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Tengco: Pagcor priva plan moves
Manila Bulletin
|September 11, 2025
State-run Philippine Amusement and Gaming Corp.’s (Pagcor) plan to separate its dual roles as a gaming watchdog and player has become clearer and is now taking shape following its chief’s reiteration of the move.
“Pagcor’s dual role has served its purpose in the past, but as the industry matured, it became clear that—in layman’s terms—a referee cannot also be a player on the same field,” Pagcor Chairman and CEO Alejandro H. Tengco said at the Inside Asian Gaming (IAG) Summit 2025.
Pagcor must secure approval from the Governance Commission for Government-Owned and Controlled Corporations (GCG), which is currently reviewing the necessary documents, before it can proceed with the decoupling.
This story is from the September 11, 2025 edition of Manila Bulletin.
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