Pages:
Author

Topic: Government Owned Online Casinos What Do You Think Of Its Potential (Read 1193 times)

legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
Unfortunately, that is really the sad reality in the world we live in because there is only few public officials who were really honest during their term especially if they were exposed to this kind of industries that will make them instant reach if they want but they chose not to. But mostly, as you said, there are more corrupt officials than the good ones and many officials have already been proven guilty and been jailed for it.

Honestly, it's much better for a country not to run any gambling business that their own government officials will man it because that will just result to an unwanted situations. It's still much better to just reap the fruits year from the revenues generated by these private gambling businesses.

Therefore, the share of the state should be reduced to a minimum wherever possible. We can't have private courts or police (although some functions like security can be performed by private firms) but I don't see any reason why we should involve the state in running the casino business. A lot of individuals and organizations are ready to do this, compete with each other and provide the best service - why break this working system? After all, in the end we will get the worst product with a corrupt official. It's just not wise.

That's right and it's a total waste of resources because putting a government official to oversee the gambling business of the government will mean that they will have to pay the salary of that official monthly even though that specific official is already earning much more he could earn annually in just a mere month. Just let the private businessmen do this kind of business because the revenues generated by these industries will be much more enough to help the economy.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
Always have that effect when government take the ownership, corruptions is not a question but a reality that will take place,

I see your point and that is right, there are many private business owners who can cater this business allow them to own and compete

with each other will guarantee a good amount of taxes. Just be keen in collecting all the taxes from those businesses instead of having one.
this is caused by several elements/mafia rulers who have scope in government. corruption is bound to happen and the mafia in the government do this because they can do whatever they want for example money laundering or corruption. Government-owned casinos are the thing that triggers big problems that occur in the sphere of government. In conclusion, it is better for the government not to operate casinos in their country, it is better for them to take care of the welfare of the people than to focus on gambling which will have a bad impact on the country. Let the private parties operate the casinos because they focus more on what they manage than the casinos that are run by the government.
sr. member
Activity: 2296
Merit: 360
Unfortunately, that is really the sad reality in the world we live in because there is only few public officials who were really honest during their term especially if they were exposed to this kind of industries that will make them instant reach if they want but they chose not to. But mostly, as you said, there are more corrupt officials than the good ones and many officials have already been proven guilty and been jailed for it.

Honestly, it's much better for a country not to run any gambling business that their own government officials will man it because that will just result to an unwanted situations. It's still much better to just reap the fruits year from the revenues generated by these private gambling businesses.

Therefore, the share of the state should be reduced to a minimum wherever possible. We can't have private courts or police (although some functions like security can be performed by private firms) but I don't see any reason why we should involve the state in running the casino business. A lot of individuals and organizations are ready to do this, compete with each other and provide the best service - why break this working system? After all, in the end we will get the worst product with a corrupt official. It's just not wise.

Always have that effect when government take the ownership, corruptions is not a question but a reality that will take place,

I see your point and that is right, there are many private business owners who can cater this business allow them to own and compete

with each other will guarantee a good amount of taxes. Just be keen in collecting all the taxes from those businesses instead of having one.


It would really be that no sense if government would really be creating one.Just to have that main question on who would be the one to make use of revenue of the casino owned by the government?
Where they do get those capital or funding from? Also to taxes? It would really be just no sense on creating one thats why government wouldnt really be that mindful on running one.
Certain individuals or business owners are the ones will really be having consideration on running online casinos or physical ones as long they are paying correct or exact taxes
then it wont really be creating problems in regarding on that matter.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Unfortunately, that is really the sad reality in the world we live in because there is only few public officials who were really honest during their term especially if they were exposed to this kind of industries that will make them instant reach if they want but they chose not to. But mostly, as you said, there are more corrupt officials than the good ones and many officials have already been proven guilty and been jailed for it.

Honestly, it's much better for a country not to run any gambling business that their own government officials will man it because that will just result to an unwanted situations. It's still much better to just reap the fruits year from the revenues generated by these private gambling businesses.

