Instead of boosting the Philippine economy, the recently banned offshore gaming industry exposed the country's systemic vulnerabilities, including money laundering, human trafficking, and espionage, according to the Stratbase Institute. "The POGO (Philippine Offshore Gaming Operator) phenomenon,...
By DERCO ROSAL The offshore gaming ban, while controversial, has not led to the anticipated job losses. Despite concerns about the economic consequences, analysis shows that the industry's contribution to employment was relatively small. According to the Bank of the Philippine Islands (BPI), the...
The total ban on the Philippine Offshore Gaming Operations (POGO) contributed to a significant decrease in the demand for office spaces in the third quarter of the year, property brokerage firm Leechiu Property Consultants (LPC) said. In a statement, LPC said office take-up from July to September...
The Bureau of Immigration (BI) said it will help expedite the departure of foreigners working with Philippine Offshore Gaming Operators (POGOs) or Internet Gaming Licensees (IGLs). BI Officer-in-Charge Commissioner Joel Anthony Viado said the bureau and other government agencies decided “to...
The Presidential Anti-Organized Crime Commission (PAOCC) said it was now preparing to launch two large-scale operations against Philippine Offshore Gaming Operators (POGOs) not only to disturb their operations but also to arrest individuals involved in the activity. Pixabay PAOCC spokesman Dr....
The Philippine Amusement and Gaming Corp. (Pagcor) has refuted claims of instructing local government units (LGUs) to immediately halt the operations of Philippine Offshore Gaming Operators (POGO) by early August. In a statement on Saturday, July 27, Jessa Mariz Fernandez, head of Pagcor’s...
The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) has expressed its support for the government's ban on Philippine offshore gaming operations (POGO). In a statement on Wednesday, July 24, Cecilio K. Pedro, FFCCCII president, stated that President Marcos' decision...
Eight organizations, including local business groups, have called on the government to safeguard the well-being of Filipino workers at risk of job loss in case of a ban on Philippine offshore gaming operations (POGOs) in the country. In a joint statement on Wednesday, July 17, the groups also...
The Philippine Amusement and Gaming Corp. (Pagcor) said that about 255 former offshore gaming operations, previously known as “POGOs,” may have been operating illegally in the country. Alejandro Tengco, Pagcor chairman and chief executive officer, said these 255 POGOs had their overseas gaming...
The Philippine Amusement and Gaming Corp. (Pagcor) said the real risk to national security emanates from foreign hacking and scam syndicates, not from legitimate and licensed offshore gaming operations (POGOs). In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer...
The Fiscal Incentives Review Board (FIRB) is planning to set uniform charges on registered Philippine Offshore Gaming Operations (POGO) with the investment promotion agencies (IPAs). Finance Assistant Secretary and FIRB Secretariat Head Juvy Danofrata said on Thursday, April 21, that they will look...
The Bureau of Internal Revenue (BIR) recorded a decline in tax collection from Philippine Offshore Gaming Operations (POGO) last year following their exodus at the height of the pandemic. BIR Commissioner Caesar R. Dulay reported to the Department of Finance (DOF) that the bureau collected P3.91...
