5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

NBI gets P50-M grant vs illegal gambling

by
September 29, 2025
in Stock
0
NBI gets P50-M grant vs illegal gambling

NBI gets P50-M grant vs illegal gambling – BusinessWorld Online


      
      
      
      
      








NBI FACEBOOK PAGE

THE Philippine Amusement and Gaming Corp. (PAGCOR) granted the National Bureau of Investigation (NBI) P50 million worth of assistance to boost its campaign against illegal gambling.

In a statement on Monday, the regulator said an initial P25 million was given to the NBI on Sept. 29, the first tranche of the assistance to curb illegal gambling, including banned Philippine offshore gaming operators (POGOs).

“This assistance will defray the cost of food and expenses for POGO detainees, as well as support the Bureau’s legitimate operations against illegal gaming activities,” PAGCOR Chairman and Chief Executive Officer Alejandro H. Tengco said.

The two government agencies signed a memorandum of agreement at the PAGCOR Corporate Office in Pasay City on Monday.

“The NBI welcomes PAGCOR’s assistance as it will enable us to step up our operations against illegal POGOs and other unlawful gaming activities. This partnership affirms our shared duty to uphold the law and protect the Filipino people,” NBI Director Jaime B. Santiago said.

The POGO ban officially took effect on  Jan. 1 this year after President Ferdinand R. Marcos, Jr. signed Executive Order No. 74 in November 2024. — Aubrey Rose A. Inosante

CEDTyClea

RELATED ARTICLESMORE FROM AUTHOR




MORE STORIES


Previous Post

Filipino youth use social media for reproductive health info, says group

Next Post

LANDBANK says DPWH transactions legal

Next Post
LANDBANK says DPWH transactions legal

LANDBANK says DPWH transactions legal

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Reeves’ Budget: is Larry’s cat food the last refuge?

    Reeves’ Budget: is Larry’s cat food the last refuge?

    September 30, 2025
    A ‘taxi tax’ would hit vulnerable passengers and struggling businesses hardest

    A ‘taxi tax’ would hit vulnerable passengers and struggling businesses hardest

    September 30, 2025
    Mone accuses Rachel Reeves of fuelling ‘government vendetta’ after Labour fringe remark

    Mone accuses Rachel Reeves of fuelling ‘government vendetta’ after Labour fringe remark

    September 30, 2025
    Trade deficit hits 6-month low in Aug.

    Trade deficit hits 6-month low in Aug.

    September 30, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.