Senator Joseph Victor “JV” Ejercito on Thursday, March 23 said he did not sign the committee report submitted by the Senate Committee on Ways and Means since it calls for an “abrupt” closure of all POGOs in the country. ManilaBulletin
Ejercito explained immediately banning the operations of POGOs could send the wrong message to investors keen on doing business in the Philippines.
Republic Act No. 11590, also known as An Act Taxing Philippine Offshore Gaming Operations was signed in Sept. 22, 2021 by then President Rodrigo Duterte. Ejercito said he proposed a graduated phaseout period for POGOs so it would not affect the country’s business climate. It became a chairman’s report, and not a committee report, after it failed to get the signature of the majority of the members of the panel.
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