Sad days for gamblers in the Philippines.

[Ziskinberg]

The recent development here is that e-wallets are being ordered to remove gambling platforms linked to them. The government believes it’s one of the main reasons why gambling addiction has grown in the country. We only have 48 hours to still enjoy the service before it’s officially removed tomorrow.

E-wallets make gambling very convenient since it’s so simple, you just add funds to your wallet, link it to a casino, and you’re ready to play. At first, the recommendation was to increase the minimum deposit, but it seems that wasn’t viable, so they ended up totally ordering e-wallets to remove gambling app links.

What do you think about this move by the government? Will it significantly reduce gambling addiction, or will it only make the problem worse?

source :
https://newsinfo.inquirer.net/2095954/bsp-e-wallets-must-unlink-from-e-gambling-sites

[Don Pedro Dinero]

What do you think about this move by the government? Will it significantly reduce gambling addiction, or will it only make the problem worse?

Well, I have read the news and I am not sure if it is one or the other. I am against the ban on gambling because it does not solve anything and the only thing it does is to bring the industry and players to the underground, with the problems that entails. But this what seems like a difficulty when it comes to depositing funds does not seem catastrophic to me. The only thing it seems like it might do is make people unable to deposit as quickly. The industry is not happy but as long as people are allowed to keep betting it doesn't seem like a terrible move.

[freedomgo]

I know it’s sad, but if it’s for the benefit of many, then I think the government’s action has to be respected. After all, what’s lost here is just the convenience of using an e-wallet for gambling, the gambling itself is still available, just not as easy to access through e-wallets.

You know how those e-wallets with direct links make it so easy for people to gamble. That can really lead to addiction, especially for those who had no plans to gamble but see it there, get curious, and decide to try.

At the end of the day, it’s an e-wallet payment app regulated by the central bank, so it should really be for banking purposes, not for gambling.

[Pandu Geddon]

What do you think about this move by the government? Will it significantly reduce gambling addiction, or will it only make the problem worse?

I don't think the policies implemented to limit gamblers deposits will be effective enough to reduce gambling addiction. Gamblers can still make deposits using other methods. They can continue to bet as usual. It may just require adjustments in the process. The government will always look for ways to address this issue, until perhaps there will eventually be a gambling ban. Although the government may not be able to manage everything properly.

[GiftedMAN]

What do you think about this move by the government? Will it significantly reduce gambling addiction, or will it only make the problem worse?

The aim of the government is not to stop gambling totally their aim is to reduce the number of addicted gamblers which I think is not totally bad because whatever affects the citizens has a direct effect to the government. The removal of the e- wallets will frustrate gamblers from gambling because they will not find it easy to fund their accounts but if there are other ways they can still fund their accounts without using the e- wallets then the government hasn't done enough to stop gambling addiction.

[Davidvictorson]

The recent development here is that e-wallets are being ordered to remove gambling platforms linked to them. The government believes it’s one of the main reasons why gambling addiction has grown in the country. We only have 48 hours to still enjoy the service before it’s officially removed tomorrow.

If this is correct, it shows that there are more people who are using fiat than cryptocurrency for gambling. The government has more power to control and regulate it than cryptocurrency. While I also agree  that it is true that it may be encouraging gambling addiction, it will not be as effective as they hope it will.

[rdluffy]

Those e-wallets you use in the Philippines are only for fiat currency, right?
Are they linked to your bank accounts, and until now, were you able to link them to a casino and play with your account balance?

If so, that was really convenient, but if the ban is only on e-wallets, you can still deposit normally via transfer, right?
Or even use stablecoins...

[Fivestar4everMVP]

The recent development here is that e-wallets are being ordered to remove gambling platforms linked to them. The government believes it’s one of the main reasons why gambling addiction has grown in the country. We only have 48 hours to still enjoy the service before it’s officially removed tomorrow.

E-wallets make gambling very convenient since it’s so simple, you just add funds to your wallet, link it to a casino, and you’re ready to play. At first, the recommendation was to increase the minimum deposit, but it seems that wasn’t viable, so they ended up totally ordering e-wallets to remove gambling app links.

What do you think about this move by the government? Will it significantly reduce gambling addiction, or will it only make the problem worse?

I am not a citizen of Philippines and don't live in that country, so it's very hard or impossible for me to understand how hard or bad the new gambling policy is hitting on you guys, but however it is, I commiserate with you guys over there and also assure you guys that there is always a solution and alternative to most things in life.

First, I do not see what they government are doing or have done as a bad thing if truly there have become alot of addicted gamblers in your country, the government definitely had to do something to cub or remedy the situation as it's their sole responsibility to guide, protect, and uphold the morals and well-being of the people they govern, so I am personally happy for what they have done to protect the citizens of the country from ending up destroying themselves as a result of gambling.
But thank goodness that gambling was not banned totally in the country, now, only serious gamblers will have to find a way around the traditional way of depositing and withdrawing to and from casinos, and maybe the alternative you guys will have to turn to is cryptocurrency.

[Iroh]

I wouldn't go so far as to declare it a sad day for gamblers in the Philippines. Gambling, online and offline is still allowed and very much legal. As to if it would make gambling addiction worse or better? It really doesn't seem to make any difference to me as people would still seek out easier means to gamble. This move would likely not make much of a difference in the addiction rate. It also could be a law passed so constituents would see what a good job their representative is doing over at the capital.
This doesn't make gambling addiction worse nor does it make it any better. Likely performative if you ask me.

[Charles-Tim]

Gambling sites ads and links supposed not to be on ewallets, that is very wrong in my opinion. If you find out, it is possible that under 18 can also use the ewallet. Maybe I am wrong but there are some fintech apps and banking apps in my country that under 18 are using now.

Although, I do not think that is the reason for gambling addiction in the country. If they are trying it to reduce gambling addiction, they are only deceiving themselves with this approach.

[aioc]

E-wallets make gambling very convenient since it’s so simple, you just add funds to your wallet, link it to a casino, and you’re ready to play. At first, the recommendation was to increase the minimum deposit, but it seems that wasn’t viable, so they ended up totally ordering e-wallets to remove gambling app links.

What do you think about this move by the government? Will it significantly reduce gambling addiction, or will it only make the problem worse?

Suppose you’re a responsible gambler and you read and watch the news about a bus driver playing scatter while driving, or a construction worker earning a minimum of $15, and they bet $5, you will feel disappointed. These people are trying to make a living from gambling.

Gambling become very rampant in the Philippines, because of influencers and celebrities who are iresposible on how they promote gambling, they promote it as a way to make money and to change your life, they don’t even have a disclaimer about being a responsible gamber, all they want is to have views and sign up so they will received their commissions.

[danherbias07]

They just did it right. At least those with low-end phones will not even try to gamble and play on gambling applications that are popular in the Philippines. That's one reason why they won't play because it will just lag on their phone, or it cannot even handle the battery consumption.

Then, there's also the hassle of deposits, since you will need to open two big RAM-eating applications. No one likes that, and I do wish that the digital money applications would also have some kind of restriction on deposits for gambling sites based in the Philippines.

I like what is happening because I always see a lot of people on the streets still gambling even while they are at work. Just last time I went to an electronic bike repair shop, and one of the technicians was playing slots (you will know from the sounds), I just smiled at him, even though deep inside I was thinking that he could've helped his co-worker to do the job instead of gambling.

[Shinpako09]

For me, it’s not a long term solution. It will only slow down for the time being, but once gamblers get used to depositing through merchants, it will surely surge again and go back to how it was before. I won’t be surprised if there will be ads on how to deposit in the coming days. I don’t think the government will just let go of billions of pesos in yearly tax revenue like that. Maybe they’re doing things like this because it’s a hot topic, but once it dies down, the next step will be very slow again.

[348Judah]

The recent development here is that e-wallets are being ordered to remove gambling platforms linked to them. The government believes it’s one of the main reasons why gambling addiction has grown in the country. We only have 48 hours to still enjoy the service before it’s officially removed tomorrow.

I have been seeing enough threads created recently all about the gambling challenges the citizens are facing and the unnecessary actions taken by their government, for the benefits of those on this forum, the earlier the better, if you have an asset on any of the aforementioned platform, withdraw then and take them to a non custodial wallet, be safe and well prepared for the worst ahead, government in Philippines are not taking it likely this time, just a pity many innocent gamblers are going o be affect by all these change of policies in accepting gambling operations in the country.

[gunhell16]

The recent development here is that e-wallets are being ordered to remove gambling platforms linked to them. The government believes it’s one of the main reasons why gambling addiction has grown in the country. We only have 48 hours to still enjoy the service before it’s officially removed tomorrow.

E-wallets make gambling very convenient since it’s so simple, you just add funds to your wallet, link it to a casino, and you’re ready to play. At first, the recommendation was to increase the minimum deposit, but it seems that wasn’t viable, so they ended up totally ordering e-wallets to remove gambling app links.

