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Topic: How many gambling businesses are own by politicians - page 2. (Read 1279 times)

jr. member
Activity: 43
Merit: 23
Trump has always been a businessman first and foremost, I think it's clear how he manages to make money in any area he turns his attention to. Now under Trump it seems like a lot of things may change, and what was previously considered forbidden may now be perceived as acceptable. I admit that casinos may be owned by influential people, who are often politicians, and it may be difficult to directly link them as owners, but in fact they are, if you dig deeper.

Politicians are the most difficult people to understand especially when it comes of businesses or and personal properties they often open businesses with others people name who would be taking care of the business, but they knows how the profit are being remitted to them because they wouldn't want the world to know about how they are spending public funds while they are in power.

That's why you would see a politician acquired so many properties after having leave their offices, most is them do go for change of ownership of they might indirect go buy the property or the business just to deceived the world without knowing they are deceiving themselves.
hero member
Activity: 1400
Merit: 623
I don't think that even if a politician owns a casino he will tell everyone about it. We all know that a huge number of people have a negative attitude towards gambling. I will not go into details about why, as this is a discussion of another topic. So why would a politician who owns a casino want to lose the support of these citizens? Any politician wants to look law-abiding and ethical in front of the public, so few of them will agree to disclose information about their additional income. And in principle they can be understood.

It depends on the acceptance of gambling in country. You’re right in general about your remarks since that’s really what happening in reality. However, in my country gambling is already popular that it’s already a past time game. Even foreign casino establishments here POGO(Philippine Offshore Gaming Operators) because they knew that casino is popular investment  here.

This is the reason why some politicians are bold to advertise their own casino here that will be located on their housing business. Politicians here is blatantly corrupting and boasting their business in the public.
legendary
Activity: 2464
Merit: 2377
I don't think that even if a politician owns a casino he will tell everyone about it. We all know that a huge number of people have a negative attitude towards gambling. I will not go into details about why, as this is a discussion of another topic. So why would a politician who owns a casino want to lose the support of these citizens? Any politician wants to look law-abiding and ethical in front of the public, so few of them will agree to disclose information about their additional income. And in principle they can be understood.
hero member
Activity: 2716
Merit: 904

Yeah, there’s probably no solid data because only a few people actually own casinos. But it still depends. I mean, even Trump and his family own casinos, it’s just not talked about much since they have so many businesses under their name. He’s a billionaire, so it’s no surprise he’s involved in multiple ventures, and casinos and hotels are super profitable businesses and there’s no way they’d let an opportunity like that slip by.


Trump has always been a businessman first and foremost, I think it's clear how he manages to make money in any area he turns his attention to. Now under Trump it seems like a lot of things may change, and what was previously considered forbidden may now be perceived as acceptable. I admit that casinos may be owned by influential people, who are often politicians, and it may be difficult to directly link them as owners, but in fact they are, if you dig deeper.


Politicians are often labeled as corrupt, which is why they’re usually not allowed to own businesses tied directly to them, unless they were already known for owning them before entering politics, like Trump. In his case, people don’t question it as much since he was already very wealthy. However, for your average politician, if they suddenly become rich after getting into politics, that’s a different story. They would have to keep it under wraps to maintain public trust and give the impression that they’re there to serve the people, not to line their own pockets.
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!

Yeah, there’s probably no solid data because only a few people actually own casinos. But it still depends. I mean, even Trump and his family own casinos, it’s just not talked about much since they have so many businesses under their name. He’s a billionaire, so it’s no surprise he’s involved in multiple ventures, and casinos and hotels are super profitable businesses and there’s no way they’d let an opportunity like that slip by.


Trump has always been a businessman first and foremost, I think it's clear how he manages to make money in any area he turns his attention to. Now under Trump it seems like a lot of things may change, and what was previously considered forbidden may now be perceived as acceptable. I admit that casinos may be owned by influential people, who are often politicians, and it may be difficult to directly link them as owners, but in fact they are, if you dig deeper.
hero member
Activity: 2716
Merit: 904
I don't have valid data on this, so I personally can't say for sure whether politicians own casinos or are part of casinos or not.
But if we have to assume that they own a casino or are related to a casino then I have a negative thought, one of which is like you said that they use it maybe to launder money.
But if we want to talk further, maybe they own a casino by using their trusted people, I mean they don't want to be directly involved and they prefer to use their trusted people.
It's actually difficult to talk about this, because once again we don't have valid data to say that this is true or not.

Yeah, there’s probably no solid data because only a few people actually own casinos. But it still depends. I mean, even Trump and his family own casinos, it’s just not talked about much since they have so many businesses under their name. He’s a billionaire, so it’s no surprise he’s involved in multiple ventures, and casinos and hotels are super profitable businesses and there’s no way they’d let an opportunity like that slip by.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Let me give you two names:

1. Tilman Joseph Fertitta,
2. Sheldon Adelson,

Neither are politicians, you can read on their wiki pages:

Yes, I totally agree with what you say, Countries in Europe and the North are much more ethical when it comes to doing business, although a bit of Corruption is not ruled out, at least they are not so blatant.

