The Philippine Amusement and Gaming Corporation (Pagcor) partnered with the Development Academy of the Philippines (DAP) to privatize its casinos.
In a statement released on Tuesday, Pagcor said that it needs DAP’s technical assistance in complying with the documentary requirements of the Governance Commission for Government-owned and Controlled Corporations (GCG) to implement its Compensation and Position Classification System (CPCS).
This system is needed before the execution of Pagcor’s casino privatization.
Privatization of Casino Filipino
According to experts of online casinos in South Korea, Pagcor added that it wants to tap the services of DAP in providing training for the corporation’s officers and employees.
On September 13, Tengco announced Pagcor’s transition from being both an operator and regulator to solely being a regulatory body.
Tengco also mentioned that the corporation is making amends with its corporate structure, business processes, and procedures.