Philippines, Cambodia in likely firing line for China online crackdown

There’s growing concern that China may launch a crackdown on the streaming of casino games into the country next year, potentially dealing a major blow to the booming industry in the Philippines and Cambodia. The issue was highlighted by Spectrum Gaming Group, an independent research and professional services company, as the second most important trend that the global gaming industry needs to monitor in the coming year in the 15th edition of its annual rankings. Specifically, Spectrum predicts that the “online gaming industry… will begin to face scrutiny from China and international regulators.” A lack of transparency and regulation makes it “impossible to assess the financial consequences of such a crackdown, according to Spectrum’s managing director, Fredric Gushin. “The law in China is clear relating to casinos and streaming and proxy betting from casinos in Macau, but what is happening elsewhere would seem to fly in the face of existing law and...

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