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E-wallet Unlinking May Drive Gamblers to Riskier Platforms
The Philippine Star
|August 21, 2025
Online gambling players could shift to unregulated platforms following the disconnection of e-wallets from licensed gambling apps, a new study has found, raising concerns that the government's clampdown could be pushing users toward riskier environments.
A study by sociocultural research firm The Fourth Wall showed that regulated gambling platforms saw a 70-percent drop in users after the Aug. 16 ban, while unregulated sites posted a 40-percent jump.
The Bangko Sentral ng Pilipinas (BSP) earlier ordered all e-wallets and financial institutions to cut ties with online gambling apps after a Senate hearing last week flagged the social and financial costs of online betting.
Major fintech players GCash and Maya confirmed they had disabled access to gaming apps in compliance with the directive.
The study, which surveyed over 1,000 active players in Metro Manila, Metro Cebu, Metro Davao and other urban growth centers, found that the unlinking of e-wallets played a central role in player migration.
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