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PAGCOR STRENGTHENS REGULATIONS VS. ILLEGAL OFFSHORE GAMING ACTIVITIES

NewsPAGCOR STRENGTHENS REGULATIONS VS. ILLEGAL OFFSHORE GAMING ACTIVITIES

 

As a part of the inter-company attempt to scale back all unlawful offshore gaming sports inside the Clark Freeport Zone in Pampanga, the Philippine Amusement and Gaming Corporation (PAGCOR) joined the newly created Clark Security Advisory Council.

During the clicking convention for the launching of the brand new Council on June 9, 2023,  PAGCOR Assistant Vice President for Offshore Gaming Licensing Atty. Jessa Fernandez  introduced that that it’s going to impose stricter sanctions to all erring certified offshore gaming operators and accepted carrier companies.

As a part of those sanctions, Atty. Fernandez noted that individuals who may be discovered permitting different entities to apply the licenses or accreditation given to them, may be subjected to a hefty penalty consisting of the cancellation in their licenses or accreditation.

Meanwhile, Clark Development Corporation (CDC) President and Chief Executive Officer Agnes Devanadera said that the CDC Board accepted the advice of the CDC control to halt processing of recent hire or sub-hire packages with the aid of using offshore gaming operators.

“The CDC will not manner or approve the operation of any incoming distant places gaming, even supposing they have already got license from PAGCOR,” she said.

At present, PAGCOR has 4 closing accepted carrier companies and one certified offshore gaming operator within the Clark Freeport Zone.

Prior to the release of the advent of the Clark Security Council, PAGCOR has cancelled the provisional accreditation of Sun Valley Clark as an offshore gaming hub inside the Clark Freeport Zone for its failure to make sure a lawful and orderly behavior of offshore gaming with the aid of using its occupants in its registered sites.

PAGCOR likewise cancelled the accreditation of CGC Technologies, an offshore gaming carrier company primarily based totally in Pampanga after the enterprise changed into embroiled in diverse allegations consisting of credit score card fraud, critical unlawful detention, and human trafficking sports.

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