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Topic: How many gambling businesses are own by politicians - page 5. (Read 1279 times)

legendary
Activity: 2632
Merit: 1883
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.
hero member
Activity: 826
Merit: 552
Leading Crypto Sports Betting & Casino Platform
It's hard for you to see or hear a casino own by a politician. Down here in my country, I don't think that any of these politicians own a casino, because they are more of stealing public funds than setting up a business for themselves. Instead of then having casinos, they prefer having hotels that they can use for political purposes.
Don't be surprised that despite their attitude of stealing and squandering public funds, they can secretly have those business (casino) without our knowledge and some keeps their personal business secret because it could be against the policies of their positions in the political office. For some reasons too, they keep their business secret so that if there's any issues, they will not tarnish their reputation.
sr. member
Activity: 1456
Merit: 424
To my knowledge there is no such casino that is run by a politician but it is very common. Casinos usually require large sums of money as well as political power. In that case it is relatively easy for various politicians to build this casino. However, if politicians build casinos, they can be criticized because they do not directly declare that the casino is theirs, but they can manage those casinos through someone else. Casinos or gambling are not officially approved in many countries. Many politicians of those countries are sometimes criticized for gambling and I think politicians of those countries are also involved with casinos but don't think about it directly. While casino construction is not defined by politicians, there are many sportsmen who were involved in casino construction. Although politicians are not directly involved in the construction of casinos, many activists are often found to be directly involved in the construction of casinos.
hero member
Activity: 1932
Merit: 546
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, here in our country, as far as I know, there are some politicians or congressmen who are protectors and others who are even owners of online gambling under Pogo's, And as far as I know, although there is no confirmation yet, the house speaker in our congress himself has casino properties in Pogo.

And it seems there is some truth to it because he himself is a protector of drug lords and addicts, I don't know about our other congressmen here but it seems there is indeed one.
hero member
Activity: 3080
Merit: 616
Leading Crypto Sports Betting & Casino Platform

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 only know Trump, and the reason Trump can get away with being a politician and a casino owner is his being charismatic, but politicians will stay with the gambling business even if gambling is legal in their region. There are voters who are conservative when it comes to gambling, so they are going to lose votes from people from religious and these conservative voters.
Some corrupt politicians own gambling platforms, legal and illegal, but they hire their own people. to run them, and sometimes they act as a protector they just get bribe money to protect these casinos.
legendary
Activity: 3080
Merit: 1178
Leading Crypto Sports Betting & Casino Platform
for Trump specifically, as far as I know, he doesn't own any casinos right now but he did open several in the past but it was eventually closed or sold(at least this is what I remember reading in the past).
You can just say that he bankrupt 6 of them, as he did. In fact there were 4 of them that got bankrupted, which is pretty impressive considering how much money you can make with these if you would be a successful businessman. But it's not like he used his own money, it mostly loans.

Technically in US, has laws to prevent conflict of interest that would prevent Trump benefiting from presidency. Jimmy Carter put his peanut farm to blind trust before his term, to prevent the conflict but trump doesn't seem to care, so who knows if he plans to make more casinos online.
sr. member
Activity: 1022
Merit: 363
It's hard for you to see or hear a casino own by a politician. Down here in my country, I don't think that any of these politicians own a casino, because they are more of stealing public funds than setting up a business for themselves. Instead of then having casinos, they prefer having hotels that they can use for political purposes.
We never know for sure about that because I think they can use other people or relatives name to be the owner of the casino so they can still monitor their business and grow it. Politicians can do many things because they have a control and could be closer with the ruler. If there are no politicians that don't have a business, that will be surprise Grin

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.
hero member
Activity: 553
Merit: 509
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 think that a person like the current US President Donald Trump will not organize a casino, since it is unlikely to be associated with a positive thing by his former voters. And even if he does not neglect such things as speculation on his own cryptocurrency tokens, I think that the organization of the casino lies with other people. These are most likely really serious wealthy people who have the courage and legal knowledge to organize a casino. But the situation with organizing casinos in small countries is different: there it is quite possible that the leader of the nation can be the organizer and owner of the casino, but this is more likely in authoritarian countries.
hero member
Activity: 896
Merit: 654
Leading Crypto Sports Betting & Casino Platform
-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.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
It's hard for you to see or hear a casino own by a politician. Down here in my country, I don't think that any of these politicians own a casino, because they are more of stealing public funds than setting up a business for themselves. Instead of then having casinos, they prefer having hotels that they can use for political purposes.
We never know for sure about that because I think they can use other people or relatives name to be the owner of the casino so they can still monitor their business and grow it. Politicians can do many things because they have a control and could be closer with the ruler. If there are no politicians that don't have a business, that will be surprise Grin
hero member
Activity: 1736
Merit: 857
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?

