Pages:
Author

Topic: Gambling firms helping Government and people during quarantine, literally. (Read 955 times)

legendary
Activity: 3080
Merit: 1131
People should not view this negatively or perceive that gambling companies are trying to make look good in exchange for light regulation, they want to help because many companies want to give back to society, and gambling companies are no exceptions, all government needs all the help that they can get at this time of pandemic from companies who are willing to help the government.
If there are no government officials involved and its pure helping thesociety or just giving back for the supporters then its fine, but if there are politicians whogets to involved then its a different question as they might using it for their benefits. Giving program usually happens in my country when election is upcoming and politician uses companies who says sponsored them but they just plainly use the peoples money or some donations. If its pure advocacy from the gambling comoany to really help thenwe should just be thankful for the help.
We know that politicians are not only not above doing this but in fact do it all the time, with the excuse of helping other people they make use of social programs to further their own agenda and popularity, but at the same time someone that really needs that support is not really going to care that much about who is giving them aid as long as they receive it.

The same happens all over the world and as long as people receive their help and vote for whoever they want when it is the time to elect new public officials then let politicians believe they are buying the vote of the people when in fact they are doing the opposite.
Cant really blame out those kind of perceptions and impressions because it turns out that anytime there are activities or doings like these then people would
really be having that kind of mindset that it might really be an agenda for something in behind but as mentioned where it doesnt really matter on what are their
motives as long they do able to get the help or able to receive something then it isnt something that would be in concern.
We are now on a hard times and its no point if we do let our ego to be above on all.
hero member
Activity: 2702
Merit: 704
People should not view this negatively or perceive that gambling companies are trying to make look good in exchange for light regulation, they want to help because many companies want to give back to society, and gambling companies are no exceptions, all government needs all the help that they can get at this time of pandemic from companies who are willing to help the government.
If there are no government officials involved and its pure helping thesociety or just giving back for the supporters then its fine, but if there are politicians whogets to involved then its a different question as they might using it for their benefits. Giving program usually happens in my country when election is upcoming and politician uses companies who says sponsored them but they just plainly use the peoples money or some donations. If its pure advocacy from the gambling comoany to really help thenwe should just be thankful for the help.
We know that politicians are not only not above doing this but in fact do it all the time, with the excuse of helping other people they make use of social programs to further their own agenda and popularity, but at the same time someone that really needs that support is not really going to care that much about who is giving them aid as long as they receive it.

The same happens all over the world and as long as people receive their help and vote for whoever they want when it is the time to elect new public officials then let politicians believe they are buying the vote of the people when in fact they are doing the opposite.
hero member
Activity: 1202
Merit: 545
People should not view this negatively or perceive that gambling companies are trying to make look good in exchange for light regulation, they want to help because many companies want to give back to society, and gambling companies are no exceptions, all government needs all the help that they can get at this time of pandemic from companies who are willing to help the government.

If they wish to give back why they don't lower house edge? So we gamblers can have something from that too! Smiley

Jokes on the side, they are doing that for lower taxes... Simply they are making a lot of money, taxes for gambling are high, so probably owners earn less... but if they do something here and there, they will have some tax benefits and they will have a higher profit! Negative or positive, it's not a question here, probably all companies that earn a lot should be forced to do similar things and probably we would have a better society!

Similar actions could be seen in my country... they invested in kid's playgrounds, food for the hungry, and other things, in many towns!
There are a lot of functions need to be operated in gambling. And CEO needs money and profit too. They cant lower the house edge unless they are forced to do so by the government. Thus, they will maintain the current house edge until there is a new legislation for house edge.

At least you still live in a country where gambling is legalized. I still sneakily surf the internet for gambling like a mouse lol. Gambling is strictly banned in my country at any form. But I guess the government can not catch up the new technology so that we have a vast space for enjoying this form of entertainment
hero member
Activity: 2030
Merit: 777
Leading Crypto Sports Betting & Casino Platform
This is entirely depends on a country if it is a good thing or a bad thing and how much money they are going to allocate to help those in needs.

