MANILA - Offshore gaming in the Philippines will have a "negative" effect on local businesses, a Senator who led an investigation into the participation of foreign nationals in the growing industry said Wednesday.
Philippine Offshore Gaming Operations or POGOs will not create jobs, said Sen. Joel Villanueva, after it was reported that a Chinese-Filipino businessman bought land in Cavite to build a gaming hub.
"Baka akala natin may kita dahil sa tax, pero lugi pala tayo dahil sa negative na epekto nito sa local businesses, sa ating mga kababayan, at sa peace and order." he told reporters.
(We might think that this would be beneficial because of the taxes , but the fact is we would be at the losing end because of its negative effects on businesses, our people and the peace and order.)
The "POGO Island" in Cavite will reportedly house 20,000 Chinese workers when it opens next month, and up to 50,000 when it is completed.