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Philippines bets on online casinos, e-cockfights as Chinese flee

Regulator opens up virtual betting, sparking concerns over money laundering

The Philippines is gearing up to expand its online gambling industry despite public wariness toward the industry. (Source photos by Akira Kodaka)

MANILA -- The Philippines is gearing up to expand its online gambling industry by opening up betting to local residents and domestic operators, targeting more overseas markets and offering new services including online cockfighting and horse racing.

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