The gambling black market thrives in Britain

[bitbunnny]

If people prefer the black market (with all its risks and disadvantages) then this means that the government does a shitty job and the "white" market has the worst conditions. It works the same in all areas, excessive taxes, regulation and other restrictions on the rights of people lead to the fact that they try to avoid it and thus a black market appears.

It is not just that, black market have a loyal customers and the head of the operations knows a lot of people. Not to mention that the money you mean on the underground are tax free, and if I am right, they do not profit big on gambling, they want the loan sharking part of the operations. It is partly the fault of legal gambling businesses and the authorities on why this underground gambling dens are not dying, the businesses are strict and the wins are not that great, on the authority side, they seem to enjoy the profits of corruption.

This is exactly what I said - if you impose inadequate taxes, then people start to evade them and a black market arises. This also applies to other restrictions. The easiest way to defeat the black market is to have adequate rules and regulations in the white market.

Even having that adequate rules and regulations in a legal market wouldnt still be a viable solution because there would be people/owners would really be going into this path.

Some would go align with paying up the right  tax and there would be some that wont really be tending to pay which do really ends on this.

Its no surprise that each government would really have different take when it comes to gambling industry or business.

I agree, no matter how regulated and neat gambling market is there will always be some who will turn to the dark side. It's just too tempting and it promiises good money.
I don't think that repression will actually help and I"m not fan of too strict measures and big punishments but sometimes governments don't have much choice and I guess that people who play honest, both owners and players, deserve that and message should be sent to the dark side of gambling industry.

[Lorence.xD]

~

This is exactly what I said - if you impose inadequate taxes, then people start to evade them and a black market arises. This also applies to other restrictions. The easiest way to defeat the black market is to have adequate rules and regulations in the white market.

It is good that we are on the same page but the problem here is that the authorities will have a hard time making leeway because that would mean that their revenue on taxes would be hurt significantly and a lot of their enforcement agencies will be losing their task force of cracking down underground gambling which is a parasitic cycle that they wouldn't want to end. And the leeway that I am talking about needs to be so public favoring that no one even wants to go underground anymore.

[South Park]

It is easy to see why there is a black market for gambling, casinos are heavily taxed and while they can still earn great profits out of it many people prefer to open illegal casinos and get more profits that way, but then why customers use illegal casinos? One answer is that they do not know they are using an illegal casino, but another option is that since the casino is not paying taxes they could offer better odds to their customers and they prefer to use such casino despite its illegal nature.

Its hard to digest that statement that they didn't know if the casino is illegal since they can always do a certain verification to know if they are dealing with legal and not, But what I think many people choose to play in black market gambling is due to restrictions what legal have also people want anonymity as well some of  black market casino is so exciting to play especially if we know the risk and how the play executed.

I really think that a great deal of the people that are gambling in illegal casinos do not really know that they are illegal, after all who is going to ask for a gambling license when they are gambling in a physical casino, very few people are going to do that, however as I said before I think that the biggest reason has to do with the odds, regulated casinos simply by the fact that they have to pay taxes have to offer worse odds in order to pay for that while a casino that is illegal doesn't have to do that and offers better odds and people for the most part are going to choose the cheaper product, sometimes even when they know such product is illegal, it is not correct but that is the way it is.

[Saint-loup]

If people prefer the black market (with all its risks and disadvantages) then this means that the government does a shitty job and the "white" market has the worst conditions. It works the same in all areas, excessive taxes, regulation and other restrictions on the rights of people lead to the fact that they try to avoid it and thus a black market appears.

You are right, government shouldn't blame gamblers, it should ask itself what it is doing bad in the legal gambling area instead. Internet hasn't been designed for being easily regulated, it has been designed for being as decentralized as possible so people will always find a way to bypass government restrictions.

[FlightyPouch]

If people prefer the black market (with all its risks and disadvantages) then this means that the government does a shitty job and the "white" market has the worst conditions. It works the same in all areas, excessive taxes, regulation and other restrictions on the rights of people lead to the fact that they try to avoid it and thus a black market appears.

You are right, government shouldn't blame gamblers, it should ask itself what it is doing bad in the legal gambling area instead. Internet hasn't been designed for being easily regulated, it has been designed for being as decentralized as possible so people will always find a way to bypass government restrictions.

Does this gambling black market include online casinos? There are a lot of online casinos they can play but I don't know if that is included there. Considering the fact that the country is experiencing the worst in this pandemic, they should also consider taking care of themselves and limit to go to these land-based casinos.

[KTChampions]

This is exactly what I said - if you impose inadequate taxes, then people start to evade them and a black market arises. This also applies to other restrictions. The easiest way to defeat the black market is to have adequate rules and regulations in the white market.

It is good that we are on the same page but the problem here is that the authorities will have a hard time making leeway because that would mean that their revenue on taxes would be hurt significantly and a lot of their enforcement agencies will be losing their task force of cracking down underground gambling which is a parasitic cycle that they wouldn't want to end. And the leeway that I am talking about needs to be so public favoring that no one even wants to go underground anymore.

