{"id":777018396,"date":"2024-08-22T09:40:12","date_gmt":"2024-08-22T12:40:12","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777018396"},"modified":"2026-04-22T06:53:08","modified_gmt":"2026-04-22T09:53:08","slug":"philippine-budget-secretary-dismisses-proposal-to-regulate-e-sabong","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/philippine-budget-secretary-dismisses-proposal-to-regulate-e-sabong","title":{"rendered":"Philippine budget secretary dismisses proposal to regulate e-sabong"},"content":{"rendered":"\n<p>Amenah Pangandaman said improved efficiency could make up for the loss of revenue from offshore gaming operators.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.- Budget secretary <strong>Amenah Pangandaman<\/strong> has dismissed the idea of bringing back online cockfighting (also known as e-sabong) to make up for lost revenues from <a href=\"https:\/\/focusgn.com\/asia-pacific\/philippine-president-orders-ban-on-offshore-gaming-operators\" target=\"_blank\" rel=\"noreferrer noopener\">the ban on offshore gaming operators<\/a>. She said such a move would not be necessary and that efficient government operations and improved tax collection could compensate for revenue loss.<\/p>\n\n\n\n<p>According to a study by the Department of Finance (DOF) and the National Economic and Development Authority (NEDA), the Philippine government will lose PHP7bn in revenue due to the closure of offshore gaming operators. Pangandaman said the government is progressing towards its goal of reducing the budget deficit to 3.7 per cent by 2028 and that the overall health of the Philippine economy is good.<\/p>\n\n\n\n<p>Senator\u00a0<strong>Joel Villanueva <\/strong>has also opposed the idea of <a href=\"https:\/\/focusgn.com\/asia-pacific\/philippine-senator-opposes-e-sabong-regulation\" target=\"_blank\" rel=\"noreferrer noopener\">regulating e-sabong in the country<\/a> arguing the social costs outweigh any potential benefits. The idea had been proposed by house deputy speaker\u00a0<strong>Jay-jay Suarez<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amenah Pangandaman said improved efficiency could make up for the loss of revenue from offshore gaming operators.<\/p>\n","protected":false},"author":176,"featured_media":21186,"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 Philippine Budget Secretary, Amenah Pangandaman, has rejected the proposal to reintroduce online cockfighting (e-sabong) as a means to offset the PHP7bn revenue loss from the ban on offshore gaming operators (POGOs). She asserts that enhanced government efficiency and improved tax collection will adequately compensate for the revenue deficit, aligning with the nation's goal to reduce its budget deficit by 2028. Senator Joel Villanueva also opposes e-sabong, citing social costs outweighing potential fiscal benefits.","focusai_entities":"Amenah Pangandaman, Department of Finance (DOF), National Economic and Development Authority (NEDA), Joel Villanueva, Jay-jay Suarez","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.9), operator_casino (0.9), payments_fraud_aml (0.8), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"POGO Ban Fiscal Impact?","query":"What specific government efficiency improvements and enhanced tax collection measures are being implemented to fully offset the PHP7bn revenue loss from the POGO ban, and what is the projected timeline for achieving this fiscal neutrality?"},{"label":"E-Sabong Regulatory Future?","query":"Given the ongoing debate, what are the precise social costs cited by opponents of e-sabong, and what specific governance frameworks or regulatory compliance mechanisms would be required to mitigate these concerns if a future re-evaluation were to occur?"}],"footnotes":""},"categories":[154,158,16333],"tags":[23911,4138],"class_list":["post-777018396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-news","category-slider-home","category-south-east-asia-news","tag-gambling-regulation","tag-online-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018396","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=777018396"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018396\/revisions"}],"predecessor-version":[{"id":777018416,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018396\/revisions\/777018416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21186"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777018396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777018396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777018396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}