tengco: Thank you for the answer.

asr-003093
03:23:14.319 --> 03:23:17.840
PAGCOR Chairman and CEO Alejandro H. Tengco: The question, Your Honor.

asr-003094
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,

asr-003095
03:23:21.800 --> 03:23:24.520
PAGCOR Chairman and CEO Alejandro H. Tengco: kung meron pong nag-aaral niya ng lubos ngayon,

asr-003096
03:23:24.520 --> 03:23:30.479
PAGCOR Chairman and CEO Alejandro H. Tengco: eh yung pong GCG, Governance Commission for GOCCs.

asr-003097
03:23:30.479 --> 03:23:35.960
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil, Your Honor, Congressman Nazal,

asr-003098
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.

asr-003099
03:23:42.080 --> 03:23:42.880
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah.

asr-003100
03:23:42.880 --> 03:23:47.520
PAGCOR Chairman and CEO Alejandro H. Tengco: Sila po ang magre-rekomenda kung dapat ma-ituloy

asr-003101
03:23:47.520 --> 03:23:51.439
PAGCOR Chairman and CEO Alejandro H. Tengco: or dapat matuloy ang decoupling privatization.

asr-003102
03:23:51.439 --> 03:23:57.880
PAGCOR Chairman and CEO Alejandro H. Tengco: So, nakita na po namin yan, pinag-aaralan po,

asr-003103
03:23:57.880 --> 03:24:03.080
PAGCOR Chairman and CEO Alejandro H. Tengco: miyembro po din ng GCG Commission, ang PAGCOR,

asr-003104
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.

asr-003105
03:24:11.160 --> 03:24:13.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Sila po eh ex-officio members ito.

asr-003106
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.

asr-003107
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,

asr-003108
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.

asr-003109
03:24:33.479 --> 03:24:38.239
PAGCOR Chairman and CEO Alejandro H. Tengco: Because of the operational efficiency po na mangyayari.

asr-003110
03:24:38.239 --> 03:24:39.319
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah.

asr-003111
03:24:39.319 --> 03:24:39.600
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah.

asr-003112
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,

asr-003113
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.

asr-003114
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.

asr-003115
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.

asr-003116
03:25:07.276 --> 03:25:08.120
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah.

asr-003117
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.

asr-003118
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.

asr-003119
03:25:19.359 --> 03:25:25.479
Rep. Roberto Nazal: So, that will neutralize in the long run yung pong adjustments na mangyayari.

asr-003120
03:25:25.479 --> 03:25:28.990
Rep. Roberto Nazal: Magkano po ba yung expected revenues natin once ma-privatize?

asr-003121
03:25:28.990 --> 03:25:30.080
Rep. Roberto Nazal: Ah.

asr-003122
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?

asr-003123
03:25:36.120 --> 03:25:37.199
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

asr-003124
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.

asr-003125
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.

asr-003126
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.

asr-003127
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.

asr-003128
03:26:04.000 --> 03:26:06.960
PAGCOR Chairman and CEO Alejandro H. Tengco: Updated po tayo sa remittance.

asr-003129
03:26:06.960 --> 03:26:11.520
PAGCOR Chairman and CEO Alejandro H. Tengco: So, nasa sa national treasury na po yung pagbibigay.

asr-003130
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.

asr-003131
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.

asr-003132
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.

asr-003133
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.

asr-003134
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.

asr-003135
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.

asr-003136
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?

asr-003137
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.

asr-003138
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.

asr-003139
03:27:31.279 --> 03:27:34.190
Rep. Roberto Nazal: That means, following the intent of the law.

asr-003140
03:27:34.190 --> 03:27:34.920
Rep. Roberto Nazal: Dapat.

asr-003141
03:27:34.920 --> 03:27:38.570
Rep. Roberto Nazal: 25 billion.

asr-003142
03:27:38.570 --> 03:27:42.319
Rep. Roberto Nazal: Yes.

asr-003143
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?

asr-003144
03:27:50.720 --> 03:27:53.080
PAGCOR Chairman and CEO Alejandro H. Tengco: Wala ah, hindi na po namin alam yun eh.

asr-003145
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.

asr-003146
03:27:57.460 --> 03:27:58.600
PAGCOR Chairman and CEO Alejandro H. Tengco: Yeah.

asr-003147
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,

asr-003148
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.

asr-003149
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.

asr-003150
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.

asr-003151
03:28:20.560 --> 03:28:22.800
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah, and that was asked earlier also.

asr-003152
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.

asr-003153
03:28:29.920 --> 03:28:31.120
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po ganon.

asr-003154
03:28:31.120 --> 03:28:32.960
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang batas po ay maliwanag.

asr-003155
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.

asr-003156
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,

asr-003157
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?

asr-003158
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.

asr-003159
03:29:17.840 --> 03:29:21.960
PAGCOR Chairman and CEO Alejandro H. Tengco: I think, ah, may, may certain numbers kami.

asr-003160
03:29:21.960 --> 03:29:25.279
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero this we can share with the committee.

asr-003161
03:29:25.279 --> 03:29:27.920
PAGCOR Chairman and CEO Alejandro H. Tengco: Maybe the committee can share with you.

asr-003162
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.

asr-003163
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.

asr-003164
03:29:45.825 --> 03:29:50.720
Committee/agency brief acknowledgment: Your Honor.

asr-003165
03:29:50.720 --> 03:29:58.640
Rep. Roberto Nazal: Thank you for that, Madam Chair, Mr. Chairman.

asr-003166
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,

asr-003167
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.

asr-003168
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,

asr-003169
03:30:24.720 --> 03:30:30.840
Rep. Roberto Nazal: direct UHC collections might experience transition friction.

asr-003170
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

asr-003171
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?

asr-003172
03:30:46.640 --> 03:30:50.800
PAGCOR Chairman and CEO Alejandro H. Tengco: Para captured pa rin po yung windfall?

asr-003173
03:30:50.800 --> 03:30:54.319
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, we can look into that.

asr-003174
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,

asr-003175
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,

asr-003176
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,

asr-003177
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.

asr-003178
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,

asr-003179
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.

asr-003180
03:31:44.120 --> 03:31:46.359
PAGCOR Chairman and CEO Alejandro H. Tengco: But I wish to state...

asr-003181
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

asr-003182
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.

asr-003183
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?

asr-003184
03:32:14.439 --> 03:32:16.319
Committee/agency brief acknowledgment: To ano?

asr-003185
03:32:16.319 --> 03:32:16.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Retirement.

asr-003186
03:32:16.840 --> 03:32:18.880
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, you're talking for retirement.

asr-003187
03:32:18.880 --> 03:32:19.319
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes.

asr-003188
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.

asr-003189
03:32:36.840 --> 03:32:42.279
PAGCOR Chairman and CEO Alejandro H. Tengco: Today, we have close to about 12 billion.

asr-003190
03:32:42.279 --> 03:32:45.600
PAGCOR Chairman and CEO Alejandro H. Tengco: So, we will be subsidizing coming from the sale.

asr-003191
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...

asr-003193
03:32:49.640 --> 03:32:52.479
PAGCOR Chairman and CEO Alejandro H. Tengco: Thank you for your comments.

asr-003194
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.

asr-003195
03:33:02.600 --> 03:33:08.279
PAGCOR Chairman and CEO Alejandro H. Tengco: How much, Madam Chair, is the expected windfall?

asr-003196
03:33:08.279 --> 03:33:10.680
PAGCOR Chairman and CEO Alejandro H. Tengco: You're talking from where, Your Honor?

asr-003197
03:33:10.680 --> 03:33:12.520
PAGCOR Chairman and CEO Alejandro H. Tengco: From the privatization of...

asr-003198
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.

asr-003199
03:33:19.840 --> 03:33:21.080
PAGCOR Chairman and CEO Alejandro H. Tengco: And as I said...

asr-003200
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.

asr-003201
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.

asr-003202
03:33:33.239 --> 03:33:35.760
Rep. Roberto Nazal: Because existing...

asr-003203
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.

asr-003204
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,

asr-003205
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?

asr-003206
03:33:57.600 --> 03:33:58.920
PAGCOR Chairman and CEO Alejandro H. Tengco: Normally po yun.

asr-003207
03:33:58.920 --> 03:34:00.160
PAGCOR Chairman and CEO Alejandro H. Tengco: Iri-remit?

asr-003208
03:34:00.160 --> 03:34:03.359
Rep. Roberto Nazal: That becomes extraordinary income.

asr-003209
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.

asr-003210
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.

asr-003211
03:34:15.601 --> 03:34:16.640
Rep. Roberto Nazal: Well, I think, again...

asr-003212
03:34:16.640 --> 03:34:19.030
PAGCOR Chairman and CEO Alejandro H. Tengco: So that the UHC is prioritized, hindi po maapektuhan.

asr-003216
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.

asr-003217
03:34:26.800 --> 03:34:27.760
Rep. Roberto Nazal: Thank you, Mr. Chair.

asr-003218
03:34:27.760 --> 03:34:29.439
Rep. Roberto Nazal: Thank you to the PAGCOR family.

asr-003219
03:34:29.439 --> 03:34:34.359
Rep. Roberto Nazal: And please expect your request to be delivered within 48 hours.

asr-003220
03:34:34.359 --> 03:34:36.920
Rep. Roberto Nazal: Thank you, sir.

asr-003221
03:34:36.920 --> 03:34:39.279
Rep. Roberto Nazal: Thank you, Mr. Chair.

asr-003222
03:34:39.279 --> 03:34:41.800
Rep. Mikaela Angela B. Suansing: Thank you very much, Representative Nazal.

asr-003223
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.

asr-003224
03:34:49.479 --> 03:34:50.601
PAGCOR Chairman and CEO Alejandro H. Tengco: We will do.

asr-003225
03:34:50.601 --> 03:34:53.120
PAGCOR Chairman and CEO Alejandro H. Tengco: We will do that, Chairperson.

asr-003226
03:34:53.120 --> 03:34:54.520
Rep. Mikaela Angela B. Suansing: Thank you very much, Chairman Albeca.

asr-003227
03:34:54.520 --> 03:34:55.800
Rep. Mikaela Angela B. Suansing: Thank you, Chairman Al.

asr-003228
03:34:55.800 --> 03:34:59.160
Rep. Mikaela Angela B. Suansing: Thank you, thank you, Representative Robert Nazal.

asr-003229
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.

asr-003230
03:35:11.239 --> 03:35:14.479
Rep. Julienne "Jam" L. Baronda: Thank you, Madam Chair.

asr-003231
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.

asr-003232
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.

asr-003233
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?

asr-003234
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.

asr-003235
03:35:50.479 --> 03:35:55.160
Rep. Julienne "Jam" L. Baronda: Despite and in spite the challenges you've been facing.

asr-003236
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.

asr-003237
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.

asr-003238
03:36:14.000 --> 03:36:16.000
Rep. Julienne "Jam" L. Baronda: Diba?

asr-003239
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.

asr-003240
03:36:26.040 --> 03:36:28.600
Rep. Julienne "Jam" L. Baronda: Somehow, manage the losses.

asr-003241
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.

asr-003242
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,

asr-003243
03:36:53.640 --> 03:36:57.600
Rep. Julienne "Jam" L. Baronda: despite this.

asr-003244
03:36:57.600 --> 03:37:03.640
Rep. Julienne "Jam" L. Baronda: This recent decision of Supreme Court.

asr-003245
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.

asr-003246
03:37:23.122 --> 03:37:23.874
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes.

asr-003247
03:37:23.874 --> 03:37:24.465
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah.

asr-003248
03:37:24.465 --> 03:37:27.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Commitment po namin yan.

asr-003249
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.

asr-003250
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,

asr-003251
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.

asr-003252
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.

asr-003253
03:38:17.600 --> 03:38:24.080
PAGCOR Chairman and CEO Alejandro H. Tengco: Iisa pong maliwanag, liliit po ng malaki ang gastos.

asr-003254
03:38:24.080 --> 03:38:24.600
PAGCOR Chairman and CEO Alejandro H. Tengco: 5 billion.

asr-003255
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,

asr-003256
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.

asr-003257
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,

asr-003258
03:38:47.439 --> 03:38:50.319
PAGCOR Chairman and CEO Alejandro H. Tengco: mananatiling maayos.

asr-003259
03:38:50.319 --> 03:38:54.520
PAGCOR Chairman and CEO Alejandro H. Tengco: And dahilan sa automatic na ang batas naman,

asr-003260
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.

asr-003261
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,

asr-003262
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.

asr-003263
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,

asr-003264
03:39:20.439 --> 03:39:26.151
PAGCOR Chairman and CEO Alejandro H. Tengco: natitiya ko po sa inyo, your honor,

asr-003265
03:39:26.151 --> 03:39:26.880
PAGCOR Chairman and CEO Alejandro H. Tengco: natitiya.

asr-003266
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.

asr-003267
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.

asr-003268
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,

asr-003269
03:39:53.239 --> 03:39:57.239
Rep. Julienne "Jam" L. Baronda: we'd be able to deliver what is expected from you.

asr-003270
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.

asr-003271
03:40:07.239 --> 03:40:08.479
Rep. Julienne "Jam" L. Baronda: Yes.

asr-003272
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.

asr-003273
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.

asr-003274
03:40:24.640 --> 03:40:26.880
Rep. Julienne "Jam" L. Baronda: So if you've mentioned that POG,

asr-003275
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.

asr-003276
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.

asr-003277
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.

asr-003279
03:40:59.199 --> 03:41:01.607
PAGCOR Chairman and CEO Alejandro H. Tengco: Your honor, Congressman Jam.

asr-003280
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.

asr-003281
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,

asr-003282
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.

asr-003283
03:41:25.520 --> 03:41:26.800
PAGCOR Chairman and CEO Alejandro H. Tengco: So, mangyari...

asr-003284
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.

asr-003285
03:41:49.279 --> 03:41:50.560
Rep. Julienne "Jam" L. Baronda: Umasa po kayo ron?

asr-003286
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.

asr-003287
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.

asr-003288
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.

asr-003289
03:42:18.040 --> 03:42:19.000
Rep. Julienne "Jam" L. Baronda: Diba, may problema.

asr-003290
03:42:19.000 --> 03:42:22.840
Rep. Julienne "Jam" L. Baronda: So he needs special care.

