Vietnam bursts an illegal casino who used to handle bets worth $3 billions

[ethereumhunter]

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.

I am afraid that will not stop as the new illegal casino will launch soon after the government catches the casino before. This time, the illegal casino will not let bad things before will happen again, and maybe they will be selective to invite the gambler to come to their casino. They will make sure that the gambler is someone that they trust. This process will continue, and there is hard to stop that casino from operating their business.

[1714794116]

1714794116

[aswin123adam]

This is all the more reason to stick to online casinos that are licensed and branded provably fair .
My personal favourite with millions of wagers till date are roobet and earnbet and they are the best in the industry to play with crypto right now .

I recommend people not to play on only-fiat platforms . I have had a lot of losses in fiat play sites and those platforms neither seem to be as fair as the play with crypto ones . Just my opinion .

[Mauser]

There are two things increasing pressure on illegal casinos at the moment. One is that due to the corona pandemic mass public gatherings are not allowed. So having a lot of people meeting in an underground casino would definitely attract suspicion, even if authorities aren't looking for illegal casinos in particular. It might just be a bad timing for such establisments at the moment. The second reason on the crack down of illegal casinos would be that the government is missing out on taxes. If $3 billions would be betted in a casino, that's a lot of money not reported to the government. Again due to the corona crisis a lot of governments are losing out on taxes and might search for other income which was usually not so important - i.e. the blackmarket.  In my opinion we should follow the social distancing rules and better stick to online casinos. It's much safer for everyone involved.

[KTChampions]

This is all the more reason to stick to online casinos that are licensed and branded provably fair .
My personal favourite with millions of wagers till date are roobet and earnbet and they are the best in the industry to play with crypto right now .

I recommend people not to play on only-fiat platforms . I have had a lot of losses in fiat play sites and those platforms neither seem to be as fair as the play with crypto ones . Just my opinion .

I agree with you, but I think it's enough provably fair system to play in such a casino. The presence of a license implies that someone issued it and that someone always has different requirements (often absurd) for playing games. I want to be more free and I do not need such intermediaries.

[Pamadar]

There are two things increasing pressure on illegal casinos at the moment. One is that due to the corona pandemic mass public gatherings are not allowed. So having a lot of people meeting in an underground casino would definitely attract suspicion, even if authorities aren't looking for illegal casinos in particular. It might just be a bad timing for such establisments at the moment. The second reason on the crack down of illegal casinos would be that the government is missing out on taxes. If $3 billions would be betted in a casino, that's a lot of money not reported to the government. Again due to the corona crisis a lot of governments are losing out on taxes and might search for other income which was usually not so important - i.e. the blackmarket.  In my opinion we should follow the social distancing rules and better stick to online casinos. It's much safer for everyone involved.

It's illegal so government needs to work on it not just because of taxes but also the facilitators are doing things
which is illegal according to law of that specific country, the jurisdictions have the power to implement the rules
and chased those illegal practitioners. Not a small amount of profits chasing more will be needed for the government.

[STT]

This kind of thinking goes back hundreds of years to the days of marking and duty taxes on playing cards, just the simple act of risk on a game of cards has always been cash heavy and so provokes the interest of government who require the revenue of their people to continue in their ambitious spending programs.
   I'm not surprised by Vietnams actions, more the countries that ban gambling altogether when its so profitable to tax and allow freely.   It will always exist, just a question of run legally or via other means.  Even without the internet various groups will operate games.

[finaleshot2016]

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.

I am afraid that will not stop as the new illegal casino will launch soon after the government catches the casino before. This time, the illegal casino will not let bad things before will happen again, and maybe they will be selective to invite the gambler to come to their casino. They will make sure that the gambler is someone that they trust. This process will continue, and there is hard to stop that casino from operating their business.

Agree, illegal casinos will not stop because they will not repeat the same mistakes from others that have been caught. It's like illegal drugs, even the government made a huge movement to stop illegal drugs in their country, the process still continues. So obviously, the illegal casino will still exist as long as the government has many flaws, they will still remain in the shadows.

[KTChampions]

Agree, illegal casinos will not stop because they will not repeat the same mistakes from others that have been caught. It's like illegal drugs, even the government made a huge movement to stop illegal drugs in their country, the process still continues. So obviously, the illegal casino will still exist as long as the government has many flaws, they will still remain in the shadows.

In fact, this is generally a very muddy question. What is considered illegal casino? If you are my friend and I play for money with you, is this a casino or not? But what if I have many friends and we love to gamble, then how many friends does the casino start with? These are very delicate questions and they rather relate to the sphere of relations between the state and citizens. The more totalitarian the state, the more there are restrictions and "permissions" that a citizen must obtain in order to interact with other citizens.

[tabas]

This is all the more reason to stick to online casinos that are licensed and branded provably fair .
My personal favourite with millions of wagers till date are roobet and earnbet and they are the best in the industry to play with crypto right now .

Yes, it's obvious that your favorite is earnbet as seen. I don't know if you are working for them or it's obvious that you really are.

I recommend people not to play on only-fiat platforms . I have had a lot of losses in fiat play sites and those platforms neither seem to be as fair as the play with crypto ones . Just my opinion .

Can't stop those type of gamblers who prefer to play more with physical casinos or online fiat casinos.

[Beparanf]

I recommend people not to play on only-fiat platforms . I have had a lot of losses in fiat play sites and those platforms neither seem to be as fair as the play with crypto ones . Just my opinion .

Since I knew crypto gambling sites I never played again with Fiat based casino even physically. But some especially old ones prefers the fiat based as they are more familiar with and even there are illegalities that may have in that casino if its run or played online some will not noticed it so its good if the government was able to determines those not registered and I legally operating physically or in online.

[Pamadar]

I recommend people not to play on only-fiat platforms . I have had a lot of losses in fiat play sites and those platforms neither seem to be as fair as the play with crypto ones . Just my opinion .

Since I knew crypto gambling sites I never played again with Fiat based casino even physically. But some especially old ones prefers the fiat based as they are more familiar with and even there are illegalities that may have in that casino if its run or played online some will not noticed it so its good if the government was able to determines those not registered and I legally operating physically or in online.

That's really existing, there are illegal gambling house where gamblers supports the activities.
They are not concern about anything as long as the sites pay them for their wins they will continue to use the sites,
it's really the government that's needs to step up and bring those sites to be closed, no need to wait for someone
to be scam by those illegal practitioners.

[Vishnu.Reang]

Can't stop those type of gamblers who prefer to play more with physical casinos or online fiat casinos.

Most of the gambling sites do have multiple payment options, including cryptocurrency and fiat. If some of the users are not comfortable with cryptocurrency payments, then they can always use for payments using their bank accounts or credit cards. Only some of the gambling sites, which want to provide hundred percent anonymity for the users don't have any fiat payment options.

[finaleshot2016]

I recommend people not to play on only-fiat platforms . I have had a lot of losses in fiat play sites and those platforms neither seem to be as fair as the play with crypto ones . Just my opinion .

Since I knew crypto gambling sites I never played again with Fiat based casino even physically. But some especially old ones prefers the fiat based as they are more familiar with and even there are illegalities that may have in that casino if its run or played online some will not noticed it so its good if the government was able to determines those not registered and I legally operating physically or in online.

That's really existing, there are illegal gambling house where gamblers supports the activities.
They are not concern about anything as long as the sites pay them for their wins they will continue to use the sites,
it's really the government that's needs to step up and bring those sites to be closed, no need to wait for someone
to be scam by those illegal practitioners.

That's the problem, even the government is tolerating those illegal casinos because some higher officials owned those illegal casinos that are operating in the shadows. There are a lot of illegal casinos that exist today, we don't know it because even the police are covering it. It's the same issue with drugs, those who are against the drug lords are also drug lords. Even they implement a nationwide operation of destroying drugs, they can't because they're one of them. If the digital world has a lot of illegal casinos that doesn't have any permit to operation, what more in the actual?

[Wexnident]

That's the problem, even the government is tolerating those illegal casinos because some higher officials owned those illegal casinos that are operating in the shadows. There are a lot of illegal casinos that exist today, we don't know it because even the police are covering it. It's the same issue with drugs, those who are against the drug lords are also drug lords. Even they implement a nationwide operation of destroying drugs, they can't because they're one of them. If the digital world has a lot of illegal casinos that doesn't have any permit to operation, what more in the actual?

Well, that's why most need to actually see it in person before being able to take action. It actually needs to be a big thing, so that the authorities have no choice but to move, whether they like it or not. It's a good thing that the internet is a thing today, this makes reporting such things and making a lot of people know about it a lot easier. Also, I doubt there's much to it to even compare irl and digital casinos, especially since digital ones are far easier to actually create and manage compared to physical ones, which makes having more of those have sense compared of illegal physical casinos.

[tabas]

Can't stop those type of gamblers who prefer to play more with physical casinos or online fiat casinos.

Most of the gambling sites do have multiple payment options, including cryptocurrency and fiat. If some of the users are not comfortable with cryptocurrency payments, then they can always use for payments using their bank accounts or credit cards. Only some of the gambling sites, which want to provide hundred percent anonymity for the users don't have any fiat payment options.

