🔥 Philippines to study economic impact of halting online gambling - Reuters

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It is visible already to the eyes of everybody the existence of those activities which are considered as illegal as to the fact that PAGCor is the only institution that is authorizes to establish and to lead those activities. Aside from the bulk income generated by this institution, it attracts also the foreign investors to invest in this kind of business thus promoting the country as a tourist spot in terms of legal gaming and gambling. Possible Solutions and Recommendations A. The Corporation was created during the Martial Law years by virtue of a Presidential Decree PD A in response to calls for the Philippine Government to put a stop to the growing proliferation of illegal casino operations in various parts of the country then. Gamblers often deal drugs, embezzle, or steal to get money to gamble or to pay gambling debts. Glenne Lagura. Some of the few illegal or unauthorized games or activities that exist are the following: cockfighting, jueteng, horse racing bingo and other forms of lotteries, slot machines other mechanical contraptions and devices and online gambling. The politicians who benefit from gambling funds will certainly lack the political will to spearhead an investigation. PAGCor is authorized to borrow money from local or foreign sources. Worse comes to worst, these brought an obvious social problems which we encountered nowadays. In that case, the never-ending issue of the involvement of those influential persons is considered as the main angle to relate in this situation. He stressed however that doing so would not be easy and that a closer study should be done. It was established to regulate all games of chance in the country. To note with the issue, let us not forget that the ultimate goal of the mandate of PAGCOR, is to provide assistance to those in need. Lagura Outline: I. Aware or Unaware? Introduction A. These decrees were, however, consolidated into one PD-No. Aside from the fact that it contradicts the law of the land, reality check, these illegal actions became a part of the regular activities of those individuals in a community who are engaging their selves to be part of these. Accessibility wise, those illegal establishments can be nearly reach compare to those firms which are authorized to do such legal acts. Conclusion Despite the surge of PAGCor income that has succeeded immensely in supporting the cash-strapped government, several lawmakers, nongovernment organizations and especially the religious sector are still firmly against government engaging in the business of operating casinos. It is better to put in place systemic reforms first and see whether these systemic reforms will work before we talk about what really should be done to the agencies. Lagarde at www. During that time, Pimentel heads the Senate committee on games and amusement, thus he seek to address the adverse effects of these gambling houses on the youth and the rising incidence of crime. Jueteng is said to be a Pbillion business in the Philippines, annually. The following sited situations prevails the point of view of the owner of this paper as to the current situation of PAGCor and its effects to the community. Gambling is a major social problem in the country. At an early age, children at this time learn the knowhow of involving their selves in these activities which brought pessimist consequences with regards to their studies and to the habitual lifestyle of the people. If it is the rule of the PAGCor to regulate these illegal activities, then who is in charge of implementing necessary actions to those who make these obvious offenses? Below is a statement quoted about illegal gambling by Roy Q. This reality is pretended to be unknown to all of us, considered to be a usual activities and unfortunately, big officials are the one who is behind under this operations. Restoring he Pasig River back to life 4. PAGCor had an initial authorized capital stock of P5 million which was later increased to P million. Bringing basic social services closer to the Filipino masses 2. Fortunate to the forefront of this criminal movement, it becomes a huge and growing business. Signages of private poker clubs are everywhere and when it comes to the gambling houses, all are well shuttered with a guard-doorman usually stationed at the entrance and by that, we can only imagine what else goes on in there. But the Arroyo administration allegedly railroaded last December a bill which misrepresents the year franchise as having taken effect on July 11, instead of Jan. In June , Republic Act was passed by the Philippine Congress, extending the corporate life of the state-run gaming firm by 25 years, renewable for another 25 years. Helps blast victims get back on their feet — literally 3. Prostitution, and general sexual immorality, likewise rises because of immoral entertainment provided in and near gambling houses. In another way, it is indeed a fact that the institution is generating bulky income which serves as a great help in giving financial support for the economic development of our country. Or Aware to be Unaware? Log In Sign Up. Naguiat said, PAGCor is open to spinning off its casino operations and retaining its regulatory role, to enable it to focus more on monitoring and policing the growing gambling business in the country. Board of Directors The Board of Directors is composed of five 5 members, three 3 of whom shall come from the government sector and shall be appointed by the President of the Philippines and the other two 2 shall come from the private sector who own at least 1 share of stock in the corporation and shall be elected by the stockholders of the corporation in the annual general meeting or in a special meeting called for such purpose. There are cops who even openly admit that gambling money finances police operations in certain areas of the country. The dismal performance of many of these corporations has contributed to the fiscal deficits of the public sector. Even by now, as we can see and heard at the news, with the recent issues PAGCor is facing, we can somewhat say that the institution is still trying to fix what is not being fixed out of those above cited problems. Skip to main content.

To browse Academia. Is gambling a cursed? What a misery to imagine that even by now those establishment which are considered to be illegal in their operation are still in service of doing their unlawful work. The corporation also gets substantial earnings from other sources like its other regulated gaming activities such as private licensed casinos, poker operations, commercial bingo operations, E-games and others.

