Philippines allows China-centric online casinos to restart

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Philippines allows China-centric online casinos to restart
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MANILA: The Philippines has allowed online casinos targeting Chinese gamblers to partly resume operations amid a lockdown on the main Luzon island.

"The decision was reached with the intention of helping the national government raise necessary funds to combat the Covid-19 pandemic,” the Philippine Amusement & Gaming Corp said in a statement on Saturday .

The gaming agency requires Philippine offshore gaming operators, or POGOs, to remit 2% of their gross gaming revenue as regulatory fees.

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