The Philippines government threatens to prosecute illegal online gambling. And it also warns its citizens to avoid engaging in online gambling activities. It is due to pointing a link between illegal gambling and organized crime.
According to best online casino games sources, the Philippine Amusement and Gaming Corporation (PAGCOR), posts a statement on its website. The report is for reminding its people that all gambling on the internet is illegal.
Information Regarding Illegal Online Gambling Operations
PAGCOR has received information that certain persons are organizing illegal online gambling operations. In which these people are using Facebook to promote such unlawful activities. And it includes online casino games such as bingo and online gambling as well.
Besides, the regulator warns the public not to patronize such schemes. It is due to the risk and their account being compromised. These risks include but not limited to, scams, identity theft, and credit card fraud. And betting on such illegal gambling activities is as well as a crime.
The agency added that the government would prosecute persons who disregard the warning—explaining that these activities have a secure link to organized crimes.
Offshore Gaming Operations
While the government bans its people from gambling online, the Philippines is one of the world’s richest hub of online casinos. The Philippine Offshore Gaming Operators (POGOs) becomes a massive tax generator for Philippines President Rodrigo Duterte.
POGOs predominantly cater to players who are in China, where it prohibits all forms of gambling. But it is except for the state-run Welfare Lottery.
As per sports news, the COVID-19 pandemic halts sports, travel, and leisure, including casinos throughout Asia. It results in many gamblers turn to online gambling sites. Although, Chinese authorities arrest more than 11,500 people, where they suspect to engage in a cross-border gambling enterprise. The operations took in $32.3 billion in bets.
PAGCOR says only those who hold a license to conduct online gambling are permitted to run an internet gaming site. Sixty entities currently hold POGO licenses in the Philippines.