Philippines president lifts lotto ban

Philippino Lotto to be resumed, but not all gaming licensed by PCSO

President Duterte has decreed that the popular Philippino lotto should be resumed, after all gaming schemes by the Philippine Charity Sweepstakes Office (PCSO) were ordered suspended four days ago due to massive corruption.

President Rodrigo Duterte

“The suspension of lotto operations is lifted immediately,” Presidential spokesman Salvador Panelo said in a TV interview. “Franchise holders and operators of lotto outlets may now resume with their operations. The lifting of the suspension of lotto operations takes effect immediately.”

Executive Secretary Salvador Medialdea confirmed that investigators found no anomalies in the conduct of lotto operations. “The sanctity of lotto remained untainted and all regulatory rules have been followed,” Medialdea said.

However, all other gaming with franchises, licenses or permits granted by the PCSO, such as Keno and Peryahan ng Bayan (PNB), remain suspended.

Without the charity funds from PCSO, it was suggested that said the Philippine Amusement and Gaming Corp. (Pagcor) may need to increase its income generation in order to help replenish charity funding.

Related Posts

Coljuegos announces new president

The new appointment will see Cesar Augusto Valencia Galiano replace Juan Pérez Hidalgo, who resigned from the post last week ...