SectorWire
SearchRegister
MenuClose

Philippine law firm urges central bank to strengthen online gambling payment rules

Regulation

A Philippine law firm has called on the central bank to tighten its proposed rules for online gambling payments, saying the draft gives too little attention to player-level risks. It said spending caps and limits on payment hours may not prevent compulsive gambling.

Stronger payment safeguards could change the controls required of online gambling payment providers in the Philippines.

Request a correction

Flag an issue

Keep reading

Regulation

Brazil’s CPI das Bets schedules testimony from payment firm owner and former bettor

Brazil’s CPI das Bets scheduled hearings with lawyer and Payflow Processadora de Pagamentos Ltda owner Adélia de Jesus Soares on 18 March, and former bettor André Holanda Rodrigues Rolim on 20 March. Soares was summoned over her indictment by the Federal District Civil Police on alleged crimes; Rolim was invited to discuss his experience and gambling-related risks to mental and financial health.

Continue reading