Legal Matter - page 4. | Bitcointalksearch.org

Hippocrypto

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Quote from: MCobian on August 27, 2020, 07:42:33 PM

I am one of those who support online gambling, it should be legal, because there are many positive things that can be obtained.
At least it can reduce the number scammers who are increasingly right now, and most importantly the government must get
a large tax. But there are still many countries who consider it online gambling is an illegal activity, and it's very sad for me. But
fortunately there is a bitcointalk forum that can provide good reviews regarding online gambling.

Of course bitcointalk is a great help for all gamblers who seeks good attention towards promoting every community. About it's legality, well that depends on government concern because that's too controversial due to several factors. Many politicians will oppose to a gambling operation specially when it affects every individual. Virtualized gambling is a good alternative instead of physical one in order to minimize addiction, as it will be more optional compared to traditional betting.

pikkie

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Quote from: stadus on August 27, 2020, 06:35:10 PM

Quote from: johhnyUA on August 27, 2020, 05:28:44 PM

It's too easy to open online casino. In fact, you just need to know few html, css, and JS (or find a man with needed skills) and you can go ahead. If something bad will happen - just changing domain or even a name. Because of that this is too hard to fight such things.

We should be aware of that, first thing we look at on a casino when we are gambling is their license, if they don't have, that's when we have to manage the risk carefully as we can never go after our money once they go dark.

well that's it because having active players is harder to find, imagine even though the owner of the online gambling place gets a little profit from that gambling place but has active players and is often visited by many people it will be the best gambling place and can provide good income for gambling owners.

MCobian

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I am one of those who support online gambling, it should be legal, because there are many positive things that can be obtained.
At least it can reduce the number scammers who are increasingly right now, and most importantly the government must get
a large tax. But there are still many countries who consider it online gambling is an illegal activity, and it's very sad for me. But
fortunately there is a bitcointalk forum that can provide good reviews regarding online gambling.

Baofeng

legendary

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Quote from: fiulpro on August 27, 2020, 08:34:48 AM

Let me list 5 countries where the Online Gambling is legal and flourishing :

Japan

Quote from: fiulpro on August 27, 2020, 08:34:48 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?

I think @avikz has put a good discussion about it.

Vaculin

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Winding down.

Quote from: johhnyUA on August 27, 2020, 06:50:15 PM

Quote from: stadus on August 27, 2020, 06:35:10 PM

We should be aware of that, first thing we look at on a casino when we are gambling is their license, if they don't have, that's when we have to manage the risk carefully as we can never go after our money once they go dark.

Dude, there is no problem of casino without a license, there is a big problem about people who getting mad about gambling, so illegal casinos will be the only solution for them after all other will reject them (due to limit)

I think what he is only emphasizing is, what if the casino will do an exit scam? That's gonna be a problem for gamblers as they can never recover their money anymore, I guess we can see some cases in the scam accusation boards.

johhnyUA

legendary

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Crypto for the Crypto Throne!

Quote from: stadus on August 27, 2020, 06:35:10 PM

We should be aware of that, first thing we look at on a casino when we are gambling is their license, if they don't have, that's when we have to manage the risk carefully as we can never go after our money once they go dark.

Dude, there is no problem of casino without a license, there is a big problem about people who getting mad about gambling, so illegal casinos will be the only solution for them after all other will reject them (due to limit)

Questat

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Quote from: Bezobraznike on August 27, 2020, 03:19:38 PM

It should be legal! Legal pay taxes, you have benefits from that industry. People will bet anyway, why not to leave money in your
place. It's how legal gambling can contribute to many good things in the community. Casinos should pay higher taxes, like a luxury
thing, and it should be legal and regulated.

There's no problem if online crypto casinos are required to be legal to operate, what most people concerns here are they will lose their anonymity.

Hopefully there's one would explain that it's still possible to keep that anonymity even if a casino is regulated by the government.

stadus

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Hhampuz for Campaign management

Quote from: johhnyUA on August 27, 2020, 05:28:44 PM

It's too easy to open online casino. In fact, you just need to know few html, css, and JS (or find a man with needed skills) and you can go ahead. If something bad will happen - just changing domain or even a name. Because of that this is too hard to fight such things.

We should be aware of that, first thing we look at on a casino when we are gambling is their license, if they don't have, that's when we have to manage the risk carefully as we can never go after our money once they go dark.

johhnyUA

legendary

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Crypto for the Crypto Throne!

