Online gambling under fire as House lawmakers call for probe

Follow our guide to withdraw funds quickly using GCash, bank transfer, and more. The world’s most elite golfers are heading to Manila as the LIV Golf International Series Philippines(ISP) officially tees off this year. Senator Alan Peter Cayetano, chair of the Senate Banks, Financial Institutions, and Currencies Committee, warned that the normalization of gambling undermines values and the government’s trillion-peso investment in education. Both the Philippine Amusement and Gaming Corp. (PAGCOR) and Bangko Sentral ng Pilipinas (BSP) are considering stricter regulations, but several lawmakers are calling for a total ban. Go to the Playtime login page, select “Forgot Password,” and reset it using your registered mobile number and OTP verification. If you forget your password, you can reset it by following the instructions on the “Forgot Password” function on the Password tab of the Playtime Login page.

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“A ban might have the unintended effect of pushing many participants into a black market, which would be worse for everyone. THE PROPOSED BAN on Philippine inland gaming operators (PIGOs) may hurt National Government (NG) revenues as well as stocks of listed gaming-related companies, analysts said. Requests for personal information and vexatious requests are not considered valid requests for Official Information. Researchers may request for reprogramming or transfer of funds from a line-item budget (LIB) to another when the need arises, provided funds are available. Reprogramming / transfer of funds is considered major when the transfer request is from one line-item budget to another, minor when the request is within the line-item budget.

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• A similar resolution was filed by Rep. Brian Poe (FPJ Panday Bayanihan), who noted the need to investigate illegal and unregulated offshore operators through House Resolution 40.

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The Philippine Amusement and Gaming Corporation on Thursday, June 26, turned over ten Patient Transport Vehicles (PTVs) worth Php20 million to several local government units and a state university to enhance their emergency medical services. The PAGCOR chief noted that aside from contributing to government revenues, integrated resort casinos also helped position the Philippines as a competitive tourism destination… The state gaming agency reported that as of Saturday, July 26, a total of 33,250 relief packs consisting of 17,000 food packs and 16,250 non-food items have been released… Meanwhile, PAGCOR-operated casinos added Php6.56 billion, representing 3.06% of the overall industry performance… Licensed casinos – comprised of integrated resorts and brick-and-mortar casinos in Metro Manila, Clark, Cebu, La Union and Rizal – also remained a significant revenue driver, contributing Php93.36 billion or 43.47% of the industry GGR. The country’s record Php214.8 billion in gross gaming revenues (GGR) in the first half of the year also pushed the earnings of the Philippine Amusement and Gaming Corporation (PAGCOR) to Php59 billion, up 14% from Php51.8 billion year-on-year.

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