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fiulpro (OP)
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August 27, 2020, 12:34:48 PM |
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Let me list 5 countries where the Online Gambling is legal and flourishing : UK Japan Germany Spain France sourceHonestly I expected to Find more of them. I would like to quote something in regards to US: It is never legal to gamble on a website based in the United States. Also, if you are planning to operate an online gambling site, stay outside of the United States. You must also deal only with casino and poker wagers (not sports bets) from people in the US. ... Accepting online gambling advertising is also illegal. Now the question is : Why should it be legal? -Better handling of scammers -Protection for people -It does bring good revenues for the government -healthy restrictions regarding age and addictions Now the people are going to do it anyways they cannot control that part , what they can do is discuss the terms and conditions and create a safe environment. What do you guys think? Should the government allow it more openly?
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stadus
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August 27, 2020, 12:45:12 PM |
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Online gambling does not automatically include crypto online gambling I guess. But, if the government are positive with crypto regulation, they should also regulate crypto casinos and though we might lose our anonymity, but we have to accept the fact as whether we like it or not, we are going to that scenario as a gambler.
We know that regulation means centralization, as this would help the government not only for revenue purposes but to also implement their policies on crypto casinos, and that includes the popular anti money laundering.
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erikoy
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August 27, 2020, 01:46:32 PM |
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Welcome to centralization of online gambling. I will going to express the same thoughts over and over again regarding on centralization of online gambling.
First - the government will ask KYC on all users in a gambling platform which is dangerous if identities in that platfoem will get compromise.
second - license will be issue before they can operate and expect taxes too for protection to which it is not guarantee by the government to uphold the authority. Most officials are corrupt and they can be easily get tempted by offer especially when it comes to making a favor from the online gambling.
third - penalty will be high whe online gambling will violate the mandate of the government when it comes to gambling.
fourth - high transaction fee will be deducted to all user include taxes and possible percentage to be taken from the government especially from lottery or jackpot.
fifth - scammers will still be there and will not be eradicated because in gambling the scammers are already part of the gambling system.
I guess that should do already and this is why we should not let government interfere with online gambing. Let the gamblers left with choices to play in gambling.
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Mauser
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August 27, 2020, 01:49:31 PM |
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What do you guys think? Should the government allow it more openly?
We have at the moment the 2020 World Series of Poker Online running with a lot of players from USA, but the company ggpoker is based in Curaçao. I think USA should start changing their laws to accept online casinos be based in their country too. It would give the players and gamblers a lot of more security if the company would be based within USA. In case of lawsuits people are just much more familiar with USA law than some smaller offshore countries. I would appreciate if all countries would be more open towards online gambling and casinos. Better to regulate it and profit of the tax revenues than to ouright ban it.
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freedomgo
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August 27, 2020, 01:58:07 PM |
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Welcome to centralization of online gambling. I will going to express the same thoughts over and over again regarding on centralization of online gambling.
First - the government will ask KYC on all users in a gambling platform which is dangerous if identities in that platfoem will get compromise.
Do you have deposits in banks? If yes, then you trust the bank although the authorities could ask information from them regarding their depositors and clients, the same treatment would happen with casinos if they are regulated. Just think of this. Which is more risky, government asking information or casinos not regulated where we trust them with our money? second - license will be issue before they can operate and expect taxes too for protection to which it is not guarantee by the government to uphold the authority. Most officials are corrupt and they can be easily get tempted by offer especially when it comes to making a favor from the online gambling.
That's only an assumption, maybe some countries have corrupt government but you can't use that reasoning in general as there are countries which officials are honest and their countries are progressive. With you statement, the main reason you disagree with regulation is because you think government are corrupt, am I right? third - penalty will be high whe online gambling will violate the mandate of the government when it comes to gambling.
That's even good for us gamblers, it will protect us and that would prevent them from cheating us and the government, because if they don't cheat, we can still benefit even if we lose as they will pay the right taxes. fourth - high transaction fee will be deducted to all user include taxes and possible percentage to be taken from the government especially from lottery or jackpot.
I don't mind paying taxes if I win in lottery.  fifth - scammers will still be there and will not be eradicated because in gambling the scammers are already part of the gambling system.
I guess that should do already and this is why we should not let government interfere with online gambing. Let the gamblers left with choices to play in gambling.
It will not be eradicated but it will minimize their actions, with a law that will punished them, they might think twice than no regulation at all where they can be too confident to scam the gamblers.
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Fundamentals Of
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August 27, 2020, 02:20:11 PM |
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The government should allow it both in the name of government revenue and freedom for their people. But strict regulations should be put in place to make sure that certain things are not violated, for example, abuse by minors, gambling addiction, negligence to family, less productivity in workplace, stealing, etc.
The government regulators should not just put everything in the hands of the gamblers themselves. It is very hard to expect them to do self-control all the time. Discipline should not also be coming from the individual gambler but also from the government authorities.
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sunsilk
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August 27, 2020, 02:42:15 PM |
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In religious countries, you can't expect them to be open with gambling whether it's physical or online. And for those countries that have allowed it, they see the industry rakes a huge amount of money in taxes.
AFAIK, there is this country that allows tourists to come and visit them for gambling purposes but they don't allow their citizens to gamble. Is that Macau or somewhere in Southeast Asia?
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avikz
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August 27, 2020, 02:48:49 PM |
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Yes, online gambling is banned in US and that's why a lot of casinos don't accept US players or any traffic from US. It wasn't the case before 2006 before online gambling enforcement act came into picture. I believe the reason for such law is the offline casino owners. They have a very powerful lobby in US and government earns billions in revenue from such casino owners. It's simple that the offline casino owners see online gambling as a threat to their business in a way banks see cryptos asa threat to their business.
