Reatim
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October 11, 2022, 02:32:08 AM |
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they are the one who created rules and laws this is why they are also the one who break it favoring them, even in our country it is indeed happening and the most affected are those who wanted to do business with legal obligation. Money Laundering had been in the circulation even without the crypto presence but now they are blaming Online businesses because of their own favor , so their activities will be covered by providing such laws to divert the blame in this area.
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wxa7115
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October 11, 2022, 03:03:38 AM |
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Don't be surprised and the government will always use that excuse and it's also commonly used by countries that block online gambling sites. My guess is actually not money laundering that is their focus but their inability to collect taxes from online gambling activities the reason behind this blocking. Which usually happens when the government does not benefit from the activities carried out by its people, the steps taken are prohibiting, blocking and so on.
Many governments behave no differently from the mafias around the world, if they see that a business is generating profits then they want a cut, and if they cannot get it then they prefer to destroy that business instead of letting it flourish. So I will not be surprised if during the next months some of the casinos which were blocked mysteriously can be acceded again, as their owners pay a bribe to the government of Bangladesh so their websites are once again accessible to the people of their country.
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Don Pedro Dinero
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October 11, 2022, 03:31:21 AM |
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What I find strange is that more sites from other countries are not blocked as well. I'm afraid this is what the future holds. In Europe the same thing happened with fiat casinos. They went to strict regulations and required country specific licenses to operate, and those that didn't meet the criteria were blocked. But then cryptocurrency casinos came along and started to operate without being blocked, which I don't think will last much longer.
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kotajikikox
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October 11, 2022, 03:36:32 AM |
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it is sad to see how some governments abusing the system , why they are putting laws against legit business and they are the one who are not following the laws? have heard in many news about politicians being a money launderer while the gambling industry is suffering from this abusing. What I find strange is that more sites from other countries are not blocked as well. I'm afraid this is what the future holds. In Europe the same thing happened with fiat casinos. They went to strict regulations and required country specific licenses to operate, and those that didn't meet the criteria were blocked. But then cryptocurrency casinos came along and started to operate without being blocked, which I don't think will last much longer.
the government needs to find ways in detecting who is the launderer and not the business at all, yes there are abuse but there are more of legit and just wanna have fun .
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Oasisman
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October 11, 2022, 03:40:08 AM |
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Recently, BTRC (Bangladesh Telecommunication Regulatory Commission) has blocked 331 online casino sites in the name of preventing gambling and money laundering. There were a few sites blocked from long ago including crypto casino stake.com though we could access the mirror version of stake through stake.games Hate to see this to be honest when we have politicians who are almost openly laundering money. Source- https://www.prothomalo.com/bangladesh/crime/p10pt1dnefThis is what happens when the money they get from these casinos aren't enough. It could be that your government does not want to make it public that they're raising the money they want from these casinos. Inflation really hits us hard that the government imposing harsher laws. I'm pretty sure not all casinos were being blocked, and they will impose a background check on each of this casino if they want their business to continue running. Thus, bribery will come in.
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Pierre 2
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October 11, 2022, 05:23:04 AM |
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Its sad to see they directly went through with straight banning of casinos. Come on we are living through 21st century, people who gamble are aware of its bad effects and they see it as a habit or game. Why do we even need to ban such type of businesses when so many people can eat food, make living etc. Politicians obviously seek profits always, if those gambling companies could be "milked" they definitely would do.
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_act_
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Lightning network is good with small amount of BTC
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October 11, 2022, 06:00:51 AM |
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Its sad to see they directly went through with straight banning of casinos. Come on we are living through 21st century, people who gamble are aware of its bad effects and they see it as a habit or game. Why do we even need to ban such type of businesses when so many people can eat food, make living etc. Politicians obviously seek profits always, if those gambling companies could be "milked" they definitely would do.
Governments do not take regulation leniently, but punishment like paying certain amount of money and warning the casinos would have been better, it is true that the casinos are providing employment and many people are able to have a good daily life because of tha. But this would all the gambling sites in the country a lesson not to joke with the government and regulators. We do not know this in details if the regulators have been warning the casinos many times or sometimes in the past before the action.
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makishart
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October 11, 2022, 06:15:46 AM |
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Don't be surprised and the government will always use that excuse and it's also commonly used by countries that block online gambling sites. My guess is actually not money laundering that is their focus but their inability to collect taxes from online gambling activities the reason behind this blocking. Which usually happens when the government does not benefit from the activities carried out by its people, the steps taken are prohibiting, blocking and so on.
