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.
sr. member
Activity: 1638
Merit: 300
August 29, 2020, 06:57:00 AM
#66
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.
hero member
Activity: 2856
Merit: 667
August 29, 2020, 06:34:43 AM
#65
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.
legendary
Activity: 3416
Merit: 1225
August 29, 2020, 06:31:53 AM
#64

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.
legendary
Activity: 2758
Merit: 1228
August 29, 2020, 06:21:59 AM
#63
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.
hero member
Activity: 3052
Merit: 685
August 29, 2020, 05:40:39 AM
#62
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.
hero member
Activity: 2954
Merit: 796
August 29, 2020, 05:21:53 AM
#61
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.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
August 29, 2020, 01:37:17 AM
#60
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.
sr. member
Activity: 1148
Merit: 251
August 29, 2020, 01:06:48 AM
#59
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.
sr. member
Activity: 2618
Merit: 439
August 29, 2020, 01:06:36 AM
#58
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.
sr. member
Activity: 882
Merit: 269
August 29, 2020, 12:15:28 AM
#57
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.
legendary
Activity: 3080
Merit: 1353
August 28, 2020, 10:17:08 PM
#56
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.
sr. member
Activity: 882
Merit: 269
August 28, 2020, 10:00:35 PM
#55


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.
full member
Activity: 2324
Merit: 175
August 28, 2020, 09:25:32 PM
#54


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.
hero member
Activity: 2912
Merit: 556
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August 28, 2020, 07:38:12 PM
#53
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.

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.
hero member
Activity: 2814
Merit: 576
August 28, 2020, 06:56:01 PM
#52
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.
sr. member
Activity: 1876
Merit: 318
August 28, 2020, 05:42:47 PM
#51
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.
legendary
Activity: 2436
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Crypto for the Crypto Throne!
August 28, 2020, 05:38:34 PM
#50
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
legendary
Activity: 1428
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🤩Finally Married🤩
August 28, 2020, 05:32:32 PM
#49
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,...
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.
sr. member
Activity: 1792
Merit: 264
August 28, 2020, 04:37:52 PM
#48
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
sr. member
Activity: 1638
Merit: 300
August 28, 2020, 04:15:03 PM
#47
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.
full member
Activity: 756
Merit: 231
August 28, 2020, 04:11:55 PM
#46
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.
Being an idle man will always attract stuff(easy money) to mankind. During the novel coronavirus pandemic, many families seek for means to sustain their livelihood which turned many of them into doing what can give money. No doubt many gamblers took the bold steps to gamble online for this purpose. So, not an argument that the population of gamblers increased during the pandemic.

Well, not all third world countries are actually been regulated at the moment. Particularly my country which has not yet make any pronouncements either it be illegal or legal. What they did was to cautioned citizens against cryptocurrencies.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
August 28, 2020, 02:46:19 PM
#45
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.
hero member
Activity: 2506
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Eloncoin.org - Mars, here we come!
August 28, 2020, 01:59:48 PM
#44
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.
Gambling is money in all sources. In Las Vegas, there are 200+ casinos that is operating legally, not to include the underground ones so this probably would take up to 250+. From a news that was dated last year, Las Vegas reported to have a revenue of $22 billion, highest so far that they ever made.  Now we can't be sure if physical casinos are more active than online gambling coz we know how hard it is for physical casinos right now to operate because of the pandemic.



Pandemic may have dented the profits of the physical casino but all the money is transferred to the online casino and gambling houses. Even after the pandemic, many people will prefer to play online and may not return to the physical gambling.
Legal matter mostly apply on physical casino as you can run an online casino anonymously.
sr. member
Activity: 1918
Merit: 370
August 28, 2020, 01:17:57 PM
#43
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.
Gambling is money in all sources. In Las Vegas, there are 200+ casinos that is operating legally, not to include the underground ones so this probably would take up to 250+. From a news that was dated last year, Las Vegas reported to have a revenue of $22 billion, highest so far that they ever made.  Now we can't be sure if physical casinos are more active than online gambling coz we know how hard it is for physical casinos right now to operate because of the pandemic.

hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
August 28, 2020, 01:03:54 PM
#42
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!
I find this to be odd, after all physical casinos have so much power and money that they could have easily created their own online casinos and take over the US market with no problem, why they decided that they preferred online gambling to be illegal? After all I'm pretty sure that US citizens are gambling more than ever online and they are not receiving a dime out of it while some other people are making a fortune and they have their huge casinos completely devoid of clients because of the pandemic.

If this is what happened then to me this is a clear case of a whole industry boycotting themselves and they should consider to change their decision before it is too late and they have to face bankruptcy in the near future.
legendary
Activity: 2436
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Crypto for the Crypto Throne!
August 28, 2020, 12:42:26 PM
#41
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.

Yeah, i don't know but i didn't think about such case. You're definitely right if we are talking about centralized casino.

