Understanding the Regulation of Online Gaming in the Philippines
The 20th Congress in the Philippines has seen the introduction of priority bills related to the economy, including the regulation of online gaming. As legislators gear up for their roles, debates around leadership positions and the impending impeachment trial of Vice President Sara Duterte are underway. Amidst this, the focus on regulating online gaming has intensified, with discussions on enhancing consumer protection and curbing problematic gaming habits.
Incoming legislators of the 20th Congress have filed their priority bills at the start of their terms on June 30. Many proposed laws focus on the economy, covering agriculture, industry, and services. Laws related to revenues and taxation must originate from the House of Representatives, as per the 1987 Philippine Constitution.
Before tackling bills, new lawmakers must address leadership roles in each chamber. Senator Francis Escudero is set to become Senate president, while former Senate President Vicente Sotto III may take on the role of Senate minority leader. In the House of Representatives, Speaker Martin Romualdez's allies claim he has a supermajority to retain the speakership. Deputy Speaker Duke Frasco is also a contender.
The top positions in both houses will be busy with the impending impeachment trial of Vice President Sara Duterte and the regulation of the online gaming industry. Bills have been filed in both houses to further regulate online gaming, which has seen a rise in popularity across the country.
The Philippine Amusement and Gaming Corporation (Pagcor) is the primary regulator of the industry. In 2020, Pagcor started issuing Philippine Inland Gaming Operator (PIGO) permits for online gaming services in the domestic market. PIGO operations contribute to government funds and provide income to licensed operators.
DFNN Inc.'s subsidiary, IEST Inc., was the first to receive a PIGO license. DFNN supports legislative efforts to enhance consumer protection in the gaming industry. It emphasizes the need to consider the operational diversity in the gaming ecosystem to prevent lower-income individuals from turning to unlicensed operators.
While debates on banning online gaming continue, it is noted that illegal gambling activities like jueteng persist in the Philippines. PIGO platforms, regulated by Pagcor, enforce strict monitoring and player verification rules to prevent addictive behavior. The government should focus on addressing underage gaming and gambling addiction through public awareness campaigns and crackdowns on illicit operations.
Overall, balancing entertainment with responsible gaming practices is crucial for a healthy gaming environment. By prioritizing consumer protection and social responsibility, the gaming industry can thrive while minimizing risks.
According to the source: Manila Bulletin.
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