President Ferdinand "Bongbong" Marcos Jr. ordered a nationwide ban on all Philippine offshore gaming operators (POGOs) by the end of the year, citing "grave abuses and disrespect to our system of laws."
He instructed the Philippine Amusement and Gaming Corporation (PAGCOR) to wind down and cease POGO operations, with a legislative measure or executive order to be enacted to ensure the ban is institutionalized.
The ban follows months of investigations and controversies, including raids on POGO workplaces that uncovered alleged paraphernalia used for internet scamming and torture.
Solicitor General Menardo Guevarra stated that an executive order is sufficient to implement the ban, as gaming operations fall under PAGCOR, which reports to the Office of the President.
The Bureau of Immigration has given foreigners employed in POGOs and internet gambling licensee companies 60 days to leave the country.
Department of Finance Secretary Ralph Recto supports the ban, stating its costs outweigh its benefits.
Economists warn the ban could adversely impact local employment, real estate rentals, and demand for retailers and other commercial establishments.
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