Search Results
478 items found for ""
- House Panel Pushes for Harry Roque's Surrender, Cites Urgency
Rep. Barbers: Roque’s contempt order can be lifted with cooperation in POGO probe. The House of Representatives has indicated that the contempt order against former presidential spokesperson Harry Roque can be lifted if he cooperates with the ongoing investigation into illegal activities linked to Philippine offshore gaming operators (POGOs). Surigao del Norte 2nd District Representative Robert Ace Barbers made this announcement during an online briefing on Wednesday. Barbers emphasized the importance of Roque’s participation in the hearings. He was quoted as saying in a report published by the Inquirer , “Well, very simple ang aming panawagan sa kanya, marami naman siyang kaibigan dito sa Kongreso and we just want him to be cooperative with the members of the quad, so that makatulong din siya sa ferreting out of the truth.” (Well, our appeal to him is very simple; he has many friends here in Congress, and we just want him to be cooperative with the members of the quad so that he can help in ferreting out the truth.) The quad committee is investigating Lucky South 99, a POGO firm that was raided on June 4, 2024 due to allegations of human trafficking. During this raid, documents with Roque’s signature were reportedly discovered. The committee believes that Roque’s cooperation could shed light on the matter, especially since he has ties to individuals involved in the Pogo operations. Roque acknowledged that he accompanied Cassandra Ong , an incorporator of Whirlwind Corporation—which leased land to Lucky South 99—to settle fees with the Philippine Amusement and Gaming Corporation (PAGCOR). However, he has maintained that he was not acting as a lawyer for the POGO firm. Barbers reiterated that Roque’s cooperation is key to resolving the situation. “If in these documents that we require of him will prove that he has no participation or any involvement in these illegal Pogo operations of Lucky South 99, then we would be more than willing to perhaps mend ways with Atty. Harry Roque,” he said. The contempt order against Roque was issued after he failed to appear at hearings on September 12 and did not comply with a subpoena requiring him to submit important documents, including his Statement of Assets, Liabilities, and Net Worth (SALN) and tax declarations for his companies. Barbers explained, “Well, once he appears before the committee and submits all these documents required of him, we will definitely lift the contempt order against him.” Roque had previously promised to submit the necessary documents, which is why he was initially cited for contempt. His failure to do so during subsequent hearings has led to the current situation. “In fact, he appeared before the quad committee hearings twice — so, we’re just surprised that on the third, fourth, fifth, sixth and seventh time, he did not appear and he did not submit the documents,” Barbers added. As a result of the contempt order, an arrest warrant has been issued, and the Philippine National Police (PNP) has been tasked with locating Roque. However, Roque maintains that he is not a fugitive. In a video posted on his Facebook page on September 16, he stated that it is merely a branch of Congress that made the declaration against him. He asserted that he would not allow himself to be arrested until the Supreme Court rules on the matter. The Supreme Court recently denied Roque’s request for a writ of amparo , concluding that his appeal was not a suitable remedy against the congressional contempt and detention orders. This denial adds further complexity to Roque’s legal situation. In a joint statement, Laguna Rep. Dan Fernandez and Robert Ace Barbers said that with the Supreme Court decision, Roque should simply face the music and respond to allegations revolving around his supposed ties to illegal POGOs. “Just surrender, Attorney Roque,” Fernandez said. “This is not the time to be evasive. He should not hide behind technicalities or writs that have no legal basis.” Barbers echoed this sentiment by saying: “If he is not hiding anything, then why go into hiding? The public deserves to know the truth.” “If he believes he is innocent, he should welcome the opportunity to clear his name in a proper legal forum. Trying to escape through technicalities only raises more suspicions,” Barbers pointed out.
- Senators Urge Stricter Vetting to Avoid Candidates Like Alice Guo
Senators urge voter vigilance for the 2025 elections, concerned candidates like Alice Guo could be elected despite ongoing legal issues. Senators called for heightened vigilance among voters as the Philippines gears up for the 2025 mid-term elections. The focus of their concerns centers around the possibility of candidates like Alice Guo, the dismissed mayor of Bamban, Tarlac, being elected to public office despite her ongoing legal troubles. Senate President Francis “Chiz” Escudero stressed the importance of public awareness in ensuring that unqualified candidates do not gain office. He highlighted the role of the Commission on Elections (Comelec), In a press briefing on October 2, 2024, Escudero was quoted as saying by the PNA , “May posibilidad pa rin yun. Trabaho nating lahat na maging mapagmatyag at tiyakin na hindi sana mangyari yun. At kung mangyayari man, agad mahuhuli.” (There is still that possibility. It is everyone’s job to be vigilant and ensure that this does not happen. And if it does, it will be caught immediately.) Escudero outlined the qualifications needed to run for public office. He noted that a candidate can be disqualified if they do not meet certain criteria, including citizenship, age, residency, voter registration, and literacy. “Lima ang qualifications. Kung hindi mo taglay ang isa sa lima, pwede kang ipa-disqualify bilang isang kandidato,” he explained. (There are five qualifications. If you don’t qualify even in just one out of the five, you can be disqualified as a candidate.) He further clarified that if a candidate, such as Guo, is proclaimed by the Comelec but later found to be unqualified or in violation of the law, a quo warranto can be issued to challenge their eligibility. Escudero urged citizens to provide relevant information regarding any deficiencies in candidates’ qualifications, emphasizing the collaborative effort needed to maintain the integrity of the electoral process. Senate Majority Leader Francis Tolentino echoed this sentiment, stating that public involvement is crucial. “That’s why the Comelec should be vigilant as well. While their function is ministerial to accept COCs, the general public and the intelligence community should assist,” Tolentino noted in a message to reporters. Senate Minority Leader Aquilino Pimentel III dismissed concerns over the potential election of a foreign national like Guo, who is currently facing accusations related to her citizenship status. “There are remedies too after the fact of election. As seen in the Alice Guo case. It is not worth it, as these unqualified persons stand to lose everything. Hence let’s not be too worried about it,” Pimentel said, adding that vigilance is necessary but panic is unwarranted. “There is a need to be vigilant, but no need to panic,” he stressed. Senator Grace Poe framed the ongoing filing of Certificates of Candidacy (COCs) as a crucial moment to filter out “illegal and undesirable individuals” from the electoral process. She emphasized the need for the Comelec to meticulously examine candidates’ documents and qualifications. “At the onset, Comelec should be able to screen stringently the aspirant’s documents and qualifications, such as the most basic requirement whether he or she is a Filipino,” Poe stated. “Concerned agencies should be vigilant and see to it that we don’t have another Alice Guo in our midst.” The Comelec has faced criticism for its inability to pre-evaluate or reject COCs, even in cases involving candidates with multiple legal issues, such as Guo. Spokesperson John Rex Laudiangco acknowledged this limitation, saying that while they cannot deny COCs upfront, a petition for cancellation or disqualification can be filed if a final decision is reached in any of Guo’s pending cases. In response to Guo’s situation, the Bureau of Jail Management and Penology (BJMP) affirmed its commitment to follow Comelec rules regarding her candidacy. BJMP spokesperson Jail Supt. Jayrex Bustinera explained, “The guidance from the Comelec is if she allowed to file and a court order has allowed her to file, we will follow.” He clarified that their primary responsibility is to ensure Guo’s safety during this process. “We will escort her if the court allows her to personally file her COC. But if she asks a representative to do it, it would be much better,” Bustinera added. Guo is currently detained at the Pasig City Jail Female Dormitory alongside 43 other inmates. The call for vigilance from senators highlights the need for a thorough vetting process to ensure that only qualified candidates are allowed to run for office, thereby preserving the integrity of the electoral system in the Philippines.
- JP Morgan: Thai Legal Casino Sector Could Boost GDP by 1%
Thailand aims to legalize casinos to formalize its underground economy, potentially boosting GDP by 0.3-1% and tax revenue by 0.4-1.25%, according to JP Morgan. Thailand is positioning itself to enter the world of legalized casinos as part of a broader strategy to formalize its significant underground economy, which is estimated to make up as much as 50% of the country’s gross domestic product (GDP). A recent report from JP Morgan indicates that establishing legal casinos could potentially increase the GDP by 0.3 to 1 percent and boost tax revenues by 0.4 percent to 1.25 percent. The push for casinos has gained momentum under Prime Minister Paetongtarn Shinawatra. Initially, the concept was absent from former Prime Minister Srettha Thavisin’s policy agenda when he took office in September 2023. However, it has now emerged as an urgent priority. This shift is part of the proposed “ Entertainment Complex (EC) Bill ,” which aims to integrate casinos into Thailand’s economic framework. JP Morgan’s report, as cited by GGRAsia , underscores the government’s goal to expand the tax base by legalizing activities currently relegated to the underground economy, which reportedly includes around 0.6 percent derived from on-site gambling. Legalizing casinos aims to attract more foreign tourists and encourage foreign direct investment, a crucial component of Thailand’s economic growth strategy. The draft legislation for legal casinos has already completed the public hearing process and is expected to be presented for parliamentary discussion later this year. If all goes according to plan, commercial operations could commence as early as 2032 or 2033. JP Morgan also analyzed potential casino locations, identifying eight possible sites, with four in greater Bangkok and four others spread across the country. The banking group estimated that casinos in Bangkok alone could generate between US$1.5 billion and US$5 billion in revenue. This revenue could yield an earnings before interest, tax, depreciation, and amortization (EBITDA) ranging from US$400 million to US$1.5 billion, with an internal rate of return between 12 percent and 29 percent. The potential for a legal casino sector in Thailand has attracted interest from various global and regional operators. Six organizations have expressed enthusiasm about entering the Thai market. Notably, the Royal Turf Club of Thailand plans to invest THB 200 billion (approximately US$6.21 billion) in a large-scale entertainment complex, potentially collaborating with the Royal Sports Complex and other foreign partners. Several major casino operators are also eyeing opportunities in Thailand. Galaxy Entertainment Group Ltd, a prominent player in Macau, has shown interest, along with Hard Rock International. Edward Tracy, president of Hard Rock Asia, has stated that the company is “absolutely interested” in entering the Thai market. Las Vegas Sands Corp, which operates Sands China Ltd in Macau, is another major contender. Chairman and CEO Robert Goldstein has confirmed the company’s keen interest in establishing a presence in Thailand. Similarly, MGM Resorts Internationa l , through its Macau-based entity MGM China Holdings Ltd, is planning a feasibility study to explore casino opportunities in Thailand. Wynn Resorts Ltd is also actively considering options, with chairman and CEO Craig Billings announcing their interest in entering the Thai casino market. Investment bank Morgan Stanley has weighed in on the potential economic impact of a legalized casino industry, estimating it could generate annual gross gaming revenue (GGR) of between US$4 billion and US$6 billion. This projection highlights the significant financial implications of integrating casinos into Thailand’s economy. The prospect of legal casinos has sparked a range of opinions among the public and policymakers. Proponents argue that casinos could provide a much-needed boost to the economy, increase tourism, and create jobs. Critics, however, express concerns over potential social issues related to gambling addiction and the impact on local communities. As Thailand moves closer to the potential legalization of casinos, the focus will be on how the government balances economic growth with social responsibility. The upcoming parliamentary discussions will be critical in shaping the future of the casino industry in Thailand.
