Philippines Implements Total Ban on Offshore Gambling
Manila, Philippines – President Ferdinand Marcos Jr. has delivered a decisive blow to the Philippines Offshore Gaming Operator (POGO) industry, announcing a complete shutdown of all operations by the end of the year. The move, which was met with widespread public approval, comes in response to mounting concerns over criminal activities linked to POGOs.
The decision to phase out POGOs was a focal point of Marcos’ State of the Nation Address, where he outlined the industry’s involvement in illegal associations.. The President emphasized the government’s commitment to protecting citizens from the detrimental effects of these illegal operations.
The infamous “POGO Mayor” Alice Guo, whose name has become synonymous with POGO-related scandals, has been under intense scrutiny, further fueling public outrage and calls for industry reform.
With the POGO ban in effect, the Philippine Amusement and Gaming Corporation (PAGCOR) has been tasked with winding down all POGO operations by December 31st. The government has also pledged to provide support to displaced Filipino workers as they transition to new employment opportunities.
While the focus of the President’s address was on economic recovery and tourism, the POGO ban has been hailed as a significant step towards restoring law and order in the country. It’s important to note that this prohibition specifically targets offshore gaming operations and does not affect Philippine-based gaming establishments (PIGOs) that operate within the legal framework.
Secure Your Future in Asian Gaming
EGS Digital Services offers expert guidance to navigate the complexities of Asian gaming markets. Contact our specialists today to identify the best opportunities for your business.
Font: AGB