๐ต๐ญ ALL POGOs banned! โ ๏ธ Is this the end of gambling in the Philippines or just the beginning of underground operations โ๏ธ
๐ต๐ญ ALL POGOs banned! โ ๏ธ Is this the end of gambling in the Philippines or just the beginning of underground operations โ๏ธ
๐ President Ferdinand Marcos Jr. has officially banned all Philippine Offshore Gaming Operators (POGOs).
โก๏ธ Stay informed:
๐ค What are POGOs or Philippine Offshore Gaming Operators?
These are companies that provide online gambling services to clients outside of the Philippines. Despite generating substantial revenue, POGOs have also been linked to issues such as rising crime rates, money laundering, and the exploitation of vulnerable populations. This has led the Philippine government to consider a complete ban, driven by concerns about security and social stability.
๐ฆ
Here's what happened:
๐ Total Ban on POGOs: All offshore gaming activities must end by December 31, 2024.
๐ Lack of Security: Increase in crime rates linked to POGO activities! ๐
๐ Government Support: Programs planned for affected workers! ๐
๐ Crackdown on Illegality: Agencies mobilized to prevent illegal gambling! ๐ฎโโ๏ธ
๐ Strengthened Enforcement: Agencies intensify efforts against illegal gambling. ๐ต๏ธ
๐ Priority for National Security: The order addresses risks to public safety, economic integrity, and the country's reputation. ๐
As the country moves away from POGOs, focus is shifting to supporting displaced workers and ensuring a stable future for the gaming industry.
โช๏ธ Now the question remains. Will this ban mark a new chapter for the Philippines or lead to more clandestine operations?
#Philippines #POGOBan #GamingIndustry
โ๏ธ SurfGate โ direct provider: P2P y UPI Collect in ๐ฎ๐ณ, ACQ in Europe. Our web
Payments High Risk Newsletter
Join the newsletter to receive the latest updates in your inbox.