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Tag: pogos

  • Marcos orders total ban on POGOs

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    PRESIDENT Ferdinand R. Marcos, Jr. on Monday announced a total ban on all offshore gaming operations in the Philippines, saying these have been linked to illegal activities including money laundering and financial scams.

  • PCCI warns sudden, haphazard closure of POGOs may lead to ‘massive’ job losses

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    admin

    THE PHILIPPINE Chamber of Commerce and Industry (PCCI) warned that the sudden closure of Philippine Offshore Gaming Operators (POGOs) in the country could cause “massive” job losses and adversely impact the property and financial sectors. “While PCCI supports the stoppage of POGO operations in the Philippines, it cautioned against a…

  • POGOs complicate Philippine effort to exit FATF’s ‘gray list’

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    admin

    THE STRONG PRESENCE of offshore gambling operators complicates the Philippines’ efforts against dirty money and does not bode well for its ambition to become an investment hub, economists warned.