Pages:
Author

Topic: Legal Matter (Read 642 times)

legendary
Activity: 3094
Merit: 1127
September 04, 2020, 01:51:40 PM
#86
Indeed, unless it's against their religion to gamble.

Gambling is a big industry, it opens opportunity to improve the economy through taxes, but it's not a perfect business especially to those who are losing money against the casino, but we need to educate people that gambling sites have an edge and we will likely to lose, so treating it an entertainment is the best way to do.

Why liquor are not ban? because it's helping the economy and they just say drink moderately, the same thing could also be applied in gambling.
Is there any way that gambling activity could be moderated? It seems like a good idea to moderate gambling as we all know that many are addicted to gamble and somehow destroys the life of a gambler.

Just like smoking here in our place. It has been somehow moderated by increasing its tax for the smokers. The impact of high tax is that the price of the ciggarete become expensive and some smokers minimize their buying capacity. The label itself discourage every smoker knowingly the effect of its health.

If gambling could be moderated hoe could it be done? Could it be possible to create a law like this?

We can only control by ourselves, that's the way to have a moderation when it comes to gambling. The government will only act when there's a serious negative effect on gambling as they need to balance the risk and reward. Yes, they are still rewarded as they will get an income tax from gambling operation but if that would risk a lot of people to get addicted, I think it's not wise anymore to not act on it to address the problem.

Thus far, the only law I read in one of the threads in the forum IIRC is to limit gamblers at $100 per month.
Those limits are just too small imho even if you are a small time gambler and you will surely complain about this law.They can make limitations but this wont really be that small as mentioned.
When it comes to benefits then its no doubt since gambling business is one of the biggest contributor so most likely government would really consider it out on making it legal and i agree that
moderation doesnt only limit out to themselves but rather on the players or citizens itself.We are the ones who do make out spending and controlling our money into gambling activity is just
our responsibility not by other people.If you do let yourself fall into the pit of addiction or messed out yourself because of it then you just got overboard.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
September 04, 2020, 09:41:30 AM
#85
Indeed, unless it's against their religion to gamble.

Gambling is a big industry, it opens opportunity to improve the economy through taxes, but it's not a perfect business especially to those who are losing money against the casino, but we need to educate people that gambling sites have an edge and we will likely to lose, so treating it an entertainment is the best way to do.

Why liquor are not ban? because it's helping the economy and they just say drink moderately, the same thing could also be applied in gambling.
Is there any way that gambling activity could be moderated? It seems like a good idea to moderate gambling as we all know that many are addicted to gamble and somehow destroys the life of a gambler.

Just like smoking here in our place. It has been somehow moderated by increasing its tax for the smokers. The impact of high tax is that the price of the ciggarete become expensive and some smokers minimize their buying capacity. The label itself discourage every smoker knowingly the effect of its health.

If gambling could be moderated hoe could it be done? Could it be possible to create a law like this?

We can only control by ourselves, that's the way to have a moderation when it comes to gambling. The government will only act when there's a serious negative effect on gambling as they need to balance the risk and reward. Yes, they are still rewarded as they will get an income tax from gambling operation but if that would risk a lot of people to get addicted, I think it's not wise anymore to not act on it to address the problem.

Thus far, the only law I read in one of the threads in the forum IIRC is to limit gamblers at $100 per month.
full member
Activity: 686
Merit: 125
August 31, 2020, 02:22:00 AM
#84
Indeed, unless it's against their religion to gamble.

Gambling is a big industry, it opens opportunity to improve the economy through taxes, but it's not a perfect business especially to those who are losing money against the casino, but we need to educate people that gambling sites have an edge and we will likely to lose, so treating it an entertainment is the best way to do.

Why liquor are not ban? because it's helping the economy and they just say drink moderately, the same thing could also be applied in gambling.
Is there any way that gambling activity could be moderated? It seems like a good idea to moderate gambling as we all know that many are addicted to gamble and somehow destroys the life of a gambler.

Just like smoking here in our place. It has been somehow moderated by increasing its tax for the smokers. The impact of high tax is that the price of the ciggarete become expensive and some smokers minimize their buying capacity. The label itself discourage every smoker knowingly the effect of its health.

If gambling could be moderated hoe could it be done? Could it be possible to create a law like this?
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
August 31, 2020, 02:16:29 AM
#83
theres more of them not just 5 and theres just few countries that i know that restrict online gambling and that includes u.s.a  , idk why they do that but if we look on the benefits of gambling being legal their governments can also benefit with it not just the gambling owner and the people that are going to gambling .

if they continue to restrict those countries , people are going to gamble on lillegal sites causing them more harm in the long run .

