The Philippine Charity Sweepstakes Office said it could have remitted higher dividends to the government if illegal gambling operations in the country were neutralized.
PCSO turned over to the national treasury a dividend contribution of P2.68 billion. The amount represents a significant increase from its 2022 contribution of P2.67 billion. Robles said illegal gambling operations had a detrimental impact on the revenue generated by the agency, as the income losses deprive poor Filipinos of the healthcare and other assistance and benefits the PCSO provides.
Robles said, however, he is confident that PCSO would surpass its target income this year despite the continued operations of illegal gambling.
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Source: MlaStandard - 🏆 20. / 55 Read more »