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Author Topic: What Would a Nation of Sports Gamblers Look Like?  (Read 510 times)
molsewid
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November 26, 2022, 01:20:19 PM
 #41

I understand that if we wanted a country where it was for gamblers it would be necessary to put strong measures of KYC, the solution to many problems of gambling addicts is in KYC, for example:

the country would force all online or physical casinos to force customers to make KYC right away when creating an account in the case of an online casino and in the case of a physical casino they would have to ask customers for documents at the door of the physical casino

in case someone becomes addicted to gambling that person would have to be banned from gambling for at least 3 years, this means that the hospital would issue a note to all online and physical casinos forbidding and account creation of this addicted person in gambling

with that it could be possible that there was a nation of  sports gamblers
Yeah, there's a lot of things we need to see and we need to have a set of rules that everyone should follow, let us assume that government in that certain country legalize gambling and don't have any problem with it, they should list all the things that they might encounter for his such as the addiction that it is very hard to in this industry, everyone can suffer greed but not everyone can handle it very much that it will lead to addiction.
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November 26, 2022, 01:42:27 PM
 #42

We will know very soon here in the United States.  My state, Illinois, legalized gambling about a year ago. Honestly besides the extra tax income which is great and put to good use (well, some of it) not much has changed here.  There are a shit ton of video poker machines stores allllll over my city, I live in a city of 100k-ish people and I bet we have poker machines set up in at least 4-500 different establishments.

I mostly support the freedom of will.  It's super duper easy to gamble online illegally so why not legalize it and make tax money for the betterment of the city. 

Like marijuana legalization here, gambling legalization has made it a better, more free place.

Legalization is good for the government but for the existing offline business sharks its not going to be so they will push the government with all their influence to stop legalization. Making the online gamble will not affect the existing casino business for sure but still the empire they build for decades will not be upright but with the evolution its not possible to suppress for too long.









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November 26, 2022, 02:25:56 PM
 #43

We will know very soon here in the United States.  My state, Illinois, legalized gambling about a year ago. Honestly besides the extra tax income which is great and put to good use (well, some of it) not much has changed here.  There are a shit ton of video poker machines stores allllll over my city, I live in a city of 100k-ish people and I bet we have poker machines set up in at least 4-500 different establishments.

I mostly support the freedom of will.  It's super duper easy to gamble online illegally so why not legalize it and make tax money for the betterment of the city. 

Like marijuana legalization here, gambling legalization has made it a better, more free place.

Legalization is good for the government but for the existing offline business sharks its not going to be so they will push the government with all their influence to stop legalization. Making the online gamble will not affect the existing casino business for sure but still the empire they build for decades will not be upright but with the evolution, it's not possible to suppress for too long.
Some online casinos don't focus on legalization but their main goal is to earn and make their business grow even without any connection with the government. But for offline casinos, they always need the approval of the government for them to continue their operation.
If a city would be filled with sports gamblers, it will help the economy through their taxes which is beneficial for both parties. However, it's still important that people would still know their limits when it comes to gambling.
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November 26, 2022, 02:27:09 PM
Last edit: November 27, 2022, 08:45:51 PM by ajochems
 #44

Legalisation of online casino was the easy one for the government. Because by passing the law, it was the easy one. The offline casino will affected, if the government legalised the online casino. So the offline casino people will not allow this to occur. It’s common one in all the business. The Offline casino running people will be more powerful person of their country. So their influence was made effective as compared to online casino. So this type of activity can’t be changed at any circumstances. Only solution is both can earn by not interfering other business.



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jrrsparkles
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November 26, 2022, 02:39:56 PM
 #45

We will know very soon here in the United States.  My state, Illinois, legalized gambling about a year ago. Honestly besides the extra tax income which is great and put to good use (well, some of it) not much has changed here.  There are a shit ton of video poker machines stores allllll over my city, I live in a city of 100k-ish people and I bet we have poker machines set up in at least 4-500 different establishments.

I mostly support the freedom of will.  It's super duper easy to gamble online illegally so why not legalize it and make tax money for the betterment of the city. 

Like marijuana legalization here, gambling legalization has made it a better, more free place.

Legalization is good for the government but for the existing offline business sharks its not going to be so they will push the government with all their influence to stop legalization. Making the online gamble will not affect the existing casino business for sure but still the empire they build for decades will not be upright but with the evolution, it's not possible to suppress for too long.
Some online casinos don't focus on legalization but their main goal is to earn and make their business grow even without any connection with the government. But for offline casinos, they always need the approval of the government for them to continue their operation.
If a city would be filled with sports gamblers, it will help the economy through their taxes which is beneficial for both parties. However, it's still important that people would still know their limits when it comes to gambling.
Maybe in the past it was possible for online casinos to grow without having license or legalized by the government but nowadays it's not possible almost all the reputed casinos have licence and if new members are looking for a new casino they always check for the licence and feedback from the existing users so if a new casino want to grow and survie along the huge competition then they need to tick all the boxes.









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November 26, 2022, 06:02:10 PM
 #46

Actually, they can do nothing to stop online betting. It's like piracy, there can be laws forbidding and punishing the practice, but most people will still go for it, doesn't matter what regulators say. And in fact, who should choose what kind of gambling is better (virtual or physical) are the customers, so casinos' owners (including the tribes) adapt themselves to what customers are demanding. It never works on the contrary in business and service provider to customer's relationship.

I'm sure they are all going to work together on the solution which provides online gambling and sports betting to the community. After all, it's the only alternative anyway.

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November 26, 2022, 08:18:17 PM
 #47

Actually, they can do nothing to stop online betting. It's like piracy, there can be laws forbidding and punishing the practice, but most people will still go for it, doesn't matter what regulators say. And in fact, who should choose what kind of gambling is better (virtual or physical) are the customers, so casinos' owners (including the tribes) adapt themselves to what customers are demanding. It never works on the contrary in business and service provider to customer's relationship.

The government can do something, like tracing these illegal activities and shut them down.  Though I believe the government cannot stop these kinds of illegal activities at least they can trim them down and punish a few.  That may also give examples to those who plan to create illegal online betting and will possibly slow down the growth of it. 


I'm sure they are all going to work together on the solution which provides online gambling and sports betting to the community. After all, it's the only alternative anyway.

Well, I agree that the government instead of totally banning gambling must think of regulating the online gambling industry instead.  This way they can get profit from the activity and at the same time reduce their budget for tracking people who do illegal bets.

Maybe in the past it was possible for online casinos to grow without having license or legalized by the government but nowadays it's not possible almost all the reputed casinos have licence and if new members are looking for a new casino they always check for the licence and feedback from the existing users so if a new casino want to grow and survie along the huge competition then they need to tick all the boxes.

I think the earlier years of online casino does not need much regulation but as it becomes popular and problem about money laundering being attached to online gambling then the government or authority decided to implement regulations and KYC to prevent illegal activities online.

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November 27, 2022, 06:12:21 AM
 #48

Legalization is good for the government but for the existing offline business sharks its not going to be so they will push the government with all their influence to stop legalization. Making the online gamble will not affect the existing casino business for sure but still the empire they build for decades will not be upright but with the evolution its not possible to suppress for too long.
Yes, because when gambling is now legalized, it means that it can now be taxed and tax can also go in the development of the country but that is if the government of that country is not corrupt however there are people who won't agree with it because they are selfish and don't like to be charged by a tax and there are also people who think gambling is bad so they won't agree to legalize it.

I don't know on why say that the legalization of gambling is bad for the offline business sharks. Is it because they don't want to be taxed as well? But they will still bribe the government, which is still the same. A new gambling biz can affect the existing ones only if they can offer better stuffs.
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November 27, 2022, 06:27:03 AM
 #49

Legalisation of online casino was the easy one for the government. Because by passing the law , it was the easy one. The offline casino will affected,if the government legalised the online casino. So the offline casino people will not allow this to occur. It’s common one in all the business. The Offline casino running people will be more powerful person of their country. So their influence was made effective as compared to online casino. So this type of activity can’t be changed at any circumstances. Only solution is both can earn by not interfering other business.
The legalization of online casinos may be easy. Still, we know that online casinos can be created in countries where gambling is allowed and they can easily grant operating licenses for those online casinos.
But here, what needs to be considered is what will happen to its citizens if casinos are allowed in their country because this can trigger citizens to play gambling often. After all, they think that by gambling, they can get money easily.
We have seen that online casinos are getting more and more popular nowadays and lots of new people want to try to earn money from gambling.
So what are the consequences if, in the end, a country legalizes gambling for its citizens?
They will use gambling to make money.
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November 27, 2022, 06:55:27 AM
Last edit: November 27, 2022, 01:58:39 PM by roslinpl
 #50

Online betting is unstoppable one for now. Most the big whales involved in online betting. The punishment was not a speed breaker for the online betting. Many people using the platform to escape from the money laundering, they will do the betting and withdraw by the mean of they doing it as a resource. All use this strategy to do exchanges of money. If they well at gambling strategy, it help them to earn more money from it. But if they loss without the strategy, it won’t affect them a lot. So it’s reason they chose of Online betting. In many countries online betting is legal one and people earning more from it. It may over take the Offline betting one day.
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