The Landscape Of Gambling Worldwide
The world around us is home to a litany of pastimes and practices, some of them local, whilst others are confined to their locales. For Example, a local pastime within Afghanistan is Horseback Polo, or Spain with bullfighting. The Netherlands put an emphasis on bike riding more than anywhere in the world, yet bikes are widespread all over the world, with a multitude of people using them as alternative means of transport.
A practice however, which is widespread around the world with just a few variations here and there, is gambling. People have been gambling for generations upon generations, from the time of the Greeks, Egyptians and Even Romans would gamble on Occasion, and it’s not difficult to see or understand why. We, as a people have always looked for ways to keep ourselves entertained, through the play of games and gambling gives us that, with an added twist, one which gives us a rush of adrenaline and endorphins.
The gambling scene has evolved heavily throughout the years, constituting the evolution from regular gambling within brick-and-mortar casinos, and Online Gambling which can be done within the comfort of one’s own home, with nothing but a device which connects to the Internet, and of course the internet itself.
The Landscape of Gambling is a big one, and as was aforementioned may vary from country to country. As a result, the scene of gambling can be different from country to country, as well as from continent to continent. Within this article, I’ll be going over the gambling scene in the Philippines, giving one an introduction to the notion of online gambling within the Philippines.
The Laws And Regulations Regarding Gambling Within The Philippines
Moving onto the legal spectrum surrounding gambling and sports betting, as this is paramount for one to know when talking about the online gaming sector within the Philippines, laws for gambling within this region are quite progressive when it comes to the gambling sector within the Philippines. Sectors such as in-house gambling, as well as online casino Philippines are all fully legal under Filipino legislation.
The main pieces of legislation within this region regarding gambling and sports betting, are the Presidential Decrees 1067-A and 1602, which give a definition of legal and illegal forms of gambling as well as entail a number of harsher punishments for those who partake in said illegal forms of gambling respectively.
The Philippines’ primary gambling regulator is the Philippine Amusement and Gaming Corporation (PAGCOR), which also happens to be the industry leader. It is the primary governing authority in the nation and runs a number of gambling websites and retail outlets.
The agency is granted the sole, executive authority to operate and establish casinos and gaming pools inside the state. A major gambling establishment it frequents is the Casino Filipino in Manila. There are presently more than 13 locations and slot machines all around the nation. The organization is responsible not just for operating the casino, but also for issuing licenses to run online casinos.
These websites are licensed by PAGCOR in the Philippines, however they exclusively target an international audience. Filipinos are not permitted to play at these virtual establishments. Instead, those who are at least 21 years old are restricted to playing in land-based casinos that are themselves controlled by PAGCOR.
One strange Caveat which exists within the Philippines, however, regards the offering of online gaming services to Filipino residents. According to Filipino Legislation, it is against the law for any private company in any part of the Philippines to provide residents with access to online gambling. Offshore suppliers with no local presence, on the other hand, may advertise their services to Filipinos.
Online Casinos in the Philippines: How to Go About Them
Because of the legal stipulations listed above that are included within the laws of the Philippines, the safest way for a person to gamble at online casinos is via offshore casinos that have been granted licenses and are controlled by the government. You will not be breaching any of the rules that have been established by the government, and you will not be putting your safety at risk, since the PAGCOR has licensed and controlled these casinos. Using this method will allow you to avoid any potential consequences.
When searching for online casinos, there are a number of features that players should look for, all of which have the potential to improve their time spent gambling. A lot of these aspects, including Game Variety, the Experience of Playing with Live Dealers, and a Number of Bonuses, are Great Examples.
Closing Statements
When it comes to making your way into the gambling sector of the Philippines, it is imperative that you know the laws and how to go about them. This saves you stress and money from legal trouble, as well as through the unpleasant experience of possibly losing money at a fishy casino. In addition, knowing the laws and how to go about them saves you time.