Cornelio-Pronove listed all the factors that could potentially slow down the growth of the POGO industry. What’s telling is that a temporary restriction on new licenses didn’t rank top of the list. “The main factor of POGOs growth in the office market will always be grounded in the ‘office supply.’ POGO sector is expected to slow down next year because of the limited available supply in the Bay Area,” she said, referring to the area around Entertainment City.
Online sites such as Emu Casino and FairGo Casino, which operate out of the small Caribbean island nation of Curacao and are deliberately branded to appeal to an Australian market, will be among the first to be blocked.
China will focus on investigating and cracking some major cases, including those of organizing gambling overseas and opening online gaming, and will destroy networks of criminal organizations involved in recruiting gamblers from China by overseas casinos and using the Internet to open casinos in China.
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
Chinese companies and individuals in the Philippines will be “punish in accordance with Chinese law” for any involvement in illegal gambling