BUSINESS● LOWAug 29 · Aug 29, 2026, 2:30 AM
How the Philippines missed a Korean gambling racket worth US$3.8 billion
South China Morning Post · east asia
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...
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