Daily Asia Gaming eBrief: POGO workers aiming to disguise new illicit operations
Wednesday 27th of November 2024
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Good morning. You can run but…POGO operators are attempting to rebrand themselves and escape oversight by procuring the business process outsourcing (BPO) label, aiming to continue operations within the country under the radar. The recent crackdown has caused an outflow of operations to nearby countries, with operators profiting off of political instability. Meanwhile, in the big city, the real estate market is suffering from the POGO exodus, but cautious optimism still exists.
The Philippines is facing an uphill battle when it comes to shutting down offshore gaming operations in the nation. Despite its best efforts, both illicit and licensed companies are now shifting into a new space beyond the scope of the law. Some of these companies are relocating to easier pastures, with the lawlessness of the Golden Triangle calling out, flaunting law enforcements’ efforts.
Asia is the most populated continent on the planet and Football is the No. 1 sport in most countries. The World Cup qualifying matches are traditionally watched by billions of fans in the region, but FIFA has decided to reward Asia with a significant representation at the tournament only now.
Altenar, a leading sportsbook provider is bringing its global expertise to Asia, looking to expand its operations. Since 2011, Altenar has powered hundreds of online sports betting sites worldwide and is a major B2B provider in Europe and Latin America licensed markets.
Asia Gaming Brief is a news and intelligence service providing up to date market
information for worldwide executives on relevant gaming issues in Asia.