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Philippine gaming lawyer warns proposed online gaming tax rises could aid black market

Regulation

A Philippine gaming lawyer, Tonet Quiogue, argued that proposed tax increases on online gaming could benefit the black market. She said licensed operators already face high levies; the item also notes that the central bank is moving to restrict online gambling transactions through rules for payment service providers.

Higher taxes and payment restrictions could affect the operating conditions of licensed online gaming firms in the Philippines.

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