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How the Philippines missed a Korean gambling racket worth US$3.8 billion

Global - Asia Archived August 29, 2026
How the Philippines missed a Korean gambling racket worth US$3.8 billion
The Philippines spent years dismantling Chinese-linked gambling compounds in dramatic, headline-grabbing raids.
But all the while, and with far less scrutiny, South Korean syndicates were building a parallel industry worth billions of US dollars – one that a spate of recent arrests suggests is still very much intact.
The most recent involved a 29-year-old Korean woman named Kim Young-sun, who authorities allege ran a network of 23 illegal online betting websites out of offices in Pasay and...
Source: South China Morning Post | https://www.scmp.com/rss/91/feed - Read Original
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