While kidnappings and illegal immigration make for unwelcome headlines for the Philippines’ online gaming industry, what’s really driving recent departures from the country is the rising cost of doing business, especially during an economic downturn.
New Zealand’s SkyCity Entertainment Group has received a further $9.4 million (US$6.2 million) in wage subsidies to support employment during Covid-19, taking its total to $31 million, according to a local media report.
Tokyo prosecutors have arrested three corporate executives for allegedly offering money to a defendant in the 500.com bribery scandal to provide false testimony, according to local media reports.
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