Online gambling has grown into a multi-million dollar industry in the country although government-licensed operators are supposed to cater to offshore market.
However, a booming “illegal” online gambling has become a big part of this sector, operated by a well-entrenched syndicate without the necessary permits from the gambling regulatory bodies, namely the Philippine Amusement and Gaming Corporation (PAGCOR) and the Cagayan Special Economic Zone Authority (CSEZA).
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