In a recent congressional hearing, lawmakers were visibly baffled when PAGCOR Chairman Alejandro Tengco explained that the agency “has no power to close illegal sites”, and could only flag them for enforcement by other government bodies.
Read MoreNo New “Online Gaming Tax” Needed: Philippine Online Gaming Already Pays Substantial Government Fees
The truth? Philippine-licensed online gaming companies are among the most heavily taxed in the world, with total government take approaching 35% of gross gaming revenue — before profit, and before payroll, withholding, and other business taxes. Meanwhile, illegal operators (who…
Read MoreWhat we need is not prohibition, but smart regulation—regulation that is enforced, adaptive, and grounded in reality. We’ve made significant progress in building a legal and transparent system that works. The growth of regulated platforms reflects migration from the grey…
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