How Online Gambling Took Hold Of Philippines And Indonesia: Will The Crackdowns Help? | Insight
In the last decade, online gambling has steadily grown in Southeast Asia. It is currently worth between USD800 million to 1.2 billion. Some countries, like the Philippines, actively pursued a piece of the lucrative gambling pie, legalising and promoting virtual casino operations known as POGOS. Yet, online gambling has left many punters in debt. It has also been associated with illicit activities like money laundering and human trafficking.