He wasn’t exaggerating either.
An ongoing Senate investigation has uncovered some very questionable activities.
Investigators claim Guo’s real name is Guo Huaping, and she’s a Chinese national.
I hereby instruct PAGCOR to wind down and cease the operations of POGOs by the end of the year.
While only about 42 are currently officially licensed, it’s believed that over 400 are operating illegally.
At their peak a few years ago, POGOs directlyemployedwell over 300,000 Chinese nationals in the Philippines alone.
Now, reports suggest that legal ones directly and indirectlyemployaround 23,000 foreigners along with 40,000 Filipinos.
Some analysts think Marcos' move could ease tensions with Beijing over the South China Sea territorial disputes.
But officials say the social costs simply became too high.
The big question is what happens to all those POGO workers.
President Marcos vowed that his Labor Department will assist those displaced in finding new jobs.
The move has been cheered by many as a victory against transnational online vice.
The announcement itself drew a standing ovation in Congress.
