THE Philippine Amusement and Gaming Corporation (PAGCOR) has clarified a report that it unsuccessful to gather PHP1.4 billion in tax from offshore gambling operators, stating the fantastic volume was owing to its initiatives to clampdown on unlawful websites.
The Fee on Audit (COA) in a recent report mentioned the regulator experienced been unable to accumulate past due receivables.
PAGCOR claimed those people receivables ended up the item of its “intensive fight versus unlawful online gambling and its overzealousness to maximize collections for governing administration coffers.”
For the several years 2018, 2019 and 2020, PAGCOR intensified its regulatory attempts by conducting investigate and carrying out investigations on undeclared internet sites, video games and functions which are supposedly joined to the agency’s POGO Licensees, it reported.
PAGCOR located quite a few internet websites which surface to be mirrors of the declared sites of its operators as they contain their online games, with some even that contains their models or logos.
The regulator stated it has billed the licensees, centered on the common money performance of the declared internet site. However, its licensees have protested the expenses, stating that the mirror internet sites are remaining run by unlawful operators, who are thieving their are living streams.
Some of the promises have been solved and some are nevertheless going through validation, it reported.