Opposition to Philippine-based Chinese-run offshore gaming operations, known as Pogos, is intensifying as business associations, economic think tanks, and political groups push for a ban.
These critics argue that the social costs, including crime and human trafficking, outweigh the minimal economic benefits, with Pogos contributing only 0.2% to the GDP in 2023.
They cite Senate hearings and data linking Pogos to significant criminal activity, such as kidnappings and illegal trafficking.
Prominent figures, including retired Supreme Court justices and former government officials, have called on President Ferdinand Marcos Jr. to cancel Pogo licenses, citing violations of regulations and concerns over criminal syndicates.
Despite the controversy, Pagcor has reported significant revenue from Pogos but acknowledges the potential job losses from a complete shutdown.
Source: PhilNews24 | July 19, 2024
