back to article Philippines wipes out its legit online gambling industry to take down scammers

The Philippines has decided to dismantle the worst of its offshored industries: the bits that run gambling and scam operations. President Ferdinand "Bongbong" Marcos Jr on Monday Xeeeted instructions to the country's gaming agency, Philippine Amusement and Gaming Corporation (PAGCOR), to "wind down and cease operations" of …

  1. UnknownUnknown

    Bad for everyone

    Gambling whether on-line or physical has no good outcome for anyone. It’s a stupidity tax.

    1. Phil O'Sophical Silver badge

      Re: Bad for everyone

      > no good outcome for anyone

      Except the ones running the casino, of course.

      1. GraXXoR

        Re: Bad for everyone

        You know that casinos can go bankrupt, too... (Just ask Donald.)

        But seriously, the whole concept of gambling is shady af... especially electronic gambling... that stuff reeks of scam.

    2. Anonymous Coward
      Anonymous Coward

      Re: Bad for everyone

      I came to post something similar:

      There's no such thing as a "legit" gambling industry.

  2. sitta_europea Silver badge

    Oh, come on, *some* people make a fortune out of it...

    https://en.wikipedia.org/wiki/Denise_Coates

    https://en.wikipedia.org/wiki/Bet365#Regulatory_Non-Compliance

    https://en.wikipedia.org/wiki/Bet365#Refusal_to_Pay

    https://en.wikipedia.org/wiki/Betfair#Winning_bets_voided

    https://en.wikipedia.org/wiki/Betfair#Illegal_dividends

    https://en.wikipedia.org/wiki/Betfred#Regulatory_action

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