The government stance to entirely ban Philippine offshore gaming operators is making President Ferdinand Marcos Jr. look like a saint compared with his predecessor.
A source deep into the gambling industry points to factionalism among groups within the current bureaucracy. There seems to be an effort, the source says, to undo some of the policies of the Duterte administration which had then received push-back from the public. The source alleges that all of these efforts are being made to refurbish Marcos Jr.’s image.
Here at home, the Senate Ways and Means Committee and the DOF admit that POGOs’ contribution to the country’s economy remains sizeable and could cause financial losses, if and when the gaming business is banned. In a recent Senate hearing, when pressed by Senate Committees on Energy and Economic Affairs Chair Sherwin Gatchalian, DOF Undersecretary Bayani H. Agabin admitted that the 1% effect on Gross Domestic Product that POGOs contribute is “quite big and a cause for concern.” Gatchalian wondered then where the government would source the possible income lost from banning POGO operation in the country.
In an interview with Rappler, a former high official of the previous administration said that this is easier said than done. “Are these so-called jobs already waiting for the unemployed?” the former official asked. “Will new investors be able to set up shop and hire displaced POGO workers in a month’s time?”
pogo corrupt many government officials , police as personal bodyguards, as if it's another government in the Philippines, this is not a behavior that can be tolerated by economic interests.
Why don't they talk about how many other people's expenses have increased due to the increase in rent caused by pogo, and only emphasize the excellent salaries of a few cases?
These media are only using the livelihood of ordinary people as an excuse to protect the interests of the big capital hiding behind them.
Hundreds of thousands?
'In an interview with Rappler, a former high official of the previous administration said that this is easier said than done.' Strange lang, why was the former high official not named? What was that former high officials stance about ABS-CBN's closure? Seems pertinent, yes?
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