Government Owned Online Casinos What Do You Think Of Its Potential

[Zlantann]

Government have no business in business rather it's role is to make favorable policies and create a conducive environment for business to operate smoothly. In my country the government is not a good businessman. Most of government business has collapse due to corruption, tribalism and inefficiency. Hence, if government establishes online casinos it is bound to fail except they privatize them. If the insist to run them, these casinos would be marred by corruption and low services. I don't think I would encourage anyone to play games in any government online casino.        

[dunfida]

Government have no business in business rather it's role is to make favorable policies and create a conducive environment for business to operate smoothly. In my country the government is not a good businessman. Most of government business has collapse due to corruption, tribalism and inefficiency. Hence, if government establishes online casinos it is bound to fail except they privatize them. If the insist to run them, these casinos would be marred by corruption and low services. I don't think I would encourage anyone to play games in any government online casino.        

You cant really be sure that they arent owning some business which is operating on a certain country yet we know that they are really good on masking out theirselves and pretending that they are just simply running or

letting off businesses which we cant be even sure off if they do own one of those businesses that running around.You cant really able to determine on having  that but if they do tend to make out some announcement or

letting the community know that they are making such operation then i dont see anything wrong with that as long the services is good and could really be beneficial in terms of economic aspect.
Doesnt really matter if a casino is been run by the government or run by a private individual because revenue would be always taxed, there might be difference in % but wont really be that much.

[KTChampions]

Government have no business in business rather it's role is to make favorable policies and create a conducive environment for business to operate smoothly. In my country the government is not a good businessman. Most of government business has collapse due to corruption, tribalism and inefficiency. Hence, if government establishes online casinos it is bound to fail except they privatize them. If the insist to run them, these casinos would be marred by corruption and low services. I don't think I would encourage anyone to play games in any government online casino.        

This happens not only in your country, but absolutely in any other, even the most civilized one. Such is human nature - if you dispose of something, then one way or another you will dispose of it in your favor and no things, even like the death penalty (look at the example of China), will change anything. The only chance to avoid corruption is to remove its possibility - that is, an official should not conduct business at all, this is the business of private individuals.

[gunhell16]

The Covid is still here and we are still in a pandemic, I have a topic where Macau is struggling to keep their casinos open despite the spike in their country

Macau's Casino Operation Continues Despite The Latest Outbreak

What do you think if these countries or cities that totally depends on their casino for their revenue to keep the economy floating launch their own online casinos, there are already online casinos based in Macau or a country where land casinos are government-owned but it's privately funded what I mean is government-owned.

Will they get enough support, will they get a huge slice of the market that is ruled by companies, they have the funds and they have the reputation because they are government who are more established and will be more compliant

As long as they have the fund, and ruled by the companies they can stand for sure even they are facing pandemic period of time, and besides Macau is not the only country facing this circumstances.

Besides, there are some people who are jobless and don't have anything, so their small capital probably will be use for hoping to win in the gambling casinos, therefore, if these people are many Macau could possibly survive anyhow..

[stadus]

Government have no business in business rather it's role is to make favorable policies and create a conducive environment for business to operate smoothly. In my country the government is not a good businessman. Most of government business has collapse due to corruption, tribalism and inefficiency. Hence, if government establishes online casinos it is bound to fail except they privatize them. If the insist to run them, these casinos would be marred by corruption and low services. I don't think I would encourage anyone to play games in any government online casino.        

This happens not only in your country, but absolutely in any other, even the most civilized one. Such is human nature - if you dispose of something, then one way or another you will dispose of it in your favor and no things, even like the death penalty (look at the example of China), will change anything. The only chance to avoid corruption is to remove its possibility - that is, an official should not conduct business at all, this is the business of private individuals.

That is definitely true, a government shouldn't have a business where they need to put a certain person to officiate that same business because that's where the corruption usually starts especially if that includes generation of huge loads of money as that certain official will just make things in his/her favor. The only safe thing to do is just get the said revenues from these businesses and just let the private group to man this operations.

[darkangel11]

I don't like anything centralized and I wouldn't support a government casino. That's one point a libertarian could make.

The other is that we are all free to do what we want in business and that should include the government as long as it plays by the rules and doesn't take over other people's businesses or give itself a license and nobody else to eliminate the competition.

You should expect this to happen sooner or later because governments have too much power and they like to abuse it. After all they're just people.

[serjent05]

I don't like anything centralized and I wouldn't support a government casino. That's one point a libertarian could make.
The other is that we are all free to do what we want in business and that should include the government as long as it plays by the rules and doesn't take over other people's businesses or give itself a license and nobody else to eliminate the competition.

You should expect this to happen sooner or later because governments have too much power and they like to abuse it. After all they're just people.

You don't like anything centralized yet you will implement it once you have your family.    Anyway, it is your right whether to support or not your country's means of income.  As for me I don't mind the government controlling the gambling activity in my country.  If a Casino can fund several projects of government then I don't mind the government owning them (Casino).  Besides letting private companies monopolize a country's gaming industry will make the government earn less.  From 100% income if the government own the casino down to 15%-30% tax if a private company own them.  Let alone these private company also knows how to cheat the Government of its taxes.

