Lorence.xD
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Leading Crypto Sports Betting & Casino Platform
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May 04, 2020, 05:32:09 AM |
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The questions: 1. What's about in your country? Are online gambling and sports betting legal? 2. Is there any possibility that this prediction will really occur, more and more countries are legalizing online gaming/gambling and mobile sports betting? 3. How is it related to online gambling that uses cryptocurrency as one of the transactions manners? Will there more and more sites offer online gambling like this?
1. Online gambling and sports betting is legal, in fact it has been legal ever since the boom of e-sports, remember the time when Solo was playing for RoX and he got banned for throwing the game, they banned him instead of apprehending the gambling site which means that it is legal. Sports bet is legal too, in my opinion making the sports betting online is better because it reaches more people and it makes the sports less inclusive because anywhere you are, you can bet on it and I do not see any problem with that. 2. The possibility is high because it will benefit the country, though I do not believe that it will be a worldwide legalization because there are Muslim countries that prohibit gambling altogether. 3. I think that more sites will be integrating that system in the future because business as far as it goes needs to expand and textbook innovation of expanding your business demographic is the most trusted and effective way to grow your business.
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crwth
Copper Member
Legendary
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Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
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May 04, 2020, 05:40:57 AM |
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Everyone in the world is still not used to having this quarantine, and most of the things related to anything are made online. Which means it's more viable to make all the online applications in a legal sense applicable to everyone and gambling is also a part of it. There are a lot of people who realized that specific jobs could be done online, and many people are starting liking the "Work from Home" type of setup, and there are advantages to that for sure.
Maybe what had happened during this time would make the country's government accept that this is going to continue might as well make it legal, right? The continuous development of the country could be helped with legalizing the online gambling sites by letting them pay taxes with the appropriate amount and consider every option to help the economy go up again.
I know some people that are super into gambling, and they said they want to gamble in the land-based casinos, but it cannot happen, and someone in the group joked around and said to gamble in Bitcoin Trading with x125 leverage in Binance and see what happens. Lol.
Anyways, as we pour on our beliefs in the system, we don't know for sure if it's going to be applicable. Nevertheless, it's never too late to hope for those things and help the country realize the importance gambling brings to us with the right precautions in place also, and the benefits of it could bring to the country.
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Latviand
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May 04, 2020, 05:52:15 AM |
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The situation calls for legalization of online gambling.
Government funds in most countries are almost depleted and they needed the economy to recover asap. I think online gambling platforms can help provide the much needed funds and it would be impractical for the government if they aren't going to allow and regulate them provided they apply for license to operate.
As the world transitions to the new normal, I think people all types of gamblers would still be wary going to crowded areas like casinos.
I read some articles that China wants Philippines to start prohibiting the online betting or gambling, I just don't know the reason why. Online gaming is already legal and famous in our country and mobile sports betting too, because the government doesn't care about that and it doesn't affect the whole economy of a country. It is just a small amount of bets and it is just for entertainment and fun but if it is abused by the people then they should be accountable for that. As what you've said people will still do physical casinos, it is true because the environment inside a traditional casinos are really different from when you gamble online. Playing gambling outside is much less stress compared to online gambling that there is no one for you to talk with.
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Zeke_23
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May 04, 2020, 05:54:20 AM |
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The questions: 1. What's about in your country? Are online gambling and sports betting legal?
Yes, as far as I know, online gambling is being regulated and licensed. Therefore, it is legal. 2. Is there any possibility that this prediction will really occur, more and more countries are legalizing online gaming/gambling and mobile sports betting?
It has a high possibility because of our current situation with this pandemic. Also, gambling businesses might consider pursuing this idea to continuously provide gambling service to their players. 3. How is it related to online gambling that uses cryptocurrency as one of the transactions manners? Will there more and more sites offer online gambling like this?
As the demand continues to increase, there will be more sites will be open. We can also see that there are more different gambling websites that have been created and I am sure that there will be more sooner or later.
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plvbob0070
Copper Member
Sr. Member
Offline
Activity: 658
Merit: 402
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May 04, 2020, 06:37:45 AM |
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Online gambling is legal in my country as long as you are licensed to operate in my country. However, most online gambling sites in my country are being operated by foreign companies. But about the prediction, it can be true. Although I don't think that right after this pandemic, it will become legal in most countries that fast since the world needs to recover from the pandemic, and legalizing online casinos won't be their priority. And if online casinos would be legal, they need to pay big taxes. This pandemic gives an opportunity for online gambling to be recognized by some gamblers but after this, I think they will go back to what they are used to. And that it's harder to handle online casinos since it's more prone to scams.
Lastly, I think more people in my country prefer traditional gambling than online ones. But I do hope that online gambling will be more known after this COVID issue.
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sheenshane
Legendary
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Activity: 2506
Merit: 1232
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May 04, 2020, 06:48:08 AM |
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During this pandemic where countries and cities are on lockdown online gambling has a great profit for people who can't go to the casino houses to play and because of that gamblers started to adapt this for their safety and health regardless if it is legal to their country or not.
The reason why the government legalized gambling or casino houses is that it is part of our culture that helps us lessen our stresses and government earn from these casinos through collecting tax. As of now where gamblers are into the online casino because of the pandemic and government started to lose funds as they use it to support their citizen during lockdown then when the time comes and they need to have funds again they might consider legalizing online casinos as well so they might get tax from these type of business. It will be better to legalize these online casinos not only for the government but also for us who want to play gambling safely, IMO.
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maydna
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May 04, 2020, 07:47:24 AM |
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The questions: 1. What's about in your country? Are online gambling and sports betting legal? 2. Is there any possibility that this prediction will really occur, more and more countries are legalizing online gaming/gambling and mobile sports betting? 3. How is it related to online gambling that uses cryptocurrency as one of the transactions manners? Will there more and more sites offer online gambling like this?
1. I don't think online gambling and sports betting will be legal in my country because my government is very strict about prohibiting gambling, whether it's online gambling or offline gambling. 2. Yes and no, depending on how strict the country about the gambling itself but if on that country allow gambling, then it could be possible to see online gambling will be legalized in that country because that can be considered as the way to enjoy the games with the money involved. 3. I guess that we will see the growth of online gambling using cryptocurrency. While people stay at home now, they will see so many advertisements about cryptocurrency and even they will need a crypto gambling website. So that can make many people curious about the cryptocurrency and the crypto gambling site.
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shoreno
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May 04, 2020, 08:44:39 AM |
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i got your point or thier point rather after reading the posts twice . it means they see online gambling as a safe haven so that risk of infection on public can be reduced but its better that they will legalize it now on other unlegalized countries . they dont need to wait for the covid to be finished before they implement such idea . in that way people can stay more on thier houses and will only play gambling instead of gambling outside and soon they will limit thier self gambling outside if ever everything goes back to normal again
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Golftech
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May 04, 2020, 08:51:41 AM |
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During this pandemic where countries and cities are on lockdown online gambling has a great profit for people who can't go to the casino houses to play and because of that gamblers started to adapt this for their safety and health regardless if it is legal to their country or not.
The reason why the government legalized gambling or casino houses is that it is part of our culture that helps us lessen our stresses and government earn from these casinos through collecting tax. As of now where gamblers are into the online casino because of the pandemic and government started to lose funds as they use it to support their citizen during lockdown then when the time comes and they need to have funds again they might consider legalizing online casinos as well so they might get tax from these type of business. It will be better to legalize these online casinos not only for the government but also for us who want to play gambling safely, IMO.
Gambling business really brings additional funds to the government, there's no question about the help that this business are providing in terms of taxes, instead of prohibiting people and let them play illegally the government choose to legalized and gain benefits from this business. After this pandemic crisis more and more places from the world will consider this especially those who are in need, the more access to earned additional funds the better to restart the economy.
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kayvie
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May 04, 2020, 09:17:01 AM |
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Online gambling is legal in our country as long as they run on the right process and received their license to operate. Right now, all I can say is, it is possible that more countries will legalize online gambling because it is really in demand in this kind of situation. When this happens, more online gambling websites will probably open to the public.
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FanEagle
Legendary
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Activity: 3038
Merit: 1129
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May 04, 2020, 02:31:16 PM |
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Probably e-sports are going to be the future of entertainments which will obviously lead to have the boom of online casino/betting platforms. But, I am not thinking it will be possible to have gambling as a legal thing when theaters and amusement parks are not safe to operate. Governments may not think like gambling cannot be the right replacement for theaters, amusement parks and any other crowd gathering based entertainments.
In my country gambling is prohibited due to traditional values. So, I guess my government may not think about legalizing online gambling just for the reason of people are not having sufficient entertainment sources. But, I expect online gambling may enter into big growth in coming months in country as well due to easier and high speed internet availability.
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Rengga Jati (OP)
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May 04, 2020, 02:50:48 PM |
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Well, from what I read mostly online gambling and mobile sports betting are legal in many countries of the members here. It is good enough, moreover, when many more offline casinos and sports betting industry widen their reach to the online world, this will be even more interesting. And what's more, it will minimize some expenses. Let's wait for the reaction of big casinos and sports betting after Covid-19 is over. I read some articles that China wants the Philippines to start prohibiting online betting or gambling, I just don't know the reason why. Yes, I also read those articles. Some of them are: https://www.rappler.com/nation/238192-china-wants-philippines-ban-online-gamblinghttps://www.bloomberg.com/news/articles/2019-08-21/china-wants-philippines-online-gaming-ban-after-halting-permitshttps://lcb.org/news/china-pushes-for-online-gambling-ban-in-philippinesThis news was about August 2019. They said that the aim of this was for preventing illegal outflows of any funds and also unauthorized recruitment of the employees. However, we do not know what happens next further. Today, China itself widen their sector in Blockchain technology that may also influence on how their response on the online gambling sites again. Probably it will be different from the previous one.
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DoublerHunter
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May 05, 2020, 12:35:36 PM |
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^ Because of this pandemic people tend to play online gambling instead of going to physical casinos where they can be prone to the virus and get infected. The government probably may regulate or legalize online casinos in their countries for this can be another source of fund especially nowadays where they need the funds most. After the crisis, people may go back and play on physical casinos but some may stay and keep playing on mobile sports betting or online casinos because of the convenience so it will be better if the government would legalize online casinos so that everyone may still play gambling freely without the need of going out. Nevertheless, speaking of China's gambling treatment probably they will use their own crypto because they banned Bitcoin.
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