Philippines frontrunner in Asian online gambling

    Published in: Latest IntelligenceThe country’s sales pitch has gotten a boost from its skilled, multilingual and low-cost labor force, tax incentives and improving telecommunications infrastructure While there are some 80 jurisdictions globally that license online gambling operators in some fashion, in Asia there is virtually only one which companies consider: the Cagayan Special Economic Zone in the northeast tip of the Philippines. That is partly a function of limited choice. Online gambling is illegal or restricted to offerings from traditional operators, such as lottery monopolies, in most of Asia, leaving few options for operators seeking the credibility of a legitimate license to serve customers around the world. But the Philippines’ sales pitch has also gotten a boost from its skilled, multilingual and low-cost labor force, tax incentives and improving telecommunications infrastructure. “The Philippines has embraced the industry and have rightly reaped the reward of attracting business and therefore creating jobs and investment,” says...

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