Tengco: Renovations of PAGCOR-owned casinos now underway

Friday, June 7, 2024 3:03 PM
  • Ben Blaschke , Inside Asian Gaming

Comprehensive upgrade works on PAGCOR-owned casinos are now underway as the Philippine gaming regulator looks to enhance the value of its properties ahead of privatization.

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PAGCOR Chairman and CEO Alejandro Tengco also confirmed during a Keynote Address at the G2E Asia conference on Thursday that the agency has reached agreements with the owners of all Casino Filipino properties to commence renovations before the privatization process gets underway.

“The beginning of the privatization process is targeted for the last quarter of 2025 or in the first quarter of 2026 at the latest,” Tengco said. “This will give us enough time to completely upgrade our Casino Filipino facilities in line with our goal of upgrading and enhancing our facilities.