Topic: Is Gambling Generally An Illicit Activity? - page 8. (Read 948 times)

It's important to know that business consists of the black market. Where illegal products are being controlled officially. Casino could be used to launder money. Not just on the player's end. They may be doing the KYC stuff and trying to stop players from laundering money, to keep the eyes of the government away from them. Underground trades can occur between the officials of the casino and some underworld organizations to move a huge sum of money. Which profit can change forever the welfare of the casino and it's workers.  Most offline casino owners, we see, always live a large and luxurious lifestyles. Owning different properties. The casino expose them to numerous wealthy men. Not all, do legal businesses. The owner of the casino can also get offers from the illegal business men to help them launder money. These things happen underground, it's not about us, the players. Hence from the definition and the collocation of gambling and money launderings. It still shows how cheek and jowl the both are in the eyes of the government. Who have numerous times figured out that casinos are being used to launder money. Remember that money laundering is mainly in cash. If it goes through the bank, it's easily traceable. Thinking of players as the money launderers is quite wrong. Because players deposit in different form, like through cryptocurrency. They have exposed IDs held by the casino for the Government. A money launderer that thinks of executing his task by depositing and withdrawing his funds after wagering some amounts, is not the kind of money launderer the government is searching for. The underground businesses have nothing to do with the bank. That's why they launder money into banks through a one time transfer. From the casino. The bank won't ask the recipient much questions. But following the process of depositing to the bank, then buy crypto, deposits and withdraw. They'll be enough loopholes already before the money gets successfully laundered. Even the gold sellers launder money through. They send gold in return to the recipient. That's money laundering. The person can sell his gold and get transfer to his bank or even cash.

If it is in an area where gambling operations are prohibited, such as in Muslim countries, perhaps the money obtained from gambling can be said to be money resulting from illicit activity. However, if it comes from a place that allows casino operations, it cannot be said to be money from illicit activity, because the regulations clearly allow gambling activities in that area. So depending on the location, gambling can be said to be an illicit activity or not.

One thing to note here is that gambling can definitely be called illegal in countries where gambling is not legalized. Gambling cannot be said to be illegal where it is officially permitted. If we look at a survey of most of the countries in the world, it is considered illegal rather than legalized. Moreover, people cannot control themselves in gambling, as a result of which, most of the time, they end up in disastrous situations. If you notice how many famous people in the world support gambling? Do those in good professions support gambling? We more or less know why not. But the picture is that some people always find a way to corrupt. Those who try to launder money can easily do this through gambling. But as this matter is now well understood by all, it is not easy to do such work.

Gambling could be considered an illicit activity depending on the country and player who is involved in it. For those countries that ban gambling, anyone who is involved and takes part in gambling in that region will be penalised and considered a criminal, or whatever they might tag the person as being.
 
But for countries where gambling is legal, it's not considered illicit. Few people can tell gamblers that they are doing something that is not useful or right, but legally there is no legal implication that can be attached to it. But that does not stop it from being used for image activities, where money launderers can use it in the best way possible to clean their money, which makes most people call it or view it as something that is illicit.
 
But one thing that I know is that money that is being launder through a casino, exchange, or any form of centralised means is just a small amount of money; real money laundering businesses are happening through cash transactions or it's been handled by offshore account operators, which makes it less suspicious.

If we talk about gambling, it is an activity that is believed to be a form of prohibition, in my opinion not in general, for that reason it can be broken by a statement that states there is Countries Where Casino Gambling Is Legal, Of course the question is gambling, activities and prohibitions.

---

So in my understanding.
Gambling: is a place to gamble money or an online site that is used by humans.
Activity: can be interpreted broadly, behavior, activities and so on.
Forbidden: can be interpreted in the form of a rule or order.

For me, these three things are actions carried out by humans, apart from these three things there is money laundering, but this action is not completely and generally prohibited, because in this element there are rules or orders, which are carried out by humans, regardless of whether gambling is illegal or legal, in general they do not fully consider gambling as a prohibited activity, in essence: Articles don't happen the same, like what happens in the field, articles are not 100% correct as written, they can be written excessively, casually or as they are, but the third point is rarely done by article writers, most of them are excessive.

