The PCSO has discovered that it is losing a third of its revenue to illegal operations.
Philippines.- The Philippine Charity Sweepstakes Office (PCSO) has once again reassured its position to crackdown on illegal gambling after it found out that approximately a third of its revenue in small-town lottery operations is being lost to illegal operations.
The PCSO earns approximately US$21 million every month from those operations, but the number would be 30 percent higher if it wasn’t for illegal operations that prevent the office from raking in the numbers it’s supposed to, local media reported. Whilst the small-town lottery was launched 12 years ago, it has recently expanded to 75 operators in the whole country.
Last month, it was reported that the PCSO urged the police to increase measures to eradicate illegal gambling because there is still high levels of activity of gambling lords in the Philippines. Alexander Balutan, general manager of the PCSO, said that the efforts of the government to battle and defeat illegal gambling would end up in nothing if the Philippine National Police (PNP) doesn’t face the problems before it’s too late.
PCSO has recently expanded Small Town Lottery (STL) operations in order to help the battle against illegal numbers game, but ultimately illegal gambling operators used legitimate PCSO games to cover the illicit activities.