Good Morning: Upping the ante. Following the Philippines’ exit from the FATF’s grey list, compliance demands for regulators will increase. In an interview with AGB Chuan Wee Lye from Sumsub highlights the need for operators to enhance their Know Your Customer (KYC) and Anti-Money Laundering (AML) practices to align with national regulations. Meanwhile in Thailand, a recent poll has shown that most Thai citizens have concerns about the government’s proposed entertainment complex policy. At the same time Indian authorities have intensified their crackdown on illegal offshore online gaming by blocking 357 websites and 2,400 bank accounts linked to these entities.
What you need to know
- Post-FATF grey list removal, the Philippine gaming sector faces heightened regulatory demands, requiring tech-driven compliance for sustained stability.
- Poll reveals majority of Thais concerned about social and security risks tied to proposed casino complex policy.
- Indian authorities blocked some 357 illegal gambling websites and 2,400 bank accounts linked to these entities in a recent crackdown.
On the radar
- Blacklisted Chinese nationals linked to POGO Lucky South 99 arrested.
- Macau visitor arrivals decline for the first time post-COVID reopening.
- Chinese tour groups to have visa-free entry to South Korea from 3Q25.
- Resorts World Las Vegas to pay out $10.5M settlement to Nevada over AML.
AGB Intelligence
PHILIPPINES
Philippine gaming adapts to new compliance post-grey list exit
The Philippine gaming industry, having recently exited the FATF’s grey list, faces heightened compliance demands as regulators increase oversight. Chuan Wee Lye from Sumsub highlighted the necessity for operators to enhance their Know Your Customer (KYC) and Anti-Money Laundering (AML) practices to align with national regulations, emphasizing the role of technology in improving security and detecting suspicious activities. While the industry celebrated its grey list exit in February 2025, new uncertainties emerged from a Senate proposal to review the Inland Gaming Operators sector, which aims to address potential societal harms.
Industry Updates
- Spintec wins Best ETG Solution at the Asia Gaming Awards.
- 1xBet introduces grand Indian League Carnival competition.
- Stats Perform becomes Concacaf’s official data partner.
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