Asia Sentinel

Asia Sentinel

Beijing Threatens Philippine Offshore Gaming

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Asia Sentinel
Aug 14, 2019
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Beijing is growing increasingly disenchanted with the burgeoning online gaming industry in the Philippines, which is draining hundreds of millions of renminbi through underground banks and cross-border money laundries – even as the industry shows signs of growing into a mainstay for the Philippine economy.

Authorities in Beijing say the government plans …

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