[blockman]

That is definitely true, a government shouldn't have a business where they need to put a certain person to officiate that same business because that's where the corruption usually starts especially if that includes generation of huge loads of money as that certain official will just make things in his/her favor. The only safe thing to do is just get the said revenues from these businesses and just let the private group to man this operations.

Big money is going there and sure a lot of corruption really happens if it's related to the government. They can have it audited but they'll do some tricks for the records just for that money to go afloat and be owned by someone else. Not in a way that a gambler will win but it's like where they'll spend that for budgeting but the real thing won't exist or barely exist. I think most countries have a say on this and only a few will be in favor of it.

[Fatunad]

Government have no business in business rather it's role is to make favorable policies and create a conducive environment for business to operate smoothly. In my country the government is not a good businessman. Most of government business has collapse due to corruption, tribalism and inefficiency. Hence, if government establishes online casinos it is bound to fail except they privatize them. If the insist to run them, these casinos would be marred by corruption and low services. I don't think I would encourage anyone to play games in any government online casino.        

This happens not only in your country, but absolutely in any other, even the most civilized one. Such is human nature - if you dispose of something, then one way or another you will dispose of it in your favor and no things, even like the death penalty (look at the example of China), will change anything. The only chance to avoid corruption is to remove its possibility - that is, an official should not conduct business at all, this is the business of private individuals.

That is definitely true, a government shouldn't have a business where they need to put a certain person to officiate that same business because that's where the corruption usually starts especially if that includes generation of huge loads of money as that certain official will just make things in his/her favor. The only safe thing to do is just get the said revenues from these businesses and just let the private group to man this operations.

We cant eventually tell if its a government-owned casinos or not because informations something like this doesnt surfaced out even just by simply asking on whose owning this casino then for sure you wont really be getting any accurate answers thats why pointing it out on whose the owner is something that cant be known but i dont see something wrong if it owned by the government but as long its revenue or taxes is really
applied truly on where it should be applied then i dont think that there would be issues but the main question is, would they fully make use of government funds to build that casino or they would really
be making use of their personal and make some cooperative and sharing up revenues? this is where next questions needed to be answered.

[STT]

The one positive to government owning gambling operations is it would help to subsidize fiscal budget and alleviate tax revenue requirements.   However theres much need for direct government involvement, even China allows 3rd parties to operate various establishments via a licensing arrangement.   Basically alot of modern business is operated like a Royal charter from a thousand years ago, people complain about capitalization but we dont essentially have that economy of business in operation most of the time. 

[yazher]

They should resolve in creating new source of revenue other than crippling their citizens with revenues gotten from this casinos. Because this could lead to high gambling addiction and misplaced priority since they are government owned they will want to legalize gambling not for the sake of their citizens interest but for the sake of generating more revenues and making their citizens depend on betting for survival

I don't really think a good government will gonna permit such a thing to happen even though they struggling with their economy because it brings more harm than cure when you look at how will it end up. Of course, from the start they can feel the good thing about it, money is easy and the bad side comes after when the players don't have any more money to play. Looks like this is the main reason why we don't see such government exist today they fear what might about to happen in the future.

[Vaskiy]

When government gets into this act, automatically people loss their trust. This will happen over the gambling platform as well as over the process. Right now people believe the fair operation of the Casinos, later if someone close to the government wins a jackpot the same will turn to be controversy. So, governments have more other industries to concentrate and build the revenue than just focusing on the gambling industry.

There were more small countries same as Macau, and are good with their economic status. They have got different plans and not accumulated over one specific industry.

[gunhell16]

Maybe, as long as the government knows it can benefit they will always take advantage of the opportunity. Then it can really help gamblers especially during this time of pandemic as well, that even if the players are only at home they can still gamble through online casinos.
And that's the advantages of being a government owned for the casinos. It is an another assets of course just simple as that.

Perhaps, the majority of the country all over the places now had their owned casinos online so far.
And even there are other casino online, I guess some of them are also regulated where under by the by the
government as well.

[Hypnosis00]

Maybe, as long as the government knows it can benefit they will always take advantage of the opportunity. Then it can really help gamblers especially during this time of pandemic as well, that even if the players are only at home they can still gamble through online casinos.
And that's the advantages of being a government owned for the casinos. It is an another assets of course just simple as that.

Perhaps, the majority of the country all over the places now had their owned casinos online so far.
And even there are other casino online, I guess some of them are also regulated where under by the by the
government as well.

Owning a casino is very profitable especially if it's the government because they control the regulations, but the real question is, does it really benefit the people? If it's an obvious yes, then why not all country have their government owned casino?

[michellee]

That is definitely true, a government shouldn't have a business where they need to put a certain person to officiate that same business because that's where the corruption usually starts especially if that includes generation of huge loads of money as that certain official will just make things in his/her favor. The only safe thing to do is just get the said revenues from these businesses and just let the private group to man this operations.

