Wintersoldier
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October 25, 2019, 08:26:38 AM |
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They might need to find another platform or business where they can put the funds. Or else, continue to work anonymously in a newly establish betting platform or casino online. But as far as I know, most of the online casino and betting sites owners are already anonymous, with regards for them, they probably have a way nit to be detected so they can still operate online.
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Faxmate
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October 26, 2019, 01:55:10 PM |
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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. Like any other business, casino also sustains on the number of customers it can grab. The owners of casino need gamblers who will come and play with their money. However, unlike any other business, gambling does not always reward with money or winnings. This is what players should keep in their mind. The money they lose so easily becomes property of the house. It is painful to see people risking bitcoin and other cryptos here.
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Lanatsa
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October 26, 2019, 02:04:07 PM |
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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. Like any other business, casino also sustains on the number of customers it can grab. The owners of casino need gamblers who will come and play with their money. However, unlike any other business, gambling does not always reward with money or winnings. This is what players should keep in their mind. The money they lose so easily becomes property of the house. It is painful to see people risking bitcoin and other cryptos here. Painful to see if you are that kind of business minded person but for them its just a typical way of spending their money for entertainment. You cant do anything about it since this had been always part of the reality.Casinos or gambling places are a big industry business due to these addicted gamblers who do keep feeding up its owners making themselves rich due to their bad habits towards gambling.
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serjent05
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October 26, 2019, 05:44:46 PM |
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Assuming Casino gambling is banned globally, the fate of the Casino business owners will be looking for new venturs and establish a new career path. There is not much mystery behind their fate. They will continue to live on their new business establishement practice. It is not the end of the world for them, there are lots of opportunity to venture, it is up to them on which one they will take.
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barbara44
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October 27, 2019, 05:18:19 AM |
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I do not know why OP is worrying about only casino owners because when a government is about to ban gambling in a country, it would affect both casino owners and gamblers as well. But, OP sounds like he is concerning only about the gambling house owners. I guess owners must be big rich people and they may move to other countries to continue their business whereas people who relied on gambling may not get such switching opportunities but may enter into new type of thing for surviving.
Gambling income cannot be a steady one hence both owners and common gamblers should not depend on the income stream from gambling. When they keep gambling as a part time or one of the income source then there will be less impact when governments about to ban it.
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Colt81
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October 27, 2019, 07:06:38 AM |
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In my own personal opinion, it is a big loss for casino owners to lose a business in casino due to banned of casinos because they earn worth of million of dollars everyday from gamblers who always play at the casino, so they would probably create another business that they could make them rich again. But i think they don't really need to create another business because they can live for a how many year and just what i have said they are already rich.
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peter0425
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October 27, 2019, 08:26:36 AM |
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Assuming Casino gambling is banned globally, the fate of the Casino business owners will be looking for new venturs and establish a new career path. Exactly mate,there surely be a business that they will venture that closest to gambling because these people is always looking for easy money and they don’t want to spend lots of time just to gain so if ever banning happens lots expect the arising of new illegal business lol There is not much mystery behind their fate. They will continue to live on their new business establishement practice. It is not the end of the world for them, there are lots of opportunity to venture, it is up to them on which one they will take.
And besides what we must tackle here is about the gamblers ,because they’re TheOne who surely affected by this.where will they spend some money and time to have fun?though there are many enjoyable places and games yet gambling is one different from those
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SquallLeonhart
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October 27, 2019, 11:07:12 AM |
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Like any other business, casino also sustains on the number of customers it can grab. The owners of casino need gamblers who will come and play with their money. However, unlike any other business, gambling does not always reward with money or winnings. This is what players should keep in their mind. The money they lose so easily becomes property of the house. It is painful to see people risking bitcoin and other cryptos here.
I think the best question should have been how casino owners would survive without addicted gamblers because this is where they are really making money. If casinos and its operators can survive without this set of people then most definitely they would thrive if ever banned globally. Well, I doubt if gambling can ever be eradicated so there's no point debating on this. Gambling can never be banned because I believe both the players and the casino owners would not all of this happen. Gambling operators would easily start up new jobs and businesses but have we ever imagined what happens to our dear jobless gamblers whose only means of earning a living is gambling?
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Webetcoins
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October 27, 2019, 11:42:07 AM |
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Assuming Casino gambling is banned globally, the fate of the Casino business owners will be looking for new venturs and establish a new career path. There is not much mystery behind their fate. They will continue to live on their new business establishement practice. It is not the end of the world for them, there are lots of opportunity to venture, it is up to them on which one they will take. What is the point of making an assumption that is has not even least chances of happening. There is no way that gambling will be wiped out from our planet. Like you have already said, casinos are businesses and those who own them are businessmen so it is not difficult for them to start some other business. All of them are earning a lot from us. It is just that customers of casinos are mostly end up ruined.
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Reatim
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October 27, 2019, 12:32:31 PM |
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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](https://bitcointalk.org/Smileys/default/grin.gif) That’s what I was thinking why would Bangladesh is just making this action recently while they are a Muslim country?they must have done this law even before . If they had implemented that law on the first base the problem won’t be arise by now
In my own personal opinion, it is a big loss for casino owners to lose a business in casino due to banned of casinos because they earn worth of million of dollars everyday from gamblers who always play at the casino, so they would probably create another business that they could make them rich again. But i think they don't really need to create another business because they can live for a how many year and just what i have said they are already rich. It’s their risk because from the start they knew that Muslim country like Bangladesh won’t allow gambling in their country so I am sure they are ready enough for this issue and may have diverted from another business as well
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Twentyonepaylots
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October 27, 2019, 12:59:53 PM |
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As i see in the article there is a reason why their government will ban casino's in their country, the factor i see is that many people in their country get addicted too much and it has a big effecr in their community and economy also many casinos are illegal well it is clear that it is a bad influence for their country.
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Best Dreams
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October 27, 2019, 09:09:49 PM |
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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](https://bitcointalk.org/Smileys/default/grin.gif) That’s what I was thinking why would Bangladesh is just making this action recently while they are a Muslim country?they must have done this law even before . If they had implemented that law on the first base the problem won’t be arise by now
In my own personal opinion, it is a big loss for casino owners to lose a business in casino due to banned of casinos because they earn worth of million of dollars everyday from gamblers who always play at the casino, so they would probably create another business that they could make them rich again. But i think they don't really need to create another business because they can live for a how many year and just what i have said they are already rich. It’s their risk because from the start they knew that Muslim country like Bangladesh won’t allow gambling in their country so I am sure they are ready enough for this issue and may have diverted from another business as well I also have heard about it that some Muslim countries are restricting their people from gambling but why is all this, I think gambling is not bad but if you will consider that worst maybe it will become bad. It is about the governments of the countries if they allow so people will be able to gamble peacefully, Bangladesh is not allowing people to gamble so they should give their people some other way to get additional income.
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finaleshot2016
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October 27, 2019, 11:03:17 PM |
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As i see in the article there is a reason why their government will ban casino's in their country, the factor i see is that many people in their country get addicted too much and it has a big effecr in their community and economy also many casinos are illegal well it is clear that it is a bad influence for their country.
So are you saying that the government doesn't want their people to get addicted to gambling? Too good to be true because as far as I know, the government has its own gambling establishment that collects profits for charity. Casinos are an entertainment for the rich and I don't see any problem when people get addicted to it. Even in online games, many people are addicted to it but not be banned because there are factors that help individuals too. How can you say that casinos are an illegal and bad influence? Dude, it depends on the people not on the establishments, let's blame the irresponsible people out there.
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deisik
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October 28, 2019, 08:19:34 PM |
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How can you say that casinos are an illegal and bad influence? Dude, it depends on the people not on the establishments, let's blame the irresponsible people out there That's probably a valid point in and by itself But it is still very counterproductive (if not outright destructive) to think like that. The key problem with people is that the vast majority of them can be safely called irresponsible. That's just how life in general is, and if we proceed from this assumption, then casinos can in fact have bad influence on such people (let's call them would-be addicts) It is not much of an issue with online casinos (simply because there are fewer such people in crypto than in "real life"), but with the Las Vegas variety it is, as well as the primary reason why many governments across the world establish special gambling zones or areas, and make casinos legal only there
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Duzter
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October 28, 2019, 09:15:25 PM |
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Just take note of countries that are against gambling and other lottery ticket business. In those countries too the usage of casinos are there, but it is termed illegal and governments can vanish it away anytime. For this reason these business owners will probably move to countries where they get good support. My country is against gambling, but there is promotion of online casinos on TV, and they're registered in other countries. People are making use of it.
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Hypnosis00
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October 28, 2019, 10:05:47 PM |
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Just take note of countries that are against gambling and other lottery ticket business. In those countries too the usage of casinos are there, but it is termed illegal and governments can vanish it away anytime. For this reason these business owners will probably move to countries where they get good support. My country is against gambling, but there is promotion of online casinos on TV, and they're registered in other countries. People are making use of it.
That is probably what they do. Just like in our country, many gambling businessmen will come to us and put their business cause we are allowing this kind unless the run it illegally. But if they ask permission with the authorities and comply with all the requirements asked by the government, everything will be fine. But remember we are now having more only games which I don't think that the government was still in control of this. Besides, even children and below 18 years old could play for this. This is also some cases that gambling owners will take the option rather than to be in offline casinos.
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semobo
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October 28, 2019, 10:41:36 PM |
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I think Bangladesh is an Islamic country so gambling is basically haram in their religion so making them as illegal activity in their country is not an surprising so if there is any active gambling site or company then its better to somewhere where is is more welcomed.
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Sadlife
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October 29, 2019, 12:54:20 AM |
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I think Bangladesh is an Islamic country so gambling is basically haram in their religion so making them as illegal activity in their country is not an surprising so if there is any active gambling site or company then its better to somewhere where is is more welcomed.
but i was just thinking that since Bangladesh is a Muslim country and you have mentioned that it is Haram means prohibited,but why it took them this far to make a law being gambling as illegal?sorry but it confuses me because in other countries like middle east where gambling was banned eversince .and why in their case the banning was being tackled just by now.sorry if i missed something but this what i asked reading this thread and the answers
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Clement Kaliyar
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October 29, 2019, 04:38:55 AM |
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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
It is impossible to think that the countries that already legalized casino will be banning them because people will be investing millions to start one and if they are to ban now them the loss will be higher and the investor trust will be broken, the revenue they earn is huge and there are countries without casino and it is not a common business where the government allows those activities and i never went to a real casino in my life because there are no licensed casino. If the government ban these you will see illegal casino running with the help of local politicians and with the help of police.
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onrise
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 29, 2019, 05:33:16 AM |
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I think Bangladesh is an Islamic country so gambling is basically haram in their religion so making them as illegal activity in their country is not an surprising so if there is any active gambling site or company then its better to somewhere where is is more welcomed.
If any religion does not encourages or its a sin then people in that country would be least into gambling and it would be illegal as well in such countries . Well so if any sites or casinos being setup then response would be very less from such places .
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