Gatchalian slams PAGCOR’s POGO industry roadmap: ‘Eskinita lang’

  • 📰 gmanews
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 68%

United States News News

United States United States Latest News,United States United States Headlines

PAGCOR drew flak from Senator Sherwin Gatchalian after it presented an industry roadmap for the POGOsector, which the lawmaker deemed as lacking concrete details.

“In my entire life, this is the shortest roadmap na nakita ko. In fact hindi siya road, parang eskinita lang siya because it’s only four pages,” Senator Sherwin Gatchalian said. Bibo Nueva España/ Senate PRIB/ File photo

During the Senate panel’s hearing on POGOs on Wednesday, the PAGCOR presented a five-year roadmap for the POGO sector, wherein the gaming regulator expects to generate P10.2 billion from the industry by 2027 from P2.4 billion as of 2022. “This is toilet paper to be honest. Without all those data we don't understand this industry. We don't even understand the potential of this industry. You plan to increase revenue by P10 billion. You don't know where to get it. You don't know ilan POGO sa buong mundo [how many POGOs there are in the world]. We’re going to allow them to continue but you yourself you don't understand the industry,” Gatchalian said, referring to PAGCOR’s roadmap.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vape industry urged to improve tax compliance after lobbying for permissive regulation - BusinessWorld OnlineTHE vape industry must improve its tax compliance after having seeking a “loose” regulatory regime, a legislator said, claiming a shift in public opinion that now favors stricter handling of the industry.
Source: bworldph - 🏆 9. / 68 Read more »

DTI vows ‘unwavering’ support for vital biotech industryThe DTI on Monday highlighted the importance of developing and promoting biotechnology, signaling a policy thrust to harness this scientific field to achieve the country’s economic goals. | AldenMonzonINQ /PDI
Source: inquirerdotnet - 🏆 3. / 86 Read more »