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S.According to a report from Inside Asian Gaming, the new Bayanihan to Recover as One Act is to require iGaming firms possessing a Philippine Offshore Gaming Operator (POGO) license to pay a 5% tax on turnover rather than revenues with an official exchange rate utilized to calculate the local equivalent of any amount owed in foreign currencies. on hold, resulting in “bubble seasons” and opt-outs, and as sports fans report “generally lower enthusiasm” for what has been called “the protest season” by Pete Carroll, coach of the National Football League’s (NFL) Seattle Seahawks....

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However, it will be interesting to see how it all plays out in light of the pandemic, which, since mid-March, has put most sports in the U.4 billion shortfall in the Asian nation’s coronavirus relief fund and moreover lays out penalties that could eventually see non-compliant firms unceremoniously stripped of their POGO licenses.According to a report from Inside Asian Gaming, the new Bayanihan to Recover as One Act is to require iGaming firms possessing a Philippine Offshore Gaming Operator (POGO) license to pay a 5% tax on turnover rather than revenues with an official exchange rate utilized to calculate the local equivalent of any amount owed in foreign currencies....

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In the Philippines and President Rodrigo Duterte (pictured) has reportedly signed a piece of legislation into law that has been designed to more than double the amount of tax collected from domestic holders of an offshore gaming license.However, it will be interesting to see how it all plays out in light of the pandemic, which, since mid-March, has put most sports in the U.However, it will be interesting to see how it all plays out in light of the pandemic, which, since mid-March, has put most sports in the U....

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