Philippine House Moves to Ban Offshore Gambling Operators

A Bold Step Toward Gambling Reform: Philippine House Panel Votes for POGO Ban

In a decisive move, the Philippine House of Representatives’ Committee on Games and Amusements has approved two critical measures, House Bill 5082 and House Resolution 1197, aiming to ban offshore gambling operators (POGOs) from operating within the country.

Cracking Down on Offshore Gambling

This legislative action, spearheaded by Rufus Rodriguez and Bienvenido Abante Jr., targets the elimination of POGOs, which have been implicated in a host of illegal activities. According to Rodriguez, despite the revenue generated by these operations, they have become hotbeds for money laundering, unauthorized employment of foreigners, kidnapping, and other serious crimes. A staggering statistic from the Philippine National Police highlighted the plight of over 4,000 individuals involved in POGO-related criminal activities in just the first half of 2023.

PAGCOR’s Stance Amidst the Controversy

While the motion to ban POGOs gains momentum, the Philippine Amusement and Gaming Corporation (PAGCOR) has voiced its concerns. Alejandro H. Tengco, PAGCOR’s chairman and CEO, has emphasized the significant economic contributions of the POGO sector, including job creation for nearly 70,000 Filipinos and substantial occupancy in the country’s property market, with POGOs taking up over 625,000 square meters of office space.

A Complicated Future for POGOs

As the debate intensifies, the future of POGOs in the Philippines hangs in the balance. The proposed legislation represents a pivotal moment in the country’s approach to offshore gambling, balancing economic benefits against the imperative to uphold law and order. With the committee’s approval of House Bill 5082 and Resolution 1197, the Philippine legislative body sends a clear message about its commitment to safeguarding its citizens and maintaining integrity within its borders.

As this legislative journey unfolds, stakeholders from all sides of the issue are keenly watching the developments, understanding that the outcome will significantly impact the Philippine gambling landscape and potentially set a precedent for other nations grappling with similar challenges.

The post Philippine House Moves to Ban Offshore Gambling Operators appeared first on Gamingo News.

A Bold Step Toward Gambling Reform: Philippine House Panel Votes for POGO Ban In a decisive move, the Philippine House of Representatives’ Committee on Games and Amusements has approved two critical measures, House Bill 5082 and House Resolution 1197, aiming to ban offshore gambling operators (POGOs) from operating within the country. Cracking Down on Offshore
The post Philippine House Moves to Ban Offshore Gambling Operators appeared first on Gamingo News.