PAGCOR

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Rep. Mikaela Angela B. Suansing

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good morning everyone the budget briefing is resumed please rise for the singing of the

00:27:07Source

Rep. Mikaela Angela B. Suansing

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national anthem and please remain standing for a minute of silent prayer.

00:28:55Source

Rep. Mikaela Angela B. Suansing

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Thank you, everyone.

00:28:56Source

Rep. Mikaela Angela B. Suansing

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You may take your seats. Committee secretary, please acknowledge the members and resource persons present in today's briefing

00:29:05Source

Committee Secretary

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good morning thank you madam chairperson may we acknowledge the

00:29:10Source

Committee Secretary

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

00:29:19Source

Committee Secretary

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deputy vice chair Julienne "Jam" Baronda representative Adrian Salceda representative

00:29:24Source

Committee Secretary

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Elijah San Fernando representative Salvador Pleyto vice chair Jose Alvarez vice chair

00:29:29Source

Committee Secretary

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agustina dominique pancho representative Eulogio Rodriguez vice chair Monique Yazmin Maria

00:29:37Source

Committee Secretary

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vice chair

00:29:40Source

Committee Secretary

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seftan representative john attorney jp padernos represented mauricio domogan

00:29:47Source

Committee Secretary

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representative sarah elago representative presley de jesus representative ferdinand

00:29:53Source

Committee Secretary

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Representative Ferdinand Beltran, Representative Iris Marie Montes, Representative Dante S. Garcia,

00:29:58Source

Committee Secretary

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

00:30:12Source

Committee Secretary

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

00:30:21Source

Committee Secretary

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Good morning, sir.

00:30:23Source

Committee Secretary

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Vice President Attorney Naealla Bainto-Aguinaldo.

00:30:26Source

Committee Secretary

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Good morning.

00:30:29Source

Committee Secretary

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Vice President Angelito Domingo.

00:30:30Source

Committee Secretary

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Vice President Sharon S.J. Quintanilla.

00:30:33Source

Committee Secretary

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Assistant Vice President Attorney Jessa Maris Fernandez.

00:30:39Source

Committee Secretary

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Assistant Vice President Maria Cheryl de Guia.

00:30:42Source

Committee Secretary

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Assistant Vice President Catalino Alano.

00:30:47Source

Committee Secretary

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Assistant Vice President Eric Balcos.

00:30:51Source

Committee Secretary

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Good morning.

00:30:52Source

Committee Secretary

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And may also acknowledge the additional members.

00:30:58Source

Committee Secretary

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

00:31:04Source

Committee Secretary

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That's all, Madam Chair.

00:31:09Source

Rep. Mikaela Angela B. Suansing

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Thank you very much, ComSec.

00:31:12Source

Rep. Mikaela Angela B. Suansing

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To our distinguished colleagues, to our former President Gloria Macapagal-Arroyo, to PAGCOR officials headed by Chairman and CEO Alejandro H. Tengco,

00:31:24Source

Rep. Mikaela Angela B. Suansing

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and our resource persons, good morning.

00:31:30Source

Rep. Mikaela Angela B. Suansing

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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.

00:31:40Source

Rep. Mikaela Angela B. Suansing

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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.

00:31:48Source

Rep. Mikaela Angela B. Suansing

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So thank you, Chair Al, and to the PAGCOR officials for your flexibility and for making time for today's briefing.

00:31:56Source

Rep. Mikaela Angela B. Suansing

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Today's hearing will review PAGCOR's budget performance and its continuing contribution to the national government.

00:32:00Source

Rep. Mikaela Angela B. Suansing

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contribution to the national government through taxes, dividends, and contributions to nation

00:32:08Source

Rep. Mikaela Angela B. Suansing

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building. For fiscal year 2026, PAGCOR's income and net income are projected to be lower than

00:32:15Source

Rep. Mikaela Angela B. Suansing

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the assumptions underlying its approved corporate operating budget. The committee would like to seek

00:32:21Source

Rep. Mikaela Angela B. Suansing

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clarification on the reasons for these downward revisions, and we would also like to request for

00:32:27Source

Rep. Mikaela Angela B. Suansing

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an update on the implementation of capital projects, as well as status of remittances to

00:32:37Source

Rep. Mikaela Angela B. Suansing

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the Philippine Sports Commission. For fiscal year 2027, we expect a realistic and sustainable budget

00:32:43Source

Rep. Mikaela Angela B. Suansing

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that safeguards government revenues, improves project implementation, and strengthens the

00:32:47Source

Rep. Mikaela Angela B. Suansing

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regulation of gambling, whether online or otherwise. At the end of this briefing, we hope to better

00:32:52Source

Rep. Mikaela Angela B. Suansing

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understand how PAGCOR can remain a reliable

00:32:55Source

Rep. Mikaela Angela B. Suansing

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source of government funds while responsibly addressing the social effects of gambling.

00:33:02Source

Rep. Mikaela Angela B. Suansing

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With that, may I now respectfully request the Chairman and Chief Executive Officer of PAGCOR,

00:33:09Source

Rep. Mikaela Angela B. Suansing

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the Honorable Alejandro H. Tengco, to proceed with the presentation on behalf of PAGCOR.

00:33:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

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Thank you very much, Chairperson Mika Suansing, and magandang umaga po sa lahat ng miyembro ng

00:33:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

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Committee on Appropriations. Former President Gloria Macapagal-Arroyo, good morning. To all the members—well,

00:33:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

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thank you, too, for rescheduling us today. Unfortunately, we had the very bad weather past week and a half,

00:33:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

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so I know we were postponed. And we made sure that the scheduled hearing, the meeting, and the hearing were limited,

00:33:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

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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!

00:34:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

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which is this morning, we would be ready to present and answer to the best of our ability

00:34:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

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all the questions of the members of the committee.

00:34:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

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So this morning, we will be presenting the update on the highlights of PAGCOR's operational

00:34:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

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and financial accomplishments for fiscal year 2025, 2026, as well as our projections for 2027.

00:34:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

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For 2026, we will be reporting on the results of our first semester operations.

00:34:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

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So with your permission, Chairperson Suansing, I would like to ask our AVP, Ms. Cheryl de Guia,

00:34:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

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to start the presentation.

00:34:51Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Thank you, Mr. Chair, for the introduction.

00:34:56Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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To all the honorable members of the House Committee on Appropriations, headed by Chairperson

00:35:02Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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to our Chairperson Mikaela Suansing,

00:35:04Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Next slide, please.

00:35:09Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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The following slides will show our operational and financial highlights for 2025, estimates

00:35:16Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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for 2026, and projections for 2027.

00:35:19Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Next slide, please.

00:35:20Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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I will present PAGCOR's financial and operational performance

00:35:28Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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and PAGCOR's contributions to nation-building.

00:35:38Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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This amount includes the 50% government share, the 5% franchise tax, and corporate income

00:35:43Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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tax to the Bureau of Internal Revenue.

00:35:49Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Host city share, socio-civic projects, and the public sector.

00:35:55Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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It includes mandatory contributions to the Philippine Sports Commission, the Renewable

00:36:02Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Energy Trust Fund, the Board of Claims, the Dangerous Drugs Board, sports benefits and

00:36:07Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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incentives to athletes and coaches who win in international competitions.

00:36:11Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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PAGCOR is the government's third-largest revenue-generating agency,

00:36:18Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Next slide, please.

00:36:21Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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PAGCOR's actual total income for 2025 reached P106.03 billion,

00:36:28Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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total revenues of $88.33 billion and will allocate around $63 billion for nation-building activities.

00:36:38Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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PAGCOR's 2026 estimated total income is P86.95 billion,

00:36:50Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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The current slide shows a downward trend in the operating expenses, or OPEX, over total income

00:36:57Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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ratio from 34.84% in 2021 to 20.38% in 2025, while net income over total income ratio improved

00:37:10Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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from 0.57% in 2021 to 16.48% in 2025. For January to June 2026, however,

00:37:21Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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the OPEX over total income ratio went upward to 26.7%, while net income over total income ratio

00:37:30Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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PAGCOR's projected income for 2027 is P88.33 billion,

00:37:40Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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income from 2023 to 2025 actual, 2026 estimates, and 2027 projections.

00:37:50Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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PAGCOR projected a net income of P5.45 billion in 2027.

00:37:54Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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while net income over total income ratio went up to 1.18% on JAN or 2.28% on PEI.

00:37:56Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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In the case of the BIR's charter, five percent of the agencies' income from gaming operations

00:37:59Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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goes to the BIR as franchise tax. The 50 percent of the 95 percent balance of gaming revenues

00:38:03Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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goes to the National Treasury as national government's mandated income share. Half

00:38:10Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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of the said governments' share remitted to the National Treasury is allocated or goes

00:38:13Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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PAGCOR's total contributions to nation-building reached P66.95 billion in 2025,

00:38:20Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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are given fixed amount for their respective community development projects.

00:38:25Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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PAGCOR also allocates part of its revenues for socio-civic projects.

00:38:32Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Pursuant to the National Internal Revenue Code,

00:38:35Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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PAGCOR is also paying corporate income tax to the BIR.

00:38:40Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Special laws also top PAGCOR as a major funding source for the Philippine Sports Commission,

00:38:46Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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such as the 5% PSC share and the sports benefit and incentives for athletes and coaches.

00:38:51Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Also, the Board of Claims and the Renewable Energy Trust Fund.

00:39:02Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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We now go to PAGCOR's significant accomplishments in 2025 and the first semester of 2026.

00:39:12Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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In 2025, the agency posted P95.14 billion in income from gaming operations,

00:39:15Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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lower by P2.38 billion,

00:39:19Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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or around 2.5% compared to the P97.52 billion in 2024.

00:39:25Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Among the factors that declined in the gaming revenues in 2025 compared to the previous year

00:39:30Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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was the closure of Pogo in the middle of December 2024,

00:39:34Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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decline in gaming revenues of PAGCOR casinos,

00:39:36Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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as well as decline in gaming revenues of our licenses.

00:39:43Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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While the delinking of e-wallets from online gaming platforms

00:39:45Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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in the third quarter of the year 2020,

00:39:48Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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also slowed down the income.

00:39:58Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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The agency posted P106.03 billion in total income in 2025,

00:40:05Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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lower by P5.68 billion compared to the P111.71 billion total income in 2024.

00:40:17Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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PAGCOR's total contribution to nation-building reached P66.95 billion in 2025,

00:40:25Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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lower by P1.25 billion compared to the P68.20 billion contribution in 2024.

00:40:30Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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This is due to the lower revenues in 2025.

00:40:38Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Also in 2025, PAGCOR remitted a total of P8.31 billion in taxes to the Bureau of Internal Revenue.

00:40:45Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Of this amount, P4.78 billion represents PAGCOR franchise tax,

00:40:49Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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P2.63 billion within withholding taxes,

00:40:52Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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and P0.9 billion in corporate income tax.

00:41:00Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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On top of its contribution to nation-building,

00:41:04Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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PAGCOR declares and remits at least 50% of its annual net earnings as cash dividends

00:41:07Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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to the national government.

00:41:10Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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This is pursuant to Republic Act No. 7656 or the Dividends Law.

00:41:14Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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For 2025, PAGCOR declared P5.67 billion in dividends.

00:41:25Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Based on the guidelines on the operationalization,

00:41:27Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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of the allocations appropriations for RA11223 or the Universal Healthcare Act of 2019,

00:41:37Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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PAGCOR shall remit 50% of its gaming revenue to the Bureau of Treasury every 20th of the month

00:41:44Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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and 50% of it will be allocated for the UHC.

00:41:49Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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The allocated funds shall be used exclusively for the improvement of benefits packages

00:41:53Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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under the PhilHealth's National Health Insurance Program.

00:41:58Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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And PAGCOR shall be consulted in the preparation of its Medium-Term Expenditure Program Plan.

00:42:08Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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For 2025, the 50% of the 50% government share for allocation to the UHC is around P22.56 billion.

00:42:22Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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During the first semester of 2026, PAGCOR's total income was P43.32 billion.

00:42:27Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Of this amount,

00:42:31Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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P30.16 billion went to the nation building programs.

00:42:33Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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For the succeeding slides,

00:42:37Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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I will now turn you over to Assistant Vice President Eric Balcos,

00:42:40Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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Head of the PAGCOR Community Relations and Services Department,

00:42:44Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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to discuss other significant accomplishments and PAGCOR's

00:42:47Source

PAGCOR Assistant Vice President Maria Cheryl I. De Guia

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corporate social responsibility projects of PAGCOR.

00:42:54Source

PAGCOR Assistant Vice President Eric I. Balcos

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Magandang umaga po.

00:42:58Source

PAGCOR Assistant Vice President Eric I. Balcos

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The following slides highlight PAGCOR's additional accomplishments

00:43:02Source

PAGCOR Assistant Vice President Eric I. Balcos

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and contributions to nation building on top of its mandated contributions.

00:43:07Source

PAGCOR Assistant Vice President Eric I. Balcos

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Next slide, please.

00:43:13Source

PAGCOR Assistant Vice President Eric I. Balcos

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On March 25, 2026, PAGCOR, in partnership with the Department of Education,

00:43:19Source

PAGCOR Assistant Vice President Eric I. Balcos

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launched a nationwide school building program to help address the country's classroom shortage

00:43:24Source

PAGCOR Assistant Vice President Eric I. Balcos

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under the instructions of President Ferdinand R. Marcos, Jr.

00:43:28Source

PAGCOR Assistant Vice President Eric I. Balcos

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Under the program,

00:43:31Source

PAGCOR Assistant Vice President Eric I. Balcos

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PAGCOR has committed the amount of 7.5 billion pesos

00:43:34Source

PAGCOR Assistant Vice President Eric I. Balcos

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to fund the construction of 125 three-story 12-classroom school buildings

00:43:40Source

PAGCOR Assistant Vice President Eric I. Balcos

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equivalent to approximately 1,500 classrooms over the next two years.

00:43:49Source

PAGCOR Assistant Vice President Eric I. Balcos

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Every facility will be equipped with student chairs and tables,

00:43:56Source

PAGCOR Assistant Vice President Eric I. Balcos

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PWD-friendly amenities, electric fans, microphones, a 75-inch smart TV,

00:43:59Source

PAGCOR Assistant Vice President Eric I. Balcos

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and a one-year internet subscription.

00:44:03Source

PAGCOR Assistant Vice President Eric I. Balcos

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Site selection is determined upon the recommendation of the Department of Education

00:44:08Source

PAGCOR Assistant Vice President Eric I. Balcos

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and the capability of recipient local government units

00:44:12Source

PAGCOR Assistant Vice President Eric I. Balcos

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to complete the school buildings awarded to them.

00:44:14Source

PAGCOR Assistant Vice President Eric I. Balcos

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Next slide, please.

00:44:20Source

PAGCOR Assistant Vice President Eric I. Balcos

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In line with President Ferdinand R. Marcos, Jr.'s order

00:44:23Source

PAGCOR Assistant Vice President Eric I. Balcos

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to improve emergency and medical services in far-flung areas,

00:44:28Source

PAGCOR Assistant Vice President Eric I. Balcos

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PAGCOR has been donating

00:44:30Source

PAGCOR Assistant Vice President Eric I. Balcos

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has been donating

00:44:32Source

PAGCOR Assistant Vice President Eric I. Balcos

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patient transport vehicles to local government units,

00:44:34Source

PAGCOR Assistant Vice President Eric I. Balcos

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public hospitals, frontline agencies,

00:44:37Source

PAGCOR Assistant Vice President Eric I. Balcos

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as well as non-government organizations.

00:44:40Source

PAGCOR Assistant Vice President Eric I. Balcos

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Each vehicle is equipped with GPS,

00:44:43Source

PAGCOR Assistant Vice President Eric I. Balcos

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an ambulance stretcher, oxygen tank, wheelchair,

00:44:48Source

PAGCOR Assistant Vice President Eric I. Balcos

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and first aid kit to provide immediate medical care to those in need.

00:44:54Source

PAGCOR Assistant Vice President Eric I. Balcos

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To date, PAGCOR has donated close to 250 PTVs

00:44:57Source

PAGCOR Assistant Vice President Eric I. Balcos

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to various recipients across the country.

00:44:59Source

PAGCOR Assistant Vice President Eric I. Balcos

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the country next slide every year destructive typhoons and other natural disasters impact

00:45:07Source

PAGCOR Assistant Vice President Eric I. Balcos

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the philippines resulting in casualties and causing millions of pesos worth of losses in

00:45:19Source

PAGCOR Assistant Vice President Eric I. Balcos

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agriculture, infrastructure, and livelihood. PAGCOR helps ease the effects of natural calamities by

00:45:25Source

PAGCOR Assistant Vice President Eric I. Balcos

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providing immediate assistance to affected individuals and families in 2025 and in the

00:45:32Source

PAGCOR Assistant Vice President Eric I. Balcos

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first semester of 2026 the agency spent a total of 300 million pesos for the purchase of food and

00:45:38Source

PAGCOR Assistant Vice President Eric I. Balcos

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non-food packs for distribution in areas hit by typhoons floods earthquakes volcanic eruptions

00:45:43Source

PAGCOR Assistant Vice President Eric I. Balcos

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and fires. On July 24, 2026, PAGCOR, together with the Bloomberry Cultural Foundation, Inc.,

00:45:58Source

PAGCOR Assistant Vice President Eric I. Balcos

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the clark development corporation and the department of health

00:46:04Source

PAGCOR Assistant Vice President Eric I. Balcos

asr-000223

inaugurated the Jose B. Lingad Children's Medical Center,

00:46:08Source

PAGCOR Assistant Vice President Eric I. Balcos

asr-000224

the first facility completed under the clark multi-specialty medical center project

00:46:13Source

PAGCOR Assistant Vice President Eric I. Balcos

asr-000225

The inauguration was graced by His Excellency President Ferdinand R. Marcos Jr.

00:46:20Source

PAGCOR Assistant Vice President Eric I. Balcos

asr-000226

the state-of-the-art pediatric facility is equipped with advanced medical machines

00:46:25Source

PAGCOR Assistant Vice President Eric I. Balcos

asr-000227

including ai assisted diagnostic equipment enabling faster and more accurate diagnosis

00:46:33Source

PAGCOR Assistant Vice President Eric I. Balcos

asr-000228

of pediatric conditions that will significantly enhance health care delivery for children

00:46:37Source

PAGCOR Assistant Vice President Eric I. Balcos

asr-000229

in Central Luzon and neighboring regions. PAGCOR contributed P360 million worth of medical

00:46:45Source

PAGCOR Assistant Vice President Eric I. Balcos

asr-000230

equipment for the project while the bloomberry cultural foundation incorporated provided 1 billion

00:46:52Source

PAGCOR Assistant Vice President Eric I. Balcos

asr-000231

pesos for the construction and development of the facility. That ends our report po. We wish

00:47:00Source

PAGCOR Assistant Vice President Eric I. Balcos

asr-000232

to thank the House Committee on Appropriations for inviting PAGCOR today.

00:47:09Source

Rep. Mikaela Angela B. Suansing

asr-000233

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.

00:47:18Source

Rep. Mikaela Angela B. Suansing

asr-000234

Twenty seconds po, very quickly. Thank you very much, Chairman Tengco, Vice President De Guia, and

00:47:56Source

Rep. Mikaela Angela B. Suansing

asr-000235

Assistant Vice President Balcos, for that presentation.

00:48:01Source

Rep. Mikaela Angela B. Suansing

asr-000236

i think that was one of the main questions that i posed also in the

00:48:05Source

Rep. Mikaela Angela B. Suansing

asr-000237

opening statement which is there is an 18 percent decrease from the 2025 actual total income

00:48:14Source

Rep. Mikaela Angela B. Suansing

asr-000238

projection of 106 billion down to 86.94 95 billion in 2026 may we request clarification

00:48:28Source

Rep. Mikaela Angela B. Suansing

asr-000239

that is really because of the downturn in gaming operations income so may we request for a

00:48:36Source

Rep. Mikaela Angela B. Suansing

asr-000240

um an explanation to explain the downturn in in total income from 2025 to 2026

00:48:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000241

Good morning chairperson Suansing

00:48:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000242

you're referring to the decline in our

00:48:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000243

revenue as to the reasons okay there are a few reasons in

00:49:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000244

ma'am uh as stated number one uh from 2025 to 2026 the yield those are not untapped

00:49:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000245

from 2025 to 2026 the median yield is only 15% of the somewhere equals 20% of the total growth range

00:49:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000246

2025 to 2026 there were so many events that transpired number one was the the linking

00:49:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000247

in uh september or towards the last quarter of uh last year of the e-wallets

00:49:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000248

customers there was an order coming from the senate in a hearing sometime in september

00:49:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000249

of last year requesting the banco central philippinas to implement the delinking of

00:49:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000250

the payment apps online gaming customers so we after that was implemented we had experienced

00:49:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000251

a downtrend of about 40 percent uh in gaming activities

00:50:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000252

it is being uh deducted from your account if you were playing online but because of the delinking

00:50:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000253

you have to go through another process so that contributed to a 40 percent decline now um we

00:50:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000254

noticed that

00:50:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000255

decline from 40

00:50:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000256

towards the early part of 2026

00:50:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000257

unfortunately the middle east crisis happened and truly

00:50:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000258

both the land-based casinos or our licenses were affected and so with online gaming as you very well

00:51:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000259

in the online gaming market our main customers come from the cde market and they that market was

00:51:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000260

the one that was truly affected by the middle east crisis now just as an update for the month of july

00:51:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000261

we saw an increase in gaming activity of about 10 percent and

00:51:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000262

the in august uh still on that same level so hopefully as economic conditions improve

00:51:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000263

then we will be able to have better revenue coming from online gaming

00:51:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000264

now with regard to land-based casinos and i'm referring to our big licenses

00:52:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000265

pong integrated resorts

00:52:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000266

very weak thank you

00:52:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000267

2026 however a good sign is there is now an uptick in the number of tourists

00:52:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000268

who are patronizing this uh integrated resorts so we have seen a slight upward trend in towards the

00:52:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000269

end of July and early August. I had received reports from our licensees that the number of

00:52:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000270

tourists who are patronizing the integrated resorts have started to also improve in the last

00:52:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000271

month and a half. So if the trend continues and considering that the peak season for gaming

00:53:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000272

activities is already coming up, and I'm referring to the last quarter of the year, hopefully we're

00:53:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000273

able to recover the weak revenue in the first half towards the latter part of this year.

00:53:24Source

Rep. Mikaela Angela B. Suansing

asr-000274

Thank you, Chairman Al.

00:53:26Source

Rep. Mikaela Angela B. Suansing

asr-000275

Just

00:53:27Source

Rep. Mikaela Angela B. Suansing

asr-000276

wanted to highlight that despite the 20 billion decrease in the estimated total income from 2025

00:53:35Source

Rep. Mikaela Angela B. Suansing

asr-000277

to 2026, the total contributions to nation building did not actually go down by much. From

00:53:43Source

Rep. Mikaela Angela B. Suansing

asr-000278

2025, level of 66.9 billion, despite the 20 billion decrease in total income, 8.3% or 5.5

00:53:56Source

Rep. Mikaela Angela B. Suansing

asr-000279

billion decreased in contributions to nation building. So we just like to

00:54:03Source

Rep. Mikaela Angela B. Suansing

asr-000280

commend PAGCOR for that despite the downturn in total income, the contributions to nation

00:54:11Source

Rep. Mikaela Angela B. Suansing

asr-000281

building still remained intact, more or less. So it didn't see that big of a downturn. So

00:54:18Source

Rep. Mikaela Angela B. Suansing

asr-000282

in terms of contribution, thank you for continuing to your commitments to the government in terms of contributions in nation building

00:54:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000283

thank you for that comment and what i

00:54:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000284

want to emphasize kaya dimpulu makian i we are now implementing effective january 1st 2026 the

00:54:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000285

ruling with finality of the supreme court

00:54:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000286

initially

00:54:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000287

we were only remitting um the the interpretation of the five percent under the law of uh punk

00:55:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000288

corps remittance to the philippine sports commission uh during the time of then president

00:55:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000289

fidel valdez ramos uh how's uh the the formula that was agreed upon then was uh it would be five

00:55:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000290

percent

00:55:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000291

of gaming revenue only so yumpuyo interpretation nung panahong po ni president fidel valdez ramos

00:55:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000292

pero nito pong ah towards the last quarter of 2025 nagkaroon pong ng ruling with finality na

00:55:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000293

ang korte suprema at ang interpretation pong ngayon hindi po interpretation ang kanila pong

00:55:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000294

ruling ang remittance po dapat ng gobyern ng PAGCOR ngayon sa philippine sports commission

00:56:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000295

ay dapat po, Chairperson Suansing, five percent of our gross income. Ang nakalulungkot po rito

00:56:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000296

ay the the case was filed in 1993 the ruling with finality

00:56:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000297

was a came out last quarter of 2025 and ang nakalulungkot po yung ruling po e retroactive 1993

00:56:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000298

sa kadaylanan po nun kasalukuyan pong nakikipag usap kami sa philippine sports commission

00:56:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000299

sapagkat ang pinababayaran po ayon sa disisyon ng supreme court sa PAGCOR

00:56:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000300

ng philippine sports commission dahil batro aktib yon ruling ay kumikikubo lang po bottom seven Hey

00:57:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000301

yo alooooo targeting ang ulil inch Puis Healing in our motion for reconsideration a ast locations

00:57:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000302

of the payment ang naging Kol SocialCC salo om bayaran po ng PAGCOR yun Solog dan sampong tao

00:57:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000303

So 1 kaya kapasalagot uh ayo ay batra dito yung lep marin na code ay voley talaga di mag comedo sa words

00:57:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000304

So, one, kaya double whammy po ang effect sa PAGCOR eh.

00:57:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000305

Una, kami po ay from an average of 190 million pesos a month

00:57:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000306

sa Philippine Sports Commission contribution ng PAGCOR.

00:57:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000307

Ngayon po ay hindi na kami bumababa sa mahigit 300 million piso kada buwan.

00:57:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000308

At bukod po roon, meron po kaming ongoing talks with PSC

00:57:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000309

kailangan na rin po kami mag-upisa magbayad noong retroactive payment

00:57:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000310

doon sa utang namin na 37 billion.

00:57:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000311

So, on our end, mabigat po yun sapagat nowhere did PAGCOR project through the years

00:58:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000312

that we will have to pay.

00:58:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000313

But we respect the decision of the Supreme Court.

00:58:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000314

Hindi ko man po panahon yun eh.

00:58:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000315

Wala po tayong magagawa.

00:58:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000316

Kailangan pong...

00:58:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000317

sundin at implement natin ang naging ruling ng Korte Suprema.

00:58:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000318

So, yun po, Chairperson Suansing at members of this committee,

00:58:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000319

ang isa sa pangunahing dahilan kung bakit tumaas yung contribution sa nation building.

00:58:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000320

Ang totoo po, yung na-contribute namin in 2025,

00:58:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000321

ay nahigitan na po ng contribution namin from January to July of 2020.

00:58:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000322

So, ganun po kalaki talaga ang naging efekto ng ruling ng Korte Suprema

00:58:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000323

sa kasalukuyang financial state ng PAGCOR.

00:59:04Source

Rep. Mikaela Angela B. Suansing

asr-000324

Thank you po, Chairman Al.

00:59:06Source

Rep. Mikaela Angela B. Suansing

asr-000325

Actually, last year po when we had their budget deliberations, wala pang ruling.

00:59:10Source

Rep. Mikaela Angela B. Suansing

asr-000326

Hindi pa po nag-rule noon with financial...

00:59:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000327

Although, Chairperson, noong pong panahon na yun, meron na po kami motion for reconsideration.

00:59:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000328

Pero, as I mentioned, October po nung nag-ano,

00:59:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000329

ang ginawa ko naman po at pumayag din naman po si Chairman Pato Gregorio

00:59:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000330

at namagitan po sa amin ay si Executive Secretary Ralph Recto,

00:59:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000331

effective na lang muna January 1, 2026.

00:59:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000332

Kaya, yun po ay...

00:59:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000333

Ang ginawa ko para hindi na last two months na lamang,

00:59:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000334

nakiusap po ako na yung...

00:59:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000335

January 1, 2026 na lamang.

00:59:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000336

At pagkatapos naman po, yung utang...

00:59:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000337

eh pag-uusapan na lang namin kung paano namin babayaran.

01:00:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000338

Pero sampun taon lang po ang ipinagkaloob ng Supreme Court sa PAGCOR

01:00:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000339

na isettle yung nasabing pagkakautang na ito.

01:00:11Source

Rep. Mikaela Angela B. Suansing

asr-000340

Thank you, Chairman Al.

01:00:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000341

So at 37 billion po across 10 years, ang dagdag po 3.7 billion per year.

01:00:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000342

So, Chairperson, para pong lumalabas, more or less P300 million a month

01:00:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000343

ang aming kailangan bayaran.

01:00:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000344

Kaya ito po ay makaka-apekto sa aming mga projects, sa aming mga pinagkakaloob na tulong

01:00:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000345

sapagkat P300 million, imbis na maitulong na natin yan sa nation-building,

01:00:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000346

kailangan ko pong ibaya d'yon dun sa utang namin na naging desisyon ng Korte Suprema.

01:00:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000347

I wish everyone to take note, yung kaso po in 1990,

01:00:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000348

1993 pa. At ito po ay filed ni dating congressman Yeng Guiao,

01:01:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000349

naging congressman po yata siya dati, siya po ang nag-file noon noong 1993

01:01:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000350

at nito lang pong 2025 nagkaroon ng final ruling.

01:01:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000351

Sabi ko nga po, hindi ko man po administration yan, eh talagang kailangan natin ipatupad.

01:01:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000352

Ang utos ng Korte Suprema.

01:01:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000353

Salamat po, Chairperson.

01:01:30Source

Rep. Mikaela Angela B. Suansing

asr-000354

Thank you po, Chairman Tengco, for the update.

01:01:34Source

Rep. Mikaela Angela B. Suansing

asr-000355

So when we scrutinize the budget of the Philippine Sports Commission later on,

01:01:40Source

Rep. Mikaela Angela B. Suansing

asr-000356

we'll make sure na yung additional remittances po na natatanggap nila ay nagagamit po talaga nila ng tama.

01:01:46Source

Rep. Mikaela Angela B. Suansing

asr-000357

So we'll take note po on the part of the Committee on Appropriations,

01:01:49Source

Rep. Mikaela Angela B. Suansing

asr-000358

just so when we deliberate on the PSC's budget, we'll make sure po, since almost double po,

01:01:56Source

Rep. Mikaela Angela B. Suansing

asr-000359

yung natatanggap nila on a monthly, more than double on a monthly basis, yung natatanggap nila.

01:02:02Source

Rep. Mikaela Angela B. Suansing

asr-000360

Sana po nagagamit po talaga nila para tulungan po yung ating mga atleta.

01:02:06Source

Rep. Mikaela Angela B. Suansing

asr-000361

Thank you, Chair Al.

01:02:07Source

Rep. Mikaela Angela B. Suansing

asr-000362

But I also would like to highlight, under contributions to nation building,

01:02:11Source

Rep. Mikaela Angela B. Suansing

asr-000363

despite the lower income, tumaas pa po yung socio-civic projects ninyo.

01:02:17Source

Rep. Mikaela Angela B. Suansing

asr-000364

From P12.4 billion in 2024 to P12.8 billion in 2025,

01:02:27Source

Rep. Mikaela Angela B. Suansing

asr-000365

And to 13.99 billion in 2026.

01:02:31Source

Rep. Mikaela Angela B. Suansing

asr-000366

So we'd like to commend you on that as well po, that despite the downturn in the income,

01:02:36Source

Rep. Mikaela Angela B. Suansing

asr-000367

you still retain the commitments around socio-civic projects.

01:02:41Source

Rep. Presley C. De Jesus

asr-000368

Madam Chair, here, congress, dito po.

01:02:45Source

Rep. Presley C. De Jesus

asr-000369

Yung clarificatory question sa talong mo kanina with regard to the payment sa Philippine Sports Commission,

01:02:51Source

Rep. Presley C. De Jesus

asr-000370

di ba, every year nagbabayad na sila.

01:02:53Source

Rep. Presley C. De Jesus

asr-000371

So, ibig sabihin, matodoble ang...

01:02:57Source

Rep. Presley C. De Jesus

asr-000372

Kasi nagbayad na sila, contribution nila since 1993 sa National Treasury natin,

01:03:03Source

Rep. Presley C. De Jesus

asr-000373

at the same time, ngayon magbibigyan na ulit,

01:03:06Source

Rep. Presley C. De Jesus

asr-000374

kasama na yung binayad nila sa National Treasury.

01:03:09Source

Rep. Presley C. De Jesus

asr-000375

So, ibig sabihin, doble-doble ang PSC ngayon, makukuha nila.

01:03:14Source

Rep. Presley C. De Jesus

asr-000376

Congress, thank you very much.

01:03:16Source

Rep. Mikaela Angela B. Suansing

asr-000377

Chair Al, may please respond to the query of representative...

01:03:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000378

With your permission, Chairperson Suansing, I'd like to answer Congressman Presley.

01:03:24Source

Rep. Mikaela Angela B. Suansing

asr-000379

Go ahead.

01:03:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000380

Congressman Presley, hindi lang po doble sapagkat, tulad po ng nabanggit ko kanina, Your Honor,

01:03:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000381

yung dati pong contribution nung panahon na inabutan ko na,

01:03:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000382

nag-a-average po ng mga 180 to 190 million per month.

01:03:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000383

With the Supreme Court ruling po, na five percent po ang mandato ng PAGCOR

01:03:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000384

sa gross revenue, sa ngayon po, ay mahigit doble na po effective nung January 1,

01:04:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000385

yung aming kinocontribute.

01:04:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000386

Sa ngayon po, eh, kung di ako nagkakamalik,

01:04:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000387

umaabot po ng kulang 400 million na isang buwan.

01:04:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000388

Pero, over and above that, Your Honor,

01:04:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000389

pinagbabayad po kami ng Korte Suprema,

01:04:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000390

retroactive 1993.

01:04:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000391

Yun po, ay...

01:04:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000392

mag-a-average na naman ng kulang tatloon,

01:04:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000393

mahigit kumulang tatloon daang milyong piso po yung kada buwan.

01:04:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000394

Kaya po, kung ito ay talagang may implement,

01:04:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000395

ang magiging contribution po ng PAGCOR sa Philippine Sports Commission,

01:04:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000396

ay aabutin po ng kulang 700 million piso bawat buwan.

01:04:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000397

Ito po yung 5% na ngayon utos ng Korte Suprema sa gross revenue na magmumula,

01:04:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000398

plus, yung binigyan po kami ng sampun taon lamang ng Korte Suprema

01:05:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000399

na bayaran yung pagkakautang ng PAGCOR magsimula po noong 1993.

01:05:09Source

Rep. Presley C. De Jesus

asr-000400

Madam Chair, I think we need to look into it, no?

01:05:13Source

Rep. Presley C. De Jesus

asr-000401

Kasi, doble-doble na budget ng PSA ngayon.

01:05:15Source

Rep. Presley C. De Jesus

asr-000402

With the payment for 3.3 billion every year for the next 10 years, ma'am,

01:05:20Source

Rep. Presley C. De Jesus

asr-000403

that's sobra naman yan.

01:05:22Source

Rep. Presley C. De Jesus

asr-000404

So, imagine pag-court, karamihan talaga more on...

01:05:25Source

Rep. Presley C. De Jesus

asr-000405

namimigay sila, pero sobra naman kung ibibigay sa PSC yan.

01:05:29Source

Rep. Presley C. De Jesus

asr-000406

I think we have to look into it, Madam Chair.

01:05:31Source

Rep. Presley C. De Jesus

asr-000407

That's it. Thank you very much.

01:05:32Source

Rep. Mikaela Angela B. Suansing

asr-000408

Thank you very much, Kong Presley.

01:05:33Source

Rep. Mikaela Angela B. Suansing

asr-000409

Actually, I'm taking a look at the level,

01:05:37Source

Rep. Mikaela Angela B. Suansing

asr-000410

the fiscal year 2027 NEP level for the PSC.

01:05:42Source

Rep. Mikaela Angela B. Suansing

asr-000411

Medyo bumaba po siya in comparison to the 2026 GAA level,

01:05:47Source

Rep. Mikaela Angela B. Suansing

asr-000412

pero yung binaba po is not commensurate yet to the increase in the remittances from PAGCOR.

01:05:55Source

Rep. Mikaela Angela B. Suansing

asr-000413

So, we'll definitely scrutinize that on the part of the Committee on Appropriations

01:06:00Source

Rep. Mikaela Angela B. Suansing

asr-000414

that whichever level we settle at Kong Presley for the final HGAB level of PSC,

01:06:10Source

Rep. Mikaela Angela B. Suansing

asr-000415

talaga pong yung kailangan, whichever is sufficient based on their utilization

01:06:16Source

Rep. Mikaela Angela B. Suansing

asr-000416

and based on the programs and projects that they have lined up for fiscal year 2027.

01:06:21Source

Rep. Presley C. De Jesus

asr-000417

Thank you, Madam Chair.

01:06:22Source

Rep. Mikaela Angela B. Suansing

asr-000418

Thank you po for pointing that out.

01:06:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000419

Chairperson, may I just make a...

01:06:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000420

May I make a clarification?

01:06:27Source

Rep. Mikaela Angela B. Suansing

asr-000421

Yes, po. Chairperson, thank you.

01:06:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000422

Yung pong 37 billion, I'll be very candid here.

01:06:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000423

Hindi pa po namin naumpisahang bayaran.

01:06:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000424

Yung pong sinasabi kong inumpisahan namin noong January 1, 2026,

01:06:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000425

ay yung 5% of the gross revenue.

01:06:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000426

Yung pong, in fairness, yung pong halos 300 million naman,

01:06:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000427

yung po ang pinag-uusapan namin pang kasalukuyan ni PSC,

01:06:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000428

si Chairman Pato Gregorio, kung papano po.

01:06:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000429

And I think we are close to coming up with an agreement very soon

01:07:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000430

para po nang sa ganun ay magamit na niya sa kanyang mga programa

01:07:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000431

yung nasabing pagkakautang ng PAGCOR na na-rule ng Supreme Court with finality.

01:07:20Source

Rep. Mikaela Angela B. Suansing

asr-000432

Thank you, Chairman Tengco.

01:07:21Source

Rep. Mikaela Angela B. Suansing

asr-000433

So if we may request po from the PAGCOR officials,

01:07:25Source

Rep. Mikaela Angela B. Suansing

asr-000434

copy of your remittances to the PSC if, kung pwede po,

01:07:31Source

Rep. Mikaela Angela B. Suansing

asr-000435

January, the whole of 2025, as well as 2026 from the start of the year to this year.

01:07:39Source

Rep. Mikaela Angela B. Suansing

asr-000436

So we can take that into account as we look through the budget of the Philippine Sports Commission.

01:07:45Source

Rep. Mikaela Angela B. Suansing

asr-000437

Thank you very much po.

01:07:47Source

Rep. Mikaela Angela B. Suansing

asr-000438

Those are my main clarificatory questions po.

01:07:52Source

Rep. Mikaela Angela B. Suansing

asr-000439

We'll now open the floor to our distinguished colleagues.

01:07:55Source

Rep. Mikaela Angela B. Suansing

asr-000440

To post questions and comments to the PAGCOR family,

01:08:00Source

Rep. Mikaela Angela B. Suansing

asr-000441

may I respectfully remind our distinguished colleagues

01:08:03Source

Rep. Mikaela Angela B. Suansing

asr-000442

that each member is given five minutes for questioning or interpolation,

01:08:08Source

Rep. Mikaela Angela B. Suansing

asr-000443

excluding the response of the resource persons.

01:08:10Source

Rep. Mikaela Angela B. Suansing

asr-000444

And when you hear the bell sound, it means that you have 30 seconds to wind up your questions.

01:08:16Source

Rep. Mikaela Angela B. Suansing

asr-000445

As part of the longstanding and respected tradition of the House of Representatives

01:08:20Source

Rep. Mikaela Angela B. Suansing

asr-000446

to accord preferential treatment to the minority members of the House,

01:08:24Source

Rep. Mikaela Angela B. Suansing

asr-000447

followed by independence,

01:08:25Source

Rep. Mikaela Angela B. Suansing

asr-000448

and majority members in an alternating manner,

01:08:29Source

Rep. Mikaela Angela B. Suansing

asr-000449

that is how I will recognize our colleagues who have signed up for interpolations.

01:08:34Source

Rep. Mikaela Angela B. Suansing

asr-000450

We'll start with the minority, then independent, then majority.

01:08:39Source

Rep. Mikaela Angela B. Suansing

asr-000451

And with that, we'll first start with the first member of the minority,

01:08:44Source

Rep. Mikaela Angela B. Suansing

asr-000452

Representative Elijah San Fernando.

01:08:46Source

Rep. Elijah Rumbaoa San Fernando

asr-000453

Thank you, Madam Chair.

01:08:48Source

Rep. Elijah Rumbaoa San Fernando

asr-000454

Chair, thank ko sa presentation niyo po binanggit na 95 billion ng kita ng PAGCOR

01:08:54Source

Rep. Elijah Rumbaoa San Fernando

asr-000455

ng galing sa gaming.

01:08:55Source

Rep. Elijah Rumbaoa San Fernando

asr-000456

At sa gaming operation, ilang percent po ito ng total income ng PAGCOR?

01:09:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000457

Iyan po ay halos, imingit ko mo lang, 95, 96 percent din po ng total income natin.

01:09:08Source

Rep. Elijah Rumbaoa San Fernando

asr-000458

Meron po ba tayong ballpark figure, ilan yung customers na pumapasok dito sa gaming operations,

01:09:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000459

online gaming operations?

01:09:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000460

Sa online po, ang nakarehistro po na mga customers ay meron pong 30,

01:09:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000461

30 million registered po yun.

01:09:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000462

Yung pong aktibong naglalaro, mga 10 million po.

01:09:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000463

Yung po yung active mismong naglalaro.

01:09:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000464

Pero ang nakarehistro po sa pangkasalukuyan, imingit ko mo lang po mga 30 million po.

01:09:45Source

Rep. Elijah Rumbaoa San Fernando

asr-000465

Thank you, Chair, thank ko.

