Pagcor Warns Against POGO Reopening Scams

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Pagcor Warns Against POGO Reopening Scams
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The Philippine Amusement and Gaming Corp. (Pagcor) has issued a warning against fraudulent letters and text messages claiming that Philippine offshore gaming operations (POGO) will reopen. Pagcor Chairman and CEO Alejandro Tengco stated that POGOs remain banned and there are no plans to reinstate them. Scammers are soliciting potential investors for up to P50 million for supposed POGO licenses, exploiting the hope for their return.

THE Philippine Amusement and Gaming Corp. warned the public against letters and text messages being circulated by unscrupulous parties saying that Philippine offshore gaming operations would reopen.'It has come to our attention that some people are enticing potential investors into paying huge amounts for supposed limited slots of POGO licenses and saying POGO s will be supposedly operating directly under Pagcor ,' according to Pagcor Chairman and CEO Alejandro Tengco.

'POGOs remain banned, and there are no plans to bring them back, now or in the foreseeable future.''Should you get any text message or letter informing you that you can avail of a POGO slot, please report them immediately to Pagcor or to the police and other law enforcement agencies because these are scammers who need to be stopped,' he said.

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