Rappler
Thousands may lose jobs as Pagcor looks to shed operator role, lean into online gambling
The Philippine Amusement and Gaming Corporation (PAGCOR) is proceeding with its plan to "decouple" its role as a casino operator, focusing solely on regulation and licensing.
PAGCOR Chairman and CEO Alejandro Tengco explained that the agency's dual role as both regulator and operator is no longer suitable for the mature gaming industry, comparing it to a referee also playing the game.
The Governance Commission for Government-Owned and Controlled Corporations (GCG) is currently reviewing the necessary documents for this operational shift.
However, the Pagcor Employees Association (PAGCEA) and their legal counsel, Remus Reyes, are opposing the move, citing fears of job losses for an estimated 8,000 to 10,000 casino workers.
Reyes has also raised concerns about the constitutionality of the decoupling, arguing that such a decision requires an act of Congress and is beyond the authority of the GCG and the President.
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