• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Monday 27 October 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

PAGCOR says crime syndicates not licensed IGLs pose threat to national security

Newsdesk by Newsdesk
Sun 9 Jun 2024 at 14:24
Philippines power giant reveals plan to develop new Metro Manila IR

Manila, Philippines

16
SHARES
390
VIEWS
Print Friendly, PDF & Email

Philippine gaming regulator PAGCOR said Sunday that legitimate and licensed offshore gaming operators pose no threat to national security, pointing instead to “alien hacking and scam syndicates” as the real danger.

In a statement, the agency added that licensed operators – previously known as POGOs but now referred to as IGLs (Internet Gaming Licensees) – provide important government funding with gross revenues of Php5 billion (US$85 million) generated in 2023.

“To us, the real threat are the alien hacking and scam syndicates who operate underground, and they are the ones that our law enforcement agencies are trying to locate and dismantle,” said PAGCOR Chairman and CEO, Alejandro H. Tengco. “And we are cooperating fully with the authorities in this regard.”

The PAGCOR chief also called on the public to report suspicious activities in their communities, explaining that such criminal syndicates are usually armed and dangerous.

“We should not blame and demonize our licensed gaming operators, because these are closely monitored by PAGCOR,” he said. “Our licensees pay taxes, and they help provide legitimate jobs and livelihood to a lot of people.”

According to Tengco, PAGCOR has begun imbedding monitoring teams in the physical venues of all licensed gaming operators, including land-based casinos, to ensure compliance with the terms of their licenses. Those found violating the provisions of their licenses are issued with fines and, in the most serious offenses, have their licenses revoked and bonds forfeited.

“We do not need to outlaw POGOs; what we need to do is intensify anti-crime operations against suspected alien hackers, against scammers and cyber-criminals who are usually hiding in highly secured buildings and compounds,” he said.

“These criminal syndicates are not engaged in offshore gaming at all, and even if they are, they are doing it illegally.

“So, they are the real threat, and we must go after them with everything that we have.”

PAGCOR’s stance comes after the Presidential Anti-Organized Crime Commission (PAOCC) revealed last week that around 100 former POGOs who have had their licensed cancelled are still operating, from a list of 402 cancelled licensees.

Among them is a company called Lucky South 99, whose application to operate as an IGL was denied in May. As reported by the Inquirer, Lucky South 99’s premises in Angeles City was raided by police on 4 June with 187 people arrested.

The premises was reported by the PAOCC to be “the biggest facility in Pampanga with a reported total number of 46 buildings including villas and other structures, as well as a golf course.”

RelatedPosts

PAGCOR: Integrated resorts a backbone of Philippines tourism

PAGCOR: Integrated resorts a backbone of Philippines tourism

Sun 26 Oct 2025 at 12:52
PAGCOR chair Tengco says transactions on licensed online gambling sites down 50% since ban on e-wallet links

Legal expert says no short-term pathway for prediction markets to become legal in the Philippines

Sun 26 Oct 2025 at 08:05
Manila’s New Coast Hotel launches junket operations, prepares for opening of revamped casino

Manila’s New Coast Hotel launches junket operations, prepares for opening of revamped casino

Fri 24 Oct 2025 at 05:07
PAGCOR chair Tengco says transactions on licensed online gambling sites down 50% since ban on e-wallet links

PAGCOR sees 49% drop in income since e-wallet restrictions imposed

Thu 23 Oct 2025 at 03:49
Load More
Tags: Alejandro TengcoInternet Gaming LicenseesPAGCORPhilippinesPOGO
Share6Share1
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Is PAGCOR addicted to online gambling?

Editorial – Is PAGCOR addicted to online gambling?

by Ben Blaschke
Tue 30 Sep 2025 at 19:13

It was with an undoubted sense of pride that Philippine gaming regulator PAGCOR announced in August that licensed electronic games...

Fighting back

Fighting back

by Ben Blaschke
Tue 30 Sep 2025 at 18:58

Asia’s foreigner-only casinos, specifically those located in South Korea and Vietnam, were born with a natural disadvantage – one that...

Promo costs: Market share or margin?

Promo costs: Market share or margin?

by David Bonnet
Tue 30 Sep 2025 at 18:11

Former Macau gaming executive David Bonnet takes a closer look at promo delivery across the Asian gaming industry and the...

IAG EXPO 2025: A show like no other

IAG EXPO 2025: A show like no other

by Ben Blaschke
Tue 30 Sep 2025 at 17:22

Inside Asian Gaming takes a look back at IAG EXPO, which continued the tradition of excellence established in recent years...

Evolution Asia
Dolby banner
Aristocrat banner
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
568Win

Related Posts

Emperor E says back to profit in FY24 on recovery of tourism and entertainment demand

SJM to shutter another Macau satellite casino, Grand Emperor, within this week

by Pierce Chan
Mon 27 Oct 2025 at 18:28

SJM Holdings said Monday it would shutter another of its satellite casinos, Casino Emperor Palace, ahead of schedule at 11:59pm this Thursday 30 October 2025. Moments after Galaxy Entertainment Group revealed it would shutter Waldo casino on Friday, SJM released...

Galaxy to close its only Macau satellite, Waldo Casino, this Friday

Galaxy to close its only Macau satellite, Waldo Casino, this Friday

by Pierce Chan
Mon 27 Oct 2025 at 18:13

GEG Entertainment Group (GEG) will close its only satellite casino, Waldo Casino, this Friday, the company has announced. Waldo, operated by GEG subsidiary Galaxy Casino Company Limited (GCSA), will cease operations at 11:59 pm on 31 October with the company...

OZ VIP: A new dawn

Star Entertainment Group chair Anne Ward outlines plan to retire once Bally’s equity position secured

by Ben Blaschke
Mon 27 Oct 2025 at 14:28

Star Entertainment Group chairman Anne Ward has revealed her intention to retire from the Board of Directors – but not before Bally’s Corp and Bruce Mathieson’s Investment Holdings complete their acquisition of a controlling stake in the company. Ward, who...

Enrique K Razon JR

Bloomberry reveals plans to spin-off and sell Korean casino Jeju Sun

by Ben Blaschke
Mon 27 Oct 2025 at 10:47

Solaire operator Bloomberry Resorts Corporation has revealed plans to spin-off and sell its Korean casino, Jeju Sun, to a local firm. The company revealed via a filing that its indirect South Korean subsidiary Golden & Luxury Co., Ltd – which...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English