Pages:
Author

Topic: How many gambling businesses are own by politicians - page 4. (Read 1279 times)

legendary
Activity: 3276
Merit: 2442
I think some of those people don’t own casinos directly but the hotels they own some casino-like places in them. If you see it like that, they own hotels, not casinos on paper so it is hard to come up with a real number.

I also don’t see what you are going to do with that information anyway.

Some politicians own some casinos and so what? Is it illegal for politicians to own casinos? No, then why care?

Ask which politicians are making trades on insider knowledge instead. I heard Nancy Pelosi has mastered her art and she can get away with it because of that.
hero member
Activity: 2632
Merit: 649
VPN Friendly & Exclusive Bonuses!
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.


As far as rumors go, it is not uncommon for politicians to become owners of several casinos, it's just that for security reasons they have to use masks or third party names as owners, while the original owners of the casino move behind the scenes to simply monitor the development of their casino business and in order to maintain smooth running sometimes politicians use their position to influence policies related to gambling
gambling business is only the tip of the iceberg. The same aforementioned Trump once owned part of a casino, but it went bankrupt and in addition to this he had a lot of real estate and various funds and even managed to earn money on his inauguration as president. Political activity always has a term, but business is for many years and during their work in politics they accumulate capital for a comfortable old age.
hero member
Activity: 574
Merit: 554
Leading Crypto Sports Betting & Casino Platform
As far as rumors go, it is not uncommon for politicians to become owners of several casinos, it's just that for security reasons they have to use masks or third party names as owners, while the original owners of the casino move behind the scenes to simply monitor the development of their casino business and in order to maintain smooth running sometimes politicians use their position to influence policies related to gambling
Politicians want to always separate their business ventures from political affiliations to avoid attacks. That is why they like investing in offshore firms that cannot be easily traced. Since they will want to use their influence to favor the company they would want to keep it secret to avoid investigation and sometimes prosecution. But I suspect that almost all the successful big businesses in my country will have political connections. I know a businessman who owns a betting platform, and his son is a top politician. 
hero member
Activity: 798
Merit: 702
Actually, Politicians doesn’t need to own them personally in able to get profit. They just need to ask for bribe in exchange for their protection against taxes. This is the reason why politicians don’t own businesses especially casino under their name.

Either they are already benefiting from it through bribes or they are using proxy to as owner of this casino. But accepting bribes is the most convenient way for them to gain profit instead of risking to run their own business.
Bribe taking is a way to really benefit from the casino by the politicians but it won't be as beneficial as it is to own one, let's not forget that the bribe won't go to one politician pocket alone their will definitely be other to make that happen which they will also need to settle.

They can indirectly own one under the name of others and protect it using their political office. Officially, it belongs to another base on their public image; they will want to protect it, but unofficially they all know who the real owner is. Any business that has good profit, politicians will always be involved in them; they can't get their eyes off it.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
What is certain is that there are some politicians who are in the gambling business, and they get a lot of wealth from gambling.
But of course everything is well disguised enough, so they are not known and of course only trusted people run it and the politician only receives profits from the business.

This kind of information will not be confirmed, there are many loopholes that can be used to hide it so that there is no direct investment in who is behind the real gambling business.
Politicians won't reveal themselves as casino owners because they know it will be a bad image for them, but they will control others and work in the background to manage everything including the profits that keep flowing.

As we know in our country, some news emerges with politicians/officials involved in casino ownership or control so this will continue to be a public assumption that is difficult to uncover.

So this will be difficult to prove, it's just that the narrative continues to develop while the government is still filled with them so it's difficult to uncover it.
legendary
Activity: 2772
Merit: 1888
Rollbit.com | #1 Solana Casino
Well,you wouldn't know which politician sponsors this kind of business.Although,I honestly can't vouch for this investigation if Politicians are into casino business or not.But probably,since they're very influential people they tend to have their way with so many possessions and benefits.Politicians wouldn't want to tamper with their reputation so the information about this is not yet confirmed.
What is certain is that there are some politicians who are in the gambling business, and they get a lot of wealth from gambling.
But of course everything is well disguised enough, so they are not known and of course only trusted people run it and the politician only receives profits from the business.

