In a bold and unexpected move, Philippine President Rodrigo Duterte has issued an order to shut down all Chinese-run online gambling operations in the country, putting thousands of employees out of work. The decision, announced on Thursday, comes as part of Duterte’s ongoing efforts to curb illegal gambling and tackle corruption within the industry.
The online gambling industry, also known as Philippine Offshore Gaming Operators (POGOs), has exploded in recent years, attracting not only Chinese nationals but also a significant number of Filipino workers. The industry has been a major source of revenue for the Philippines, generating billions of dollars in annual revenue and providing employment opportunities for thousands of people.
However, concerns have been raised about the impact of online gambling on society, with critics arguing that it has led to a rise in crime, money laundering, and other social issues. Duterte has long been an outspoken critic of the industry, calling it a “source of corruption” and vowing to crack down on illegal gambling activities.
The decision to shut down Chinese-run online gambling operations is seen as a major blow to the industry, as Chinese nationals make up a large portion of the workforce in POGOs. The move is expected to have a significant impact on the economy, as thousands of workers will be left without jobs.
In a statement, Presidential Spokesperson Salvador Panelo said that the decision was made in the interest of national security and public welfare. He added that the government would work with law enforcement agencies to ensure that all illegal gambling activities are shut down.
The announcement has been met with mixed reactions, with some lauding Duterte for taking a tough stance on illegal gambling, while others expressing concern about the impact on the economy and the livelihoods of thousands of workers. The shutdown of Chinese-run online gambling operations is expected to take effect immediately, with officials warning that those who fail to comply with the order will face legal action.
As the situation continues to unfold, it remains to be seen how the closure of Chinese-run online gambling operations will impact the economy and the lives of those who have been employed in the industry. Duterte’s decision is a clear signal that he is serious about tackling illegal gambling activities in the country, but the long-term consequences of this move remain uncertain.