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The move is aimed at reviving slumping gaming revenues, which could help President Rodrigo Duterte's administration bankroll the country's recovery from the coronavirus pandemic, which could potentially be a significant role on online casino Philippines Pagcor. Critics, however, say more safeguards are needed to ensure the industry -- which has been linked to money laundering and other financial crimes -- will be adequately policed as more betting moves online, find out more all about this and some more details on online casino Philippines Pagcor right now. The Philippines has seen a boom in foreigner-only online casinos in recent years, the bulk of them run by foreign operators targeting primarily Chinese gamblers, find out more all about this and some more details on online casino Philippines Pagcor right now. But the closure of national borders due to the coronavirus, along with Beijing's staunch opposition to gambling, has begun to take its toll on these companies, find out more all about this and some more details on online casino Philippines Pagcor right now. Threats of higher taxation by Manila and a recent bribery scandal have also hobbled the controversial industry, find out more all about this and some more details on online casino Philippines Pagcor right now. Bloomberry Resorts' $1.2 billion Solaire and another smaller casino have already been given permission to offer online betting, according to Andrea Domingo, chair and CEO of the Philippine Amusement and Gaming Corp, find out more all about this and some more details on online casino Philippines Pagcor right now., or Online casino Philippines Pagcor, the industry regulator, find out more all about this and some more details on online casino Philippines Pagcor right now. City of Dreams Manila and Okada Manila, two other multibillion-dollar casinos in the Entertainment City near Manila Bay, have sought approval to do the same, Domingo said during a recent webinar by Asia Gaming Brief, an industry information provider, find out more all about this and some more details on online casino Philippines Pagcor right now. In November, Online casino Philippines Pagcor also granted a unit of Philippine listed-DFNN a license to "offer remote gaming platform" that allows "a certain part of gaming take place in the privacy of the client's own home." Domingo said the move was aimed at recouping gaming revenues lost due to community quarantines, find out more all about this and some more details on online casino Philippines Pagcor right now. "With the pandemic, older people cannot play [because they] are not allowed to go out of their houses until recently," Domingo said, referring to the stay-home order for people aged 60 and older. "If they are able to do that, we will be able to get that market back and [it's] safer, find out more all about this and some more details on online casino Philippines Pagcor right now. Due to the pandemic, find out more all about this and some more details on online casino Philippines Pagcor right now. People are now going online," she added. As in Asia's gaming hubs of Macao and Singapore, casino revenues in the Philippines have tanked due to travel restrictions, find out more all about this and some more details on online casino Philippines Pagcor right now. Gross gaming revenues from land-based casinos as of September fell to 73 billion pesos ($1.52 billion), according to Online casino Philippines Pagcor. In 2019, GGR stood at a record 251 billion pesos, find out more all about this and some more details on online casino Philippines Pagcor right now. In addition to allowing more online betting, Online casino Philippines Pagcor is also looking at new offerings for overseas players, find out more all about this and some more details on online casino Philippines Pagcor right now. The regulator plans to roll out an online version of cockfighting -- a popular pastime in the Philippines -- primarily for players in South America. Online horse racing and dog racing are on the cards for the U.S. and U.K., respectively, find out more all about this and some more details on online casino Philippines Pagcor right now. "We are focusing on other countries beyond Asia, find out more all about this and some more details on online casino Philippines Pagcor right now. We might be able to penetrate the cockfighting arena in South America in one to two years from now," Domingo said in the AGB webinar. On top of boosting gaming revenues, shifting to a more domestic-focused online betting regime could help address other issues related to the current, Chinese-dominated model.

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