The Philippine Central Bank, Bangko Sentral ng Pilipinas (BSP), has directed all electronic wallet operators to strip their platforms of direct links to online gambling sites within 48 hours — a timeline that has sparked frustration from several senators who insist the action should be immediate. BSP Deputy Governor Mamerto Tangonan confirmed the order during a Senate Committee on Games and Amusement hearing on Thursday, noting that the directive requires e-wallet companies to remove in-app icons and hyperlinks leading to […]

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In the Philippines and a prominent politician has reportedly filed legislation that would look to rescind the nation’s foreign-facing online gambling licensing program and make the delivery of iGaming services a crime punishable by up to six months in prison. According to a Monday report from the Manila Bulletin newspaper, Joel Villanueva serves as the Majority Leader for the Philippines Senate and filed his proposed Senate Bill 1281 last week amid growing alarm over crimes associated with his country’s Philippine […]

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In the Philippines and a proposal is reportedly making its way through the legislative process that could soon oblige all locally-licensed iGaming operators to pay up to a 5% tax on their gross gaming revenues. According to a report from the news website at Rappler.com, House Bill 5777 was passed by the Philippines House of Representatives via a 198 to 13 margin on Monday and is soon set to be put before the Philippines Senate. The source detailed that the […]

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In the Philippines, Chinese businessman Jack Lam is reportedly facing the possibility of spending up to five years in prison after being charged by the nation’s Office of the Ombudsman with attempting to illegally bribe a trio of immigration officials. According to a report from GGRAsia, the anti-graft government body filed extortion charges against Lam, whose given name is Lam Yin Lok, on Friday after an investigation conducted by the Philippines Senate determined that he had handed over around $967,000 […]

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