Wednesday, May 8, 2024

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Philippines’ anti-crime body files new charges against Pasay POGO executives

Prosecutors have received testimony from 10 Chinese nationals implicating seven of their compatriots in illicit activities at a Pasay City-based POGO (Philippine Offshore Gaming Operator) firm raided last year.

Philippine senator calls for POGO ban due to fugitive concerns

The Philippine Senate Deputy Minority Leader Risa Hontiveros is urging for an immediate halt to the operation of Philippine Offshore Gaming Operators (POGOs) within the country, citing concerns that human trafficking is intertwined with its business operations.

Senator urges Philippines gov’t to boost crackdown on foreigners involved in illegal POGOs

Philippine Senator Sherwin T. Gatchalian is urging the country's Bureau of Immigration (BI) to intensify efforts to prevent foreigners involved in illegal Philippine Offshore Gaming Operators (POGOs) from entering the country and establishing more illicit operations.

Chinese Embassy endorses Philippines in addressing the ‘root causes’ of POGOs

The Embassy of China in the Philippines, on Thursday, has issued a statement emphasizing its support for the Philippine Government in addressing the 'root causes' of issues stemming from the offshore gambling industry.

Daily Asia Gaming eBrief: Fee reduction to help POGO market revamp – Winn Tech COO

A move in the right direction. Andy Jeon, COO of Winn Tech, believes the lowered fee enhances POGOs' competitiveness against both land-based casinos and the grey market, which often faces lower taxes.

Philippine senator calls for probe into local mayor’s POGO links

A mayor in the Philippines is facing questions concerning his connection to two recently raided Philippine Offshore Gaming Operators in his municipality.

Lower licensing fee to help in “cleanse” of “black market” POGOs – Officials

Lower licensing fees and tighter probity checks are helping to "cleanse" the multiple criminal elements reported in previous Philippine offshore gaming operators (POGOs) operations, PAGCOR officials commented.

Philippines court dismisses challenges to PAGCOR’s POGO regulations

The Supreme Court has rejected petitions contesting the jurisdiction of the Philippine Amusement and Gaming Corporation (PAGCOR) to enforce regulatory measures on Philippine offshore gaming operators (POGOs) as per the approved RR-POGO in 2016.

Daily Asia Gaming eBrief: POGO ban wouldn’t cause property market crisis

POGO operators still comprise some 20 percent of the office space transactions in Metro Manila, despite a drop in demand amongst ongoing changes to the online space. Real estate group Colliers notes that there has been "no significant effect on the overall office market".

POGO ban wouldn’t result in property market crisis: Colliers

Despite the ongoing shortfall in demand for office spaces from Philippine Offshore Gaming Operators (POGOs) compared to pre-COVID levels, POGO operators still comprised 20 percent of office space deals in 2023.