Pagcor oversees 13 casinos, 28 satellite casinos, 25 exclusive clubs and four Arcades across the country. The casino gaming regulator is required to kick 5% of net winnings to the Bureau of Internal Revenue as franchise tax, with half of the remaining 95% going to the Bureau of Treasury. With the government trying to get its escalating deficits under control, President Benigno Aquino is looking to privatize Pagcor, and perhaps get all the golden eggs out of that goose’s belly all at once.