Online Gambling Suggested to be outlawed in Philippines
Tuesday, March 17th, 2009All types of lotteries and other types of games that can be considered gambling on the internet are suggested to be illegal in Philippines. Internet should not be used to spend money on online gambling or to accept players wanting to put money into gambling accounts according to a politician in the Philippines. Obviously there will be exceptions made for the lotteries that are arranged by the government of the Philippines, so this will become a monopoly of some sort.
The bill to outlaw online gambling in the Philippines is presented by politician Narciso Santiago and it seems like he has taken lot of inspiration from the infamous Unlawful Internet Gambling Enforcement Act (UIGEA) that was put in place in the US back in 2006. Santiago is saying that there is a huge risk that children will start gambling on the internet if online gambling would remain legal. He also added that the fact that online casinos and onlineĀ poker rooms could easily be used for money laundering is a big problem for the Philippines.
Exceptions will be made for gambling on horses if the race book taking the bets has a license. The Philippines Charity Sweepstakes Office which is a lottery run by the government will also be able to run business as usual. A lot of the critics are saying that it is ridiculous to make an exception for the government run lottery and that the same rules should apply to everyone.
The punishment for breaking the law and accepting a wager will be a fine equivalent to the amount that was accepted as a wager no matter the amount. This means that it would be pretty expensive for an online poker room to break this law if every pot played would be considered a wager placed.

