The Bangko Sentral ng Pilipinas (BSP) announced in a press release that it is “finalizing new rules” for banks, e-wallets, and other financial service provides to adopt ‘stronger safeguards’ against online gambling. GCash had previously introduced its own anti-gambling measures, such as stricter advertising policies regarding online gambling content. The Cybercrime Investigation and Coordinating Center (CICC) has recommended that the Philippine National Police Anti-Cybercrime Group (PNP-ACG) file charges against social media personality Jam Magno for allegedly promoting illegal online gambling sites. According to the CICC, the finding was the result of an almost month-long investigation following hundreds of complaints against influencers allegedly endorsing unlicensed and unregulated online gambling platforms in the country. Online gambling in the Philippines is regulated by the government agency PAGCOR (Philippine Amusement and Gaming Corporation). Today, only PAGCOR-licensed online gambling sites may legally operate in the Philippines. In short, legal online gambling exists under strict rules, while illegal sites are aggressively targeted. In the Philippines it is not illegal to advertise a licensed gambling platform. Read more in our articles including "BSP to implement stricter measures vs. online gambling: including face recognition" and "CICC recos filing of illegal online gambling cases against Jam Magno, 9 other influencers".
The Bangko Sentral ng Pilipinas (BSP) announced in a press release that it is “finalizing new rules” for banks, e-wallets, and other financial service provides to adopt ‘stronger safeguards’ against online gambling. GCash had previously introduced its own anti-gambling measures, such as stricter advertising policies regarding online gambling content.
The Cybercrime Investigation and Coordinating Center (CICC) has recommended that the Philippine National Police Anti-Cybercrime Group (PNP-ACG) file charges against social media personality Jam Magno for allegedly promoting illegal online gambling sites. According to the CICC, the finding was the result of an almost month-long investigation following hundreds of complaints against influencers allegedly endorsing unlicensed and unregulated online gambling platforms in the country. Online gambling in the Philippines is regulated by the government agency PAGCOR (Philippine Amusement and Gaming Corporation).
Our coverage of online gambling regulations Philippines includes: "BSP to implement stricter measures vs. online gambling: including face recognition"; "CICC recos filing of illegal online gambling cases against Jam Magno, 9 other influencers"; "The real reason why some influencers were excluded from the CICC online-gambling case". Each article provides unique insights and information.