- Has the POGO Ban Impacted PH’s Appeal as an Investment Hub?
POGO ban raises questions about the Philippines' investment appeal. ACN interviews industry experts at SPiCE Philippines 2024 who share insights on the impact. The Philippine Offshore Gaming Operators (POGO) sector has recently faced intense scrutiny, culminating in a total ban by the government. This decision raises critical questions about the Philippines future as an investment hub. To gain insights on this issue, Asia Casino News (ACN) conducted interviews with key figures in the gaming industry during the 3rd Annual SPiCE Philippines event held at Shangri-La Mactan in Cebu from September 17-19, 2024. Their perspectives provide a nuanced understanding of the impact of the POGO ban on investment potential in the country. Understanding the POGO Ban The POGO ban was announced during President Ferdinand Marcos Jr.’s 2024 State of the Nation address. It aims to curtail illegal operations that have plagued the sector, including human trafficking and scams disguised as gaming activities. Joe Pisano , CEO of Jade Entertainment and Gaming Technologies , noted, “Unfortunately, a few bad actors destroyed that industry. It affected a number of very good companies. This has affected not only the operators but it has also affected some of the special class BPOs that are servicing offshore companies in the US and the UK.” He emphasized that the ban targets illegal operators rather than harming the entire gaming industry. Continued Investment Confidence Despite the challenges posed by the POGO ban, industry leaders remain optimistic about the Philippines as an investment destination. Akili Polee , CEO of DeFiX Solutions LTD , highlighted the importance of allowing local operators to compete. Polee believes that redirecting funds from the banned POGO sector towards local enterprises could stimulate economic growth. “Absolutely, if the government allows these small operators to compete. If they allow small operators to come in and compete, that’s when things could flourish for the country. Because you’re talking about getting rid of a quarter million employees that came from China. “If you use those funds and give that money to new operators from the Philippines, that’s new funding and salaries to people who need them in the country. That’s where you will see a better return of investment and also, you’ll see that money being utilized and staying in the country. That’s important for the economy of the Philippines.” Andrew Pearson , founder of Intelligencia Limited , echoed this sentiment, stating, “I think the Philippines should keep in mind the advice from Latin writer Publilius Syrus: ‘A good reputation is more valuable than money.’ The social cost of these POGOs was extremely high. The story did not reflect well on the gambling industry in many ways. These crimes were heard around the world, so the sooner the government addressed and cleaned up, the better.” He further noted that while the loss of revenue from the POGO sector seems minimal, it could be compensated by incoming investments, emphasizing, “A country’s business reputation is an important variable in the equation investors use to decide where to invest. Reputation might be more valuable than money, but it might also attract coveted investments too.” Harmen Brenninkmeijer , Managing Partner of NYCE International , also shared optimism, saying, “Absolutely, the Philippines is primed for the future of the gaming industry, especially with the present market growth under PIGO [Philippine Inland Gaming Operators License], focusing on developing the local market. However, there is one major limitation and that’s the inability of owning your company 100% if you’re an investor from outside the Philippines.” This limitation remains a concern for foreign investors looking to enter the market. Evan Spytma , CEO of Casino Plus , reinforced their commitment to invest significantly in the Philippines. He disclosed that his company is investing “a substantial amount. Hundreds of millions, but we believe in the future of the Philippines: both land-based and online, so we think it’s a safe investment.” His confidence suggests that, despite the political climate, the gaming industry can continue to thrive. A New Direction for the Industry The overall consensus among interviewees is that the POGO ban, while disruptive, may ultimately lead to a healthier gaming environment. During one of the panels at SPiCE Philippines 2024, Brenninkmeijer remarked on the need to address the root issues associated with POGOs, emphasizing that “if you talk about human trafficking, that’s not a gaming problem. That’s actually an immigration problem. It has nothing to do with gaming.” He stressed the necessity of better immigration enforcement rather than blanket bans on the industry. In a separate interview with ACN, Brenninkmeijer said about the POGO ban: “It raises concerns as to why politicians have placed the blame solely on POGOs, PAGCOR [Philippine Amusement and Gaming Corporation] and the gaming industry, when the issues appear to involve other factors such as immigration as well. Moreover, the effects of the ban extend beyond the Philippines, as it highlights broader regional challenges that could influence investor confidence across Southeast Asia.” Akili Polee noted the importance of this reset, stating, “I feel like it’s very important for President Marcos Jr. to put pressure on POGOs and remove them in order to reset everything.” He believes fostering a local gaming environment could create jobs and wealth for Filipino citizens, further enhancing the country’s investment appeal. While the POGO ban has forced a re-evaluation of the gaming landscape, many believe it opens the door for legitimate operators to emerge. Joe Pisano explained, “The POGO ban is addressing illegal operators that were using gaming as a front for their scam businesses. They’re not gaming people; they’re scam artists.” He underscored that the future may still hold opportunities for offshore gaming once the sector is cleansed of illicit entities. The sentiments shared by industry leaders indicate that the POGO ban could lead to a more robust and sustainable gaming sector. Evan Spytma added, “Absolutely, I really feel like we’re just scratching the surface on what’s possible here in the Philippines.” His optimism suggests that, provided the industry adapts to new regulations, growth remains possible. The POGO ban has undeniably stirred significant changes in the Philippine gaming industry. However, insights from key figures suggest a potential silver lining. By targeting illegal activities and encouraging local investments, the Philippines could reshape its gaming landscape into a more attractive investment hub. While challenges remain, the commitment from industry leaders to adapt and invest indicates that the Philippines still holds promise for future growth in the gaming sector.
