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Philippine President Marcos signed the "Anti-Offshore Gambling Act" in October 2025, completely banning offshore gambling operations, with violators facing up to 12 years in prison and a fine of 50 million pesos. This move caused the Philippine peso to fall to 58.85 against the US dollar, the stock

The Philippine Senate recently passed the "Anti-Offshore Gaming Act" on its second reading with overwhelming support, marking a critical step by the government in addressing the issues with POGO (Philippine Offshore Gaming Operators).If the bill is successfully passed in the third reading and signed
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