PCSO Looks for P18-B Revenue

 

NEW STL: PCSO chairman Jose Jorge Corpuz asserts that the small town lottery (STL) will become a  better money-making machine of the government.
NEW STL: PCSO chairman Jose Jorge Corpuz asserts that the small town lottery (STL) will become a better money-making machine of the government.

By: Marites Toledo

 

THE Philippine Charity Sweepstakes Office (PCSO) wants to have an annual revenue of P18 Billion compared to P4 Billion in the previous years.

But this could only be done by increasing the operation of small town lottery (STL) to 64 areas nationwide from the present 18, according to PCSO chairman Jose Jorge Corpuz.

Corpuz said PCSO data record showed that 18 STL areas of operations have produced P4.794 Billion last year and P4.7 Billion in 2014.

The new PCSO chief strongly argued that if the areas of operations are increased then the government would earn as high as P18 Billion each year—very huge increase from the present P4 Billion plus from 18 STL areas.

Corpuz also said the plan to widen the STL reach in almost all areas of the country to  decisively end all illegal numbers game like jueteng in Luzon and Metro Manila, masiao and swertres in the Visayas and Mindanao.

STL started in 2006 with a purpose of producing a substantial revenue for the government and stamp out the illegal numbers game.

But it is a public knowledge that the illegal numbers continued to proliferate despite of having STL.

In fact, there are gambling lords who tapped the STL as front of their illegal business.

Corpuz said STL this time would become an effective tool to end illegal numbers game because the government decided that all gambling, or numbers game, that are not STL registered will be considered illegal.

He said all illegal gambling operators have strongly agreed with the PCSO to support the STL and let their illegal business become legal by applying for STL operations.

PCSO record revealed that there are 224 STL applicants as of the moment.

All STL applicants are 100-percent Filipino-owned corporations or cooperatives as stipulated in the law.

The company that wants to operate a STL must have an authorized capital stock of P50 Million, with a minimum paid-up capital of P15 million.

The PCSO board set a presumptive monthly retail receipt (PMRR) that STL operators, or authorized agent corporations (ACC), must remit.

The new PMRR, or quota, has been in effect when Corpuz became PCSO chairman last September.

Under the new STL, cities and municipalities will get three percent of STL sales; congressional districts, 0.25 percent; provincial governments, 0.75 percent; and the Philippine National Police (PNP), 2.5 percent.

The PNP share is broken down as follows: national headquarters, 0.4 percent; police regional office, 0.4 percent; police provincial office, 0.6 percent; the Criminal Investigation and Detection Group (CIDG) national office, 0.20 percent; the CIDG regional office, 0.20 percent and the CIDG provincial office, 0.10 percent.

In addition to that, the new implementing rules of the STL prohibits ACCs from giving, delivering, remitting, granting and contributing money directly or indirectly to any local official, local government, congressman, police or any law enforcement officer so as to prevent corruption.

The new STL will start next month and will be implemented next year.

 

Tapat

Tapat

Studied Master of Public Administration. at UP Diliman Past: Philippine Christian University and Project 6 High School

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