For example here in the Philippines, since the pandemic hits, Online sabong became popular, and a lot of people got addicted to it. Some of them sold their properties and belongings just to have money to bet on it. Now, the only "help" that Online sabong can offer is the tax they are paying the Government which supposedly going to be use to give relief goods to those people that needs it.

And another problem appears, and that is because the poor are also risking their money on gambling and the relief goods that they are going to receive are sometimes much smaller on the amount they had lost in gambling, so it's not a good thing in my opinion. Also add the fact that other government officials are stealing the allotted money for relief goods to aid the people.
While what you are describing is very upsetting at the end of the day those people are responsible for their actions, no one forced them to gamble and it is obvious they had a completely mistaken idea of what gambling is really about.

It seems they thought they could earn some easy money during the pandemic in which a lot of people lost their jobs and they found out the hard way this is not how it really works, it is sad but they need professional help to leave their gambling addiction behind and they also need to understand the math behind the games so this does not happen to them again once they recover.
Furthermore it's sure gambling sites will make much more money for themselves than the amount they are going to distribute to charity or to government due to taxes. After all they are on this industry running their businesses to make profit, like any other businesses around. And as you said, gamblers know the terms, conditions and risks of gambling games, so they shouldn't blame others later for their own past choices.
hero member
Activity: 2562
Merit: 659
Dimon6969
People should not view this negatively or perceive that gambling companies are trying to make look good in exchange for light regulation, they want to help because many companies want to give back to society, and gambling companies are no exceptions, all government needs all the help that they can get at this time of pandemic from companies who are willing to help the government.
If there are no government officials involved and its pure helping thesociety or just giving back for the supporters then its fine, but if there are politicians whogets to involved then its a different question as they might using it for their benefits. Giving program usually happens in my country when election is upcoming and politician uses companies who says sponsored them but they just plainly use the peoples money or some donations. If its pure advocacy from the gambling comoany to really help thenwe should just be thankful for the help.
hero member
Activity: 2702
Merit: 704
This is entirely depends on a country if it is a good thing or a bad thing and how much money they are going to allocate to help those in needs.

For example here in the Philippines, since the pandemic hits, Online sabong became popular, and a lot of people got addicted to it. Some of them sold their properties and belongings just to have money to bet on it. Now, the only "help" that Online sabong can offer is the tax they are paying the Government which supposedly going to be use to give relief goods to those people that needs it.

And another problem appears, and that is because the poor are also risking their money on gambling and the relief goods that they are going to receive are sometimes much smaller on the amount they had lost in gambling, so it's not a good thing in my opinion. Also add the fact that other government officials are stealing the allotted money for relief goods to aid the people.
While what you are describing is very upsetting at the end of the day those people are responsible for their actions, no one forced them to gamble and it is obvious they had a completely mistaken idea of what gambling is really about.

It seems they thought they could earn some easy money during the pandemic in which a lot of people lost their jobs and they found out the hard way this is not how it really works, it is sad but they need professional help to leave their gambling addiction behind and they also need to understand the math behind the games so this does not happen to them again once they recover.
hero member
Activity: 1316
Merit: 502
People should not view this negatively or perceive that gambling companies are trying to make look good in exchange for light regulation, they want to help because many companies want to give back to society, and gambling companies are no exceptions, all government needs all the help that they can get at this time of pandemic from companies who are willing to help the government.
I understand that we need to be objective in this regard but if the casino really wants to help, they can quietly do so through each phase of the year, it is not necessary to take this action right at the time of a pandemic, the meaning of this action in each moment will bring about very different perspectives. This action during a pandemic can only mean a common contribution of businesses to the community, casinos are not necessarily in exchange for a regulatory softness or government satisfaction, they are in exchange for an economic opportunity for them.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
==

in pandemic time, the government will enforce businesses to help the country stimulate the economy. Biden already calls for an increase in corporate taxes and even individuals with higher income to pay more taxes and it's for the people as well. casino businesses will have no excuse not to help after all they have been supporting the local governments for a long time. i don't know if there are still people going to vegas these days but i can see pawnstar series is running on the history channel. it must be.
I do not know what is happening with the other countries but I think the other countries do almost the same thing. Their focus now is how to reduce the number of infected people from the virus and they want to help as many people as they can and always warn their citizen who does not obey the rule. But the help needs to continue and needs more support from many companies. We do not know how many casinos still open in this pandemic and I hope the casino can still help as they can.

If numbers of legal casino is open even if pandemic still happening well provably they can help but I don't know if there are so many of them open as I see in my country until now they are closed, also government cannot rely on those casino running online since there are so many unregistered so if they can get help from the taxes maybe only low amount only although this one is quite helpful but not sustainable in the long run as there are so many people need help.

If this disease will control and casino also others are opening back it can help to revive back the economy.
I think the government will have the data about the casino in their jurisdiction to know which casino that already reopen and which is still close. The government will give easiness to the casino to operate but they must follow the health protocol for their members. The taxes from the casino really worth it, and so do the taxes from other business. It still hard to control the online casino around their country as the casino can register using the other country to avoid the tax. As long as the government can still get help from many owner businesses, that really helps them recover and help people from this pandemic.
legendary
Activity: 3122
Merit: 1171
People should not view this negatively or perceive that gambling companies are trying to make look good in exchange for light regulation, they want to help because many companies want to give back to society, and gambling companies are no exceptions, all government needs all the help that they can get at this time of pandemic from companies who are willing to help the government.

If they wish to give back why they don't lower house edge? So we gamblers can have something from that too! Smiley

Jokes on the side, they are doing that for lower taxes... Simply they are making a lot of money, taxes for gambling are high, so probably owners earn less... but if they do something here and there, they will have some tax benefits and they will have a higher profit! Negative or positive, it's not a question here, probably all companies that earn a lot should be forced to do similar things and probably we would have a better society!

Similar actions could be seen in my country... they invested in kid's playgrounds, food for the hungry, and other things, in many towns!
sr. member
Activity: 2002
Merit: 269
People should not view this negatively or perceive that gambling companies are trying to make look good in exchange for light regulation, they want to help because many companies want to give back to society, and gambling companies are no exceptions, all government needs all the help that they can get at this time of pandemic from companies who are willing to help the government.
hero member
Activity: 2520
Merit: 783
==

in pandemic time, the government will enforce businesses to help the country stimulate the economy. Biden already calls for an increase in corporate taxes and even individuals with higher income to pay more taxes and it's for the people as well. casino businesses will have no excuse not to help after all they have been supporting the local governments for a long time. i don't know if there are still people going to vegas these days but i can see pawnstar series is running on the history channel. it must be.
I do not know what is happening with the other countries but I think the other countries do almost the same thing. Their focus now is how to reduce the number of infected people from the virus and they want to help as many people as they can and always warn their citizen who does not obey the rule. But the help needs to continue and needs more support from many companies. We do not know how many casinos still open in this pandemic and I hope the casino can still help as they can.

If numbers of legal casino is open even if pandemic still happening well provably they can help but I don't know if there are so many of them open as I see in my country until now they are closed, also government cannot rely on those casino running online since there are so many unregistered so if they can get help from the taxes maybe only low amount only although this one is quite helpful but not sustainable in the long run as there are so many people need help.

If this disease will control and casino also others are opening back it can help to revive back the economy.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
==

in pandemic time, the government will enforce businesses to help the country stimulate the economy. Biden already calls for an increase in corporate taxes and even individuals with higher income to pay more taxes and it's for the people as well. casino businesses will have no excuse not to help after all they have been supporting the local governments for a long time. i don't know if there are still people going to vegas these days but i can see pawnstar series is running on the history channel. it must be.
I do not know what is happening with the other countries but I think the other countries do almost the same thing. Their focus now is how to reduce the number of infected people from the virus and they want to help as many people as they can and always warn their citizen who does not obey the rule. But the help needs to continue and needs more support from many companies. We do not know how many casinos still open in this pandemic and I hope the casino can still help as they can.
hero member
Activity: 1694
Merit: 516
Why? because there are so many casinos that closed while the pandemic is attacking so how can they help the government when they are not gaining anything ?
best if they are been allowed to operate so at least percentage of their income will be in Aid for the pandemic victims.
^ Not all gambling casino was closed during the pandemic, in my country, when the result of infective was dropped down or in curve line. Many gambling casinos started their operations but they only allowed to operate half of the percentage as a normal one. They also reduce their staff just to survive and you know what? that was a big help that can contribute to the country that can recover from the financial problem and also can aid the pandemic victims. Nevertheless, the revenue that they generate can not sustain overall but at least can contribute.

Oh that's very nice, in my country all the casinos are still closed. I wish they would open up again, I mean people can wear masks, there can be plastic barriers and they could even ask for a negative corona test before entering. Like you said letting casinos open up again can have a lot positive effects for a country. There are going go be more tax revenues and will be more relaxed. Online gambling is fun but there is nothing that can beat visiting actual casinos with their awesome flair.
legendary
Activity: 2352
Merit: 1041
Smart is not enough, there must be skills
~~~
This was seems a good reason why gambling establishments or gambling must maintain a good relationship to the Government especially paying taxes on time. Here in our country, online gambling firms continue their business ventures despite of quarantine protocol implemented nationwide and how I wish that those gambling firms are being tracked down by our government to obligue to pay their taxes because it was literally big help to the economy.
An industry that is always obedient to paying taxes is one that is profitable in helping the government economy, especially gambling. People will be happy if the government opens up opportunities for other gambling industries.
In every country there are always rules where they will oppose gambling, this can lead to something bad and the opposite is also to legalize freely so there will be many things that we have to prepare what the government orders.
Even if we have to comply with health protocols, it is an obligation for every citizen because considering this is currently a pandemic.
sr. member
Activity: 2324
Merit: 454
It is also true in case of online casinos. People have turned to online gambling ever since the pandemic has hit. We did see a rise in the number of gamblers last year. With cases rising back again to it's peak, some countries might once again put strict restrictions everywhere or may even go back to an initial lockdown. We may see another rise in the volume of bets being placed in online casino. At least it is providing (some) people entertainment while being housebound.
We will have to wait and see but I doubt that things are going to get as ugly as they did during the last year, after all governments have made a point to vaccinate the people that have the most exposure to the virus and the ones that suffer the greatest effects of the virus as well, so even if the third wave is coming I find it very difficult to believe that it is going to be as bad as it was last year.

With that in mind then I think that healthcare protocols are going to be relaxed a little bit and the economic activity of the countries will begin to catch up so it is important that anyone that can help a little bit do so right now which is the moment in which people need that help the most.

This is entirely depends on a country if it is a good thing or a bad thing and how much money they are going to allocate to help those in needs.

For example here in the Philippines, since the pandemic hits, Online sabong became popular, and a lot of people got addicted to it. Some of them sold their properties and belongings just to have money to bet on it. Now, the only "help" that Online sabong can offer is the tax they are paying the Government which supposedly going to be use to give relief goods to those people that needs it.

And another problem appears, and that is because the poor are also risking their money on gambling and the relief goods that they are going to receive are sometimes much smaller on the amount they had lost in gambling, so it's not a good thing in my opinion. Also add the fact that other government officials are stealing the allotted money for relief goods to aid the people.
hero member
Activity: 2170
Merit: 530
It is in the interest of every gambling company to keep the government in the country where they are based happy. If they do not keep the government happy then restrictions or further taxes on such activity are likely to happen. I am fairly sure that it is also written into the agreement that a portion of funds will be spent on good causes, this is not the owners of the National Lottery being in any way benevolent. While it is definitely helpful that they spend this money on good causes, it is little different than mining or oil companies funding certain projects to get a favorable stance from politicians. The National Lottery used to be owned by the UK government before it sold off a huge cash cow, now I am fairly sure it's owned by some Canadian teachers pension fund who understand the long term value.
This was seems a good reason why gambling establishments or gambling must maintain a good relationship to the Government especially paying taxes on time. Here in our country, online gambling firms continue their business ventures despite of quarantine protocol implemented nationwide and how I wish that those gambling firms are being tracked down by our government to obligue to pay their taxes because it was literally big help to the economy.
hero member
Activity: 2590
Merit: 644
Why? because there are so many casinos that closed while the pandemic is attacking so how can they help the government when they are not gaining anything ?
best if they are been allowed to operate so at least percentage of their income will be in Aid for the pandemic victims.
