PAGCOR's Stance on Offshore Online Casino Operators

Sunday, 21 July 2024, 11:27
PAGCOR, the Philippine Online Casino Regulator, has publicly stated that it perceives no significant threat from offshore online gambling operators, commonly known as POGOs. This position comes amidst ongoing discussions regarding regulatory measures and the evolving landscape of the online casino industry. PAGCOR’s stance emphasizes its commitment to managing local operators while recognizing the role of offshore entities in the broader market. Moving forward, the interaction between local regulations and offshore operations will continue to be a point of interest in the online gambling sector.
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PAGCOR's Stance on Offshore Online Casino Operators

PAGCOR on Offshore Operators

The Philippine Online Casino Regulator (PAGCOR) has reviewed and confirmed its position on offshore operators, specifically POGOs. The regulator states that it sees no immediate threat posed by these online gambling operations.

Implications for Local Regulations

PAGCOR’s statements indicate a level of confidence in its regulatory framework, suggesting that local online casino operators can coexist alongside offshore players without adverse effects.

Conclusion

As the landscape of the online gambling sector evolves, PAGCOR’s approach will be vital in shaping future regulations and ensuring the integrity of local markets.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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