casinos to suspend operations<\/a> late last month.<\/p>\nThough he’s easing quarantine requirements effective today, and allowing certain nonessential businesses to reopen, casinos and resorts are not included. Instead, they will remain shuttered through at least April 30.<\/strong><\/p>\n“Casinos, horse racing, cockfighting and operation of cockpits, lottery and betting shops, and other gaming establishments except for the draws conducted by the Philippine Charity Sweepstakes Office” must remain closed, a statement from the Philippines Inter-Agency Task Force on Emerging Infectious Diseases declared.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"The International Monetary Fund (IMF) says casinos in the Philippines remain susceptible to be used to launder money. In the IMF’s Financial System Stability Assessment of the country, the international financial institution concludes that the Philippines government and its ever-expanding gaming industry must do more to prevent money laundering inside its casinos. The IMF report […]<\/p>\n","protected":false},"author":25,"featured_media":170316,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069],"tags":[],"acf":[],"yoast_head":"\n
IMF Expresses Money Laundering Concerns for Philippines<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n