PAGCOR’s chairman and CEO said licensed offshore gaming operators will all have wound down by year-end.<\/p>\n\n\n\n\n\n\n\n
The Philippines.- Alejandro H. Tengco, chairman and CEO of the Philippine Amusement and Gaming Corp (PAGCOR) has said that licensed offshore gaming operators are winding down ahead of a ban that will come into force at the end of the year. He said only 17 remain active, 16 of which have regular licences from PAGCOR. <\/p>\n\n\n\n
The licensees still active are 12 Stars International Gaming Solutions, BestCommerce, Cronyx, Dynamic Studio Technology, Dynamic System International Limited, Frontier Point Management Solutions, Gamma Interactive, Intelligent Optical Solution, KNW Technology, Mpotech Digital System, Neo, New Oriental Club88, Phoenixfield, Sohu Expert Int’l Management Solutions, Victory 88 Group, and Wanfang Technology Management. Meanwhile, Gao Shou Technology Management has a provincial licence. <\/p>\n\n\n\n
Tengco confirmed that from January 1 2025, all will be considered illegal and without a licence to operate. “You can expect that there will be no more licensed POGOs operating by the end of this year,” he told the Manila Times.<\/p>\n\n\n\n
The Bureau of Immigation (BI)\u00a0has reported that approximately\u00a020,000 foreign offshore gaming workers are expected to leave the country by December 31. As of November 7, 21,757 foreign nationals linked to offshore gaming operators had voluntarily changed their work visas to temporary visitor visas and 10,821 had already left the country.<\/p>\n","protected":false},"excerpt":{"rendered":"
PAGCOR’s chairman and CEO said licensed offshore gaming operators will all have wound down by year-end.<\/p>\n","protected":false},"author":176,"featured_media":777003434,"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 has confirmed the complete cessation of all licensed offshore gaming operators (POGOs) in the Philippines by year-end, with only 17 remaining active before the January 1, 2025, ban. This definitive regulatory shift will render all POGOs illegal post-2024, prompting the departure of approximately 20,000 foreign offshore gaming workers. The move underscores a significant contraction in the jurisdiction's iGaming sector.","focusai_entities":"Alejandro H. Tengco, Philippine Amusement and Gaming Corp (PAGCOR), Bureau of Immigation (BI), 12 Stars International Gaming Solutions, BestCommerce, Cronyx, Dynamic Studio Technology, Dynamic System International Limited, Frontier Point Management Solutions, Gamma Interactive, Intelligent Optical Solution, KNW Technology, Mpotech Digital System, Neo, New Oriental Club88, Phoenixfield, Sohu Expert Int\u2019l Management Solutions, Victory 88 Group, Wanfang Technology Management, Gao Shou Technology Management","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.8), affiliate_publisher (0.7), payments_fraud_aml (0.7), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"POGO Ban Economic Impact","query":"What are the projected economic ramifications for the Philippines, including real estate and employment, following the complete cessation of POGO operations?"},{"label":"Regional Regulatory Precedent","query":"How might PAGCOR's definitive POGO ban influence regulatory frameworks or enforcement actions in other Southeast Asian iGaming jurisdictions?"}],"footnotes":""},"categories":[156,16333],"tags":[4138],"class_list":["post-777021425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation-news","category-south-east-asia-news","tag-online-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021425","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=777021425"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021425\/revisions"}],"predecessor-version":[{"id":777021441,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021425\/revisions\/777021441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777003434"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777021425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777021425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777021425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}