Editing Online Gambling (section)

===Prevalence of Online Gambling in the Philippines===

:Ever since the emergence of online gambling, gambling sites instantaneously became one of the most frequented websites on the Internet. The easy and accessible characteristic of online gambling paved the way to its vast proliferation. Gamblers can easily log on to their favorite gambling sites at the comfort of their own homes instead of traveling to gambling establishments. Most people would rather choose convenience especially when both options offer basically the same level of fun and entertainment.

:Despite the numerous apprehensions that threaten the industry of online gambling, it continues to rise and overcome these trepidations through the development of better technology. In addition, such issues give online gambling more space for improvement. The early 1990’s became a critical point for this industry as it was only starting out. It was not until the year 2000 when the legitimacy of online casinos was recognized. As of the present, there are about 2000 regulated online casinos set up.

:The prevalence of this industry can as well be measured by the amount of revenues it generates.  According to piotsource.com, the total Internet Casino revenue in the Philippines averages at Php50 Million a month or Php1.896 Billion a year.  With this enormous figure, we can see that truly, online gambling has a vast number of avid users.  
 
:The influence of the improvement of technology is in the promulgation of the integration between the internet and gambling.  The convenience of this breakthrough allowed a rapid growth of its consumers thus, making it a fast growing industry in the country.  The Asia-Pacific region, with its growing population and its generally limited exposure to Internet gaming resources, is identified as a profitable market for online gambling providers. This potential can be maximized through a change in legislation. In relation to this, the Philippines, has already exhibited signs of liberalization in the issue of online gambling by organizing a state lottery in the form of PCSO. The wide and powerful reach of the Internet allowed the growth of the local gambling industry by enabling the spread and entry of online gambling in common Filipino households.