Pagcor shuts down 53 LWRC e-bingo,e-games sites | Inquirer Business

Pagcor shuts down 53 LWRC e-bingo,e-games sites

By: - Business Features Editor / @philbizwatcher
/ 11:20 AM September 09, 2016

THE STATE-controlled Philippines Amusement and Gaming Corp. (Pagcor) has ordered the Leisure & Resorts World Corp. (LWRC) to immediately shut down 53 Bingo Bonanza and electronic games sites operated by subsidiaries.

Pagcor cited the non-compliance of electronic bingo operator AB Leisure Exponent Inc. (ABLE) and e-games operator Total Gamezone Extreme Inc. (TGXI) to the distance restriction guidelines of the government, which wants gaming outlets to be at least 200 meters away from schools and churches.

Some 36 e-bingo sites of ABLE and 17 sites of TGXI were ordered by Pagcor to immediately cease operations.

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For ABLE, more popularly known as Bingo Bonanza Corp., the affected sites represented around 27 percent of 134 bingo parlors under the network.

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TGXI, on the other hand, is the assignee and purchaser of the assets, rights and interests of Digiwave Solutions, Inc. (DSI), the operator and licensee of Pagcor’s e-games stations.

“LRWC will send a letter of reconsideration to PAGCOR. Should reconsideration be not given, we will transfer the electronic bingo operations at said sites and transfer the same to compliant locations,” LWRC said.

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TAGS: e-Bingo, LR, LWRC

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