It is always about power and money. Politics at the end of the day,,, and the understanding that stems from gambling being seen as a social ill like alcohol. I agree it has some bad effects but countries need to understand that you can only manage vice with regulations, not prohibition. Humans are predictable and they go for what is forbidden every time.

Indeed, unless it's against their religion to gamble.

Gambling is a big industry, it opens opportunity to improve the economy through taxes, but it's not a perfect business especially to those who are losing money against the casino, but we need to educate people that gambling sites have an edge and we will likely to lose, so treating it an entertainment is the best way to do.

Why liquor are not ban? because it's helping the economy and they just say drink moderately, the same thing could also be applied in gambling.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
August 31, 2020, 01:35:53 AM
#82
theres more of them not just 5 and theres just few countries that i know that restrict online gambling and that includes u.s.a  , idk why they do that but if we look on the benefits of gambling being legal their governments can also benefit with it not just the gambling owner and the people that are going to gambling .

if they continue to restrict those countries , people are going to gamble on lillegal sites causing them more harm in the long run .

It is always about power and money. Politics at the end of the day,,, and the understanding that stems from gambling being seen as a social ill like alcohol. I agree it has some bad effects but countries need to understand that you can only manage vice with regulations, not prohibition. Humans are predictable and they go for what is forbidden every time.
full member
Activity: 1638
Merit: 122
August 31, 2020, 12:43:48 AM
#81
As with many other online activities – carries the risk of criminal activity. However, there are also other specific associated risks, such as payouts not being fair and open, access by children and use by vulnerable people.
this is the big disadvantage of online gambling compare to other online acts  . i know unfair payouts can happen on others but im more concerned on the young individuals because an online gambling site usually dont have age restriction while other online acts always requires a kyc before you can join which childrens cant join .

Quote
Gambling can also be addictive, and you need to know when to stop.
of course it is  . anything fun and profitable can be addictive but again if young persons are involved they wont care or they dont know if they are already addicted or not but as long as they are happy of what they are doing .
sr. member
Activity: 2618
Merit: 439
August 30, 2020, 11:44:13 PM
#80
theres more of them not just 5 and theres just few countries that i know that restrict online gambling and that includes u.s.a  , idk why they do that but if we look on the benefits of gambling being legal their governments can also benefit with it not just the gambling owner and the people that are going to gambling .
Most of those countries that banned gambling either Online or In real?are those countries that Runs or followed their religious beliefs.
Quote
if they continue to restrict those countries , people are going to gamble on lillegal sites causing them more harm in the long run .
That is what gamblers do know,because once a gambler always a gambler until he realized that this makes His life miserable and complicated so Looking for a chance to play is what they surely do.
full member
Activity: 1750
Merit: 118
August 30, 2020, 10:41:39 PM
#79
theres more of them not just 5 and theres just few countries that i know that restrict online gambling and that includes u.s.a  , idk why they do that but if we look on the benefits of gambling being legal their governments can also benefit with it not just the gambling owner and the people that are going to gambling .

if they continue to restrict those countries , people are going to gamble on lillegal sites causing them more harm in the long run .
sr. member
Activity: 2296
Merit: 348
August 30, 2020, 02:06:43 PM
#78
Countries like Latvia, Dominic republic are known for welcoming all kind of businesses hence on these countries gambling is either legal or at least no strict law against gambling. Most countries are having laws to classify the gambling activities as an offensive thing whereas some developing and under developing countries which are not having any major strengths to generate their own revenues are still being neutral for gambling activities.

Some religions are prohibiting gambling which makes their laws are against gambling when those countries are religion based.

In my country, for protecting the young generations, we are having strict laws against gambling still, with permission, and as per set of rules gambling houses are allowed to operate. But, overall I assume gambling is prohibited in my country as well as licenced gambling is possible here only for few types of gambling like horse riding as it is falling into the category of skill based gambling.
newbie
Activity: 42
Merit: 0
August 30, 2020, 01:42:48 PM
#77
As with many other online activities – carries the risk of criminal activity. However, there are also other specific associated risks, such as payouts not being fair and open, access by children and use by vulnerable people. Gambling can also be addictive, and you need to know when to stop.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 29, 2020, 08:28:25 PM
#76
In today's time with everyone having access to internet it doesn't really matter where the casino is based, you can access it from anywhere. And if some websites are banned you can just use a VPN.
I think a country should not outright ban online casinos, better to control and regulate them. And also profit from tax revenues.


