{"id":777009345,"date":"2023-09-18T08:51:18","date_gmt":"2023-09-18T11:51:18","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777009345"},"modified":"2026-04-22T17:59:24","modified_gmt":"2026-04-22T20:59:24","slug":"pagcor-transitioning-to-regulatory-role-ceo-says","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/pagcor-transitioning-to-regulatory-role-ceo-says","title":{"rendered":"PAGCOR transitioning to regulatory role, CEO says"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Alejandro H. Tengco says PAGCOR is proceeding with its restructuring. <\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">The Philippines.-\u00a0The Philippine Amusement and Gaming Corporation (PAGCOR)\u00a0has begun to transition from its dual role as an operator and regulator to a solely regulatory role.\u00a0Speaking at the IAG Academy Summit on September 13, chairman and CEO Alejandro H. Tengco confirmed the shift has begun with the aim to complete it <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/pagcor-plans-privatisation-of-its-45-casinos-by-2025\" target=\"_blank\">by 2025<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">AGCOR is restructuring its corporate framework and operational procedures and is consolidating its offices in a single location. Tengco recognised the potential impact on employees and said PAGCOR has been engaging with staff through town hall meetings to assure them of plans to mitigate any potential displacement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He said PAGCOR was committed to &#8220;levelling the playing field&#8221; in the gaming industry and ensuring sustainable growth for all stakeholders. He said: &#8220;We certainly know our potential and capability to become the gold standard in the Asian gaming scene.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tengco noted that PAGOR has implemented\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/new-pagcor-egm-standards-to-take-effect-in-january-2024\" target=\"_blank\">new regulations<\/a>\u00a0for international gaming licensees and is modernising its own casinos ahead of their sale.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>See also:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/pagcor-warns-against-misuse-of-logo-by-unauthorised-gaming-websites\" rel=\"noreferrer noopener\">PAGCOR warns against misuse of logo by unauthorised gaming websites<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alejandro H. Tengco says PAGCOR is proceeding with its restructuring.<\/p>\n","protected":false},"author":176,"featured_media":777008355,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Philippine Amusement and Gaming Corporation (PAGCOR) is undergoing a significant corporate restructuring, transitioning from its dual operator and regulator function to a purely regulatory body, with completion targeted by 2025. This strategic shift involves modernizing its casinos for eventual sale and implementing new regulations for international gaming licensees, aiming to foster a more equitable and sustainable gaming landscape in the Philippines.","focusai_entities":"Philippine Amusement and Gaming Corporation (PAGCOR), Alejandro H. Tengco, IAG Academy Summit","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.9), affiliate_publisher (0.7), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.85), journalist_researcher (0.95)","focusai_suggestions":[{"label":"PAGCOR Casino Divestment","query":"What is the projected timeline and valuation strategy for the divestment of PAGCOR's operational casino assets, and how will this impact the competitive landscape for private operators?"},{"label":"Regulatory Framework Evolution","query":"How will PAGCOR's new regulatory framework for international gaming licensees differ from previous guidelines, and what specific compliance burdens will be imposed on B2B and B2C entities?"}],"footnotes":""},"categories":[156,158,16333],"tags":[405],"class_list":["post-777009345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation-news","category-slider-home","category-south-east-asia-news","tag-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777009345"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009345\/revisions"}],"predecessor-version":[{"id":777009378,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009345\/revisions\/777009378"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777008355"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777009345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777009345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777009345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}