Wag lahatin! Al Tengco says POGOs shouldn’t be lumped with 175 illegal online gaming shuttered by DOJ

Philippine Amusement and Gaming Corp. (Pagcor) Chairman and CEO Alejandro Tengco said legitimate Philippine Offshore Gaming Operations (POGO) have nothing to do with the 175 illegal online gaming firms shuttered and 40,000 Chinese workers deported by the Department of Justice.

Tengco made the clarification after some media reports labeled the erring offshore gaming firms as POGO players.

“The agency emphasizes that any individual, group or entity which conducts online gambling without approval to operate from PAGCOR should not be categorized as POGO,” said Tengco in a statement.

“POGO operations are strictly being monitored by the agency, and any gaming entity that fails to pass the application process for an offshore gaming license and to fulfill the documentary and financial requirements, among others, cannot be labeled as legal offshore gaming operators or POGO,” he added.

Pagcor is currently cleaning up the ranks of its POGO licenses amid calls to ban the multi-billion dollar industry in the Philippines.

Property consultant David Leechiu warned that kicking out the remaining 34 POGO players (including 127 accredited service providers and 5 special class of BPOs) could trigger a property crisis with P200 billion a year in rentals, tax collections, and consumer spending among POGO workers wiped out.

“This is not the time to create a real estate crisis, on top of the other crises that we’re already facing,” he said in a press briefing last week.

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