01:09:48Source

Rep. Elijah Rumbaoa San Fernando

asr-000466

Nabanggit niyo po kanina, out of this 30 million registered and 10 million active players in online gaming,

01:09:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000467

most of them ay nanggagaling sa CDE market. Tama po ba ito, Chair?

01:10:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000468

Nandyan po yung malaking porsyento po, Congress.

01:10:06Source

Rep. Elijah Rumbaoa San Fernando

asr-000469

Thank you.

01:10:06Source

Rep. Elijah Rumbaoa San Fernando

asr-000470

Your Honor.

01:10:07Source

Rep. Elijah Rumbaoa San Fernando

asr-000471

So kapag pinag-usapan po natin itong market ng online gaming operation natin,

01:10:11Source

Rep. Elijah Rumbaoa San Fernando

asr-000472

pinatutungkulan po natin dito mga manggagawa, particular, mga minimum wage earner, and low income earners po.

01:10:18Source

Rep. Elijah Rumbaoa San Fernando

asr-000473

Tama po ba?

01:10:19Source

Rep. Elijah Rumbaoa San Fernando

asr-000474

Tama po, Your Honor.

01:10:21Source

Rep. Elijah Rumbaoa San Fernando

asr-000475

Thank you.

01:10:22Source

Rep. Elijah Rumbaoa San Fernando

asr-000476

Noong July 2025 po, may pinirmahan na memorandum.

01:10:25Source

Rep. Elijah Rumbaoa San Fernando

asr-000477

Noong July 2025 po, may pinirmahan na memorandum of understanding ang PAGCOR at ang Adstandard Council.

01:10:29Source

Rep. Elijah Rumbaoa San Fernando

asr-000478

Sabi po dito, ang gambling ay pasok na doon sa must-screen category.

01:10:34Source

Rep. Elijah Rumbaoa San Fernando

asr-000479

Pwede niyo po bang ipaliwanag sa amin ano yung sakop ng must-screen category ng gambling?

01:10:40Source

Rep. Elijah Rumbaoa San Fernando

asr-000480

Ano yung mga sakop po nito?

01:10:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000481

Your Honor, noong 2025, ang PAGCOR po, isa sa mga programa niya sa Responsible Gaming,

01:10:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000482

ang pakikipag-ugnayan po sa...

01:10:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000483

sa Adstandard Council.

01:10:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000484

Kung napansin ninyo, at kung naalala ko po, hearing po rito rin ng budget,

01:11:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000485

hindi pa po namin napipirmahan yung aming pakikipag-ugnayan sa Adstandard Council

01:11:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000486

noong huli pong hearing natin ng budget ng PAGCOR for year 2026.

01:11:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000487

Ang naganap po, at noon po naging isyong malaki,

01:11:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000488

yung pong lahat ng...

01:11:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000489

yung billboard halos sa buong Maynila at gayon din sa mga major tollways

01:11:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000490

ay punong... nakita po ng nating lahat ay napakadami po sa mga billboard na ito

01:11:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000491

ay nauukol sa online gaming.

01:11:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000492

Kaya, ako po ay naalarma rin at sa pakikipag-ugnayan po natin sa Adstandard Council

01:11:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000493

nagkaroon po na ngayon ng panuntunan.

01:11:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000494

O nagkaroon ngayon ng struktura.

01:11:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000495

Kung saan, una, hindi na po pwedeng mag-advertise ng lantaran

01:12:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000496

ang anumang uri ng online gaming operator, sino man ito,

01:12:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000497

gayon din naman po maski yung land-based casinos natin.

01:12:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000498

Kaya, sometime po, binigil ako po ng...

01:12:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000499

Kung di ako nagkakamali,

01:12:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000500

60 araw na palugit.

01:12:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000501

Ang lahat ng mga billboard na ito,

01:12:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000502

pero effective po noong September 2025,

01:12:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000503

naibaba na po natin lahat ito.

01:12:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000504

Pangalawa, hindi na po pwedeng mag-advertise na lamang

01:12:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000505

ang isang land-based operator,

01:12:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000506

gayon din po, your honor,

01:12:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000507

ang mga online gaming operators,

01:12:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000508

kung hindi dumadaan sa Adstandard Council.

01:12:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000509

Pangatlo po,

01:12:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000510

ipinagbawal na rin po ng Adstandard Council

01:13:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000511

ang pag-a-advertise ng online gaming or land-based casino operations

01:13:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000512

during prime time.

01:13:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000513

Hindi na po sila pwedeng mag-advertise between 5 to 8 o'clock in the evening.

01:13:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000514

At ngayon po,

01:13:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000515

hindi na po maaari ka maglagay ng mga advertisement

01:13:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000516

na nagiging...

01:13:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000517

nakalalamang po ngayon

01:13:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000518

sa mga advertisements na nakikita natin sa kapeligiran

01:13:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000519

ay meron pong paalala tungkol sa responsible gaming.

01:13:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000520

So, yun po ang pinakabalangkas

01:13:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000521

ng pakikipagkasunduan po

01:13:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000522

ng PAGCOR sa Adstandard Council.

01:13:50Source

Rep. Elijah Rumbaoa San Fernando

asr-000523

Thank you, Chair Al.

01:13:52Source

Rep. Elijah Rumbaoa San Fernando

asr-000524

So, binabanggit niyo po, hindi pa napirmahan.

01:13:57Source

Rep. Elijah Rumbaoa San Fernando

asr-000525

Nung pong isang taong nag-i-hearing tayo,

01:13:59Source

Rep. Elijah Rumbaoa San Fernando

asr-000526

hindi pa po na...

01:14:01Source

Rep. Elijah Rumbaoa San Fernando

asr-000527

Pero ngayon po,

01:14:02Source

Rep. Elijah Rumbaoa San Fernando

asr-000528

ipinatutupad na po nila ngayon sa pangkasalukuyan.

01:14:05Source

Rep. Elijah Rumbaoa San Fernando

asr-000529

Salamat, Chair Al.

01:14:07Source

Rep. Elijah Rumbaoa San Fernando

asr-000530

Kaugnay po nito,

01:14:08Source

Rep. Elijah Rumbaoa San Fernando

asr-000531

naglabas ng ASC Circular 2025-010

01:14:12Source

Rep. Elijah Rumbaoa San Fernando

asr-000532

all gambling advertisements in all forms

01:14:16Source

Rep. Elijah Rumbaoa San Fernando

asr-000533

must be secured by ASC prior to implementation.

01:14:19Source

Rep. Elijah Rumbaoa San Fernando

asr-000534

Tama po ba ito?

01:14:20Source

Rep. Elijah Rumbaoa San Fernando

asr-000535

Are you aware of this?

01:14:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000536

Tama po, Your Honor.

01:14:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000537

Ang totoo po,

01:14:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000538

kung makikita nyo yung mga current advertisements,

01:14:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000539

ngayon ng mga online gaming operators,

01:14:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000540

gayon din po ang mga land-based operations.

01:14:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000541

Meron na po nakalagay sa ilalim,

01:14:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000542

ASC, Adstandard Council,

01:14:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000543

may numero po,

01:14:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000544

yun po ang pagpapatunay na dumaan ito sa kanila

01:14:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000545

para masuri kung tama po ba yung content

01:14:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000546

ng billboard or anumang pong uri

01:14:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000547

ng advertisement ang pinatutupad nila.

01:14:54Source

Rep. Elijah Rumbaoa San Fernando

asr-000548

Thank you, Chair Al.

01:14:55Source

Rep. Elijah Rumbaoa San Fernando

asr-000549

Thank you, Madam Chair.

01:14:56Source

Rep. Elijah Rumbaoa San Fernando

asr-000550

Bago po.

01:14:56Source

Rep. Elijah Rumbaoa San Fernando

asr-000551

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?

01:15:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000552

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.

01:15:23Source

Rep. Elijah Rumbaoa San Fernando

asr-000553

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.

01:15:42Source

Rep. Elijah Rumbaoa San Fernando

asr-000554

Tama po kayo, Your Honor. Ngayon po, Madam Chair, ang malaking problema po natin, nagkalat po yung mga content creator.

01:15:55Source

Rep. Elijah Rumbaoa San Fernando

asr-000555

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.

01:16:08Source

Rep. Elijah Rumbaoa San Fernando

asr-000556

Halimbawa, pinakasikat po, Ivana Alawi, mamimigay ng isang daang iPhone 17 pero hindi pala kusang ibibigay yun.

01:16:19Source

Rep. Elijah Rumbaoa San Fernando

asr-000557

Dapat, ikaw muna ay mag-subscribe o mag-like doon sa isang online gaming.

01:16:26Source

Rep. Elijah Rumbaoa San Fernando

asr-000558

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.

01:16:39Source

Rep. Elijah Rumbaoa San Fernando

asr-000559

Hindi rin po nakalagay. Halimbawa, ito pong isang to, isang sikat to, si Osas. Galawang Osas bata. Millions of followers po to.

01:16:48Source

Rep. Elijah Rumbaoa San Fernando

asr-000560

Wala po kahit saan dyan na nakasulat na gambling can be addictive. Know when to stop.

01:16:55Source

Rep. Elijah Rumbaoa San Fernando

asr-000561

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?

01:17:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000562

Madam Chairperson, I will, with your permission, I would like to answer.

01:17:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000563

Congressman San Fernando, una po, totoo po yun.

01:17:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000564

Meron pong sumusunod.

01:17:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000565

Meron pong hindi sumusunod.

01:17:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000566

Ang akin pong gustong talakayin sa umagang ito ay yung pinunan ninyo na lumabas na ang isang online endorser tulad ni Ivana.

01:17:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000567

Okay.

01:17:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000568

Sa harap ninyo at sasagutin ko pong hindi po sila himingi ng permiso.

01:17:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000569

Ano po ang ginawa ng PAGCOR?

01:17:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000575

We fined the online gaming company 1 million pesos and together with that, gave them a stern warning na hindi na dapat maulit ito.

01:18:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000576

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.

01:18:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000577

So yan po, naipatupad namin.

01:18:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000578

Nagbayad po sila ng isang milyong piso at minanduhan din po namin sila, Your Honor, na ihintuna yung nasabing promosyo na yon.

01:18:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000579

Pangalawa, meron po kayong pinakita rin na posas rosas.

01:18:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000580

Your Honor, marami po dyan ay hindi.

01:18:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000581

May mga licensee ng PAGCOR.

01:18:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000582

Hanggang sa mga oras na ito, may halos tumatabla lang po.

01:19:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000583

50% ng nag-ooperate ay may lisensya ng PAGCOR.

01:19:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000584

50% po naman ay illegal.

01:19:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000585

Kaya ang akin po, kung wala pong tinutukoy dyan, hindi po kamukano kay Ivana kanina, Your Honor, na inyong tinukoy.

01:19:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000586

Nag-identify siya ng online gaming operator.

01:19:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000587

Legal po yun.

01:19:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000588

Meron po kaming karapatang mag-issue ng isang warning at magpabayad ng fine.

01:19:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000589

Pero gusto ko pong liwanagin sa membro ng committee ito,

01:19:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000590

kayo din naman sa ating buting chairperson,

01:19:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000591

na,

01:19:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000592

Nung ako po yung nag-assume ng chairmanship ng PAGCOR,

01:20:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000593

ay halos nasa 8 to 10% pa lang po ang legal noon.

01:20:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000594

Pero with our reforms, with the structure that we have set up,

01:20:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000595

medyo nakaangat na po at sa ngayon ang aming pong paniwala ay nasa halos tabla na po 50-50.

01:20:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000596

Pero hindi pa po, Congressman San Fernando, mahinto yung illegal online gaming operators.

01:20:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000597

At ang masama po rito, wala po sa Pilipinas sila.

01:20:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000598

Sila po ay nasa abroad na gumagamit ng mga influencers ng mga kaibigan.

01:20:50Source

Rep. Elijah Rumbaoa San Fernando

asr-000599

Kapabayan natin.

01:20:50Source

Rep. Elijah Rumbaoa San Fernando

asr-000600

Thank you, Chair Al. Doon sa paglilinaw na yun.

01:20:53Source

Rep. Elijah Rumbaoa San Fernando

asr-000601

Ngayon, malinaw na po na illegal itong karamihan ng mga online sugal.

01:21:00Source

Rep. Elijah Rumbaoa San Fernando

asr-000602

Ano po yung mga pamamaraan para mapanagot natin itong mga content creator

01:21:05Source

Rep. Elijah Rumbaoa San Fernando

asr-000603

na walang habas na makapag-promote ng online sugal?

01:21:09Source

Rep. Elijah Rumbaoa San Fernando

asr-000604

Kasi, Madam Chair, pinag-uusapan natin itong mga content creator na ito.

01:21:13Source

Rep. Elijah Rumbaoa San Fernando

asr-000605

By the millions ang kanilang follower.

01:21:16Source

Rep. Elijah Rumbaoa San Fernando

asr-000606

At ina-identify nila, Chair Al, ito pong mga...

01:21:20Source

Rep. Elijah Rumbaoa San Fernando

asr-000607

online gaming site.

01:21:21Source

Rep. Elijah Rumbaoa San Fernando

asr-000608

Say, for example, 1365, tapos PeriaPlay.

01:21:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000609

So, ito, paano po kaya natin mapapanagot itong mga content creator na ito?

01:21:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000610

Tulad po yung binanggit nyo na yun, hindi po license yun ng PAGCOR.

01:21:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000611

Okay.

01:21:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000612

Your Honor, Madam Chairperson, with your permission, I would like to answer this.

01:21:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000613

Congressman San Fernando, Your Honor, gusto ko pong ibigay alam sa inyo,

01:21:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000614

sa pakikipag-ugnayan po ng PAGCOR,

01:21:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000615

sa DICT, sa NTC, at sa CICC.

01:21:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000616

Marami na po kaming, sa pamamagitan nila,

01:22:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000617

ng mga ahensyang nabanggit ko,

01:22:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000618

idinimanda sa Korte.

01:22:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000619

Sapagkat maliwanag po na pinatawag po at kinausap po ng CICC

01:22:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000620

ang mga endorsers na yun at winardigan sila.

01:22:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000621

Nahinagpala.

01:22:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000622

Hindi na po sila pwede mag-endorse ng mga illegal or non-PAGCOR licenses.

01:22:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000623

Kaya meron na po silang pangkaso, kung hindi ako nagkakamali,

01:22:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000624

himigit ko buo lang po sa mga labing limang endorsers at top endorsers

01:22:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000625

ang habla na po at ongoing na po yung mga kaso nila.

01:22:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000626

And in fairness,

01:22:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000627

meron pong,

01:22:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000628

magagaling at maraming follower na mga content creators or endorsers

01:22:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000629

ang voluntaryo na pong umatras

01:22:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000630

at hindi na po sila nag-i-endorso ng mga illegal na site.

01:23:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000631

Marami po sa kanila,

01:23:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000632

your honor,

01:23:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000633

lumipat na po sa mga legal operators.

01:23:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000634

So, kami po naman,

01:23:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000635

walang police power,

01:23:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000636

wala po kami magawa kung hindi mag-recommenda lamang

01:23:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000637

sa DICT,

01:23:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000638

sa NTC,

01:23:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000639

gayon din naman sa CICC

01:23:26Source

Rep. Elijah Rumbaoa San Fernando

asr-000640

ng mga inaakala naming dapat ay maparusahan.

01:23:31Source

Rep. Elijah Rumbaoa San Fernando

asr-000641

Salamat po, Chair Al, dun sa sinabi nyo.

01:23:34Source

Rep. Elijah Rumbaoa San Fernando

asr-000642

Kailangan po na mapanagot dahil equally liable

01:23:37Source

Rep. Elijah Rumbaoa San Fernando

asr-000643

itong mga content creator at influencer na to

01:23:40Source

Rep. Elijah Rumbaoa San Fernando

asr-000644

sa pagkalulong sa sugal

01:23:42Source

Rep. Elijah Rumbaoa San Fernando

asr-000645

ng mga manggagawa at ordinaryong Pilipino.

01:23:45Source

Rep. Elijah Rumbaoa San Fernando

asr-000646

Before I wind up, Madam Chair,

01:23:47Source

Rep. Elijah Rumbaoa San Fernando

asr-000647

gusto ko lang po maitanong,

01:23:48Source

Rep. Elijah Rumbaoa San Fernando

asr-000648

sa corporate operating business,

01:23:49Source

Rep. Elijah Rumbaoa San Fernando

asr-000649

Eto ang mga ating budget niyo,

01:23:50Source

Rep. Elijah Rumbaoa San Fernando

asr-000650

ilang porsyento po dito ang nakalaan para sa

01:23:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000651

dun sa mga

01:23:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000652

social harm na tinatawag?

01:23:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000653

Opo,

01:23:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000654

ngayon po,

01:24:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000655

sa taong 2026,

01:24:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000656

naging aktibo po ang PAGCOR

01:24:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000657

dito sa game,

01:24:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000658

mga responsible gaming projects po.

01:24:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000659

Ang nakalaan po namin na budget

01:24:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000660

at hindi po kinukuha sa amin mismo,

01:24:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000662

kung hindi sa tulong ng iba't-ibang foundations ng mga kasinos and licenses namin.

01:24:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000663

Meron pong budget na ginagamit una.

01:24:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000664

Gusto kong ibalita at noong isang taon ay hindi pa rin ito nagaganap.

01:24:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000665

Kailan lang ay may 24-7 hotline na po ang PAGCOR.

01:24:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000666

Kung saan, yan po ay makikita nyo na sa maraming billboards all over the country.

01:24:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000667

24-7 hotline kung saan ang mga nalululong po sa sugal ay meron na pong pwedeng tawagan at makonsulta.

01:25:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000668

May partner po ang PAGCOR dyan, ang Seagulls Flock Foundation.

01:25:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000669

Sila po ay may karanasan sa mga rehabilitation ng mga nalulululong.

01:25:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000670

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.

01:25:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000671

At gusto ko pong ipagbigay alam sa inyo, noong umpisa po ay siguro nahihiya pa yung mga gamers.

01:25:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000672

Pero sa ngayon po, nagtala na kami

01:25:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000673

nitong nakaraang dalawang buwan, nang humigit-kumulang sa isang daang katao,

01:25:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000674

ang amin ang natulungan sa pagbibigay ng advice,

01:25:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000675

meron na pong mga nai-refer sa rehabilitation centers para po nga sa Responsible Gaming Acts.

01:26:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000676

Doon po, your honor, sa mga billboards na nakikita natin,

01:26:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000677

marami na po kayong makikita ngayon na nandyan na po yung hotline.

01:26:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000678

Bukod talagang full billboard, hiningan po natin ng tulong yung ating licenses para po ma-disseminate yung information sa ating mga kababayan.

01:26:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000679

So, patuloy po ang mga programa namin, lalo't higit na, your honor, yung self-exclusion.

01:26:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000680

Ngayon pa lang po, sa panahon ng PAGCOR, na aktibo ngayon,

01:26:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000681

pwede nang ang isang nalululong sa sugal ay pwede nang sumulat sa amin,

01:26:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000682

kasama ang kanyang pamilya, pwede na rin i-request na pagbawalan ang isang kapamilya nila

01:26:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000683

o mismo yung tao na makapagsugal.

01:27:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000684

At gusto ko pong ipagbigay alam sa lahat,

01:27:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000685

15,000 na po ang naaprobahan ng mga,

01:27:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000686

ang PAGCOR in the last year for self-exclusion.

01:27:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000687

Ang ibig sabihin po nito, your honor, sila po, naka-alerto na po ang lahat ng land-based casinos natin

01:27:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000688

at ganyan din po naman yung ating online licenses.

01:27:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000689

Nang sa ganon, hindi po pwede nang makapasok at makapagsugal yung inaprobahan po ng PAGCOR

01:27:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000690

na nag-apply ng tinatawag na self or family exclusion.

01:27:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000691

Yan po, your honor, ay parte ng aming mga programang ginagawa para nga po matulungan natin yung ating mga kababayan na nalululong sa sugal.

01:28:01Source

Rep. Elijah Rumbaoa San Fernando

asr-000692

Thank you, Madam Chair.

01:28:03Source

Rep. Elijah Rumbaoa San Fernando

asr-000693

Ito pong mga tinanong ko dahil nabanggit niyo po kanina,

01:28:07Source

Rep. Elijah Rumbaoa San Fernando

asr-000694

ang market po kasi ay CDE.

01:28:09Source

Rep. Elijah Rumbaoa San Fernando

asr-000695

Ang pinaka-vulnerable po dito sa pagkalulong sa sugal, lalong-lalo na sa online sugal, ay ang mga manggagawa at ordinaryong Pilipino.

01:28:18Source

Rep. Elijah Rumbaoa San Fernando

asr-000696

Totoo po, nasasabihin ng marami na personal na choice kung ikaw ay magsusugal o hindi.

01:28:25Source

Rep. Elijah Rumbaoa San Fernando

asr-000697

Pero para sa isang gipit na manggagawa, makikita niya halimbawa si Ivana Alawi, si Vice Ganda, si Vic Soto na magpo-promote ng sugal,

01:28:35Source

Rep. Elijah Rumbaoa San Fernando

asr-000698

aakalain nila na pwede naman pala kaming magsugal para lang makatawid dito sa aming bahay.

01:28:43Source

Rep. Elijah Rumbaoa San Fernando

asr-000699

Kaya ko po ito pinapatungkulan, Madam Chair,

01:28:46Source

Rep. Elijah Rumbaoa San Fernando

asr-000700

dahil napakalaking issue po ang online sugal sa bansa natin.

01:28:51Source

Rep. Elijah Rumbaoa San Fernando

asr-000701

Marami po ang nalululong, marami pong mga manggagawa, ang nagsasangla.

01:28:57Source

Rep. Elijah Rumbaoa San Fernando

asr-000702

Dating may kotse, ngayon may motor. Dating may motor, hahatakin yung motor.

01:29:02Source

Rep. Elijah Rumbaoa San Fernando

asr-000703

So kailangan maging equally liable itong mga influencer, content creator,

01:29:07Source

Rep. Elijah Rumbaoa San Fernando

asr-000704

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.

01:29:18Source

Rep. Elijah Rumbaoa San Fernando

asr-000705

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,

01:29:31Source

Rep. Elijah Rumbaoa San Fernando

asr-000706

walang habas na nagpopromote ng online sugal. Yun lamang po Madam Chair, maraming salamat po.

01:29:37Source

Rep. Mikaela Angela B. Suansing

asr-000707

Thank you, Representative San Fernando.

01:29:48Source

Committee Secretary

asr-000708

Thank you, Madam Chair. May we acknowledge Deputy Minority Leader Jeremy Jet Nisay, Vice Chair Lolita Javier,

01:29:57Source

Committee Secretary

asr-000709

Javier, Deputy Majority Leader Hill Tabarangay Jr. Acosta, Representative Rolando Valeriano,

01:30:05Source

Committee Secretary

asr-000710

Vice Chair Jose "Bong" Jr. Teves, Deputy Minority Leader Jesus "Bong" Suntay, Vice Chair Bernadette

01:30:13Source

Committee Secretary

asr-000711

Barbers, Deputy Minority Leader Shielo Crissel-Lagman, Representative Mario Cocoy-Salvador, Representative

01:30:21Source

Committee Secretary

asr-000712

Liodi Odi-Tariela, Vice Chair Maria Cristina Talavera-Lopez, Representative Citi Amina

01:30:26Source

Committee Secretary

asr-000713

DiMaporo, Deputy Majority Leader Mica Gonzalez, Vice Chair Loreto Amante, Vice Chair Arne

01:30:34Source

Committee Secretary

asr-000714

Fern-DeBella, and Representative Mica Gonzalez, and also Representative Julius Cesar Vergara.

01:30:41Source

Rep. Mikaela Angela B. Suansing

asr-000715

Thank you, Your Honors.

01:30:43Source

Rep. Mikaela Angela B. Suansing

asr-000716

Thank you, ComSec.

01:30:45Source

Rep. Mikaela Angela B. Suansing

asr-000717

May I now move to our next interpellator from the majority?

01:30:49Source

Rep. Mikaela Angela B. Suansing

asr-000718

Representative?

01:30:50Source

Rep. Mikaela Angela B. Suansing

asr-000719

Representative Bong Teves Jr.

01:30:57Source

Rep. Jose "Bong" J. Teves Jr.

asr-000720

Thank you, Madam Chair.

01:31:00Source

Rep. Jose "Bong" J. Teves Jr.

asr-000721

Madam Chair, fellow colleagues, PAGCOR family, headed by Chairman Alejandro Tengco, pleasant

01:31:09Source

Rep. Jose "Bong" J. Teves Jr.

asr-000722

good morning.

01:31:14Source

Rep. Jose "Bong" J. Teves Jr.

asr-000723

Mr. Chair, ay Madam Chair, meron ba tayong breakdown ng income ng PAGCOR?

01:31:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000724

Your Honor, meron ka nandun po sa ating ulat.

01:31:30Source

Rep. Jose "Bong" J. Teves Jr.

asr-000725

Hindi ko siya mabasa rito eh.

01:31:31Source

Rep. Jose "Bong" J. Teves Jr.

asr-000726

But anyway, pakibigyan na lang ako.

01:31:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000727

And then, nasa page 4 po, upper portion, nandun po yung comparable results of operations for 2025,

01:31:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000728

which was actual, Your Honor, 2026 estimated po, sapagkat kalahati ang palamputay ng taon,

01:31:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000729

at saka yung projected po for 2027.

01:31:56Source

Rep. Jose "Bong" J. Teves Jr.

asr-000730

No, I need the breakdown ng income ng PAGCOR.

01:32:01Source

Rep. Jose "Bong" J. Teves Jr.

asr-000731

Parang example, STL, magkano ba na kukontribute ng STL sa atin?

01:32:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000732

Hindi po sa amin ng STL, Your Honor.

01:32:08Source

Rep. Jose "Bong" J. Teves Jr.

asr-000733

Ay, ay, ay, sorry, sorry.

01:32:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000734

Sa PCS, o po yun, Your Honor.

01:32:11Source

Rep. Jose "Bong" J. Teves Jr.

asr-000735

Yung sa online gaming, magkano ba na kukontribute natin?

01:32:17Source

Rep. Jose "Bong" J. Teves Jr.

asr-000736

Hindi.

01:32:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000737

Opo.

01:32:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000738

We will furnish you one.

01:32:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000739

But from the gaming operations po, in page 4, kung inyo pong makikita,

01:32:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000740

ang estimated po,

01:32:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000741

ay kulang 80 billion pesos.

01:32:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000742

Halos sa ngayon po, Your Honor, nakalalamang na ng konti yung online gaming.

01:32:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000743

So, halos sabihin na po natin, tabla siya sa around 50% po,

01:32:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000744

ay nagmumula sa land-based casinos, at 50% po, ay nagmumula sa online gaming.

01:32:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000745

So, kung titignan nyo po yung ulat,

01:33:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000746

halos 40 billion pesos po, ang inaasahang maging kita ng online gaming,

01:33:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000747

at pagkatapos po naman, 40 billion din po, ang maging kita ng land-based casino licenses po natin, Your Honor.

01:33:17Source

Rep. Jose "Bong" J. Teves Jr.

asr-000748

Okay.

01:33:19Source

Rep. Jose "Bong" J. Teves Jr.

asr-000749

Based sa report, 2024 is 111 billion tayo, diba?

01:33:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000750

Tama po, Your Honor.

01:33:27Source

Rep. Jose "Bong" J. Teves Jr.

asr-000751

And then, based sa report, 2025 is 165.

01:33:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000752

166 billion.

01:33:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000753

Yes, Your Honor.

01:33:32Source

Rep. Jose "Bong" J. Teves Jr.

asr-000754

Bumaba tayo.

01:33:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000755

Bumaba po ito dahil effective po noong 2025, pinagbawal na po yung POGO.

01:33:42Source

Rep. Jose "Bong" J. Teves Jr.

asr-000756

POGO, yes.

01:33:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000757

Opo.

01:33:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000758

Ayan po ay nawalam po tayo.

01:33:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000759

Projected for 2025, mga 10 billion piso po ang nawala po sa atin noon, Your Honor.

01:33:54Source

Rep. Jose "Bong" J. Teves Jr.

asr-000760

Ano ang paraan para bumalik natin ito?

01:33:57Source

Rep. Jose "Bong" J. Teves Jr.

asr-000761

Meron ba tayong mga naisip na pamamaraan na po?

01:33:59Source

Rep. Jose "Bong" J. Teves Jr.

asr-000765

Meron ba tayong mga naisip na pamamaraan ng PAGCOR para bumalik ang nawawala na pamalit ng POGO?

01:34:03Source

Rep. Jose "Bong" J. Teves Jr.

asr-000768

Pero legal?

01:34:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000771

Sa ngayon po, talagang nagkoconcentrate po ang PAGCOR, Your Honor sa...

01:34:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000772

...pagpapalakas ng online gaming.

01:34:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000773

Sapagkat, sa pangkasalukuyan,

01:34:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000774

nasa sa 50% lang po ang nakaka-capture na market natin,

01:34:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000775

...nasa sa 50% lang po ang naka-capture na market natin,

01:34:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000776

Ang tinutukoy ko po, limampung porsyento po ng industriya ng online gaming ay legal, limampung porsyento po ay iligal.

01:34:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000777

So, doon po, ang aming mga programa talaga ay papano mahikayat yung mga iligal na maging legal.

01:34:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000778

Sapagat sabi ko nga eh, because of the advances of technology, napakahirap na po talagang maalis itong online gaming.

01:34:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000779

Eh, ang aming po ang kinukonsentratan ngayon is papano mahikayat.

01:35:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000780

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.

01:35:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000781

So, una pong hakbang yan.

01:35:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000782

Pangalawa po, pinalalakas din po ng PAGCOR ngayon yung tinatawag na Special Class BPO.

01:35:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000783

Kung saan?

01:35:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000784

Ang ating pong bansa ay kilalang napakalakas sa industriya ng business processing outsourcing.

01:35:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000785

Eh, nakita po namin, Your Honor, marami pong backroom operations ng malalaking mga land-based operations at online gaming operations abroad.

01:35:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000786

Ang pwede pong dito na sa Pilipinas magkaroon ng backroom operations.

01:35:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000787

Gusto ko pong bigay na halimbawa ang isa sa pinakamalaking kasino sa buong mundo, MGM.

01:36:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000788

Nandito na po ang backroom operations nila, Your Honor, sa Pilipinas.

01:36:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000789

At dito na po ang kanilang HR, accounting, at saka yung mga graphics design ginagawa.

01:36:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000790

Meron pong humigit kumulang dalawang milyong, eh, dalawang libong empleyadong Pilipino na po.

01:36:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000791

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.

01:36:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000792

As a BPO worker, hindi po ito sumesweldo ng minimum wage.

01:36:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000793

Ang sweldo po nito ay nasa sa range ng P35,000 to P50,000.

01:36:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000794

At pangalawa, meron pong additional revenue ang PAGCOR sapagkat ibat-ibang uri po ng fees ang nakukulikta namin sa kanila.

01:37:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000795

So, inaasahan ko po na by 2026, meron pong humigit kumulang mga 2.5 hanggang 3 billion piso po

01:37:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000796

ang maaring umakyat na revenue.

01:37:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000797

So, yun po ang pang-neutralize natin dito sa nangyayaring paghina ng land-based operations at saka ng online gaming po, Your Honor.

01:37:43Source

Rep. Jose "Bong" J. Teves Jr.

asr-000798

Okay. Thank you, Mr. Chair.

01:37:48Source

Rep. Jose "Bong" J. Teves Jr.

asr-000799

Madam Chair, tulad ng sinabi ni Congressman Ili ng Manggagawa,

01:37:59Source

Rep. Jose "Bong" J. Teves Jr.

asr-000800

maraming kabataan ang nalululong sa online, hindi lang kabataan.

01:38:03Source

Rep. Jose "Bong" J. Teves Jr.

asr-000801

Ano ba ang mga proseso natin para mabawasan ito?

01:38:06Source

Rep. Jose "Bong" J. Teves Jr.

asr-000802

Or, ano ang dapat natin gawin?

01:38:10Source

Rep. Jose "Bong" J. Teves Jr.

asr-000803

Kasi meron akong nakikita rito,

01:38:12Source

Rep. Jose "Bong" J. Teves Jr.

asr-000804

isa sa mga income ng PAGCOR at isa sa mga initiative ng PAGCOR

01:38:18Source

Rep. Jose "Bong" J. Teves Jr.

asr-000805

na ginagawa ninyo ay magpagawa ng mga school building.

01:38:26Source

Rep. Jose "Bong" J. Teves Jr.

asr-000806

Nakalagay dito, nationwide school building program.

01:38:30Source

Rep. Jose "Bong" J. Teves Jr.

asr-000807

Okay?

01:38:30Source

Rep. Jose "Bong" J. Teves Jr.

asr-000808

Okay.

01:38:32Source

Rep. Jose "Bong" J. Teves Jr.

asr-000809

Nakikita yung inyong mga tarpulin na gawa ng PAGCOR

01:38:37Source

Rep. Jose "Bong" J. Teves Jr.

asr-000810

ng mga estudyante, kabataan, elementary and high school.

01:38:42Source

Rep. Jose "Bong" J. Teves Jr.

asr-000811

Sasabi nila, ay, galing sa PAGCOR yung school building namin, magtataya kami sa online.

01:38:48Source

Rep. Jose "Bong" J. Teves Jr.

asr-000812

Yes. Kasi iba yung produkto ng pag-iisip ngayon.

01:38:50Source

Rep. Jose "Bong" J. Teves Jr.

asr-000813

Di ba nakikita natin ngayon?

01:38:52Source

Rep. Jose "Bong" J. Teves Jr.

asr-000814

Nakita lang natin sa mga TV, kung saan-saan,

01:38:57Source

Rep. Jose "Bong" J. Teves Jr.

asr-000815

na yung social media natin, napakabilis.

01:39:01Source

Rep. Jose "Bong" J. Teves Jr.

asr-000816

Nagdala-dala ng mga baril yung kabataan.

01:39:02Source

Rep. Jose "Bong" J. Teves Jr.

asr-000817

Namamaril na namamaral.

01:39:04Source

Rep. Jose "Bong" J. Teves Jr.

asr-000818

Namamaril.

01:39:04Source

Rep. Jose "Bong" J. Teves Jr.

asr-000819

Ganun din ang nakikita ko rito.

01:39:06Source

Rep. Jose "Bong" J. Teves Jr.

asr-000820

Bakit hindi natin palitan ito ng mga programa na mga katulong pa?

01:39:11Source

Rep. Jose "Bong" J. Teves Jr.

asr-000821

May suggestion na, Madam Chair,

01:39:15Source

Rep. Jose "Bong" J. Teves Jr.

asr-000822

bakit instead of school building program ang ilagawa natin,

01:39:20Source

Rep. Jose "Bong" J. Teves Jr.

asr-000823

bakit hindi natin sundin yung gusto nang mangyari ng ating Pangulo

01:39:24Source

Rep. Jose "Bong" J. Teves Jr.

asr-000824

during SONA, na sinabi niya magpapagawa siya ng maraming evacuation center

01:39:30Source

Rep. Jose "Bong" J. Teves Jr.

asr-000825

na mas efektibo.

01:39:32Source

Rep. Jose "Bong" J. Teves Jr.

asr-000827

Kaysa makikita ng mga kabataan na yung pala school building gawa ng PAGCOR

01:39:37Source

Rep. Jose "Bong" J. Teves Jr.

asr-000828

galing sa sugal ng online, tataya kami.

01:39:40Source

Rep. Jose "Bong" J. Teves Jr.

asr-000829

Siguro, pag-alala natin ito.

01:39:42Source

Rep. Jose "Bong" J. Teves Jr.

asr-000830

Baka sakaling mas magandang evacuation center na lang ang ipagawa natin

01:39:47Source

Rep. Jose "Bong" J. Teves Jr.

asr-000831

sa mga typhoon prone area na talaga namang kailangan ngayon

01:39:51Source

Rep. Jose "Bong" J. Teves Jr.

asr-000832

at binanggit ito ng ating Pangulo during SONA.

01:39:55Source

Rep. Jose "Bong" J. Teves Jr.

asr-000833

At pangalawa, wala po akong nakikita rito na pundo

01:40:01Source

Rep. Jose "Bong" J. Teves Jr.

asr-000834

para sa information.

01:40:02Source

Rep. Jose "Bong" J. Teves Jr.

asr-000835

Dissemination program sa mga schools, elementary and high schools

01:40:07Source

Rep. Jose "Bong" J. Teves Jr.

asr-000836

para ang pagsusugal ay hindi tama, lalong-lalong na sa kabataan

01:40:13Source

Rep. Jose "Bong" J. Teves Jr.

asr-000837

para ma-prevent natin sila.

01:40:14Source

Rep. Jose "Bong" J. Teves Jr.

asr-000838

Prevention ang kailangan natin.

01:40:16Source

Rep. Jose "Bong" J. Teves Jr.

asr-000839

Kasi hindi lang namang po matatanda o may edad

01:40:21Source

Rep. Jose "Bong" J. Teves Jr.

asr-000840

ang mga nagsusugal, kundi kabataan.

01:40:23Source

Rep. Jose "Bong" J. Teves Jr.

asr-000841

Maraming kabataan na nagsusugal ngayon.

01:40:26Source

Rep. Jose "Bong" J. Teves Jr.

asr-000842

Kinakikita nyo sa iba-iba, lalo sa Metro Manila.

01:40:29Source

Rep. Jose "Bong" J. Teves Jr.

asr-000843

Bakit?

01:40:30Source

Rep. Jose "Bong" J. Teves Jr.

asr-000844

Kasi nakikita ko po rito,

01:40:32Source

Rep. Jose "Bong" J. Teves Jr.

asr-000845

itong information dissemination.

01:40:33Source

Rep. Jose "Bong" J. Teves Jr.

asr-000846

Napakaganda po ng programa natin.

01:40:36Source

Rep. Jose "Bong" J. Teves Jr.

asr-000847

Meron, namimigay tayo ng transport vehicle sa mga pasyente,

01:40:42Source

Rep. Jose "Bong" J. Teves Jr.

asr-000848

mga food packs during a calamity.

01:40:45Source

Rep. Jose "Bong" J. Teves Jr.

asr-000849

Bakit instead of school building,

01:40:47Source

Rep. Jose "Bong" J. Teves Jr.

asr-000850

ang gawin na lang natin ay evacuation center na lang.

01:40:51Source

Rep. Jose "Bong" J. Teves Jr.

asr-000851

At idagdag natin ang information dissemination campaign

01:40:55Source

Rep. Jose "Bong" J. Teves Jr.

asr-000852

sa mga eskwilahan, magdagdag tayo ng pundo.

01:40:58Source

Rep. Jose "Bong" J. Teves Jr.

asr-000853

It's my suggestion, Mr. Chair.

01:41:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000854

Your Honor, we will take note of your suggestions.

01:41:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000855

Yes, we do not have, but maybe,

01:41:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000856

gusto ko lang pong banggitin dito.

01:41:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000857

Isa po talaga sa programa ng PAGCOR,

01:41:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000858

yung pagpapatuloy na magpagawa ng mga evacuation centers.

01:41:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000859

Pero it has been overcome by the memorandum of agreement

01:41:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000860

that we have signed with the Department of Education.

01:41:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000861

Dahil, tunay po nana,

01:41:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000862

Napakalaki din ang backlog ng mga classrooms natin, Your Honor.

01:41:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000863

Kaya minarapat na rin po ng Administrasyon pangasulukuyan na talagang ito o not,

01:41:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000864

bigyan na ng pansin yung pagpapagawa ng mga eskwelahan.

01:41:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000865

Pero we will consider your suggestions and, Your Honor, we will see how we can balance your suggestion with our current programs.

01:41:58Source

Rep. Jose "Bong" J. Teves Jr.

asr-000866

Thank you, Madam Chair. Lastly, what is the status of PAGCOR Casino Privatization Initiatives?

01:42:05Source

Rep. Jose "Bong" J. Teves Jr.

asr-000867

Paano natin itong magiging efektibo sa ating revenue at sa pagkakawala ng maraming trabano?

01:42:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000868

Salamat po sa katanungan niyo, Congressman Odi.

01:42:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000869

Sa pangasulukuyan po ay iniintay na lang po ng PAGCOR ang desisyon ng GCG.

01:42:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000870

Or yung Governance Commission for GOCCs na isumiti na po namin ang aming mga datos na hiningi nila.

01:42:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000871

At sila po bilang nasa sa ilalim kami ang siyang magre-rekomenda sa tanggapan ng Pangulo

01:42:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000872

yung pagpapatuloy po ng tinatawag na privatization or decoupling.

01:42:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000873

Ang balita ko po ay baka po hindi marating ang last quarter.

01:42:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000874

Magkaroon na po ng desisyon tungkol dito.

01:43:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000875

Tunay po kasing napakabigat na rin ang kargan ng Casino Filipino, Your Honor.

01:43:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000876

Dahil sa panahon pong ako ay nanunungkulan sa PAGCOR,

01:43:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000877

napanglaki na po ng lugi ng Casino Filipino branches po namin.

01:43:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000878

Kaya wala na po talagang dapat gawin kung hindi.

01:43:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000879

I-unload na po ito sa pribadong sektor.

01:43:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000880

So, we are just waiting for the recommendation of GCG to the Office of the President.

01:43:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000881

And as I said, we were told it will be coming out very soon.

01:43:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000882

Tungkol naman po sa maapekto ang mga empleyado,

01:43:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000883

ako po ay imikot na halos sa lahat ng ating mga Casino Filipino sites sa buong Pilipinas.

01:43:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000884

At pinaliwanag ko po sa lahat ng empleyado maapekto ham.

01:43:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000885

Na una, yung kanila pong retirement ay babayaran.

01:44:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000886

Pangalawa, bukod po sa regular retirement, magkakaroon po ng tinatawag na special incentive package.

01:44:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000887

Kung saan, because of the involuntary nature of the retirement,

01:44:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000888

magkakaroon po ng karagdagang retirement package aside from retirement.

01:44:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000889

Di normal retirement package ang isang maapekto hang empleyado ng PAGCOR.

01:44:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000890

Dito sa nasabing decoupling privatization na ito.

01:44:36Source

Rep. Jose "Bong" J. Teves Jr.

asr-000891

Thank you, Mr. Chairman. Madam Chair, thank you very much.

