Why is Pogo illegal in the Philippines?
This file photo shows a POGO exhibit in the Philippines. … China had urged the Philippines to ban POGOs, which are mostly participated by Chinese workers and businessmen in the country. The law signals the country pursuing a policy of regulation rather than rejection of the lucrative gambling business.
Is Pogo illegal in Philippines?
Duterte on Wednesday inked Republic Act 11590 or An Act Taxing POGOs, as part of the government’s efforts to regulate all forms of legal gambling and prohibit illegal gambling operations, Presidential Spokesperson Harry Roque said in a virtual presser.
What is Pogo Bill Philippines?
The bill imposes a 5 percent tax on gross gaming receipts for “offshore gaming licensees” and a 25 percent tax on gross income for nonresident aliens working under the Service Providers of these licensees. For POGO employees, the bill provides a minimum final withholding tax due of PHP12,500 for any taxable month.
How does Pogo affect the Philippines?
In addition to gaming tax revenue, POGOs have had a profound impact on other aspects of the Philippine economy. POGOs and their supporting firms lease voluminous amounts of office space and occupy 10.8 million square feet of office space in greater Manila alone.
Is online gambling illegal in the Philippines?
Gambling, both land-based and online is legal and regulated by the Philippine Amusement and Gaming Corporation (PAGCOR).
How do I report illegal Pogo?
Residents may report through hotline 168 or directly in the mobile application Makatizen App.
Is Pogo under Pagcor?
State-run Philippine Amusement and Gaming Corp. (Pagcor) said its uncollected receivables from Philippine offshore gaming operation (POGO) was a result of intensive fight against illegal online gambling. In a statement, the government’s gaming regulator said the P1.