^ Not all gambling casino was closed during the pandemic, in my country, when the result of infective was dropped down or in curve line. Many gambling casinos started their operations but they only allowed to operate half of the percentage as a normal one. They also reduce their staff just to survive and you know what? that was a big help that can contribute to the country that can recover from the financial problem and also can aid the pandemic victims. Nevertheless, the revenue that they generate can not sustain overall but at least can contribute.
full member
Activity: 2366
Merit: 207
★Bitvest.io★ Play Plinko or Invest!
==
Nope, it would just be temporal and not would be a permanent thing for gambling business to give out full support on letting those people do rely on them when it comes to
primary needs and other sources for them to live or sustain this pandemic.We know that this is a business not a charity which its expected that they would really be giving out some
donations but that would really be just good for a certain period of time but dont expect that it would really take too long but its better than have nothing at all.
This would really be giving out some good impressions towards the business which would really be plus in both sides.
Yes, that will not be a permanent thing, but if the casino can still allocate some money to help people who needed after the pandemic is ended, that will give the government support that they are not alone to take care of their citizens. In this situation, every help from people, whether the casino, company or personal, will really worth it to people who needed it, not just from the government trying to solve and help their people. Still, all people gather to give their support to survive this pandemic.

in pandemic time, the government will enforce businesses to help the country stimulate the economy. Biden already calls for an increase in corporate taxes and even individuals with higher income to pay more taxes and it's for the people as well. casino businesses will have no excuse not to help after all they have been supporting the local governments for a long time. i don't know if there are still people going to vegas these days but i can see pawnstar series is running on the history channel. it must be.



Best to just say "Some Countries" because only few of them has implemented this action .

Why? because there are so many casinos that closed while the pandemic is attacking so how can they help the government when they are not gaining anything ?
best if they are been allowed to operate so at least percentage of their income will be in Aid for the pandemic victims.
legendary
Activity: 3066
Merit: 1049
Eloncoin.org - Mars, here we come!
==
Nope, it would just be temporal and not would be a permanent thing for gambling business to give out full support on letting those people do rely on them when it comes to
primary needs and other sources for them to live or sustain this pandemic.We know that this is a business not a charity which its expected that they would really be giving out some
donations but that would really be just good for a certain period of time but dont expect that it would really take too long but its better than have nothing at all.
This would really be giving out some good impressions towards the business which would really be plus in both sides.
Yes, that will not be a permanent thing, but if the casino can still allocate some money to help people who needed after the pandemic is ended, that will give the government support that they are not alone to take care of their citizens. In this situation, every help from people, whether the casino, company or personal, will really worth it to people who needed it, not just from the government trying to solve and help their people. Still, all people gather to give their support to survive this pandemic.

in pandemic time, the government will enforce businesses to help the country stimulate the economy. Biden already calls for an increase in corporate taxes and even individuals with higher income to pay more taxes and it's for the people as well. casino businesses will have no excuse not to help after all they have been supporting the local governments for a long time. i don't know if there are still people going to vegas these days but i can see pawnstar series is running on the history channel. it must be.


hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
==
Nope, it would just be temporal and not would be a permanent thing for gambling business to give out full support on letting those people do rely on them when it comes to
primary needs and other sources for them to live or sustain this pandemic.We know that this is a business not a charity which its expected that they would really be giving out some
donations but that would really be just good for a certain period of time but dont expect that it would really take too long but its better than have nothing at all.
This would really be giving out some good impressions towards the business which would really be plus in both sides.
Yes, that will not be a permanent thing, but if the casino can still allocate some money to help people who needed after the pandemic is ended, that will give the government support that they are not alone to take care of their citizens. In this situation, every help from people, whether the casino, company or personal, will really worth it to people who needed it, not just from the government trying to solve and help their people. Still, all people gather to give their support to survive this pandemic.
Pages:
Jump to: