Amid calls to totally ban Philippine Offshore Gaming Operators , the Philippine Amusement and Gaming Corporation on Wednesday said outlawing Internet Gaming Licensees , formerly known as POGOs, could cause more harm than good.In a statement, PAGCOR chairman and CEO Alejandro Tengco said outlawing IGLs would drive legitimate operators underground.
After some studies, we found that many of those who have this license were not operating as overseas gaming ,” Tengco said.“They used PAGCOR’s license for criminal activities, such as credit card fraud, investment fraud, cryptocurrency fraud, love match and love scam fraud,” he added.To differentiate legitimate operators from illegal POGOs, PAGCOR now refers to its overseas gaming operators as IGLs.