State actors involved in setting up gambling apparatuses

[Hispo]

Is it possible to get a registered casino without mentioning the real owner? A layer can do the paperwork but the source of funds can't be coming from himself so someone has to be named here with all the records needed for that.

But as Saul Goodman said he knows a guy who knows a guy who is willing to report losses to evade taxes with fake loss but it happens everywhere.

It is possible. Otherwise, there would not be some many people working as front-people in developing countries and also there would not be so many stores and business which are pretty much money laundering machines for a very selected number of people in corrupted societies like mine, for example.

If one lives in a developing country and one has enough money to bribe a couple of authorities, then it is perfectly doable to open a business without having one's name attached to it.

Also, one needs to consider the existence of institutions like Swiss banks, which already allow their clients to hold an account without having to get a name attached to it.

[Nwada001]

One of the big crypto casino that we all know today is stake casino which based on my research, the two co-founders of stake.com are not state actors, note, I'm only using this as an example to say that other casinos too are own by private individuals who started little and made it to the top where they are today, although I don't also disagree that there could be other casinos which is owned by top state official but they rather put the casino in the hands of someone so that people don't know that they own it due to their position in the state.

When it comes to big international casinos, it's not just the few people who are in front that are the owners; they also have investors from different circles. They don't need to be politicians; it's also possible there could be some link to them, but it can't be as possible and common as we have in some locally owned casinos, which, if you dig deeper, you will see that it's somehow linked to those in the office; either they own it directly or they use the company for dirty business.

[Franklyn-wood]

Not just in your country; this thing happens everywhere. Those who are in top offices are the ones with the upper hand to run such types of businesses without them having some legal issues

Many countries regulations is not robust is another thing. You can see the gambling sites not restricting people from many countries, but not that the government from the countries like that, but many of them do not even know something like that may be because of their lenient regulations. In many countries that are in the West, you will not see it because of their stringent regulations.

Yes I believe the reason why there are no restrictions in gambling is because the majority of those that own this gambling sites are government para stater that uses this means to hid government funds made for the public use and converted into personal use through variouse gamble sites. This people cease opportunity to from one of the numerous advantage in Bitcoin to steal public funds and they use it to run businesses for themselves using other people identity another to cover the main truth behind there secrets.

[impulse709]

Not just in your country; this thing happens everywhere. Those who are in top offices are the ones with the upper hand to run such types of businesses without them having some legal issues

Many countries regulations is not robust is another thing. You can see the gambling sites not restricting people from many countries, but not that the government from the countries like that, but many of them do not even know something like that may be because of their lenient regulations. In many countries that are in the West, you will not see it because of their stringent regulations.

Yes I believe the reason why there are no restrictions in gambling is because the majority of those that own this gambling sites are government para stater that uses this means to hid government funds made for the public use and converted into personal use through variouse gamble sites. This people cease opportunity to from one of the numerous advantage in Bitcoin to steal public funds and they use it to run businesses for themselves using other people identity another to cover the main truth behind there secrets.

The argument that most gambling platforms are operated by state actors to conceal state funds is rather farfetched without substantial evidence. In practice the online casino is run by a network of private companies in different countries with various licensing authorities. although the degree of regulation varies by country. With this said. inadequate supervision in certain areas may leave certain loopholes that can be exploited or abused by malpractices. It is further complicated by the fact that the use of Bitcoin can make it less transparent because it is pseudonymous. Instead of suggesting direct government control. it is more realistic to refer to regulatory loopholes and laxity in enforcement.

[junder]

When it comes to big international casinos, it's not just the few people who are in front that are the owners; they also have investors from different circles. They don't need to be politicians; it's also possible there could be some link to them, but it can't be as possible and common as we have in some locally owned casinos, which, if you dig deeper, you will see that it's somehow linked to those in the office; either they own it directly or they use the company for dirty business.

