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Author Topic: Own casino in your country?  (Read 14506 times)
Fireblade
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November 08, 2016, 06:20:30 PM
 #121

being Mulsim and living in a muslim coountry owning casino is not almost possible, as still there are a number of people who are running casino illegally but still if they caught by the police they will be put in jail.
because a Muslim is supposed to obey what is forbidden by religion. Gambling is one thing that is forbidden for a Muslim, and clearly, those countries that follow the teachings of Islam would imprison people who gamble.
yes gambling is totally forbidden in Islam and that is the reason that gambling is totally forbidden in Islam. but i think gambling is also forbidden in other religion, may be very little religion will allow gambling.
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November 10, 2016, 08:17:54 AM
 #122

being Mulsim and living in a muslim coountry owning casino is not almost possible, as still there are a number of people who are running casino illegally but still if they caught by the police they will be put in jail.
because a Muslim is supposed to obey what is forbidden by religion. Gambling is one thing that is forbidden for a Muslim, and clearly, those countries that follow the teachings of Islam would imprison people who gamble.
yes gambling is totally forbidden in Islam and that is the reason that gambling is totally forbidden in Islam. but i think gambling is also forbidden in other religion, may be very little religion will allow gambling.
if I only knew that it was clear that it was Islam forbids gambling, why banned? because in Islam's holy book (Quran) explained that in gambling that there will definitely be people who are disadvantaged and there are people who benefit. while it is clear that gambling is more to harm. it makes gambling banned
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November 11, 2016, 07:08:04 AM
 #123

Guys, it is impossible to run a gambling business in Muslim countries, indeed. However you can run the business under offshore license – this will let you accept all the main payments methods.
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November 11, 2016, 10:23:24 AM
 #124

Over here, its actually not illegal to own a casino although there are few casinos but the regulations are the killing aspect of it as it is really cumbersome to have something like that. To the best of my knowledge casinos are seen in big hotels and not a standalone establishments which is not even popular maybe because of the orientation of the community to such ventures.
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November 11, 2016, 09:17:27 PM
 #125

In this internet age is there any reason to worry about your own country's laws? That is unless you plan on opening a physical casino. Go offshore and reap the benefits.
Still worthwhile to be mindful of the laws that governs wherever one is domiciled. However it should not be the decider of what you want for your life. It's your life after all and your destiny is in your hands, so if you find your country is the stumbling block to your dreams, don't just throw up your hands in surrender - take to technology or shift base. It is for situations like this, that cryptocurrency is such a welcome relief. Just dare to get well educated, the ideal path will stare you in the face.
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November 12, 2016, 06:15:53 PM
Last edit: December 22, 2016, 02:07:07 PM by Hikol
 #126

I am going to start an online casino soon. It is a whole new field of activity for me, so I have a question regarding licenses. Will the license from http://www.gaminglicensing.com be suitable for me? Do you have some experience with it? I would appreciate any input from you, guys. Thanks in advance!
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November 15, 2016, 05:23:25 AM
 #127

I am going to start an online casino soon. It is a whole new field of activity for me
I hope this is your new activity can benefit yourself and others, and to help channel the people who like to play casino but they are not facilitated by the country.
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November 15, 2016, 05:52:28 AM
 #128

Here in my country we can not own a casino right now because of our new president because they are ban all gambling casino here in my country..
I am planning to start gambling casino online but i am afraid to caught and i think it is better to stay away from them for safety purposes.. And i think i can not start gambling for now since i just few bitcoins here and trying to increase the amount and have a dream to start a business like gambling casino because i saw many business man are making good profit and until now they are still alive like crypto games betking primedice those site are still alive and i think they are making good profit since bitcoin price is not stable it increases also they profit for every price increase..
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November 15, 2016, 01:01:50 PM
 #129

This  thing  really depends  on which  country you do  live and expect there are  lots of  different answers here  because   people do  live in different places. In my country gambling is  banned already which  means its not  possible to  build an  online casino  or even offline  because   if you did it  then  you  put  your self  into  a big trouble.
Building a gambling site is not  a joke  because you will need   huge amount to  start for sure.

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November 26, 2016, 03:56:04 PM
 #130

Nope..
not anything like that..
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November 26, 2016, 06:27:58 PM
 #131

Owning both online and offline casinos are legal and very common here in Panama. You will need proper licensing and there are about $20,000 in annual frees. I do know that there are small brick and mortar gambling establishments here that are unlicensed and unenforced by the police. Even small local bars and restaurants put slot machines in their establishments.

