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Author Topic: Online Gambling could be used to pay for covid problems  (Read 81617 times)
Lanatsa
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October 25, 2020, 10:23:29 PM
 #101

I don't know why if many people choose to play gambling at this situation. Gambling is not a place to earn money especially for those who play, this is a place to spend money. I do believe that there will be a gambler who just leave the gambling environment due to they didn' have money to play, unless they are gambling addict who can't leave their habbit. And of course for the government, why they have a plan to earn money from the gambling environment, that is really shame for them. They should look another sector which can really encourage economic growth in pandemic situations.

I think they lack entertainment because of this pandemic, and they need to relax by playing gambling as usual. Besides a lack of entertainment, they are usually playing gambling to try to make money. And in these situations, they need money, so they still playing gambling, hoping that they can make money from gambling. I am sure that not many gamblers are still playing gambling in these situations, and many of them are saving their money to buy their daily needs.
Its too dumb for someone to consider on playing gambling for them to earn money amidst this pandemic.Looking for some entertainment? For rich people then yes but for average earners or poor ones
then its better to save and instead of gambling then better to secure those funds out for your living rather than on risking it to gambling.

Dumb we do say but there were people who do really make out such steps just because they do believe that they might able to earn more money if they decide to gamble
which is suicide.Some do risk their last savings and do hope that making money will be next but majority of them are indeed playing with fire.

In result when you do loss? You'll suffer on the consequences that needs to pay off.

R


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October 25, 2020, 11:53:50 PM
 #102


What do you think ?
Is this essential? Would it affect the online casinos?
 
I'd find it more essential this time as a way also to help the government and the country's economy. It won't be a problem to our ends if they just asking a fair amount of fees in following what is stated by the law. However, I don't think that it could be easy for them to regulate online gambling sites since not all of them are being controlled, this very challenging part to even minimize the spread of illegal gambling sites that causes scam and fraud.

But I can also feel how it affects to the fees that every gambler has to pay for every transaction. Probably there is an increase and that it is not favorable to gambler sides which likely they/we don't want it to happen.

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October 26, 2020, 06:37:27 AM
 #103

This has been tried before and it is not very practical. Most of these online gambling sites are registered in small island nations such as Dominica or the Cayman Islands. There is hardly anything that the European Union can do about them. They will avoid paying taxes to the EU, even if a majority of the revenue originates from there. Banning these sites is of no use. In no time they will clone the site and restart the operations.
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October 26, 2020, 07:14:40 AM
 #104

Gambling is getting popular day by day and every day new people are going to involve with it. Online gambling is also being popular accordingly. In the current situation, people can use it at home without going outside. So it can be a big source of money for the government if they strict the rules and regulations. Almost every country is going to enroll tax in the online marketplace and gambling sites so that they can get funds from them. This is all about my thinking regarding online gambling in this situation.

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October 26, 2020, 07:20:03 AM
 #105

Well for those gambling operator that has a Good heart will surely love this idea and support the governments plan.
But of course we can only count in fingers those who has good heart because almost all operators are here to profit and not to spend more than what is the normal taxation.
For my country it is impossible to impose taxes on online gambling, because my country does prohibit gambling activities.
So only countries that do allow gambling can get taxes from online gambling. But for countries that can indeed impose taxes
on online gambling, I think it's natural for them to do that. Because the government definitely needs income in a pandemic
situation like now.
Good for your country that has prohibiting gambling so the government will find other way to impose high taxation and gambling is not part of those.

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October 26, 2020, 07:39:56 AM
 #106

gambling companies donate in the form of tax to the governments and the governments are going to help people that are affected witht the covid ? that sounds nice and i wouldnt mind the excess fee if i know that i can help but how can i know that my money will go to the right people ?

 they expose our privacy by regulating us , we should also do the same to them . this is why many are wanting to implement the blockchain use in the government field  .

 using blockchain can give us transparency but they are still anonymous at the same time  ?
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October 26, 2020, 08:47:55 AM
 #107

gambling companies donate in the form of tax to the governments and the governments are going to help people that are affected witht the covid ? that sounds nice and i wouldnt mind the excess fee if i know that i can help but how can i know that my money will go to the right people ?

 they expose our privacy by regulating us , we should also do the same to them . this is why many are wanting to implement the blockchain use in the government field  .

 using blockchain can give us transparency but they are still anonymous at the same time  ?

No doubt that government will allow the operation of online gambling if and even if they can collect the taxes from it. The mere fact that were in the pandemic situation today where in some other countries no one allowed to go outside that's why online gambling will be the one option for each gambler to be able to continue playing and betting. And nothing is impossible if ever online gambling could be used as pay for covid problems but one thing for sure the taxes may be higher than before.
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October 26, 2020, 09:14:33 AM
 #108

gambling companies donate in the form of tax to the governments and the governments are going to help people that are affected witht the covid ? that sounds nice and i wouldnt mind the excess fee if i know that i can help but how can i know that my money will go to the right people ?

 they expose our privacy by regulating us , we should also do the same to them . this is why many are wanting to implement the blockchain use in the government field  .

 using blockchain can give us transparency but they are still anonymous at the same time  ?
Paying taxes is different from donating. Of course, those tax money came from different businesses will be provided for the betterment of the country especially right now where we experience COVID-19. Online and physical gambling platforms are already earning a lot of money, they should've started donations like freebitco.in where they are donating 20% of the house edge. That's what I mean about tax is different in donations, gambling platforms are already taking advantage of the popularity to earn more since many people are using online due to pandemic.