This kind of information will not be confirmed, there are many loopholes that can be used to hide it so that there is no direct investment in who is behind the real gambling business.
hero member
Activity: 980
Merit: 585
Leading Crypto Sports Betting & Casino Platform
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?



Well,you wouldn't know which politician sponsors this kind of business.Although,I honestly can't vouch for this investigation if Politicians are into casino business or not.But probably,since they're very influential people they tend to have their way with so many possessions and benefits.Politicians wouldn't want to tamper with their reputation so the information about this is not yet confirmed.
hero member
Activity: 2996
Merit: 808



As far as rumors go, it is not uncommon for politicians to become owners of several casinos, it's just that for security reasons they have to use masks or third party names as owners, while the original owners of the casino move behind the scenes to simply monitor the development of their casino business and in order to maintain smooth running sometimes politicians use their position to influence policies related to gambling

Actually, Politicians doesn’t need to own them personally in able to get profit. They just need to ask for bribe in exchange for their protection against taxes. This is the reason why politicians don’t own businesses especially casino under their name.

Either they are already benefiting from it through bribes or they are using proxy to as owner of this casino. But accepting bribes is the most convenient way for them to gain profit instead of risking to run their own business.
sr. member
Activity: 350
Merit: 261
An Sr. Member who wants to become a ₿ maxi
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.


As far as rumors go, it is not uncommon for politicians to become owners of several casinos, it's just that for security reasons they have to use masks or third party names as owners, while the original owners of the casino move behind the scenes to simply monitor the development of their casino business and in order to maintain smooth running sometimes politicians use their position to influence policies related to gambling
sr. member
Activity: 2632
Merit: 259
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.
The reason why no one seems to think of first world countries as corrupt because they are rich. Yes there is corruption but they are still functioning quite well as a country but this doesn't mean their politicians are saints lol. Meanwhile third world countries are more exposed because they have nowhere else to hide when the entire is country is suffering and having a difficult time.
Quote
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.
Aren't russians big on gambling? I certainly would not be surprised if their politicians indeed do run casinos secretly.
hero member
Activity: 714
Merit: 1298
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?

AFAIK, around ten years ago Trump was involved into gambling business holding the Trump Plaza Casino in Atlantic city, but it bankrupted at the end.  Wikipedia has good references for his entertainment properties and its history, but there list probably not complete. I'm sure that Trump is not alone among politicians, who are  engaged into gambling. Bu most likely most of the are hidden behind dummies.
hero member
Activity: 980
Merit: 585
Leading Crypto Sports Betting & Casino Platform

The world of politic has gone beyond taking of power to rule, it's all about the money and different ways to manipulate with every opportunity. Gambling is a common practice since they are not strictly instructed to avoid gambling and knowing it's one way to own legitimate access to free flow of money.

Most definitely, just as I earlier said the politicians are being very tactical and strategic in making moves that will profits them more and they do it by indulging in alot of business that they end up hiding their identities from the society and public and they make a huge sum. and have you wondered that there's no politician that would go down from sit and end up broke just like that, that's because they have invested in major business in the world including gambling as well that people know nothing about and it'll be some years after they must have left the position you will discover that this certain business and events or place is owned by this politicians..
hero member
Activity: 3038
Merit: 634
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 doubt it that there will be someone who's going to admit that they own a casino nowadays. The taxation is crazy with these establishments unless they know the loopholes of how to minimize it.

And then, if they're known to politics, they won't just let the public know that they are part of it. That's why they make dummy accounts or someone else to play the CEO or owner part of it.

This is how these wealthy public figures are doing it. Whether they are in the politics or in the entertainment industry, they just do it unless they're already known figures to what they have like Elon, Gates, Zuck, etc.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
For sure that no politician would gonna link their name on casinos since provably that this might ruin their political career. This maybe be use as weapon by their opponent to destroy their reputation so we cannot to see any politicians involvement on this kind of investment. But provably they might protect some entities running this businesses and they might ask some bribe from casino owners and I guess this is the only thing they deal with those casinos around.

