RGB states that it does not sell POGO slot machines, but only to licensed casinos and operators that are licensed by PAGCOR.
Key Highlights:
No Impact on RGB: The Malaysian gaming machine manufacturer has confirmed that it is not affected by the recent Philippine government’s ban on POGOs.
Focus on Licensed Operators: RGB exclusively supplies its products to licensed casinos and PAGCOR-regulated operators in the Philippines.
Industry-Wide Implications: The POGO ban has created uncertainty for many gaming companies operating in the Philippines, highlighting the importance of regulatory compliance and licensing.
RGB Remains Unfazed by POGO Ban
RGB, a leading gaming machine manufacturer based in Malaysia, has assured its stakeholders and customers that its operations in the Philippines will not be affected by the recent government-imposed ban on Philippine Offshore Gaming Operators (POGOs).
The company clarified that it exclusively supplies its slot machines to licensed integrated resorts, casinos, and slot club operators regulated by the Philippine Amusement and Gaming Corporation (PAGCOR). This distinction ensures that RGB’s business remains unaffected by the POGO ban.
In light of the POGO ban, companies like RGB and DigiPlus, a local online bingo operator, have emphasized their compliance with Philippine regulations and their focus on legitimate gaming operations. By highlighting their adherence to licensing requirements and their contribution to the local economy, these companies aim to reassure investors and stakeholders.
The POGO ban has created a complex landscape for the Philippine gaming industry. However, companies that prioritize regulatory compliance and ethical business practices are well-positioned to navigate these challenges and capitalize on emerging opportunities.