Duterte pushes for Pagcor and PCSO merger

Philippine president Rodrigo Duterte is pushing for the merger of state-owned gaming companies, Philippine Amusement and Gaming Corp (Pagcor) and lottery operator  Philippine Charity Sweepstakes Office (PCSO), local media reports.

The move was confirmed by Pagcor chair Andrea Domingo during a budget briefing at the Philippines’ House of Representatives this week.

When asked about her stance on the merger, Domingo said, while she will not object to the policy of the national government, there would be difficulties in combining everything under one roof.

“We have been told (of the proposed Pagcor-PCSO merger), but it will be difficult to manage games for the ‘masa’ and games for the high-end. We will need good managers to run all of this. But if it will be government policy, I will not object to it,”  said Domingo.

As well as consolidating its operations with PCSO, Domingo also said the Department of Finance was pushing for the privatization of 45 state casinos in the country.

However, Domingo said this was also a difficult job given each site had different leasing terms.

Related Articles

Metro Manila quarantine strengthened and lengthened

Philippine President Rodrigo Duterte, responding to appeals from frontline medical workers battling Covid-19, has ordered a Modified Enhanced Community Quarantine (MECQ), the second-strictest designation, to be implemented from August 4 to 18. Duterte had only recently ordered the General Community Quarantine (GCQ) to be extended to August 15, but this was judged to be insufficient […]

Manila general community quarantine extended to August 15

Metro Manila will have no relief from its Covid-19 related general community quarantine until at least August 15, according to a decision made by President Rodrigo Duterte. Metro Manila has been under the general community quarantine designation for about eight weeks, with the initial lockdown having begun on March 15, four-and-a-half months ago. The medical […]

Duterte extends coronavirus lockdown to mid-May

Philippines President Rodrigo Duterte on Friday announced an extension of the lockdown on metropolitan Manila and parts of Luzon until May 15. The “enhanced community quarantine” will continue to apply to “high-risk” areas, including Metro Manila and 17 provinces in Luzon. However, the government said it would study whether restrictions in some of the affected […]

Duterte considers loosening Luzon lockdown

President Rodrigo Duterte on Monday met with health experts and former officials from the Department of Health to receive “critical information” that will help him decide whether to cease the Luzon lockdown or ease it in order to begin business recovery, local media reports. On Sunday, Justice Secretary Menardo Guevarra said that the government could […]