THE IMPACT OF FINTECH-ENABLED TRANSACTION EASE, PSYCHOLOGICAL TRAITS, AND REGULATORY AWARENESS ON ONLINE GAMBLING DECISIONS IN EMERGING MARKETS
Keywords:
Financial technology, Digital transaction Ease, Online Gambling, Psychological Traits, Regulatory Awareness
Abstract
Introduction/Main Objectives: Although online gambling is prohibited, its practice is actually increasing rapidly. Moreover, supported by digital technology (fintech) which makes transactions easier. Background Problems: This study aims to analyze the influence of ease of digital transactions (fintech), psychological factors, and regulatory awareness on online gambling decisions. Novelty: The novelty of this research lies in the integration of three variables in one online gambling behavior analysis model with a quantitative approach that is still rarely studied.. Research Methods: This study uses a quantitative approach with a survey method on 80 respondents who have or are gambling online. Data analysis techniques are carried out through multiple linear regression using SPSS software version 25. Finding/Results: The results of the study show that the ease of fintech transactions and psychological factors have a positive and significant effect on online gambling decisions. Meanwhile, the regulatory awareness variable does not show a significant effect. This finding shows that technological aspects and psychological conditions are greater in driving online gambling behavior than legal awareness without the implementation of strict regulations. Conclusion: Efforts to mitigate online gambling behavior are not sufficient through a regulatory approach alone, but need to be combined with educational strategies, financial technology controls, and psychological interventions.
References
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Siponen, M., Adam Mahmood, M., & Pahnila, S. (2014). Employees’ adherence to information security policies: An exploratory field study. Information and Management, 51(2), 217–224. https://doi.org/10.1016/j.im.2013.08.006
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Sundqvist, K., & Rosendahl, I. (2019). Problem Gambling and Psychiatric Comorbidity-Risk and Temporal Sequencing Among Women and Men: Results from the Swelogs Case-Control Study. Journal of Gambling Studies, 35(3), 757–771. https://doi.org/10.1007/s10899-019-09851-2
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Yuliani, W. E. S. (2023). Metodologi Penelitian Bagi Pemula (Prio Utomo (ed.); 1st ed.). Widina Bhakti Persada.
Zavolokina, L. et al. (2016). Fintech - What ’ s in a name ? Cell, 153(May 2016), 10–11. https://www.researchgate.net/publication/318268448_FinTech_-_What’s_in_a_Name
Amnas, M. B., Selvam, M., Raja, M., Santhoshkumar, S., & Parayitam, S. (2023). Understanding the Determinants of FinTech Adoption: Integrating UTAUT2 with Trust Theoretic Model. Journal of Risk and Financial Management, 16(12). https://doi.org/10.3390/jrfm16120505
Bitanihirwe, B. K. Y., Adebisi, T., Bunn, C., Ssewanyana, D., Darby, P., & Kitchin, P. (2022). Gambling in Sub-Saharan Africa: Traditional Forms and Emerging Technologies. Current Addiction Reports, 9(4), 373–384. https://doi.org/10.1007/s40429-022-00449-0
Canale, N., Vieno, A., Griffiths, M. D., Rubaltelli, E., & Santinello, M. (2015). Trait urgency and gambling problems in young people by age: The mediating role of decision-making processes. Addictive Behaviors, 46, 39–44. https://doi.org/10.1016/j.addbeh.2015.02.020
Citra Arafabiola Pramudhya Anggraeni, & A. Zahid. (2024). Modal Ekonomi Judi Slot Sebagai Peningkatan Ekonomi Secara Cepat Mahasiswa. Jurnal Pendidikan Dan Ilmu Sosial (Jupendis), 2(2), 136–158. https://doi.org/10.54066/jupendis.v2i2.1524
Dash, M., & Howard, E. (2024). The Impact of Online Gambling on Mental Health in New Zealand: A Comparative Study. International Journal of Scientific Research and Management (IJSRM), 12(06), 1069–1080. https://doi.org/10.18535/ijsrm/v12i06.mp03
databoks. (2024). 10 Negara dengan Pengguna Situs Judi Online Terbanyak Kuartal I 2024. Databoks.Katadata.Co.Id. https://databoks.katadata.co.id/teknologi-telekomunikasi/statistik/67064e9a0b369/10-negara-dengan-pengguna-situs-judi-online-terbanyak-kuartal-i-2024
Davis, F. D. (1989). Perceived Usefulness, Perceived Ease of Use, and User Acceptance of Information Technology. MIS Quarterly, 13(3), 319–340. https://doi.org/10.5962/bhl.title.33621
Davis, F. D., & Granic, A. (2024). Book Review : The Technology Acceptance Model - 30 Years of TAM The background to TAM The Evolution , Revolution and Future of TAM.
