News Phillipines to sell state-run casinos.

[Sevens]

I just saw on the news that the Phillipines government are selling off their state-run casinos. They are currently owned by a subset of the Finance ministry, which is concerned about a conflict of interest between being both the casino owner, and the regulator. They're selling 46 casinos, but the terms of privatisation are yet to be decided.

PAGCOR to sell its casinos by year end

Do you think any of the larger US chains or casino groups will snap them up?

 

[tito]

Probably. I don't know much about economics and stuff like that, but if it's a great deal, then why wouldn't the US chains want to get in on it?