The recent political climate in the Philippines regarding gambling is quite interesting. You'll find that those who call for a complete ban on gambling are mostly not the beneficiaries. Ultimately, it's not about gambling corrupting morals, but about not getting a share of the pie.
Currently, the most attention is on local legal gambling platforms, especially those that can directly link to GCash bingo apps. With 90 million GCash users, the threshold for betting is extremely low; if one person loses 1 peso, it can sink 90 million pesos; what if the average loss per person per day is 100 pesos? The daily sinking amount would then be as high as 900 million pesos.
These platforms appear legal, but they generate issues no less significant than offshore gambling:
Youth are more prone to addiction, with almost zero barriers to gambling;
Small bets are addictive, quietly increasing the burden on the public;
The police have started to focus on the increasing trend of social cases triggered by these issues.
In contrast, offshore gambling earns money from foreigners, and local life is basically unaffected. However, the offshore projects were controlled by predecessors, and since "Little Horse" couldn't connect to the benefit chain, he naturally stopped supporting it, and turning to local legal gambling became more realistic.
But here comes the problem: if the "Little Horse" team is unwilling to "appropriately share" the profits from the local bingo platform with the opposition in Congress, subsequent legislative attacks and media amplification of these social issues are just a matter of time.
From an industry perspective, everyone knows that the real social risks come from local gambling, not offshore. But politicians look at "whether there is profit-sharing," not "whether it harms public welfare." Understanding this logic makes it easier to comprehend the direction of policies.
Why ban POGO but not PIGO?
Comments0
A president blatantly does this for money, yet the citizens still have such faith in him, impressive.
The instant memory erasure technique made people forget how his father and mother were corrupt, why they fled to Hawaii, and those 3000 pairs of shoes.
Reply PASA#864011 : Yes, I've also seen this on YouTube recently.
Because I got them banned
Before, Xiaoma had obtained an IGL license, but it was swallowed up by Lao Du's PAGCOR. Now, the cleanup of POGO is actually a form of retaliation.
The truth is out.
At least as long as the Pony family is around, there will be no problems.
The political shows are just for the public to see; the government will not really affect the interests of PIGO.
Isn't it?
The members who stir up several incidents within the party will definitely be summoned for a discussion by the leaders. The outcome of the discussion is that they also get a share of the cake, and afterwards, it's normal for them not to cause any trouble.
The social harm of PIGO is self-evident.
Once something counterintuitive happens, there must be something fishy going on.
Before, Lao Du was associated with the Xiao Ma family, but later he set up his own business. Xiao Ma must be displeased with you, what else can be said?
We've made an enemy out of IGL now.
If POGO were the ending of My Little Pony, it would be different.
The owner of the wallet is different.
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