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Salceda wants online sabong, other legal electronic betting activities taxed (SABONGARENAS)

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Online Sabong Betting
Genre Sabong Arena
Keywords Online Sabong Betting
Article ID 00000517
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House ways and means panel chair Joey Salceda is proposing to impose taxes on legal online sabong and other legally-operated electronic betting activities in order to make the industry more transparent and accountable. advertisement Salceda's proposal is contained in House Bill 7919, which he filed to clarify the national government's share of the revenues of these online betting activities and to ensure more oversight for this industry. “The operations are already legal, by virtue of local ordinances, but the electronic aspect of it is a legal gray area," Salceda said in a statement. "Because of the ambiguity, we are unable to levy national taxes on these activities, or look into their operations. My bill addresses that concern,” he added. Imposing taxes on these gaming activities could also raise more revenues for the government's COVID-19 response, he noted.

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