Malaysia had committed to invest US$1.1 billion in 2013, but recently decided to nearly double this amount.
The gaming hub is ignoring poor results and betting on improving its position as more brands are investing on the City.
Senator Teofisto Guingona III invited a number of witnesses to testify before the Senate after Kim Wong shed some light on the investigation and returned a portion of the stolen funds.
The Philippine Amusement and Gaming Corporation said casinos are not the easiest venue for criminals to launder funds.
The month’s results shows a disheartening 16.3 percent fall in gambling revenue in the Asian gambling hub.
The police forces arrested 16 Thai citizens for allegedly running gambling sites which made around Bt100 million (US$2,846,046) a month.
Paulo Martins Chan, the new director of the Gaming Inspection and Coordination Bureau in Macau believes the worst is now over for the city’s gaming industry.