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Online Betting Firms Get a Ban on Philippines

25 Apr 2017

Online betting firmsThe gambling industry got another blow in  Philippines, after the authorities banned a bunch of online gaming firms from operating in any of the accredited sites across the country, as the country’s media reported. The Philippine Economic Zone Authority was the one to take this really harsh decision, after the meeting with the representatives of the Business Process Outsourcing association.

Glimpse of the Philippines Market

We should note that until now, there are over 100 online gambling related businesses in Metro Manila and their operation is now in stakes of course. Moreover, Philippine Economic Zone Authority have confirmed that the ban also applies to any businesses engaging in technical support for online gaming firms. The reactions from the gambling operators are expected within the next few days.

Philippine Economic Zone Authority Director General, Mrs Charito Plaza commented on the ban: «After meeting with the PEZA board and the BPO association, we reached a consensus that we will not allow because first, gambling is not a mandate of PEZA. Second, allowing it might affect operations of our legitimate BPO locators. Since PEZA board will not allow online gaming, they (building owners) should stop allowing the lessee to occupy the accredited buildings. We do not want to ruin the image of the legitimate BPOs locating in our sites».

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