π€ MACAU DAILY TIMES ζΎ³ιζ―ζ₯ζε ± Β» China crackdown on Philippine casinos to hit property shares
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MANILA, Philippines β Every midnight without fail, a white van unloads groups of Chinese online casino personnel βat the end of their shift.β.
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China urged the Philippines to stop its casinos from hiring Chinese citizens leasing,β said Rens Cruz, an analyst at Regina Capital in Manila.
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Observers earlier expressed apprehension over the influx of Chinese nationals working in the so-called POGOs, saying they were getting the jobs.
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Observers earlier expressed apprehension over the influx of Chinese nationals working in the so-called POGOs, saying they were getting the jobs.
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Categories Macau. Accept Read More. Necessary Always Enabled.{/INSERTKEYS}{/PARAGRAPH} The flow of Chinese gambling to Southeast Asia has meant slowing growth in Macau. Some online gaming websites offer punters wagers as low as 10 yuan and have round-the-clock live streams, making them easily accessible by lower-income Chinese in rural areas, who do not have the means to go to Macau. {PARAGRAPH}{INSERTKEYS}The Chinese embassy in the Philippines said in a statement that overseas gambling by Chinese is illegal, as is opening casinos overseas to attract Chinese citizens. Share This Post. Megaworld Corp. Related Posts. Meanwhile, shares of Belle Corp. China crackdown on Philippine casinos to hit property shares - Monday, August 12, - 10 months ago No Comments 2, Views. Leave this field empty. We'll assume you're ok with this, but you can opt-out if you wish. Cancel Reply Save my name, email, and website in this browser for the next time I comment. Save my name, email, and website in this browser for the next time I comment. Search for:. No Comments. Its shares fell 5. More than 50 Philippine Offshore Gaming Operators or POGOs have received licenses since , and the industry that caters mainly to overseas Chinese punters employs about , mostly Chinese workers.