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Casino News:

  Pagor Casinos under prosecution by Philippine Congress for suspected scams

The suspected cases of scams in the casinos related with the government agencies have created storm for the Philippine Amusement and Gaming Corporation as the House of Representatives is on the move to make a thorough probe. The corporation has come under dark clouds as amoral practices have increased considerably in Pagcor casinos in the recent past. Such intolerable acts would put it in an awkward position when its major venture, i.e. Entertainment City is in the pipeline.

Amado Bagatsing, the House Chairman on games & amusement committee and the Manila Rep. would be there to initiate probe proceedings. Bagatsing has presented Resolution 2657 for a through probe in respect of the large number of scams at the Pagcor properties that fears great damage to its reputation in terms of their great revenues during the current year.

Pagcor was robbed to the tune of 178.266 million through the highest fraud by one of the VVIPs, i.e. Ben Lui, organized by him in May, 2011. Bagatsing apprised that associates of Lui were arrested, bailed out and afterwards set free but ostensible head of the entire scam succeeded to flee out of the state.

It has been reported that the state has been put to a revenue loss of approx Php 200 million by Pagcor through its different unlawful evasions of levies. One of its employees engaged in the internal security at Pagcor’s Casino Filipino Pavilion secretly took away casino chips worth Php 10.17 million in May 2011, which was in fact an income for Pagcor. Such illegal activities have come to the surface in the recent past too. It has been alleged that revenues worth Php 2.8 million have been stolen at Cebu City Parkway Satellite Casino in Mandane in June this year.

Bagatsing expressed that the widespread publication of such annoying occurrences through newspapers, TV channels and other effective sources of communication have created an atmosphere of uproar amongst the casino enterprises. The tourism, hotel and entertainment establishments have been hit hard due to such uncalled for actions, he added.


   2012-09-12






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