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PAGCOR targets Casino Filipino privatisation by late 2026 or early 2027

Regulation

PAGCOR is targeting the privatisation of Casino Filipino by late 2026 or early 2027, subject to a review and approval by the Governance Commission for Government-Owned and Controlled Corporations. Chairman Alejandro H. Tengco said the proposed sale of branches could raise PHP30 billion to PHP50 billion; the plan would shift PAGCOR towards regulation, with a proposal to be sent to the Office of the President after approval.

The proposed sale would end PAGCOR’s casino operations and change its revenue mix and regulatory role.

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Regulation

PAGCOR expects governance commission to endorse regulator-operator split

PAGCOR chairman and chief executive Alejandro Tengco said the Governance Commission for Government-Owned and Controlled Corporations is expected to endorse PAGCOR’s proposal to separate its regulatory role from its Casino Filipino operations. The proposal would then go to the Office of the President for consideration; an executive order would be needed to proceed. Tengco also said PAGCOR plans to launch an app in the fourth quarter to direct users to regulated sites.

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