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Topic: Gambling firms helping Government and people during quarantine, literally. - page 7. (Read 993 times)

sr. member
Activity: 2366
Merit: 305
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That is true, in my country gambling industry was a big contribution in terms of helping our government to recover lost fund because of the pandemic, due to the massive revenue that was made by most gambling companies, it was helping the government to stand again where their money helping to their citizen to cope up the financial assistance that they need during the lockdown.

Not only by that, but there are also different gambling institutions that helped the government via donations and I think that's enough to prove that gambling isn't a bad industry, sometimes it will help our society.
full member
Activity: 2128
Merit: 180
Most of the casinos have their own ways to help people, and in my country its called as their corporate social responsibility where they need to do an outreach program on many ways. Casinos are just like a normal companies as well, and if they are big enough I’m sure they’ll do some donations to help the government fight the poverty and this pandemic, let’s just hope that they didn’t donate for something else.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
The regulators in UK should ease up on the gambling companies in the UK, because of the help they are getting it's a fact that the gambling industry in any country contributes to the coffer of any country, here in our country our government is the one running the national lottery and it's a big help for their infrastructure and medical needs of our people, the government should consider the contribution of the gambling industry, and should also help them by limiting the restrictions.


Each government in certain countries does really have different impressions towards gambling.Some do look positive on them but most of the time they are really on that non-appealing side where they do really restrict out or would really be putting up some limits or restrictions without even realizing on what are the things that they can really contribute on not only on the revenue or tax itself but also with other means since these businesses
do really generate tons of money aspite of the current pandemic situation we are in.I dont see anything wrong with this manner on what been mentioned or discussed on op even though most will see this to be not
really that a nice collaboration but for the sake of this hard situation then these events is really making out some relevance.

desperate times, desperate measures. though gambling is not perceived to be good by most people but if it will help the government to uplift the economy, why not? we dont need to be choosy these days. like others have said, it is a win-win situation. so just look at the positive impact that it may give to its people. anyway, it is up to the individual if he will be hooked to gambling during this pandemic. the establishments for sure will put up some warnings or reminders to its players.
full member
Activity: 1274
Merit: 115
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Great news and it is very helpful in this time of pandemic.
I think most of the huge gambling firm who earns a lot are doing some charity work or givin out donations,
Even some of our online or crypto gambling sites help out through donating some of their profit,
I forgot the gambling site and I don't know if they are still donating to a random charity program but they let the people vote each time they does that's all that I remember.
sr. member
Activity: 2604
Merit: 338
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The regulators in UK should ease up on the gambling companies in the UK, because of the help they are getting it's a fact that the gambling industry in any country contributes to the coffer of any country, here in our country our government is the one running the national lottery and it's a big help for their infrastructure and medical needs of our people, the government should consider the contribution of the gambling industry, and should also help them by limiting the restrictions.


Each government in certain countries does really have different impressions towards gambling.Some do look positive on them but most of the time they are really on that non-appealing side where they do really restrict out or would really be putting up some limits or restrictions without even realizing on what are the things that they can really contribute on not only on the revenue or tax itself but also with other means since these businesses
do really generate tons of money aspite of the current pandemic situation we are in.I dont see anything wrong with this manner on what been mentioned or discussed on op even though most will see this to be not
really that a nice collaboration but for the sake of this hard situation then these events is really making out some relevance.
legendary
Activity: 3416
Merit: 1225
The regulators in UK should ease up on the gambling companies in the UK, because of the help they are getting it's a fact that the gambling industry in any country contributes to the coffer of any country, here in our country our government is the one running the national lottery and it's a big help for their infrastructure and medical needs of our people, the government should consider the contribution of the gambling industry, and should also help them by limiting the restrictions.

hero member
Activity: 2968
Merit: 687
I read in the news that the government of Curacao got help from the Netherlands, if people would know how much money is involved in gambling there, then it does not make any sense why the government is not as rich as Bill gates.
Why wouldn't you tell them?  Cheesy Joking aside, they are much fully aware on the possibility of that thing but do you really think that they would just simply just jump in?

As same those sentiments above that this would really be a win-win situation both of gambling firms and with the government.They do benefit it out into those things
that they've been doing on.

Its really an advertisement or a good publicity with that gambling firm since it would really be recommended by the government itself or been approved out
at the same time they are really feeding up those fellas who are in the top position.
hero member
Activity: 2814
Merit: 734
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In some countries the National Lottery have to give a specific percentage of the profit to charities as a prerequisite to operate in that country. So the government will only grant them a license to operate, if they give that percentage back to charities.

Governments justify the unethical behavior, because they know any additional funding will grant them extra funding for other government projects. This is one of the reasons why they hunt down "illegal" operators, because they do not pay taxes and they also do not adhere to the requirements to fund charities.  Roll Eyes
That is pretty much what happens in my home country as well, gambling is legal but it is difficult to obtain a casino license, for a long time the only accepted way to gamble was through the national lottery and the reason that was allowed was simply because all the profits went to different charitable causes.

Private casinos and lotteries were not allowed until one decade ago and not only they are heavily taxed they also need to give a percentage of their profits to charity, so what the OP posted does not surprise me at all.
legendary
Activity: 3234
Merit: 1214
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Everything has got its good associated with the bad. With gambling the same is the truth. There are gamblers who are doing good to the people in need with the money won out of gambling. They never reveal it to the outside world, the gambling firms should've done it in such a way without revealing their identity. As an user mentioned, it'll get compensated in some other form. The spending on the project might be a very small part of their revenue, but the promotion is very big for them.
full member
Activity: 1022
Merit: 133
I don't think this should be an issue to go gaga for casinos and praise them  Cheesy they are donating money to help the youth and everything, but Governments has put certain laws strictly for gambling to help the problem and gambling addicts and to save them from going to poverty or bankrupt. Like this, any company can just donate money and be a star in the government's eyes and get special privileges from the government. If a government considers it good that 4% of revenue comes off from problem gamblers and see it positively, I don't think that government really cares for the people.
hero member
Activity: 1722
Merit: 508
I read in the news that the government of Curacao got help from the Netherlands, if people would know how much money is involved in gambling there, then it does not make any sense why the government is not as rich as Bill gates.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
In some countries the National Lottery have to give a specific percentage of the profit to charities as a prerequisite to operate in that country. So the government will only grant them a license to operate, if they give that percentage back to charities.

Governments justify the unethical behavior, because they know any additional funding will grant them extra funding for other government projects. This is one of the reasons why they hunt down "illegal" operators, because they do not pay taxes and they also do not adhere to the requirements to fund charities.  Roll Eyes
hero member
Activity: 2268
Merit: 789
Every deed has an agenda. In this case, the support given by this gambling firm will be compensated in some sort exposure and advertisement by the Government. In addition, this support will definitely be in favor of this gambling firm in terms of their licenses and other technical requirements which would benefit them in the future.

Regardless, I see this as a win-win situation in both sides as both have favourable outcomes at the end.

Quote
Now , How do you think this would affect the Image that the government did make of such gambling firms ?

Definitely on the positive side. The support will not only cater to the support given to the Government but this will also affect the people in the country. With this in mind, the view by the Government on gambling will become favourable.
hero member
Activity: 1890
Merit: 831
Quote
The National Lottery Community Fund will invest around £18m ($25m) to the UK Government’s ‘Changing Futures’ programme.

This additional funding will take the programme’s total to £64m and will also extend the length of the project to three years.

The programme is designed to help adults facing issues like homelessness, drug, and domestic abuse and invites local organisations to partner with disadvantaged individuals.

It was announced last year and encourages local authorities to integrate local services, to focus on each person and reduce the demand on reactive services.

The Minister for Rough Sleeping and Housing, Eddie Hughes, said: “With thanks to The National Lottery Community Fund, the nearly £64m Changing Futures scheme can now expand the support available and enable more vulnerable people in our communities to get the help they need.

“It is important for the most vulnerable in our society to have access to a range of support from different services.”

Interim CEO at The National Lottery Community Fund, John Rose, adds: “We are delighted to be supporting the Changing Futures programme through an additional investment of £17.9 million.

“Through our Fulfilling Lives programme in England, we have seen people who have lived experience come together in partnerships with communities to develop new approaches which can better support adults facing multiple disadvantage.”

This latest investment builds on the National Lottery’s ‘Fulfilling Lives’ programme. Over the course of eight years, the lottery has invested £112m to support vulnerable people.

The National Lottery also raised £30m every week for UK good causes and has distributed £41bn across the UK since 1994.

The National Lottery licence is up for grabs from 2023, with the likes of Sazka Group challenging current licensee Camelot Group.


source

Apparently A Gambling Firm In the UK related to lotteries is going to help the UK Government for a program which aims to provide support for the people who are suffering from homelessness , have a disability, some problems etc. They are going to team up with the Government and the local bodies to make sure future of such Individuals are good.

They are putting millions of investment in the program , it was incase announced last year but this year they have decide to increase the support to the same.

Now , How do you think this would affect the Image that the government did make of such gambling firms ?
With high taxes and returns they had to face a lot of disparities which at the end cause a lot of problems for the small businesses and if I remember the Government did make tougher gambling laws and created a havoc for the community but at the end they are doing good for the people so I do believe the Government should at least start seeing it as : less problematic.

Addictions are now bring tackled by every gambling sites locally and at the same time the companies have built in help centers free to use for the problem gamblers (considering how expensive mental health care and appointment for a psychiatrist is) , I do believe we can see more favourable laws in the lieu of gambling in the UK at least for a while because apparently the problem gamblers are the ones generating 4% of the revenue.
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