The Philippines Government Is Set to impose a ban on online Gambling
Highlights
PRAGCOR condemns the total ban on online gambling, instead prompting for stricter regulations.
Political Leader Joel Villanueva termed online gambling to be a “growing national crisis” for the Philippines.
PRAGCOR, the Philippines operator and regulator, has shown its disapproval of a complete ban on online gambling despite a public outburst to criminalise the industry.Â
According to the Senate Committee on Games and Assessment Data, the online gambling sector is experiencing a boom in the Philippines region, with total earnings jumping from $140 M in 2022 to $ 2.4 B in 2024.
The committee last week attributed the recent growth of the gambling industry to raising various concerns in the Philippines. Sen Erwin Tulfo, who voiced against online gambling, quoted that “as long as online gambling exists, we are breeding the next generation of addicts, debtors, and broken families.”
The political leader Joel Villanueva had a similar opinion on the gaming industry, stating it has contributed to serious issues such as financial loss, physical and mental health issues, relationship problems, domestic violence and suicide.
According to the Senate Committee on Games and Assessment Data, the online gambling sector is experiencing a boom in the Philippines region, with total earnings jumping from $140 M in 2022 to $ 2.4 B in 2024.
The committee last week attributed the recent growth of the gambling industry to raising various concerns in the Philippines. Sen Erwin Tulfo, who voiced against online gambling, quoted that “as long as online gambling exists, we are breeding the next generation of addicts, debtors, and broken families.”
The political leader Joel Villanueva had a similar opinion on the gaming industry, stating it has contributed to serious issues such as financial loss, physical and mental health issues, relationship problems, domestic violence and suicide.