The main strong reason why many big people are involved in the gambling business is of course because of the benefits that this one business can be said to have a guaranteed profitable opportunity so it is not strange that there are several people involved in the gambling business and as you said either personal ownership or indeed investing in the casino.

[Gentle_Soul]

It's not surprising to me, also don't forget to include churches too because this is a good way of monlving money without paying taxes, I would do the same if I have that power, I even hear that running a church is far more easier for covering up, money flows in and out in the name of Jesus Christ, who would want to investigate?

Also church members do contributions and also the church help politicians in need, if anything comes up they will say it's church money, nothing can come close to staining that money even though it's already stained.

I personally will not like to drag in churches but honestly speaking there are some church who have spoiled the mindset of people about what the establishment of a church is all about and do that reason a lot of people have really being very careful and cautious about some of this churches and there malicious and dubious nature. There are genuine ones no doubt but the system been so infiltrated with some many bad eggs that make it almost impossible to believe any one even without knowing if he is actually genuine or not.
This also applies to casinos a lot of scam casinos have been able to manipulate and decieve into using there casino and then run away with money and for someone who has been a victim in the past it's very difficult for them to be able to trust any other casino again.

[AmaGold70]

You might be very correct. Setting up a casino or gambling site requires good amount of money, and top government officials can afford it , sometimes they set-up this casino companies in disguise using a name very different from their real name while running their own business. This top government officials, when they want to restrict many people from running their own type of business, they will make policies that will remain favourable to them, and will make it so cumbersome for the common people to run the same business. Top government officials always have their way of manipulating things to their own favour, but when it comes to the ordinary they try to restrict them from doing gambling or setting up casino apparatus.

[fruktik]

I wouldn't be surprised if it turns out that the owners of large crypto casinos are government officials. If you think about it, it's extremely convenient: the security forces are also under their control, so no one will dig under them because they could be in on it, and journalists won't look for anything either, because that would be dangerous. Where there's big money, there are always government officials.

Such businesses truly enjoy patronage at the very top of the government. They've taken over the security forces, which are extremely dangerous to oppose or investigate. In my country, such investigations have resulted in contract killings. Many good people have perished at the hands of uniformed thugs, and the killers have still not been found. Therefore, I fully support your point of view.

[Zadicar]

One of the big crypto casino that we all know today is stake casino which based on my research, the two co-founders of stake.com are not state actors, note, I'm only using this as an example to say that other casinos too are own by private individuals who started little and made it to the top where they are today, although I don't also disagree that there could be other casinos which is owned by top state official but they rather put the casino in the hands of someone so that people don't know that they own it due to their position in the state.

When it comes to big international casinos, it's not just the few people who are in front that are the owners; they also have investors from different circles. They don't need to be politicians; it's also possible there could be some link to them, but it can't be as possible and common as we have in some locally owned casinos, which, if you dig deeper, you will see that it's somehow linked to those in the office; either they own it directly or they use the company for dirty business.

Doesnt matter whether its been runned with a single proprietorship, corporation, or those known people or politician on which in the end that its none of our business and on what the benefit that we do able to know? One things for sure that running these kind of businesses would definitely needing up that huge amount of capital and this is where it do really give out the gap into those investors who are financially capable and having those connections because we know that running one isnt that easy. So there's always the high probability or chance that these type of people or network would always be having the advantage when it comes into this aspect. The best thing on here is that you shouldnt be stressing out yourself on whose involved or connected with these things on which its pretty obvious on who is, but there's nothing we can do about it since they do always have the advantage.

[Dr.Bitcoin_Strange]

One of the big crypto casino that we all know today is stake casino which based on my research, the two co-founders of stake.com are not state actors, note, I'm only using this as an example to say that other casinos too are own by private individuals who started little and made it to the top where they are today, although I don't also disagree that there could be other casinos which is owned by top state official but they rather put the casino in the hands of someone so that people don't know that they own it due to their position in the state.