This only if you talk about western Europe, if we consider eastern Europe and mainly Russia...then things change dramatically.



hero member
Activity: 1064
Merit: 589
Actually I don't know any casino that is being own by a politician. but I strongly believe that some big casinos at their are being own by politicians, because most of them normally use it as a strategy to invest their funds in a casino because as a politician when you invest your funds in a casino no body will know that is a politician that owns it, Alex you are being told by the manager of casino which I think is not possible. However, I think is the best way for them to secured their funds from government.
So you're saying politicians might use casinos for money laundering? Not exactly shocking, especially with physical casinos where laundering cash is much easier. But as a politician, you're constantly under the spotlight, and even if you're not doing anything shady, your rivals will dig for dirt to get you in trouble. Honestly, it’s not smart to be a politician while running this kind of business, neither role will thrive. Financing a politician seems like a much easier and safer route than being one yourself.
I don't have valid data on this, so I personally can't say for sure whether politicians own casinos or are part of casinos or not.
But if we have to assume that they own a casino or are related to a casino then I have a negative thought, one of which is like you said that they use it maybe to launder money.
But if we want to talk further, maybe they own a casino by using their trusted people, I mean they don't want to be directly involved and they prefer to use their trusted people.
It's actually difficult to talk about this, because once again we don't have valid data to say that this is true or not.
hero member
Activity: 2716
Merit: 904
Actually I don't know any casino that is being own by a politician. but I strongly believe that some big casinos at their are being own by politicians, because most of them normally use it as a strategy to invest their funds in a casino because as a politician when you invest your funds in a casino no body will know that is a politician that owns it, Alex you are being told by the manager of casino which I think is not possible. However, I think is the best way for them to secured their funds from government.
So you're saying politicians might use casinos for money laundering? Not exactly shocking, especially with physical casinos where laundering cash is much easier. But as a politician, you're constantly under the spotlight, and even if you're not doing anything shady, your rivals will dig for dirt to get you in trouble. Honestly, it’s not smart to be a politician while running this kind of business, neither role will thrive. Financing a politician seems like a much easier and safer route than being one yourself.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform

Yes, lately many things that politicians do have come to light, and well, human beings are not saints, although sometimes you need to have a lot of Stomach to do certain things, in business they are a little more Open, what you say is very true, certain Mafias will Always get into the Businesses that one thinks may be cleaner and those that are not, plus casinos are very profitable Businesses , Everyone wants to Have a lot of Money.


Do you believe there are politicians from Venezuela who secretly own casinos through and with the help of front people, so nobody realizes who is really behind all?
Because of the whole regulations going on in this country on gambling and casinos, obviously those within the ruling party have more chances to set up their own casino legally and start to collect money from people. It would be quite ironic if something like that happened, considering from the beginning the founder of the United socialist party of Venezuela was against the proliferation of gambling within society, now his political children continuously profit thanks to something he never approved.
Still, I am just guessing, I have no proof there are politicians here involved when gambling, though I don't have many doubts either, considering how crooked they are when comes to getting money...
legendary
Activity: 3080
Merit: 1178
Leading Crypto Sports Betting & Casino Platform
In developed countries, politicians are in a position of respect. That picture will not be the same for underdeveloped countries. That is why in developed countries, even if politicians are directly involved with casino gambling companies, there will not be much problem, but this picture will be completely opposite when it comes to underdeveloped countries. In general, my idea is that many people, even though they are involved in various businesses, do not want to see themselves directly in the casino business. That is why politicians are not seen much in casino gambling platforms. But there is no way to say that they do not exist, of course they are there, but indirectly. My personal opinion is that most of these institutions are created by politicians but behind the scenes.
It's not really about respect, but laws and integrity that comes with the job. Then there's transparency and auditability. At least in EU, politicians more or less will be accountable of their actions sooner or later, and there are many investigate reporters looking into their finances. And trying to hide them is just postponing the inevitable.
full member
Activity: 252
Merit: 57
Wheel of Whales 🐳
Actually I don't know any casino that is being own by a politician. but I strongly believe that some big casinos at their are being own by politicians, because most of them normally use it as a strategy to invest their funds in a casino because as a politician when you invest your funds in a casino no body will know that is a politician that owns it, Alex you are being told by the manager of casino which I think is not possible. However, I think is the best way for them to secured their funds from government.
sr. member
Activity: 1274
Merit: 457
I don't think high profiles like Trump will be directly involving in running a casino. Well, where I live the ex finance minister was caught or better his cleaning lady was found having like 500.000 Euros under her bed. She was caught by her son who used to drive latest Audi car despite being the son of just a cleaning lady. This to show that most politicians are not directly involved in casinos though they may have connections doing such behaviors like this ex finance minister.
But as far as I know Trump was also involved in Casino business and he had several casino in past. Although I have read somewhere that he sold his all casino and currently he doesn't own any casino. So I have to say Donald Trump was directly involved in running casino as he own casino's.

