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Legislation

Philippine Central Bank Directs Banks and E-Wallets to Eliminate In-App Gambling Access

Friday 15 de August 2025 / 12:00

2 minutos de lectura

(Manila).- The Bangko Sentral ng Pilipinas (BSP) has instructed financial institutions to eliminate any links that enable in-app gambling access from their payment applications and websites.

Philippine Central Bank Directs Banks and E-Wallets to Eliminate In-App Gambling Access

Deputy Governor Mamerto Tangonan revealed the directive earlier in the day during a Senate committee hearing.

BSP-supervised institutions—including e-wallet providers, banks, and other financial entities—have been given 48 hours, or until the end of Saturday, 16 August 2025, to comply.

According to the BSP memo, “Suspended in-app gambling access includes any product, service, or feature that redirects an account holder to a gaming or gambling site.”

The central bank explained that the measure was prompted by “a surge in online gambling transactions and its impact on the financial well-being of consumers and their families, as well as the wider social costs.”

The suspension will remain in effect until the BSP finalizes its policy on online gambling payment services.

Categoría:Legislation

Tags: Sin tags

País: Philippines

Región: Asia

Event

G2E - Las Vegas 2025

06 de October 2025

CT Interactive on Innovation, Networking, and Market Growth at G2E 2025

(Las Vegas, SoloAzar Exclusive).- The global gaming industry marked G2E’s 25th anniversary with a major gathering in Las Vegas. CT Interactive stood out for its innovative product development and international growth strategy. Account Manager LATAM at CT Interactive, Roberto Muñoz, shared insights on G2E’s importance, emerging trends, and the company’s collaborative expansion efforts.

Thursday 30 Oct 2025 / 12:00

Atlaslive Explored the Future of Gaming in Latin America at Recent G2E 2025

(Las Vegas, SoloAzar Exclusive).- Bruno Almeida, Head of Sales LATAM at Atlaslive, attended G2E for the first time to explore how land-based and online gaming are converging. His experience highlighted key trends shaping the Latin American market, from immersive casino innovations to strategic networking and regulatory insights.

Monday 27 Oct 2025 / 12:00

G2E 2025: Cristian Galarza, ASAP Director Explains the Importance of Attending the Event

(Las Vegas, SoloAzar Exclusive). - After attending the 25th anniversary edition of G2E in Las Vegas, ASAP’s director shares his perspective on the evolution of the industry, driven by digitalization, efficiency, and the creation of international networks that foster new business opportunities.

Tuesday 28 Oct 2025 / 12:00

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