asr-003291
03:42:22.840 --> 03:42:28.960
Rep. Julienne "Jam" L. Baronda: So sa DepEd, especially sa mga spread.

asr-003292
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.

asr-003293
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.

asr-003294
03:42:53.399 --> 03:42:57.920
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi iba ang requirement ng children.

asr-003295
03:42:57.920 --> 03:42:59.520
PAGCOR Chairman and CEO Alejandro H. Tengco: With special needs.

asr-003296
03:42:59.520 --> 03:43:05.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Baka makonsider nyo ito, Mr. Chair.

asr-003297
03:43:05.560 --> 03:43:08.159
PAGCOR Chairman and CEO Alejandro H. Tengco: Again, it's a laudable project.

asr-003298
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.

asr-003299
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.

asr-003300
03:43:25.600 --> 03:43:26.159
Rep. Julienne "Jam" L. Baronda: Thank you po.

asr-003301
03:43:26.159 --> 03:43:29.840
Rep. Julienne "Jam" L. Baronda: I will coordinate with Secretary Angara.

asr-003302
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.

asr-003303
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.

asr-003304
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...

asr-003305
03:43:59.399 --> 03:44:02.040
Rep. Julienne "Jam" L. Baronda: Women in every Women's Month.

asr-003306
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.

asr-003307
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...

asr-003308
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.

asr-003309
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.

asr-003310
03:44:47.199 --> 03:44:48.760
PAGCOR Chairman and CEO Alejandro H. Tengco: And I'm...

asr-003311
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.

asr-003312
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.

asr-003313
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.

asr-003314
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.

asr-003315
03:46:12.032 --> 03:46:13.960
Rep. Julienne "Jam" L. Baronda: Thank you so much.

asr-003316
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.

asr-003317
03:46:42.319 --> 03:46:45.399
PAGCOR Chairman and CEO Alejandro H. Tengco: Thank you, your honor.

asr-003318
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.

asr-003319
03:46:51.920 --> 03:47:23.319
Rep. Jesus "Bong" C. Suntay: Thank you very much, Madam Chair.

asr-003320
03:47:23.319 --> 03:47:33.199
Rep. Jesus "Bong" C. Suntay: Thank you very much, sir.

asr-003322
03:47:33.199 --> 03:47:44.960
Rep. Jesus "Bong" C. Suntay: So, the earnings of PAGCOR come from casino funds.

asr-003323
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.

asr-003324
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,

asr-003325
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?

asr-003326
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.

asr-003327
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?

asr-003328
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.

asr-003329
03:48:28.880 --> 03:48:32.520
Rep. Jesus "Bong" C. Suntay: Now, how much is the income of casino Filipino operations?

asr-003330
03:48:32.520 --> 03:48:35.439
Rep. Jesus "Bong" C. Suntay: I think it's 38 billion.

asr-003331
03:48:35.439 --> 03:48:36.359
Rep. Jesus "Bong" C. Suntay: 38?

asr-003332
03:48:36.359 --> 03:48:36.895
Rep. Jesus "Bong" C. Suntay: 38?

asr-003333
03:48:36.895 --> 03:48:41.880
Rep. Jesus "Bong" C. Suntay: Can you get it?

asr-003334
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.

asr-003335
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?

asr-003336
03:48:58.520 --> 03:49:00.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Projected revenue for 2026?

asr-003337
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.

asr-003338
03:49:06.800 --> 03:49:08.520
PAGCOR Chairman and CEO Alejandro H. Tengco: No, the licensed one.

asr-003339
03:49:08.520 --> 03:49:11.080
PAGCOR Chairman and CEO Alejandro H. Tengco: It's the private one.

asr-003340
03:49:11.080 --> 03:49:15.640
Rep. Jesus "Bong" C. Suntay: We're looking at about Php 31, Php 31.5 billion.

asr-003341
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.

asr-003342
03:49:19.880 --> 03:49:22.520
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, sir. Yes, Your Honor. Sorry.

asr-003343
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?

asr-003344
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.

asr-003345
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.

asr-003346
03:49:46.880 --> 03:49:47.359
Rep. Jesus "Bong" C. Suntay: Okay.

asr-003347
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.

asr-003348
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?

asr-003349
03:49:59.800 --> 03:50:04.880
Rep. Jesus "Bong" C. Suntay: The projected revenue for 2026 is Php 38 billion.

asr-003350
03:50:04.880 --> 03:50:06.960
Rep. Jesus "Bong" C. Suntay: Php 38 to 40 billion.

asr-003351
03:50:06.960 --> 03:50:08.279
Rep. Jesus "Bong" C. Suntay: Php 38 to 40 billion.

asr-003352
03:50:08.279 --> 03:50:15.132
Rep. Jesus "Bong" C. Suntay: But the highest revenue generator would now be digital e-games.

asr-003353
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.

asr-003354
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?

asr-003357
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.

asr-003357-split-2
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.

asr-003358
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.

asr-003358-split-2
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.

asr-003359
03:51:37.720 --> 03:51:41.680
PAGCOR Chairman and CEO Alejandro H. Tengco: It's just one full circle.

asr-003360
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.

asr-003361
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,

asr-003362
03:51:57.319 --> 03:52:00.120
PAGCOR Chairman and CEO Alejandro H. Tengco: the income of licensed casinos really increased.

asr-003363
03:52:00.120 --> 03:52:06.439
PAGCOR Chairman and CEO Alejandro H. Tengco: But when it recovered, it rebelled.

asr-003364
03:52:06.439 --> 03:52:12.239
PAGCOR Chairman and CEO Alejandro H. Tengco: The revenue of this really increased.

asr-003365
03:52:12.239 --> 03:52:15.479
PAGCOR Chairman and CEO Alejandro H. Tengco: Now, because of all these problems we are encountering,

asr-003366
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,

asr-003367
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.

asr-003368
03:52:31.088 --> 03:52:35.640
PAGCOR Chairman and CEO Alejandro H. Tengco: But like the historical data I'm reading,

asr-003369
03:52:35.640 --> 03:52:39.920
PAGCOR Chairman and CEO Alejandro H. Tengco: all the 40, almost 45 years of PAGCOR,

asr-003370
03:52:39.920 --> 03:52:43.861
PAGCOR Chairman and CEO Alejandro H. Tengco: its revenue really has a cycle.

asr-003371
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

asr-003372
03:52:51.520 --> 03:52:55.800
PAGCOR Chairman and CEO Alejandro H. Tengco: because digital advances in technology are already dictating.

asr-003373
03:52:55.800 --> 03:53:01.040
PAGCOR Chairman and CEO Alejandro H. Tengco: Plus, the whole world, including the United Arab Emirates,

asr-003374
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.

asr-003375
03:53:05.439 --> 03:53:07.600
PAGCOR Chairman and CEO Alejandro H. Tengco: For online gaming.

asr-003376
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.

asr-003377
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,

asr-003378
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.

asr-003379
03:53:26.447 --> 03:53:27.856
Rep. Jesus "Bong" C. Suntay: Your Honor.

asr-003380
03:53:27.856 --> 03:53:29.120
Rep. Jesus "Bong" C. Suntay: I have a question.

asr-003381
03:53:29.120 --> 03:53:32.159
Rep. Jesus "Bong" C. Suntay: Because while the concern of others,

asr-003382
03:53:32.159 --> 03:53:35.327
Rep. Jesus "Bong" C. Suntay: while their concern is the dwindling revenue,

asr-003383
03:53:35.327 --> 03:53:37.319
Rep. Jesus "Bong" C. Suntay: the dwindling revenue of PAGCOR,

asr-003384
03:53:37.319 --> 03:53:39.560
Rep. Jesus "Bong" C. Suntay: my concern is different.

asr-003385
03:53:39.560 --> 03:53:44.040
Rep. Jesus "Bong" C. Suntay: Where will the revenue of PAGCOR come from?

asr-003386
03:53:44.040 --> 03:53:48.239
Rep. Jesus "Bong" C. Suntay: Because, as you mentioned earlier,

asr-003387
03:53:48.239 --> 03:53:50.013
Rep. Jesus "Bong" C. Suntay: online gaming is increasing.

asr-003388
03:53:50.013 --> 03:53:53.039
Rep. Jesus "Bong" C. Suntay: You also mentioned earlier, Chairman Al,

asr-003389
03:53:53.039 --> 03:53:58.600
Rep. Jesus "Bong" C. Suntay: that usually, the one who plays online games comes from CDE.

asr-003390
03:53:58.600 --> 03:54:02.399
Rep. Jesus "Bong" C. Suntay: So, it means, that's where the money will come from.

asr-003391
03:54:02.399 --> 03:54:06.279
Rep. Jesus "Bong" C. Suntay: And then we are spending, well, you are giving,

asr-003393
03:54:06.279 --> 03:54:07.279
Rep. Jesus "Bong" C. Suntay: what?

asr-003394
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?

asr-003395
03:54:16.120 --> 03:54:21.960
Rep. Jesus "Bong" C. Suntay: And also, the one you are using for social outreach?

asr-003396
03:54:21.960 --> 03:54:23.680
Rep. Jesus "Bong" C. Suntay: How many percent?

asr-003397
03:54:23.680 --> 03:54:25.920
Rep. Jesus "Bong" C. Suntay: How many billion?

asr-003398
03:54:25.920 --> 03:54:29.439
PAGCOR Chairman and CEO Alejandro H. Tengco: A billion for social outreach.

asr-003399
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.

asr-003401
03:54:35.080 --> 03:54:36.680
PAGCOR Chairman and CEO Alejandro H. Tengco: 15 to 18 billion.

asr-003402
03:54:36.680 --> 03:54:38.760
Rep. Jesus "Bong" C. Suntay: 15 to 18 billion.

asr-003403
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

asr-003404
03:54:44.927 --> 03:54:47.736
Rep. Jesus "Bong" C. Suntay: is getting money from CDE,

asr-003405
03:54:47.736 --> 03:54:53.080
Rep. Jesus "Bong" C. Suntay: and then we will release money for social projects

asr-003406
03:54:53.080 --> 03:54:55.760
Rep. Jesus "Bong" C. Suntay: in the amount of about 18 billion,

asr-003407
03:54:55.760 --> 03:55:00.093
Rep. Jesus "Bong" C. Suntay: not to mention the President's Social Fund also,

asr-003408
03:55:00.093 --> 03:55:02.199
Rep. Jesus "Bong" C. Suntay: which is also being used there,

asr-003409
03:55:02.199 --> 03:55:04.055
Rep. Jesus "Bong" C. Suntay: also to help the CDE.

asr-003410
03:55:04.055 --> 03:55:08.520
Rep. Jesus "Bong" C. Suntay: The people who are also getting money,

asr-003411
03:55:08.520 --> 03:55:09.540
Rep. Jesus "Bong" C. Suntay: the same class of people,

asr-003412
03:55:09.540 --> 03:55:12.439
Rep. Jesus "Bong" C. Suntay: where the money is also coming from.

asr-003413
03:55:12.439 --> 03:55:15.840
Rep. Jesus "Bong" C. Suntay: That's why, that's the cause of my concern.

asr-003414
03:55:15.840 --> 03:55:24.800
Rep. Jesus "Bong" C. Suntay: Because fundamentally, the architectural framework of online gaming is different.

asr-003415
03:55:24.800 --> 03:55:31.199
Rep. Jesus "Bong" C. Suntay: Unlike physical casinos, there are also physical barriers.

asr-003416
03:55:31.199 --> 03:55:33.079
Rep. Jesus "Bong" C. Suntay: Before you can enter,

asr-003417
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,

asr-003418
03:55:38.920 --> 03:55:42.199
Rep. Jesus "Bong" C. Suntay: unlike online gaming.

asr-003419
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,

asr-003420
03:55:46.894 --> 03:55:49.439
Rep. Jesus "Bong" C. Suntay: when they allowed E-Sabong.

asr-003421
03:55:49.439 --> 03:55:51.199
Rep. Jesus "Bong" C. Suntay: I could not understand why,

asr-003422
03:55:51.199 --> 03:55:55.640
Rep. Jesus "Bong" C. Suntay: during the time when the economy was closed,

asr-003423
03:55:55.640 --> 03:55:57.260
Rep. Jesus "Bong" C. Suntay: there was a lockdown,

asr-003424
03:55:57.260 --> 03:56:01.479
Rep. Jesus "Bong" C. Suntay: the Filipinos were unable to work,

asr-003425
03:56:01.479 --> 03:56:03.721
Rep. Jesus "Bong" C. Suntay: the government allowed the program,

asr-003426
03:56:03.721 --> 03:56:09.080
Rep. Jesus "Bong" C. Suntay: the government allowed the proliferation of E-Sabong.

asr-003427
03:56:09.080 --> 03:56:14.239
Rep. Jesus "Bong" C. Suntay: The security guards, the children, the people without money.

asr-003428
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,

asr-003429
03:56:23.319 --> 03:56:27.840
PAGCOR Chairman and CEO Alejandro H. Tengco: we have to strengthen first our regulatory powers

asr-003430
03:56:27.840 --> 03:56:30.653
PAGCOR Chairman and CEO Alejandro H. Tengco: on how to police

asr-003431
03:56:30.653 --> 03:56:36.399
PAGCOR Chairman and CEO Alejandro H. Tengco: those who are playing games?

asr-003432
03:56:36.399 --> 03:56:39.159
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, I totally agree with you,

asr-003433
03:56:39.159 --> 03:56:41.720
PAGCOR Chairman and CEO Alejandro H. Tengco: with your comments.

asr-003434
03:56:41.720 --> 03:56:45.000
PAGCOR Chairman and CEO Alejandro H. Tengco: But unfortunately,

asr-003435
03:56:45.000 --> 03:56:48.346
PAGCOR Chairman and CEO Alejandro H. Tengco: advances in technology are too fast

asr-003436
03:56:48.346 --> 03:56:50.657
PAGCOR Chairman and CEO Alejandro H. Tengco: that we cannot not follow suit.

asr-003437
03:56:50.657 --> 03:56:53.439
PAGCOR Chairman and CEO Alejandro H. Tengco: Because what will happen, Your Honor,

asr-003438
03:56:53.439 --> 03:56:57.439
PAGCOR Chairman and CEO Alejandro H. Tengco: if we don't follow suit,

asr-003439
03:56:57.439 --> 03:57:00.080
PAGCOR Chairman and CEO Alejandro H. Tengco: it will be illegal for the technology to flourish.

asr-003440
03:57:00.080 --> 03:57:03.917
PAGCOR Chairman and CEO Alejandro H. Tengco: Because the illegals are the ones who are saddened.

asr-003441
03:57:03.917 --> 03:57:05.305
PAGCOR Chairman and CEO Alejandro H. Tengco: There are no illegals here in the Philippines.

asr-003442
03:57:05.305 --> 03:57:07.840
PAGCOR Chairman and CEO Alejandro H. Tengco: We are being targeted outside.

asr-003443
03:57:07.840 --> 03:57:15.114
PAGCOR Chairman and CEO Alejandro H. Tengco: So, I understand what you are saying.

asr-003444
03:57:15.114 --> 03:57:20.991
PAGCOR Chairman and CEO Alejandro H. Tengco: But we cannot continue to fight for the present.

asr-003445
03:57:20.991 --> 03:57:24.157
PAGCOR Chairman and CEO Alejandro H. Tengco: Because we will eat the illegals.

asr-003446
03:57:24.157 --> 03:57:25.600
PAGCOR Chairman and CEO Alejandro H. Tengco: The illegals are continuing.

asr-003447
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.

asr-003448
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.

asr-003449
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.

asr-003450
03:57:50.254 --> 03:57:54.760
PAGCOR Chairman and CEO Alejandro H. Tengco: Because if not, we will eat our lives.

asr-003451
03:57:54.760 --> 03:57:59.520
PAGCOR Chairman and CEO Alejandro H. Tengco: So, I totally agree with you, Your Honor.

asr-003452
03:57:59.520 --> 03:58:01.840
PAGCOR Chairman and CEO Alejandro H. Tengco: We are doing whatever we can.

asr-003453
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.

asr-003454
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.

asr-003455
03:58:16.680 --> 03:58:22.680
PAGCOR Chairman and CEO Alejandro H. Tengco: But unfortunately, we also have to...

asr-003456
03:58:22.680 --> 03:58:28.338
PAGCOR Chairman and CEO Alejandro H. Tengco: go head-to-head with the online gaming industry.

asr-003457
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

asr-003458
03:58:36.321 --> 03:58:41.600
Rep. Jesus "Bong" C. Suntay: who are constantly harassing our fellow citizens.

asr-003459
03:58:41.600 --> 03:58:42.640
Rep. Jesus "Bong" C. Suntay: Yes, Chairman Alf.

asr-003460
03:58:42.640 --> 03:58:44.080
Rep. Jesus "Bong" C. Suntay: I totally agree with you.

asr-003461
03:58:44.080 --> 03:58:46.439
Rep. Jesus "Bong" C. Suntay: In fact, I'm not against online gaming.

asr-003462
03:58:46.439 --> 03:58:48.279
Rep. Jesus "Bong" C. Suntay: What I'm saying is...

asr-003463
03:58:48.279 --> 03:58:51.399
Rep. Jesus "Bong" C. Suntay: What I'm against is...

asr-003465
03:58:51.399 --> 03:59:00.479
Rep. Jesus "Bong" C. Suntay: How can we properly police the people who play online games?

asr-003466
03:59:00.479 --> 03:59:02.520
Rep. Jesus "Bong" C. Suntay: How do we police them?

asr-003467
03:59:02.520 --> 03:59:06.080
Rep. Jesus "Bong" C. Suntay: Whether they're minors, whether they come from the...

asr-003468
03:59:06.080 --> 03:59:07.720
Rep. Jesus "Bong" C. Suntay: That's what you're saying.

asr-003469
03:59:07.720 --> 03:59:10.560
Rep. Jesus "Bong" C. Suntay: We know that it comes from CDE.

asr-003470
03:59:10.560 --> 03:59:15.373
Rep. Jesus "Bong" C. Suntay: And to allow them to continue to gamble...

asr-003471
03:59:15.373 --> 03:59:17.973
Rep. Jesus "Bong" C. Suntay: There's always a complaint.

asr-003472
03:59:17.973 --> 03:59:19.487
Rep. Jesus "Bong" C. Suntay: There's a shortage of medicine to buy.

asr-003473
03:59:19.487 --> 03:59:21.227
Rep. Jesus "Bong" C. Suntay: There's a shortage of food to buy.

asr-003474
03:59:21.227 --> 03:59:23.160
Rep. Jesus "Bong" C. Suntay: There's a shortage of electricity to pay.

asr-003475
03:59:23.160 --> 03:59:25.960
Rep. Jesus "Bong" C. Suntay: There's a shortage of education for the children.

asr-003476
03:59:25.960 --> 03:59:32.600
Rep. Jesus "Bong" C. Suntay: But usually, as your data would show...

asr-003477
03:59:32.600 --> 03:59:37.880
Rep. Jesus "Bong" C. Suntay: They are usually the customers of online gaming sites.

asr-003478
03:59:37.880 --> 03:59:40.840
Rep. Jesus "Bong" C. Suntay: And I think...

asr-003479
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.

asr-003480
03:59:45.720 --> 03:59:47.120
Rep. Jesus "Bong" C. Suntay: Otherwise...

asr-003482
03:59:47.120 --> 03:59:51.760
Rep. Jesus "Bong" C. Suntay: Kawawa naman yung walang mangyayari sa bansa natin.

asr-003483
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,

asr-003484
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.

asr-003485
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?

asr-003486
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.

asr-003487
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,

asr-003488
04:00:40.399 --> 04:00:41.439
Rep. Jesus "Bong" C. Suntay: hindi, kayaan muna.

asr-003489
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.

asr-003490
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.

asr-003491
04:00:51.800 --> 04:00:57.920
PAGCOR Chairman and CEO Alejandro H. Tengco: Baka ganyan din yung mangyayari sa atin.

asr-003492
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.

asr-003493
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,

asr-003494
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.

asr-003495
04:01:23.760 --> 04:01:25.680
Rep. Mikaela Angela B. Suansing: Thank you very much, Chair.

asr-003496
04:01:25.680 --> 04:01:26.840
Rep. Mikaela Angela B. Suansing: Thank you.

asr-003497
04:01:26.840 --> 04:01:29.399
Rep. Mikaela Angela B. Suansing: Thank you, Representative Bong Sunday.

asr-003498
04:01:29.399 --> 04:01:34.239
Rep. Mikaela Angela B. Suansing: Our next interpellator, Representative Mica Gonzales.

asr-003499
04:01:34.239 --> 04:01:36.399
Rep. Alyssa Michaela "Mica" M. Gonzales: Thank you, Madam Chair.

asr-003500
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

asr-003501
04:01:43.359 --> 04:01:47.560
Rep. Alyssa Michaela "Mica" M. Gonzales: the Filipino people from excessive gambling, di ba po?

asr-003502
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,

asr-003503
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.

asr-003504
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.

asr-003505
04:02:09.640 --> 04:02:13.159
Rep. Alyssa Michaela "Mica" M. Gonzales: I asked them previously kung sino ba nasa set.

asr-003506
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?

asr-003507
04:02:20.880 --> 04:02:25.600
Rep. Alyssa Michaela "Mica" M. Gonzales: Wala pala tayong sineset na cap per player.

asr-003508
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?

asr-003509
04:02:37.439 --> 04:02:39.920
PAGCOR Chairman and CEO Alejandro H. Tengco: Sa ngayon po, wala.

asr-003510
04:02:39.920 --> 04:02:42.800
PAGCOR Chairman and CEO Alejandro H. Tengco: I'd be very candid and honest about it.

asr-003511
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,

asr-003512
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.

asr-003513
04:03:04.640 --> 04:03:06.080
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, because...

asr-003514
04:03:06.080 --> 04:03:13.359
Rep. Alyssa Michaela "Mica" M. Gonzales: Yun po ang, Your Honor, yun po ang gustong patunguan.

asr-003515
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.

asr-003516
04:03:19.880 --> 04:03:22.120
Rep. Alyssa Michaela "Mica" M. Gonzales: Your Honor.

asr-003517
04:03:22.120 --> 04:03:23.479
Rep. Alyssa Michaela "Mica" M. Gonzales: Thank you, Madam Chair.

asr-003518
04:03:23.479 --> 04:03:26.479
Rep. Alyssa Michaela "Mica" M. Gonzales: Next question po.

asr-003519
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.

asr-003520
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.

asr-003521
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.

asr-003522
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?

asr-003523
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,

asr-003524
04:04:11.880 --> 04:04:14.640
PAGCOR Chairman and CEO Alejandro H. Tengco: meaning, know your customer.

asr-003525
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.

asr-003526
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,

asr-003527
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.

asr-003528
04:04:40.640 --> 04:04:42.178
PAGCOR Chairman and CEO Alejandro H. Tengco: So, kung sa kanilang...

asr-003529
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,

asr-003530
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.

asr-003531
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,

asr-003532
04:05:08.359 --> 04:05:11.359
PAGCOR Chairman and CEO Alejandro H. Tengco: we void the winnings.

asr-003533
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,

asr-003534
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

asr-003535
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.

asr-003536
04:05:35.520 --> 04:05:40.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Yun po yung secondary screening process.

asr-003537
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.

asr-003538
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.

asr-003539
04:05:56.239 --> 04:06:01.399
PAGCOR Chairman and CEO Alejandro H. Tengco: Unfortunately, Your Honor, meron pa pong nakalulusot doon.

asr-003540
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,

asr-003541
04:06:08.560 --> 04:06:10.080
PAGCOR Chairman and CEO Alejandro H. Tengco: eh meron.

asr-003542
04:06:10.080 --> 04:06:11.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron pa rin pong gano'n.

asr-003543
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,

asr-003544
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.

asr-003545
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

asr-003546
04:06:34.840 --> 04:06:39.640
Rep. Alyssa Michaela "Mica" M. Gonzales: dahil sa marami na po kaming vinoid na winnings.

asr-003547
04:06:39.640 --> 04:06:40.359
Rep. Alyssa Michaela "Mica" M. Gonzales: Yun lang.

asr-003548
04:06:40.359 --> 04:06:41.359
Rep. Alyssa Michaela "Mica" M. Gonzales: Thank you, Your Honor.

asr-003549
04:06:41.359 --> 04:06:44.239
Rep. Alyssa Michaela "Mica" M. Gonzales: Thank you, Madam Chair Chairman Al.

asr-003550
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?

asr-003551
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.

asr-003552
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?

asr-003553
04:07:03.600 --> 04:07:07.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Yes, that is through the KYC process, ma'am.

asr-003554
04:07:07.000 --> 04:07:08.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah.

asr-003555
04:07:08.000 --> 04:07:13.640
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung iba po yung KYC.

asr-003556
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

asr-003557
04:07:25.080 --> 04:07:30.199
PAGCOR Chairman and CEO Alejandro H. Tengco: kung ikaw ay government employee dahilan sa KYC.

asr-003558
04:07:30.199 --> 04:07:35.040
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang malaki pong problema, Your Honor, yung iligal po.

asr-003559
04:07:35.040 --> 04:07:38.600
PAGCOR Chairman and CEO Alejandro H. Tengco: Sapagkat sa iligal, wala pong KYC process.

asr-003560
04:07:38.600 --> 04:07:40.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Maging sa edad?

asr-003561
04:07:40.840 --> 04:07:46.399
PAGCOR Chairman and CEO Alejandro H. Tengco: Occupation or identification, yun po ang malaking problema natin.

asr-003562
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.

asr-003563
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.

asr-003564
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,

asr-003565
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.

asr-003566
04:08:22.560 --> 04:08:23.600
Rep. Alyssa Michaela "Mica" M. Gonzales: Thank you, Madam Chair.

asr-003567
04:08:23.600 --> 04:08:26.399
Rep. Alyssa Michaela "Mica" M. Gonzales: So, last question na lamang po.

asr-003568
04:08:26.399 --> 04:08:34.199
Rep. Alyssa Michaela "Mica" M. Gonzales: Since we have stern warning sa mga kasino operators po,

asr-003569
04:08:34.199 --> 04:08:38.040
Rep. Alyssa Michaela "Mica" M. Gonzales: do we also have sort of mechanism of,

asr-003570
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?

asr-003571
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?

asr-003572
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,

asr-003573
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,

asr-003574
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.

asr-003575
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.

asr-003576
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,

asr-003577
04:09:33.040 --> 04:09:37.760
PAGCOR Chairman and CEO Alejandro H. Tengco: para magsabing ayoko na magsugal, ipaban niyo po ako.

asr-003578
04:09:37.760 --> 04:09:42.159
PAGCOR Chairman and CEO Alejandro H. Tengco: So, that ban is there for years.

asr-003579
04:09:42.159 --> 04:09:44.880
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po natin linilift basta-basta yun.

asr-003580
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,

asr-003581
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

asr-003582
04:10:00.600 --> 04:10:05.000
PAGCOR Chairman and CEO Alejandro H. Tengco: na hindi pwedeng makapaglaro.

asr-003583
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

asr-003584
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,

asr-003585
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.

asr-003586
04:10:30.520 --> 04:10:38.520
PAGCOR Chairman and CEO Alejandro H. Tengco: 15,000 na po ang numero na meron tayo.

asr-003587
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

asr-003588
04:10:45.439 --> 04:10:53.080
PAGCOR Chairman and CEO Alejandro H. Tengco: ang nag-apply for self-exclusion program ng PAGCOR.

asr-003589
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.

asr-003590
04:10:57.040 --> 04:10:59.239
Rep. Mikaela Angela B. Suansing: Salamat din po, Your Honor.

asr-003591
04:10:59.239 --> 04:11:03.680
Rep. Mikaela Angela B. Suansing: Thank you, Representative Mica Gonzales.

asr-003592
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.

asr-003593
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.

asr-003594
04:11:14.680 --> 04:11:18.840
Rep. Mikaela Angela B. Suansing: Our next interpellator, Representative Shirlyn Bañas-Nograles.

asr-003595
04:11:18.840 --> 04:11:20.800
Rep. Shirlyn L. Bañas-Nograles: Thank you, Madam Chair.

asr-003596
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.

