RGB slots unaffected by POGO ban

RGB International Bhd, a Malaysia-based supplier of casino electronic games and services, assures that it is “not affected” by the announced ban on offshore online gaming operators in the Philippines.

On Monday, President Ferdinand Marcos Jr. announced that Philippine Offshore Gaming Operators (POGO), now known as Internet Gaming Licensees (IGL), must cease operations in the country by the end of the year.

As of July 16, 38 IGL permit holders were authorized to offer gaming services to offshore customers, along with seven provisional licensees, according to the Philippine Amusement and Gaming Corp (PAGCOR). On Tuesday, PAGCOR’s chairman and chief executive, Alejandro Tengco, stated that 43 licensees were currently operational.

In last week’s announcement, RGB International Bhd’s board of directors reassured stakeholders that the POGO ban does not affect the company. “No slot machines were sold to POGOs,” the firm emphasized.

RGB confirmed that its slot machines are sold in the Philippines exclusively to integrated resorts, casinos, and slot club operators licensed by PAGCOR. The company remains optimistic about its business prospects in the Philippines.

In June, RGB announced plans to open a new facility in Manila this quarter. The facility, which includes a showroom, training hub for customers, and a repair center, spans about 700 square meters and will be located near the Entertainment City casino zone. Chuah Eng Meng, senior vice president of sales services and marketing, stated that this move aims to support the company’s regional expansion and sustain business growth in the coming years.

There are many gaming related companies with offices in the Philippines such as suppliers of gaming equipment, software, and other related services. They will not be affected by the POGO ban since they generally do not supply much to offshore gaming companies and most of their business are with land based or local market online gaming operators.

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