Philippine President Warns Against Total Online Gambling Ban
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President Ferdinand Marcos Jr cautions that banning online gambling entirely in the Philippines could push players toward unregulated offshore gambling sites, increasing risks rather than reducing them.
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He stresses that the core issue is not online gambling itself but its social impacts, particularly on children and addicted individuals.
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A total ban would drive the industry underground, removing regulatory oversight and consumer protections.
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Instead, the President advocates for stronger safeguards and better rules to protect vulnerable consumers and prevent gambling-related harm.
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The country’s central bank is proposing tougher measures on gambling transactions, requiring financial service providers to enforce stricter controls.
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Offshore gambling reportedly accounts for about half of all gambling spending in the Philippines, a concern shared by other markets like the Netherlands.
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Despite some calls for a ban, only about 18% of Filipinos support a complete prohibition, with the majority favoring a regulated and safer gambling environment.
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There is no indication that the domestic online gambling sector (eGames) will face a ban similar to the one imposed on Philippine Offshore Gambling Operators (POGOs).
