ABOUT 12 government-owned and -controlled corporations (GOCCs) are recommended to the President to be rationalized due to their conflicting regulatory and commercial functions.
The Governance Commission on GOCCs said that it includes the country’s gaming regulator.
“The Governance Commission has reviewed the mandates of 12 GOCCs in relation to competitive neutrality issues, as part of its commitment to the Philippine Development Plan (PDP) 2017-2022. Among the 12 is the Philippine Amusement and Gaming Corporation (PAGCOR) which the GCG has recommended to President Rodrigo Roa Duterte for separation of commercial and regulatory functions due to its conflicting proprietary activities and regulatory functions in which its operation of casinos conflicts with its function as a gaming regulator,” the GCG said in a statement yesterday. — Elijah Joseph C. Tubayan

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