Mostly, don't.
A fiat casino remains as a fiat casino and the payments that they are accepting are only for fiat basis, they don't have option for crypto.
But for some crypto casinos, they have the two options. As I say, it's not about paying crypto, it's about those gamblers who don't like it and prefer to stay traditionally.

[maydna]

That's really existing, there are illegal gambling house where gamblers supports the activities.
They are not concern about anything as long as the sites pay them for their wins they will continue to use the sites,
it's really the government that's needs to step up and bring those sites to be closed, no need to wait for someone
to be scam by those illegal practitioners.

The illegal gambling house still operates for a long time because many gamblers like their services and the gamblers recommend their friends to come to that place. The gambler only thinks about the gambling site is paying or not, and even if the legal gambling sites, and if the site has a long time to withdraw or have bad service, the gambler won't use it to playing gambling.

The government jobs to verify the gambling site are legal or illegal, but it will not be easy since they need to check one by one of those sites to find the illegal sites. That will be the same thing if they want to find the illegal casino in their country, and the government needs to search for many places that indicate to be used for playing gambling.

[imstillthebest]

That's really existing, there are illegal gambling house where gamblers supports the activities.
They are not concern about anything as long as the sites pay them for their wins they will continue to use the sites,
it's really the government that's needs to step up and bring those sites to be closed, no need to wait for someone
to be scam by those illegal practitioners.

The illegal gambling house still operates for a long time because many gamblers like their services and the gamblers recommend their friends to come to that place. The gambler only thinks about the gambling site is paying or not, and even if the legal gambling sites, and if the site has a long time to withdraw or have bad service, the gambler won't use it to playing gambling.

The government jobs to verify the gambling site are legal or illegal, but it will not be easy since they need to check one by one of those sites to find the illegal sites. That will be the same thing if they want to find the illegal casino in their country, and the government needs to search for many places that indicate to be used for playing gambling.

governments has a funds and who says they are gonna do it alone , they can always hire a people that will them find the illegal sites . this is not easy but this can make a change than government sits and does nothing during their term  .

in the meantime we gamblers can also help by not supporting those gambling place that we think a illegal. common lets not be lazy , i know we can if we will only seperate a little time for reading and researching .

[panganib999]

Before getting engage into any type of casino whether online or casino establishment, better make sure that they are registered, legitimate and legally run so that your welfare is safe compared to those illegal that might end up running your money once they get what they want from you. Why would you settle for less when you can get into the best at the first place. Better do think of your welfare as well and do not just easily trust because of the reviews you see or the ratings about such casino. Do the thorough research yourself before placing a handful of money because once it have been inputted on an online casino, there is no clear assurance that there is turning back. The must thing to do is once you find out an illegal gambling place taking over or going operational, better avoid or get rid of it and warn other people to lessen the damage possible to be done by such illegal gambling houses.

[maydna]

~snip~

governments has a funds and who says they are gonna do it alone , they can always hire a people that will them find the illegal sites . this is not easy but this can make a change than government sits and does nothing during their term  .

in the meantime we gamblers can also help by not supporting those gambling place that we think a illegal. common lets not be lazy , i know we can if we will only seperate a little time for reading and researching .

Yes, I am sure the government has funds to hire people. The government needs to visit every place because sometimes, the gambling places will be at a secret place, which the government needs to search in many ways. We still at the pandemic, and I think the government has its main focus to prevent the new case, so I think perhaps, the government will try to get the details first, and then they will investigate later.

If we don't want to get a problem by playing illegal gambling, we don't have to go to that illegal gambling, whether it's an offline casino or online casino. We can try to play gambling at a legal casino, so we don't have to worry about breaking the law, but we still need to be careful to spend the money.

[TopT3ns]

~snip~

governments has a funds and who says they are gonna do it alone , they can always hire a people that will them find the illegal sites . this is not easy but this can make a change than government sits and does nothing during their term  .

in the meantime we gamblers can also help by not supporting those gambling place that we think a illegal. common lets not be lazy , i know we can if we will only seperate a little time for reading and researching .

Yes, I am sure the government has funds to hire people. The government needs to visit every place because sometimes, the gambling places will be at a secret place, which the government needs to search in many ways. We still at the pandemic, and I think the government has its main focus to prevent the new case, so I think perhaps, the government will try to get the details first, and then they will investigate later.

If we don't want to get a problem by playing illegal gambling, we don't have to go to that illegal gambling, whether it's an offline casino or online casino. We can try to play gambling at a legal casino, so we don't have to worry about breaking the law, but we still need to be careful to spend the money.

if that is the case then offline gambling places will not be free and for sure they will try to change the function to online gambling places because I am sure when the government starts looking for illegal gambling places they will definitely want to try to get and collect taxes from that gambling place so that the profits are made will be seen all.