Philippine Amusement and Gaming Corp (PAGCOR) on Friday assured lawmakers that there are no Chinese firms operating in Philippine Offshore Gaming Operations.
Victor Padilla, senior manager of PAGCOR’s policy and offshore licensing division, was replying to a question asking how PAGCOR ensured that Chinese POGOs were following Philippines laws and paying proper taxes.
“These are not Chinese corporations. These are offshore companies with local companies in the Philippines,” he explained.
When asked about whether POGO firms targeted citizens from mainland China, Padilla said that POGOs did not necessarily cater to the Chinese market alone.
“We are sure that a lot of players are Chinese because we all know that there are a lot of Chinese people all over the world and their culture is they like gambling,” Padilla said.
“But it does not automatically mean that they are all from China. Players are mostly Chinese, but we are not sure if in fact they are all from China,” he added.
Last week, Pagcor suspended the issuance of new POGO licenses amid concerns that Chinese workers in POGOs did not have valid work permits.
There are 60 licensed POGO operators currently.
Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.
ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264