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DigiPlus seeks dialogue on proposed online gambling ban
DigiPlus Interactive Corp., operator of online gaming platforms like BingoPlus, has warned that a proposed crackdown on the sector could lead to significant job losses for Filipinos.
The company estimates that a total ban would immediately jeopardize over 3,000 direct jobs and approximately 50,000 indirect jobs within its online gaming ecosystem.
These affected jobs span various fields, including IT, call center operations, cybersecurity, software development, multimedia artists, security personnel, and housekeeping staff.
DigiPlus is advocating for a fair and fact-based dialogue with lawmakers, emphasizing that a blanket ban might drive players to illegal, unregulated platforms.
Chairman Eusebio Tanco expressed the company's willingness to adapt and meet new standards to protect players, urging legislators not to penalize the entire industry without understanding the facts.
The Department of Health views online gambling as a health issue, and President Ferdinand "Bongbong" Marcos Jr. is studying the potential effects on Filipinos' health and the economy.
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DigiPlus Interactive Corp. supports stricter, "smart and balanced" regulations for the online gaming industry to protect players and maintain economic benefits.
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DigiPlus Interactive Corporation, operator of online games BingoPlus, ArenaPlus, and GameZone, is urging lawmakers to reconsider a complete prohibition on online gambling and instead advocate for enhanced regulations.
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DigiPlus Interactive Corp. experienced its second-worst day on record on Wednesday, with its stock price dropping 20.4% due to fears of a potential ban on online gambling.
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Senators Loren Legarda and Raffy Tulfo have filed separate bills seeking a nationwide ban on online gambling and its promotion, citing negative social impacts, particularly on minors.
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CitizenWatch Philippines advocates for stronger regulation over a complete ban on online gambling, arguing that prohibition could lead to more issues.
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