With the President and the Senate showing no support for the online gambling industry, taxes or rhetoric could drive it away.
Unlicensed gambling options are popping up on Facebook and the gaming regulator wants to make sure people stay away.
Although the Philippines could lose a lot by the departure of POGOs, senators are looking to win some quick publicity.
Two POGOs have been confirmed to be on their way out of the country, with over a dozen service providers following them.
Philippine gambling regulator PAGCOR's Q1 revenue stats show COVID-19 impact on market (as well as some accounting hiccups).
International Entertainment Corp. plans to request a license from PAGCOR to build a casino resort in the Philippines.
The Philippine gaming regulator and casino operator makes an additional payment to the country’s treasury.
The Bureau of Internal Revenue wants proof that POGOs are paying taxes before they can reopen, and PAGCOR says they are powerless to stop unlicensed operations.
Philippine-based online gambling operators under fire from politicians and business process outsourcing sector over their right to relaunch amid pandemic.
Following strict quarantine guidelines, POGOs will now be allowed to resume partial operations.