Pasig City shuts down all forms of online gambling, with Mayor Vico Sotto noting the social costs far outweigh the financial benefits.
Full story: https://www.rappler.com/business/pasig-city-shuts-down-online-gambling-february-2024/
Full story: https://www.rappler.com/business/pasig-city-shuts-down-online-gambling-february-2024/
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00:00 Pasig City shuts down all forms of online gambling with Mayor Vico Soto, noting the
00:05 social costs far outweigh the financial benefits.
00:09 Soto orders the shutdown of Philippine offshore gaming operators as well as e-games and e-bingo.
00:14 In a post, he says online gambling outlets do not really contribute anything good to
00:19 society.
00:20 Soto adds state-owned Philippine Amusement and Gaming Corporation filed a temporary restraining
00:25 order against the Pasig City's decision, but it was denied.
00:28 He also says the closures would affect Pasig City's revenues but that social costs outweigh
00:33 the benefits.
00:34 The House Games and Amusements panel on Monday, February 12 approved a bill banning pogos
00:39 in the country.
00:39 [MUSIC PLAYING]