I have no knowledge when it comes to this. Plus, I do believe it might ruin their position as a government employee if they are into gambling. Trump on the other hand had already set up those businesses for a long time and he is known to be a big businessman. I don't think anyone would care any more about it and in fact, it became a plus for him as many investors will come in and show their support for him.
Truly, this is a different world now and I think people don't care about backgrounds anymore. I've seen politicians who went to prison for murder and are now a senator, proven drug abusers, proven graft and corruption, and yet they are sitting in one of the highest positions in the government. They are voted, so I think that's a proof that it doesn't matter anymore.
Topic: How many gambling businesses are own by politicians - page 6. (Read 1279 times)
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, there are no much informations about casinos been own by politicians, but on the contrary, I'm sure there must be some operating on a low key, hence, I was able to discover a few after a brief research on Google, and here they are as follows.1. Sheldon Adelson: is a politician, founder, and CEO of Las Vegas Sands Corporation, which happens to be an American casino and resort company with it's headquarters in both United States, Nevada and Las Vegas. And Sheldon is known to be a strong member and donor to the Republican Party, who once gave over a million dollars in support of Donald Trump's recent presidential campaign and election.
2. Tilman Fertitta: is an American politician, founder and CEO of the Golden Nugget casinos, who was once appointed as an ambassador during Trump's last administration, and still a strong member of the Republican Party, and donated millions of dollars during his just concluded presidential election campaign.
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.
From the experience I have gathered in my country, I know that most politicians does not like to make some of their business publicly know by the society, they can invest or have shares with some casinos but you can not tell it's there's unless you have an inner information. There's this politician in my country, he is into so many business that was just uncovered recently. I don't know about other countries but I know that some politicians can own most casino that we are using but we don't know.
Politics is a lucrative business that is why people will do anything to get into it, they'll embezzle money and get rich overnight. I won't be surprised if politicians indirectly owns a lot of businesses including casinos because they have excess stash. Most times you'll find out that they're major shareholders in companies or they use the names of their loved ones to indirectly own major shares so that it won't be traced to them. Although I don't know if there's any law that prohibits politicians in my country from owning casinos. 
-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?
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 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.
My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?
Politicians are very deceitful and manipulative. They create companies registered as limited liability companies and in this way it is almost impossible to verify who the owners of these companies are. Then this company of theirs creates a casino and in the casino the shareholder structure becomes the politician's limited liability company and they will appoint an anonymous manager so that people think that this manager is the owner of the casino. In this way, people never know who the real owners of many physical casinos really are.But in my opinion whoever owns the casino is very unimportant because it will not affect and does not provide any benefit to me who is just customer or gambler, haha forget about who the real owner of the casino is because the most important thing is that the casino can run well and we can still feel comfortable and safe when gambling.
This is very rare but one thing i know is there is no sector you won't find politicians investing in. Even if they are not owners of the companies then there are strong stakeholders and shareholders of that company. The gambling industry is printing money so i know some politicians have invested in it. However, i dont think they will want to be the sole owner of any casino based on reputation issues. They will rather choose to remain anonymous owners.
I mean, Donald Trump literally used to own casinos. But that was well before he went into politics, now he's just into real estate, meme coins, social media stock, and merchandise.
My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?
Publicly not, but I'm suspicious there are many businesses inside the industry which are ran by politicians on the backgrounds. Maybe the politicians aren't the formal or main owners of the casinos, but they might play an important role by investing big money in secret, or by being a major partner. We have to keep in mind that if the regulations of a country are favourable to gambling, it means the politicians who vote for such regulations are being benefited or have interests on it for some reason, which are very likely to involve making an extra budget.Now with dozen new sports betting platforms being announced on the media each new day, it's pretty likely there are politicians behind it, otherwise there would be already too many restrictions and prohibitions against those services by the authorities.
This is very rare but one thing i know is there is no sector you won't find politicians investing in. Even if they are not owners of the companies then there are strong stakeholders and shareholders of that company. The gambling industry is printing money so i know some politicians have invested in it. However, i dont think they will want to be the sole owner of any casino based on reputation issues. They will rather choose to remain anonymous owners.
I mean, Donald Trump literally used to own casinos. But that was well before he went into politics, now he's just into real estate, meme coins, social media stock, and merchandise. TONS and TONs of merchandise hahaah. No for real though I'm sure there are a good bit of political folks who have some sort of stake in some kind of gambling operation or some stock in it at least like you're saying. I don't think you'll have a ton of luck linking them to it though.
