Tell it to SunStar: High-risk IGL applicants should not be allowed to operate

SunStar Tell it
SunStar Tell it

By Sen. Sherwin Gatchalian

We deplore the Philippine Amusement and Gaming Corporation (Pagcor) for issuing provisional licenses to “high-risk” Philippine Offshore Gaming Operators (Pogo), saying such classification should be enough basis for the regulator to reject their license application.

In the case of Zun Yuan Technology Inc., the Pogo company based in Bamban, Tarlac recently subjected to a police raid, Pagcor itself has deemed the company “high-risk” based on its risk profiling and yet was given a provisional license.

Kapag high-risk, hindi na dapat payagan dahil ibig sabihin delikado na ‘yan. At totoo nga, nagtuloy-tuloy pa ang iligal na operasyon nila. Kung walang mga complainant, baka marami pang human trafficking, torture, at mga online scam ang nangyari.

I would suggest that since Pagcor already started risk profiling internet gaming licensees or IGL applicants, those classified as high-risk should not be allowed to operate.

The provisional license created problems. The process of granting provisional licenses is not even included in the guidelines that Pagcor itself formulated to supervise the operations of Pogos in the country, now called IGLs.

You are violating your own guidelines, and that’s why all of these crimes are being committed.

Zun Yuan also failed to meet a Pagcor requirement for an authorized capital stock (ACS) of at least P100 million with a paid-up capital stock of at least P25 million. Based on records, the minimum capital requirement was not met when the provisional license was issued by Pagcor.

Also, Pagcor failed to properly conduct a probity check as it failed to ascertain that the residential address of Jamielyn Cruz, the Chairman of the Board of Zun Yuan, turned out to be non-existent or fake.

All of these scenarios were already red flags for Zun Yuan not to operate. The process of approving Pogo licenses should be made simple: either they are qualified or not, and they should be granted or denied a license based on their qualification. Clearly, Zun Yuan wasn’t qualified from the very start.

I have been advocating for the termination of all Pogo operations in the country. Itigil na natin itong kalokohan na ito dahil ginagamit lang ng mga kawatan ang kunwari’y legitimate license nila para lokohin tayong lahat.

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