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Author Topic: Government Owned Online Casinos What Do You Think Of Its Potential  (Read 1151 times)
Fatunad
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August 17, 2022, 08:53:26 PM
 #181

Unfortunately, that is really the sad reality in the world we live in because there is only few public officials who were really honest during their term especially if they were exposed to this kind of industries that will make them instant reach if they want but they chose not to. But mostly, as you said, there are more corrupt officials than the good ones and many officials have already been proven guilty and been jailed for it.

Honestly, it's much better for a country not to run any gambling business that their own government officials will man it because that will just result to an unwanted situations. It's still much better to just reap the fruits year from the revenues generated by these private gambling businesses.

Therefore, the share of the state should be reduced to a minimum wherever possible. We can't have private courts or police (although some functions like security can be performed by private firms) but I don't see any reason why we should involve the state in running the casino business. A lot of individuals and organizations are ready to do this, compete with each other and provide the best service - why break this working system? After all, in the end we will get the worst product with a corrupt official. It's just not wise.

Always have that effect when government take the ownership, corruptions is not a question but a reality that will take place,

I see your point and that is right, there are many private business owners who can cater this business allow them to own and compete

with each other will guarantee a good amount of taxes. Just be keen in collecting all the taxes from those businesses instead of having one.


It would really be that no sense if government would really be creating one.Just to have that main question on who would be the one to make use of revenue of the casino owned by the government?
Where they do get those capital or funding from? Also to taxes? It would really be just no sense on creating one thats why government wouldnt really be that mindful on running one.
Certain individuals or business owners are the ones will really be having consideration on running online casinos or physical ones as long they are paying correct or exact taxes
then it wont really be creating problems in regarding on that matter.

R


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August 17, 2022, 09:19:43 PM
 #182

Always have that effect when government take the ownership, corruptions is not a question but a reality that will take place,

I see your point and that is right, there are many private business owners who can cater this business allow them to own and compete

with each other will guarantee a good amount of taxes. Just be keen in collecting all the taxes from those businesses instead of having one.
this is caused by several elements/mafia rulers who have scope in government. corruption is bound to happen and the mafia in the government do this because they can do whatever they want for example money laundering or corruption. Government-owned casinos are the thing that triggers big problems that occur in the sphere of government. In conclusion, it is better for the government not to operate casinos in their country, it is better for them to take care of the welfare of the people than to focus on gambling which will have a bad impact on the country. Let the private parties operate the casinos because they focus more on what they manage than the casinos that are run by the government.

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August 18, 2022, 04:20:15 PM
 #183

Unfortunately, that is really the sad reality in the world we live in because there is only few public officials who were really honest during their term especially if they were exposed to this kind of industries that will make them instant reach if they want but they chose not to. But mostly, as you said, there are more corrupt officials than the good ones and many officials have already been proven guilty and been jailed for it.

Honestly, it's much better for a country not to run any gambling business that their own government officials will man it because that will just result to an unwanted situations. It's still much better to just reap the fruits year from the revenues generated by these private gambling businesses.

Therefore, the share of the state should be reduced to a minimum wherever possible. We can't have private courts or police (although some functions like security can be performed by private firms) but I don't see any reason why we should involve the state in running the casino business. A lot of individuals and organizations are ready to do this, compete with each other and provide the best service - why break this working system? After all, in the end we will get the worst product with a corrupt official. It's just not wise.

That's right and it's a total waste of resources because putting a government official to oversee the gambling business of the government will mean that they will have to pay the salary of that official monthly even though that specific official is already earning much more he could earn annually in just a mere month. Just let the private businessmen do this kind of business because the revenues generated by these industries will be much more enough to help the economy.

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