Uncategorized
PAGCOR CANCELS ACCREDITATION OF OFFSHORE GAMING SERVICE PROVIDER
The Philippine Amusement and Gaming Corporation (PAGCOR) has cancelled the accreditation of offshore gaming customer relations service provider CGC Technologies Inc. (CGC).
The cancellation of CGC’s accreditation came barely a week after PAGCOR issued a stern warning to its offshore gaming licensees and its accredited service providers who are involved in illegal activities.
Investigations confirm that CGC, an accredited service provider operating under offshore gaming licensee Oriental Game Limited, was involved in criminal activities thus warranting the cancellation of its accreditation. It was also found that CGC violated some of the conditions attached to its accreditation.
Alongside the cancellation order is the “forfeiture of CGC’s Performance Bond effective immediately.”
Likewise, PAGCOR imposed a fine of $350,000.00 to its offshore gaming licensee Oriental Game Limited “for its failure to ensure the legitimate conduct of CGC’s business.”
PAGCOR Chairman and CEO Alejandro Tengco again reminded all offshore gaming licensees and service providers to abide by the Philippine laws to avoid severe consequences.
He also noted that those with cancelled accreditations and licenses must immediately cease their operations. “Continued operations despite the cancellation of their accreditation or licenses shall be considered illegal. Immediate action will be taken against those who are engaging in such.”
“PAGCOR strongly advocates responsible gaming to curb all forms of social ills being linked to gaming. This is the reason why we continue to forge close partnership with other government agencies. Through proper regulation and cooperation with our law enforcement agencies, we will continue to ensure that revenues from regulated gaming will be used for more worthy causes, especially nation-building,” Tengco added.
Prior to the cancellation of its accreditation, CGC was issued a suspension order after being subjected to an inter-agency search operation on May 4, 2023. The company was embroiled in various allegations including credit card fraud, serious illegal detention, and human trafficking activities.
During the inter-agency special operation, CGC was found to be operating six buildings inside the Sun Valley Business Hub in Mabalacat, Pampanga, but only two were accredited by PAGCOR. Personnel working in the hub are of mixed nationalities including Indonesians, Vietnamese, Nepalese, Bhutanese and Chinese.
Powered by WPeMatico
Uncategorized
Quantum continues expansion streak with two director-level new hires
Reading Time: 2 minutes
One of betting and gaming’s best-known customer acquisition and comparison businesses, Quantum, has announced the next steps in its ambitious growth plan by welcoming two new director-level appointees.
Joining the business are Dimitris Papamichael as commercial director and Luke Watkin as marketing director – both in newly created roles. They come in alongside a full C-suite and a full team of new tech hires that continues a recruitment drive which began in 2023 – and reflects Quantum’s rapid and consistent growth throughout the last five years.
Papamichael will be responsible for all revenue-generating activities across the business in a pivotal leadership role. He’ll shape Quantum’s commercial strategy as the company diversifies into new verticals while maintaining its strong position in the iGaming sector. He’ll also lead an expanding team of commercial and sales managers.
Watkin will lead the development and execution of the marketing strategy across all business verticals. As marketing director, he’ll be instrumental in shaping Quantum’s marketing vision, building scalable systems, and delivering commercial impact as it expands into new markets. Watkin will build and mentor a high-performing marketing team and is also tasked with driving further recruitment.
Speaking of the appointments and new strategic direction, CMO James McCarthy said: “It’s a pleasure to welcome Dimitris and Luke to Quantum during what is undoubtedly a really fascinating time in our growth. From cementing our relationship with some of iGaming’s biggest names to helping us expand into exciting new sectors, both of our new Directors will be integral to the continued success of the business.”
Papamichael said: “I’m thrilled to be joining Quantum at such an exciting stage of its incredible growth journey. The company has already achieved so much, and there’s huge potential ahead as we expand into new markets and sectors. I can’t wait to work with the exceptionally talented team here to seize the many opportunities ahead and drive the next phase of growth.”
Watkin said: “I am delighted to join a business with such a proven track record of excellence in its core markets, as well as highly ambitious plans for strategic expansion into new markets and territories. I am looking forward to contributing towards building on the exceptional progress the team has made to date, and accelerating that growth in the years ahead.”
This people news comes hot on the heels of the company’s exciting rebrand news of last week, moving toward the “quantum” in QiH Group” as well as redefining the business’ purpose and strategic direction.
The post Quantum continues expansion streak with two director-level new hires appeared first on European Gaming Industry News.
Uncategorized
FLY AWAY TO FORTUNE WITH ZITRO’S “RAINBOW BIRDS”
Reading Time: < 1 minute
The post FLY AWAY TO FORTUNE WITH ZITRO’S “RAINBOW BIRDS” appeared first on European Gaming Industry News.
Uncategorized
PHP13 MILLION UP FOR GRABS IN PAGCOR’S LINKED BINGO EVENT
Reading Time: < 1 minute
The post PHP13 MILLION UP FOR GRABS IN PAGCOR’S LINKED BINGO EVENT appeared first on European Gaming Industry News.
-
Latest News7 days agoBoomerang Partners has announced a gift auction at their booth during the upcoming SiGMA Europe 2025 in Rome
-
Amusnet7 days agoWeek 44/2025 slot games releases
-
Denmark5 days agoPeter & Sons Expands Its Danish Presence Through Partnership with Spillehallen
-
Trusted7 days agoTrusted Crypto Casinos of 2025: Jackbit Introduces No-KYC Play, Fast Withdrawals & a New Welcome Bonus for Global Players
-
Latest News7 days agoiGaming 2026 starts now: be the first to get Slotegrator’s iGaming trends report
-
Uncategorized7 days agoMyEmpire Reborn: New Look, New Empires, New Features
-
Latest News4 days agoReels.io Goes Live with Vegangster’s Next-Gen Video Discovery
-
Baltics4 days agoDATA.BET Now Powers Esports for Entain NCE Across Baltics & Nordics



