CEO Morning Brief

Philippines Orders Foreign Workers in Offshore Gaming Hubs to Leave in Two Months

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Publish date: Thu, 25 Jul 2024, 09:31 AM
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TheEdge CEO Morning Brief

MANILA (July 24): The Philippines has ordered foreigners working in offshore gambling firms to leave the country in two months' time, its immigration bureau said on Wednesday, following President Ferdinand Marcos Jr's decision to stamp out the operators.

Marcos has banned Philippine Offshore Gaming Operators (POGOs) for their alleged links to crimes, human trafficking and financial scams, and gave the gaming regulator until the end of the year to shut down these businesses.

Philippine immigration chief Norman Tansingco said in a statement foreign workers had 59 days to leave the country. Around 20,000 people are expected to be affected by the order, most of them Chinese citizens.

Workers who stay in the country beyond the two-month period will be deported, he added.

The Chinese embassy in Manila did not immediately respond to a request for comment.

POGOs emerged in 2016 and boomed in just a few years as companies capitalised on liberal laws to target customers in China, where gambling is banned.

At their peak, some 300 POGOs operated in the Philippines, but the coronavirus pandemic and tighter tax rules forced many to relocate or go underground. Only 42 mostly Chinese firms have kept their licences, directly and indirectly employing around 63,000 Filipino and foreign workers.

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Source: TheEdge - 25 Jul 2024

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