E1 Race Finale
Home Gaming News Duterte and Xi talk about gambling

Duterte and Xi talk about gambling

by [email protected]
Rodrigo Duterte

The President of the Philippines, Rodrigo Duterte, and Chinese President Xi Jinping are poised to discuss matters related to cross-border gambling.

Mr Dominguez said that he was certain that the Philippine side would be addressing the issues raised by a recent statement by the Chinese embassy in Manila.

That was a reference to a strongly-worded statement issued on August 8 by the Chinese embassy. The document said that “the fact that the Philippine casinos and POGOs [Philippine Offshore Gaming Operators] and other forms of gambling entities are targeting Chinese customers has severely affected” China’s interests.

“[A] huge amount of Chinese funds has illegally flown out of China and illegally into the Philippines, involving crimes such as cross-border money laundering through underground banking, which undermines China’s financial supervision and financial security,” the Chinese embassy’s statement said.

President Duterte is to visit China later this month. It is expected that during the visit he will meet with President Xi.

The exact dates of President Duterte’s trip to China have yet to be officially announced.

The Chinese embassy’s statement followed remarks made by an official from the Philippine Amusement and Gaming Corp (Pagcor) to local media, saying Chinese nationals employed by POGOs would be transferred to “self-contained” communities within the Philippines.

The move, according to Pagcor vice president for offshore gaming Jose Tria, was to limit interaction between locals and foreign workers, and a means to make it easier for the local government to monitor the operations of POGOs. A number of these operations include online casinos that cater to overseas punters.

The plan proposed by Pagcor – the country’s gaming regulator – has also raised eyebrows among politicians in the Philippines, with some casting doubt on the legality of the proposal.

Read More

You may also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. OK