In the digital era like now, online gambling has become widespread among Indonesian people. However, did you know that online gambling can ultimately ruin your life? Even though it offers convenience and fun, online gambling carries many risks and dangers that gamblers are often unaware of. This article discusses the various harms caused (including the social and psychological impacts that must be taken into account) as well as the legalities and regulations involved.
Negative Impacts and Risks of Online Gambling
Recently, online gambling has become a hot topic of discussion because it has increasingly developed in society. And, many are addicted to online gambling and have to experience the negative impacts. Indeed, nothing good comes from online gambling. In fact, there are dangers and negative impacts we all have to be aware of.
1. Financial losses due to online gambling addiction
People who are tempted to gamble generally want to try their luck, who knows, they might win big and become rich in an instant.
Therefore, quite a few gamblers are willing to keep spending money in the hope that the time will come soon to win. If they haven't won, they will keep trying and trying.
In the end, it is the financial losses that online gamblers have to bear. They continue to dip into their savings until there is nothing left. Some even go into debt and are willing to sell their possessions because of their addiction to gambling.
2. The effect of online gambling on mental and physical health and relationships with other people
One thing influences another, this is the danger of online gambling. Financial losses experienced as a result of gambling can have a negative impact on mental and physical health. For example, becoming often angry, anxious, having difficulty sleeping, depression or other negative impacts.
Interactions with other people are also affected. Relationships with partners, family and friends that were once harmonious become fractured due to frequent arguments, caused by gambling.
3. Online gambling triggers criminal acts
Financial losses experienced can trigger gamblers to commit crimes. For example, in order to get more money to spend, gamblers can commit fraud, robbery or various other types of crimes.
4. The security of personal data is at stake due to online gambling
No less important is the increasing potential for cyber security risks that arise when gambling. It is possible that many online gambling sites have been infiltrated by malware and viruses, putting them at risk of personal data theft.
Stolen personal data could include bank account numbers, date of birth and full name. When stolen by irresponsible parties, the data can be misused for criminal purposes.
Not only personal data, malware and viruses that are often found on online gambling sites also pose a risk to the security of the devices used and the data stored on them.
Legality and Regulations Regarding Online Gambling
Apart from all the dangers and negative impacts of online gambling that have been stated above, gambling is a crime. Online gambling is an act that is prohibited by law, as stated in Article 27 paragraph (2) of Law 1/2024 concerning the second amendment to the ITE Law:
"Every person intentionally and without authorization distributes, transmits, and/or makes accessible Electronic Information and/or Electronic Documents that contain gambling content."
Apart from that, assets obtained from criminal acts, one of which is gambling, are also regulated in the TPPU (Money Laundering Crime) Law No. 8 of 2010 Article 2, Article 3, Article 4 and Article 5 paragraph (1). TPPU perpetrators can receive a maximum prison sentence of 20 (twenty) years and a maximum fine of Rp10,000,000,000.00 (ten billion rupiah).
Bank Jago’s Efforts to Support the Prevention and Eradication of Online Gambling
Bank Jago, as an institution providing financial services in Indonesia, is committed to preventing and eradicating all forms of TPPU. Bank Jago also always implements a prohibition on facilitating TPPU gambling, which is one of the Predicate Crimes (TPA) from TPPU in the Bank, in accordance with POJK No. 8 of 2023 Article 19, Article 23, Article 49 and Article 83, as well as collaborating with law enforcement officials and competent authorities to eradicate TPPU, TPPT and/or PPSPM.
Several preventive measures actively taken by Bank Jago include blocking accounts that contain indications of suspicious financial transactions related to TPPU, TPPT, and/or PPSPM. Accounts that have been blocked will be put on a watch list to prevent new accounts from being opened at Bank Jago in the name of the person concerned. Proactively, Bank Jago also monitors online gambling sites that misuse Jago accounts and mitigates risks for online gambling transactions carried out through several available payment methods.
Apart from that, Bank Jago consistently delivers educational content not only related to online gambling, but also various other cases of fraud that are widespread in society. This educational content is delivered on Bank Jago's media, such as the official Bank Jago website and social media accounts.
Online Gambling Is Not the Right Way to Get Rich
As you can read from the previous explanation, the hope of winning big from online gambling is just hope.
Instead of getting rich, those who engage in online gambling actually experience financial losses. If you want to become rich, use the right way, not the instant way that leads you into a trap, like online gambling.
Save Consistently and Manage Expenses Well to Build Wealth
If you want to become rich and build wealth, instant methods are not a wise choice. It requires consistency, discipline and the ability to manage finances well. You can start by managing your finances using the Jago application.
1. Separate your needs into multiple bank accounts using the Jago/Jago Syariah Pocket and budget regularly
To ensure your expenses are not greater than your income and that you always have money saved every month, take advantage of the convenience of creating multiple accounts in the Jago application.
Create 1 Jago/Jago Syariah Pocket for 1 need because 1 Pocket is the same as 1 bank account. After that, start setting a budget for each need, starting with obligations, priority needs and savings first.
Budget allocation in the Jago application can be done manually or automatically using Auto-Budgeting in each Pocket. Discipline in saving to build wealth doesn't have to be complicated when it runs automatically.
2. Choose the right place to save in the Jago app according to your needs
In the Jago application, there are several savings options that you can choose. Jago users, for example, can save in the Saving Pocket, Locked Pocket and Term Deposit. Meanwhile, Jago Syariah users can save in the Saving Pockets and Sharia Deposit.
Find out the various Jago Pockets available to Jago users here. Also, find out what is the difference between the Locked Pocket and Term Deposit here.
As Jagoans, let's always avoid various types of activities that violate the law and do not have a positive impact on ourselves, other people and the environment, such as online gambling.
