Are PIGOs the Next POGOs?
The Philippines recently shut down its offshore gaming industry. Known as POGOs (Philippine Offshore Gaming Operators), these businesses were linked to crime, corruption, and unpaid taxes. Now, the government is turning its attention to another part of the industry—PIGOs (Philippine Inland Gaming Operators). Senate President Francis Escudero is calling for a closer look at these land-based operators. Could PIGOs be the next POGOs?
POGOs did bring in money
POGOs brought in big money but also big problems. They catered mostly to players outside the Philippines. Many operated in the shadows, leading to issues with illegal activities. When the government finally banned them, the decision was widely supported. But some fear that PIGOs could cause similar troubles. These inland operators allow Filipino residents to gamble online. Unlike POGOs, they serve local players, but are they truly safer?
The Philippines introduced PIGOs in 2020, allowing brick-and-mortar casinos to offer online gambling. The goal was to boost revenue during the pandemic. But Escudero and others worry that PIGOs might be just as risky as POGOs. Could they lead to problem gambling? Are they paying the right taxes? And do they have enough regulation? These are the key questions now being raised.
They have similarities
The comparison between POGOs and PIGOs makes sense. Both operate in the online space. Both involve large sums of money. And both need strict oversight to prevent fraud and crime. If bad actors could exploit POGOs, what’s stopping them from doing the same with PIGOs?
Escudero’s call for a review suggests that changes could be coming. The Philippines wants a strong, responsible gaming industry. But if PIGOs turn into a repeat of POGOs, they could face the same fate—banned and shut down. For now, the future of PIGOs remains uncertain. The government must decide if they are part of the problem or part of the solution.