MANILA -- The Philippines will stop issuing new licenses to offshore gaming operators amid fears that the online gaming boom enables large-scale money laundering and is exacerbating social problems in mainland China.
Media & Entertainment
Philippines halts new online casinos as China urges crackdown
Move follows similar action by Cambodia on Sunday
Offshore gaming is one of the Philippines' fastest growing sectors, employing around 350,000 people. (Photo by Cliff Venzon)
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