WEEKLY FEATURE: PAGCOR Going Private?

by Frank Legato

Fri, Aug 13, 2010

Philippine businessman offers $10 billion for the PAGCOR casinos, as the nation’s new president, Benigno Aquino III, ponders the sins of the previous administration and the privatization of the federally owned corporation. PAGCOR Chairman and CEO Cristino L. Naguiat, Jr. (l.) is currently investigating licenses and contracts entered into in the past 10 years.

Full Story