Licensed online gaming operators push for regulation over ban

Licensed online gaming operators in the Philippines are advocating for stronger regulation rather than a complete ban on online gaming, warning that prohibition would drive players to unregulated black market sites.

In a joint statement, companies like World Platinum Technologies Inc. and AB Leisure Exponent Inc. stood united with PAGCOR and lawmakers for stronger regulation to keep Filipino players safe and the economy thriving.

They argue that banning online gaming or restricting payment channels would lead to severe negative consequences and that prohibition does not eliminate online gaming but rather removes existing safeguards.

The operators emphasized that players will continue to engage in online gaming, and the choice is between regulated, secure platforms and unregulated black-market sites.

These licensed operators highlighted their current stringent protective measures, including Know-Your-Customer protocols, multi-factor authentication, and age restrictions.

Additional safeguards mentioned are cross-referencing players against PAGCOR's National Database of Restricted Persons, self-exclusion tools, real-time monitoring for at-risk behavior, and advertising restrictions.

The statement was issued amid proposals for a total ban on online gambling, with Senator Juan Miguel "Migz" Zubiri filing a bill to mandate internet providers and platforms to block access to gambling websites within 72 hours upon notice.