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Online gambling could be reined in via KYC, minimum bets, Go says
Business World Philippines
|August 12, 2025
SECRETARY Frederick D. Go, the special assistant to the President for investment and economic affairs, said restrictions on online gambling could take the form of more comprehensive know-your-customer (KYC) rules.
“There are a few things that are possible there. Number one is to be stricter on the KYC, meaning all the platforms can be stricter to ensure that nobody below 21, for example, is allowed to gamble,” Mr. Go said on Monday at the Economic Journalists Association of the Philippines Economic Forum.
He sees KYC as an effective means of determining whether an individual should be barred from gambling.
“A regulation that I believe should be seriously considered is raising the minimum bet and raising the minimum entry point,” he added.
He said raising the minimum bet is likely to reduce betting frequency.
This story is from the August 12, 2025 edition of Business World Philippines.
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