- Alice Guo Pleads Not Guilty to Human Trafficking Charges
Dismissed Mayor Alice Guo of Bamban, Tarlac pleaded not guilty to qualified human trafficking charges in Pasig City RTC, due to alleged links to POGOs. Dismissed Mayor Alice Guo of Bamban, Tarlac pleaded not guilty to charges of qualified human trafficking when she faced a Pasig City Regional Trial Court (RTC) on September 27, 2024. This case stems from her alleged involvement with a leasing company that worked with Philippine Offshore Gaming Operators (POGOs). The online arraignment took place before RTC Branch 167 and is connected to the illegal activities of Hongsheng Gaming Technology Inc. Authorities raided the company last year, uncovering over 800 alleged victims of human trafficking. Disturbingly, nearly half of these victims were foreign nationals, raising significant concerns about the scale of the operations linked to Guo. Nicole Jamilla, one of Guo’s attorneys, firmly asserted her client’s innocence. “She really has no involvement in trafficking. Without going into further details, because we might get into sub judice, our client is adamant that she is not guilty of the crime being accused of her,” Jamilla was quoted as saying in a report published by the Inquirer . Guo’s legal troubles extend beyond the human trafficking charges. Last week, the Pasig court ordered the Philippine National Police to transfer her from Camp Crame to the Pasig City Jail Female Dormitory. Guo’s current charges are non-bailable, adding to the gravity of her situation. Despite this, Stephen David, another member of Guo’s legal team, revealed that they filed a petition on Thursday requesting the option to post bail. In addition to the human trafficking charges, Guo faces graft and corruption allegations in a separate case before the Valenzuela RTC Branch 282. This case was previously under the jurisdiction of the Tarlac RTC Branch 109. Guo’s legal woes also include a quo warranto case in a Manila court, which challenges her eligibility to hold public office due to her alleged Chinese nationality. The National Bureau of Investigation found that her fingerprints matched those of a Chinese national named Guo Hua Ping, further complicating her legal status. Moreover, Guo is facing a money laundering complaint filed last month with the Department of Justice. This complaint alleges that she concealed her financial interests related to the Baofu compound, which spans eight hectares and housed the POGO Hongsheng, which rebranded as Zun Yuan Technology Inc. Guo’s troubles escalated in early September when she was apprehended in Indonesia. She had fled the Philippines in July amidst mounting legal pressures and several Senate hearings that scrutinized her alleged connections to the POGO industry. The hearings also focused on her nationality, raising questions about her eligibility to serve as a public official in the Philippines. The case against Guo highlights the broader issues associated with the POGO industry in the Philippines. Authorities have increasingly focused on the operations of these offshore gaming companies, which have been linked to various illegal activities, including human trafficking and money laundering.
