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Government Service Insurance System office in Pasay City. Mark Demayo, ABS-CBN News

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GSIS defends investment in online gambling platform

ABS-CBN News

<p>MANILA — The Government Service Insurance System (GSIS) on Wednesday assured its members and pensioners that its Social Insurance Fund remained &quot;strong, secure, and actuarially sound&quot; after a lawmaker questioned its investment in an online gambling platform.</p><p>In a statement, GSIS confirmed that it invested in the gaming giant DigiPlus Interactive Corp. but did not disclose the amount.</p><p>Sen. Risa Hontiveros has alleged that GSIS invested more than P1 billion in DigiPlus — a discovery made amid growing proposals to tighten or completely ban online gambling for its social costs.</p><div><a href="https://www.abs-cbn.com/news/nation/2025/8/5/hontiveros-denounces-alleged-gsis-investment-in-online-gambling-platform-1917">Hontiveros denounces alleged GSIS investment in online gambling platform</a></div><p>&quot;In the first place, what was GSIS thinking, investing funds in online gambling? Eh tayo nga po, mga kasamang nagtatrabaho sa gobyerno, ni hindi pwedeng tumungtong sa casino lalo na hindi pwedeng magsugal doon,&quot; Hontiveros said in a speech Tuesday.   </p><p>(In the first place, what was GSIS thinking, investing funds in online gambling? While we in the government cannot enter casinos, much less gamble there.)</p><p>&quot;Kaya bakit ang GSIS, todo taya, at ginawang puhunan ang pera ng public employees sa sugalan?&quot; </p><p>(So why is the GSIS going all in, using public employees&#x27; money to invest in gambling?)</p><div><strong>GSIS INSISTS MANDATE: &#x27;PROTECT AND GROW&#x27;</strong></div><p>In light of criticisms of its investment, GSIS said it will &quot;cooperate with oversight institutions and regulatory bodies in connection with its investment in DigiPlus Interactive Corp,&quot; as it vowed to support transparency and accountability in all its investment activities.</p><p>&quot;We welcome the scrutiny and call for public disclosure from various sectors, and we are prepared to present all relevant documents and data to the appropriate authorities. As stewards of public trust, we affirm our unwavering commitment to act in the best interests of our members and pensioners,&quot; GSIS said. </p><p>Still, the agency stressed that it remained guided by its mandate &quot;to protect and grow the hard-earned contributions of government workers.&quot;</p><p>GSIS also vowed to continuously conduct a comprehensive review of its charter, investment policies, risk exposure thresholds, and sectoral guidelines, &quot;particularly those involving sensitive or high-risk industries.&quot;</p><div><a href="https://www.abs-cbn.com/news/2025/7/24/groups-say-heads-should-roll-on-p1-4-billion-gsis-alternergy-deal-1754">RELATED: Groups say &#x27;heads should roll&#x27; on P1.4-billion GSIS-Alternergy deal</a></div><p>&quot;This will ensure alignment with our members&#x27; evolving expectations and the highest standards of ethical and fiduciary responsibility,&quot; it said.</p><p>GSIS, as of June 2025, has total assets of P1.88 trillion and recorded a Net Operating Income of P76.82 billion, which it said represented a 31 percent increase compared to the same period last year.</p><p>&quot;We have consistently enjoyed a 5-year average return on investments at 6.75 percent,&quot; it added.</p><div><a href="https://www.abs-cbn.com/news/business/2025/7/31/gsis-lends-p1-5b-in-emergency-loans-to-crising-dante-emong-victims-1034">GSIS lends P1.5 billion in emergency loans to Crising, Dante, Emong victims</a></div><div><strong>—with a report from Victoria Tulad, ABS-CBN News</strong></div><div><br/></div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/z4KX91MBK9c?&amp;t=2s&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div><div><strong><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/Xb46HJbgMUc?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span></strong><br/></div>

<p>GSIS said its Social Insurance Fund remained "strong, secure, and actuarially sound" after a lawmaker questioned its investment in an online gambling platform.</p>

GSIS said its Social Insurance Fund remained "strong, secure, and actuarially sound" after a lawmaker questioned its investment in an online gambling platform.

GSIS defends investment in online gambling platform, says fund 'remains strong'

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GSIS defends investment in online gambling platform, says fund 'remains strong'

ABS-CBN News

Published August 07, 2025 12:05 PM PHT

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Updated August 07, 2025 12:17 PM PHT

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