01:44:41Source

Rep. Jose "Bong" J. Teves Jr.

asr-000892

At ang TJP Partylist, pakunguna po ni Vice Chairman ng Appropriation at ng Deputy Majority of Bung Tebes

01:44:50Source

Rep. Jose "Bong" J. Teves Jr.

asr-000893

ay palaging sumusuporta sa PAGCOR.

01:44:53Source

Rep. Jose "Bong" J. Teves Jr.

asr-000894

Thank you very much.

01:44:54Source

Rep. Jose "Bong" J. Teves Jr.

asr-000895

Panaming salam.

01:44:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000896

Panaming salamat din po, Your Honor.

01:45:02Source

Rep. Mikaela Angela B. Suansing

asr-000897

Thank you very much, Representative Bong Teves.

01:45:04Source

Rep. Mikaela Angela B. Suansing

asr-000898

We'll now move to our next interpellator from the minority, Representative Sarah Elago.

01:45:11Source

Rep. Sarah Jane I. Elago

asr-000899

Thank you, Madam Chair. Good morning.

01:45:14Source

Rep. Sarah Jane I. Elago

asr-000900

A few clarificatory questions on the nationwide school building program,

01:45:18Source

Rep. Sarah Jane I. Elago

asr-000901

notwithstanding, of course, the concerns raised by our fellow legislators.

01:45:24Source

Rep. Sarah Jane I. Elago

asr-000902

The initial funding stated here is 1.37 billion pesos.

01:45:28Source

Rep. Sarah Jane I. Elago

asr-000903

Is this for the year? O kasama na po yung for next year din?

01:45:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000904

Your Honor, baka po, anong page po ba yan?

01:45:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000905

Ganito po yan.

01:45:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000906

In our memorandum of agreement with the Department of Education

01:45:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000907

signed by myself and Secretary Sunny Angara,

01:45:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000908

we will be funding the construction of 125 buildings

01:46:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000909

and 3-story, 12-classroom school buildings,

01:46:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000910

the total amount of which,

01:46:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000911

including the equipment and furnitures like the chairs,

01:46:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000912

will be roughly about 7.5 billion pesos.

01:46:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000913

So that will be the equivalent of about 1,500 classrooms.

01:46:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000914

They are...

01:46:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000915

They will be equipped...

01:46:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000916

I mean, they will have furnitures already,

01:46:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000917

like the student chairs and tables.

01:46:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000918

They will have the 75-inch TVs in every classroom

01:46:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000919

and meron pong amplifier yung teacher and so on and so forth.

01:46:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000920

So that program, Your Honor, will be for the period 2026 up to the end of 2027.

01:47:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000921

We will be...

01:47:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000922

It will be the Department of Education that will be vetting and recommending

01:47:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000923

the school building that will be constructed

01:47:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000924

and it will be PAGCOR through the different LGUs that will be funding the construction.

01:47:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000925

So for this year, as the process has already started,

01:47:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000926

we have earmarked close to about 3.5 billion pesos

01:47:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000927

to pay for the construction of the school buildings.

01:47:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000928

For the 50% down payment that we will release

01:47:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000929

to the different local government units

01:47:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000930

and then there will be a series of progressive billing payments

01:47:43Source

Rep. Sarah Jane I. Elago

asr-000931

that we will make dependent on the completion of every school building.

01:47:54Source

Rep. Sarah Jane I. Elago

asr-000932

Yes, Madam Chair.

01:47:54Source

Rep. Sarah Jane I. Elago

asr-000933

We'll just request PAGCOR to submit to this committee a breakdown

01:47:59Source

Rep. Sarah Jane I. Elago

asr-000934

of the...

01:48:02Source

Rep. Sarah Jane I. Elago

asr-000935

utilization of these funds for the nationwide school building program.

01:48:07Source

Rep. Sarah Jane I. Elago

asr-000936

So malinaw po, no?

01:48:09Source

Rep. Sarah Jane I. Elago

asr-000937

DepEd ang mag-be-vet, mag-identify, magkitiyak kung saan po mapupunta

01:48:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000938

itong mga classrooms na dagdag na nais nating magawa.

01:48:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000939

Maliwanag po yun, Your Honor.

01:48:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000940

At kanina ngayon may mga nagtatunong,

01:48:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000941

pati po sa bidding, wala pong pakialam ang PAGCOR.

01:48:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000942

Ang PAGCOR po ay magpo-pondo lamang.

01:48:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000943

There are so many requirements between the Department of Education

01:48:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000944

and the local government unit concerned.

01:48:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000945

PAGCOR basically collates all of them.

01:48:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000946

And between myself and the LGU or the district concerned,

01:48:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000947

meron po memorandum of agreement.

01:48:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000948

And then we shall release the first funds

01:48:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000949

of the budget to the respective LGUs who will take charge of the bidding process.

01:49:09Source

Rep. Sarah Jane I. Elago

asr-000950

Okay, Chair.

01:49:09Source

Rep. Sarah Jane I. Elago

asr-000951

Your Honor.

01:49:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000952

Yes.

01:49:11Source

Rep. Sarah Jane I. Elago

asr-000953

Yung pondo po natin magagaling dito sa Fund for Social Civic Projects.

01:49:15Source

Rep. Sarah Jane I. Elago

asr-000954

Yes, Your Honor.

01:49:16Source

Rep. Sarah Jane I. Elago

asr-000955

Is this correct?

01:49:17Source

Rep. Sarah Jane I. Elago

asr-000956

Yes, Your Honor.

01:49:18Source

Rep. Sarah Jane I. Elago

asr-000957

Alright.

01:49:18Source

Rep. Sarah Jane I. Elago

asr-000958

Now let me go to the...

01:49:21Source

Rep. Sarah Jane I. Elago

asr-000959

I'd like to follow through on questions

01:49:24Source

Rep. Sarah Jane I. Elago

asr-000960

with regard to the regulation on gambling ads.

01:49:26Source

Rep. Sarah Jane I. Elago

asr-000961

Nabanggit niyo po kanina na meron,

01:49:28Source

Rep. Sarah Jane I. Elago

asr-000962

kayong mga napatawa ng fines.

01:49:32Source

Rep. Sarah Jane I. Elago

asr-000963

Nabanggit niyong halimbawa,

01:49:34Source

Rep. Sarah Jane I. Elago

asr-000964

one million pesos.

01:49:35Source

Rep. Sarah Jane I. Elago

asr-000965

Pero for the past months,

01:49:38Source

Rep. Sarah Jane I. Elago

asr-000966

nasinimulan niyo po itong mas mahigpit ninyo na regulation,

01:49:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000967

magkano na yung buong nakolekta?

01:49:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000968

At saan yung ginagamit ito?

01:49:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000969

Ang nakolekta na po namin since 2026,

01:49:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000970

meron na po sigurong mayigit isandang milyong piso.

01:49:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000971

Ito po, it forms part of the other income.

01:49:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000972

As stated in our statement.

01:50:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000973

At yan po ay nasasama po sa corporate income natin.

01:50:09Source

Rep. Sarah Jane I. Elago

asr-000974

Kung saan that is distributed as listed in our presentation, Your Honor.

01:50:15Source

Rep. Sarah Jane I. Elago

asr-000975

Nabanggit niyo rin kanina na meron na tayong mga nakasuhan.

01:50:21Source

Rep. Sarah Jane I. Elago

asr-000976

Pwede ba kaming humingi ng listahan ng mga nakasuhan niyo na

01:50:25Source

Rep. Sarah Jane I. Elago

asr-000977

at kung meron na bang nanagot,

01:50:27Source

Rep. Sarah Jane I. Elago

asr-000978

meron na bang nasuspindi,

01:50:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000979

meron na bang nakansela ang license dahil dito sa stricter rules ninyo?

01:50:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000980

Your Honor, binanggit ko po kanina,

01:50:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000981

yung nakasuhan ay hindi po nagmula sa PAGCOR.

01:50:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000982

Ang nagkaso po laban dito sa mga nababanggit kanina pang mga endorsers or influencers

01:50:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000983

ay nagmula po sa CICC.

01:50:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000984

Kami po ay naguulat sa kanila,

01:50:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000985

at sila po ang nagpa-file ng kaso laban sa mga influencers na ito.

01:51:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000986

Ang pagkakaalam ko po, halos simigit kumulang po yata yung labing dalawa or labing lima na yung na-file na nila ng kaso.

01:51:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000987

So, sa inyong kahilingan, Your Honor,

01:51:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000988

hihingi po kami ng listahan mula sa CICC

01:51:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000989

which we can forward to the Committee on Appropriations.

01:51:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000990

So, all the members are updated.

01:51:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000991

Dito po sa isinasagawang operasyon, laban po dito sa mga endorsers na ito.

01:51:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000992

Alright.

01:51:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000993

Meron bang mas pinalakas din na hakbang para habulin naman itong foreign gambling companies na illegal ho na nag-operate dito?

01:51:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000994

Kasi you mentioned only for the local endorsers, influencers, but what about those companies?

01:51:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000995

Tulad po ng nabanggit ko kanina, Your Honor, wala po kaming police powers.

01:51:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000996

So, we are dependent on DICT, CICC, and NTC.

01:52:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000997

Sila po, alam ko eh, nakipag-ugnayan na rin sa lahat ng social media platforms.

01:52:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000998

Sumulat na po sila sa mga pinuno nito para ipagbigay alam na hindi pinahintulutan dito sa ating bansa yung mga nasabing gawain na yon.

01:52:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-000999

Ang balita ko po eh, personal nang sumulat,

01:52:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001000

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.

01:52:44Source

Rep. Sarah Jane I. Elago

asr-001001

Okay, maraming salamat. We'll follow this through with the DICT and CICC.

01:52:48Source

Rep. Sarah Jane I. Elago

asr-001002

Yes, Your Honor.

01:52:49Source

Rep. Sarah Jane I. Elago

asr-001003

Now, Madam Chair, with regard to the 24-7 National Problem Gambling Helpline,

01:52:54Source

Rep. Sarah Jane I. Elago

asr-001004

nakakasimula lang at nararapat lang na meron talagang takbo.

01:52:57Source

Rep. Sarah Jane I. Elago

asr-001005

Yung mga kababayan natin na may gambling-related issues and concerns.

01:53:02Source

Rep. Sarah Jane I. Elago

asr-001006

Pero para sa taong ito at sa susunod na taon,

01:53:05Source

Rep. Sarah Jane I. Elago

asr-001007

nabanggit nyo kanina na meron kayong partner na non-profit.

01:53:09Source

Rep. Sarah Jane I. Elago

asr-001008

Pero sa bahagi naman ng pamahalaan,

01:53:12Source

Rep. Sarah Jane I. Elago

asr-001009

meron ba tayong proposed din na budget para matiyak na meron tayong regular at sustenido na pondo

01:53:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001010

para sa pagpapatakbo mismo at pagpapanatili ng helpline na ito?

01:53:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001011

Your Honor,

01:53:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001012

with regard to a budget coming from the national government,

01:53:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001013

I am not aware that there is one.

01:53:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001014

But I just want to state this to the committee,

01:53:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001015

that PAGCOR will definitely make sure that these initiatives continue to be practiced.

01:53:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001016

And I am committing here under my administration,

01:53:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001017

hindi po mahihinto ang programang ito.

01:53:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001018

Hindi naman po napakalaking.

01:53:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001019

Halaga, Your Honor.

01:53:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001020

Kaya makakaasa po kayo na baka hindi na natin kailangan pang ipaabot ito sa national agencies

01:54:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001021

sapagkat naniniwala po ako, Your Honor,

01:54:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001022

na kaya po na mapondohan ito ng PAGCOR katulong mismo yung mga legal licenses natin

01:54:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001023

sa pamamagitan po ng mga foundations.

01:54:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001024

Gusto ko pong ipagbigay alam,

01:54:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001025

bago rin pong initiative ng PAGCOR,

01:54:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001026

dati po kasi ang may foundation lamang ay yung mga integrated resources natin.

01:54:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001027

2% po ng gross gaming revenue nila ay inalalaan sa mga iba't ibang projects

01:54:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001028

na nakatutulong sa health at saka sa sports and education.

01:54:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001029

So ngayon po,

01:54:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001030

we have started, we did replicate that very successful program.

01:55:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001031

Kaya ngayon po, Your Honor,

01:55:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001032

1% po ng gross gaming revenue ng online gaming platforms

01:55:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001033

ay kailangan na rin isantabi nila para sa pagkakawang gawa

01:55:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001034

at para masuportahan lahat ng ating mga responsible gaming projects.

01:55:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001035

So,

01:55:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001036

laking bagay po nun para masustinahan lahat po nitong mga ginagawa natin

01:55:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001037

para nga ma-neutralize itong mga nagaganap na pagkalulong ng ilan sa ating mga kababayan

01:55:40Source

Rep. Sarah Jane I. Elago

asr-001038

dito sa online gambling.

01:55:42Source

Rep. Sarah Jane I. Elago

asr-001039

Yes, Madam Chair.

01:55:43Source

Rep. Sarah Jane I. Elago

asr-001040

Magkano ang nakalaan na pondo para rito?

01:55:46Source

Rep. Sarah Jane I. Elago

asr-001041

Katulad ng sinabi niyo, hindi lang helpline ang sakop.

01:55:49Source

Rep. Sarah Jane I. Elago

asr-001042

Meron din para sa support for counseling.

01:55:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001043

Opo.

01:55:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001044

You also mentioned prevention and awareness campaign.

01:55:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001045

So, how much is allowed?

01:55:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001046

It's allotted for this.

01:55:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001047

Your Honor, sa ngayon po eh,

01:55:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001048

humigit kumulang sa isandang medium piso po sa isang taon

01:56:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001049

ang nakabudget sa iba't ibang uri ng mga programa natin for responsible gaming.

01:56:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001050

At kung idadagdag nyo pa, Your Honor,

01:56:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001051

pwede tayong kumuha nga doon ng budget

01:56:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001052

na magmumula po sa foundations ng iba't ibang online gaming.

01:56:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001053

So, companies or operators.

01:56:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001054

So, kung susumahin nyo po, kung meron pong mahigit sandang billion gross gaming revenue

01:56:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001055

na nagmumula sa online gaming, 1% of that will be about A 134 30audsực

01:56:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001056

transformative

01:56:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001057

so, this amount can be used by the said operators to help in the responsible gaming projects.

01:56:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001058

So, this no so.

01:56:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001059

Yung iyon manou na sa dito rito.

01:56:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001060

zo'ng magl mount nga dito.

01:56:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001061

social, civic projects po.

01:56:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001062

Tulad po nung inulat din,

01:57:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001063

bibigyan ko kayo halimbawa,

01:57:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001064

yung 2% po na binagkit kong inabutan ko na

01:57:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001065

na nagmumula sa land-based operations,

01:57:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001066

nakapagpatayo po tayo ng isang

01:57:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001067

Children's Specialty Hospital sa Clark.

01:57:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001068

At yung pera po na yun ay nagmula

01:57:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001069

doon sa foundation ng integrated resort natin.

01:57:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001070

Ang naging kapartner po natin doon

01:57:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001071

ay ang Bloomberry Foundation

01:57:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001072

na mas kilala sa integrated resort

01:57:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001073

na ang pangalan ay Soler.

01:57:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001074

Sila po ay nag-contribute ng

01:57:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001075

may gitisang billion piso

01:57:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001076

para sa pagpapatayo ng ospital.

01:57:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001077

Partner naman po niya ang PAGCOR

01:57:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001078

sapagat ang PAGCOR naman po

01:57:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001079

ang nag-provide ng medical equipment para dito.

01:57:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001080

Kailan lang po ininaguruhan nito?

01:57:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001081

Kung hindi ako nagkakamali,

01:57:54Source

Rep. Sarah Jane I. Elago

asr-001082

huling linggo po ng Hulyo

01:57:57Source

Rep. Sarah Jane I. Elago

asr-001083

nitong 2026.

01:57:58Source

Rep. Sarah Jane I. Elago

asr-001084

Your Honor.

01:57:59Source

Rep. Sarah Jane I. Elago

asr-001085

Madam Chair,

01:58:00Source

Rep. Sarah Jane I. Elago

asr-001086

mahingi na lang po tayo muli ng breakdown

01:58:02Source

Rep. Sarah Jane I. Elago

asr-001087

nung pagkakagastusan natin ng 100 million pesos.

01:58:07Source

Rep. Sarah Jane I. Elago

asr-001088

Madam Chair, pang huling tanong po,

01:58:08Source

Rep. Sarah Jane I. Elago

asr-001089

kasama na ba dito halimbawa

01:58:10Source

Rep. Sarah Jane I. Elago

asr-001090

kung nangangailangan ng treatment

01:58:13Source

Rep. Sarah Jane I. Elago

asr-001091

sa gambling addiction?

01:58:15Source

Rep. Sarah Jane I. Elago

asr-001092

Meron bang dagdag na support?

01:58:17Source

Rep. Sarah Jane I. Elago

asr-001093

Lalo lalo na nabanggit nyo kanina

01:58:19Source

Rep. Sarah Jane I. Elago

asr-001094

na malaking percentage din

01:58:21Source

Rep. Sarah Jane I. Elago

asr-001095

ng mga gumagamit.

01:58:23Source

Rep. Sarah Jane I. Elago

asr-001096

Hindi lang nakarehistro pero yung active,

01:58:25Source

Rep. Sarah Jane I. Elago

asr-001097

na users ay nanggaling sa mga

01:58:27Source

Rep. Sarah Jane I. Elago

asr-001098

low income at minimum wage

01:58:30Source

Rep. Sarah Jane I. Elago

asr-001099

earners at workers natin.

01:58:31Source

Rep. Sarah Jane I. Elago

asr-001100

Meron bang ganong tulong

01:58:33Source

Rep. Sarah Jane I. Elago

asr-001101

para sa kanila? Dahil Madam Chair,

01:58:35Source

Rep. Sarah Jane I. Elago

asr-001102

na-recognize na rin po ng World Health Organization

01:58:38Source

Rep. Sarah Jane I. Elago

asr-001103

na isang public health hazard

01:58:41Source

Rep. Sarah Jane I. Elago

asr-001104

ang hindi lang po exposure

01:58:43Source

Rep. Sarah Jane I. Elago

asr-001105

pero yung active na

01:58:47Source

Rep. Sarah Jane I. Elago

asr-001106

gambling.

01:58:48Source

Rep. Sarah Jane I. Elago

asr-001107

Kaya ho,

01:58:49Source

Rep. Sarah Jane I. Elago

asr-001108

nangangailangan talaga, hindi lang sa PAGCOR.

01:58:52Source

Rep. Sarah Jane I. Elago

asr-001109

Sinabi nyo may

01:58:53Source

Rep. Sarah Jane I. Elago

asr-001110

sariling source, may income na pwede

01:58:55Source

Rep. Sarah Jane I. Elago

asr-001111

din gamitin pero naniniwala

01:58:57Source

Rep. Sarah Jane I. Elago

asr-001112

tayo na nangangailangan

01:58:59Source

Rep. Sarah Jane I. Elago

asr-001113

ito ng komprehensibo

01:59:01Source

Rep. Sarah Jane I. Elago

asr-001114

at multi-agency na

01:59:03Source

Rep. Sarah Jane I. Elago

asr-001115

approach para matiyak na

01:59:05Source

Rep. Sarah Jane I. Elago

asr-001116

natutugunan natin kung ano man yung

01:59:07Source

Rep. Sarah Jane I. Elago

asr-001117

mga issue na sumusulpot mula dito

01:59:09Source

Rep. Sarah Jane I. Elago

asr-001118

habang nandyan naman yung stricter

01:59:11Source

Rep. Sarah Jane I. Elago

asr-001119

natin na regulatory frameworks

01:59:13Source

Rep. Sarah Jane I. Elago

asr-001120

and systems pero at the same time

01:59:15Source

Rep. Sarah Jane I. Elago

asr-001121

kung paano rin natin nababawasan

01:59:18Source

Rep. Sarah Jane I. Elago

asr-001122

at napiprevent

01:59:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001123

yung maaari na

01:59:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001124

harm mula po sa gambling.

01:59:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001125

Your Honor,

01:59:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001126

tulad ng binanggit ko kanina

01:59:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001127

ang katulong po namin

01:59:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001128

sa pagpapatakbo

01:59:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001129

ng 24-7 hotline

01:59:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001130

ay ang Seagulls

01:59:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001131

Flock Foundation.

01:59:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001132

Ito po yung isang non-profit

01:59:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001133

organization na

01:59:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001134

may karanasan po, Your Honor,

01:59:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001135

hindi lang sa

01:59:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001136

pagtatraining ng

01:59:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001137

mga customer service agents

01:59:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001138

na sumasagot

01:59:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001139

sa 24-7 hotline

01:59:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001140

ng PAGCOR.

01:59:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001141

hotline ng PAGCOR, pero sila po meron di kanalasan sa rehabilitasyon

02:00:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001142

at meron po tayong ka-tie-up ng mga gambling rehabilitation centers all over the Philippines.

02:00:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001143

At sila po sa Seagulls Flock ang nagre-rekomenda sa PAGCOR kung saan ba nararapat ipadala

02:00:17Source

Rep. Sarah Jane I. Elago

asr-001144

yung may problemang naglalaro na sinasabi po natin, Your Honor.

02:00:23Source

Rep. Sarah Jane I. Elago

asr-001145

Okay, maraming salamat Madam Chair. At higin na rin po natin yung pinakahuling ulat

02:00:27Source

Rep. Sarah Jane I. Elago

asr-001146

pagdating dito sa pagsasagawa natin ng mas pinalakas na helpline para sa ating mga kababayan

02:00:33Source

Rep. Sarah Jane I. Elago

asr-001147

ang 24-7 National Problem Gambling Helpline. Maraming salamat Madam Chair.

02:00:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001148

Maraming salamat din po, Your Honor.

02:00:40Source

Rep. Mikaela Angela B. Suansing

asr-001149

Thank you very much, Representative Elago. We'll consolidate the whole list of the documentary requests

02:00:48Source

Rep. Mikaela Angela B. Suansing

asr-001150

to PAGCOR and then we'll follow up.

02:00:52Source

Rep. Mikaela Angela B. Suansing

asr-001151

We'll follow up with them later on. Thank you.

02:00:54Source

Rep. Mikaela Angela B. Suansing

asr-001152

We'll move to our next interpellator from the majority, Representative Salvador Pleyto.

02:01:02Source

Rep. Salvador A. Pleyto

asr-001153

Good morning, Madam. Thank you, Madam Chair.

02:01:03Source

Rep. Salvador A. Pleyto

asr-001154

Sa ating colleagues and our esteemed guests, Chairman Alteco, sa ating PAGCOR family,

02:01:17Source

Rep. Salvador A. Pleyto

asr-001155

magandang umaga po sa ating lahat.

02:01:20Source

Rep. Salvador A. Pleyto

asr-001156

Dalawang tanong lang po, Madam Chair.

02:01:25Source

Rep. Salvador A. Pleyto

asr-001157

I reported that the total revenues, I don't know kung tama yung akin o yung sinabi ni Chairman kanina,

02:01:33Source

Rep. Salvador A. Pleyto

asr-001158

Chairman Mika, ng first half of 2026,

02:01:34Source

Rep. Salvador A. Pleyto

asr-001159

nag-decline ng 26.64%,

02:01:39Source

Rep. Salvador A. Pleyto

asr-001160

while PAGCOR's net income ay bumaba o nag-fail ng 85.29%.

02:01:43Source

Rep. Salvador A. Pleyto

asr-001161

Tama po ba ito, Chairman Al?

02:01:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001162

Yes, Your Honor. Tama po yung binanggit nyo.

02:01:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001163

Tulad po ng aking pagpapaliwanag earlier,

02:01:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001164

kung ano po yung mga kadahilanan ng pagbaba na yun sa pangkasalukuyan.

02:01:59Source

Rep. Salvador A. Pleyto

asr-001165

Madam Chair, Chairman Al, in light of this significant decline,

02:02:07Source

Rep. Salvador A. Pleyto

asr-001166

ano po, what concrete measures will PAGCOR implement to reverse this trend

02:02:13Source

Rep. Salvador A. Pleyto

asr-001167

and increase gross gaming revenue to JGR, particularly sa electronic at online gaming sector?

02:02:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001168

Thank you, Madam Chair.

02:02:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001169

Your Honor.

02:02:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001170

Your Honor, tulad po nung naiulot ko kanina,

02:02:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001171

una, malakas po ang programa namin ngayon sa paghihikayat sa mga iligal na operator

02:02:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001172

na magpalisensya na.

02:02:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001173

Dahil ang paniwala ko po sa pangkasalukuyan sa industriya,

02:02:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001174

50% po ang may lisensya,

02:02:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001175

50% din po ang walang lisensya.

02:02:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001176

So, very positive naman, Your Honor, ang aming programa

02:03:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001177

sapagkat meron na po kaming mga natatanggap ng mga feelers

02:03:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001178

para mag-surrender na ang ilang malalaking iligal na magpalisensya na po sa pangkasalukuyan.

02:03:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001179

So, number one po yun.

02:03:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001180

Number two, tulad nung binanggit ko kanina sa katanungan ni Congressman Odi earlier,

02:03:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001181

aming pong minomonitor ng husto ang income na or GGR or operations ngayon

02:03:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001182

ng mga online gaming companies sa pamamagitan ng isang third-party auditor.

02:03:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001183

Doon po ay aming nakikita kung tunay pang nairimit nila or dinideklara nila yung tama nilang gross gaming revenue.

02:03:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001184

At gusto ko pong ibalita sa inyo,

02:03:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001185

malaki na rin po ang naging pagtaas ng mga gross gaming revenue ng online gaming operators

02:04:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001186

dahil naalaman nila at nakikita nilang nakatutok ang isang third-party auditor.

02:04:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001187

At panghuli po ay nag-ikayat kami na sana'y marami pang mag-apply dito sa special class BPO

02:04:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001188

kung saan po yung mga nasa ibang bansa na mga malalaking operator ay gamitin na ang Pilipinas

02:04:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001189

bilang kanilang mga backroom operations ay dito na gawin sa Maynila.

02:04:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001190

Very encouraging, Your Honor, Kong Ador, itong binabanggit ko sapagkat sa ngayon po eh,

02:04:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001191

nasa sa nung linunsad po namin yung programa, two-fold po,

02:04:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001192

bukod sa may karagdagang kita sa PAGCOR, may himigit kumulang po sa 7,500 empleyado na

02:05:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001193

ang nasabing sektor nito na hindi nagbabayad ng minimum wage,

02:05:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001194

kundi nagbabayad ng mga rates ng customer service agents ng mga BPO.

02:05:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001195

So this amounts to an average of...

02:05:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001196

35,000 to 45,000 pesos a month.

02:05:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001197

So yun po ang aming ginagawa sa pangkasulukuyan,

02:05:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001198

and we're also hoping, Your Honor, Kong Ador,

02:05:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001199

na dumating yung pagkakataon na matapos na rin yung crisis sa Middle East,

02:05:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001200

nang sa ganun eh, medyo pag nakaluwag-luwag naman sila eh,

02:05:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001201

ang tao eh, marami na rin ang magpe-patronize ng ating mga naroon.

02:05:46Source

Rep. Salvador A. Pleyto

asr-001202

Thank you, Chairman Al, for that response.

02:05:57Source

Rep. Salvador A. Pleyto

asr-001203

Specifically, what is PAGCOR's strategy in terms of improving its regulatory framework,

02:06:04Source

Rep. Salvador A. Pleyto

asr-001204

expanding the legitimate gaming market, strengthening its digital monitoring and collection system,

02:06:09Source

Rep. Salvador A. Pleyto

asr-001205

and addressing illegal and unlicensed operators,

02:06:15Source

Rep. Salvador A. Pleyto

asr-001206

and also attracting responsible investment into the Philippine gaming industry.

02:06:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001207

Okay.

02:06:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001208

Doon po sa katanungan ninyo, Your Honor, una,

02:06:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001209

sa structure po, wala pong sawa kaming nagre-review ng aming structures and guidelines regularly

02:06:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001210

para nang sa ganun ma-improve ito.

02:06:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001211

Yan po ay patutunayan ng updated structure ng online gaming rules ng PAGCOR.

02:06:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001212

Halos po buwan-buwan, meron po kaming mga adjustments na ginagawa

02:07:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001213

para ito po ay matama at maging ma-responsive sa pangkasulukuyang sitwasyon.

02:07:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001214

Number two, kami po ay patuloy na dumalabas at nagsasabi,

02:07:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001215

nag-a-attend sa mga konbensyon, ngayon din naman ang mga exhibits abroad,

02:07:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001216

at nagsasabing bukas ang Pilipinas sa paglilesensya ng land-based casinos,

02:07:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001217

ngayon din naman ng ating online gaming.

02:07:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001218

Hindi man dapat sabihin, pero pwede na rin ipagmalaki na dito po sa Asia,

02:07:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001219

ay next to Macau.

02:07:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001220

Halos we are competing.

02:07:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001221

Head to head na with Singapore.

02:07:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001222

And I believe, malaking bagay po itong darating na privatization,

02:08:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001223

sapagkat pagdakailam na po at ang nagpatakbo na po ng mga kasino

02:08:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001224

na sa pangkasulukuyan ay pinapatakbo ng PAGCOR,

02:08:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001225

naniniwala po ko it will be a game changer.

02:08:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001226

Sapagkat pag ang pribadong sektor na ang nagpapatakbo ng negosyo,

02:08:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001227

iba na po ito eh.

02:08:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001228

Eh sa pangkasulukuyan, your honor, we cannot compete head on with our licenses.

02:08:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001229

Yung kasino Filipino, your honor, wala man lang kaming kwarto na mga hotel na inalok.

02:08:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001230

Wala kaming mga restaurants, wala kaming mga mall, wala kaming mga prebileyong maipagkaloob.

02:08:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001231

Dahil wala namang yung mga properties natin.

02:08:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001232

Na ganitong facilities.

02:08:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001233

Pero pag ang kasino Filipino po at itong mga properties natin ay na-privatize na,

02:09:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001234

naniniwala po ako, yung bibili ng pribadong kumpanya,

02:09:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001235

eh magagawa na ng hakbang yan para lumakas ang kanilang kasino.

02:09:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001236

At pag lumakas ang kasino, sapagkat tayo ay mga umalik tala lang ng license fees,

02:09:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001237

tatas din rin automatic ang income ng PAGCOR.

02:09:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001238

Kaya yan po ang mga pangkasulukuyang mga ginagawa namin.

02:09:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001239

At hopefully nga, pagka ito pong decoupling privatization ay maganap na,

02:09:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001240

malaki po ang magiging epekto nito sa kita ng PAGCOR.

02:09:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001241

Dagdag pa ron, Congressman Pleyto,

02:09:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001242

eh masakit man sabihin, ang average po namin na pasweldo sa tao ay mahigit isang billion piso sa isang buwan.

02:09:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001243

Tapos ang average na binabayad namin sa upa ng mga kasino properties namin,

02:09:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001244

mahigit 250 million piso isang buwan.

02:09:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001245

Eh yun lang po, maalis natin sa corporate expense ng PAGCOR,

02:10:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001246

na parang naking bagay na po na ito para lang sa ganun,

02:10:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001247

maitulong yan ng PAGCOR sa nation building at sa ating kapwa mamamayang Pilipino.

02:10:18Source

Rep. Salvador A. Pleyto

asr-001248

Maraming salamat, Chairman Al.

02:10:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001249

Salamat po naman, Your Honor.

02:10:23Source

Rep. Salvador A. Pleyto

asr-001250

At Madam Chair, pwede ba yung remaining time ko,

02:10:25Source

Rep. Salvador A. Pleyto

asr-001251

bigay ko sa aking kaibigan, kay Congressman Dumugan,

02:10:29Source

Rep. Salvador A. Pleyto

asr-001252

kasi napakarami namang nangyaring mga nasirang infrastruktura doon sa Koldilyera,

02:10:37Source

Rep. Salvador A. Pleyto

asr-001253

lalo ng Baguio-Binguet, sa infrastructure, saka agriculture.

02:10:42Source

Rep. Salvador A. Pleyto

asr-001254

Ito po, Mr. Chair, Madam Chair, I would like to place on record,

02:10:48Source

Rep. Salvador A. Pleyto

asr-001255

that despite the significant decline in its gross gaming revenues and net income,

02:10:54Source

Rep. Salvador A. Pleyto

asr-001256

PAGCOR has continued to fulfill its social responsibility.

02:10:57Source

Rep. Salvador A. Pleyto

asr-001257

Gusto ko pa sa salamatan ng mga taga PAGCOR.

02:11:01Source

Rep. Salvador A. Pleyto

asr-001258

May sincere appreciation yung binanggit kanina ni Assistant President Balcos, si Eric,

02:11:08Source

Rep. Salvador A. Pleyto

asr-001259

tungkol po doon sa JBL, Children's Medical Center, in Clark, Pangpanga,

02:11:13Source

Rep. Salvador A. Pleyto

asr-001260

which was recently inaugurated by our beloved President Bongbong Marcos.

02:11:19Source

Rep. Salvador A. Pleyto

asr-001261

Ito po.

02:11:21Source

Rep. Salvador A. Pleyto

asr-001262

Ito po ay this very important investment for those children needing specialized medical care.

02:11:24Source

Rep. Salvador A. Pleyto

asr-001263

Napakaganda po ito.

02:11:26Source

Rep. Salvador A. Pleyto

asr-001264

Salamat kami mga taga Central Luzon, lalo na ang Bulacan, malapit doon,

02:11:30Source

Rep. Salvador A. Pleyto

asr-001265

at yung mga taga Central Luzon.

02:11:32Source

Rep. Salvador A. Pleyto

asr-001266

Saka lahat po tayo, kasi para sa mga batang mga isakit,

02:11:38Source

Rep. Salvador A. Pleyto

asr-001267

napakaganda hindi na tayo pupunta ng Manila, doon na lang tayo sa Clark.

02:11:44Source

Rep. Salvador A. Pleyto

asr-001268

We've also seen PAGCOR.

02:11:46Source

Rep. Salvador A. Pleyto

asr-001269

Ito ay totoo po naman po ito.

02:11:47Source

Rep. Salvador A. Pleyto

asr-001270

Yung mga pangangailangan sa Mindanao,

02:11:50Source

Rep. Salvador A. Pleyto

asr-001271

nung nangyari yung mga typhoons and earthquakes, recent earthquakes in Mindanao,

02:11:52Source

Rep. Salvador A. Pleyto

asr-001272

itong mga typhoons na nangyari dahil sa monsoon, south-west monsoon, itong habagat,

02:11:59Source

Rep. Salvador A. Pleyto

asr-001273

alam ko ang PAGCOR, they continue to affect many parts.

02:12:06Source

Rep. Salvador A. Pleyto

asr-001274

PAGCOR once again stands ready to provide assistance in our disaster-stricken communities.

02:12:11Source

Rep. Salvador A. Pleyto

asr-001275

At the time, Madam Chair, when government resources are stretched

02:12:16Source

Rep. Salvador A. Pleyto

asr-001276

by the increasing free...

02:12:19Source

Rep. Salvador A. Pleyto

asr-001277

frequency and severity of natural disasters, this commitment is truly commendable.

02:12:27Source

Rep. Salvador A. Pleyto

asr-001278

It demonstrates that PAGCOR's role goes beyond gaming and revenue generation.

02:12:31Source

Rep. Salvador A. Pleyto

asr-001279

It is also an institution that contributes to nation building, ang sabi mo kanina, and

02:12:36Source

Rep. Salvador A. Pleyto

asr-001280

provides meaningful support when our people need it most, especially those who have lost

02:12:41Source

Rep. Salvador A. Pleyto

asr-001281

their homes, livelihoods, and sense of security because of the calamities.

02:12:43Source

Rep. Salvador A. Pleyto

asr-001282

Thank you, Madam Chair.

02:12:44Source

Rep. Salvador A. Pleyto

asr-001283

Thank you, Chairman Al.

02:12:48Source

Rep. Mikaela Angela B. Suansing

asr-001284

Thank you, Representative Pleyto.

02:12:50Source

Rep. Mikaela Angela B. Suansing

asr-001285

Chair Al, would you like to respond?

02:12:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001286

Okay po.

02:12:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001287

Maraming salamat din po, Congressman Pleyto, sa inyong mga binanggit.

02:13:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001288

Makakaasa po kayo na patuloy pong kasama ninyo ang PAGCOR sa pakikipagtulungan sa ating mga kababayan.

02:13:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001289

Salamat po.

02:13:09Source

Rep. Mikaela Angela B. Suansing

asr-001290

Maraming salamat.

02:13:11Source

Rep. Salvador A. Pleyto

asr-001291

Thank you, Madam Chair.

02:13:12Source

Rep. Mikaela Angela B. Suansing

asr-001292

Thank you, Representative Pleyto.

02:13:14Source

Rep. Mikaela Angela B. Suansing

asr-001293

We'll now move to our next interpellator from the minority.

02:13:18Source

Rep. Mikaela Angela B. Suansing

asr-001294

Representative Iris Marie Montes.

02:13:20Source

Rep. Iris Marie Demesa Montes

asr-001295

Thank you, Madam Chair. Magandang umaga po sa ating lahat.

02:13:25Source

Rep. Iris Marie Demesa Montes

asr-001296

Mr. Chair, Madam Chair, RA 11223 or the Universal Health Care Act was enacted on February 20, 2019.

02:13:36Source

Rep. Iris Marie Demesa Montes

asr-001297

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.

02:13:53Source

Rep. Iris Marie Demesa Montes

asr-001298

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.

02:14:06Source

Rep. Iris Marie Demesa Montes

asr-001299

My first question is, was PAGCOR able to comply with this provision?

02:14:10Source

Rep. Iris Marie Demesa Montes

asr-001300

Kailan po kayo nag-umpisang mag-remit sa National Treasury for UHC?

02:14:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001301

Madam Chairperson, I'd like to answer.

02:14:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001302

Your Honor, from the implementation of the said Republic Act, PAGCOR has religiously remitted its shares to the national government.

02:14:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001303

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.

02:14:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001304

Yes.

02:14:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001305

Because the law states...

02:14:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001306

states that we remit

02:14:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001307

and then it is the

02:14:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001308

national government that will remit

02:14:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001309

50% of what

02:15:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001310

we attributed to

02:15:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001311

the PhilHealth.

02:15:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001312

In answer to your question,

02:15:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001313

Your Honor, yes,

02:15:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001314

PAGCOR has

02:15:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001315

remitted religiously

02:15:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001316

and as of

02:15:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001317

today, we are current

02:15:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001318

and wala po kaming

02:15:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001319

pagkukulang noong sa nasabing

02:15:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001320

remittance na iyo.

02:15:22Source

Rep. Iris Marie Demesa Montes

asr-001321

Maraming salamat po. So, religiously

02:15:24Source

Rep. Iris Marie Demesa Montes

asr-001322

meaning compliant with the

02:15:26Source

Rep. Iris Marie Demesa Montes

asr-001323

provision of the law one year after its

02:15:28Source

Rep. Iris Marie Demesa Montes

asr-001324

enactment. So, I suppose it's 2020

02:15:30Source

Rep. Iris Marie Demesa Montes

asr-001325

ano po. Based kasi po

02:15:33Source

Rep. Iris Marie Demesa Montes

asr-001326

dito sa inyong presentation

02:15:34Source

Rep. Iris Marie Demesa Montes

asr-001327

handout, tinignan nyo

02:15:36Source

Rep. Iris Marie Demesa Montes

asr-001328

lang po ang present lang

02:15:38Source

Rep. Iris Marie Demesa Montes

asr-001329

2023, 2024, 2025.

02:15:40Source

Rep. Iris Marie Demesa Montes

asr-001330

So, out of, from this, I

02:15:42Source

Rep. Iris Marie Demesa Montes

asr-001331

understand, yung 50%

02:15:44Source

Rep. Iris Marie Demesa Montes

asr-001332

government share for 2023 is

02:15:46Source

Rep. Iris Marie Demesa Montes

asr-001333

34.6 billion. So,

02:15:48Source

Rep. Iris Marie Demesa Montes

asr-001334

half of that,

02:15:50Source

Rep. Iris Marie Demesa Montes

asr-001335

17.3,

02:15:51Source

Rep. Iris Marie Demesa Montes

asr-001336

went to the National Treasury for

02:15:54Source

Rep. Iris Marie Demesa Montes

asr-001337

PhilHealth. In 2024,

02:15:55Source

Rep. Iris Marie Demesa Montes

asr-001338

46, so 23.1

02:15:58Source

Rep. Iris Marie Demesa Montes

asr-001339

and 2025,

02:16:00Source

Rep. Iris Marie Demesa Montes

asr-001340

45, so 22.5.

02:16:03Source

Rep. Iris Marie Demesa Montes

asr-001341

Na po.

02:16:06Source

Rep. Iris Marie Demesa Montes

asr-001342

Meron po ba kayong figure

02:16:07Source

Rep. Iris Marie Demesa Montes

asr-001343

as to your total remittance

02:16:10Source

Rep. Iris Marie Demesa Montes

asr-001344

to the National Treasury

02:16:11Source

Rep. Iris Marie Demesa Montes

asr-001345

since the time you said you

02:16:13Source

Rep. Iris Marie Demesa Montes

asr-001346

religiously

02:16:16Source

Rep. Iris Marie Demesa Montes

asr-001347

remitted to the National Treasury?

02:16:18Source

Rep. Iris Marie Demesa Montes

asr-001348

Meron po kayong

02:16:19Source

Rep. Iris Marie Demesa Montes

asr-001349

total break, total.

02:16:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001350

We, we, your honor,

02:16:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001351

we do not have it right now, but

02:16:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001352

we can submit to

02:16:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001353

the committee our

02:16:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001354

remittances. Actually,

02:16:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001355

now that I

02:16:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001356

remember, we, we have

02:16:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001357

remit, we remit

02:16:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001358

on a monthly basis

02:16:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001359

and kasi po

02:16:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001360

monthly po ang remittance namin

02:16:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001361

sa National Treasury, your honor eh.

