In a surprising turn of events, the Philippine Amusement and Gaming Corporation (Pagcor) has come out strongly against the proposed ban on online gambling in the country. The CEO of Pagcor, Andrea Domingo, spoke out about the issue in a recent interview with GGRAsia, a leading source of news and information about the gaming industry in Asia.
Domingo began by acknowledging the concerns that have been raised about the proliferation of online gambling in the Philippines. She cited reports of underage individuals participating in online gambling activities and the potential for money laundering and other criminal activities to occur through online gaming platforms. However, she argued that the solution to these issues is not to ban online gambling altogether.
Instead, Domingo proposed implementing stricter regulations and enforcement measures to address the problems associated with online gambling. She emphasized the importance of responsible gaming practices and protecting consumers from potential harm. Domingo also highlighted the economic benefits of the online gambling industry, pointing out that it has been a significant source of revenue for the Philippines and has helped to create jobs and stimulate economic growth.
Domingo’s stance on online gambling comes at a time when there is a growing debate within the Philippine government about the future of the industry. Some lawmakers have called for a ban on online gambling, citing concerns about its negative social impacts. However, others have argued that a ban would be counterproductive and could drive the industry underground, making it more difficult to regulate and control.
In her interview with GGRAsia, Domingo made it clear that Pagcor is firmly against a ban on online gambling and will continue to support the industry as long as it operates within the confines of the law. She stressed the importance of striking a balance between promoting the economic benefits of online gambling and ensuring that it is conducted in a safe and responsible manner.
Domingo’s remarks have sparked a lively debate within the gaming industry and among policymakers in the Philippines. It remains to be seen how the government will ultimately respond to the issue of online gambling, but Pagcor’s position is sure to be a key factor in shaping the future of the industry in the country. As the debate continues, GGRAsia will continue to provide updates and analysis on this important issue.
