Philippine gaming regulator PAGCOR has cancelled the Philippine Offshore Gaming Operator (POGO) license of CGC Technologies, an offshore gaming service provider based in Pampanga, as well as the offshore gaming accreditation of the whole of the Sun Valley Clark hub.

The Philippine Amusement and Gaming Corporation (PAGCOR) has canceled the accreditation of offshore gaming customer relations service provider CGC Technologies Inc. (CGC). 

PAGCOR’s planned sale of its self-operated casinos, under the Casino Filipino brand, is expected to take place within the next year or two, according to the nation’s Finance Undersecretary.

Philippine gaming operator and regulator PAGCOR has issued a ‘stern warning’ to POGO providers ‘engaged in illegal activities’, as calls for a shutdown of the sector continue to grow.

Philippine gaming regulator and operator PAGCOR announced that it has remitted some PHP1.95 billion ($34.74 million) in cash to the National Treasury – representing the agency’s declared dividends for 2022.

The Philippines Department of Justice is going to take an in-depth look at the licenses issued by PAGCOR to Philippine Offshore Gaming Operators (POGOs), after a raid on a business processing company in Pampanga over suspected internet scamming and human trafficking.

The Philippine Supreme Court, the Sandiganbayan, has set two hearing dates for former Philippine Amusement and Gaming Corp. (PAGCOR) chair Efraim Genuino to present evidence on two of the 39 criminal charges he is facing.

The Philippine Amusement and Gaming Corporation (PAGCOR) led the groundbreaking of a basketball court-type multi-purpose evacuation center (MPEC) in a calamity-prone town here.

PAGCOR's Chairman, Alejandro H. Tengco pledges a new wave of Philippine gaming, with enforced regulation even as the group partners further with industry, including the sale of its casinos but continuation of its relationship with POGOs. In Macau, MGM China sees a stellar rebound in 1Q23, as EBITDA rises to $169 million, even as GGR overall in the city is up 450 percent yearly to $1.83 billion. The Labor Day holiday spells more for the city, with up to 340k daily border crossings expected at the top terrestrial boundary.

Alejandro H. Tengco, PAGCOR Chairman and CEO notes that the group is ushering in a new era as it partners with the industry and welcomes new and increased regulation. The group moves to sell off its own Casino Filipino assets, even while maintaining POGOs, despite some opposition towards offshore operations. The group's head says healthy competition leads a strong market.