• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Saturday 15 November 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Department of Finance orders closure of all POGOs found to be withholding tax

Newsdesk by Newsdesk
Mon 16 Sep 2019 at 15:04
PAGCOR reveals substantial POGO revenue rise in 2018 as enforcement role defended
27
SHARES
425
VIEWS
Print Friendly, PDF & Email

The Philippines Department of Finance (DoF) is making good on its promise to crack down on Philippine Offshore Gaming Operators (POGOs) after ordering the Bureau of Internal Revenue (BIR) to immediately shut down any operators found not to be paying their taxes.

Finance Secretary Carlos Dominguez III issued the order on Sunday in response to a recent BIR report highlighting the slow pace of POGO tax collections, despite having issued 130 notices related to tax liabilities totaling Php21.62 billion.

According to the DoF, Dominguez pushed the idea of shutting down those online operators who failed to pay their taxes during a Friday meeting with members of an interagency task force monitoring the entry of foreign workers into the country.

“Why don’t we start closing them down so they will answer these assessments?” he said. “Those who don’t pay or respond to your assessments, clamp them down.”

Dominguez has also instructed the BIR to ensure POGOs pay tax liabilities for each individual worker, rejecting any potential for lump sum payments in lieu of arrears obligations.

“The collection should be per individual,” the Finance chief said. “You force the issue and you bring them to court … close them down,” he said.

In response, BIR deputy commissioner Arnel Guballa has requested the assistance of the Department of Labor and Employment (DOLE), the Bureau of Immigration (BI) and gaming regulator PAGCOR in shutting down errant POGOs.

Despite some POGOs still withholding payments, tax revenue from the segment has soared in 2019 with Guballa revealing the BIR has so far collected Php1.4 billion from POGOs through August – already 242% more than the Php579 million collected in all of 2018.

RelatedPosts

Okada Manila celebrates fifth consecutive Forbes 5-Star rating

Japan’s Universal Entertainment Corp hoping hotel room upgrades, return of marketing chief Shirley Tam can reverse Okada Manila fortunes

Fri 14 Nov 2025 at 05:34
PAGCOR chair Tengco says transactions on licensed online gambling sites down 50% since ban on e-wallet links

Century Entertainment issues positive profit alert on growth of new Philippines gaming business, deal with former shareholder

Fri 14 Nov 2025 at 05:29
Philippine esports identity bringing content creator community together to exclusively promote PAGCOR-licensed iGaming sites

Philippine esports identity bringing content creator community together to exclusively promote PAGCOR-licensed iGaming sites

Thu 13 Nov 2025 at 14:17
Robinsons to invest more than US$178 million into new hotel developments, mostly at NUSTAR Resort & Casino

NUSTAR inks deal with Cebu Pacific to offer perks for travellers arriving at IR

Thu 13 Nov 2025 at 04:29
Load More
Tags: Bureau of Internal Revenuedepartment of financeFinance Secretary Carlos Dominguez IIIPhilippine Offshore Gaming OperatorsPhilippinesPOGOstax
Share17Share1
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Careful what you wish for

Editorial – Careful what you wish for

by Ben Blaschke
Tue 11 Nov 2025 at 17:28

The shock withdrawal of MGM Resorts from the New York casino licensing bid highlights the challenges faced by jurisdictions globally...

2025 Asian Gaming Power 50: Ones To Watch

The 2025 Asian Gaming Power 50

by Andrew W Scott
Tue 11 Nov 2025 at 17:21

Long established as the definitive list of the most influential figures and personalities in the regional industry, IAG’s Asian Gaming...

2025 Asian Gaming Power 50: Meet the panel

2025 Asian Gaming Power 50: Meet the panel

by Newsdesk
Tue 11 Nov 2025 at 17:01

IAG introduces the nine members of the judging panel who have determined this year’s Asian Gaming Power 50 list. Andrew...

2025 Asian Gaming Power 50: Ones To Watch

2025 Asian Gaming Power 50 List

by Newsdesk
Tue 11 Nov 2025 at 16:44

RANK POWER SCORE NAME TITLE ORGANIZATION 1 6,045 FRANCIS LUI CHAIRMAN Galaxy Entertainment Group 2 5,843 PANSY HO CHAIRPERSON AND...

Evolution Asia
Dolby banner
Aristocrat banner
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
568Win

Related Posts

Genting in Macau … Why? How? (Part 2 of 2)

Independent advisor recommends Genting Malaysia reject parent’s takeover offer as analyst warns substantially increased offer price likely unachievable

by Ben Blaschke
Fri 14 Nov 2025 at 14:39

The independent advisor appointed by Genting Malaysia to review the voluntary takeover offer put forward by its parent Genting Berhad has recommended the company reject the offer, with analysts suggesting a full takeover may be difficult to achieve given financial...

Light & Wonder completes sole ASX listing

Light & Wonder completes sole ASX listing

by Ben Blaschke
Fri 14 Nov 2025 at 11:36

Global gaming supplier Light & Wonder has completed its transition from a dual listing to a sole listing on the Australian Securities Exchange. The company confirmed to Inside Asian Gaming that its last day of listing on the Nasdaq was...

Okada Manila celebrates fifth consecutive Forbes 5-Star rating

Japan’s Universal Entertainment Corp hoping hotel room upgrades, return of marketing chief Shirley Tam can reverse Okada Manila fortunes

by Ben Blaschke
Fri 14 Nov 2025 at 05:34

Universal Entertainment Corp (UEC), the parent company of Okada Manila, has pointed to the recent return of marketing executive Shirley Tam and renovation works of some hotel rooms at the Philippines integrated resort as key initiatives in efforts to reverse...

Genting Malaysia misses 4Q24 estimates, slashes dividends as rising costs hurt profitability

Genting Bhd’s takeover offer for Genting Malaysia becomes mandatory as shareholding moves above 57%

by Ben Blaschke
Fri 14 Nov 2025 at 05:31

Genting Bhd’s unconditional voluntary take-over offer to acquire all shares in subsidiary Genting Malaysia that it doesn’t already own has become an unconditional mandatory take-over offer after it crossed the threshold for shares acquired on the open market. The company...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文
  • 日本語

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English
  • 日本語