Therefore, the share of the state should be reduced to a minimum wherever possible. We can't have private courts or police (although some functions like security can be performed by private firms) but I don't see any reason why we should involve the state in running the casino business. A lot of individuals and organizations are ready to do this, compete with each other and provide the best service - why break this working system? After all, in the end we will get the worst product with a corrupt official. It's just not wise.

Always have that effect when government take the ownership, corruptions is not a question but a reality that will take place,

I see your point and that is right, there are many private business owners who can cater this business allow them to own and compete

with each other will guarantee a good amount of taxes. Just be keen in collecting all the taxes from those businesses instead of having one.

hero member
Activity: 756
Merit: 629
Unfortunately, that is really the sad reality in the world we live in because there is only few public officials who were really honest during their term especially if they were exposed to this kind of industries that will make them instant reach if they want but they chose not to. But mostly, as you said, there are more corrupt officials than the good ones and many officials have already been proven guilty and been jailed for it.

Honestly, it's much better for a country not to run any gambling business that their own government officials will man it because that will just result to an unwanted situations. It's still much better to just reap the fruits year from the revenues generated by these private gambling businesses.

Therefore, the share of the state should be reduced to a minimum wherever possible. We can't have private courts or police (although some functions like security can be performed by private firms) but I don't see any reason why we should involve the state in running the casino business. A lot of individuals and organizations are ready to do this, compete with each other and provide the best service - why break this working system? After all, in the end we will get the worst product with a corrupt official. It's just not wise.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
That's how money works, pushing people to greediness and not allowing anyone to compete,

Corruptions is the number one problem, the money that will flow around the business will be influenced by someone who has higher authorities, from that scheme those behind it will also add to the problem, as even in the lower positions corruptions will continue to flow
inside the system.
This is very real, even those in the lowest positions of government will try to make corrupt money from gambling. public trust in the government is already very low, if they manage the gambling business then it will further worsen their image in front of the public.

How could managing a Casino worsen a government's image to the public?  I don't think it happens here in my country since they are able to manage a government-owned casino very well.  Aside from that, they also give licenses to private Casino as long as it has all the requirements and documents needed to operate.

Well, that would be good if you're certainly sure that a corruption is not happening in your country despite the government having their own casino because most of the times, that is not the case because there is indeed a high chance that a certain public servant who is selected to have that kind of power will be of course take advantage of the power to benefit himself or herself. I'm not saying that every country is experiencing this but mostly, that is the case.
When we talk about corruption, many state officials have been arrested for corruption. If that state official has a gambling business, whether legal or illegal, it will surely attract more other state officials, from the highest to the lowest level of their circle. According to them, it is fast money they can get. Apart from gambling problems, you may have heard police officers asking business owners for money under the pretext of security money to protect their business from other police operations. It may also be the case in the gambling business, where casino businesses are legally run but still pay a certain amount of security money to corrupt officers.

So if the government illegally runs the casino, they will try to hide what they are doing from the public and will not say anything. On the other hand, if they legally manage a gambling business, they will ensure that the business runs smoothly and possibly bribe other officers to protect it.

Unfortunately, that is really the sad reality in the world we live in because there is only few public officials who were really honest during their term especially if they were exposed to this kind of industries that will make them instant reach if they want but they chose not to. But mostly, as you said, there are more corrupt officials than the good ones and many officials have already been proven guilty and been jailed for it.

Honestly, it's much better for a country not to run any gambling business that their own government officials will man it because that will just result to an unwanted situations. It's still much better to just reap the fruits year from the revenues generated by these private gambling businesses.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
That's how money works, pushing people to greediness and not allowing anyone to compete,

Corruptions is the number one problem, the money that will flow around the business will be influenced by someone who has higher authorities, from that scheme those behind it will also add to the problem, as even in the lower positions corruptions will continue to flow
inside the system.
This is very real, even those in the lowest positions of government will try to make corrupt money from gambling. public trust in the government is already very low, if they manage the gambling business then it will further worsen their image in front of the public.

How could managing a Casino worsen a government's image to the public?  I don't think it happens here in my country since they are able to manage a government-owned casino very well.  Aside from that, they also give licenses to private Casino as long as it has all the requirements and documents needed to operate.

Well, that would be good if you're certainly sure that a corruption is not happening in your country despite the government having their own casino because most of the times, that is not the case because there is indeed a high chance that a certain public servant who is selected to have that kind of power will be of course take advantage of the power to benefit himself or herself. I'm not saying that every country is experiencing this but mostly, that is the case.
When we talk about corruption, many state officials have been arrested for corruption. If that state official has a gambling business, whether legal or illegal, it will surely attract more other state officials, from the highest to the lowest level of their circle. According to them, it is fast money they can get. Apart from gambling problems, you may have heard police officers asking business owners for money under the pretext of security money to protect their business from other police operations. It may also be the case in the gambling business, where casino businesses are legally run but still pay a certain amount of security money to corrupt officers.

So if the government illegally runs the casino, they will try to hide what they are doing from the public and will not say anything. On the other hand, if they legally manage a gambling business, they will ensure that the business runs smoothly and possibly bribe other officers to protect it.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform


I am not very clear about what the governments are like in other countries, or if in Europe I clearly think that the governments are much more transparent and ethical than in South America and may have enough ethics for it, but at least where I live, the things are not like that, first of all the government wants to manage everything and have its slice of money in each business that is generated, if it is not under their tutelage, then it simply does not happen, and if it happens secretly from the government they run with the risk of being imprisoned, therefore everything that is given in the name of a government, be it a casino or something similar, at least I would stay well away.


Good to hear that transparency still works from where you are, as from my location corrupt officials still exist,

we do have different opinions as per our experiences and out thinking about how the government will handle and operate
their own online gambling site.

If it's pro-people in terms of good sources of taxes and profits and it can be used properly for the government project
then it will be a good project for the government.

Yes, in part those who adhere to doing everything the government says and conditions, well, there is no problem and it can be opened to all people, of course I think that what they give to the government in monetary terms is quite a lot, but it is What must be done to stay active and offer the service, but given that the casinos have been out of the country for almost 20 years, anyone who wants to make a deal with the government is still very profitable. Of course, the few casinos that exist bring in a lot of money, I believe that a monopolization of the business will be generated for those who decide to take the risk.


with some casino could you make a deal with some government and that be profitable? I don't understand how this would be good for the casino? because the casino would have to keep paying taxes and respecting the laws, they wouldn't have any extra privileges with a government deal.

What happens is that in this part of the countries that are from South America, the government often gives the permits for very large businesses so that they can operate, however those casinos that are physical have to adhere to many taxes to give them to the State. And if that's not the case, they simply don't give you the license, but if they come to an agreement with the government, the casinos would be giving a "collaboration" to the government, which in fact is much lower than normal and so on. those in charge of the government win, and the casino would operate normally, this is something that few know, but that many want, and those who do not have that negotiating capacity simply cannot do anything.

That's how money works, pushing people to greediness and not allowing anyone to compete,

Corruptions is the number one problem, the money that will flow around the business will be influenced by someone who has higher authorities, from that scheme those behind it will also add to the problem, as even in the lower positions corruptions will continue to flow
inside the system.
This is very real, even those in the lowest positions of government will try to make corrupt money from gambling. public trust in the government is already very low, if they manage the gambling business then it will further worsen their image in front of the public.

How could managing a Casino worsen a government's image to the public?  I don't think it happens here in my country since they are able to manage a government-owned casino very well.  Aside from that, they also give licenses to private Casino as long as it has all the requirements and documents needed to operate.

Well, that would be good if you're certainly sure that a corruption is not happening in your country despite the government having their own casino because most of the times, that is not the case because there is indeed a high chance that a certain public servant who is selected to have that kind of power will be of course take advantage of the power to benefit himself or herself. I'm not saying that every country is experiencing this but mostly, that is the case.

It is so difficult to think that any ruler of a country is not corrupt, and is not involved in the best businesses that are most lucrative, in fact for me the governments that are most corrupt are those that do not raise any suspicion, those that are always The avant-garde knows that they are involved in everything, especially now that there is so much risk and fear that there may be a possible recession, this has put many on alert to protect themselves, obviously politicians are the first to know sete type of information and share it among them to be able to shield themselves, I think that this is very difficult for it to end one day, the business models of the casions are very profitable for a government to leave it.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
That's how money works, pushing people to greediness and not allowing anyone to compete,

Corruptions is the number one problem, the money that will flow around the business will be influenced by someone who has higher authorities, from that scheme those behind it will also add to the problem, as even in the lower positions corruptions will continue to flow
inside the system.
This is very real, even those in the lowest positions of government will try to make corrupt money from gambling. public trust in the government is already very low, if they manage the gambling business then it will further worsen their image in front of the public.

How could managing a Casino worsen a government's image to the public?  I don't think it happens here in my country since they are able to manage a government-owned casino very well.  Aside from that, they also give licenses to private Casino as long as it has all the requirements and documents needed to operate.

Well, that would be good if you're certainly sure that a corruption is not happening in your country despite the government having their own casino because most of the times, that is not the case because there is indeed a high chance that a certain public servant who is selected to have that kind of power will be of course take advantage of the power to benefit himself or herself. I'm not saying that every country is experiencing this but mostly, that is the case.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
How could managing a Casino worsen a government's image to the public?  I don't think it happens here in my country since they are able to manage a government-owned casino very well.  Aside from that, they also give licenses to private Casino as long as it has all the requirements and documents needed to operate.
There are a bunch of things but number one that people thinks about it would be corruption, We can't deny that. There are also illegal things that could be involved such as money laundering and it could come to the point that there could be drug deals happening on those casino. There are many things that are happening inside those public/private casino that has ties with government officials. These acts will be imprinted on public minds especially if that casino has an history of it. It could vary depending on your country since not every country citizen has the same level of trust in their government.

good point, i agree with what you said, every country has a different level of trust by its citizens.
Likewise if there is a government that owns a casino, I think it depends on the country itself, usually the level of trust will be lost due to unstable political conditions in the country, such as corruption, money laundering and other causes, regardless of the country based on religion as the  part of their law.

I believe, a clean government can manage state-owned casinos well, and of course it is possible for private companies who are interested to open casinos independently with the requirements that apply in the country. both will have different advantages and benefits for the perpetrators and the citizens themselves.
hero member
Activity: 1904
Merit: 541
I think there's no such country that totally depends on casinos for their revenue.

Casino taxes should not be the biggest, otherwise, people living in such countries who are fans of gambling will struggle.
It's only good if it caters tourists and the citizens will have their job in a casino.

You are right about that, but it cannot be denied that it still helps the government, just like the country we belong to has an online casino that is legal and even the lottery. The Government of a country will not allow them to do something like that knowing that they will not gain anything if it does not add to the economy they have.

But if we look at it from another angle, it seems that the government wants to compete with the private sectors that own online gambling, that's what I see that they want to happen. However, this is just my own speculations about this matter.
hero member
Activity: 1176
Merit: 785
The first thing that came up to me after reading is how to generate more customers even if they know it's a government owned casino or gambling site.
For me, the casino business is a multi billion dollars business, and it's not a bad idea government owning a casino in a country both physical or online, as it will serve as an alternative way of generating revenue, because in my country, my state government owns a standard world class hotel, of which revenue is being generated each month for the government. So in regards to how will they get more customers, the answer is very simple, because the same way others got customers, so will they, and we also have the forum for signature campaign adverts, Google ads and e.t.c
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
This is very real, even those in the lowest positions of government will try to make corrupt money from gambling. public trust in the government is already very low, if they manage the gambling business then it will further worsen their image in front of the public.

How could managing a Casino worsen a government's image to the public?  I don't think it happens here in my country since they are able to manage a government-owned casino very well.  Aside from that, they also give licenses to private Casino as long as it has all the requirements and documents needed to operate.
There are a bunch of things but number one that people thinks about it would be corruption, We can't deny that. There are also illegal things that could be involved such as money laundering and it could come to the point that there could be drug deals happening on those casino. There are many things that are happening inside those public/private casino that has ties with government officials. These acts will be imprinted on public minds especially if that casino has an history of it. It could vary depending on your country since not every country citizen has the same level of trust in their government.

It is already common knowledge that corrupt officials are doing such illegal things.  So I don't think that having a Government Casino can make it worst. Besides, citizens won't see any kind of illegal transaction happening inside the casino (they really keep all deals secret) so all these negative connotations are just rumors and speculations unless proven with evidence.
sr. member
Activity: 2296
Merit: 360
That's how money works, pushing people to greediness and not allowing anyone to compete,

Corruptions is the number one problem, the money that will flow around the business will be influenced by someone who has higher authorities, from that scheme those behind it will also add to the problem, as even in the lower positions corruptions will continue to flow
inside the system.
This is very real, even those in the lowest positions of government will try to make corrupt money from gambling. public trust in the government is already very low, if they manage the gambling business then it will further worsen their image in front of the public.

How could managing a Casino worsen a government's image to the public?  I don't think it happens here in my country since they are able to manage a government-owned casino very well.  Aside from that, they also give licenses to private Casino as long as it has all the requirements and documents needed to operate.
There are a bunch of things but number one that people thinks about it would be corruption, We can't deny that. There are also illegal things that could be involved such as money laundering and it could come to the point that there could be drug deals happening on those casino. There are many things that are happening inside those public/private casino that has ties with government officials. These acts will be imprinted on public minds especially if that casino has an history of it. It could vary depending on your country since not every country citizen has the same level of trust in their government.
We are just too judgmental when it comes to government which i couldnt blame on because most of the illegal and non ethical actions could really be done by those who are in power or in position
which i could'nt blame others views and opinions on various things basing up on what they had seen in the past thats why they would really be definitely be saying things which might be true or not
but most likely when we do talk about government then there's a high probability to be this way.I dont see any potential yet we dont know if those revenue or taxes
would be applied on the right path or way or would be ending up on the same scenario on which it would be corrupted.

Government-owned projects are always riddled with corruption and other irregularities that it has become common knowledge around the world that these guys are just there not to protect the public coffers but to create sub-standard projectes with the money and take some for their own pockets. A lot of countries are like this sadly, so even if a country proposes or pushes to create a casino, people will just oppose it because they know what will happen next. We are so aware of what's happening behind the curtain that we don't fully trust governments on projects like this.
legendary
Activity: 3542
Merit: 1352
That's how money works, pushing people to greediness and not allowing anyone to compete,

Corruptions is the number one problem, the money that will flow around the business will be influenced by someone who has higher authorities, from that scheme those behind it will also add to the problem, as even in the lower positions corruptions will continue to flow
inside the system.
This is very real, even those in the lowest positions of government will try to make corrupt money from gambling. public trust in the government is already very low, if they manage the gambling business then it will further worsen their image in front of the public.

How could managing a Casino worsen a government's image to the public?  I don't think it happens here in my country since they are able to manage a government-owned casino very well.  Aside from that, they also give licenses to private Casino as long as it has all the requirements and documents needed to operate.
There are a bunch of things but number one that people thinks about it would be corruption, We can't deny that. There are also illegal things that could be involved such as money laundering and it could come to the point that there could be drug deals happening on those casino. There are many things that are happening inside those public/private casino that has ties with government officials. These acts will be imprinted on public minds especially if that casino has an history of it. It could vary depending on your country since not every country citizen has the same level of trust in their government.