If it's about money laundering, it just so happen that groups or organizations that does it have seen the potential on it and they can literally do it through the casinos and gambling itself.

That's why they've abused that use of gambling and casinos for that illegal activity such as money laundering. The governments are aware of this but they can't ignore the fact that there's a huge taxation that comes from gambling and legal casinos.

Therefore, there's a due process for those suspected people that uses casinos for money laundering but how often do we get some litigations through it when there's huge money that can stop those and let them just do it?

The answers or materials you get from Wikipedia are written by humans and not spirits. These writers have their own ideologies and beliefs which affect their perception of an activity. If you ask a Muslim if money gotten from gambling is evil, he will affirm that it is illicit. Somebody might have a different view of what gambling is. I suspect that the content writer of the definition is guided by some cultural or religious sentiments that made him biased. It could also be that he is from a country where gambling is illegal, so he defined it based on his country's laws.

In my country, money laundering is an illegal activity but gambling is legal. People who launder money through gambling are not true gamblers but confirmed money gamblers. It just shows that gambling is just a victim of money laundering. This observation is valid, It could also be an error from the website. However, you can contact them for clarification and possible adjustments.

It's a non sense to say gambling is an illicit activity, money laundering happen in a place where money is flowing, which is it can happen in anywhere including banks or private trade by government. Business can be used for money laundering too, have you see a business in your country where it's really quiet or only few people come to that place? there's a chance it used for money laundering.

It is as simple as this. If gambling is prohibited in certain countries, then we can say that gambling is an illicit activity. But if gambling is considered to be or made legal in a country, then we cannot call it as an illicit activity. Also, wikipedia is not really a reliable source of information because everyone has access to edit and change information from it. Maybe the author of that is only speaking based on his experience or on behalf of his country that's why he wrote there that gambling is an illicit activity. But again, this discussion may be subjective because we are speaking from our own personal beliefs. But for me, I don't consider gambling as an illicit activity especially if there are established laws which constitutes that gambling is made legal in the country. And according to your definition "process of illegally concealing the origin of money", no money was being concealed in country's that made gambling legalized. In fact, gambling is one of the supporting industries which helps a country to achieve economic stability. But again, it depends on what country you came from.

In our country it is only illicit activity if the platform has no license, gambling is not prohibited in our country there are a lot of lottery outlets in every city and province, and hours before the draw there are so many people lining in to bet, but if the platform is being taxed by the government it is not considered illicit activity so the definition of gambling as an illicit activity is based on how the government defines it.
And if an online platform has no license all the money that comes into that platform is considered illegal money if an authority raids an illegal platform all the money is considered coming from illegal activity.

There had been many edits in wiki that are suspicious even though the word Recession was edited to make it look like we are not experiencing it. If they added gambling being an illicit activity then the government itself is committing it since they have been promoting gambling like the state-sponsored lottery.

It will not be surprising one day gambling will be prohibited in countries that once allowed it. After all even today gambling is being frowned upon.

Gambling will only become an illicit activity if the state or the country does not approve it or its not covered by its federal laws. That's the reason why gambling is not legalized in a certain country. However, there are also certain countries that do legalize gambling because they obtained taxes from the casinos which the state benefits, in that case gambling activity is never illicit but legally approved by the country's government.

Furthermore, in cases where gambling tolerates money laundering, then that is certainly becomes an illicit one. Money laundering is always forbidden by law, and so is gambling that becomes a means to exercise illegal money laundering. 

If you read your post very well again you would see that gambling in it self isn't an illicit activity or business, some one with a trusted source of money can aswell channel their funds to gambling and they can never be considered to be illicit, but it's sad that most times illicit money is channeled into gambling because some how it gives them cove as gambling is the most common place when you can make huge sums at go.