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December 02, 2016, 04:19:56 AM
 #132

In my country it's illegal, even if it gets caught will be dealt with firmly even be jailed. My country is very firm because it includes gambling. But in about 20 years ago my country allow their casinos, but since there is a new regulation, make a the casino is illegal. Perhaps this is due to religious factors.
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December 03, 2016, 08:03:34 AM
 #133

being Mulsim and living in a muslim coountry owning casino is not almost possible, as still there are a number of people who are running casino illegally but still if they caught by the police they will be put in jail.
because a Muslim is supposed to obey what is forbidden by religion. Gambling is one thing that is forbidden for a Muslim, and clearly, those countries that follow the teachings of Islam would imprison people who gamble.
yes gambling is totally forbidden in Islam and that is the reason that gambling is totally forbidden in Islam. but i think gambling is also forbidden in other religion, may be very little religion will allow gambling.
if I only knew that it was clear that it was Islam forbids gambling, why banned? because in Islam's holy book (Quran) explained that in gambling that there will definitely be people who are disadvantaged and there are people who benefit. while it is clear that gambling is more to harm. it makes gambling banned
That thing is correct that in gambling if the players are playing for chasing the money that in that gambling one will be benefited and the other will lose and in that if played in offline casino then there will be hostility created among those people and they will try to harm each other which is morally not good.
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December 03, 2016, 08:00:05 PM
 #134

My country does allow Casinos..
But you need to have 40k$ to invest on your casino.

BTC Casino is the way to go..
They can't do shit.

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December 04, 2016, 10:10:03 AM
 #135

Same in my country Indonesia. gambling is prohibited, even if you have an online gambling site. you could be in jail lol

Omg, they can put you in jail for just having an online gambling site? I though they might impose a fine on you or something like that. I think that's not fair to put someone in jail if he doesn't force anyone to gamble on his site. That's people's choice, they are free to do whatever they want if hurts nobody. I know gambling has a very bad impact on some people, but we don't put in jail the restaurants owners though some people die from overeating.
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April 01, 2018, 02:18:55 PM
 #136

Same in my country Indonesia. gambling is prohibited, even if you have an online gambling site. you could be in jail lol

Omg, they can put you in jail for just having an online gambling site? I though they might impose a fine on you or something like that. I think that's not fair to put someone in jail if he doesn't force anyone to gamble on his site. That's people's choice, they are free to do whatever they want if hurts nobody. I know gambling has a very bad impact on some people, but we don't put in jail the restaurants owners though some people die from overeating.
Gambling is the games that offer the opportunity to win Fiat. If the bets in the casino will take in the cryptocurrency it can be a reason to challenge any accusation. In Europe, there are countries that have the interpretation of bitcoins in the law, but the altcoins remain unregulated.
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April 01, 2018, 04:07:31 PM
 #137

Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?
Its not really that big a deal. I am a bit unable to understand what are you talking about. You want to own a casino or use it? Owning it is obviously too hectic a process you have to make sure that you make profits and your clients and customers too make profit at the very same time which is indeed very difficult while using it is pretty normal. Taxes can be paid normally like any other casual income. You  have to pay taxes on profits but can't take reduction for losses.
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April 01, 2018, 04:22:34 PM
 #138

Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

It depends on territorial and subjective jurisdictio,I mean that In my country this issue is regulated differently in different cities,For example In order to create casino in capital city you are obliged to buy gambling licence which costs 5 or as i remember correctly 4 million $,But If you want to create this business in another city licence costs very less than its in capital city.So its very complex issue and very different in different countries and cities which takes a lot of financial resources and time.
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April 01, 2018, 05:40:33 PM
 #139

Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

It depends on territorial and subjective jurisdictio,I mean that In my country this issue is regulated differently in different cities,For example In order to create casino in capital city you are obliged to buy gambling licence which costs 5 or as i remember correctly 4 million $,But If you want to create this business in another city licence costs very less than its in capital city.So its very complex issue and very different in different countries and cities which takes a lot of financial resources and time.

At least it's allowed in your country. Casino owners make a lot of profit and the expensive taxes they have to pay are useful for the cities development (if there isn't corruption, of course). Capital cities are usually more wealthy and have more activity than in country cities, it means more profit, but more taxes as well. In the end it's still profitable for casino owners.

It's worse when the country totally bans gambling, they don't see its potential, like in my country.
The only institutions that have the right to organize gambling - bingo games are the churches and other institutions that are collecting donations/money, and they don't need to pay any tax. People laudering money uses this method, donating to avoid taxes.

 
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April 01, 2018, 05:57:32 PM
 #140

Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

It depends on territorial and subjective jurisdictio,I mean that In my country this issue is regulated differently in different cities,For example In order to create casino in capital city you are obliged to buy gambling licence which costs 5 or as i remember correctly 4 million $,But If you want to create this business in another city licence costs very less than its in capital city.So its very complex issue and very different in different countries and cities which takes a lot of financial resources and time.

At least it's allowed in your country. Casino owners make a lot of profit and the expensive taxes they have to pay are useful for the cities development (if there isn't corruption, of course). Capital cities are usually more wealthy and have more activity than in country cities, it means more profit, but more taxes as well. In the end it's still profitable for casino owners.

It's worse when the country totally bans gambling, they don't see its potential, like in my country.
The only institutions that have the right to organize gambling - bingo games are the churches and other institutions that are collecting donations/money, and they don't need to pay any tax. People laudering money uses this method, donating to avoid taxes.
But more importantly when the country totally bans gambling,Businessmen and gamblers will do the same bypassing the law.Today we have many historical evidences about this process and I don't understand why countries act like that,May they think that it will be better for people but I think its not a solution,because they can even make strict regulations and limitations for gamblers who cann't give up..Anyway its a very complex issue and needs distinctive and different approach.
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