Online Gambling could be used to pay for covid problems

[ethereumhunter]

Every business should really paying off some tax yet this one is the major contributors when it comes to taxes and if government wont ask out such tax then there would be no further developments that can be seen
on a certain country.So as a business owner you wont really have any choice but to abide with the rules.This isnt just for the sake for this new covid problem solutions but also this is a typical way on
having a growth on certain country.This isnt limited to gambling business alone but in all sorts of business that do exist.

Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.

[Salauddin1994]

Online gambling can help the government solve the epidemic problem if everything is closed due to the epidemic gambling is going on then the government can help the government to solve the problem of corona virus if we get tax from gambling here. This will enable the country's economy to improve very quickly from the government's point of view the government can quickly attract tourists through legal and regulated casinos more tourists means more foreign exchange earnings the government can earn money directly from casinos and by taxing money won in gambling. Successfully run casinos through the legal process can directly and indirectly increase employment in a country if there is more investment in gambling the government's income will also increase..

[TopT3ns]

Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.

So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.

[Mauser]

Online gambling can help the government solve the epidemic problem if everything is closed due to the epidemic gambling is going on then the government can help the government to solve the problem of corona virus if we get tax from gambling here. This will enable the country's economy to improve very quickly from the government's point of view the government can quickly attract tourists through legal and regulated casinos more tourists means more foreign exchange earnings the government can earn money directly from casinos and by taxing money won in gambling. Successfully run casinos through the legal process can directly and indirectly increase employment in a country if there is more investment in gambling the government's income will also increase..

In my opinion the revenues from casinos are not sufficient to cover the corona pandemic losses. Sure we saw a rise in online gambling with more casinos being opened and more people start to ie online casinos. But what we shouldn't forget is that the physical casinos had to close down. Most of the new online gamblers likely just switched from physical to online gambling.

It would be better to ask companies who profit the most during the pandemic to pay. Just look at amazon.

[abhiseshakana]

So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.

Even online gambling is one of the methods used by gambling entrepreneurs to circumvent restrictions issued by the government. With the internet network making gambling easier to do, age restrictions that are usually applied by land-based casinos, but in online gambling, this will be difficult to control. Although the government has blocked unauthorized gambling sites, this method is still highly inefficient.

It is undeniable that online gambling has great potential as a source of tax revenue for the government and may be used as an additional to cover the costs of Covid, but if there are still people trying to avoid it, then this source of tax revenue will not be optimal.

[Janation]

Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.

So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.

But in that case, don't they have any regulations for these types of casinos?

It is failing to follow the rules and regulations of the country so the best way or step to them is to ban that online casino in the country for people to avoid using it but then again we have VPN to use, which makes it really hard to find a solution. How can a government implement these kinds of regulations with these types of casinos?

[angrybirdy]

Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.

So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.

I don't think so, the rules given by the government still applies especially in online gambling sites that uses local currency. The terms and condition will always apply in this matter. It is just that, the user always disregard it that's why those rules are just getting wasted.

[Debonaire217]

We should ask why most of the gambling platforms online especially those who are crypto-based online casinos are registered on Curacao, that is because the regulation of cryptocurrencies there are favorable to the casinos themselves. That means that as an owner running a cryptocurrency business, they often value their interests rather than to pay too much in taxes by registering on their own nation. I'm sure, every country has a casino regulation and they strictly impose a huge tax on this business. But the good thing here, physical casinos couldn't escape their country's regulation which will definitely help the economy by the tax. Thus, it could mean that the government has most of the responsibility to use the funds to help fight against covid problems.

[hahay]

Regulate online casino's? Perhaps it can be easy said than done. From what i see, the heavily affected by the new law will be the fiat based casino's. Because cryptocurrency types of gambling sites are pretty hard to regulate especially when the site, is not Europe based. People can just migrate their funds to those funds who doesn't require KYC.

If the fiat casino is not European based, doesn't that also have different rules and becomes difficult, the regulations are just a gambling site based in Europe so fiat or cryptocurrency will get the same rules. Maybe it will be tightened because the rules are made to restore the economy and I think there is nothing wrong with it, maybe it is just a temporary rule and maybe it can change at any time.

