The Philippine Amusement and Gaming Corporation (PAGCOR) continues to ban offshore gaming clubs in order to establish safety and security in the country. After canceling the gaming license for CGC Technologies last week, PAGCOR decided to cancel the provisional accreditation of another offshore gaming hub, Sun Valley Clark in Clark Freeport.
Alejandro Tengco, the Chairman and CEO of Pagcor, commented on this, saying that Sun Valley isn’t a good candidate for issuing full accreditation in the Philippines. On top of that, its provisional accreditation will be canceled. Tengco said that the reason behind this decision is the company’s failure to keep up with the country’s laws and regulations related to offshore gaming.
An inter-agency search was conducted on May 4, followed by the rescue operation. This search was closely related to the recent events in CGC since the company was present in six buildings inside the hub, and PAGCOR approved only two of them.
Sun Valley was suspected of various criminal activities, such as scams related to cryptocurrency investments, illegal detention, and activities connected to human trafficking.
As PAGCOR states, the hub is the place where various offshore gaming operators and service providers are stated and includes services such as operations, logistics, administration, and support. Among other things, the hub houses office and residential spaces, as well as various food options, supermarkets and grocery stores, health, wellness, and recreational facilities, and many more various amenities.
PAGCOR is concerned:
Tengco is concerned about other offshore companies with business in the Philippines. He warned them not to get involved in any kind of criminal activity if they wanted to keep their licenses. He said: “This serves as a warning to all our offshore gaming licensees and accredited service providers that PAGCOR is serious in its mission to uphold responsible and regulated gaming in the country. While we see the potential of offshore gaming in terms of our revenue-generation efforts, we do not condone their involvement in any criminal activity that violates the rights – not only of Filipinos but of other nationalities as well.”
One more of Tengco’s concerns is the ordinary people who accept jobs in various offshore companies in the country. He wants foreigners to be more careful when picking a job so the risk of human trafficking is minimized.
He added: “PAGCOR would like to remind foreign nationals who are being offered attractive employment opportunities in the Philippines to check the credibility of the companies that they are applying to. By going the extra mile, they can protect themselves from possible scams and human trafficking activities.”
PAGCOR will keep fighting against crime in the Philippines, along with the Office of the President, National Bureau of Investigation, Department of Justice, Bureau of Immigration, Department of the Interior and Local Government, Philippine National Police, and other institutions, hoping that the Philippines will become a safe and secure country for all the residents, workers, and tourists.
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