While the European scene for online casino gaming appears to become a touch more serene than it was recently, Asia is still enduring rather than enjoying an online gambling expansion. One of the biggest feuds at the moment stems from China and the Philippines. The two nations have been at loggerheads over the Philippines decision to allow online gambling.
China, meanwhile, is a touch more hard-line. They have since asked the president of the country, Rodrigo Duterte, to get rid of the online gambling plan that is in place. While not a fan of it himself, he says that it brings in a lot of money into the company. It was regulated in 2016 and has since become a mainstay as part of the Philippines economy. However, the only reason it was allowed is due to a lack of employment opportunities. They were strict about the need to pay fees and taxes fairly, however.
According to information from Philippine-based outfit Rappler, though, the majority of those who are employed in the online casino industry in the country is actually Chinese. It is believed, though, that as much as $617m per year could be lost due to taxation not being covered thanks to misreporting of income on the taxes of foreign workers.
China hopes that they will crack down further on the industry due to this and try to help China as they try to combat cross-border gambling. At the moment, though, that does not appear to be the case.