Duterte’s Anti-Gambling Campaign Sends Bingo Company Tumbling

  • Shares in Leisure & Resorts World plummet most in eight years
  • Online bingo operator’s license won’t be renewed: regulator

Philippine President Rodrigo Duterte.

Photographer: Noel Celis/AFP via Getty Images

The Philippines’ largest operator of electronic bingo games has become the latest victim of President Rodrigo Duterte’s campaign to eradicate online gambling.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.