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

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’ .