PAGCOR issues fraudulent licence warning

by iGamingExpert
2 minutes read
PAGCOR has issued a bleak warning to the public against offers being made by operators with fake offshore gaming licences.

The Philippines’ regulatory body claims that the Lucky 7 Bingo Corporation, which holds a legitimate E-Games venue licence, has been engaging in contact agreements with individuals under the guise of offering “guidance and support to potentially earn Php50,000 (£670.50) through the Lucky 7 Bet Lottery Platform”.

As part of the bogus agreement, bettors are reportedly required to make an upfront initial cash deposit of Php3,000 (£40).

PAGCOR confirmed that the licence referenced in these agreements is a fake offshore gaming licence, given that all offshore gaming operations, known as POGOs, have been banned in the Philippines since the end of 2024.

Atty Jessa Fernandez, Head of PAGCOR’s Offshore Gaming and Licensing Department, warned: “We urge the public to remain vigilant and always verify the legitimacy of a PAGCOR-licensed gaming entity before entering into a..

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