The Philippine Amusement and Gaming Corporation (PAGCOR) recently announced that the Philippines will completely ban the Philippine Offshore Gaming Operators (POGO) industry by the end of 2024.
This marks the imminent end of the industry's legal presence in the Philippines.
Alejandro Tengco, Chairman of PAGCOR, revealed at the Stratbase ADR Institute forum that since his appointment in 2022, he has been continuously cracking down on POGOs involved in illegal activities.
He noted that initially there were 298 online gaming centers in the Philippines, which, after rectification, had been reduced to 13 by November 30, 2023, and all will be closed by December 15.
Tengco stated: "By January 1, 2025, all POGOs still in operation will be considered illegal, as their licenses will have been revoked."
Tengco added that although PAGCOR is responsible for issuing and managing gaming licenses, law enforcement actions are led by relevant law enforcement agencies. He emphasized that PAGCOR does not have law enforcement authority, but will cooperate with government departments to ensure strict enforcement of the ban.
The introduction of this ban aims to address social issues brought by the POGO industry, including illegal activities, crime, and threats to public safety. PAGCOR has significantly reduced the number of licensed POGOs over the past year, ensuring that the closure process is legal and transparent.
The ban has raised concerns about its impact on the economy and employment. However, Tengco reiterated that this move is in the national interest and will help enhance the Philippines' international image and improve the investment environment.
PAGCOR's crackdown has set a benchmark for governing the gaming industry, and the specific effects of the future ban remain to be observed.
