IF the Marcos government is still looking for sources of funds, it should consider selling the casinos owned and operated by the Philippine Amusement and Gaming Corp. (Pagcor). It is a government-owned and -controlled corporation that also regulates the gaming industry. And with a private gaming industry thriving in the country, can a regulator ensure a level playing field when it is also a competitor? The entrance of a casino run by the Philippine Amusement and Gaming Corp. (Pagcor) in Malate, Manila on Saturday, Aug. 6, 2022. PHOTO BY RENE H. DILANYears ago, some already suggested the privatization of Pagcor's gaming business based on moral grounds.

Source: Manila Times August 06, 2022 22:21 UTC