Tuesday, May 28, 2024 - Login

8,000 employee POGO firm back in business

Recently shuttered POGO operator Great Empire Gaming and Amusement Corp (GEGAC) is back in business after pledging to settle its P1.3 billion tax arrears to the government, local media reports. 

The 8,000 employee-strong company, said to be the second-largest operating in the country was ordered to close in late September for failing to pay the correct taxes.

The Bureau of Internal Revenue (BIR) lead an inter-agency raid on Great Empire Gaming and Amusement Corporation and closed it down for its failure to register for Value Added Tax.

However, according to media reports, the POGO operator was allowed to reopen just days after its closure, after paying an initial P250 million of its tax liability. 

The company has also been ordered to update withholding tax payments and register its (over 8,000) employees.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

Contact us

PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief