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China-Centric Online Casinos Exit Philippines Due to Virus Curbs

  • About 30 online casinos have shut: Philippine gaming chief
  • Vietnam, Malaysia, Myanmar may be their next hubs: Domingo
Images of Kangwon Land Properties And General Views Of Sabuk
Photographer: SeongJoon Cho/Bloomberg
Updated on

About half of the more than 60 online casinos in the Philippines have permanently shut due to coronavirus restrictions, affecting as many as 30,000 foreign workers, the nation’s gaming agency chief said.

The Philippine Amusement & Gaming Corp. expects its gaming revenue to drop to as low as 16 billion pesos ($330 million) this year from about 30 billion pesos in 2020 as strict movement curbs in the capital region remain, Chairman Andrea Domingo said in a virtual briefing.