Illegal gambling stymies PCSO earnings, dividend payments

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 55%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Defining the News

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.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 20. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Filinvest Land Inc. Partners with KMC Community Inc. to Foray into Co-working Business SolutionsDefining the News
Fonte: MlaStandard - 🏆 20. / 55 Consulte Mais informação »