MANILA -- It has created 470,000 jobs. It contributes over $11 billion to the economy. It has even sparked a diplomatic clash with China. The strange thing is, nobody is sure who fully owns it.
Media & Entertainment
Shadowy operators power Duterte's offshore gaming boom
Lawmakers question value of online casino industry registered in tax havens
Of the 60 offshore gaming operators licensed to operate in the Philippines, over 80% are registered outside the country, mostly in the British Virgin Islands.
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