Philippines igaming ban could threaten 50,000 jobs

A ban on igaming operators in the Philippines could lead to the loss of more than 50,000 jobs, data in a report published by the Philippine Star shows.
Direct and indirect jobs spanning compliance, game development, customer service, and marketing might be affected after it was announced that President Ferdinand Marcos Jr. was considering an igaming ban.
Recently, Tonet Quiogue, CEO of regulatory guidance consultancy firm Arden Consult, wrote a paper stating that the real danger was not from regulated entities but offshore operators.
Quiogue wrote, “legal operators in the Philippines are already aligned with global best practices. They implement robust KYC, age verification, self-exclusion tools, and real-time monitoring. You ban those, and what you get is a black-market surge.“
The potential ban goes against the stance of the CEO of the country’s gambling regulator, the Philippine Amusement and Gaming Corporation.
Alejandro Tengco has previously said more regulation was the correct path forward. The ban will come into effect immediately, but the President has said he will allow the country’s gaming agency until the end of 2025 to wind down these operations.
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