Chinese Embassy Ready to Assist Gambling Tycoon Jack Lam

Mainland China has said it is prepared to offer consular assistance to a local gambling junket magnate Jack Lam following an order for his arrest by Philippine authorities and its President last week.

Rodrigo Duterte has accused Lam of sabotage and bribery as he undertakes a massive crackdown on the Philippines illegal gambling sector.

Lam has reportedly been told he can continue operating his business in the country if he apologised for bribing an official and paid the correct taxes, Reuters reported.

“On the condition that he lets go of the original contract ... Just pay taxes, don’t bribe anybody,” the agency quoted the President as saying to reporters.

Lam has been operating online gambling businesses at a former U.S. air force base without a license, the justice department in the Philippines indicated.

- Aaron Goldstein, Gambling911.com