PAGCOR Privatization Expected to Bring $1.1Billion to the Philippines; POGOs Facing License Revocation
The privatization of a chain of the state-owned casinos proposed by Pagcor’s Chairman and CEO Alejandro Tengco and approved by the Philippine President Ferdinand Marcos Jr is expected to raise PHP60 billion (US$1.06 billion) to PHP80 billion US$1.41 billion) for