But my point is what is the matter if they own casino or not own a casino, as if in their country this business is legal then what is the our issues?
Yes some people will say that they will whiten their black money through the casino but in this case if govt. make survey they can be caught out and banned their casino licences so no one will take any kind of these steps. Although I am not talking about those country where is no Rule of law.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
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 think high profiles like Trump will be directly involving in running a casino. Well, where I live the ex finance minister was caught or better his cleaning lady was found having like 500.000 Euros under her bed. She was caught by her son who used to drive latest Audi car despite being the son of just a cleaning lady. This to show that most politicians are not directly involved in casinos though they may have connections doing such behaviors like this ex finance minister.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform

In developed countries, politicians are in a position of respect. That picture will not be the same for underdeveloped countries. That is why in developed countries, even if politicians are directly involved with casino gambling companies, there will not be much problem, but this picture will be completely opposite when it comes to underdeveloped countries. In general, my idea is that many people, even though they are involved in various businesses, do not want to see themselves directly in the casino business. That is why politicians are not seen much in casino gambling platforms. But there is no way to say that they do not exist, of course they are there, but indirectly. My personal opinion is that most of these institutions are created by politicians but behind the scenes.

Yes, I totally agree with what you say, Countries in Europe and the North are much more ethical when it comes to doing business, although a bit of Corruption is not ruled out, at least they are not so blatant.



American politics is not so clear and perfect as some people believe though, even if politicians in our country are actually extremely corrupt to the point of owning entire store is and malls around the nation, it does not mean this would not be possible in Europe and the United States.
Actually, there is a thing going on the United Kingdom with Russian oligarchs and Russian business people, they move their assets and money there with the help of their own front men and establish "legitimate businesses" in UK with money directly extracted from Russia. It continues to happen nowadays, despite of being reported by journalists numerous times.

As far as it concerns me, it is possible there are some casino running their operations from the United Kingdom and actually there is some Russian politician behind the curtains, calling the shots and taking choices.

Yes, lately many things that politicians do have come to light, and well, human beings are not saints, although sometimes you need to have a lot of Stomach to do certain things, in business they are a little more Open, what you say is very true, certain Mafias will Always get into the Businesses that one thinks may be cleaner and those that are not, plus casinos are very profitable Businesses , Everyone wants to Have a lot of Money.
legendary
Activity: 1806
Merit: 1437
Wheel of Whales 🐳
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 guess no one would like to public that they own a casino at the first place they will get questioned about having a casino what about the funds they will bring we cannot blame others for judging them because they are part of the government official and it's a bad image to them having an activity with the gambling industry could make an assumption already to the people. Next is if there's any government related to gambling might be they not publicize it because its a big issue instead, it could be a hidden agenda or under-the-table transaction. So its the reason too to vote wisely.
legendary
Activity: 1834
Merit: 1010
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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?
Actually there's a lot of people and that's their gateway to make more money underground. Sometimes they don't usually disclose it because it might ruin their image but yeah, majority of casinos out there, there are affiliated politicians to it or they're the owner. Here in my country, they are usually taking advantage of it because they knew that our fellow people really like to gamble and easy to get influenced, even billboards in some popular highways are full of casino ads and promoted by a famous artist too. This is one of the ways to climb in the ladders, making profit from other people that get miserable because of gambling.
hero member
Activity: 1400
Merit: 623
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?

In my country, We have the first casino that will launch this year which is owned by former Senator in the Philippines. Manny Villar which his wife is currently an active Senator and son currently working as DPWH head is launching their casino near their housing projects.

This is the first time a politician will enter on casino industry since he is focus on housing business ever since.

Reference: https://agbrief.com/news/philippines/16/07/2024/philippines-tycoon-manuel-villar-to-open-his-first-casino-next-year/
hero member
Activity: 966
Merit: 519
Can we tell in a specific way because most of the claims that we have about politicians owning personal businesses are all based on assumptions and there is no evidence to prove that, so is very hard for us to be specific.


Most of those politicians are highly intelligent with their format of stealing from the people and as far as I can tell you that, they have multiple things that cost money even more than the casinos and let me also tell you for free, most of those thing's if not all of them are bought and build with public money that they stole that is why they need to hide their identity from most of those things.
sr. member
Activity: 1876
Merit: 437
Catalog Websites
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?

There are some rumors of that in my country where politicians own some kind of gambling business, but aren't really got serious, I guess even though they might actually own one casino or gambling business out there they are not actually going to declare that because as a politician it is not great publicity for them or not a good example, I mean I wouldn't really going to vote someone or a politician that promote some kind of gambling, it's like bad publicity for them, but what they can do is have some kind of people in there use there name as the owner of that business, then they just going to go get the money when they needed, probably it can or actually being used on some money laundering business. We see a lot of politicians who do gambling, or like doing gambling probably they might be pretty good at it, but most people for sure are going to think that it is people's money that they are using, so they are surely going to use some people, to hide that kind of businesses.
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