[milewilda]

We should ask why most of the gambling platforms online especially those who are crypto-based online casinos are registered on Curacao, that is because the regulation of cryptocurrencies there are favorable to the casinos themselves. That means that as an owner running a cryptocurrency business, they often value their interests rather than to pay too much in taxes by registering on their own nation. I'm sure, every country has a casino regulation and they strictly impose a huge tax on this business. But the good thing here, physical casinos couldn't escape their country's regulation which will definitely help the economy by the tax. Thus, it could mean that the government has most of the responsibility to use the funds to help fight against covid problems.

Wont be just limited to gambling business alone but in other businesses as well but we know that gambling business does generate millions of revenue which
it is really just worth for them to pay up some tax because we know on how important it is on countries development and other purposes just like now on
where we do hit up by a pandemic so badly where this one compensate to those expense and would really be helpful.It would really just vary on
countries type of government if they are really that truthful into their positions or wont really making any corruption act.

[bitbunnny]

We should ask why most of the gambling platforms online especially those who are crypto-based online casinos are registered on Curacao, that is because the regulation of cryptocurrencies there are favorable to the casinos themselves. That means that as an owner running a cryptocurrency business, they often value their interests rather than to pay too much in taxes by registering on their own nation. I'm sure, every country has a casino regulation and they strictly impose a huge tax on this business. But the good thing here, physical casinos couldn't escape their country's regulation which will definitely help the economy by the tax. Thus, it could mean that the government has most of the responsibility to use the funds to help fight against covid problems.

Wont be just limited to gambling business alone but in other businesses as well but we know that gambling business does generate millions of revenue which
it is really just worth for them to pay up some tax because we know on how important it is on countries development and other purposes just like now on
where we do hit up by a pandemic so badly where this one compensate to those expense and would really be helpful.It would really just vary on
countries type of government if they are really that truthful into their positions or wont really making any corruption act.

Maybe gambling industry is very lucrative and like you say we might talk of millions. However, taxation of this industry or taxation in general will not help economies to recover after the covid crisis. The problem is much deeper and there is actually no business who isn't affected so countries need very comprehensive recovery plan and new taxations are not solution. So, I don't believe that gambling industry could help in significant way to fight consequences of covid crisis.

[Clement Kaliyar]

Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.

What if the casino is virtual and how do you propose on taxing them if they are registered and located in a free heaven. It is impossible for them to tax them, all they can do is impose a complete ban of online gambling and encourage gambling houses to register with the government to get the approval to run the site, you know and everyone knows that it is impossible to come with that kind of restrictions.

[FlightyPouch]

Casinos are booming at the time of pandemic so there's no downside for this since it can help people and it's beneficial to the economy also since for now the economic state is not really good and it's good to have a certain outlet where the government can take funds to use to fight the pandemic as well for the other things that needed to take care. And there's nothing wrong with regulation since if the casino is regulated the gamblers can assure that they are safety.

In terms of our country, I think there will be a negative result to this and this will be taken by the people as an insult since they think that our national government is not handling the funds that well. A lot of projects got cancelled is with the current issues and situations our country is facing, people are trying to point it all out that the government are the ones at fault why things are worsening so, yeah, there is that.

Well, the only ones that has been cancelled are those good project that will help the whole country to rise again because of this pandemic, and the ones that continues and has been approved by the Government here in Philippines are those shitty projects that should have been not the priority in the amidst pandemic.

In short, I bet even the taxes they get in the casinos are getting stolen as well by them and they just pretending to spend it to something shitty again but the truth is they are putting it in their bank accounts. Nothing's gonna help if the Government of a certain country is corrupt and very incompetent.

Not just good, it is one of the great projects or plan for the country as it will protect the people and will have a budget for such gruesome situations like what just happened. What I am trying to say here is that if they will be imposing more taxes to gamblers, people will be enraged since they want more taxes while they can't even handle those well. They should just let the gamblers do their donations, because I know a lot of them are willing to do that.

[slapper]

Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.

What if the casino is virtual and how do you propose on taxing them if they are registered and located in a free heaven. It is impossible for them to tax them, all they can do is impose a complete ban of online gambling and encourage gambling houses to register with the government to get the approval to run the site, you know and everyone knows that it is impossible to come with that kind of restrictions.

