ban offshore gambling operations<\/a> into legislation as soon as possible. Speaking at a press conference, he said he expected a bill would be ready in two weeks.<\/p>\n\n\n\nThe Senate Committee on Ways and Means is considering consolidating Senate Bill Nos. 63, 1281, and 2752 with SBN 2689 filed by Gatchalian. The latter would revoke Republic Act No. 11590, which pertains to the taxation of offshore gaming operators.<\/p>\n\n\n\n
Gatchalian said: “We will clearly define what constitutes POGOs, what they are, and what businesses are associated with them, to institutionalise the ban. Regardless of who becomes President, POGOs will no longer be permitted because it will be established by law.”<\/p>\n\n\n\n
The term POGO is no longer used officially. When asked whether the law would include internet gaming licensees (IGLs), the new name for POGOS, the senator said the bill would “prohibit corporations from taking bets from outside. Therefore, we will ban offshore gaming operators and related taxation.<\/p>\n\n\n\n
He added: “IGL is not explicitly mentioned in the law; it is just a rebranding by PAGCOR. The law specifically refers to Philippine offshore gaming operations.”<\/p>\n\n\n\n
Gatchalian said senators are also looking into domestic e-gaming, which some senators also want to ban.<\/p>\n\n\n\n
“The revenue from e-gaming is growing, but we have also identified regulatory weaknesses. For example, it is very easy to open an account for e-gaming. Even if you provide a fake name, you can still open an account,” Gatchalian stated.<\/p>\n","protected":false},"excerpt":{"rendered":"
Gatchalian says the Senate is determined to pass a bill banning offshore gaming operators.<\/p>\n","protected":false},"author":176,"featured_media":21794,"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 Senate, led by Senator Sherwin Gatchalian, is expediting legislation to ban offshore gaming operators (POGOs\/IGLs), aiming to institutionalize President Marcos Jr.'s directive. This move involves consolidating several Senate bills and revoking Republic Act No. 11590, which currently governs POGO taxation. Additionally, senators are scrutinizing domestic e-gaming due to identified regulatory weaknesses, including lax account opening procedures.","focusai_entities":"Sherwin Gatchalian, Ferdinand Marcos Jr., PAGCOR, Senate, Senate Committee on Ways and Means","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.98), operator_casino (0.95), affiliate_publisher (0.75), tech_data (0.7), marketing_crm (0.7), payments_fraud_aml (0.95), investor_analyst (0.95), supplier_vendor (0.9), journalist_researcher (0.95)","focusai_suggestions":[{"label":"POGO Ban Timeline?","query":"What is the projected legislative timeline for the Senate's consolidation of bills and the revocation of Republic Act No. 11590, and when can the industry expect the ban on offshore gaming operators to be fully enacted?"},{"label":"Domestic E-gaming Impact?","query":"How will the identified regulatory weaknesses in domestic e-gaming, particularly concerning KYC\/AML, be addressed in the proposed legislation, and what new compliance obligations will this impose on local operators?"}],"footnotes":""},"categories":[154,158,16333],"tags":[23911],"class_list":["post-777019001","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"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019001","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=777019001"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019001\/revisions"}],"predecessor-version":[{"id":777019047,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019001\/revisions\/777019047"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21794"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777019001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777019001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777019001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}