The top-to-bottom remaking of the Philippines’ gaming industry shows no signs of letting up as the government takes steps to privatize the state lottery.
On Thursday, Economic Planning Secretary Ernesto Pernia announced that the government planned to privatize the lottery operations of the state-owned Philippine Charity and Sweepstakes Office (PCSO).
The Standard quoted Pernia saying the government’s plan was to “privatize and then regulate.” But Pernia also suggested that the government’s intent was to allow additional private lottery operators to enter the market. “Those who want to set up, they can also set up.”
This isn’t the first time politicians have suggested privatizing the PCSO. In 2011, Senator Franklin Drilon attempted to push through a privatization program following allegations of the misuse of government funds but these plans never gained traction.