Government-owned projects are always riddled with corruption and other irregularities that it has become common knowledge around the world that these guys are just there not to protect the public coffers but to create sub-standard projectes with the money and take some for their own pockets. A lot of countries are like this sadly, so even if a country proposes or pushes to create a casino, people will just oppose it because they know what will happen next. We are so aware of what's happening behind the curtain that we don't fully trust governments on projects like this.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
That's how money works, pushing people to greediness and not allowing anyone to compete,

Corruptions is the number one problem, the money that will flow around the business will be influenced by someone who has higher authorities, from that scheme those behind it will also add to the problem, as even in the lower positions corruptions will continue to flow
inside the system.
This is very real, even those in the lowest positions of government will try to make corrupt money from gambling. public trust in the government is already very low, if they manage the gambling business then it will further worsen their image in front of the public.

How could managing a Casino worsen a government's image to the public?  I don't think it happens here in my country since they are able to manage a government-owned casino very well.  Aside from that, they also give licenses to private Casino as long as it has all the requirements and documents needed to operate.
There are a bunch of things but number one that people thinks about it would be corruption, We can't deny that. There are also illegal things that could be involved such as money laundering and it could come to the point that there could be drug deals happening on those casino. There are many things that are happening inside those public/private casino that has ties with government officials. These acts will be imprinted on public minds especially if that casino has an history of it. It could vary depending on your country since not every country citizen has the same level of trust in their government.
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
That's how money works, pushing people to greediness and not allowing anyone to compete,

Corruptions is the number one problem, the money that will flow around the business will be influenced by someone who has higher authorities, from that scheme those behind it will also add to the problem, as even in the lower positions corruptions will continue to flow
inside the system.
This is very real, even those in the lowest positions of government will try to make corrupt money from gambling. public trust in the government is already very low, if they manage the gambling business then it will further worsen their image in front of the public.

How could managing a Casino worsen a government's image to the public?  I don't think it happens here in my country since they are able to manage a government-owned casino very well.  Aside from that, they also give licenses to private Casino as long as it has all the requirements and documents needed to operate.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
Their rates will suck against the private casinos but they will probably be safer as well. That's usually how it works with the government owned anything. It is a price you pay for extra safety.

No decent country will do the same thing directly but then they don't really have to. Since the governments tax private businesses, it means they own a portion of every company out there.

I don't think Macau is a decent country so I think they are free to do it.  Cool
If your goal is to make a profit whenever you play gambling and you are also a big gambler then it is a must to gamble on secured gambling places were regulated by a government as they can give you a protection from thieves and they will also do anything to give your money back in case they don't caught the thieves or the thieves spend the money already but I think that there is less or no private casinos at all that can offer those kinds of benefits but despite of that, many people and big gamblers are still playing on them.

I think that they are only praying and hoping that no bad things can happen to them the moment they step inside those gambling places.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
This is very real, even those in the lowest positions of government will try to make corrupt money from gambling. public trust in the government is already very low, if they manage the gambling business then it will further worsen their image in front of the public.
There are two factors that must be carefully considered so that we can conclude on one strong basis that government gambling cannot be trusted in the options it may be corrupt or be a money laundering they carry out. But I think if they do well and are transparent on the accountability report then I think we can trust gambling which is managed by the government. but if their report is not transparent then you can say that they just want to kill the people with the gambling they manage. but I don't like it if the government takes part in managing gambling where this can be a big mess in the future and can damage the younger generation.
full member
Activity: 1890
Merit: 101
That's how money works, pushing people to greediness and not allowing anyone to compete,

Corruptions is the number one problem, the money that will flow around the business will be influenced by someone who has higher authorities, from that scheme those behind it will also add to the problem, as even in the lower positions corruptions will continue to flow
inside the system.
This is very real, even those in the lowest positions of government will try to make corrupt money from gambling. public trust in the government is already very low, if they manage the gambling business then it will further worsen their image in front of the public.
Pages:
Jump to: