TAXES collected from Philippine offshore gaming operators (POGOs) could cushion potential losses due to uncertainties over the government’s second tax reform package, First Metro Investment Corp. (FMIC) said on Tuesday.

“It [the POGO sector] is going to be helpful in terms of axing potential losses from Citira [Corporate Income Tax and Incentives Rationalization Act] and other provisions of the tax reform package that might reduce the revenue intake,” FMIC Vice President Cristina Ulang said during a briefing.