Latest news with #Bukidnon
GMA Network
2 days ago
- Politics
- GMA Network
Lawmakers eye ban on online gambling promotions, linkage to e-wallets
A bill banning the promotion of online gambling and its linkage to electronic wallets (e-wallets) has been filed in the House of Representatives. Bukidnon Reps. Keith Flores, Jose Alba, Audrey Zubiri, Laarni Roque and Arlyn Ayon made the proposal under their House Bill 721 or the Anti-Online Gambling Promotions in E-Wallet Act. Under the bill, the following acts of operators of e-wallet mobile applications are deemed illegal: redirecting users to any online gambling platform, website, or application through links, QR codes, or similar digital means distributing information online on the placing, receiving, or transmitting of a bet or wager through any online gambling website, platform, or application displaying, publishing, or hosting online gambling advertisements within their applications or user interfaces promoting gambling activities online to the general public Any operator, natural or juridical, of an e-wallet platform or similar digital payment application found to have violated the proposed law will be fined P100,000 to P500,000 and will be given a warning for the first offense. The penalty for the second offense is pegged at P500,000 to P1 million on top of suspension of operations for 30 days at maximum. For the third and subsequent offenses, the fine is P1 million to P5 million and permanent revocation of the business license. If the offender is a foreigner, the person will be deported immediately after payment of fines without further proceedings by the Bureau of Immigration. "All four of Bukidnon's representatives in Congress are united on making sure gambling operations go back to onsite operations only and without linkages to e-wallets," Flores said in a statement. 'Alongside financial inclusion and the ease of transactions, a troubling social and cultural trend has emerged: e-wallets have become gateways to gambling by providing direct access to digital casinos and sports betting platforms. Economically vulnerable Filipinos are lured into gambling activities that may lead to financial ruin and social harm,' the authors added in their explanatory note. The lawmakers said that the e-wallets' service of providing loans is also being used by gamblers to continue betting, creating a vicious cycle of debt and dependency. 'Online gambling is a moral, financial, and public health concern. Without proper safeguards, e-wallets risk becoming traps for vulnerable Filipinos. Thus, this bill aims to ensure responsibility and accountability among e-wallet platforms to prevent their exploitation in promoting gambling-related activities and behaviors,' the lawmakers said.—LDF, GMA Integrated News
GMA Network
04-06-2025
- Business
- GMA Network
Senate ratifies bicam report on gov't rightsizing
The Senate on Wednesday ratified the bicameral conference committee report on the proposed measure granting President Ferdinand "Bongbong" Marcos Jr. the authority to rightsize the bureaucracy. In a plenary session, Senate President Francis "Chiz" Escudero moved to ratify the report, which harmonized the disagreeing provisions of Senate Bill 890 and House Bill 7240, also known as the Government Optimization Bill. Escudero said the measure intends "to make the government smaller, to make it better, more efficient, and more responsive." He also allayed concerns regarding the supposed "downsizing" of the government, saying that agencies and employees will be consulted through organizational reviews and the preparation of organizational plans. "This is no mere downsizing measure. It is about upsizing the number of personnel deployed where they can best serve the people," Escudero said. "After all, government resources come from the taxpayers' contributions and these are not an unlimited resource… Whatever we take from taxpayers' pockets must be put and rebated to them in the form of efficient and effective programs and projects," he added. Joining Escudero during the signing of the bicameral committee report on Wednesday afternoon were Senate Deputy Majority Leader JV Ejercito, Senate Minority Leader Aquilino "Koko" Pimentel III, Bukidnon Rep. Jonathan Keith Flores, and Budget and Management Secretary Amenah Pangandaman, among other officials. The Department of Budget and Management (DBM) earlier said the government could save up to P8.7 billion if the President is granted the authority to implement such changes in the bureaucracy. The Government Optimization Bill is one of the priority measures identified by the Legislative-Executive Development Advisory Council (LEDAC). — VDV, GMA Integrated News