What do you think about this move by the government? Will it significantly reduce gambling addiction, or will it only make the problem worse?

source :
https://newsinfo.inquirer.net/2095954/bsp-e-wallets-must-unlink-from-e-gambling-sites

If I look at him literally, they will be able to control gambling because most of the government officials themselves are gambling protectors., first of all, e-wallets are not casinos. All they did was remove the use of e-wallets in casinos. Now the question is, will this solve the spread of gamblers? The answer is no.

Why did I say that? There is still the debit card, the digital bank, can that still be used? If you look at it, it is not the casino itself that is targeted but e-wallets that are not casino operators, doesn't it seem stupid?

[MainIbem]

Well, I have read the news and I am not sure if it is one or the other. I am against the ban on gambling because it does not solve anything and the only thing it does is to bring the industry and players to the underground, with the problems that entails. But this what seems like a difficulty when it comes to depositing funds does not seem catastrophic to me. The only thing it seems like it might do is make people unable to deposit as quickly. The industry is not happy but as long as people are allowed to keep betting it doesn't seem like a terrible move.

Banning E-wallets won't change anything cause it's not a problem for gamblers but for the digital wallets that operates in that country they're the ones who would lose customers, many customers that are gamblers, the gamblers in that country can still seek other alternatives to make payment and continue gambling the only way it would really affect gamblers is if crypto related betting sites and casino's are banned totally or if gambling in general is banned totally but I doubt if the government would do that they're only seeking for solutions to gambling addiction and not trying to ban gambling. Yeah you're right gambling who lose quick deposit would have to adjust and seek other alternatives.

[cryptoaddictchie]

The recent development here is that e-wallets are being ordered to remove gambling platforms linked to them. The government believes it’s one of the main reasons why gambling addiction has grown in the country. We only have 48 hours to still enjoy the service before it’s officially removed tomorrow.

Ive watched the videos of senators discussing it does it means games like BingoPlus the local famous gambling site will also be removed from the gcash site?

I will check the news and details of it today and watch all information pertaining to this. Its also one of my hub when Im bored so if this gonna be implemented to bad for some users who find it enjoyable.

[Fivestar4everMVP]

The recent development here is that e-wallets are being ordered to remove gambling platforms linked to them. The government believes it’s one of the main reasons why gambling addiction has grown in the country. We only have 48 hours to still enjoy the service before it’s officially removed tomorrow.

Ive watched the videos of senators discussing it does it means games like BingoPlus the local famous gambling site will also be removed from the gcash site?

I will check the news and details of it today and watch all information pertaining to this. Its also one of my hub when Im bored so if this gonna be implemented to bad for some users who find it enjoyable.

When they said that every gambling site must be disconnected from the e-wallets through which the gambling sites are funded, I believe that also includes and mean that even the one that you mentioned, "bingoplus" will be disconnected too, as it is absolutely not proper to disconnect some casinos and still allow some casinos to operate, that would that the government are indirectly supporting and endorsing the casinos that were not disconnected from the G-cash platform, and such believe could rub off negatively on the governments reputation.

It's always a very disappointing experience when ever the government comes out to ban something that we the citizens have gotten used to for fun and entertainment, like when the previous government of Nigeria banned X (formally known as Twitter) in Nigeria, many of us had to improvise and find a way to still access the platform because for some reason, we can't do without it, lol 😁

[joeperry]

It’s a good move for me. Usually, you’ll see that many poor people are the ones who often get even more hooked on online gambling, but for some of us like crypto users, there are still a lot of options to gamble. Actually, it’s a good thing to ban gambling sites if the implementation isn’t too strict and even minors can gamble and play scatter games. I know many students who end up spending all their allowance on scatter games, and it affects their studies.

I just hope they make the requirements stricter, especially for underage individuals and students.

[Kelward]

Philippine, government ordering the e wallet operators to remove gambling platforms will reduce gambling to some extent in that country but it cannot eradicate it. So far there's no total ban on it addiction will still continue, the chronic addicts will simply deposit directly into a gambling platform. Those that the ban of e wallets will affect are casual gamblers who started to gamble because of the ease of using the e wallets. Restrictions will only make the resolve of serious gamblers to be more. We will wait and see how this new step to combat gambling addiction will workout but I think that the best strategy would be to enlighten the citizens about the dangers of gambling addiction.