Philippines

Philippines considers taxing POGOs with 5%

The Philippines Representative Joey Salceda filled a new bill in the House of Representatives proposing a new 5% tax on the revenue generated by the Philippines Offshore Gaming Operators (POGOs) and their service providers register as resident corporations. The bill also sets out a $10,000 monthly tax on table games, and a $5,000 monthly fee levied on random number generator (RNG) based games such as … Continue

China urges Philippines to ban online gambling

China wants the Philippines to ban online gaming to support its crackdown on cross-border gambling, which it said foreign criminals had used to embezzle funds and illegally recruit workers. The Philippine gaming regulator has banned licenses for new online gaming firms, as lawmakers and some ministers have called for tighter controls on Chinese visitors, saying many are illegal workers whose presence fans security concerns. Although … Continue

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