Pogo revenues ‘come at significant social costs’ — DOF

  MANILA, Philippines --- The Philippine offshore gaming operators (Pogos) have substantial negative social repercussions that much outweigh the money streams they bring into the Philippines' economy, an official from the Department of Finance said on Monday. "The position of the Department of Finance is that while Pogo revenues contribute to the government coffers, these come at significant social costs to us," Finance Assistant Secretary Valery Joy Brion reported during the Senate committee on ways and means hearing, presided over by Senator Sherwin Gatchalian. "We've seen some studies and Pogo operations, there are links to some illegal activities such as prostitutio...

Keep on reading: Pogo revenues ‘come at significant social costs’ — DOF

from INQUIRER.net https://ift.tt/nC1skbg