asr-003597
04:11:25.520 --> 04:11:27.560
Rep. Shirlyn L. Bañas-Nograles: I just have two queries.

asr-003598
04:11:27.560 --> 04:11:30.760
Rep. Shirlyn L. Bañas-Nograles: Still on online gambling.

asr-003599
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.

asr-003600
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.

asr-003601
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,

asr-003602
04:11:52.080 --> 04:12:00.279
Rep. Shirlyn L. Bañas-Nograles: meron po ba tayong stringent technical protocol imposed on licenses?

asr-003603
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.

asr-003604
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.

asr-003605
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.

asr-003606
04:12:18.640 --> 04:12:22.880
Rep. Shirlyn L. Bañas-Nograles: At second question ko po, isahin ko na lang para mabilis.

asr-003607
04:12:22.880 --> 04:12:27.800
Rep. Shirlyn L. Bañas-Nograles: In the report po, your relief operations for calamity victims,

asr-003608
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.

asr-003609
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.

asr-003610
04:12:37.600 --> 04:12:42.080
Rep. Shirlyn L. Bañas-Nograles: In the recent earthquake that happened in General Santos City,

asr-003611
04:12:42.080 --> 04:12:44.960
Rep. Shirlyn L. Bañas-Nograles: maybe some details just eluded me.

asr-003612
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?

asr-003613
04:12:49.840 --> 04:12:56.159
Rep. Shirlyn L. Bañas-Nograles: And second po, construction of classrooms

asr-003614
04:12:56.159 --> 04:13:03.040
Rep. Shirlyn L. Bañas-Nograles: is also included among the priority projects of pub core.

asr-003615
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.

asr-003616
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,

asr-003617
04:13:13.680 --> 04:13:17.479
Rep. Shirlyn L. Bañas-Nograles: since it is mentioned among your priority program.

asr-003618
04:13:17.479 --> 04:13:20.640
Rep. Shirlyn L. Bañas-Nograles: Your Honor, ma'am.

asr-003619
04:13:20.640 --> 04:13:22.359
PAGCOR Chairman and CEO Alejandro H. Tengco: You're asking what's the process?

asr-003620
04:13:22.359 --> 04:13:26.040
PAGCOR Chairman and CEO Alejandro H. Tengco: The process is when there's a major calamity,

asr-003621
04:13:26.040 --> 04:13:28.199
PAGCOR Chairman and CEO Alejandro H. Tengco: Doon po muna tayo sa first question.

asr-003622
04:13:28.199 --> 04:13:31.119
PAGCOR Chairman and CEO Alejandro H. Tengco: Is there a stringent technical protocol?

asr-003623
04:13:31.119 --> 04:13:36.119
PAGCOR Chairman and CEO Alejandro H. Tengco: The stringent measure, Your Honor, is the KYC process.

asr-003624
04:13:36.119 --> 04:13:38.800
PAGCOR Chairman and CEO Alejandro H. Tengco: Know your customer process.

asr-003625
04:13:38.800 --> 04:13:42.640
PAGCOR Chairman and CEO Alejandro H. Tengco: You cannot register in an online gaming,

asr-003626
04:13:42.640 --> 04:13:45.319
PAGCOR Chairman and CEO Alejandro H. Tengco: I'm sure you're referring to online gaming.

asr-003627
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

asr-003628
04:13:49.840 --> 04:13:53.359
PAGCOR Chairman and CEO Alejandro H. Tengco: to become a regular customer or player

asr-003629
04:13:53.359 --> 04:13:55.960
PAGCOR Chairman and CEO Alejandro H. Tengco: if you do not go to a,

asr-003630
04:13:55.960 --> 04:13:57.600
PAGCOR Chairman and CEO Alejandro H. Tengco: KYC.

asr-003631
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,

asr-003632
04:14:05.520 --> 04:14:08.920
PAGCOR Chairman and CEO Alejandro H. Tengco: bago po kayo makapaglaro, dapat makumpleto niyo yun.

asr-003633
04:14:08.920 --> 04:14:14.560
PAGCOR Chairman and CEO Alejandro H. Tengco: And doon po ay nandun lahat ng datos ninyo.

asr-003634
04:14:14.560 --> 04:14:17.080
PAGCOR Chairman and CEO Alejandro H. Tengco: Whether you are a government employee,

asr-003635
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.

asr-003636
04:14:25.159 --> 04:14:25.800
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

asr-003637
04:14:25.800 --> 04:14:27.800
PAGCOR Chairman and CEO Alejandro H. Tengco: that is being implemented.

asr-003638
04:14:27.800 --> 04:14:30.399
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang sinasabi ko po earlier,

asr-003639
04:14:30.399 --> 04:14:32.920
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, ang problema po natin,

asr-003640
04:14:32.920 --> 04:14:35.840
PAGCOR Chairman and CEO Alejandro H. Tengco: kaya maraming nalululun talaga,

asr-003641
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.

asr-003642
04:14:40.239 --> 04:14:45.880
PAGCOR Chairman and CEO Alejandro H. Tengco: They compose 50% of the total industry.

asr-003643
04:14:45.880 --> 04:14:47.239
PAGCOR Chairman and CEO Alejandro H. Tengco: Doon po kasi,

asr-003644
04:14:47.239 --> 04:14:50.760
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi wala ni isang uri ng proseso.

asr-003645
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.

asr-003646
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.

asr-003647
04:15:04.199 --> 04:15:08.760
PAGCOR Chairman and CEO Alejandro H. Tengco: So that is my answer to question number one.

asr-003648
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

asr-003649
04:15:17.399 --> 04:15:27.159
PAGCOR Chairman and CEO Alejandro H. Tengco: by giving financial and relief packages.

asr-003650
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.

asr-003651
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.

asr-003652
04:15:37.520 --> 04:15:38.319
PAGCOR Chairman and CEO Alejandro H. Tengco: Now,

asr-003653
04:15:38.319 --> 04:15:42.880
PAGCOR Chairman and CEO Alejandro H. Tengco: on your question number two,

asr-003654
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?

asr-003655
04:15:46.800 --> 04:15:50.680
Rep. Shirlyn L. Bañas-Nograles: Pag may malaki pong kalamigat,

asr-003656
04:15:50.680 --> 04:15:56.239
Rep. Shirlyn L. Bañas-Nograles: we already voluntarily help.

asr-003657
04:15:56.239 --> 04:15:57.199
Rep. Shirlyn L. Bañas-Nograles: Hindi na po humingi.

asr-003658
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,

asr-003659
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.

asr-003660
04:16:08.000 --> 04:16:10.880
Rep. Shirlyn L. Bañas-Nograles: And wala pong problema yun, we support.

asr-003661
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.

asr-003662
04:16:21.920 --> 04:16:27.199
Rep. Shirlyn L. Bañas-Nograles: And some of your colleagues have received also help.

asr-003663
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.

asr-003664
04:16:34.640 --> 04:16:35.520
Rep. Shirlyn L. Bañas-Nograles: Thank you, sir.

asr-003665
04:16:35.520 --> 04:16:37.840
Rep. Shirlyn L. Bañas-Nograles: Maybe you can help us also with the classroom.

asr-003666
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...

asr-003667
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.

asr-003668
04:16:48.359 --> 04:16:49.119
PAGCOR Chairman and CEO Alejandro H. Tengco: Rehabilitation.

asr-003669
04:16:49.119 --> 04:16:49.680
PAGCOR Chairman and CEO Alejandro H. Tengco: O, rehabilitation.

asr-003670
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

asr-003671
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.

asr-003672
04:17:04.840 --> 04:17:05.960
Rep. Shirlyn L. Bañas-Nograles: Okay, sir.

asr-003673
04:17:05.960 --> 04:17:06.600
Rep. Shirlyn L. Bañas-Nograles: I will...

asr-003674
04:17:06.600 --> 04:17:07.920
Rep. Shirlyn L. Bañas-Nograles: We will surely write...

asr-003675
04:17:07.920 --> 04:17:09.319
Rep. Shirlyn L. Bañas-Nograles: I'll communicate with PAGCOR.

asr-003676
04:17:09.319 --> 04:17:10.720
Rep. Shirlyn L. Bañas-Nograles: Thank you very much, po.

asr-003677
04:17:10.720 --> 04:17:13.920
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat din po sa inyo, Your Honor.

asr-003678
04:17:13.920 --> 04:17:17.359
Rep. Mikaela Angela B. Suansing: Thank you very much, Representative Banias Nograles.

asr-003679
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,

asr-003680
04:17:23.080 --> 04:17:25.279
Rep. Mikaela Angela B. Suansing: Representative Tony Roman.

asr-003681
04:17:25.279 --> 04:17:26.920
Rep. Antonino B. Roman III: Magandang tanghali po sa inyo.

asr-003682
04:17:26.920 --> 04:17:32.439
Rep. Antonino B. Roman III: Sana nakakain kayo habang sumasagot sa mga tanong.

asr-003683
04:17:32.439 --> 04:17:37.600
Rep. Antonino B. Roman III: Ito kong tinitin ako itong Comparting Results of Operations.

asr-003684
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.

asr-003685
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.

asr-003686
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?

asr-003687
04:18:00.680 --> 04:18:04.960
Rep. Antonino B. Roman III: O, ito po yung CSR projects.

asr-003688
04:18:04.960 --> 04:18:07.640
Rep. Antonino B. Roman III: Kasama na po rito yung...

asr-003689
04:18:07.640 --> 04:18:12.319
Rep. Antonino B. Roman III: Yung pagpapatayo po ng 125...

asr-003690
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.

asr-003691
04:18:18.880 --> 04:18:20.239
Rep. Mikaela Angela B. Suansing: Sorry po. Sorry to cut you off.

asr-003692
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.

asr-003693
04:18:24.479 --> 04:18:27.199
Rep. Mikaela Angela B. Suansing: Pero tumutuloy, nakikita ko gumagana.

asr-003694
04:18:27.199 --> 04:18:29.600
Rep. Mikaela Angela B. Suansing: Pasensya na po. Tuloy niyo lang.

asr-003695
04:18:29.600 --> 04:18:36.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, yun po yung Social Civic Projects namin

asr-003696
04:18:36.000 --> 04:18:39.600
PAGCOR Chairman and CEO Alejandro H. Tengco: that PAGCOR gives to...

asr-003697
04:18:39.600 --> 04:18:44.680
PAGCOR Chairman and CEO Alejandro H. Tengco: the different localities all over the Philippines.

asr-003698
04:18:44.680 --> 04:18:46.960
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasama na rin po diyan, kaya lumaki yan,

asr-003699
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

asr-003700
04:18:51.720 --> 04:18:57.439
PAGCOR Chairman and CEO Alejandro H. Tengco: to build 125 school buildings all over the Philippines

asr-003701
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.

asr-003702
04:19:04.359 --> 04:19:05.960
Rep. Antonino B. Roman III: Maraming salamat.

asr-003703
04:19:05.960 --> 04:19:10.199
Rep. Antonino B. Roman III: Malaking tulong po sa mga distrito yan.

asr-003704
04:19:10.199 --> 04:19:11.080
Rep. Antonino B. Roman III: Yung classrooms.

asr-003705
04:19:11.080 --> 04:19:14.040
Rep. Antonino B. Roman III: Bukod po diyan, kasama po diyan yung mga ambulansya.

asr-003706
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?

asr-003707
04:19:19.040 --> 04:19:24.159
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung tulong po namin ay meron pong PTV,

asr-003708
04:19:24.159 --> 04:19:25.600
PAGCOR Chairman and CEO Alejandro H. Tengco: Patient Transport Vehicles.

asr-003709
04:19:25.600 --> 04:19:29.960
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron po kaming mga relief work.

asr-003710
04:19:29.960 --> 04:19:33.720
PAGCOR Chairman and CEO Alejandro H. Tengco: Kamakamang nga po itong nakarang isang lingot kalahati,

asr-003711
04:19:33.720 --> 04:19:37.880
PAGCOR Chairman and CEO Alejandro H. Tengco: meron pong may gitisandaan libong mga relief packages

asr-003712
04:19:37.880 --> 04:19:40.520
PAGCOR Chairman and CEO Alejandro H. Tengco: ang nai...

asr-003713
04:19:40.520 --> 04:19:46.800
PAGCOR Chairman and CEO Alejandro H. Tengco: migay namin sa buong Pilipinas.

asr-003714
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

asr-003715
04:19:51.119 --> 04:19:55.040
PAGCOR Chairman and CEO Alejandro H. Tengco: kung saan naka-preposition na po, Your Honor,

asr-003716
04:19:55.040 --> 04:19:58.119
PAGCOR Chairman and CEO Alejandro H. Tengco: yung aming mga relief packages sa mga budega nila

asr-003717
04:19:58.119 --> 04:20:02.840
PAGCOR Chairman and CEO Alejandro H. Tengco: para nang sa ganun kaagad na makakapag-aksyon

asr-003718
04:20:02.840 --> 04:20:04.880
PAGCOR Chairman and CEO Alejandro H. Tengco: ang Office of Civil Defense.

asr-003719
04:20:04.880 --> 04:20:08.827
PAGCOR Chairman and CEO Alejandro H. Tengco: Halimbawa man, nagkaroon ng baha, hindi kami makakarating,

asr-003720
04:20:08.827 --> 04:20:09.880
PAGCOR Chairman and CEO Alejandro H. Tengco: naka-preposition.

asr-003721
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

asr-003722
04:20:13.520 --> 04:20:16.040
PAGCOR Chairman and CEO Alejandro H. Tengco: yung aming pong mga relief packages

asr-003723
04:20:16.040 --> 04:20:21.439
PAGCOR Chairman and CEO Alejandro H. Tengco: para po makasuporta sa kanilang operations, Your Honor.

asr-003724
04:20:21.439 --> 04:20:22.520
PAGCOR Chairman and CEO Alejandro H. Tengco: Salamat po.

asr-003725
04:20:22.520 --> 04:20:28.359
Rep. Antonino B. Roman III: Napansin ko po dito sa inyong table na

asr-003726
04:20:28.359 --> 04:20:32.080
Rep. Antonino B. Roman III: parang naglalaro sa bandang 15 to 16 percent

asr-003727
04:20:32.080 --> 04:20:34.600
Rep. Antonino B. Roman III: yung social civic projects nyo.

