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PAGCOR says regulatory framework will evolve and cites planned separation

Regulation

PAGCOR chairman and chief executive Alejandro Tengco said the regulator’s framework would continue to change as conditions and its experience develop. He cited a planned separation of PAGCOR’s regulatory and operating functions, saying it would establish clearer industry standards and strengthen its regulatory role.

The proposed separation could change PAGCOR’s regulatory structure and the framework governing Philippine gaming operators.

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Regulation

PAGCOR exclusion list reaches 40,000, Tengco says

PAGCOR has expanded its gambling exclusion programme to about 40,000 people in six months, up from roughly 1,700 before Alejandro Tengco became chairman and CEO. Tengco gave the figures at the launch of Kaban Hotel and Casino in Boracay on 11 October. Approved applicants face a ban of at least one year.

PAGCOR has expanded its gambling exclusion programme to about 40,000 people over six months, up from roughly 1,700 before Alejandro Tengco became chairman and CEO, the regulator's chief said. Tengco gave the figures at the launch of Kaban Hotel and Casino in Boracay on 11 October, according to a report of his remarks.

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