Yes, this is the essence of government work. They come up with problems, then come up with solutions (which cost money) and this is repeated in many areas. And based on this absurd cycle, it is assumed that government as a whole is useful (which is a controversial claim). If we do not resist the growing powers of the government, then over time the situation will be such that citizens will actually be recognized as incapacitated and all decisions will be made by officials.

[Fredomago]

-Despite having Gambling as a controlled legal sport the black market continues to flourish. WHY ?
What are your opinions?
What are your thoughts ?
Have you ever tried Gambling in the black market ?

There are gamblers who will always play in a place where there is little or no regulations at all, some of these are hub of illegal activities like drugs and sex which you can't never find in a regulated casinos, this kind of places are being raided and authorities are always on the watch on this kind of gambling hub, many of them are bribing the authorities that is why they are thriving.

Indeed, despite of this current  situation there are still people who continue to work with this kind of business. Lots of illegal doers are still at large and government even they are doing adjustment part of their bodies are involve with this illegal activities.

If people prefer the black market (with all its risks and disadvantages) then this means that the government does a shitty job and the "white" market has the worst conditions. It works the same in all areas, excessive taxes, regulation and other restrictions on the rights of people lead to the fact that they try to avoid it and thus a black market appears.

You are right, government shouldn't blame gamblers, it should ask itself what it is doing bad in the legal gambling area instead. Internet hasn't been designed for being easily regulated, it has been designed for being as decentralized as possible so people will always find a way to bypass government restrictions.

Gamblers will find ways to continue this kind of activities, they will look for convenience even there is risk. Most of them also involved with illegal activities.

They are enjoying this underground economy since they're qualified since the money that they'll bringing is also coming from black market, they are just continuing to patronize this kind of business.

Adjustments needs to start with government, adding strong and effective rulings making it more strict to combat this kind of activities.

[maydna]

There are gamblers who will always play in a place where there is little or no regulations at all, some of these are hub of illegal activities like drugs and sex which you can't never find in a regulated casinos, this kind of places are being raided and authorities are always on the watch on this kind of gambling hub, many of them are bribing the authorities that is why they are thriving.

That place will be available in many countries, but we don't know where the place is because people who always visit that place will not tell other people that they don't know. They always take care to tell the place to other people because if they share the place with many people, the government and the police can raid the place and catch all people who play gambling on that place. If we don't want to get a problem with the government and the police, we better stay away from that place and only playing gambling on the legal casino around our city, but that is only if the gambling activity is legal in your city. But we can play gambling online, especially we all use crypto to gamble, so that will be no problem for us to play anytime and anywhere unless the casino blocks the connection in our country.

[Silberman]

If people prefer the black market (with all its risks and disadvantages) then this means that the government does a shitty job and the "white" market has the worst conditions. It works the same in all areas, excessive taxes, regulation and other restrictions on the rights of people lead to the fact that they try to avoid it and thus a black market appears.

It is not just that, black market have a loyal customers and the head of the operations knows a lot of people. Not to mention that the money you mean on the underground are tax free, and if I am right, they do not profit big on gambling, they want the loan sharking part of the operations. It is partly the fault of legal gambling businesses and the authorities on why this underground gambling dens are not dying, the businesses are strict and the wins are not that great, on the authority side, they seem to enjoy the profits of corruption.

This is exactly what I said - if you impose inadequate taxes, then people start to evade them and a black market arises. This also applies to other restrictions. The easiest way to defeat the black market is to have adequate rules and regulations in the white market.

I agree that taxes that are too high and too much regulation to an industry will push many people to black markets, but at the same time while this can increase compliance there are always going to be people which will try to get around those legislations and avoid paying their due taxes, that is just simply how it is, after all if the bribes that they can pay to the local authorities to turn a blind eye to their operations are still lower than the taxes they need to pay then they will turn to the black market in a heartbeat.

[uneng]

-Despite having Gambling as a controlled legal sport the black market continues to flourish. WHY ?
What are your opinions?

Well, I think you have already answered your own question. Look below:

-more illegal things are drug dealing and money laundering might be connected with such cases.

People look for illegal casinos to do things they can't have access at the regulated ones.
Or maybe do gamblers think the illegal ones reward the gamblers better than the legal operating houses? Lol.

-there is no minor protection policies

But curiously not all illegal casinos accept underage gamblers. In my country there are casinos which will ask a young person for an ID before entering the house. Maybe it's a deal these casinos have with local authorities who turn a blind eye to illegal gambling since they respect at least minor protection policy.

[pixie85]

Now why should it be a matter of concern?
- With the new Variant already in the UK these illegal platforms might be a hub for the fast spread of COVID plaguing the whole world
-there is no minor protection policies
-more illegal things are drug dealing and money laundering might be connected with such cases.

Covid is already spreading and will continue. The only way to fight it is to go through it and become stronger or vaccinate. People can carry covid and not even be aware of it so you have the same probability of getting it in a bank or a post office as you have in a casino.

Drug dealing in a casino? If someone is familiar with the black market they can get drugs with ease. They don't have to go to a casino to get them.

