Philippines announces it will build hubs for online casinos

[The Buzz]

Online casino centers are under construction north and south of the Philippine capital to cash in on the booming gaming sector, the nation’s gaming regulator Andrea Domingo said in Manila last week.

From Bloomberg:

“POGO is legal and is here to stay,” Domingo said, referring to Philippine offshore gaming operators. The industry employs about 138,000 mostly Chinese workers in online casinos catering to gamblers from the mainland and is poised to surpass call centers as Manila’s top new office space user this year.

Oriental Group, one of the POGO operators licensed by the Philippine Amusement & Gaming Corp., is building hubs in Cavite City in the south and Clark City in the north, Domingo said. Those operating in hubs will get a five-year gaming license against the regular 3-year permit given to others, she said.

Oriental is investing 8 billion pesos ($156.5 million) for the 20-hectare POGO City in Cavite that can accommodate 20,000 workers, said General Manager Kevin Wong. The first phase in Clark will be about 10 hectares and can host 5,000 employees.

Read more here: https://www.bloomberg.com/news/artic...rnd=markets-vp

[Moonlight Cat]

Interesting news. I think the Philippines is one of the biggest offshore online gambling centers. Not sure, but i am not surprised if online gambling turnover in Philippines is more than in Malta or Curacao.