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Regulatory · Wed 22 Jul · 3 min read

PAGCOR targets VIP and junkets in AML review

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What happened

PAGCOR completed a sector-wide AML and CFT risk assessment and issued a direct instruction to casino operators to strengthen their frameworks. The regulator did not issue a general advisory. It identified specific risk categories: VIP gaming and junket operations. Electronic gaming was also flagged. The instruction follows an internal review, meaning PAGCOR has already formed a view on where the gaps are. Operators are now responding to findings, not a precautionary notice.

Why it matters

Sources: GGRAsia

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