The three remaining firms holding a Philippine Offshore Gaming Operator (POGO) license in the Subic Bay Freeport Zone are reportedly closing down due to the economic fallout associated with the ongoing coronavirus pandemic.

According to a Saturday report from the Philippine Daily Inquirer newspaper citing an official briefing from the Subic Bay Metropolitan Authority (SBMA), one locally-licensed iGaming operator headquartered in the former United States Navy complex has already shut up shop and is to now be followed by the zone’s remaining trio.

Considerable consequences:

Wilma Eisma, Chair for the SBMA, reportedly told the newspaper that the holders of the three POGO licenses are currently ‘