BSP E-Wallet Link Ban Cuts PAGCOR-Regulated Bets, Illegal Play Surges

When the Bangko Sentral ng Pilipinas (BSP) directed e‑payment services to “delink” from online gambling platforms, in-app icons and access points were swiftly removed. Over the weekend, e-wallets like GCash and Maya complied with the order by the August 17 deadline. In the following days, PAGCOR—the Philippine Amusement and Gaming Corporation—observed a 50% decline in online gaming transactions on authorized platforms, signaling an immediate market shift. “From Sunday […]