- Displaced POGOs From PH Might Transfer to Timor Leste: DOJ
DOJ Secretary Jesus Remulla met with Timor-Leste President to give a warning about the effect of the ban on Philippine Offshore Gaming Operators (POGOs). Philippine Justice Secretary Jesus Crispin Remulla had a state visit to Timor-Leste, where he met with President José Ramos-Horta and other senior officials. This visit was significant as it provided an opportunity to discuss various issues, including the Philippine government’s recent ban on Philippine Offshore Gaming Operators (POGOs) . The Department of Justice (DOJ) announced that Remulla conveyed critical information regarding the POGO ban to the Timor-Leste government. President Ferdinand Marcos Jr. has implemented a comprehensive prohibition on POGOs due to a range of concerns linked to these gaming operations. Remulla highlighted several challenges faced by the Philippine government, including regulatory evasion, potential threats to public safety, and crimes associated with POGOs such as human trafficking. “It was relayed that there are reports indicating Timor-Leste as one of the possible destinations where POGO operations could transfer,” disclosed the DOJ in a statement published by GMA Network . This concern arises from reports suggesting that some operators are looking for new markets where they can continue their business without the restrictions imposed by the Philippines. Remulla’s discussions in Timor-Leste also focused on the implications of this potential transfer. The Philippine delegation underscored the importance of maintaining regulatory frameworks that safeguard public safety and prevent the influx of potentially harmful gaming operations into the region. This exchange of information reflects the Philippines’ commitment to regional cooperation and dialogue, particularly concerning issues of governance and public welfare. In addition to discussing POGOs, Remulla’s visit also aimed to strengthen ties between the Philippines and Timor-Leste. Both nations share common interests, particularly in areas such as security and economic development. Remulla’s meetings included conversations about enhancing collaboration in various sectors, including law enforcement and anti-crime initiatives. As part of the ongoing investigation into illegal POGO activities in the Philippines, authorities are looking into several high-profile individuals linked to these operations. Among them is Alice Guo, the dismissed mayor of Bamban, Tarlac who is facing allegations of involvement in illegal gambling. Guo was recently tagged as a Chinese spy by Chinese Cambodian businessman She Zhijiang in a documentary created by international news channel Al Jazeera. Despite these accusations, Guo has vehemently denied any connections to the claims made against her.
- Supreme Court Denies Harry Roque Plea to Stop House Arrest
The Supreme Court denied Harry Roque's petition for a writ of amparo, blocking his bid to prevent enforcement of a House-issued arrest warrant in POGO probe. The Supreme Court of the Philippines has denied a petition for a writ of amparo filed on behalf of former presidential spokesperson Harry Roque. His daughter, Bianca Roque, had sought this special protective order to prevent enforcement of an arrest warrant issued by the House of Representatives’ quad-committee. The court’s decision, announced on October 1, 2024, underscores the limitations of the amparo remedy in cases involving congressional actions. Supreme Court spokesperson Camille Ting clarified that the writ is generally reserved for instances involving extrajudicial killings and desaparecidos or enforced disappearances. She was quoted as saying by the Philippine Sta r : “The scope of amparo is limited to extra-judicial killings and threats thereof, which is not present in this case.” This explanation signals the court’s view that the legal challenges facing Roque do not fall within the purview of the amparo framework. The ongoing legal disputes center on Roque’s alleged connections to Philippine Offshore Gaming Operators (POGOs), particularly concerning his ties to illegal activities. The House committee is conducting an inquiry into these operations, exploring their potential links to organized crime, including drug trafficking. The panel has attempted to compel Roque to attend hearings and provide documents related to the investigation. Roque has failed to comply, leading to two citations for contempt and an order for his detention. Bianca Roque’s petition, submitted on September 23, argued that legislative inquiries must respect the individual rights of those invited or affected by such hearings. She emphasized that “the power of legislative inquiry must be carefully balanced with the private rights of those affected.” Furthermore, she called on the high court to clarify the boundaries of congressional authority to ensure that the fundamental rights of citizens are upheld. In addition to the writ of amparo, Roque’s petition also sought a writ of prohibition. This would prevent the House committee from requiring him to attend future hearings or submit any additional documents. He contends that he has already provided all pertinent information related to the inquiry. Roque’s legal team argues that the committee’s actions infringe upon his constitutional rights. Despite the denial of the amparo petition, the Supreme Court directed the House committee to respond to Roque’s petition for prohibition within ten days. This indicates that the court is willing to consider aspects of the case related to the committee’s authority and the rights of individuals involved in legislative inquiries. Roque’s legal troubles began amid allegations of his involvement with Lucky South 99, an illegal operation raided by authorities in June. Evidence collected during the raid revealed serious offenses, including human trafficking, torture, and scams. This scrutiny has placed Roque under significant pressure, and he has been in hiding since lawmakers ordered his detention.