02:16:49Source

Rep. Iris Marie Demesa Montes

asr-001362

So, that means

02:16:52Source

Rep. Iris Marie Demesa Montes

asr-001363

monthly din dapat

02:16:53Source

Rep. Iris Marie Demesa Montes

asr-001364

ay nai-remit.

02:16:55Source

Rep. Iris Marie Demesa Montes

asr-001365

Yes po. Supposedly, ang hinihingidag

02:16:58Source

Rep. Iris Marie Demesa Montes

asr-001366

po ng batas na provision, quarterly

02:16:59Source

Rep. Iris Marie Demesa Montes

asr-001367

remittance.

02:17:02Source

Rep. Iris Marie Demesa Montes

asr-001368

So, yun po yung tinatanong ko

02:17:03Source

Rep. Iris Marie Demesa Montes

asr-001369

na timely manner, meaning

02:17:05Source

Rep. Iris Marie Demesa Montes

asr-001370

quarterly remittance. But if you're

02:17:07Source

Rep. Iris Marie Demesa Montes

asr-001371

remitting monthly, then mas

02:17:09Source

Rep. Iris Marie Demesa Montes

asr-001372

maganda po. So, Madam Chair,

02:17:11Source

Rep. Iris Marie Demesa Montes

asr-001373

may I just request that

02:17:13Source

Rep. Iris Marie Demesa Montes

asr-001374

this representation be provided

02:17:16Source

Rep. Iris Marie Demesa Montes

asr-001375

with the listing

02:17:17Source

Rep. Iris Marie Demesa Montes

asr-001376

of all the remittances of

02:17:19Source

Rep. Iris Marie Demesa Montes

asr-001377

PAGCOR to the National Treasury

02:17:21Source

Rep. Iris Marie Demesa Montes

asr-001378

since the loss enactment up to present

02:17:23Source

Rep. Iris Marie Demesa Montes

asr-001379

to indicate also,

02:17:25Source

Rep. Iris Marie Demesa Montes

asr-001380

the total remittances.

02:17:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001381

We will do that, your honor,

02:17:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001382

and we will submit

02:17:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001383

the said request

02:17:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001384

to the committee so that

02:17:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001385

the committee chairperson

02:17:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001386

may forward

02:17:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001387

such report to you, ma'am.

02:17:41Source

Rep. Iris Marie Demesa Montes

asr-001388

Pakiusap ko po lang, Chair, sana po

02:17:43Source

Rep. Iris Marie Demesa Montes

asr-001389

medyo asap because

02:17:45Source

Rep. Iris Marie Demesa Montes

asr-001390

I am planning to use that

02:17:47Source

Rep. Iris Marie Demesa Montes

asr-001391

in the plenary deliberations

02:17:49Source

Rep. Iris Marie Demesa Montes

asr-001392

of the DBM

02:17:51Source

Rep. Iris Marie Demesa Montes

asr-001393

and the DOF.

02:17:53Source

Rep. Iris Marie Demesa Montes

asr-001394

Pwede po bang maipag-re-enable?

02:17:57Source

Rep. Iris Marie Demesa Montes

asr-001395

Maraming salamat po.

02:17:59Source

Rep. Mikaela Angela B. Suansing

asr-001396

That's very quick.

02:18:01Source

Rep. Iris Marie Demesa Montes

asr-001397

At kung kaya naman po, before that,

02:18:02Source

Rep. Mikaela Angela B. Suansing

asr-001398

we will do that. Basta maximum na po

02:18:04Source

Rep. Mikaela Angela B. Suansing

asr-001399

yung 48 oras.

02:18:06Source

Rep. Iris Marie Demesa Montes

asr-001400

Maraming maraming salamat po.

02:18:08Source

Rep. Mikaela Angela B. Suansing

asr-001401

Wala pong anuman, your honor.

02:18:10Source

Rep. Iris Marie Demesa Montes

asr-001402

Sige po, moving on po to my next concern.

02:18:13Source

Rep. Iris Marie Demesa Montes

asr-001403

Linawin ko lamang po, patuloy

02:18:15Source

Rep. Iris Marie Demesa Montes

asr-001404

pa rin po tayong effort natin

02:18:16Source

Rep. Iris Marie Demesa Montes

asr-001405

to privatize yung ating

02:18:18Source

Rep. Iris Marie Demesa Montes

asr-001406

mga PAGCOR.

02:18:21Source

Rep. Iris Marie Demesa Montes

asr-001407

I know it's a long-standing

02:18:22Source

Rep. Iris Marie Demesa Montes

asr-001408

plan of PAGCOR to

02:18:25Source

Rep. Iris Marie Demesa Montes

asr-001409

remain as

02:18:26Source

Rep. Iris Marie Demesa Montes

asr-001410

regulatory, no? Regulatory

02:18:28Source

Rep. Iris Marie Demesa Montes

asr-001411

na lang po yung role. So,

02:18:30Source

Rep. Iris Marie Demesa Montes

asr-001412

there were plans on selling

02:18:33Source

Rep. Iris Marie Demesa Montes

asr-001413

your, what do you call that?

02:18:34Source

Rep. Iris Marie Demesa Montes

asr-001414

The Casino Filipinos, no?

02:18:36Source

Rep. Iris Marie Demesa Montes

asr-001415

So, roughly po, mga

02:18:38Source

Rep. Iris Marie Demesa Montes

asr-001416

40 branches po ba yan? And it

02:18:40Source

Rep. Iris Marie Demesa Montes

asr-001417

will, that move is expected

02:18:42Source

Rep. Iris Marie Demesa Montes

asr-001418

to generate about 30 to

02:18:44Source

Rep. Iris Marie Demesa Montes

asr-001419

50 billion in proceeds

02:18:46Source

Rep. Iris Marie Demesa Montes

asr-001420

should it be privatized. Tama po ba?

02:18:48Source

Rep. Iris Marie Demesa Montes

asr-001421

Ano po ang exact figures natin?

02:18:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001422

Your honor,

02:18:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001423

sa definitely

02:18:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001424

as I mentioned earlier in

02:18:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001425

one of the answers to

02:18:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001426

the previous questions,

02:19:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001427

we are just

02:19:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001428

awaiting for the

02:19:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001429

recommendation of

02:19:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001430

the GCG or the

02:19:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001431

Governance Commission for

02:19:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001432

GOCCs to the Office

02:19:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001433

of the President. And as I had

02:19:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001434

mentioned earlier, we were told

02:19:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001435

it's going to happen soon.

02:19:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001436

So, we're

02:19:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001437

awaiting that.

02:19:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001438

Yes, if we get the

02:19:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001439

approval coming from the Office

02:19:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001440

of the President,

02:19:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001441

close to about

02:19:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001442

30, high 30s

02:19:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001443

of our Casino

02:19:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001444

Filipino properties in

02:19:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001445

number will be privatized.

02:19:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001446

And

02:19:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001447

we are looking at anywhere

02:19:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001448

between

02:19:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001449

20 to 30 billion.

02:19:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001450

With the

02:19:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001451

current situation,

02:19:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001452

bumaba po

02:19:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001453

ang revenue.

02:19:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001454

That means also

02:19:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001455

the valuation will go down.

02:19:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001456

So, nabanggit ko naman,

02:20:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001457

hindi lang po naman sa Pilipinas,

02:20:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001458

buong mundo po talagang

02:20:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001459

apektado nitong nangyayari mga

02:20:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001460

crisis na ito. So,

02:20:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001461

we can only commit

02:20:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001462

that we will be

02:20:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001463

letting go of these

02:20:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001464

properties at the best possible

02:20:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001465

price.

02:20:19Source

Rep. Iris Marie Demesa Montes

asr-001466

My concern, Madam Chair, is that

02:20:22Source

Rep. Iris Marie Demesa Montes

asr-001467

kapag nag-privatize, siyempre maa-apek.

02:20:25Source

Rep. Iris Marie Demesa Montes

asr-001468

yung ating

02:20:26Source

Rep. Iris Marie Demesa Montes

asr-001469

income stream for PhilHealth.

02:20:29Source

Rep. Iris Marie Demesa Montes

asr-001470

Kapag po ba ito na-privatize

02:20:30Source

Rep. Iris Marie Demesa Montes

asr-001471

natin, yung proceeds from

02:20:32Source

Rep. Iris Marie Demesa Montes

asr-001472

privatization, magkakaroon

02:20:34Source

Rep. Iris Marie Demesa Montes

asr-001473

pa rin ba doon sa

02:20:36Source

Rep. Iris Marie Demesa Montes

asr-001474

total na nabanggit nyo?

02:20:38Source

Rep. Iris Marie Demesa Montes

asr-001475

Will PhilHealth get a share out of that?

02:20:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001476

Well,

02:20:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001477

clearly, Ma'am,

02:20:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001478

Your Honor,

02:20:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001479

pagdating din po ng

02:20:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001480

period of adjustment,

02:20:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001481

hindi ko po nakikitang

02:20:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001482

bababa po yung share.

02:20:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001483

Sapagkat, kung mababawasan

02:20:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001484

na po yung gastos natin

02:20:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001485

ng PAGCOR sa empleyado

02:21:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001486

lamang at gayon din

02:21:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001487

sa mga upang binabayaran

02:21:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001488

nito at ang kalakit na

02:21:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001489

gastos tulad ng

02:21:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001490

pagbabayad ng mga utilities,

02:21:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001491

halimbawa na 24-7,

02:21:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001492

nakabukas ang aircon, nakabukas

02:21:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001493

ang ating

02:21:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001494

kuryente, ang ilaw.

02:21:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001495

So, sa nakikita po

02:21:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001496

at pag-aaral namin, pag ito

02:21:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001497

po ay talagang nawala na,

02:21:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001498

sa gastos ng PAGCOR,

02:21:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001499

mananatili pong

02:21:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001500

mataas ang kikitahin

02:21:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001501

ng PAGCOR. So, that being

02:21:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001502

the case, mandando po na

02:21:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001503

50% ng aming kitay

02:21:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001504

pupunta rin sa National Treasury

02:21:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001505

kagad, eh, naniniwala po

02:21:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001506

akong in the medium term,

02:21:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001507

baka hindi lang po pumantay

02:21:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001508

sa pangkasalukuyan, may higit

02:21:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001509

ang panya yung

02:21:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001510

nasabing tulong na

02:21:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001511

nairimit po

02:21:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001512

ng PAGCOR sa National Treasury.

02:21:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001513

Sa pangkasalukuyan.

02:21:57Source

Rep. Iris Marie Demesa Montes

asr-001514

But how about po yung proceeds sa privatization?

02:22:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001515

Ang proceeds po ng privatization

02:22:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001516

ay hindi po lahat

02:22:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001517

naman pupunta sa National Government

02:22:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001518

dahil meron pong malaking

02:22:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001519

gastos kami, which is the retirement,

02:22:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001520

the cost of retirement

02:22:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001521

of our employees.

02:22:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001522

So, that will be

02:22:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001523

running into billions

02:22:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001524

of pesos. So,

02:22:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001525

what will happen,

02:22:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001526

Your Honor, kung ano man po

02:22:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001527

yung matitira dun,

02:22:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001528

sa pinagbentahan,

02:22:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001529

yung po ay

02:22:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001530

kalahati po nun, i-remit muli

02:22:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001531

ng PAGCOR

02:22:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001532

sa National Treasury.

02:22:36Source

Rep. Iris Marie Demesa Montes

asr-001533

Meaning, PhilHealth

02:22:39Source

Rep. Iris Marie Demesa Montes

asr-001534

will still get the 50%.

02:22:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001535

Definitely.

02:22:41Source

Rep. Iris Marie Demesa Montes

asr-001536

Maraming maraming salamat po.

02:22:43Source

Rep. Iris Marie Demesa Montes

asr-001537

Moving on to my next question, Madam Chair,

02:22:45Source

Rep. Iris Marie Demesa Montes

asr-001538

nabanggit na po kanina,

02:22:47Source

Rep. Iris Marie Demesa Montes

asr-001539

I remember, I heard,

02:22:49Source

Rep. Iris Marie Demesa Montes

asr-001540

meron ka pong pronouncement before

02:22:52Source

Rep. Iris Marie Demesa Montes

asr-001541

na parang

02:22:55Source

Rep. Iris Marie Demesa Montes

asr-001542

PAGCOR launched,

02:22:58Source

Rep. Iris Marie Demesa Montes

asr-001543

the agency

02:22:59Source

Rep. Iris Marie Demesa Montes

asr-001544

launched a new

02:23:00Source

Rep. Iris Marie Demesa Montes

asr-001545

flagship project.

02:23:03Source

Rep. Iris Marie Demesa Montes

asr-001546

At kasama po dito yung

02:23:04Source

Rep. Iris Marie Demesa Montes

asr-001547

school buildings, yung e-learning

02:23:07Source

Rep. Iris Marie Demesa Montes

asr-001548

centers, community wellness centers,

02:23:09Source

Rep. Iris Marie Demesa Montes

asr-001549

and social civic centers,

02:23:11Source

Rep. Iris Marie Demesa Montes

asr-001550

parang evacuation centers.

02:23:13Source

Rep. Iris Marie Demesa Montes

asr-001551

Is that part of the JMC

02:23:15Source

Rep. Iris Marie Demesa Montes

asr-001552

01 series of 2024

02:23:17Source

Rep. Iris Marie Demesa Montes

asr-001553

memorandum po ninyo?

02:23:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001554

Opo. Nagkaroon na po

02:23:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001555

ng malaking

02:23:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001556

pagbabago sa kadahilan

02:23:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001557

ng Your Honor,

02:23:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001558

na kami po ay pinakiusapan

02:23:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001559

ng administrasyon

02:23:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001560

na tumulong sa

02:23:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001561

pagpapatayo ng mga classrooms.

02:23:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001562

So, we realigned

02:23:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001563

our budget

02:23:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001564

for

02:23:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001565

the said infrastructure

02:23:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001566

projects like

02:23:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001567

community wellness centers,

02:23:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001568

evacuation centers,

02:23:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001569

e-libraries,

02:23:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001570

yun po ngayon,

02:23:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001571

ay realign na namin para po

02:23:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001572

maipatupad na ito.

02:23:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001573

Itong 125

02:23:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001574

school building construction.

02:24:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001575

At dito po nakatoon

02:24:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001576

ang lahat ng resources ng

02:24:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001577

PAGCOR sa pangkasalukuyan.

02:24:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001578

Sa paniniwala pong

02:24:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001579

una, makatutulong tayo

02:24:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001580

sa backlog ng pagpagre-reduce

02:24:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001581

o pag-mimitigate

02:24:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001582

yung backlog natin ng classroom.

02:24:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001583

At more important, ito po ay

02:24:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001584

talagang sa kinabukasan

02:24:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001585

na rin ng ating mga kabataan.

02:24:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001586

Dahil

02:24:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001587

more classrooms would mean

02:24:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001588

better education

02:24:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001589

to our youth.

02:24:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001590

So, yun lang po.

02:24:32Source

Rep. Iris Marie Demesa Montes

asr-001591

So, after po na ma-realize natin

02:24:35Source

Rep. Iris Marie Demesa Montes

asr-001592

itong almost 8 billion na

02:24:37Source

Rep. Iris Marie Demesa Montes

asr-001593

school building at makakonstruct

02:24:39Source

Rep. Iris Marie Demesa Montes

asr-001594

ng

02:24:41Source

Rep. Iris Marie Demesa Montes

asr-001595

125 po ba

02:24:43Source

Rep. Iris Marie Demesa Montes

asr-001596

na sites and

02:24:45Source

Rep. Iris Marie Demesa Montes

asr-001597

1,500 classrooms,

02:24:47Source

Rep. Iris Marie Demesa Montes

asr-001598

pwede po ba natin uli

02:24:50Source

Rep. Iris Marie Demesa Montes

asr-001599

makonsider yung funding

02:24:51Source

Rep. Iris Marie Demesa Montes

asr-001600

for those projects

02:24:53Source

Rep. Iris Marie Demesa Montes

asr-001601

that you supposedly prioritize?

02:24:55Source

Rep. Iris Marie Demesa Montes

asr-001602

Under the joint memorandum

02:24:57Source

Rep. Iris Marie Demesa Montes

asr-001603

katulad po ng mga wellness centers

02:24:59Source

Rep. Iris Marie Demesa Montes

asr-001604

and evacuation centers.

02:25:02Source

Rep. Iris Marie Demesa Montes

asr-001605

Nasa pipeline pa po ba rin

02:25:04Source

Rep. Iris Marie Demesa Montes

asr-001606

yan ng PAGCOR?

02:25:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001607

Your Honor,

02:25:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001608

I believe it is very

02:25:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001609

possible.

02:25:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001610

Matapos lang po itong unang batch

02:25:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001611

unless pakikiusapan na naman tayong

02:25:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001612

dagdagan yung

02:25:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001613

125 school buildings.

02:25:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001614

Pero naniniwala po ako

02:25:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001615

na nag-uumpisa na po

02:25:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001616

yung proseso sa pangkasalukuyan.

02:25:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001617

Doon sa procurement

02:25:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001618

ng pagpapagawa nito

02:25:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001619

mga swelahang ito,

02:25:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001620

naniniwala po ako

02:25:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001621

na matatapos po ang karamihan ito

02:25:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001622

sa katapusan ng

02:25:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001623

2027.

02:25:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001624

So, baka po malaki ang

02:25:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001625

posibilidad sa kasagutan

02:25:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001626

sa inyong katanungan

02:25:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001627

na sa 2028

02:25:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001628

ay mag-rebalance kami.

02:25:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001629

I think that will be

02:25:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001630

a better term.

02:25:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001631

Tutal,

02:25:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001632

na-achieve na natin.

02:25:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001633

Yung pagpapatayo ng

02:26:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001634

1,500 classrooms,

02:26:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001635

eh, baka sa 2028,

02:26:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001636

nandun pa naman hopefully

02:26:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001637

ang inyong lingkod

02:26:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001638

bilang chairman and CEO,

02:26:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001639

ay makapag-rebalance

02:26:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001640

para nang sa ganon,

02:26:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001641

hindi na ganong karaming

02:26:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001642

classrooms ang itatayo,

02:26:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001643

ipagpatuloy na yung mga

02:26:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001644

dating prioridad tulad ng

02:26:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001645

evacuation center,

02:26:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001646

e-libraries,

02:26:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001647

tsaka wellness center.

02:26:26Source

Rep. Iris Marie Demesa Montes

asr-001648

Thank you, Chair Al.

02:26:28Source

Rep. Iris Marie Demesa Montes

asr-001649

That's exactly the point

02:26:29Source

Rep. Iris Marie Demesa Montes

asr-001650

I was trying to get to.

02:26:31Source

Rep. Iris Marie Demesa Montes

asr-001651

In the event na

02:26:33Source

Rep. Iris Marie Demesa Montes

asr-001652

podohan na natin,

02:26:34Source

Rep. Iris Marie Demesa Montes

asr-001653

maybe it would be

02:26:36Source

Rep. Iris Marie Demesa Montes

asr-001654

time naman to

02:26:39Source

Rep. Iris Marie Demesa Montes

asr-001655

do a balancing

02:26:42Source

Rep. Iris Marie Demesa Montes

asr-001656

decision naman

02:26:43Source

Rep. Iris Marie Demesa Montes

asr-001657

para hindi naman nalileft out

02:26:45Source

Rep. Iris Marie Demesa Montes

asr-001658

other equally important

02:26:47Source

Rep. Iris Marie Demesa Montes

asr-001659

projects that can be funded

02:26:49Source

Rep. Iris Marie Demesa Montes

asr-001660

out of PAGCOR income.

02:26:51Source

Rep. Iris Marie Demesa Montes

asr-001661

Yun lamang po, Madam Chair.

02:26:52Source

Rep. Iris Marie Demesa Montes

asr-001662

Maraming salamat, Chair Al.

02:26:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001663

Maraming salamat,

02:26:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001664

I love your honor sa pagkakataon.

02:26:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001665

Makapagpaliwanag ako sa pagsagot

02:27:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001666

sa inyong mga katanungan.

02:27:03Source

Rep. Iris Marie Demesa Montes

asr-001667

Thank you, Chair Al.

02:27:04Source

Rep. Mikaela Angela B. Suansing

asr-001668

Thank you, Representative Montes.

02:27:06Source

Rep. Mikaela Angela B. Suansing

asr-001669

We'll now move to our next

02:27:07Source

Rep. Mikaela Angela B. Suansing

asr-001670

interpellator from the majority,

02:27:09Source

Rep. Mikaela Angela B. Suansing

asr-001671

Representative Jan

02:27:11Source

Rep. Mikaela Angela B. Suansing

asr-001672

Atty. JP Padiernos.

02:27:12Source

Rep. Jan "Atty. JP" Padiernos

asr-001673

Thank you, Madam Chair.

02:27:12Source

Rep. Jan "Atty. JP" Padiernos

asr-001674

Good morning to our PAGCOR family

02:27:16Source

Rep. Jan "Atty. JP" Padiernos

asr-001675

headed by Chairman Alejandro Tengco,

02:27:19Source

Rep. Jan "Atty. JP" Padiernos

asr-001676

and also special mention

02:27:23Source

Rep. Jan "Atty. JP" Padiernos

asr-001677

to our former Congresswoman

02:27:25Source

Rep. Jan "Atty. JP" Padiernos

asr-001678

again,

02:27:26Source

Rep. Jan "Atty. JP" Padiernos

asr-001679

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.

02:27:40Source

Rep. Jan "Atty. JP" Padiernos

asr-001680

So, PAGCOR plans to privatize around 40 casino Filipino properties, potentially affecting approximately 10,000 regular and contractual employees.

02:27:52Source

Rep. Jan "Atty. JP" Padiernos

asr-001681

Since asset sale ang structure, hindi automatic na required ang private buyers na i-retain ang existing workforce.

02:28:01Source

Rep. Jan "Atty. JP" Padiernos

asr-001682

May proposed 50-70% employee absorption requirement, pero maaari itong makapektos sa valuation at bids dahil sa additional labor costs and liabilities.

02:28:13Source

Rep. Jan "Atty. JP" Padiernos

asr-001683

Ang katanungan ko po sa PAGCOR, Madam Chair, is sa privatization ng said 40 casino Filipino properties.

02:28:23Source

Rep. Jan "Atty. JP" Padiernos

asr-001684

Ilan po sa approximately 10,000 employees ang projected na ma-displace or ma-retrench?

02:28:30Source

Rep. Jan "Atty. JP" Padiernos

asr-001685

At kung ang proposed 50-70% employee absorption requirement ay mag-resulta sa lower bids, ano ang magiging priority ng PAGCOR?

02:28:41Source

Rep. Jan "Atty. JP" Padiernos

asr-001686

Maximizing privatization proceeds or protecting existing jobs?

02:28:46Source

Rep. Jan "Atty. JP" Padiernos

asr-001687

And ano po ang konkretong safeguards para sa mga employees na hindi ma-absorb?

02:28:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001688

Okay.

02:28:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001689

Salamat po sa inyong katanungan, Congressman Padiernos.

02:29:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001690

Una po ay gusto ko lang pong bigyan ng diin na hindi na po natin maaaring talikuran ang privatization.

02:29:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001691

Sa pangkasalukoyan po eh, sa taong ito lang po, ang casino Filipino ay prinoproject na malulugin ng mahigit 6 na bilis.

02:29:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001692

Sa 452 billion piso.

02:29:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001693

Magsimula po nang ako'y nanombrehan na maging chairman at CEO ng PAGCOR,

02:29:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001694

meron na pong 15 billion piso ang nalugi sa casino Filipino.

02:29:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001695

So, hindi ko po matatanggap na patuloy na lang na dumugo nang dumugo at malugi ang Casino Filipino

02:29:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001696

para lamang sa ilan libong mga tao compared to...

02:29:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001697

compared to or compared sa mga mamayong Pilipinong matutulungan ng PAGCOR

02:30:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001698

kung yung luging ito ay hindi malugi at maging mas malakas ang PAGCOR

02:30:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001699

at makatulong ito sa mas marami nating kababayan.

02:30:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001700

Ngayon, tungkol po sa measures, una, nabanggit ko na ito kanina,

02:30:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001701

meron pong regular retirement ang lahat ng empleyado na maapektuhan.

02:30:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001702

Dagdag dun sa sagot ko sa inyong katanungan kanina,

02:30:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001703

meron po sigurong hindi bababa sa 6,000 empleyado ang maapektuhan ito.

02:30:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001704

Itong tinatawag na decoupling privatization.

02:30:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001705

So una, bibigyan po natin ng regular retirement.

02:30:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001706

Package.

02:30:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001707

Pero higit doon, sapagkat nagiging involuntary ang kanilang retirement.

02:30:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001708

Hindi naman po nila kagustuhan eh.

02:30:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001709

Ito po ay naganap dahil sa pagkakataon.

02:31:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001710

Meron pong tinatawag, Your Honor, na special incentive package or SIP

02:31:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001711

kung saan, aside from the regular retirement, magkakaroon po sila ng karagdagan na namang

02:31:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001712

ah

02:31:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001713

matatanggap

02:31:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001714

na

02:31:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001715

bayad

02:31:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001716

sapagkat sila ay nagkaroon ng involuntary retirement.

02:31:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001717

Ngayon, doon po sa sinasabing pag-aabsorb nung mga kasinos na privado

02:31:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001718

kung sakaling may bibili,

02:31:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001719

yun po ay definitely ay makikiusap po tayo doon sa bibili

02:31:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001720

to absorb whoever they can absorb.

02:31:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001721

Dahil alam naman natin,

02:31:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001722

wala naman kasinong gusto magsara kahit isang minuto.

02:31:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001723

Kaya on the basis of continuity of business,

02:31:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001725

the most logical on new terms with the employees,

02:32:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001727

mag-absorb sila

02:32:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001728

ng mas marami, mas maigi para sa PAGCOR.

02:32:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001729

Aside from that,

02:32:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001730

we have already started to implement programs

02:32:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001731

at

02:32:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001732

if you do not mind,

02:32:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001733

Congressman Padiernos,

02:32:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001734

Your Honor,

02:32:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001735

I could ask our Vice President for Human Resources

02:32:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001736

to already

02:32:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001737

ah

02:32:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001738

state what programs

02:32:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001739

we're already doing para

02:32:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001740

ma-mitigate po yung mga anxiety

02:32:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001741

at yung mga nakikita natin magiging problema

02:32:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001742

dito sa ating mga empleyadong tatamaan ng

02:32:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001743

privatization or decoupling na ito.

02:32:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001744

Gusto ko pong

02:32:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001745

bigyan ng DIN

02:32:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001746

na primary po sa pag-court at sa inyong likod

02:32:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001747

ang mabigyan ng proteksyon

02:32:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001748

ang ating mga empleyado

02:32:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001749

before privatization.

02:33:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001750

So, with your permission,

02:33:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001751

maybe ah

02:33:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001752

I can ask

02:33:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001753

Vice President for HR

02:33:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001754

Lito Domingo

02:33:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001755

to just mention a few of the things

02:33:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001756

that we're already doing

02:33:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001757

to mitigate the

02:33:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001758

anxiety and the

02:33:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001759

whatever

02:33:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001760

thoughts there are with these

02:33:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001761

employees who will be affected.

02:33:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001762

Si Vice President Lito Domingo po.

02:33:28Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001763

Magandang umaga po, Congressman Padiernos.

02:33:30Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001764

Ma'am, good morning po.

02:33:31Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001765

Just to give you an overview

02:33:34Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001766

of the different training initiatives,

02:33:37Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001767

we have four different

02:33:38Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001768

categories in the training initiative

02:33:40Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001769

from management training,

02:33:42Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001770

self-development,

02:33:44Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001771

personality development,

02:33:46Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001772

and amongst these programs,

02:33:48Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001773

we have already concluded, as of date,

02:33:51Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001774

including November

02:33:52Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001775

of last year, 5,000

02:33:54Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001776

training initiatives for

02:33:56Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001777

individuals. Yan po yung

02:33:58Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001778

actual graduates natin.

02:34:00Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001779

From as short as a two or three-day

02:34:02Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001780

program in-house, we

02:34:04Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001781

proceed to a four or five-day

02:34:06Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001782

program. Aside from that po,

02:34:09Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001783

we also are

02:34:10Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001784

proceeding with other gaming-related

02:34:12Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001785

training initiatives, as mentioned by

02:34:14Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001786

our chairman, especially

02:34:16Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001787

as we move forward towards more

02:34:18Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001788

technologically advanced

02:34:20Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001789

gaming programs.

02:34:23Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001790

Uumpisahan na po yan.

02:34:25Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001791

Meron po kaming

02:34:25Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001792

ginagawang expanded and specialized

02:34:28Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001793

training. Ano po ito?

02:34:30Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001794

Halimbawa po kayo ay

02:34:32Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001795

dealer, magkakaroon po ng

02:34:35Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001796

cross-training for slot machine

02:34:36Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001797

so that your

02:34:38Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001798

competency to be employed

02:34:40Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001799

in the IRs

02:34:42Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001800

or the acquiring entity

02:34:44Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001801

is enhanced. Finally po,

02:34:46Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001802

we also have initiated,

02:34:48Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001803

as mentioned by our chairman

02:34:50Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001804

again, yung pong alignment namin

02:34:52Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001805

with the civil service. This is

02:34:54Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001806

ongoing. We

02:34:56Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001807

in fact proceeded with the

02:34:58Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001808

initial training of about

02:35:00Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001809

80 to 100 people

02:35:03Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001810

just the past two

02:35:04Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001811

months. Almost 12 of

02:35:06Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001812

them were registered for an exam. We

02:35:08Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001813

are requesting for

02:35:10Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001814

an additional exemption

02:35:12Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001815

to do the online exam.

02:35:14Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001816

Ito po ay isang mitigation. May

02:35:16Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001817

measure so that they can be employed

02:35:18Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001818

in other government agencies.

02:35:21Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001819

We are also working

02:35:22Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001820

on a special

02:35:24Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001821

in-house

02:35:26Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001822

program where CSE will give us

02:35:28Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001823

all the vacancies so our employees

02:35:30Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001824

can apply to other government

02:35:32Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001825

entities. So continuing

02:35:34Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001826

po yan, we expect to complete

02:35:36Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001827

about 10,000 training

02:35:39Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001828

initiatives by

02:35:40Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001829

end of year and enhance further

02:35:42Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001830

our CSE initiatives.

02:35:44Source

PAGCOR Vice President Angelito De Jesus Domingo

asr-001831

Yun po sir. Thank you.

02:35:47Source

Rep. Jan "Atty. JP" Padiernos

asr-001832

Thank you po Madam Chair.

02:35:49Source

Rep. Jan "Atty. JP" Padiernos

asr-001833

At maganda pong narinig natin yun

02:35:51Source

Rep. Jan "Atty. JP" Padiernos

asr-001834

sa ating butihing chairman at sa

02:35:54Source

Rep. Jan "Atty. JP" Padiernos

asr-001835

PAGCOR na hindi po nila

02:35:55Source

Rep. Jan "Atty. JP" Padiernos

asr-001836

papabayaan. Tama po ba

02:35:57Source

Rep. Jan "Atty. JP" Padiernos

asr-001837

ang commitment nyo to help our

02:36:00Source

Rep. Jan "Atty. JP" Padiernos

asr-001838

future

02:36:01Source

Rep. Jan "Atty. JP" Padiernos

asr-001839

yung mga matidisplace po ng mga

02:36:03Source

Rep. Jan "Atty. JP" Padiernos

asr-001840

empleyado. Pangalawa pong tanong

02:36:05Source

Rep. Jan "Atty. JP" Padiernos

asr-001841

na-mention po kasi kanina.

02:36:07Source

Rep. Jan "Atty. JP" Padiernos

asr-001842

Yung isa sa mga reasons po

02:36:09Source

Rep. Jan "Atty. JP" Padiernos

asr-001843

yung pag-decline po ng revenue is yung

02:36:12Source

Rep. Jan "Atty. JP" Padiernos

asr-001844

pag-restrict ng e-wallet.

02:36:15Source

Rep. Jan "Atty. JP" Padiernos

asr-001845

And

02:36:16Source

Rep. Jan "Atty. JP" Padiernos

asr-001846

so following the BSP restrictions

02:36:17Source

Rep. Jan "Atty. JP" Padiernos

asr-001847

on direct gambling links in

02:36:19Source

Rep. Jan "Atty. JP" Padiernos

asr-001848

e-wallets, naapektuhan ang

02:36:21Source

Rep. Jan "Atty. JP" Padiernos

asr-001849

transactions ng licensed

02:36:23Source

Rep. Jan "Atty. JP" Padiernos

asr-001850

e-games operators. At the

02:36:25Source

Rep. Jan "Atty. JP" Padiernos

asr-001851

same time, may players na lumilipat

02:36:28Source

Rep. Jan "Atty. JP" Padiernos

asr-001852

po sa third-party payment

02:36:29Source

Rep. Jan "Atty. JP" Padiernos

asr-001853

channels and unauthorized

02:36:31Source

Rep. Jan "Atty. JP" Padiernos

asr-001854

aggregators. This

02:36:33Source

Rep. Jan "Atty. JP" Padiernos

asr-001855

creates additional risks of fraud,

02:36:36Source

Rep. Jan "Atty. JP" Padiernos

asr-001856

data theft, and money laundering

02:36:38Source

Rep. Jan "Atty. JP" Padiernos

asr-001857

habang nadidehado naman ang

02:36:39Source

Rep. Jan "Atty. JP" Padiernos

asr-001858

mga legitimate and regulated

02:36:42Source

Rep. Jan "Atty. JP" Padiernos

asr-001859

operators. Ang

02:36:43Source

Rep. Jan "Atty. JP" Padiernos

asr-001860

tanong ko po ay paano po

02:36:46Source

Rep. Jan "Atty. JP" Padiernos

asr-001861

balance ng PAGCOR ang

02:36:48Source

Rep. Jan "Atty. JP" Padiernos

asr-001862

BSP restrictions

02:36:50Source

Rep. Jan "Atty. JP" Padiernos

asr-001863

on direct e-wallet links

02:36:52Source

Rep. Jan "Atty. JP" Padiernos

asr-001864

sa gambling sites

02:36:53Source

Rep. Jan "Atty. JP" Padiernos

asr-001865

with the need to support legitimate

02:36:55Source

Rep. Jan "Atty. JP" Padiernos

asr-001866

and regulated e-games operators.

02:36:58Source

Rep. Jan "Atty. JP" Padiernos

asr-001867

Especially

02:37:00Source

Rep. Jan "Atty. JP" Padiernos

asr-001868

ngayong may players na lumilipat

02:37:01Source

Rep. Jan "Atty. JP" Padiernos

asr-001869

po sa mga third-party

02:37:03Source

Rep. Jan "Atty. JP" Padiernos

asr-001870

payment channels at unauthorized

02:37:05Source

Rep. Jan "Atty. JP" Padiernos

asr-001871

aggregators na mas exposed

02:37:08Source

Rep. Jan "Atty. JP" Padiernos

asr-001872

po dito sa mga nabanggit ko kanina

02:37:09Source

Rep. Jan "Atty. JP" Padiernos

asr-001873

sa fraud, data theft, and money laundering.

02:37:13Source

Rep. Jan "Atty. JP" Padiernos

asr-001874

Salamat

02:37:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001875

sa katanungan, Your

02:37:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001876

Honor, Congressman

02:37:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001877

Padiernos. Dahil ito po

02:37:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001878

yung binabanggit ko kanina

02:37:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001879

pa, na

02:37:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001880

ito po mga illegal operators

02:37:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001881

na ito ang siyang malaking

02:37:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001882

problema natin sa pangkasalukuyan.

02:37:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001883

At kami

02:37:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001884

po ay

02:37:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001885

how we are addressing it?

02:37:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001886

We are in constant

02:37:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001887

dialogue with the Bangko Sentral ng

02:37:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001888

Pilipinas.

02:37:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001889

Kami po ay

02:37:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001890

regular na nakikipag-usap at

02:37:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001891

nakikipag-ugnayan sa kanila

02:37:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001892

ng mabigyan ng pansin.

02:37:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001893

At doon po,

02:37:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001894

naiulat na namin

02:37:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001895

sa kanila kung sino

02:37:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001896

yung mga illegal

02:37:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001897

payment aggregators.

02:38:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001898

Naiulat na po namin sa kanila

02:38:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001899

kung sino yung mga

02:38:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001900

illegal na mga payment

02:38:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001901

apps or sometimes even

02:38:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001902

legal payment

02:38:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001903

apps na nagsaserve it.

02:38:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001904

Ito yung mga

02:38:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001905

unlicensed online

02:38:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001906

gaming operators.

02:38:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001907

So, very regular po

02:38:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001908

ang aming pakikipag-ugnayan

02:38:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001909

sa Bangko Sentral.

02:38:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001910

At yan po

02:38:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001911

ay hindi namin

02:38:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001912

ihinto dahil

02:38:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001913

yung pong collaboration

02:38:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001914

is a big help.

02:38:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001915

Ngayon,

02:38:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001916

isa din pong ginagawa namin

02:38:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001917

sa pangkasalukuyan

02:38:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001918

ay yung posibilidad po

02:38:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001919

magtayo or

02:38:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001920

mag-launch ng isang

02:38:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001921

PAGCOR app.

02:38:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001922

So, dito po sa PAGCOR app,

02:38:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001923

pagka may

02:38:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001924

PAGCOR app na kayo sa mga telepono

02:38:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001925

ninyo,

02:38:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001926

pag pinindot nyo po yung PAGCOR app,

02:38:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001927

bibigay na sa inyo

02:38:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001928

yung listahan

02:39:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001929

ng mga legal

02:39:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001930

na may lisensyang operator.

02:39:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001931

So,

02:39:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001932

maproprotektahan ka.

02:39:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001933

Makakasiguro ka

02:39:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001934

na ang linalaro among site

02:39:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001935

ay lisensyado ng PAGCOR.

02:39:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001936

So, again, twofold ito.

02:39:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001937

One,

02:39:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001938

nasusug po natin yung illegal na

02:39:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001939

mga operator.

02:39:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001940

Two,

02:39:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001941

naproprotektahan ang bawat

02:39:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001942

kababayan nating

02:39:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001943

maglalaro.

02:39:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001944

Sapagkat ang natitiyak po namin,

02:39:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001945

basta may lisensya

02:39:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001946

ang pinaglalaroan nyo,

02:39:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001947

meron pong process of

02:39:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001948

resolution kung magkakaproblema

02:39:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001949

kayo. Yung issue na

02:39:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001950

hindi nagbabayad ng deposito,

02:39:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001951

hindi nagbabayad ng

02:39:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001952

panalo, eh hindi

02:39:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001953

na mangyayari yun

02:39:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001954

makapaglalaro ka na sa isang

02:39:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001955

legal

02:39:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001956

na

02:39:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001957

operator. Kaya, yun po

02:40:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001958

we're expecting

02:40:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001959

to launch it maybe on the

02:40:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001960

fourth quarter of this year.

02:40:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001961

Malaking bagay po yun.

02:40:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001962

Dahil yun, maging

02:40:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001963

hikaya tayo, we will use these

02:40:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001964

advertisements

02:40:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001965

to let people know that

02:40:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001966

if you really want to patronize

02:40:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001967

your online gaming operator,

02:40:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001968

dito ka na sa PAGCOR

02:40:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001969

app. Para nang sa ganun,

02:40:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001970

pagpindot mo ng PAGCOR app,

02:40:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001971

lilitaw na ron, ikaw nang mamimili

02:40:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001972

kung sino ang

02:40:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001973

gusto mong paglaroan

02:40:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001974

na site. So, yan po ang mga

02:40:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001975

hakbang na ginagawa namin sa

02:40:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001976

paglalaro ko yan. At

02:40:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001977

ganun din po, patuloy din po

02:40:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001978

ang pakikipag-ugnayan namin sa

02:40:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001979

DICT,

02:40:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001980

NTC, at sa

02:40:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001981

CICC para

02:40:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001982

regularly lang

02:40:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001983

manalalaman kung sino-sino

02:40:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001984

nga ba yung mga

02:40:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001985

nagagamit na payment

02:40:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001986

applications na yan

02:40:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001987

na nagsaservice ng

02:40:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001988

mga hindi

02:41:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-001989

lisensyado ng PAGCOR.

02:41:05Source

Rep. Jan "Atty. JP" Padiernos

asr-001990

Follow-up question.

02:41:06Source

Rep. Jan "Atty. JP" Padiernos

asr-001991

Madam Chair,

02:41:07Source

Rep. Jan "Atty. JP" Padiernos

asr-001992

if e-games revenues decline

02:41:10Source

Rep. Jan "Atty. JP" Padiernos

asr-001993

by more than 41%

02:41:12Source

Rep. Jan "Atty. JP" Padiernos

asr-001994

in H1 2026,

02:41:15Source

Rep. Jan "Atty. JP" Padiernos

asr-001995

ano po ang

02:41:16Source

Rep. Jan "Atty. JP" Padiernos

asr-001996

regulatory response

02:41:18Source

Rep. Jan "Atty. JP" Padiernos

asr-001997

sa PAGCOR? Paano ninyo

02:41:20Source

Rep. Jan "Atty. JP" Padiernos

asr-001998

i-recover ang legitimate

02:41:22Source

Rep. Jan "Atty. JP" Padiernos

asr-001999

e-games sector without simply making

02:41:23Source

Rep. Jan "Atty. JP" Padiernos

asr-002000

gambling easier to access,

02:41:26Source

Rep. Jan "Atty. JP" Padiernos

asr-002001

especially for minors

02:41:27Source

Rep. Jan "Atty. JP" Padiernos

asr-002002

and other vulnerable players?

02:41:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002003

Your Honor,

02:41:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002004

as I had mentioned earlier,

02:41:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002005

naghanap na rin kami

02:41:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002006

at nag-aaral na rin

02:41:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002007

na magpatupad ng iba't ibang mga

02:41:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002008

revenue generating

02:41:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002009

programs.

02:41:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002010

Tulad nga po ng SCBPO

02:41:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002011

or yung Special Class BPO.

02:41:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002012

Ayun po,

02:41:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002013

nakikita ko, magsasampa

02:41:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002014

po sa PAGCOR yan

02:41:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002015

pag na-normalize na easily

02:41:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002016

mga 2 to 3 billion pesos.

02:42:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002017

So, these are the measures

02:42:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002018

that we are

02:42:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002019

doing. In short,

02:42:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002020

we are also studying

02:42:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002021

other revenue

02:42:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002022

generating schemes

02:42:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002023

para nang sa ganun, yung

02:42:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002024

nawawala namin sa kaliwang bulsa

02:42:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002025

ay ma-recover naman namin

02:42:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002026

sa kanan na bulsa namin.

