The Philippine Charity Sweepstakes Office (PCSO) could have substantially increased its dividends to the government if illegal gambling operations had been effectively eradicated in the country.
PCSO General Manager Mel Robles made this assertion following the agency's recent acknowledgment by President Ferdinand Marcos for its notable contribution to the national treasury. The recognition was bestowed during the 2024 Government-Owned or Controlled Corporation's Day at the Philippine International Convention Center in Pasay City.
Noteworthy is the recent turnover by PCSO to the national treasury, amounting to P2,684,933,915.10 in dividend contributions. This figure marks a significant rise from its 2022 dividend contribution of P2,665,701,213.78.
In 2023, PCSO accomplished a notable accomplishment with a revenue worth 61.45B with an increase of seven percent.
The Philippine Charity Sweepstakes Office (PCSO) could have substantially increased its dividends to the government if illegal gambling operations had been effectively eradicated in the country.
PCSO General Manager Mel Robles made this assertion following the agency's recent acknowledgment by President Ferdinand Marcos for its notable contribution to the national treasury. The recognition was bestowed during the 2024 Government-Owned or Controlled Corporation's Day at the Philippine International Convention Center in Pasay City.
The PCSO has been facing challenges with illegal gambling operations affecting its revenue and ability to fulfill its mission of providing assistance to those in need. The rise in revenue from 2022 to 2023 is a positive sign, but the presence of illegal gambling activities is a significant concern.
Efforts to combat illegal gambling are crucial not only to protect the revenue of the PCSO but also to ensure that the funds are used to support important social programs and initiatives. The impact of illegal gambling can be far-reaching, affecting the most vulnerable segments of the population who depend on the assistance provided by the PCSO.
It is important for the government and law enforcement agencies to work together to address the issue of illegal gambling and protect the integrity of legitimate gaming operations. By cracking down on illegal activities, the PCSO can maximize its revenue potential and continue to contribute to the welfare of the Filipino people.
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I am truly puzzled as to why our Senate feels the need to hold hearings, purportedly in aid of legislation, in response to the so-called "PDEA Leaks."
Firstly, it seems that very few people are giving this issue any serious consideration. Secondly, assuming that the leaked information constitutes a genuine pre-operative investigation report, the timing of its disclosure is highly questionable. Why was this information not brought to light earlier, especially considering that the individual in question has been present from national public office since 2010 and has even won elections during that time?
I find it difficult to comprehend the rationale behind investing significant time and taxpayer money into this matter. Such proceedings only serve to highlight the deficiencies in our system.
Furthermore, the conduct of some government officials who were called upon as resource persons during the hearings leaves much to be desired. Their lack of proper decorum and the absence of the dignified behavior expected of government executives are concerning.
I long for the days when our government officials exuded respect, displayed proper decorum, and showcased intelligence and integrity in their actions.
It is worth noting that during the hearings, a particular resource person claimed to have authored and signed the documents in question. However, instead of providing substantiated evidence, this individual used the platform to cast unfounded aspersions on various personalities based solely on hearsay.
In today's environment, it is distressingly effortless to tarnish someone's reputation without valid grounds.
It is disheartening that, amidst the numerous pressing issues facing our country, we are allowing ourselves to be divided by baseless accusations and conjecture. The focus on such divisive matters detracts from addressing the real challenges that confront us as a nation.
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