They might not be a state actor, but we don't know who their secret financiers are. Since most laws restrict or ban government officials from engaging in some kind of business, they would have to work behind the scenes to avoid suspicion. In my country, many government officials have been indicted for partnering with businesses to make profit even when the law forbids it. We are not sure of who is behind all the casinos.

That's right though, we can not be sure of what is happening behind our eyes, it's just an assumption that they may have financiers but it's also possible that they don't but there are casinos that is being owned by government officials but they don't parade as the owners. Not just in your country but in my country too, there are government officials that are restricted from certain business operation but they secretly do it.

[lombok]

That's right though, we can not be sure of what is happening behind our eyes, it's just an assumption that they may have financiers but it's also possible that they don't but there are casinos that is being owned by government officials but they don't parade as the owners. Not just in your country but in my country too, there are government officials that are restricted from certain business operation but they secretly do it.

The restriction against the officials conducting business is usually avoided by making covert partnerships concealing the real identity of the legitimate owners of a casino. This is not only compromising good healthy competition in business, but also incites suspicion among people on whether government policies are so genuine. Ok, no one doubts that the undisclosed financiers are a good strategy employed by people in positions of power to keep on making money without facing corruption accusations.

[Achalugo BTC]

That's right though, we can not be sure of what is happening behind our eyes, it's just an assumption that they may have financiers but it's also possible that they don't but there are casinos that is being owned by government officials but they don't parade as the owners. Not just in your country but in my country too, there are government officials that are restricted from certain business operation but they secretly do it.

The restriction against the officials conducting business is usually avoided by making covert partnerships concealing the real identity of the legitimate owners of a casino. This is not only compromising good healthy competition in business, but also incites suspicion among people on whether government policies are so genuine. Ok, no one doubts that the undisclosed financiers are a good strategy employed by people in positions of power to keep on making money without facing corruption accusations.

All because of these that people don't believe what comes out from governments mouth, which there is no transparency in them, because they are doing what they instruct people not to do and they know people can't do anything about it because they have the power over us and also, when the owner is hidden, people keep assuming and sometimes, their assumptions are right because in the society today, people belive that knowing the who is the real owner breeds healthy market.

[Slow death]

At least for now, it's still difficult to know who all the casino owners are. This is because governments haven't enacted laws requiring casino owners to identify themselves. But even if, in the future, governments were to require casinos to publicly display the name and face of the casino owner, people who don't want their names exposed could still create asset management and investment companies, and these companies would own casinos. When the owner's name was publicly displayed, only the company name and its CEO would be visible. This doesn't only happen with casinos; many companies have government agents listed as owners, but nobody knows they are the true owners.

[Fiatless]

You might be very correct. Setting up a casino or gambling site requires good amount of money, and top government officials can afford it , sometimes they set-up this casino companies in disguise using a name very different from their real name while running their own business. This top government officials, when they want to restrict many people from running their own type of business, they will make policies that will remain favourable to them, and will make it so cumbersome for the common people to run the same business. Top government officials always have their way of manipulating things to their own favour, but when it comes to the ordinary they try to restrict them from doing gambling or setting up casino apparatus.

Politicians are among the richest people in my country. They can easily steal money and live expensive lives. You are right that some of them can finance some profitable businesses, such as gambling. I know of a popular politician who owns a betting platform, and it was not a secret. Some government policies, especially in developing nations, are enforced on the less privileged or poor people.

[L E G E N D A R Y]

Doesnt matter whether its been runned with a single proprietorship, corporation, or those known people or politician on which in the end that its none of our business and on what the benefit that we do able to know? One things for sure that running these kind of businesses would definitely needing up that huge amount of capital and this is where it do really give out the gap into those investors who are financially capable and having those connections because we know that running one isnt that easy. So there's always the high probability or chance that these type of people or network would always be having the advantage when it comes into this aspect. The best thing on here is that you shouldnt be stressing out yourself on whose involved or connected with these things on which its pretty obvious on who is, but there's nothing we can do about it since they do always have the advantage.

