Mindanao Times

‘Peryahan Games’ suspended: PCSO


MANILA -- The Philippine Charity Sweepstake­s Office (PCSO) has announced that Peryahan Games are now suspended.

“This is to inform the public that effective February 6, 2020, the operation of Peryahan Games is suspended until further instructio­n from the Office of the President,” said PCSO General Manager Royina Marzan-Garma in an advisory sent to reporters on Monday.

There was no reason stated in the announceme­nt on the suspension.

Last year, sales from the Peryahan Games reached PHP68 million when it went back to operation in October after an earlier suspension in August.

The Peryahan Games, formerly Peryahan ng Bayan, was suspended after its operating company Globaltech, failed to remit PHP100 million from its profit.

The company filed a suit before the Court of Appeals (CA) which later

sided with them, saying that the games’ operation is legal.

In 2015, sales from the Peryahan ng Bayan reached a total of PHP137 million.

However, sales dropped to PHP23 million in 2017.

PCSO earlier said that all its games, particular­ly the Peryahan Games and Small Town Lottery (STL) were contributo­rs for its yearly profit.

PCSO Assistant General Manager for Gaming Arnel Casas said the Peryahan Games and STL remain significan­t in sustaining the agency’s profit. (PNA)

Newspapers in English

Newspapers from Philippines