4 things to know in Online Casino and Gambling
Gambling is one of the easiest ways to earn money and easier to be the poorest. Together with the boom of the internet and social media, the Casino and Hotel business brought gambling online to reach more players and earn as much as billions of pesos.
Lotto operator also launched their mobile app to make a paperless, more manageable gambling environment, and a much more convenient way of playing the lotto anywhere you are. In the continuous adaptation of the internet, this Online Casino and Gambling industry catches those small income earners as they aim to win millions of prizes. In return, they are just getting into a debt trap. Let me give you some reality of Online casinos that can change your way of thinking and stop doing the things that can make you poorer.
Gambling Operators always Win
In the business of gambling, only the operator always wins. More businesses and nations are getting richer because of Casinos and Gambling, like Nevada in Las Vegas and Macau in China. Operators' earnings are much more than the lucky player wins. The people of Macau received gaming revenue returns and established the social welfare of free study for 15 years because of gambling and casino in Macau. As Macau is the Capital Gambling of the world, its earnings from tourism and Gambling industries contribute to the huge increase in GDP yearly.
Macau's economy is a real real-life testimony of the importance of the casino and gambling industry in national growth and development, and the real testimony that operators always win in the gambling industry.
Legal though bad
The government allowed Gambling for one special reason which is money. Like I mentioned earlier gambling is the easiest way to earn money. The government gained huge amounts of taxes coming from the Gambling operators. On January 16, 2024 article, according to The Philippine Amusement and Gaming Corporation (PAGCOR) the country’s gross gaming revenues (GGR) in 2023 reached a record Php285.27 billion, and predicted to reach Php336 billion in year 2024. The government always secured financial security which by allowing gambling can finance more government projects and programs.
More Filipinos believe that gambling significantly affects the lives and relationships of every Family. This could lead to a dramatic debt trap for so much addiction. Though even more crucial effects in lives of players, the government still supports this activity for national economic security.
There is always a Trick in Online Games
Do not be foolish as ignorance of online gambling and games is created and just created. It has always a code that can control your winnings. If you have observed you will win from the start of the game but later on once you have earned more, the machine will counter your luck until all single cents are taken to your wallet. Online slot has a percentage only to return in players which so called RTP. Choose slots with the highest RTP always, do a demo and stick to your budget.
Security threats
Not all online casinos are secure. Be vigilant and always join the licensed Online Casino. Maybe some of the online gaming apps are just collecting your personal information to sell to different entities. Your personal information is important in your life because it can lead you to trap.
The following can give warning steps for doing business online. As we spend more time on mobile phones, cybersecurity will always be a priority for each of us. Gambling gives us a joyful and satisfaction but let us just spend the money that we are willing to lose.
Play to the PAGCOR licensed Gaming Operators
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