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Author Topic: What will be the Faith of Casino business owners?  (Read 2789 times)
Oilacris
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October 19, 2019, 01:59:38 PM
 #101

I think if they know if their casino is illegal in their country, they must ready for something like that. In my country, gambling is prohibited and whoever play and caught, go in jail. I think they just need to follow the rules from the country.
Online gambling is not easy to detect by the government, they continue to operate or partners in other country that are allowed to operate gambling businesses usually business minded people knows what to do in scenarios that they are ban. There are tons of gambling sites now. I wonder if its ban in their country too.
yups that's how online gambling operators do for keeping them safe from the laws of the countries that they are living
because gamblers can play thru VPN also to prevent the government interceptions

but i believe this topic is about real Life casino's and that bothers OP,maybe because he is a live player but he has no option if this rules implemented but to play Via Online

Well many casinos know that VPNs can help players from prohibited countries to play but that doesn't mean that players are "safe" because even VPNs can be tracked and if the government wants, it can track it as well! The gambling sites encourage those players to play via VPN but they won't take responsibility if the player gets prosecuted Wink
LOL! Are you serious? gambling sites doesn't encourage for those prohibited countries to play up on the site even they aren't the ones who do such blockage.
but as a player you should know the risk if someone caught you on violating your countries laws.Be prepare on consequences that you would able to face up.
For country that do restricts gambling activity then you wont have any choice but to abide with the rules if you don't like to experience problems.

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October 19, 2019, 02:09:35 PM
 #102

Well many casinos know that VPNs can help players from prohibited countries to play but that doesn't mean that players are "safe" because even VPNs can be tracked and if the government wants, it can track it as well! The gambling sites encourage those players to play via VPN but they won't take responsibility if the player gets prosecuted Wink

Had you guys heard of ToR recent hack? And it has been years that those guys are terrorizing our privacy without a single hint thay they attack us.

Check it out here.
https://www.facebook.com/404460532994922/posts/2509439352497019/

So yeah, even VPN now isn't safe and if you think you defied the site, think twice, maybe it is you who are being defied by hackers.

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maydna
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October 20, 2019, 02:24:43 AM
 #103

Well many casinos know that VPNs can help players from prohibited countries to play but that doesn't mean that players are "safe" because even VPNs can be tracked and if the government wants, it can track it as well! The gambling sites encourage those players to play via VPN but they won't take responsibility if the player gets prosecuted Wink

At least, if we want to use a VPN, we need to make sure to use only a recommended VPN and tried to be their Premium Members. By being the Premium Members, we have many options of IP that we can use to hide our IP. I think that will not make the government suspicious, especially if we don't use big money to gamble. And perhaps, the ISP provider will not track our activity too. As long as we know how to use a VPN properly, then that will be no problem for us.

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October 20, 2019, 04:09:21 PM
 #104

We are talking about a world that has found its legal ways no matter where they went, they are doing business with a place called curacao or whatever that I have never heard before until I started gambling, which means no matter what type of ban they will try to do eventually there will be online casinos. Maybe it will be illegal to play on online casinos, maybe it will be illegal to have online casinos but there will be people who break those rules and still gamble no matter what.

Hence, there is no way to stop gambling, hell even right now there are thousands of people illegally gambling from countries that's illegal, so that won't change if it becomes illegal for everyone. Sure there will be less people gambling but there will still be some people.

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TheCoinGrabber
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October 20, 2019, 04:17:02 PM
 #105

That these casinos survived in a Muslim-majority country was actually a miracle. Well, they had a good run, it's expected that it's illegal based on Islamic law and that eventually someone would implement the law.

Maybe Bangladesh can keep the casinos solely for tourists though I don't really see Bangladesh as a tourist destination unlike Malaysia and Indonesia that allows foreign nationals to gamble in their country. Existing casino operators can probably just move their businesses online (which could still be illegal depending on how the law is worded) or worst case scenario, they'll have to move operations outside Bangladesh.
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October 21, 2019, 07:10:02 AM
 #106

Moreover, gambling is not something that needs to be hidden. It is not a threat to anyone’s life for sure

That depends on your particular circumstances

More specifically, I'm not sure that you would like to be open and upfront about your gaming (gambling) activities if you happened to live in Saudi Arabia, North Korea, or Iran (not sure about Iran, though). But even if you are lucky to live in a more "democratic" country, you should still be cautious and careful about telling the world about what you do as it could raise certain questions from, say, tax authorities as to the source of your income (even if gambling itself is not prohibited)

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October 21, 2019, 06:12:46 PM
 #107

Although the government proposed a law about banning casino it will never stop because casino is also a group of companies or industry as casinos are paying their taxes to the government their will be no reason that it will banned. Casino is a business so when the government ban it then probably they will lose the tax of those casino business, it is all just based on money if the government controls it then they will not close those casinos. So the casino business owners will still continue to operate casino so their would be a proper place we can bet our own money.
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October 21, 2019, 07:02:59 PM
 #108

Although the government proposed a law about banning casino it will never stop because casino is also a group of companies or industry as casinos are paying their taxes to the government their will be no reason that it will banned. Casino is a business so when the government ban it then probably they will lose the tax of those casino business, it is all just based on money if the government controls it then they will not close those casinos. So the casino business owners will still continue to operate casino so their would be a proper place we can bet our own money.
No, you are wrong. Once the government implements a law that to fully stops of operation in all gambling casino it should be implemented.
Unlike if you are in an online gambling casino and using bitcoin as a fund to deposit you can bypass the internet via VPN. But if in my place banning gambling I prefer to obey the law than opposing them because once you have been caught and you put in jail it's useless. This is sad if you are in country that prohibits gambling.

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October 22, 2019, 10:40:52 AM
 #109

If the propose Public Amendment of Gambling Law to BAN Casino come to pass what then will be faith of those who are benefiting from casino business related activities https://dailyasianage.com/news/199020/amendment-to-gambling-law-to-ban-casino

I am pretty sure that they are not just relying on the casino's that they have. Casinos are very big business that provides very huge profits to them. Whenever in case they need to let go of the business, they have assets to control and make profits. So far, cryptocurrency betting platforms seems very safe from regulations that might lead them to shut their business down.
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October 22, 2019, 11:38:52 AM
 #110

It's a country to country basis, our casino here is being run by the government to sustain infrastructure project, and Muslim are only a minority here, so I don't see our government following other country's lead of banning casino, our government will not and cannot kill a goose a golden egg, we need funding because we are a growing and developing country.

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October 23, 2019, 11:20:05 AM
 #111

If the propose Public Amendment of Gambling Law to BAN Casino come to pass what then will be faith of those who are benefiting from casino business related activities https://dailyasianage.com/news/199020/amendment-to-gambling-law-to-ban-casino

I am pretty sure that they are not just relying on the casino's that they have. Casinos are very big business that provides very huge profits to them. Whenever in case they need to let go of the business, they have assets to control and make profits. So far, cryptocurrency betting platforms seems very safe from regulations that might lead them to shut their business down.
Casino is their business and they earn huge amount of profit from it. Casino owner always try to make his casino famous among all gamblers so they will join and be part of them. Casino owner always think about profit for this they introduce new techniques of gaming and betting, i think for crypto betting people gets more safety alliances.
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October 23, 2019, 01:33:56 PM
 #112

It's a country to country basis, our casino here is being run by the government to sustain infrastructure project, and Muslim are only a minority here, so I don't see our government following other country's lead of banning casino, our government will not and cannot kill a goose a golden egg, we need funding because we are a growing and developing country.
That’s what a good government must do,just like the saying “If you can’t Hit them,Join them” we all knew how hard to stop gambling because this has been rooted from generations to generations so if you stop this you also stopped the traditions
Then why not just let them operate but following rules and paying big taxes so the economy and people will benefits

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October 23, 2019, 06:44:43 PM
 #113

Moreover, gambling is not something that needs to be hidden. It is not a threat to anyone’s life for sure

That depends on your particular circumstances

More specifically, I'm not sure that you would like to be open and upfront about your gaming (gambling) activities if you happened to live in Saudi Arabia, North Korea, or Iran (not sure about Iran, though). But even if you are lucky to live in a more "democratic" country, you should still be cautious and careful about telling the world about what you do as it could raise certain questions from, say, tax authorities as to the source of your income (even if gambling itself is not prohibited)
It is very difficult to imagine when some dangers of a gambler lie in wait.  Of course, I am also sure that everything depends on the country in which the person is engaged in his activities and the more democratic the country, the easier the process is.  Of course, even in the United States of America there are very strict laws on the internal regulation of gambling, as well as on taxation, but how will a gambler, for example in Las Vegas, in the city of a casino, be controlled by the tax authorities regarding the source of income?  A person enters a casino, loses or wins money and leaves.
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October 23, 2019, 07:21:02 PM
 #114

The article seems to be talking about a specific country. Laws of a country is only applicable for the country. They won't be applied world wide! So, the ban of casino in that country means it has been banned over there. Not through out the whole world. Even the citizen of that country can gamble in some other country.
The ban won't effect anyone other than the people of that country. So there is nothing to worry about.

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October 23, 2019, 10:02:44 PM
 #115

It's a country to country basis, our casino here is being run by the government to sustain infrastructure project, and Muslim are only a minority here, so I don't see our government following other country's lead of banning casino, our government will not and cannot kill a goose a golden egg, we need funding because we are a growing and developing country.
That’s what a good government must do,just like the saying “If you can’t Hit them,Join them” we all knew how hard to stop gambling because this has been rooted from generations to generations so if you stop this you also stopped the traditions
Then why not just let them operate but following rules and paying big taxes so the economy and people will benefits
Just like what he said, rules like that is a country to country basis and the other countries can't do anything about it. There are people who are going to decide whether they have to continue or not.

And also if a casino is making a big difference in the country, why would their government have to close it. It's like throwing your own food even though you are hungry.

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October 24, 2019, 09:40:00 AM
 #116

If the propose Public Amendment of Gambling Law to BAN Casino come to pass what then will be faith of those who are benefiting from casino business related activities https://dailyasianage.com/news/199020/amendment-to-gambling-law-to-ban-casino
There is no way that the casinos will be stop because if casino is not legal then those casinos that are operating in a underground must be stop and stop to operate but if the casino are legal and paying taxes then there would be no any reason that the casinos may stop on operating.  It would also be good if the casino owners are operating Business only so that would be not be able to stop nor ban casino. Having a business of casino not necessarily to stop because the owners are just building their businesses.



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October 24, 2019, 12:10:17 PM
 #117

Moreover, gambling is not something that needs to be hidden. It is not a threat to anyone’s life for sure

That depends on your particular circumstances

More specifically, I'm not sure that you would like to be open and upfront about your gaming (gambling) activities if you happened to live in Saudi Arabia, North Korea, or Iran (not sure about Iran, though). But even if you are lucky to live in a more "democratic" country, you should still be cautious and careful about telling the world about what you do as it could raise certain questions from, say, tax authorities as to the source of your income (even if gambling itself is not prohibited)
It is very difficult to imagine when some dangers of a gambler lie in wait.  Of course, I am also sure that everything depends on the country in which the person is engaged in his activities and the more democratic the country, the easier the process is.  Of course, even in the United States of America there are very strict laws on the internal regulation of gambling, as well as on taxation, but how will a gambler, for example in Las Vegas, in the city of a casino, be controlled by the tax authorities regarding the source of income?  A person enters a casino, loses or wins money and leaves

Actually, that can be done very easily

You just need to look at it from a different angle. Since Las Vegas casinos are all heavily regulated, they have to conform to the rules so that their money flows can be monitored at all times. In this way, you gamble away a certain amount of cash (you don't even need to lose it, just to stake it), and then they can look through your stakes and compare them with the numbers in your income tax form (declaration). So if there are any discrepancies between the amounts you spend gambling and your declared income, that will instantly set off alarm bells as to the source of all that money you blow on girls, drugs, alcohol and what not in Las Vegas

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October 24, 2019, 02:29:38 PM
 #118

Casino is their business and they earn huge amount of profit from it. Casino owner always try to make his casino famous among all gamblers so they will join and be part of them. Casino owner always think about profit for this they introduce new techniques of gaming and betting, i think for crypto betting people gets more safety alliances.
I don't think you are completely right on this, there are a lot of casino owners that do not completely depend on their casinos as their only source of livelihood. Casino business is a profitable business quite alright but every business person always has an alternative source just in case something bad happens to one which is not what they wish or even pray for.

I am completely sure that the majority of gambling operators we have would just move on with their lives if anything or law happens that goes completely against gambling operation. They might feel depressed at the earlier stage but it will definitely not mean the end of life for them.
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October 24, 2019, 03:12:36 PM
 #119

It's Bangladesh, what were they expecting. It'll be better for them to start wrapping up operations before all the arrest intensify. Either they start laundering that money into more acceptable businesses or they move operations online. Operating a physical casino would become risky. They also can't lobby for regulation since it's an Islamic country.

They've had their fun, now time to move on. Better exit while they still can. Grin
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October 24, 2019, 07:30:10 PM
 #120

Casino is their business and they earn huge amount of profit from it. Casino owner always try to make his casino famous among all gamblers so they will join and be part of them. Casino owner always think about profit for this they introduce new techniques of gaming and betting, i think for crypto betting people gets more safety alliances.
I don't think you are completely right on this, there are a lot of casino owners that do not completely depend on their casinos as their only source of livelihood. Casino business is a profitable business quite alright but every business person always has an alternative source just in case something bad happens to one which is not what they wish or even pray for

It has more to do with a business or entrepreneurial mentality

So it is not so much about looking for another source of income (though it can be construed in such a way since any successful business brings in dough) as about realizing this or that interesting project. If you are one of them, after you bootstrap one project and make sure it can run without you constantly sticking around (so-called micromanagement), you will soon start looking in a different direction, for something new and refreshing

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