By SectorWire desk ·
The report said that Geronimo Law expects buyers to resist mandatory retention of Casino Filipino employees. Its analysis said such requirements could reduce bid values in PAGCOR’s proposed disposal of around 40 venues.
Staff retention requirements could lower the bids PAGCOR receives for casino venues.
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The proposed separation would change PAGCOR's responsibilities for regulation and casino operations.
The certification covers 16 sites and branches within PAGCOR's Casino Filipino operations.
The certification applies to 16 sites in PAGCOR’s Casino Filipino network.
The certification covers quality standards at the selected Casino Filipino locations.
Staff-retention conditions could affect bidding values for PAGCOR’s planned casino disposals.
Landlord consent and employee obligations could affect the sale process and bid values.