While POGOs deliver tax revenue for the government, a lawmaker argued that the risks related to the activity are greater than the benefits.
Over the last few years, the Philippine Offshore Gaming Operators (POGO) sector has seen much scrutiny and allegations regarding ties to criminal activities. Despite that, the sector continues to bring tax revenue for the government. Now, one lawmaker recently showed support for the shutdown of the POGO industry, regardless of the benefits it brings.
Benjamin Diokno, the Philippines Finance Secretary, recently participated in a briefing, a report released by Philstar reveals. During the briefing on Wednesday, the Finance Secretary spoke against the POGO industry, urging for the shutdown of the sector. Additionally, he explained that the government can collect revenue from other sources, replacing the gap that would be created from the POGO sector.
Over the last few years, the Philippine Offshore Gaming Operators (POGO) sector has seen much scrutiny and allegations regarding ties to criminal activities. Despite that, the sector continues to bring tax revenue for the government. Now, one lawmaker recently showed support for the shutdown of the POGO industry, regardless of the benefits it brings.
Benjamin Diokno, the Philippines Finance Secretary, recently participated in a briefing, a report released by Philstar reveals. During the briefing on Wednesday, the Finance Secretary spoke against the POGO industry, urging for the shutdown of the sector. Additionally, he explained that the government can collect revenue from other sources, replacing the gap that would be created from the POGO sector.