Pagcor’s Vice President for Finance Group Recto Baltazar Jr (left) turns over to Deputy Treasurer-OIC Ed Mariño the agency’s P1.6 billion cash dividend, representing the agency’s entire net earnings for 2020. The turnover of contributions was held at the Bureau of the Treasury office in Intramuros, Manila. Also in photo is Pagcor’s Asst. VP for Fund Management Department Maria Cynthia Paz (extreme right).
AMID the sharp decline in its gaming revenues due to the impact of the Covid-19 pandemic, the Philippine Amusement and Gaming Corporation (Pagcor) remitted P1.6 billion cash dividends to the National Treasury today (May 12, 2021).