Legal Matter - page 2. | Bitcointalksearch.org

FlightyPouch

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Quote from: robelneo on August 29, 2020, 06:31:53 AM

The government should allow and regulate it gambling is inherent among human and it's been with us since time immemorial, you cannot stop on something that has a market and gambling has a huge market whether online or offline, by regulating it they can impose their rules and a share of the revenue, instead of spending money going after illegal gamblers and fly by night gambling operators, they can protect the interest of their people as well.

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.

Botnake

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Quote from: ultrloa on August 29, 2020, 06:21:59 AM

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.

We can never tell what would happen with the casinos we are gambling with, but as a gambler, it's our duty to ensure that we are playing to the most legit casinos which we think would not fold down their business any time or will scam us.

Las Vegas casinos have been operating for many years, it's a very profitably business or industry, so the risk is very low for them to stop or scammed us.

And since they are regulated, that should make us confident gambling with them. If we trust popular gambling sites here in the forum, then I think we should trust the biggest or one of the biggest which is the Vegas. You know, if you are a gambler, you know how to manage the risk and that is by not trusting everything you have in one single gambling sites. What I do as a gambler is I gamble in different online casinos as i like to diversify my money to minimize the risk since online casinos are my only option and Vegas is still a dream for me.

robelneo

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Quote from: fiulpro on August 27, 2020, 07:34:48 AM

Now the question is : Why should it be legal?
-Better handling of scammers
-Protection for people
-It does bring good revenues for the government
-healthy restrictions regarding age and addictions

Now the people are going to do it anyways they cannot control that part , what they can do is discuss the terms and conditions and create a safe environment.

What do you guys think?
Should the government allow it more openly?

The government should allow and regulate it gambling is inherent among human and it's been with us since time immemorial, you cannot stop on something that has a market and gambling has a huge market whether online or offline, by regulating it they can impose their rules and a share of the revenue, instead of spending money going after illegal gamblers and fly by night gambling operators, they can protect the interest of their people as well.

ultrloa

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Quote from: Japinat on August 29, 2020, 05:40:39 AM

Quote from: swogerino on August 29, 2020, 01:37:17 AM

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.

Probably the reason and though there are gamblers who use VPN to gamble but I'm sure they are not betting as big as the bettors betting in Las Vegas. Big bettors are looking for a secured casino that they can sue whenever they believe they are scammed and that's why vegas is s profitable as they don't only offer online gambling but they also offer traditional gambler which gives more entertainment to different type of gamblers.

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.

Japinat

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Quote from: swogerino on August 29, 2020, 01:37:17 AM

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.

Probably the reason and though there are gamblers who use VPN to gamble but I'm sure they are not betting as big as the bettors betting in Las Vegas. Big bettors are looking for a secured casino that they can sue whenever they believe they are scammed and that's why vegas is s profitable as they don't only offer online gambling but they also offer traditional gambler which gives more entertainment to different type of gamblers.

Beparanf

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Quote from: swogerino on August 29, 2020, 01:37:17 AM

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.

Online transactions is too hard to monitor especially in their country that most people were using VPN to still do transactions unknowingly. If they allow online a casinos their physical casinos may be at loss since some will choose to do it online especially these Pandemic and the thing is they might not be able get the taxes since some gambling casinos is not registered in their country. It is to limit their people only to use casinos where they can be taxed. However if they can secure that it is safe to be physically present in a public casino they should not worry since still many choose to do it physically.

swogerino

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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.

carriebee

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Quote from: Saisher on August 28, 2020, 09:25:32 PM

The only thing that hinders countries from legalizing many gambling forms is people's addiction, it's a pull between revenue and people's addiction, if the government needs more he can always opted for legalizing it, and ignore the cause oriented group's protest, but rejecting the legalization will just open open underground activities, it's better to legalize it and regulate it there's more advantage than making it illegal.

The activity of playing gambling can really be addictive to those who cannot control it. Apart from that other countries hinder legalizing it to prevent money laundering for those having an illegal gambling. So in my opinion much better to have this in a legal matter which both the government and the users can be protected from any harm.

peter0425

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Quote from: Shasha80 on August 28, 2020, 05:42:47 PM

The government should be more open to online gambling, because if we see the demand for online gambling is so great.
Especially in a pandemic situation like now, if the government legalizes online gambling. Of course it can be a good tax revenue.
And it can also be profitable for online gambling users, because scammers can be overcome. So in my opinion, legalizing online
gambling can be a win win solution.

government are only protecting Our safeties and also the rules of law,Each government has different outlook about gambling,while others are supporting it others are denying this,specially those countries that has Religious belief in which gambling is very forbidden and not to be tolerated though even how strict they are still some gamblers come to continue their doings in illegal ways.

k@suy

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Quote from: Kemarit on August 28, 2020, 10:17:08 PM

Quote from: avikz on August 27, 2020, 09:48:49 AM

Yes, online gambling is banned in US and that's why a lot of casinos don't accept US players or any traffic from US. It wasn't the case before 2006 before online gambling enforcement act came into picture. I believe the reason for such law is the offline casino owners. They have a very powerful lobby in US and government earns billions in revenue from such casino owners. It's simple that the offline casino owners see online gambling as a threat to their business in a way banks see cryptos asa threat to their business.

Online gambling market will definitely explode if US government lifts the ban but it doesn't seem to be happening anytime soon simply because the offline gambling lobby is too strong!

This is the Unlawful Internet Gambling Enforcement Act of 2006. It could be that there are lobbyist who has control of people who are in the US congress to amend this law.

But there are many states as well who has it's own law on the legality of online gambling.

Really? I dont actually any idea regarding to this because I thought that all gambling activities are legal in US because they are the strongest country around the globe but I'm wrong. Anyway thanks to this information. Maybe this is the reason why I can't find anyone from US who plays online gambling but in a traditional way.

Kemarit

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Quote from: avikz on August 27, 2020, 09:48:49 AM

Yes, online gambling is banned in US and that's why a lot of casinos don't accept US players or any traffic from US. It wasn't the case before 2006 before online gambling enforcement act came into picture. I believe the reason for such law is the offline casino owners. They have a very powerful lobby in US and government earns billions in revenue from such casino owners. It's simple that the offline casino owners see online gambling as a threat to their business in a way banks see cryptos asa threat to their business.

Online gambling market will definitely explode if US government lifts the ban but it doesn't seem to be happening anytime soon simply because the offline gambling lobby is too strong!

This is the Unlawful Internet Gambling Enforcement Act of 2006. It could be that there are lobbyist who has control of people who are in the US congress to amend this law.

But there are many states as well who has it's own law on the legality of online gambling.

k@suy

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Quote from: Saisher on August 28, 2020, 09:25:32 PM

Quote from: fiulpro on August 27, 2020, 07:34:48 AM

Now the question is : Why should it be legal?
-Better handling of scammers
-Protection for people
-It does bring good revenues for the government
-healthy restrictions regarding age and addictions

Now the people are going to do it anyways they cannot control that part , what they can do is discuss the terms and conditions and create a safe environment.

What do you guys think?
Should the government allow it more openly?

The only thing that hinders countries from legalizing many gambling forms is people's addiction, it's a pull between revenue and people's addiction, if the government needs more he can always opted for legalizing it, and ignore the cause oriented group's protest, but rejecting the legalization will just open open underground activities, it's better to legalize it and regulate it there's more advantage than making it illegal.

I think also the reason behind not adapting the online gambling in some countries its because the casino operators in traditional gambling are afraid that online gambling may affect their daily income if many people will adapt the online gambling instead of playing it in traditional way because online gambling is more convenient, less time consuming and favorable to them most especially if they want to play gambling but they don't have time to go to large casinos.

Saisher

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Quote from: fiulpro on August 27, 2020, 07:34:48 AM

Now the question is : Why should it be legal?
-Better handling of scammers
-Protection for people
-It does bring good revenues for the government
-healthy restrictions regarding age and addictions

Now the people are going to do it anyways they cannot control that part , what they can do is discuss the terms and conditions and create a safe environment.

What do you guys think?
Should the government allow it more openly?

The only thing that hinders countries from legalizing many gambling forms is people's addiction, it's a pull between revenue and people's addiction, if the government needs more he can always opted for legalizing it, and ignore the cause oriented group's protest, but rejecting the legalization will just open open underground activities, it's better to legalize it and regulate it there's more advantage than making it illegal.

maydna

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Quote from: Sanitough on August 28, 2020, 02:30:41 AM

You explained everything that is needed, there's always that restriction when a gambling site or casino is legalized and they need to strictly comply or follow it, and that includes not allowing minors to gamble, and one way to prevent that is by requiring KYC to all gamblers who like to sign up for an account.

