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Philippine president shuts down Chinese-run online gambling industry

Philippine president shuts down Chinese-run online gambling industry

By Jim Gomez | Associated Press MANILA, Philippines — President Ferdinand Marcos Jr. on Monday ordered an immediate ban on widespread and mostly Chinese-run online gaming operations in the Philippines, accusing them of venturing into crimes, including financial scams, human trafficking, torture, kidnappings and murders. His move to ban the Chinese-run online gambling outfits —...

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Philippine president orders shutdown of Chinese-run online gambling outfits employing thousands.

Philippine president orders shutdown of Chinese-run online gambling outfits employing thousands.

MANILA, Philippines (AP) — President Ferdinand Marcos Jr. on Monday ordered an immediate ban on widespread and mostly Chinese-run online gaming operations in the Philippines accusing them of venturing into crimes, including financial scams, human trafficking, torture, kidnappings and murders. Marcos also said in his state-of-the-nation address that the Philippines would press efforts to strengthen...

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Illegal betting app operators shifting base from Dubai to Sri Lanka

Illegal betting app operators shifting base from Dubai to Sri Lanka

In response to increased scrutiny on the online gambling empire Mahadev in Dubai, illegal betting rings are reportedly shifting operations to Sri Lanka. The move comes as Dubai faces a heightened investigation into online gambling activities, prompting some operators to seek refuge in the more benign and affordable environment of Sri Lanka. Offshore call centres...

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China and Philippines collaborate to repatriate offshore gambling suspects

China and Philippines collaborate to repatriate offshore gambling suspects

Law enforcement agencies from China and the Philippines have sent back over 160 Chinese nationals involved in offshore gambling activities in the Philippines. The joint operation, announced by the Chinese Embassy in the Philippines, highlights the commitment of both nations to address various crimes associated with the offshore gambling industry, including fraud and kidnapping. As...

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China Online Gambling Market Overview, Industry Growth Rate, Research Report 2024-2032

China Online Gambling Market Overview, Industry Growth Rate, Research Report 2024-2032

China Online Gambling Market Latest Report 2024-2032 BROOKLYN, NY, USA, May 3, 2024 /EINPresswire.com/ — IMARC Group, a leading market research company, has recently released a report titled “China Online Gambling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the China online gambling...