The Philippine Amusement and Gaming Corp. (PAGCOR) said it is expecting guidance from Malacañang within the next two months on its proposal to separate its regulatory and casino operating functions, as reported by BusinessWorld .
PAGCOR is awaiting a recommendation from the Governance Commission for Government-Owned or -Controlled Corporations (GCG), which will guide Malacañang's decision. The state-run gaming firm expects the GCG's input within the next month.
The separation of PAGCOR's regulatory and casino functions has been a topic of discussion amid efforts to professionalize the gaming industry and avoid conflicts of interest. The outcome of the Palace guidance will determine the future structure of the agency.