asr-003728
04:20:34.600 --> 04:20:37.279
Rep. Antonino B. Roman III: Kung titinan po natin sa 2025,

asr-003729
04:20:37.279 --> 04:20:38.634
Rep. Antonino B. Roman III: nasa

asr-003730
04:20:38.634 --> 04:20:40.279
Rep. Antonino B. Roman III: ahm...

asr-003731
04:20:40.279 --> 04:20:41.800
Rep. Antonino B. Roman III: 8.30% lang.

asr-003732
04:20:41.800 --> 04:20:43.220
Rep. Antonino B. Roman III: Pag tinignan nyo po yung

asr-003733
04:20:43.220 --> 04:20:45.720
Rep. Antonino B. Roman III: 12,767,

asr-003734
04:20:45.720 --> 04:20:48.359
Rep. Antonino B. Roman III: actually that's in millions, I believe,

asr-003735
04:20:48.359 --> 04:20:50.399
Rep. Antonino B. Roman III: divided by the total income

asr-003736
04:20:50.399 --> 04:20:51.920
Rep. Antonino B. Roman III: compared to the income,

asr-003737
04:20:51.920 --> 04:20:55.119
Rep. Antonino B. Roman III: nasa bandang 8.30%.

asr-003738
04:20:55.119 --> 04:20:57.319
Rep. Antonino B. Roman III: Sa 2026,

asr-003739
04:20:57.319 --> 04:21:00.399
Rep. Antonino B. Roman III: nasa bandang 16% kung titinan ninyo.

asr-003740
04:21:00.399 --> 04:21:02.560
Rep. Antonino B. Roman III: Tapos yung projected po ninyo

asr-003741
04:21:02.560 --> 04:21:07.399
Rep. Antonino B. Roman III: for 2027 is about 15.6%.

asr-003742
04:21:07.399 --> 04:21:09.574
Rep. Antonino B. Roman III: Nakita, pag kinumparan nyo po yung

asr-003743
04:21:09.574 --> 04:21:12.159
Rep. Antonino B. Roman III: ahm...

asr-003744
04:21:12.159 --> 04:21:17.439
Rep. Antonino B. Roman III: social civic projects dun po sa income.

asr-003745
04:21:17.439 --> 04:21:19.279
PAGCOR Chairman and CEO Alejandro H. Tengco: Well, basically,

asr-003746
04:21:19.279 --> 04:21:24.199
PAGCOR Chairman and CEO Alejandro H. Tengco: we just project a budget for the year.

asr-003747
04:21:24.199 --> 04:21:26.640
PAGCOR Chairman and CEO Alejandro H. Tengco: It is not based on the percentage.

asr-003748
04:21:26.640 --> 04:21:29.359
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung nangyari po yun, siguro yung nagkataon lamang.

asr-003749
04:21:29.359 --> 04:21:33.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi meron pong taon, napakadaming kalamidad.

asr-003750
04:21:33.000 --> 04:21:35.040
PAGCOR Chairman and CEO Alejandro H. Tengco: May taon naman, walang kalamidad.

asr-003751
04:21:35.040 --> 04:21:38.080
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya, yun po naman eh,

asr-003752
04:21:38.080 --> 04:21:39.159
PAGCOR Chairman and CEO Alejandro H. Tengco: porsyento lang po,

asr-003753
04:21:39.159 --> 04:21:40.490
PAGCOR Chairman and CEO Alejandro H. Tengco: we do not, ahm...

asr-003754
04:21:40.490 --> 04:21:40.880
PAGCOR Chairman and CEO Alejandro H. Tengco: ahm...

asr-003755
04:21:40.880 --> 04:21:42.960
PAGCOR Chairman and CEO Alejandro H. Tengco: we do normally a budget lang,

asr-003756
04:21:42.960 --> 04:21:44.600
PAGCOR Chairman and CEO Alejandro H. Tengco: let's say, for the year,

asr-003757
04:21:44.600 --> 04:21:46.479
PAGCOR Chairman and CEO Alejandro H. Tengco: 200,000 relief packs.

asr-003758
04:21:46.479 --> 04:21:48.920
PAGCOR Chairman and CEO Alejandro H. Tengco: So, ganun po ang pag-ano namin.

asr-003759
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

asr-003760
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.

asr-003761
04:21:58.000 --> 04:21:59.439
PAGCOR Chairman and CEO Alejandro H. Tengco: So, yun po ang base.

asr-003762
04:21:59.439 --> 04:22:02.760
PAGCOR Chairman and CEO Alejandro H. Tengco: But there is no hard and fast rule

asr-003763
04:22:02.760 --> 04:22:05.199
PAGCOR Chairman and CEO Alejandro H. Tengco: as to what percentage is allocated for such.

asr-003764
04:22:05.199 --> 04:22:06.319
Rep. Antonino B. Roman III: Pero, halimbawa po,

asr-003765
04:22:06.319 --> 04:22:09.399
Rep. Antonino B. Roman III: sa projected 2027,

asr-003766
04:22:09.399 --> 04:22:10.720
Rep. Antonino B. Roman III: na...

asr-003767
04:22:10.720 --> 04:22:11.720
Rep. Antonino B. Roman III: sa tingin ninyo,

asr-003768
04:22:11.720 --> 04:22:12.640
Rep. Antonino B. Roman III: in millions, ano,

asr-003769
04:22:12.640 --> 04:22:15.600
Rep. Antonino B. Roman III: 13,757.80 in millions.

asr-003770
04:22:15.600 --> 04:22:18.279
Rep. Antonino B. Roman III: So, dagdagan natin na zero yung tatlo.

asr-003771
04:22:18.279 --> 04:22:22.840
Rep. Antonino B. Roman III: Ito po pa ay batay dun sa inaakala nyo

asr-003772
04:22:22.840 --> 04:22:24.199
Rep. Antonino B. Roman III: nagagasusin para sa mga relief work,

asr-003773
04:22:24.199 --> 04:22:24.619
Rep. Antonino B. Roman III: una.

asr-003774
04:22:24.619 --> 04:22:25.920
Rep. Antonino B. Roman III: Pakalawa,

asr-003775
04:22:25.920 --> 04:22:28.520
Rep. Antonino B. Roman III: batay din po ba ito dun sa

asr-003776
04:22:28.520 --> 04:22:30.159
Rep. Antonino B. Roman III: pending request sa inyo

asr-003777
04:22:30.159 --> 04:22:32.040
Rep. Antonino B. Roman III: para sa, halimbawa, classroom

asr-003778
04:22:32.040 --> 04:22:34.199
Rep. Antonino B. Roman III: o sa ambulansya.

asr-003779
04:22:34.199 --> 04:22:35.199
Rep. Antonino B. Roman III: In other words,

asr-003780
04:22:35.199 --> 04:22:37.040
Rep. Antonino B. Roman III: sinasaalang-alang nyo ba

asr-003781
04:22:37.040 --> 04:22:38.600
Rep. Antonino B. Roman III: yung mga pending request sa inyo?

asr-003782
04:22:38.600 --> 04:22:39.439
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

asr-003783
04:22:39.439 --> 04:22:40.119
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang totoo po,

asr-003784
04:22:40.119 --> 04:22:43.000
PAGCOR Chairman and CEO Alejandro H. Tengco: dito, kinalaga na po yung malaking gastos

asr-003785
04:22:43.000 --> 04:22:46.040
PAGCOR Chairman and CEO Alejandro H. Tengco: yung construction of school buildings.

asr-003786
04:22:46.040 --> 04:22:49.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Mga mahigit 7 billion piso po yun eh.

asr-003787
04:22:49.560 --> 04:22:50.439
PAGCOR Chairman and CEO Alejandro H. Tengco: 7.5.

asr-003788
04:22:50.439 --> 04:22:52.159
PAGCOR Chairman and CEO Alejandro H. Tengco: So, hinati lang po namin

asr-003789
04:22:52.159 --> 04:22:53.560
PAGCOR Chairman and CEO Alejandro H. Tengco: sa pandiniwalang

asr-003790
04:22:53.560 --> 04:22:56.239
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi naman po matatapos nitong taong ito

asr-003791
04:22:56.239 --> 04:22:59.040
PAGCOR Chairman and CEO Alejandro H. Tengco: yung mga construction ng classrooms na yun.

asr-003792
04:22:59.040 --> 04:23:02.319
PAGCOR Chairman and CEO Alejandro H. Tengco: So, pinatakbo na po namin yung computation nun

asr-003793
04:23:02.319 --> 04:23:06.199
PAGCOR Chairman and CEO Alejandro H. Tengco: hanggang sa 2027.

asr-003794
04:23:06.199 --> 04:23:07.560
Rep. Antonino B. Roman III: So, binanggit nyo na

asr-003795
04:23:07.560 --> 04:23:08.840
Rep. Antonino B. Roman III: sinaalang-alang ninyo

asr-003796
04:23:08.840 --> 04:23:10.199
Rep. Antonino B. Roman III: yung mga pending request

asr-003797
04:23:10.199 --> 04:23:11.720
Rep. Antonino B. Roman III: para sa mga school buildings.

asr-003798
04:23:11.720 --> 04:23:13.080
Rep. Antonino B. Roman III: Tama po ba?

asr-003799
04:23:13.080 --> 04:23:14.199
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron na pong

asr-003800
04:23:14.199 --> 04:23:15.239
PAGCOR Chairman and CEO Alejandro H. Tengco: pinarating sa amin

asr-003801
04:23:15.239 --> 04:23:16.920
PAGCOR Chairman and CEO Alejandro H. Tengco: ng Department of Education

asr-003802
04:23:16.920 --> 04:23:19.000
PAGCOR Chairman and CEO Alejandro H. Tengco: kasi sila po ang nag-vevet nito eh.

asr-003803
04:23:19.000 --> 04:23:20.183
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po kami ang

asr-003804
04:23:20.183 --> 04:23:21.720
PAGCOR Chairman and CEO Alejandro H. Tengco: nagdi-desisyon dito.

asr-003805
04:23:21.720 --> 04:23:23.680
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang memorandum of agreement po namin

asr-003806
04:23:23.680 --> 04:23:24.760
PAGCOR Chairman and CEO Alejandro H. Tengco: maliwanag.

asr-003807
04:23:24.760 --> 04:23:26.720
PAGCOR Chairman and CEO Alejandro H. Tengco: Sila po ang mag-vevet.

asr-003808
04:23:26.720 --> 04:23:28.760
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron po kumisang request sa amin.

asr-003809
04:23:28.760 --> 04:23:29.800
PAGCOR Chairman and CEO Alejandro H. Tengco: Pinapadala po namin

asr-003810
04:23:29.800 --> 04:23:31.720
PAGCOR Chairman and CEO Alejandro H. Tengco: sa Department of Education.

asr-003811
04:23:31.720 --> 04:23:33.119
PAGCOR Chairman and CEO Alejandro H. Tengco: Sila po ang magko-confirm

asr-003812
04:23:33.119 --> 04:23:34.319
PAGCOR Chairman and CEO Alejandro H. Tengco: ng lugar.

asr-003813
04:23:34.319 --> 04:23:36.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Pagkatapos po,

asr-003814
04:23:36.560 --> 04:23:36.960
PAGCOR Chairman and CEO Alejandro H. Tengco: aaprobahan nila

asr-003815
04:23:36.960 --> 04:23:38.720
PAGCOR Chairman and CEO Alejandro H. Tengco: at babalik muli sa amin.

asr-003816
04:23:38.720 --> 04:23:40.760
PAGCOR Chairman and CEO Alejandro H. Tengco: Ang amin lang pong

asr-003817
04:23:40.760 --> 04:23:42.680
PAGCOR Chairman and CEO Alejandro H. Tengco: papel na ginampanan

asr-003818
04:23:42.680 --> 04:23:45.119
PAGCOR Chairman and CEO Alejandro H. Tengco: ay magpondo ng construction.

asr-003819
04:23:45.119 --> 04:23:46.920
Rep. Antonino B. Roman III: Kasi nung yung opisina ko

asr-003820
04:23:46.920 --> 04:23:48.560
Rep. Antonino B. Roman III: nagpasa ng sulat

asr-003821
04:23:48.560 --> 04:23:51.119
Rep. Antonino B. Roman III: January of this year.

asr-003822
04:23:51.119 --> 04:23:53.080
Rep. Antonino B. Roman III: Actually,

asr-003823
04:23:53.080 --> 04:23:54.159
Rep. Antonino B. Roman III: ginampanan namin

asr-003824
04:23:54.159 --> 04:23:56.600
Rep. Antonino B. Roman III: yung binanggit ninyo

asr-003825
04:23:56.600 --> 04:23:58.600
Rep. Antonino B. Roman III: na yung mismong pag-identify

asr-003826
04:23:58.600 --> 04:24:00.840
Rep. Antonino B. Roman III: ng school building

asr-003827
04:24:00.840 --> 04:24:01.840
Rep. Antonino B. Roman III: na kinakailangan

asr-003828
04:24:01.840 --> 04:24:02.760
Rep. Antonino B. Roman III: mismo nang galing ko

asr-003829
04:24:02.760 --> 04:24:04.840
Rep. Antonino B. Roman III: sa Dep. at Bataan.

asr-003830
04:24:04.840 --> 04:24:07.000
Rep. Antonino B. Roman III: January pa po yun

asr-003831
04:24:07.000 --> 04:24:08.239
Rep. Antonino B. Roman III: of

asr-003832
04:24:08.239 --> 04:24:12.040
Rep. Antonino B. Roman III: this year.

asr-003833
04:24:12.040 --> 04:24:13.119
Rep. Antonino B. Roman III: Hindi pa po

asr-003834
04:24:13.119 --> 04:24:14.760
Rep. Antonino B. Roman III: natutugunan.

asr-003835
04:24:14.760 --> 04:24:15.560
Rep. Antonino B. Roman III: Kaya,

asr-003836
04:24:15.560 --> 04:24:16.359
Rep. Antonino B. Roman III: kanina lang po

asr-003837
04:24:16.359 --> 04:24:17.239
Rep. Antonino B. Roman III: nagpa-receive po ako

asr-003838
04:24:17.239 --> 04:24:18.119
Rep. Antonino B. Roman III: ng sulat

asr-003839
04:24:18.119 --> 04:24:18.560
Rep. Antonino B. Roman III: sa inyo

asr-003840
04:24:18.560 --> 04:24:22.040
Rep. Antonino B. Roman III: just to follow up.

