{"id":777021598,"date":"2024-12-18T09:26:10","date_gmt":"2024-12-18T12:26:10","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777021598"},"modified":"2026-04-22T03:09:30","modified_gmt":"2026-04-22T06:09:30","slug":"philippines-government-fast-tracks-acquisition-of-seized-illegal-offshore-gaming-operator-assets","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/philippines-government-fast-tracks-acquisition-of-seized-illegal-offshore-gaming-operator-assets","title":{"rendered":"Philippines government fast-tracks acquisition of seized offshore gaming assets"},"content":{"rendered":"\n<p>Executive secretary Lucas Bersamin\u00a0said the government is &#8220;doing everything to hasten the process&#8221;.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.- Executive secretary<strong> Lucas Bersamin<\/strong> has reported that Philippine government is taking measures to fast-track the process of seizing properties and assets connected to illegal offshore gaming operators. At an event at Malaca\u00f1an Palace in Manila, Bersamin said that although there are laws for the forfeiture of properties, process is &#8220;very slow.&#8221;<\/p>\n\n\n\n<p>A bill would enable the government to seize all assets associated with illegal offshore gaming, including properties, equipment and any income generated. Bersamin said properties seized through this process would be used for legitimate purposes or disposed of in accordance with government regulations.<\/p>\n\n\n\n<p>&#8220;We are already doing everything to hasten the process, except that we have to give due process to whoever appears to be the holder of those assets,&#8221; he said, adding that now &#8220;those buildings will become assets of the government, so the government will dispose of them as its judgment will guide.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Philippines confirms closure of largest offshore gaming operator hub<\/h2>\n\n\n\n<p>Authorities have confirmed that what\u2019s been described as the biggest offshore gaming operator compound in the Philippines is no longer operational. Operations ceased on November 30 and the site has now been inspected.<\/p>\n\n\n\n<p>The Department of the Interior and Local Government (DILG) secretary&nbsp;Jonvic Remulla, along with presidential Anti-Organized Crime Commission (PAOCC) executive director under secretary Gilbert Cruz, Philippine Amusement and Gaming Corp. (PAGCOR) chairman and CEO Alejandro Tengco and Philippine National Police (PNP) chief Gen. Rommel Francisco Marbil visited the site today (December 17) to check that it had been vacated.<\/p>\n\n\n\n<p>The compound has 57 buildings, including dormitories, caf\u00e9s, grocery stores, clinics, restaurants, spas and beauty salons. Some 30,000 people had been employed at the site, around half of them Filipinos.<\/p>\n\n\n\n<p><strong>See also: <\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/alejandro-tengco-only-17-offshore-gaming-operators-remain-in-the-philippines\" rel=\"noreferrer noopener\">Alejandro Tengco: only 17 offshore gaming operators remain in the Philippines<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Executive secretary Lucas Bersamin\u00a0said the government is &#8220;doing everything to hasten the process&#8221;.<\/p>\n","protected":false},"author":176,"featured_media":8212,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Philippine government is expediting the legal process for seizing assets from illegal offshore gaming operators, including properties and income, to be repurposed or disposed of. This initiative follows the confirmed closure of the largest offshore gaming operator hub in the Philippines, which employed approximately 30,000 individuals. This action underscores the government's commitment to regulatory enforcement and market integrity within the iGaming sector.","focusai_entities":"Lucas Bersamin, Philippine government, Malaca\u00f1an Palace, Department of the Interior and Local Government (DILG), Jonvic Remulla, Presidential Anti-Organized Crime Commission (PAOCC), Gilbert Cruz, Philippine Amusement and Gaming Corp. (PAGCOR), Alejandro Tengco, Philippine National Police (PNP), Rommel Francisco Marbil","focusai_location":"Philippines, Manila","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.8), investor_analyst (0.9), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Asset Forfeiture Efficacy?","query":"How will the proposed legislative amendments enhance the efficiency and legal robustness of asset forfeiture proceedings against illegal offshore gaming operators, particularly concerning due process adherence?"},{"label":"Market Impact Assessment?","query":"What are the projected economic and employment ramifications of this intensified crackdown on illegal iGaming operations for the legitimate B2B\/B2C sector and the broader Philippine economy?"}],"footnotes":""},"categories":[16338,439,158],"tags":[20326],"class_list":["post-777021598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-legal-news","category-slider-home","tag-illegal-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021598","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=777021598"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021598\/revisions"}],"predecessor-version":[{"id":777021624,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021598\/revisions\/777021624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/8212"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777021598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777021598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777021598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}