The Rise of Online Gambling Among Students
Introduction to the Problem
A research group has found that advertisements have led to an increase in the number of students engaging in online gambling activities. This trend has raised concerns about the impact of online gambling on young people and the need for regulatory measures to protect them.
The Call for Action
Lawyer Nicasio Conti, CEO of Capstone-Intel Corporation, is urging Congress to pass a law that bans all forms of online gambling advertisements. He cites Italy’s “Dignity Decree” as a model, which prohibits all forms of gambling promotion and imposes steep penalties on violators. Conti argues that this law has been effective in reducing youth gambling rates and increasing public awareness of gambling addiction.
The Proposed Solution
Conti proposes that Philippine lawmakers introduce a measure to prohibit all direct and indirect gambling ads on digital, print, and broadcast platforms. He also suggests banning gambling sponsorships in professional and amateur sports. Additionally, he recommends using gambling tax revenues to fund addiction treatment and awareness campaigns across the country.
The Impact of Online Gambling
Conti notes that online gambling is not just a form of entertainment, but a highly manipulative industry that can lead to addiction and financial problems. He says, “We are seeing a disturbing trend: college students gambling away their allowances, minimum-wage earners hooked on online bingo, and influencers normalizing betting as entertainment.” He emphasizes that this is not an attack on gambling per se, but a call to protect vulnerable individuals from exploitation.
Government Response
President Ferdinand “Bongbong” Marcos Jr. is studying a proposal by the Department of Finance to impose tax on online gaming. The DOF is also considering policies to curb unrestricted access to gambling, including digital gambling platforms. Several lawmakers have filed bills banning the promotion of online gambling and its linkage to electronic wallets (e-wallets).
Conclusion
The rise of online gambling among students is a pressing concern that requires immediate attention and action. By banning online gambling advertisements and imposing regulatory measures, the government can help protect young people and vulnerable individuals from the risks of online gambling. It is crucial for lawmakers to take a proactive approach to address this issue and ensure that the online gambling industry is regulated in a way that prioritizes the well-being and safety of all citizens.