The internet did bring life to online gambling and they are more profitable then physical casinos in some ways, these two forms of gambling will not fade, there is market for offline casinos and there are also market for online casinos and this is as long as man earn enough money he will gamble whether online or offline.

Both online gambling and offline gambling will still grow and will get their fan themselves. People will have their own choice to play on where they like, and they will not have a problem even if the gambling place will need KYC or not.

The legality of each online and offline gambling will be on the owner's concern, and the owner will realize that the legality things are one of the things that they should obey. They will not try to break the rule because that is what they need to do to run their business, and besides being legal, they can convince people that they are not trying to scam people.
sr. member
Activity: 1022
Merit: 257
August 29, 2020, 06:09:14 PM
#75
I think Us government is smart enough and by disallowing online gambling they are preserving their Las Vegas casinos from falling down in revenue.I think Las Vegas casinos give to Us government enough revenue from taxes and they don’t want to get less through online gambling.That is the reason Us government does not care at all to allow online gambling.

The problem with disallowing online gambling is that you don't stop people from actually playing all you do is moving it abroad and outside of your jurisdiction. In today's time with everyone having access to internet it doesn't really matter where the casino is based, you can access it from anywhere. And if some websites are banned you can just use a VPN.
I think a country should not outright ban online casinos, better to control and regulate them. And also profit from tax revenues.

I do agree. So, basically, the US government did not make a smart move by disallowing online gambling, it is not by preserving their Las Vegas casinos but making their citizens move and find another online gambling wherever it was based.
full member
Activity: 1330
Merit: 147
August 29, 2020, 05:49:02 PM
#74
So hard to trust some online casinos even if they are trusted enough since there are still possibilities that they will turn scam nor get trouble regarding on legal matter and it will cause for us to lose our money deposited or get trap for such reasons, so I assume there are less capital has been played compared to Vegas since playing physically is so different and many people love the interaction compare to online.
This is why the government regulation (to legalized gambling) is really needed. Although it is online gambling then they will be comply with the rules and have 1% that they will scam their user. I bet, most gambling site who turn to scam was they who didn't have any legalized from some parties/countries. They just launch the gambling site and it is very easy to scam their user because they don't have any fear to face.
sr. member
Activity: 1918
Merit: 370
August 29, 2020, 05:36:40 PM
#73
I think Us government is smart enough and by disallowing online gambling they are preserving their Las Vegas casinos from falling down in revenue.I think Las Vegas casinos give to Us government enough revenue from taxes and they don’t want to get less through online gambling.That is the reason Us government does not care at all to allow online gambling.

The problem with disallowing online gambling is that you don't stop people from actually playing all you do is moving it abroad and outside of your jurisdiction. In today's time with everyone having access to internet it doesn't really matter where the casino is based, you can access it from anywhere. And if some websites are banned you can just use a VPN.
I think a country should not outright ban online casinos, better to control and regulate them. And also profit from tax revenues.

VPN is really the only thing what gamblers could do because if you live in a country where online gambling or online casino is illegal or banned, using a VPN is the safest way for you to be able to access in different gambling sites.
You called it 'safest way for you to be able to access gambling sites' when in fact this is a risky one to do so especially when you are just using a free VPN you just found in a google quick search. Why? coz the VPN you are using might be a shared one from different user and it is not impossible for you two to be playing at the same time in one online casino, that would cause trouble for you guys if casino found out that there is 2 players in a single IP address, that would be suspicious to be honest.

The only problem you will encounter in some gambling sites, if they require KYC before you will be able to play.
Well most of the gambling site these days do not have KYC because players hate KYC even if you tell them that the casino will store it privately. bruh they would not know if they really do  Huh
hero member
Activity: 1750
Merit: 589
August 29, 2020, 05:35:09 PM
#72
The OP have a point on why online gambling sites must be legalized by the government for they will benefit from the revenue coming from it and will secure the welfare of its players although it would be centralized. But that would be fine for at least online gambling would be legalized and the security and welfare would be prioritized since the government is on track of those online gambling websites to prohibit money laundering cases.

