Why did GCash suspend online gambling access?

GCash complied with a directive from the Bangko Sentral ng Pilipinas (BSP) due to concerns about financial risks.

Can I still access my funds from online gambling platforms?

Yes, but after August 16 at 8 p.m., you must access funds directly through the gaming platform.

What is the BSP's role in this situation?

The BSP is the central bank of the Philippines and is responsible for regulating financial institutions.

Will online gambling be banned completely in the Philippines?

Senator Bam Aquino has called for a complete ban, but the decision rests with Pagcor and the President.

Tag:

via

Q: What is GCash?

GCash is a leading mobile wallet app in the Philippines offering various financial services.

Sport

Akron High School Athletes: Volleyball, Tennis, Soccer Winners of 2025

by Alex Carter - Sports Editor December 1, 2025

written by Alex Carter - Sports Editor

Akron-Area ‌High School Athletes of the Week‍ Honored Through November

Akron-area ‌high ‍school athletes have been recognized for their outstanding achievements in fall sports, with weekly awards ⁢presented from September 22 through November 9. The Beacon-Journal’s Athlete of the Week programme highlights top performers in a variety of disciplines, including⁤ soccer, ‍football, cross country, golf, and volleyball.

The program, which began on October 3 with Bree Carpenter of Ellet soccer and Marlin Engram Jr.of East football,‌ aims to celebrate the dedication and skill of local student-athletes. subsequent honorees included Maggie Gerschutz (Wadsworth cross country) ⁤and Phil Partin (Manchester football) on⁢ October 10; Makayla Martuccio‌ (Tallmadge cross country) and Anderson Seredick (Nordonia cross country) on october 17; Elizabeth Coleman (Highland golf) and Crew McDaniel (Hudson cross country) on October 24; Brooklynn Hampton (Archbishop Hoban soccer) and Nick Myers (CVCA soccer) on⁣ October 31; Allison hay (Tallmadge ‍cross country) and Sam Hopp (Twinsburg cross country) on November 7; and Samantha Dehrmann (Archbishop Hoban volleyball) and Marty Tobin (Walsh Jesuit football)⁢ on ⁢November 14.

To ‍ensure fairness and continued recognition, athletes who win the fall ‌Athlete ⁤of the Week award are ineligible‍ for future ‍consideration until the winter sports season commences. Coaches and athletic directors are encouraged to submit nominations for outstanding ⁤athletes ⁤to bjsports@thebeaconjournal.com.

December 1, 2025 0 comments

Health

Browns’ Schwesinger Faces Setback After High Ankle Sprain

by Dr. Michael Lee – Health Editor November 7, 2025

written by Dr. Michael Lee – Health Editor

Browns Linebacker Carson Schwesinger foregoes Bye Week to Focus on Injury Recovery

CLEVELAND,OH – November 7,2025 – Cleveland Browns rookie linebacker ⁢Carson Schwesinger is using the team’s bye week ‍to rehabilitate an undisclosed injury,opting to remain in ⁤Cleveland rather than join teammates‌ on their time ‌off. The decision underscores Schwesinger’s commitment to returning to the field at full strength.

Schwesinger, selected 33rd overall in the second round⁢ of the draft, had ‌been playing at a Defensive Rookie of the Year caliber before the injury. He currently leads the Browns with⁢ 60 tackles, ranking third among all NFL⁣ rookies. He ‍is the only rookie this season to achieve at least 15 tackles, one sack, and‌ one interception.

The linebacker’s impact extends beyond statistics; he has quickly become a defensive leader, earning the responsibility of wearing ‌the “green dot” ⁣- the helmet communication device for receiving play calls.

“It’s ‍football,” Schwesinger said. “There’s‌ nothing besides it’s just football. I mean, that’s what’s going to happen when you’re playing.”

The Browns have depth at linebacker with veterans ‌Devin Bush Jr. (57 tackles) and⁣ Jerome Baker Jr., as well‌ as ‍third-year pro Mohamoud ‌Diabate and rookie Easton⁣ Mascarenas-Arnold. Defensive Coordinator Jim Schwartz⁤ expressed confidence in the team’s options and Schwesinger’s eventual return.

