Philippines gaming regulator PAGCOR said Wednesday it has cancelled the accreditation of offshore gaming customer relations service provider CGC Technologies Inc after finding it was engaged in illegal activities.
PAGCOR has also fined CGC’s licensed POGO parent, Oriental Game Limited, for “failure to ensure the legitimate conduct of CGC’s business.”
The cancellation of CGC’s accreditation comes a week after the agency revealed it was investigating the provider for alleged credit card fraud, serious illegal detention and human trafficking activities.
PAGCOR confirmed on Wednesday that CGC was involved in criminal activities and also violated some conditions attached to its accreditation. Among the revelations was that CGC was operating six buildings inside the Sun Valley Business Hub in Mabalacat, Pampanga, when only two were accredited by PAGCOR.
Cancellation of the license includes the forfeiture of CGC’s Performance Bond, effective immediately, while Oriental Game has been fined US$350,000.
PAGCOR Chairman and CEO Alejandro Tengco said this was a reminder that all offshore gaming licensees and service providers must abide by Philippine laws, adding that those found to be acting illegally must cease operations immediately.
“Continued operations despite the cancellation of their accreditation or licenses shall be considered illegal. Immediate action will be taken against those who are engaging in such,” Tengco said.
“PAGCOR strongly advocates responsible gaming to curb all forms of social ills being linked to gaming. This is the reason why we continue to forge close partnership with other government agencies. Through proper regulation and cooperation with our law enforcement agencies, we will continue to ensure that revenues from regulated gaming will be used for more worthy causes, especially nation-building.”
