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...
Senate Majority Leader Joel Villanueva has called on the Bangko Sentral ng Pilipinas (BSP) to intensify its regulatory efforts against online lending applications, which have been linked to the growing incidence of cybercrimes and the rise of online gambling in the country. In a recent statement,...
Senator Erwin Tulfo on Thursday, July 31, made a call to e-wallet corporations to initiate the removal of online gambling links on their platforms as a form of social responsibility. Tulfo, Chairperson of the Senate Committee on Games and Amusement, made the call ahead of the upcoming hearings on...
State-run Philippine Amusement and Gaming Corp. (Pagcor) reported a double-digit revenue increase to ₱59 billion in the first half of 2025, driven by a record ₱214.8 billion in gross gaming revenues (GGR) during the period. More than 90 percent or the bulk of Pagcor’s revenues came from...
Senator Erwin Tulfo is set to conduct a Senate investigation into online gambling, emphasizing that its ill effects outweigh its positive impact. "But if I can have it my way, kung akong tatanungin niyo personally, I want this online gambling stopped. Kung ako po masusunod, ora mismo dapat itigil...
The Philippine Amusement and Gaming Corp. (Pagcor) reported that integrated resort (IR) casinos experienced a decline in gross gaming revenues (GGR) in the first half of this year, despite the overall gaming industry recording significant growth. Pagcor Chairman and Chief Executive Officer...
Local think tank The Fourth Wall revealed that its recent study suggests that better regulations—not an outright ban—of the online gambling sector are needed to create a safer playing environment and prevent the proliferation of unregulated gambling platforms. The latest study by the...
All gambling-related advertisements have now been added to the list of items or categories subject to mandatory screening under the new agreement between the Philippine Amusement and Gaming Corporation (Pagcor) and the Ad Standards Council (ASC). Signed on Wednesday, July 16, the memorandum of...
The end simply doesn 't justify the means for Senator Joel Villanueva when it comes to online gambling. "We are destroying the moral fiber of our society. So hindi ko ho makita yung justification na kikita kasi ang pamahalaan versus the damages na ating nararanasan na po ngayon (So I...
Calling it an epidemic, Senator Raffy Tulfo is set to file a bill seeking a total ban on online gambling in the country. "Total stop, hindi yung (not just) strictly regulated. For me, it has to stop. Grabe na (This is too much)," Tulfo said in a press conference on Tuesday, July 15. He is set to...
Senator Joseph Victor “JV” Ejercito on Friday, July 11 lauded the Philippine Amusement and Gaming Corp. (Pagcor) for finally heeding lawmakers and the public’s call by ordering operators of online gaming platforms to immediately take down their billboards and other gambling-related...
