Decoupling high on PAGCOR agenda as Casino Filipino losses projected to hit US$111 million in 2026

PAGCOR Chairman and CEO Alejandro Tengco has reiterated his confidence that the regulator’s planned decoupling of its regulatory and operational powers will be given the green light amid growing losses for its Casino Filipino brand. In comments to local media during this week’s Grand Opening of Kaban Hotel and Casino Boracay – currently the holiday destination’s only casino – Tengco said he expects the Governance Commission for Government-Owned or Controlled Corporations (GCG) will make a recommendation to the Office of the President in support of decoupling – echoing recent comments made during the IAG Academy Summit in Manila in early…