(UPDATE) SEN. Juan Miguel Zubiri said Thursday online gambling has expanded at a speed government regulators “failed to match,” with revenues jumping over 5,500 percent in the past four years.
SEN. Juan Miguel Zubiri said Thursday online gambling has expanded at a speed government regulators “failed to match,” with revenues jumping over 5,500 percent in the past four years.“From 2020 to 2024, the industry grew by 5,564 percent. Unbelievable. And yet it is real,” Zubiri said during a Senate hearing on measures to deal with online gambling.He linked the surge on online betting to “easy access” through e-wallets or mobile apps.
He said there was a family from Bukidnon who lost their son to suicide after he incurred an online gambling debt that he could not pay, and a police corporal who robbed a convenience store at gunpoint, reportedly for his online gambling and stole P12,000 from the register before he was arrested.
Orders E-Wallets To Block Online Gambling Links Within 48 Hours
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