The Philippines government said it plans to privatize more assets over the next three years, including casinos run by Philippine Amusement and Gaming Corp. (Pagcor).
The Philippine Amusement and Gaming Corporation (PAGCOR) is a 100 percent government-owned and controlled corporation that runs under the direct supervision of the Office of the President of the Republic of the Philippines.
The Corporation was created during the Martial Law years by virtue of a Presidential Decree (PD1067-A) issued by then President Ferdinand Marcos in response to calls for the Philippine Government to put a stop to the growing proliferation of illegal casino operations in various parts of the country then. The law creating PAGCOR was later amended and consolidated under PD 1869 otherwise known as the PAGCOR Charter.
Pagcor is headed by Andrea D. Domingo, who serves as its chairman & CEO.
It currently operates 13 casino branches in major cities across the country’s three major islands. Collectively called Casino Filipino, these branches are strategically located in areas that are popular tourist destinations: