Marcos’ POGO dilemma: Economic managers never backed Chinese online gambling

Marcos Year 2 News

Marcos’ POGO dilemma: Economic managers never backed Chinese online gambling
Ferdinand Marcos Jr.Marcos Jr. AdministrationPhilippines-China Relations
  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 48 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 57%
  • Publisher: 86%

Economic managers of both Duterte and Marcos never backed online gambling. But will a ban be effective, given the slippery nature of illegal POGOs?

This is AI generated summarization, which may have errors. For context, always refer to the full article.

But the country’s economic architects – the Cabinet officials in charge of improving the Philippines’ fiscal position – were never really on board. In fact, they recommended an outright ban amid criminal activities surrounding POGOs.The Duterte administration saw the biggest gains in the POGO industry.

“When we refer to POGO hubs as self-contained communities, what we mean is that these hubs will have all the basic needs of the foreign employees of POGO,” Domingo said in a text message to reporters last August 8, 2019. In a November 2022 Senate hearing, Pagcor said it intends to grow POGO revenues to P10 billion by 2027, higher than the P8 billion earned in 2019, or during the peak of POGO activities. It added that they aim to have a 100% market share of the online gambling industry in Southeast Asia.

The gaming regulator, as well as the police and local government units, are struggling with law enforcement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

rapplerdotcom /  🏆 4. in PH

Ferdinand Marcos Jr. Marcos Jr. Administration Philippines-China Relations Pogos Business Economy &Amp Governance Editors' Pick In-Depth Newsbreak

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Marcos: Gov't focused on eradicating illegal POGO activitiesMarcos: Gov't focused on eradicating illegal POGO activitiesLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

Recto says letter recommending total POGO ban sent to MarcosRecto says letter recommending total POGO ban sent to MarcosLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

Police in Fontana raid miss Chinese believed behind Bamban POGOPolice in Fontana raid miss Chinese believed behind Bamban POGOLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

POGO scam suspects try to flee PH, leaving ‘Chinese’ mayor behindPOGO scam suspects try to flee PH, leaving ‘Chinese’ mayor behind'This is the first time that members of the commission are getting death threats that are nerve-wracking and chilling,' says PAOCC spokesperson Winston Casio
Read more »

Chinese 'manager' linked to Porac POGO hub arrested in Clark — CIDGChinese 'manager' linked to Porac POGO hub arrested in Clark — CIDGLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

Chinese army uniforms found in Porac POGO siteChinese army uniforms found in Porac POGO siteDefining the News
Read more »



Render Time: 2025-02-15 16:36:09