But still the legalization of the existence of online gambling websites would still be dependent on the certain country and its government for there are government that have a different perception and outlook towards gambling sites that it might be prone to scammers since those kind of people are already part of the system. But maybe if they would duly understand the importance of legalizing online gambling sites specially at times like this that casino establishments are temporarily close and to be able for revenues to come, convenience playing could be offered via online gambling websites, maybe they would consider allowing its legalization.
plr
member
Activity: 1162
Merit: 24
August 29, 2020, 12:59:59 PM
#71
In today's time with everyone having access to internet it doesn't really matter where the casino is based, you can access it from anywhere. And if some websites are banned you can just use a VPN.
I think a country should not outright ban online casinos, better to control and regulate them. And also profit from tax revenues.


The internet did bring life to online gambling and they are more profitable then physical casinos in some ways, these two forms of gambling will not fade, there is market for offline casinos and there are also market for online casinos and this is as long as man earn enough money he will gamble whether online or offline.
member
Activity: 1120
Merit: 68
August 29, 2020, 10:58:03 AM
#70
I think Us government is smart enough and by disallowing online gambling they are preserving their Las Vegas casinos from falling down in revenue.I think Las Vegas casinos give to Us government enough revenue from taxes and they don’t want to get less through online gambling.That is the reason Us government does not care at all to allow online gambling.

The problem with disallowing online gambling is that you don't stop people from actually playing all you do is moving it abroad and outside of your jurisdiction. In today's time with everyone having access to internet it doesn't really matter where the casino is based, you can access it from anywhere. And if some websites are banned you can just use a VPN.
I think a country should not outright ban online casinos, better to control and regulate them. And also profit from tax revenues.

VPN is really the only thing what gamblers could do because if you live in a country where online gambling or online casino is illegal or banned, using a VPN is the safest way for you to be able to access in different gambling sites. The only problem you will encounter in some gambling sites, if they require KYC before you will be able to play.
hero member
Activity: 1974
Merit: 534
August 29, 2020, 09:35:52 AM
#69
I think Us government is smart enough and by disallowing online gambling they are preserving their Las Vegas casinos from falling down in revenue.I think Las Vegas casinos give to Us government enough revenue from taxes and they don’t want to get less through online gambling.That is the reason Us government does not care at all to allow online gambling.

The problem with disallowing online gambling is that you don't stop people from actually playing all you do is moving it abroad and outside of your jurisdiction. In today's time with everyone having access to internet it doesn't really matter where the casino is based, you can access it from anywhere. And if some websites are banned you can just use a VPN.
I think a country should not outright ban online casinos, better to control and regulate them. And also profit from tax revenues.
full member
Activity: 686
Merit: 125
August 29, 2020, 08:53:41 AM
#68
These days the government are in desperate need to regain the economy and I think regulating gambling in their country could help them rebuild but at the same time they could not just make these casinos function that quickly since we are still affected by the pandemic. Here in our country, most of the online casinos offer their services to other countries so casino is the only way for us to gamble but as far as I know they are closed.
Because casino belong to entertainment and the priority is to open establishment for essentials. For now gambling activities is not a priority because all of us here are doing some reserves especially when it comes to money for emergency. Anyway, others can still play like to those rich guys but for now they should seek online.

Online gambling now is the best choice for those who cannot wait to bet. There are many platforms to chose and start gambling. Just always check if it is legit.
sr. member
Activity: 2436
Merit: 455
August 29, 2020, 07:37:40 AM
#67
In religious countries, you can't expect them to be open with gambling whether it's physical or online. And for those countries that have allowed it, they see the industry rakes a huge amount of money in taxes.

AFAIK, there is this country that allows tourists to come and visit them for gambling purposes but they don't allow their citizens to gamble. Is that Macau or somewhere in Southeast Asia?

I agree. Those countries who are very religious will surely oppose the legalization of both online and physical gambling. They see gambling as some sort of bad habit that can corrupt a person's character and well-being in general. But I've read somewhere that long ago, Catholic and Judaic priests supported gambling. And yes, for those countries that legalized gambling like Las Vegas, they see the gambling industry to be profitable for local business and can be taxed a nice amount of money. Hence, they opt to legalize it since the state can also benefit.

I think Monacco is the place you're asking for. It's the country that do not allow its residents to enter a casino or any gambling place because they believe it has a bad effect to them. Their citizens are not allowed to even set a foot on any casinos unless they are working at it. Monte Carlo casino is one of their big income generating casino yet, only available for tourists.
Pages:
Jump to: