Volatility in gaming stocks is expected to persist as the government has yet to define its policy direction on online gambling, which was notably absent in President Marcos’ recent SONA.
Analysts say the omission may indicate that the administration is still weighing the economic benefits of the industry, which generates billions in revenue, against calls for tighter regulation.
Shares of major players like DigiPlus surged, while Bloomberry declined, reflecting ongoing market uncertainty.
Finance Secretary Ralph Recto confirmed that a total ban is not currently being considered, with stronger regulations favored to curb illegal gambling, which accounts for 60% of the market.
Until official policy is announced, stakeholders and investors are expected to remain cautious amid speculation and market swings.
Source: PhilNews24 | July 30, 2025
