Illegal online gambling sites are attracting more customers by making it easier for people to gamble online. They are even trying to get minors and students involved in their harmful activities.
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Sadly, this is true even though the government has taken strict steps to stop illegal gambling. Their lack of regulation and aggressive marketing techniques, like cashback and free money for first-time players, make them appeal to people who are more likely to gamble, which could lead to more gambling and bigger bets.
Philippine Amusement and Gaming Corp. (PAGCOR)-approved licensed betting sites strictly follow the KYC (Know Your Customer). Verification process to ensure that only people who are allowed to play by law can do so.
Unlicensed internet gambling sites undermine the industry by not obeying PAGCOR’s rules. Criminals create bogus websites to deceive users.
Illegal online gambling violates tax and privacy laws meant to keep gamblers safe.
OKbet Sports Betting, a local gambling platform licensed and regulated by PAGCOR, recently found many fake websites that tried to look like its online sportsbook. These malicious pages have domain names almost identical to the official OKBet website. This caused the company to remind people that the only way to get to its website is through the correct web address.
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