02:42:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002027

So, patuloy po ang

02:42:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002028

aming pag-aaral at

02:42:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002029

makikita po natin

02:42:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002030

hopefully sa

02:42:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002031

2027 ay

02:42:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002032

kung meron man decline

02:42:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002033

ma-recover din natin ito.

02:42:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002034

Gusto ko rin pong

02:42:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002035

magbigay muling alam

02:42:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002036

sa inyo, your honor,

02:42:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002037

na itong last month po

02:42:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002038

of July, nakakita

02:42:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002039

po kami ng increase

02:42:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002040

sa revenue ng online gaming.

02:42:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002041

Hindi po sa paghikayat

02:42:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002042

na maglaro ang ating mga kababayan.

02:42:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002043

Kung hindi, marami na po

02:42:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002044

ang limilipat

02:42:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002045

from the illegals to the legal

02:42:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002046

licenses po natin.

02:43:01Source

Rep. Jan "Atty. JP" Padiernos

asr-002047

Thank you, Madam Chair.

02:43:03Source

Rep. Jan "Atty. JP" Padiernos

asr-002048

Next point on

02:43:06Source

Rep. Jan "Atty. JP" Padiernos

asr-002049

Pigo platforms

02:43:08Source

Rep. Jan "Atty. JP" Padiernos

asr-002050

or

02:43:09Source

Rep. Jan "Atty. JP" Padiernos

asr-002051

inland gaming operations.

02:43:12Source

Rep. Jan "Atty. JP" Padiernos

asr-002052

So, kahit po may

02:43:13Source

Rep. Jan "Atty. JP" Padiernos

asr-002053

KYC requirements or know your

02:43:15Source

Rep. Jan "Atty. JP" Padiernos

asr-002054

customer requirements, kinagamit umano

02:43:17Source

Rep. Jan "Atty. JP" Padiernos

asr-002055

ang pre-verified or

02:43:19Source

Rep. Jan "Atty. JP" Padiernos

asr-002056

mule e-wallet accounts para

02:43:21Source

Rep. Jan "Atty. JP" Padiernos

asr-002057

makapasok sa online gaming platforms.

02:43:24Source

Rep. Jan "Atty. JP" Padiernos

asr-002058

This

02:43:25Source

Rep. Jan "Atty. JP" Padiernos

asr-002059

creates risk

02:43:27Source

Rep. Jan "Atty. JP" Padiernos

asr-002060

involving, again, yung minamensyong ko ay

02:43:29Source

Rep. Jan "Atty. JP" Padiernos

asr-002061

money laundering, fraud, and

02:43:31Source

Rep. Jan "Atty. JP" Padiernos

asr-002062

access by minors.

02:43:33Source

Rep. Jan "Atty. JP" Padiernos

asr-002063

May reports po na gumagamit

02:43:35Source

Rep. Jan "Atty. JP" Padiernos

asr-002064

ng such pre-verified or

02:43:38Source

Rep. Jan "Atty. JP" Padiernos

asr-002065

mule e-wallet accounts para ma-bypass

02:43:40Source

Rep. Jan "Atty. JP" Padiernos

asr-002066

ang KYC requirements.

02:43:42Source

Rep. Jan "Atty. JP" Padiernos

asr-002067

Ilan na po ang

02:43:43Source

Rep. Jan "Atty. JP" Padiernos

asr-002068

Pigo or e-games licenses

02:43:45Source

Rep. Jan "Atty. JP" Padiernos

asr-002069

na na-fine, suspended,

02:43:47Source

Rep. Jan "Atty. JP" Padiernos

asr-002070

or otherwise sanctioned by PAGCOR

02:43:50Source

Rep. Jan "Atty. JP" Padiernos

asr-002071

dahil sa failure to prevent

02:43:52Source

Rep. Jan "Atty. JP" Padiernos

asr-002072

proxy accounts, third-party

02:43:54Source

Rep. Jan "Atty. JP" Padiernos

asr-002073

funding, or access by

02:43:56Source

Rep. Jan "Atty. JP" Padiernos

asr-002074

minors? At ano po ang

02:43:57Source

Rep. Jan "Atty. JP" Padiernos

asr-002075

ginagawa ninyo para masiguradong hindi

02:43:59Source

Rep. Jan "Atty. JP" Padiernos

asr-002076

lang compliance on paper?

02:44:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002077

Opo.

02:44:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002078

Your Honor,

02:44:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002079

sa

02:44:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002080

katanungan ninyo, ay

02:44:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002081

aktibo pong nagmumonitor

02:44:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002082

ang PAGCOR

02:44:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002083

ng mga hindi

02:44:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002084

sumusunod sa KYC.

02:44:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002085

At kung tatanungin

02:44:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002086

ninyo po, hindi lang po fines.

02:44:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002087

Kami po ay

02:44:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002088

nag-impose na ng

02:44:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002089

suspension ng

02:44:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002090

mga legal

02:44:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002091

operators na hindi sumusunod

02:44:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002092

sa struktura ng PAGCOR.

02:44:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002093

Pero gusto ko pong bigyan ng diin,

02:44:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002094

Your Honor,

02:44:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002095

Cong. Padiernos, na

02:44:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002096

ang problemang ito po ng

02:44:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002097

paggamit ng mule accounts,

02:44:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002098

gayon din naman po

02:44:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002099

ng third-party payment

02:44:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002100

providers, ay hindi po

02:44:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002101

nararanasan ng

02:44:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002102

mga

02:44:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002103

legal operators.

02:44:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002104

Ito po karaniwan ang siyang ginagamit

02:44:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002105

ng mga illegal na operators.

02:44:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002106

Kasi nga ho, wala silang sinusunod na batas.

02:45:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002107

Meaning, yung illegal na operator,

02:45:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002108

eh doon sila sa mga illegal din

02:45:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002109

ng mga payment providers

02:45:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002110

para nang sa ganun,

02:45:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002111

mas madali nilang ma-process

02:45:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002112

yung paghikayat sa kanilang mga customers.

02:45:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002113

Dahil pinalalabas nila,

02:45:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002114

mas madaling magbayad

02:45:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002115

o ma-proseso ang kanilang mga pangangailangan

02:45:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002116

sa pamamagitan nitong mga payments na ito.

02:45:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002117

Ang hindi nalalaman nung ating mga kababayan,

02:45:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002118

eh pag nag-patronize ka lang ganun,

02:45:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002119

natitiyak namin,

02:45:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002120

illegal na po ang ating mga pinaglalaroan.

02:45:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002121

Kaya patuloy po kaming nakikipag-ugnayan

02:45:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002122

sa NTC, DICT, CICC,

02:45:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002123

at panay po ang report namin sa kanila

02:45:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002124

nitong mga hindi sumusunod

02:45:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002125

ng mga illegal online gaming operators na ito.

02:46:01Source

Rep. Jan "Atty. JP" Padiernos

asr-002126

Thank you, Madam Chair.

02:46:02Source

Rep. Jan "Atty. JP" Padiernos

asr-002127

I just would like to make a quick manifestation.

02:46:05Source

Rep. Jan "Atty. JP" Padiernos

asr-002128

So, Madam Chair,

02:46:07Source

Rep. Jan "Atty. JP" Padiernos

asr-002129

I would like to commend and recognize

02:46:09Source

Rep. Jan "Atty. JP" Padiernos

asr-002130

the contributions and efforts

02:46:12Source

Rep. Jan "Atty. JP" Padiernos

asr-002131

by our PAGCOR

02:46:15Source

Rep. Jan "Atty. JP" Padiernos

asr-002132

in generating more than 106 billion in revenues

02:46:18Source

Rep. Jan "Atty. JP" Padiernos

asr-002133

and

02:46:19Source

Rep. Jan "Atty. JP" Padiernos

asr-002134

66.95 billion to nation building

02:46:22Source

Rep. Jan "Atty. JP" Padiernos

asr-002135

kasama po yung 22.56 billion for universal healthcare.

02:46:27Source

Rep. Jan "Atty. JP" Padiernos

asr-002136

So, hindi lang lamang ito po isang numero

02:46:30Source

Rep. Jan "Atty. JP" Padiernos

asr-002137

or mga numero.

02:46:31Source

Rep. Jan "Atty. JP" Padiernos

asr-002138

These funds truly help support healthcare,

02:46:34Source

Rep. Jan "Atty. JP" Padiernos

asr-002139

public services, and programs

02:46:36Source

Rep. Jan "Atty. JP" Padiernos

asr-002140

that reach Filipino families across the country,

02:46:39Source

Rep. Jan "Atty. JP" Padiernos

asr-002141

especially those who rely most

02:46:41Source

Rep. Jan "Atty. JP" Padiernos

asr-002142

on the government assistance.

02:46:43Source

Rep. Jan "Atty. JP" Padiernos

asr-002143

Nakita naman po natin sa kanilang report,

02:46:45Source

Rep. Jan "Atty. JP" Padiernos

asr-002144

yung kanilang programa tulad ng nationwide school building,

02:46:49Source

Rep. Jan "Atty. JP" Padiernos

asr-002145

patient transport vehicle donations,

02:46:52Source

Rep. Jan "Atty. JP" Padiernos

asr-002146

relief operations,

02:46:54Source

Rep. Jan "Atty. JP" Padiernos

asr-002147

and yung kanilang

02:46:55Source

Rep. Jan "Atty. JP" Padiernos

asr-002148

Clark Multi-Specialty Medical Center

02:46:58Source

Rep. Jan "Atty. JP" Padiernos

asr-002149

na sana po

02:47:00Source

Rep. Jan "Atty. JP" Padiernos

asr-002150

madagdagan pa po

02:47:01Source

Rep. Jan "Atty. JP" Padiernos

asr-002151

ang inyong matulungan sa ating mga

02:47:03Source

Rep. Jan "Atty. JP" Padiernos

asr-002152

kababayan at

02:47:07Source

Rep. Jan "Atty. JP" Padiernos

asr-002153

rest assured po

02:47:08Source

Rep. Jan "Atty. JP" Padiernos

asr-002154

sa ating PAGCOR

02:47:11Source

Rep. Jan "Atty. JP" Padiernos

asr-002155

agency

02:47:12Source

Rep. Jan "Atty. JP" Padiernos

asr-002156

that this representation

02:47:13Source

Rep. Jan "Atty. JP" Padiernos

asr-002157

has the full support for

02:47:15Source

Rep. Jan "Atty. JP" Padiernos

asr-002158

all of its programs

02:47:17Source

Rep. Jan "Atty. JP" Padiernos

asr-002159

and any needs

02:47:19Source

Rep. Jan "Atty. JP" Padiernos

asr-002160

for the said agency.

02:47:22Source

Rep. Jan "Atty. JP" Padiernos

asr-002161

Yun lamang po, Madam Chair.

02:47:23Source

Rep. Jan "Atty. JP" Padiernos

asr-002162

Maraming salamat po.

02:47:26Source

Rep. Mikaela Angela B. Suansing

asr-002163

Thank you, Representative Padiernos.

02:47:28Source

Rep. Mikaela Angela B. Suansing

asr-002164

We'll now move to our next interpellator

02:47:31Source

Rep. Mikaela Angela B. Suansing

asr-002165

from the minority,

02:47:32Source

Rep. Mikaela Angela B. Suansing

asr-002166

Representative Presley De Jesus.

02:47:36Source

Rep. Presley C. De Jesus

asr-002167

Thank you, Madam Chair,

02:47:38Source

Rep. Presley C. De Jesus

asr-002168

and to PAGCOR family.

02:47:41Source

Rep. Presley C. De Jesus

asr-002169

Yeah, Chairman,

02:47:42Source

Rep. Presley C. De Jesus

asr-002170

I think you mentioned a while ago,

02:47:44Source

Rep. Presley C. De Jesus

asr-002171

I think I heard it four times,

02:47:46Source

Rep. Presley C. De Jesus

asr-002172

what does integrated resorts mean?

02:47:49Source

Rep. Presley C. De Jesus

asr-002173

Apat niyo bes na narinig ko sa inyo,

02:47:51Source

Rep. Presley C. De Jesus

asr-002174

so I'm just curious.

02:47:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002175

Ang, your honor,

02:47:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002176

ang ibig sabihin po

02:47:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002177

ng integrated resorts

02:47:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002178

ay yung pong mga may

02:48:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002179

lisensya ng PAGCOR

02:48:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002180

na nag-invest ng at least

02:48:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002181

1 billion US dollars

02:48:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002182

and nakapag-employo po

02:48:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002183

ng libu-libong mga tao.

02:48:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002184

Ang tinutukoy ko po rito,

02:48:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002185

Congressman Presley,

02:48:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002186

ay ang mga

02:48:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002187

casino resorts,

02:48:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002188

integrated resorts

02:48:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002189

na nandito sa

02:48:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002190

Entertainment City

02:48:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002191

sa Paranaque.

02:48:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002192

Hindi ko na po babanggitin isa-isa.

02:48:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002193

Nandyan din po

02:48:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002194

ang isang malaking integrated resort

02:48:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002195

sa siyudad ng Cebu

02:48:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002196

at nandyan din po

02:48:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002197

ang isang maraming

02:48:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002198

integrated resorts sa loob po

02:48:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002199

ng Clark Economic Zone.

02:48:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002200

Ang classification po nila

02:48:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002201

ay tinatawag na

02:48:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002202

integrated resort

02:48:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002203

sa pagkakataon,

02:48:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002204

pagkat meron po silang

02:48:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002205

required na investment.

02:48:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002206

At ang investment pong ito

02:48:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002207

ay hindi dapat bumaba

02:48:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002208

sa 1 billion US dollars.

02:49:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002209

At aside from that,

02:49:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002210

Your Honor, Congressman

02:49:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002211

De Jesus, sila po

02:49:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002212

ay dapat mag-employ

02:49:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002213

ng libu-libong

02:49:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002214

mga manggagawang

02:49:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002215

Pilipino.

02:49:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002216

So in short,

02:49:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002217

lahat po nang nag-imploy

02:49:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002218

ngayon ang bagong

02:49:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002219

prangkisa ng

02:49:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002220

kasino,

02:49:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002221

they will be called

02:49:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002222

integrated because

02:49:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002223

no one will

02:49:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002224

invest

02:49:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002225

na bababa

02:49:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002226

ng 1 billion.

02:49:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002227

Tama ba yun?

02:49:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002228

Congressman,

02:49:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002229

Your Honor,

02:49:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002230

ang

02:49:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002231

pwede po mag-apply

02:49:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002232

iba't-ibang

02:49:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002233

kategorya po kasi.

02:49:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002234

Meron po tayong

02:49:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002235

highest category,

02:49:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002236

yung tinatawag na

02:49:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002237

platinum,

02:49:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002238

yun po ang

02:49:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002239

tinutukoy ko

02:49:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002240

kanina na

02:49:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002241

nabanggit nyo

02:49:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002242

mahigit apat na beses.

02:49:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002243

Kung nabanggit.

02:49:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002244

Yung integrated

02:49:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002245

resorts.

02:49:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002246

1 billion dollars

02:49:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002247

po yun

02:49:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002248

and above.

02:49:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002249

And then,

02:49:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002250

may susunod po doon

02:49:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002251

na kategorya,

02:49:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002252

400 to 500

02:50:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002253

million US dollars.

02:50:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002254

Pababa po yun

02:50:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002255

hanggang sa lowest

02:50:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002256

category

02:50:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002257

na 100 million

02:50:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002258

US dollars.

02:50:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002259

So, yeah,

02:50:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002260

I think that's

02:50:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002261

very important,

02:50:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002262

Madam Chair, no?

02:50:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002263

So, you will

02:50:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002264

understand what's

02:50:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002265

integrated resorts

02:50:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002266

is all about,

02:50:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002267

which they have to

02:50:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002268

infuse not less

02:50:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002269

than a billion

02:50:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002270

US dollars.

02:50:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002271

So, we're talking

02:50:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002272

about around

02:50:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002273

60 billion US pesos.

02:50:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002274

Now, the remaining

02:50:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002275

casinos

02:50:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002276

o yung natitirang

02:50:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002277

casino Pilipino

02:50:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002278

natin,

02:50:32Source

Rep. Presley C. De Jesus

asr-002279

yung mga bibili

02:50:33Source

Rep. Presley C. De Jesus

asr-002280

niyan,

02:50:33Source

Rep. Presley C. De Jesus

asr-002281

they will not be

02:50:36Source

Rep. Presley C. De Jesus

asr-002282

considered

02:50:36Source

Rep. Presley C. De Jesus

asr-002283

integrated resorts

02:50:37Source

Rep. Presley C. De Jesus

asr-002284

kasi

02:50:38Source

Rep. Presley C. De Jesus

asr-002285

in totality,

02:50:40Source

Rep. Presley C. De Jesus

asr-002286

30 billion lang yun eh.

02:50:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002287

Hindi po

02:50:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002288

magiging

02:50:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002289

integrated resorts

02:50:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002290

ng classification.

02:50:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002291

Yun po ay

02:50:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002292

magiging

02:50:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002293

classification

02:50:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002294

ng

02:50:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002295

halos community

02:50:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002296

casino.

02:50:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002297

Kumbaga,

02:50:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002298

nag-umpisa sa platinum,

02:50:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002299

may gold,

02:50:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002300

may silver,

02:50:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002301

baka po nandoon

02:50:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002302

sa bronze yun.

02:50:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002303

Meron din pong

02:50:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002304

minimum amount

02:51:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002305

na dapat

02:51:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002306

gastusin.

02:51:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002307

At aside from that,

02:51:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002308

Your Honor,

02:51:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002309

Congressman Jesus,

02:51:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002310

ang pagkakaiba din po

02:51:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002311

yung fee structure.

02:51:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002312

Pagka malaki po

02:51:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002313

yung investment nyo,

02:51:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002314

mas mababa yung

02:51:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002315

regulatory fee

02:51:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002316

na binabayaran mo.

02:51:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002317

Pagka mas mababa

02:51:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002318

mas maliit,

02:51:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002319

palaki ng palaki

02:51:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002320

yung regulatory fee.

02:51:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002321

So, dun po sa

02:51:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002322

apat na pong

02:51:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002323

halos 30 plus

02:51:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002324

high 30s

02:51:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002325

na casino

02:51:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002326

Filipino branches

02:51:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002327

na

02:51:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002328

mapaprioritize,

02:51:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002329

mas malaki po

02:51:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002330

ang bayad nila

02:51:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002331

ng license fees

02:51:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002332

compared

02:51:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002333

dun sa mga

02:51:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002334

nag-invest.

02:51:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002335

Dahil binibigyan po

02:51:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002336

natin ang

02:51:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002337

pagpapahalaga,

02:51:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002338

una,

02:51:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002339

yung investment,

02:51:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002340

mas malaki investment,

02:51:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002341

mas malaking tulong

02:51:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002342

sa turismo

02:51:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002343

at sa

02:51:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002344

ating mga kababay.

02:51:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002345

And number two,

02:51:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002346

marami,

02:51:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002347

libo-libo po

02:51:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002348

na-employ nila.

02:51:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002349

So,

02:51:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002350

may parang incentive

02:51:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002351

po sa kanila,

02:51:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002352

mas mababa naman po

02:52:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002353

yung binabayad nilang

02:52:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002354

license fees.

02:52:04Source

Rep. Presley C. De Jesus

asr-002355

Thank you,

02:52:05Source

Rep. Presley C. De Jesus

asr-002356

Madam Chair.

02:52:05Source

Rep. Presley C. De Jesus

asr-002357

My next question,

02:52:07Source

Rep. Presley C. De Jesus

asr-002358

you said,

02:52:08Source

Rep. Presley C. De Jesus

asr-002359

you mentioned

02:52:09Source

Rep. Presley C. De Jesus

asr-002360

a while ago also

02:52:10Source

Rep. Presley C. De Jesus

asr-002361

that

02:52:10Source

Rep. Presley C. De Jesus

asr-002362

the online gaming

02:52:12Source

Rep. Presley C. De Jesus

asr-002363

platform

02:52:13Source

Rep. Presley C. De Jesus

asr-002364

tinatalo na

02:52:14Source

Rep. Presley C. De Jesus

asr-002365

ang land-based

02:52:15Source

Rep. Presley C. De Jesus

asr-002366

casino, no?

02:52:16Source

Rep. Presley C. De Jesus

asr-002367

Kasi,

02:52:16Source

Rep. Presley C. De Jesus

asr-002368

iba na ngayon,

02:52:17Source

Rep. Presley C. De Jesus

asr-002369

gusto ng mga tao

02:52:18Source

Rep. Presley C. De Jesus

asr-002370

tabad na ay

02:52:19Source

Rep. Presley C. De Jesus

asr-002371

ng pupunta.

02:52:20Source

Rep. Presley C. De Jesus

asr-002372

With that regard,

02:52:22Source

Rep. Presley C. De Jesus

asr-002373

hindi ko ba

02:52:22Source

Rep. Presley C. De Jesus

asr-002374

makakapekto

02:52:23Source

Rep. Presley C. De Jesus

asr-002375

sa

02:52:24Source

Rep. Presley C. De Jesus

asr-002376

privatization

02:52:27Source

Rep. Presley C. De Jesus

asr-002377

po

02:52:27Source

Rep. Presley C. De Jesus

asr-002378

ng mga natitirang

02:52:28Source

Rep. Presley C. De Jesus

asr-002379

casino Pilipinas

02:52:29Source

Rep. Presley C. De Jesus

asr-002380

natin dahil

02:52:30Source

Rep. Presley C. De Jesus

asr-002381

para sa kanila

02:52:32Source

Rep. Presley C. De Jesus

asr-002382

nagde-devaluate

02:52:34Source

Rep. Presley C. De Jesus

asr-002383

niya yung

02:52:34Source

Rep. Presley C. De Jesus

asr-002384

halaga

02:52:36Source

Rep. Presley C. De Jesus

asr-002385

ng inyong

02:52:37Source

Rep. Presley C. De Jesus

asr-002386

binabentang casino?

02:52:38Source

Rep. Presley C. De Jesus

asr-002387

Kasi,

02:52:38Source

Rep. Presley C. De Jesus

asr-002388

kung ako,

02:52:39Source

Rep. Presley C. De Jesus

asr-002389

if I have a billion dollars,

02:52:41Source

Rep. Presley C. De Jesus

asr-002390

mag-apply na lang

02:52:41Source

Rep. Presley C. De Jesus

asr-002391

bago,

02:52:42Source

Rep. Presley C. De Jesus

asr-002392

bago na yung building ko,

02:52:43Source

Rep. Presley C. De Jesus

asr-002393

bago na lahat.

02:52:44Source

Rep. Presley C. De Jesus

asr-002394

So,

02:52:45Source

Rep. Presley C. De Jesus

asr-002395

habang tumatagal yan,

02:52:46Source

Rep. Presley C. De Jesus

asr-002396

nagde-decline yung value

02:52:48Source

Rep. Presley C. De Jesus

asr-002397

from,

02:52:48Source

Rep. Presley C. De Jesus

asr-002398

you said a while ago,

02:52:50Source

Rep. Presley C. De Jesus

asr-002399

30 billions

02:52:51Source

Rep. Presley C. De Jesus

asr-002400

almost

02:52:52Source

Rep. Presley C. De Jesus

asr-002401

all of the casinos.

02:52:53Source

Rep. Presley C. De Jesus

asr-002402

Baka,

02:52:54Source

Rep. Presley C. De Jesus

asr-002403

by that time na ma-approve na yan,

02:52:56Source

Rep. Presley C. De Jesus

asr-002404

baka kalahati na lang

02:52:58Source

Rep. Presley C. De Jesus

asr-002405

yan ang presyo niya.

02:52:59Source

Rep. Presley C. De Jesus

asr-002406

What will happen

02:53:00Source

Rep. Presley C. De Jesus

asr-002407

kapag nangyari yan?

02:53:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002408

Salamat po sa inyong katanungan, Congressman De Jesus.

02:53:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002409

Congressman De Jesus,

02:53:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002410

actually,

02:53:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002411

may merkado po

02:53:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002412

yung community casinos.

02:53:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002413

Ang totoo,

02:53:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002414

malakas din siya.

02:53:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002415

Kasi,

02:53:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002416

iba po yung

02:53:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002417

nagpe-patronize nun

02:53:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002418

kesa dun sa mga

02:53:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002419

integrated resorts.

02:53:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002420

Yung pong mga

02:53:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002421

ayaw nang lumayo

02:53:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002422

sa kanilang mga area.

02:53:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002424

imbis na magbiyahe

02:53:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002425

papapunta sa Paranaque,

02:53:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002426

dun na lang

02:53:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002427

sa kanilang area

02:53:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002428

maglaro.

02:53:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002429

Ang natitiya ko lang po,

02:53:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002430

yung

02:53:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002431

efficiency

02:53:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002432

ng casino

02:53:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002433

na maliit,

02:53:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002434

lalaki po eh.

02:53:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002435

Compared to

02:53:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002436

sa pagpapatakpo

02:53:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002437

ng gobyerno

02:53:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002438

o ng PAGCOR

02:53:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002439

sa pangkasalukuyan.

02:53:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002440

Sabi ko nga ho eh,

02:53:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002441

ah,

02:53:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002442

yung casino filipino,

02:53:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002443

niwala,

02:53:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002444

bibili na lang kami

02:53:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002445

your honor

02:53:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002446

ng tubig

02:53:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002447

at kape,

02:53:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002448

magpapabiding pa kami.

02:53:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002449

Eh,

02:54:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002450

kung nasa privado

02:54:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002451

sektor na po yan,

02:54:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002452

pati yung pagbibigay

02:54:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002453

ng pagkain,

02:54:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002454

halimbawa,

02:54:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002455

hindi na dadaan

02:54:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002456

sa mga ganyang proseso.

02:54:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002457

So,

02:54:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002458

naniniwala po ako,

02:54:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002459

through,

02:54:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002460

ah,

02:54:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002461

pababa po

02:54:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002462

ang value,

02:54:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002463

pero,

02:54:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002464

hindi din po

02:54:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002465

basta-basta

02:54:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002466

isasantabi yan.

02:54:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002467

Dahil,

02:54:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002468

ang

02:54:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002469

pag-aaral po namin,

02:54:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002470

instead na mag,

02:54:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002471

sa pangkasalukuyan kasi,

02:54:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002472

kaya nalulugi po,

02:54:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002473

isang major

02:54:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002474

na kadahilanan.

02:54:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002475

70% po kasi

02:54:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002476

ng kita,

02:54:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002477

itinatapo na

02:54:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002478

papunta sa gobyerno.

02:54:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002479

Samantalang,

02:54:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002480

kung privado ka na,

02:54:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002481

ang babayaran mo na,

02:54:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002482

na lang,

02:54:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002483

ay yung

02:54:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002484

franchise tax

02:54:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002485

na 5%

02:54:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002486

at

02:54:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002487

yung,

02:54:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002488

yung license fees,

02:54:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002489

ano man yun.

02:54:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002490

Hindi bababa po yun

02:54:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002491

sa 25%

02:54:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002492

to 30%.

02:54:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002493

So,

02:54:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002494

dun lang po,

02:54:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002495

malaking menos na yun.

02:54:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002496

Pangalawa,

02:54:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002497

your honor,

02:54:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002498

natitiya kong

02:54:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002499

isa pa,

02:54:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002500

yung number of employees,

02:55:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002501

sobra-sobra po

02:55:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002502

ang dami ng empleyado namin eh.

02:55:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002503

So,

02:55:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002504

pag nagbawas na yung

02:55:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002505

nagpapatakbong

02:55:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002506

privado sektor

02:55:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002507

at it will be run

02:55:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002508

professionally,

02:55:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002509

eh,

02:55:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002510

natitiya ko,

02:55:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002511

pababa din

02:55:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002512

ang cost niya

02:55:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002513

dun sa

02:55:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002514

pagpapasweldo

02:55:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002515

ng tao.

02:55:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002516

Binanggit ko po

02:55:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002517

kanina rito,

02:55:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002519

saan kayo nakakita?

02:55:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002520

Ang payroll po

02:55:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002521

ng PAGCOR

02:55:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002522

sa pangkasalukoyan,

02:55:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002523

mahigit

02:55:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002524

isang bilyong piso po

02:55:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002525

buwan-buwan.

02:55:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002527

dun lang po,

02:55:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002528

eh,

02:55:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002529

ang bigat na nandala namin.

02:55:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002530

Tapos,

02:55:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002531

dun po sa

02:55:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002532

upa

02:55:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002533

ng casino

02:55:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002534

Filipino properties,

02:55:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002535

250 milyong pesos po

02:55:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002536

halos isang buwan.

02:55:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002537

Kaya,

02:55:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002538

dun lang sa dalawang item na yun,

02:55:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002539

halos isang bilyon

02:55:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002540

at kalahating

02:55:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002541

1.5 billion pesos po

02:55:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002542

ang gastos na namin.

02:55:51Source

Rep. Presley C. De Jesus

asr-002543

Thank you,

02:55:51Source

Rep. Presley C. De Jesus

asr-002544

Mr. Chair.

02:55:52Source

Rep. Presley C. De Jesus

asr-002545

No,

02:55:54Source

Rep. Presley C. De Jesus

asr-002546

follow up question.

02:55:55Source

Rep. Presley C. De Jesus

asr-002547

Because,

02:55:55Source

Rep. Presley C. De Jesus

asr-002548

right now,

02:55:56Source

Rep. Presley C. De Jesus

asr-002549

under the PD,

02:55:56Source

Rep. Presley C. De Jesus

asr-002550

something,

02:55:57Source

Rep. Presley C. De Jesus

asr-002551

you are both

02:55:57Source

Rep. Presley C. De Jesus

asr-002552

regulator and operator

02:55:58Source

Rep. Presley C. De Jesus

asr-002553

because you have

02:55:59Source

Rep. Presley C. De Jesus

asr-002554

casino Filipinas pa kasi,

02:56:00Source

Rep. Presley C. De Jesus

asr-002555

no?

02:56:00Source

Rep. Presley C. De Jesus

asr-002556

So,

02:56:01Source

Rep. Presley C. De Jesus

asr-002557

you're trying to

02:56:02Source

Rep. Presley C. De Jesus

asr-002558

decoupling it,

02:56:02Source

Rep. Presley C. De Jesus

asr-002559

right?

02:56:03Source

Rep. Presley C. De Jesus

asr-002560

So,

02:56:04Source

Rep. Presley C. De Jesus

asr-002561

once na-privatize na ito,

02:56:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002562

automatic,

02:56:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002563

wala na yung ano,

02:56:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002564

or needs to be

02:56:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002565

ah,

02:56:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002566

le-calibrate o

02:56:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002567

kailangan ng batas

02:56:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002568

para maging ano lang kayo,

02:56:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002569

ah,

02:56:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002570

regulator?

02:56:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002571

Ah,

02:56:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002572

meron po kasing

02:56:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002573

existing ng batas.

02:56:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002574

Yung batas po

02:56:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002575

na spinong,

02:56:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002578

Senator Frank Drilon

02:56:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002579

at ito po ay

02:56:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002580

ang

02:56:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002581

nakasaad doon,

02:56:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002582

yung pong

02:56:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002583

GCG law,

02:56:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002584

nakasaad po roon

02:56:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002585

sa isa roon

02:56:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002586

sa mga

02:56:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002587

provisions ng batas.

02:56:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002588

Pag nagkaroon po

02:56:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002589

ng conflict

02:56:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002590

ang regulatory

02:56:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002591

at ang commercial

02:56:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002592

operations

02:56:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002593

ng isang

02:56:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002594

GOCC,

02:56:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002595

pwede pong

02:56:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002596

paghiwalayin ito.

02:56:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002597

Kaya,

02:56:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002598

doon po

02:56:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002599

naka-anchor

02:56:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002600

ang magiging

02:56:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002601

rekomendasyon

02:56:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002602

ng government

02:56:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002603

ng government.

02:56:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002607

Commission

02:56:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002608

for

02:56:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002609

GOCC

02:56:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002610

sa tanggapan

02:56:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002611

ng Pangulo

02:56:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002612

ng Pilipinas.

02:56:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002613

Thank you.

02:56:56Source

Rep. Presley C. De Jesus

asr-002614

You also mentioned

02:56:57Source

Rep. Presley C. De Jesus

asr-002615

ago that

02:56:58Source

Rep. Presley C. De Jesus

asr-002616

almost 100 million

02:56:59Source

Rep. Presley C. De Jesus

asr-002617

were being

02:57:00Source

Rep. Presley C. De Jesus

asr-002618

penalized

02:57:01Source

Rep. Presley C. De Jesus

asr-002619

because of the

02:57:02Source

Rep. Presley C. De Jesus

asr-002620

ads nila.

02:57:03Source

Rep. Presley C. De Jesus

asr-002621

No?

02:57:03Source

Rep. Presley C. De Jesus

asr-002622

Isn't it?

02:57:05Source

Rep. Presley C. De Jesus

asr-002623

Para sa'yo,

02:57:06Source

Rep. Presley C. De Jesus

asr-002624

you think

02:57:07Source

Rep. Presley C. De Jesus

asr-002625

it's too low?

02:57:08Source

Rep. Presley C. De Jesus

asr-002626

Kaya,

02:57:08Source

Rep. Presley C. De Jesus

asr-002627

kasi ako ha,

02:57:09Source

Rep. Presley C. De Jesus

asr-002628

kung ako magpe-penalize

02:57:11Source

Rep. Presley C. De Jesus

asr-002629

sa 1 million,

02:57:11Source

Rep. Presley C. De Jesus

asr-002630

pero

02:57:12Source

Rep. Presley C. De Jesus

asr-002631

my advertisement

02:57:13Source

Rep. Presley C. De Jesus

asr-002632

siguro

02:57:14Source

Rep. Presley C. De Jesus

asr-002633

will be there

02:57:15Source

Rep. Presley C. De Jesus

asr-002634

for 6 months.

02:57:16Source

Rep. Presley C. De Jesus

asr-002635

Tatagal.

02:57:17Source

Rep. Presley C. De Jesus

asr-002636

Eh,

02:57:17Source

Rep. Presley C. De Jesus

asr-002637

yung

02:57:18Source

Rep. Presley C. De Jesus

asr-002638

economy

02:57:19Source

Rep. Presley C. De Jesus

asr-002639

Noon,

02:57:20Source

Rep. Presley C. De Jesus

asr-002640

marami ako

02:57:21Source

Rep. Presley C. De Jesus

asr-002641

mahikayat.

02:57:22Source

Rep. Presley C. De Jesus

asr-002642

Is that the

02:57:23Source

Rep. Presley C. De Jesus

asr-002643

maximum

02:57:23Source

Rep. Presley C. De Jesus

asr-002644

penalty

02:57:25Source

Rep. Presley C. De Jesus

asr-002645

that you're

02:57:26Source

Rep. Presley C. De Jesus

asr-002646

given to a

02:57:27Source

Rep. Presley C. De Jesus

asr-002647

violator?

02:57:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002648

Your Honor,

02:57:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002649

Salamat po sa katanungan, Congressman De Jesus.

02:57:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002650

Jesus,

02:57:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002651

it is not

02:57:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002652

the maximum.

02:57:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002653

It is the

02:57:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002654

first offense

02:57:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002655

penalty.

02:57:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002656

If they are

02:57:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002657

caught

02:57:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002658

second time,

02:57:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002659

they are

02:57:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002660

suspended.

02:57:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002661

Their license

02:57:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002662

is suspended.

02:57:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002663

And if they're

02:57:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002664

caught on a

02:57:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002665

third time,

02:57:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002666

their license

02:57:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002667

will be

02:57:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002668

canceled.

02:57:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002669

With regard

02:57:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002670

to your

02:57:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002671

concern,

02:57:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002672

the economy

02:57:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002673

is of scale,

02:57:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002674

we have seen

02:57:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002675

that.

02:57:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002676

Kaya,

02:57:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002677

yung nagpupulis

02:57:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002678

po

02:57:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002679

ng mga billboard

02:57:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002680

na ito

02:57:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002681

ay aktibo,

02:57:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002682

hindi po

02:57:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002683

tatagal

02:58:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002684

ng isang linggo

02:58:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002685

yung ad na yun.

02:58:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002686

Kung sakaling

02:58:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002687

in violation

02:58:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002688

of our

02:58:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002689

structure

02:58:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002690

and rules

02:58:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002691

and guidelines.

02:58:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002692

Ang totoo po,

02:58:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002693

yung

02:58:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002694

binanggit

02:58:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002695

dito kanina

02:58:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002696

ni

02:58:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002697

Congressman

02:58:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002698

Eli

02:58:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002699

San Fernando

02:58:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002700

tungkol sa

02:58:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002701

kay

02:58:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002702

sa isang

02:58:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002703

magaling na

02:58:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002704

endorser

02:58:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002705

na ginamit

02:58:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002706

yung online

02:58:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002707

gaming platform,

02:58:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002708

hindi po tumagal

02:58:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002709

ng ilang araw

02:58:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002710

lang yun.

02:58:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002711

Nahinto na po

02:58:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002712

namin

02:58:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002713

at

02:58:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002714

finign na po

02:58:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002715

namin sila

02:58:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002716

with the

02:58:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002717

warning

02:58:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002718

that if this

02:58:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002719

happens again,

02:58:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002720

their license

02:58:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002721

will be suspended.

02:58:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002722

So,

02:58:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002723

kumbaga,

02:58:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002724

due process din po

02:58:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002725

ang kailangan.

02:58:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002726

Kaya,

02:58:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002727

at gusto ko rin pong

02:58:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002728

ipagbigay alam

02:58:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002729

sa inyo,

02:58:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002730

kaya,

02:58:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002731

Congressman De Jesus,

02:58:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002732

Congressman

02:58:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002733

de Jesus,

02:58:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002734

na dati po yung

02:58:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002735

fine was only

02:58:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002736

P50,000 eh.

02:58:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002737

So,

02:58:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002738

yung pong

02:58:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002739

pagpapalit namin

02:58:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002740

dahil sa pag

02:59:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002741

kakalibrate din

02:59:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002742

ng aming

02:59:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002743

rules and regulations,

02:59:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002744

ginawa na po namin

02:59:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002745

1 million

02:59:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002746

first offense

02:59:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002747

pa lamang.

02:59:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002748

So,

02:59:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002749

tulad po

02:59:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002750

ng ano eh,

02:59:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002751

dapat

02:59:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002752

bigyan natin

02:59:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002753

ng

02:59:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002754

due process

02:59:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002755

din po

02:59:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002756

yung ating

02:59:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002757

mga licenses.

02:59:22Source

Rep. Presley C. De Jesus

asr-002758

Thank you,

02:59:22Source

Rep. Presley C. De Jesus

asr-002759

Madam Chair.

02:59:23Source

Rep. Presley C. De Jesus

asr-002760

My next question,

02:59:24Source

Rep. Presley C. De Jesus

asr-002761

Madam Chair,

02:59:25Source

Rep. Presley C. De Jesus

asr-002762

is,

02:59:25Source

Rep. Presley C. De Jesus

asr-002763

can you enlighten us

02:59:26Source

Rep. Presley C. De Jesus

asr-002764

about the gaming

02:59:28Source

Rep. Presley C. De Jesus

asr-002765

system administrator?

02:59:30Source

Rep. Presley C. De Jesus

asr-002766

Ano ba ito?

02:59:30Source

Rep. Presley C. De Jesus

asr-002767

Ito,

02:59:31Source

Rep. Presley C. De Jesus

asr-002768

is it about

02:59:33Source

Rep. Presley C. De Jesus

asr-002769

illegal

02:59:34Source

Rep. Presley C. De Jesus

asr-002770

mga online?

02:59:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002771

Your Honor,

02:59:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002772

Congressman de Jesus,

02:59:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002773

yun po yung

02:59:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002774

licensed

02:59:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002775

online gaming

02:59:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002776

operator.

02:59:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002777

When you have

02:59:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002778

a license

02:59:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002779

to operate

02:59:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002780

an online

02:59:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002781

gaming

02:59:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002782

company,

02:59:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002783

you are

02:59:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002784

considered

02:59:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002785

as a

02:59:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002788

either as a GSA or Gaming Service Administrator.

02:59:59Source

Rep. Presley C. De Jesus

asr-002789

So, how many of them, Madam Chair?

03:00:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002790

Today, Your Honor, at its peak, we had 74.

03:00:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002791

But as of today, we are down to 48, Your Honor.

03:00:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002792

What happened? May violations nila? Suspended?

03:00:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002793

Meron na pong suspended, meron na pong natanggalan ng lisensya,

03:00:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002794

at meron na rin pong nag-surrender ng kanilang lisensya, Your Honor.

03:00:27Source

Rep. Presley C. De Jesus

asr-002795

Are they local o may foreign din bang mga?

03:00:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002796

Yung lahat pong nangyon, mga 98% po are local.

03:00:39Source

Rep. Presley C. De Jesus

asr-002797

So, local. So, what's the reason why they surrendered? Because they're losing money?

03:00:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002798

They surrendered because they're losing money, yes.

03:00:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002799

For your information, Your Honor,

03:00:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002800

Congressman De Jesus,

03:00:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002801

kung saan hindi na po pwede gawain nagpaparada ka lang ng lisensya

03:01:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002802

or wala kang ginagawa sa lisensya mo, effective po nung July 1.

03:01:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002803

Meron na pong minimum na 9 million pesos na minimum guarantee fee

03:01:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002804

ang ini-impose ng PAGCOR.

03:01:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002805

And then, ang BIR naman po may karagdagang 5%.

03:01:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002806

So, kung ikaw po ay isang GSA, meron ka na pong minimum na dapat bayaran na 10.5 million pesos.

03:01:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002807

9 million sa PAGCOR and 1.5 million po sa Bureau of Internal Revenue.

03:01:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002808

So, yung mga dormant po or yung mga nag-iintay lang na may balak na magbenta or whatever,

03:01:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002809

eh wala namang activity pa sa pangkasalukuyan, napakabigat po.

03:01:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002810

Kung sila yung maglalabas ng 10.5 million pesos sa month,

03:01:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002811

meron na rin pong ilan na nag-surrender na po ng kanilang lisensya.

