The Philippine Amusement and Gaming Corporation (PAGCOR) delivered an impressive report card in the latest government annual assessment, scoring nearly perfect marks and being rated as one of the best-performing government-controlled corporations for the year 2024. This marks its official recognition in regulatory duties and operational efficiency.
Annual Assessment Revealed: PAGCOR Scores High, Ranking Top Three
In the annual performance evaluation hosted by the Governance Commission for Government-Owned or Controlled Corporations in the Philippines, PAGCOR stood out among many state enterprises with a high score of 99.92%, ranking third overall. The top scorer was the Philippine Charity Sweepstakes Office with a score of 100.63%, followed closely by the Mactan-Cebu International Airport Authority with 100.16%. This evaluation was not just a formality; it comprehensively examined nearly ten key indicators including social impact, financial sustainability, operational efficiency, customer satisfaction, and technological advancement, fully measuring the comprehensive strength of a state enterprise.
Behind the High Scores: Continuous Improvement and Benchmarking
The high score achieved by PAGCOR is the result of its continuous performance improvement over recent years. The evaluation committee noted that the performance of these top enterprises not only reflects efficient management and public service capabilities but also sets an industry benchmark for other government-controlled companies. As the core regulator and operator of the Philippine gaming industry, PAGCOR's excellent evaluation also reflects the phased achievements of the country's gaming industry in standardized governance and compliant operations. This undoubtedly sends a positive signal for enhancing the international image and investor confidence in the Philippine gaming industry.
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