Inquirer
Pagcor open to stricter regulations vs online gambling
The Philippine Amusement and Gaming Corporation (PAGCOR) is open to stricter regulations on online gambling and will abide by laws passed by Congress.
Several lawmakers have filed bills proposing tighter rules, including a ban on using e-wallets for online gambling transactions.
Senator Sherwin Gatchalian's bill also seeks to increase the online gambling age restriction to 21, impose a minimum bet of P10,000, and a top-up limit of P5,000.
PAGCOR affirmed its commitment to collaborating with other agencies to combat illegal online gaming.
The Department of Information and Communications Technology (DICT), in coordination with PAGCOR, has already removed 7,000 unauthorized online gaming sites.
The Cybercrime Investigation and Coordinating Center (CICC) is also working with PAGCOR and the Philippine Charity Sweepstakes Office (PCSO) to take down illegal online gambling sites, with CICC having 150 more sites pending PAGCOR verification for blocking.
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Philippine Amusement and Gaming Corporation (PAGCOR) Chairman Alejandro Tengco opposes a total ban on online gambling, warning of significant revenue losses for the government.
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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.
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Senators Pia and Alan Peter Cayetano have filed a bill proposing a ban on all forms of online gambling in the Philippines, citing its addictive nature and association with criminal activities.
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PAGCOR has mandated the immediate removal of all gambling-related billboards and out-of-home advertisements across the Philippines.
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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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