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Topic: How many gambling businesses are own by politicians (Read 128 times)

sr. member
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My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?
Your question is difficult to answer because most casino owners don't like to be known, they chose to be anonymous and their casinos get promoted and they make alot of money from it. Of course Politicians are also in the gambling sectot, but I can't figure out a particular person I can call for you now but I know they are into it. While some politicians and celebrity are used for advert to promote some gambling site thereby gaining More popularity and yeilding alot of profit in such business.
sr. member
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I gamble in different places and in different casinos, but I never wanted to know if it is owned by a politician. However, there is no major sector where big politicians and social workers have not invested, they have investments in almost every place.
 Maybe secretly or openly, all people invest in these sites, but I do not know of any gambling site that is directly related to the owners. But there is a lot of history where many politicians and big investors have gambled.
legendary
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My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?
Although gambling is legal in our country, no politician would want their name prominently attached to any gambling platforms, even though they invest in these gambling platforms.
The reason is they might be excluded in the voting preferences of some religious organizations that are against gambling that vote as block, so these politicians decide to work in the background as silent shareholders; they have their own men to represent them in these gambling platforms.
sr. member
Activity: 294
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Don't know, casinos owned by famous politicians so far still don't know, and it's rare for politicians to do business in gambling unless I missed it because I don't know.

Maybe there is a law that politicians can't do business in the gambling industry?

At least for me it is unethical for politicians to own casino sites if their intention is to make more money then become an entrepreneur not a politician.
hero member
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I think that no one will publicly say that he is the owner or in a share of the gambling business, since politics is not about games. But through front men or companies, this may well happen, since serious money is circulating there, and having many useful contacts, a politician may well take advantage of this opportunity and have his own good percentage. In addition, with the advent of cryptocurrency, it is not necessary to go to the office or to the bank for your share.
sr. member
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I don't know about other countries but in the Philippines, politicians are not allowed to own casinos, have part of a casino or even gamble. that being said, I don't know if they strictly enforce these rules because there have been news I've seen in the past about politicians who were seen gambling.
lol since when have politicians been known for following orders and restrictions? we know that sometimes even people with cases guilty of still get to run in the government and even end up winning so it would not be surprised to me if a politician secretly owns a casino

owning a casino is not even bad but i know there have been politicians in the past exposed for running illegal operations involving drugs or smuggled products so what are the chances of someone just operating a casino when it is not as bad as the other things i mentioned?
legendary
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My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?
I do not know any leader that is in high position that owns a casino to be honest. I am talking about Presidents or Vice Presidents. But I am pretty sure that there are Mayors that are at least involved in owning a casino. Even if there were politicians that own casinos, considering the negative image gambling has I do not think these politicians are endorsing their ownserships. They probably keep it secret and only use owning a casino as a business venture.

There may be politicians but I don't think they would disclose it to the public because they want to preserve their image. As a public servant, they don't want them to be associated with gambling so as much as possible they will hide their connections in this industry.
sr. member
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My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?
I do not know any leader that is in high position that owns a casino to be honest. I am talking about Presidents or Vice Presidents. But I am pretty sure that there are Mayors that are at least involved in owning a casino. Even if there were politicians that own casinos, considering the negative image gambling has I do not think these politicians are endorsing their ownserships. They probably keep it secret and only use owning a casino as a business venture.
sr. member
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Lately, politicians have not limited their activities to fighting for political offices and positions but rather have dived into so many other sectors such as interest in Tech and cryptocurrency as we have seen lately with some global leaders getting to the center stage in both tech and cryptocurrency.

My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?

Even if we have them, how do we know, because they are not mostly going to be know like that except the informed us or the public as well as the social media, meanwhile we know that most of them wouldn't admit on this choice to announce themselves.

The politicians may only have the money required to operate a gambling platform, but they really don't have the time for managing it, instead they will have to secure such establishment with the experience ones to help them manage the casino due to the nature of their work and the kind of experience they may be having in it.
hero member
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Do they even make that public? Like in case of Trump, they usually just leave the front lines in businesses like this but in the background, they still hold some power. It's pretty obvious with Trump since he was a founder of the Trump hotels something something (can't recall), but for the rest, it's not as obvious since they might've joined the scene AFTER being a politician. In that case, they'd 100% hide their involvement most of the time. They're politicians man, they'd only want to show what can actually benefit their reputation, and a casino isn't one of them.
hero member
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Lately, politicians have not limited their activities to fighting for political offices and positions but rather have dived into so many other sectors such as interest in Tech and cryptocurrency as we have seen lately with some global leaders getting to the center stage in both tech and cryptocurrency.

They've been doing it for years though, specially local politicians who has wielded a lot of powers like mayors and government. And since everything is online know, they could also into cryptocurrency gambling or at least they are involved or some close associates could be inside already.

My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?

It's a very difficult question to answer because there are a lot of casinos already. Maybe not notable as others, but they could really be trying to get into the gambling business. Or as what others have said, they could be in disguise, building companies to front for them so that they have shield in case something nasty happens and can defend themselves.
legendary
Activity: 2814
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It's impossible to say how many because they are usually hiding behind some front men and shell companies.

