Topic: How can online casinos Pay it forward? - page 2. (Read 256 times)
when talking about sponsoring and opening a campaign, it seems every gambling site has its own way of doing it. although in fact any promotion in the end will return to their hands and unknowingly they will reap a lot of benefits from the players, especially for those who do not have licenses and only cut a few percent of the income they can to sponsor and open a campaign
I'm not sure what the brick & mortar casinos do in my area, but they're all owned by native Americans and they get tax breaks up the wazoo, so they're not even giving back in the form of taxes a normal business would pay. I've no problem with that, given the history of the US, but I don't think they specifically "give" anything back. They are inherently a boon to the local economy in the form of the jobs they provide and the money they spread around because of their operations.
But online casinos? I think I've written about this before. They are the least likely to give anything back. Not even to the local economies like what I just mentioned with the NA casinos. They are out for themselves and I think most of them operate outside the law, and you're lucky if you even know what country a given casino operates in. So a big NO here. I don't think they'll do anything like that.
But online casinos? I think I've written about this before. They are the least likely to give anything back. Not even to the local economies like what I just mentioned with the NA casinos. They are out for themselves and I think most of them operate outside the law, and you're lucky if you even know what country a given casino operates in. So a big NO here. I don't think they'll do anything like that.
They are not likely to do this, because they do not normally have an incentive to do it. If we can give them a reason to do
this, where they can benefit... then they will do this. How do they benefit... well, they benefit from this through the exposure
that they get from this {advertising} and also the increase of adoption {gamers participating in the tournaments} and most of
them can still stay anonymous, if they are operating illegally. {The community arrange the tournaments and they just offer
Bitcoin prizes for the events and the tournaments.} This is a WIN/WIN scenario for all involved.
This is the most interesting post I’ve seen on this board in months. Crypto casinos make loads of money, you only have to see their crypto addresses and stats.
You talk about online casinos operating without licenses but I think most of them do, especially online fiat ones. What happens with they crypto ones is that they get a license in a tax haven and accept people from regulated countries, where they should get another license to do so.
I’m not really sure how they would engage in pay it forward activities, but I think if the idea gets spread some of them will do. Helping to promote bitcoin and cryptos would be giving back to crypto society part of their profits as being grateful, which, in turn, could lead more people to crypto casinos as well.
You talk about online casinos operating without licenses but I think most of them do, especially online fiat ones. What happens with they crypto ones is that they get a license in a tax haven and accept people from regulated countries, where they should get another license to do so.
I’m not really sure how they would engage in pay it forward activities, but I think if the idea gets spread some of them will do. Helping to promote bitcoin and cryptos would be giving back to crypto society part of their profits as being grateful, which, in turn, could lead more people to crypto casinos as well.
Exactly, the money "donated" and "sponsored" will eventually end up in their pockets again, because these initiatives will
increase adoption and with increased adoption comes possible increased gambling and more profits for them. I cannot see
why these casinos cannot pay something back into the Bitcoin community? Yes, Fiat casinos is not necessarily the people I
am directing this to, I was more thinking of the online casinos that use Bitcoin. {or BTC and other Alt coins} Why should
they milk money from the Bitcoiners and have no community involvement?
I'm not sure what the brick & mortar casinos do in my area, but they're all owned by native Americans and they get tax breaks up the wazoo, so they're not even giving back in the form of taxes a normal business would pay. I've no problem with that, given the history of the US, but I don't think they specifically "give" anything back. They are inherently a boon to the local economy in the form of the jobs they provide and the money they spread around because of their operations.
But online casinos? I think I've written about this before. They are the least likely to give anything back. Not even to the local economies like what I just mentioned with the NA casinos. They are out for themselves and I think most of them operate outside the law, and you're lucky if you even know what country a given casino operates in. So a big NO here. I don't think they'll do anything like that.
But online casinos? I think I've written about this before. They are the least likely to give anything back. Not even to the local economies like what I just mentioned with the NA casinos. They are out for themselves and I think most of them operate outside the law, and you're lucky if you even know what country a given casino operates in. So a big NO here. I don't think they'll do anything like that.
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This is the most interesting post I’ve seen on this board in months. Crypto casinos make loads of money, you only have to see their crypto addresses and stats.
You talk about online casinos operating without licenses but I think most of them do, especially online fiat ones. What happens with they crypto ones is that they get a license in a tax haven and accept people from regulated countries, where they should get another license to do so.
I’m not really sure how they would engage in pay it forward activities, but I think if the idea gets spread some of them will do. Helping to promote bitcoin and cryptos would be giving back to crypto society part of their profits as being grateful, which, in turn, could lead more people to crypto casinos as well.
You talk about online casinos operating without licenses but I think most of them do, especially online fiat ones. What happens with they crypto ones is that they get a license in a tax haven and accept people from regulated countries, where they should get another license to do so.
I’m not really sure how they would engage in pay it forward activities, but I think if the idea gets spread some of them will do. Helping to promote bitcoin and cryptos would be giving back to crypto society part of their profits as being grateful, which, in turn, could lead more people to crypto casinos as well.
The Brick n Mortar casinos in my area are very involved with sponsoring large events and hosting large tournaments not
relating to gambling. {Sport / Chess tournaments etc.} It is part of their licence agreement to be able to operate in our
country. They have to "Pay it forward" by ploughing something back into the community, where they are located.
The online gambling scene has no obligation to do anything like this and most operate without a license, so there are no
incentive for them to "Pay it Forward"
So, I want to ask these casinos if they can willingly sponsor some Bitcoin events or some advertising campaigns to increase
Bitcoin awareness, to increase adoption. Bitcoin cannot grow without someone actively funding marketing campaigns or
events to increase awareness. They can even fund Bitcoin start-ups that shows promise and which would increase adoption.
There are millions of gamers out there for instance that would participate in online gaming tournaments, if they sponsored
big prizes for these tournaments.
sponsorship money>
So what do you think, would these online casinos be willing to do this?
relating to gambling. {Sport / Chess tournaments etc.} It is part of their licence agreement to be able to operate in our
country. They have to "Pay it forward" by ploughing something back into the community, where they are located.
The online gambling scene has no obligation to do anything like this and most operate without a license, so there are no
incentive for them to "Pay it Forward"
So, I want to ask these casinos if they can willingly sponsor some Bitcoin events or some advertising campaigns to increase
Bitcoin awareness, to increase adoption. Bitcoin cannot grow without someone actively funding marketing campaigns or
events to increase awareness. They can even fund Bitcoin start-ups that shows promise and which would increase adoption.
There are millions of gamers out there for instance that would participate in online gaming tournaments, if they sponsored
big prizes for these tournaments.
sponsorship money>
So what do you think, would these online casinos be willing to do this?
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