You have just hit the nail on the head, and its just better for everyone to mind their business and stay on their line, doing their own business because whoever is behind their own business is up to them, whether they are visible or not, that should be anyone concerns, as far as they are making their money and the players are just gambling with the amount they can afford to lose. So, control your emotions when gambling.

[Rubuchi]

Yes I believe the reason why there are no restrictions in gambling is because the majority of those that own this gambling sites are government para stater that uses this means to hid government funds made for the public use and converted into personal use through variouse gamble sites. This people cease opportunity to from one of the numerous advantage in Bitcoin to steal public funds and they use it to run businesses for themselves using other people identity another to cover the main truth behind there secrets.

especially those government officials who are appointed to manage these agencies saddled with the responsibility of regulating, licensing and overseeing the gambling industry. Those officials are the first set of people who in other ways enable the gambling businesses through their personal involvement and investment in gambling. I have over heard of cases where state actors are fingered as financiers of these businesses hence creating a cover and protection to those businesses. You will find some gamblers complaining about their gambling sites but nothing is done about them and you are wondering why isn’t anything done about it?

[Nwada001]

When it comes to big international casinos, it's not just the few people who are in front that are the owners; they also have investors from different circles. They don't need to be politicians; it's also possible there could be some link to them, but it can't be as possible and common as we have in some locally owned casinos, which, if you dig deeper, you will see that it's somehow linked to those in the office; either they own it directly or they use the company for dirty business.

The main strong reason why many big people are involved in the gambling business is of course because of the benefits that this one business can be said to have a guaranteed profitable opportunity so it is not strange that there are several people involved in the gambling business and as you said either personal ownership or indeed investing in the casino.

They are into it for the profit, but there are some businesses that some public offices are not supposed to be doing, especially when they somehow speak against it in public and do otherwise in private. Some of these guys even go as far as controlling illegal businesses while also using their offices to protect them from being shut down or discovered.

[Lida93]

Not just in your country; this thing happens everywhere. Those who are in top offices are the ones with the upper hand to run such types of businesses without them having some legal issues

Many countries regulations is not robust is another thing. You can see the gambling sites not restricting people from many countries, but not that the government from the countries like that, but many of them do not even know something like that may be because of their lenient regulations. In many countries that are in the West, you will not see it because of their stringent regulations.

So it's about the law and how they're carried without respect to any individuals status in terms of establishing it's regulations the way it is in paper. It's easier to have the laws guiding every industry where even the very rich partakes in when the institutions there are strong and rooted to not adjust for anyone's sake. Hence why in some countries the rich people who owns casinos flags some of the operational rules without fear to what could be the consequence.

[junder]

When it comes to big international casinos, it's not just the few people who are in front that are the owners; they also have investors from different circles. They don't need to be politicians; it's also possible there could be some link to them, but it can't be as possible and common as we have in some locally owned casinos, which, if you dig deeper, you will see that it's somehow linked to those in the office; either they own it directly or they use the company for dirty business.

What I think about when someone known to oppose gambling has ads circulating on social media promoting that casino is that they’re AI generated and there are actually visible differences that show whether it’s AI generated or real and of course, to me it’s clearly AI. Another thing I wonder is whether these public figures are aware that they’re being used as marketing tools for the casino and even if they are they should take action because this could be considered a copyright infringement.

[alani123]

I think that in certain countries it's not exactly the state who sets up the casino but components of the state like MPs are direct benefactors of corruption by issuing permits on fast track ad rreceiving payments to not do checks and burry reports.

Countries like Bulgaria and Cyprus are certainly like that, and probably malta and Greece too because a lot of casinos in Europe have their license there. It's cheap and fast to issue a license with probably 0 user protection since state apparatuses in these coutnries barely operate at all. So surely some MPs are the benefactors of corruption.