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Economy => Gambling discussion => Topic started by: fiulpro on October 23, 2020, 04:21:21 PM



Title: Online Gambling could be used to pay for covid problems
Post by: fiulpro on October 23, 2020, 04:21:21 PM
I don't know if it has been shared or not , but Europe is considering to tighten the laws of Gambling especially the online ones. They want to **regulate** it , which actually means that they want these online gambling casinos to pay up the government somehow.

https://www.euroweeklynews.com/2020/10/22/will-european-countries-regulate-online-gambling-to-pay-for-covid-19/ (https://www.euroweeklynews.com/2020/10/22/will-european-countries-regulate-online-gambling-to-pay-for-covid-19/)

We already have laws regarding these casinos but I do believe for the government it is not enough.

Pros:
 1. Can help regulate the spam casinos
 2. People will have security
 3. They will be protected by the laws

Cons:
 1. People will have to actually pay up more indirectly for extra charges
 2. No privacy

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What do you think ?
Is this essential? Would it affect the online casinos?
 


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Bttzed03 on October 23, 2020, 04:48:16 PM
New tax measures for online businesses have been proposed in almost every country because the Government needed new source of funds. They won't be able to collect much from traditional businesses (non-essentials) because we already know they've been hit hard by the pandemic too. Online selling and gambling have been the most profitable that's why these proposals are to be expected.

Is this essential?
For the Government, yes. For the gamblers, No.

Would it affect the online casinos?
It depends on the jurisdiction. Casinos are only liable to the country where they got their license if I'm not mistaken. Changes in policies in countries like UK, Germany, or Malta won't affect online casinos approved by the Curacao Government.

Most bitcoin/crypto casinos here are registered in Curacao, I guess the answer is no?


Title: Re: Online Gambling could be used to pay for covid problems
Post by: fiulpro on October 23, 2020, 06:10:14 PM
New tax measures for online businesses have been proposed in almost every country because the Government needed new source of funds. They won't be able to collect much from traditional businesses (non-essentials) because we already know they've been hit hard by the pandemic too. Online selling and gambling have been the most profitable that's why these proposals are to be expected.

Is this essential?
For the Government, yes. For the gamblers, No.

Would it affect the online casinos?
It depends on the jurisdiction. Casinos are only liable to the country where they got their license if I'm not mistaken. Changes in policies in countries like UK, Germany, or Malta won't affect online casinos approved by the Curacao Government.

Most bitcoin/crypto casinos here are registered in Curacao, I guess the answer is no?


I do believe that even if most of the casinos are situated outside the country the rule will apply on people who are going to use them. Even if someone from Europe decides to use the casinos the rules will be applicable on them and therefore I believe this is important for all of us.

If someone is going to use them , they are going to pay for the extra charges related to the laws concerned. If the government decides that the casinos have to pay 5% of the total funds deposited or something like that , they will make sure that people have to at least pay 3.5% since the margin is not as good for them too.

Plus the registration of Curacao is weird since they don't even allow their own citizens to play , there was a whole topic about it .. anyways if it will affect people it will affect the casinos itself.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: rijaljun on October 23, 2020, 07:36:23 PM
What comes to my mind immediately if it was regulated for sure it would require to conduct a KYC which would violated on what most of us like which is Anonymity but we can't blame the government since I think they're just doing this to have some extra source of fund to sustain their economy due to this pandemic.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Saint-loup on October 23, 2020, 08:14:15 PM
What comes to my mind immediately if it was regulated for sure it would require to conduct a KYC which would violated on what most of us like which is Anonymity but we can't blame the government since I think they're just doing this to have some extra source of fund to sustain their economy due to this pandemic.
They don't need to impose KYC for that, with the blockchain governements could easily monitor the funds comitted on the platforms and tax them


Title: Re: Online Gambling could be used to pay for covid problems
Post by: stomachgrowls on October 23, 2020, 08:27:37 PM
Essential for government since we know on how gambling sites do make out big money which would means that tax will also comes into play and its not a surprising thing that
government would always love to go in things on where they can see that they would able to benefit out.

Most government now do really having this kind of solution since this pandemic did really give out some massive hit in means of economic state.
They had already opened these establishments and do continue their operation.They know that it will really be useful in times like these.

When it comes to regulation then expect for something like that.Fiat casinos is much more centralized where KYC would always be a norm.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: dothebeats on October 23, 2020, 08:30:50 PM
Regulation does not always necessarily mean taxation. Perhaps they just want to minimize the fraud and possibly restrict some activities active in the online gambling platforms but not in brick-and-mortar casinos. But given that we have been battered with the wrath of a pandemic, it's not really far off that we will see the government trying to tax online gambling platforms to collect something out of them and to complement their already depleting funds due to this pandemic.

What do you think ?
Is this essential? Would it affect the online casinos?
 

Not really essential, though it is a step forward albeit the potential damaging effects of the regulations to the online gambling industry since KYC will be implemented that's for sure, plus a lot of other privacy-related concerns since we're talking about the government here.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: enhu on October 23, 2020, 08:55:02 PM
Essential for government since we know on how gambling sites do make out big money which would means that tax will also comes into play and its not a surprising thing that
government would always love to go in things on where they can see that they would able to benefit out.

Most government now do really having this kind of solution since this pandemic did really give out some massive hit in means of economic state.
They had already opened these establishments and do continue their operation.They know that it will really be useful in times like these.

When it comes to regulation then expect for something like that.Fiat casinos is much more centralized where KYC would always be a norm.

The pandemic forces the government to find alternatives to get some funds, not just taxes from indivduals but also tp online businesses. Casinos are the easiest gateway for laundering I'm sure they have that in mind and they are not going to make it easy for casinos.

They make a lot of money considering that they are not affected with the pandemic and instead continue to enjoy making more money.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: notblox1 on October 23, 2020, 09:08:59 PM
What do you think ?
Is this essential? Would it affect the online casinos?
 

I think they started doing it locally first first Germany and some other countries, and I think they will add some extra tax and restrictions to try and cut some losses.
With added kyc verifications we can only see more taxes not just for casinos but also for regular people and customers.
It is all just one big money collecting machine and nothing will change until people start to complain in large numbers.
Sure we need some regulations but not total control of everything.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Yaunfitda on October 23, 2020, 09:19:09 PM
Just ironic though, governments are blaming gambling because they said that it is harmful specially if someone becomes an addict, so it's illegal per se. And now they are shifting focus and wanted to tighten it because it could be used to pay for covid problems? Double standard. I'm not down with this one, and it seems that they don't have any resources to help the covid pandemic and they will have to get it from online/offline gamblers.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: FinneysTrueVision on October 23, 2020, 09:28:35 PM
This seems unnecessary. Unless a casino business is based in your jurisdiction you don't need to try and take money away from them that they earned. Imposing even more regulations on them could negatively impact casinos and gamblers and push people towards more private, unregulated options that don't require KYC. At least some countries are loosening their restrictions on online gambling like Germany and Latvia so all hope is not lost.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: johhnyUA on October 23, 2020, 09:29:44 PM
I don't know if it has been shared or not , but Europe is considering to tighten the laws of Gambling especially the online ones. They want to **regulate** it , which actually means that they want these online gambling casinos to pay up the government somehow.
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What do you think ?
Is this essential? Would it affect the online casinos?
 

Man, this is what a government is: trying to get tax from everything it can. And yeah, "regulations" is never going to be good. More likely theu just create few "licensed" casinos where everything will be shitty and many grey casinos, where everything will be even worse (scams become more often in their part).

Also with all this leftists shit, i think in near future you will think not about is it good to tax and regulate casino rather about "Is it good to tax fresh air outside"?


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Wapfika on October 23, 2020, 09:31:44 PM
As the economy is having problem and finding ways to keep them is to find  ways to taxed people and companies and now due to Pandemic many were just using their time more in online activities, may it be for their job, school as well in gambling so it's not really new that they will make it regulated for them to put tax. We can be a help the government in these way but it may put some restrictions in our gaming and sense of privacy.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: TimeTeller on October 23, 2020, 10:16:27 PM
As the economy is having problem and finding ways to keep them is to find  ways to taxed people and companies and now due to Pandemic many were just using their time more in online activities, may it be for their job, school as well in gambling so it's not really new that they will make it regulated for them to put tax. We can be a help the government in these way but it may put some restrictions in our gaming and sense of privacy.

From the gamblers side, it is not good as it may incur additional charges and yes, privacy is another issue here.
But if we look at it from the government's side, this will be another avenue to earn income.
And that they badly needed this option, as a lot of businesses are still not in good shape.
Also, prevent scam online casinos. There's a lot of them actually, trying to dupe naive players.
So there are pros and cons on both sides, just weigh your options as a gambler.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: batang_bitcoin on October 23, 2020, 10:16:57 PM
Is this essential? Would it affect the online casinos?
It is essential for casinos that have office in their jurisdiction. But if not, they are not covered of this law not unless the law states specifically to the gamblers who are residing covered by that law. The ones that will feel the impact are mostly those casinos or individuals that are on that country that will apply that possible law they're about to create. I can't give that much of my opinion on this as it's still on the process and consideration, I'll wait until it's being passed on, read and finalized.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Eternad on October 23, 2020, 10:32:51 PM
Just ironic though, governments are blaming gambling because they said that it is harmful specially if someone becomes an addict, so it's illegal per se. And now they are shifting focus and wanted to tighten it because it could be used to pay for covid problems? Double standard. I'm not down with this one, and it seems that they don't have any resources to help the covid pandemic and they will have to get it from online/offline gamblers.
If it will only due to money or tax they wanted to charged then just let the gambling casino registered but not fully regulated by them. Let the casino just required some permits to operate so they can still taxed them depending on the amount they earned thru gambling or make it only as a requirement to continue to operate but not literally regulating them and put changes in online casino. Many governments see that many were dealing online transactions that lessening the amount paid by registered companies. Any online transactions now were eyeing by many governments even the use of Spotify and Netflix. They wil need to provide a system to see how they will taxed online transactions now.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: DabsPoorVersion on October 23, 2020, 10:52:00 PM
What do you think ?
Is this essential? Would it affect the online casinos?
 
This is essential only to the government,

This is not okay for online gamblers because their privacy will be gone and this will add more additional charges from them, though it is okay to tax as long as it will help the covid problems but due to regulations, this will make gamblers provide their identity even if they don't want to.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Oasisman on October 23, 2020, 11:09:06 PM

 2. No privacy

This alone could affect both the gamblers and the online casino. Nobody wants to be monitored, and thus the main reason why people wants to gamble using crypto.
Regulating online casinos will just make online gambling an expensive leisure.
In this dire situation the government tends to monetize everything from the internet, they want to impose tax and regulate everything as physical stores and casinos are limited and doesn't able to generate enough income to meet the normal taxation value. I'm not sure If gamblers and online casinos are benefiting from it, but one thing is for sure, it'll always in the favor of the government.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Assface16678 on October 23, 2020, 11:35:47 PM
What do you think ?
Is this essential? Would it affect the online casinos?
 
Regulation and taxation, right? To most of the activities, governments are looking for a way in order to get something from it. I do like the idea that the money that would be taxed from gambling would help the economy but corruption exist, I doubt each government will responsibly use the taxes from this industry to aid this pandemic perhaps, or to simply put the taxes in the right track. That's the only thing i'm concerned with. Taxation is not a problem but its essence does. Not all gamblers are winning bigtime and if the taxes on this activity will just be directed to their corrupted pockets, efforts will be in vain. But I doubt it would push away gamblers in online platforms to not engage, it is like on vices wherein no matter how high the price already is, consumers would still purchase some.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: AliMan on October 23, 2020, 11:36:33 PM
As the economy is having problem and finding ways to keep them is to find  ways to taxed people and companies and now due to Pandemic many were just using their time more in online activities, may it be for their job, school as well in gambling so it's not really new that they will make it regulated for them to put tax. We can be a help the government in these way but it may put some restrictions in our gaming and sense of privacy.

This is a good alternative when tax will be implemented with online gambling, and as pandemic will be suppressed normal life will be saturated. Government need businesses to sustain, so in cooperation with different sectors I think it's an ample solution. Regulations should be imposed with definite classifications, not just with gambling but also for other types of institutions particular with online goods.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Oilacris on October 23, 2020, 11:43:16 PM
As the economy is having problem and finding ways to keep them is to find  ways to taxed people and companies and now due to Pandemic many were just using their time more in online activities, may it be for their job, school as well in gambling so it's not really new that they will make it regulated for them to put tax. We can be a help the government in these way but it may put some restrictions in our gaming and sense of privacy.

This is a good alternative when tax will be implemented with online gambling, and as pandemic will be suppressed normal life will be saturated. Government need businesses to sustain, so in cooperation with different sectors I think it's an ample solution. Regulations should be imposed with definite classifications, not just with gambling but also for other types of institutions particular with online goods.
For some example here in our country where every business and institutions had already opened up their doors because it wont be sustainable if they do decide up to close everything excluding to those essentials.

Theres no other possible solution on where to get those funds to be used on lots of purpose but only to the tax itself. Last resort would be taking out some loans or debts from other rich countries
which it isnt really a wise idea where it would just worsen up the economic state of such country.

Gambling businesses is profitable even on this middle of pandemic, there were still gamblers that who do still play out and making this business still making some money or revenue.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: maydna on October 24, 2020, 01:22:10 AM
Every country can make regulations related to gambling, and they can force gambling, whether it's offline or online gambling, to pay the taxes. The gambling owners should know and search for more about that, and they should obey it because if they break, I am afraid that the government will not allow them to operate.

If people should pay the taxes for playing gambling or get a limitation in using their money to playing gambling, I think that would be good since the government wants to help people reduce their time in gambling.

The decision will have two opinions from people who will agree and disagree, and that is the government's job to decide which is good for their country. Perhaps, that can affect the online casinos, but we know that the online casinos will figure out how to avoid the countries which have too many regulations.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: mezzaluna on October 24, 2020, 01:33:25 AM
Its actually not just used to pay for Corona Virus related problems but rather even before the pandemic came, users are already resorting to gambling to sustain their daily living (only if you are winning). Online gambling is always helpful to people who really wants to monetize their time in some way although it can quite damage their capital too. Regulations regarding Online Gambling should depend on the website? I guess? Since they can cater international players.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Janation on October 24, 2020, 02:25:27 AM
What do you think ? Is this essential? Would it affect the online casinos?

I think that it is badly needed by the government.

Most of the funds of the government right now are focussed on how they would be able to take care of their citizens while also strengthening their medical force to fight this pandemic. For the gamblers, I don't think so since that just means more fees and as you've said, no anonymity. People might choose to gamble on other sites rather than stopping.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Ayiranorea on October 24, 2020, 03:15:21 AM
Online gambling can't be attributed with the covid-19 pandemic. Even before covid-19 people are much into online gambling. The usage of online gambling has increased during the pandemic lockdown followed around the globe. Gambling is just a small portion of one's entertainment. One is supposed to take care of their health, so for sure one needs to focus on developing immunity to overcome the covid-19 problem. For some reason we need to go to outer world for Survival.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: btc_angela on October 24, 2020, 03:21:51 AM
Traditional casino's has not been impacted by government taxes, although some of them might be enjoying some tax cuts or good deal with the governments that's why they still exists even in a small countries. But taxing online casino's to prevent fraud? How is that? Do they take this online casino's in court? I don't think this is essential though, and it's hard to regulate online casino's by nature. It's much complicated that regular and traditional based.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: carlisle1 on October 24, 2020, 03:55:33 AM
This is the problem about government stands,they are suing the gambling casinos online because it can be harmful for their people but now the twist happens that they wanted casinos to add funds for covid Victims.
it is either they wanted this to be bread and butter or they admitted about cannot handle the gambling totally so" if you can't Hit them Just Join them "

Hope that this will not lure the gambling operators out of europe or instead of doing legally the operators will hide in illegal form of gambling.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: robelneo on October 24, 2020, 04:14:26 AM
Online gambling is one of the few industries that thrive in the Covid period pandemic and imposing more tax measures will ease the burden of these nations, government are always on the look for revenues and since so many industries are down they are now looking on the obvious which is the online gambling, it's not that will affect the online casinos it's just that the action is understandable, and they can strike up a deal but not to the point that they will slice a big shares of the revenues.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: btc78 on October 24, 2020, 04:15:43 AM
I totally support the government action towards this matter because at least funds will be taken from those casino operators and companies that bagging tons of money from gamblers and pays small amount of taxes.
and besides this is to help people that In need specially this pandemic time that we already knew about How European countries suffers a lot and needed funds to support their people.
in some manners at least the government is seeking for Legit way of taxation and not just suck implementation .


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Yogee on October 24, 2020, 04:29:11 AM
I totally support the government action towards this matter because at least funds will be taken from those casino operators and companies that bagging tons of money from gamblers and pays small amount of taxes.
Governments have to tread carefully when it comes to tightening regulation and imposing more taxes on online casinos registered in their country.

The possibility of casinos passing off taxes to gamblers in the form of service charges is there. Many players will leave and move on to other online casinos iif that happens.

Governments will end up collecting less taxes from online casinos since players left because of tight regulations and increased service fees.



Title: Re: Online Gambling could be used to pay for covid problems
Post by: Darker45 on October 24, 2020, 04:31:14 AM
The article doesn't seem to talk about regulating the online gambling industry to make a lot of money. Of course, legal online gambling sites pay taxes accordingly but there seems to be no plan for a significant increase during this time of COVID-19. On the contrary, there seems to be a tightening on gamblers' spending.

  • In the UK, the proposed overhauling of its gambling laws would instead diminish gambling tax revenue rather than increase it. The proposed gambling reforms will tighten instead of loosen the existing gambling laws.
  • In Germany, online gambling, which was once banned, will already be allowed next year but it was mentioned that the step is not in reaction to COVID-19. Furthermore, strict measures such as setting a €1 maximum limit per slot spin and €1,000 monthly deposit limit are in place. Gambling ads will also not be allowed late at night.
  • In Sweden, amidst the pandemic, the "government called for a mandatory weekly deposit limit of SEK5,000 and curbs on bonuses for the rest of 2020." This measure has caused a significant drop of gambling revenue in the middle of the pandemic.
  • In Latvia, the government has instead stopped all online gambling as part of the government's COVID-19 response earlier in the year, although the country eventually allowed its operation months later.
  • In the Netherlands, online gambling has yet to be legalized.

All in all, I would say there is no sign, much less pattern, that online gambling is being used to raise money to pay COVID-19 expenses.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Free Market Capitalist on October 24, 2020, 04:38:13 AM
That's just another excuse to rip people off. It's like environmental taxes, the ones added to gasoline, for example. Do you think the government spend them to plant little trees? No, that money goes into the common budget and from there they go on spending, which is the only thing they know how to do, spend, spend, spend.

If those taxes are imposed, then, when the COVID-19 crisis is over, the taxes will still be there.



