Gambling industry is what we have to consider being financial intensive and this is also what determines on the performance of many of the platforms, because when they are financially well to do, they are going to make use of their time well investing on what could make more profitability to them as well as placing them on top rankings because of their affordability to maintain an operating gambling platform to the best expectations.
That's a valid thought, I value well-capitalised companies to those who are still raising funds, the latter could be greedy at some point and the money of their customers will be their first target. Many of the gambling sites that were declared bankrupt or did not operate again for whatever reason must have cheated enough people. Some might at a point believe that they have enough customer money at their disposal and might have disappeared with people's funds. Some might be tempted with that later but some might have had that plan from the beginning. However, they are well-capitalised and reputable and are even regulated, the fear will surely douse.
So many things that we might not even know how to explain them. The gambling industry is really corrupt and the government is not doing something to regulate it to the extent where the bad eggs will be rolled away. People keep complaining about casinos, even the reputable ones will always look for a way to benefit from users. This does not apply to the good ones outside there. When such team have noticed that they have made enough money from gamblers, they could go ahead to build anew casino abandoning or closing the current one to avoid any future sanction from the government.
In fact, for such financial transactions with fictitious bankruptcy of some casino and opening of a new one, for example, in a new jurisdiction, very favorable opportunities for business have been created in the world.
And naturally, the government authorities authorized by the state are well aware of all these schemes of such essentially disguised fraud. However, these actions are possible and not even too complicated, as I think, including due to the fact that in various fictitious free economic zones and their corresponding jurisdictions, there is competition between them to attract different businesses. This, of course, also applies to the gambling industry. It is just that the basis for this is often the super-large profit from this type of activity. And all these jurisdictions, of course, want to have their share of such income. And they have it by presenting the corresponding preferences to businesses.