03:01:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002812

And this for me is a very good program para po ma-rationalize

03:02:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002813

tsaka ma-stabilize na natin yung online gaming industry natin.

03:02:15Source

Rep. Presley C. De Jesus

asr-002814

You answered my next question about those mga dormant, no?

03:02:19Source

Rep. Presley C. De Jesus

asr-002815

Kasi walang pinagkaiba yan.

03:02:20Source

Rep. Presley C. De Jesus

asr-002816

Sa Department of Energy, tinatawag namin service contract.

03:02:23Source

Rep. Presley C. De Jesus

asr-002817

Bibili lang sila, maghihintay sila ng buyer.

03:02:26Source

Rep. Presley C. De Jesus

asr-002818

So, in your case, wala nang ganun.

03:02:28Source

Rep. Presley C. De Jesus

asr-002819

You can assure ya, Chairman?

03:02:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002820

Well, Your Honor, Congressman, I cannot claim that hindi na po mangyayari.

03:02:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002821

Pero ang malaking deterrent po talaga eh yung namumuhunan sila ng karagdagan.

03:02:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002822

10.5 ng 10.5 billion, medyo mabigat din po yun kung talagang wala kayong ginagawa.

03:02:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002823

At ang totoo po,

03:02:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002824

naging feedback po namin bigla ngayon, wala na po halos nagbebenta.

03:02:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002825

Magsusurrender na lang po sila ng lisensya.

03:02:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002826

So, yan po ay isang programang ipinatupad po ng inyong lingkod nitong ika-isa ng Hulyo nitong taong ito.

03:03:05Source

Rep. Presley C. De Jesus

asr-002827

Thank you, Mr. Chair.

03:03:06Source

Rep. Presley C. De Jesus

asr-002828

Going to my next question.

03:03:08Source

Rep. Presley C. De Jesus

asr-002829

Under your corporate mandate, nakalagay dito, number one,

03:03:12Source

Rep. Presley C. De Jesus

asr-002830

regulate, operate, authorize, and license games of chance.

03:03:17Source

Rep. Presley C. De Jesus

asr-002831

Cards and numbers, particularly casino gaming in the Philippines.

03:03:22Source

Rep. Presley C. De Jesus

asr-002832

So, ano itong, when you say games of chance, ano mga under neto?

03:03:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002833

Well, ang totoo po, ang na-under lang dyan, na inabutan ko na po,

03:03:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002834

ay yun talagang casino games, tsaka po itong online gaming.

03:03:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002835

Pero pagdating po sa horse racing, under po yan sa gab.

03:03:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002836

Cock fighting, under po yan sa gab.

03:03:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002837

Yung isa po palang nawala rin.

03:03:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002838

Namin, nadating nan dyan, ay yung pong online sabong.

03:03:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002839

Halimbawa, so games of chance po na-classify, pero nawala na rin po yan.

03:03:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002840

So, sa pangkasalukuyan po, yung in reference to games of chance,

03:04:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002841

ang tinutukoy po dyan ay mga casino games at yung online gaming games.

03:04:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002842

So, casino games and online gaming.

03:04:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002843

Hindi yung kagay sinabi mo yung horse racing, that's under gab.

03:04:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002844

Hindi po.

03:04:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002845

Nasa gab po ang horse racing, tsaka meron po yung Philippine Racing Commission.

03:04:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002846

Tapos, yung pong ibang cock fighting, sa gab din po yan, wala po sa PAGCOR.

03:04:26Source

Rep. Presley C. De Jesus

asr-002847

Okay. So, anything, basta sa inyo, online.

03:04:29Source

Rep. Presley C. De Jesus

asr-002848

So, we need to depreciate.

03:04:30Source

Rep. Presley C. De Jesus

asr-002849

Online and yung pong games of chance, yung casino games.

03:04:32Source

Rep. Presley C. De Jesus

asr-002850

Yung pong nakikita natin sa mga land-based casinos natin.

03:04:36Source

Rep. Presley C. De Jesus

asr-002851

So, anything land-based casino, under casino property nila,

03:04:41Source

Rep. Presley C. De Jesus

asr-002852

plus online games.

03:04:43Source

Rep. Presley C. De Jesus

asr-002853

So, online gaming is under PAGCOR.

03:04:45Source

Rep. Presley C. De Jesus

asr-002854

Tama ba yan?

03:04:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002855

Yes.

03:04:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002856

Your Honor, tama po kayo.

03:04:48Source

Rep. Presley C. De Jesus

asr-002857

Okay. Thank you, Madam Chair.

03:04:50Source

Rep. Presley C. De Jesus

asr-002858

And again, I would like to reiterate my point that I raised a clarificatory question ago

03:04:55Source

Rep. Presley C. De Jesus

asr-002859

about the budget, no, that being taken away from PAGCOR

03:05:01Source

Rep. Presley C. De Jesus

asr-002860

vis-a-vis to Philippine Sports Commission na dapat ibalik sa inyo.

03:05:07Source

Rep. Presley C. De Jesus

asr-002861

Kasi ang dami nyo natutulungan, sa totoo lang.

03:05:09Source

Rep. Presley C. De Jesus

asr-002862

Again, thank you.

03:05:10Source

Rep. Presley C. De Jesus

asr-002863

Madam Chair, thank you, PAGCOR family.

03:05:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002864

Salamat din po, Your Honor.

03:05:14Source

Rep. Mikaela Angela B. Suansing

asr-002865

Thank you very much, Chairman Tengco.

03:05:17Source

Rep. Mikaela Angela B. Suansing

asr-002866

Thank you so much, Representative Presley De Jesus.

03:05:26Source

Rep. Mikaela Angela B. Suansing

asr-002867

We'll now move to our next interpellator from the majority.

03:05:29Source

Rep. Mikaela Angela B. Suansing

asr-002868

We have two, but they don't seem to be here in the room.

03:05:33Source

Rep. Mikaela Angela B. Suansing

asr-002869

Representative Brian Poe.

03:05:36Source

Rep. Mikaela Angela B. Suansing

asr-002870

Ah, okay. Sorry, Brian. I didn't see you.

03:05:39Source

Rep. Mikaela Angela B. Suansing

asr-002871

Nakabalik na pala.

03:05:41Source

Rep. Mikaela Angela B. Suansing

asr-002872

Next, from the minority, Representative Brian Poe.

03:05:46Source

Rep. Brian Poe

asr-002873

Thank you, Madam Chair.

03:05:47Source

Rep. Brian Poe

asr-002874

My apologies. Majority. From the majority, Representative Brian Poe.

03:05:50Source

Rep. Brian Poe

asr-002875

Thank you.

03:05:52Source

Rep. Brian Poe

asr-002876

So, first and foremost, Madam Chair, I just want to thank the PAGCOR chairman

03:05:57Source

Rep. Brian Poe

asr-002877

because immediately after our previous hearing,

03:06:00Source

Rep. Brian Poe

asr-002878

44 out of the 52 illegal websites that we mentioned were immediately taken down.

03:06:07Source

Rep. Brian Poe

asr-002879

However, Madam Chair, I'd like to bring up that some of these sites are now accessible again.

03:06:14Source

Rep. Brian Poe

asr-002880

So, I have a list.

03:06:15Source

Rep. Brian Poe

asr-002881

I have a list here of the websites which you can still access via the computer.

03:06:21Source

Rep. Brian Poe

asr-002882

My team is pulling it up on the laptop so that we can show it to them.

03:06:24Source

Rep. Brian Poe

asr-002883

But to save time, we will submit it to the committee just so that PAGCOR can also follow up on this.

03:06:32Source

Rep. Brian Poe

asr-002884

Aside from that, I also want to point out that PAGCOR, if I'm not mistaken,

03:06:39Source

Rep. Brian Poe

asr-002885

your GRR or Gross Gaming Revenues in 2025,

03:06:45Source

Rep. Brian Poe

asr-002886

is up 6.39% from $372 billion in 2024.

03:06:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002887

So, how much are we looking at in terms of GGR for 2025 again?

03:06:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002888

I think it was mentioned earlier.

03:07:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002889

Are you, Your Honor, are you referring to 2025 or 2026?

03:07:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002890

For 2026.

03:07:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002891

For 2026, there is already a decline for both land-based casinos and online gaming.

03:07:15Source

Rep. Brian Poe

asr-002892

We are looking at about P370 billion pesos.

03:07:22Source

Rep. Brian Poe

asr-002893

P370 billion pesos.

03:07:24Source

Rep. Brian Poe

asr-002894

More or less?

03:07:26Source

Rep. Brian Poe

asr-002895

Sige po.

03:07:27Source

Rep. Brian Poe

asr-002896

If we're looking at P370 billion pesos,

03:07:32Source

Rep. Brian Poe

asr-002897

we're looking at how much in terms of the annual wagering turnover for 2026.

03:07:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002898

So, kumbaga, the gross revenue po that we,

03:07:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002899

are able to get is, yes, sir.

03:07:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002900

As, Your Honor, as gross gaming revenue is defined by total bets, less payouts.

03:07:56Source

Rep. Brian Poe

asr-002901

So, maybe I should say the total wages placed will be in the vicinity of about P3 trillion.

03:08:12Source

Rep. Brian Poe

asr-002902

About P3 trillion pesos, no?

03:08:15Source

Rep. Brian Poe

asr-002903

Okay.

03:08:15Source

Rep. Brian Poe

asr-002904

The reason why I bring this up, Madam Chair,

03:08:18Source

Rep. Brian Poe

asr-002905

is because if there's about P3 trillion pesos that are being wagered per annum,

03:08:25Source

Rep. Brian Poe

asr-002906

and we're getting about P300 plus billion in gross revenue from this,

03:08:31Source

Rep. Brian Poe

asr-002907

can you imagine how much of the undeclared revenue

03:08:35Source

Rep. Brian Poe

asr-002908

or how much of the undeclared annual wagers we're missing out on in terms of government revenue,

03:08:41Source

Rep. Brian Poe

asr-002909

which could go towards government projects, government services?

03:08:45Source

Rep. Brian Poe

asr-002910

And if we look here, for example,

03:08:48Source

Rep. Brian Poe

asr-002911

I just pulled up PopoLive, which is accessible online again.

03:08:54Source

Rep. Brian Poe

asr-002912

Madam Chair, may I ask if PopoLive and these other apps,

03:08:58Source

Rep. Brian Poe

asr-002913

sorry, these other apps and websites from last year were able to secure a gambling license from PAGCOR?

03:09:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002914

Your Honor, I believe we have not issued a license,

03:09:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002915

primarily because we have, since last two years,

03:09:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002916

had a moratorium on licenses.

03:09:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002917

So, I am 100% sure they remain to be part of the illegal operators operating in the Philippines.

03:09:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002918

Madam Chair, so...

03:09:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002919

Your Honor, if you don't mind, I just want to say that

03:09:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002920

I'd like to thank you for recognizing the fact that

03:09:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002921

when you brought out the name,

03:09:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002922

the names of the illegal operators last year,

03:09:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002923

they were pulled down or put up.

03:09:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002924

That was not because of us.

03:09:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002925

We did make the recommendation to the DICT, CICC, and the NTC.

03:10:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002926

Because they are, Your Honor, the ones with the police powers.

03:10:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002927

They are the ones who have the power.

03:10:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002928

We are not...

03:10:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002929

There is nothing to be done but to make a recommendation,

03:10:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002930

to make a recommendation, and to make a recommendation only.

03:10:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002931

So, I just want to give credit where credit is due.

03:10:27Source

Rep. Brian Poe

asr-002932

Because we are the ones who just recommended and just said

03:10:31Source

Rep. Brian Poe

asr-002933

here in these government agencies that these are illegal and their operations must continue.

03:10:38Source

Rep. Brian Poe

asr-002934

Madam Chair, I'd like to thank the PAGCOR chairman for clarifying that until now,

03:10:45Source

Rep. Brian Poe

asr-002935

these apps and these gaming sites do not have a license.

03:10:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002936

Madam Chair, may I ask kung kasama po sa GGR ang revenue galing sa mga apps

03:10:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002937

or yung mga wagers placed on any of these websites or apps?

03:11:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002938

Your Honor, hindi po kasama.

03:11:02Source

Rep. Brian Poe

asr-002939

We only track the GGR of our legal operators or our PAGCOR licenses.

03:11:12Source

Rep. Brian Poe

asr-002940

Madam Chair, I bring this up kasi kung tutuusin itong mga sites na ito,

03:11:16Source

Rep. Brian Poe

asr-002941

hindi sila kasama sa GGR,

03:11:18Source

Rep. Brian Poe

asr-002942

yung GGR natin is already in the billions.

03:11:21Source

Rep. Brian Poe

asr-002943

The total annual wager tracked is estimated at around 3 trillion pesos.

03:11:26Source

Rep. Brian Poe

asr-002944

What more if these apps, these websites were properly tracked or suspended?

03:11:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002945

Kasi kung suspended po sila, then they will only gamble through the legal websites.

03:11:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002946

Tama po ba?

03:11:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002947

So, Mr. Chair, Madam Chair...

03:11:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002948

Yes, you are right, Your Honor.

03:11:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002949

Yun po ang sinasabi ko kanina,

03:11:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002950

na 50% lang po ng industriya ang may lisensya,

03:11:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002951

50% po ay walang lisensya.

03:11:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002952

You can just imagine, Your Honor, Congressman po,

03:11:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002953

what government is losing in terms of potential revenue.

03:12:03Source

Rep. Brian Poe

asr-002954

Kaya talagang, dapat talagang pagtulungan na ating masugpo itong mga illegal na ito.

03:12:10Source

Rep. Brian Poe

asr-002955

Malaki po, nawawala sa atin lahat dyan sa nangyayaring yan, Your Honor.

03:12:15Source

Rep. Brian Poe

asr-002956

Madam Chair, what's important here is during this committee hearing,

03:12:18Source

Rep. Brian Poe

asr-002957

nabanggit po ni Chairman that wala pang na-issue na bago na lisensya because there's a moratorium.

03:12:26Source

Rep. Brian Poe

asr-002958

50% lang ang nakukuha natin na revenue.

03:12:30Source

Rep. Brian Poe

asr-002959

Instead, we could be doubling the government revenue that we could possibly get from this to put into programs.

03:12:36Source

Rep. Brian Poe

asr-002960

Madam Chair, moving on quickly to my next set of questions.

03:12:40Source

Rep. Brian Poe

asr-002961

Madam Chair, PAGCOR pointed out that there are many,

03:12:43Source

Rep. Brian Poe

asr-002962

there are many nation building programs.

03:12:45Source

Rep. Brian Poe

asr-002963

Kumbaga, they have the school building program,

03:12:49Source

Rep. Brian Poe

asr-002964

they have the patient transport vehicles which they have donated,

03:12:53Source

Rep. Brian Poe

asr-002965

relief ops that they have conducted,

03:12:55Source

Rep. Brian Poe

asr-002966

and other, a medical center even that they've inaugurated.

03:13:00Source

Rep. Brian Poe

asr-002967

Pero gusto kong magtanong kung meron po silang donations or funding po para sa mental health services para sa mga gambling addicts po.

03:13:12Source

Rep. Brian Poe

asr-002968

Kasi kung tutuusin itong mga working class citizens po natin na nagiging biktima po ng online gaming

03:13:19Source

Rep. Brian Poe

asr-002969

and naging addict po,

03:13:21Source

Rep. Brian Poe

asr-002970

naghahanap ng solusyon ng paraan para iwasan itong gambling habit nila.

03:13:28Source

Rep. Brian Poe

asr-002971

And I was hoping that PAGCOR might have some mental health programs that they are funding or that they are supporting

03:13:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002972

so that it could be free for our constituents

03:13:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002973

who can't afford mental health services.

03:13:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002974

Meron po ba, Mr. Chair?

03:13:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002975

Your Honor, Congressman po.

03:13:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002976

That is part of our responsible gaming programs.

03:13:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002977

As I had mentioned, we have our partner, Seagulls Flock Foundation.

03:13:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002978

And sila po ay, sila ang nagpapatakbo ng 24-7 call center na sumasagot sa mga may problema

03:14:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002979

sa paglalaro.

03:14:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002980

At tulad ng ipinangako ko kanina, magsusumiti po kami ng report sa committee nito

03:14:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002981

para mapakita kung ilan na po yung ating mga natulungan tungkol sa mga himihingi ng tulong dahil sila ay,

03:14:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002982

meron na, nalululunan sila sa pagsusugal.

03:14:33Source

Rep. Brian Poe

asr-002983

We will do that and we will submit to the committee.

03:14:38Source

Rep. Brian Poe

asr-002984

So that it can be disseminated to all our, to the members of the committee.

03:14:44Source

Rep. Brian Poe

asr-002985

Madam Chair, I'd like to request for a copy of those programs, the number of people.

03:14:49Source

Rep. Brian Poe

asr-002986

the number of people who have been helped, how much funding has gone into it,

03:14:53Source

Rep. Brian Poe

asr-002987

kasi importante at mahalaga po ito.

03:14:55Source

Rep. Brian Poe

asr-002988

Tulad ng sinabi ni Rep. Elie earlier,

03:14:58Source

Rep. Brian Poe

asr-002989

we do have a gambling addiction problem here in this country that we want to address.

03:15:04Source

Rep. Brian Poe

asr-002990

We want it to be responsible, we want it to be well-managed,

03:15:07Source

Rep. Brian Poe

asr-002991

but we also want people to have options para kung gusto nila tigilin tong habit na to,

03:15:13Source

Rep. Brian Poe

asr-002992

pwede naman sila mag-seek ng help galing sa gobyerno po.

03:15:18Source

Rep. Brian Poe

asr-002993

So, further, I just want to ask also, Madam Chair,

03:15:21Source

Rep. Brian Poe

asr-002994

if PAGCOR, given all of its efforts with law enforcement,

03:15:27Source

Rep. Brian Poe

asr-002995

is only able to address 50% of the gambling that takes place in this country,

03:15:33Source

Rep. Brian Poe

asr-002996

what programs or what, I guess, facilities in CICC, DICT,

03:15:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002997

can we add funding to or can we strengthen

03:15:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002998

in order to...

03:15:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-002999

in order for us to address all this illegal online gaming?

03:15:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003000

Your Honor, in our discussions since last year with DICT,

03:15:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003001

headed by Secretary Henry Aguda,

03:16:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003002

and CICC, headed by ASEC Aboy Paraíso,

03:16:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003003

there are certain tools that they need to procure.

03:16:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003004

In fact,

03:16:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003005

it has already been identified

03:16:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003006

ang nagiging problema po kasi,

03:16:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003007

Your Honor, Congressman po,

03:16:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003008

talagang because of the advances of technology,

03:16:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003009

talagang lahat makina na eh.

03:16:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003010

So, I think they're in the process now of procuring

03:16:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003011

or about to procure equipment that can track

03:16:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003012

those that are using VPNs to shadow their presence.

03:16:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003013

And,

03:16:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003014

I think that is what they will be lobbying for sa Kongreso.

03:16:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003015

So, as I mentioned earlier,

03:16:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003016

hindi ko po maaaring pakialaman yung kanilang teritoryo.

03:17:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003017

Kami po ay rekomendatory sa kanila.

03:17:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003018

And, I can say one thing.

03:17:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003019

The last year, our collaboration with DICT,

03:17:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003020

between DICT, CICC, NTC and PAGCOR,

03:17:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003021

has

03:17:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003022

really been so good na we continue to close so many illegal sites.

03:17:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003023

Unfortunately, kung anong bilis ng pagsasara,

03:17:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003024

ganon din bilis ang pagbubukas nila muli because of so many things that they can do.

03:17:36Source

Rep. Brian Poe

asr-003025

So, that's it. That's my answer to your question, Your Honor, Kong.

03:17:41Source

Rep. Brian Poe

asr-003026

Thank you. Madam Chair, if I may, just a quick anecdote about that.

03:17:46Source

Rep. Brian Poe

asr-003027

I want to note the efforts of the NBI, CICC, and PAGCOR because I've actually joined them po sa mga raids nila.

03:17:55Source

Rep. Brian Poe

asr-003028

And I see the effort that they're putting into it.

03:17:58Source

Rep. Brian Poe

asr-003029

But the reason why I bring up this question is because could we have a list from PAGCOR

03:18:03Source

Rep. Brian Poe

asr-003030

kung ano yung mga equipment na kailangan i-procure ng CICC at ibang law enforcement at magkano po?

03:18:10Source

Rep. Brian Poe

asr-003031

Kasi I want to see how much it will cost versus how much revenue we would be able to,

03:18:15Source

Rep. Brian Poe

asr-003032

how much revenue we would be able to generate from properly monitoring.

03:18:18Source

Rep. Brian Poe

asr-003033

Kung meron po tayong projection na kung meron tayong ganitong klaseng equipment,

03:18:23Source

Rep. Brian Poe

asr-003034

we will be able to increase the number of websites that we're able to monitor and take down, etc.,

03:18:30Source

Rep. Brian Poe

asr-003035

how much we would be able to generate in revenue if we have proper policing through these machineries and technologies.

03:18:38Source

Rep. Brian Poe

asr-003036

Madam Chair, if we make this investment in proper policing,

03:18:42Source

Rep. Brian Poe

asr-003037

maybe we could increase government revenue in the succeeding year.

03:18:45Source

Rep. Brian Poe

asr-003038

At least that's the way I see it.

03:18:47Source

Rep. Brian Poe

asr-003039

Yun lang po. And thank you for the time, Madam Chair.

03:18:50Source

Rep. Mikaela Angela B. Suansing

asr-003040

Thank you, Vice Chair Bryan po.

03:18:52Source

Rep. Mikaela Angela B. Suansing

asr-003041

Actually, I think it's fitting because Vice Chair Bryan po is anyways defending the budget of the DICT.

03:18:57Source

Rep. Mikaela Angela B. Suansing

asr-003042

So you can also pose that same question to the CICC when we deliberate on the budget of DICT.

03:19:04Source

Rep. Mikaela Angela B. Suansing

asr-003043

But very good point.

03:19:06Source

Rep. Mikaela Angela B. Suansing

asr-003044

Sigur po, we'll just wait, Kong Bryan, so we can also share with PAGCOR the websites,

03:19:12Source

Rep. Mikaela Angela B. Suansing

asr-003045

the screenshot of the websites that you've pointed out earlier.

03:19:15Source

Rep. Mikaela Angela B. Suansing

asr-003046

But it's really a matter of enforcement and reinforcement given, as Chair Al was saying,

03:19:21Source

Rep. Mikaela Angela B. Suansing

asr-003047

as soon as those sites are taken down after a while, they go back up again.

03:19:25Source

Rep. Mikaela Angela B. Suansing

asr-003048

So we'll bring it up.

03:19:29Source

Rep. Mikaela Angela B. Suansing

asr-003049

Ikaw naman magpapreside ng DICT budget hearing.

03:19:33Source

Rep. Mikaela Angela B. Suansing

asr-003050

So you can also bring it up with CICC when the time comes.

03:19:37Source

Rep. Mikaela Angela B. Suansing

asr-003051

Thank you. Thank you, Chair Al.

03:19:39Source

Rep. Mikaela Angela B. Suansing

asr-003052

Thank you so much, Vice Chair Bryan po.

03:19:42Source

Rep. Mikaela Angela B. Suansing

asr-003053

We'll now move to the next interpellator.

03:19:45Source

Rep. Mikaela Angela B. Suansing

asr-003054

From the minority, Representative Robert Nazal.

03:19:49Source

Rep. Roberto Nazal

asr-003055

Thank you, Madam Chair.

03:19:51Source

Rep. Roberto Nazal

asr-003056

Good morning.

03:19:54Source

Rep. Roberto Nazal

asr-003057

Good afternoon, Chairman Tengco.

03:20:00Source

Rep. Roberto Nazal

asr-003058

Allow me first to commend PAGCOR and PAGCOR family for its commendable initiatives,

03:20:06Source

Rep. Roberto Nazal

asr-003059

particularly the nationwide school building program and the donation of patient transport vehicles.

03:20:13Source

Rep. Roberto Nazal

asr-003060

These efforts have brought real benefit to many of our communities and we are grateful for that.

03:20:20Source

Rep. Roberto Nazal

asr-003061

If I may, however, raise a small concern.

03:20:25Source

Rep. Roberto Nazal

asr-003062

Mayroon po ako kasing pending request na more than one year na ang anniversary

03:20:34Source

Rep. Roberto Nazal

asr-003063

ng mga wheelchairs and mga ambulances para sa mga constituent natin.

03:20:39Source

Rep. Roberto Nazal

asr-003064

I mentioned this not as a complaint, no?

03:20:42Source

Rep. Roberto Nazal

asr-003065

But simply to ask in the spirit of transparency, may pagkakaiba po ba ang minority ang nag-request?

03:20:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003066

Your Honor, wala pong pagkakaiba.

03:20:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003067

Ang totoo po dun sa PTV, kami po nag-augment lang talaga sa PCSO.

03:21:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003068

At hindi naman talaga naming gawa ay magbigay.

03:21:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003069

Tumulong po kami. Nagpasobra na ng konti.

03:21:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003070

So, yung pong request niyo eh, titinan ko kaagad pagkatapos nito

03:21:14Source

Rep. Roberto Nazal

asr-003071

ng mapatunayan sa inyong wala pong pagkakaiba ang minority at majority

03:21:20Source

Committee/agency brief acknowledgment

asr-003072

pag ang PAGCOR po ang timitiin dito.

03:21:22Source

Rep. Roberto Nazal

asr-003073

Thank you, thank you, Mr. Chair. Salamat po diyan.

03:21:25Source

Rep. Roberto Nazal

asr-003074

So, I will go directly to my questions.

03:21:34Source

Rep. Roberto Nazal

asr-003075

Madam Chair, I would like to clarify the effect of the planned privatization of Casino Filipino

03:21:41Source

Rep. Roberto Nazal

asr-003076

on universal healthcare funding.

03:21:44Source

Rep. Roberto Nazal

asr-003077

In Section 37 of the UHC Act, 50% of the national government share from PAGCOR income

03:21:52Source

Rep. Roberto Nazal

asr-003078

is earmarked for PhilHealth.

03:21:56Source

Rep. Roberto Nazal

asr-003079

Once PAGCOR disposes of its Casino Filipino operations and becomes purely a regulatory body,

03:22:04Source

Rep. Roberto Nazal

asr-003080

what happens to the UHC earmark?

03:22:08Source

Rep. Roberto Nazal

asr-003081

Will the national government share, and therefore yung 50% going to PhilHealth,

03:22:14Source

Rep. Roberto Nazal

asr-003082

due to be computed from PAGCOR's entire gaming-related income,

03:22:19Source

Rep. Roberto Nazal

asr-003083

including regulatory fees and license fee shares from private casinos, e-games, and other licenses?

03:22:28Source

Rep. Roberto Nazal

asr-003084

Or will the legal revenue base covered by the UHC earmark become smaller

03:22:34Source

Rep. Roberto Nazal

asr-003085

once PAGCOR is no longer itself a gaming operator?

03:22:41Source

Rep. Roberto Nazal

asr-003086

Na compute na po ba ng PAGCOR with the deal,

03:22:44Source

Rep. Roberto Nazal

asr-003087

together with the DOF, DBM, and PhilHealth,

03:22:48Source

Rep. Roberto Nazal

asr-003088

na quantify na po ba natin yung UHC contribution before and after privatization?

03:22:54Source

Rep. Roberto Nazal

asr-003089

And if so, can you please give the committee the projected PAGCOR contribution to UHC

03:23:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003090

for 2026, 2027, and 2028, and the first full year after privatization?

03:23:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003091

Thank you for the answer.

03:23:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003093

The question, Your Honor.

03:23:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003094

Yes, na compute na po, at ang totoo po eh,

03:23:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003095

kung meron pong nag-aaral niya ng lubos ngayon,

03:23:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003096

eh yung pong GCG, Governance Commission for GOCCs.

03:23:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003097

Dahil, Your Honor, Congressman Nazal,

03:23:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003098

ang magre-rekomenda po sa tanggapan ng Pangulo ay ang GCG.

03:23:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003099

Ah.

03:23:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003100

Sila po ang magre-rekomenda kung dapat ma-ituloy

03:23:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003101

or dapat matuloy ang decoupling privatization.

03:23:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003102

So, nakita na po namin yan, pinag-aaralan po,

03:23:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003103

miyembro po din ng GCG Commission, ang PAGCOR,

03:24:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003104

ah, ang Secretary of Finance, gayon din po ang Secretary of Budget and Management, DBM.

03:24:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003105

Sila po eh ex-officio members ito.

03:24:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003106

So, maliwanag po na pinag-aaralan po at nakita na po yan.

03:24:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003107

Sa aming pong internal na pag-aaral, nakita po namin na hindi po in the long run,

03:24:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003108

in the medium term, ah, hindi lang po magpapantay, mahigitan pa.

03:24:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003109

Because of the operational efficiency po na mangyayari.

03:24:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003110

Ah.

03:24:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003111

Ah.

03:24:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003112

Your Honor, sa ngayon po kasi, binanggit ko nga kanina eh,

03:24:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003113

napangakin na po ng drug ng karga ng ah, salaries and wages ng empleyado.

03:24:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003114

Gayon din naman po ng halimbawa ay yung ating ah, rentals sa different properties natin.

03:25:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003115

Ah, himigit ko mo lang po, one and a half billion pesos a month ang nagagastos natin dito.

03:25:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003116

Ah.

03:25:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003117

So, kapag nawala po lahat yan, eh, tataas po yung income ng PAGCOR.

03:25:12Source

Rep. Roberto Nazal

asr-003118

And sa huli naman po, may contribution kami na minimum of 50% of our net profit.

03:25:19Source

Rep. Roberto Nazal

asr-003119

So, that will neutralize in the long run yung pong adjustments na mangyayari.

03:25:25Source

Rep. Roberto Nazal

asr-003120

Magkano po ba yung expected revenues natin once ma-privatize?

03:25:28Source

Rep. Roberto Nazal

asr-003121

Ah.

03:25:30Source

Rep. Roberto Nazal

asr-003122

And how much are you projecting will be the share on the first year or the first and second year alone?

03:25:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003123

Opo.

03:25:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003124

Wala po kasi, ah, Your Honor, ah, wala po kasi kaming control.

03:25:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003125

Basta yung amin lang is we remit our share to the national government.

03:25:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003126

And it is the national government that supposedly remits to the PhilHealth or to the Universal Healthcare Fund.

03:25:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003127

Ang liniliwanag ko po kanina pa, we have been updated.

03:26:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003128

Updated po tayo sa remittance.

03:26:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003129

So, nasa sa national treasury na po yung pagbibigay.

03:26:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003130

Kasi meron pong kumisang hindi pagkakaintindihan na kami po ang nagre-remit sa Universal Healthcare Fund.

03:26:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003131

Ang nangyayari po, on a monthly basis, kami po ay nagbibigay sa national treasury.

03:26:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003132

At pagkatapos, obligasyon na rin po at responsibilidad nila ang mag-remit sa Universal Healthcare Fund.

03:26:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003133

So, sa ngayon po, I just want to clarify this, just like I, how I answered earlier, I think you were not present.

03:26:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003134

Wala po kaming control dun sa remittance to the, because ang batas po maliwanag.

03:26:54Source

Rep. Roberto Nazal

asr-003135

Remit your share to the national government and the national government will remit 50% of what you have remitted to the Universal Healthcare Fund.

03:27:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003136

So, what you're saying, Mr. Chair, Madam Chair, is that you have no figures on how much is being remitted to PhilHealth?

03:27:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003137

Well, we, it's not that we do not have figures, we do not have control.

03:27:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003138

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.

03:27:31Source

Rep. Roberto Nazal

asr-003139

That means, following the intent of the law.

03:27:34Source

Rep. Roberto Nazal

asr-003140

Dapat.

03:27:34Source

Rep. Roberto Nazal

asr-003141

25 billion.

03:27:38Source

Rep. Roberto Nazal

asr-003142

Yes.

03:27:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003143

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?

03:27:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003144

Wala ah, hindi na po namin alam yun eh.

03:27:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003145

Sapagkat sabi ko nga, buwanan po, we remit to the national treasury.

03:27:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003146

Yeah.

03:27:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003147

And, the law states, the national treasury or the national government should remit,

03:28:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003148

should remit 50% of what we have remitted to the Universal Healthcare Fund.

03:28:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003149

Now, whether they're remitting or not is beyond our control already.

03:28:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003150

That is what I'm trying to point out, Your Honor.

03:28:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003151

Ah, and that was asked earlier also.

03:28:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003152

So, kasi may akala po sila na diretsyo po kaming nagre-remit sa Universal Healthcare Fund.

03:28:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003153

Hindi po ganon.

03:28:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003154

Ang batas po ay maliwanag.

03:28:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003155

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.

03:28:48Source

Rep. Roberto Nazal

asr-003156

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,

03:29:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003157

income or share ng UHC sa kikitain ng, ah, sa manggagaling po sa privatization?

03:29:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003158

Opo, ah, kami po ay, ah, gumawa na rin ng aming mga sariling computations.

03:29:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003159

I think, ah, may, may certain numbers kami.

03:29:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003160

Pero this we can share with the committee.

03:29:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003161

Maybe the committee can share with you.

03:29:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003162

But, ah, we will forward what we have done internally.

03:29:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003163

But making clear that sa ngayon po, yun ni base lamang sa projections namin after the implementation of the decoupling slash privatization.

03:29:45Source

Committee/agency brief acknowledgment

asr-003164

Your Honor.

03:29:50Source

Rep. Roberto Nazal

asr-003165

Thank you for that, Madam Chair, Mr. Chairman.

03:29:58Source

Rep. Roberto Nazal

asr-003166

Kung magkakaroon po tayo ng transitional revenue habang naglilipat ng operations sa private sector, ang PAGCOR,

03:30:09Source

Rep. Roberto Nazal

asr-003167

ang one-time windfall mula sa privatization ay dapat magsilbing safety cushion para sa UHC.

03:30:17Source

Rep. Roberto Nazal

asr-003168

Since PAGCOR estimates P30 to P50 billion in proceeds from the sale of casino Filipino assets and licenses,

03:30:24Source

Rep. Roberto Nazal

asr-003169

direct UHC collections might experience transition friction.

03:30:30Source

Rep. Roberto Nazal

asr-003170

So, is the Executive willing to commit or does Congress need to legislate a sort of transitional healthcare stabilization fund

03:30:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003171

sourced directly from the privatization proceeds to guarantee that PhilHealth's annual subsidy is protected?

03:30:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003172

Para captured pa rin po yung windfall?

03:30:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003173

Your Honor, we can look into that.

03:30:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003174

As I said earlier in another question, the priority use of the proceeds of the retirement,

03:31:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003175

which is now being trimmed down to about 30 on the high side because of the decline,

03:31:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003176

our priority is being able to pay the retirement of our employees because that, for me,

03:31:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003177

is a commitment to protect the interests of our PAGCOR employees.

03:31:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003178

So, coming from kung magkakaroon po ng difference doon sa proceeds and yung binayad natin sa retirement,

03:31:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003179

then I think that can be considered as a possibility na magkaroon ng cushion fund, as you had mentioned earlier.

03:31:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003180

But I wish to state...

03:31:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003181

that from my standpoint, the priority also for me is being able to pay the retirement benefits

03:31:58Source

Rep. Roberto Nazal

asr-003182

and the special incentive package of those who will be affected by this move to decouple PAGCOR.

03:32:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003183

Magkano po ba yung ano? How much will we spend?

03:32:14Source

Committee/agency brief acknowledgment

asr-003184

To ano?

03:32:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003185

Retirement.

03:32:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003186

Your Honor, you're talking for retirement.

03:32:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003187

Yes.

03:32:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003188

We're looking at about 28 to 30 billion as the money needed for the retirement.

03:32:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003189

Today, we have close to about 12 billion.

03:32:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003190

So, we will be subsidizing coming from the sale.

03:32:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003191

And the difference, as I mentioned, maybe that can be...

03:32:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003193

Thank you for your comments.

03:32:52Source

Rep. Roberto Nazal

asr-003194

And we can study whether that difference can be used as a stabilization fund for the universal healthcare.

03:33:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003195

How much, Madam Chair, is the expected windfall?

03:33:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003196

You're talking from where, Your Honor?

03:33:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003197

From the privatization of...

03:33:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003198

We're looking at about mga 25 to 30 billion po sa pangkasalukuyan.

03:33:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003199

And as I said...

03:33:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003200

As I said, we have a current retirement fund of about 12 billion.

03:33:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003201

So, magkakaroon po ng positive later on, I'm sure, kahit papano.

03:33:33Source

Rep. Roberto Nazal

asr-003202

Because existing...

03:33:35Source

Rep. Roberto Nazal

asr-003203

Currently po, ang retirement fund ay nagkakahalaga ng mga 12 billion pesos cash in bank na po yun.

03:33:42Source

Rep. Roberto Nazal

asr-003204

But after all the expenses, all the retirement benefits and whatever you need to pay,

03:33:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003205

upon completion of the privatization, saan po initially dapat ilalagay yung windfall?

03:33:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003206

Normally po yun.

03:33:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003207

Iri-remit?

03:34:00Source

Rep. Roberto Nazal

asr-003208

That becomes extraordinary income.

03:34:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003209

And that being so, we will be remitting 50% of that later on to the National Treasury.

03:34:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003210

Sana nga po, doon na lang sa kusyon ilagay and i-prioritize natin.

03:34:15Source

Rep. Roberto Nazal

asr-003211

Well, I think, again...

03:34:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003212

So that the UHC is prioritized, hindi po maapektuhan.

03:34:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003216

I'd like to thank you for your suggestion so that we can look into the matter, Your Honor.

03:34:26Source

Rep. Roberto Nazal

asr-003217

Thank you, Mr. Chair.

03:34:27Source

Rep. Roberto Nazal

asr-003218

Thank you to the PAGCOR family.

03:34:29Source

Rep. Roberto Nazal

asr-003219

And please expect your request to be delivered within 48 hours.

03:34:34Source

Rep. Roberto Nazal

asr-003220

Thank you, sir.

03:34:36Source

Rep. Roberto Nazal

asr-003221

Thank you, Mr. Chair.

03:34:39Source

Rep. Mikaela Angela B. Suansing

asr-003222

Thank you very much, Representative Nazal.

03:34:41Source

Rep. Mikaela Angela B. Suansing

asr-003223

As committed by Chair Al, like all the documentary requirements would be provided within 48 hours after the hearing.

03:34:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003224

We will do.

03:34:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003225

We will do that, Chairperson.

03:34:53Source

Rep. Mikaela Angela B. Suansing

asr-003226

Thank you very much, Chairman Albeca.

03:34:54Source

Rep. Mikaela Angela B. Suansing

asr-003227

Thank you, Chairman Al.

03:34:55Source

Rep. Mikaela Angela B. Suansing

asr-003228

Thank you, thank you, Representative Robert Nazal.

03:34:59Source

Rep. Mikaela Angela B. Suansing

asr-003229

We now move to our next interpellator, Representative Julienne “Jam” Baronda, also from the majority.

03:35:11Source

Rep. Julienne "Jam" L. Baronda

asr-003230

Thank you, Madam Chair.

03:35:14Source

Rep. Julienne "Jam" L. Baronda

asr-003231

This is more or less commendation of your accomplished, many things that you have accomplished.

03:35:23Source

Rep. Julienne "Jam" L. Baronda

asr-003232

Indeed, the men and women headed by, of course, our Chairman Tengco of PAGCOR.

03:35:31Source

Rep. Julienne "Jam" L. Baronda

asr-003233

It's not only good in managing PAGCOR, but at the same time, you're a good dancer, a good singer, sir, right?

03:35:45Source

Rep. Julienne "Jam" L. Baronda

asr-003234

So, but I would like to commend all of you for a job well done.

03:35:50Source

Rep. Julienne "Jam" L. Baronda

asr-003235

Despite and in spite the challenges you've been facing.

03:35:55Source

Rep. Julienne "Jam" L. Baronda

asr-003236

And especially with the recent decision of the Supreme Court, this would probably take more than almost 2 billion a year.

03:36:07Source

Rep. Julienne "Jam" L. Baronda

asr-003237

3 billion a year, including your arrears for your almost 33 years.

03:36:14Source

Rep. Julienne "Jam" L. Baronda

asr-003238

Diba?

03:36:16Source

Rep. Julienne "Jam" L. Baronda

asr-003239

So, but with your initiative in partnering with the ICT, I believe you'd be able to.

03:36:26Source

Rep. Julienne "Jam" L. Baronda

asr-003240

Somehow, manage the losses.

03:36:28Source

Rep. Julienne "Jam" L. Baronda

asr-003241

Now, my only concern is, this is about the implementation of universal healthcare, which you've answered earlier.

03:36:40Source

Rep. Julienne "Jam" L. Baronda

asr-003242

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,

03:36:53Source

Rep. Julienne "Jam" L. Baronda

asr-003243

despite this.

03:36:57Source

Rep. Julienne "Jam" L. Baronda

asr-003244

This recent decision of Supreme Court.

03:37:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003245

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.

03:37:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003246

Yes.

03:37:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003247

Ah.

03:37:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003248

Commitment po namin yan.

03:37:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003249

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.

03:37:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003250

To answer your question, Your Honor, Congresswoman Jam, ang nakikita ko pong maliwanag na magaganap ay,

03:37:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003251

kung talaga pong natuloy ang decoupling slash privatization, malaki po ang magiging menos sa gastos ng PAGCOR.

03:38:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003252

Hindi man po ganung kalaki ang magiging revenue kung sakali magtuloy-tuloy itong challenges na mga kinaharap natin sa pangkasalukuyan.

03:38:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003253

Iisa pong maliwanag, liliit po ng malaki ang gastos.

03:38:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003254

5 billion.

03:38:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003255

Sa personal lamang, at sa upa lamang, at sa pagbayad lamang ng utilities,

03:38:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003256

ay in-estimate po namin yan mga 15 billion piso sa isang daon.

03:38:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003257

Ibig sabihin po niyan, yung bottom figure ng PAGCOR ay mananatiling matatag,

03:38:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003258

mananatiling maayos.

