Philippines wipes out its legit online gambling industry to take down scammers
ID: f14ece6b-7736-5bd5-825d-06e8908fbef1
STIX ID: report--f14ece6b-7736-5bd5-825d-06e8908fbef1
Feed Name: The Register (Security)
The Philippines will ban and wind down all Philippine Offshore Gaming Operators (POGOs) by year-end after President Marcos ordered PAGCOR to cease operations amid links to online scams, money laundering, human trafficking, and other crimes; authorities cited raids rescuing hundreds of workers and alleged romance scam activity, while estimating significant economic and reputational costs. With 42 operators still licensed and many more suspected illegal, the government plans enforcement through PAOCC, acknowledges some operations may go underground, and will assist displaced workers.
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