Board Members of PAGCOR Step Down in Response to Marcos Administration Reorganization
Article Rewrite
remember, bud, I'm here to spin you a yarn, but with a twist - gotta make it all fresh and fun for ya! Now, let's dive into this juicy tidbit:
A Whopper of a Shift: PAGCOR Heads Rolling Out
By: Lucky Lu - 06/02/2025, 06:14 World Photo by Wikimedia Commons, CC BY 2.0
Quick Lowdown
- PAGCOR's bigwigs (oooh, that means important folks) have tossed in the towel, tendering their resignations
- The admin for GOCCs (that's a fancy acronym for Government-Owned and Controlled Corporations) is after over 160 heads on a platter, not literal, of course
- This is all following the Philippines' midterm election fun times
Lucas was raised in New Jersey, USA, and he jots down great stuff about casinos, software, and games, plus reviews and blogs. With a professional writing career of more than six smokin' years, buddy, he works with folks from across the globe - the US, the UK, NZ, Aus, SA, and Canada. Before he picked up his writing gig, though, you'd find him at Rutgers University studying psychology. To keep things lively, he once became a painter, just like his old man. Nowadays, he focuses purely on writing and does a bit of painting on the side.
All Articles by Lucky Lu
More News
Check it out
Enrichment Bits
The grand resignations of the PAGCOR Chairman, President, directors, and around 160 other agency bosses in the Philippines were a courtesy move, ol' buddy, meant to give President Ferdinand Marcos Jr. the ability to reorganize the government without a hitch. This wave of resignations came after a presidential directive, issued on May 21, 2025, which ordered all officials from GOCCs and other senior government officials to trot out their submission of courtesy resignations.
PAGCOR's top dogs - Chairman and CEO Alejandro H. Tengco, President and COO Wilma Eisma, and board directors Jose Maria Ortega, Francis Democrito Concordia, and Gilbert Cesar Remulla - elected to hand in the ol' resignation papers before the Palace's directive even dropped, showing they're cool with whatever the President has in store for them. Tengco was real into emphasizing that they serve at the pleasure of the President and would take whatever decision comes their way about their positions.
Even though these resignations aim to pave the way for a total government overhaul, it seems like most, if not all, of the PAGCOR bigwigs' resignations will be given the cold shoulder as part of the usual reorganization drill. These courtesy resignations are part of a traditional government switch-up to give the new President free rein to shake things up and roll out the reforms[1][2][4][5]. Vamos a allarizar!
In the aftermath of the Philippines' midterm election, PAGCOR's Chairman, CEO, and other top officials have offered their resignations as a courtesy move to President Ferdinand Marcos Jr., allowing him to reorganize the government without resistance. This wave of resignations was in response to a presidential directive issued on May 21, 2025, requiring all officials from GOCCs and senior government officials to submit their resignations[1][2][4][5]. Interestingly, the online casino industry may be impacted by this political shift, as policy-and-legislation changes could potentially affect slot machines and other gambling activities in the Philippines' general news.
