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Pagcor Appoints New President and COO Wilma Eisma
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THE privatization of the Philippine Amusement and Gaming Corp. s (Pagcor) 45 casinos has been scheduled for 2025.During a budget briefing at the House of Representatives on Monday, Pagcor Chairman and Chief Executive Officer Alejandro Tengco told lawmakers that his focus is to privatize the casinos. I m looking at 2025 as my timeline. In fact, I have already been doing some studies about the said privatization. My goal is to increase the value of what we will privatize, Tengco said, adding that the timeline he was looking at is the middle of 2025. He said that President Ferdinand Marcos Jr. has approved the privatization plan.Tengco added that Pagcor should purely be a regulator and not an operator at the same time. The privatization of the 45 properties of Pagcor will push through in the third quarter, at the earliest, of 2025, he said.Cagayan de Oro Second District Rep. Rufus Rodriguez sought reconsideration of the privatization. I advocated before, two Congresses ago, for priva
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