After the closure of one Subic-area Philippine Offshore Gambling Operator (POGO), a can of worms was opened revealing just what happens when Chinese employees are kicked to the curb. Now, the rest of the POGOs in the neighborhood appear to be closing as well.
3 more POGOs closing in Subic
Subic Bay Metropolitan Authority (SBMA) chair Wilma Eisma has revealed that the three remaining POGOs have signaled their intention to close due to the problems they face from the Covid-19 pandemic. They are still operational, but she noted at an online briefing that “the owners of the remaining Pogos have said that they are also in the process of winding down.”
“Actually, it’s saddening in a way, because the POGO closure is a signal that the economy is not yet there. And I would think [the] economy not just in the Philippines but also worldwide because the POGO clients are not in the Philippines, but outside of it,” she added.