PAGCOR\u2019s fight against illegal online gambling<\/strong> and its focus on maximising collections, resulting in presumptive or estimated billing for suspiciously undeclared sites.<\/p>\n\n\n\nAs for the uncollected PHP1.51bn, PAGCOR said this was due to the impact of the Covid-19 pandemic. In March 2020, POGOs were ordered to cease activities due to countermeasures. The regulator noted that \u201cmost POGOs were no longer able to reopen\u2026 which consequently resulted in the accrual of uncollected bills.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
PAGCOR chairman and CEO Andrea Domingo\u00a0takes stock of her six-year stint at the helm of the regulator and casino operator.<\/p>\n","protected":false},"author":176,"featured_media":25155,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"PAGCOR CEO Andrea Domingo's six-year tenure concludes with a reported PHP300bn in total revenue, contributing PHP234bn directly to the government and mandated beneficiaries. The regulator\/operator also posted a 35% year-on-year increase in Q1 gaming operations revenue to PHP11.29bn. Her departure is anticipated following the standard governance transition associated with a new Philippine presidential administration. The article further details PAGCOR's efforts in collecting PHP815.9m of PHP2.33bn in outstanding Philippine Offshore Gaming Operator (POGO) receivables, with PHP1.51bn attributed to pandemic-induced closures.","focusai_entities":"PAGCOR, Andrea Domingo, President Duterte, Ferdinand Marcos Jr, Sara Duterte, Philippine Bureau of Immigration, Philippine offshore gaming operators (POGOs)","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.95), regulator (1.0), compliance_legal (0.9), operator_casino (0.85), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.95)","focusai_suggestions":[{"label":"PAGCOR Leadership Transition","query":"What specific policy shifts or strategic priorities are anticipated for PAGCOR under the incoming leadership of Ferdinand Marcos Jr., particularly concerning its dual role as regulator and operator?"},{"label":"POGO Receivables Strategy","query":"Beyond the reported collections, what enhanced enforcement mechanisms or revised regulatory frameworks will PAGCOR implement to mitigate future uncollected receivables from POGOs and ensure full compliance?"}],"footnotes":""},"categories":[163,16333],"tags":[405],"class_list":["post-31286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=31286"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31286\/revisions"}],"predecessor-version":[{"id":31337,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31286\/revisions\/31337"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25155"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=31286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=31286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=31286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}