{"id":9771,"date":"2024-12-17T13:22:55","date_gmt":"2024-12-17T13:22:55","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=asia&#038;p=9771"},"modified":"2024-12-17T13:22:55","modified_gmt":"2024-12-17T13:22:55","slug":"san-miguel-corporation-to-build-new-pagcor-headquarters-free-of-charge","status":"publish","type":"asia","link":"https:\/\/www.mundovideo.com.co\/en\/asia\/san-miguel-corporation-to-build-new-pagcor-headquarters-free-of-charge\/","title":{"rendered":"San Miguel Corporation to Build New PAGCOR Headquarters Free of Charge"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">San Miguel Corporation (SMC), one of the Philippines&#8217; largest conglomerates, has announced its commitment to construct a new headquarters for the <strong>Philippine Amusement and Gaming Corporation (PAGCOR)<\/strong> at no cost to the government.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"340\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1.png\" alt=\"\" class=\"wp-image-9725\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1.png 1000w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1-300x102.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1-768x261.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This new facility, to be built by SMC, will enhance PAGCOR\u2019s operational efficiency as the corporation continues to expand, particularly in the electronic gaming sector.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"631\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/san-miguel-corporation-to-build-new-pagcor-headquarters-free-of-charge2-1024x631.jpg\" alt=\"\" class=\"wp-image-9772\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/san-miguel-corporation-to-build-new-pagcor-headquarters-free-of-charge2-1024x631.jpg 1024w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/san-miguel-corporation-to-build-new-pagcor-headquarters-free-of-charge2-300x185.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/san-miguel-corporation-to-build-new-pagcor-headquarters-free-of-charge2-768x474.jpg 768w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/san-miguel-corporation-to-build-new-pagcor-headquarters-free-of-charge2.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>Some details about project<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Project Sponsor<\/strong>: San Miguel Corporation<\/li>\n\n\n\n<li><strong>Beneficiary<\/strong>: PAGCOR<\/li>\n\n\n\n<li><strong>Cost<\/strong>: Fully funded by SMC<\/li>\n\n\n\n<li><strong>Purpose<\/strong>: To provide PAGCOR with modern infrastructure for its growing operations<\/li>\n<\/ul>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>PAGCOR Financial Performance:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As of September 2024, PAGCOR has reported a significant increase in revenue, nearly doubling its net income to PHP 10 billion. This growth highlights the potential for further expansion and the importance of modern facilities.<\/p>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>SMC\u2019s Broader Role:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition to this project, SMC has invested heavily in infrastructure development, including PHP 300 billion worth of tollway projects in Luzon. This demonstrates the conglomerate\u2019s commitment to national progress and corporate social responsibility.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For further updates, please follow official announcements from PAGCOR and SMC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>San Miguel Corporation (SMC), one of the Philippines&#8217; largest conglomerates, has announced its commitment to construct a new headquarters for the Philippine Amusement and Gaming Corporation (PAGCOR) at no cost to the government. This new facility, to be built by SMC, will enhance PAGCOR\u2019s operational efficiency as the corporation continues to expand, particularly in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9773,"menu_order":138,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[4737,4740,4739,4738,4736],"class_list":["post-9771","asia","type-asia","status-publish","format-standard","has-post-thumbnail","tag-pagcor-infrastructure-news","tag-pagcor-revenue-growth-2024","tag-philippines-gaming-industry-updates","tag-san-miguel-corporation-free-project-for-pagcor","tag-smc-builds-pagcor-headquarters","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>San Miguel Corporation to Build New PAGCOR Headquarters Free of Charge - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mundovideo.com.co\/en\/asia\/san-miguel-corporation-to-build-new-pagcor-headquarters-free-of-charge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"San Miguel Corporation to Build New PAGCOR Headquarters Free of Charge - Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"og:description\" content=\"San Miguel Corporation (SMC), one of the Philippines&#8217; largest conglomerates, has announced its commitment to construct a new headquarters for the Philippine Amusement and Gaming Corporation (PAGCOR) at no cost to the government. 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