Did you hear that Krabi is going to resume gambling?

I saw the news this morning, not sure if it's true or not.

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The potential restart of the gambling industry in the Philippines' Palawan has sparked heated discussions. Reports indicate that the region has been "consolidated" by specific forces, allowing gambling practitioners to possibly return to the area, with restructuring processes currently underway.

Also drawing attention is the former congressman Mike Defensor's collaboration with the Hong Kong-listed Century Entertainment International Holdings Limited to establish a joint venture in the Philippines, focusing on developing a local online gambling platform. According to Bilyonaryo, the partner holding a PAGCOR license is World Platinum Technologies Inc., with Defensor owning a 5% stake.

This move is seen by the industry as a clear signal of the "revival" of Palawan's gambling sector, with insiders revealing that several gambling companies are ready and just waiting for the restructuring to be completed before entering the market.

Although PAGCOR has not yet made a public announcement, if the project materializes, it is expected to boost local employment and may also trigger social discussions on gambling regulation and legality. Whether the resurgence of gambling represents an industry opportunity or a governance challenge remains to be observed.