I agree with you. We cant never tax those country. But the government will usually try to ban gambling website from those countries to operate in domestic territory. Look at China. They truy to shut down foreign gambling websites which have a huge number of local users

Tax is obglitory. But if I have a chance, i will try to avoid paying tax. Using my money for some non profit organizations is a better option since they use funds in a transparent way which we can supervise. I cant trust my government much

[iTradeChips]

I am not really sure if I could call it regulation but I think our country is already doing it with the POGOs. These are online gambling sites that are being taxed and the taxes are being used for medical benefits for the poor through the government agent PAGCOR. As such is already happening here and possibly elsewhere, I do not see anything wrong with this being implement in Europe and the Americas. Such taxation would be helpful in their respective countries.

[ralle14]

It's hard for this online casinos to obey every rules from the government, they might follow some just to continue facilitating if they
have licensures from that specific place.

But nonetheless, they will not follow those rules that may affect their profits. There are illegal gambling around which mostly being
used by the underground gamblers, this place won't be affected or doesn't care to any government laws.

Some online casinos have no choice but to follow the rules even if it's going to cost them their profits since they chose to operate there but not every country have the same rules when it comes to gambling. Overall only a few casinos will be affected by these changes since the majority of online casinos we know are regulated by Curacao and from what I know they're less strict compared to the others.

[shoreno]

Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.

What if the casino is virtual and how do you propose on taxing them if they are registered and located in a free heaven. It is impossible for them to tax them, all they can do is impose a complete ban of online gambling and encourage gambling houses to register with the government to get the approval to run the site,

if that is the only way to get rid of the illegal gambling that are happening online , i will support that movement  . not only that we can combat tax evaders but we can also combat those scammers . they will think twice to scam if they are already registered under the government because the efforts that they make on making thier business legal will be wasted and they cant also hide because they already provided thier records right at the start . tax can be a big help now that countries are suffering from the effects of the covid19 .

[ethereumhunter]

So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.

Maybe the casino that does not follow the government's rules doesn't have a license, so they don't think that following the rule is necessary. But if that is happening like that, maybe that casino will get something bad from the government because they don't follow the rule. I don't know how online gambling can follow the rule because they are not bound by one country. But I am not sure about that.

What if the casino is virtual and how do you propose on taxing them if they are registered and located in a free heaven. It is impossible for them to tax them, all they can do is impose a complete ban of online gambling and encourage gambling houses to register with the government to get the approval to run the site, you know and everyone knows that it is impossible to come with that kind of restrictions.

I think the online casino will search for the country that does not apply any tax for any online business. If they can get it, they will not have to think about the tax, and they will run their business smoothly. If that so, the government needs to make a regulation related to the online casino so they can still get taxes from the gambling business.

[Golftech]

if that is the only way to get rid of the illegal gambling that are happening online , i will support that movement  . not only that we can combat tax evaders but we can also combat those scammers . they will think twice to scam if they are already registered under the government because the efforts that they make on making thier business legal will be wasted and they cant also hide because they already provided thier records right at the start . tax can be a big help now that countries are suffering from the effects of the covid19 .

It gives more securities to gamblers who will use the platforms, most gamblers
inspect license from each  sites that they'll visiting wanting to make sure that their
money is safe incase something happened while playing, there's someone who can
help them once they report their case. Gamblers will be much comfortable using the
site and with the license  government have the rights to tax those existing business,
as they  really needed sources  for  rehabilitation of the entire country.

[ice098]

So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.

Maybe the casino that does not follow the government's rules doesn't have a license, so they don't think that following the rule is necessary. But if that is happening like that, maybe that casino will get something bad from the government because they don't follow the rule. I don't know how online gambling can follow the rule because they are not bound by one country. But I am not sure about that.

What if the casino is virtual and how do you propose on taxing them if they are registered and located in a free heaven. It is impossible for them to tax them, all they can do is impose a complete ban of online gambling and encourage gambling houses to register with the government to get the approval to run the site, you know and everyone knows that it is impossible to come with that kind of restrictions.

I think the online casino will search for the country that does not apply any tax for any online business. If they can get it, they will not have to think about the tax, and they will run their business smoothly. If that so, the government needs to make a regulation related to the online casino so they can still get taxes from the gambling business.

To be honest applying you casino business for business permit and registration to the government for legal operation would cost a lot for a business owner but having a licensed to operate was its big advantage or its card to compete to other casinos. So definitely once a casino business be it real business or online gambling that doesn't follow the rules of the government were for sure do not have a license to operate.