Prøve GULL - Gratis
Local fintechs tally losses from gambling delink
Manila Bulletin
|December 10, 2025
The Bangko Sentral ng Pilipinas (BSP) order for e-wallets to sever links with online gaming applications has weighed on the earnings of both gaming companies and the e-wallet platforms themselves.
Unicapital Securities Inc. Research Analyst Peter Louise D. Garnace said the unlinking of online gaming platforms likely “dragged” the third-quarter 2025 performance of market leader Mynt (owner of GCash).
Mynt registered third-quarter revenue of P20.9 billion, a two percent decline from the second quarter, and a net income of P4.3 billion, which was 27 percent lower than the previous quarter.
Despite the quarterly dip, Mynt’s earnings before interest, taxes, depreciation, and amortization (EBITDA) contributed P5.3 billion in the first nine months of 2025, surging 52 percent year-on-year. This accounted for 25 percent of Globe Telecom’s pretax net income, up from 14 percent in the same period last year.
Denne historien er fra December 10, 2025-utgaven av Manila Bulletin.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Manila Bulletin
Manila Bulletin
PEZA nears '25 target as pledges hit ₱208 В
Investment pledges registered with the Philippine Economic Zone Authority (PEZA) breached the P200-billion mark from January to November, just around 20-percent short of its conservative target for the year.
2 mins
December 10, 2025
Manila Bulletin
A return to the court
Lacoste brings style, sport, and community together with the launch of its Tennis Socials in Manila
1 mins
December 10, 2025
Manila Bulletin
Factory output expands despite October storms
Despite storms and weather disturbances, domestic factory output maintained growth in October, with both production volume and value posting growth for the third consecutive month, according to the Philippine Statistics Authority (PSA).
2 mins
December 10, 2025
Manila Bulletin
COA flags NTF-ELCAC's 'low utilization' of funds
The Commission on Audit (COA) has flagged the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) over the \"low utilization\" of funds that hampers the task force’s mandate of fostering peace in conflict-affected areas and vulnerable communities.
1 min
December 10, 2025
Manila Bulletin
Why this might be the skin-tightening breakthrough we've been waiting for
Entering the cold laser revolution
3 mins
December 10, 2025
Manila Bulletin
Moody's: Climate threat high, but credit rating safe
Global debt watcher Moody’s Ratings said the Philippines and several Asian peers face high credit exposure to physical climate risks, but the country is relatively better positioned due to its stronger fiscal capacity to build resilience.
1 mins
December 10, 2025
Manila Bulletin
Japan assesses damage from 7.5-magnitude quake that injured at least 33
Japan was assessing damage Tuesday and cautioning people of potential aftershocks after a late-night 7.5 magnitude earthquake caused injuries, light damage and a tsunami in Pacific coastal communities.
2 mins
December 10, 2025
Manila Bulletin
Cambodia vows fierce fight against Thailand in escalating border conflict
Cambodia's powerful Senate President Hun Sen on Tuesday vowed that his country would carry out a fierce fight against Thailand as a second day of widespread renewed combat between the Southeast Asian neighbors drove tens of thousands of people to flee border areas.
3 mins
December 10, 2025
Manila Bulletin
Mayor Jeannie condemns brutal attack that killed 18-year-old man in Malabon
Malabon City Mayor Jeannie Sandoval on Sunday, Dec. 7, condemned the violent incident in Barangay Muzon that resulted in the death of an 18-year-old man.
2 mins
December 10, 2025
Manila Bulletin
Sustainability risk rises on PH debt
The sustained rise in Philippine public debt continued to buck the trend of declining debt holdings among Filipino households and firms at the end of the third quarter of 2025, the latest Institute of International Finance (IIF) data showed.
3 mins
December 10, 2025
Listen
Translate
Change font size