The Philippine gaming regulator PAGCOR will require licensed companies to re-apply for gaming licenses in accordance with new specifications in 2023, and announced at a summit in the same year that POGO was officially renamed IGL:
POGOs
Full spelling:Philippine Offshore Gaming Operator
Explanation: Philippine offshore gaming operators refer to online gaming companies registered in the Philippines but mainly targeting overseas markets.
IGL:
Full spelling:Internet Gaming License
Explanation: An online gambling licensee refers to a license issued by the Philippine Amusement and Gaming Corporation (PAGCOR) and can legally operate online gambling business.
According to the latest report from PASA, the global get-rich-quick industry platform, PAGCOR changed the name of POGO to IGL and required all offshore gaming companies to re-apply for licenses to comply with new regulatory requirements.
Apart from the name change and new application procedures, there are essentially no changes. According to insiders, the reason why PAGCOR wants to make this change is because a large number of violent incidents have occurred in a large number of POGO offshore gaming companies in the past few years, as well as a large number of violations and crimes when using overseas practitioners. ; Therefore, it is planned to "change its appearance".
In fact, it is like covering one's ears and stealing the bell.