According to the regulator, one of the primary areas of concern is that illegal gambling operations and websites continue to be promoted via social media platforms such as Facebook.

As such, Pagcor has called on Facebook and other social media platforms to work with the regulator and other authorities in the Philippines to tackle fraudulent activities.

The Philippine Amusement and Gaming Corporation (Pagcor) has issued a warnings to citizens about the dangers of illegal gambling, after receiving reports about illegal online bingo games being organised in the country. The regulator warned that these games, which were being promoted through Facebook, were exploiting uncertainty caused by the. Free Online Bingo Slot Machines of safe and fast banking options that will let you get your money into and cashout of the sites smoothly and securely, straight from your web browser.-Validity. Check the bonus offered not just for the money but also its validity; there is no point using a bonus that has actually expired.

PAGCOR to stop granting licenses to e-Bingo, e-Games. Casino regulator Philippine Amusement and Gaming Corporation (PAGCOR) will temporarily stop issuing licenses for e-Games and e-Bingo stations, following pronouncements of President Rodrigo Duterte that online gambling must be stopped during his term. 'Sa licensing, 'wag muna mag-process ng.

The plea comes as Pagcor also reiterated its warning for citizens in the country to avoid gambling with unlicensed operators, with reports of illegal operations continuing to rise.

Pagcor said the Philippine National Police Anti-Cybercrime Group (PNP-ACG) had succeeded in shutting down one illegal online bingo operation, but also said that a number of illegal gambling operations are currently under surveillance.

To support its ongoing fight against illegal operators, Pagcor said it will request the assistance of both the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, and the country’s Anti-Money Laundering Council (AMLC).

Working with these organisations, Pagcor will investigate the banks, remittance services and payment solutions it said are being used to fund illegal operations.

“While illegal gambling per se is not among the predicate crimes of money laundering, frauds and swindling are,” Pagcor said. “These are based on the act of taking bets from the public by falsely representing that they have a legitimate business, when in fact, they have no such authority.”

Pagcor Online Bingo Games

Last month, Pagcor reported heavy losses for the first half of 2020, primarily due to the Covid-19 pandemic pushing back the reopening of integrated resorts in the capital Manila.

Total income from gaming operations for the six months to 30 June amounted to PHP18.44bn (£297.5m/€325.8m/$380.4m), down 49.6%, from PHP36.6bn in H1 of 2019.

The Philippine Amusement and Gaming Corporation (PAGCOR) on Friday reiterated its warning to the public not to engage in any unauthorized gambling activities offered by unscrupulous individuals and groups.

In a statement, PAGCOR said its public warning was made after the Philippine National Police Anti-Cybercrime Group (PNP-ACG) conducted a successful operation against an illegal online bingo operator recently.

Last week, the PNP-ACG nabbed a couple for conducting illegal bingo operations on Facebook. https://www.gmanetwork.com/news/news/metro/756332/couple-in-qc-nabbed-for-holding-illegal-online-bingo/story/

The gaming regulator said the arrested operator was just one of several illegal gambling operations that were under surveillance and case monitoring.

Since the COVID-19 pandemic started early this year, PAGCOR said it has received an increase in reports on illegal online gambling being promoted through social media platforms like Facebook.

To further strengthen the fight against unauthorized gambling activities, the state run-gaming regulator said it will ask for the assistance of the Bangko Sentral ng Pilipinas (BSP) and the Anti-Money Laundering Council (AMLC) to conduct investigation on banks, remittance services, and payment solutions used fund conduits for these illegal operations.

“While illegal gambling per se is not among the predicate crimes of Money Laundering, frauds and swindling are,” the PAGCOR said.

“These are based on the act of taking bets from the public by falsely representing that they have a legitimate business, when in fact, they have no such authority,” it added.

The gaming regulator likewise called on Facebook to cooperate with the PAGCOR and Philippine authorities to curtail fraudulent activities, which are promoted through their platform. —Ted Cordero/KBK, GMA News

Pagcor Online Games

This article PAGCOR reiterates warning vs. illegal gambling activities was originally published in GMA News Online.