The Philippine Amusement and Gaming Corporation (PAGCOR) has written to officially extend its full endorsement of SiGMA Asia’s upcoming 2024 Manila show. The event, which follows last year’s successful debut, takes place at the SMX Convention Centre, in Pasay, Manila from the 3rd to 5th June.
In its letter, the corporation said it recognizes “the immense potential of the gaming and financial technology sectors in the Philippines, and we believe the SiGMA Asia summit will play a pivotal role in further elevating these industries to new heights.”
“By bringing together key stakeholders, thought leaders and innovators, this summit promises to foster collaboration, drive innovation, and explore opportunities for growth and development within these dynamic sectors,” the statement further reads.
PAGCOR also highlighted its confidence that the SiGMA Asia Summit will not only showcase the Philippines as a hub for gaming and financial technology but also facilitate “meaningful discussions and initiatives that will contribute to the overall advancement of these industries in this region.”
The letter continues by saying that PAGCOR is “committed to supporting initiatives that promote economic development and partnerships” and that authorities are “excited” about collaborating with SiGMA Asia.”
“We eagerly anticipate a fruitful partnership and the positive impact that this summit will undoubtedly bring to the gaming and financial technology landscape in the Philippines,” the letter reads.
In an interview with SiGMA News last month, PAGCOR Chairman and CEO Alejandro Tengco said the agency is laying out plans to make the Philippines an attractive gaming jurisdiction.
“Investors can expect more structural changes towards a more comprehensive legal infrastructure which, in turn, should make the Philippines a more attractive gaming jurisdiction,” Tengco said.
“We shall also continue lowering our license fees and modernizing our systems to help realize our vision of making the Philippines the gold standard in gaming in the Asia-Pacific region,” he said.