Post
Topic
Board Gambling discussion
Re: One of the biggest gambling hub in PH is now closed.
by
carlfebz2
on 05/12/2024, 20:45:56 UTC
POGO's first arrival here in the Philippines was already scolded by the last president Roa Duterte.
Now, it's time to clean it up so that this administration can feel better for themselves. This is politics, expect something like this will happen especially with money involved.

If they were really guilty of the last paragraph of the article then it’s a nice move by the government to close down the business - no matter what they represent on the outside as long as they are really doing things like human trafficking and illegal drugs behind the scenes then it’s always god for government agencies to go after such companies.

But if that last part was just included just so the government would have a more appealing comments on what to talk about or their reasons for closing it down then that would be considered a shitting tactic but if they are really involved in trafficking humans the kudos to the government.

Whatever the reasons for closing the hub are legitimate and whatever the way people may view gambling (haram or sin), it cannot be ignored that these companies represent an important source of support for the budgets of countries. The taxes imposed on this type of service companies (entertainment gambling) may reach more than 50% of the total profits in some legislations and in my country the taxes withheld on the profits from betting and types of competitions reach 66%. This leads us to conclude whether it is really wise to close these companies for any reason and lose tax revenues in addition to what this will cause in terms of sending employees to unemployment. I am not saying that we should not hold accountable those involved in suspicious activities, but this can be done individually without having to shut down the service completely. I do not know the laws in the Philippines, but I am sure that some decisions need to be reviewed and amended.
On the moment that these places had been shut down or have stop operation then it will really be pertaining about legal aspects on which this one really been caused up for it to close its doors. Doesnt matter about those reasons whether ethical or not but knowing these places then they will really be that operating for them to make out some profit and in terms of taxes then government would really be that loving on getting that huge chunk considering that these are profitable business on which simply means that they are getting big too. Knowing Philippines that does have that corrupt leaders and government members then that would re ally be something beneficial for them, if this one turned out to be closed then pretty sure that there are those individuals who had been affected by this decision.  Tongue