“We have a lot of different ways that we can go with it and, you know, we’ll practice that way and just see where it lands,” Schwartz said. “But, yeah, ‍Carson means a ⁤lot to us, not just from ‍his play – but also his communication and, you know, things like that. And I ⁣think he’s also stepping in with ⁢some leadership things. ⁢…⁣ we’ll get him back on the ⁢field. Whether⁣ it’s this week,⁢ next week after, whatever it is indeed,‍ I think you’ll continue to see a lot of those same positives from him.”

This marks Schwesinger’s first meaningful injury ‍during his football career, having previously avoided such setbacks at UCLA. He emphasized the importance ⁢of a careful recovery process.

“Oh, definitely,”⁢ Schwesinger said. “I think there’s no ‍time when you want to step on the field‍ when you can’t go and be out there to help the team. So ⁣there’s never a ‍point to push it if ⁢I’m ⁤not going to be⁣ at my best.”

November 7, 2025 0 comments

News

Akron Restaurant News: Vicious Biscuit Expanding to Medina

by David Harrison – Chief Editor October 15, 2025

written by David Harrison – Chief Editor

Medina ⁢to Get Second ⁢Vicious Biscuit Location in 2026

MEDINA, OH – Vicious Biscuit, a ⁢South Carolina-based breakfast and Southern comfort food chain, will expand‌ its Ohio presence with a new ‍franchise location in Medina. ‌The restaurant is slated to open in 2026,according to a⁢ statement released ⁢by the franchise owners.

The Medina location will be operated by Carl Albright of medina, along with partners Ken Troutman of Chagrin Falls and Dave ⁢Ost of ⁢Copley.‌ The team currently operates⁣ the first Vicious Biscuit franchise in copley, ⁣which opened in 2024. They have a six-restaurant deal⁣ to bring ⁢Vicious Biscuit locations to Summit,Medina,and Cuyahoga⁤ counties.

“We’re looking forward to bringing the Vicious Biscuit breakfast‌ revolution here and⁣ creating another spot where ⁢friends and families can gather around the table for our unrivaled Southern hospitality and irresistible biscuit entrees,” Albright said.

The Copley location has quickly gained popularity, achieving a 4.8-star Google rating. Albright noted that the ‍team⁤ has streamlined service, getting customers in and ⁣out in⁤ 39 minutes or less, allowing them to serve a lunch crowd as well. despite potentially long lines, Albright said orders are typically taken ⁤within 15 to 20 minutes, even during peak hours, and catering is also‌ growing.

vicious Biscuit offers gluten-free options, healthy fare, Southern ⁤comfort‍ food, and traditional breakfast items. The chain‍ currently has 10 locations across Florida, Louisiana, Mississippi, North Carolina, South Carolina, and Ohio.

October 15, 2025 0 comments

Business

Via IPO: Stock Opens Below Price, Then Recovers

by Priya Shah – Business Editor September 12, 2025

written by Priya Shah – Business Editor

Via Shares Close⁤ Slightly Above IPO Price in First day of trading

NEW YORK – Via Transportation,a⁤ leading ⁢provider of on-demand transit technology,concluded ‌its first day of trading as a public company with shares closing slightly above its initial public offering (IPO) price. The companyS‍ debut on the Nasdaq comes after raising‌ $100 million through its‌ IPO, a move CEO Damiel Ramot says will bolster growth, sales, and marketing efforts, and potentially fund future acquisitions.

Via initially launched in 2012⁤ by operating Via-branded shuttles,but has since pivoted⁣ to focus on its core business: a real-time routing algorithm that powers microtransit solutions for cities and transit agencies. The company’s technology is currently utilized by 689 cities and transit agencies globally. Ramot emphasized⁢ the ⁤successful IPO reflects “the durability of⁤ the company,” adding, “We are grateful for the feedback and support from our team, ‍partners, and investors⁣ who made this milestone possible.”

The company intends to leverage the funds raised not for immediate operational needs, but for strategic expansion. Ramot indicated‌ a willingness to ‌explore acquisitions similar to those of Remix, a bus planning company acquired in 2021 for ⁣$100 million, and CityMapper, a journey planning app purchased in 2023. He clarified⁣ that future acquisitions would focus on complementary technologies‍ rather than market share gains.

