Kambi under investigation in the Philippines
Firm strongly denies any wrongdoing as the Philippines National Bureau of Investigation opens a case into "illegal gambling activities"
Sportsbook platform provider Kambi strongly denied any allegations of wrongdoing after revealing it is being investigated by authorities in the Philippines over alleged “illegal gambling activities”.
In a statement released this morning, the firm said it had been served notice of an ongoing investigation by the Philippines National Bureau of Investigation (PNBI), but said it was confident there were no activities occurring which are contrary to law.
Kambi’s Manila operation provides some back-office functions for its sportsbook platform and the firm is a member of the government-run Philippines Economic Zone Authority, which Kambi said incentivises businesses “on a fully transparent basis” to run operations in the county.
“Kambi complies with local laws and applies consistent global policies for its group operations to abide by,” the statement said.
“Kambi has immediately implemented business continuity measures in accordance with its internal group policies to ensure cover for the services provided by its Manila operation,” it added.
News of the investigation comes less than a year after William Hill was forced to temporarily close its Manila office while the PNBI carried out a similar investigation.