03:38:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003259

And dahilan sa automatic na ang batas naman,

03:38:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003260

ay nakasaad doon, 50% ng kita ng PAGCOR ay pupunta sa national government.

03:39:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003261

Sa paniniwala ko po, pag na-stabilize na po ang lahat ng ito,

03:39:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003262

tulad naman ng anong uri ng pagbabago, may tinatawag na period of adjustment.

03:39:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003263

Pero pag naalpasa na po natin itong period of adjustment na ito,

03:39:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003264

natitiya ko po sa inyo, your honor,

03:39:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003265

natitiya.

03:39:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003266

At natitiya ko po sa inyo na magiging matatag po lalo ang financial health ng PAGCOR.

03:39:35Source

Rep. Julienne "Jam" L. Baronda

asr-003267

And that means, protektado po yung nakasaad sa batas na magsishare po tayo sa Universal Healthcare Fund.

03:39:48Source

Rep. Julienne "Jam" L. Baronda

asr-003268

With that, Madam Chair, I believe with the good leadership of Chairman Al,

03:39:53Source

Rep. Julienne "Jam" L. Baronda

asr-003269

we'd be able to deliver what is expected from you.

03:39:57Source

Rep. Julienne "Jam" L. Baronda

asr-003270

I would just like to commend especially your program with Integrated Resorts Foundation in Clark.

03:40:07Source

Rep. Julienne "Jam" L. Baronda

asr-003271

Yes.

03:40:08Source

Rep. Julienne "Jam" L. Baronda

asr-003272

In Western Visayas, Region 6, in Western Visayas Medical Center, it is our specialty hospital.

03:40:16Source

Rep. Julienne "Jam" L. Baronda

asr-003273

And alongside with Center JV, we expanded the hospital bed capacity from 420 to 700.

03:40:24Source

Rep. Julienne "Jam" L. Baronda

asr-003274

So if you've mentioned that POG,

03:40:26Source

Rep. Julienne "Jam" L. Baronda

asr-003275

we're supported with your partnership with the SED Foundation in construction of the Children's Hospital.

03:40:36Source

Rep. Julienne "Jam" L. Baronda

asr-003276

Now we are in need of the equipping of our cancer center at Western Visayas Medical Center.

03:40:45Source

Rep. Julienne "Jam" L. Baronda

asr-003277

If you would also consider helping us, LIAs us, with the Integrated Resorts Foundation.

03:40:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003279

Your honor, Congressman Jam.

03:41:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003280

Sa harapan pong to, kinukumit ko po, kami ay susuporta at magdudonate ng medical equipment dun sa expanded hospital ninyo.

03:41:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003281

Tulad ng ginawa namin dito sa specialty hospital sa Central Luzon,

03:41:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003282

I don't think problema naman na hanggang Western Visayas ay makatulong din kami.

03:41:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003283

So, mangyari...

03:41:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003284

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.

03:41:49Source

Rep. Julienne "Jam" L. Baronda

asr-003285

Umasa po kayo ron?

03:41:50Source

Rep. Julienne "Jam" L. Baronda

asr-003286

Chair, actually parang nabuhayan ako nung nakita ko si former Congresswoman Nialla Aguinaldo.

03:41:56Source

Rep. Julienne "Jam" L. Baronda

asr-003287

I hope she can be of help to us, hindi lang sa akin but buong Pilipinas.

03:42:02Source

Rep. Julienne "Jam" L. Baronda

asr-003288

Actually po, with the recent shooting in Zamboanga, and one of the persons, one of the person involved is may problema.

03:42:18Source

Rep. Julienne "Jam" L. Baronda

asr-003289

Diba, may problema.

03:42:19Source

Rep. Julienne "Jam" L. Baronda

asr-003290

So he needs special care.

03:42:22Source

Rep. Julienne "Jam" L. Baronda

asr-003291

So sa DepEd, especially sa mga spread.

03:42:28Source

Rep. Julienne "Jam" L. Baronda

asr-003292

At ISEC na schools, wala po tayong massive support for children with special needs.

03:42:38Source

Rep. Julienne "Jam" L. Baronda

asr-003293

Baka pwede nyo po makonsider kasi really need your support, especially by providing equipment in their respective schools at the same time building.

03:42:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003294

Kasi iba ang requirement ng children.

03:42:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003295

With special needs.

03:42:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003296

Baka makonsider nyo ito, Mr. Chair.

03:43:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003297

Again, it's a laudable project.

03:43:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003298

So definitely, Your Honor, Congresswoman Jam, we will be considering this.

03:43:16Source

Rep. Julienne "Jam" L. Baronda

asr-003299

And may I suggest that it form part of the agenda in our meeting with former Congresswoman Nialla Aguinaldo.

03:43:25Source

Rep. Julienne "Jam" L. Baronda

asr-003300

Thank you po.

03:43:26Source

Rep. Julienne "Jam" L. Baronda

asr-003301

I will coordinate with Secretary Angara.

03:43:29Source

Rep. Julienne "Jam" L. Baronda

asr-003302

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.

03:43:43Source

Rep. Julienne "Jam" L. Baronda

asr-003303

Lastly po, please know that I would always be very supportive of the programming endeavor of PAGCOR.

03:43:51Source

Rep. Julienne "Jam" L. Baronda

asr-003304

And I would like also to commend PAGCOR for having this PAGCOR Dakila Awards for...

03:43:59Source

Rep. Julienne "Jam" L. Baronda

asr-003305

Women in every Women's Month.

03:44:02Source

Rep. Julienne "Jam" L. Baronda

asr-003306

And last year, you've awarded several women in power because of their services.

03:44:10Source

Rep. Julienne "Jam" L. Baronda

asr-003307

Ang tanong ko lang po, kung ano ang mga requirements, ano po yung mga indicators for us to give awards for different...

03:44:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003308

Public servants, not only the local, but also in the national level.

03:44:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003309

Opo, ma'am, actually it's a program extended or implemented because of the requirements of the GAD law.

03:44:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003310

And I'm...

03:44:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003311

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.

03:45:13Source

Rep. Julienne "Jam" L. Baronda

asr-003312

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.

03:45:31Source

Rep. Julienne "Jam" L. Baronda

asr-003313

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.

03:45:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003314

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.

03:46:12Source

Rep. Julienne "Jam" L. Baronda

asr-003315

Thank you so much.

03:46:13Source

Rep. Julienne "Jam" L. Baronda

asr-003316

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.

03:46:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003317

Thank you, your honor.

03:46:45Source

Rep. Mikaela Angela B. Suansing

asr-003318

Thank you, Representative Jam Baronda. Next to interpellate from the minority, Representative Bong Suntay.

03:46:51Source

Rep. Jesus "Bong" C. Suntay

asr-003319

Thank you very much, Madam Chair.

03:47:23Source

Rep. Jesus "Bong" C. Suntay

asr-003320

Thank you very much, sir.

03:47:33Source

Rep. Jesus "Bong" C. Suntay

asr-003322

So, the earnings of PAGCOR come from casino funds.

03:47:44Source

Rep. Jesus "Bong" C. Suntay

asr-003323

Filipino operations, licensed casinos, digital gaming, e-games, and non-gaming income.

03:47:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003324

Now, when it comes to casino Filipino operations, because the data that I have is past 2024,

03:48:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003325

how much is the income of PAGCOR from casino Filipino operations for 2026?

03:48:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003326

For 2026, we're projecting gross gaming revenue to be down to about Php 10 billion.

03:48:17Source

Rep. Jesus "Bong" C. Suntay

asr-003327

So from Php 12.6 million in 2024, now it's Php 10 billion?

03:48:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003328

That's high. I project to hit between Php 9 billion and Php 10 billion only.

03:48:28Source

Rep. Jesus "Bong" C. Suntay

asr-003329

Now, how much is the income of casino Filipino operations?

03:48:32Source

Rep. Jesus "Bong" C. Suntay

asr-003330

I think it's 38 billion.

03:48:35Source

Rep. Jesus "Bong" C. Suntay

asr-003331

38?

03:48:36Source

Rep. Jesus "Bong" C. Suntay

asr-003332

38?

03:48:36Source

Rep. Jesus "Bong" C. Suntay

asr-003333

Can you get it?

03:48:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003334

We will be sending also the committee to the casino Filipino list of our casino Filipino properties.

03:48:50Source

Rep. Jesus "Bong" C. Suntay

asr-003335

Now, and with regards to the licensed casino operations, how much was the revenue for 2026?

03:48:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003336

Projected revenue for 2026?

03:49:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003337

Projected revenue for 2026 of licensed casinos excluding casino Filipino.

03:49:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003338

No, the licensed one.

03:49:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003339

It's the private one.

03:49:11Source

Rep. Jesus "Bong" C. Suntay

asr-003340

We're looking at about Php 31, Php 31.5 billion.

03:49:15Source

Rep. Jesus "Bong" C. Suntay

asr-003341

Php 31.5. So it's also down from Php 33 in 2024.

03:49:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003342

Yes, sir. Yes, Your Honor. Sorry.

03:49:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003343

Now, for digital, can I also have a list of our private casinos and the respective revenues coming from each?

03:49:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003344

Yes, what Your Honor, we can do is send the committee.

03:49:34Source

Rep. Jesus "Bong" C. Suntay

asr-003345

We can send the committee a complete list in detail of our revenue coming from licensed casinos, from casino Filipino, and from online gaming.

03:49:46Source

Rep. Jesus "Bong" C. Suntay

asr-003346

Okay.

03:49:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003347

These are the three major revenue drivers of PAGCOR today, Your Honor.

03:49:52Source

Rep. Jesus "Bong" C. Suntay

asr-003348

Okay. Now, for digital e-games, how much is the projected revenue for 2026?

03:49:59Source

Rep. Jesus "Bong" C. Suntay

asr-003349

The projected revenue for 2026 is Php 38 billion.

03:50:04Source

Rep. Jesus "Bong" C. Suntay

asr-003350

Php 38 to 40 billion.

03:50:06Source

Rep. Jesus "Bong" C. Suntay

asr-003351

Php 38 to 40 billion.

03:50:08Source

Rep. Jesus "Bong" C. Suntay

asr-003352

But the highest revenue generator would now be digital e-games.

03:50:15Source

Rep. Jesus "Bong" C. Suntay

asr-003353

Although as I have already mentioned earlier, now the trend is that licensed casinos are gradually surpassing online gaming.

03:50:27Source

Rep. Jesus "Bong" C. Suntay

asr-003354

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?

03:50:42Source

Rep. Jesus "Bong" C. Suntay

asr-003357

Actually, sa amin pong pag-aaral, it is both plus and minus.

03:50:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003357-split-2

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.

03:51:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003358

If online gaming does not come, the problem of PAGCOR in the present is already big.

03:51:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003358-split-2

But a minus because I'm concerned that the big licensees are also seeing a decline in revenue.

03:51:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003359

It's just one full circle.

03:51:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003360

There's a time when it's really low, there's a time when it's going to rise again.

03:51:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003361

Like what we all saw, when we had a problem with COVID, when we had the pandemic,

03:51:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003362

the income of licensed casinos really increased.

03:52:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003363

But when it recovered, it rebelled.

03:52:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003364

The revenue of this really increased.

03:52:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003365

Now, because of all these problems we are encountering,

03:52:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003366

the Middle East crisis, the economic backlash in the world,

03:52:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003367

it looks like the revenue of licensed casinos is going to drop.

03:52:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003368

But like the historical data I'm reading,

03:52:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003369

all the 40, almost 45 years of PAGCOR,

03:52:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003370

its revenue really has a cycle.

03:52:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003371

However, we can't really avoid not accepting online gaming

03:52:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003372

because digital advances in technology are already dictating.

03:52:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003373

Plus, the whole world, including the United Arab Emirates,

03:53:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003374

can you imagine, will already be given a license by 2027.

03:53:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003375

For online gaming.

03:53:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003376

The countries in Europe, there are already a lot of people announcing that they will also be given a license for online gaming.

03:53:15Source

Rep. Jesus "Bong" C. Suntay

asr-003377

So, if we don't worry about this and just let it go,

03:53:21Source

Rep. Jesus "Bong" C. Suntay

asr-003378

there's a lot of loss in our revenue for our government.

03:53:26Source

Rep. Jesus "Bong" C. Suntay

asr-003379

Your Honor.

03:53:27Source

Rep. Jesus "Bong" C. Suntay

asr-003380

I have a question.

03:53:29Source

Rep. Jesus "Bong" C. Suntay

asr-003381

Because while the concern of others,

03:53:32Source

Rep. Jesus "Bong" C. Suntay

asr-003382

while their concern is the dwindling revenue,

03:53:35Source

Rep. Jesus "Bong" C. Suntay

asr-003383

the dwindling revenue of PAGCOR,

03:53:37Source

Rep. Jesus "Bong" C. Suntay

asr-003384

my concern is different.

03:53:39Source

Rep. Jesus "Bong" C. Suntay

asr-003385

Where will the revenue of PAGCOR come from?

03:53:44Source

Rep. Jesus "Bong" C. Suntay

asr-003386

Because, as you mentioned earlier,

03:53:48Source

Rep. Jesus "Bong" C. Suntay

asr-003387

online gaming is increasing.

03:53:50Source

Rep. Jesus "Bong" C. Suntay

asr-003388

You also mentioned earlier, Chairman Al,

03:53:53Source

Rep. Jesus "Bong" C. Suntay

asr-003389

that usually, the one who plays online games comes from CDE.

03:53:58Source

Rep. Jesus "Bong" C. Suntay

asr-003390

So, it means, that's where the money will come from.

03:54:02Source

Rep. Jesus "Bong" C. Suntay

asr-003391

And then we are spending, well, you are giving,

03:54:06Source

Rep. Jesus "Bong" C. Suntay

asr-003393

what?

03:54:07Source

Rep. Jesus "Bong" C. Suntay

asr-003394

How much did you give for the share for the social programs of the President?

03:54:16Source

Rep. Jesus "Bong" C. Suntay

asr-003395

And also, the one you are using for social outreach?

03:54:21Source

Rep. Jesus "Bong" C. Suntay

asr-003396

How many percent?

03:54:23Source

Rep. Jesus "Bong" C. Suntay

asr-003397

How many billion?

03:54:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003398

A billion for social outreach.

03:54:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003399

Maybe in one year, there will be a decrease of about 15 million.

03:54:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003401

15 to 18 billion.

03:54:36Source

Rep. Jesus "Bong" C. Suntay

asr-003402

15 to 18 billion.

03:54:38Source

Rep. Jesus "Bong" C. Suntay

asr-003403

So, isn't it ironic that the one who is in charge of online gaming

03:54:44Source

Rep. Jesus "Bong" C. Suntay

asr-003404

is getting money from CDE,

03:54:47Source

Rep. Jesus "Bong" C. Suntay

asr-003405

and then we will release money for social projects

03:54:53Source

Rep. Jesus "Bong" C. Suntay

asr-003406

in the amount of about 18 billion,

03:54:55Source

Rep. Jesus "Bong" C. Suntay

asr-003407

not to mention the President's Social Fund also,

03:55:00Source

Rep. Jesus "Bong" C. Suntay

asr-003408

which is also being used there,

03:55:02Source

Rep. Jesus "Bong" C. Suntay

asr-003409

also to help the CDE.

03:55:04Source

Rep. Jesus "Bong" C. Suntay

asr-003410

The people who are also getting money,

03:55:08Source

Rep. Jesus "Bong" C. Suntay

asr-003411

the same class of people,

03:55:09Source

Rep. Jesus "Bong" C. Suntay

asr-003412

where the money is also coming from.

03:55:12Source

Rep. Jesus "Bong" C. Suntay

asr-003413

That's why, that's the cause of my concern.

03:55:15Source

Rep. Jesus "Bong" C. Suntay

asr-003414

Because fundamentally, the architectural framework of online gaming is different.

03:55:24Source

Rep. Jesus "Bong" C. Suntay

asr-003415

Unlike physical casinos, there are also physical barriers.

03:55:31Source

Rep. Jesus "Bong" C. Suntay

asr-003416

Before you can enter,

03:55:33Source

Rep. Jesus "Bong" C. Suntay

asr-003417

you will see if you are young, if you are poor, if you have money,

03:55:38Source

Rep. Jesus "Bong" C. Suntay

asr-003418

unlike online gaming.

03:55:42Source

Rep. Jesus "Bong" C. Suntay

asr-003419

In fact, this was the same question that I asked PAGCOR during the 18th Congress,

03:55:46Source

Rep. Jesus "Bong" C. Suntay

asr-003420

when they allowed E-Sabong.

03:55:49Source

Rep. Jesus "Bong" C. Suntay

asr-003421

I could not understand why,

03:55:51Source

Rep. Jesus "Bong" C. Suntay

asr-003422

during the time when the economy was closed,

03:55:55Source

Rep. Jesus "Bong" C. Suntay

asr-003423

there was a lockdown,

03:55:57Source

Rep. Jesus "Bong" C. Suntay

asr-003424

the Filipinos were unable to work,

03:56:01Source

Rep. Jesus "Bong" C. Suntay

asr-003425

the government allowed the program,

03:56:03Source

Rep. Jesus "Bong" C. Suntay

asr-003426

the government allowed the proliferation of E-Sabong.

03:56:09Source

Rep. Jesus "Bong" C. Suntay

asr-003427

The security guards, the children, the people without money.

03:56:14Source

Rep. Jesus "Bong" C. Suntay

asr-003428

So, isn't it important that before we open or expand online gaming,

03:56:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003429

we have to strengthen first our regulatory powers

03:56:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003430

on how to police

03:56:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003431

those who are playing games?

03:56:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003432

Your Honor, I totally agree with you,

03:56:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003433

with your comments.

03:56:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003434

But unfortunately,

03:56:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003435

advances in technology are too fast

03:56:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003436

that we cannot not follow suit.

03:56:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003437

Because what will happen, Your Honor,

03:56:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003438

if we don't follow suit,

03:56:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003439

it will be illegal for the technology to flourish.

03:57:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003440

Because the illegals are the ones who are saddened.

03:57:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003441

There are no illegals here in the Philippines.

03:57:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003442

We are being targeted outside.

03:57:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003443

So, I understand what you are saying.

03:57:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003444

But we cannot continue to fight for the present.

03:57:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003445

Because we will eat the illegals.

03:57:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003446

The illegals are continuing.

03:57:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003447

That's why Congressman Ryan mentioned earlier that the place we closed that he requested is now open again.

03:57:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003448

So, no matter how hard it is, we need to look at what you are saying.

03:57:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003449

At the same time, we need to do the same with our online gaming.

03:57:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003450

Because if not, we will eat our lives.

03:57:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003451

So, I totally agree with you, Your Honor.

03:57:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003452

We are doing whatever we can.

03:58:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003453

We are strengthening our structures and our online gaming guidelines, rules and regulations.

03:58:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003454

We are updating it on a regular basis based on market trends.

03:58:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003455

But unfortunately, we also have to...

03:58:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003456

go head-to-head with the online gaming industry.

03:58:28Source

Rep. Jesus "Bong" C. Suntay

asr-003457

Because if we do not follow this, we will not be able to catch up with the illegal operators

03:58:36Source

Rep. Jesus "Bong" C. Suntay

asr-003458

who are constantly harassing our fellow citizens.

03:58:41Source

Rep. Jesus "Bong" C. Suntay

asr-003459

Yes, Chairman Alf.

03:58:42Source

Rep. Jesus "Bong" C. Suntay

asr-003460

I totally agree with you.

03:58:44Source

Rep. Jesus "Bong" C. Suntay

asr-003461

In fact, I'm not against online gaming.

03:58:46Source

Rep. Jesus "Bong" C. Suntay

asr-003462

What I'm saying is...

03:58:48Source

Rep. Jesus "Bong" C. Suntay

asr-003463

What I'm against is...

03:58:51Source

Rep. Jesus "Bong" C. Suntay

asr-003465

How can we properly police the people who play online games?

03:59:00Source

Rep. Jesus "Bong" C. Suntay

asr-003466

How do we police them?

03:59:02Source

Rep. Jesus "Bong" C. Suntay

asr-003467

Whether they're minors, whether they come from the...

03:59:06Source

Rep. Jesus "Bong" C. Suntay

asr-003468

That's what you're saying.

03:59:07Source

Rep. Jesus "Bong" C. Suntay

asr-003469

We know that it comes from CDE.

03:59:10Source

Rep. Jesus "Bong" C. Suntay

asr-003470

And to allow them to continue to gamble...

03:59:15Source

Rep. Jesus "Bong" C. Suntay

asr-003471

There's always a complaint.

03:59:17Source

Rep. Jesus "Bong" C. Suntay

asr-003472

There's a shortage of medicine to buy.

03:59:19Source

Rep. Jesus "Bong" C. Suntay

asr-003473

There's a shortage of food to buy.

03:59:21Source

Rep. Jesus "Bong" C. Suntay

asr-003474

There's a shortage of electricity to pay.

03:59:23Source

Rep. Jesus "Bong" C. Suntay

asr-003475

There's a shortage of education for the children.

03:59:25Source

Rep. Jesus "Bong" C. Suntay

asr-003476

But usually, as your data would show...

03:59:32Source

Rep. Jesus "Bong" C. Suntay

asr-003477

They are usually the customers of online gaming sites.

03:59:37Source

Rep. Jesus "Bong" C. Suntay

asr-003478

And I think...

03:59:40Source

Rep. Jesus "Bong" C. Suntay

asr-003479

We have to concentrate first on how to properly police these people.

03:59:45Source

Rep. Jesus "Bong" C. Suntay

asr-003480

Otherwise...

03:59:47Source

Rep. Jesus "Bong" C. Suntay

asr-003482

Kawawa naman yung walang mangyayari sa bansa natin.

03:59:51Source

Rep. Jesus "Bong" C. Suntay

asr-003483

In fact, the reason why, for example, in China, why they have restricted gambling,

03:59:58Source

Rep. Jesus "Bong" C. Suntay

asr-003484

kasi ayaw nilang nagsusugal yung mga insek, masusto nilang magtrabaho yung mga kanilang mga citizens.

04:00:11Source

Rep. Jesus "Bong" C. Suntay

asr-003485

And dito sa atin nga, what are the concrete steps that we have tried to take?

04:00:19Source

Rep. Jesus "Bong" C. Suntay

asr-003486

I understand that technology is evolving very fast, but we're not doing anything.

04:00:29Source

Rep. Jesus "Bong" C. Suntay

asr-003487

Walang pinagkaiba yan. Naalala ko nung tinesting ng gobyerno yung online na motorcycle na sinabi nila,

04:00:40Source

Rep. Jesus "Bong" C. Suntay

asr-003488

hindi, kayaan muna.

04:00:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003489

Kayaan natin sila mag-operate without having a regulatory framework.

04:00:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003490

By the time na ang dami nang nandun sa platform, hindi na nila kayang i-regulate.

04:00:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003491

Baka ganyan din yung mangyayari sa atin.

04:00:57Source

Rep. Jesus "Bong" C. Suntay

asr-003492

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.

04:01:08Source

Rep. Jesus "Bong" C. Suntay

asr-003493

Well, yun lang Madam Chair. I hope we really look into it and come up with ways to,

04:01:14Source

Rep. Jesus "Bong" C. Suntay

asr-003494

to properly regulate it bago, bago ano, bago dumating sa size na hindi na natin kayang kontrolin talaga.

04:01:23Source

Rep. Mikaela Angela B. Suansing

asr-003495

Thank you very much, Chair.

04:01:25Source

Rep. Mikaela Angela B. Suansing

asr-003496

Thank you.

04:01:26Source

Rep. Mikaela Angela B. Suansing

asr-003497

Thank you, Representative Bong Sunday.

04:01:29Source

Rep. Mikaela Angela B. Suansing

asr-003498

Our next interpellator, Representative Mica Gonzales.

04:01:34Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003499

Thank you, Madam Chair.

04:01:36Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003500

So I think, Chairman Al, I think you feel the sentiment of our colleagues is to protect

04:01:43Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003501

the Filipino people from excessive gambling, di ba po?

04:01:47Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003502

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,

04:01:56Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003503

I asked regarding setting a cap or setting a limit per user.

04:02:02Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003504

For example, meron tayong online gaming and meron tayong user na player.

04:02:09Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003505

I asked them previously kung sino ba nasa set.

04:02:13Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003506

Nang cap or nang maximum bet nila per day or I don't know how we should call it, no?

04:02:20Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003507

Wala pala tayong sineset na cap per player.

04:02:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003508

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?

04:02:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003509

Sa ngayon po, wala.

04:02:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003510

I'd be very candid and honest about it.

04:02:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003511

Your Honor, we have not set, but I believe in the online gaming law that is being proposed,

04:02:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003512

there will be an inclusion of these caps, whether caps on deposits and caps of gaming activity.

04:03:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003513

Yes, because...

04:03:06Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003514

Yun po ang, Your Honor, yun po ang gustong patunguan.

04:03:13Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003515

Nang parehong committee sa Senado, gayon din sa Kongreso, para po ma-address yung binabanggit ninyo.

04:03:19Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003516

Your Honor.

04:03:22Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003517

Thank you, Madam Chair.

04:03:23Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003518

Next question po.

04:03:26Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003519

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.

04:03:36Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003520

And we all know that government employees are not allowed to play sa casino.

04:03:43Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003521

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.

04:03:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003522

Mayroon po ba tayong mechanism to ensure that government employees will not and are not allowed to play, even if it's online gaming?

04:04:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003523

Your Honor, definitely, we are strictly implementing the KYC process,

04:04:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003524

meaning, know your customer.

04:04:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003525

Lahat po ng licenses ay dapat suriin ng mabuti yung mga magre-rehistro sa kanila.

04:04:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003526

At kung dumating po yung pagkakataon na nakalusot sila, yung secondary screening po naman na ginagawa ng PAGCOR,

04:04:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003527

and we have been very successful, Your Honor, ay yung pagvo-void ng kanilang panalo.

04:04:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003528

So, kung sa kanilang...

04:04:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003529

Kung sa kanilang may nakalusot na isang government employee na nakapaglaro at sila'y swinerte at nanalo,

04:04:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003530

bago po nila ma-withdraw yun, marami din pong screening yun.

04:04:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003531

So, pag na-discovery po na sila'y empleyado ng gobyerno, whether siya po'y isang opisyal o isang karaniwang empleyado lamang,

04:05:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003532

we void the winnings.

04:05:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003533

And I can say, I can tell you and members of the committee that in the last two years,

04:05:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003534

we have voided close to half a billion pesos worth of winnings already sapagkat na-discovery po namin

04:05:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003535

na ang mga nanalong ito ay mga empleyado o kawani ng ating pamahalaan.

04:05:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003536

Yun po yung secondary screening process.

04:05:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003537

Natupad po namin nitong panunungkulan ko bilang Pagcourt Chairman and CEO.

04:05:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003538

Pero ang mahalaga po at ang unang hakbang ay sa registration pa lamang, yung pong tinataw na KYC.

04:05:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003539

Unfortunately, Your Honor, meron pa pong nakalulusot doon.

04:06:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003540

Nagsusumiti ng fake na ID halimbawa or hindi dinidisclose na sila'y kawani ng pamahalaan,

04:06:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003541

eh meron.

04:06:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003542

Meron pa rin pong gano'n.

04:06:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003543

At sabi ko nga, doon pong pagsala roon, eh yun ang pag mag-reclaim na sila ng premyo,

04:06:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003544

doon naman papasok yung paghihingi muli ng final submission mo ng ID.

04:06:27Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003545

At doon nga po, matagumpay namin masasabi na naging maganda yung programa

04:06:34Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003546

dahil sa marami na po kaming vinoid na winnings.

04:06:39Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003547

Yun lang.

04:06:40Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003548

Thank you, Your Honor.

04:06:41Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003549

Thank you, Madam Chair Chairman Al.

04:06:44Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003550

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?

04:06:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003551

Like yung mga, alam mo yung sa Facebook, yung mga ads.

04:06:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003552

So do we have some sort of mechanism to ensure that the player is not a government employee?

04:07:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003553

Yes, that is through the KYC process, ma'am.

04:07:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003554

Ah.

04:07:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003555

Yung iba po yung KYC.

04:07:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003556

Ang totoo, maski magsubok kayo, hindi kayo makakamagiging member or magiging player ng isang legal license kasino

04:07:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003557

kung ikaw ay government employee dahilan sa KYC.

04:07:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003558

Ang malaki pong problema, Your Honor, yung iligal po.

04:07:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003559

Sapagkat sa iligal, wala pong KYC process.

04:07:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003560

Maging sa edad?

04:07:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003561

Occupation or identification, yun po ang malaking problema natin.

04:07:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003562

Kaya, Your Honor, po ulit-ulit kong sinasabi, ang problema po ng industriyang ito ay yung iligal.

04:07:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003563

Dahil sa iligal operators, tinatanggap po maski minor de edad, maski teenager.

04:08:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003564

Samantalang dito po sa proseso natin sa may lisensya sa online,

04:08:09Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003565

halos, sabihin na natin, high 90s in percentage na ang dumataan sa very strict process of KYC.

04:08:22Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003566

Thank you, Madam Chair.

04:08:23Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003567

So, last question na lamang po.

04:08:26Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003568

Since we have stern warning sa mga kasino operators po,

04:08:34Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003569

do we also have sort of mechanism of,

04:08:38Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003570

mechanism on players na they could be permanently blocked from a casino?

04:08:42Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003571

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?

04:08:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003572

Your Honor, I did report earlier, as of today, we have a list that contains 15,000 names,

04:09:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003573

kung saan, they are not allowed to enter any of the casinos,

04:09:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003574

nor they are allowed to play in online gaming platforms.

04:09:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003575

Yun po ay na-generate natin sa pamamagitan ng programang self-exclusion at family exclusion.

04:09:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003576

Kung saan, ang isang nalululun na sa sugal ay pwedeng sumulat sa akin or sa PAGCOR,

04:09:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003577

para magsabing ayoko na magsugal, ipaban niyo po ako.

04:09:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003578

So, that ban is there for years.

04:09:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003579

Hindi po natin linilift basta-basta yun.

04:09:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003580

Pagdating naman po sa, kung ikaw ay nakalista sa National Database of Restricted Personnel,

04:09:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003581

yun po ay nakakalat din sa lahat ng kasinos at marami po ang nahuhuli

04:10:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003582

na hindi pwedeng makapaglaro.

04:10:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003583

Meron din po kaming family exclusion program kung saan ang isang asawa or ang kapamilya

04:10:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003584

ay pwedeng mag-request sa PAGCOR na hindi na pwedeng papasukin ang kanyang kamag-anak,

04:10:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003585

kanyang asawa, ang kanyang ama, ang kanyang anak sa mga casinos at online gaming sites natin.

04:10:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003586

15,000 na po ang numero na meron tayo.

04:10:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003587

At nitong nakaraang taon lamang, meron pong halos labing isang libo mahigit

04:10:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003588

ang nag-apply for self-exclusion program ng PAGCOR.

04:10:53Source

Rep. Alyssa Michaela "Mica" M. Gonzales

asr-003589

Okay, thank you. That will be all. Thank you Chairman Al and thank you Madam Chair.

04:10:57Source

Rep. Mikaela Angela B. Suansing

asr-003590

Salamat din po, Your Honor.

04:10:59Source

Rep. Mikaela Angela B. Suansing

asr-003591

Thank you, Representative Mica Gonzales.

04:11:03Source

Rep. Mikaela Angela B. Suansing

asr-003592

There's one more signed up from the minority, Representative Jernie Jett Nisay.

04:11:09Source

Rep. Mikaela Angela B. Suansing

asr-003593

However, as I'm not seeing Kong Jet here, we'll move to the majority.

04:11:14Source

Rep. Mikaela Angela B. Suansing

asr-003594

Our next interpellator, Representative Shirlyn Bañas-Nograles.

04:11:18Source

Rep. Shirlyn L. Bañas-Nograles

asr-003595

Thank you, Madam Chair.

04:11:20Source

Rep. Shirlyn L. Bañas-Nograles

asr-003596

Since it's past lunch time already, I'll try to be brief.

04:11:25Source

Rep. Shirlyn L. Bañas-Nograles

asr-003597

I just have two queries.

04:11:27Source

Rep. Shirlyn L. Bañas-Nograles

asr-003598

Still on online gambling.

04:11:30Source

Rep. Shirlyn L. Bañas-Nograles

asr-003599

Because we've noticed, just a follow-through po sa earlier queries.

04:11:34Source

Rep. Shirlyn L. Bañas-Nograles

asr-003600

Since we've noticed that it's becoming prevalent to the detriment of the vulnerable sectors.

04:11:42Source

Rep. Shirlyn L. Bañas-Nograles

asr-003601

So, and given po the easy access to mobile portals via payment gateways,

04:11:52Source

Rep. Shirlyn L. Bañas-Nograles

asr-003602

meron po ba tayong stringent technical protocol imposed on licenses?

04:12:00Source

Rep. Shirlyn L. Bañas-Nograles

asr-003603

To prevent the minors, government employees, and even the low-income earners from gambling.

04:12:07Source

Rep. Shirlyn L. Bañas-Nograles

asr-003604

Kasi especially po yung micro-bets, it allows one peso to five pesos.

04:12:12Source

Rep. Shirlyn L. Bañas-Nograles

asr-003605

So, even yung mga four-piece beneficiaries natin, talagang marami na rin po ang nalululong.

04:12:18Source

Rep. Shirlyn L. Bañas-Nograles

asr-003606

At second question ko po, isahin ko na lang para mabilis.

04:12:22Source

Rep. Shirlyn L. Bañas-Nograles

asr-003607

In the report po, your relief operations for calamity victims,

04:12:27Source

Rep. Shirlyn L. Bañas-Nograles

asr-003608

I'm just interested to know how you allocate and operationalize this po.

04:12:34Source

Rep. Shirlyn L. Bañas-Nograles

asr-003609

If I may be allowed, I want to be a bit specific.

04:12:37Source

Rep. Shirlyn L. Bañas-Nograles

asr-003610

In the recent earthquake that happened in General Santos City,

04:12:42Source

Rep. Shirlyn L. Bañas-Nograles

asr-003611

maybe some details just eluded me.

04:12:44Source

Rep. Shirlyn L. Bañas-Nograles

asr-003612

Meron po bang assistance extended yung pub core to General Santos City?

04:12:49Source

Rep. Shirlyn L. Bañas-Nograles

asr-003613

And second po, construction of classrooms

04:12:56Source

Rep. Shirlyn L. Bañas-Nograles

asr-003614

is also included among the priority projects of pub core.

04:13:03Source

Rep. Shirlyn L. Bañas-Nograles

asr-003615

In Jansan, we have like 1,400 classrooms that were badly damaged by the 7.8 earthquake.

04:13:10Source

Rep. Shirlyn L. Bañas-Nograles

asr-003616

May we know po if there has been commitment also from pub core,

04:13:13Source

Rep. Shirlyn L. Bañas-Nograles

asr-003617

since it is mentioned among your priority program.

04:13:17Source

Rep. Shirlyn L. Bañas-Nograles

asr-003618

Your Honor, ma'am.

04:13:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003619

You're asking what's the process?

04:13:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003620

The process is when there's a major calamity,

04:13:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003621

Doon po muna tayo sa first question.

04:13:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003622

Is there a stringent technical protocol?

04:13:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003623

The stringent measure, Your Honor, is the KYC process.

04:13:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003624

Know your customer process.

04:13:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003625

You cannot register in an online gaming,

04:13:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003626

I'm sure you're referring to online gaming.

04:13:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003627

It will be difficult for you to register in an online gaming app

04:13:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003628

to become a regular customer or player

04:13:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003629

if you do not go to a,

04:13:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003630

KYC.

04:13:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003631

And in that KYC, as I was explaining to Kong Micah earlier,

04:14:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003632

bago po kayo makapaglaro, dapat makumpleto niyo yun.

04:14:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003633

And doon po ay nandun lahat ng datos ninyo.

04:14:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003634

Whether you are a government employee,

04:14:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003635

whether, because you will have to present a valid government ID in that process.

04:14:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003636

So,

04:14:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003637

that is being implemented.

04:14:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003638

Ang sinasabi ko po earlier,

04:14:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003639

Your Honor, ang problema po natin,

04:14:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003640

kaya maraming nalululun talaga,

04:14:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003641

ay yung mga illegal operators na walang lisensya sa PAGCOR.

04:14:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003642

They compose 50% of the total industry.

04:14:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003643

Doon po kasi,

04:14:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003644

Kasi wala ni isang uri ng proseso.

04:14:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003645

Kaya kabataan ka, kaya mahirap ka, kaya nagtatrabaho ka sa pamahalan, pwede kang maglaro doon.

04:14:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003646

Yun po ang nakasisira sa lehiti mong mga may lisensya.

04:15:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003647

So that is my answer to question number one.

04:15:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003648

With regard to your question number two, yes, we did support the victims of General Santos

04:15:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003649

by giving financial and relief packages.

04:15:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003650

And we coordinated this with the Office of Civil Defense.

04:15:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003651

Sila po ang katulong namin nag-airlift ng lahat ng support at tulong namin.

04:15:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003652

Now,

04:15:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003653

on your question number two,

04:15:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003654

aside from that, you were asking what is the process?

04:15:46Source

Rep. Shirlyn L. Bañas-Nograles

asr-003655

Pag may malaki pong kalamigat,

04:15:50Source

Rep. Shirlyn L. Bañas-Nograles

asr-003656

we already voluntarily help.

04:15:56Source

Rep. Shirlyn L. Bañas-Nograles

asr-003657

Hindi na po humingi.

04:15:57Source

Rep. Shirlyn L. Bañas-Nograles

asr-003658

Pero, kung meron po kayo sa lugar ninyo na malaking disaster, malaking problema,

04:16:03Source

Rep. Shirlyn L. Bañas-Nograles

asr-003659

all you have to do is write me a letter or write PAGCOR a letter.

04:16:08Source

Rep. Shirlyn L. Bañas-Nograles

asr-003660

And wala pong problema yun, we support.

04:16:10Source

Rep. Shirlyn L. Bañas-Nograles

asr-003661

In fact, in the last week and a half, we have sent out more than 100,000 relief packs all over the Philippines.

04:16:21Source

Rep. Shirlyn L. Bañas-Nograles

asr-003662

And some of your colleagues have received also help.

04:16:27Source

Rep. Shirlyn L. Bañas-Nograles

asr-003663

So, all you have to do, ma'am, is just write us and we will respond to the best of our ability.

04:16:34Source

Rep. Shirlyn L. Bañas-Nograles

asr-003664

Thank you, sir.

04:16:35Source

Rep. Shirlyn L. Bañas-Nograles

asr-003665

Maybe you can help us also with the classroom.

04:16:37Source

Rep. Shirlyn L. Bañas-Nograles

asr-003666

Classroom constructions because lots of our classrooms are really badly damaged because of...

04:16:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003667

Yung pulang kasing reconstruction, we are not allowed sa repair.

04:16:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003668

Rehabilitation.

04:16:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003669

O, rehabilitation.

04:16:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003670

Kaya po, itong programa namin ito, the construction of 125 new school buildings

04:16:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003671

having an equivalent of about 1,200 classrooms na bago.

04:17:04Source

Rep. Shirlyn L. Bañas-Nograles

asr-003672

Okay, sir.

04:17:05Source

Rep. Shirlyn L. Bañas-Nograles

asr-003673

I will...

04:17:06Source

Rep. Shirlyn L. Bañas-Nograles

asr-003674

We will surely write...

04:17:07Source

Rep. Shirlyn L. Bañas-Nograles

asr-003675

I'll communicate with PAGCOR.

04:17:09Source

Rep. Shirlyn L. Bañas-Nograles

asr-003676

Thank you very much, po.

04:17:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003677

Salamat din po sa inyo, Your Honor.

04:17:13Source

Rep. Mikaela Angela B. Suansing

asr-003678

Thank you very much, Representative Banias Nograles.

04:17:17Source

Rep. Mikaela Angela B. Suansing

asr-003679

As there are no other interpellators from the minority, we'll go to another member from the majority,

04:17:23Source

Rep. Mikaela Angela B. Suansing

asr-003680

Representative Tony Roman.

04:17:25Source

Rep. Antonino B. Roman III

asr-003681

Magandang tanghali po sa inyo.

04:17:26Source

Rep. Antonino B. Roman III

asr-003682

Sana nakakain kayo habang sumasagot sa mga tanong.

04:17:32Source

Rep. Antonino B. Roman III

asr-003683

Ito kong tinitin ako itong Comparting Results of Operations.

04:17:37Source

Rep. Antonino B. Roman III

asr-003684

Note that there was a decline from 2025 through 2027 projected for the income.

04:17:44Source

Rep. Antonino B. Roman III

asr-003685

And also do note that having attended the session earlier, that you have been faithfully remitting 50% sa pamalaan.

04:17:56Source

Rep. Antonino B. Roman III

asr-003686

Meron itong item dito, yung Social Civic Project. Ano po yun? Ito po yung CSR?

04:18:00Source

Rep. Antonino B. Roman III

asr-003687

O, ito po yung CSR projects.

04:18:04Source

Rep. Antonino B. Roman III

asr-003688

Kasama na po rito yung...

04:18:07Source

Rep. Antonino B. Roman III

asr-003689

Yung pagpapatayo po ng 125...

04:18:12Source

Rep. Antonino B. Roman III

asr-003690

Madam Chair, can you put 20 seconds, please? I lost 20 seconds.

04:18:18Source

Rep. Mikaela Angela B. Suansing

asr-003691

Sorry po. Sorry to cut you off.

04:18:20Source

Rep. Mikaela Angela B. Suansing

asr-003692

Pero nung the time is supposed to stop when I stop asking questions.

04:18:24Source

Rep. Mikaela Angela B. Suansing

asr-003693

Pero tumutuloy, nakikita ko gumagana.

04:18:27Source

Rep. Mikaela Angela B. Suansing

asr-003694

Pasensya na po. Tuloy niyo lang.

04:18:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003695

Your Honor, yun po yung Social Civic Projects namin

04:18:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003696

that PAGCOR gives to...

04:18:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003697

the different localities all over the Philippines.

04:18:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003698

Kasama na rin po diyan, kaya lumaki yan,

04:18:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003699

yung commitment po in partnership with the Department of Education

04:18:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003700

to build 125 school buildings all over the Philippines

04:18:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003701

which will have an equivalent of 1,500 new classrooms po.