Online gambling market will definitely explode if US government lifts the ban but it doesn't seem to be happening anytime soon simply because the offline gambling lobby is too strong!
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target
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August 27, 2020, 03:12:07 PM |
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There are states where gambling is allowed as far as I know. But yes, it should have been legalized for all states if they are to find a possible source of funds, it's a billion-dollar industry that they missed milking. centralized or not, its going to make money.
But I'm sure anyone who wanted to play can always do so with just credit card. Before Bitcoin I've seen enoug gambling websites that's been popular in US.
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RokokGudangGaram
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August 27, 2020, 03:48:23 PM |
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I am sure that this would have benefits and advantages as well. Legalizing online casinos, does not necessarily mean that crypto casino are included. Unless, the country is open to also accept cryptocurrencies. But, by doing that it can compromise our anonymity and would also lead to taxes being charge.
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abel1337
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August 27, 2020, 04:30:27 PM |
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I am sure that this would have benefits and advantages as well. Legalizing online casinos, does not necessarily mean that crypto casino are included. Unless, the country is open to also accept cryptocurrencies. But, by doing that it can compromise our anonymity and would also lead to taxes being charge.
Having a certain country that legalized online gambling might not directly affect cryptocurrency casino but it can be a stepping stone for a crypto casino that could possibly start-up in that country. Of course, the drawbacks of setting up a crypto casino on a newly legalized country can't be avoided because the regulations will be pretty in favor of the country and the government itself.
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aioc
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August 27, 2020, 04:33:57 PM |
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Now the people are going to do it anyways they cannot control that part , what they can do is discuss the terms and conditions and create a safe environment.
What do you guys think? Should the government allow it more openly?
Government should allow it there are money to be made by the government coming from taxes here in out country we have POGO an Offshore Gaming Operator where our government are making millions of pesos from taxes and hosting Chinese in our country, online gambling can give a huge revenue for every government will just have to regulate and do not let their citizen to abuse gambling online.
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dothebeats
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August 27, 2020, 05:35:50 PM |
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There is money to be made in legalizing online gambling, but remember that physical casinos are one of the main reasons why the United States are frequented by people, especially in Las Vegas, and there's more money in there compared to online gambling. There are some states that are 'quite open' to online gambling though they do not explicitly state that they support it. It's just that they are passive about it until something gets wrong. Anyways, as long as physical casinos are raking in huge profits for the government, they would not touch online casinos since it gets in the interest of the physical casino owners which, we know, has a strong influence on the decisions made by the US government regarding their industry.
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perla
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August 27, 2020, 07:08:48 PM |
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It's true that they can give us protection in legalizing online casino or online gambling and it would benefit the country as well but the fact is that most of us here would prefer being anonymous and being free with tax. I never thought that US is a little bit strict about online gambling it seems now that I know why most of the online casino doesn't allow US based players.
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Bezobraznike
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August 27, 2020, 07:19:38 PM |
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It should be legal! Legal pay taxes, you have benefits from that industry. People will bet anyway, why not to leave money in your place. It's how legal gambling can contribute to many good things in the community. Casinos should pay higher taxes, like a luxury thing, and it should be legal and regulated.
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bitbunnny
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August 27, 2020, 09:14:19 PM |
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I am sure that this would have benefits and advantages as well. Legalizing online casinos, does not necessarily mean that crypto casino are included. Unless, the country is open to also accept cryptocurrencies. But, by doing that it can compromise our anonymity and would also lead to taxes being charge.
There is no general solution because each country is unique and everything depends on local regulations. Crypto casinos are special and although some general rules apply the same as for the rest of casinos the fact they use crypto makes the difference. We all value our privacy but it's compromised on many ways and we have to be honest and admit there is not much of anonymity left, if any.
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johhnyUA
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August 27, 2020, 09:28:44 PM |
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Now the question is : Why should it be legal? -Better handling of scammers -Protection for people -It does bring good revenues for the government -healthy restrictions regarding age and addictions
What do you guys think? Should the government allow it more openly?
Online gambling is also restricted in Russia and Ukraine. At least, restricted "on paper", but in fact there so much online casinos, and even tv stars and bloggers are often advertise it. About legal status you're definitely right, but you should understand that this will divide online gambling into two parts: legal and illegal (dark part). It's too easy to open online casino. In fact, you just need to know few html, css, and JS (or find a man with needed skills) and you can go ahead. If something bad will happen - just changing domain or even a name. Because of that this is too hard to fight such things.
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stadus
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August 27, 2020, 10:35:10 PM |
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It's too easy to open online casino. In fact, you just need to know few html, css, and JS (or find a man with needed skills) and you can go ahead. If something bad will happen - just changing domain or even a name. Because of that this is too hard to fight such things.
We should be aware of that, first thing we look at on a casino when we are gambling is their license, if they don't have, that's when we have to manage the risk carefully as we can never go after our money once they go dark.
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Questat
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August 27, 2020, 10:42:08 PM |
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It should be legal! Legal pay taxes, you have benefits from that industry. People will bet anyway, why not to leave money in your place. It's how legal gambling can contribute to many good things in the community. Casinos should pay higher taxes, like a luxury thing, and it should be legal and regulated.
There's no problem if online crypto casinos are required to be legal to operate, what most people concerns here are they will lose their anonymity. Hopefully there's one would explain that it's still possible to keep that anonymity even if a casino is regulated by the government.
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