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Market · Philippines · Fri 23 Oct · 1 min read

PAGCOR's POGO hangover is real and measurable

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What happened

Keith McDonnell's assessment that PAGCOR is still recovering from the POGO shutdown is the most candid public framing of the regulator's structural problem since PAGCOR's own 42% GGR growth headline in October. Those two reads are not contradictory: domestic and SCBPO revenue is growing, but the offshore licensing fees, compliance income, and regulatory footprint that POGOs generated have not been replaced like-for-like.…

Sources: Google News

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