Palace: Horse racing, cockfighting still banned under community quarantine

Credit to Author: Catherine S. Valente, TMT| Date: Tue, 09 Jun 2020 09:57:22 +0000

HORSE racing and cockfighting are still banned in areas under community quarantine in a bid to prevent the spread of coronavirus disease 2019 (Covid-19) pandemic, Malacañang announced on Tuesday. Palace spokesman Harry Roque Jr. said the decision not to allow such amusement games was reached during a meeting of the Inter-Agency Task Force for the […]

Read more

Gov’t may lose P1B in taxes a year from horse racing

Credit to Author: besguerra| Date: Mon, 12 Aug 2019 21:00:16 +0000

The sport of kings is flourishing today in most parts of Asia, especially in Japan, Hong Kong, Singapore, South Korea, Macau and Malaysia. But here in the Philippines, the reverse is happening as 2017 racing sales (P7.378 billion) dived in 2018 (P5.556 billion), for a P1.822 billion decrease in all three racetracks.

The post Gov’t may lose P1B in taxes a year from horse racing appeared first on Inquirer News.

Read more