By Bohol Island News Staff/10:35 AM August 23, 2019

President Duterte has lifted the suspension of small town lottery (STL) operations nationwide
provided that certain conditions are met.Philippine Charity Sweepstakes Office (PCSO) general manager Royina Garma last night announced on Facebook the lifting of the suspension of STL operations.

“We are happy to announce that pursuant to the recommendation of the Philippine Charity Sweepstakes Office, the President lifted the suspension of the operations of STL,” she said.Garma said the lifting of the suspension on STL operations would cover “authorized agent corporations (AACs) that were compliant with the conditions of their STL agency agreement, and [had] been remitting [their] guaranteed minimum monthly retail receipts (GMMRRs).”She said authorized agent corporations that are compliant with the conditions of their STL agency agreement and have been remitting the guaranteed minimum monthly retail receipts may now operate.The PCSO gave several conditions for the resumption of operations of certain STL operations: that the AACs shall deposit in the PCSO a cash bond equivalent to three months of the PCSO’s share in the GMMRRs on top of their existing cash bonds.That the AAC’s cash bond equivalent to three months of the PCSO’s share in the GMMRRs shall be automatically forfeited in favor of PCSO, without prejudice to the other remedies that may be exercised by the government upon the AACs’ failure to timely and fully remit their GMMRRs during the duration of operations.That each AAC shall execute a written undertaking that it shall comply with its obligations under the STL agency agreement and will not institute any claims, monetary or otherwise, against the government and/or apply for a temporary restraining order or injunction from any court to prevent the government from exercising its rights and prerogatives.And that the STL agency agreement shall automatically be terminated upon violation of the conditions of their franchise and/or any of the above conditions without prejudice to the other remedies that may be exercised by the government.“The foregoing conditions shall be applied to other AACs that may be allowed to resume operations,” Garma said.She added: “It is understood that all STL AACs that will be allowed to resume operations will comply with the … new STL agency agreements in accordance with the terms and conditions of the new STL implementing the regulations upon issuance thereof.”In July, the President suspended all of PCSO’s gaming operations with franchises, licenses or permits granted by the PCSO due to alleged corruption.He lifted the suspension of the PCSO’s lotto game a few days later.

By Bohol Island News

Your reliable source of news and content in the island and the rest of Central Visayas and Mindanao.

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