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Swimming polls

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Uh-oh, the Commission on Elections sets its eyes on survey companies, even threatening to impose sanctions on them—such as jail terms—if they do not reveal the “subscribers” to their political surveys, particularly the pre-election polls covering the senatorial race. Those are the companies—or the political groups—paying the survey companies for first crack at the survey results, which as the survey companies have always pointed out, are not the same as the “sponsors” of the survey, or those who paid outright for the surveys.

Posted: April 25th, 2013 in Columnists,Inquirer Columns | Read More »

No offense unmeant

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Malaysian lotto company PGMC, confusingly named “Philippine Gaming Management Corp.,” has been putting out ads attacking its one and only important client in this country—the PCSO.

Posted: April 18th, 2013 in Columnists,Inquirer Columns | Read More »

DFNN eyes settlement of row with PCSO

dfnn

Listed information technology solutions provider DFNN Inc. is seeking an amicable settlement with the state-owned Philippine Charity Sweepstakes Office (PCSO) over a wireless lotto betting contract dispute after recently getting a favorable ruling from the Court of Appeals.

Posted: April 8th, 2013 in Latest Business Stories | Read More »

Biz Buzz: PCSO’s P1B windfall

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The conflict between Philippine Charity Sweepstakes Office (PCSO) and Pacific Online Systems Corp., on one side, and Malaysian conglomerate Berjaya, on the other, has turned into a full-blown war.   Berjaya’s local unit, Philippine Gaming Management Corp. (PGMC), came out with guns blazing last week, accusing PCSO and Pacific Online of all sorts of monkey [...]

Posted: April 1st, 2013 in Editor's Pick,Headlines | Read More »

Online betting firm accused of defying PCSO directive

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Philippine Charity Sweepstakes Office: Clutching at straws?

The local gaming unit of Malaysian group Berjaya has accused an online betting company of engaging in what it described as “unauthorized business similar to jueteng” in defiance of a Philippine Charity Sweepstakes Office (PCSO) order.

Posted: March 18th, 2013 in Latest Business Stories | Read More »

Pacific Online posts 23% jump in transactions

Lottery equipment supplier Pacific Online Systems Corp. reported a significant jump in the amount of transactions it handled for the government in 2012 from year-ago level.

Posted: January 22nd, 2013 in Headlines | Read More »

Biz Buzz: Win or lose

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The sharp rise of JG Summit shares in the last two days (up 9 percent), according to some stock pundits, may be related to the unfolding Okada casino payoff story.

Posted: November 21st, 2012 in Headlines | Read More »

Lotto firm slams PCSO for claiming contract wasn’t binding

Philippine Charity Sweepstakes Office: Clutching at straws?

MANILA, Philippines—Philippine Gaming Management Corporation (PGMC) has shrugged off as baseless the claim of the Philippine Charity Sweepstakes Office that its contract with PGMC is not binding.   PGMC legal counsel Jose Bernas said the PCSO official who made the claim was “clutching at straws.”   The PCSO official said that the “whereas clause” in [...]

Posted: November 16th, 2012 in Latest Business Stories | Read More »

PCSO disputes PGMC lotto exclusivity claim in Luzon

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Philippine Charity Sweepstakes Office: Clutching at straws?

The Philippine Charity Sweepstakes Office has disputed the claim of Philippine Gaming and Management Corp. (PGMC) that it holds the exclusive right to operate lottery outlets in Luzon, saying that any claim to geographic exclusivity is “erroneous.”

Posted: November 12th, 2012 in Latest Business Stories | Read More »

Makati court asked to cite PCSO officials for contempt

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PCSO chairperson Margarita Juico: Ignored court order?

The lotto operator holding the exclusive rights for Luzon operations has asked the Makati Regional Trial Court to cite for contempt officials of the Philippine Charity Sweepstakes Office for defying an order barring the agency from allowing another firm to encroach in its geographic franchise.

Posted: November 5th, 2012 in Latest Business Stories | Read More »

Pacific Online posted 15% business growth in Jan.-Sept.

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Listed lottery terminal supplier Pacific Online Systems Corp. reported a 15-percent year-on-year growth in the amount of business it handled from January to September this year.

Posted: October 8th, 2012 in Headlines | Read More »

Malaysian firm suing PCSO

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The local gaming unit of large Malaysian conglomerate Berjaya is taking the state-owned Philippine Charity Sweepstakes Office (PCSO) to court for alleged violation of an exclusive equipment leasing deal and forging a new contract with another company without prior bidding.

Posted: June 13th, 2012 in Headlines | Read More »

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