THE Philippine Amusement and Gaming Corp. (Pagcor) is withdrawing its order for Leisure & Resorts World Corp. (LRWC) and all its subsidiaries to cease their operations due to earlier non-compliance with distance restriction guidelines.
LRWC said it received notices from Pagcor via email on Monday withdrawing its previous order to revoke the licenses of the company and its subsidiaries.
“The (Pagcor) approval was based on the recommendation…to honor the licenses of operators whose gaming sites are located inside malls, arcades and hotels, and consider them exempted from distance requirements,” LRWC said in a disclosure to the Philippine Stock Exchange (PSE).
Earlier in the month, Pagcor had ordered LRWC and its subsidiaries AB Leisure Exponent Inc. (ABLE) and Total Gamezone Xtreme Inc. (TGX) “to immediately cease the operations” of all their outlets of electronic games and bingos “due to non-compliance with the distance restriction guidelines under Section 2 of Regulation 3 of the Gaming Site Regulatory Manual (GSRM) for Electronic Games version 2.0.”
TGX was ordered to cease operations of the 17 electronic games sites, while ABLE was ordered to cease operations of its 36 electronic bingo game sites.
Under the GSRM, electronic gaming sites should have a distance of “not less than 200 meters” away from schools registered with the Department of Education (DepEd) and the Commission on Higher Education (CHED), as well as places of worship. Electronic gaming sites may be located within malls, commercial buildings and hotels and resorts.
At present, LRWC said 20 out of the 36 eBingo sites of ABLE have already resumed their operations by virtue of the Pagcor approval.
The company noted that Pagcor allowed the resumption of LRWC’s eBingo operations until the respective expiration of the licenses of the sites which are mostly located within malls, arcades and hotels.
LRWC said Pagcor is also “in the process of studying whether they will permanently maintain the exemption of malls, arcades and hotels from the distance requirements.”
According to the PSE website, LRWC said ABLE and its other subsidiaries are operating 123 eBingo parlors nationwide.