For instance, in the EU politicians have to make everything public once a year, so they have to state what cars they own, every piece of land, every investment account and they always cheat, at least most of them cheat. They assign everything to their wives or kids, especially if kids are very young. This is a known loophole because if you, for instance have 2 children, you can technically own 3 houses and 3 cars, but make your kids the owners of one house and one car each. You will still be able to do what you want with your properties because you're a custodial of your children's wealth until they turn 18, but you don't have to declare it.
sr. member
Activity: 518
Merit: 288
Lately, politicians have not limited their activities to fighting for political offices and positions but rather have dived into so many other sectors such as interest in Tech and cryptocurrency as we have seen lately with some global leaders getting to the center stage in both tech and cryptocurrency.

My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?

I don't no if there is any casino that's own by a politician, already politicians doesn't like a business that would attract a lot of eyes on them and secondly people could misinterpret the money the politician use to open the business to be what was meant for the masses, so actually if there are some politician who own a casino I think they most have already gotten and started the business before they became strong on the politice, so actually I don't no about Donald Trump but if he has any it would be when he hasn't become the president of the United States because already he so many assets.
hero member
Activity: 2870
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Lately, politicians have not limited their activities to fighting for political offices and positions but rather have dived into so many other sectors such as interest in Tech and cryptocurrency as we have seen lately with some global leaders getting to the center stage in both tech and cryptocurrency.

My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?
It's very hard to know unless they declare that they are part owner of a casinos as they can get someone to front for them so that they won't be exposed because somewhat as a politician, they will have to protect themselves. Not defending Trump, but before he entered politics, he was a hotel owner and perhaps part of the gambling industry before. But if you are a politician first and wanted to get your hands on the billion dollar industry of a gambling, maybe you will try to "hide" your name, thus having someone to front you could be the only way. Unless they really wanted to reveal it to the world and then willing to take any accusations and criticisms on yourself. So yes, it's a big possibility that they are already inside the crypto gambling industry but we don't know their faces and their names.
legendary
Activity: 3346
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Lately, politicians have not limited their activities to fighting for political offices and positions...

Politicians have never been limited, they have always had a hand in everything and most (probably +99% of them) got rich while in office. Officially, politicians are like some saints, all too good and reverent, but in reality, who knows what they are involved in? We only get information about it when someone investigates it more deeply, but even then the news doesn't reach everyone...

We will never know how many casinos are owned by politicians, probably not even one on paper. My opinion is that there are a lot of them, who are involved in the gambling business in one way or another. Maybe they take a share of the profits, and maybe they just accept bribes to make the gambling law work in the casino's favor (through lower taxes and other benefits). I guess there are other possible options, but who will tell what's really happening behind the curtains?

sr. member
Activity: 182
Merit: 120
Not all casino disclose an information about the owner especially when it’s associated with a politician, most time they usually hide few information still their source of income aside the state salary probably for security reasons or fear of what citizens might say in terms of embezzlement. I have never heard of such but, I know most big casino we see are owned by wealthy politicians definitely the number will be much seeing populated casino both old and new aside casino they own other business like investing etc.
sr. member
Activity: 490
Merit: 325
Lately, politicians have not limited their activities to fighting for political offices and positions but rather have dived into so many other sectors such as interest in Tech and cryptocurrency as we have seen lately with some global leaders getting to the center stage in both tech and cryptocurrency.

My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?

 Most of them makes their money from casino profit and use it to fund their political positions, I don't really see why a politician will go and open a casino, it will be too obvious to steal public fund and venture into casino business, they are going to be caught easily. However, politicians love casino games especially the physical one where they can sit together and talk about business and also discuss other things they don't want to discuss in public places.

It's also possible that there many of them in the political space that own a casino but they prefer to live it hidden so they don't have to associate their lifestyle to their independent business. In some cases, these politicians went ahead to register their business into another person's name like their parents so it can looks like it's an inheritance businesses and not their own. Even Donald Trump wouldn't have that time to visit his casino because it's run by another person.
member
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Merit: 53
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My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?

Yes, there are some casinos that belong to politicians, it is most likely, but in general they are not the face of the company, they are more like indirect investors, and they use front men for their legal representation, in this way conflicts of interests are not created, in a visible way, they are generally an open secret.
sr. member
Activity: 546
Merit: 265
My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?
It is rare to publicly know about politicians assets or source of income so that they don't get tagged of syphoning public funds for their own benefits.
It is so applicable if own one like the casinos. Infact, a more convenient gambling casinos that can be owned by the politicians are the crypto casinos so that oppositions at the top of the authorities does not have regulatory access to invade in with their inconveniences of policies.

Decentralized casinos would also give them the privileges to keep their assets anonymous so the public does not know in case of statical data's of who has of who is diverting public funds to self interests.

So verbally I believe there should be some Crypto casinos out there owned by some politicians but since I have not literally learnt of any, I would admit that I have not seen one yet.
legendary
Activity: 1106
Merit: 1372
Hmm. I have not seen any casino own by a political leaders but I have seen ex football players own casinos. But since casino is a business firm, and those politicians who are into business can own casinos and tell the government to regulate the policies to favour them. And that will be an enabling environment for them to operate. Political actors always do business that they can hide their stealing funds and casino is one of the business for them hide funds. And I think this is one of the reasons that making the government to put straight laws to regulate the gambling industry.
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