Via’s ⁤financial performance‌ demonstrates meaningful growth, with revenue increasing approximately ⁤30% year-over-year. ‌The company projects $429 million in revenue for 2025, based on its current quarterly performance. In the first six months⁤ of 2025,Via⁣ generated $205.7 million in revenue, while simultaneously⁢ reducing its losses to $37.5 million, down from $50.4 million during the same period last year.

while still ⁢operating at a loss, Ramot stated Via is ⁢nearing profitability, though he declined⁤ to provide specific ⁤projections.He highlighted the company’s success as evidence that serving government customers can be a sustainable and lucrative business model, especially⁤ in supporting riders of microtransit‍ and paratransit⁤ systems.

“Low income people, people with disabilities, students ⁣- those are the demographics that we typically support,”‌ Ramot saeid. “It’s really‌ nice to see investors actually support that.”

September 12, 2025 0 comments

Sport

Ashland Defeats Lexington in Thrilling Soccer Upset

by Alex Carter - Sports Editor September 10, 2025

written by Alex Carter - Sports Editor

Ashland Defeats Lexington in High-Scoring Soccer Match, Securing First Win at Lexington Since 2011

LEXINGTON, OH – Ashland High School’s boys soccer team earned a hard-fought 4-3 victory over Lexington on Tuesday night, marking their first win on Lexington’s home field since 2011.The Arrows overcame two separate two-goal deficits, ultimately securing the win with a late goal and strong goalkeeping performance.

The victory is a notable early-season boost for Ashland, demonstrating resilience and offensive firepower. For Lexington, the loss provides valuable lessons as a young team navigates a challenging schedule.The match highlighted the growing competition within the area’s soccer landscape and sets the stage for continued rivalry between the two schools.

Lexington battled back from being down two goals twice in the match. Lane Weber scored with 1:11 remaining, turning on a defender and blasting a shot past Ashland goalkeeper Justin Pancake.However, Ashland had previously built a lead through a penalty kick and a goal from within the six-yard box.

“Pancake is Pancake,” Ashland coach Hosler said. “He’s a senior, starter for three years, it’s just what he does. He knows his box, he knows his area well, and he’s going to come up big.” Hosler acknowledged Pancake conceded on the penalty and the close-range goal, but praised his overall performance throughout the game.

Despite the loss, Lexington coach Them was pleased with his team’s response. “I thought we figured out who we are a little bit,” Them said.”We’re young around the edges, a lot of inexperience, and some of these boys haven’t played in a game with this intensity. I think we learned a lot tonight. Can we grow from this? Did we get better tonight? I think we did … but every game means something,so we got to fight every night.”

Ashland’s Jonah Coffee was dispossessed by Lexington’s Carter Downs during the match. (Zachary Holden/news Journal)

September 10, 2025 0 comments

News

GCash Suspends Online Gambling on GLife Due to BSP Directive

by Emma Walker – News Editor August 16, 2025

written by Emma Walker – News Editor

GCash halts Online Gambling Transactions Amid Regulatory Scrutiny

Table of Contents

GCash halts Online Gambling Transactions Amid Regulatory Scrutiny

MANILA,Philippines – GCash,the Philippines’ ⁢leading electronic wallet,has⁣ temporarily suspended⁢ access⁤ to online gambling services via its glife platform,effective Saturday at 8 p.m. on August 16. This‌ action follows a directive issued by the Bangko Sentral ng Pilipinas (BSP) to all supervised financial institutions.

BSP Cites Rising Concerns

The BSP’s Memorandum M-2025-029 mandated the disabling of online gambling access ⁢within 48 hours of ‌its release. The central bank cited a‌ significant increase in online gambling transactions and growing public apprehension regarding the potential financial repercussions‌ for consumers as the primary⁢ drivers behind the decision. The Monetary Board approved the temporary suspension while formulating a comprehensive ‌policy governing online gambling payment services.

did You Know? The BSP’s actions ⁢reflect a ⁢broader global⁤ trend of increased regulatory scrutiny of⁢ financial technology companies and ‌their role in facilitating possibly risky activities ⁣like online gambling.

