Search Results for: casino fund
PAGCOR Under Scrutiny for Granting Gaming License to Blacklisted Alice Guo-linked POGO
September 4, 2024
PAGCOR is being criticized for allowing an offshore gaming hub linked to Alice Guo to operate despite being blacklisted by the gov...
Alice Guo, 35 Others Face 87 Counts of Money Laundering in P7 Billion Scheme
September 2, 2024
Alice Guo and 35 other individuals linked to illegal offshore gaming operations have been charged with 87 counts of money launderi...
Senator Bong Go Implicated in POGO Probe; POGO Money Used to Reward Anti-Drug Units
August 29, 2024
Police Col. Jovie Espenido revealed that funds from Philippine Offshore Gaming Operators (POGOs), Small-Town Lottery (STL) operato...
Philippine Sports Commission Could Receive up to P25 billion From PAGCOR, PCSO
August 29, 2024
The Supreme Court's landmark decision on the proper remittances of two government agencies to the Philippine Sports Commission (PS...
Total POGO Ban Expected to Reduce Money Laundering Acitivities in PH, Says AMLC
August 28, 2024
The Anti-Money Laundering Council (AMLC) predicts a decline in money laundering activities following President Ferdinand Marcos Jr...
Supreme Court Orders PAGCOR to Remit 30 Years’ Worth of Payments to Philippine Sports Commission
August 27, 2024
The Supreme Court mandates that PAGCOR must remit 5% of its gross annual income to the Philippine Sports Commission, starting from...
Senator Joel Villanueva Warns: “Social Costs of e-Sabong Worse Than POGO Operations”
August 19, 2024
Senator Joel Villanueva strongly cautioned against reviving online cockfighting, known as "e-sabong," to offset the revenue loss f...
Lawmakers Call For Ban on Gambling on U.S. elections
August 9, 2024
Five United States Senators and three House representatives are calling for a ban on betting markets tied to the upcoming 2024 pre...
Duterte’s executive order about POGOs scrutinized for “encroaching” on Congress
August 9, 2024
A recent House committee hearing has brought former President Rodrigo Duterte's Executive Order No. 13 under scrutiny, with claims...
Wynn Resorts Advances Wynn Al Marjan Island Financing, UAE Boost
August 7, 2024
Wynn Resorts Ltd. reports significant progress on debt financing for its Wynn Al Marjan Island project in Ras Al Khaimah, UAE. CEO...