[BuNga_cute]

I believe that illegal gambling does not flourish in the UK alone, but in some countries where gambling is prohibited. Because gambling can be addictive,
it is therefore taken advantage of by several large mafias to provide illegal gambling. Another thing that makes illegal gambling thrive is the very
large circulation of money, this is what makes the gambling industry very high demand. Moreover, illegal gambling does not need to pay taxes,
it encourages the gambling black market to be everywhere and difficult to eradicate. Because the benefits generated by illegal gambling are much
greater than legal gambling.

[Dutchyyy]

The UK requires a separate license. For example, Curacao licensed sites are not the UK licensed.

Every site that doesn't hold the UK license is a 'black-market' site to the BGC. E.g., 99% of the crypto sites are black-market.

So the article and data are misleading to me. People are not gambling in some dark illegal rooms; they are just using non-UK licensed sites in most cases.

[ethereumhunter]

I believe that illegal gambling does not flourish in the UK alone, but in some countries where gambling is prohibited. Because gambling can be addictive,
it is therefore taken advantage of by several large mafias to provide illegal gambling. Another thing that makes illegal gambling thrive is the very
large circulation of money, this is what makes the gambling industry very high demand. Moreover, illegal gambling does not need to pay taxes,
it encourages the gambling black market to be everywhere and difficult to eradicate. Because the benefits generated by illegal gambling are much
greater than legal gambling.

It is not surprising if we see a raid on illegal gambling in many countries because the government the illegal thing that they can not control. It is hard to search for that illegal gambling sites which available in many countries because people want to gamble in that place and do not want to get more regulations such as paying taxes. The circulating money in that illegal casino is bigger, and that is why the government wants to close or shutdown that place. But if the owner wants to join with the government, the government will help them, and the government can get taxes from them.

[Lorence.xD]

~

Yes, this is the essence of government work. They come up with problems, then come up with solutions (which cost money) and this is repeated in many areas. And based on this absurd cycle, it is assumed that government as a whole is useful (which is a controversial claim). If we do not resist the growing powers of the government, then over time the situation will be such that citizens will actually be recognized as incapacitated and all decisions will be made by officials.

What you are saying is right but I have to disagree with you, government is not the only one to blame when the problem arises, the people that supported them and voted for them are part to blame because they were dumb enough to elect those hijo de puta in the first place. The only way that this abusive and corrupt government can be resolved is if all their people are smart and knows that enough is enough and they have to act on it, the people has the power to get those people in power then they also have the power to put them out.

[3meek]

In illegal gambling clubs, if it is not an online casino, comes the appropriate people... I happened to visit one of them... I can only say that playing at home online is much better and safer!

[Mauser]

In illegal gambling clubs, if it is not an online casino, comes the appropriate people... I happened to visit one of them... I can only say that playing at home online is much better and safer!

Same goes for me, I just wouldn't feel safe to handle large amounts of money at these places. As long as you are losing everything is probably fine, but if you ever manage to win big. Who will guarantee that you will receive all your winnings? If something goes wrong you can't go to the police or the court to get your money back, since it's illegal winnings.

[XCANA]

In illegal gambling clubs, if it is not an online casino, comes the appropriate people... I happened to visit one of them... I can only say that playing at home online is much better and safer!

Was unfortunate to have fell into something i wanted not but becasue of my mindset towards gambling i choose to gamble whenever i have the funds. Whenever dealing with illegal gambling platform if anything happen nothing could be done to these platform because the police won't get involve. Some years back i lost a whooping sum of money $3000 but couldn't make any report to my local Police, i won't advise anyone to get involve into illegal gambling.

[ene1980]

Was unfortunate to have fell into something i wanted not but becasue of my mindset towards gambling i choose to gamble whenever i have the funds. Whenever dealing with illegal gambling platform if anything happen nothing could be done to these platform because the police won't get involve. Some years back i lost a whooping sum of money $3000 but couldn't make any report to my local Police, i won't advise anyone to get involve into illegal gambling.

I am gambling only in crypto based gambling sites but earlier used to gamble with some of the reputed sites but never checked whether they are illegal or legal according to the authorities, all i check is whether is having any major complaints from users and if they are clean i usually gamble and i never faced any problem with any of the sites and the reason users are attracted to black market sites might be because they might be giving more offers than legal sites. I would like to know how you lost $3000 and in which site?.

[KTChampions]

Was unfortunate to have fell into something i wanted not but becasue of my mindset towards gambling i choose to gamble whenever i have the funds. Whenever dealing with illegal gambling platform if anything happen nothing could be done to these platform because the police won't get involve. Some years back i lost a whooping sum of money $3000 but couldn't make any report to my local Police, i won't advise anyone to get involve into illegal gambling.

In fact, the opposite is true - if you lose money in an ordinary legal casino, then you cannot do anything since everything is legal and you cannot dispute the result of the games. But if you lost money in an illegal casino, then from the point of view of the law, this is an insignificant (in terms of law) transaction and you may well file a complaint with the police or court in order to get your money back.