But gambling in it's entirety isn't illicit and thats why it's been regulated in regions where they consider it to be legal, in regions where they consider gambling illegal it's usually because of past experiences which have been to frequently associated with gambling so to prevent further occurrances in the near future they had to put a stop to it, but then gambling literally isn't illicit as you don't take money from anyone illegally, you only risk a certain amount to get a bigger amount.

It's a gateway, you are not into this strategies that's why you dont believe that there is a way to move money around in a casino, what will it take the casino owners to pretend as a gambler from another country and then credit their account as if they win a lot of money? And it's actually them, from the inside, now they take out the money and fund their nonsense, all you need to do is think.

This is just one out of many ways, even companies that are into pie making are into smuggling of drugs and other things, criminal organizations have incredible unsighting ways they can carry out their operations, you will be shocked if you hear them.

The most popular method is cashing in and out of the casino, as if it belongs not to them but to a total stranger and another similar way is by abusing the gambling accounts on their platforms.

Some countries, perhaps based on religious reasons, may ban gambling as a whole. Based on Islamic and fundamentalist christian principles, Gambling is a work of the devil and should never be done by those seeking to follow god.

But other than that, government also like to ban online casinos that they can't tax. However, the funny thing is that most licensed casinos don't follow the "provably fair" principle in any way shape or form. So in fact an educated gambler would be better off gambling at provably fair casinos. Honestly governments aren't so much concerned with the safety of users, they just care about getting paid. However choosing to gamble "illegally" on unlicensed crypto casinos can sometimes be a better option for user safety and fairness.

Gambling is not necessarily an illicit activity, although it's connected to such due to the possibility of money laundering. That's why casinos often have this rule that you cannot withdraw deposited funds when you don't wager at least 1x of your original amount. It prevents money laundering somewhat, because it poses a risk to the perpetrator by hindering them to deposit and dip out with the funds by withdrawing.

Wikipedia isnt really a credible source to refer to. I think you need to search more beyond it. As how I take it, gambling itself is not always illicit. The point is that criminals sometimes use the proceeds from illegal activities like drug trafficking or corruption and funnel that money through legal businesses like gambling establishments to make it appear legitimate. In this case, gambling is used as a cover to conceal the illegal origins of the money.
Maybe thats why Wikipedia's didnt define it as illicit because technically if gambling establishments are registered it is not illicit, if it is used for money laudering, it is.

1.Why were you searching for the definition of "money laundering"? Do you plan to launder some money?
2.Gambling is legal in some countries and illegal in other countries. The same thing applies to prostitution, selling alcohol and weed and various other goods and services.
3.The guy, who wrote the definition of "money laundering" in Wikipedia didn't do any mistake. Gambling can be used in money laundering schemes.
I remember stories about carders(the people, who obtain credit/debit card info and steal money from bank accounts), who were using casinos and sports betting platforms to launder the money they stole from their victims. The KYC policies, which were imposed over the gambling businesses had helped in fighting this form of money laundering.

Why did OP mention Wikipedia? It's man made bro, so don't always take them this serious. Gambling to me has some part that's into illicit activities, even right from the olden days, centuries back, illegal gambling also became one of the masterpiece activities of methodical crime, today any business can be used as a back door for illegal activities, it's not gambling only.

This is why the government is very serious with casinos regulations, because they knew that right from day one many illegal activities are been carried out by those running casinos, and that's why they mandatory KYC requirements too.

It's why some countries will never accept gambling activities among it's people, they believe it's a very harmful habit, they failed to approve gambling when they know that they can make some money from the it and use the fund on the country, but it seems they care more for their citizens, like Cyprus and Cambodia.

Gambling is not an illegal activity, but people are the cause of that illegality.

But as a tool in life, it is built to support people, but how to use it for what purpose is a matter of the user.

Perhaps because the legal issue of gambling has not been specifically recognized, people only know about part of the content and consider it as everything. Some places consider this illegal, let alone using it. So anyway, depending on the perception in the current context, we should also have an open view of gambling, play happily without too much calculation.