Video games may bring $357 million in tax revenue to the Philippine government.

The gaming sector in the Philippines (referred to as e-gaming) could contribute up to 20 billion Philippine pesos ($356.9 million) in franchise taxes to the country's Bureau of Internal Revenue (BIR) this year.According to the Philippine Star, Assistant Finance Minister Carlo Adriano made the statem

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Former Philippine senator urges government to consider privatizing PAGCOR

Former Philippine Senator Franklin Drilon supports the proposal to privatize PAGCOR's gaming business in the hope of raising funds for the Maharlika Investment Fund (MIF). Drilon said privatizing the gaming operations of the Philippine Amusement and Gaming Corporation (PAGCOR) and the Ph

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