I do agree with you. It's caused by mostly of gambling sites are not based in their countries and that makes them can't collect it. There was also another reason other than it but it only knows by the government. As long as people can still access it easily and there no need to feel doubt about that. The fact that if these days people may able to pass the block that already made by the government. The government was only blocking the site. It can be accessed use alternative link or easily. Bangla is not the first country wo ban hundreds of casinos. There are another countries that have been doing the same thing like bangla in the past.
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jrrsparkles
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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October 11, 2022, 06:51:03 AM |
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Recently, BTRC (Bangladesh Telecommunication Regulatory Commission) has blocked 331 online casino sites in the name of preventing gambling and money laundering. There were a few sites blocked from long ago including crypto casino stake.com though we could access the mirror version of stake through stake.games Hate to see this to be honest when we have politicians who are almost openly laundering money. Source- https://www.prothomalo.com/bangladesh/crime/p10pt1dnefNot only online casinos, any form of gambling is completely prohibited by the government of Bangladesh because basically they are Islam based country and its haram in it so they will use it as a reason to ban it. Corrupted politicians are everywhere and its really a deep process to eradicate from the system and it may take few decades for that to happen if people are willing to make it happen.
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Mauser
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October 11, 2022, 07:35:02 AM |
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That is sad news, even though I don't live in Bangladesh I hate to read about countries blocking casinos or making gambling illegal in general. It's okay if a country wants to do something against money laundering, but banning 331 casinos seems excessive to me. Why not work with the casinos together and make money laundering harder? Banning a casino seems like the last solution. There are other ways to prevent money laundering and still allow gambling to people who enjoy it. It's not only about all the customers who enjoyed gambling at those casinos, it's also about the employees from Bangladesh who work at those casinos. This is a really big step and is going to hurt a lot of innocent people. I am pretty sure that the majority of the gamblers on these casinos are not engaged in money laundering and rather use gambling as recreational activity. The issue I have with outright bans is that there is always a way around a ban. A government can't prevent gambling to 100%, the same way it can't prevent illegal activities 100%. All the government does with the ban is moving the online casinos into a dark area, which takes away rights from the customers. People who enjoy gambling will try and find alternatives and if they are not allowed anymore then there is no safety for the customers. If there are any issues, than the customers can't take a lawyer and get his rights in front of a court. I hope other countries will not do the same and also ban so many online casinos.
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rahmad2nd
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October 11, 2022, 07:56:11 AM |
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Recently, BTRC (Bangladesh Telecommunication Regulatory Commission) has blocked 331 online casino sites in the name of preventing gambling and money laundering. There were a few sites blocked from long ago including crypto casino stake.com though we could access the mirror version of stake through stake.games Hate to see this to be honest when we have politicians who are almost openly laundering money. Source- https://www.prothomalo.com/bangladesh/crime/p10pt1dnefThis is not happening only in Bangladesh, in some other developing countries it seems the same.however, instead of preventing gambling and money laundering it won't solve the real problem anyway. I'm not talking about just crypto casinos, but all online casinos. it's a classic reason, from the past until now the government has only made excuses like that. to be honest, I agree to block illegal online casinos especially those that do not have an official license from the state. but to completely block it is not the most appropriate way, after all they can change the domain name, IP address, for them to access again. with the right regulations, is a step that is more advanced than forcing people to access things that are illegal.
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Strongkored
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October 11, 2022, 07:57:33 AM |
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The number will continue to grow because based on the news the authorities ask citizens to continue reporting all content related to gambling, but the news does not mentioned about penalties will be applied if there are residents who continue to access gambling sites, because surely the government will not stop at that blocking stage only, but there is also a penalty.
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Jawhead999
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October 11, 2022, 07:58:58 AM |
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It's nothing to be surprised for Eastern region, as long as your country doesn't ban gambling you're fine to gamble and using mirror sites. For casinos which doesn't have mirror sites, you're need to use VPN to access the site. This action might flag your account, but for the best solution is reach the representative and talk about this problem. Usually they will ask you to provide KYC and let you play using VPN, so you're fine.
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coinerer
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October 11, 2022, 08:13:24 AM |
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It's nothing to be surprised for Eastern region, as long as your country doesn't ban gambling you're fine to gamble and using mirror sites. For casinos which doesn't have mirror sites, you're need to use VPN to access the site. This action might flag your account, but for the best solution is reach the representative and talk about this problem. Usually they will ask you to provide KYC and let you play using VPN, so you're fine.
As far as I know gambling is still illegal in Bangladesh. But still gamblers from Bangladesh play online gambling without government eyes, in that case they face many restrictions but VPN plays an important role as their solution. But in that case KYC verification becomes a big problem for them. So they always give more importance to non kyc sites
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inthelongrun
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October 11, 2022, 08:45:08 AM |
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That's quite a lot of online casinos being blocked. And Stake is one of them. So I assume the Bangladeshi government is now starting to impose its law, especially into cryptocurrencies where they have really no control due to their decentralized nature. I won't be surprised if more things will follow like businesses accepting bitcoin and other cryptocurrencies as modes of payment. I think it was a couple of months ago, a Bangladeshi with a business started to accept cryptocurrencies as payments for his goods.
Anyways, as long as Bangladesh isn't against cryptocurrencies, it will be alright. It's just normal for governments to impose their laws, especially in cases like money laundering.
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madnessteat
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October 11, 2022, 09:16:47 AM |
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In my opinion no matter how hard the authorities of Bangladesh try, it will not be possible to completely ban gambling. The only exception may be if they legislate tough penalties, such as imprisonment for a year or more. Today there are countries where gambling is prohibited by law, but the citizens of these countries still continue to play gambling since these entertainments exist from ancient times and there are such people who cannot imagine their life without playing dice or poker.
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ethereumhunter
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October 11, 2022, 09:35:36 AM |
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It's not that surprising because that's what every government that prohibits gambling in their country should do. The government will shut down the casinos operating in their jurisdiction and will not allow people to gamble anymore. Maybe this is a kind of warning to other casinos. And if the other casinos don't close their business soon, their fate will be the same as the casinos that were closed by the previous government.
So we'll just have to wait and see what happens to the other casinos because I think there are still a lot of casinos operating.
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smartaction
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October 11, 2022, 11:30:51 AM |
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In my opinion no matter how hard the authorities of Bangladesh try, it will not be possible to completely ban gambling. The only exception may be if they legislate tough penalties, such as imprisonment for a year or more. Today there are countries where gambling is prohibited by law, but the citizens of these countries still continue to play gambling since these entertainments exist from ancient times and there are such people who cannot imagine their life without playing dice or poker.
It is not possible to stop anyone from online gambling not only in Bangladesh but in any country where there is an alternative route like VPN. If a country wants to completely keep gambling away from the reach of its citizens, then all types of vpn should be banned along with banning gambling. But it is not possible to do this, if it is done then the government of the country will face more losses on the other hand. Because vpn is constantly used for many important tasks apart from gambling
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Hispo
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October 11, 2022, 12:52:59 PM |
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In my opinion no matter how hard the authorities of Bangladesh try, it will not be possible to completely ban gambling. The only exception may be if they legislate tough penalties, such as imprisonment for a year or more. Today there are countries where gambling is prohibited by law, but the citizens of these countries still continue to play gambling since these entertainments exist from ancient times and there are such people who cannot imagine their life without playing dice or poker.
Even if they persecuted gambling and effectively enforced laws against it, it would not prevent a black market to exist for gambling and betting. There are countries with more economical resources and manpower dedicated to enforce laws against gambling or specific kinds of gambling, and yet that does not solve the problem completely. I would dare to say it make it worse, because while legal gambling generates income to the state and it is managed by law abiding citizens, illegal gambling is kept by organized crime, does not fund the state through taxation but makes organized criminals more powerful. We are in a era when these groups do not need to take care of their illegal businesses in person but using electronic media, which we all know how difficult it is to regulate.
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Little Mouse (OP)
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October 11, 2022, 01:26:00 PM |
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because online gambling sites in Bangladesh can still be accessed and used using a VPN
Using VPN is prohibited in many casinos including the famous ones. Very few casinos allow access through VPN. I haven't seen a lot of them. Besides, the average knowledge level of Bangladeshi people about internet is very poor and I doubt they would be able to gamble using VPN. I'm personally not worried but it's very much possible for BTRC to know who are accessing gambling platforms.
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