Derevensky, J. L., & Gupta, R. (2000). Youth Gambling: A Clinical and Research Perspective. Journal of Gambling Issues, 2, 1–11. https://doi.org/10.4309/jgi.2000.2.3
Dowling, N. A., Ewin, C., Youssef, G. J., Merkouris, S. S., Suomi, A., Thomas, S. A., & Jackson, A. C. (2018). Problem gambling and family violence: Findings from a population-representative study. Journal of Behavioral Addictions, 7(3), 806–813. https://doi.org/10.1556/2006.7.2018.74
Gainsbury, S. M., Russell, A., Hing, N., Wood, R., Lubman, D., & Blaszczynski, A. (2015). How the Internet is Changing Gambling: Findings from an Australian Prevalence Survey. Journal of Gambling Studies, 31(1), 1–15. https://doi.org/10.1007/s10899-013-9404-7
Ghozali, I. (2012). Aplikasi Analisis Multivariate dengan Program IBM SPSS 20. . Badan Penerbit – Universitas Diponegoro.
Gomber, P., Koch, J. A., & Siering, M. (2017). Digital Finance and FinTech: current research and future research directions. Journal of Business Economics, 87(5), 537–580. https://doi.org/10.1007/s11573-017-0852-x
Griffiths, M. D. (2018). Is the buying of loot boxes in video games a form of gambling or gaming? Gaming Law Review. https://doi.org/10.1089/glr2.2018.2216
Hair JR, J. F. (2010). Multivariate Data Analysis. Seventh Edition.
Hing, N., Russell, A., Tolchard, B., & Nower, L. (2016). Risk factors for gambling problems: An analysis by gender. Journal of Gambling Studies, 32(2), 511–534. https://doi.org/10.1007/s10899-015-9548-8
Kaya, Z. et al. (2023). Predicting Digital Addiction in Adolescents: The Role of Perceived Social Support and Well-Being Variables. International Journal of Progressive Education, 19(3), 27–44. https://doi.org/10.29329/ijpe.2023.546.2
Kesuma, R. D. (2023). Penegakan Hukum Perjudian Online di Indonesia: Tantangan dan Solusi. Journal Exact: Journal of Excellent Academic Community, 1(1), 34–52.
