GMA News
NEDA chief Balisacan backs proposed POGO ban
Socioeconomic Planning Secretary Arsenio Balisacan stated that the economic team has not yet discussed the proposed ban on Philippine Offshore Gaming Operators (POGOs), but NEDA supports the ban.
Balisacan previously recommended banning POGOs in September 2023, citing the high social costs and negative impact on the country's reputation due to illicit activities associated with the industry.
He emphasized prioritizing the creation of high-quality jobs for Filipinos and attracting legitimate investors and tourists.
The Philippine Amusement and Gaming Corporation (PAGCOR) estimates a potential revenue loss of P20 billion should the country ban POGOs.
Balisacan believes this revenue can be recovered and surpassed by attracting legitimate investors, which would generate income and corporate taxes, as well as import tariffs.
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Finance Secretary Ralph Recto has submitted a recommendation to President Ferdinand Marcos Jr. for a total ban on Philippine Offshore Gaming Operators (POGOs).
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House Speaker Ferdinand Martin Romualdez favors the strict regulation of Philippine offshore gaming operators (POGOs) over a complete ban, citing concerns that a ban would push operations underground and hinder monitoring and taxation.
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The Provincial Government of Bulacan has issued an ordinance banning Philippine Offshore Gaming Operations (POGOs) within its jurisdiction.
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The Philippine Amusement and Gaming Corporation (PAGCOR) will no longer permit Philippine Offshore Gaming Operators (POGO) to operate within large compounds, a move aimed at curbing criminal activities linked to the industry.
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The Presidential Anti-Organized Crime Commission (PAOCC) is considering proposing a gradual phaseout of Philippine Offshore Gaming Operators (POGOs) as an alternative to an outright ban.
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