Enacts Archives - Keno Wizard https://kenowizard.com/tag/enacts/ The Ultimate Keno Destination for Odds, Tips & Tricks Tue, 23 Jul 2024 12:56:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://i0.wp.com/kenowizard.com/wp-content/uploads/2023/02/cropped-keno-wizard-icon.png?fit=32%2C32&ssl=1 Enacts Archives - Keno Wizard https://kenowizard.com/tag/enacts/ 32 32 230792155 Philippines Enacts Full Ban on POGOs Amid Criminal Concerns https://kenowizard.com/2024/07/23/philippines-enacts-full-ban-on-pogos-amid-criminal-concerns/ https://kenowizard.com/2024/07/23/philippines-enacts-full-ban-on-pogos-amid-criminal-concerns/#respond Tue, 23 Jul 2024 12:56:02 +0000 https://kenowizard.com/2024/07/23/philippines-enacts-full-ban-on-pogos-amid-criminal-concerns/ President Ferdinand R. Marcos Jr., addressing the nation during his third State of the Nation Address (SONA), announced a resolute ban on Philippine Offshore Gaming Operators (POGOs). This move comes after escalating controversies linked to the sector, ranging from financial scams to violent crimes, have sparked widespread demands for action. Presidential Directive: Immediate POGO Ban [...]

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President-imposes-ban-on-POGOs-amid-snowballing-calls_President Ferdinand R. Marcos Jr., addressing the nation during his third State of the Nation Address (SONA), announced a resolute ban on Philippine Offshore Gaming Operators (POGOs). This move comes after escalating controversies linked to the sector, ranging from financial scams to violent crimes, have sparked widespread demands for action.

Presidential Directive: Immediate POGO Ban

Highlighting the gravity of the situation, President Marcos detailed an extensive list of crimes associated with POGOs, including money laundering, human trafficking, and even murder. “The grave abuse and disrespect of our system must stop. It is now imperative to stop this chaos that is wreaking havoc on our society and desecrating our country,” he declared, initiating an immediate nationwide ban. The announcement was met with robust applause and strong support from attendees, reflecting the public’s growing unease with the offshore gaming sector.

Economic Impact and Policy Support

Key economic leaders, including Finance Secretary Ralph Recto and NEDA Secretary Arsenio Balisacan, have endorsed the ban, stressing that the minimal economic contributions of POGOs do not justify the severe social and reputational damages they cause.

Balisacan pointed out that the sector contributed less than half a percent to the GDP in 2022, a small price to pay for mitigating broader economic and social risks. He emphasized the potential regulation of cross-border tourism by China as a significant factor, which could lead to more profound economic repercussions if POGOs were allowed to continue.

Legislative and Social Repercussions

Following the President’s directive, the Philippine Amusement and Gaming Corporation (Pagcor) has been instructed to shut down all POGO operations by the end of the year. Additionally, the Department of Labor and Employment is tasked with facilitating support for the nearly 40,000 workers expected to be displaced by this decision. Legislative leaders, including House Speaker Martin Romualdez, have pledged swift action to implement the necessary legislative changes to enforce this ban effectively.

Controversies and Legal Challenges

The push for a POGO ban gained momentum following several high-profile incidents, including raids on operations like CGC Technologies, which were found engaging in illegal activities far beyond their gaming remit. The industry’s linkage to a series of grave offenses prompted both chambers of Congress to delve deeper into these illicit activities, further fueling the call for a total shutdown.

Looking Forward

The decision to ban POGOs represents a significant shift in policy direction, prioritizing societal well-being and national security over economic gains from questionable industries. As the country moves forward, the focus will likely shift towards strengthening industries that offer more sustainable and respectable contributions to the economy and society.

Source:

President imposes ban on POGOs amid snowballing calls, pna.gov.ph, July 22, 2024.

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