Quote from: fiulpro on August 27, 2020, 08:34:48 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

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

Online gambling is also restricted in Russia and Ukraine. At least, restricted "on paper", but in fact there so much online casinos, and even tv stars and bloggers are often advertise it.

About legal status you're definitely right, but you should understand that this will divide online gambling into two parts: legal and illegal (dark part). It's too easy to open online casino. In fact, you just need to know few html, css, and JS (or find a man with needed skills) and you can go ahead. If something bad will happen - just changing domain or even a name. Because of that this is too hard to fight such things.

bitbunnny

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WOLF.BET - Provably Fair Crypto Casino

Quote from: RokokGudangGaram on August 27, 2020, 11:48:23 AM

I am sure that this would have benefits and advantages as well. Legalizing online casinos, does not necessarily mean that crypto casino are included. Unless, the country is open to also accept cryptocurrencies. But, by doing that it can compromise our anonymity and would also lead to taxes being charge.

There is no general solution because each country is unique and everything depends on local regulations. Crypto casinos are special and although some general rules apply the same as for the rest of casinos the fact they use crypto makes the difference.
We all value our privacy but it's compromised on many ways and we have to be honest and admit there is not much of anonymity left, if any.

Bezobraznike

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★Bitvest.io★ Play Plinko or Invest!

It should be legal! Legal pay taxes, you have benefits from that industry. People will bet anyway, why not to leave money in your
place. It's how legal gambling can contribute to many good things in the community. Casinos should pay higher taxes, like a luxury
thing, and it should be legal and regulated.

perla

hero member

Activity: 1932

Merit: 504

It's true that they can give us protection in legalizing online casino or online gambling and it would benefit the country as well but the fact is that most of us here would prefer being anonymous and being free with tax. I never thought that US is a little bit strict about online gambling it seems now that I know why most of the online casino doesn't allow US based players.

dothebeats

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Cashback 15%

There is money to be made in legalizing online gambling, but remember that physical casinos are one of the main reasons why the United States are frequented by people, especially in Las Vegas, and there's more money in there compared to online gambling. There are some states that are 'quite open' to online gambling though they do not explicitly state that they support it. It's just that they are passive about it until something gets wrong. Anyways, as long as physical casinos are raking in huge profits for the government, they would not touch online casinos since it gets in the interest of the physical casino owners which, we know, has a strong influence on the decisions made by the US government regarding their industry.

aioc

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Quote from: fiulpro on August 27, 2020, 08:34:48 AM

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?

Government should allow it there are money to be made by the government coming from taxes here in out country we have POGO an Offshore Gaming Operator where our government are making millions of pesos from taxes and hosting Chinese in our country, online gambling can give a huge revenue for every government will just have to regulate and do not let their citizen to abuse gambling online.

abel1337

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Quote from: RokokGudangGaram on August 27, 2020, 11:48:23 AM

I am sure that this would have benefits and advantages as well. Legalizing online casinos, does not necessarily mean that crypto casino are included. Unless, the country is open to also accept cryptocurrencies. But, by doing that it can compromise our anonymity and would also lead to taxes being charge.

Having a certain country that legalized online gambling might not directly affect cryptocurrency casino but it can be a stepping stone for a crypto casino that could possibly start-up in that country. Of course, the drawbacks of setting up a crypto casino on a newly legalized country can't be avoided because the regulations will be pretty in favor of the country and the government itself.

RokokGudangGaram

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I am sure that this would have benefits and advantages as well. Legalizing online casinos, does not necessarily mean that crypto casino are included. Unless, the country is open to also accept cryptocurrencies. But, by doing that it can compromise our anonymity and would also lead to taxes being charge.

target

legendary

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There are states where gambling is allowed as far as I know. But yes, it should have been legalized for all states if they are to find a possible source of funds, it's a billion-dollar industry that they missed milking. centralized or not, its going to make money.

But I'm sure anyone who wanted to play can always do so with just credit card. Before Bitcoin I've seen enoug gambling websites that's been popular in US.

avikz

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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!

sunsilk

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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?

Fundamentals Of

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The government should allow it both in the name of government revenue and freedom for their people. But strict regulations should be put in place to make sure that certain things are not violated, for example, abuse by minors, gambling addiction, negligence to family, less productivity in workplace, stealing, etc.

The government regulators should not just put everything in the hands of the gamblers themselves. It is very hard to expect them to do self-control all the time. Discipline should not also be coming from the individual gambler but also from the government authorities.

Topic: Legal Matter - page 4. (Read 617 times)