King, D. L., Delfabbro, P. H., Billieux, J., & ... (2020). Problematic online gaming and the COVID-19 pandemic. Journal of Behavioral …. https://akjournals.com/view/journals/2006/9/2/article-p184.xml?body=citedBy-21917
Kong, G., Smith, P. H., Pilver, C., Hoff, R., & Potenza, M. N. (2016). Problem-gambling severity and psychiatric disorders among American-Indian/Alaska native adults. Journal of Psychiatric Research, 74, 55–62. https://doi.org/10.1016/j.jpsychires.2015.12.004
Koran Tempo. (2024). Daftar 5 Negara Pemain Judi Online Terbanyak, Indonesia Tertinggi. Www.Tempo.Co. https://www.tempo.co/ekonomi/daftar-5-negara-pemain-judi-online-terbanyak-indonesia-tertinggi-62003
Messerlian, C., Byrne, A. M., & Derevensky, J. L. (2004). Gambling, youth and the internet: should we be concerned? The Canadian Child and Adolescent Psychiatry Review = La Revue Canadienne de Psychiatrie de l’enfant et de l’adolescent, 13(1), 3–6. http://www.ncbi.nlm.nih.gov/pubmed/19030146%0Ahttp://www.pubmedcentral.nih.gov/articlerender.fcgi?artid=PMC2533814
Mestre-Bach, G., Steward, T., Granero, R., Fernández-Aranda, F., Talón-Navarro, M. T., Cuquerella, àngel, Baño, M., Moragas, L., del Pino-Gutiérrez, A., Aymamí, N., Gómez-Peña, M., Mallorquí-Bagué, N., Vintró-Alcaraz, C., Magaña, P., Menchón, J. M., & Jiménez-Murcia, S. (2018). Gambling and impulsivity traits: A recipe for criminal behavior? Frontiers in Psychiatry, 9(JAN). https://doi.org/10.3389/fpsyt.2018.00006
Milian, E. Z., Spinola, M. de M., & Carvalho, M. M. d. (2019). Fintechs: A literature review and research agenda. Electronic Commerce Research and Applications, 34(February). https://doi.org/10.1016/j.elerap.2019.100833
Miller, M. K., Clark, J. D., & Jehle, A. (2015). Cognitive Dissonance Theory (Festinger). The Blackwell Encyclopedia of Sociology, October 2015. https://doi.org/10.1002/9781405165518.wbeosc058.pub2
Mordor Intelegence. (2025). Online Gambling Market Growth - Industry Analysis, Size & Forecast Report (2025 - 2030). Mordor Intelegence. https://www.mordorintelligence.com/industry-reports/online-gambling-market
Rivera, Hector Colon, K. F. (2024). What is Gambling Disorder? American Psychiatric Assosiation. https://www.psychiatry.org/patients-families/gambling-disorder/what-is-gambling-disorder#:~:text=in your browser.-,Diagnosis,money problems caused by gambling
Sinambela, L. P., & Sinambela, S. (2021). Metodologi Penelitian Kuantitatif Teoritik dan Praktik. Rajagrafindo Persada.
Siponen, M., Adam Mahmood, M., & Pahnila, S. (2014). Employees’ adherence to information security policies: An exploratory field study. Information and Management, 51(2), 217–224. https://doi.org/10.1016/j.im.2013.08.006
Sugiyono. (2022). Metode Penelitian Kuantitatif, Kualitatif dan R&D (2nd ed.). Alfabeta.
Sundqvist, K., & Rosendahl, I. (2019). Problem Gambling and Psychiatric Comorbidity-Risk and Temporal Sequencing Among Women and Men: Results from the Swelogs Case-Control Study. Journal of Gambling Studies, 35(3), 757–771. https://doi.org/10.1007/s10899-019-09851-2
Umuri Chairul, et al. (2024). Increasing Students’ Awareness Of The Dangers Of Online Loans And Online Gambling Through Education And Socialization Khairil. Jurnal Pengabdian Bakti Akademisi, 1(3).
Williams, R. J., West, B. L., & Simpson, R. I. (2013). PREVENTION OF PROBLEM GAMBLING: A Comprehensive Review of the Evidence and Identified Best Practices Robert. International Journal of Mental Health and Addiction, 23(4), 165–179. http://rgtinfohub.org.uk/browse/entry/an-examination-of-social-marketing-campaigns-for-the-prevention-of-youth-pr/%5Cnhttp://www.olgr.nsw.gov.au/rr_ama_2003.asp%5Cnhttp://dx.doi.org/10.1300/J069v19n02_04%5Cnhttp://www.gamblingresearch.org/content/research.php?a
Yoon, C., & Kim, H. (2013). Understanding computer security behavioral intention in the workplace: An empirical study of Korean firms. Information Technology and People, 26(4), 401–419. https://doi.org/10.1108/ITP-12-2012-0147
Yuliani, W. E. S. (2023). Metodologi Penelitian Bagi Pemula (Prio Utomo (ed.); 1st ed.). Widina Bhakti Persada.
Zavolokina, L. et al. (2016). Fintech - What ’ s in a name ? Cell, 153(May 2016), 10–11. https://www.researchgate.net/publication/318268448_FinTech_-_What’s_in_a_Name
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