In a shocking turn of events, Chinese offshore gambling workers in the Philippines are set to lose their visas as the industry collapses. The Philippines government announced that it will not be renewing visas for Chinese nationals working in the offshore gambling industry, effectively putting an end to their employment in the country.
The offshore gambling industry in the Philippines has been a lucrative business for Chinese nationals, who have flocked to the country in search of employment opportunities. However, with the government cracking down on the industry due to concerns over money laundering and illegal gambling activities, many Chinese workers are now facing the prospect of losing their jobs and being forced to leave the country.
The decision to revoke the visas of Chinese offshore gambling workers comes as a blow to the industry, which has been a major source of revenue for the Philippine economy. The industry has been estimated to be worth billions of dollars, with Chinese nationals making up a significant portion of the workforce.
Many Chinese workers who have been affected by the government’s decision are now scrambling to find alternative sources of income. Some are considering returning to China, while others are looking for employment opportunities in other countries.
The government’s crackdown on the offshore gambling industry has been met with mixed reactions. While some believe that it is a necessary step to combat illegal gambling activities, others are concerned about the impact it will have on the economy and the livelihoods of Chinese workers.
The Philippines government has not yet announced a timeline for when the visas of Chinese offshore gambling workers will be revoked, but it is expected to happen in the coming months. In the meantime, many workers are left in limbo, unsure of what the future holds for them.
The collapse of the offshore gambling industry in the Philippines is a stark reminder of the risks associated with working in such a volatile and controversial industry. As Chinese workers come to terms with the loss of their visas and their livelihoods, the future remains uncertain for many in this once-thriving sector.