Desperate to meet international AML standards, the Philippines have given POGOs until March 16 to get registered.
With the Philippines House passing a tax bill this week, the Senate is now gearing up for its own.
A new bill would reinstate a 5% tax on gross gaming receipts, and establish a 25% tax on employee income.
The Bureau of Internal Revenue reported a great year for POGO taxation, but the gravy train is likely coming to an end.
Philippine online gambling operators and their service providers face tougher anti-money laundering requirements under new law.
Philippines POGOs saw their demand for office space cut in half last year, and realtors warn it could get a lot worse.
The number of licensed Philippine Offshore Gaming Operators continues to shrink, while the number of POGO-related kidnapping spikes.
Philippine Ministry of Finance says it will stop collecting 5% online gambling turnover tax in respect of Supreme Court ruling.
The Supreme Court has voted 13-1 in favor of POGOs, saving them from having to pay a 5% franchise tax.
Domingo renamed PIGOs to Liveshots, and layed out all the new rules for online gambling in the Philippines.