Title: Re: Online Gambling could be used to pay for covid problems
Post by: Google+ on October 24, 2020, 04:48:01 AM
I totally support the government action towards this matter because at least funds will be taken from those casino operators and companies that bagging tons of money from gamblers and pays small amount of taxes.
and besides this is to help people that In need specially this pandemic time that we already knew about How European countries suffers a lot and needed funds to support their people.
in some manners at least the government is seeking for Legit way of taxation and not just suck implementation .
I think there are still many offline and online gambling places that don't provide tax properly and correctly because the government is still difficult to collect taxes at gambling places, because not everyone can get a lot of wins and what will happen if the gambler loses a very large amount much do they have to pay taxes because usually when companies are asked for taxes they will give additional taxes to their customers, because I am sure the owners of gambling places do not want to lose because of taxes.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: rodskee on October 24, 2020, 05:03:12 AM

Governments have to tread carefully when it comes to tightening regulation and imposing more taxes on online casinos registered in their country.
I think Europe did deep and thorough investigation before imposing this one.
The possibility of casinos passing off taxes to gamblers in the form of service charges is there. Many players will leave and move on to other online casinos iif that happens.
This is the problem because for sure the Casino owners won't let their income be lessen just because of taxation and the probabilities are always there that it will be passed to the gamblers.
Governments will end up collecting less taxes from online casinos since players left because of tight regulations and increased service fees.


This is the worst scenario of this government action but i think that desperation is what leads the government from imposing this law.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Wexnident on October 24, 2020, 05:18:34 AM
Guess the government has to somehow pull out funds from somewhere else cause clearly they aren't able to carry the burden anymore. A lot of mixed reactions here, but it would end up in mostly negative reactions from the side of gamblers tbh. mostly due to possibly due to this being a simple excuse for the government to rip off money from gamblers, who are in fact just minding their own business on one side of the world. It's like slamming the door open to a house, demanding payment for some stupid rule that the king decided for the "greater good".

Plus, I imagine that the same rule would still be in place even without the Covid. This probably just gave them a suitable excuse to implement such a rule. Though it isn't exactly without benefits, but honestly, even without it, gamblers would still be quite happy with their lives.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: swogerino on October 24, 2020, 06:42:04 AM
In this pandemic time all the governments are trying to get revenue in taxes from almost every business they can think of.The first total lockdown was so bad for many businesses and now the governments want more taxes.Online gambling sure can add taxes but it is not good for us gamblers and our privacy in general.I think crypto casinos should be safe from this law if it is implemented for Fiat casino.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: DoublerHunter on October 24, 2020, 06:45:41 AM
~snip~
Plus, I imagine that the same rule would still be in place even without the Covid. This probably just gave them a suitable excuse to implement such a rule. Though it isn't exactly without benefits, but honestly, even without it, gamblers would still be quite happy with their lives.
^ But at least through the gambling companies located in EUROPE, their government had to find ways to generate revenue for covid victims.
Probably this is the best way to get fast recovery their economy from the suffering of the economic problems that most countries were experienced. And gambling industries really had useful resources that help to boost economic growth. Nevertheless, since they are regulated gambling there is no way for them not to pay taxes that implemented.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: celot on October 24, 2020, 08:03:23 AM
~snip~
Plus, I imagine that the same rule would still be in place even without the Covid. This probably just gave them a suitable excuse to implement such a rule. Though it isn't exactly without benefits, but honestly, even without it, gamblers would still be quite happy with their lives.
^ But at least through the gambling companies located in EUROPE, their government had to find ways to generate revenue for covid victims.
Probably this is the best way to get fast recovery their economy from the suffering of the economic problems that most countries were experienced. And gambling industries really had useful resources that help to boost economic growth. Nevertheless, since they are regulated gambling there is no way for them not to pay taxes that implemented.
I think that is very wrong and it is not true that there is a gambling platform involved in raising funds for victims of Covid 19, perhaps many are expecting how the current gambling site can help Covid victims by providing medical devices for medical personnel and also helping for humanitarian action other.  There may also be some foundations that do not accept assistance from betting sites which are prohibited in all religions because it can harm themselves and also harm their families, even if you are addicted to gambling, all your assets will quickly run out. However, it all depends on each individual, whether playing gambling is just a hobby or just for fun, there are also those who make gambling their main livelihood.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: molsewid on October 24, 2020, 08:05:58 AM
What do you think ?
Is this essential? Would it affect the online casinos?
 

It is essential for the government because they need to find more ways to generate more money to fight covid problems.
Obviously, it would affect online casinos. Some gamblers prefer these casinos because they charge low fees. If they add extra charges and required users to pass valid I.D, some players might want to stop using these casinos.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: iamsheikhadil on October 24, 2020, 08:18:23 AM
I think it might affect players because then the casino would have to actually make more profit to pay up for the government fees, and the only way they can do it is by increasing the house-edge. That will be loss to players in the long run. But the thing is, if the government will be using these lost funds for the benefits of people then I don't see any harm. If I lose big, and the casinos pay some part of it to the government, I'll see it as a tax from me to the government and the government if honest, will use the money for public benefit which is to benefit me only. So it's a win even at loss :)


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Rodeo02 on October 24, 2020, 08:22:51 AM
I think it might affect players because then the casino would have to actually make more profit to pay up for the government fees, and the only way they can do it is by increasing the house-edge. That will be loss to players in the long run. But the thing is, if the government will be using these lost funds for the benefits of people then I don't see any harm. If I lose big, and the casinos pay some part of it to the government, I'll see it as a tax from me to the government and the government if honest, will use the money for public benefit which is to benefit me only. So it's a win even at loss :)

No, I don't think they need to do that they can only give in government a share from their earnings and will not ask for more than their capacity to pay for taxes . Its business no need to ask for too much in tax if they only want is to have help from online gambling thats why they want to regulate it.

Asking too much will result of online casino to lost so I don't think they will push to ask too much taxes .


Title: Re: Online Gambling could be used to pay for covid problems
Post by: iv4n on October 24, 2020, 08:46:13 AM
It's what governments do, first they don't care, when they see how much money is in circulation they will create a set of laws to take their share (or in some cases to take the entire control). It's a force and you can't argue with the force!
I think it's hard to talk about this in general, there're too many countries and every country will create their own rules! Soft or hard rules and regulations, it's yet to be seen, but it will be different for many of us! I doubt we will have some universal rules that can be applied to all the countries at the same time!


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Lorence.xD on October 24, 2020, 08:51:17 AM
It's what governments do, first they don't care, when they see how much money is in circulation they will create a set of laws to take their share (or in some cases to take the entire control). It's a force and you can't argue with the force!
I think it's hard to talk about this in general, there're too many countries and every country will create their own rules! Soft or hard rules and regulations, it's yet to be seen, but it will be different for many of us! I doubt we will have some universal rules that can be applied to all the countries at the same time!
Their actions in regards to this is justifiable in my opinion. Tax is the lifeline of the government so it is reasonable that they want their piece of the pie. Contrary to popular belief, some laws from country are inspired by other country's law. If the country believes that it benefits more people when they pass the same law as that country then why not. The problem is that it gets muddled by the internal structure of a certain government by adding or removing some clauses.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Kong Hey Pakboy on October 24, 2020, 08:54:17 AM
If online gambling starts to regulate by the government, so they could have funds to support their COVID problem is an excellent idea because hospitals will not worry about treating their COVID patients. But not for everybody, especially for online gamblers, because it might increase its fees. There are chances for players to limit themselves from playing because they need to save money not to pay expensive fees.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ultrloa on October 24, 2020, 09:16:26 AM
I think it might affect players because then the casino would have to actually make more profit to pay up for the government fees, and the only way they can do it is by increasing the house-edge. That will be loss to players in the long run. But the thing is, if the government will be using these lost funds for the benefits of people then I don't see any harm. If I lose big, and the casinos pay some part of it to the government, I'll see it as a tax from me to the government and the government if honest, will use the money for public benefit which is to benefit me only. So it's a win even at loss :)

Do you think its a good idea to increase the house edge? because for that the interest of the gamblers to play on gambling site will vanish since for sure they will dismay for more higher house edge set on the gambling site and might that is the reason why there business shutdown and go bankrupt. And don't look for the benefits without counting the effect since for sure it will be messy so best to have a proper guidelines which can be fair on the casino as well with the gamblers.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: yayayo on October 24, 2020, 09:26:24 AM
Just like what you've said there's a pros and cons when it comes to a regulated gambling sites even though there will be a security for the players
the players personal details will be compromise which we don't like that's why we are here in the first place using crypto to be anonymous.

ya.ya.yo!


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Mauser on October 24, 2020, 10:08:07 AM
If online gambling starts to regulate by the government, so they could have funds to support their COVID problem is an excellent idea because hospitals will not worry about treating their COVID patients. But not for everybody, especially for online gamblers, because it might increase its fees. There are chances for players to limit themselves from playing because they need to save money not to pay expensive fees.

Online gambling as a part of a viable economy and tax payer is doing its part to help the government and provide funds to fight against the pandemic. But saying that online gambling should save the hole economy from going brankrupt is too much on my opinion. There are so many other sectors that can do their part in helping to relief everyone from corona. Just look at the boom on online shopping and on particular amazon. Why are these shipping in more?


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Yamifoud on October 24, 2020, 10:28:19 AM
In some countries (even in our country), the government had started imposing taxes on all online activities, and might possible that Online gambling will be included as they know that this involves huge money. Well, I'm not sure if they can fully regulate such activities if a site runs illegally. This is a big challenge this time because as the pandemic hits, more online gambling sites exist, and the sad thing is that many of them are illegal.

I don't think this could help to pay covid problems but this creates a huge problem in the community where scamming rises.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Reid on October 24, 2020, 10:45:30 AM
What comes to my mind immediately if it was regulated for sure it would require to conduct a KYC which would violated on what most of us like which is Anonymity but we can't blame the government since I think they're just doing this to have some extra source of fund to sustain their economy due to this pandemic.

Yes, my first thought also.
It's okay if it will help. But not, if it will just go to the government officials' pocket.
This will be a discussion about trust. Will they really give the accumulated taxes to the people?
But according to regulation, they must comply especially if their gambling base is in a strict country.
It's a win for the government but I doubt it will be for the customers.  ;D

I am just assuming and my opinion could be biased being a gambler.  ;)


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Finestream on October 24, 2020, 01:15:39 PM
I would like to segregate bitcoin casinos and fiat casinos, maybe what news is talking about is only fiat casinos, so there's nothing to worry for us here since we are crypto casinos gamblers, and the main feature of crypto casinos really are anonymity for the customers and hence we are not obliged to pay taxes for our winnings.

Regulation will certainly look on our private details as every site will demand KYC from gamblers, I don't like that.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: iv4n on October 24, 2020, 01:17:37 PM
It's what governments do, first they don't care, when they see how much money is in circulation they will create a set of laws to take their share (or in some cases to take the entire control). It's a force and you can't argue with the force!
I think it's hard to talk about this in general, there're too many countries and every country will create their own rules! Soft or hard rules and regulations, it's yet to be seen, but it will be different for many of us! I doubt we will have some universal rules that can be applied to all the countries at the same time!
Their actions in regards to this is justifiable in my opinion. Tax is the lifeline of the government so it is reasonable that they want their piece of the pie. Contrary to popular belief, some laws from country are inspired by other country's law. If the country believes that it benefits more people when they pass the same law as that country then why not. The problem is that it gets muddled by the internal structure of a certain government by adding or removing some clauses.

I don't think this is justifiable, at least not in the case of pandemic! The same governments created the entire mess with their actions (locking down, forcing people to stay home...) and now they wish to make money on someone else's back?!
Maybe I live in fucked-up country where I developed my distrust to any kind of government, and I know that tax money is not going back to the people and developing of the country, it goes straight in the pockets of powerful! Just to be clear about one thing, I am not against the tax if it's used in the right way, but if the tax is the robbery than I can't support that!


Title: Re: Online Gambling could be used to pay for covid problems
Post by: michellee on October 24, 2020, 01:25:39 PM
It is normal to see many things that will happen with the pros and cons, especially if we talk about regulated gambling sites. Gamblers don't want to have regulated by the government, especially if the government or the site applies the KYC. KYC is something that the gamblers avoided because many of them don't like to share their document with other third parties.

The regulations can really affect gambling sites if the government forces those regulations to the site. The site will lose the members who don't want to fill the KYC. But if the regulations are really applied in European countries, I think many gamblers from those countries will not use the sites which come from that country, and they will search for the other gambling site which doesn't use KYC.

But if the sites ask for donations or whatever its name, including taxes to help the Covid-19 patients, I think it makes sense because the gambling sites make a thousand dollars. As long as the sites don't use KYC and only apply taxes to help Covid-19, the gamblers will agree.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Fundamentals Of on October 24, 2020, 01:25:47 PM
I would like to segregate bitcoin casinos and fiat casinos, maybe what news is talking about is only fiat casinos, so there's nothing to worry for us here since we are crypto casinos gamblers, and the main feature of crypto casinos really are anonymity for the customers and hence we are not obliged to pay taxes for our winnings.

Regulation will certainly look on our private details as every site will demand KYC from gamblers, I don't like that.

They're probably talking about online casinos in general but that is normally understood as fiat online casinos since crypto casinos are very limited. We can only probably count with our fingers the crypto casinos registered in European countries.

I don't think crypto automatically means no tax. It depends on specific countries. I guess there is no single country which says your crypto is tax free.

I also don't think regulation necessarily means KYC.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: adzino on October 24, 2020, 02:16:36 PM
-snip-
Pros:
 1. Can help regulate the spam casinos
 2. People will have security
 3. They will be protected by the laws

1. Not really. They will setup a  fake casino. Won't register. Most people don't care about license or registration. They will see some good offers, they will deposit and then they will lose their money/coins.
2. How?
3. Not everyone will be protected. Remember, laws differ from country to country.

Cons:
 1. People will have to actually pay up more indirectly for extra charges
 2. No privacy
1. Someone has to pay for it. Be it the casino or the players. Based on all the pros who stated, don't you think its worth paying the extra charges?
2. As soon as you connect to the internet, there is no such thing as privacy. You can still always be tracked.



Title: Re: Online Gambling could be used to pay for covid problems
Post by: YuginKadoya on October 24, 2020, 02:40:04 PM
This could be good if the money they can get from all online gamblers would really go for a good cause, I am not saying that the government in Europe is all corrupt? but expected here in my country it is really worst because there are 90% in the governance back then that are corrupt and just because of the newly elected president this numbers just drop to 75% in my opinion,

What I am saying this regulating online casino can surely help in some ways but if it only goes to the pocket of some corrupt government then it is a total waste, but I am just saying this because of the situation now that they are suggesting it to use on the problems on covid 19 that is a great plan, but what if they had another in mind?


Title: Re: Online Gambling could be used to pay for covid problems
Post by: erikoy on October 24, 2020, 02:49:21 PM
This could be good if the money they can get from all online gamblers would really go for a good cause, I am not saying that the government in Europe is all corrupt? but expected here in my country it is really worst because there are 90% in the governance back then that are corrupt and just because of the newly elected president this numbers just drop to 75% in my opinion,

What I am saying this regulating online casino can surely help in some ways but if it only goes to the pocket of some corrupt government then it is a total waste, but I am just saying this because of the situation now that they are suggesting it to use on the problems on covid 19 that is a great plan, but what if they had another in mind?
You mean that they are just using the pandemic for their own sake? High chances are because you had stated so that 90% of the elected officials but were just drop to 75% which still high and thus base on your speculations. It so hard to trust these days with the people especially if it involves money. The plan may be good but the questions is that do the people working for the plan could be trusted? If not then better not to make it happen for it will just be a waste of time.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: fiulpro on October 24, 2020, 04:24:40 PM
What comes to my mind immediately if it was regulated for sure it would require to conduct a KYC which would violated on what most of us like which is Anonymity but we can't blame the government since I think they're just doing this to have some extra source of fund to sustain their economy due to this pandemic.
They don't need to impose KYC for that, with the blockchain governements could easily monitor the funds comitted on the platforms and tax them

But the thing is The government is trying to make a digital platform to actually locate anyone who is going to use funds by making KYC mandatory on all the platfroms at the same time making KYC mandatory for all the bank accounts owned by an individual. They are trying to not only check for illegal activities but also see any tax frauds.

Wallets , sites , bank accounts , all of them needs KYC !! If they would go to such lengths to impose the KYC on online gambling , no one would actually use it for sure since privacy is a big factor and they have to at least give some thought for the same. It would decrease the number of people interested in the online gambling so decrease their revenues. So I don't think they will do , they can do for sure but they won't kill their own taxes.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: plvbob0070 on October 24, 2020, 04:49:40 PM
It's undeniable that they can indeed earn more tax by regulating online gambling since online casinos have quite bigger profits. But the question is, will it really help to lessen COVID cases in Europe? Will they really see a change in their current situation because they will have more money to fight the pandemic?

As mentioned by the OP, there are benefits when they regulate online casinos, but obviously, gamblers won't like the idea of getting extra charge and having an issue with privacy.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: stomachgrowls on October 24, 2020, 04:52:06 PM
Essential for government since we know on how gambling sites do make out big money which would means that tax will also comes into play and its not a surprising thing that
government would always love to go in things on where they can see that they would able to benefit out.

Most government now do really having this kind of solution since this pandemic did really give out some massive hit in means of economic state.
They had already opened these establishments and do continue their operation.They know that it will really be useful in times like these.

When it comes to regulation then expect for something like that.Fiat casinos is much more centralized where KYC would always be a norm.

The pandemic forces the government to find alternatives to get some funds, not just taxes from indivduals but also tp online businesses. Casinos are the easiest gateway for laundering I'm sure they have that in mind and they are not going to make it easy for casinos.

They make a lot of money considering that they are not affected with the pandemic and instead continue to enjoy making more money.

They are really looking for alternatives or else they would really suffer because they wont really get any funds that would really be used up for those purposes.

Theres no other way on where to get taxes but only to those businesses that do pay up their obligations.On this time they wont really mind much about ethical things as long it can give out
tax then they wont really be bothering up if a certain industry is involved with some money laundering issue.

For sure those establishments are pretty aware that it would really be somewhat risky if they do make out operations that do involved with illegal stuff.They cant just
let themselves tagged along with it yet it will surely put at risk into their business.

We can see that majority of businesses now had been allowed to open their doors now into the public but ofcourse theres certain health protocol that really needed to be followed.
They do still think about peoples safety in spite of the motive that theyre aiming in talks of taxes which is still a must thing to be prioritize.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: kryptqnick on October 24, 2020, 05:11:50 PM
I don't know if it has been shared or not , but Europe is considering to tighten the laws of Gambling especially the online ones. They want to **regulate** it , which actually means that they want these online gambling casinos to pay up the government somehow.

https://www.euroweeklynews.com/2020/10/22/will-european-countries-regulate-online-gambling-to-pay-for-covid-19/ (https://www.euroweeklynews.com/2020/10/22/will-european-countries-regulate-online-gambling-to-pay-for-covid-19/)

We already have laws regarding these casinos but I do believe for the government it is not enough.

