Tax payments from Philippine offshore gaming operators (POGOs) increased by 11.71 per cent year-on-year in 2020<\/em><\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Chairman Andrea Domingo blamed the Covid-19 pandemic and problems encountered by the offshore gaming operations for the decline.<\/p>\n","protected":false},"author":176,"featured_media":14066,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Pagcor reported a significant 60.4% decline in 2020 revenues to US$624m and an 83.3% drop in profits, marking its lowest performance in seven years, primarily attributed to the COVID-19 pandemic and issues within offshore gaming operations. Despite the overall downturn, tax contributions from Philippine Offshore Gaming Operators (POGOs) saw an 11.71% year-on-year increase.","focusai_entities":"Pagcor, Andrea Domingo, Philippine Amusement and Gaming Corp., Casino Filipino, Philippine offshore gaming operators (POGOs)","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.85), operator_casino (0.9), affiliate_publisher (0.7), marketing_crm (0.7), investor_analyst (0.98), supplier_vendor (0.85), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Pagcor Recovery Strategy?","query":"What specific operational and fiscal strategies is Pagcor implementing to accelerate revenue and profit recovery in the post-pandemic environment, particularly concerning its Casino Filipino brand and POGO oversight?"},{"label":"POGO Regulatory Evolution?","query":"Given the reported 'problems encountered by offshore gaming operations' and their contrasting tax contribution increase, what specific regulatory reforms or enforcement actions are anticipated for the POGO sector to ensure long-term stability and compliance?"}],"footnotes":""},"categories":[157,158,16333],"tags":[23907,405],"class_list":["post-14055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-slider-home","category-south-east-asia-news","tag-land-based-casino","tag-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=14055"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14055\/revisions"}],"predecessor-version":[{"id":14069,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14055\/revisions\/14069"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/14066"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=14055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=14055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=14055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}