Chinese and Cambodian authorities have arrested almost 1,000 people suspected of engaging in online gambling, telecommunications fraud and gang crimes this year, according to information released by China’s Ministry of Public Security.
Taiwan is inching towards making online gambling, in all its forms, illegal and criminal. The government says that online gambling is behind many “social and family problems” in the country – as such, it plans to amend existing regulations to criminalize online gambling.
Briefly, the state has just dedicated itself to a significant turnaround. Prior to this he was the biggest proponent of transferring the tourism industry of Cambodia to Chinese gamblers–at the cost of Western backpackers ‘ traditional tourism industry.
Cambodia may walk back its decision to shut down its online gaming industry, risking the ire of closest regional ally China.
The Guangdong Club online gambling platform is humming as a stream of wagers placed in Chinese yuan flows through the portal.
The Thailand Computer Security Coordination Centre (ThaiCERT) said that about 3.3m Thai citizens’ personal information has been compromised and have been found in “foreign database systems which overlap with gambling websites.”
A recent government decision to stop issuing new online gambling licenses in Cambodia has many speculating that inflow of both capital and visitors from China will take a hit in the coming months.
Philippines President Rodrigo Duterte said that while he was not a fan of online gambling he was unwilling to ban the business, as China has called for, because of the harm that would do to the country’s economy.
‘’China is correct here. Cancel the POGO licenses on concerns of criminality and corruption. Gambling is illegal in China. This means that Chinese criminals run the POGOs here in the Philippines,” Pangilinan said.
Benjamin Diokno, Chairman of Anti-Money Laundering Council and Governor of National Central Bank, has announced that his team is being tasked to understand the financial impact if and when POGO or Philippines Offshore Gaming Operator sector is closed.