President Ferdinand Marcos Jr. has issued Executive Order No. 74, officially banning Philippine Offshore Gaming Operations (POGOs) due to their association with crimes and financial risks. The Anti-Money Laundering Council cited POGOs as susceptible to illicit financial activities. The order mandates that POGOs halt operations by the end of 2024, with no new licenses to be issued. Law enforcement agencies will intensify efforts to combat illegal gaming operations. Various government departments will monitor compliance, especially in real estate and tourism sectors.
MARCOS SIGNS ORDER TO BAN POGOs AMID RISING CONCERNS
Latest from News
President Ferdinand Marcos Jr. has signed Republic Act 12312, officially banning Philippine offshore gaming operators (POGOs)
The Metropolitan Manila Development Authority (MMDA) announced it will suspend the number coding scheme on October
The Bureau of Immigration (BI) announced it will hire additional officers ahead of the Christmas and
The Philippine National Police (PNP) announced it will investigate violations of President Marcos Jr.’s price freeze
The Philippine Conference on Women, Peace, and Security (WPS) kicked off on October 28 at the