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The Philippines has recently tightened its grip on the online gambling industry, particularly targeting advertising and payment channels, causing online betting transactions to plummet by nearly 50%.Recently, Senator Alan Peter Cayetano welcomed the Central Bank's (BSP) order for e-wallet platforms
The Central Bank of the Philippines (BSP) today issued an emergency directive, requiring all electronic wallet platforms nationwide to completely sever all payment connections with online gambling sites (POGO) within 48 hours. This means that major e-wallets including GCash and Maya must immediately
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