Impact on ‍gcash Users

GCash users were notified through an⁤ in-app advisory on August 14.⁣ The advisory ⁢stated that funds could ‌be withdrawn from gaming accounts to⁢ GCash wallets through GLife until the 8 p.m. deadline.After this cutoff,⁢ users must access any remaining funds directly through the respective gaming platform.

congressional Oversight

The⁤ BSP’s move has prompted discussion ‍in the‌ Philippine Senate. BSP Deputy Governor Mamerto Tangonan briefed the Senate Committee on Games and‍ Amusement on August 14 regarding the regulatory action. senator‍ Erwin‍ Tulfo, chair of the committee, cautioned tangonan that failure to fully remove‌ gambling ⁤access links from e-wallet applications by Sunday, August 17, could⁤ lead⁢ to contempt charges. ⁣ “I’m taking your word on this,” Tulfo stated,⁤ according to ⁣a press release. “We’ll give you more than 48 hours. So Sunday ‌morning, we will not see online gambling games anymore, and no more links⁣ of any sort will be accessible on⁤ e-wallets.”

Support for the BSP Directive

Senator‌ Bam Aquino voiced strong support‍ for the BSP’s directive, urging e-wallet providers to fully disconnect from‌ online gambling platforms. He reiterated his long-standing call for a complete ban on electronic gambling within the country, emphasizing ⁣its detrimental effects on families and ‍society. “We welcome the BSP’s⁤ move to delink⁤ e-wallets from e-gambling sites,” Aquino said. “This is a step in the right direction, and we urge providers to fully commit to distancing themselves from these platforms.”

Pro Tip: Understanding the regulatory landscape surrounding digital⁢ financial services is crucial for both ⁣consumers and ‌businesses operating ⁢in the⁤ Philippines.

Looking‍ Ahead

The suspension ‍represents a significant move toward⁢ stricter oversight of digital financial platforms and their involvement in online gambling ⁤transactions. The BSP has not yet ⁣announced a timeline for the release of the new policy guidelines. The future of‌ online gambling access through e-wallets in the Philippines remains uncertain, pending further ⁣regulatory ⁣developments and potential legislative action ‌by the ⁢Philippine‌ Amusement and Gaming Corporation (Pagcor) and the President.

date	Event
August ⁢14	BSP issues ‍Memorandum M-2025-029 directing BSIs to disable‍ online gambling access.
August‌ 14	GCash posts in-app advisory informing users of the upcoming suspension.
August 16, 8:00 PM	GCash suspends access to⁢ online gambling services via ‍GLife.
August 17	Deadline for e-wallet apps ⁢to remove gambling access‍ links, ⁢as warned by Senator‍ Tulfo.

What are your⁣ thoughts on⁣ the ⁤BSP’s decision to‍ suspend online ⁣gambling access ⁤through e-wallets? Do you ‌believe a complete ban ‍on electronic gambling is necesary?

Context and Trends

The ⁣Philippines has experienced rapid growth in digital financial‍ services in recent years, with GCash leading the way. However, this growth has also ⁤brought increased ‍scrutiny from regulators concerned about potential risks, including money laundering and problem gambling. the BSP’s action aligns with a global trend of tightening regulations on fintech companies to protect consumers and maintain financial stability. The debate over⁤ the appropriate level of regulation for online gambling continues, with proponents arguing for consumer protection and opponents emphasizing ‌individual ‍freedom and potential economic benefits.

Frequently Asked questions

What is GCash? GCash is a leading mobile wallet app ‍in the Philippines offering various financial services.
Why did gcash suspend online gambling access? GCash complied with a directive from the Bangko Sentral ng Pilipinas (BSP) due to concerns about financial ⁢risks.
Can I still access ‍my funds from online gambling platforms? yes, but after August 16 at‌ 8 p.m., you must‌ access funds directly through the gaming platform.
What is the BSP’s⁢ role in this situation? The BSP is the ⁣central bank of the Philippines and is responsible for regulating financial institutions.
Will‍ online gambling be banned completely in the ⁣Philippines? ‌ Senator Bam Aquino has ⁤called for a complete ⁢ban,⁣ but the decision rests with Pagcor and‌ the President.

we hope this article provided valuable insight into the recent⁣ developments surrounding‍ GCash and ‌online gambling in the Philippines.Please share this article with your network, leave a comment below with your thoughts, and subscribe to our newsletter for more breaking news and insightful analysis.

August 16, 2025 0 comments

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