asr-003841
04:24:22.040 --> 04:24:22.880
Rep. Antonino B. Roman III: So, yung mismong

asr-003842
04:24:22.880 --> 04:24:23.560
Rep. Antonino B. Roman III: datos po,

asr-003843
04:24:23.560 --> 04:24:24.800
Rep. Antonino B. Roman III: galing mismo sa Dep.

asr-003844
04:24:24.800 --> 04:24:26.040
Rep. Antonino B. Roman III: Ginawa na po namin yun.

asr-003845
04:24:26.040 --> 04:24:27.080
Rep. Antonino B. Roman III: Hinihintay lang namin.

asr-003846
04:24:27.080 --> 04:24:27.880
Rep. Antonino B. Roman III: So, gusto ko lang po

asr-003847
04:24:27.880 --> 04:24:29.000
Rep. Antonino B. Roman III: malaman

asr-003848
04:24:29.000 --> 04:24:30.319
Rep. Antonino B. Roman III: kung yung request po namin

asr-003849
04:24:30.319 --> 04:24:31.199
Rep. Antonino B. Roman III: sa utang distrito

asr-003850
04:24:31.199 --> 04:24:32.159
Rep. Antonino B. Roman III: ng Bataan

asr-003851
04:24:32.159 --> 04:24:33.119
Rep. Antonino B. Roman III: ay napasama

asr-003852
04:24:33.119 --> 04:24:34.840
Rep. Antonino B. Roman III: at nakapaloob dun sa

asr-003853
04:24:34.840 --> 04:24:35.680
Rep. Antonino B. Roman III: projected

asr-003854
04:24:35.680 --> 04:24:37.640
Rep. Antonino B. Roman III: 2027 budget nyo.

asr-003855
04:24:37.640 --> 04:24:38.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

asr-003856
04:24:38.840 --> 04:24:40.239
PAGCOR Chairman and CEO Alejandro H. Tengco: Meron po kayong request.

asr-003857
04:24:40.239 --> 04:24:41.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito po, tinitinan na.

asr-003858
04:24:41.840 --> 04:24:44.199
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero,

asr-003859
04:24:44.199 --> 04:24:46.520
PAGCOR Chairman and CEO Alejandro H. Tengco: 125 school buildings po

asr-003860
04:24:46.520 --> 04:24:47.560
PAGCOR Chairman and CEO Alejandro H. Tengco: kasi lang yung aming

asr-003861
04:24:47.560 --> 04:24:49.159
PAGCOR Chairman and CEO Alejandro H. Tengco: pwedeng pondohan.

asr-003862
04:24:49.159 --> 04:24:50.880
PAGCOR Chairman and CEO Alejandro H. Tengco: So, dito po

asr-003863
04:24:50.880 --> 04:24:51.920
PAGCOR Chairman and CEO Alejandro H. Tengco: ay meron na rin

asr-003864
04:24:51.920 --> 04:24:53.600
PAGCOR Chairman and CEO Alejandro H. Tengco: sa Bataan

asr-003865
04:24:53.600 --> 04:24:54.560
PAGCOR Chairman and CEO Alejandro H. Tengco: na pinadala

asr-003866
04:24:54.560 --> 04:24:55.159
PAGCOR Chairman and CEO Alejandro H. Tengco: ang Dep. at Bataan

asr-003867
04:24:55.159 --> 04:24:55.880
PAGCOR Chairman and CEO Alejandro H. Tengco: sa amin

asr-003868
04:24:55.880 --> 04:24:57.319
PAGCOR Chairman and CEO Alejandro H. Tengco: na inaprobahan.

asr-003869
04:24:57.319 --> 04:24:58.520
PAGCOR Chairman and CEO Alejandro H. Tengco: Ipe-verify lang po

asr-003870
04:24:58.520 --> 04:24:59.520
PAGCOR Chairman and CEO Alejandro H. Tengco: kung yun yung kasama

asr-003871
04:24:59.520 --> 04:25:01.000
PAGCOR Chairman and CEO Alejandro H. Tengco: sa request ninyo.

asr-003872
04:25:01.000 --> 04:25:02.080
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero, kung hindi man po

asr-003873
04:25:02.080 --> 04:25:03.159
PAGCOR Chairman and CEO Alejandro H. Tengco: nakasama,

asr-003874
04:25:03.159 --> 04:25:04.199
PAGCOR Chairman and CEO Alejandro H. Tengco: pinaliwanag ko po

asr-003875
04:25:04.199 --> 04:25:05.159
PAGCOR Chairman and CEO Alejandro H. Tengco: kanina,

asr-003876
04:25:05.159 --> 04:25:06.040
PAGCOR Chairman and CEO Alejandro H. Tengco: hopefully,

asr-003877
04:25:06.040 --> 04:25:08.680
PAGCOR Chairman and CEO Alejandro H. Tengco: sa 2027,

asr-003878
04:25:08.680 --> 04:25:10.319
PAGCOR Chairman and CEO Alejandro H. Tengco: sa 2028 budget,

asr-003879
04:25:10.319 --> 04:25:11.600
PAGCOR Chairman and CEO Alejandro H. Tengco: ay

asr-003880
04:25:11.600 --> 04:25:12.800
PAGCOR Chairman and CEO Alejandro H. Tengco: isasama po namin

asr-003881
04:25:12.800 --> 04:25:13.640
PAGCOR Chairman and CEO Alejandro H. Tengco: yung mga

asr-003882
04:25:13.640 --> 04:25:14.680
PAGCOR Chairman and CEO Alejandro H. Tengco: request ninyo.

asr-003883
04:25:14.680 --> 04:25:17.319
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero, again,

asr-003884
04:25:17.319 --> 04:25:18.560
PAGCOR Chairman and CEO Alejandro H. Tengco: yung DepEd po

asr-003885
04:25:18.560 --> 04:25:19.439
PAGCOR Chairman and CEO Alejandro H. Tengco: ang inaantay namin

asr-003886
04:25:19.439 --> 04:25:21.239
PAGCOR Chairman and CEO Alejandro H. Tengco: magsabi sa amin.

asr-003887
04:25:21.239 --> 04:25:21.600
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

asr-003888
04:25:21.600 --> 04:25:22.600
Rep. Antonino B. Roman III: Piniliwanag ko lang.

asr-003889
04:25:22.600 --> 04:25:24.000
Rep. Antonino B. Roman III: At kung

asr-003890
04:25:24.000 --> 04:25:25.323
Rep. Antonino B. Roman III: ito po,

asr-003891
04:25:25.323 --> 04:25:25.720
Rep. Antonino B. Roman III: i-check-in

asr-003892
04:25:25.720 --> 04:25:27.359
Rep. Antonino B. Roman III: kung

asr-003893
04:25:27.359 --> 04:25:28.319
Rep. Antonino B. Roman III: meron na po bang

asr-003894
04:25:28.319 --> 04:25:29.640
Rep. Antonino B. Roman III: kayo sa pagkakaalam,

asr-003895
04:25:29.640 --> 04:25:30.720
Rep. Antonino B. Roman III: your honor,

asr-003896
04:25:30.720 --> 04:25:31.720
Rep. Antonino B. Roman III: na

asr-003897
04:25:31.720 --> 04:25:32.743
Rep. Antonino B. Roman III: sulat ang DepEd

asr-003898
04:25:32.743 --> 04:25:33.279
Rep. Antonino B. Roman III: sa amin

asr-003899
04:25:33.279 --> 04:25:36.399
Rep. Antonino B. Roman III: na dapat

asr-003900
04:25:36.399 --> 04:25:37.239
Rep. Antonino B. Roman III: pondohan yung

asr-003901
04:25:37.239 --> 04:25:37.831
Rep. Antonino B. Roman III: inyong

asr-003902
04:25:37.831 --> 04:25:38.760
Rep. Antonino B. Roman III: skwelahan?

asr-003903
04:25:38.760 --> 04:25:39.159
Rep. Antonino B. Roman III: Opo.

asr-003904
04:25:39.159 --> 04:25:39.520
Rep. Antonino B. Roman III: Dahil,

asr-003905
04:25:39.520 --> 04:25:40.080
Rep. Antonino B. Roman III: ah,

asr-003906
04:25:40.080 --> 04:25:40.960
Rep. Antonino B. Roman III: sumangguni po kami

asr-003907
04:25:40.960 --> 04:25:42.319
Rep. Antonino B. Roman III: sa DepEd

asr-003908
04:25:42.319 --> 04:25:43.399
Rep. Antonino B. Roman III: nung nagpasa po kami

asr-003909
04:25:43.399 --> 04:25:44.359
Rep. Antonino B. Roman III: ng

asr-003910
04:25:44.359 --> 04:25:45.000
Rep. Antonino B. Roman III: ng sulat.

asr-003911
04:25:45.000 --> 04:25:45.579
Rep. Antonino B. Roman III: Opo.

asr-003912
04:25:45.579 --> 04:25:46.159
Rep. Antonino B. Roman III: So,

asr-003913
04:25:46.159 --> 04:25:46.476
Rep. Antonino B. Roman III: pero,

asr-003914
04:25:46.476 --> 04:25:47.520
Rep. Antonino B. Roman III: yung datos po

asr-003916
04:25:47.520 --> 04:25:48.560
Rep. Antonino B. Roman III: Kasi, ang bumalik po

asr-003917
04:25:48.560 --> 04:25:49.000
Rep. Antonino B. Roman III: sa amin

asr-003918
04:25:49.000 --> 04:25:51.040
Rep. Antonino B. Roman III: for 125,

asr-003919
04:25:51.040 --> 04:25:53.119
Rep. Antonino B. Roman III: may finalist po sila,

asr-003920
04:25:53.119 --> 04:25:53.520
Rep. Antonino B. Roman III: eh,

asr-003921
04:25:53.520 --> 04:25:54.600
Rep. Antonino B. Roman III: check-in po namin

asr-003922
04:25:54.600 --> 04:25:54.880
Rep. Antonino B. Roman III: kung sa amin.

asr-003923
04:25:54.880 --> 04:25:55.760
Rep. Antonino B. Roman III: Meron ho ba sa unang

asr-003924
04:25:55.760 --> 04:25:57.640
Rep. Antonino B. Roman III: distrito ng bataan dyan?

asr-003925
04:25:57.640 --> 04:25:58.319
Rep. Antonino B. Roman III: Hermosa,

asr-003926
04:25:58.319 --> 04:25:58.760
Rep. Antonino B. Roman III: Orani,

asr-003927
04:25:58.760 --> 04:25:59.809
Rep. Antonino B. Roman III: Samal,

asr-003928
04:25:59.809 --> 04:26:00.397
Rep. Antonino B. Roman III: Abukay?

asr-003929
04:26:00.397 --> 04:26:06.602
Rep. Antonino B. Roman III: Oryon?

asr-003930
04:26:06.602 --> 04:26:08.239
PAGCOR Chairman and CEO Alejandro H. Tengco: O, Orani.

asr-003931
04:26:08.239 --> 04:26:08.640
PAGCOR Chairman and CEO Alejandro H. Tengco: O, kaya,

asr-003932
04:26:08.640 --> 04:26:09.479
PAGCOR Chairman and CEO Alejandro H. Tengco: Hermosa,

asr-003933
04:26:09.479 --> 04:26:09.880
PAGCOR Chairman and CEO Alejandro H. Tengco: Samal,

asr-003934
04:26:09.880 --> 04:26:12.040
PAGCOR Chairman and CEO Alejandro H. Tengco: Abukay.

asr-003935
04:26:12.040 --> 04:26:12.685
Rep. Antonino B. Roman III: Hermosa po namin.

asr-003937
04:26:12.880 --> 04:26:13.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Hu ba?

asr-003938
04:26:13.560 --> 04:26:15.044
Rep. Antonino B. Roman III: Hermosa.

asr-003939
04:26:15.044 --> 04:26:15.840
PAGCOR Chairman and CEO Alejandro H. Tengco: Bosa?

asr-003940
04:26:15.840 --> 04:26:16.680
Rep. Antonino B. Roman III: Hermosa.

asr-003941
04:26:16.680 --> 04:26:16.940
PAGCOR Chairman and CEO Alejandro H. Tengco: Ito po,

asr-003942
04:26:16.940 --> 04:26:17.420
PAGCOR Chairman and CEO Alejandro H. Tengco: ah,

asr-003943
04:26:17.420 --> 04:26:18.370
PAGCOR Chairman and CEO Alejandro H. Tengco: Pulo,

asr-003944
04:26:18.370 --> 04:26:20.599
PAGCOR Chairman and CEO Alejandro H. Tengco: Pulo Elementary School.

asr-003945
04:26:20.599 --> 04:26:21.239
PAGCOR Chairman and CEO Alejandro H. Tengco: O, ayan.

asr-003946
04:26:21.239 --> 04:26:22.479
Rep. Antonino B. Roman III: Ayan po yung,

asr-003947
04:26:22.479 --> 04:26:22.640
Rep. Antonino B. Roman III: ah,

asr-003948
04:26:22.640 --> 04:26:24.520
Rep. Antonino B. Roman III: nasa distrito po namin yan.

asr-003949
04:26:24.520 --> 04:26:25.520
Rep. Antonino B. Roman III: So, ito ho ba yun?

asr-003950
04:26:25.520 --> 04:26:25.880
Rep. Antonino B. Roman III: Opo.

asr-003951
04:26:25.880 --> 04:26:26.279
Rep. Antonino B. Roman III: Pulo.

asr-003952
04:26:26.279 --> 04:26:27.600
Rep. Antonino B. Roman III: Meron po sa Orani

asr-003953
04:26:27.600 --> 04:26:29.199
Rep. Antonino B. Roman III: ding isa,

asr-003954
04:26:29.199 --> 04:26:30.880
Rep. Antonino B. Roman III: Governor Efren

asr-003955
04:26:30.880 --> 04:26:31.439
Rep. Antonino B. Roman III: V. Pascual.

