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Tuesday, July 23, 2024

POGOs to go by year end says PBBM at SONA

It is more fun criticizing

The POGOs have until year end  to be legal in the Philippines, after which they are banned.   This could be on offshoot of the discovery of crimes coming from POGOs due to problems in Bamban Tarlac and Porac Pampanga, and as a result of on going Senate hearing on Alice Guo.  

The chamber of commerce have pointed out the negative effect on real estate, employment, revenue collection with POGO ban.  Maybe its politically unpalatable  to the President.   So he had to decide against POGO.  

This was contained in PBBMs SONA address July 24, 2024.  He said that POGO ban would solve many of our problems but not all of them .  He ordered PAGCOR for the winding down of their operation by year end 2024