PAGCOR stands against online gaming ban

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PAGCOR stands against online gaming ban
PogoSherwin Gatchalian
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Philippine Amusement and Gaming Corp. (PAGCOR) is against bills seeking a total ban of online gaming sites, PAGCOR chair Alejandro Tengco said Tuesday at the Senate ways and means committee hearing tackling three proposals seeking to prohibit all forms of online gaming and betting.

POGO s employ about 130,000 Chinese nationals in the Philippines. Earlier, China urged the Philippines to ban online gaming, saying it could trigger crimes like money laundering. President Duterte has rejected the request, saying such ban would lead to job losses.MANILA, Philippines — Philippine Amusement and Gaming Corp.

“In these difficult times that everyone is facing today, I believe P40 billion is a big amount if we will forgo that said amount,” Tengco told the Senate panel. Instead of banning online games, Tengco hoped to regulate the online gaming sector and encourage illegal gaming sites to register with PAGCOR.

Sen. Sherwin Gatchalian said that he led the hearing to shed light on the possible social ills of online gaming, such as addiction to betting in casinos, slot machines, bingo and other forms of virtual numbers games. The number of Chinese vessels in Philippine waters has decreased notably, according to a Navy official who said the convening...

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