Post
Topic
Board Gambling discussion
Re: Deposit threshold can minimize gambling addiction from poor sector?!
by
mak013
on 08/07/2025, 17:35:48 UTC
Do you believe that the Deposit threshold can minimize gambling addiction in the poor sector?!
That’s what our lawmakers believe. Right now, you can deposit as low as 1 dollar in our local casino through our local e-wallet, and because of this, many poor people become addicted to games like Bingo, scatter, and other luck-based games.

So, they are enacting a law that increases the deposit threshold from $1 to $175, making it harder for these individuals to fund their accounts and play.

This law is also the reason why stocks from gambling platforms are taking a big hit and suffering from a plunge, because a big number of their players come from poor and middle-income earners.

Quote
The bill proposes raising the minimum age for players to 21, prohibiting the use of popular e-wallets such as GCash and Maya for gambling payments, and enforcing a minimum deposit threshold of PHP10,000 ($175) to reduce participation from financially vulnerable groups.

Regulatory Concerns Shake Philippine Online Gambling Sector; Stocks Take Hit
I think that it can work. In my country it is about medium week salary, and i don`t ready to risk such sum. About age it is good idea too. Young men often don`t have enough money for all that they want and they always search a way to get fast and easy money. They think that gambling is a good way to become rich fast. Big deposit and age restrictions can stop at least a part of silly gamblers from losing.