Igaming8

Written in Chinese


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Phan 
Level Guard
2
 
Safer than South East Asia now because: 1, As long as your online casino operation is not targeting local then you are more likely being considered as 'BPO' rather than casino operator; 2, Dubai is an international business hub in middle east, it is diversified means that even you live in Dubai for a long time people think you are there doing business, the other way around, if you stay in Philippines for a long time people think you are definitely in casino industry; 3, Dubai - it is safer than most South East Asian countries, few crimes happened in daily life, even the gaming companies moved there are more compliant than the ones stay in South East Asia, gambling company staffs feel safe staying in Dubai; 4, A more convenient environment - more international restaurant, shops and entertainment that staffs can enjoy. So, yes it is safer than South East Asia. There is another important reason why they are moving to Dubai is it is way cheaper than Philippines! Although that Dubai is way better developed than Manila but when it comes to gamble industry especially online casino, locals didn't realize offshore gambling industry is a big cake yet, so no matter the landlord, restaurant, local government, tax and law administrators, or rental fee, license fee etc they are still cheaper than Philippines, this is why there are more and more casino operators move to Dubai. - My name is Phan, a Vietnamese casino media officer, only introducing the most trustworthy casinos stories to you. -
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Philippines government ≠ Philippines president ≠ Philippines senators What online and land-based casino brings to Philippines? Tourists, foreign investment, economy development and higher employeement rate: in 2019, online gambling contributes P551 billion (10 billion USD) to Philippine economy yearly. Philippines GDP of 2019 is 330 Billion USD, so gambling industry contributed 3% of its GDP. This only refers to DIRECT contribution, if you consider peripheral contributions and those underground gaming companies, it is definitely a shocking number. Look at following charts, it indicates the real-estate construction or rental market for gaming companies, it is huge, usually the rental fee for gaming companies can range from 30USD - 100USD/sqm/month. Other spending that gaming companies have to pay including: internet, FMCG, banking, entertainment and other spendings, most of the spending will go to Philippines market, taxes, license fee and most importantly - employeement rate. However, there is always another side of one story, what else brought to the country is robbery, kidnapping, tax evasion, this is exactly why some senators hate gambling industry, even president himself said he hates gambling but he also said he can only let gambling continue earlier this year, because of ecomomy consideration. FUTURE? Online gambling enterprises, mainly operated by foreigners, have resulted in an influx of Chinese workers in the country, many of them without working permits. Estimated yearly there are 200,000 - 300,000 Chinese employees in Philippines working in Gaming industry, since last year Chinese government started 'Return Advice' and 'push' Chinese employees return to China, this will result in a employee shortage situation and make some gaming companies cannot have enough workers, some of them already started to move to other countries, this will affect Philippines' economy. Having said this, it is not Philippines government 'push' gaming companies out of the country, it is these companies do not want to pay heavy taxes and their business cannot run smoothly upon Chinese government's pressure on gaming employees. This situation, in a short period, is not reversible, only huge and regulated gaming companies will sustain in Philippines, those unlicensed and underground companies will seek a new place to stay, recently, Ukraine, UAE.
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