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Philippines Pushing 1,400% Hike on Casino Entrance Fees

The Philippines is taking steps to keep low income gamblers from entering betting destinations by proposing upping the entrance fees at casinos by up to 1,400% around the country.

The current PAGCOR fee for entrance into casinos is PHP100 ($1.99 USD), but the rate would soon range from PHP500 to PHP1,500 ($29.91 USD) if the proposal passes. The current pricing has been in place since 1993, but will be adjusted for inflation and would help to keep out poor gamblers in the country from entering and wagering with money the government says they don't have.

PAGCOR fees brought in PHP14.4 million ($279,160 USD) in 2016.

No comment on the proposal was given by any interested parties as of press time.

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bgsharpe
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10 January 2018 - 6:54pm
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I guess the idea behind that is to prevent low income gamblers from loosing the less they've got which should be admirable I guess, the problem is though that gamblers are gamblers no matter how poor they are so that would create preconditions for appearing of many new illegal forms of gambling like "home based casinos" I could imagine.

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