According to statistics, the government is receiving around PHP 60,000,000 (around $1,149,700 USD) per month in a form of taxation and revenue.
Are you sure about this figure? The amount I always encounter in the news is ₱640,000,000 (₱640 million). That's why it was very hard for the current administration to put a stop to it because the revenue is that huge. If it was only ₱60,000,000 (₱60 million) a month, it would have been a lot easier for the president himself to just order its closure.
Although I myself was also an online cockfighting player, I am fully in support of the ban. Not all things are to be measured in monetary terms.
I think regardless of the figures, it all ends up to the report that many lives are destroyed because of this online cockfighting. That was the very important thing that the government considered as to why they halted the operation of the online cockfight. It's no secret that in news, those missing people that got
"hostage" related to that gambling are still nowhere to be found now. It's even unknown if those people are still alive today.
Yeah, I also played that game and loses a big amount already but I'm still me with no changes in behavior or fall into the trap of doing gambling. Unfortunately, not all people can handle their losses that's why they ended up in the worst situation.