The Philippine Amusement and Gaming Corp. (Pagcor) said it is "seriously considering" the sale of its casino operations, estimated to raise P80 billion in revenues for the government, to focus solely on regulatory function. In a statement, Alejandro Tengco, Pagcor chairman and chief executive...
The Senate will continue to investigate all the key players in the anomalous transaction between the Philippine Amusement and Gaming Corporation (PAGCOR) and Global ComRCI despite the latter’s termination of the contract as it third-party auditor for Philippine Offshore Gaming Operators or POGOs....
Sen. Sherwin Gatchalian on Sunday, February 19 said the contract between the Philippine Amusement and Gaming Corporation (PAGCOR) should immediately be canceled following the denial of New York-based Soleil Chartered Bank's (SCB) that it issued a bank certificate for the third party auditor...
A New York-based commercial bank has expressed willingness to cooperate with a Senate panel investigating the Philippine Amusement Gaming Corp.’s (PAGCOR) alleged anomalous contract with a third party auditor for Philippine Offshore Gaming Operators (POGOs). In a letter to Janice Godornes,...
The Philippine Amusement and Gaming Corp. (Pagcor) has revived its nationwide photography contest for amateur and professional photographers after six years of hiatus. With the theme, “Sa’n Tayo Next?”, the Pagcor Photography Contest 2023 aims to highlight the unadulterated, yet equally...
New York-based Soleil Chartered Bank (SCB) is denying it issued a bank certification to a local firm that was procured by the Philippine Amusement and Gaming Corp. (PAGCOR) to be its third party auditor to handle financial matters of Philippine Offshore Gaming Operators (POGOs). SCB issued the...
Revenues of the Philippine Amusement and Gaming Corp. (Pagcor) soared by 66 percent last year, driven by the opening of country’s borders to local and foreign tourists following the pandemic. In a statement, Alejandro Tengco, Pagcor chairman and chief executive officer, said the gaming...
Senator Sherwin Gatchalian has filed a resolution urging the Senate Blue Ribbon Committee to conduct a separate investigation on the Philippine Amusement and Gaming Corp.’s (PAGCOR) alleged anomalous procurement of a third party auditor in charge of determining the gross revenues of Philippine...
Former Senate President Franklin Drilon sought on Saturday, Jan. 28 the privatization of the government’s gaming industry to fund the Maharlika Investment Fund (MIF) being proposed by administration allies. The solution to the problem of funding the MIF ‘’lies in the long overdue...
The Philippine Amusement and Gaming Corporation (Pagcor) should not be prejudged on the issue of the third-party auditor that the agency tapped to examine fees paid by Philippine Offshore Gaming Operators (POGOs) to the government. Former AGHAM Party-list Rep. Angelo Palmones (Facebook) Former...
The Philippine Amusement and Gaming Corp. (Pagcor) said the contract of the third-party auditor for Philippine offshore gaming operations (POGO) has been under review since September last year. In a statement, Pagcor said that its contract with Global ComRCI, the third-party auditor for offshore...
Senate Minority Leader Aquilino Pimentel III has sought a probe into possible corruption and other violations by officials of Philippine Amusement and Gaming Corporation (Pagcor) involved in an alleged anomalous multi-billion-peso contract with a third party auditor. Through Senate Resolution 443...
