Senator Alan Peter Cayetano welcomed reports online gambling transactions plunged by half after the Bangko Sentral ng Pilipinas (BSP) ordered e-wallet providers to take down gambling site links. Cayetano lauded the development days after senators grilled central bank officials during a Senate blue...
“As a policy, we don’t touch online gambling. It’s a prohibited category for us!” This was the clear-cut response from my former colleague in the banking and finance beat, Jay Tirona, now the chief executive officer of NTT DATA Payment Services Philippines. He said this at the launch of...
Globe Telecom Inc. is confident that the recent moves by regulators to lessen the involvement of e-wallets in online gaming will not affect the growth trajectory of its GCash business, which has a diversified revenue stream. In an interview on Monday, Aug. 18, Globe Telecom President and Chief...
The newly formed alliance of online gaming operators is warning that the recent move by the central bank to cut off easy access to gambling sites via e-wallets could backfire by pushing players into the unregulated black market. The PlaySafe Alliance of the Philippines, comprising 18 online gaming...
While Senator Erwin Tulfo commended the e-wallet firms for complying with the Bangko Sentral ng Pilipinas’ (BSP) 48-hour deadline since August 14 to remove the links of online gambling sites from their mobile applications, he emphasized that the fight against its accessibility is far from over. ...
BACOLOD CITY – A 30-year-old woman was recently arrested in Barangay Cabug here for embezzling around P900,000 from her former employer for online “sabong” or cockfighting. Police Capt. Glenn Montaño, head of Police Station 10, said the suspect worked in a virtual marketing company here for...
Senator Camille Villar has called for a thorough review of the regulations governing online gambling, citing its harmful effects on minors, low-income individuals, and the broader community. In a statement issued Thursday, Aug. 14, Villar emphasized the need to strengthen the regulatory framework...
E-wallets GCash and Maya will promptly remove all links redirecting users to online gambling sites in compliance with the Bangko Sentral ng Pilipinas’ (BSP) order to remove such links. In a statement late Thursday, Aug. 14, GCash said it would fully comply with the BSP’s directive that...
The Office of the Vice President (OVP) warned the public against an online cash aid scam using the office’s name or that of Vice President Sara Duterte. In a post on Facebook, the OVP said that there had been attempts to scam unsuspecting individuals by using the Vice President’s name....
Senators on Thursday, Aug. 14, became more determined to remove the convenience in accessing online gambling sites through e-wallet applications. The Bangko Sentral ng Pilipinas (BSP) has ordered e-wallet applications to remove, within 48 hours, all online gambling links that appear on their...
The Bangko Sentral ng Pilipinas (BSP) has ordered e-wallet applications to remove within 48 hours all online gambling links that appear on their respective platforms. The BSP gave this order on the day of the Senate hearing of the Committee on Games and Amusement on the paint of online gambling on...
Online cockfighting, or e-sabong, continues to operate illegally on unregulated gambling platforms despite a nationwide ban, according to a new study from Filipino-focused sociocultural research firm The Fourth Wall. The report, which examined key operational areas of regulated and unregulated...
