Bill to clip PAGCORs licensing powers filed in Congress

This is not a drill.

The Philippine House of Representatives has move to clip the licensing powers of state-run Philippine Amusement and Gaming Corporation (PAGCOR).

Members of the Philippine House have been eyeing to snatch the power to issue gambling license from PAGCOR, especially in the wake of the deadly Resorts World Manila arson attack that left 38 people dead two months ago.

But it was only early this month when Congress finally decided to take away the licensing powers from PAGCOR by filing a bill that will make the government-controlled corporation “purely regulatory.”