Emergency Meeting and Sudden Exit
AG, one of the biggest names in the Philippine gambling industry, has reportedly held an emergency internal meeting, instructing all employees to temporarily withdraw from Manila. Alongside this, AG confirmed the suspension of its popular casino “Dragon Gate.” This unexpected move has raised concerns that AG may be stepping back due to failed talks with the government.
Fate of 135 Detained Employees Unclear
The news has also put the spotlight back on 135 AG employees who were detained during a previous raid and are still being held in “Sunshine Prison”—a facility known for long detentions without trial. With AG now pulling back, many fear these workers could be left behind without support.
Confidence in the Industry Shaken
Manila has long been a hub for the gambling industry in Southeast Asia. If AG is truly leaving, it could signal trouble ahead. The exit may spark a wave of employee resignations, as workers fear becoming the next target. At the same time, investor confidence in the Philippine market may take a serious hit.
What’s Next for the Market?
While this news hasn’t been officially confirmed, it’s clear that the industry is entering a period of instability. Companies and workers still operating in the Philippines should stay alert and carefully assess the risks ahead.