asr-003956
04:26:31.439 --> 04:26:32.145
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

asr-003957
04:26:32.145 --> 04:26:32.800
Rep. Antonino B. Roman III: Eh,

asr-003958
04:26:32.800 --> 04:26:34.399
Rep. Antonino B. Roman III: and Orani

asr-003959
04:26:34.399 --> 04:26:36.640
Rep. Antonino B. Roman III: Integrated Central School.

asr-003960
04:26:36.640 --> 04:26:37.013
PAGCOR Chairman and CEO Alejandro H. Tengco: Okay.

asr-003961
04:26:37.013 --> 04:26:37.479
Rep. Antonino B. Roman III: Ngayon,

asr-003962
04:26:37.479 --> 04:26:38.520
Rep. Antonino B. Roman III: pag pumasok po,

asr-003963
04:26:38.520 --> 04:26:39.960
Rep. Antonino B. Roman III: just to understand the process,

asr-003964
04:26:39.960 --> 04:26:41.399
Rep. Antonino B. Roman III: pag pumasok po sa listahan yan,

asr-003965
04:26:41.399 --> 04:26:42.199
Rep. Antonino B. Roman III: tulad yan,

asr-003966
04:26:42.199 --> 04:26:42.800
Rep. Antonino B. Roman III: meron tatlo tayo

asr-003967
04:26:42.800 --> 04:26:43.960
Rep. Antonino B. Roman III: yung natukoy

asr-003968
04:26:43.960 --> 04:26:45.439
Rep. Antonino B. Roman III: na paaralan

asr-003969
04:26:45.439 --> 04:26:47.720
Rep. Antonino B. Roman III: na galing mismo sa DepEd.

asr-003970
04:26:47.720 --> 04:26:49.159
Rep. Antonino B. Roman III: Ano ko kasiguradohan

asr-003971
04:26:49.159 --> 04:26:50.399
Rep. Antonino B. Roman III: na

asr-003972
04:26:50.399 --> 04:26:53.960
Rep. Antonino B. Roman III: mapopondohan po yan?

asr-003973
04:26:53.960 --> 04:26:54.880
PAGCOR Chairman and CEO Alejandro H. Tengco: Um,

asr-003974
04:26:54.880 --> 04:26:56.479
PAGCOR Chairman and CEO Alejandro H. Tengco: to be honest and candid,

asr-003975
04:26:56.479 --> 04:26:57.279
PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor,

asr-003976
04:26:57.279 --> 04:26:59.000
PAGCOR Chairman and CEO Alejandro H. Tengco: hindi po 100%,

asr-003977
04:26:59.000 --> 04:26:59.560
PAGCOR Chairman and CEO Alejandro H. Tengco: dahil

asr-003978
04:26:59.560 --> 04:27:00.840
PAGCOR Chairman and CEO Alejandro H. Tengco: ang budget po is for

asr-003979
04:27:00.840 --> 04:27:03.439
PAGCOR Chairman and CEO Alejandro H. Tengco: 125 school buildings

asr-003980
04:27:03.439 --> 04:27:05.520
PAGCOR Chairman and CEO Alejandro H. Tengco: all over the Philippines.

asr-003981
04:27:05.520 --> 04:27:06.600
PAGCOR Chairman and CEO Alejandro H. Tengco: So,

asr-003982
04:27:06.600 --> 04:27:09.359
PAGCOR Chairman and CEO Alejandro H. Tengco: ang akin na lang po magagawa eh,

asr-003983
04:27:09.359 --> 04:27:10.279
PAGCOR Chairman and CEO Alejandro H. Tengco: titinan ko kung pa pano

asr-003984
04:27:10.279 --> 04:27:10.800
PAGCOR Chairman and CEO Alejandro H. Tengco: magagawa ng,

asr-003985
04:27:10.800 --> 04:27:13.710
PAGCOR Chairman and CEO Alejandro H. Tengco: ng paraan na

asr-003986
04:27:13.710 --> 04:27:14.359
PAGCOR Chairman and CEO Alejandro H. Tengco: ma,

asr-003987
04:27:14.359 --> 04:27:16.319
PAGCOR Chairman and CEO Alejandro H. Tengco: naisama kahit isa man lang dito.

asr-003988
04:27:16.319 --> 04:27:18.732
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil ang instruction po kasi ng,

asr-003989
04:27:18.732 --> 04:27:19.600
PAGCOR Chairman and CEO Alejandro H. Tengco: ng,

asr-003990
04:27:19.600 --> 04:27:20.319
PAGCOR Chairman and CEO Alejandro H. Tengco: ah,

asr-003991
04:27:20.319 --> 04:27:21.640
PAGCOR Chairman and CEO Alejandro H. Tengco: administrasyon,

asr-003992
04:27:21.640 --> 04:27:23.439
PAGCOR Chairman and CEO Alejandro H. Tengco: dapat ikalat ito.

asr-003993
04:27:23.439 --> 04:27:23.880
PAGCOR Chairman and CEO Alejandro H. Tengco: Kaya,

asr-003994
04:27:23.880 --> 04:27:25.080
PAGCOR Chairman and CEO Alejandro H. Tengco: kami naman po,

asr-003995
04:27:25.080 --> 04:27:26.960
PAGCOR Chairman and CEO Alejandro H. Tengco: ay nag-iintay lang ng

asr-003996
04:27:26.960 --> 04:27:28.720
PAGCOR Chairman and CEO Alejandro H. Tengco: vetting ng DepEd.

asr-003997
04:27:28.720 --> 04:27:29.960
PAGCOR Chairman and CEO Alejandro H. Tengco: Marami po kasi,

asr-003998
04:27:29.960 --> 04:27:31.920
PAGCOR Chairman and CEO Alejandro H. Tengco: lumabas,

asr-003999
04:27:31.920 --> 04:27:32.920
PAGCOR Chairman and CEO Alejandro H. Tengco: re-recommendan ng ilang mga

asr-004000
04:27:32.920 --> 04:27:34.800
PAGCOR Chairman and CEO Alejandro H. Tengco: local government officials

asr-004001
04:27:34.800 --> 04:27:38.279
PAGCOR Chairman and CEO Alejandro H. Tengco: or ng mga members of the house.

asr-004002
04:27:38.279 --> 04:27:39.680
PAGCOR Chairman and CEO Alejandro H. Tengco: Pag balik sa DepEd,

asr-004003
04:27:39.680 --> 04:27:41.680
PAGCOR Chairman and CEO Alejandro H. Tengco: wala palang titulo yung lalagyan.

asr-004004
04:27:41.680 --> 04:27:43.279
PAGCOR Chairman and CEO Alejandro H. Tengco: Yung lugar pala eh,

asr-004005
04:27:43.279 --> 04:27:43.960
PAGCOR Chairman and CEO Alejandro H. Tengco: maliit.

asr-004006
04:27:43.960 --> 04:27:45.479
PAGCOR Chairman and CEO Alejandro H. Tengco: Kasi, ito po eh,

asr-004007
04:27:45.479 --> 04:27:48.119
PAGCOR Chairman and CEO Alejandro H. Tengco: kailangan ng humigit kumulang

asr-004008
04:27:48.119 --> 04:27:49.720
PAGCOR Chairman and CEO Alejandro H. Tengco: 2,000 metro kodrado.

asr-004009
04:27:49.720 --> 04:27:51.479
PAGCOR Chairman and CEO Alejandro H. Tengco: Dahil pahaba po ito eh.

asr-004010
04:27:51.479 --> 04:27:53.520
Rep. Antonino B. Roman III: Ano ho yung proseso na pinagdadaanan?

asr-004011
04:27:53.520 --> 04:27:55.960
Rep. Antonino B. Roman III: Halimbawa, walang gano'ng issue

asr-004012
04:27:55.960 --> 04:27:57.840
Rep. Antonino B. Roman III: yung isang project,

asr-004013
04:27:57.840 --> 04:27:58.880
Rep. Antonino B. Roman III: isang, ah,

asr-004014
04:27:58.880 --> 04:28:01.680
Rep. Antonino B. Roman III: yung isang school building.

asr-004015
04:28:01.680 --> 04:28:03.439
Rep. Antonino B. Roman III: Walang-walang issue sa titulo,

asr-004016
04:28:03.439 --> 04:28:04.399
Rep. Antonino B. Roman III: ah, lahat.

asr-004017
04:28:04.399 --> 04:28:05.920
Rep. Antonino B. Roman III: Kung pare-parekas po,

asr-004018
04:28:05.920 --> 04:28:07.840
Rep. Antonino B. Roman III: paano ho nirarationalize

asr-004019
04:28:07.840 --> 04:28:10.239
Rep. Antonino B. Roman III: ng PAGCOR yung pagpopondo?

asr-004020
04:28:10.239 --> 04:28:13.640
PAGCOR Chairman and CEO Alejandro H. Tengco: Eh, inaantay lang po namin yung, yung,

asr-004021
04:28:13.640 --> 04:28:16.640
PAGCOR Chairman and CEO Alejandro H. Tengco: ano, ang, ng instruction ng DepEd.

asr-004022
04:28:16.640 --> 04:28:18.319
PAGCOR Chairman and CEO Alejandro H. Tengco: Ah, sila po ang magra-rationalize.

asr-004023
04:28:18.319 --> 04:28:19.439
PAGCOR Chairman and CEO Alejandro H. Tengco: Kayo, funder na lang po.

asr-004024
04:28:19.439 --> 04:28:22.080
PAGCOR Chairman and CEO Alejandro H. Tengco: Kami po eh, MOA lang po kami

asr-004025
04:28:22.080 --> 04:28:25.040
PAGCOR Chairman and CEO Alejandro H. Tengco: with the, with the local government unit

asr-004026
04:28:25.040 --> 04:28:28.439
PAGCOR Chairman and CEO Alejandro H. Tengco: dahil sa LGU na po namin pinapanay.

asr-004027
04:28:28.439 --> 04:28:30.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po kami nakikinam sa bidding.

asr-004028
04:28:30.560 --> 04:28:33.319
PAGCOR Chairman and CEO Alejandro H. Tengco: Hindi po kami nakikinam kung sinong contractor.

asr-004029
04:28:33.319 --> 04:28:35.560
PAGCOR Chairman and CEO Alejandro H. Tengco: Kami po eh, magpopondo lamang.

asr-004030
04:28:35.560 --> 04:28:37.239
PAGCOR Chairman and CEO Alejandro H. Tengco: And we will make sure

asr-004031
04:28:37.239 --> 04:28:39.319
PAGCOR Chairman and CEO Alejandro H. Tengco: that it follows the design

asr-004032
04:28:39.319 --> 04:28:40.960
PAGCOR Chairman and CEO Alejandro H. Tengco: that we all agreed on.

asr-004033
04:28:40.960 --> 04:28:43.319
PAGCOR Chairman and CEO Alejandro H. Tengco: Meaning, between the DepEd,

asr-004034
04:28:43.319 --> 04:28:45.080
PAGCOR Chairman and CEO Alejandro H. Tengco: the LGU,

asr-004035
04:28:45.080 --> 04:28:49.520
PAGCOR Chairman and CEO Alejandro H. Tengco: or the, ah, district and PAGCOR.

asr-004036
04:28:49.520 --> 04:28:52.199
PAGCOR Chairman and CEO Alejandro H. Tengco: Yun lang po ang role namin, ah, Your Honor.

asr-004037
04:28:52.199 --> 04:28:54.239
Rep. Antonino B. Roman III: Maraming salamat po sa clarification.

asr-004038
04:28:54.239 --> 04:28:57.920
Rep. Antonino B. Roman III: Sana ho, ah, gumalaw po yung aking request

asr-004039
04:28:57.920 --> 04:28:59.040
Rep. Antonino B. Roman III: para sa aking distrito.

asr-004040
04:28:59.040 --> 04:29:01.560
Rep. Antonino B. Roman III: Sorry, I had to, I have to fight for my district.

asr-004041
04:29:01.560 --> 04:29:02.720
Rep. Antonino B. Roman III: Maraming salamat po.

asr-004042
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.

asr-004043
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.

asr-004044
04:29:08.239 --> 04:29:09.520
PAGCOR Chairman and CEO Alejandro H. Tengco: We can confirm.

asr-004045
04:29:09.520 --> 04:29:12.880
PAGCOR Chairman and CEO Alejandro H. Tengco: And we have confirmed that there are three,

asr-004046
04:29:12.880 --> 04:29:14.920
PAGCOR Chairman and CEO Alejandro H. Tengco: in your district, ah,

asr-004047
04:29:14.920 --> 04:29:17.239
PAGCOR Chairman and CEO Alejandro H. Tengco: maybe I will also candidly tell you,

asr-004048
04:29:17.239 --> 04:29:20.000
PAGCOR Chairman and CEO Alejandro H. Tengco: at the most, maybe you can get one.

asr-004049
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.

asr-004050
04:29:22.760 --> 04:29:24.720
PAGCOR Chairman and CEO Alejandro H. Tengco: Because, as I said,

asr-004051
04:29:24.720 --> 04:29:27.800
PAGCOR Chairman and CEO Alejandro H. Tengco: 125 lang po yung budget natin.

asr-004052
04:29:27.800 --> 04:29:29.600
PAGCOR Chairman and CEO Alejandro H. Tengco: One is better than nothing po.

asr-004053
04:29:29.600 --> 04:29:30.080
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

asr-004054
04:29:30.080 --> 04:29:30.880
PAGCOR Chairman and CEO Alejandro H. Tengco: Maraming salamat po.

asr-004055
04:29:30.880 --> 04:29:31.610
PAGCOR Chairman and CEO Alejandro H. Tengco: Umasa po kayo, we will look into the matter.

asr-004056
04:29:31.610 --> 04:29:32.800
PAGCOR Chairman and CEO Alejandro H. Tengco: Maraming salamat.

asr-004057
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.

asr-004058
04:29:37.479 --> 04:29:39.319
Rep. Antonino B. Roman III: Salamat po, Your Honor.

asr-004059
04:29:39.319 --> 04:29:40.920
Rep. Antonino B. Roman III: Thank you, ah, Chairman Al.

asr-004060
04:29:40.920 --> 04:29:43.317
Rep. Mikaela Angela B. Suansing: Thank you, Representative Roman.

asr-004061
04:29:43.317 --> 04:29:47.920
Rep. Mikaela Angela B. Suansing: We'll now move to our final interpellator from the majority,

asr-004062
04:29:47.920 --> 04:29:50.840
Rep. Mikaela Angela B. Suansing: Representative Miro Quimbo.

