THE Philippine Amusement and Gaming Corp. (Pagcor) has canceled the accreditation of offshore gaming customer relations service provider CGC Technologies Inc.
Investigations confirm that CGC, an accredited service provider operating under offshore gaming licensee Oriental Game Ltd., was involved in criminal activities, thus warranting the cancellation of its accreditation. Alongside the cancellation order is the "forfeiture of CGC's Performance Bond effective immediately." Likewise, Pagcor imposed a fine of $350,000 to its offshore gaming licensee Oriental Game Limited "for its failure to ensure the legitimate conduct of CGC's business." Pagcor Chairman and CEO Alejandro Tengco again reminded all offshore gaming licensees and service providers to abide by the Philippine laws to avoid severe consequences.
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