|
Philippine Offshore Gaming Operator
Philippine Offshore Gaming Operators (POGOs) is the official designation for firms operating in the Philippines which offer online gambling services to markets outside the Philippines. Background Philippine Offshore Gaming Operators or POGOs are online gambling firms that operate in the Philippines but cater to customers outside the country. To operate legally they must be licensed by the Philippine Amusement and Gaming Corporation (PAGCOR). They are obliged to restrict any individual in the Philippines regardless of citizenship, Filipino citizens regardless of location, and potential patrons in countries and territories where offshore gambling is illegal from availing their services; failure to do so risks license revocation. PAGCOR started the processing of license applications for POGOs in 2016 after it decided not to renew the license of local online gambling firm PhilWeb in an effort to boost its revenue. There are three license categories. Category 1 involves services that h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Amusement And Gaming Corporation
Philippine Amusement and Gaming Corporation (PAGCOR, ) is a government-owned and controlled corporation established through the ''Presidential Decree 1869''. PAGCOR is the Philippines' largest contributor of revenue to the government after the Bureau of Internal Revenue and the Bureau of Customs. PAGCOR is under the Office of the President of the Philippines. History The Corporation was created during the Martial Law years by virtue of a Presidential Decree (PD1067-A) issued by then President Ferdinand E. Marcos in response to calls for the Philippine Government to put a stop to the growing proliferation of illegal casino operations in various parts of the country then. After its establishment, PAGCOR entered into a contract with Philippine Casino Operators Corporation (PCOC) for the operation of the floating casino in the Manila Bay in 1977. However, after the floating casino was gutted by fire in 1979, PAGCOR shifted its focus to land-based casinos and entered into another ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PhilWeb
The PhilWeb Corporation is a Philippine internet company involved in the gambling industry. It has operated the e-Games casino outlets. PhilWeb was founded by Roberto Ongpin Roberto Velayo Ongpin (January 6, 1937 – February 4, 2023) was a Filipino businessman who served as the Minister of Commerce and Industry (initially as Minister of Industry) during the Marcos administration. His younger brother Jaime serve ... and incorporated on August 20, 1969, as South Seas Oil and Mineral Exploration Co. Inc. It was initially involved in mining and resource exploration. The name of the company changed to South Seas Natural Resources through an authorization by stockholders on March 29, 1984, a move approved by the Security Exchange Commission. South Seas Natural Resources' name was changed to PhilWeb.Com, Inc. on January 18, 2000, becoming an internet company. On the same date the mining claims and assets of the company was transferred to its subsidiary, All-Acacia Resources, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Process Outsourcing
Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and assets from one firm to another. The term ''outsourcing'', which came from the phrase ''outside resourcing'', originated no later than 1981. The concept, which '' The Economist'' says has "made its presence felt since the time of the Second World War", often involves the contracting of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support. The practice of handing over control of public services to private enterprises ( privatization), even if conducted on a limited, short-term basis, may also be described as outsourcing. Outsourcing includes both foreign and domestic contracting, and sometimes includes off ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Economic Zone Authority
Philippine Economic Zone Authority (PEZA) is a government agency in the Philippines attached to the Department of Trade and Industry created to help promote investments in the export-oriented manufacturing industry into the country by assisting investors in registering and facilitating their business operations and providing tax incentives. PEZA also assists investors who locate in service facilities inside selected areas in the country (areas are called PEZA Special Economic Zones) which are usually business process outsourcing and knowledge process outsourcing firms. Other activities also eligible for PEZA registration and incentives include establishment and operation within special economic zones for tourism, medical tourism, logistics and warehousing services, economic zone development and operation and facilities providers. History and organization PEZA was enacted under Republic Act 7916 and was passed by the House of Representatives and the Senate and approved by former ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Gambling Workers In The Philippines
The employment of Chinese citizens in Philippine firms engaging in offshore gambling known as Philippine Offshore Gaming Operators (POGOs) has been a subject of national interest in the Philippines. Background An influx of mainland Chinese started during the administration of Philippine President Rodrigo Duterte, who pursued cordial ties with China. Under his tenure, the responsibility of giving license to offshore gambling firms was given to the Philippine Amusement and Gaming Corporation in 2016. This also coincided with the Chinese government ban of all electronic casinos operating in mainland China. Many POGOs employ Chinese nationals since they speak the same language to the Chinese customers they cater to. PAGCOR has stated that there are no Chinese-owned POGOs, and all POGO foreign licensees have Filipino partner firms. While there is no official figure for the number of Chinese gambling workers in the Philippines, it is estimated that around 100,000 to 150,000 Chines ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gambling In The Philippines
Gambling has been present in the Philippines since at least the sixteenth century. Various legal and illegal forms of gambling are found almost all over the archipelago. The government manages gambling through the Philippine Amusement and Gaming Corporation (PAGCOR) a state-owned enterprise which both operates a number of individual casinos and in turn acts as a regulator to privately owned casino operators. Since 2016 PAGCOR has also granted operating licenses and overseen the regulation of growing online gambling sector serving offshore markets. Casino gambling and integrated resorts have become a key component of the Philippines appeal as a tourist destination with more than twenty casinos found in Metro Manila alone. History Origins Even before the History of the Philippines (1521–1898), Spanish colonization., gambling is said to have already been present in the Philippines. Although there are no exact records when gambling was first practiced in the archipelago, it is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> Business Process Outsourcing")
.jpg "Click for more on -> Gambling In The Philippines")