Vishnu.Reang
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August 04, 2020, 11:27:44 AM |
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I will go further and sya that restrictions are generally a bad thing, you can't stop people from doing what they want to do. Example are prisons, they can't keep drugs out of prison, what we need to say more? Restrictions today are used by governments to oppose control, its how they control the ones who are doing something illegal, they take money for protection. Today every organized crime is connected with government, in one way or another. Except restrictions, wars, and all other bullshit it would be better to educate people, but if they would educate people then they wouldn't be able to rule.
Obviously the drug trade is something that can't be legalized in most of the countries. But gambling is one of those things that can be legalized and regulated without causing an increase in the crime rate. Almost half of the countries around the world have already legalized it. Then I don't understand what prevents the remaining half to do the same.
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peter0425
Sr. Member
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CryptopreneurBrainboss managerial service
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August 04, 2020, 12:10:49 PM |
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I will go further and sya that restrictions are generally a bad thing, you can't stop people from doing what they want to do. Example are prisons, they can't keep drugs out of prison, what we need to say more? Restrictions today are used by governments to oppose control, its how they control the ones who are doing something illegal, they take money for protection. Today every organized crime is connected with government, in one way or another. Except restrictions, wars, and all other bullshit it would be better to educate people, but if they would educate people then they wouldn't be able to rule.
Obviously the drug trade is something that can't be legalized in most of the countries. But gambling is one of those things that can be legalized and regulated without causing an increase in the crime rate. Almost half of the countries around the world have already legalized it. Then I don't understand what prevents the remaining half to do the same. The idea of of legalizing gambling is far better in terms of getting big taxes. If the government who are still against this practice then still getting people who keeps involving themselves playing illegally, its better to legalize and get the taxes than keep tracing them and use the authorities, budgets should be use in other things instead of wasting it from arresting this illegal doers.
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iv4n
Legendary
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Activity: 3262
Merit: 1179
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August 04, 2020, 01:59:02 PM |
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I will go further and sya that restrictions are generally a bad thing, you can't stop people from doing what they want to do. Example are prisons, they can't keep drugs out of prison, what we need to say more? Restrictions today are used by governments to oppose control, its how they control the ones who are doing something illegal, they take money for protection. Today every organized crime is connected with government, in one way or another. Except restrictions, wars, and all other bullshit it would be better to educate people, but if they would educate people then they wouldn't be able to rule.
Obviously the drug trade is something that can't be legalized in most of the countries. But gambling is one of those things that can be legalized and regulated without causing an increase in the crime rate. Almost half of the countries around the world have already legalized it. Then I don't understand what prevents the remaining half to do the same. Obviously you miss the point, in the end both are businesses and both can be legal or illegal, depending on the government regulations. The point is that you cant stop people from doing what they like, it's not about you here and your opinion about drugs, it's about all the people and their wishes. About increasing and decreasing criminal rates please read what happened in Portugal and Netherlands, two good examples! Educate yourself!
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ethereumhunter
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August 04, 2020, 03:49:46 PM |
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They need to work with this as they are losing opportunities, like what you said gambling industry is really making huge rally banning them will only make them to move to the other place and start working again, if the government will allow them to facilitate and impose taxes it will gives more venue of funds that can be divert to create more projects for the people.
I think the owner will think about that, even if in their country the ban is applied, they can open their business in the other country which gambling is allowed. Or the owner can still run their business, but they will run in the underground, and they will be selective to invite the people to play on their site. We know that in some country which bans gambling, the owner still can run their business, and they can still make money from gambling.
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Mahanton
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August 04, 2020, 11:17:47 PM |
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They need to work with this as they are losing opportunities, like what you said gambling industry is really making huge rally banning them will only make them to move to the other place and start working again, if the government will allow them to facilitate and impose taxes it will gives more venue of funds that can be divert to create more projects for the people.
I think the owner will think about that, even if in their country the ban is applied, they can open their business in the other country which gambling is allowed. Or the owner can still run their business, but they will run in the underground, and they will be selective to invite the people to play on their site. We know that in some country which bans gambling, the owner still can run their business, and they can still make money from gambling. Running business illegally on a country which do already ban or prohibit it would really be a suicide act by its owners but they wont really make such step if they wont consider on paying out some under-the-table transactions or simply being protected by some of big officials on said country.Its hard to filter out real gamblers to those who are just trying to investigate into illegal things or simply called intels or assets so in most cases for those illegal places doesnt have any connections will surely be bust up earlier compared to those who had connections above.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Pamadar
Legendary
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Merit: 1028
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August 05, 2020, 03:44:28 AM |
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Running business illegally on a country which do already ban or prohibit it would really be a suicide act by its owners but they wont really make such step if they wont consider on paying out some under-the-table transactions or simply being protected by some of big officials on said country.Its hard to filter out real gamblers to those who are just trying to investigate into illegal things or simply called intels or assets so in most cases for those illegal places doesnt have any connections will surely be bust up earlier compared to those who had connections above. Those who are not being protected by the high officials will serves as proof once being caught, they will be the sacrifices in order to protect those illegals, most of the time this kind of underground illegal things that being held are really protected by corrupt officials.
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ethereumhunter
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August 05, 2020, 12:17:18 PM |
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They need to work with this as they are losing opportunities, like what you said gambling industry is really making huge rally banning them will only make them to move to the other place and start working again, if the government will allow them to facilitate and impose taxes it will gives more venue of funds that can be divert to create more projects for the people.
I think the owner will think about that, even if in their country the ban is applied, they can open their business in the other country which gambling is allowed. Or the owner can still run their business, but they will run in the underground, and they will be selective to invite the people to play on their site. We know that in some country which bans gambling, the owner still can run their business, and they can still make money from gambling. Running business illegally on a country which do already ban or prohibit it would really be a suicide act by its owners but they wont really make such step if they wont consider on paying out some under-the-table transactions or simply being protected by some of big officials on said country.Its hard to filter out real gamblers to those who are just trying to investigate into illegal things or simply called intels or assets so in most cases for those illegal places doesnt have any connections will surely be bust up earlier compared to those who had connections above. I think that is really happening in the country, which is ban gambling, and I think the owner of the casino can paying the corrupt police or people from the government, so they can free to run their business without worry. In many countries, there will be people who will corrupt and help the business illegal, but the government is trying to clean up that thing in every department to catch that corrupt person. So we might see that in the news or television, some people being caught by the police because they are corrupt.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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ethereumhunter
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August 07, 2020, 10:52:55 AM |
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I think that is really happening in the country, which is ban gambling, and I think the owner of the casino can paying the corrupt police or people from the government, so they can free to run their business without worry. In many countries, there will be people who will corrupt and help the business illegal, but the government is trying to clean up that thing in every department to catch that corrupt person. So we might see that in the news or television, some people being caught by the police because they are corrupt.
Corruption is the reason for each and every mistake that's been happening with management. When there happens mismanagement automatically the system will collapse. Same is with the gambling business. The corrupt officials without following regulations support it, finally they run away with poor peoples money. In my country gambling networks function from warehouses. Indeed. Corruption happens in many countries, and it's not just happening in the government, but it's also happening in any aspect of jobs. So it is not surprising if we see some corrupt officials from the government have back up for the gambling places, so the law can not touch those places. But I am sure that in the end, they can not always break the law, and there will be some honest officials who would chase them, and arrest them because of their fault.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Tipstar
Sr. Member
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Buzz App - Spin wheel, farm rewards
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August 07, 2020, 11:26:44 AM |
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I think that is really happening in the country, which is ban gambling, and I think the owner of the casino can paying the corrupt police or people from the government, so they can free to run their business without worry. In many countries, there will be people who will corrupt and help the business illegal, but the government is trying to clean up that thing in every department to catch that corrupt person. So we might see that in the news or television, some people being caught by the police because they are corrupt.
Corruption is the reason for each and every mistake that's been happening with management. When there happens mismanagement automatically the system will collapse. Same is with the gambling business. The corrupt officials without following regulations support it, finally they run away with poor peoples money. In my country gambling networks function from warehouses. Indeed. Corruption happens in many countries, and it's not just happening in the government, but it's also happening in any aspect of jobs. So it is not surprising if we see some corrupt officials from the government have back up for the gambling places, so the law can not touch those places. But I am sure that in the end, they can not always break the law, and there will be some honest officials who would chase them, and arrest them because of their fault. The reason why illegal gambling flourish is they don't pay the taxes. When casinos don't pay taxes and don't have to follow the guidelines, it would generate more profit and mostly provide better returns to gamblers. Many of the countries have strict gambling regulations and they take a good chunk of profit as taxes.
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finaleshot2016
Legendary
Offline
Activity: 1722
Merit: 1007
Degen in the Space
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August 07, 2020, 11:52:25 AM |
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I think that is really happening in the country, which is ban gambling, and I think the owner of the casino can paying the corrupt police or people from the government, so they can free to run their business without worry. In many countries, there will be people who will corrupt and help the business illegal, but the government is trying to clean up that thing in every department to catch that corrupt person. So we might see that in the news or television, some people being caught by the police because they are corrupt.
Corruption is the reason for each and every mistake that's been happening with management. When there happens mismanagement automatically the system will collapse. Same is with the gambling business. The corrupt officials without following regulations support it, finally they run away with poor peoples money. In my country gambling networks function from warehouses. Indeed. Corruption happens in many countries, and it's not just happening in the government, but it's also happening in any aspect of jobs. So it is not surprising if we see some corrupt officials from the government have back up for the gambling places, so the law can not touch those places. But I am sure that in the end, they can not always break the law, and there will be some honest officials who would chase them, and arrest them because of their fault. The reason why illegal gambling flourish is they don't pay the taxes. When casinos don't pay taxes and don't have to follow the guidelines, it would generate more profit and mostly provide better returns to gamblers. Many of the countries have strict gambling regulations and they take a good chunk of profit as taxes. That's true, there's a lot of POGOs around here in our country run by Chinese and they're not paying taxes. If those gambling establishments here are paying taxes then maybe we already paid our debts to international banks. The government is good at closing establishments who have a good purpose and having a public service but a POGO can't even stop operating here. Illegal gambling businesses always has cases like money laundering and problematic gambling so I hope they prohibit it.
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ethereumhunter
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August 08, 2020, 06:29:12 AM |
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Indeed. Corruption happens in many countries, and it's not just happening in the government, but it's also happening in any aspect of jobs. So it is not surprising if we see some corrupt officials from the government have back up for the gambling places, so the law can not touch those places. But I am sure that in the end, they can not always break the law, and there will be some honest officials who would chase them, and arrest them because of their fault.
The reason why illegal gambling flourish is they don't pay the taxes. When casinos don't pay taxes and don't have to follow the guidelines, it would generate more profit and mostly provide better returns to gamblers. Many of the countries have strict gambling regulations and they take a good chunk of profit as taxes. Yes, that is the reason. Their profit becomes bigger from month by month while they don't need to pay the taxes. That will be their benefit to collecting more profits from the gamblers because they don't have to add more expenses to their report. Maybe that is why the reason for the illegal gambling place is hiding from the government, and they can still run their business without worry from the government.
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reliable
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August 08, 2020, 06:31:52 AM |
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Indeed. Corruption happens in many countries, and it's not just happening in the government, but it's also happening in any aspect of jobs. So it is not surprising if we see some corrupt officials from the government have back up for the gambling places, so the law can not touch those places. But I am sure that in the end, they can not always break the law, and there will be some honest officials who would chase them, and arrest them because of their fault.
The reason why illegal gambling flourish is they don't pay the taxes. When casinos don't pay taxes and don't have to follow the guidelines, it would generate more profit and mostly provide better returns to gamblers. Many of the countries have strict gambling regulations and they take a good chunk of profit as taxes. Yes, that is the reason. Their profit becomes bigger from month by month while they don't need to pay the taxes. That will be their benefit to collecting more profits from the gamblers because they don't have to add more expenses to their report. Maybe that is why the reason for the illegal gambling place is hiding from the government, and they can still run their business without worry from the government. From the amount saved in in taxes some amount will be going in bribes etc. So, rest I think they save a lot of money and thus it is benefitted to operate illegally. But the risk if it gets bursts then it is gone and exactly that is what has happened here as well. Now it’s over for them and face the law and go in prison.
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Degens
Copper Member
Jr. Member
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Activity: 146
Merit: 2
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August 08, 2020, 10:19:10 AM |
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I think that is really happening in the country, which is ban gambling, and I think the owner of the casino can paying the corrupt police or people from the government, so they can free to run their business without worry. In many countries, there will be people who will corrupt and help the business illegal, but the government is trying to clean up that thing in every department to catch that corrupt person. So we might see that in the news or television, some people being caught by the police because they are corrupt.
Corruption is the reason for each and every mistake that's been happening with management. When there happens mismanagement automatically the system will collapse. Same is with the gambling business. The corrupt officials without following regulations support it, finally they run away with poor peoples money. In my country gambling networks function from warehouses. Indeed. Corruption happens in many countries, and it's not just happening in the government, but it's also happening in any aspect of jobs. So it is not surprising if we see some corrupt officials from the government have back up for the gambling places, so the law can not touch those places. But I am sure that in the end, they can not always break the law, and there will be some honest officials who would chase them, and arrest them because of their fault. The reason why illegal gambling flourish is they don't pay the taxes. When casinos don't pay taxes and don't have to follow the guidelines, it would generate more profit and mostly provide better returns to gamblers. Many of the countries have strict gambling regulations and they take a good chunk of profit as taxes. That's true, there's a lot of POGOs around here in our country run by Chinese and they're not paying taxes. If those gambling establishments here are paying taxes then maybe we already paid our debts to international banks. The government is good at closing establishments who have a good purpose and having a public service but a POGO can't even stop operating here. Illegal gambling businesses always has cases like money laundering and problematic gambling so I hope they prohibit it. Sorry, but what does a POGO mean?
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DEGENS.COM - NON CUSTODIAL SPORTS BETTING EXCHANGE
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kotajikikox
Full Member
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★Bitvest.io★ Play Plinko or Invest!
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August 09, 2020, 05:37:11 AM |
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If the casino operates illegal, they can save money for themselves. Still, I don't think that the government will not stop investigate and search for the casino because if the government lets it happen without doing something, the government will not get more money from the casino. Once they can be caught, the casino needs to pay the taxes and pay fines to the government. They will continue seeking there's money that the government can get from this illegal doers. $3Billion is a huge amount and can do good projects once the confiscated money being redirect to government funds. Government of this country needs to continue and find more and get a good amount of rewards coming from this illegal gaming operators.
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batang_bitcoin
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August 09, 2020, 08:46:20 AM |
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If the casino operates illegal, they can save money for themselves. Still, I don't think that the government will not stop investigate and search for the casino because if the government lets it happen without doing something, the government will not get more money from the casino. Once they can be caught, the casino needs to pay the taxes and pay fines to the government.
That's always the case for illegal operation of casinos, they can bribe the arresting officer and its higher officials so that they will be spared. But that will also create an idea that those officers will just do the same thing of the raid and they will know what they are asking for the 2nd time around. This kind of system sucks and it's really happening in different parts of the world not just in casino industry and businesses but mostly for the major businesses if there's corruption in the system.
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Rent this sig space so that BTC goes to $100k.
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Vishnu.Reang
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 09, 2020, 12:25:17 PM |
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If the casino operates illegal, they can save money for themselves. Still, I don't think that the government will not stop investigate and search for the casino because if the government lets it happen without doing something, the government will not get more money from the casino. Once they can be caught, the casino needs to pay the taxes and pay fines to the government.
Even in those countries where gambling is legal, you can find illegal and unlicensed casinos. Because the government rules make it mandatory for the casinos to perform the KYC process on their clients. Now the criminals and tax evaders can't go to these casinos, as the dirty money may get traced back to them. Under such circumstances, they will prefer illegal casinos.
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iTradeChips
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 10, 2020, 01:24:35 AM |
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I think that is really happening in the country, which is ban gambling, and I think the owner of the casino can paying the corrupt police or people from the government, so they can free to run their business without worry. In many countries, there will be people who will corrupt and help the business illegal, but the government is trying to clean up that thing in every department to catch that corrupt person. So we might see that in the news or television, some people being caught by the police because they are corrupt.
Corruption is the reason for each and every mistake that's been happening with management. When there happens mismanagement automatically the system will collapse. Same is with the gambling business. The corrupt officials without following regulations support it, finally they run away with poor peoples money. In my country gambling networks function from warehouses. Indeed. Corruption happens in many countries, and it's not just happening in the government, but it's also happening in any aspect of jobs. So it is not surprising if we see some corrupt officials from the government have back up for the gambling places, so the law can not touch those places. But I am sure that in the end, they can not always break the law, and there will be some honest officials who would chase them, and arrest them because of their fault. The reason why illegal gambling flourish is they don't pay the taxes. When casinos don't pay taxes and don't have to follow the guidelines, it would generate more profit and mostly provide better returns to gamblers. Many of the countries have strict gambling regulations and they take a good chunk of profit as taxes. That's true, there's a lot of POGOs around here in our country run by Chinese and they're not paying taxes. If those gambling establishments here are paying taxes then maybe we already paid our debts to international banks. The government is good at closing establishments who have a good purpose and having a public service but a POGO can't even stop operating here. Illegal gambling businesses always has cases like money laundering and problematic gambling so I hope they prohibit it. Sorry, but what does a POGO mean? Here is definition of POGO: "Philippine Offshore Gaming Operators or POGOs are online gambling firms that operate in the Philippines but cater to customers outside the country. To operate legally they must be licensed by the Philippine Amusement and Gaming Corporation (PAGCOR). " Sadly there are lots of illegal gaming operators in Metro Manila and are operating in private residences all cramped into something that looks like a small computer shop or internet cafe. And they do that so they will not be obliged to pay the taxes and fees set by the government. Aside from issues with Tax evasion, there are other things that happens like increased prostitution near the illegal sites. Human trafficking of Chinese workers who work on these illegal establishments, also local corruption possibly in the barangay (smallest unit of territory inside a city or a town) or town/city level. I do not have evidence of course, so you we can dismiss this first as "hearsay" or "rumor".
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ethereumhunter
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August 10, 2020, 07:46:00 AM |
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They will continue seeking there's money that the government can get from this illegal doers.
$3Billion is a huge amount and can do good projects once the confiscated money being redirect to government funds.
Government of this country needs to continue and find more and get a good amount of rewards coming from this illegal gaming operators.
I am sure it does. The government will not let them run away with that money because if the government can get that money, they can have more income to solve the economic problem. I am sure that there are many other illegal gaming operators out there that still operate without paying the taxes, and that will be a difficult job for the government to find them. That's always the case for illegal operation of casinos, they can bribe the arresting officer and its higher officials so that they will be spared. But that will also create an idea that those officers will just do the same thing of the raid and they will know what they are asking for the 2nd time around. This kind of system sucks and it's really happening in different parts of the world not just in casino industry and businesses but mostly for the major businesses if there's corruption in the system.
Unfortunately, that system still survives in this era, and we don't know when it can end until we have a clean government in all countries. But I am afraid that the system can not be eliminated as long as the government officials don't have responsibilities with their job. Having a casino is okay in the country, which allows gambling, but the problem will the individuals in the government who control the taxes. Even in those countries where gambling is legal, you can find illegal and unlicensed casinos. Because the government rules make it mandatory for the casinos to perform the KYC process on their clients. Now the criminals and tax evaders can't go to these casinos, as the dirty money may get traced back to them. Under such circumstances, they will prefer illegal casinos.
The casino can hide its operations underground without any of the people from the government know. Even if the officials from the government know about them, the casino owner will shut their mouths by giving them many gifts until they don't chase them, and they can back up their business. There will be many other illegal casinos that will operate in the future, and especially they can use crypto to gamble.
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lebregone
Jr. Member
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August 10, 2020, 06:04:44 PM |
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This is the problem with illegal casinos as they can pay fixed commissions to the people that they hired to lure the gamblers out but they are avoiding the government taxes by not getting a permit to operate legally.
The casino owner must be earning such a huge amount of money right now because 3 billion usd is a huge amount of money even if the owner is only earning like 20-50% from it. But at the end, they still pay to their action as the authorities has made their move already.
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peter0425
Sr. Member
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CryptopreneurBrainboss managerial service
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August 10, 2020, 06:50:18 PM |
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This is the problem with illegal casinos as they can pay fixed commissions to the people that they hired to lure the gamblers out but they are avoiding the government taxes by not getting a permit to operate legally.
The casino owner must be earning such a huge amount of money right now because 3 billion usd is a huge amount of money even if the owner is only earning like 20-50% from it. But at the end, they still pay to their action as the authorities has made their move already.
Correct! they managed to operates and not paying anything. But now, the government already catch them and even they earned huge amount of money, the chance that it will be freeze as government can confiscate everything once being proven that the money is illegally came from the illegal gambling business.
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