- Thailand Opens Casino Resorts to Private Investors
Thailand's Deputy Finance Minister says Disney, Universal and other private investors could join integrated casino resorts once new regulations are in place. Thailand Deputy Finance Minister, Julapun Amornvivat, has announced that the country’s integrated casino resorts will welcome participation from all private investors. He disclosed that major global entertainment firms like Walt Disney and Universal Studios could even establish a foothold in Thailand, provided they adhere to the necessary regulatory frameworks once the relevant legislation is enacted. The Deputy Minister’s comments come amid a broader discussion in Thailand about how to integrate casinos into its entertainment landscape. Some politicians have voiced the opinion that the government should operate casinos directly, rather than allowing global operators to participate. However, Amornvivat firmly supports an open approach that invites international players who want to explore opportunities in these integrated casino resorts within entertainment complexes. His comments, as reported by The Bangkok Post , came as he called for comprehensive discussions among relevant state agencies regarding the operational framework for these casinos. He aims to conclude these discussions by mid-month, ensuring that the proposal can progress smoothly through the legislative process. The discussions will not only cover the operational aspects but also delve into the mechanisms for tax collection, a crucial element of the initiative. Under the existing State Fiscal and Financial Disciplines Act, tax collection responsibilities fall to the Customs, Revenues, and Excise departments within the Finance Ministry. This structure complicates the establishment of any separate committee for tax oversight, a suggestion that has been proposed by some members of the House. Amornvivat emphasized that adherence to the law is non-negotiable, highlighting the importance of clarity and accountability in financial operations. Addressing concerns related to potential social impacts, he reiterated the need for careful assessment of the project. The Deputy Minister stated, “We need to assess the project thoroughly to prevent negative impacts on the economy and society.” His commitment to ensuring responsible development indicates a sensitivity to the social implications that gambling could introduce. The prospect of large-scale entertainment complexes has generated excitement among both investors and local communities. With the potential for job creation and increased tourism, stakeholders see these developments as a way to revitalize the economy. However, there are also voices of caution urging careful consideration of gambling’s societal impact, particularly concerning addiction and community well-being. As discussions progress, Amornvivat has stressed the importance of transparency in operations. Investors, whether local or international, must comply with established guidelines to ensure a fair playing field. This transparency will be vital not only for regulatory compliance but also for fostering public trust in the new industry. Amornvivat also addressed suggestions regarding the establishment of a fund aimed at assisting individuals with gambling problems. Current regulations prevent ministries or agencies from creating redundant funds, which will necessitate further discussions before any solutions can be proposed. This indicates a recognition of the potential risks associated with gambling, and a desire to implement safeguards to protect vulnerable populations. The introduction of casinos in Thailand represents a significant shift in policy since there has been an increasing interest in the potential economic benefits of legalizing casinos in Thailand. For years, the country has maintained strict laws against gambling, often forcing locals to seek entertainment options abroad.
- Macau Casino Regulator Shows New Baccarat Bets for Golden Week
Macau approves new baccarat side bets "Lucky 7" and "Super Lucky 7" for October Golden Week, a peak gambling period. Macau’s gaming landscape is set to get a fresh twist as the local casino regulator has approved two new baccarat side bets: “Lucky 7” and “Super Lucky 7.” Industry sources have indicated that these exciting additions will likely debut on gaming floors just in time for the upcoming October Golden Week holiday, a peak period for tourism and gambling in the region. According to the Macau Daily Times , the approval comes from the Gaming Inspection and Coordination Bureau, which oversees gaming operations in Macau. The new side bets are part of a broader strategy to enhance the gaming experience for visitors and to attract a more diverse clientele. With Golden Week being one of the busiest times for casinos in Macau, the timing of this launch could significantly boost player engagement and revenue. Payout Structures and Game Mechanics The “Lucky 7” side bet offers enticing payouts that appeal to players looking for a thrill. For a winning “player” hand with a total value of seven made from two cards, the payout is 6-to-1. However, if players achieve a three-card hand that also totals seven points, the payout jumps to an impressive 15-to-1. This simple yet effective payout structure is designed to encourage players to take risks while playing baccarat. On the other hand, the “Super Lucky 7” introduces a more intricate payout system with three distinct tracks. The highest potential payout, a remarkable 100-to-1, applies when a winning “player” hand of seven points surpasses a “banker” hand of six points, each consisting of three cards. Additionally, there are lower payout options of 40-to-1 and 30-to-1, depending on the specific card compositions involved. This layered approach adds depth to the game and caters to high-stakes players seeking larger returns. Both side bets will be available on traditional live table games as well as on the increasingly popular “smart” live-dealer table format. This flexibility allows casinos to adapt to varying player preferences, enhancing the overall gaming experience. Notably, the game mechanics of these new bets are similar to the “Dragon Tiger” baccarat variant found at Singapore’s Marina Bay Sands, showcasing a growing trend in the region’s gaming offerings. The introduction of “Lucky 7” and “Super Lucky 7” follows the earlier success of the “Small 6/Big 6” baccarat side bet, which gained popularity among Macau’s six casino operators earlier this year. Launched in conjunction with the May Golden Week holiday, the “Small 6/Big 6” side bet, reminiscent of the “Tiger Baccarat” game in Singapore, offers payouts of 22-to-1 and 50-to-1 based on certain “banker” hand outcomes. The successful integration of this side bet demonstrates a positive reception from players, paving the way for more innovative betting options. Industry experts believe that these new offerings will enhance the competitive edge of Macau’s casinos, especially as they strive to retain their status as the world’s premier gaming destination. As other gaming hubs like Singapore innovate, Macau aims to maintain its allure through continuous improvements and fresh experiences for visitors. The Golden Week period in October is a critical time for Macau’s economy, drawing thousands of tourists from mainland China and other regions. The introduction of these new side bets is expected to capitalize on the influx of visitors during this holiday. Casinos are likely to market these bets aggressively, highlighting their unique features and attractive payout structures.
