SectorWire
SearchRegister
MenuClose

PAGCOR leadership submits courtesy resignations to Philippine president

People moves

PAGCOR chairman and chief executive Alejandro H. Tengco and the agency’s other board members submitted courtesy resignations to President Ferdinand Marcos Jr. last week, ahead of a directive for government-owned corporations’ officials to do the same. Tengco said the resignations give the president discretion over a government reorganisation; their acceptance remains undecided.

Acceptance could determine the leadership of the Philippines’ gambling regulator and state gaming corporation.

Request a correction

Flag an issue

Keep reading

Regulation

PAGCOR calls for evolving gaming rules and reviews functional separation

PAGCOR chairman and chief executive Alejandro H. Tengco said at a forum in Pasay City that the regulator should regularly review its rules as the Philippine gaming industry changes. He said a proposal to separate PAGCOR’s regulatory and operating functions remains under review by the Governance Commission for Government-Owned or Controlled Corporations, before a decision by President Ferdinand Marcos Jr.

Continue reading