As far as my country is concerned, many gambling lords are politicians. They're operating legal and illegal gambling. If they aren't politicians themselves, they are close friends with politicians or they are their benefactors. It has to be like this because gambling, especially local ones, is a dirty business. You have to have powerful people who have your back to remain in operation.
I'm not sure in other countries. I've read though that Trump used to have resorts and casinos.
I'm not sure in other countries. I've read though that Trump used to have resorts and casinos.
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 was not surprising that politicians are running businesses, but in order to hide their identity, they use other people to run it on their behalf. In fact, the main reason why they are into politics is to use their position for their business, not totally for serving people. I might be wrong, but that is what I see in my place. We don't just know because it was not their name written but corporations. Even workers of the casinos never know who their bosses are. We might hear their names but remain as hearsays. 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 am sure most of them are involved with the casino indirectly like a silent partner but they won't like to showcase their business side to people because they want to portray themselves as someone who dedicate their life to voters so portraying as business owner creates impression as money making minded that will take a hit at their vote bank so even if they are they won't. Interestingly trump was known for being a partner or owned some casinos with his company but it all was before his political career.
My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?
Where I’m from, no or simply put, you would never know. Politicians are always regarded to have looted the nations treasury through self awarding of contracts and other forms of extortion. Hence, you find many politicians having to make or take up investments in the name of someone else, someone prominent or partner with a brand just so they don’t become the front man and act from behind the seen while getting profits from doing business.
This makes me think, owing gambling casinos or sportsbook with all the negativity that is attributed to gambling wouldn’t help an active politician career very much.
I don't think I know any politician that own any gambling business because even if they have investment in gambling, due to public perception, most of them will not want to male that information public instead they might use proxies. They may not want to be in a situation where they will be accused of using public funds to finance their gambling business, this is the reason I feel they will rather use someone else to run such business should they have such investment.
From the experience I have gathered in my country, I know that most politicians does not like to make some of their business publicly know by the society, they can invest or have shares with some casinos but you can not tell it's there's unless you have an inner information. There's this politician in my country, he is into so many business that was just uncovered recently. I don't know about other countries but I know that some politicians can own most casino that we are using but we don't know.
This is was the first thing i commented on which was about privacy. It is the most important thing you see all this politician take seriously. Apart from their local business or infrastructure they put up in their community, its very difficult to point out which business sector they are into. Funny enough most of them gamble a lot so i am not surprised if they are investing in gambling business. It is one good way to wash embezzled funds or illegal money as we know that most of the politicians are involved in one or two things especially in my country. Those money they don't want the government to know whereabout they make them untraceable by passing it through the gambling industry.
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?
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 I have no idea about that, but I guess most of this casino games are being owned by unknown politicians but they will decide to keep it very secret for people not to find out that they're the owner of such casino platform that's in most countries.
Though in my own country I don't think if there's anything like that because with the way my country is, it will be very easy to find out if a leader or a politician is into such business, and it will be very risky if people finds out that a politician is involved in such business.
I never know how many politicians here have casino as gambling is illegal in my country. But I think they have casino in somewhere without anyone know so they can still get the profit for them personally. But their casino will not operate publicly as that will attract attention from many people including our government. But I guess some government officials knows that some politicians have casino besides of illegal business because they gets the money from those people. Many corrupt officials that protect the illegal business from their politicians so that is difficult to identify and know who is behinds on that business.
My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?
Its a conflict of interest and will tarnish his reputation if one politician manages casinos; Trump's case is very different; he is perceived as a businessman more than a casino operator.
Politicians shy away from operating casinos because they are fully aware of the voting powers of parents and religious groups; he might as well manage a low-income business than a high-income business that could ruin his image as a politician.
My question is, do we have any notable casino that is been run or owned by any known politician like Trump or another leader?
Politicians are very deceitful and manipulative. They create companies registered as limited liability companies and in this way it is almost impossible to verify who the owners of these companies are. Then this company of theirs creates a casino and in the casino the shareholder structure becomes the politician's limited liability company and they will appoint an anonymous manager so that people think that this manager is the owner of the casino. In this way, people never know who the real owners of many physical casinos really are.
hero member
Activity: 826
Merit: 552
Leading Crypto Sports Betting & Casino Platform
From the experience I have gathered in my country, I know that most politicians does not like to make some of their business publicly know by the society, they can invest or have shares with some casinos but you can not tell it's there's unless you have an inner information. There's this politician in my country, he is into so many business that was just uncovered recently. I don't know about other countries but I know that some politicians can own most casino that we are using but we don't know.
Jump to: