The Bangko Sentral ng Pilipinas (BSP) has a critical role in ensuring that financial platforms promote healthy financial habits among Filipinos. However, many e-wallet providers, including GCash, Maya Bank, and Coins.ph , have integrated casino-like games such as Scatter, Lucky Spin, and other gambling-themed features into their platforms. These games encourage addictive behavior and contradict the BSP’s mission of fostering financial inclusion and stability. It’s time for the BSP to intervene and mandate these e-wallets to remove all gambling-related features, replacing them with wealth-building tools that encourage savings, investments, and responsible spending. Why E-Wallets Should Remove Casino Games 1. Promotes Gambling Addiction Many users, including minors, are exposed to casino-style games embedded in these apps. Features like Scatter, Lucky Spin, and betting mini-games mimic real gambling, leading to compulsive behavior and financial losses....
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