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 Quezon City that raked in an estimated 5.33 trillion won (US$3.8 billion) between November 2018 and this year.
SRCSouth China Morning Post
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SAT · 2026-08-29 · 02:30 GMTBRIEF NSR-2026-0829-107065
NSR-2026-0829-107065·
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
Sam BeltranSouth China Morning PostFiled 2026-08-29 · 02:30 GMTRead · 1 min
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