POGO?<\/strong><\/p>\nIn 2016, PAGCOR developed rules and regulations to allow Filipino gaming companies to operate online casinos that target players located in other countries \u2013 aka “offshore.” Many licensed POGO operators have brought in foreigners to work in capacities such as IT and customer service.<\/p>\n<\/div>\n
Tax money from such gambling has skyrocketed from its first year in 2016. Funds received by PAGCOR jumped from just $12 million in the inaugural year, to the $140 million haul in 2018.<\/p>\n
Finance Chair Angered<\/b><\/h2>\n
Domingo said the majority of foreign workers employed in POGO operations are Chinese. Offshore gaming sites primarily target China, and there’s a great need for operators to have employees who speak Mandarin.<\/p>\n
Dominguez III believes many of those internationals aren’t properly paying their taxes. He told the Philippine Daily Inquirer<\/i>, “I checked with the Bureau of Internal Revenue, and they said they don’t have a clue.”<\/p>\n\nIt’s so unfair that Filipinos doing the same kind of work pay tax,” he continued. “Why should foreigners not pay tax? That’s the law. All I want is fairness.”<\/p>\n<\/blockquote>\n
Along with immigrant workers allegedly not paying their taxes, many gaming dens aren’t obtaining the appropriate licenses from PAGCOR to operate offshore networks. More than 170 alleged\u00a0illegal internet gaming enterprises<\/a> have been raided by federal law enforcement agencies over the last two years.<\/p>\n","protected":false},"excerpt":{"rendered":"PAGCOR, the gaming regulator in the Philippines, says it’s properly governing offshore gaming operators after the country’s finance minister said the federal government is missing PHP3 billion ($57 million) monthly in taxes from foreign workers. The Philippines Gaming and Amusement Corporation released a statement this week that shows revenue generated by Philippine Offshore Gaming Operations […]<\/p>\n","protected":false},"author":25,"featured_media":100542,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,13592],"tags":[],"acf":[],"yoast_head":"\n
PAGCOR Defends Offshore Gaming After Missing Taxes Claims<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n