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Legal
May 10, 2020
POGOs to Undergo New, Stricter Vetting Process
POGOS announced news regulatory measures that will determine the validity of licensee-holders in the Philippine offshore gaming industry and whether they are compliant with government-issued norms. New, Stricter POGO Vetting Underway The Philippine gaming regulator released a statement on Friday, May 8, cautioning operators that tougher gambling laws would come into effect moving forward, and […]
Legal
May 1, 2020
PAGCOR to Restore POGOs Operations at Limited Capacity
Closed down since March 18, POGOs are now about to start up again and help the Philippines fight COVID-19 by contributing financially. POGOs Back in Business, PAGCOR Says Following several weeks of suspension of activities, the Philippines Amusement and Gaming Corporation (PAGCOR) has given the go-ahead to the country’s offshore casino industry to return to […]
Casino
March 11, 2020
POGOs Represent Serious Threat Regarding Money Laundering
The Anti-Money Laundering Council /AMLC/ in the Philippines reported that POGOs and their service providers present vulnerabilities in terms of high money laundering risk. Cash Is Untraceable The financial intelligence unit in the country, the AMLC, based its conclusion that Philippine Offshore Gaming Operators /POGOs/ are too exposed to illegal money operations due to a […]
Casino
January 29, 2020
PAGCOR Tells POGOs to Put Employees Under Quarantine Because of Coronavirus
The Philippines gaming regulator, PAGCOR, has told POGOs to put employees, flying back from a list of countries where the coronavirus has been confirmed, under a 10-day quarantine. POGOs to Put Employees Under Quarantine as Fears of Coronavirus Mount Fearing coronavirus infection, PAGCOR, the Philippines gaming regulator, has issued a memorandum to all Philippine Offshore […]
Business
January 5, 2020
The Offshore Gaming Sector Will Drive the Office Demand in 2020
The permanent demand for office space from Philippine offshore gaming operators (POGO) is expected to continue in 2020. POGOs Will Be the Leader in Renting Office Spaces This Year Monique Cornelio-Pronove, chief executive officer of Pronove Tai International Property Consultants claims in an interview with Business World that despite the limited office supply next year, the offshore […]
Business
January 4, 2020
POGOs Investigated by the Senate over Legislation Abuse and Security Threats
POGOs are going to be investigated by a Senate panel for hiring unregistered foreign workers, not paying taxes, and non-complying with immigration and labor laws. POGOs investigation will be the Senate’s priority throughout the next legislative session beginning Jan 20. A Senate Panel Will Investigate POGOs to Help Legislation The Philippine Offshore Gaming Operators (POGOs) industry […]