Legal Matter

[johhnyUA]

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.

Dude, there is no problem of casino without a license, there is a big problem about people who getting mad about gambling, so illegal casinos will be the only solution for them after all other will reject them (due to limit)

[Vaculin]

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.

Dude, there is no problem of casino without a license, there is a big problem about people who getting mad about gambling, so illegal casinos will be the only solution for them after all other will reject them (due to limit)

I think what he is only emphasizing is, what if the casino will do an exit scam? That's gonna be a problem for gamblers as they can never recover their money anymore, I guess we can see some cases in the scam accusation boards.

[Baofeng]

Let me list 5 countries where the Online Gambling is legal and flourishing :

Japan

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?

I think @avikz has put a good discussion about it.

• How gambling can effect the economy of a country [Part 1 - USA]
• How gambling can effect the economy of a country [Part 2 - Macau]

[MCobian]

I am one of those who support online gambling, it should be legal, because there are many positive things that can be obtained.
At least it can reduce the number scammers who are increasingly right now, and most importantly the government must get
a large tax. But there are still many countries who consider it online gambling is an illegal activity, and it's very sad for me. But
fortunately there is a bitcointalk forum that can provide good reviews regarding online gambling.

[pikkie]

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.

well that's it because having active players is harder to find, imagine even though the owner of the online gambling place gets a little profit from that gambling place but has active players and is often visited by many people it will be the best gambling place and can provide good income for gambling owners.

[Hippocrypto]

I am one of those who support online gambling, it should be legal, because there are many positive things that can be obtained.
At least it can reduce the number scammers who are increasingly right now, and most importantly the government must get
a large tax. But there are still many countries who consider it online gambling is an illegal activity, and it's very sad for me. But
fortunately there is a bitcointalk forum that can provide good reviews regarding online gambling.

Of course bitcointalk is a great help for all gamblers who seeks good attention towards promoting every community. About it's legality, well that depends on government concern because that's too controversial due to several factors. Many politicians will oppose to a gambling operation specially when it affects every individual. Virtualized gambling is a good alternative instead of physical one in order to minimize addiction, as it will be more optional compared to traditional betting.

[jademaxsuy]

Of course bitcointalk is a great help for all gamblers who seeks good attention towards promoting every community. About it's legality, well that depends on government concern because that's too controversial due to several factors. Many politicians will oppose to a gambling operation specially when it affects every individual. Virtualized gambling is a good alternative instead of physical one in order to minimize addiction, as it will be more optional compared to traditional betting.

On point, legalization will depend on both parties if the government demand or initiate then that leave no choice for a gambling business to operate. If the gambling party wanted to initiate to legal their operations then government mandate will going to follow.

In general any kind of business under goes operation will  be needing an permit to operate and are sacntions to penalty when there are violations to be made. This is a way that both parties will benefit in the process.

[cabalism13]

Honestly I expected to Find more of them.

Haven't seen ours on the list so,
I would like to add that here in the Philippines it is also Legal to run an Online Casino as long as it is registered:

Philippines

Edit:

To add, as for the OP, I think it will depends on the country or it's government, besides these casinos is also a large payers of taxes, so if they run it online, the governments won't have a way to get their taxes and will be hard to tell on how much these casinos are earning (JMO)

[Wexnident]

Are we talking about Online gambling as a whole? Or Crypto gambling only? Cause if it's the former, then I'm all up to it for the government to make gambling an official legal matter. Heck, create a centralized organization for it to avoid scammy sites that appear and to ensure the rules and laws are enforced properly in each country.

Ofc, if it was the crypto gambling part, well, they'd have to start letting people play for themselves. It's like separating the two sides of "we help you secure your funds and bets, but you also have to help us in doing that by giving us the information we require" and the " we don't help you, you don't help us, it's a matter of BUSINESS, a matter of PROFIT". I just hope the government stop themselves from being the control freaks they are though tbh, since a business relationship between customer and user is perfectly plausible if implemented properly.

[crwth]

There are a lot of reasons why gambling should be legalized and a lot of reasons as well not to. First of all, know "why it is banned" in the first place.

• You are taking money from stupidity and greed.
• Addictive to people. It will cause more losses than wins, and it would affect the person
• Possible criminal activities can occur

Some governments take these things seriously and would honestly take the chance to have a better environment without gambling. So it still depends on where you are and how it's going to be in your country, but there are a lot of pros and cons when it comes to that, and the ending is always for the decision on the government.

[maydna]

It is difficult to make gambling legal, especially in a country which is not allow gambling. But we see that gambling is allowed in some countries, and gambling contributes by giving taxes to the government. The government can make gambling legal, but the government needs to make some regulations related to gamblers' ages because the kids can play gambling without their parents know. However, that is no guarantee that the kids can't play gambling secretly.

I agree with the @OP about opening gambling, but with terms and conditions, only adult people can play gambling. But still, when it comes to online gambling, it will not easy as the kids can visit on the gambling site anytime they want.

[Fundamentals Of]

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.

Dude, there is no problem of casino without a license, there is a big problem about people who getting mad about gambling, so illegal casinos will be the only solution for them after all other will reject them (due to limit)

Then everything is in fact a problem with casinos without licenses.

1. If the casino is operating without a license, it is going to be illegal. And if it is illegal, the gamblers playing in it are also violating the law. Therefore they could be raided and the operators as well as the gamblers will be arrested and cases will be subsequently filed against them.

2. If the casino is illegal, it may also turn out a scam and the gamblers who are the victims might not have their funds refunded to them due to the lack of accountability from an unregistered casino.

3. If the casino is not operating with a license, it is not regulated and therefore it may allow illegal gamblers. Those who are laundering money, blacklisted in legal casinos, minors, etc.

4. If the casino is illegal, it is not paying taxes and therefore not in any way contributing to the community.

5. If the casino is illegal, their games may not be fair as they are not regularly audited and checked by the proper authorities.

There are just so many reasons why illegal casinos should be avoided and reported to authorities.

[plvbob0070]

I am one of those who support online gambling, it should be legal, because there are many positive things that can be obtained.
At least it can reduce the number scammers who are increasingly right now, and most importantly the government must get
a large tax. But there are still many countries who consider it online gambling is an illegal activity, and it's very sad for me. But
fortunately there is a bitcointalk forum that can provide good reviews regarding online gambling.

Of course, we also support online gambling since we are also gambling online. Making online gambling legal will really bring taxes to the government and will make it easier for gamblers to play but it also has its cons that's probably stopping some governments in legalizing it.

Though my country also has restrictions with online gambling, good thing that I can still gamble even with crypto which still gives me enough freedom when gambling online.

[Sanitough]

It is difficult to make gambling legal, especially in a country which is not allow gambling.

It's only not difficult but it's impossible, it's already the government making declaration as gambling is illegal, so there's nothing to do unless they change their stand.

But we see that gambling is allowed in some countries, and gambling contributes by giving taxes to the government. The government can make gambling legal, but the government needs to make some regulations related to gamblers' ages because the kids can play gambling without their parents know. However, that is no guarantee that the kids can't play gambling secretly.

I agree with the @OP about opening gambling, but with terms and conditions, only adult people can play gambling. But still, when it comes to online gambling, it will not easy as the kids can visit on the gambling site anytime they want.

You explained everything that is needed, there's always that restriction when a gambling site or casino is legalized and they need to strictly comply or follow it, and that includes not allowing minors to gamble, and one way to prevent that is by requiring KYC to all gamblers who like to sign up for an account.

However, does the crypto enthusiast people would like this? Knowing crypto is suppose to be for anonymity or privacy.

can we still enjoy the anonymous gambling?

[Ucy]

So, in those 5 countries, it's legal to gamble on betting sites, or it's legal to gamble with your funds on any sites?

What exactly does the laws define as gambling. I think this is one of the easiest ways to know if they understand what they are talking about.

[Janation]

Should the government allow it more openly?

I guess this depends on the country.

I will not go against the government if they will be making this decision the problem is that I don't think it will be as popular as other country's. Most of the bets happening here is in cockfighting, local sports, there are some casinos and usually, the gambling that are happening here are just between people. When there are dead people, they are letting the people gamble there but the government are getting nothing out of it.

[serjent05]

What do you guys think?
Should the government allow it more openly?

I believe that the government should allow gambling openly to take advantage of it especially the taxes.  In my country, gambling industry had contributed a great sum in building infrastructure and giving aid to those who are in need.  They also sponsor several charities.   Gambling Industry maybe frowned upon by some groups but it does help more  in terms of assisting those in needs than any religious group.

[Natalim]

What do you guys think?
Should the government allow it more openly?

I believe that the government should allow gambling openly to take advantage of it especially the taxes.

It should not be a case to a country where people can easily get addicted, that's the reason why there are countries who ban gambling, in addition, we can also consider that some countries value their religion a lot and some religion especially Islam considered gambling is a sin or forbidden, correct me if I'm wrong.

In my country, gambling industry had contributed a great sum in building infrastructure and giving aid to those who are in need.  They also sponsor several charities.   Gambling Industry maybe frowned upon by some groups but it does help more  in terms of assisting those in needs than any religious group.

That's great.. but just like what I have mentioned, not everyone is open for gambling and they can still survive as they can get revenue from other industry.

[Sadlife]

Let me list 5 countries where the Online Gambling is legal and flourishing :

UK
Japan
Germany
Spain France

source

Honestly 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?

I can't understand your logic? How can gambling protect people when its the source for people getting bankrupt? Second of all, it's not a restriction at all for addictions, it can also get you addicted and spend to much without you noticing it.
That's why it's best gamble if you absolutely know the risk or have allocated an enough amount for you to play and enjoy.

[Rosilito]

Are we talking about Online gambling as a whole? Or Crypto gambling only? Cause if it's the former, then I'm all up to it for the government to make gambling an official legal matter. Heck, create a centralized organization for it to avoid scammy sites that appear and to ensure the rules and laws are enforced properly in each country.
-

Exactly I was thinkin'. Besides, I don't see any convincing reasons for the government to stop it. As it is not something that they can just put their hands on, when gambling was always been for entertainment  . Howbeit, it would require as mentioned, multiple requirements to an extent of revealing your entire being to the authorities which everyone won't even be taken with.