President Ferdinand Marcos Jr. is facing a lot of pressure to ban offshore gaming operators. But, according to sports betting platform analysts, there is evidence that Chinese gangsters took control of various operations.
During the Duterte administration, Philippine gaming operators, or POGOs, proliferated. Several POGOs sprouted within the last couple of years. Also, most of them were illegal and catered to players in China, where gaming was unlawful.
However, POGO operations increased crimes, including torture, murder, and kidnappings. Also, there are claims of workers being enslaved. The increased crime rate prompted the President’s close aides to ask him to ban POGOs in the country.
Offshore Gaming Operators in the Philippines
According to sportsbook pay per head reports, the President can sign an executive order at any point. Senator Nancy Binay said Congress could pass a law that can ban POGOs. Also, Senator Imee Marcos, the President’s elder sister, said he is deliberating on the topic. However, the President hasn’t made up his mind yet.
Senate President Juan Miguel Zubiri supports a ban on POGOs because the social costs are more than the revenue POGOs are bringing in. As per bookie pay per head sources, it was also the sentiments of Finance Secretary Benjamin Diokno.
In the previous administration, Congress enacted a law to tax POGOs. Also, the finance department estimated that POGOs would bring around $553.4 million in taxes for 2022. However, Diokno told senators that they had collected only 3 billion pesos in taxes in 2022. It was lower than the 3.9 billion pesos in 2021 or the 7.2 billion pesos in 2020. Thus, he said that he is in favor of discontinuing POGOs in the country.
Secretary of Justice Jesus Crispin Remulla warned that immediately banning POGOs would cause a humanitarian crisis for Chinese workers. He estimated that around 40,000 Chinese nationals have been overstaying in the Philippines after the Philippine Amusement and Gaming Corporation shut down hundreds of POGOs for unpaid taxes.
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