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GCash and Maya Cut Ties with Online Gambling Sites

8/18/2025

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Story summary
  • The Bangko Sentral ng Pilipinas (BSP) mandated GCash and Maya to eliminate links to online gambling sites, affecting earnings and delaying GCash's IPO.
  • Both platforms suspended gaming access on August 16 to safeguard users from online betting risks.
  • Analysts suggest that if the directive persists, it could continue to impact earnings.