Having become quite the hot spot for gambling in the Asian region, the Philippines are getting a new gaming jurisdiction. It will be launched in the Aurora province, located within the Aurora Pacific Economic Zone and Freeport Authority (APECO), which is in Luzon, the nation’s main island. The Aurora province is underdeveloped economically, and this new gaming … Read more
Gambling has been used as a tool for money laundering for a very long time. The basic idea is that you have money that you don’t want people to know the source of, particularly government organizations. To facilitate that, you gamble with the money over several times, sometimes losing it to a confederate or at … Read more
Andrea D. Domingo, the recently appointed chairman of PAGCOR, has brought the issuing of online gambling licensed in the Philippines to a halt in response to concerns expressed by the nation’s new President Rodrigo Duterte. The President apparently was aware of the dramatic increases in e-bingo machines, internet gambling terminals and e-gaming cafes during the presidency … Read more