NextGen Day

There are many factors that will influence whether the government decides to completely outlaw Philippine offshore gaming operators (POGOs).

Senator Sherwin Gatchalian stated that aside from a minor effect on employment and contribution to tax collection, they will legitimate their suggestion to remove POGO once the Committee on Ways and Means completes its report and concludes the hearings, which will begin Monday at 10 a.m.

“Ama ng Pangulo ng maraming good reasons, bibigyan namin. Una, given that foreign workers—mostly Chinese—make up 90% of domestic employment in POGO, it is not possible to say that this employment is kalakihan. Ikalawa, sa ating ekonomiya ang POGO sa ngayon walang epekto. We shall provide the President with a variety of compelling arguments. Maraming dahilan at nakalatag na sa ating. Since roughly 90% of POGO personnel are foreigners, primarily Chinese, very little domestic employment is produced by them. Second, as of right now, POGOs have no financial impact on us. In our committee report, we have a number of arguments,” Gatchalian said in a radio interview on Sunday.

According to Gatchalian, the majority of the 20,000 local workers who are expected to be laid off once POGOs are outlawed are information technology and customer service specialists who can find work in the business process outsourcing (BPO) sector.

In a prior interview, he stated that BPO and other long-term, sustainable foreign direct investments should be promoted instead of POGO.

However, matagal na siya ang BPO walang crime. Nearly 20 years have passed since that period in your neighborhood (BPO has no crimes, but it has a rich history). Nearly 20 years). We need the appropriate investment, he declared.

President Ferdinand R. Marcos Jr. stated during a press conference in Zurich, Switzerland on Friday that a ban could be implemented if it is decided that the continuous presence of POGOs is no longer worth it.

When it comes to POGOs, the problem is with the illicit ones, not the legitimate ones, according to Marcos, thus whether they should be banned or removed depends on the goal.

“You know those, ‘yung mga video na nakikita natin nagpapatayan na, ‘yun mga illegal ‘yun. The legal ones pay their bills and taxes. Indeed, what we are doing is unlawful. The films we watched that featured homicides are what we refer to as “illegal POGO” or “dineports” because they are both unlawful. We have so expelled some as a result. We closed down POGOs and expelled their employees.

Gatchalian stated that although Monday’s hearing would focus more on the third-party auditor of the Philippine Amusement and Gaming Corporation (PAGCOR) and the taxation of foreign employees, it would no longer have an impact on the committee report.

According to Gatchalian, the independent auditor should ensure that taxes are correctly collected.

“Walang mababago sa report of the committee. adding the finishing touches. Without or with hearing, I may offer advice. Ninety percent, indeed. Gusto lang namin mainig ang paliwanag ng PAGCOR (The committee report won’t be changed. There are only a few details left. We already have the suggestions, hearings or no hearings. Ninety percent of it is done. We merely need PAGCOR to provide an explanation,” Gatchalian added.

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