spribe
HomeNewsFocusPhilippines Scrutinizes PIGOs After POGO Ban—Is Another Crackdown Coming?

Philippines Scrutinizes PIGOs After POGO Ban—Is Another Crackdown Coming?

POGO PIGOs

Following last year’s ban on Philippine Offshore Gaming Operators (POGOs), Senate President Francis Escudero is now calling for a review of Philippine Inland Gaming Operations (PIGOs), raising concerns that they may pose similar risks to society.

Escudero warned that PIGOs, which cater to local players, could have the same negative impacts as POGOs, which were banned due to links to money laundering, human trafficking, and fraud. Despite acknowledging the significant revenue PIGOs generate for the government, he questioned whether their social costs outweigh the financial benefits.

Regulation vs. Elimination

While Escudero has previously pushed for a full gambling ban, industry experts believe such a move is unlikely. Unicapital Securities Analyst Jeri R. Alfonso pointed out that PAGCOR, the country’s gaming regulator, is a major contributor to government revenue, providing PHP4.59 billion in dividends in 2024.

China Bank Capital’s Managing Director Juan Paolo E. Colet echoed this sentiment, stating that banning online gambling outright could push Filipino players toward illegal markets, making the situation worse. Instead, he advocated for stricter regulations to ensure responsible gaming while maintaining government income.

A Growing Debate

Calls for stricter oversight have been growing. Last month, Senator Risa Hontiveros urged the Marcos administration to suspend all online gambling over fears that former POGO operators have infiltrated domestic gaming. As discussions intensify, the future of PIGOs remains uncertain, with the government balancing economic interests against social concerns.

funkygames

Must Read

Brazil Expands Betting Rules to Include Popular Esports Games

Brazil has updated its betting regulations, now allowing Counter-Strike, Valorant, and Fortnite for fixed-odds betting. The Ministry of Sport announced the change through an ordinance...