Senator Pimentel stated that PAGCor seems thesis about gambling in the philippines in regulating the operation of these private casinos and electronic betting houses and lax in the granting of licenses to them.

Further, some contents of this part contain documentation of issues and problems base from the current news and information cited from different reliable sources. The point of arriving to this situation — selling another GOCC - emanates from the idea of poor management, corruption and undying anomalies.

The need to answer and to come up a solution as to the problem of rampant increase of illegal gambling in the country is quite an undying issue.

The issue of privatizing PAGCor is also very controversial, with several lawmakers pushing for it and even more congressmen against it. What actions were countered already with regards to discontinuing these rampant activities which resulted to crime, death and other anti-humanitarian acts?

But, in my own perception, this dream might be turned into a great nightmare. Aside from table games and slot machines, PAGCor has also expanded its operations thesis about gambling in the philippines include the conduct and regulation of bingo games as it expands the image of Casino Filipino from a gaming venue into a vehicle for wholesome entertainment for the whole family.

But this has casino no deposit money been established as fact. In the paper of Roy Q. King said that thesis about gambling in the philippines the act can be considered purely from the noble and idealistic viewpoint that government should not be in the business of gambling, one has to think from the point of view of generating funds for the government.

Historically, crime increases where gambling is legal. Studies showed that problematic gamblers sometimes turn to criminal activities to support their habit. Not even the ouster of President Joseph Estrada from Malacanang Palace, on charges of receiving "jueteng" money from syndicates, could abate the problem.

Despite reforms undertaken in the past, according to the Commission on Audit, there remain around one hundred thirty three GOCCs operating in the areas of agriculture, transportation, infrastructure, public utilities, provision of housing, industrial free usa casino slots for fun and finance.

Is the subject institution took already a response to the matter? Analyses As the third largest revenue generator in the country, PAGCor plays a vital role in the economic development and took part of responsibility with regards to fiscal advancement of the country.

In fact, alongside with most gambling dens in Metro Manila KTV bars have sprouted like mushrooms, many of which conspicuously display Japanese characters and signs recruiting GROs. Reflecting the sentiments of the political leadership, law enforcers will also have no interest in verifying those perceptions.

Each Director shall serve for a term of one 1 year and until his successor shall have been duly qualified and appointed. Complicating the problem is the unsure state policy on gambling, which deprives the government of the moral high ground to crack down on illegal numbers games popular among the poor such as jueteng.

It entices everyone, old and young even children to be involved in these activities. It was further cited also in the said paper the standpoint of Francisco Tatad, erstwhile senator, whom charged Arroyo and some legislators for covering-up allegedly thesis about gambling in the philippines PAGCOR to continue its operation.

In line with the article of Alejandro del Rosario, as accorded by Senator Pimentel, the issue is not the big revenue that can be generated by those casinos but they too need to be watched. It also offers internet gaming, internet sports betting, and bingo and slot machine demo units.

In many years, not only few government officials have been implicated in gambling-related scandals. Conclusion VI.

Its major product lines consist of table games, slot machines, and chip washing. As such, employee unions or any form of employee associations are not allowed to be formed to ensure continuous and uninterrupted service to its customers. Analyses a Social Problems b Reduce Revenue?

Some if not many of the government officials in the country crown casino online involved in these illegal gambling and heard to be as the organizer and supporter of the prohibited gambling and gaming activities.

He added that the problem is the existence of small private gambling houses that propagate in many areas including residential ones.

To comment with the situation, the issue of privatizing PAGCor in order to divest itself of assets to be more productive in the hands of the private sector would somewhat be an issue that talks a lot. One click at this page is a visible problem is crime.

This is thesis about gambling in the philippines from the mandated beneficiaries which receive funding from PAGCor. Despite new laws imposing stiffer punishment for illegal gambling, jueteng continues to thrive and enrich gambling lords.

If the PAGCor is the one also mandated to regulate those unlawful actions what possibly be the actions to be undertaken for the purpose of first, taking good care at their primary economic reason of generating revenue for the Republic of the Philippines, second, assessing their role as to the regulation of these rampant rising activities, third preventive measure of responding to this situation and last lawful actions that are needed to be done. If that is the case, then the target is to seize the rats that slowly rotten the house and scrutinize the system and procedures brought by those pests. The idea of transferring the management of the said institution into the private one for better management and proper delineation of function is a good thing to be heard, it could be beneficial in many ways. Even by that, though it brought a cause for the alleviation of the economic situation as per scrutiny, as a counterpart, it conveys some consequences and also faces problems and issues. In addition, King said that if the government would privatize PAGCor, then all income goes to the private sector leaving only a small amount in taxes being paid to the government coffers. To continue, Rep. It is favorable to imagine separating the role of regulator and operator in order for the institution to focus in its focal function though it requires thorough revision. Many Filipinos have long suspected that gambling money finances political campaigns in this country. This is the simple analogy, privatize PAGCor then, they get the income; the lawmakers may perhaps be getting their own kickbacks from certain lobby groups who want PAGCor for their personal purpose. Crispin Beltran asked during a House session.