By SectorWire desk · · Updated
PAGCOR chairman and chief executive Alejandro Tengco said the regulator must adapt its framework as the Philippine gaming industry changes. Tengco called for ongoing assessment of how the agency fulfils its regulatory responsibilities.
Philippine gaming operators face calls from PAGCOR’s chairman for regulatory adaptation and ongoing assessment of the agency’s responsibilities.
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The proposed separation would change PAGCOR's responsibilities for regulation and casino 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.
PAGCOR’s lower income forecast gives investors a measure of the financial pressures facing the Philippine gambling market.
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The certification covers 16 sites and branches within PAGCOR's Casino Filipino operations.