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The Latest in pagcor
Legal
June 13, 2023
Clark Development County Stops POGOs from Registering in the Freeport Zone
Known as POGOs, several illegal operators were recently embroiled in a controversy that saw an offshore gaming hub in Sun Valley Clark shut down. The allegations levied against the operators based there ranged from human trafficking to illegal gambling, with the Philippines recently involved in an international scandal. CDC Takes Issue with New POGOs Criminals […]
Casino
June 12, 2023
PAGCOR Goes after POGOS That Offer Sub-Licenses
The latest regulatory move sees the national watchdog, the Philippine Amusement and Gaming Corporation (PAGCOR), prepared to issue show-cause orders and fines up to $50,000 to any POGO that has let third-party run operations under its own license. The news was first reported by Rappler, a media outlet that cited officials. PAGCOR Tightens the Noose […]
Industry
June 5, 2023
PAGCOR Slams Illegal Gambling in the Wake of Maryland License Plate Scandal
The Philippine Amusement and Gaming Corporation (PAGCOR) has addressed a recent issue related to a problematic Philippine gambling website that appears on car license plates in Maryland. The site in question is www.starsprangled200.org and was originally a site belonging to a non-profit organization that commemorated 200 years from the War of 1812. At that time, […]
Legal
May 18, 2023
PAGCOR Warns Operators Following Recent CGC Technologies Raid
The Philippine Amusement and Gaming Corporation (PAGCOR) has issued a “stern warning” to its offshore licensees and accredited service providers, asking them to comply with the local rules. The body’s chair and chief executive officer, Alejandro Tengco, addressed gambling companies in the country, reminding them that they are legally obliged to operate within the bounds […]
Industry
March 22, 2023
PAGCOR Considers Privatizing Its Casinos
Alejandro Tengco, the chairman of the Philippine gambling regulator PAGCOR, has ambitious plans to privatize the PAGCOR casinos. If the authority proceeds with these plans, it will be able to dedicate all its efforts to regulatory affairs. Currently, the PAGCOR serves both as a regulator and operator. However, this dual purpose seems to be straining […]
Legal
March 10, 2023
PAGCOR Terminates Contract with Auditor That Provided Fake Documents
The Philippine Amusement and Gaming Corporation (PAGCOR), the body responsible for regulating gambling in the Philippines, is terminating the contract of one of its partners. As announced by the authority, it will no longer be working with Global ComRCI, a third-party POGO auditor. Global ComRCI was responsible for probing the businesses of Philippine Offshore Gaming […]
Industry
January 30, 2023
Ex-Senate Head Proposes Privatizing PAGCOR
Franklin Drilon, the former Philippines Senate Minority leader, has urged the government to consider privatizing PAGCOR and the Philippine Charity Sweepstakes Office (PCSO) as a way to finance the proposed Maharlika Investment Fund. Privatization Is Meant to Support the Proposed Maharlika Investment Fund The sovereign fund, if established, would see the Philippine government invest in […]
Industry
January 25, 2023
PAGCOR Answers Backlash and Commits to Nurturing POGO Industry
This comes after a Senate hearing on January 23, where PAGCOR was accused of failing to take sufficient action against offending POGOs and hiring an unlicensed company to audit POGO revenues and taxes. PAGCOR Sees POGO Industry as Beneficial to the Philippines’ Economy In an official statement released on January 24, PAGCOR addressed these accusations […]
Legal
January 24, 2023
PAGCOR Under Pressure for Working with Unlicensed Tax Auditor
In 2017, PAGCOR gave Global ComRCI a consultancy agreement worth PHP 26 billion ($477 million) for monitoring the revenues of licensed Philippine Offshore Gaming Operators (POGOs) and ensuring that they were paying the appropriate amount of tax. However, it has recently been exposed that Global ComRCI is not registered in the Philippines and did not […]
Sports
January 20, 2023
PAGCOR Contributes Another $4.7M to Philippine Sports Commission
The latest remittance of funds to the Philippine Sports Commission (PSC) demonstrates that the Philippines gaming regulator and operator, PAGCOR, is an important part of the economy and its ways work. PAGCOR Continues to Support Sports in the Philippines The regulator has been lambasted by numerous MPs and insiders of the government of President Bongbong […]