Online Gambling is the practice of placing bets on games, sports events or other casino-like games through a network of Internet servers. It is considered a form of gambling in many countries, including the United States, the UK, Canada and some European nations. Because of the legality of online gambling, casinos are incentivized to make their games fair and trustworthy. This is a positive thing for players, as they can trust that their winnings will be paid in full, if they win.
The growth of the internet has inevitably led to the proliferation of online casinos. The convenience and accessibility of online gambling sites allows millions of people to gamble without the need to travel to physical gambling establishments. This has made gambling much more addictive than before. This is because there are no limitations in terms of time, as the user can play at any moment he wants to.
Nevertheless, there are still some concerns regarding online gambling. The main issue is that it blurs the boundary between legal and illegal gambling activities. In this respect, it is worth noting that only those websites regulated by PAGCOR are considered as legitimate and all other gaming activities online are considered as illegal.
Another concern is that the Internet makes it easier for hackers to attack the gambling sites. In addition, some of these websites are used for money laundering purposes, thus putting players at risk. However, these problems can be addressed with proper legislation and stricter enforcement of existing laws.