• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Monday 19 May 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 issues public warning on reports licensed E-Games operator is offering fake POGO license

Newsdesk by Newsdesk
Mon 19 May 2025 at 14:24
Editorial – Land of sunshine

Makati, Philippines

1
SHARES
33
VIEWS
Print Friendly, PDF & Email

Philippine gaming regulator PAGCOR has issued a warning against fake offshore gaming licenses being offered by an existing licensed E-Games venue license.

According to a memo sent out Monday, Lucky 7 Bingo Corporation – which currently operates a legitimate E-Games venue license – has been engaging in contract agreements with individuals under the guise of offering “guidance and support to potentially earn Php50,000 through the Lucky 7 Bet Lottery Platform.”

As part of the bogus agreement, bettors are required to make an upfront initial cash deposit of Php3,000, PAGCOR said.

The regulator clarified that the license referenced in the agreements is a fake offshore gaming license since all offshore gaming operations, or POGOs, have been officially banned in the Philippines since 31 December 2024.

“While Lucky 7 Bingo Corporation is a legitimate licensee for E-Games venue operations as of 30 April 2025, it does not hold any valid offshore gaming license,” said Atty. Jessa Fernandez, head of PAGCOR’s Offshore Gaming and Licensing Department.

“The license presented in said agreements is fake, and any engagement based on it is fraudulent. We strongly advise the public to exercise due diligence when engaging with entities claiming to be PAGCOR-accredited.”

The warning comes after PAGCOR earlier this year issued advisories regarding the proliferation of fake websites and fraudulent Viber messages impersonating top PAGCOR officials.

RelatedPosts

Udenna subsidiary given US$42.5 million cash advance to complete first Philippines IR outside Manila

PH Resorts Group still holding onto Cebu provisional license

Mon 19 May 2025 at 05:59
Southern Son

Newport World Resorts bucks Manila gaming trend as revenue, profit up sharply in 1Q25

Fri 16 May 2025 at 16:00
Evolution targets Philippines market with release of Super Color Game

Evolution targets Philippines market with release of Super Color Game

Thu 15 May 2025 at 12:46
Resorts World Manila changes name to Newport World Resorts

IAG announces categories for 2025 IAG Academy Awards at Manila’s Newport World Resorts on 9 September

Thu 15 May 2025 at 09:17
Load More
Tags: E-GamesLicenseLucky 7 Bingo CorporationPAGCORPhilippinesPOGOWarning
ShareShare
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 – Knife’s edge

Editorial – Knife’s edge

by Andrew W Scott and Ben Blaschke
Tue 29 Apr 2025 at 15:14

Thailand’s Entertainment Complex journey is at a critical point, with the success or failure of the initiative to be determined...

The changing face of Macau

The changing face of Macau

by Ben Blaschke
Tue 29 Apr 2025 at 15:09

Inside Asian Gaming takes a deep dive into the new, post-COVID Macau where a revenue environment that seems to be...

Born again

Born again

by Pierce Chan
Tue 29 Apr 2025 at 14:47

Premiering in September 2010 at City of Dreams, The House of Dancing Water was a visionary creation by artistic maestro...

Richard Howarth – Testing the limits

Richard Howarth – Testing the limits

by Ben Blaschke
Tue 29 Apr 2025 at 13:17

Richard Howarth, Chief Business Officer APAC for global testing laboratory GLI, discusses his career journey and his passion for fast-paced...

Evolution Asia
Aristocrat
GLI
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

Macau’s mass GGR reached 70% of pre-COVID levels in March, aided by further China reopening: analysts

Macau GGR tracking well at US$1.6 billion through first 18 days of May

by Ben Blaschke
Mon 19 May 2025 at 18:08

Macau’s gross gaming revenue is estimated to have averaged MOP$593 million (US$73.6 million) per day for the seven days from 12 to 18 May, representing a 3% increase over the prior week period. According to a Monday note from Citigroup,...

Macau government says risk to financial institutions from potential satellite casino loan defaults “manageable”

Macau government says risk to financial institutions from potential satellite casino loan defaults “manageable”

by Pierce Chan
Mon 19 May 2025 at 13:18

The Monetary Authority of Macau (AMCM) has dismissed concerns around the potential impact of satellite casino foreclosures on Macau’s financial institutions, revealing that it regularly collects information on loans to “satellite casinos” and considers the risk to be manageable. The...

Sands Macao celebrates 21 years by gifting boxed lunches to Macau taxi drivers

Sands Macao celebrates 21 years by gifting boxed lunches to Macau taxi drivers

by Newsdesk
Mon 19 May 2025 at 06:18

Sands Macao celebrated its 21st anniversary on Sunday by continuing the tradition of providing complimentary boxed lunches to Macau taxi drivers dropping guests off at the property. Danny Tang, Vice President and General Manager of Sands Macao, was joined by...

The Industry Party 2025: Official Highlights Video

The Industry Party 2025: Official Highlights Video

by Newsdesk
Mon 19 May 2025 at 06:05

The Industry Party was held on the evening of Thursday 8 May 2025 at Vista at MGM Cotai in Macau. Held while key industry figures were in town for G2E Asia, the hugely popular event saw around 400 people enjoy...



IAG

© 2005-2024
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

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English