Philippines cracks down on China-centric online casinos

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Philippines cracks down on China-centric online casinos
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These online casinos have been attracting Chinese clients and have recently been linked to crimes.

The Philippine Amusement and Gaming Corp. has placed all existing online casino licensees and service providers under probation and will require them to reapply for permits, the regulator’s chairman Alejandro Tengco said, according to a copy of his July 13 speech in Macau sent to media Friday.

Online casinos found to be engaged in crime have been penalized, and their permits have been revoked, the official said. Further accreditations were also suspended, while existing operators will be subjected to new fees and stringent monitoring, he added.

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