Categories: Social Media News

Philippines government to study economic impact of banning online gaming

The Bangko Sentral ng Pilipinas (BSP) and the Anti-Money Laundering Council (AMLC) are looking into the effects of offshore gaming operations in the country. BSP Governor said online gambling firms are not necessarily being used as money laundering conduits. Authorities are concentrating on real estate risks and their impact on the food industry. T
he Philippines’ anti-money laundering body is studying the scope of the country’s online gambling industry to determine the impact on the economy if …

 

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