Finance Department to Privatize Pagcor Casinos by End of Year

The Department of Finance said that, in line with President Rodrigo Duterte’s order, it wants to privatize all the casino assets of the Philippine Amusement and Gaming Corporation (Pagcor) before the end of the year. Valuation of the assets of Pagcor’s 46 casinos will be done in the fourth quarter. The government, however, has yet to decide the privatization process to be followed. Duterte said that Pagcor should focus on its…

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