Big money is going there and sure a lot of corruption really happens if it's related to the government. They can have it audited but they'll do some tricks for the records just for that money to go afloat and be owned by someone else. Not in a way that a gambler will win but it's like where they'll spend that for budgeting but the real thing won't exist or barely exist. I think most countries have a say on this and only a few will be in favor of it.

If the government really wants to build casinos in its name, they need to put officials who are completely free of corruption so that unwanted problems don't arise. In addition, the regulations that exist on these officers must be strict to avoid acts of corruption because that is the place where a lot of money will flow. I am sure that the government will be able to select officers free from corruption and other problems. If many members play in that place, the government can also monitor anyone who uses big money there and can request verification for their account.

[rahmad2nd]

I'm against it. The state should not be engaged in business. All public services are always worse than private ones and are always breeding grounds for corruption and theft of people's money. Do not forget that in theory what sounds like "the state will deal with it" in practice always turns into "an official deals with it."

Yes, as you said and if the state takes over gambling, with the argument that it is managed by a state institution, it is undeniable that the actor behind it is an official who controls it for personal or group interests. 
but I agree if in my country to make a certain area a gambling arena intended for the purpose of sponsoring sports funds this has happened in my country before the gambling law became illegal.

[rodskee]

They should resolve in creating new source of revenue other than crippling their citizens with revenues gotten from this casinos. Because this could lead to high gambling addiction and misplaced priority since they are government owned they will want to legalize gambling not for the sake of their citizens interest but for the sake of generating more revenues and making their citizens depend on betting for survival

wrong mate , because gamblers will still gamble no matter who runs the site , either private casinos or government owned and runs casino> those gambler will still find money and time to gamble so why not the government get that advantage?

addiction in gambling is exploring over the world , and as long as government is allowing gambling in their region ? addiction will continues , if you dont wanna deal with addiction then tell those countries to totally banned gambling so in that way maybe gamblers will be lessen.

[Pamadar]

I'm against it. The state should not be engaged in business. All public services are always worse than private ones and are always breeding grounds for corruption and theft of people's money. Do not forget that in theory what sounds like "the state will deal with it" in practice always turns into "an official deals with it."

Yes, as you said and if the state takes over gambling, with the argument that it is managed by a state institution, it is undeniable that the actor behind it is an official who controls it for personal or group interests. 
but I agree if in my country to make a certain area a gambling arena intended for the purpose of sponsoring sports funds this has happened in my country before the gambling law became illegal.

We can't deny the fact that there are personalities who really pushing things to be more legal,

People behind who will benefit a lot hiding from some good deed that might be foreseen by the government, but
as long as the right process will be done, the benefits still consider being manageable by the government bodies who will
Facilitate the said gambling business. It's up to the judgement of high authority to accept or to legalize the actions.

[blockman]

Big money is going there and sure a lot of corruption really happens if it's related to the government. They can have it audited but they'll do some tricks for the records just for that money to go afloat and be owned by someone else. Not in a way that a gambler will win but it's like where they'll spend that for budgeting but the real thing won't exist or barely exist. I think most countries have a say on this and only a few will be in favor of it.

If the government really wants to build casinos in its name, they need to put officials who are completely free of corruption so that unwanted problems don't arise. In addition, the regulations that exist on these officers must be strict to avoid acts of corruption because that is the place where a lot of money will flow. I am sure that the government will be able to select officers free from corruption and other problems. If many members play in that place, the government can also monitor anyone who uses big money there and can request verification for their account.

Well, that's another thing that will be questioned. It's going to be a hard part of selecting for the specific positions and letting them do their job in the process.
There are countries where they are partaking in the gambling industry and they are handling it well because it's one of the big source of taxation in their  country.

[michellee]

Big money is going there and sure a lot of corruption really happens if it's related to the government. They can have it audited but they'll do some tricks for the records just for that money to go afloat and be owned by someone else. Not in a way that a gambler will win but it's like where they'll spend that for budgeting but the real thing won't exist or barely exist. I think most countries have a say on this and only a few will be in favor of it.

If the government really wants to build casinos in its name, they need to put officials who are completely free of corruption so that unwanted problems don't arise. In addition, the regulations that exist on these officers must be strict to avoid acts of corruption because that is the place where a lot of money will flow. I am sure that the government will be able to select officers free from corruption and other problems. If many members play in that place, the government can also monitor anyone who uses big money there and can request verification for their account.

Well, that's another thing that will be questioned. It's going to be a hard part of selecting for the specific positions and letting them do their job in the process.
There are countries where they are partaking in the gambling industry and they are handling it well because it's one of the big source of taxation in their  country.

Therefore, the selection of members or officials who handle or manage the gambling site will be very selective because it involves big money that will be used by many gamblers, including income from casinos. To protect the income from casinos, the government will try hard to place clean officers so that the gambling venues can minimize the corruption that usually occurs in government. Besides that, gamblers will feel safe playing in the casino managed by government officials and that place will be a favorite place for gamblers.