The Philippines is very active in the game. The game examples of the games played in the Philippines are mahjong, bingo, lottery and playing sports. Poker has also become popular these last few months, mainly due to Western influence. Some of the gambling houses in the Philippines are considered as world-class, making the Philippines one of the hottest gambling sites in the world.These just prove that the gambling industry is very flourishing in the Philippines.
In addition to that, the Filipino government has decided to push the gambling industry even further into the corporate ladder by legalizing online gambling in the country. This is good news for online gambling operators, making online legalize gambling even if the church is against gambling. You should know that the Philippines is a Catholic nation, that’s why it’s a big deal there if online gambling is legalized.
What prompted the government to finally legalize online gambling in the Philippines?
Firstly, the Filipino government’s concern was to put an end to illegal gambling, especially to the sports they play. A lot has engaged in illegal sports gambling, so the government hopes that through the legalization of online gaming gambling will be illegal, minimized, or even eliminated.
Another reason would be the online gambling marketability. Many other countries have already legalized online gambling in their land and the decision proved to be very useful to their economy. There was no reason for the Filipino government not to do the same.
Today, online gambling in the Philippines is limited to the sports they play. Hopefully, in the future, this will not be the case anymore. Analysts say online gambling will have more interesting things to offer such as betting on television shows and couple marriages.
Online legalization of the game has helped the Philippines so far?
Initial results indicate that there is an increase in gambling fans. Since gambling has become more accessible due to the Internet, more people are now enjoying the game from the comfort of their homes. However, this also proposes a new threat. Online gambling is also accessible to minors and it would be harder to control them, unlike in land-based casinos. This is a problem that the Filipino government should be ready for.
So far, online gambling has generated some income for the government in the form of taxes. However, the legislation regarding online gambling is still shaky in the Philippines, as in other countries. If you do not set right, this can cause a problem to the Filipino gambling industry.