I'm pretty sure it is. Was drinking (pub crawl after all) so can't say 100%.
I enjoyed a couple beers there. I'd go back when not on the tour so as not to be a target. Not a whole lot different than going to say, Collettes.
Having little kids sent by the parents to pull on the heartstrings of tourists for a cash handout is not cool, and begging is probably not a great lesson to learn at such a young age. We're not talking one or two... we're talking more than a dozen young children, and slightly older ones selling bracelets.
Why not have them sell something useful? Snacks on a pub crawl? Hells yes! How many bags of chips or cookies or candy bars do you think they could have sold, and actually earned the money, and learned a much more positive lesson?
I also wanted to state that I know that this area is not a shanty town - hence my use of quotes in my original post on the subject.