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Pagcor issues 40 licenses to rebranded POGOs

State gaming regulator and operator Philippine Amusement and Gaming Corp. (PAGCOR) has issued a total of 40 licenses to so-called offshore gaming operators – previously referred to as Philippine offshore gaming operators or POGOs – which it has now termed as internet gaming licensees (IGL)......»»

Category: newsSource: philstar philstarMay 19th, 2024

[Vantage Point] POGOs, the quintessential milking cow

The rapid expansion of POGOs in the country comes at a price. It has put a strain on local infrastructure, including transportation, utilities, and housing......»»

Category: newsSource:  rapplerRelated NewsMar 23rd, 2024

SC junks petition challenging legality of POGOs

The Supreme Court has junked a petition challenging the legality of the rules on Philippine offshore gaming operators or POGOs for violating the doctrine of hierarchy of courts and failing to meet the requirements for judicial review......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

What impact could a potential POGO ban have on the REITs?

I got this question in response to news that the House of Representatives approved two measures that seek to ban POGOs in the Philippines. POGOs, or Philippine Offshore Gaming Operators, are licensed and monitored by the Philippine Amusement and Gaming Corp., and have been controversial since their presence exploded during Rodrigo Duterte’s term as president......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

P2.34-M Pagcor grant to boost Himamaylan’s resilience efforts

P2.34-M Pagcor grant to boost Himamaylan’s resilience efforts.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

LTO: Plastic drivers’ licenses delayed anew due to paper work issues

MANILA, Philippines — The promised plastic cards for driver’s licenses are facing delays, as they still need to overcome technical hurdles before becoming available to the public, Land Transportation Office (LTO) Chief Atty. Vigor Mendoza II said on Monday. The LTO said earlier that the Philippine Society of Medicine for Drivers donated four million plastic.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

PAGCOR keen on issuing more international gaming licenses

The Philippine Amusement and Gaming Corp. is open to keeping the Philippine Offshore Gaming Operators sector alive, with its top official saying that it provides employment to close to 70,000 Filipinos......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

FEO seeks to revoke Quiboloy’s gun licenses

Fugitive pastor Apollo Quiboloy may lose his guns after the Firearms and Explosives Office recommended the revocation of his licenses to own and possess firearms......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024

LTO reminds motorists to renew driver’s licenses

The Land Transportation Office has advised motorists with expiring licenses this month to renew their driver’s permit before April 30......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

402 POGO hubs have expired licenses’

At least 402 Philippine offshore gaming operator hubs in the country have expired licenses, according to the Philippine Anti-Organized Crime Commission......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

Manila LGU extends deadline for applications for business permits and licenses, payment of taxes and fees

Manila Mayor Honey Lacuna announced that the city government has extended the deadline for the filing of applications of business permits and licenses as well as the payment of taxes and fees. This, according to Lacuna, is meant to give business owners and the taxpayers of Manila more time to settle their dues. The mayor […].....»»

Category: newsSource:  journalRelated NewsJan 24th, 2024

On its 10th year, Virtual Playground rebrands to VP Global

Virtual Playground recently rebranded to VP Global Athlete and Artist Management as part of its 10th-anniversary celebration. Formed by veteran movie producer Dondon Monteverde and sports agent/businessman Charlie Dy, VP Global has been overseeing the careers of “champions and idols” in the fields of sports and showbiz......»»

Category: entertainmentSource:  philstarRelated NewsFeb 24th, 2024

MSC, MWI slated at Esports World Cup in Saudi Arabia

Venturing outside Southeast Asia for the first time, the rebranded midyear tournament of Mobile Legends Bang Bang (MLBB), the MLBB Mid Season Cup (MSC) as well as the MLBB Women’s Invitational will be happening in Riyadh, Saudi Arabia during the first Esports World Cup......»»

Category: sportsSource:  philstarRelated NewsJan 25th, 2024

VP Sara mum on political issues

AMID the current political issues Vice President Sara Duterte is facing due to her stand on national issues, she has not discussed it with her father, former President Rodrigo Duterte nor with her UniTeam running mate, President Ferdinand “Bongbong” Marcos Jr......»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

DigiPlus hopes to grow user base by 25% to 50% in FY24

DigiPlus President Andy Tsui guided that PLUS hopes to capture 50% of the P60 billion in gross gaming revenue growth that PAGCOR expects for FY24, and that it is looking to increase its active user base by 25% to 50% to achieve this goal......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

PAGCOR cuts e-game rates to encourage more investments

State-run Philippine Amusement and Gaming Corp. will reduce remittance rates for online and on-site betting platforms by next month in a bid to encourage more investments in the gambling sector......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

A Quick Guide to Online Gambling and Financial Responsibility

With the rise of PAGCOR accredited online gambling platforms, many individuals are drawn to the allure of quick wins and entertainment. However, the world of online gambling will require extreme caution and financial responsibility to avoid potential pitfalls and safeguard one’s financial well-being. Understanding the Risks Online gambling can be enticing, but it comes with […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

Pagcor profit soars to P6.82 billion in 2023

Earnings of state-run Philippine Amusement and Gaming Corp. surged by more than 50 percent to nearly P7 billion last year as the gambling sector bounced back and exceeded pre-COVID levels......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Al Tengco’s gamble

In this gambling republic, Alejandro Tengco, Chairman of gaming regulator Philippine Amusement & Gaming Corp. (PAGCOR), isn’t afraid to roll the dice and place bets......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

HPG Region 12 no authority to apprehend traffic violators, says LTO

GENERAL SANTOS CITY (MindaNews / 5 June)—None among the personnel of the Highway Patrol Group (HPG) in the Soccsksargen region has the authority to apprehend traffic violators and seize driver’s licenses. “None of them can apprehend, they are not authorized by law,” pointed out Melharrieh Tomawis, the Soccsksargen director of the Land Transportation Office (LTO), […].....»»

Category: newsSource:  mindanewsRelated NewsJun 8th, 2024

Pagcor hits Guo’s lawyer: No role in issuing business permits

The Philippine Amusement and Gaming Corp. maintained that the agency has nothing to do with the issuance of local business permits and licenses......»»

Category: newsSource:  philstarRelated NewsJun 5th, 2024