Just to satisfy the people from these lawmakers. They did put Gcash and commanded together with Maya(another ewallet) to unlink all casino related things inside their platform. Because a user can actually gamble inside of these financial app(e-wallet). So, pretty much that it's a nothingburger and people can still gamble and go to online casinos and still use them personally. And to be specific on the usage, that's how the actuality goes from the lawmakers about their command to these apps. Without understanding the whole context, it looks big news and I thought that it was but upon realizing the whole thing, it's just a move to say that they've done something.
They’ve done something big with this. IIRC, the aggressive marketing only really started when casinos were linked to GCash accounts. That’s because casinos already saw the market, so all they had to do was push advertising to lure more people into gambling. And it was so easy, once you had a balance in your e-wallet, you could gamble right away, unlike before when you had to manually send to the number they gave just to top up your account.
The point is, gambling will still exist, but with this mandate to unlink, there’s going to be a huge effect on revenue.
I’m pretty sure a lot of gamblers will stop, and that will hit the operators hard, but not enough to bankrupt them.