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Hontiveros wants e-wallets, super apps to also ‘self-regulate’ vs. online gambling
Senator Risa Hontiveros is urging e-wallet and super app companies to proactively self-regulate in response to the prevalence of online gambling.
Hontiveros highlighted that her office has received numerous appeals for assistance from individuals whose loved ones have suffered from addiction, incurred significant debts, and even died by suicide due to online gambling.
She noted that while large casino operators claim compliance with regulations, e-wallet and super app companies remain silent on claims that they facilitate easier access to online gambling.
The senator previously introduced the 'Kontra E-Sugal Act,' a legislative measure aimed at prohibiting online gambling sites from accessing e-wallets and super applications.
This proposed legislation seeks to address the challenges posed by technological advancements that often outpace existing laws in combating online gambling.
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See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
Senator Risa Hontiveros has filed the "Kontra E-Sugal Act" to ban online gambling access through e-wallets and super apps, aiming to safeguard Filipinos from its harmful effects.
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Senator Risa Hontiveros is calling for stricter regulations on online gambling due to its rapid growth and accessibility through mobile apps, which she believes is exacerbating addiction across the Philippines.
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Fintech Alliance Philippines is advocating for stronger regulations on online gambling to safeguard Filipino consumers.
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FinTech Alliance Philippines, representing over 130 corporate members including major banks and e-wallets, supports the Bangko Sentral ng Pilipinas' (BSP) enhanced measures to curb problems related to online gambling.
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A bill has been filed in the House of Representatives seeking to regulate online gambling platforms to combat worsening gambling addiction, particularly among the youth.
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