On June 13, 2024, the Philippine Charity Sweepstakes Office (PCSO) and Philippine Racing Commission (PHILRACOM) reached an agreement and signed a Memorandum of Agreement (MOA) at the PCSO Main Office, Shaw Boulevard, Mandaluyong City.
The MOA signifies the continued commitment of PCSO to support the horse racing industry by sponsoring prizes and trophies of eight stake races for the CY 2024 conducted by PHILRACOM.
The signing of the MOA demonstrates the determination of both agencies to work together to promote horse racing tourism and PCSO games through a joint advertising campaign. It is expected that through unity and cooperation, their operations will be smoother and more effective for the advancement of the racing sector in the Philippines.