{"id":777028337,"date":"2025-06-26T08:57:38","date_gmt":"2025-06-26T11:57:38","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777028337"},"modified":"2026-04-21T21:32:37","modified_gmt":"2026-04-22T00:32:37","slug":"philippine-lawmakers-work-on-measure-to-limit-the-use-of-e-wallets-in-online-gambling-platforms","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/philippine-lawmakers-work-on-measure-to-limit-the-use-of-e-wallets-in-online-gambling-platforms","title":{"rendered":"Philippine lawmaker works on measure to limit use of e-wallets for online gambling"},"content":{"rendered":"\n<p>Representative Jonathan Keith Flores says he will draft a bill on the issue.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.- A lawmaker is proposing measures to limit the use of e-wallets on online gambling sites and apps. According to Rep. Jonathan Keith Flores, the growing accessibility of e-wallets in gambling apps has made it \u201calarmingly easy to top up and continue betting.\u201d<\/p>\n\n\n\n<p>Flores said he is still researching the issue to determine which agencies should be involved and what penalties should be imposed. He said his bill would focus on imposing stricter regulations and safeguards on digital financial services rather than a complete ban on the use of e-wallets in gambling apps. He called on the central bank, Bangko Sentral ng Pilipinas (BSP), and the Securities and Exchange Commission (SEC) to review the role of e-wallet providers in enabling gambling access.<\/p>\n\n\n\n<p>\u201cLet\u2019s make it harder to gamble, not easier,\u201d said Flores to DZMM. \u201cE-wallets should not serve as easy gateways to gambling apps. Their platforms are being used, whether they admit it or not, as channels of addiction.\u201d<\/p>\n\n\n\n<p>Meanwhile, Rep. Rolando Valeriano is seeking a stricter approach. He called on the Philippine Amusement and Gaming Corporation (PAGCOR) and the Games and Amusements Board (GAB) to cancel the licences of online gambling operators and said the Bangko Sentral ng Pilipinas should prohibit any electronic payment systems and e-wallets from being used for online gambling.<\/p>\n\n\n\n<p>Earlier this week, Nicasio Conti, a former commissioner of the Presidential Anti-Graft Commission (PAGC) and current CEO of Capstone Intel Corporation, called for the government to implement a <a href=\"https:\/\/focusgn.com\/asia-pacific\/philippines-urged-to-ban-online-gambling-ads\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/philippines-urged-to-ban-online-gambling-ads\" target=\"_blank\" rel=\"noreferrer noopener\">nationwide ban on online gambling advertisements<\/a>.<br><\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/04\/iStock-1125111981-1024x703-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/philippine-anti-offshore-gaming-bill-passes-third-reading'>Philippine anti-offshore gaming bill passes third reading<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Representative Jonathan Keith Flores says he will draft a bill on the issue.<\/p>\n","protected":false},"author":226,"featured_media":16906,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Philippine lawmakers are proposing new measures to regulate the use of e-wallets in online gambling, citing concerns over ease of access and potential addiction. While Rep. Jonathan Keith Flores advocates for stricter safeguards on digital financial services, Rep. Rolando Valeriano seeks a more stringent approach, including potential license cancellations for operators and a complete prohibition of e-wallets for online gambling by the Bangko Sentral ng Pilipinas. This legislative push signals a tightening regulatory environment for the iGaming sector and its payment infrastructure in the Philippines.","focusai_entities":"Jonathan Keith Flores, Bangko Sentral ng Pilipinas, Securities and Exchange Commission, Rolando Valeriano, Philippine Amusement and Gaming Corporation, Games and Amusements Board, Nicasio Conti, Presidential Anti-Graft Commission, Capstone Intel Corporation","focusai_location":"The Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.95), operator_casino (1.0), product_ux (0.75), tech_data (0.7), marketing_crm (0.7), payments_fraud_aml (1.0), investor_analyst (0.9), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on GGR","query":"What is the projected impact on the Philippines' online gambling Gross Gaming Revenue (GGR) and Net Gaming Revenue (NGR) if e-wallet restrictions are implemented, considering current payment method market share?"},{"label":"Regulatory Framework Evolution","query":"How might the Bangko Sentral ng Pilipinas (BSP) and Philippine Amusement and Gaming Corporation (PAGCOR) reconcile differing legislative proposals to establish a unified and enforceable regulatory framework for digital payments in iGaming?"}],"footnotes":""},"categories":[24628,154,16333],"tags":[225,24804],"class_list":["post-777028337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlight-of-the-week","category-legislation-news","category-south-east-asia-news","tag-legislation","tag-the-philippines"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777028337"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028337\/revisions"}],"predecessor-version":[{"id":777028341,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028337\/revisions\/777028341"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16906"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777028337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777028337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777028337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}