But our conversation with people above started from the point where we talked about DEX casinos, which can't be regulated.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
August 28, 2020, 10:34:07 AM
#40
Are we talking about Online gambling as a whole? Or Crypto gambling only? Cause if it's the former, then I'm all up to it for the government to make gambling an official legal matter. Heck, create a centralized organization for it to avoid scammy sites that appear and to ensure the rules and laws are enforced properly in each country.
-
Exactly I was thinkin'. Besides, I don't see any convincing reasons for the government to stop it. As it is not something that they can just put their hands on, when gambling was always been for entertainment  Undecided. Howbeit, it would require as mentioned, multiple requirements to an extent of revealing your entire being to the authorities which everyone won't even be taken with.
sr. member
Activity: 1400
Merit: 269
August 28, 2020, 09:06:01 AM
#39
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?


I can't understand your logic? How can gambling protect people when its the source for people getting bankrupt? Second of all, it's not a restriction at all for addictions, it can also get you addicted and spend to much without you noticing it.
That's why it's best gamble if you absolutely know the risk or have allocated an enough amount for you to play and enjoy.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
August 28, 2020, 04:44:13 AM
#38
What do you guys think?
Should the government allow it more openly?

I believe that the government should allow gambling openly to take advantage of it especially the taxes.
It should not be a case to a country where people can easily get addicted, that's the reason why there are countries who ban gambling, in addition, we can also consider that some countries value their religion a lot and some religion especially Islam considered gambling is a sin or forbidden, correct me if I'm wrong.

In my country, gambling industry had contributed a great sum in building infrastructure and giving aid to those who are in need.  They also sponsor several charities.   Gambling Industry maybe frowned upon by some groups but it does help more  in terms of assisting those in needs than any religious group.

That's great.. but just like what I have mentioned, not everyone is open for gambling and they can still survive as they can get revenue from other industry.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
August 28, 2020, 04:08:26 AM
#37
What do you guys think?
Should the government allow it more openly?

I believe that the government should allow gambling openly to take advantage of it especially the taxes.  In my country, gambling industry had contributed a great sum in building infrastructure and giving aid to those who are in need.  They also sponsor several charities.   Gambling Industry maybe frowned upon by some groups but it does help more  in terms of assisting those in needs than any religious group.
hero member
Activity: 1722
Merit: 528
August 28, 2020, 03:18:56 AM
#36
Should the government allow it more openly?

I guess this depends on the country.

I will not go against the government if they will be making this decision the problem is that I don't think it will be as popular as other country's. Most of the bets happening here is in cockfighting, local sports, there are some casinos and usually, the gambling that are happening here are just between people. When there are dead people, they are letting the people gamble there but the government are getting nothing out of it.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
August 28, 2020, 03:10:59 AM
#35
So, in those 5 countries, it's legal to gamble on betting sites, or it's legal to gamble with your funds on any sites?

What exactly does the laws define as gambling. I think this is one of the easiest ways to know if they understand what they are talking about.
hero member
Activity: 2856
Merit: 674
August 28, 2020, 02:30:41 AM
#34
It is difficult to make gambling legal, especially in a country which is not allow gambling.
It's only not difficult but it's impossible, it's already the government making declaration as gambling is illegal, so there's nothing to do unless they change their stand.

But we see that gambling is allowed in some countries, and gambling contributes by giving taxes to the government. The government can make gambling legal, but the government needs to make some regulations related to gamblers' ages because the kids can play gambling without their parents know. However, that is no guarantee that the kids can't play gambling secretly.

I agree with the @OP about opening gambling, but with terms and conditions, only adult people can play gambling. But still, when it comes to online gambling, it will not easy as the kids can visit on the gambling site anytime they want.

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?
copper member
Activity: 658
Merit: 402
August 28, 2020, 01:45:49 AM
#33
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, we also support online gambling since we are also gambling online. Making online gambling legal will really bring taxes to the government and will make it easier for gamblers to play but it also has its cons that's probably stopping some governments in legalizing it.

Though my country also has restrictions with online gambling, good thing that I can still gamble even with crypto which still gives me enough freedom when gambling online.
sr. member
Activity: 2380
Merit: 366
August 27, 2020, 11:26:22 PM
#32
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)

Then everything is in fact a problem with casinos without licenses.

1. If the casino is operating without a license, it is going to be illegal. And if it is illegal, the gamblers playing in it are also violating the law. Therefore they could be raided and the operators as well as the gamblers will be arrested and cases will be subsequently filed against them.

2. If the casino is illegal, it may also turn out a scam and the gamblers who are the victims might not have their funds refunded to them due to the lack of accountability from an unregistered casino.

3. If the casino is not operating with a license, it is not regulated and therefore it may allow illegal gamblers. Those who are laundering money, blacklisted in legal casinos, minors, etc.

4. If the casino is illegal, it is not paying taxes and therefore not in any way contributing to the community.

5. If the casino is illegal, their games may not be fair as they are not regularly audited and checked by the proper authorities.

