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Philippines: online gambling necessary to boost economy (Sabong News)

Philippines: online gambling necessary to boost economy
Date JULY 08 2021
The Philippine president, Rodrigo Duterte, has said that he allowed online gambling because the country needs money to recover from the Covid-19 pandemic. The Philippines.- Last year, three operators in Manila were granted licences to develop  . Now, the Philippine president, Rodrigo Duterte, has explained why he took the decision to allow the move. According to the Philippine News Agency, Duterte said: “We don’t have money… Now that we need money, .” In May, PAGCOR reported that   was mainly due to the impact of Covid-19 restrictions. The possibility of  has resurfaced in recent weeks after the House of Representatives approved the creation of the  as a government-owned and controlled corporation (GOCC). However, the bill was , local government units, stakeholders and some congressmen who want to protect the island’s environment. , chairman of the Boracay Inter-Agency Rehabilitation Management Group, said: “The problem of Boracay is one of over-tourism and overdevelopment.  “What we need in terms of sustaining the rehabilitation and ecological sustainability of the island is  .” In June,   granted permits to four e-sabong firms to operate in the country. PAGCOR hopes to grant permits for six   as  has rocketed in the Philippines since  . The Philippines’ .

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