But also we cannot erase some fact that few of them might operate such business but its really hard to find some enough proof for this situation.
Indeed, they will trying to hide their name from their illegal business so no one will know that they have so many illegal businesses that generate them much money. Those politicians have relationship with many high level on the government that protect them from the investigation from the other section so they will not be detect. So in this matter, bribing from casino owners to many parties will be possible as those owners want to have protection from the corrupt authorities and government.

We will difficult to find the proof even for those people who have a high ranks in the government must face with the other high ranks that will prevent them from investigate the business.
hero member
Activity: 1260
Merit: 765
Top Crypto Casino

I can attest to this because lot of politicians in our country do not operate business independently rather they do join other businesse owner to invest in their business and later have some dividends from the business, such as dangote refinery, lot of politicians invested in that project and when it's starts full operation they would definitely get their dividends from that business just to hide their profile and their wealths.
Smartgold our amiable lady, you are right that most politicians hide under individual business owners to run their businesses since they know the money used is public funds that are diverted into their projects so coming out to run the business by themselves will attract attention a d when they leave office the business may become an avenue to attack the politicians.

Sure many of the known gambling sites like bet9ja and the rest of the other indigenous casinos are being heavily invested in by politicians just like the Dangote refinery that you also mentioned and other notable businesses around the country.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
The truth is I doubt that in countries in Europe and the USA the majority of businesses and especially casinos are owned by politicians, because Generally I see that in those countries politicians have more ethics, despite the fact that they are politicians I see them with a little more respect, however in my country the majority of companies are owned by Politicians and they have their front men so that their names are not tarnished, this is something impressive, but unfortunately it is like that, I speak only for my country, but I imagine that some countries in South America do have these practices.


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.
full member
Activity: 181
Merit: 111
The truth is I doubt that in countries in Europe and the USA the majority of businesses and especially casinos are owned by politicians, because Generally I see that in those countries politicians have more ethics, despite the fact that they are politicians I see them with a little more respect, however in my country the majority of companies are owned by Politicians and they have their front men so that their names are not tarnished, this is something impressive, but unfortunately it is like that, I speak only for my country, but I imagine that some countries in South America do have these practices.

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.
hero member
Activity: 882
Merit: 800
-snip-
My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?
Though politicians are human beings like every other person who has rights, they are free to do any business of their own so long as it's in line with the extant law. However, many of these politicians are corrupt or secretive. They could be secretive to avoid issues when people are aggrieved with them and could target their business, so that is wise. But many are corrupt and everything they own will be kept a secret. In my country, many politicians do not own casinos and other establishments in their name, that's to show how secretive and corrupt they can be.
I can attest to this because lot of politicians in our country do not operate business independently rather they do join other businesse owner to invest in their business and later have some dividends from the business, such as dangote refinery, lot of politicians invested in that project and when it's starts full operation they would definitely get their dividends from that business just to hide their profile and their wealths.
hero member
Activity: 672
Merit: 501
I think that if politicians own such businesses, they prefer to register them not for themselves but for their relatives, so that it does not contradict the law, but I have almost no doubt that indirectly such cases exist. In some countries, politicians are completely prohibited from owning a business or conducting any activity other than their direct responsibilities, but this does not prevent them from finding workarounds to do so. Casinos are a very profitable business and therefore they will always attract the attention of influential people.

You have said the exact thing they normally do and not just on betting they could do it to any other business, though most of them try to avoid themselves from any involvement on such business therefore they would just push all the money to the third party account that may not even be there relations because if issues come up in the future they would also evaluate both there asset and that of there relations to no if there was any conspiracy, so actually I'm not doubting if there are a lot of politicians that own casinos through this way because is actually very easy for them to have.
legendary
Activity: 2506
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
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?
Well, this is something that will be very hard to find out, because it's good that we understand that sometimes, the person who claims to own a company may likely not be the real owner, but only acting on the instructions of the real owner of the company, I personally know a company owned by a notable person in our society, but he hired someone else to always act as the owner of the company to keep himself discreet and away from government harrasment.

So also in the world of gambling, it is possible for a politician to own a casino put hire someone else to run it and act like the owner, so as to keep the public away from knowledge of who the real owner is.
With this style, it will be extremely difficult or even impossible to tell if and which casino is owned by a politician, this we can not and never know until the politician or someone very close opens such secret (if any) up to the public.
Pages:
Jump to: