On the back of scrapping and then supporting the Philippines’ online gaming industry, President Rodrigo Duterte now appears bent on privatising the state lottery.
Economic Planning Secretary Ernesto Pernia announced on Thursday 15th September the government’s plan to privitise the Philippine Charity and Sweepstakes Office.
According to The Manilla Standard, Pernia not only indicated that the Duterte administration will privatise and regulate the lottery but also suggested that the government is open to allowing additional private lottery operators to enter the market.
Philippine lottery privatisation had previously been mooted in 2011 by Senator Franklin Drilon. That it is now receiving a fresh airing further demonstrates how President Duterte has woken up to the economic upside of the gambling industry.
As for why Secretary Pernia broke the news rather than the far-from-camera-shy Dutertre, this might have something to do with the story currently being carried by all major news networks about the president having machine gunned to death a political rival prior to his election in June.