04:19:04Source

Rep. Antonino B. Roman III

asr-003702

Maraming salamat.

04:19:05Source

Rep. Antonino B. Roman III

asr-003703

Malaking tulong po sa mga distrito yan.

04:19:10Source

Rep. Antonino B. Roman III

asr-003704

Yung classrooms.

04:19:11Source

Rep. Antonino B. Roman III

asr-003705

Bukod po diyan, kasama po diyan yung mga ambulansya.

04:19:14Source

Rep. Antonino B. Roman III

asr-003706

At ano po yung ibang klase ng tulong ang ibinababa po ng PAGCOR?

04:19:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003707

Yung tulong po namin ay meron pong PTV,

04:19:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003708

Patient Transport Vehicles.

04:19:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003709

Meron po kaming mga relief work.

04:19:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003710

Kamakamang nga po itong nakarang isang lingot kalahati,

04:19:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003711

meron pong may gitisandaan libong mga relief packages

04:19:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003712

ang nai...

04:19:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003713

migay namin sa buong Pilipinas.

04:19:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003714

At kami po meron na rin pakikipag-ugnayan sa Office of Civil Defense

04:19:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003715

kung saan naka-preposition na po, Your Honor,

04:19:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003716

yung aming mga relief packages sa mga budega nila

04:19:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003717

para nang sa ganun kaagad na makakapag-aksyon

04:20:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003718

ang Office of Civil Defense.

04:20:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003719

Halimbawa man, nagkaroon ng baha, hindi kami makakarating,

04:20:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003720

naka-preposition.

04:20:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003721

Naka-preposition na po sa mga budega ng Office of Civil Defense

04:20:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003722

yung aming pong mga relief packages

04:20:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003723

para po makasuporta sa kanilang operations, Your Honor.

04:20:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003724

Salamat po.

04:20:22Source

Rep. Antonino B. Roman III

asr-003725

Napansin ko po dito sa inyong table na

04:20:28Source

Rep. Antonino B. Roman III

asr-003726

parang naglalaro sa bandang 15 to 16 percent

04:20:32Source

Rep. Antonino B. Roman III

asr-003727

yung social civic projects nyo.

04:20:34Source

Rep. Antonino B. Roman III

asr-003728

Kung titinan po natin sa 2025,

04:20:37Source

Rep. Antonino B. Roman III

asr-003729

nasa

04:20:38Source

Rep. Antonino B. Roman III

asr-003730

ahm...

04:20:40Source

Rep. Antonino B. Roman III

asr-003731

8.30% lang.

04:20:41Source

Rep. Antonino B. Roman III

asr-003732

Pag tinignan nyo po yung

04:20:43Source

Rep. Antonino B. Roman III

asr-003733

12,767,

04:20:45Source

Rep. Antonino B. Roman III

asr-003734

actually that's in millions, I believe,

04:20:48Source

Rep. Antonino B. Roman III

asr-003735

divided by the total income

04:20:50Source

Rep. Antonino B. Roman III

asr-003736

compared to the income,

04:20:51Source

Rep. Antonino B. Roman III

asr-003737

nasa bandang 8.30%.

04:20:55Source

Rep. Antonino B. Roman III

asr-003738

Sa 2026,

04:20:57Source

Rep. Antonino B. Roman III

asr-003739

nasa bandang 16% kung titinan ninyo.

04:21:00Source

Rep. Antonino B. Roman III

asr-003740

Tapos yung projected po ninyo

04:21:02Source

Rep. Antonino B. Roman III

asr-003741

for 2027 is about 15.6%.

04:21:07Source

Rep. Antonino B. Roman III

asr-003742

Nakita, pag kinumparan nyo po yung

04:21:09Source

Rep. Antonino B. Roman III

asr-003743

ahm...

04:21:12Source

Rep. Antonino B. Roman III

asr-003744

social civic projects dun po sa income.

04:21:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003745

Well, basically,

04:21:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003746

we just project a budget for the year.

04:21:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003747

It is not based on the percentage.

04:21:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003748

Kung nangyari po yun, siguro yung nagkataon lamang.

04:21:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003749

Kasi meron pong taon, napakadaming kalamidad.

04:21:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003750

May taon naman, walang kalamidad.

04:21:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003751

Kaya, yun po naman eh,

04:21:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003752

porsyento lang po,

04:21:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003753

we do not, ahm...

04:21:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003754

ahm...

04:21:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003755

we do normally a budget lang,

04:21:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003756

let's say, for the year,

04:21:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003757

200,000 relief packs.

04:21:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003758

So, ganun po ang pag-ano namin.

04:21:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003759

We also sit down with the Office of Civil Defense

04:21:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003760

at saka tinitinan din namin yung mga weather forecast po natin.

04:21:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003761

So, yun po ang base.

04:21:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003762

But there is no hard and fast rule

04:22:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003763

as to what percentage is allocated for such.

04:22:05Source

Rep. Antonino B. Roman III

asr-003764

Pero, halimbawa po,

04:22:06Source

Rep. Antonino B. Roman III

asr-003765

sa projected 2027,

04:22:09Source

Rep. Antonino B. Roman III

asr-003766

na...

04:22:10Source

Rep. Antonino B. Roman III

asr-003767

sa tingin ninyo,

04:22:11Source

Rep. Antonino B. Roman III

asr-003768

in millions, ano,

04:22:12Source

Rep. Antonino B. Roman III

asr-003769

13,757.80 in millions.

04:22:15Source

Rep. Antonino B. Roman III

asr-003770

So, dagdagan natin na zero yung tatlo.

04:22:18Source

Rep. Antonino B. Roman III

asr-003771

Ito po pa ay batay dun sa inaakala nyo

04:22:22Source

Rep. Antonino B. Roman III

asr-003772

nagagasusin para sa mga relief work,

04:22:24Source

Rep. Antonino B. Roman III

asr-003773

una.

04:22:24Source

Rep. Antonino B. Roman III

asr-003774

Pakalawa,

04:22:25Source

Rep. Antonino B. Roman III

asr-003775

batay din po ba ito dun sa

04:22:28Source

Rep. Antonino B. Roman III

asr-003776

pending request sa inyo

04:22:30Source

Rep. Antonino B. Roman III

asr-003777

para sa, halimbawa, classroom

04:22:32Source

Rep. Antonino B. Roman III

asr-003778

o sa ambulansya.

04:22:34Source

Rep. Antonino B. Roman III

asr-003779

In other words,

04:22:35Source

Rep. Antonino B. Roman III

asr-003780

sinasaalang-alang nyo ba

04:22:37Source

Rep. Antonino B. Roman III

asr-003781

yung mga pending request sa inyo?

04:22:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003782

Opo.

04:22:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003783

Ang totoo po,

04:22:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003784

dito, kinalaga na po yung malaking gastos

04:22:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003785

yung construction of school buildings.

04:22:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003786

Mga mahigit 7 billion piso po yun eh.

04:22:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003787

7.5.

04:22:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003788

So, hinati lang po namin

04:22:52Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003789

sa pandiniwalang

04:22:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003790

hindi naman po matatapos nitong taong ito

04:22:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003791

yung mga construction ng classrooms na yun.

04:22:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003792

So, pinatakbo na po namin yung computation nun

04:23:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003793

hanggang sa 2027.

04:23:06Source

Rep. Antonino B. Roman III

asr-003794

So, binanggit nyo na

04:23:07Source

Rep. Antonino B. Roman III

asr-003795

sinaalang-alang ninyo

04:23:08Source

Rep. Antonino B. Roman III

asr-003796

yung mga pending request

04:23:10Source

Rep. Antonino B. Roman III

asr-003797

para sa mga school buildings.

04:23:11Source

Rep. Antonino B. Roman III

asr-003798

Tama po ba?

04:23:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003799

Meron na pong

04:23:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003800

pinarating sa amin

04:23:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003801

ng Department of Education

04:23:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003802

kasi sila po ang nag-vevet nito eh.

04:23:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003803

Hindi po kami ang

04:23:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003804

nagdi-desisyon dito.

04:23:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003805

Ang memorandum of agreement po namin

04:23:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003806

maliwanag.

04:23:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003807

Sila po ang mag-vevet.

04:23:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003808

Meron po kumisang request sa amin.

04:23:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003809

Pinapadala po namin

04:23:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003810

sa Department of Education.

04:23:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003811

Sila po ang magko-confirm

04:23:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003812

ng lugar.

04:23:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003813

Pagkatapos po,

04:23:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003814

aaprobahan nila

04:23:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003815

at babalik muli sa amin.

04:23:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003816

Ang amin lang pong

04:23:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003817

papel na ginampanan

04:23:42Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003818

ay magpondo ng construction.

04:23:45Source

Rep. Antonino B. Roman III

asr-003819

Kasi nung yung opisina ko

04:23:46Source

Rep. Antonino B. Roman III

asr-003820

nagpasa ng sulat

04:23:48Source

Rep. Antonino B. Roman III

asr-003821

January of this year.

04:23:51Source

Rep. Antonino B. Roman III

asr-003822

Actually,

04:23:53Source

Rep. Antonino B. Roman III

asr-003823

ginampanan namin

04:23:54Source

Rep. Antonino B. Roman III

asr-003824

yung binanggit ninyo

04:23:56Source

Rep. Antonino B. Roman III

asr-003825

na yung mismong pag-identify

04:23:58Source

Rep. Antonino B. Roman III

asr-003826

ng school building

04:24:00Source

Rep. Antonino B. Roman III

asr-003827

na kinakailangan

04:24:01Source

Rep. Antonino B. Roman III

asr-003828

mismo nang galing ko

04:24:02Source

Rep. Antonino B. Roman III

asr-003829

sa Dep. at Bataan.

04:24:04Source

Rep. Antonino B. Roman III

asr-003830

January pa po yun

04:24:07Source

Rep. Antonino B. Roman III

asr-003831

of

04:24:08Source

Rep. Antonino B. Roman III

asr-003832

this year.

04:24:12Source

Rep. Antonino B. Roman III

asr-003833

Hindi pa po

04:24:13Source

Rep. Antonino B. Roman III

asr-003834

natutugunan.

04:24:14Source

Rep. Antonino B. Roman III

asr-003835

Kaya,

04:24:15Source

Rep. Antonino B. Roman III

asr-003836

kanina lang po

04:24:16Source

Rep. Antonino B. Roman III

asr-003837

nagpa-receive po ako

04:24:17Source

Rep. Antonino B. Roman III

asr-003838

ng sulat

04:24:18Source

Rep. Antonino B. Roman III

asr-003839

sa inyo

04:24:18Source

Rep. Antonino B. Roman III

asr-003840

just to follow up.

04:24:22Source

Rep. Antonino B. Roman III

asr-003841

So, yung mismong

04:24:22Source

Rep. Antonino B. Roman III

asr-003842

datos po,

04:24:23Source

Rep. Antonino B. Roman III

asr-003843

galing mismo sa Dep.

04:24:24Source

Rep. Antonino B. Roman III

asr-003844

Ginawa na po namin yun.

04:24:26Source

Rep. Antonino B. Roman III

asr-003845

Hinihintay lang namin.

04:24:27Source

Rep. Antonino B. Roman III

asr-003846

So, gusto ko lang po

04:24:27Source

Rep. Antonino B. Roman III

asr-003847

malaman

04:24:29Source

Rep. Antonino B. Roman III

asr-003848

kung yung request po namin

04:24:30Source

Rep. Antonino B. Roman III

asr-003849

sa utang distrito

04:24:31Source

Rep. Antonino B. Roman III

asr-003850

ng Bataan

04:24:32Source

Rep. Antonino B. Roman III

asr-003851

ay napasama

04:24:33Source

Rep. Antonino B. Roman III

asr-003852

at nakapaloob dun sa

04:24:34Source

Rep. Antonino B. Roman III

asr-003853

projected

04:24:35Source

Rep. Antonino B. Roman III

asr-003854

2027 budget nyo.

04:24:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003855

Opo.

04:24:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003856

Meron po kayong request.

04:24:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003857

Ito po, tinitinan na.

04:24:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003858

Pero,

04:24:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003859

125 school buildings po

04:24:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003860

kasi lang yung aming

04:24:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003861

pwedeng pondohan.

04:24:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003862

So, dito po

04:24:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003863

ay meron na rin

04:24:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003864

sa Bataan

04:24:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003865

na pinadala

04:24:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003866

ang Dep. at Bataan

04:24:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003867

sa amin

04:24:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003868

na inaprobahan.

04:24:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003869

Ipe-verify lang po

04:24:58Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003870

kung yun yung kasama

04:24:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003871

sa request ninyo.

04:25:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003872

Pero, kung hindi man po

04:25:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003873

nakasama,

04:25:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003874

pinaliwanag ko po

04:25:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003875

kanina,

04:25:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003876

hopefully,

04:25:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003877

sa 2027,

04:25:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003878

sa 2028 budget,

04:25:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003879

ay

04:25:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003880

isasama po namin

04:25:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003881

yung mga

04:25:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003882

request ninyo.

04:25:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003883

Pero, again,

04:25:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003884

yung DepEd po

04:25:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003885

ang inaantay namin

04:25:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003886

magsabi sa amin.

04:25:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003887

Opo.

04:25:21Source

Rep. Antonino B. Roman III

asr-003888

Piniliwanag ko lang.

04:25:22Source

Rep. Antonino B. Roman III

asr-003889

At kung

04:25:24Source

Rep. Antonino B. Roman III

asr-003890

ito po,

04:25:25Source

Rep. Antonino B. Roman III

asr-003891

i-check-in

04:25:25Source

Rep. Antonino B. Roman III

asr-003892

kung

04:25:27Source

Rep. Antonino B. Roman III

asr-003893

meron na po bang

04:25:28Source

Rep. Antonino B. Roman III

asr-003894

kayo sa pagkakaalam,

04:25:29Source

Rep. Antonino B. Roman III

asr-003895

your honor,

04:25:30Source

Rep. Antonino B. Roman III

asr-003896

na

04:25:31Source

Rep. Antonino B. Roman III

asr-003897

sulat ang DepEd

04:25:32Source

Rep. Antonino B. Roman III

asr-003898

sa amin

04:25:33Source

Rep. Antonino B. Roman III

asr-003899

na dapat

04:25:36Source

Rep. Antonino B. Roman III

asr-003900

pondohan yung

04:25:37Source

Rep. Antonino B. Roman III

asr-003901

inyong

04:25:37Source

Rep. Antonino B. Roman III

asr-003902

skwelahan?

04:25:38Source

Rep. Antonino B. Roman III

asr-003903

Opo.

04:25:39Source

Rep. Antonino B. Roman III

asr-003904

Dahil,

04:25:39Source

Rep. Antonino B. Roman III

asr-003905

ah,

04:25:40Source

Rep. Antonino B. Roman III

asr-003906

sumangguni po kami

04:25:40Source

Rep. Antonino B. Roman III

asr-003907

sa DepEd

04:25:42Source

Rep. Antonino B. Roman III

asr-003908

nung nagpasa po kami

04:25:43Source

Rep. Antonino B. Roman III

asr-003909

ng

04:25:44Source

Rep. Antonino B. Roman III

asr-003910

ng sulat.

04:25:45Source

Rep. Antonino B. Roman III

asr-003911

Opo.

04:25:45Source

Rep. Antonino B. Roman III

asr-003912

So,

04:25:46Source

Rep. Antonino B. Roman III

asr-003913

pero,

04:25:46Source

Rep. Antonino B. Roman III

asr-003914

yung datos po

04:25:47Source

Rep. Antonino B. Roman III

asr-003916

Kasi, ang bumalik po

04:25:48Source

Rep. Antonino B. Roman III

asr-003917

sa amin

04:25:49Source

Rep. Antonino B. Roman III

asr-003918

for 125,

04:25:51Source

Rep. Antonino B. Roman III

asr-003919

may finalist po sila,

04:25:53Source

Rep. Antonino B. Roman III

asr-003920

eh,

04:25:53Source

Rep. Antonino B. Roman III

asr-003921

check-in po namin

04:25:54Source

Rep. Antonino B. Roman III

asr-003922

kung sa amin.

04:25:54Source

Rep. Antonino B. Roman III

asr-003923

Meron ho ba sa unang

04:25:55Source

Rep. Antonino B. Roman III

asr-003924

distrito ng bataan dyan?

04:25:57Source

Rep. Antonino B. Roman III

asr-003925

Hermosa,

04:25:58Source

Rep. Antonino B. Roman III

asr-003926

Orani,

04:25:58Source

Rep. Antonino B. Roman III

asr-003927

Samal,

04:25:59Source

Rep. Antonino B. Roman III

asr-003928

Abukay?

04:26:00Source

Rep. Antonino B. Roman III

asr-003929

Oryon?

04:26:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003930

O, Orani.

04:26:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003931

O, kaya,

04:26:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003932

Hermosa,

04:26:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003933

Samal,

04:26:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003934

Abukay.

04:26:12Source

Rep. Antonino B. Roman III

asr-003935

Hermosa po namin.

04:26:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003937

Hu ba?

04:26:13Source

Rep. Antonino B. Roman III

asr-003938

Hermosa.

04:26:15Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003939

Bosa?

04:26:15Source

Rep. Antonino B. Roman III

asr-003940

Hermosa.

04:26:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003941

Ito po,

04:26:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003942

ah,

04:26:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003943

Pulo,

04:26:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003944

Pulo Elementary School.

04:26:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003945

O, ayan.

04:26:21Source

Rep. Antonino B. Roman III

asr-003946

Ayan po yung,

04:26:22Source

Rep. Antonino B. Roman III

asr-003947

ah,

04:26:22Source

Rep. Antonino B. Roman III

asr-003948

nasa distrito po namin yan.

04:26:24Source

Rep. Antonino B. Roman III

asr-003949

So, ito ho ba yun?

04:26:25Source

Rep. Antonino B. Roman III

asr-003950

Opo.

04:26:25Source

Rep. Antonino B. Roman III

asr-003951

Pulo.

04:26:26Source

Rep. Antonino B. Roman III

asr-003952

Meron po sa Orani

04:26:27Source

Rep. Antonino B. Roman III

asr-003953

ding isa,

04:26:29Source

Rep. Antonino B. Roman III

asr-003954

Governor Efren

04:26:30Source

Rep. Antonino B. Roman III

asr-003955

V. Pascual.

04:26:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003956

Opo.

04:26:32Source

Rep. Antonino B. Roman III

asr-003957

Eh,

04:26:32Source

Rep. Antonino B. Roman III

asr-003958

and Orani

04:26:34Source

Rep. Antonino B. Roman III

asr-003959

Integrated Central School.

04:26:36Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003960

Okay.

04:26:37Source

Rep. Antonino B. Roman III

asr-003961

Ngayon,

04:26:37Source

Rep. Antonino B. Roman III

asr-003962

pag pumasok po,

04:26:38Source

Rep. Antonino B. Roman III

asr-003963

just to understand the process,

04:26:39Source

Rep. Antonino B. Roman III

asr-003964

pag pumasok po sa listahan yan,

04:26:41Source

Rep. Antonino B. Roman III

asr-003965

tulad yan,

04:26:42Source

Rep. Antonino B. Roman III

asr-003966

meron tatlo tayo

04:26:42Source

Rep. Antonino B. Roman III

asr-003967

yung natukoy

04:26:43Source

Rep. Antonino B. Roman III

asr-003968

na paaralan

04:26:45Source

Rep. Antonino B. Roman III

asr-003969

na galing mismo sa DepEd.

04:26:47Source

Rep. Antonino B. Roman III

asr-003970

Ano ko kasiguradohan

04:26:49Source

Rep. Antonino B. Roman III

asr-003971

na

04:26:50Source

Rep. Antonino B. Roman III

asr-003972

mapopondohan po yan?

04:26:53Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003973

Um,

04:26:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003974

to be honest and candid,

04:26:56Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003975

Your Honor,

04:26:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003976

hindi po 100%,

04:26:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003977

dahil

04:26:59Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003978

ang budget po is for

04:27:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003979

125 school buildings

04:27:03Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003980

all over the Philippines.

04:27:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003981

So,

04:27:06Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003982

ang akin na lang po magagawa eh,

04:27:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003983

titinan ko kung pa pano

04:27:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003984

magagawa ng,

04:27:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003985

ng paraan na

04:27:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003986

ma,

04:27:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003987

naisama kahit isa man lang dito.

04:27:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003988

Dahil ang instruction po kasi ng,

04:27:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003989

ng,

04:27:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003990

ah,

04:27:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003991

administrasyon,

04:27:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003992

dapat ikalat ito.

04:27:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003993

Kaya,

04:27:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003994

kami naman po,

04:27:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003995

ay nag-iintay lang ng

04:27:26Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003996

vetting ng DepEd.

04:27:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003997

Marami po kasi,

04:27:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003998

lumabas,

04:27:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-003999

re-recommendan ng ilang mga

04:27:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004000

local government officials

04:27:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004001

or ng mga members of the house.

04:27:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004002

Pag balik sa DepEd,

04:27:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004003

wala palang titulo yung lalagyan.

04:27:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004004

Yung lugar pala eh,

04:27:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004005

maliit.

04:27:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004006

Kasi, ito po eh,

04:27:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004007

kailangan ng humigit kumulang

04:27:48Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004008

2,000 metro kodrado.

04:27:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004009

Dahil pahaba po ito eh.

04:27:51Source

Rep. Antonino B. Roman III

asr-004010

Ano ho yung proseso na pinagdadaanan?

04:27:53Source

Rep. Antonino B. Roman III

asr-004011

Halimbawa, walang gano'ng issue

04:27:55Source

Rep. Antonino B. Roman III

asr-004012

yung isang project,

04:27:57Source

Rep. Antonino B. Roman III

asr-004013

isang, ah,

04:27:58Source

Rep. Antonino B. Roman III

asr-004014

yung isang school building.

04:28:01Source

Rep. Antonino B. Roman III

asr-004015

Walang-walang issue sa titulo,

04:28:03Source

Rep. Antonino B. Roman III

asr-004016

ah, lahat.

04:28:04Source

Rep. Antonino B. Roman III

asr-004017

Kung pare-parekas po,

04:28:05Source

Rep. Antonino B. Roman III

asr-004018

paano ho nirarationalize

04:28:07Source

Rep. Antonino B. Roman III

asr-004019

ng PAGCOR yung pagpopondo?

04:28:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004020

Eh, inaantay lang po namin yung, yung,

04:28:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004021

ano, ang, ng instruction ng DepEd.

04:28:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004022

Ah, sila po ang magra-rationalize.

04:28:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004023

Kayo, funder na lang po.

04:28:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004024

Kami po eh, MOA lang po kami

04:28:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004025

with the, with the local government unit

04:28:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004026

dahil sa LGU na po namin pinapanay.

04:28:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004027

Hindi po kami nakikinam sa bidding.

04:28:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004028

Hindi po kami nakikinam kung sinong contractor.

04:28:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004029

Kami po eh, magpopondo lamang.

04:28:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004030

And we will make sure

04:28:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004031

that it follows the design

04:28:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004032

that we all agreed on.

04:28:40Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004033

Meaning, between the DepEd,

04:28:43Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004034

the LGU,

04:28:45Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004035

or the, ah, district and PAGCOR.

04:28:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004036

Yun lang po ang role namin, ah, Your Honor.

04:28:52Source

Rep. Antonino B. Roman III

asr-004037

Maraming salamat po sa clarification.

04:28:54Source

Rep. Antonino B. Roman III

asr-004038

Sana ho, ah, gumalaw po yung aking request

04:28:57Source

Rep. Antonino B. Roman III

asr-004039

para sa aking distrito.

04:28:59Source

Rep. Antonino B. Roman III

asr-004040

Sorry, I had to, I have to fight for my district.

04:29:01Source

Rep. Antonino B. Roman III

asr-004041

Maraming salamat po.

04:29:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004042

Ah, I can assure you, we will look into it.

04:29:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004043

In fact, that's the reason why we have the list with us.

04:29:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004044

We can confirm.

04:29:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004045

And we have confirmed that there are three,

04:29:12Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004046

in your district, ah,

04:29:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004047

maybe I will also candidly tell you,

04:29:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004048

at the most, maybe you can get one.

04:29:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004049

But you will not be able to get more than one.

04:29:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004050

Because, as I said,

04:29:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004051

125 lang po yung budget natin.

04:29:27Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004052

One is better than nothing po.

04:29:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004053

Opo.

04:29:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004054

Maraming salamat po.

04:29:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004055

Umasa po kayo, we will look into the matter.

04:29:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004056

Maraming salamat.

04:29:32Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004057

And we will speak to you right after the hearing.

04:29:37Source

Rep. Antonino B. Roman III

asr-004058

Salamat po, Your Honor.

04:29:39Source

Rep. Antonino B. Roman III

asr-004059

Thank you, ah, Chairman Al.

04:29:40Source

Rep. Mikaela Angela B. Suansing

asr-004060

Thank you, Representative Roman.

04:29:43Source

Rep. Mikaela Angela B. Suansing

asr-004061

We'll now move to our final interpellator from the majority,

04:29:47Source

Rep. Mikaela Angela B. Suansing

asr-004062

Representative Miro Quimbo.

04:29:50Source

Rep. Atty. Miro S. Quimbo

asr-004063

very much chairman I will promise that this will be short but but people okay

04:29:57Source

Rep. Atty. Miro S. Quimbo

asr-004064

Good afternoon, Chairman Tengco and the PAGCOR family.

04:30:03Source

Rep. Atty. Miro S. Quimbo

asr-004065

colleague congresswoman ginaldo magandang hapon posa in your chairman al

04:30:12Source

Rep. Atty. Miro S. Quimbo

asr-004066

I have a I have a question luncherman Alice along do you confirm as we had

04:30:18Source

Rep. Atty. Miro S. Quimbo

asr-004067

discussed before that meron listen shang na a big ice a marikina for the opening

04:30:24Source

Rep. Atty. Miro S. Quimbo

asr-004068

of a casino in the past yes I do confirm your honor may we know unknown status

04:30:31Source

Rep. Atty. Miro S. Quimbo

asr-004069

come to live a bit Oh Indina I the late the latest that we have heard is indiana

04:30:42Source

Rep. Atty. Miro S. Quimbo

asr-004071

of a total and we are just the proponents have gone to PAGCOR if I'm

04:30:52Source

Rep. Atty. Miro S. Quimbo

asr-004072

not mistaken your honor sometime in May or April and they're looking now at the

04:31:02Source

Rep. Atty. Miro S. Quimbo

asr-004073

possibility of moving it to another site I'm a young boy magandang balita para

04:31:07Source

Rep. Atty. Miro S. Quimbo

asr-004074

pusa amen papa salamat po kameza confirmation in your name Dina Puma to

04:31:13Source

Rep. Atty. Miro S. Quimbo

asr-004076

papu-yump one standing on entrada Ahyuto

04:31:19Source

Rep. Atty. Miro S. Quimbo

asr-004077

des want express my my position that as far as this representation is concerned

04:31:23Source

Rep. Atty. Miro S. Quimbo

asr-004078

I don't think it is fit to be placed in a government facility owned by the city

04:31:29Source

Rep. Atty. Miro S. Quimbo

asr-004079

it's not very ideal seguro may nibarra posture papega's supported amount uh

04:31:35Source

Rep. Atty. Miro S. Quimbo

asr-004080

initiatives podcasts all part of our martial here in a teeth to create all up

04:31:54Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004081

Actually, umasa po kayo, Congressman Miro, na akin pong titingnan muli.

04:32:01Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004082

Pero uulitin ko po, sa pagkakaalam ko, hindi na po

04:32:05Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004083

matutuloy doon sa original site yung

04:32:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004085

kasinong binabanggit ninyo.

04:32:12Source

Rep. Atty. Miro S. Quimbo

asr-004085-split-2

Maraming salamat po, Chairman.

04:32:14Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004085-split-3

We will update you also.

04:32:16Source

Rep. Atty. Miro S. Quimbo

asr-004086

Yes po. Yes po.

04:32:17Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004086-split-2

We will update you on the latest developments, Congressman Miro.

04:32:21Source

Rep. Atty. Miro S. Quimbo

asr-004086-split-3

So, since puro bagong paaralan ang pinag-uusapan,

04:32:27Source

Rep. Atty. Miro S. Quimbo

asr-004087

Pero kami po ay pinalad noong 2014 na

04:32:30Source

Rep. Atty. Miro S. Quimbo

asr-004088

nabigyan po kami ng paaralan sa Marikina

04:32:33Source

Rep. Atty. Miro S. Quimbo

asr-004089

ng PAGCOR.

04:32:34Source

Rep. Atty. Miro S. Quimbo

asr-004094

Ang tanong na lang po siguro namin, since naiintindihan po namin na bilang na bilang po inyong pondo,

04:32:40Source

Rep. Atty. Miro S. Quimbo

asr-004095

at napakarami pong congressman na makukulit.

04:32:42Source

Rep. Atty. Miro S. Quimbo

asr-004096

Para maghanap po ng suporta sa inyo, baka naman po pwede sa amin maliit na bagay yung pagpapaayos or repairs ng school.

04:32:51Source

Rep. Atty. Miro S. Quimbo

asr-004097

Pwede po ba yun?

04:32:52Source

Rep. Atty. Miro S. Quimbo

asr-004098

Kasi never ko pa nadinig po yung, nakatatak pa rin po kasi doon yung inyong pangalan.

04:32:57Source

Rep. Atty. Miro S. Quimbo

asr-004099

So, baka naman po pwede pagtulungan natin ng minor repairs lang po yung paaralan.

04:33:02Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004100

Sige po, tingnan natin.

04:33:04Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004101

Ang totoo po, we are not allowed to do renovation.

04:33:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004102

But pwede po natin pag-usapan.

04:33:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004103

Tingnan natin.

04:33:11Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004104

Kung hindi naman malaki.

04:33:13Source

Rep. Atty. Miro S. Quimbo

asr-004105

Susulat po, kung hindi po kalaki yan.

04:33:15Source

Rep. Atty. Miro S. Quimbo

asr-004106

Opo, pagkita lang natin.

04:33:18Source

Rep. Atty. Miro S. Quimbo

asr-004108

Mangyari po sana, Your Honor, nasulatan niyo po ako.

04:33:21Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004109

Opo.

04:33:22Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004110

Para matinan po natin yung inyong kahilingan.

04:33:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004111

Kasi nagbita ka na po yung mga tiles, yung mga lumang technology.

04:33:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004112

Dati pong PAGCOR ang pondo dito.

04:33:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004113

PAGCOR talaga. PAGCOR ang gumawa.

04:33:33Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004115

PAGCOR building po yun.

04:33:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004116

Opo, tingnan natin.

04:33:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004117

At iba pa po ang chairman noon.

04:33:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004118

Pero sigurado ko, nagpapasalamat kami sa kanya noon.

04:33:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004119

Pero di hamak masalaman.

04:33:41Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004120

Mas magaling at mas magandang lalaki makisig ang chairman ngayon ng PAGCOR.

04:33:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004121

Siguro naman, mahapyawan lang kami ng kaunti.

04:33:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004122

Ano po, ha?

04:33:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004123

Opo.

04:33:51Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004124

Palagay ko po, sa binanggit niyo na yun, siyasabihin ko na sa inyo, mangyayari po yun.

04:33:57Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004125

Maraming salamat.

04:33:58Source

Rep. Atty. Miro S. Quimbo

asr-004126

Chairman, maraming salamat po.

04:33:59Source

Rep. Atty. Miro S. Quimbo

asr-004127

Mabuhay po tayong lahat.

04:34:00Source

Rep. Atty. Miro S. Quimbo

asr-004128

Salamat po.

04:34:02Source

Rep. Mikaela Angela B. Suansing

asr-004129

Thank you, Representative Miro Quimbo.

04:34:04Source

Rep. Mikaela Angela B. Suansing

asr-004130

My apologies po to Chairman Mark.

04:34:08Source

Rep. Mikaela Angela B. Suansing

asr-004131

We'll now move to our next interpellator.

04:34:11Source

Rep. Mikaela Angela B. Suansing

asr-004132

Ito, totoo.

04:34:11Source

Rep. Mikaela Angela B. Suansing

asr-004133

Bada po talaga.

04:34:14Source

Rep. Mikaela Angela B. Suansing

asr-004134

Representative Mark Cojuangco.

04:34:17Source

Rep. Mark O. Cojuangco

asr-004135

Hello, Madam Chair.

04:34:24Source

Rep. Mark O. Cojuangco

asr-004136

This representation would like to thank and congratulate the PAGCOR for the continuous good work and service to our society.

04:34:42Source

Rep. Mark O. Cojuangco

asr-004138

I have a question about the hospitals.

04:34:45Source

Rep. Mark O. Cojuangco

asr-004139

Are you also funding hospitals?

04:34:49Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004140

Your Honor, we are not.

04:34:55Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004141

PAGCOR, as it is, is not funding the construction of hospitals.

04:35:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004142

But rather, our foundations are the ones helping out.

04:35:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004143

And recently, most recently...

04:35:09Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004144

Just in the last week of July, we inaugurated a multi-specialty hospital in Clark.

04:35:18Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004145

And that was funded by Bloomberry Foundation, which is the foundation arm of Solair.

04:35:28Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004146

So they did budget and they spent more than a billion pesos.

04:35:35Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004147

And PAGCOR helped in purchasing equipment.

04:35:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004148

And now, we have the equipment that is going to be used for the said hospital.

04:35:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004149

So, that is the situation.

04:35:47Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004150

Case-to-case basis, it is the foundations of the different licenses that normally fund these big-ticket items.

04:36:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004151

Because, Your Honor, when it comes to big-tickets, we will be spreading ourselves very thinly.

04:36:07Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004152

So, we solicit the help.

04:36:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004153

The help of the foundations of the different hospitals.

04:36:13Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004154

Another case is the Conrado Estrella Hospital in Pangasinan.

04:36:20Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004155

I know, Your Honor, that you are there.

04:36:23Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004156

It is just a small hospital.

04:36:25Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004157

But we were able to, I think, give 100 million pesos during the time of my predecessor.

04:36:34Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004158

And then, there was only equipment needed.

04:36:37Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004159

That is where I came in and we helped in the Conrado Estrella District Hospital.

04:36:46Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004160

Thank you, Mr. Chair.

04:36:51Source

Rep. Mark O. Cojuangco

asr-004161

Yes, the Conrado Estrella is in the 6th District of Pangasinan.

04:36:59Source

Rep. Mark O. Cojuangco

asr-004162

I represent the 2nd District of Pangasinan.

04:37:03Source

Rep. Mark O. Cojuangco

asr-004163

So, this representation...

04:37:10Source

Rep. Mark O. Cojuangco

asr-004171

And it so happens that the amount that we are looking at for a hospital is around the one billion mark

04:37:18Source

Rep. Mark O. Cojuangco

asr-004172

you were talking about.

04:37:23Source

Rep. Mark O. Cojuangco

asr-004173

If Faggoy cannot help with that,

04:37:28Source

Rep. Mark O. Cojuangco

asr-004174

So can it help, such that the amount that the DOH has to carry...

04:37:36Source

Rep. Mark O. Cojuangco

asr-004175

Could there be a response?

04:37:39Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004176

the lesson um your honor the problem there is um you have to liquidate the whatever we give

04:37:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004177

so so long as you are not able to do so you will be restricted from receiving any aid from PAGCOR

04:38:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004178

because that is the law so meaning the problem that i see there uh your honor is uh if you will

04:38:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004179

be able to get a funding from the doh that will not be sufficient and let's say we to help you

04:38:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004180

we're also able to to donate a certain amount and despite that you will not be able to complete the

04:38:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004181

project um you might you will be barred uh from

04:38:31Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004182

receiving any form of aid or support from PAGCOR which has happened uh in a few instances and they

04:38:44Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004183

have to finish the project and sometimes the project takes years to complete and you will

04:38:50Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004184

be sacrificing the possibility of receiving other support so that's the reason why under our charter

04:39:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004185

it is uh we're being directed to cons help construct rather than i mean help construct one

04:39:10Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004186

that is funded to be completed rather than just giving out an amount that will just be added

04:39:19Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004187

hospital will con consist of several buildings anyway you know so maybe a portion yeah so portion

04:39:29Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004188

can be

04:39:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004189

funded by course or maybe may i suggest your honor maybe even better would be the

04:39:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004190

hospital equipment yes it can be used in a completed building of yours exactly that is

04:39:43Source

Rep. Mark O. Cojuangco

asr-004191

where maybe we can we can help you your honor yeah mr chairman uh i'd just like uh you the PAGCOR to

04:39:51Source

Rep. Mark O. Cojuangco

asr-004192

know that uh the district two of pangasinan is the second most populous district in the entire province

04:40:00Source

Rep. Mark O. Cojuangco

asr-004193

we have six districts but uh ever since uh this president uh assumed office in 2022 our district

04:40:11Source

Rep. Mark O. Cojuangco

asr-004194

has received the least uh to the tune of uh more than two and a half billion pesos there is two

04:40:20Source

Rep. Mark O. Cojuangco

asr-004195

more years uh of this administration before it expires and i'm hell-bent on trying to at least be

04:40:30Source

Rep. Mark O. Cojuangco

asr-004196

at par with uh the other districts in the province so any help that pagor can give to

04:40:41Source

Rep. Mark O. Cojuangco

asr-004197

kind of make up for that shortfall will be greatly appreciated this is the same appeal

04:40:48Source

Rep. Mark O. Cojuangco

asr-004198

that i have made to the doh to the dpwh uh etc to all agencies of government so i just like you to

04:41:00Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004199

know that uh mr chairman yeah your honor as i had mentioned uh maybe if you're in the process of

04:41:08Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004200

completing one of the many buildings you had mentioned then we can possibly look into the

04:41:16Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004201

possibility of us working together for uh hospital equipment that or or whatever equipment you will

04:41:24Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004202

need so that the this said completed project hospital project that you have

04:41:30Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004203

can already run and can be operational so may i request your honor that you write us a letter

04:41:38Source

PAGCOR Chairman and CEO Alejandro H. Tengco

asr-004204

and from there we can set a meeting and we can further discuss the possibilities that we can work

04:41:49Source

Rep. Mark O. Cojuangco

asr-004205

we will do so uh mr chairman madam chair and uh we will pursue that line of that recommendation

04:42:00Source

Rep. Mark O. Cojuangco

asr-004206

to the government and to PAGCOR thank you so much uh madam chair that ends my line of questioning

04:42:11Source

Rep. Mikaela Angela B. Suansing

asr-004207

Thank you, Representative Mark Cojuangco.

04:44:17Source

Rep. Mikaela Angela B. Suansing

asr-004208

briefing is suspended

04:48:17Source

Senior Deputy Speaker Ferdinand L. Hernandez

asr-004209

Madam Chair, I don't have a question for the Chairman. It should be for Attorney Aguinaldo.

04:48:26Source

Senior Deputy Speaker Ferdinand L. Hernandez

asr-004210

Just a joke. Don't forget the 2nd District, South Cotabato. Thank you.

04:48:33Source

Rep. Mikaela Angela B. Suansing

asr-004211

With that manifestation from Senior Deputy Speaker Ferdinand Hernandez,

04:48:37Source

Rep. Mikaela Angela B. Suansing

asr-004212

looking at the room and the list of interpellators, it seems like we're done with the interpellations for today.

04:48:48Source

Rep. Mikaela Angela B. Suansing

asr-004213

Given that, may I hear a motion?

04:48:52Source

Committee member (motion mover)

asr-004214

I move that we terminate the budget briefing of the Philippine Amusement and Gaming Corporation, Madam Chair.

04:49:01Source

Committee member

asr-004215

Second.

04:49:03Source

Rep. Mikaela Angela B. Suansing

asr-004216

There is a motion to terminate the budget briefing of the Philippine Amusement and Gaming Corporation.

04:49:09Source

Rep. Mikaela Angela B. Suansing

asr-004217

It has been duly seconded. The motion is carried.

04:49:14Source

Rep. Mikaela Angela B. Suansing

asr-004218

Thank you very much.

04:49:15Source

Rep. Mikaela Angela B. Suansing

asr-004219

only five hours.

04:49:17Source

Rep. Mikaela Angela B. Suansing

asr-004220

I was going to say that last year it took us 9 hours.

04:49:20Source

Rep. Mikaela Angela B. Suansing

asr-004221

I hope in my final year it will only be 1 hour.

04:49:23Source

Rep. Mikaela Angela B. Suansing

asr-004222

Thank you, Chairman Alejandro H. Tengco.

04:49:29Source

Rep. Mikaela Angela B. Suansing

asr-004223

Thank you to the officials of PAGCOR.

04:49:32Source

Rep. Mikaela Angela B. Suansing

asr-004224

Thank you, of course, to our colleagues for the active participation in today's briefing.

04:49:39Source

Rep. Mikaela Angela B. Suansing

asr-004225

Chair Al, we'll just coordinate with the PAGCOR officials with regard to all the data requests.

04:49:50Source

Rep. Mikaela Angela B. Suansing

asr-004226

Again, thank you very much, Chairman Alejandro H. Tengco, and to the PAGCOR family for making time

04:49:55Source

Rep. Mikaela Angela B. Suansing

asr-004227

and being available in the rescheduled time for the briefing of the Philippine Amusement and Gaming Corporation.

04:50:06Source

Rep. Mikaela Angela B. Suansing

asr-004228

And with that, the committee proceedings are hereby suspended here in Romaldes Hall

04:50:13Source

Rep. Mikaela Angela B. Suansing

asr-004229

and will resume at 3 p.m. for the Philippine Charity Sweepstakes Office

04:50:18Source

Rep. Mikaela Angela B. Suansing

asr-004230

Budget Briefing.

04:50:18Source

Rep. Mikaela Angela B. Suansing

asr-004231

But just to clarify the said motion, there are now concurrent hearings going on in different rooms

04:50:26Source

Rep. Mikaela Angela B. Suansing

asr-004232

for the Department of Justice and the Department of Trade and Industry.

04:50:30Source

Rep. Mikaela Angela B. Suansing

asr-004233

So the suspension only applies for the briefing here in Romaldes Hall.

04:50:35Source

Rep. Mikaela Angela B. Suansing

asr-004234

The briefing here in Romaldes Hall is hereby suspended until 3 p.m.

04:50:42Source

Rep. Mikaela Angela B. Suansing

asr-004235

for the briefing of the Philippine Charity Sweepstakes Office.