NATIONAL
Advocates Philippines
Pagcor's New Logo Stirs Controversy
Photo credit: PAGCOR
President Ferdinand R. Marcos, Jr. and PAGCOR Chairman and CEO Alejandro H. Tengco took center stage at the Marriott Hotel Manila in Pasay City as they unveiled the new logo of the Philippine Amusement and Gaming Corporation (PAGCOR) during the agency's 40th anniversary celebration. The event was attended by notable guests including First Lady Liza Araneta-Marcos and House Speaker Martin Romualdez.
The highlight of the event was the introduction of PAGCOR's new logo, which represents the agency's revitalized role as the primary gaming regulator in the Philippines. Chairman Tengco explained that the logo incorporates the element of fire, symbolizing energy, inspiration, passion, and transformation. It signifies the flame that ignites change and propels progress, while also serving as a beacon of guidance, leadership, and direction.
The agency, established in 1983 through the PAGCOR Charter issued by President Ferdinand Marcos, has played a significant role in nation building and has emerged as one of the government's major revenue generators.
During the event, Chairman Tengco proudly announced PAGCOR's remarkable accomplishments. The agency's total Contributions to Nation Building (CNB) over the past four decades amount to approximately P607 billion, with total dividend remittances since 2011 reaching P64 billion. These numbers bring PAGCOR's actual total contributions to an impressive P671 billion.
Chairman Tengco highlighted that under the administration of President Marcos, Jr., PAGCOR's CNB for the past year alone reached P45 billion, and this figure is projected to increase to P70 billion by the end of the year.
Meanwhile, It seems that the new logo of the Philippine Amusement and Gaming Corporation (PAGCOR) has received mixed reactions from netizens. Some individuals expressed their disappointment and questioned whether the design justified its budget of P3,035,714.28.
They suggested that PAGCOR could have organized a logo-making contest to tap into the creativity of Filipinos and potentially come up with a better logo at a lower cost.
One netizen pointed out similarities between the new PAGCOR logo and other existing images, such as the Petron logo, a shrimp, and even a devil. This observation led to further criticism about the lack of originality and substance in the logo design.
Another individual mentioned a successful logo-making contest held by a radio station in Cagayan de Oro, where students were invited to submit their logo entries. The contest generated a great turnout and produced a logo that resonated with the brand.
One netizen expressed skepticism about the value of the logo, humorously suggesting that the Philippines has an abundance of corrupt officials rather than a shortage of creative talent. Another individual expressed disappointment, stating that the logo did not inspire them despite its high cost.
The highlight of the event was the introduction of PAGCOR's new logo, which represents the agency's revitalized role as the primary gaming regulator in the Philippines. Chairman Tengco explained that the logo incorporates the element of fire, symbolizing energy, inspiration, passion, and transformation. It signifies the flame that ignites change and propels progress, while also serving as a beacon of guidance, leadership, and direction.
The agency, established in 1983 through the PAGCOR Charter issued by President Ferdinand Marcos, has played a significant role in nation building and has emerged as one of the government's major revenue generators.
During the event, Chairman Tengco proudly announced PAGCOR's remarkable accomplishments. The agency's total Contributions to Nation Building (CNB) over the past four decades amount to approximately P607 billion, with total dividend remittances since 2011 reaching P64 billion. These numbers bring PAGCOR's actual total contributions to an impressive P671 billion.
Chairman Tengco highlighted that under the administration of President Marcos, Jr., PAGCOR's CNB for the past year alone reached P45 billion, and this figure is projected to increase to P70 billion by the end of the year.
Meanwhile, It seems that the new logo of the Philippine Amusement and Gaming Corporation (PAGCOR) has received mixed reactions from netizens. Some individuals expressed their disappointment and questioned whether the design justified its budget of P3,035,714.28.
They suggested that PAGCOR could have organized a logo-making contest to tap into the creativity of Filipinos and potentially come up with a better logo at a lower cost.
One netizen pointed out similarities between the new PAGCOR logo and other existing images, such as the Petron logo, a shrimp, and even a devil. This observation led to further criticism about the lack of originality and substance in the logo design.
Another individual mentioned a successful logo-making contest held by a radio station in Cagayan de Oro, where students were invited to submit their logo entries. The contest generated a great turnout and produced a logo that resonated with the brand.
One netizen expressed skepticism about the value of the logo, humorously suggesting that the Philippines has an abundance of corrupt officials rather than a shortage of creative talent. Another individual expressed disappointment, stating that the logo did not inspire them despite its high cost.
Jul 12, 2023