Pros:
 1. Can help regulate the spam casinos
 2. People will have security
 3. They will be protected by the laws

Cons:
 1. People will have to actually pay up more indirectly for extra charges
 2. No privacy

`````````````````````````````````````````
What do you think ?
Is this essential? Would it affect the online casinos?
 
I think that taxation of casinos would be fair. Then again, aren't they already paying taxes in places where they legally operate? Strengthening oversight and requesting more payments from the casinos is only fair if other businesses face the same thing. And privacy violations are not going to help fight the pandemic at all, so this should be abandoned altogether. As for people paying up more, I don't think it should work this way. I think the money should be extracted from the income of highly successful casinos (and, again, other businesses).


Title: Re: Online Gambling could be used to pay for covid problems
Post by: nasipadang on October 24, 2020, 05:12:42 PM
I think that the physical casinos have gained the much. And online maybe as well to. Depending if they were allowed to open. The sportbooks had the worst time probably, but I do not know the marks from that.
Most sportbooks these days have sports and a casino, to offer enough. And in a few months, maybe everything is back to normal and then they will come out even stronger and bigger as before.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: iamsheikhadil on October 24, 2020, 05:20:46 PM
I think it might affect players because then the casino would have to actually make more profit to pay up for the government fees, and the only way they can do it is by increasing the house-edge. That will be loss to players in the long run. But the thing is, if the government will be using these lost funds for the benefits of people then I don't see any harm. If I lose big, and the casinos pay some part of it to the government, I'll see it as a tax from me to the government and the government if honest, will use the money for public benefit which is to benefit me only. So it's a win even at loss :)

No, I don't think they need to do that they can only give in government a share from their earnings and will not ask for more than their capacity to pay for taxes . Its business no need to ask for too much in tax if they only want is to have help from online gambling thats why they want to regulate it.

Asking too much will result of online casino to lost so I don't think they will push to ask too much taxes .

I'm not sure but most online casinos don't pay anything to the government. They just make huge profits, pay for their staffs etc. They just pay a commission for their license and that's all. But just like any other business out there, casinos should also be made to give taxes because casinos are one of the highest revenue making businesses out there! Hence it makes sense to why they can be taxed.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Inkdatar on October 24, 2020, 05:50:36 PM
I think that the physical casinos have gained the much. And online maybe as well to. Depending if they were allowed to open. The sportbooks had the worst time probably, but I do not know the marks from that.
Most sportbooks these days have sports and a casino, to offer enough. And in a few months, maybe everything is back to normal and then they will come out even stronger and bigger as before.
For the physical casinos that's another issue to discuss if government will allow to operate. Government is finding ways to regain its economy because of this pandemic no revenue no gains. Their finding ways in which they could acquire tax to sustain the economy problem. So for sure that’s a lot of things to discuss by the government if allowing to operate online gambling.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: CarnagexD on October 24, 2020, 06:05:04 PM
I think that the physical casinos have gained the much. And online maybe as well to. Depending if they were allowed to open. The sportbooks had the worst time probably, but I do not know the marks from that.
Most sportbooks these days have sports and a casino, to offer enough. And in a few months, maybe everything is back to normal and then they will come out even stronger and bigger as before.
For the physical casinos that's another issue to discuss if government will allow to operate. Government is finding ways to regain its economy because of this pandemic no revenue no gains. Their finding ways in which they could acquire tax to sustain the economy problem. So for sure that’s a lot of things to discuss by the government if allowing to operate obline gambling.
As far as I know governments are slowly reopening the economy, and this includes the casinos and restaurants that contribute a lot of tax for them to work. The only problem that I think is will be coming from the player since there are people who are asymptomatic, perhaps they didn't know yet they enter to a casino and infected others. This gives the online gambling so much light to most of gamblers  out there.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Cling18 on October 24, 2020, 06:19:35 PM
We're still in the midst of the pandemic crisis so I believe that the government will always find ways or alternatives on how to fund the needs of each country and it's one of the best choice that they have. Lots of online activities and businesses these days are being taxed. I'm sure that if it happens in most countries, it will still bring a negative impact for gamblers. We might lose the privacy that we want in online gambling especially when they regulate it.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ReiMomo on October 24, 2020, 06:31:37 PM
I guess this is good for the economic recovery which is helping the government economy to grow faster. We know that most countries now have the same problem. To recover from the pandemic that most people lost their job and the revenue of the state has been lost due to the people and more establishments did not run their businesses because of the lockdown.

Gambling industries are the best way that can help to recover economic growth. They will also have revenue by paying the owner by the tax even it is in online gambling and operated legally.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Fortify on October 24, 2020, 07:57:46 PM
Gambling in Europe has been heavily regulated for many years, probably more than anywhere else in the world. I do believe that many more people are gambling during the current pandemic, so in a round-about way these online casino companies will hopefully be paying their fair share of taxes which will help. Hopefully people gamble in a controlled fashion and are only spending money that they can afford to lose.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Porfirii on October 24, 2020, 08:06:21 PM
In Spain yesterday was published the legislative project that aims to tighten the regulation of on-line gambling, specifically due to the covid crisis, and in order to apply the european laws.

Now starts the motions phase, so it is not a closed document, but in a few weeks/months we will see something concrete on this topic at least in said country.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: shield132 on October 24, 2020, 08:55:46 PM
There is some logic behind it and despite the fact that I have been in touch with b2b service providers and was working in online casinos, I have to say that it's not really a bad idea. During pandemic and lockdowns, there was an enormous rise in traffic. It was great for business but it was an indicator that people were spending too much money on casinos. I think most of them wouldn't be very rich, so money was very necessary during this lockdown because you are in stuck, no work and no income. Yeah, people may need entertainment but at the same time we have to consider reality and it's that people can't have much control over themselves when it comes to gambling. For this, we started an active campaign for responsible gambling and I think we played our role in it to inform players and help them to spend less money.

But limitations that Germany sets is very tough, we need moderate control, we shouldn't kill this segment and have to consider that a lot of people work there too and they have their families, they need money.
Another deal to my mind can be if governments increase taxes for a while and use those funds to help people who really need during this covid. I know it sounds like a terrible idea but I believe it's not that bad for a limited time. Here it will be like: Money from those who have a lot goes to those who don't have and need it.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: TimeTeller on October 24, 2020, 09:09:06 PM
There is some logic behind it and despite the fact that I have been in touch with b2b service providers and was working in online casinos, I have to say that it's not really a bad idea. During pandemic and lockdowns, there was an enormous rise in traffic. It was great for business but it was an indicator that people were spending too much money on casinos. I think most of them wouldn't be very rich, so money was very necessary during this lockdown because you are in stuck, no work and no income. Yeah, people may need entertainment but at the same time we have to consider reality and it's that people can't have much control over themselves when it comes to gambling. For this, we started an active campaign for responsible gambling and I think we played our role in it to inform players and help them to spend less money.

But limitations that Germany sets is very tough, we need moderate control, we shouldn't kill this segment and have to consider that a lot of people work there too and they have their families, they need money.
Another deal to my mind can be if governments increase taxes for a while and use those funds to help people who really need during this covid. I know it sounds like a terrible idea but I believe it's not that bad for a limited time. Here it will be like: Money from those who have a lot goes to those who don't have and need it.

I am with that concept of getting money from those who can afford and give it back to those badly need it.
If they are still gambling despite of the situation, that means most of them can afford to allocate funds for gambling, right?
I don't think a responsible family man will take the risk of sending his money (supposedly for his family's food) to the online casino.
As a gambler, you know the risks involved in these games. So you should not expect that you will win afterwards.
So yes, why not get the tax from these online casinos and give their fair share as they can continuously operate even during this pandemic.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: nakamura12 on October 24, 2020, 09:14:47 PM
It will not affect the online casino since they only need to pay for the taxes. Their profit will be affected by it and I think that the taxes that an online casino tax should be given to those who are poor. In that way, the casino and gamblers can help those people who are in need of help.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: nelson4lov on October 24, 2020, 09:20:31 PM
What do you think ?
Is this essential? Would it affect the online casinos?
 

In my opinion, The disadvantages of such a move outweighs the benefits. One of the biggest reasons why people choose crypto gambling platforms as their de facto choice for  gambling is because they can engage in an activity like that while still maintaining their privacy. If that's gone, Not sure there would be enough reasons to stick with them anymore. However, if casinos and other gambling sites don't request KYC/AML verification, then privacy won't be compromised.

Either way, i don't like the idea even though it might checkmark illegal/spam platforms but it does more harm than good to the crypto gambling space.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: pixie85 on October 24, 2020, 10:48:50 PM
I don't know if it has been shared or not , but Europe is considering to tighten the laws of Gambling especially the online ones. They want to **regulate** it , which actually means that they want these online gambling casinos to pay up the government somehow.

You answered it already. They don't want to help in anyway they just want the money.

I see only cons of this. More corruption because casinos who don't pay the government could be closed which will limit the competition on the market and those that will pay will have to make it back somehow.

The government will get its money, casinos will increase fees to get you to cover the loss, dark web casinos will still operate without licenses, some will go bankrupt and some will have to move to other countries. Nothing will change for the better.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: MCobian on October 24, 2020, 10:57:08 PM
Of course, imposing taxes on online casinos is very important for the government, especially in a situation like now where the country
needs a lot of income. And through the online casino the government can get quite a lot of money, considering that the circulation of
money in the online casino is very large. But for gamblers this is a threat to their privacy, because there is a possibility that online casinos
will eventually impose KYC.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Twinkledoe on October 25, 2020, 03:08:41 AM
Of course, imposing taxes on online casinos is very important for the government, especially in a situation like now where the country
needs a lot of income. And through the online casino the government can get quite a lot of money, considering that the circulation of
money in the online casino is very large. But for gamblers this is a threat to their privacy, because there is a possibility that online casinos
will eventually impose KYC.

One of the few businesses that survive when the whole world shut down. Actually, instead of reducing their number, online casinos thrive during this crisis. In this forum alone, a lot of new casinos were born and introduced during that period. But it only depends on the government how they can monetize these online casinos that are operating within their area of responsibility. Because a lot of them are licensed outside their jurisdiction.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ChiBitCTy on October 25, 2020, 03:18:13 AM
This is an interesting topic and I think you've got a very good use case in the one over in the United States.  I live in the state of Illinois and just recently ( Jan 1) laws went in to effect legalizing gambling.  It legalized gambling across a broad spectrum of types of gambling such as online, in person etc.  This was in large part due to the fact that my state is broke. It will and has certainly gained valuable revenue and tax dollars for the state as well as helped cut down on people going to scam casinos online.

They can certainly use my state as a case study.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: celot on October 25, 2020, 03:36:54 AM
If from direct gambling sites, there are rarely foundations or even communities that want to accommodate the results of gambling sites, but there are ways to outsmart things like this, namely by setting aside a portion of the profit from the betting proceeds donated to certain foundations, if the individual who gives it will definitely be many foundations that will receive assistance despite the actual results of gambling. Especially during a pandemic like this, many have difficulty finding income, as well as the government who has difficulty how to prevent Covid 19 from ending soon. But with the help of each other, we can quickly relieve the victims of Covid 19 and restore the nation's economy to return to stability and normalcy.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Janation on October 25, 2020, 04:12:19 AM
If online gambling starts to regulate by the government, so they could have funds to support their COVID problem is an excellent idea because hospitals will not worry about treating their COVID patients. But not for everybody, especially for online gamblers, because it might increase its fees. There are chances for players to limit themselves from playing because they need to save money not to pay expensive fees.

Or make them find another way to avoid this.

People won't just stop doing things just because they needed to pay for it, they would find a way to keep on gambling without that fees and that just means gambling on another site that is not regulated by the government. These sites are just following the government policies, and I agree with you that this is just for the own good of their country and its people.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: btc78 on October 25, 2020, 04:20:11 AM
I totally support the government action towards this matter because at least funds will be taken from those casino operators and companies that bagging tons of money from gamblers and pays small amount of taxes.
and besides this is to help people that In need specially this pandemic time that we already knew about How European countries suffers a lot and needed funds to support their people.
in some manners at least the government is seeking for Legit way of taxation and not just suck implementation .
I think there are still many offline and online gambling places that don't provide tax properly and correctly because the government is still difficult to collect taxes at gambling places, because not everyone can get a lot of wins and what will happen if the gambler loses a very large amount much do they have to pay taxes because usually when companies are asked for taxes they will give additional taxes to their customers, because I am sure the owners of gambling places do not want to lose because of taxes.
That is the point why i support this European Government action towards this taxation from gambling operators.
Because the only winner in gambling is the owner and management and players just always give their money in casinos.

I hope this will be implemented in the whole world as everyone is struggling against Covid while gambling operators are contiuously gathering and bagging Money from people.

and also those Illegal gambling must be take down and pays for their obligation since they start to operate.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Alucard1 on October 25, 2020, 04:23:12 AM
It is essential for the government because they will get more profit from that, the government is always looking for some ways to earn money and they see online gambling may help for the pandemic virus, even though their intention is good, there are still benefits from them becuzs eof having hidden charges mentioned above.
Just ironic though, governments are blaming gambling because they said that it is harmful specially if someone becomes an addict.
Not all because some casino gambling is owned by the government and it is one of their way to gain more profit so they wouldn't blame it at all and besides it depends on the person if he or she is going to be addicted or not, it is in the proper control and good mindset.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: AicecreaME on October 25, 2020, 04:35:11 AM
<...>
What do you think ?
Is this essential? Would it affect the online casinos?
 

If we're going to think that it's for a good cause then the answer is Yes, it is essential. Casinos pays a huge tax to the Government no matter how big or small their bankroll is, that's why if your online gambling site are not making that huge of a bankroll, it's better to shut it down or you'll be arrested by the police. Because if you insisted to regulate your online gambling business by the Government, then you'll be losing your profits and it'll all go to the tax you're going to pay.

The ones that's gonna remain are those big time online gambling sites in Europe. Surely it'll help their country and citizens if their Government will not steal the money (fingers crossed)


Title: Re: Online Gambling could be used to pay for covid problems
Post by: robelneo on October 25, 2020, 04:37:12 AM
This was in large part due to the fact that my state is broke. It will and has certainly gained valuable revenue and tax dollars for the state as well as helped cut down on people going to scam casinos online.

They can certainly use my state as a case study.

Their are pros and cons on this subject if you are living in a country that needs additional revenue and you see that the site you're playing can contribute and the government wants to impose additional taxes I can understand that, I'm living in a country where we badly need more source of revenues I can do away with KYC as long as my government can protect me from getting scam and mediate on issues where I'm playing, but not all gamblers will agree with my opinion..


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Ziskinberg on October 25, 2020, 07:21:24 AM
This was in large part due to the fact that my state is broke. It will and has certainly gained valuable revenue and tax dollars for the state as well as helped cut down on people going to scam casinos online.

They can certainly use my state as a case study.

Their are pros and cons on this subject if you are living in a country that needs additional revenue and you see that the site you're playing can contribute and the government wants to impose additional taxes I can understand that, I'm living in a country where we badly need more source of revenues I can do away with KYC as long as my government can protect me from getting scam and mediate on issues where I'm playing, but not all gamblers will agree with my opinion..

The fact that the government will regulate a gambling site, that also means protection from scammers, but it doesn't really mean that you are not going to be scam as though a casino is already regulated and they know the crime they will commit if they will scam, some would still do it.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: bitbunnny on October 25, 2020, 07:22:46 AM
This was in large part due to the fact that my state is broke. It will and has certainly gained valuable revenue and tax dollars for the state as well as helped cut down on people going to scam casinos online.

They can certainly use my state as a case study.

Their are pros and cons on this subject if you are living in a country that needs additional revenue and you see that the site you're playing can contribute and the government wants to impose additional taxes I can understand that, I'm living in a country where we badly need more source of revenues I can do away with KYC as long as my government can protect me from getting scam and mediate on issues where I'm playing, but not all gamblers will agree with my opinion..

This is very tricky issue. Many countries have found themselves in deep crisis due to the covid pandemic and they desperately need money. However, I don't think that additional taxes for gambling sites could be the answer to that. Such funds will not be enough and gamblers might opose to that looking for illegal gambling sites which might lead to another type of problems. I don't think that any state could be saved with gambling money.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: CODE200 on October 25, 2020, 07:25:12 AM
It will not affect the online casino since they only need to pay for the taxes. Their profit will be affected by it and I think that the taxes that an online casino tax should be given to those who are poor. In that way, the casino and gamblers can help those people who are in need of help.
If corruption exists in a country where gambling would be regulated, taxation won't be that much of a help in order to aid economic problems. It will just be thrown in the pockets of those who are regulating gambling industry. The idea is already there, which is to help, but that won't be enough if the one leading this action is not dedicated to his actions. In our country, there's this taxation of 5% in franchise and 50%in the total winnings. It is said that the tax will go to projects such as civic and infrastructure projects but that's not happening. Roads are still damaged, establishments are mostly owned by private sectors. Public establishments are only limited. Why not just say we want the money and just do your thing? Kidding aside, as I've said, the though is already there.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Lorence.xD on October 25, 2020, 07:37:19 AM
I don't think this is justifiable, at least not in the case of pandemic! The same governments created the entire mess with their actions (locking down, forcing people to stay home...) and now they wish to make money on someone else's back?!
Maybe I live in fucked-up country where I developed my distrust to any kind of government, and I know that tax money is not going back to the people and developing of the country, it goes straight in the pockets of powerful! Just to be clear about one thing, I am not against the tax if it's used in the right way, but if the tax is the robbery than I can't support that!
My statement was generalized, and I can sympathize with you because the corruption is prevalent here in my country too (Well, most third-world country are corrupt anyway). If the government is not corrupt then I think that imposing taxes on gambling online or physical is a good thing. The sad thing is no matter how much we disagree with the government in regards to taxes, they will still do any means necessary because they are the biggest corporations in the nation, veiled by the pretense of running the country.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: rodskee on October 25, 2020, 07:52:54 AM
<...>
What do you think ?
Is this essential? Would it affect the online casinos?
 

If we're going to think that it's for a good cause then the answer is Yes, it is essential.
it is surely for a good cause mate because it was mentioned that will Help the Covid victims.

Casinos pays a huge tax to the Government no matter how big or small their bankroll is, that's why if your online gambling site are not making that huge of a bankroll, it's better to shut it down or you'll be arrested by the police. Because if you insisted to regulate your online gambling business by the Government, then you'll be losing your profits and it'll all go to the tax you're going to pay.
actually regulating gambling sites is depend in which country you are operating thats so it will be a matter of obligation and helping hand.
The ones that's gonna remain are those big time online gambling sites in Europe. Surely it'll help their country and citizens if their Government will not steal the money (fingers crossed)
actually they may created a illegal gambling site as extension if the taxes will be as high that they cannot expected.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: freedomgo on October 25, 2020, 08:41:13 AM
actually they may created a illegal gambling site as extension if the taxes will be as high that they cannot expected.
Illegal? There's no reason to have the other one licensed if they will have an extension which is illegal, being a legal casino, they know the risk and how big the penalty that they will pay, actually it's better to just choose one, either you want to run a legal or illegal casino.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Janation on October 25, 2020, 09:36:41 AM
actually they may created a illegal gambling site as extension if the taxes will be as high that they cannot expected.

I don't think they would do that.

They would continue to offer their services to these gamblers and at the same time, follow the policies needed or required by the government. I think instead of the owners avoiding that huge taxes, I guess it would be the people that would do that. They've been taking care of these gamblers for so long and I don't think they would risk that for avoiding those taxes.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: pilosopotasyo on October 25, 2020, 09:55:27 AM
actually they may created a illegal gambling site as extension if the taxes will be as high that they cannot expected.
Illegal? There's no reason to have the other one licensed if they will have an extension which is illegal, being a legal casino, they know the risk and how big the penalty that they will pay, actually it's better to just choose one, either you want to run a legal or illegal casino.

That's to risky they will get their licensed revoked if authorities found out that they are also operating illegal gambling casinos, they should go for regulated or get into a compromised that will protect their platform and at the same time protect their clients, the most important here are their clients, this is the best time for gambling casinos to help their country from the taxes they are going to pay.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Shasha80 on October 25, 2020, 10:11:58 AM
For my country it is impossible to impose taxes on online gambling, because my country does prohibit gambling activities.
So only countries that do allow gambling can get taxes from online gambling. But for countries that can indeed impose taxes
on online gambling, I think it's natural for them to do that. Because the government definitely needs income in a pandemic
situation like now.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Debonaire217 on October 25, 2020, 10:43:21 AM
For my country it is impossible to impose taxes on online gambling, because my country does prohibit gambling activities.
So only countries that do allow gambling can get taxes from online gambling. But for countries that can indeed impose taxes
on online gambling, I think it's natural for them to do that. Because the government definitely needs income in a pandemic
situation like now.

Perhaps, online gambling will be the key to implement it especially if the online gambling platform was registered to a country with strong regulation, it is quite sure that there will always be a transaction fee tax that will be for the government. I just wonder why most of the gambling site as of today is registered in the country of Curacao. The biggest possibility is that these gambling casinos aim to be registered to this country to escape taxes or perhaps, pay a small amount of tax for them to acquire relatively higher income than other casinos.

Though there are other available casinos, it is up to us to play for a cause, not just to gamble and test our luck.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: smyslov on October 25, 2020, 11:11:15 AM
The sad thing is no matter how much we disagree with the government in regards to taxes, they will still do any means necessary because they are the biggest corporations in the nation, veiled by the pretense of running the country.

You hit it, we never can say no, we can lobby but in the end it is for them to decide who or what to tax and how many percentage, the gambling  alcoholic beverages  and cigar in our country is the most taxed, we even have a sin tax for these industry and products, this is according to them is to discourage people from buying and patronizing, but they cannot stop people they will still gamble and buy these products.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: matchi2011 on October 25, 2020, 12:47:11 PM
The sad thing is no matter how much we disagree with the government in regards to taxes, they will still do any means necessary because they are the biggest corporations in the nation, veiled by the pretense of running the country.

You hit it, we never can say no, we can lobby but in the end it is for them to decide who or what to tax and how many percentage, the gambling  alcoholic beverages  and cigar in our country is the most taxed, we even have a sin tax for these industry and products, this is according to them is to discourage people from buying and patronizing, but they cannot stop people they will still gamble and buy these products.

Government got that privilege so whatever opinions we  have from this concern it not use to decide but them, what we can do is to follow and to hope that they won't do something that will hit hard.

Gambling activities always been there, with government eyeing for additional resources since the pandemic affects the economy surely this venue will not be exempt but one of the best fitted place.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Ridwan Fauzi on October 25, 2020, 01:10:42 PM
I don't know why if many people choose to play gambling at this situation. Gambling is not a place to earn money especially for those who play, this is a place to spend money. I do believe that there will be a gambler who just leave the gambling environment due to they didn' have money to play, unless they are gambling addict who can't leave their habbit. And of course for the government, why they have a plan to earn money from the gambling environment, that is really shame for them. They should look another sector which can really encourage economic growth in pandemic situations.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ethereumhunter on October 25, 2020, 03:23:23 PM
I don't know why if many people choose to play gambling at this situation. Gambling is not a place to earn money especially for those who play, this is a place to spend money. I do believe that there will be a gambler who just leave the gambling environment due to they didn' have money to play, unless they are gambling addict who can't leave their habbit. And of course for the government, why they have a plan to earn money from the gambling environment, that is really shame for them. They should look another sector which can really encourage economic growth in pandemic situations.

I think they lack entertainment because of this pandemic, and they need to relax by playing gambling as usual. Besides a lack of entertainment, they are usually playing gambling to try to make money. And in these situations, they need money, so they still playing gambling, hoping that they can make money from gambling. I am sure that not many gamblers are still playing gambling in these situations, and many of them are saving their money to buy their daily needs.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: wxa7115 on October 25, 2020, 03:38:20 PM
I don't know if it has been shared or not , but Europe is considering to tighten the laws of Gambling especially the online ones. They want to **regulate** it , which actually means that they want these online gambling casinos to pay up the government somehow.

https://www.euroweeklynews.com/2020/10/22/will-european-countries-regulate-online-gambling-to-pay-for-covid-19/ (https://www.euroweeklynews.com/2020/10/22/will-european-countries-regulate-online-gambling-to-pay-for-covid-19/)

We already have laws regarding these casinos but I do believe for the government it is not enough.

Pros:
 1. Can help regulate the spam casinos
 2. People will have security
 3. They will be protected by the laws

Cons:
 1. People will have to actually pay up more indirectly for extra charges
 2. No privacy

`````````````````````````````````````````
What do you think ?
Is this essential? Would it affect the online casinos?
 
Governments are trying all what they can in order to try to get their hands in some more money but I think we are reaching the limits of what big governments can do, if instead of trying to get more money just to sustain themselves they actually tried to become smaller so the government was a lesser burden to all their citizens then they could resolve this issue quite quickly, but that never crossed their minds as if they want to regulate all the actions of their citizens they need more people, more money and more technology.

So to me this argument that they are doing all of this just so they can pay for the pandemic is nothing more but a smokescreen I am never going to believe.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Becky666 on October 25, 2020, 04:18:59 PM
The havoc the pandemic caused our various government could be the reason behind this move from country like the UK among others, this is essential as they find it difficult to sustain their revenue generation. For any government to continue with their activities financially, it is imperative for them to look beyond the traditional scope, this might be reason they tends to shift towards online gambling for revenue generation which call for urgent regulation. The benefits we will get from this act will be more positive than negative IMO. Scammers wont be easily found among the online gambling platforms becasue of government regulations which will protect the right of the players.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: BITCOIN4X on October 25, 2020, 05:02:35 PM
My top priority on online gambling especially on cryptocurrency-based gambling is privacy. I have previously gambled online using fiat and it was quite annoying as I had to have a dedicated bank account for this due to privacy and security. I will never use my main bank account on gambling sites many of which have been blocked by my country's government. The cryptocurrency gambling option is privacy and if the government wants to regulate it for the sake of finance, and for the good of gamblers then I don't think the government needs to ask for gambler data like KYC.

I can still agree if they want to increase the safety and comfort of gambler on the site and be regulated by law. But I don't like the consequences that gambler might receive such as having to pay more like taxes and also privacy. If they want, then the site can still pay them (if it's already licensed).


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Sirait on October 25, 2020, 09:49:47 PM
For my country it is impossible to impose taxes on online gambling, because my country does prohibit gambling activities.
same as my country. our government doesn't legalize gambling so there is no reason for them to tax gambling.

So only countries that do allow gambling can get taxes from online gambling. But for countries that can indeed impose taxes
on online gambling, I think it's natural for them to do that. Because the government definitely needs income in a pandemic
situation like now.
countries that legalize gambling, of course, must not pass taxes on to gambling players, that is a must and reciprocal to the state. especially in a pandemic like this time.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Lanatsa on October 25, 2020, 10:23:29 PM
I don't know why if many people choose to play gambling at this situation. Gambling is not a place to earn money especially for those who play, this is a place to spend money. I do believe that there will be a gambler who just leave the gambling environment due to they didn' have money to play, unless they are gambling addict who can't leave their habbit. And of course for the government, why they have a plan to earn money from the gambling environment, that is really shame for them. They should look another sector which can really encourage economic growth in pandemic situations.

I think they lack entertainment because of this pandemic, and they need to relax by playing gambling as usual. Besides a lack of entertainment, they are usually playing gambling to try to make money. And in these situations, they need money, so they still playing gambling, hoping that they can make money from gambling. I am sure that not many gamblers are still playing gambling in these situations, and many of them are saving their money to buy their daily needs.
Its too dumb for someone to consider on playing gambling for them to earn money amidst this pandemic.Looking for some entertainment? For rich people then yes but for average earners or poor ones
then its better to save and instead of gambling then better to secure those funds out for your living rather than on risking it to gambling.

Dumb we do say but there were people who do really make out such steps just because they do believe that they might able to earn more money if they decide to gamble
which is suicide.Some do risk their last savings and do hope that making money will be next but majority of them are indeed playing with fire.

In result when you do loss? You'll suffer on the consequences that needs to pay off.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Kelvinid on October 25, 2020, 11:53:50 PM

What do you think ?
Is this essential? Would it affect the online casinos?
 
I'd find it more essential this time as a way also to help the government and the country's economy. It won't be a problem to our ends if they just asking a fair amount of fees in following what is stated by the law. However, I don't think that it could be easy for them to regulate online gambling sites since not all of them are being controlled, this very challenging part to even minimize the spread of illegal gambling sites that causes scam and fraud.

But I can also feel how it affects to the fees that every gambler has to pay for every transaction. Probably there is an increase and that it is not favorable to gambler sides which likely they/we don't want it to happen.



Title: Re: Online Gambling could be used to pay for covid problems
Post by: Vishnu.Reang on October 26, 2020, 06:37:27 AM
This has been tried before and it is not very practical. Most of these online gambling sites are registered in small island nations such as Dominica or the Cayman Islands. There is hardly anything that the European Union can do about them. They will avoid paying taxes to the EU, even if a majority of the revenue originates from there. Banning these sites is of no use. In no time they will clone the site and restart the operations.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: pankowri on October 26, 2020, 07:14:40 AM
Gambling is getting popular day by day and every day new people are going to involve with it. Online gambling is also being popular accordingly. In the current situation, people can use it at home without going outside. So it can be a big source of money for the government if they strict the rules and regulations. Almost every country is going to enroll tax in the online marketplace and gambling sites so that they can get funds from them. This is all about my thinking regarding online gambling in this situation.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: peter0425 on October 26, 2020, 07:20:03 AM
Well for those gambling operator that has a Good heart will surely love this idea and support the governments plan.
But of course we can only count in fingers those who has good heart because almost all operators are here to profit and not to spend more than what is the normal taxation.
For my country it is impossible to impose taxes on online gambling, because my country does prohibit gambling activities.
So only countries that do allow gambling can get taxes from online gambling. But for countries that can indeed impose taxes
on online gambling, I think it's natural for them to do that. Because the government definitely needs income in a pandemic
situation like now.
Good for your country that has prohibiting gambling so the government will find other way to impose high taxation and gambling is not part of those.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: imstillthebest on October 26, 2020, 07:39:56 AM
gambling companies donate in the form of tax to the governments and the governments are going to help people that are affected witht the covid ? that sounds nice and i wouldnt mind the excess fee if i know that i can help but how can i know that my money will go to the right people ?

 they expose our privacy by regulating us , we should also do the same to them . this is why many are wanting to implement the blockchain use in the government field  .

 using blockchain can give us transparency but they are still anonymous at the same time  ?


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ice098 on October 26, 2020, 08:47:55 AM
gambling companies donate in the form of tax to the governments and the governments are going to help people that are affected witht the covid ? that sounds nice and i wouldnt mind the excess fee if i know that i can help but how can i know that my money will go to the right people ?

 they expose our privacy by regulating us , we should also do the same to them . this is why many are wanting to implement the blockchain use in the government field  .

 using blockchain can give us transparency but they are still anonymous at the same time  ?

No doubt that government will allow the operation of online gambling if and even if they can collect the taxes from it. The mere fact that were in the pandemic situation today where in some other countries no one allowed to go outside that's why online gambling will be the one option for each gambler to be able to continue playing and betting. And nothing is impossible if ever online gambling could be used as pay for covid problems but one thing for sure the taxes may be higher than before.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: finaleshot2016 on October 26, 2020, 09:14:33 AM
gambling companies donate in the form of tax to the governments and the governments are going to help people that are affected witht the covid ? that sounds nice and i wouldnt mind the excess fee if i know that i can help but how can i know that my money will go to the right people ?

 they expose our privacy by regulating us , we should also do the same to them . this is why many are wanting to implement the blockchain use in the government field  .

 using blockchain can give us transparency but they are still anonymous at the same time  ?
Paying taxes is different from donating. Of course, those tax money came from different businesses will be provided for the betterment of the country especially right now where we experience COVID-19. Online and physical gambling platforms are already earning a lot of money, they should've started donations like freebitco.in where they are donating 20% of the house edge. That's what I mean about tax is different in donations, gambling platforms are already taking advantage of the popularity to earn more since many people are using online due to pandemic.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: plr on October 26, 2020, 10:09:40 AM
If they want to imposed more laws and they want to regulate and want to impose taxes because they want more revenues to sustain the government need in this pandemic, the gambling operators cannot do anything about it, they can ask for a more lighter measure and taxation but in the end what the government wants they always get it, government are now looking on online gambling to tax because they have seen their revenue.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ethereumhunter on October 26, 2020, 12:01:56 PM
Its too dumb for someone to consider on playing gambling for them to earn money amidst this pandemic.Looking for some entertainment? For rich people then yes but for average earners or poor ones
then its better to save and instead of gambling then better to secure those funds out for your living rather than on risking it to gambling.

Dumb we do say but there were people who do really make out such steps just because they do believe that they might able to earn more money if they decide to gamble
which is suicide.Some do risk their last savings and do hope that making money will be next but majority of them are indeed playing with fire.

In result when you do loss? You'll suffer on the consequences that needs to pay off.

You can say that, but I guess that is out there, people are trying to gamble to make money in this pandemic. They think that playing gambling can be a way for them to earn money. We can not say that what they did is wrong because we don't know their position. But if that is happening to our closest family or friends, we need to remind them that it is not a good way to make money. Maybe we can help them find new jobs for them, or we can use their ability to help us to give them money to buy their daily needs.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: RokokGudangGaram on October 26, 2020, 08:41:07 PM
I am not against it especially if a certain country will do something like these where they are going to tighten their laws against the  online gambling sites in order to get an extra tax that can be use by the government.

If European countries will regulate the online gambling sites then I have no problem with it because they are only doing it in order to  get an extra fund to fight the pandemic. As long as we will not get a huge extra charges then there is no problem but if it will also hurt our pocket because of their action then it is not good anymore.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: shield132 on October 26, 2020, 11:02:09 PM
There is some logic behind it and despite the fact that I have been in touch with b2b service providers and was working in online casinos, I have to say that it's not really a bad idea. During pandemic and lockdowns, there was an enormous rise in traffic. It was great for business but it was an indicator that people were spending too much money on casinos. I think most of them wouldn't be very rich, so money was very necessary during this lockdown because you are in stuck, no work and no income. Yeah, people may need entertainment but at the same time we have to consider reality and it's that people can't have much control over themselves when it comes to gambling. For this, we started an active campaign for responsible gambling and I think we played our role in it to inform players and help them to spend less money.

But limitations that Germany sets is very tough, we need moderate control, we shouldn't kill this segment and have to consider that a lot of people work there too and they have their families, they need money.
Another deal to my mind can be if governments increase taxes for a while and use those funds to help people who really need during this covid. I know it sounds like a terrible idea but I believe it's not that bad for a limited time. Here it will be like: Money from those who have a lot goes to those who don't have and need it.

I am with that concept of getting money from those who can afford and give it back to those badly need it.
If they are still gambling despite of the situation, that means most of them can afford to allocate funds for gambling, right?
I don't think a responsible family man will take the risk of sending his money (supposedly for his family's food) to the online casino.
As a gambler, you know the risks involved in these games. So you should not expect that you will win afterwards.
So yes, why not get the tax from these online casinos and give their fair share as they can continuously operate even during this pandemic.
No, no, not everyone realizes those problems. Most people gamble because games and the whole process is designed like you have an affect on your neurotransmitters, especially on the release of dopamine, this is a hormone that rewards us with happiness and also it's the hormone that makes us addicted to something. So a lot of people are becoming addicted to the rush of dopamine cause by gambling. Some people may not realize but they spend more money on gambling than they really can afford, even a family men too.
The decision that's discussed in this thread has it's pros and cons that I already mentioned above. It's like a dilemma where we have to choose between bad and worse for people and economics.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: goinmerry on October 26, 2020, 11:18:17 PM
What do you think ?
Is this essential? Would it affect the online casinos?

That's a must for fiat online casinos. I don't see anything wrong as if we looked at the positive side, there is a benefit. A good step considering the gambling industry became hype for months in the European region.

But while establishing regulations like that, they should also hunt illegal casino operators to make way for more legit ones to be mostly used.

There is no mention that the crypto-gambling sites will also be affected so crypto gamblers should not think about this.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: hahay on October 26, 2020, 11:34:12 PM
Obviously it is important because not even all continents and countries legalize gambling, so the legalized gambling industry clearly has to pay the government. Regulations are needed in online gambling because the online gambling industry is huge, so it's no wonder the government might update the rules and I don't think that's a problem. They do not intend to shut down online gambling, on the contrary, I am sure that online gambling will be bigger and more advanced and will be used to restore the country's economy.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Rengga Jati on October 26, 2020, 11:48:33 PM
I don't know if it has been shared or not , but Europe is considering to tighten the laws of Gambling especially the online ones. They want to **regulate** it , which actually means that they want these online gambling casinos to pay up the government somehow. 
Tightening the rules and regulations of especially online gambling during this pandemic probably makes sense. For, many people of course will prefer to choose to play casinos online than offline.
The government must know the chance to get more income from the gamblers higher than previously if most heir people are playing online gambling. As we know the government also decreases their income to the country because of this pandemic where many offline businesses are closed ad they can't fulfill the taxes well.

However, their reason is to help pay for the Covid-19 problem?
I don't know exactly what kind of government in that country. However, it is too strange if using covid-19 as the reasons to regulate Casino adj pay up more to the government. It means that if this pandemic ends, the regulation is also over, right?

Does it mean that there will e may more illegal online gambling if they don't want to pay to the government?


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Genemind on October 27, 2020, 12:43:19 AM
Since most people choose online due to pandemic, the government has no other choice but to their best to survive and gather funds. Most businesses had closed down even land-based casinos which is one of the bloodlines of government funds had to close due to the lockdown period. The government is struggling and since the number of online gamblers had increased, it is to be expected that the government will surely regulate it.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ethereumhunter on October 27, 2020, 10:54:40 AM
Since most people choose online due to pandemic, the government has no other choice but to their best to survive and gather funds. Most businesses had closed down even land-based casinos which is one of the bloodlines of government funds had to close due to the lockdown period. The government is struggling and since the number of online gamblers had increased, it is to be expected that the government will surely regulate it.

People choose online gambling because they are still afraid to go to the crowd or don't see the casino re-open in their area. The government itself gives a chance to the casino to re-open the casino, so the government can get taxes from the casino, even if that amount is not too bigger as usual.

But I think the government will try to get the business's taxes that can run and make a profit, and I think they will not force the owner to pay the taxes if they can not make a profit. It is difficult to regulate online gambling since the government needs to track one by one of the sites to find their location.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: aysg76 on October 27, 2020, 06:20:54 PM
The pandemic has hit every nation very hard and economies are struggling to survive and that's why governments are left with no other option to gather funds or income from various sources.The main source for government is tax receipts from all the businesses and that is what European federal state is planning to do so but there is one problem that government involvation will pose certain restrictions on gambling sites like use of fair means,KYC,crypto restrictions and such things can lead to lack of interest among users.Moreover the house edge will be reduced or they will charge more commission from the users as they have to pay the taxes to the government.So we can say it has both pros and cons.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: qwertyup23 on October 27, 2020, 06:21:36 PM
Just ironic though, governments are blaming gambling because they said that it is harmful specially if someone becomes an addict, so it's illegal per se. And now they are shifting focus and wanted to tighten it because it could be used to pay for covid problems? Double standard. I'm not down with this one, and it seems that they don't have any resources to help the covid pandemic and they will have to get it from online/offline gamblers.

Although the intention of the government is noble, I do not think they realize the opportunity it could garner with its regulation though. If the government were to implement strict standards and rules, it may bring a negative impact on the online gambling industry as a whole in the country rather than a positive impact.

This whole covid pandemic has shifted most businesses to adjust with the given circumstances. Most businesses nowadays prefer online delivery systems or online work in order to cope to adjust. With online gambling being one of those businesses that has been thriving, I see that the government would most probably implement tax one way or another.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: milewilda on October 27, 2020, 06:32:08 PM
Just ironic though, governments are blaming gambling because they said that it is harmful specially if someone becomes an addict, so it's illegal per se. And now they are shifting focus and wanted to tighten it because it could be used to pay for covid problems? Double standard. I'm not down with this one, and it seems that they don't have any resources to help the covid pandemic and they will have to get it from online/offline gamblers.

Although the intention of the government is noble, I do not think they realize the opportunity it could garner with its regulation though. If the government were to implement strict standards and rules, it may bring a negative impact on the online gambling industry as a whole in the country rather than a positive impact.

This whole covid pandemic has shifted most businesses to adjust with the given circumstances. Most businesses nowadays prefer online delivery systems or online work in order to cope to adjust. With online gambling being one of those businesses that has been thriving, I see that the government would most probably implement tax one way or another.

Why would really they need to avoid taxes? Even businesses do make out some switches or transition but doesnt mean on that way they can avoid on paying up their obligations.
It isnt really just right for them to do so and its just normal for government to be keen about taxes yet this is one of the way for sustaining this pandemic but if these funds
are really used in good way not just on being corrupted.So this will vary on each country though and for businesses where they shouldnt really be forgetting their obligations
even they switch up online.Everything would go back to normal but still theres no change into that manner.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: harizen on October 27, 2020, 08:12:35 PM
..but Europe is considering to tighten the laws of Gambling especially the online ones. They want to **regulate** it , which actually means that they want these online gambling casinos to pay up the government somehow.

I'm in favor of it as a whole when we looked at the positive side. Turned the most hype activity during the pandemic into something good.

During the pandemic, there are lots of illegal gambling operators that work under the shadows. It does mean that these unlicensed businesses (online gambling sites) are just getting profits without paying taxes to the government. By enforcing a new regulation (as I know they are currently strict), I'm seeing people will only trust legal gambling operators as the new regulation might also involved a violation for people that keeps patronizing illegal gambling operator.

The question is, how much the additional tax that should be imposed?


Title: Re: Online Gambling could be used to pay for covid problems
Post by: chaser15 on October 27, 2020, 11:08:39 PM
Cons:
 1. People will have to actually pay up more indirectly for extra charges
 2. No privacy

1. Possible. But that depends on how far the government will put pressure on these casinos to pay for additional tax. But I'm sure the burden will not be passed by customers as it might result in not using their service.

2. All regulated casinos require KYC even way back before since they are protecting their customers too against possible fraud. And playing in online casino wherein all is private and fishy are more prone to scam (not talking about crypto gambling sites).


Title: Re: Online Gambling could be used to pay for covid problems
Post by: shinratensei_ on October 27, 2020, 11:55:25 PM
It will not affect the online casino since they only need to pay for the taxes. Their profit will be affected by it and I think that the taxes that an online casino tax should be given to those who are poor. In that way, the casino and gamblers can help those people who are in need of help.
The strict regulation will be decreasing the users of gambling platforms. Remember about there are some regulations to create deposit limits. This will actually decrease the income of gambling platforms.
It will actually affect the online casinos.

Imagine when you are an owner of this platform and the users in your platforms have up to $5k deposit limit before the regulation and it is dropping to the $ 1k deposit limit after the regulation. The income for the platform will be 4 times less than what it should be when there's no strict regulation. Even if that will make the gambling platform becomes legal but it will be giving a very bad impact on the platform.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Xxmodded on October 28, 2020, 05:40:47 AM
It will not affect the online casino since they only need to pay for the taxes. Their profit will be affected by it and I think that the taxes that an online casino tax should be given to those who are poor. In that way, the casino and gamblers can help those people who are in need of help.
The strict regulation will be decreasing the users of gambling platforms. Remember about there are some regulations to create deposit limits. This will actually decrease the income of gambling platforms.
It will actually affect the online casinos.

Imagine when you are an owner of this platform and the users in your platforms have up to $5k deposit limit before the regulation and it is dropping to the $ 1k deposit limit after the regulation. The income for the platform will be 4 times less than what it should be when there's no strict regulation. Even if that will make the gambling platform becomes legal but it will be giving a very bad impact on the platform.
Not all countries legalize gambling sites or companies, especially in my country, many bookies are arrested every day by the police and there is probably no chance of helping Covid 19 from gambling sites. Gambling is considered a crime in my country and there are no gambling clubs like casinos or anything else. The regulations in my country are not allowed to gamble in any form, even donations that are packaged for Covid 19 are from gambling results, so far donations or assistance for Covid 19 other than from the government are only from private and social foundation institutions.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: jademaxsuy on October 28, 2020, 06:09:18 AM
Not all countries legalize gambling sites or companies, especially in my country, many bookies are arrested every day by the police and there is probably no chance of helping Covid 19 from gambling sites. Gambling is considered a crime in my country and there are no gambling clubs like casinos or anything else. The regulations in my country are not allowed to gamble in any form, even donations that are packaged for Covid 19 are from gambling results, so far donations or assistance for Covid 19 other than from the government are only from private and social foundation institutions.
Actually legalizing a gambling site will depend in on its features and how could it affect the community. Legalization of gambling sites could also mean that the gambling site wanting to get protection from the abuses from the users, for future complains against them and to make their service fair enough following the mandate of the government or the authority task for it. Most likely there are lots of compliance to submit in case gambling site would likely to be legalize.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: erikoy on October 28, 2020, 06:19:14 AM
I am quite confused with OP's content and its title of the thread were completely different and does not synchronize.

Anyway, in regard to legalization of gambling site in my opinion especially if you are a gambler should be a yes for it will help you get protected from the abuses of those who created the gambling site. A possible manipulation can happen especially like conducting an event which is lottery. The owner can set up this up in favor to the casino without getting notice like joining a certain account for the lottery and set it to win. These are only an example of possible abuse from the gambling site. Likewise also to the gambling site owner they should get protected from the users that are likely to complain authorities in any irregularities that can possibly shut down the site. So legalization is a win win process.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: verita1 on October 28, 2020, 07:43:56 AM
I see positive the measures that the countries of Europe will take to regulate online gambling because this will guarantee that people do not lose their jobs due to the Covid19 pandemic now that Europe is experiencing the second wave of infections.
The advertising of gambling sites could be affected those that sponsor sports teams as an example as mentioned in the article.
But the legislation will take time, it only remains to know how the law on the regularization of online gambling will evolve and the repercussions that it will bring.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ronaldo40 on October 28, 2020, 08:00:26 AM
for me i don't see anything wrong to it, let's just look at the situation we currently have and by regulating the online casinos it would help the government some extra financial support for the covid problems it might be an issue to some about the kyc however believe it or not we could benefit from it.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Reatim on October 28, 2020, 08:09:58 AM
One good step from the Government to find ways in supporting their people specially Europe in which being affected badly of this pandemic.

I'm sure for the sake of Humanities the gambling operator will comply in good faith here and will help people in need.
as they are bagging money for years now and this taxation won't hurt their businesses.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: bitzizzix on October 28, 2020, 09:39:23 AM
During the pandemic, many people took advantage of online gambling as income without having to leave the house and on the other hand the government needed additional fees for handling Covid-19, which until now has not been completely resolved.
In my opinion there is no problem in this way and there are additional costs for handling Covid-19, and it must be resolved immediately in any way for the safety of the community and I agree.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: shoreno on October 28, 2020, 10:08:37 AM
During the pandemic, many people took advantage of online gambling as income without having to leave the house and on the other hand the government needed additional fees for handling Covid-19, which until now has not been completely resolved.
In my opinion there is no problem in this way and there are additional costs for handling Covid-19, and it must be resolved immediately in any way for the safety of the community and I agree.
government already done huge help for the covid victims and covid are now getting stablelize ,there is no need to rush and there is no extra cost because all help are already handed out of have done .

what they are going to need to do now is preparing and collecting funds for the recovery of the governments or to the recovery of the economy .  not just the government but we people also have a problem mostly financial and by engaging on online gambling we can be able to earn some funds to it if we are lucky .


Title: Re: Online Gambling could be used to pay for covid problems
Post by: l3pox on October 28, 2020, 10:36:55 AM
One good step from the Government to find ways in supporting their people specially Europe in which being affected badly of this pandemic.

I'm sure for the sake of Humanities the gambling operator will comply in good faith here and will help people in need.
as they are bagging money for years now and this taxation won't hurt their businesses.

each case is unique but I think it'll probably be hard for online casinos to comply with that.
they could simply change companies for another country and operate worldwide without having to pay taxes (not impossible to set up an online company for that).

I'm not judging the ethics about it.

But it's also worth to consider that depending on the country the government is really inefficient in making the money reach the projects it should reach


Title: Re: Online Gambling could be used to pay for covid problems
Post by: rodskee on October 28, 2020, 10:45:25 AM
for me i don't see anything wrong to it, let's just look at the situation we currently have and by regulating the online casinos it would help the government some extra financial support for the covid problems it might be an issue to some about the kyc however believe it or not we could benefit from it.
And besides Casinos are really gaining too much (those who runs legit and confident over the years) so taking small amount wont affect their business in bad shape.
i will support such kind of action instead of taxing other areas in which much affected  of the pandemic.
During the pandemic, many people took advantage of online gambling as income without having to leave the house and on the other hand the government needed additional fees for handling Covid-19, which until now has not been completely resolved.
In my opinion there is no problem in this way and there are additional costs for handling Covid-19, and it must be resolved immediately in any way for the safety of the community and I agree.
They gamble online but took advantage?nope because for sure what they got is losing from having too much time playing compared when they are still going out to work.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: abhiseshakana on October 28, 2020, 10:54:33 AM
During the pandemic, many people took advantage of online gambling as income without having to leave the house and on the other hand the government needed additional fees for handling Covid-19, which until now has not been completely resolved.
In my opinion there is no problem in this way and there are additional costs for handling Covid-19, and it must be resolved immediately in any way for the safety of the community and I agree.

I think the suggested way to get the additional income that can be used to pay for Covid-19 is not the only reason for the government to regulate online gambling. Another motive is to suppress the growth of gambling addiction caused by the increasing number of gamblers due to the pandemic situation.

Some people who have lost their wages due to corona will see gambling as an opportunity to earn instant money. If this situation cannot be controlled by the government, then the number of unemployed and problem gamblers will increase rapidly.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: MWesterweele on October 28, 2020, 11:25:14 AM
During the pandemic, many people took advantage of online gambling as income without having to leave the house and on the other hand the government needed additional fees for handling Covid-19, which until now has not been completely resolved.
In my opinion there is no problem in this way and there are additional costs for handling Covid-19, and it must be resolved immediately in any way for the safety of the community and I agree.

Its because online gambling were the only available site for gambling since the pandemic crises rises. We havo no choice but to dealt with online application to be able to prevent us from virus infection. Even so paying bitcoin or even gambling uses for some needs because of this pandemic was not also impossible. But it was possibly be happen to the countries where bitcoin or digital currency were implemented legally.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: arwin100 on October 28, 2020, 01:28:35 PM
During the pandemic, many people took advantage of online gambling as income without having to leave the house and on the other hand the government needed additional fees for handling Covid-19, which until now has not been completely resolved.
In my opinion there is no problem in this way and there are additional costs for handling Covid-19, and it must be resolved immediately in any way for the safety of the community and I agree.

Its because online gambling were the only available site for gambling since the pandemic crises rises. We havo no choice but to dealt with online application to be able to prevent us from virus infection. Even so paying bitcoin or even gambling uses for some needs because of this pandemic was not also impossible. But it was possibly be happen to the countries where bitcoin or digital currency were implemented legally.

Many tried their luck but not all receive a profit since majority lose due to over expecting about they can make it as an alternative to get a profit or possible a passive income for living. But actually we have so many choice if we really want to earn during pandemic, but there are people who choose to go on wrong ways that's why instead they earn they lose more than they expect.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: proTECH77 on October 28, 2020, 02:16:28 PM
During the time of pandemic the population of online gambler was much because many people loss their job during the pandemic while some find it difficult to feed their family. Even the online gambling was no longer favouring gambler as usual because of the population.
Many players are returning back to their team why some are still isolation center receiving treatment of covid-19 which the government has provided for every affected of corona virus to be treated free. Most of the players who has recovered from covid-19 will the their team proud of them today because they are the Pilar of team.since they have been isolated it hard their team to win five match they have play.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: bounceback on October 28, 2020, 03:13:22 PM
During the time of pandemic the population of online gambler was much because many people loss their job during the pandemic while some find it difficult to feed their family. Even the online gambling was no longer favouring gambler as usual because of the population.
Many players are returning back to their team why some are still isolation center receiving treatment of covid-19 which the government has provided for every affected of corona virus to be treated free. Most of the players who has recovered from covid-19 will the their team proud of them today because they are the Pilar of team.since they have been isolated it hard their team to win five match they have play.
Many company stop working for many people and they lost job, so not have choose looking for money and try gambling site for their income, how ever if have any site of gambling wanna donate their money to help covid 19 why not, I thin government will be applause and accept the money from gambling site, they don't care where are the money come from and keep needed much money how to fight with covid 19 and bring normal condition back. Need billion USD how to help many hospital and medical to get stock for covid 19 victim and help them to be healthy back.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Fredomago on October 28, 2020, 03:22:17 PM
During the pandemic, many people took advantage of online gambling as income without having to leave the house and on the other hand the government needed additional fees for handling Covid-19, which until now has not been completely resolved.
In my opinion there is no problem in this way and there are additional costs for handling Covid-19, and it must be resolved immediately in any way for the safety of the community and I agree.

Its because online gambling were the only available site for gambling since the pandemic crises rises. We havo no choice but to dealt with online application to be able to prevent us from virus infection. Even so paying bitcoin or even gambling uses for some needs because of this pandemic was not also impossible. But it was possibly be happen to the countries where bitcoin or digital currency were implemented legally.

Yes, during this pandemic gamblers don't have any other option, they needed to comply using this platform in order to do their gambling activities.

Government seen that this line of business still continuing and surviving even the pandemic is really hurting the economy of every countries.

Now, if they implement additional tax for this business it will stay and continue to facilitate
as they can take it from every gamblers pocket knowing that most of the time house always win.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: goldade on October 28, 2020, 07:49:56 PM
For gamblers, this is totally uncalled for but then one can't really blame the government. They've been hit hard by the pandemic having to set up isolation centers patients of the virus and relief centers for other citizens and one should note that it is also at this time that several offline businesses had to close down which means the government wasn't really get money from them in form of taxes and then a new source had to be looked for. Placing those regulations on online gambling is actually a way to rake in revenues for the government.
However, coming from the point of view of a gambler, it's totally uncalled for and should be scraped. It means I'll have to be charged unnecessarily, I'll probably have to pay higher withdrawal fee and this is not good for me.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: bitbunnny on October 28, 2020, 08:43:54 PM
I see positive the measures that the countries of Europe will take to regulate online gambling because this will guarantee that people do not lose their jobs due to the Covid19 pandemic now that Europe is experiencing the second wave of infections.
The advertising of gambling sites could be affected those that sponsor sports teams as an example as mentioned in the article.
But the legislation will take time, it only remains to know how the law on the regularization of online gambling will evolve and the repercussions that it will bring.

In most European countries gambling is already regulated. As far as I know gambling industry isn't excluded from the financial package that should help economy to recover from the pandemic consequences and to my opinion that is advantage of EU compared to some other countries.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Janation on October 29, 2020, 01:43:09 AM
for me i don't see anything wrong to it, let's just look at the situation we currently have and by regulating the online casinos it would help the government some extra financial support for the covid problems it might be an issue to some about the kyc however believe it or not we could benefit from it.

Not all of us though.

Not all of us would benefit from that KYC. For example those people that are using that certain gambling site whose not a citizen of that certain country which that site is regulated. That gambler will recieve no benefits at all, all they can receive is losses and wins they can still recieve in the past. All that changes is that they send their personal information.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: aioc on October 29, 2020, 03:17:20 AM


In most European countries gambling is already regulated. As far as I know gambling industry isn't excluded from the financial package that should help economy to recover from the pandemic consequences and to my opinion that is advantage of EU compared to some other countries.

Gambling casinos cannot be excluded only the online casinos, because they rely on walk in gamblers and because of the pandemic no players will and can come in, depending on the number of and state of the Covid situation in a country it will take time before they can recover, only online gambling casinos are making profit, this should not be included in the recovery package, in fact some countries are taxing them more.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: k@suy on October 29, 2020, 02:06:12 PM


In most European countries gambling is already regulated. As far as I know gambling industry isn't excluded from the financial package that should help economy to recover from the pandemic consequences and to my opinion that is advantage of EU compared to some other countries.

Gambling casinos cannot be excluded only the online casinos, because they rely on walk in gamblers and because of the pandemic no players will and can come in, depending on the number of and state of the Covid situation in a country it will take time before they can recover, only online gambling casinos are making profit, this should not be included in the recovery package, in fact some countries are taxing them more.
Here in my country, although there are still a lot of covid 19 cases, the government already lessen their restrictions and opens the economy again to slowly recover what the country and the citizens have lost during the month long community quarantine. Even the casinos here are now open to accept customers that's why the gamblers are now happy because they can play again after a few months of staying inside their houses.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: semobo on October 29, 2020, 03:51:20 PM
Paying taxes isn't actually a con for a gambler because we are supposed to pay taxes for everything in this world so I don't think regulating online casinos is an unfair decision. At least the government is taking necessary actions to eliminate the face casinos running in their origin but in online gambling, the business owner can choose a place where the tax is really less and establish their origin there so it's a win-win for both sides.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: wxa7115 on October 29, 2020, 04:04:35 PM
The havoc the pandemic caused our various government could be the reason behind this move from country like the UK among others, this is essential as they find it difficult to sustain their revenue generation. For any government to continue with their activities financially, it is imperative for them to look beyond the traditional scope, this might be reason they tends to shift towards online gambling for revenue generation which call for urgent regulation. The benefits we will get from this act will be more positive than negative IMO. Scammers wont be easily found among the online gambling platforms becasue of government regulations which will protect the right of the players.
Personally I do not see it that way, there are laws that are regulatory, those kind of laws are intended to as the name implies to regulate the behaviour of people or businesses and establish the penalties for those that do not comply, however in this particular case the laws will be passed just to get more taxes, which means that they do not care at all about the day to day activities of those online casinos, they only care about the taxes they can get out of them.

This means the laws they plan to pass will have no effect on the number of scammers we see or that get prosecuted for their actions and taking that into consideration I do not see how this will help anyone that likes to gamble online.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Saisher on October 29, 2020, 04:29:20 PM
I don't know if it has been shared or not , but Europe is considering to tighten the laws of Gambling especially the online ones. They want to **regulate** it , which actually means that they want these online gambling casinos to pay up the government somehow.

 

If a gambling casinos wants to operate legally they have no choice but to accept whatever government imposed on them, if they want more taxes, there is no option for gambling sites but to comply, as long as they can build their reputation on the license that the authorities have granted, they will comply.

There are gamblers who wants to play on a licensed casinos and they can freely promote their platform because they are legal.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: carter34 on October 29, 2020, 04:57:26 PM
Paying taxes isn't actually a con for a gambler because we are supposed to pay taxes for everything in this world so I don't think regulating online casinos is an unfair decision. At least the government is taking necessary actions to eliminate the face casinos running in their origin but in online gambling, the business owner can choose a place where the tax is really less and establish their origin there so it's a win-win for both sides.

I think government coming into it to regulate it will give more confidence and security but I know there are some casinos that won't be regulated and those unregulated casinos won't have much patronage because some gamblers might be scared to play or gamble in such platform of casino.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: semobo on October 29, 2020, 07:12:43 PM
Paying taxes isn't actually a con for a gambler because we are supposed to pay taxes for everything in this world so I don't think regulating online casinos is an unfair decision. At least the government is taking necessary actions to eliminate the face casinos running in their origin but in online gambling, the business owner can choose a place where the tax is really less and establish their origin there so it's a win-win for both sides.

I think government coming into it to regulate it will give more confidence and security but I know there are some casinos that won't be regulated and those unregulated casinos won't have much patronage because some gamblers might be scared to play or gamble in such platform of casino.
Most gamblers don't have knowledge about the license of a gambling platform which they were used to play normally so it is not going to affect the activity of a player unless government identifies each of the unregulated casinos and blacklist them on their country.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: pawanjain on October 30, 2020, 04:17:20 PM
Regulation in gambling can turn out to give positive results in three ways.

1. It can reduce the amount of black money being used for gambling.

If gambling is regulated people won't be able to use their black money for gambling since the government will keep track of income source of the money being gambled.
Hence this will reduce the black money usage for gambling. This also has a negative impact that there are many people who use black money for gambling.
So if gambling is regulated then there will be less number of people gambling and this will reduce the profits for gambling site owners.

2. It will yield more tax returns for the government.

I consider this as a good thing because gambling site owners would definitely get good profits from their site.
They shouldn't mind paying some of their profits as tax to the government. Paying taxes help to make our country's economic growth more stronger.

3. It will reduce the amount of scams in the name of gambling.

Regulation in gambling means that the government will be involved in it and the amount of scams in the name of gambling will reduce drastically since the regulatory bodies will be able to keep a track of gambling sites and may be ban those which are unauthorized. This will make the scam sites tough to survive and then they will have to wind up their business.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ecnalubma on November 01, 2020, 02:30:46 PM
It is good that online Casinos are regulated by the governments its one way to protect users and at the same time to monitor the flow of money coming in and out of the platform. Expecting regulators to tighten online platforms due to new normal and tax implementation to online businesses is inevitable.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: pinggoki on November 01, 2020, 02:53:15 PM
This is just probably saying that there will be some extra fees to be simple as that. Because of the online casino will be regulated and will be supported by the local government of yours then probably there will be a tax so that there will be benefits to the government, am I right? Then if that's the case then there will be extra fees for that to support the tax that has been need to pay by the online casinos.
As a player this will be just a burden because there will be an extra fees for playing but on the other side it will be also a good because as of now many people are bored and playing online casinos in order for them to support there boredom and if it regulated by the government meaning this is already legal.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Yamifoud on November 01, 2020, 03:14:53 PM
It is good that online Casinos are regulated by the governments its one way to protect users and at the same time to monitor the flow of money coming in and out of the platform. Expecting regulators to tighten online platforms due to new normal and tax implementation to online businesses is inevitable.
That is not a problem as this will help to minimize the spread of scam sites and have to stop. But one thing it puts in my mind if the government will never use their power to ask for huge fees and milking gambling sites for their own benefits. And we're not sure as well if this will not be politically manipulated once they are in control of us. A reason that gives me worries and not totally in favor of regulation unless if there is a third party handled separately, not the government.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: CarnagexD on November 01, 2020, 09:32:56 PM
For gamblers, this is totally uncalled for but then one can't really blame the government. They've been hit hard by the pandemic having to set up isolation centers patients of the virus and relief centers for other citizens and one should note that it is also at this time that several offline businesses had to close down which means the government wasn't really get money from them in form of taxes and then a new source had to be looked for. Placing those regulations on online gambling is actually a way to rake in revenues for the government.
However, coming from the point of view of a gambler, it's totally uncalled for and should be scraped. It means I'll have to be charged unnecessarily, I'll probably have to pay higher withdrawal fee and this is not good for me.
Industryies that cash in money this big like gambling are indeed accountable to help the government in crises like this. But we all gotta remember that the government should partake in the helping as well. Take. For example Philippines, where they loaned billions of dollars as COVID-contingency funds and even started taxing online selling, yet they got the highest amount of cases all over SEA because of poor management. I'm not saying that good financial management is all it takes, but it is an integral part in helping a country rise from shambles.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: fishbonez11 on November 02, 2020, 04:24:14 AM
It is good that online Casinos are regulated by the governments its one way to protect users and at the same time to monitor the flow of money coming in and out of the platform. Expecting regulators to tighten online platforms due to new normal and tax implementation to online businesses is inevitable.

Regulations are important to protect the users but they could use this to take advantage on milking money from the online casinos. This would affect not only the casino but the users also since they will charge the expenses to the users. The Government should also offer protection not only to users but also to the casino. It should be a win win situation for all


Title: Re: Online Gambling could be used to pay for covid problems
Post by: yazher on November 02, 2020, 04:33:30 AM
Paying taxes isn't actually a con for a gambler because we are supposed to pay taxes for everything in this world so I don't think regulating online casinos is an unfair decision. At least the government is taking necessary actions to eliminate the face casinos running in their origin but in online gambling, the business owner can choose a place where the tax is really less and establish their origin there so it's a win-win for both sides.

Yeah! exactly, taxes are supposed to be paid by everyone not only in gambling but the rest of the other industries. It is to distribute the money to the poorest people in their respective countries or to construct any developments to their cities to make everyone convenient for their living. Most of the time if the leaders of those countries are just, they are most likely to make their place environmentally friendly like that of Japan and Saudi Arabia. But if the leaders are crooks, no matter how much taxes they get from their people, you won't see any progress to their country after so many years.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ShowOff on November 02, 2020, 04:39:35 AM
Regulations are important to protect the users but they could use this to take advantage on milking money from the online casinos. This would affect not only the casino but the users also since they will charge the expenses to the users. The Government should also offer protection not only to users but also to the casino. It should be a win win situation for all
The government want profit by controlling online casinos to appear safe to users. The growth of online gambling as well as the transition of gambler from physical casinos to online casinos has been monitored by the government to maximize the potential income from gambling for them. Setting it up is a gimmic but in the end is an advantage. It's great that they seem to care about user, but if user have to bear the fees the site charges gambler then I'm sure there is some resistance on the part of gambler. It's like a tax in my opinion.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Chrystora123 on November 02, 2020, 05:04:27 AM
snip..
I personally have no problem with paying gambling taxes, especially in this "PANDEMIC" period all countries really need money to improve their country's economy.  The positive thing that I see from taxpayers regarding gambling is that gambling sites we are playing are more monitored and player funds are guaranteed safe because it is certain that user funds are protected by the government..


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Fredomago on November 02, 2020, 05:10:43 AM
snip..
I personally have no problem with paying gambling taxes, especially in this "PANDEMIC" period all countries really need money to improve their country's economy.  The positive thing that I see from taxpayers regarding gambling is that gambling sites we are playing are more monitored and player funds are guaranteed safe because it is certain that user funds are protected by the government..

Following that point, it's indeed will help the government generating additional funds as gambling business are one of those many active venues even in this pandemic crisis.

People who are enjoying this place are not being bothered as they will continue playing whatever additional taxes will be implemented.

And with government monitoring, the business will be more protected as the owners needs to
comply with laws avoiding them to do illegal things as gamblers can turned  against them.



Title: Re: Online Gambling could be used to pay for covid problems
Post by: michellee on November 02, 2020, 05:40:45 AM
snip..
I personally have no problem with paying gambling taxes, especially in this "PANDEMIC" period all countries really need money to improve their country's economy.  The positive thing that I see from taxpayers regarding gambling is that gambling sites we are playing are more monitored and player funds are guaranteed safe because it is certain that user funds are protected by the government..
If the government can really get the taxes, that will help the country's economy. But if that is related to the online casino, I think that will not easy as we know that the casino can host their site in other countries that don't apply the taxes to their business. It needs more work to find the online casino and makes them follow the regulations from the government. If that regulation is for the casino in their country, it could apply to the casino because it can control the place from abusing the law. It will protect not just the casino, but the user can get protection from the government.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Wexnident on November 02, 2020, 06:14:24 AM
If the government intention is to protect the end users and get upto certain % as a revenue in tax then it is fine but they want a complete control and too much taxes on gambling and other entertainment then it will have a negative impact because the impact will be on end user and they may think of alternative if its involves too much complexities or too much of interference.
That's the thing, we don't exactly know if said taxes are actually being used to help those that were damaged by the pandemic. Plus, who knows, they may not even remove the said regulations even after the damages are already paid and the pandemic is over. It'd probably be a lot better if casinos were to set up their own charity fund where a set % of revenues are sent every month or so and after a set period of time, would stop giving them since they themselves are businessmen that need to improve their business as well as pay their employees.

Not to mention that, why only the gambling industry? Shouldn't they just pretty much ask for funds for every working business? It'd be hard to judge though since different businesses have different revenues, but well, not that we can be picky at this time.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Qerat on November 04, 2020, 11:05:23 AM
Online gambling is now very common and popular, the main thing is to choose a reliable service, because now there are also many fake casinos and scammers. That's why I use the reviews I read on CasinoTop (https://casinotop.co.nz/paysafecard-online-casinos-nz/). From the reviews I learn all the important information about the casino, its rates, bonuses and ratings. It is very useful and informative.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Darkelf11 on November 05, 2020, 02:03:58 PM
Pros:
 1. Can help regulate the spam casinos
 2. People will have security
 3. They will be protected by the laws

Cons:
 1. People will have to actually pay up more indirectly for extra charges
 2. No privacy


For me, it is okay if the government will try to regulate the online casinos. When the pandemic started, lots of offline casinos in different countries have been closed for oublic due to modified enhanced community quarantine and also the emerging online casinos start to bloom. I don't see any problem whenever government will dive into regulating online casinos. Security of the gamblers will be assured. Ofcourse those casinos who are registered in our government have complete papers and definitely not a scam. 


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Renampun on November 06, 2020, 06:00:00 PM
...
If the government intention is to protect the end users and get upto certain % as a revenue in tax then it is fine but they want a complete control and too much taxes on gambling and other entertainment then it will have a negative impact because the impact will be on end user and they may think of alternative if its involves too much complexities or too much of interference.
intend for complete control? it's very possible...
surely the government will extort the players and even the gambling business owners because it is certain that the government knows how much money it produces. the good news is that until now there has been no news where the government in a country imposes a very high tax on gambling.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: nikola22 on November 06, 2020, 06:51:35 PM
I don't think that taxing online gambling will solve all the problems with financing covid problems. first of all there is a need to cut payments to officials and that move will save a lot of money.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: abhiseshakana on November 06, 2020, 08:42:05 PM
I don't think that taxing online gambling will solve all the problems with financing covid problems. first of all there is a need to cut payments to officials and that move will save a lot of money.

Yes, it will not solve the problem (and for countries that do not legalize gambling, this option is not a solution at all), because to allocated new funds for the Covid problem, a country must be able to encourage its economy from various sectors. But at least the specific tax for online gambling can be used as a help fund to reduce the cost of covid.

Tax is a compulsory levy that must be paid by taxpayers. Even though the imposition of taxes on online gambling may not be liked by gamblers, but if the goal is really to help the Covid problem, I think everyone will be able to accept it.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: kayvie on November 06, 2020, 10:11:00 PM
I don't think that taxing online gambling will solve all the problems with financing covid problems. first of all there is a need to cut payments to officials and that move will save a lot of money.
Well, it does not say that it will solve all the problems but they see it as one solution that can help them. They see it as one of the possible solution since there's a lot of money circulating in online gambling that's why they are taking this consideration as a solution for the problems that they are facing right now.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ardentvolcanoes on November 06, 2020, 10:15:45 PM
I don't think that taxing online gambling will solve all the problems with financing covid problems. first of all there is a need to cut payments to officials and that move will save a lot of money.
Well, it does not say that it will solve all the problems but they see it as one solution that can help them. They see it as one of the possible solution since there's a lot of money circulating in online gambling that's why they are taking this consideration as a solution for the problems that they are facing right now.

Every potential venues the government will seek for it and try to make it possible just to accumulate additional taxes. They will proceed as they've got

the authorities as long as they can implement legal basis for this said action. Gambling industries is really active especially the online gaming,

implementing additional taxes won't stop them to continue facilitating.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: goinmerry on November 06, 2020, 10:28:07 PM
I don't think that taxing online gambling will solve all the problems with financing covid problems. first of all there is a need to cut payments to officials and that move will save a lot of money.

But it's a good step. Do you really think by taxing online gambling, it will contribute big to financing Covid problems? Of course no. But the tax that will come here is a big help.

Every opportunity should be considered and that's what the government is doing.

At least they are doing something as the gambling industry didn't actually hit hard during the pandemic.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Saint-loup on November 06, 2020, 10:59:20 PM
What comes to my mind immediately if it was regulated for sure it would require to conduct a KYC which would violated on what most of us like which is Anonymity but we can't blame the government since I think they're just doing this to have some extra source of fund to sustain their economy due to this pandemic.
They don't need to impose KYC for that, with the blockchain governements could easily monitor the funds comitted on the platforms and tax them

But the thing is The government is trying to make a digital platform to actually locate anyone who is going to use funds by making KYC mandatory on all the platfroms at the same time making KYC mandatory for all the bank accounts owned by an individual. They are trying to not only check for illegal activities but also see any tax frauds.

Wallets , sites , bank accounts , all of them needs KYC !! If they would go to such lengths to impose the KYC on online gambling , no one would actually use it for sure since privacy is a big factor and they have to at least give some thought for the same. It would decrease the number of people interested in the online gambling so decrease their revenues. So I don't think they will do , they can do for sure but they won't kill their own taxes.
I agree with you but it's another question. Here we're just talking about taxes. And I think governements don't need to get customers KYC to tax this activity. They just need to look at the blockchain to see how much funds are coming to the platform and how much funds are leaving it.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: xSkylarx on November 07, 2020, 03:36:21 AM
What do you think ?

If they are really out of funds for covid then so be it. But some countries have tons of funds and the government says they have no money anymore. Corrupt officials are getting richer and richer because of this pandemic while covid cases in their country are continuously growing.

Is this essential?

No

Would it affect the online casinos?

Yes, if they need to pay a lot to the government then they will increase what they ask for their customers so people would only suffer more.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Reatim on November 07, 2020, 05:43:48 AM
I don't think that taxing online gambling will solve all the problems with financing covid problems. first of all there is a need to cut payments to officials and that move will save a lot of money.

But it's a good step. Do you really think by taxing online gambling, it will contribute big to financing Covid problems? Of course no. But the tax that will come here is a big help.
At least it will add mate thats the main agenda on that,imagine each government are seeking on where to take funds and every small amount counts in this situation.
Every opportunity should be considered and that's what the government is doing.
Exactly what i was saying,this is what should be the movement now to sustain the needs of each victims.
At least they are doing something as the gambling industry didn't actually hit hard during the pandemic.
Gambling industry Bloom this pandemic,Not the Live casinos but the online.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: cherryganda on November 15, 2020, 04:39:21 AM
I don't know if it has been shared or not , but Europe is considering to tighten the laws of Gambling especially the online ones. They want to **regulate** it , which actually means that they want these online gambling casinos to pay up the government somehow.

https://www.euroweeklynews.com/2020/10/22/will-european-countries-regulate-online-gambling-to-pay-for-covid-19/ (https://www.euroweeklynews.com/2020/10/22/will-european-countries-regulate-online-gambling-to-pay-for-covid-19/)

We already have laws regarding these casinos but I do believe for the government it is not enough.

Pros:
 1. Can help regulate the spam casinos
 2. People will have security
 3. They will be protected by the laws

Cons:
 1. People will have to actually pay up more indirectly for extra charges
 2. No privacy

`````````````````````````````````````````
What do you think ?
Is this essential? Would it affect the online casinos?
 

If some of the Casinos will participate in this program, I think the players or gamblers will not agree on this. Why did I say that?
it surely because that gambling platform will require their players to submit KYC for sure, even it is not necessary for the program due to that we are here as an anonymous gambler individuals anyway.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Janation on November 15, 2020, 09:14:39 AM
It is good that online Casinos are regulated by the governments its one way to protect users and at the same time to monitor the flow of money coming in and out of the platform. Expecting regulators to tighten online platforms due to new normal and tax implementation to online businesses is inevitable.

Regulations are important to protect the users but they could use this to take advantage on milking money from the online casinos. This would affect not only the casino but the users also since they will charge the expenses to the users. The Government should also offer protection not only to users but also to the casino. It should be a win win situation for all

Regulations are really important especially in these kinds of establishments.

Taxes, on the other hand, is for the better of the country although the government hands them sometimes to people that would want the money for themselves and not spend that on the projects or plans where they needed to be used. We can't just say that the government wanted to take advantage since there are some owners that also trick the government into not paying the right amount of taxes.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: bitbollo on November 15, 2020, 09:38:13 AM
it's a different situation since each country can have specific legislation.
likewise, in my country (Italy) gambling and more over sport gambling is already heavy taxed.
they can rise of course taxes, but there is any proposal or discussion about it in political agenda.
only slot games have some privilege about taxes and concessions but I think there is not really interest to tax it more even with Covid19 situation...


Title: Re: Online Gambling could be used to pay for covid problems
Post by: bitbunnny on November 15, 2020, 10:00:08 AM
snip..
I personally have no problem with paying gambling taxes, especially in this "PANDEMIC" period all countries really need money to improve their country's economy.  The positive thing that I see from taxpayers regarding gambling is that gambling sites we are playing are more monitored and player funds are guaranteed safe because it is certain that user funds are protected by the government..
If the government can really get the taxes, that will help the country's economy. But if that is related to the online casino, I think that will not easy as we know that the casino can host their site in other countries that don't apply the taxes to their business. It needs more work to find the online casino and makes them follow the regulations from the government. If that regulation is for the casino in their country, it could apply to the casino because it can control the place from abusing the law. It will protect not just the casino, but the user can get protection from the government.

That nakes sense but on the other hand to help the economy of exactly your country you should play in casino that is registered in your country, when it comes to online casinos. There are countries which don't have registered casinos in their web domain and I don't know if that could persuade the gamblers to chose just the casinos from their own country if they have different habbits.
To conclude as an idea it might sound good but I'm sure if really can be executed in reality.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: xenon131 on November 15, 2020, 10:48:42 AM

 1. People will have to actually pay up more indirectly for extra charges
 2. No privacy

`````````````````````````````````````````
What do you think ?
Is this essential? Would it affect the online casinos?
 

 How  it might be effected?


Title: Re: Online Gambling could be used to pay for covid problems
Post by: john_nautica on November 15, 2020, 10:59:50 AM
Online gambling is now very common and popular, the main thing is to choose a reliable service, because now there are also many fake casinos and scammers. That's why I use the reviews I read on CasinoTop (https://casinotop.co.nz/paysafecard-online-casinos-nz/). From the reviews I learn all the important information about the casino, its rates, bonuses and ratings. It is very useful and informative.
I don't think any user are interested on the casinos listed on the review website you have provided most of them are casinos that accepts fiat which more likely to ask KYC and I don't think some or all of them are accepting cryptocurrency or Bitcoin.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: blckhawk on November 15, 2020, 11:22:49 AM

`````````````````````````````````````````
What do you think ?
Is this essential? Would it affect the online casinos?
 
Personally, there will be an upside and downside if the government really imposes a tax on it or choose to regulate. It is upside in the way of, these taxes are necessary to bring up the economic status of one's country once again. Due to the pandemic, most of the country's economy drastically drops at the bottom that is why the government trying to find a solution. On the other hand, it is downside simply because users must now have to compromise with this situation. Besides, having a regulation will now break the form of anonymity on online gambling.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Taskford on November 15, 2020, 11:47:20 AM

`````````````````````````````````````````
What do you think ?
Is this essential? Would it affect the online casinos?
 
Personally, there will be an upside and downside if the government really imposes a tax on it or choose to regulate. It is upside in the way of, these taxes are necessary to bring up the economic status of one's country once again. Due to the pandemic, most of the country's economy drastically drops at the bottom that is why the government trying to find a solution. On the other hand, it is downside simply because users must now have to compromise with this situation. Besides, having a regulation will now break the form of anonymity on online gambling.

Casinos are booming at the time of pandemic so there's no downside for this since it can help people and it's beneficial to the economy also since for now the economic state is not really good and it's good to have a certain outlet where the government can take funds to use to fight the pandemic as well for the other things that needed to take care. And there's nothing wrong with regulation since if the casino is regulated the gamblers can assure that they are safety.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: FlightyPouch on November 15, 2020, 12:00:26 PM
Casinos are booming at the time of pandemic so there's no downside for this since it can help people and it's beneficial to the economy also since for now the economic state is not really good and it's good to have a certain outlet where the government can take funds to use to fight the pandemic as well for the other things that needed to take care. And there's nothing wrong with regulation since if the casino is regulated the gamblers can assure that they are safety.

In terms of our country, I think there will be a negative result to this and this will be taken by the people as an insult since they think that our national government is not handling the funds that well. A lot of projects got cancelled is with the current issues and situations our country is facing, people are trying to point it all out that the government are the ones at fault why things are worsening so, yeah, there is that.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Ziskinberg on November 15, 2020, 12:04:49 PM
Casinos are booming at the time of pandemic so there's no downside for this since it can help people and it's beneficial to the economy also since for now the economic state is not really good and it's good to have a certain outlet where the government can take funds to use to fight the pandemic as well for the other things that needed to take care. And there's nothing wrong with regulation since if the casino is regulated the gamblers can assure that they are safety.

In terms of our country, I think there will be a negative result to this and this will be taken by the people as an insult since they think that our national government is not handling the funds that well. A lot of projects got cancelled is with the current issues and situations our country is facing, people are trying to point it all out that the government are the ones at fault why things are worsening so, yeah, there is that.

Must be your government at fault, however, if we look closely, casinos really help a certain country to grow, it will attract tourist and they are willing to spend their money in gambling especially those who are really earning well as they don't care if they have spend a lot of money as long as they are entertain.

Big portion of profit of the casinos are coming from gamblers who just gamble for fun, and that would not affect the lifestyle of the gamblers as they are mostly responsible gambler, but it could help the economy to grow as government can restrict their people from gambling.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: finaleshot2016 on November 15, 2020, 12:36:49 PM
Casinos are booming at the time of pandemic so there's no downside for this since it can help people and it's beneficial to the economy also since for now the economic state is not really good and it's good to have a certain outlet where the government can take funds to use to fight the pandemic as well for the other things that needed to take care. And there's nothing wrong with regulation since if the casino is regulated the gamblers can assure that they are safety.

In terms of our country, I think there will be a negative result to this and this will be taken by the people as an insult since they think that our national government is not handling the funds that well. A lot of projects got cancelled is with the current issues and situations our country is facing, people are trying to point it all out that the government are the ones at fault why things are worsening so, yeah, there is that.
Then maybe the government is really at the fault of this situation why is this happening. At first, people will not think that as an insult if the government is really doing its purpose to support the citizen and develop the country. If some organization is ahead of the government when it comes to donation and response during emergencies, then maybe there's wrong with the government.

Casinos are obviously a good help to the economy of each country since it's one of the businesses where continuous profit is happening. Many people are wasting money to have fun and to be entertained, and our country will benefit from it in terms of taxes.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: fortunecrypto on November 15, 2020, 03:59:30 PM
Casinos are obviously a good help to the economy of each country since it's one of the businesses where continuous profit is happening. Many people are wasting money to have fun and to be entertained, and our country will benefit from it in terms of taxes.

People are on their homes because of the quarantine besides gaming, watching movies, gambling is a big attraction because they can win money here, there's never been a time where people are online most of the time, only on this pandemic and many new gambling sites are launching in trying to have a share of the big market, even if the pandemic is gone gambling sites will continue to have a steady flow of profit.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: FlightyPouch on November 15, 2020, 10:37:46 PM
Big portion of profit of the casinos are coming from gamblers who just gamble for fun, and that would not affect the lifestyle of the gamblers as they are mostly responsible gambler, but it could help the economy to grow as government can restrict their people from gambling.
Casinos are obviously a good help to the economy of each country since it's one of the businesses where continuous profit is happening. Many people are wasting money to have fun and to be entertained, and our country will benefit from it in terms of taxes.

What I am trying to say is that people might take it negatively. They did not manage well the funds that should help the people from this calamities and now they are again adding up taxes to the people that even though they are gamblers, for them they might see that unfair. There are a lot of people that would take it like that, though I agree that casinos could really help. It is just kind of annoying how people wanted a perfect government while there can never be one.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Ziskinberg on November 16, 2020, 04:53:49 AM
Big portion of profit of the casinos are coming from gamblers who just gamble for fun, and that would not affect the lifestyle of the gamblers as they are mostly responsible gambler, but it could help the economy to grow as government can restrict their people from gambling.
Casinos are obviously a good help to the economy of each country since it's one of the businesses where continuous profit is happening. Many people are wasting money to have fun and to be entertained, and our country will benefit from it in terms of taxes.

What I am trying to say is that people might take it negatively. They did not manage well the funds that should help the people from this calamities and now they are again adding up taxes to the people that even though they are gamblers, for them they might see that unfair. There are a lot of people that would take it like that, though I agree that casinos could really help. It is just kind of annoying how people wanted a perfect government while there can never be one.

You are saying about majority of people or just a few people who are always against the move of the government, because if that so, they will never appreciate the move of the government even if it will bring improvement to the economy, and I believe the government would not be stop with that as they will continue to work to provide the service to all people, whether haters or not.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: TitanGEL on November 16, 2020, 10:01:25 AM
Casinos are obviously a good help to the economy of each country since it's one of the businesses where continuous profit is happening. Many people are wasting money to have fun and to be entertained, and our country will benefit from it in terms of taxes.

People are on their homes because of the quarantine besides gaming, watching movies, gambling is a big attraction because they can win money here, there's never been a time where people are online most of the time, only on this pandemic and many new gambling sites are launching in trying to have a share of the big market, even if the pandemic is gone gambling sites will continue to have a steady flow of profit.
Actually, even though there is still no pandemic; the online gambling sites are making huge profit because there are a lot of gamblers from traditional casinos that are now switching into online casinos because of the convenience that they can get and also entertainment. When the pandemic happens, the gambling industry expands wherein a lot of investors are focusing on online gambling sites but only few managing to survive because it requires good marketing and good promotion in order to patronize by other gamblers. In terms of financial problems because of the current pandemic, online gambling can be one of sources of income as long as we should have consistent winning in the type of the game that we are playing because we can experience losses if we do not have enough experiences especially when it comes to betting and many more.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Miki8 on November 16, 2020, 11:30:09 AM
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Title: Re: Online Gambling could be used to pay for covid problems
Post by: ethereumhunter on November 16, 2020, 12:10:07 PM
Big portion of profit of the casinos are coming from gamblers who just gamble for fun, and that would not affect the lifestyle of the gamblers as they are mostly responsible gambler, but it could help the economy to grow as government can restrict their people from gambling.
Casinos are obviously a good help to the economy of each country since it's one of the businesses where continuous profit is happening. Many people are wasting money to have fun and to be entertained, and our country will benefit from it in terms of taxes.

What I am trying to say is that people might take it negatively. They did not manage well the funds that should help the people from this calamities and now they are again adding up taxes to the people that even though they are gamblers, for them they might see that unfair. There are a lot of people that would take it like that, though I agree that casinos could really help. It is just kind of annoying how people wanted a perfect government while there can never be one.

You are saying about majority of people or just a few people who are always against the move of the government, because if that so, they will never appreciate the move of the government even if it will bring improvement to the economy, and I believe the government would not be stop with that as they will continue to work to provide the service to all people, whether haters or not.

Yes, the government will not stop just because people will make sure that their economy can run well. Maybe people need to support whatever the government does and wait and see what will happen later after the government applies it. If that can change better, then what we think is wrong because it is normal to have negative thinking before we know how good the result.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Charles-Tim on November 16, 2020, 12:18:11 PM
Yes, the government will not stop just because people will make sure that their economy can run well. Maybe people need to support whatever the government does and wait and see what will happen later after the government applies it. If that can change better, then what we think is wrong because it is normal to have negative thinking before we know how good the result.
The governments can be so selfish and selfcentered at times, as risky as gambling is, if they try to regulate it, possibly, there will be the demand for taxes, which means if gamblers lose, they lose for nothing sake, but if they gain, the governments can make it mandatory to pay 10% tax of their gain. Gambling is too risky for such in my opinion. There are many gambling sites that are better and that I can make use of without any taxes being paid. If this is the case, then I can make use of them.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ecnalubma on November 16, 2020, 02:46:04 PM
Big portion of profit of the casinos are coming from gamblers who just gamble for fun, and that would not affect the lifestyle of the gamblers as they are mostly responsible gambler, but it could help the economy to grow as government can restrict their people from gambling.
Casinos are obviously a good help to the economy of each country since it's one of the businesses where continuous profit is happening. Many people are wasting money to have fun and to be entertained, and our country will benefit from it in terms of taxes.
What I am trying to say is that people might take it negatively. They did not manage well the funds that should help the people from this calamities and now they are again adding up taxes to the people that even though they are gamblers, for them they might see that unfair. There are a lot of people that would take it like that, though I agree that casinos could really help. It is just kind of annoying how people wanted a perfect government while there can never be one.
Everyone is adjusting so was the government, if the government funds is slowly draining they will find a way to fill those gaps specially that we are in times of crisis, cooperation is a must. Taxation is not bad at all as long as we know where our funds go.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ethereumhunter on November 17, 2020, 08:56:24 AM
Yes, the government will not stop just because people will make sure that their economy can run well. Maybe people need to support whatever the government does and wait and see what will happen later after the government applies it. If that can change better, then what we think is wrong because it is normal to have negative thinking before we know how good the result.
The governments can be so selfish and selfcentered at times, as risky as gambling is, if they try to regulate it, possibly, there will be the demand for taxes, which means if gamblers lose, they lose for nothing sake, but if they gain, the governments can make it mandatory to pay 10% tax of their gain. Gambling is too risky for such in my opinion. There are many gambling sites that are better and that I can make use of without any taxes being paid. If this is the case, then I can make use of them.

Of course, the government can do that because they have the power to force every business that does not follow their rule. Taking a 10% tax will not be a problem for the casino because I think that is not too big dependent on their profit. Yes, gambling is too risky, but I don't think that the gamblers will think about the risk. So when you can use the gambling site without being paid any taxes, that will be good for you. But I think the casino needs to help the government in the name of helping other people in this pandemic.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: FlightyPouch on November 17, 2020, 02:12:31 PM
Big portion of profit of the casinos are coming from gamblers who just gamble for fun, and that would not affect the lifestyle of the gamblers as they are mostly responsible gambler, but it could help the economy to grow as government can restrict their people from gambling.
Casinos are obviously a good help to the economy of each country since it's one of the businesses where continuous profit is happening. Many people are wasting money to have fun and to be entertained, and our country will benefit from it in terms of taxes.

What I am trying to say is that people might take it negatively. They did not manage well the funds that should help the people from this calamities and now they are again adding up taxes to the people that even though they are gamblers, for them they might see that unfair. There are a lot of people that would take it like that, though I agree that casinos could really help. It is just kind of annoying how people wanted a perfect government while there can never be one.

You are saying about majority of people or just a few people who are always against the move of the government, because if that so, they will never appreciate the move of the government even if it will bring improvement to the economy, and I believe the government would not be stop with that as they will continue to work to provide the service to all people, whether haters or not.

Yeah, I hope that is the case. There are a lot of things happening in our country right now and I think they are so fed up or done taking those posts or comments seriously so they will just do what they are supposed to do. It is for the better of the people, and if the government will be doing it, it is also for the best of those haters.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: dunfida on November 17, 2020, 08:59:18 PM
Yes, the government will not stop just because people will make sure that their economy can run well. Maybe people need to support whatever the government does and wait and see what will happen later after the government applies it. If that can change better, then what we think is wrong because it is normal to have negative thinking before we know how good the result.
The governments can be so selfish and selfcentered at times, as risky as gambling is, if they try to regulate it, possibly, there will be the demand for taxes, which means if gamblers lose, they lose for nothing sake, but if they gain, the governments can make it mandatory to pay 10% tax of their gain. Gambling is too risky for such in my opinion. There are many gambling sites that are better and that I can make use of without any taxes being paid. If this is the case, then I can make use of them.

Of course, the government can do that because they have the power to force every business that does not follow their rule. Taking a 10% tax will not be a problem for the casino because I think that is not too big dependent on their profit. Yes, gambling is too risky, but I don't think that the gamblers will think about the risk. So when you can use the gambling site without being paid any taxes, that will be good for you. But I think the casino needs to help the government in the name of helping other people in this pandemic.

Every business should really paying off some tax yet this one is the major contributors when it comes to taxes and if government wont ask out such tax then there would be no further developments that can be seen
on a certain country.So as a business owner you wont really have any choice but to abide with the rules.This isnt just for the sake for this new covid problem solutions but also this is a typical way on
having a growth on certain country.This isnt limited to gambling business alone but in all sorts of business that do exist.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: bitterguy28 on November 17, 2020, 09:36:37 PM
Best way for Europe to oblige casinos helping the Covid victims and the affected people,in this they will be part of government movement in this very bad effect in their country as second to the US of most corona virus infected countries.

actually this has been promoted from the very beginning that the pandemic steps in their country.

But at least still there is a time to make it right.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: lienfaye on November 17, 2020, 09:55:30 PM
It is upside in the way of, these taxes are necessary to bring up the economic status of one's country once again.
If this implementation can help the economy to recover I think its not going to be a big deal because it has a purpose. Besides online casinos gain more players in the past months that we are in lockdown. Gamblers are looking for an alternative to still gamble and satisfy themselves.

On the other hand, it is downside simply because users must now have to compromise with this situation. Besides, having a regulation will now break the form of anonymity on online gambling.
I think it depends on casinos because we can still have an option. The sad part is gamblers might be affected of this taxation, win or lose you have a contribution.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: coin-investor on November 18, 2020, 02:21:48 AM
Best way for Europe to oblige casinos helping the Covid victims and the affected people,in this they will be part of government movement in this very bad effect in their country as second to the US of most corona virus infected countries.


That's a good solution to implement, many gambling casinos will give more because it will give their site a good reputation and will attract more gamblers to play, but we all know the government, they always want to be in control of everything and take the credit.
By taxing them and announcing the tax will be used to sustain the fight against CoVid the government will receive praises and recognition.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: bitterguy28 on November 18, 2020, 03:29:17 AM
Best way for Europe to oblige casinos helping the Covid victims and the affected people,in this they will be part of government movement in this very bad effect in their country as second to the US of most corona virus infected countries.


That's a good solution to implement, many gambling casinos will give more because it will give their site a good reputation and will attract more gamblers to play, but we all know the government, they always want to be in control of everything and take the credit.
By taxing them and announcing the tax will be used to sustain the fight against CoVid the government will receive praises and recognition.
Right and that is a win win solution,Casino operators extending hands to help the covid victim(even though they are forced and obliged not in their own will ) and the good thing is gambling reputation may increase more.

And besides lets admit it that Gambling operators are really making good money beating gamblers day after day so it is not a abuse if government will just take a slice of cake.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: AicecreaME on November 18, 2020, 03:49:24 AM
Casinos are booming at the time of pandemic so there's no downside for this since it can help people and it's beneficial to the economy also since for now the economic state is not really good and it's good to have a certain outlet where the government can take funds to use to fight the pandemic as well for the other things that needed to take care. And there's nothing wrong with regulation since if the casino is regulated the gamblers can assure that they are safety.

In terms of our country, I think there will be a negative result to this and this will be taken by the people as an insult since they think that our national government is not handling the funds that well. A lot of projects got cancelled is with the current issues and situations our country is facing, people are trying to point it all out that the government are the ones at fault why things are worsening so, yeah, there is that.

Well, the only ones that has been cancelled are those good project that will help the whole country to rise again because of this pandemic, and the ones that continues and has been approved by the Government here in Philippines are those shitty projects that should have been not the priority in the amidst pandemic.

In short, I bet even the taxes they get in the casinos are getting stolen as well by them and they just pretending to spend it to something shitty again but the truth is they are putting it in their bank accounts. Nothing's gonna help if the Government of a certain country is corrupt and very incompetent.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: proTECH77 on November 18, 2020, 06:40:48 AM
Many gambler find it difficult to win during the pandemic that was making people to wear facemask and washing of hands all the time, to avoid spreading of the virus that was killing some gambler who fail to obey the law the government has put in place. Even though the government what to refix the economy and other online gambling center back to normal, will not allow the online gambler to suffer for it. The government will not allow the gambler to contribute in this condition covid-19 has caused to the world economy which is making many gambler think government can just change it decision, to impose taxes to all online gambler which government cannot do that to online gambler.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ethereumhunter on November 18, 2020, 08:15:02 AM
Every business should really paying off some tax yet this one is the major contributors when it comes to taxes and if government wont ask out such tax then there would be no further developments that can be seen
on a certain country.So as a business owner you wont really have any choice but to abide with the rules.This isnt just for the sake for this new covid problem solutions but also this is a typical way on
having a growth on certain country.This isnt limited to gambling business alone but in all sorts of business that do exist.

Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Salauddin1994 on November 18, 2020, 08:30:50 AM
Online gambling can help the government solve the epidemic problem if everything is closed due to the epidemic gambling is going on then the government can help the government to solve the problem of corona virus if we get tax from gambling here. This will enable the country's economy to improve very quickly from the government's point of view the government can quickly attract tourists through legal and regulated casinos more tourists means more foreign exchange earnings the government can earn money directly from casinos and by taxing money won in gambling. Successfully run casinos through the legal process can directly and indirectly increase employment in a country if there is more investment in gambling the government's income will also increase..


Title: Re: Online Gambling could be used to pay for covid problems
Post by: TopT3ns on November 18, 2020, 08:35:52 AM
Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.
So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Mauser on November 18, 2020, 08:49:30 AM
Online gambling can help the government solve the epidemic problem if everything is closed due to the epidemic gambling is going on then the government can help the government to solve the problem of corona virus if we get tax from gambling here. This will enable the country's economy to improve very quickly from the government's point of view the government can quickly attract tourists through legal and regulated casinos more tourists means more foreign exchange earnings the government can earn money directly from casinos and by taxing money won in gambling. Successfully run casinos through the legal process can directly and indirectly increase employment in a country if there is more investment in gambling the government's income will also increase..

In my opinion the revenues from casinos are not sufficient to cover the corona pandemic losses. Sure we saw a rise in online gambling with more casinos being opened and more people start to ie online casinos. But what we shouldn't forget is that the physical casinos had to close down. Most of the new online gamblers likely just switched from physical to online gambling.

It would be better to ask companies who profit the most during the pandemic to pay. Just look at amazon.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: abhiseshakana on November 18, 2020, 09:29:40 AM
So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.

Even online gambling is one of the methods used by gambling entrepreneurs to circumvent restrictions issued by the government. With the internet network making gambling easier to do, age restrictions that are usually applied by land-based casinos, but in online gambling, this will be difficult to control. Although the government has blocked unauthorized gambling sites, this method is still highly inefficient.

It is undeniable that online gambling has great potential as a source of tax revenue for the government and may be used as an additional to cover the costs of Covid, but if there are still people trying to avoid it, then this source of tax revenue will not be optimal.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Janation on November 18, 2020, 11:21:35 AM
Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.
So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.

But in that case, don't they have any regulations for these types of casinos?

It is failing to follow the rules and regulations of the country so the best way or step to them is to ban that online casino in the country for people to avoid using it but then again we have VPN to use, which makes it really hard to find a solution. How can a government implement these kinds of regulations with these types of casinos?


Title: Re: Online Gambling could be used to pay for covid problems
Post by: angrybirdy on November 18, 2020, 11:39:14 AM
Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.
So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.
I don't think so, the rules given by the government still applies especially in online gambling sites that uses local currency. The terms and condition will always apply in this matter. It is just that, the user always disregard it that's why those rules are just getting wasted.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Debonaire217 on November 18, 2020, 02:48:33 PM
We should ask why most of the gambling platforms online especially those who are crypto-based online casinos are registered on Curacao, that is because the regulation of cryptocurrencies there are favorable to the casinos themselves. That means that as an owner running a cryptocurrency business, they often value their interests rather than to pay too much in taxes by registering on their own nation. I'm sure, every country has a casino regulation and they strictly impose a huge tax on this business. But the good thing here, physical casinos couldn't escape their country's regulation which will definitely help the economy by the tax. Thus, it could mean that the government has most of the responsibility to use the funds to help fight against covid problems.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: hahay on November 18, 2020, 03:53:01 PM
Regulate online casino's? Perhaps it can be easy said than done. From what i see, the heavily affected by the new law will be the fiat based casino's. Because cryptocurrency types of gambling sites are pretty hard to regulate especially when the site, is not Europe based. People can just migrate their funds to those funds who doesn't require KYC.
If the fiat casino is not European based, doesn't that also have different rules and becomes difficult, the regulations are just a gambling site based in Europe so fiat or cryptocurrency will get the same rules. Maybe it will be tightened because the rules are made to restore the economy and I think there is nothing wrong with it, maybe it is just a temporary rule and maybe it can change at any time.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: milewilda on November 18, 2020, 08:48:43 PM
We should ask why most of the gambling platforms online especially those who are crypto-based online casinos are registered on Curacao, that is because the regulation of cryptocurrencies there are favorable to the casinos themselves. That means that as an owner running a cryptocurrency business, they often value their interests rather than to pay too much in taxes by registering on their own nation. I'm sure, every country has a casino regulation and they strictly impose a huge tax on this business. But the good thing here, physical casinos couldn't escape their country's regulation which will definitely help the economy by the tax. Thus, it could mean that the government has most of the responsibility to use the funds to help fight against covid problems.
Wont be just limited to gambling business alone but in other businesses as well but we know that gambling business does generate millions of revenue which
it is really just worth for them to pay up some tax because we know on how important it is on countries development and other purposes just like now on
where we do hit up by a pandemic so badly where this one compensate to those expense and would really be helpful.It would really just vary on
countries type of government if they are really that truthful into their positions or wont really making any corruption act.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: bitbunnny on November 18, 2020, 09:06:16 PM
We should ask why most of the gambling platforms online especially those who are crypto-based online casinos are registered on Curacao, that is because the regulation of cryptocurrencies there are favorable to the casinos themselves. That means that as an owner running a cryptocurrency business, they often value their interests rather than to pay too much in taxes by registering on their own nation. I'm sure, every country has a casino regulation and they strictly impose a huge tax on this business. But the good thing here, physical casinos couldn't escape their country's regulation which will definitely help the economy by the tax. Thus, it could mean that the government has most of the responsibility to use the funds to help fight against covid problems.
Wont be just limited to gambling business alone but in other businesses as well but we know that gambling business does generate millions of revenue which
it is really just worth for them to pay up some tax because we know on how important it is on countries development and other purposes just like now on
where we do hit up by a pandemic so badly where this one compensate to those expense and would really be helpful.It would really just vary on
countries type of government if they are really that truthful into their positions or wont really making any corruption act.

Maybe gambling industry is very lucrative and like you say we might talk of millions. However, taxation of this industry or taxation in general will not help economies to recover after the covid crisis. The problem is much deeper and there is actually no business who isn't affected so countries need very comprehensive recovery plan and new taxations are not solution. So, I don't believe that gambling industry could help in significant way to fight consequences of covid crisis.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Clement Kaliyar on November 18, 2020, 10:34:55 PM
Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.
What if the casino is virtual and how do you propose on taxing them if they are registered and located in a free heaven. It is impossible for them to tax them, all they can do is impose a complete ban of online gambling and encourage gambling houses to register with the government to get the approval to run the site, you know and everyone knows that it is impossible to come with that kind of restrictions.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: FlightyPouch on November 18, 2020, 11:04:38 PM
Casinos are booming at the time of pandemic so there's no downside for this since it can help people and it's beneficial to the economy also since for now the economic state is not really good and it's good to have a certain outlet where the government can take funds to use to fight the pandemic as well for the other things that needed to take care. And there's nothing wrong with regulation since if the casino is regulated the gamblers can assure that they are safety.

In terms of our country, I think there will be a negative result to this and this will be taken by the people as an insult since they think that our national government is not handling the funds that well. A lot of projects got cancelled is with the current issues and situations our country is facing, people are trying to point it all out that the government are the ones at fault why things are worsening so, yeah, there is that.

Well, the only ones that has been cancelled are those good project that will help the whole country to rise again because of this pandemic, and the ones that continues and has been approved by the Government here in Philippines are those shitty projects that should have been not the priority in the amidst pandemic.

In short, I bet even the taxes they get in the casinos are getting stolen as well by them and they just pretending to spend it to something shitty again but the truth is they are putting it in their bank accounts. Nothing's gonna help if the Government of a certain country is corrupt and very incompetent.

Not just good, it is one of the great projects or plan for the country as it will protect the people and will have a budget for such gruesome situations like what just happened. What I am trying to say here is that if they will be imposing more taxes to gamblers, people will be enraged since they want more taxes while they can't even handle those well. They should just let the gamblers do their donations, because I know a lot of them are willing to do that.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: slapper on November 18, 2020, 11:59:04 PM
Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.
What if the casino is virtual and how do you propose on taxing them if they are registered and located in a free heaven. It is impossible for them to tax them, all they can do is impose a complete ban of online gambling and encourage gambling houses to register with the government to get the approval to run the site, you know and everyone knows that it is impossible to come with that kind of restrictions.
I agree with you. We cant never tax those country. But the government will usually try to ban gambling website from those countries to operate in domestic territory. Look at China. They truy to shut down foreign gambling websites which have a huge number of local users

Tax is obglitory. But if I have a chance, i will try to avoid paying tax. Using my money for some non profit organizations is a better option since they use funds in a transparent way which we can supervise. I cant trust my government much


Title: Re: Online Gambling could be used to pay for covid problems
Post by: iTradeChips on November 19, 2020, 12:22:50 AM
I am not really sure if I could call it regulation but I think our country is already doing it with the POGOs. These are online gambling sites that are being taxed and the taxes are being used for medical benefits for the poor through the government agent PAGCOR. As such is already happening here and possibly elsewhere, I do not see anything wrong with this being implement in Europe and the Americas. Such taxation would be helpful in their respective countries.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ralle14 on November 19, 2020, 07:20:35 AM
It's hard for this online casinos to obey every rules from the government, they might follow some just to continue facilitating if they
have licensures from that specific place.

But nonetheless, they will not follow those rules that may affect their profits. There are illegal gambling around which mostly being
used by the underground gamblers, this place won't be affected or doesn't care to any government laws.
Some online casinos have no choice but to follow the rules even if it's going to cost them their profits since they chose to operate there but not every country have the same rules when it comes to gambling. Overall only a few casinos will be affected by these changes since the majority of online casinos we know are regulated by Curacao and from what I know they're less strict compared to the others.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: shoreno on November 19, 2020, 07:31:37 AM
Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.
What if the casino is virtual and how do you propose on taxing them if they are registered and located in a free heaven. It is impossible for them to tax them, all they can do is impose a complete ban of online gambling and encourage gambling houses to register with the government to get the approval to run the site,
if that is the only way to get rid of the illegal gambling that are happening online , i will support that movement  . not only that we can combat tax evaders but we can also combat those scammers . they will think twice to scam if they are already registered under the government because the efforts that they make on making thier business legal will be wasted and they cant also hide because they already provided thier records right at the start . tax can be a big help now that countries are suffering from the effects of the covid19 .


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ethereumhunter on November 19, 2020, 08:19:03 AM
So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.

Maybe the casino that does not follow the government's rules doesn't have a license, so they don't think that following the rule is necessary. But if that is happening like that, maybe that casino will get something bad from the government because they don't follow the rule. I don't know how online gambling can follow the rule because they are not bound by one country. But I am not sure about that.

What if the casino is virtual and how do you propose on taxing them if they are registered and located in a free heaven. It is impossible for them to tax them, all they can do is impose a complete ban of online gambling and encourage gambling houses to register with the government to get the approval to run the site, you know and everyone knows that it is impossible to come with that kind of restrictions.

I think the online casino will search for the country that does not apply any tax for any online business. If they can get it, they will not have to think about the tax, and they will run their business smoothly. If that so, the government needs to make a regulation related to the online casino so they can still get taxes from the gambling business.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Golftech on November 19, 2020, 08:47:16 AM

if that is the only way to get rid of the illegal gambling that are happening online , i will support that movement  . not only that we can combat tax evaders but we can also combat those scammers . they will think twice to scam if they are already registered under the government because the efforts that they make on making thier business legal will be wasted and they cant also hide because they already provided thier records right at the start . tax can be a big help now that countries are suffering from the effects of the covid19 .

It gives more securities to gamblers who will use the platforms, most gamblers
inspect license from each  sites that they'll visiting wanting to make sure that their
money is safe incase something happened while playing, there's someone who can
help them once they report their case. Gamblers will be much comfortable using the
site and with the license  government have the rights to tax those existing business,
as they  really needed sources  for  rehabilitation of the entire country.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ice098 on November 19, 2020, 01:48:03 PM
So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.

Maybe the casino that does not follow the government's rules doesn't have a license, so they don't think that following the rule is necessary. But if that is happening like that, maybe that casino will get something bad from the government because they don't follow the rule. I don't know how online gambling can follow the rule because they are not bound by one country. But I am not sure about that.

What if the casino is virtual and how do you propose on taxing them if they are registered and located in a free heaven. It is impossible for them to tax them, all they can do is impose a complete ban of online gambling and encourage gambling houses to register with the government to get the approval to run the site, you know and everyone knows that it is impossible to come with that kind of restrictions.

I think the online casino will search for the country that does not apply any tax for any online business. If they can get it, they will not have to think about the tax, and they will run their business smoothly. If that so, the government needs to make a regulation related to the online casino so they can still get taxes from the gambling business.

To be honest applying you casino business for business permit and registration to the government for legal operation would cost a lot for a business owner but having a licensed to operate was its big advantage or its card to compete to other casinos. So definitely once a casino business be it real business or online gambling that doesn't follow the rules of the government were for sure do not have a license to operate.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: TinaK on November 19, 2020, 05:34:18 PM
I think that could be a great idea to implement for normal bettors or players but since we are all in cryptocurrency industry or crypto related enthusiast we won't agree to this since the first reason we used crypto is for our privacy.
In this situation they expect some regulation of gambling, So automatically all the users are comes in the KYC because once government will enter in the market we see the more security. The current situation of COVID problem is comes in the end so we don't need for this in gambling because many whales are not like a regulated gambling and government control of online transaction. Once BTC will globalized in crypto platform we expect many regulations in gaming.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Bitcoin Smith on November 19, 2020, 06:19:00 PM
Yeah it is possible but it need lots of people in the place where it is possible otherwise the people will suffer in this covid situation because everyone will not seen ready to make it fast I think happen in future only.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ethereumhunter on November 20, 2020, 07:09:24 AM
To be honest applying you casino business for business permit and registration to the government for legal operation would cost a lot for a business owner but having a licensed to operate was its big advantage or its card to compete to other casinos. So definitely once a casino business be it real business or online gambling that doesn't follow the rules of the government were for sure do not have a license to operate.

At least, the government can not do something bad to our casino because if some of their officials want to raid and want to ask about the money, we can show them that we have a government license. Maybe the gambling owner already thinks about having a license or still operates their business without a license, and I guess that if they have much budget, they will try to apply for the license to be safe from the corrupt officials.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Kasabus on November 20, 2020, 09:36:57 AM
I think that could be a great idea to implement for normal bettors or players but since we are all in cryptocurrency industry or crypto related enthusiast we won't agree to this since the first reason we used crypto is for our privacy.
This would be more applicable in fiat as casinos as it's easy to regulate it, however, crypto online gambling is also not impossible to regulate so it's up to the government if they will issue license to crypto casinos and let the tax revenue help them recover from crises. As what we've seen, most of the licenses of crypto casinos are coming from few license provider only, what if more countries will allow it, I think it will not only help a country to grow but at the same time it will also help crypto casinos to grow.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: nikola22 on November 20, 2020, 07:53:00 PM
I think that could be a great idea to implement for normal bettors or players but since we are all in cryptocurrency industry or crypto related enthusiast we won't agree to this since the first reason we used crypto is for our privacy.

do you really think this is a great idea? as you understand additional taxes for casinos mean extra fees for common gamblers. almost sure noone here wants to pay additional fees even if they will be headed to covid problems.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: Obito on November 20, 2020, 08:26:04 PM
I think that could be a great idea to implement for normal bettors or players but since we are all in cryptocurrency industry or crypto related enthusiast we won't agree to this since the first reason we used crypto is for our privacy.
do you really think this is a great idea? as you understand additional taxes for casinos mean extra fees for common gamblers. almost sure noone here wants to pay additional fees even if they will be headed to covid problems.
His point is just to secure the privacy of each and everyone and I don't think that he means about agreeing to the additional taxes that may brought my the casinos or some extra fees, and absolutely even though some people or some gamblers has enough money to pay the additional taxes they will still not going to pay for it because at first, who wants to paid some extra fees when you are gambling? you are already putting your money at risk in order for it to grow yet you are paying extra fees for nothing.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: dunfida on November 20, 2020, 08:59:14 PM
I think that could be a great idea to implement for normal bettors or players but since we are all in cryptocurrency industry or crypto related enthusiast we won't agree to this since the first reason we used crypto is for our privacy.

do you really think this is a great idea? as you understand additional taxes for casinos mean extra fees for common gamblers. almost sure noone here wants to pay additional fees even if they will be headed to covid problems.
No one will and casinos wont really be seeing this as a good idea on where they would be charged up tax even more and where it would be heading? For sure it would be on gamblers same as you said.
We are badly beaten out by this pandemic in talks of economy but somehow there are some temporal situations  that can at least held up before we do slapped down to the floor.
This isnt only enclosed to gambling business but also into other businesses as well which should really be obliged to pay up proper taxes.If government decided
 to make it higher then people would just suffer more and thats not really an appealing thing to happen.


Title: Re: Online Gambling could be used to pay for covid problems
Post by: ice098 on November 24, 2020, 02:39:35 PM
I think that could be a great idea to implement for normal bettors or players but since we are all in cryptocurrency industry or crypto related enthusiast we won't agree to this since the first reason we used crypto is for our privacy.
We should always consider the fact that we choose bitcoin and other altcoin because we don't want anyone to invade our privacy or we want to make our each transaction without trace, so this is not a good idea for me. It can only lessen our amount of winning as well , because government will surely take advantage on it and regulate it.


His point is just to secure the privacy of each and everyone and I don't think that he means about agreeing to the additional taxes that may brought my the casinos or some extra fees, and absolutely even though some people or some gamblers has enough money to pay the additional taxes they will still not going to pay for it because at first, who wants to paid some extra fees when you are gambling? you are already putting your money at risk in order for it to grow yet you are paying extra fees for nothing.
Yes but the moment they will allowed it, taxes will be implemented, what will be the difference of cryptocurrency in fiat, if there will be taxes? we chooses bitcoin in gambling, trading and other stuff because we don't want to have a big tax and for our privacy.