Market News - Gambling

55% of online gamblers unaware of risks from illegal sites — study

  • A study by The Fourth Wall surveyed 400 Filipino online gamblers from Mega Manila, Metro Cebu, and Metro Davao and found that 55% admitted they were unaware of the legal risks tied to unregulated gambling platforms. Another 33% said they knew “a little,” while only 12% found the rules clear  .

  • Players cited game variety, frequent promotions, faster transactions, and convenient payment options as the main reasons for choosing unregulated platforms, with trust and customer service being less important  .

  • Many users gamble more heavily on illegal platforms, with 40.7% playing 2–3 times per week and 16.6% playing four times or more  .

  • Most bets fell within ₱100–₱499, though bets over ₱1,000 were rare and almost exclusive to unregulated sites. 41% of respondents said financial losses prompted them to stop gambling  .

  • The study categorized players into four risk profiles:

    • High-stakes losers (44%): Play exclusively on unregulated platforms with heavy, often unprofitable bets.

    • Perceived winners (28%): Medium-frequency bets on unregulated sites, believing wins outweigh losses.

    • Casual break-even players (17%): Prefer low-risk, entertainment-focused gambling.

    • Regulated converts (11%): Use both regulated and unregulated platforms but lean toward regulated ones  .

  • The players were predominantly 26–45 years old, mostly from lower-income brackets, and viewed gambling as a casual leisure activity  .

  • Finance Secretary Ralph G. Recto noted that the government is still finalizing details on an online gambling tax and other preventive measures to counter financial loss and addiction  .

View the original full article here: https://www.bworldonline.com/the-nation/2025/09/02/695419/55-of-online-gamblers-unaware-of-risks-from-illegal-sites-study/

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