Philippine President Ferdinand Marcos Jr.
has ordered an immediate shutdown of the Chinese-run online gambling industry, which employs thousands in the country. This decisive move comes amid concerns that these operations have been linked to a variety of crimes, including financial scams and money laundering. The industry, which flourished under Marcos' predecessor, Rodrigo Duterte, primarily catered to Chinese gamblers.
This crackdown marks a significant policy shift and aims to address the negative social and economic impacts associated with online gambling.
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Philippine president orders shutdown of Chinese-run online gambling outfits employing thousands.
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,
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