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...
The Philippine Amusement and Gaming Corp. (PAGCOR) was conned into a P6-billion contract for a third party auditor by Global ComRCI which was tasked to audit Philippine Offshore Gaming Operators (POGOs), Senator Sherwin Gatchalian said on Monday, January 23. Gatchalian, chairman of the Senate...
Senator Ronald “Bato” Dela Rosa on Monday, January 23 urged Philippine Amusement and gaming Corp. (PAGCOR) officials to revoke the licenses of erring Philippine Offshore Gaming Operators (POGOs) involved in crimes saying the government should not be afraid to exert supremacy over them....
The 6.2-hectare City of Dreams Manila, located at the gateway of Entertainment City’s Manila Bay area and part of the Aseana City township development, is a premier leisure and entertainment destination whose commitment to safe guarding the welfare and well-being of its gaming patrons is...
Camarines Sur 2nd district Rep. LRay Villafuerte wants the Department of Information and Communications Technology (DICT) to spearhead an operation against illegal gambling sites together with the National Bureau of Investigation (NBI) and the Philippine Amusement and Gaming Corp. (PAGCOR)....
Senator Sherwin Gatchalian on Wednesday, November 23 said he is considering amending the Philippine Amusement and Gaming Corporation’s (PAGCOR) Charter to pave way for the creation of another agency that would be in charge of gambling operations in the Philippines As of now, Gatchalian said it is...