$RGB / 0037 (RGB INTERNATIONAL BHD) got this from my broker @penglam

In view of the announcement made by President Ferdinand Marcos Jr. on the ban of Philippine Offshore Gaming Operators (POGO) earlier this evening, RGB would like to highlight that there is *no impact to the Group*. Total sales to POGO in FY23 accounted for less than 0.5% of group total revenue, from the sale of playing cards and shufflers.

*What is POGO and What is the Difference to PIGO?*
POGO involves the *live streaming of table games* as well as the operation of online gaming which *does not* require physical slot machines like PIGO (Philippine Inland Gaming Operators – otherwise known as ‘remote gaming’). The clampdown on POGO has been ongoing which led to the introduction of new regulations and subsequently, Internet Gaming Licensees (IGL), last year.

RGB would like to reiterate that *no slot machines were sold to POGO*. Sale of slot machines are only to *licensed IRs, casinos and slot club operators*, therefore, guidance of 4,200 units of slot machines remain *unaffected*.

News:
https://cutt.ly/Vek7WjiD
https://cutt.ly/xek7Wkks