fortunecrypto
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October 15, 2019, 02:53:58 AM |
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I don't think it will be embraced by every country, it is for Bangladesh only so this law applies to that country, and I don't think many countries will agree to do that, many countries rely on gambling revenue, to augment their budget, they are not going to kill their cash cow, so this law will have no effect whatsoever, this topic should not be in gambling but on local Bangladesh board.
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peter0425
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October 15, 2019, 04:27:28 AM |
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Lol don’t bring to the world the problem of your country about gambling regulation because this issue is inside your government and must be discussed in your local section(Oops while checking there’s no section fo Bangladeshi,sorry fo that mate) But even thy banned the gambling businesses in your country still you can play via VPN so nothing to worry about,not unless you prefer playing in live then that’s really a problem
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Ailmand
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October 15, 2019, 04:36:33 AM |
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This article does not cover the overall casino gambling business worldwide and it is only related to the Muslim country Bangladesh. Gambling is already prohibited in that area and government wants to shut down the illegal running casinos. Article 18(2) of the Constitution of Bangladesh says, "The State shall adopt effective measures to prevent prostitution and gambling."Therefore, gambling is a illegal act but not business. Besides, Sections 3, 4, 13 of the Public Gambling Act, 1867, define gambling as a criminal and punishable offence. Muslim is a really tight religion, especially when it comes to gambling. I wonder how big/small is the number of Muslim countries or people enggage in gambling/casino business. If the number is just too small I think the impact will not be that big. Gambling business is a huge business and it could be really profitable since most people like gambling due to the fact it had become part of our custom. This will greatly affect people from Bangladesh who enggages in gambling, they will have to abide to their law or they will face legal consequences.
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Strongkored
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October 15, 2019, 06:19:32 AM |
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This could change in future because legislator will change and new legislator there is a possibility have different perspective from the previous legislator, and athe legislators will definetely see the changing times and make new regulation.
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Reatim
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October 15, 2019, 11:55:58 AM |
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If you are a live casino player then you must be concern about this because this regulation is for your country only (Bangladesh] because this may result for banning and stooping of all gambling operation in that country But if you are playing crypto gambling then you don’t have to worry because there are many ways to continue playing without government interruptions.surely you’ll enjoy the game but only online and without interaction with other people This could change in future because legislator will change and new legislator there is a possibility have different perspective from the previous legislator, and athe legislators will definetely see the changing times and make new regulation.
So how many times did you mentioned the word “Legislator”? Lol funny This will surely change the legislations because that’s a government rules and everyone must obey for whatever reason they may have
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swogerino
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October 15, 2019, 01:28:42 PM |
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This is easy the casinos need to migrate their servers to the “cloud” in a country where gambling is permitted and no one cares if you gamble or not or if you are a casino owner or not as long as you pay all the taxes required to hold your servers there.Many people will still have access through Vpn and other technologies.
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DoublerHunter
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October 15, 2019, 02:01:54 PM |
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This is easy the casinos need to migrate their servers to the “cloud” in a country where gambling is permitted and no one cares if you gamble or not or if you are a casino owner or not as long as you pay all the taxes required to hold your servers there.Many people will still have access through Vpn and other technologies.
^ If that is an online casino, but for me, I won't bypass the rules and the law by the government if I am the owner just to operate a gambling site. If you want to pursue your gambling business, the best option is to migrate to another country. Well, in the case of Bangladesh country they banning gambling because that is against their belief because 90% of people in Bangladesh are Islam and the rest is Hinduism and etc.
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swogerino
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October 16, 2019, 06:06:47 AM |
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This is easy the casinos need to migrate their servers to the “cloud” in a country where gambling is permitted and no one cares if you gamble or not or if you are a casino owner or not as long as you pay all the taxes required to hold your servers there.Many people will still have access through Vpn and other technologies.
^ If that is an online casino, but for me, I won't bypass the rules and the law by the government if I am the owner just to operate a gambling site. If you want to pursue your gambling business, the best option is to migrate to another country. Well, in the case of Bangladesh country they banning gambling because that is against their belief because 90% of people in Bangladesh are Islam and the rest is Hinduism and etc. I know a bit about Islam because I work often in the Balkans and Bosnia,Kosovo and Albania are all with Islamic majority but gambling isn’t banned online in these countries while they have banned it locally in order to remove young people from playing.Religion is not an obstacle in these countries as the government is not religious.In countries like Bangladesh is another thing where you risk big penalties if caught gambling and I can understand that.
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LogitechMouse
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DAKE.GG - CASINO AND SLOTS | UP TO 230% BONUS
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October 16, 2019, 06:42:08 AM |
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Lawa won't stop a gambler to gamble. He or She will find option to gamble. Yes, religion does prohibits individual to gamble but, gambling is a religion for gambler 😄
I have friends from muslim countries who have been gambling sceretly online .
If you really want to gamble then you will do anything.. I mean ANYTHING!!!!!!!! just to gamble - in short, your friends are addicted into gambling already. We can't blame them since they are just normal people and people do mistakes ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) but if they will be caught then they will receive severe punishments for sure.
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supto005
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October 16, 2019, 10:08:10 AM |
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I also saw the news when this happened. This is only for Bangladesh. There are no offline casinos in Bangladesh. Even though an offline casino was developed, the government has banned it. The government has set up and banned online casino websites but they still play with VPN.
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imstillthebest
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October 16, 2019, 01:25:13 PM |
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i dont believe that all types/kinds of casinos will be banned . we are now on the year 2019 , we are now on the future but there are still casinos alive .
those who banned are only illegal but legal ones are still remain and possibly will remain forever even if the trend now was on crypto and crypto gambling online . there will still be players that prefer live casinos offline and the ones that dont know how to use the latest technology
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GatotKaca
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October 16, 2019, 01:47:30 PM |
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gambling is not just on the casino site, there are still many others that can still be accessed and used. it's hard to accept things that we already like will just disappear, but as a gambler will not rely on just one site. surely gamblers also play in casinos.
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Chrystora123
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October 16, 2019, 02:25:35 PM |
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snip...
This article does not cover the overall casino gambling business worldwide and it is only related to the Muslim country Bangladesh. Gambling is already prohibited in that area and government wants to shut down the illegal running casinos. I think the OP intends to offend this on a broad scale, and the article which offends Bangladesh is just an example. Maybe in that country, people will not see a casino again because gambling will be prohibited in that country. People will use a VPN to hide their real IP because, at that time, people can not go to the real casino. But I don't think that the government can prohibit gambling easily because some gambling owners will use different approaches to running their business.
online gambling cannot be stopped.. my country strictly prohibits all forms of gambling (online/offline) but still cannot be stopped, even according to statistics the growth rate of online gambling players in my country is increasing.
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coin-investor
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October 16, 2019, 02:34:06 PM |
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This news is coming from Bangladesh so people who are into gambling in that region needs to deal with this one, here in our country it's not going to happen, we are liberal and a democratic country, there are many casinos in our country but part of the revenues goes to the health need of our people, $4.1 billion is hard to ignore, our casinos are being run by our government and this is one of the biggest revenue-generating government company.
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Lanatsa
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October 16, 2019, 04:16:45 PM |
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i dont believe that all types/kinds of casinos will be banned . we are now on the year 2019 , we are now on the future but there are still casinos alive .
those who banned are only illegal but legal ones are still remain and possibly will remain forever even if the trend now was on crypto and crypto gambling online . there will still be players that prefer live casinos offline and the ones that dont know how to use the latest technology
If you do try to read it up then this one do only focus out on a single country when it comes to banning of gambling neither offline or online. We know that each country do have its own measures or views towards gambling.Some even legalize it for the sake of taxation which we know that gambling places can generate out some serious tax for the government. Other hand, some places on the world does prohibit gambling due to their culture and religious aspect that's why we do see different decisions about it.
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semobo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 16, 2019, 05:52:19 PM |
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If any country bans the gambling activities then the option for gambling site owners is to move to another country where it being supported and it can be possible for the sites which are making decent revenues.
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TinaK
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 16, 2019, 07:00:47 PM |
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If any country bans the gambling activities then the option for gambling site owners is to move to another country where it being supported and it can be possible for the sites which are making decent revenues.
So you mean to say we can trust the casino owners to make the money on their site am I right? I never believe the site owner and all, if the website and project is good and trustworthy. We can trust the site owner also because individual trust will not work for it. Because even big exchanges got the negative feedbacks.
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Tungsten-1
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October 16, 2019, 07:41:34 PM |
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snip...
This article does not cover the overall casino gambling business worldwide and it is only related to the Muslim country Bangladesh. Gambling is already prohibited in that area and government wants to shut down the illegal running casinos. I think the OP intends to offend this on a broad scale, and the article which offends Bangladesh is just an example. Maybe in that country, people will not see a casino again because gambling will be prohibited in that country. People will use a VPN to hide their real IP because, at that time, people can not go to the real casino. But I don't think that the government can prohibit gambling easily because some gambling owners will use different approaches to running their business.
online gambling cannot be stopped.. my country strictly prohibits all forms of gambling (online/offline) but still cannot be stopped, even according to statistics the growth rate of online gambling players in my country is increasing. Gambling is good for a country if people do play it in limit and don’t let their official and personal life get effected with gambling. In my country it is not ban people can gambling but still society does not see a gambler in a good way so problems are there in every country but people only do what they actually want to do, people who want to gamble will find anyway for it..
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magneto
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October 16, 2019, 08:13:58 PM |
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I'm fairly sure that most casino businesses operate without a license in the crypto space anyway.
The select few that do have online gaming licenses hold it in safe haven countries that literally depend on these licenses for their internal revenue, which probably won't be affected by any new legislation of this sort in countries that weren't considered "safe havens" in the first place.
As a result, I doubt that the landscape will shift significantly.
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Capt00
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October 17, 2019, 01:07:54 AM |
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This article does not cover the overall casino gambling business worldwide and it is only related to the Muslim country Bangladesh. Gambling is already prohibited in that area and government wants to shut down the illegal running casinos. Article 18(2) of the Constitution of Bangladesh says, "The State shall adopt effective measures to prevent prostitution and gambling."Therefore, gambling is a illegal act but not business. Besides, Sections 3, 4, 13 of the Public Gambling Act, 1867, define gambling as a criminal and punishable offence. OP should update the thread title or put some words from the article so readers will not be mislead. Every country has their own regulation and this one talks only about the Bangladesh government, this doesn't cover the majority of casinos both online and offline and we know it's a big industry like a billion dollar industry in total, so there's a lot of money at stake here and it will not be stop completely. Gambling is indeed a very big industry that it made it impossible to ban in some other countries but in other countries whose religion believes that gambling is a sin then ultimately they are going to ban it because it is against their belief. If OP is worried about the banning of gambling sites or casinos in their country and he don't want to do that then might as well migrate to a country where gambling is fully legal, as simple as that. On the other note, if that law will be implemented then I think the faith of casino owners will be unfortunate and that they really have to close down.
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