- Labor Atty on Officials Tied to Illegal POGOs: “Punish Them”
Labor lawyer Luke Espiritu called for accountability among officials linked to illegal Philippine Offshore Gaming Operators (POGOs). Atty. Luke Espiritu called for accountability among public officials tied to illegal Philippine Offshore Gaming Operators (POGOs). His remarks come in the wake of growing concerns about the negative impact these operators have had on the country, including serious allegations of human trafficking and various scams. Espiritu firmly believes that not only should all POGOs be shut down, but those in power who enabled their existence must face thorough investigations. “We must punish them,” he asserted, highlighting the importance of holding officials accountable for their roles in allowing these operations to flourish. In his X (formerly Twitter) account, Espiritu wrote: “On the issue of POGOs are answer should be resolute: Ban all POGO operations in the Philippines. And to add to that, punish all officials or rather, TRAPOS, from both former President Rodrigo Duterte and Ferdinand Marcos Jr. sides that allowed for these illegal POGOs to enter the country.” The labor leader also shared a snippet of his interview with One News wherein he argues that banning POGOs is only part of the solution. He emphasizes the necessity of investigating public officials who turned a blind eye to the operations or facilitated their activities. He believes that without accountability at the highest levels, the root of the problem will remain unaddressed. Espiritu’s statements sparks a broader conversation about the future of gaming in the Philippines since he considers POGOs to be “useless.” When asked what is his take on POGOs, Espiritu answered, “We have to close down all the POGOs. They’re useless. Not only that, we have to investigate the public officials that allowed that. We must punish them.” Espiritu’s call for justice is not just about punishing wrongdoers; it is also a plea for a more transparent and responsible governance system. He warns that the ongoing POGO scandal should not serve as a pretext for racist behavior or xenophobia, particularly against Chinese nationals. He cautions against using these events to stoke anti-China sentiment, arguing that such actions would only distract from the real issue at hand: the accountability of public officials. “We also don’t want to use this issue to be, you know, just to become rascist or we’re gonna use the anti-China sentiment in order to cover up for public officials that made it possible for these POGOs to proliferate in our country. First and foremost, we must punish them and not just let them go scot-free.” The Philippine government has been under pressure to take a decisive stance against POGOs. Recent investigations have revealed a troubling connection between these gaming operators and a range of illicit activities. Allegations have surfaced that POGOs are linked to human trafficking networks, which exploit vulnerable individuals. Both Alice Guo and Cassandra Ong are accused of being involved in POGO companies where Chinese nationals were forced to work in order to settle casino debts. President Ferdinand Marcos Jr. has responded to these concerns by announcing a ban on POGOs , recognizing the urgent need to address the issues they present. The context surrounding POGOs in the Philippines is complex. These operators often target foreign clients, particularly from China, attracting significant revenue for the government through taxes and licensing fees. Yet, this financial benefit comes at a steep cost. The proliferation of POGOs has led to a rise in crime rates, with reports of extortion, kidnapping, and other violent acts linked to these gaming operations. Read related article: Duterte’s executive order about POGOs scrutinized for “encroaching” on Congres s
- Macau Gaming Revenue Hits 2024 Low; Baccarat Still Leads
Macau’s gaming industry experienced a mix of growth and challenges in September 2024. According to the Gaming Inspection and Coordination Bureau (DICJ) , the 30 casinos in the region generated a gross gaming revenue (GGR) of MOP17.3 billion (approximately US$2.16 billion). While this figure represents a year-on-year increase of 15.5%, it also marks a decline of 12.6% compared to August’s GGR, which was MOP19.8 billion (US$2.47 billion). Despite the dip in revenue for September, the first nine months of 2024 have shown significant overall growth. During this period, Macau’s casinos reported a GGR of MOP169.3 billion, reflecting a robust increase of 31.3% compared to the same time frame last year. Analysts attribute this upward trend to a resurgence in both domestic and international tourism, contributing to the recovery from the pandemic’s lasting effects. A closer look at the data from the first half of 2024 reveals that baccarat continues to be the cornerstone of Macau’s gaming revenue. This classic card game generated an impressive 85.2% of local casinos’ GGR from January to June. With over a dozen games of chance available in the casinos, baccarat’s dominance underscores its popularity among both local players and tourists. In contrast, gaming machines, including slots and electronic table games, accounted for only 5.6% of the total GGR during the same period. Macau’s gaming sector is managed by six competing integrated resort (IR) operators: Sands, Galaxy, SJM, Melco, Wynn, and MGM. As part of their agreements with the government, these operators are obligated to enhance their non-gaming offerings and contribute to the preservation of Macau’s cultural heritage, as well as support the revitalization of the city’s historic districts. The operators contribute significantly to the local economy, paying 35% of their GGR as a direct gaming tax to the government. An additional 4% levy funds various public causes, including infrastructure development and social programs. These contributions underscore the importance of the gaming sector not just as a source of entertainment, but also as a vital component of Macau’s economic stability. However, the industry is facing challenges. September’s GGR was the lowest recorded in the first nine months of 2024, highlighting the seasonal fluctuations that affect casino revenues. Analysts suggest that September often acts as a “shoulder season,” falling