{"id":6584,"date":"2020-05-20T00:51:15","date_gmt":"2020-05-20T00:51:15","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=6584"},"modified":"2026-04-24T05:07:09","modified_gmt":"2026-04-24T08:07:09","slug":"pogos-recovery-philippines","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/pogos-recovery-philippines","title":{"rendered":"POGOs playing \u201csignificant role\u201d in economic recovery"},"content":{"rendered":"\n

Accredited Service Providers Association of PAGCOR say POGOs are contributing PHP94.7billion (US$1.87billion) to the local economy.<\/p>\n\n\n\n\n\n\n\n

Philippines: Philippines Offshore Gaming Operators (POGOs) are playing a “significant role” in the country’s economic recovery, according to an association of online casino operators.<\/p>\n\n\n\n

The Accredited Service Providers Association of PAGCOR (ASPAP) said that POGOs are contributing around PHP94.7billion (US$1.87billion) to the local economy.<\/p>\n\n\n\n

They estimate this figure could reach as much as PHP104billion (US$2.05billion) in contributions by the end of the year.<\/p>\n\n\n\n

In a statement, ASPAP spokeperson, Margarita Gutierrez, said: “PAGCOR<\/em><\/strong> says the annual collections from taxes and fees from POGOs should be around PHP34 billion (US$670 million).<\/p>\n\n\n\n

“Revenues which POGOs pump into the economy are way beyond the regulatory fees and taxes directly paid to the authorities.<\/p>\n\n\n\n

“We are committed to fully support the country\u2019s roadmap to economic recovery and we hope that all sectors will pour their efforts toward this goal.”<\/p>\n\n\n\n

Gutierrez also added that an estimated PHP33billion (US$650million) would be injected into the local economy by foreign POGO workers through their daily expenses.<\/p>\n\n\n\n

Earlier in May, an anti-POGO bill was filed by lawmakers<\/a><\/em><\/strong> in the Philippines to ban them from operating in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"

Accredited Service Providers Association of PAGCOR say POGOs are contributing PHP94.7billion (US$1.87billion) to the local economy.<\/p>\n","protected":false},"author":2,"featured_media":6585,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Accredited Service Providers Association of PAGCOR (ASPAP) asserts that Philippines Offshore Gaming Operators (POGOs) contribute significantly to the local economy, projecting PHP94.7 billion (US$1.87 billion) annually, potentially reaching PHP104 billion by year-end. This economic impact is highlighted amidst legislative efforts to ban POGOs, underscoring a critical regulatory and fiscal debate. The reported contributions extend beyond direct regulatory fees and taxes.","focusai_entities":"Accredited Service Providers Association of PAGCOR (ASPAP), PAGCOR, Margarita Gutierrez","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"POGO Ban Fiscal Impact","query":"What is the projected fiscal impact on the Philippine government's revenue streams, beyond direct taxes and fees, should the anti-POGO bill be enacted?"},{"label":"Economic Contribution Breakdown","query":"Can ASPAP provide a detailed breakdown of the PHP94.7 billion economic contribution, specifying direct employment, ancillary services, and infrastructure investment?"}],"footnotes":""},"categories":[161,163,158,16333],"tags":[128,15789],"class_list":["post-6584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-news","category-finance-news","category-slider-home","category-south-east-asia-news","tag-philippines","tag-pogos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6584","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=6584"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6584\/revisions"}],"predecessor-version":[{"id":777010514,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6584\/revisions\/777010514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/6585"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=6584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=6584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=6584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}