Senate President Francis “Chiz” Escudero is seeking a cost-benefit analysis of the Philippine Inland Gaming Operators (PIGOs) licenses issued by the Philippine Amusement Gaming Corporation (Pagcor) to see if these online gaming operations--easily accessible to many Filipinos--are worth...
Senate President Francis "Chiz" Escudero scored several government agencies for their seeming lack of proper coordination to eliminate the country's remaining Philippine Offshore Gaming Operators (POGOs). "Dapat kasi mag-usap ang Bureau of Immigration (BI), ang Presidential Anti-Organized Crime...
Senator Joel Villanueva hailed the Philippines' removal from the Paris-based Financial Action Task Force (FATF) so-called "grey list” that is poised to rake in financial and economic benefits for the country. On Friday, Feb. 21 (Paris time), the FATF, a global anti-money laundering watchdog,...
Senator Sherwin Gatchalian called the Philippines' removal from the Paris-based Financial Action Task Force (FATF) so-called "grey list” a reversal of the "reputational damage" brought to the country by Philippine Offshore Gaming Operators (POGOs). "The removal of the Philippines from the...
Senator Mark Villar raised the issue of the issuance of seemingly legitimate yet fake documents to Philippine Offshore Gaming Operator (POGO) workers by travel agencies. Sen. Mark Villar says the recent entrapment operation conducted by members of the Presidential Anti-Organized Crime Commission...
The Philippine Amusement and Gaming Corp. (Pagcor) is closing two Casino Filipino branches in Talisay, Cebu, and Tagum, Davao del Norte, due to financial losses, as part of its ongoing rationalization plan. Pagcor Chairman and Chief Executive Officer Alejandro Tengco said in a statement that both...
For Senator Sherwin Gatchalian, the government should already anticipate the presence of Chinese spies in the country considering the tensions in the West Philippine Sea (WPS). "Dapat maging ano na rin tayo, dapat iexpect na rin natin yan dahil alam naman natin meron tayong alitan sa [WPS] at alam...
Sustained robust performance of the electronic games sector drove the Philippine Amusement and Gaming Corporation’s (Pagcor) net income by more than double its earnings in 2023. Pagcor announced on Thursday, Jan. 30, that its net income more than doubled (146 percent) from P6.81 billion in...
In an effort to combat illegal gaming and boost the legitimate e-games sector, the Philippine Amusement and Gaming Corp. (Pagcor) has announced another reduction in its fee rates for electronic games. In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer, said fee rates...
Senator Sherwin Gatchalian said on Wednesday, January 8, that they are working on a separate resolution that seeks to investigate the apparent failure of banks and other financial institutions to flag suspicious transactions of Philippine Offshore Gaming Operators (POGOs). "Kasi nga yan yung isang...
Senator Sherwin Gatchalian has called for sustained action against Philippine Offshore Gaming Operators (POGOs) to ensure that the industry's remnants are effectively purged. “More than ever, we need to sustain our efforts to clear out all criminal syndicates that are products of POGOs. We must...
Instead of boosting the Philippine economy, the recently banned offshore gaming industry exposed the country's systemic vulnerabilities, including money laundering, human trafficking, and espionage, according to the Stratbase Institute. "The POGO (Philippine Offshore Gaming Operator) phenomenon,...
