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President Ferdinand "Bongbong" Marcos Jr. has announced the prohibition on all Philippine offshore gaming operators in the country.Marcos stressed that POGO operations had ventured into illicit areas such as financial scamming, money laundering, prostitutions, human trafficking, kidnapping, torture, and murder.“The grave abuse and disrespect to our system and laws must stop.
Expanding or promoting the POGO sector to maximize its benefits, PIDS said, exposes the country to increased risks of abrupt reversal of capital as well as social, governance, and reputational risks.RaidsMarcos earlier said POGOs might no longer be worth allowing if they bring a social cost to the Philippines, considering the crimes linked to them.
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