Bitcoin Forum

idk, why none of the bitcoin casino starts to have charitable action?
casino profits for sure, and they can profit majorly; casinos are too greedy that just use those dollars they earned to upgrade their stuff while there are still major amount of funds avaliable.

rather than taking all of the profit, why not to donate some of the fund to poverty? if we take some of the profit to the charity fund, then more children in Africa(or whatsoever) will be terminated from poverty and start developing their country.

idea: take 5% of the net profit to the charity like Medecins Sans Frontieres.

let's be responsible to what our world is; if we are not responsible to our earth, then we don't deserve to get served by the earth. too subjective.
have your say.

this suggestion is intellectual property of "lottery248".

is there any problem if they dont want to donate to it anyone? we cant force anyone to do whatever we like. they can donate if they want. if a casino make a profit, is it a big deal for you?

nope, but so-called leftovers will probably be gone to elsewhere.
their profit is too much that even they make the site better, unneeded funds are avaliable.
i am not here to argue, so let's not to debate fiercely.

even they have billions of dollars of unneeded funds, "should donate funds to charity" isnt right for that as they have no obligation in doing it. well, its their free will if they want to donate then its good but if not then its ok :)

The idea is good but most of them wont do it, they would have done it by now if they wanted. How many billionaires actually donate to charities? Not too many, there are a few that donate a lot but there are others that donate absolutly nothing and they have billions of dollars.

How do you know they don't donate already?

Most people prefer to donate fiat than BTC because they get tax rebates but just because they don't beat their drums and tell everybody that "Hey- I just donated this much money", does not mean that they don't, they don't need to tell anybody whether they donate or not. It's their money, they work hard to earn it (Yeah, running a Casino online/offline is not easy) and it's up to them what they decide to do with it imho.

There is no difference between casino (gambling) and other service industry. There is no request for filming, cinema, and club, to donate their earnings.
Gambling industry  provides job opportunities to the society, they already pay large amount of tax and contribute to  whole society.
We do not have the rights to ask them to donate funds to charity. The government should use the tax from gambling industry properly.

Well that's debatible, online bitcoin casinos are mostly not regulated and they do not pay taxes. They are online which means they dont really provide many job opportunities either and you can argue that casinos ruin some people's life so you should reconsider your point.

We can all take an initiative to only bet on the casinos who pay some amount to charities .We can cross verify from the NGO'S whether they'e receiving their monthly payments.We should start a new rule atleast for bitcoins accepting casinos for every casino to be able to advertise or allow bitcoins based gambling should have a donation policy.

The idea is the same though. Take those online clothing stores that ship internationally - most of them avoid the tax of the country being imported into, don't have a storefront (therefore less job opportunities) - and no one expects them to donate to charity. I feel like we associate gambling we something be a problem of society and we're thinking we can use it to instead fix the world by donating to charity. Honestly, I can't really see a justifiable reason why casino's specifically should donate to charity - it's either an all or nothing argument (and a pretty pointless argument anyway considering you'd never convince companies nor would you be able to legally compel them anyway).

Donating is a personal choice. No one has that obligation to donate but it is important to donate. But you should not be biased. it seems you only want casinos to donate, what about other businesses, billionaires and industries? you also dont have prove that they dont donate, Improving their casinos does not mean that they usually use all the funds. Thanks

Your kind idea is good if implemented. But you cannot claim these idea is your's intellectual property.  :D
Many people have this idea in their mind, but because they do not run casino, and they are also do not know the online/offline casino owner, they just thing it would be nice if some rich people can help the other "needed help people".
And at the end their just make themselves richer so someday they can implement this idea self. (and not from casino or gambling, you can be more richer out from gambling, because gambling is just for entertainment).

Well and basically any big company that uses kids in china or other countries to make the materials for them because they can pay them 1000% less than what they would have to pay in US or other country. We have to agree that a lot of big companies are actually not helping anyone but themselves and sometimes they do more wrong than right.

There is never any unneeded funds. Any leftover profit or extra profit will always be the money to run the site. They need every btc because you never know that someone could win huge the next day. Also gambling is a business, business hates charity

I agree with you and many off line casinos are giving to charity bodies already since many years ( I know at least for the the last 50 years)

let me give you a nice example I experienced 2 days ago. please check this posting
https://bitcointalk.org/index.php?topic=1020726.msg12954585#msg12954585 (https://bitcointalk.org/index.php?topic=1020726.msg12954585#msg12954585)

guess how many wanted to participate for free and have a chance to win for a charity of their choice?

we had the idea to sponsor in each contest one player who wants to play and win for a charity of their choice

as no one was interested to participate it looks right now as it is a bad idea. but we are still thinking that it is a god idea also for other gaming sites if they offer any kind of contest

I think you are missing the highlights here. Not a charity to a gambler like what you did, and its more of promotions not a charity,  but a charity to a social awareness like the red cross or donate some to help children in africa against poverty

well this may be great but you can't force any company or site to donate cause it's personal thing , also maybe they are donating and we don't know
several sites donated to Nepal months ago , so sometimes you can find sites donating money but it's not a rule
as I said it's personal , in my opinion governments who should take care of charities , gambling sites should satisfy their customers with promotions and bounties

it looks you misunderstood something. the winner has to send the prize to a charity of his choice. if he likes to give to children he will give it to the children in Africa or somewhere else and if he likes to give it to old people in China or somewhere else he can do it. he needs to send the prize to a charity body. what is wrong with this if we sponsor this it is a free chance for anyone who likes to give coins to a charity

thank you

This is a common thing for state and national lotteries who are set-up to donate a very large portion of profits to charities and good causes

But why don't use donate directly to the charity of your choice and bypass the casino/3rd party?

What if we just stopped playing at casinos which don't pay monthly donations ? If we can form a rule and abide by it we can surely change it.This has nothing to do with religious people but helping the needy.

So what about those who jackpot by doing gambling but never give some percentage to charity as donation i think that is their personal matter we don't have to interfere in it.

Casino's are free to do whatever they like with their earnings. You can't force anybody to give to charity, it's not your place to try & guilt trick casino's OP.

Casino's are in the entertainemnt business basically.  People get caught up with thinking thet can beat the games long term but just doesnt happen.  I dont see any reasons why casino's should give back to charity anymore so than other entertainment business.

He is not forcing them to give the profit to the charity but this is more about discussion wether they should donate some of their profit or not. Read the OP, he said it is a suggestion of his

I believe that we all should donate, if everyone donated 1% of their money right now we would solve almost every problem related to money, including hunger, of course it would help medical research aswell and other scientific researches. Unfortunately people dont do that, big companies dont usually do that and normal people dont usually do that either so there is not too much we can do expect to donate instead of asking others to do so.

It might be a nice gesture on the part of casinos, sure. But there may also be charities that won't want anything to do with money donated to them by a casino for PR reasons, especially if that casino is a known disreputable one. IDK, this is just a guess on my part.

if you're so worried about the state of the worlds poverty then why aren't you giving to charity instead of gambling? You cant try to hold casinos responsible for a cause that you obviously dont support yourself

How many people win jackpots in a month ? Like 2 of them ? How much does a casino earn in a month ? Maybe 10*the jackpot of what is given to the winners.The guy before winning a jackpot would have lost a lot of money already to the casinos and hence its again duty of the casinos to organize some payments as donations to charity.This is totally our matter and we can interfere in it as without us the casino are not going to earn themselves.

U people are under the impression this industry is a huge money maker. Here's a news flash it's not..... there are more sites than players welcome to reality compared to simple business like e-cigg vapor shops casino profits are laughable.

Its a nice idea, but they can say that bigger winners have to donate also. If you win the jackpot a 10 % will go to charity actions (10 % as an example).
I think could be better if they can have one day with special deals with charity, this day x % will be donated to charity, with these movement, they have more publicity and could have more players this special day.

they could do it easily as they have a lot of money though i doubt its possible as casinos will not want to give money for free

Charities need to put up their own casino instead to make money for their programs and such instead of waiting for a big time casino to give them donation. lol

i dont think so, the owners put in some hard work usually in creating these games so they earn money for their work and its their decision to either donate or not

Why should we stop playing there? I guess by making some donation they already make some charity already and what I know about real life gambling they sometimes give rooms for players that play high bet and even plane ticket to go there for gambling. And why should they give monthly donations too? That is not their obligation

There are too few charities that accept charity in bitcoin. Bitcoin100 had already taken up the issue of making charities accept bitcoin and they were giving $1000 in btc to a charity that accepted bitcoin. I don't think that the gambling sites are at fault here, charities seem to be less interested in taking money.
Read here : http://www.coindesk.com/bitcoin100s-dilemma-too-many-bitcoins-not-enough-charity/

It cant be helped because there are only small amounts of people that know bitcoin so the number of charities that accept it will be significant very less as well. Its not a popular thing for some small country as well

Programs like bitcoin100 have very well thrown bitcoin into the limelight amongst the charities. I myself am acquainted with many people who are currently running some popular charities and when I told then about accepting donations in Bitcoin, the declined it. Some say that bitcoin ain't in the good books, others say that the government will start to interfere in it.

I will donate bitcion only for the purpose of promoting bitcoin and for the goodness of the charity. If a charity does not accept a bitcoin because bitcoin are not in the good books, I will not donate the bitcoin and neither the fiat. It is their loss. I put my bitcoin into other good uses.

well you already said it, casinos were too greedy, i doubt they will agree donating on charities :D anyways i agree that they sbould donate some of their profit to charity, it will be a very big help but AFAIK there are charities that refuses money from gambling.

My opinion is that charity organizations are just big scammers. When I see their charity dinner, and big evenings with people dressed in new and very expensive things I get sick. So I would not suggest anyone to give money to them. If u wish to help do it individually and with some knowledge about person u helping. And when u are so big fighter for human rights let all armies and governments in world donate something. They are guilty for most of bad things in this world.

In my Country, Casinos that are run by the Government sets aside a substantial amount of money to charity specially charity institutions that is also run by the Government, not only charity but also building and rebuilding Churches that are included or known as historical site.

It is nothing wrong with donations as long as we know exactly where that charity money go. But Casinos are not charity organisations.
They are private companies and it is totally up to owner of said casino if he want to donate anything from his profit to charity or not.

We're speaking of online bitcoin accepting casino's here if I'am not wrong.Does your government runs these as well? If yes I would like to re-locate to your country. ;D

Should? Yeah, they should, but so what? You cannot control what the others think and what the others do.
Every corporation and every person should care about the poor and help them. Every person should do good stuff and should commit no crime. The world should be peaceful and there should be no war, no terrorism, no discrimination, no abuse, etc. From what I see, we don't have any of the above happening.

I dont think its a good idea because casinos have their own money and they can spend it wherever they want

Yes but if we do nothing we are not helping, at least he is giving an idea and maybe some casino owners see it and agree with it. Not everyone thinks about donating all the time so a little reminder is never harmful

I heard some charity staff travel in first class air plane seat, stay in 5 start hotel. I do not travel like that and try to save every penny in economy class and non 5 star hotels. Some executives are paid hundreds of thousands dollars per year, I do not get paid that high. Why should I pay for their high living standard?

this you are telling because you have seen the high profile charity organisation, which are operated by big bullies to convert their black money. their are so many small charity organisation who are really doing works and who genuinely need help. dont see big names try to do nearby you like if you see poor feed him, like this you can feel happy when you do charity this way. and this goes genuinely to the needy

I think that this is a great idea, but it should be properly done, making sure the funds arrive where they have to, also because the company really wants to do it, not just for money laundering. I also think that there is a lot of money on btc and casinos enough to stop thousands of people from suffering hunger.

You are right in saying some smaller charities doing some practical things to help people. I would like to donate to them if the money is spent frugally. But there are also many small charities were set up to swindle  people's money. There are news about this kind of scandals every months. The problem is to find the right charity.

in this world not everything is perfect, we have to pick the perfect one. you can see nearby any charity organisation, go directly and feed them in your presence. in India we use to go to direct charity place and feed them with our hand, like morning tiffin or afternoon meal , before itself we book it, they make it ready everything and we go on that time and feed them with our hand like this you get satisfaction and you can see that where your money has gone.

I absolutely agree! All Casinos should have to donate a certain quantity to charity per year. This should be law! Governments should try to implement this rule instead of being unfriendly towards casinos

Casino is a business like any other. We can not force anyone to pay money for charity. It should be voluntary payment.

Do you know for sure that these casinos aren't donating to charity?

The "extra" or "left over" as you call it is the profit and it goes to the owners of the business. It's VERY possible that these owners are doing go things in their community - charitable contributions to large, known organizations or to help individuals in their community.

I think you're making a huge assumption that may not be true. Also, I think it's a GREAT IDEA for companies to announce that they're giving x% or BTCxxx away annually to some cause they are passionate about. It also helps bring in business because some people want to spend their money with those companies.

The bottom line is that business provide a good or service to generate a profit for their owners. Ideally they do good service for their customers and community. You should "vote with your wallet" and do more business with companies that you know give back to their communities. Reward them for their generosity!

I think they will because it is like doing some promotion to others to keep on playing at their site and the money will going to charity like they usually said but in the end people are not believing it, may be some big whale do this kind of thing to support both side casino and charities. I dont think they will refuse that big money to support their people there

I don't know about online casinos like Bitcoin casinos. But I know that the casinos in Vegas, they donate millions of dollars every year to Charities.

They also get tax breakes as a result of doing so.

They do whatever they want with their money, like you do whatever you want with yours. You cannot force them. Some might do it, like some people might do it.

I think its ok for them to do some charity from player there because they just hold some huge fund to anticipate people with big winning so they can pay them so to think that they spend it I dont think they will do that

Casino is just a business and them donating to charity is completely up to them. I used to donate some time ago but after i learned how the donation funds are treated and how the money is really spent made me completely change my perspective on the whole donating scheme. It is so hard to find a aid program that actually goes towards the needy without organisations taking away the vast majority. That is the real problem.