Since property and business often have beneficiaries hidden behind a long chain of fake legal entities, offshore firms, and foundations, it is hardly possible to find out. Or, for example, a hedge fund may be a co-owner of a casino, while depositors of such funds are classified. It's not for nothing that rich people, including politicians, hide their property or involvement in business. I am sure that many are beneficiaries of drug trafficking. A politician can hide his stake in a casino, for reasons that it may damage his reputation, since everyone knows that real casinos have always been associated with crime. It was only in the era of the Internet that online casinos appeared, and before that everything was completely different.
hero member
Activity: 2604
Merit: 789
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 remember any president with his own casino. But i`m sure that some politicians lower level has some casinos under control using other people of course. Right now i can`t remember names, but i remember that at least one governor in my country was catch with affiliated casino several years ago. It didn`t change anything in his career.
hero member
Activity: 1792
Merit: 514
Leading Crypto Sports Betting & Casino Platform
I do not have any statistics where politicians are connected to casinos or gambling businesses or hold business partnerships there. But what seems to me is that politicians are definitely ahead of others in any financial activity. But they are usually interested in making profits from those businesses from behind the scenes without coming to the front of any business. If the information regarding his finances becomes public, then he can certainly face serious losses. That is why even if politicians are connected to gambling establishments, they will never disclose it.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Trump and his casinos are well known, but you have to understand the lack of discretion here. Many rich people have partial or complete ownerships in many casinos but they will not endorse it nor they will speaking openly about it and I think that is a good thing - not being discrete is an attack vector that you can easily avoid.

In due course maybe due to financial irregularities some of these ownerships come to view - hence my opinion is that many politicians may have investments that we dont even know anything about.
hero member
Activity: 1442
Merit: 502
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?
I think they are starting to realize that politics is not something that can give them comfort in life for long time,although they have power, we all know that there is nothing that makes politics better because in politics there are obviously no eternal friends and enemies other than personal interests, which means that those who are involved in politics often do not actually have peace in their lives, so that's why political figures today are turning their attention more to various fields of investment such as crypto even though they have not completely left politics, other than Trump, I don't see any politicians who directly admit that they own casinos, but I think many of them are involved in the casino industry through political support and investment as a means of money laundering.
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!
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 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.
full member
Activity: 266
Merit: 133
Do you think that a politician would publicly reveal that he owns a casino? Even if there are politicians, who own gambling businesses, they would hide under dummy owners and offshore companies. I remember hearing rumors about one politician in my country, who had secret ownership over online fiat casinos and a sports betting platform, but he isn't an active politician anymore.
You are asking a very specific question and I don't think that anyone on the forum would have any verified information about this question.
Exactly! No one here or very few will possibly know about a politician that owns a casino or even a serious gambler. In some state where there are well established casinos the VIP session is for big men/ politician and for one to be able to afford VIP session you should know the amount of money you have. So even when you stop at those casinos and stay in the regular you might not be able to access the VIP where you could possibly see politicians or influential people in the society.

And aside from casino there are other businesses too you think certain individual own but they are not the real owners or major stakeholders but politicians are, so that's it you won't find a politician listed out online that they own a casino because the public might not take it properly they'll say he's looting public funds for a casino and that can affect their political position. so it is an underground investment if they are into it you will not possibly know they do everything to keep it on the low.
legendary
Activity: 2324
Merit: 1384
Fully Regulated Crypto Casino
My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?
Probably not gonna find them online. In my country, I assume many Casinos or online gambling platform are owned by Politicians but they got a way to preserved it. They use an alias or probably a different name or entity as a sole owner of that casino. Ofcourse being a politician you should not be affiliated with the likes of this kind of business. But its the opposite, thats their thing and if the casino made an illegal stuff they hide it. Its being protected without any problems since the owner is the politician whose gonna protect it from people who complaining about it. Lol haha crazy world.
hero member
Activity: 3234
Merit: 941
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?

Do you think that a politician would publicly reveal that he owns a casino? Even if there are politicians, who own gambling businesses, they would hide under dummy owners and offshore companies. I remember hearing rumors about one politician in my country, who had secret ownership over online fiat casinos and a sports betting platform, but he isn't an active politician anymore.
You are asking a very specific question and I don't think that anyone on the forum would have any verified information about this question.
hero member
Activity: 952
Merit: 662
I did not find any exact data about politicians who have casino businesses like Trump, but I feel that there are many, both legal and illegal. For example, in my own country here, there are many politicians who are involved in gambling practices, it is like an open secret that many politicians or officials are involved in gambling practices here, even when the government issues a regulation prohibiting gambling, but it does not worry them because they have the authority and network that they can use to secure their gambling business.
True, because owning casino, no matter how successful it's, the public won't be proud for that.

There are many people who consider gambling is something bad, harmful, sin, dangerous, cancer etc you name it, if the politicians share it to the public, they might lost votes from people who hate gambling.

I think many politicians own gambling business, they might not use their names, but they're actually the biggest person behind the casinos.
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