Pacific Online Systems Corporation (POSC) is reconsidering its position in the domestic online gaming sector due to growing regulatory uncertainty surrounding Philippine Inland Gaming Operators (PIGOs).
POSC had previously invested ₱150 million ($2.6 million) in HHR Philippines Inc. (HHRPI), the operator of Buenas e-Casino under a PAGCOR-issued licence. This investment aimed to explore potential opportunities in the e-casino space. However, recent government discussions hinting at a possible PIGO ban have prompted the company to reassess its involvement.
POSC Chairman Willy N. Ocier confirmed that the company does not plan to increase its stake in HHRPI for now, stating, “We’re not aggressive on it.” The current environment has led POSC to adopt a cautious approach.
HHRPI, licensed by the Philippine Amusement and Gaming Corporation (PAGCOR), provides digital platforms for both online and land-based gaming. The company had intended to use POSC’s funding to support its expansion plans, but the shifting regulatory landscape has cast doubt on those goals.
Concerns over PIGOs stem from fears they may follow a similar trajectory as Philippine Offshore Gaming Operators (POGOs), which have faced scrutiny and restrictions. All legal online gaming operations in the Philippines must operate under PAGCOR authority.
Despite the uncertainty, HHR Philippines continues to pursue strategic partnerships. One of its recent deals with React Gaming granted it exclusive rights to use Loot.bet’s cloud-based software in the Philippines.
POSC, meanwhile, continues its long-term collaboration with Intralot, a partnership that began in 2006 and has undergone several renewals.
