Abstract
The Philippine Amusement and Gaming Corporation (PAGCOR) has long played a central role in regulating gambling, generating revenue, and funding socio-civic programs. This paper evaluates the potential privatization of PAGCOR under Republic Act No. 9487 by analyzing its current operations, revenue contributions, and institutional challenges. Using a qualitative policy analysis approach, the study reviews existing laws, financial reports, and secondary data to assess both the effectiveness of PAGCOR’s current framework and the viability of privatization as a policy alternative. Findings highlight that while PAGCOR has significantly contributed to government revenues and social development, issues such as regulatory inefficiencies, social concerns surrounding gambling, and economic vulnerability persist. Privatization offers opportunities for increased efficiency, revenue maximization, and enhanced corporate social responsibility, but it also requires careful safeguards, including a strong regulatory framework, protection of employee rights, and mechanisms to prevent monopolistic practices. The study concludes that privatization, if strategically implemented, can balance economic benefits with social responsibility, thereby fostering a more sustainable and equitable gaming industry in the Philippines.
Keywords: PAGCOR, privatization, corporate social responsibility, gaming regulation,
socioeconomic impact
https://doi.org/10.65494/pinagpalapublishing.114
