Description

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Gambling is a very lucrative business for Pagcor and ns franchisees as loaf, as it is run in a monopotistic manner with the backing of the powerful government resources. It only takes a small edge for the gambling empires around the world to rake in billions annually. By taking advantage of human frailty and covetousness for easy money, Pagcor has become the third leading money making machine for the government. However, it is more obscene when instead of protecting the citizenry from this vicious vice, the government is taking advantage of the very people it is supposed to protect. Pagcor has through the years and decades has been making its own citizenry its milking cow. The original purpose of its creation was to attract tourist, instead 99% of use gamblers are locals, many of them rich government officials involved a gambling with unexplained wealth. Instead of spending time in solving the national woes, they are just doing the opposite. In most Asian countries with casinos, they are set up to attract foreigners and strictly enforced. In South Korea where there are eight casinos, all of them are catering to foreign tourist except one casino in an old mining town that was set up catering to locals because of the depression caused by the closing down of the mines in order to help the local community. In Singapore, the two casinos are off limit to locals. But in our country, these gambling dens are being set up in many places to attract the locals even though few foreigners are patronizing them. The evils of gambling with its tentacles have reached to homes through the Internet as Pagcor had licensed one online company for the purpose. With its mandate to operate all kinds of gambling in the country, it has ant up bingo parlors in almost all malls and commercial censers without letup. Bingo, with its limited prizes and unlimited tickets is making outrageous income for the operators. Most of One players are coming from the low income groups who cannot afford to go to the brick and mortar casinos. Pagcor has no qualm about enriching the government coffer at the expense of the poor.