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Topic: Legal Matter - page 5. (Read 617 times)

legendary
Activity: 2128
Merit: 1775
August 27, 2020, 10:10:58 AM
#6
What do you guys think?
Should the government allow it more openly?
Not much to think about, suppose your country has a law on every Illegal online gambling bettor.
It's just money that you have to prepare to place online gambling bets.

Try to visit the countries below which the status of online gambling is illegal, it may also include your country and you will know how the law is.

Legal status of online gambling in Europe and Russia

Legal status of online gambling in North America


Legal status of online gambling in Central America

Legal status of online gambling in South America

Legal status of online gambling in Asia

Legal status of online gambling in the Middle East

Legal status of online gambling in Africa

Legal status of online gambling in Oceania

Legal status of online gambling in Australia and New Zealand

What do you think of these countries, are they good enough at illegal gambling.
legendary
Activity: 3248
Merit: 1160
Fully Regulated Crypto Casino
August 27, 2020, 09:58:07 AM
#5
Welcome to centralization of online gambling. I will going to express the same thoughts over and over again regarding on centralization of online gambling.  

First - the government will ask KYC on all users in a gambling platform which is dangerous if identities in that platfoem will get compromise.
Do you have deposits in banks? If yes, then you trust the bank although the authorities could ask information from them regarding their depositors and clients, the same treatment would happen with casinos if they are regulated.

Just think of this.

Which is more risky, government asking information or casinos not regulated where we trust them with our money?

second - license will be issue before they can operate and expect taxes too for protection to which it is not guarantee by the government to uphold the authority. Most officials are corrupt and they can be easily get tempted by offer especially when it comes to making a favor from the online gambling.
That's only an assumption, maybe some countries have corrupt government but you can't use that reasoning in general as there are countries which officials are honest and their countries are progressive. With you statement, the main reason you disagree with regulation is because you think government are corrupt, am I right?


third - penalty will be high whe online gambling will violate the mandate of the government when it comes to gambling.
That's even good for us gamblers, it will protect us and that would prevent them from cheating us and the government, because if they don't cheat, we can still benefit even if we lose as they will pay the right taxes.

fourth - high transaction fee will be deducted to all user include taxes and possible percentage to be taken from the government especially from lottery or jackpot.
I don't mind paying taxes if I win in lottery.  Grin

fifth - scammers will still be there and will not be eradicated because in gambling the scammers are already part of the gambling system.

I guess that should do already and this is why we should not let government interfere with online gambing. Let the gamblers left with choices to play in gambling.


It will not be eradicated but it will minimize their actions, with a law that will punished them, they might think twice than no regulation at all where they can be too confident to scam the gamblers.
hero member
Activity: 1694
Merit: 516
August 27, 2020, 09:49:31 AM
#4
What do you guys think?
Should the government allow it more openly?

We have at the moment the 2020 World Series of Poker Online running with a lot of players from USA, but the company ggpoker is based in Curaçao. I think USA should start changing their laws to accept online casinos be based in their country too. It would give the players and gamblers a lot of more security if the company would be based within USA. In case of lawsuits people are just much more familiar with USA law than some smaller offshore countries. I would appreciate if all countries would be more open towards online gambling and casinos. Better to regulate it and profit of the tax revenues than to ouright ban it.
full member
Activity: 686
Merit: 125
August 27, 2020, 09:46:32 AM
#3
Welcome to centralization of online gambling. I will going to express the same thoughts over and over again regarding on centralization of online gambling.  

First - the government will ask KYC on all users in a gambling platform which is dangerous if identities in that platfoem will get compromise.

second - license will be issue before they can operate and expect taxes too for protection to which it is not guarantee by the government to uphold the authority. Most officials are corrupt and they can be easily get tempted by offer especially when it comes to making a favor from the online gambling.

third - penalty will be high whe online gambling will violate the mandate of the government when it comes to gambling.

fourth - high transaction fee will be deducted to all user include taxes and possible percentage to be taken from the government especially from lottery or jackpot.

fifth - scammers will still be there and will not be eradicated because in gambling the scammers are already part of the gambling system.

I guess that should do already and this is why we should not let government interfere with online gambing. Let the gamblers left with choices to play in gambling.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
August 27, 2020, 08:45:12 AM
#2
Online gambling does not automatically include crypto online gambling I guess.
But, if the government are positive with crypto regulation, they should also regulate crypto casinos and though we might lose our anonymity, but we have to accept the fact as whether we like it or not, we are going to that scenario as a gambler.

We know that regulation means centralization, as this would help the government not only for revenue purposes but to also implement their policies on crypto casinos, and that includes the popular anti money laundering.
hero member
Activity: 1862
Merit: 830
August 27, 2020, 08:34:48 AM
#1
Let me list 5 countries where the Online Gambling is legal and flourishing :

UK
Japan
Germany
Spain France

source

Honestly I expected to Find more of them.

I would like to quote something in regards to US:
Quote
It is never legal to gamble on a website based in the United States. Also, if you are planning to operate an online gambling site, stay outside of the United States. You must also deal only with casino and poker wagers (not sports bets) from people in the US. ... Accepting online gambling advertising is also illegal.

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?
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