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October 26, 2020, 10:09:40 AM
 #109

If they want to imposed more laws and they want to regulate and want to impose taxes because they want more revenues to sustain the government need in this pandemic, the gambling operators cannot do anything about it, they can ask for a more lighter measure and taxation but in the end what the government wants they always get it, government are now looking on online gambling to tax because they have seen their revenue.
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October 26, 2020, 12:01:56 PM
 #110

Its too dumb for someone to consider on playing gambling for them to earn money amidst this pandemic.Looking for some entertainment? For rich people then yes but for average earners or poor ones
then its better to save and instead of gambling then better to secure those funds out for your living rather than on risking it to gambling.

Dumb we do say but there were people who do really make out such steps just because they do believe that they might able to earn more money if they decide to gamble
which is suicide.Some do risk their last savings and do hope that making money will be next but majority of them are indeed playing with fire.

In result when you do loss? You'll suffer on the consequences that needs to pay off.

You can say that, but I guess that is out there, people are trying to gamble to make money in this pandemic. They think that playing gambling can be a way for them to earn money. We can not say that what they did is wrong because we don't know their position. But if that is happening to our closest family or friends, we need to remind them that it is not a good way to make money. Maybe we can help them find new jobs for them, or we can use their ability to help us to give them money to buy their daily needs.

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October 26, 2020, 08:41:07 PM
 #111

I am not against it especially if a certain country will do something like these where they are going to tighten their laws against the  online gambling sites in order to get an extra tax that can be use by the government.

If European countries will regulate the online gambling sites then I have no problem with it because they are only doing it in order to  get an extra fund to fight the pandemic. As long as we will not get a huge extra charges then there is no problem but if it will also hurt our pocket because of their action then it is not good anymore.

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October 26, 2020, 11:02:09 PM
 #112

There is some logic behind it and despite the fact that I have been in touch with b2b service providers and was working in online casinos, I have to say that it's not really a bad idea. During pandemic and lockdowns, there was an enormous rise in traffic. It was great for business but it was an indicator that people were spending too much money on casinos. I think most of them wouldn't be very rich, so money was very necessary during this lockdown because you are in stuck, no work and no income. Yeah, people may need entertainment but at the same time we have to consider reality and it's that people can't have much control over themselves when it comes to gambling. For this, we started an active campaign for responsible gambling and I think we played our role in it to inform players and help them to spend less money.

But limitations that Germany sets is very tough, we need moderate control, we shouldn't kill this segment and have to consider that a lot of people work there too and they have their families, they need money.
Another deal to my mind can be if governments increase taxes for a while and use those funds to help people who really need during this covid. I know it sounds like a terrible idea but I believe it's not that bad for a limited time. Here it will be like: Money from those who have a lot goes to those who don't have and need it.

I am with that concept of getting money from those who can afford and give it back to those badly need it.
If they are still gambling despite of the situation, that means most of them can afford to allocate funds for gambling, right?
I don't think a responsible family man will take the risk of sending his money (supposedly for his family's food) to the online casino.
As a gambler, you know the risks involved in these games. So you should not expect that you will win afterwards.
So yes, why not get the tax from these online casinos and give their fair share as they can continuously operate even during this pandemic.
No, no, not everyone realizes those problems. Most people gamble because games and the whole process is designed like you have an affect on your neurotransmitters, especially on the release of dopamine, this is a hormone that rewards us with happiness and also it's the hormone that makes us addicted to something. So a lot of people are becoming addicted to the rush of dopamine cause by gambling. Some people may not realize but they spend more money on gambling than they really can afford, even a family men too.
The decision that's discussed in this thread has it's pros and cons that I already mentioned above. It's like a dilemma where we have to choose between bad and worse for people and economics.

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October 26, 2020, 11:18:17 PM
 #113

What do you think ?
Is this essential? Would it affect the online casinos?

That's a must for fiat online casinos. I don't see anything wrong as if we looked at the positive side, there is a benefit. A good step considering the gambling industry became hype for months in the European region.

But while establishing regulations like that, they should also hunt illegal casino operators to make way for more legit ones to be mostly used.

There is no mention that the crypto-gambling sites will also be affected so crypto gamblers should not think about this.
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October 26, 2020, 11:34:12 PM
 #114

Obviously it is important because not even all continents and countries legalize gambling, so the legalized gambling industry clearly has to pay the government. Regulations are needed in online gambling because the online gambling industry is huge, so it's no wonder the government might update the rules and I don't think that's a problem. They do not intend to shut down online gambling, on the contrary, I am sure that online gambling will be bigger and more advanced and will be used to restore the country's economy.

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October 26, 2020, 11:48:33 PM
 #115

I don't know if it has been shared or not , but Europe is considering to tighten the laws of Gambling especially the online ones. They want to **regulate** it , which actually means that they want these online gambling casinos to pay up the government somehow. 
Tightening the rules and regulations of especially online gambling during this pandemic probably makes sense. For, many people of course will prefer to choose to play casinos online than offline.
The government must know the chance to get more income from the gamblers higher than previously if most heir people are playing online gambling. As we know the government also decreases their income to the country because of this pandemic where many offline businesses are closed ad they can't fulfill the taxes well.

However, their reason is to help pay for the Covid-19 problem?
I don't know exactly what kind of government in that country. However, it is too strange if using covid-19 as the reasons to regulate Casino adj pay up more to the government. It means that if this pandemic ends, the regulation is also over, right?

Does it mean that there will e may more illegal online gambling if they don't want to pay to the government?

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October 27, 2020, 12:43:19 AM
 #116

Since most people choose online due to pandemic, the government has no other choice but to their best to survive and gather funds. Most businesses had closed down even land-based casinos which is one of the bloodlines of government funds had to close due to the lockdown period. The government is struggling and since the number of online gamblers had increased, it is to be expected that the government will surely regulate it.
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October 27, 2020, 10:54:40 AM
 #117

Since most people choose online due to pandemic, the government has no other choice but to their best to survive and gather funds. Most businesses had closed down even land-based casinos which is one of the bloodlines of government funds had to close due to the lockdown period. The government is struggling and since the number of online gamblers had increased, it is to be expected that the government will surely regulate it.

People choose online gambling because they are still afraid to go to the crowd or don't see the casino re-open in their area. The government itself gives a chance to the casino to re-open the casino, so the government can get taxes from the casino, even if that amount is not too bigger as usual.

But I think the government will try to get the business's taxes that can run and make a profit, and I think they will not force the owner to pay the taxes if they can not make a profit. It is difficult to regulate online gambling since the government needs to track one by one of the sites to find their location.

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October 27, 2020, 06:20:54 PM
 #118

The pandemic has hit every nation very hard and economies are struggling to survive and that's why governments are left with no other option to gather funds or income from various sources.The main source for government is tax receipts from all the businesses and that is what European federal state is planning to do so but there is one problem that government involvation will pose certain restrictions on gambling sites like use of fair means,KYC,crypto restrictions and such things can lead to lack of interest among users.Moreover the house edge will be reduced or they will charge more commission from the users as they have to pay the taxes to the government.So we can say it has both pros and cons.

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October 27, 2020, 06:21:36 PM
 #119

Just ironic though, governments are blaming gambling because they said that it is harmful specially if someone becomes an addict, so it's illegal per se. And now they are shifting focus and wanted to tighten it because it could be used to pay for covid problems? Double standard. I'm not down with this one, and it seems that they don't have any resources to help the covid pandemic and they will have to get it from online/offline gamblers.

Although the intention of the government is noble, I do not think they realize the opportunity it could garner with its regulation though. If the government were to implement strict standards and rules, it may bring a negative impact on the online gambling industry as a whole in the country rather than a positive impact.

This whole covid pandemic has shifted most businesses to adjust with the given circumstances. Most businesses nowadays prefer online delivery systems or online work in order to cope to adjust. With online gambling being one of those businesses that has been thriving, I see that the government would most probably implement tax one way or another.
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October 27, 2020, 06:32:08 PM
 #120

Just ironic though, governments are blaming gambling because they said that it is harmful specially if someone becomes an addict, so it's illegal per se. And now they are shifting focus and wanted to tighten it because it could be used to pay for covid problems? Double standard. I'm not down with this one, and it seems that they don't have any resources to help the covid pandemic and they will have to get it from online/offline gamblers.

Although the intention of the government is noble, I do not think they realize the opportunity it could garner with its regulation though. If the government were to implement strict standards and rules, it may bring a negative impact on the online gambling industry as a whole in the country rather than a positive impact.

This whole covid pandemic has shifted most businesses to adjust with the given circumstances. Most businesses nowadays prefer online delivery systems or online work in order to cope to adjust. With online gambling being one of those businesses that has been thriving, I see that the government would most probably implement tax one way or another.

Why would really they need to avoid taxes? Even businesses do make out some switches or transition but doesnt mean on that way they can avoid on paying up their obligations.
It isnt really just right for them to do so and its just normal for government to be keen about taxes yet this is one of the way for sustaining this pandemic but if these funds
are really used in good way not just on being corrupted.So this will vary on each country though and for businesses where they shouldnt really be forgetting their obligations
even they switch up online.Everything would go back to normal but still theres no change into that manner.

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