By SectorWire desk · · Updated
PAGCOR chairman and CEO Alejandro Tengco continues to support a proposal to separate regulation from casino operations. The outlet reported that Casino Filipino's losses were nearing ₱7bn.
The proposed separation would change PAGCOR's responsibilities for regulation and casino operations.
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The certification covers 16 sites and branches within PAGCOR's Casino Filipino operations.
PAGCOR's chairman wants online gaming legislation enacted during his term, signalling his legislative priority to operators.
The update concerns the separation of PAGCOR’s responsibilities as gambling regulator and operator.
Philippine gaming operators face calls from PAGCOR’s chairman for regulatory adaptation and ongoing assessment of the agency’s responsibilities.
PAGCOR’s lower income forecast gives investors a measure of the financial pressures facing the Philippine gambling market.
PAGCOR’s planned app would help players identify regulated Philippine platforms, making regulatory status easier to check.