However, does the crypto enthusiast people would like this? Knowing crypto is suppose to be for anonymity or privacy.

can we still enjoy the anonymous gambling?

That is for the offline casino, but I am afraid that it will not easy to see it works too with an online casino, especially an online crypto casino. We know that online crypto casino is not yet legalized in many countries, even in some country, crypto itself is not legalized. That can give easiness for the minors to visit on the site and play the gambling games. And when they visit the online crypto casino and find the faucet to get free coins, they will try the games, and I think they will like it.

But I am sure that if we still use the online crypto casino, we can still enjoy anonymous gambling because, in the online crypto casino, we don't have to do KYC. Besides that, we have many options for the online crypto casino, which doesn't require KYC.

Quote from: Kasabus on August 28, 2020, 06:56:01 PM

It is surely a good step to legalize all online crypto casinos because aside from avoiding a lot of scammers, it can also help the government as well which will add to tax revenue. But the big problem would be our sense of anonymity, it will definitely be forgotten as regulations from the government would strictly be implied.

Before the government legalizes all online crypto casinos, they need to approve the use of crypto. Yes, we will have a problem if the government legalizes the online crypto casinos because the casino will require the KYC, which we need to fills. But I am sure there is an online crypto casino that doesn't use KYC.

Kasabus

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Quote from: Shasha80 on August 28, 2020, 05:42:47 PM

The government should be more open to online gambling, because if we see the demand for online gambling is so great.
Especially in a pandemic situation like now, if the government legalizes online gambling. Of course it can be a good tax revenue.
And it can also be profitable for online gambling users, because scammers can be overcome. So in my opinion, legalizing online
gambling can be a win win solution.

It is surely a good step to legalize all online crypto casinos because aside from avoiding a lot of scammers, it can also help the government as well which will add to tax revenue. But the big problem would be our sense of anonymity, it will definitely be forgotten as regulations from the government would strictly be implied.

Shasha80

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The government should be more open to online gambling, because if we see the demand for online gambling is so great.
Especially in a pandemic situation like now, if the government legalizes online gambling. Of course it can be a good tax revenue.
And it can also be profitable for online gambling users, because scammers can be overcome. So in my opinion, legalizing online
gambling can be a win win solution.

johhnyUA

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Quote from: radjie on August 28, 2020, 04:37:52 PM

In other words, local gambling, of course, there are still many countries that cannot legalize its existence, especially during this pandemic, all activities that can attract large crowds of people will certainly be forcibly disbanded. therefore online gambling still dominates the most liked by people, both legally and illegally

I don't think this is about corona. For example, in my country gambling was finally legalized (but only at hotels) one month ago. And as i know some hotels already making places for gambling and there enough investors to give money for such things.

The real problem is that gambling considered not as good business, so many people against it. And government acting due to the mood of society

cabalism13

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Quote from: Wexnident on August 27, 2020, 07:55:54 PM

Are we talking about Online gambling as a whole? Or Crypto gambling only?

I think we're talking about it as a whole, besides it will be the same as for legality of its nature when it comes to the government but still depends on what country where in,...

Quote from: radjie on August 28, 2020, 04:37:52 PM

In other words, local gambling, of course, there are still many countries that cannot legalize its existence,

yeah, it's because it's all about money, and we're talking about it on how these governments will earn out of these OGs.

radjie

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Quote from: Ayiranorea on August 28, 2020, 02:46:19 PM

By now people who are much into gambling and spend on real casinos prefer using the online casinos during this pandemic. This way the online crypto gambling usage have increased alot over the recent months. Very importantly this has been found high in the first world countries. Third world countries are highly regulated for cryptocurrency usage, but local gambling platforms make more fiat money out of the people.

In other words, local gambling, of course, there are still many countries that cannot legalize its existence, especially during this pandemic, all activities that can attract large crowds of people will certainly be forcibly disbanded. therefore online gambling still dominates the most liked by people, both legally and illegally

FlightyPouch

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In our country they strictly implement the rules of not letting underage individuals to gamble in the past. Even in some places where there are no casinos, this is also looked into but right now they are quite soft in this that at the young age children can gamble and the worst part is that they are also influenced to other things more illegal than gambling.

Topic: Legal Matter - page 2. (Read 642 times)