Connect with us

Asia

Pagcor has announced the cancellation of the accreditation of a POGO service provider

Published

on

PAGCOR

The Philippine Amusement and Gaming Corporation (Pagcor), the state gaming corporation and regulator, has made an announcement regarding the cancellation of the accreditation of CGC Technologies, a customer relations provider for a Philippine offshore gaming operation (POGO).

After conducting an investigation, Pagcor confirmed that CGC Technologies was involved in illegal activities, leading to the revocation of their authorization.

This cancellation follows Pagcor’s recent warning to offshore licensees and accredited service providers involved in criminal activities.

On May 4, Pagcor issued a suspension order to CGC Technologies and conducted a search of their premises, uncovering allegations of credit card fraud, serious illegal detention, and human trafficking.

Advertisement

The investigation also revealed that CGC Technologies operated six buildings, exceeding the two accredited by Pagcor.

As a result, Pagcor imposed a $350,000 fine on the operator that had utilized CGC Technologies’ services, Oriental Game Limited, for failing to ensure the legitimate conduct of CGC’s business.

Pagcor Chairman and CEO, Alejandro Tengco, emphasized the importance of abiding by Philippine laws and warned that continued operations after the cancellation of accreditation or licenses would be deemed illegal, with immediate action taken against violators.

Tengco reaffirmed Pagcor’s commitment to responsible gaming and cooperation with other government agencies to ensure that regulated gaming revenues contribute to worthy causes, particularly nation-building.

Advertisement

Jerome, a valuable addition to the Gamingo.News team, brings with him extensive journalistic experience in the iGaming sector. His interest in the industry was sparked during his college years when he participated in local poker tournaments, eventually leading to his exposure to the burgeoning world of online poker and casino rooms. Jerome now utilizes his accumulated knowledge to fuel his passion for journalism, providing the team with the latest online scoops.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Gamingo.News stands as a premier digital destination dedicated to delivering top-tier news and insights in the gaming and gambling industry. This specialized media outlet garners the attention of over 120,000 readers each month, providing them with engaging content, current news, and in-depth analyses.
The platform offers extensive coverage of various facets of the gaming world, including both online and brick-and-mortar gaming, wagering, esports, updates on regulations and compliance, as well as technological innovations. Regular content includes daily news stories, press releases, unique interviews, and comprehensive reports on events.
Moreover, Gamingo.News organizes webinars pertinent to the industry and offers detailed reports, establishing itself as a comprehensive information source for those interested in learning about gaming market operators, suppliers, regulators, and professional services. The portal's main objective is to keep its large audience informed about the latest news, trends, and developments in the gaming and gambling sectors. It focuses particularly on the European igaming market but also covers significant global news, proving to be an invaluable tool for gaming professionals, operators, and enthusiasts.

For inquiries, reach out at: sales@gamingo.news

For editorial or PR submissions, contact: media@gamingo.news

Copyright © 2024 Gamingo.News.