The booming Chinese-invested online casino industry in the Philippines is what keeps many people from the East nation. South Asia cannot understand it.
According to Rappler, with a degree in business administration from a leading Filipino university, Jake expects to get a job with the forte. He was recruited by an information technology (IT) company in Quezon and worked as a financial analyst. But the actual job is not what the company promises him.
Jake was tasked with inserting a USB or memory card into the computer and entering the code. “At first, I didn’t know what I was doing. But it turned out that I was paying the winners of online gambling games,” Jake said. He was completely unaware of the cash flow, or whether they came from Philippine financial institutions.
In addition to entering the code, Jake was tasked with finding Chinese players. He communicates directly with the player or through other affiliates. Players are mainly from China, but there are also Chinese customers from Taiwan, Hong Kong, Singapore and the US.
The company operates shady
Jake said the company he works with has about 200 employees, including Chinese and Filipinos. “You don’t need to speak Mandarin. You can use English, or Chinese, Filipinos fluent in Mandarin will translate for you,” Jake said.
According to Jake, the industry provides Filipinos with attractive job opportunities and income. Besides salaries, employees are awarded at least nearly $10,000 per year. Some Chinese managers earn more than $20,000, not counting bonuses.
On average, Chinese employees make between US $1,156 and US $1,348 per month. Filipino employees earn less but are still much higher than regular jobs.
In an interview with Rappler, Wei – a Chinese employee at another company – said he was promised by the employer to pay $2,000, but actually received only half.
Jake said the company’s website has some backups in case of being blocked by Chinese firewalls. Jake left the company after a few months because he was uncomfortable with the suspicious activity here.