between the busy summer months and the anticipated Golden Week holiday in October. This transitional period typically sees reduced visitor numbers and lower gaming activity, impacting overall revenues. Adverse weather conditions in early September may have further exacerbated the downturn. Inclement weather can deter tourists from visiting casinos, leading to reduced foot traffic. Additionally, ongoing regulatory measures in mainland China, aimed at curbing illicit money exchange activities, have made it more difficult for some visitors to access funds for gambling. These factors combined to create a challenging environment for Macau’s gaming operators during the month. Despite these challenges, the long-term outlook for Macau’s gaming industry remains positive. The government’s efforts to promote non-gaming attractions and support cultural heritage initiatives play a crucial role in diversifying Macau’s tourism offerings. Under the concession agreements, gaming operators are required to invest in these initiatives, which could enhance the overall appeal of Macau beyond just its casinos. As Macau approaches the Golden Week holiday, which typically draws an influx of tourists and increased spending, industry analysts will closely monitor how these trends evolve. The upcoming weeks could provide a much-needed boost to gaming revenues, particularly for baccarat, which remains the most lucrative game in town. Read related article : Concerns Raised Over Potential Shutdown of Satellite Casinos in Macau Amid New Gaming Law
- Trans Beauty Queen Lars Pacheco Lost P5M in Online Gambling
Transgender beauty queen Lars Pacheco admits to battling online gambling addiction, saying, “Naging makapal ‘yung mukha ko” (I became shameless). Lars Pacheco, a transgender beauty queen, has openly discussed her battle with online gambling addiction, candidly stating, “Naging makapal ‘yung mukha ko” (I became shameless). In a viral Facebook video titled “How I lost 5 million in Online Gambling,” which has garnered over 5.7 million views, Pacheco reflected on how her gambling habit began in 2021. In the video, she recounted her initial foray into online sabong (cockfighting) through a money app. “Well I’m super duper afraid to create this video, but baka maging help. So, it started in 2021 [sa] online sabong in a money app. So, I don’t have [an] idea kung paano siya laruin” (Well, I’m super afraid to create this video, but it might help. So, it started in 2021 with online cockfighting in a money app. I had no idea how to play). She explained that she got interested while watching others in her home engage in the game, leading her to give it a try herself. Initially, Pacheco was uncertain about how to place her bets, choosing simply between the colors blue and red based on her feelings of luck. “Dahil nga wala ako alam, namimili lang ako ng color blue or color red. So, meron o wala” (Since I had no idea, I just picked color blue or color red. So, there were wins or losses). As she became more involved, she learned to analyze the game more critically, eventually losing a staggering PhP600,000. As time went on, Pacheco began to feel more confident in her gambling skills. “So, habang tumatagal, feeling ko nagiging expert na ako” (So, as time went on, I felt like I was becoming an expert). She started to observe the physical attributes of the roosters, focusing on their speed and agility. “To cut the long story short, naging adik ako sa sabong” (To cut a long story short, I became addicted to cockfighting). Her gambling addiction intensified when she transitioned to a baccarat gaming app. “Naging baccarat queen naman ako. And sabi ko, mas madali dito kasi dalawa lang ‘yung pagpi-pilian, banker at player” (I became a baccarat queen. I said it was easier here because there were only two choices, banker and player). This new form of gambling became serious for her as it was directly linked to her bank account. “So, every time na QR code lang ‘yung ii-scan mo maka–cash in na siya dun sa gaming app” (So, every time, you just needed to scan the QR code to cash in to the gaming app). Pacheco shared her experience with transaction history on the app, describing it as alarming. “Kasi kulay red, ang kulay ng deposit. Puro ako deposit, deposit, deposit, wala ako nawi-withdraw” (Because red is the color of deposits. I only had deposits, deposits, deposits; I wasn’t withdrawing anything). Her gambling escalated to the point where her bank account faced limitations. “So, tatawag ako dito sa friend ko, Jonas, ‘Lexa pa-transfer n’yo nga ako, kasi, limit na ako’” (So, I would call my friend Jonas, ‘Lexa, can you transfer me some money? I’ve hit my limit’). Eventually, Pacheco realized her behavior was problematic, leading her to deceive friends about her financial situation. “Dito ko na-realized na I met evil in the form of gambling, kasi, natuto ako magsinungaling” (Here I realized that I met evil in the form of gambling, because I learned to lie). She confessed to telling friends she had reached her cash-in limit while hiding her actual financial status. “Naging makapal yung mukha ko” (I became shameless). Before concluding her video, Pacheco offered a warning to others engaged in online gambling, urging them to stop while they could. “Imagine 2021 I started wala pang mga social media influencer na nagpo-promote ng sugal” (Imagine, in 2021 when I started, there were no social media influencers promoting gambling). She noted how easily she was influenced by small amounts sent for gambling, asking, “How much more ngayon na budgeted na and advertised na ‘tong mga sugal na ‘to?” (How much more now that these games are budgeted and advertised?). Pacheco’s intention in sharing her story was to help others recognize the risks associated with gambling. “Alam ko mahihirapan ka, alam ko nanghihinayang ka sa lahat ng mga napatalo mo” (I know it will be hard for you, and I know you feel regret for everything you lost). She encouraged acceptance of losses, stating, “Tanggapin mo na hindi na kayang bawiin lahat ng yun” (Accept that you cannot recover everything). Lars Pacheco gained recognition after participating in the “Miss Q&A” pageant on It’s Showtime in 2018, where she finished as the second runner-up. Last year, she also made it to the Top 6 of the Miss International Queen pageant.