MAKATI CITY: The Philippine Charity Sweepstakes Office (PCSO) headed by General Manager Alexander Balutan together with the representatives of the PCSO Racing Committee signed a Memorandum of Agreement (MOA) with Metro Manila Turf Club, Inc. on December 1 at the Manila Golf Country Club in Makati City for the holding of the Presidential Gold Cup, sponsoring the major prize of P3 million.
The Presidential Gold Cup is an annual major horseracing event in the country in honor of the President of the Philippines. This year is the 45th Presidential Gold Cup and held in Malvar, Tanauan, Batangas on December 10.
GM Balutan delivered his message of support to Metro Turf and the horseracing industry that PCSO will be a constant figure in staging major and minor races in the coming years.
Metro Manila Turf Club Inc. Chairman Norberto Quisumbing Jr. expressed his gratitude to PCSO stating, “I am thankful to this wonderful agency which has been supportive to horseracing events since its humble days from sponsoring major prizes thru its Sweepstakes ticket from a grand prize of P25,000 reaching to a very lucrative P5 million this year.”
BY JUSTIN SANTOS/PHOTOS BY ERICSON DELOS REYES