IFLR: “Philippines: Illegal gambling regulation”
August 22, 2017
The June 2017 issue of the International Financial Law Review (IFLR) included an article by SyCipLaw partner Maria Jennifer Z. Barreto entitled, “Philippines: Illegal gambling regulation”. In the article, Ms. Barreto discussed the salient points of Executive Order (EO) No. 13, published on February 2, 2017, which aims to strengthen the Philippine government’s fight against illegal gambling. EO No. 13 mandates relevant law enforcement agencies to coordinate on campaigns against illegal gambling, and clarifies the territorial jurisdiction of government authorities that issue licenses for gambling and online gaming facilities.
Maria Jennifer Z. Barreto is a member of the firm’s special projects; banking, finance and securities; and employment and immigration. Her expertise in M&A and financing cover energy, mining, banking, gambling, manufacturing and business process outsourcing sectors. Ms. Barreto executed the transaction of the joint venture investment by a leading conglomerate in the Philippines and Genting Hong Kong in Resorts World Manila hotel, casino entertainment and integrated resort complex.
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