asr-004063
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

asr-004064
04:29:57.560 --> 04:30:03.680
Rep. Atty. Miro S. Quimbo: Good afternoon, Chairman Tengco and the PAGCOR family.

asr-004065
04:30:03.680 --> 04:30:12.159
Rep. Atty. Miro S. Quimbo: colleague congresswoman ginaldo magandang hapon posa in your chairman al

asr-004066
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

asr-004067
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

asr-004068
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

asr-004069
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

asr-004071
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

asr-004072
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

asr-004073
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

asr-004074
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

asr-004076
04:31:13.118 --> 04:31:19.083
Rep. Atty. Miro S. Quimbo: papu-yump one standing on entrada Ahyuto

asr-004077
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

asr-004078
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

asr-004079
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

asr-004080
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

asr-004081
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.

asr-004082
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

asr-004083
04:32:05.439 --> 04:32:09.600
PAGCOR Chairman and CEO Alejandro H. Tengco: matutuloy doon sa original site yung

asr-004085
04:32:09.600 --> 04:32:12.640
PAGCOR Chairman and CEO Alejandro H. Tengco: kasinong binabanggit ninyo.

asr-004085-split-2
04:32:12.640 --> 04:32:14.560
Rep. Atty. Miro S. Quimbo: Maraming salamat po, Chairman.

asr-004085-split-3
04:32:14.560 --> 04:32:16.040
PAGCOR Chairman and CEO Alejandro H. Tengco: We will update you also.

asr-004086
04:32:16.040 --> 04:32:17.080
Rep. Atty. Miro S. Quimbo: Yes po. Yes po.

asr-004086-split-2
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.

asr-004086-split-3
04:32:21.040 --> 04:32:27.319
Rep. Atty. Miro S. Quimbo: So, since puro bagong paaralan ang pinag-uusapan,

asr-004087
04:32:27.319 --> 04:32:30.199
Rep. Atty. Miro S. Quimbo: Pero kami po ay pinalad noong 2014 na

asr-004088
04:32:30.199 --> 04:32:33.439
Rep. Atty. Miro S. Quimbo: nabigyan po kami ng paaralan sa Marikina

asr-004089
04:32:33.439 --> 04:32:34.840
Rep. Atty. Miro S. Quimbo: ng PAGCOR.

asr-004094
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,

asr-004095
04:32:40.119 --> 04:32:42.600
Rep. Atty. Miro S. Quimbo: at napakarami pong congressman na makukulit.

asr-004096
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.

asr-004097
04:32:51.920 --> 04:32:52.520
Rep. Atty. Miro S. Quimbo: Pwede po ba yun?

asr-004098
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.

asr-004099
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.

asr-004100
04:33:02.760 --> 04:33:04.119
PAGCOR Chairman and CEO Alejandro H. Tengco: Sige po, tingnan natin.

asr-004101
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.

asr-004102
04:33:08.279 --> 04:33:11.279
PAGCOR Chairman and CEO Alejandro H. Tengco: But pwede po natin pag-usapan.

asr-004103
04:33:11.279 --> 04:33:11.879
PAGCOR Chairman and CEO Alejandro H. Tengco: Tingnan natin.

asr-004104
04:33:11.879 --> 04:33:13.480
PAGCOR Chairman and CEO Alejandro H. Tengco: Kung hindi naman malaki.

asr-004105
04:33:13.480 --> 04:33:15.480
Rep. Atty. Miro S. Quimbo: Susulat po, kung hindi po kalaki yan.

asr-004106
04:33:15.480 --> 04:33:18.000
Rep. Atty. Miro S. Quimbo: Opo, pagkita lang natin.

asr-004108
04:33:18.000 --> 04:33:21.760
Rep. Atty. Miro S. Quimbo: Mangyari po sana, Your Honor, nasulatan niyo po ako.

asr-004109
04:33:21.760 --> 04:33:22.119
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

asr-004110
04:33:22.119 --> 04:33:24.719
PAGCOR Chairman and CEO Alejandro H. Tengco: Para matinan po natin yung inyong kahilingan.

asr-004111
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.

asr-004112
04:33:29.240 --> 04:33:31.160
PAGCOR Chairman and CEO Alejandro H. Tengco: Dati pong PAGCOR ang pondo dito.

asr-004113
04:33:31.160 --> 04:33:33.520
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR talaga. PAGCOR ang gumawa.

asr-004115
04:33:33.520 --> 04:33:34.520
PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR building po yun.

asr-004116
04:33:34.520 --> 04:33:35.320
PAGCOR Chairman and CEO Alejandro H. Tengco: Opo, tingnan natin.

asr-004117
04:33:35.320 --> 04:33:37.799
PAGCOR Chairman and CEO Alejandro H. Tengco: At iba pa po ang chairman noon.

asr-004118
04:33:37.799 --> 04:33:41.000
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero sigurado ko, nagpapasalamat kami sa kanya noon.

asr-004119
04:33:41.000 --> 04:33:41.719
PAGCOR Chairman and CEO Alejandro H. Tengco: Pero di hamak masalaman.

asr-004120
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.

asr-004121
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PAGCOR Chairman and CEO Alejandro H. Tengco: Siguro naman, mahapyawan lang kami ng kaunti.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Ano po, ha?

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PAGCOR Chairman and CEO Alejandro H. Tengco: Opo.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Palagay ko po, sa binanggit niyo na yun, siyasabihin ko na sa inyo, mangyayari po yun.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Maraming salamat.

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Rep. Atty. Miro S. Quimbo: Chairman, maraming salamat po.

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Rep. Atty. Miro S. Quimbo: Mabuhay po tayong lahat.

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Rep. Atty. Miro S. Quimbo: Salamat po.

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Rep. Mikaela Angela B. Suansing: Thank you, Representative Miro Quimbo.

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Rep. Mikaela Angela B. Suansing: My apologies po to Chairman Mark.

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Rep. Mikaela Angela B. Suansing: We'll now move to our next interpellator.

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Rep. Mikaela Angela B. Suansing: Ito, totoo.

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Rep. Mikaela Angela B. Suansing: Bada po talaga.

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Rep. Mikaela Angela B. Suansing: Representative Mark Cojuangco.

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Rep. Mark O. Cojuangco: Hello, Madam Chair.

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Rep. Mark O. Cojuangco: This representation would like to thank and congratulate the PAGCOR for the continuous good work and service to our society.

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Rep. Mark O. Cojuangco: I have a question about the hospitals.

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Rep. Mark O. Cojuangco: Are you also funding hospitals?

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PAGCOR Chairman and CEO Alejandro H. Tengco: Your Honor, we are not.

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PAGCOR Chairman and CEO Alejandro H. Tengco: PAGCOR, as it is, is not funding the construction of hospitals.

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PAGCOR Chairman and CEO Alejandro H. Tengco: But rather, our foundations are the ones helping out.

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PAGCOR Chairman and CEO Alejandro H. Tengco: And recently, most recently...

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PAGCOR Chairman and CEO Alejandro H. Tengco: Just in the last week of July, we inaugurated a multi-specialty hospital in Clark.

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PAGCOR Chairman and CEO Alejandro H. Tengco: And that was funded by Bloomberry Foundation, which is the foundation arm of Solair.

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PAGCOR Chairman and CEO Alejandro H. Tengco: So they did budget and they spent more than a billion pesos.

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PAGCOR Chairman and CEO Alejandro H. Tengco: And PAGCOR helped in purchasing equipment.

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PAGCOR Chairman and CEO Alejandro H. Tengco: And now, we have the equipment that is going to be used for the said hospital.

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PAGCOR Chairman and CEO Alejandro H. Tengco: So, that is the situation.

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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.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Because, Your Honor, when it comes to big-tickets, we will be spreading ourselves very thinly.

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PAGCOR Chairman and CEO Alejandro H. Tengco: So, we solicit the help.

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PAGCOR Chairman and CEO Alejandro H. Tengco: The help of the foundations of the different hospitals.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Another case is the Conrado Estrella Hospital in Pangasinan.

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PAGCOR Chairman and CEO Alejandro H. Tengco: I know, Your Honor, that you are there.

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PAGCOR Chairman and CEO Alejandro H. Tengco: It is just a small hospital.

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PAGCOR Chairman and CEO Alejandro H. Tengco: But we were able to, I think, give 100 million pesos during the time of my predecessor.

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PAGCOR Chairman and CEO Alejandro H. Tengco: And then, there was only equipment needed.

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PAGCOR Chairman and CEO Alejandro H. Tengco: That is where I came in and we helped in the Conrado Estrella District Hospital.

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PAGCOR Chairman and CEO Alejandro H. Tengco: Thank you, Mr. Chair.

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Rep. Mark O. Cojuangco: Yes, the Conrado Estrella is in the 6th District of Pangasinan.

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Rep. Mark O. Cojuangco: I represent the 2nd District of Pangasinan.

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Rep. Mark O. Cojuangco: So, this representation...

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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

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Rep. Mark O. Cojuangco: you were talking about.

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Rep. Mark O. Cojuangco: If Faggoy cannot help with that,

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Rep. Mark O. Cojuangco: So can it help, such that the amount that the DOH has to carry...

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Rep. Mark O. Cojuangco: Could there be a response?

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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

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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

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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

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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

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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

asr-004181
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PAGCOR Chairman and CEO Alejandro H. Tengco: project um you might you will be barred uh from

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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

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PAGCOR Chairman and CEO Alejandro H. Tengco: have to finish the project and sometimes the project takes years to complete and you will

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PAGCOR Chairman and CEO Alejandro H. Tengco: be sacrificing the possibility of receiving other support so that's the reason why under our charter

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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

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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

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PAGCOR Chairman and CEO Alejandro H. Tengco: hospital will con consist of several buildings anyway you know so maybe a portion yeah so portion

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PAGCOR Chairman and CEO Alejandro H. Tengco: can be

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PAGCOR Chairman and CEO Alejandro H. Tengco: funded by course or maybe may i suggest your honor maybe even better would be the

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PAGCOR Chairman and CEO Alejandro H. Tengco: hospital equipment yes it can be used in a completed building of yours exactly that is

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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

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Rep. Mark O. Cojuangco: know that uh the district two of pangasinan is the second most populous district in the entire province

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Rep. Mark O. Cojuangco: we have six districts but uh ever since uh this president uh assumed office in 2022 our district

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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

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Rep. Mark O. Cojuangco: more years uh of this administration before it expires and i'm hell-bent on trying to at least be

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Rep. Mark O. Cojuangco: at par with uh the other districts in the province so any help that pagor can give to

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Rep. Mark O. Cojuangco: kind of make up for that shortfall will be greatly appreciated this is the same appeal

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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

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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

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PAGCOR Chairman and CEO Alejandro H. Tengco: completing one of the many buildings you had mentioned then we can possibly look into the

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PAGCOR Chairman and CEO Alejandro H. Tengco: possibility of us working together for uh hospital equipment that or or whatever equipment you will

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PAGCOR Chairman and CEO Alejandro H. Tengco: need so that the this said completed project hospital project that you have

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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

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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

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Rep. Mark O. Cojuangco: we will do so uh mr chairman madam chair and uh we will pursue that line of that recommendation

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Rep. Mark O. Cojuangco: to the government and to PAGCOR thank you so much uh madam chair that ends my line of questioning

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Rep. Mikaela Angela B. Suansing: Thank you, Representative Mark Cojuangco.

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Rep. Mikaela Angela B. Suansing: briefing is suspended

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Senior Deputy Speaker Ferdinand L. Hernandez: Madam Chair, I don't have a question for the Chairman. It should be for Attorney Aguinaldo.

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Senior Deputy Speaker Ferdinand L. Hernandez: Just a joke. Don't forget the 2nd District, South Cotabato. Thank you.

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Rep. Mikaela Angela B. Suansing: With that manifestation from Senior Deputy Speaker Ferdinand Hernandez,

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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.

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Rep. Mikaela Angela B. Suansing: Given that, may I hear a motion?

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Committee member (motion mover): I move that we terminate the budget briefing of the Philippine Amusement and Gaming Corporation, Madam Chair.

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Committee member: Second.

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Rep. Mikaela Angela B. Suansing: There is a motion to terminate the budget briefing of the Philippine Amusement and Gaming Corporation.

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Rep. Mikaela Angela B. Suansing: It has been duly seconded. The motion is carried.

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

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Rep. Mikaela Angela B. Suansing: only five hours.

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Rep. Mikaela Angela B. Suansing: I was going to say that last year it took us 9 hours.

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Rep. Mikaela Angela B. Suansing: I hope in my final year it will only be 1 hour.

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Rep. Mikaela Angela B. Suansing: Thank you, Chairman Alejandro H. Tengco.

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Rep. Mikaela Angela B. Suansing: Thank you to the officials of PAGCOR.

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Rep. Mikaela Angela B. Suansing: Thank you, of course, to our colleagues for the active participation in today's briefing.

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Rep. Mikaela Angela B. Suansing: Chair Al, we'll just coordinate with the PAGCOR officials with regard to all the data requests.

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Rep. Mikaela Angela B. Suansing: Again, thank you very much, Chairman Alejandro H. Tengco, and to the PAGCOR family for making time

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Rep. Mikaela Angela B. Suansing: and being available in the rescheduled time for the briefing of the Philippine Amusement and Gaming Corporation.

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Rep. Mikaela Angela B. Suansing: And with that, the committee proceedings are hereby suspended here in Romaldes Hall

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Rep. Mikaela Angela B. Suansing: and will resume at 3 p.m. for the Philippine Charity Sweepstakes Office

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Rep. Mikaela Angela B. Suansing: Budget Briefing.

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Rep. Mikaela Angela B. Suansing: But just to clarify the said motion, there are now concurrent hearings going on in different rooms

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Rep. Mikaela Angela B. Suansing: for the Department of Justice and the Department of Trade and Industry.

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Rep. Mikaela Angela B. Suansing: So the suspension only applies for the briefing here in Romaldes Hall.

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Rep. Mikaela Angela B. Suansing: The briefing here in Romaldes Hall is hereby suspended until 3 p.m.

asr-004235
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Rep. Mikaela Angela B. Suansing: for the briefing of the Philippine Charity Sweepstakes Office.