There are just so many reasons why illegal casinos should be avoided and reported to authorities.
hero member
Activity: 2912
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 27, 2020, 09:57:34 PM
#31
It is difficult to make gambling legal, especially in a country which is not allow gambling. But we see that gambling is allowed in some countries, and gambling contributes by giving taxes to the government. The government can make gambling legal, but the government needs to make some regulations related to gamblers' ages because the kids can play gambling without their parents know. However, that is no guarantee that the kids can't play gambling secretly.

I agree with the @OP about opening gambling, but with terms and conditions, only adult people can play gambling. But still, when it comes to online gambling, it will not easy as the kids can visit on the gambling site anytime they want.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
August 27, 2020, 07:57:05 PM
#30
There are a lot of reasons why gambling should be legalized and a lot of reasons as well not to. First of all, know "why it is banned" in the first place.
  • You are taking money from stupidity and greed.
  • Addictive to people. It will cause more losses than wins, and it would affect the person
  • Possible criminal activities can occur

Some governments take these things seriously and would honestly take the chance to have a better environment without gambling. So it still depends on where you are and how it's going to be in your country, but there are a lot of pros and cons when it comes to that, and the ending is always for the decision on the government.
hero member
Activity: 2702
Merit: 672
I don't request loans~
August 27, 2020, 07:55:54 PM
#29
Are we talking about Online gambling as a whole? Or Crypto gambling only? Cause if it's the former, then I'm all up to it for the government to make gambling an official legal matter. Heck, create a centralized organization for it to avoid scammy sites that appear and to ensure the rules and laws are enforced properly in each country.

Ofc, if it was the crypto gambling part, well, they'd have to start letting people play for themselves. It's like separating the two sides of "we help you secure your funds and bets, but you also have to help us in doing that by giving us the information we require" and the " we don't help you, you don't help us, it's a matter of BUSINESS, a matter of PROFIT". I just hope the government stop themselves from being the control freaks they are though tbh, since a business relationship between customer and user is perfectly plausible if implemented properly.
legendary
Activity: 1428
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August 27, 2020, 07:46:48 PM
#28
Honestly I expected to Find more of them.
Haven't seen ours on the list so,
I would like to add that here in the Philippines it is also Legal to run an Online Casino as long as it is registered:

Philippines

Edit:

To add, as for the OP, I think it will depends on the country or it's government, besides these casinos is also a large payers of taxes, so if they run it online, the governments won't have a way to get their taxes and will be hard to tell on how much these casinos are earning (JMO)
full member
Activity: 924
Merit: 221
August 27, 2020, 07:37:58 PM
#27
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.
On point, legalization will depend on both parties if the government demand or initiate then that leave no choice for a gambling business to operate. If the gambling party wanted to initiate to legal their operations then government mandate will going to follow.

In general any kind of business under goes operation will  be needing an permit to operate and are sacntions to penalty when there are violations to be made. This is a way that both parties will benefit in the process.
sr. member
Activity: 1484
Merit: 277
August 27, 2020, 06:58:31 PM
#26
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.
sr. member
Activity: 924
Merit: 256
August 27, 2020, 06:42:55 PM
#25
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.
full member
Activity: 1190
Merit: 117
August 27, 2020, 06:42:33 PM
#24
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.
legendary
Activity: 2576
Merit: 1655
August 27, 2020, 06:07:31 PM
#23
Let me list 5 countries where the Online Gambling is legal and flourishing :

Japan

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.

hero member
Activity: 2940
Merit: 613
Winding down.
August 27, 2020, 05:55:40 PM
#22
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.
legendary
Activity: 2436
Merit: 1849
Crypto for the Crypto Throne!
August 27, 2020, 05:50:15 PM
#21
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)
hero member
Activity: 2982
Merit: 610
August 27, 2020, 05:42:08 PM
#20
   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.
legendary
Activity: 3080
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Hhampuz for Campaign management
August 27, 2020, 05:35:10 PM
#19
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.
legendary
Activity: 2436
Merit: 1849
Crypto for the Crypto Throne!
August 27, 2020, 04:28:44 PM
#18
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. 
legendary
Activity: 2912
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WOLF.BET - Provably Fair Crypto Casino
August 27, 2020, 04:14:19 PM
#17
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.
sr. member
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★Bitvest.io★ Play Plinko or Invest!
August 27, 2020, 02:19:38 PM
#16
   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.
hero member
Activity: 1932
Merit: 504
August 27, 2020, 02:08:48 PM
#15
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.
legendary
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August 27, 2020, 12:35:50 PM
#14
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.
hero member
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August 27, 2020, 11:33:57 AM
#13


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.
legendary
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August 27, 2020, 11:30:27 AM
#12
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.
full member
Activity: 966
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August 27, 2020, 10:48:23 AM
#11
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.
legendary
Activity: 2282
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August 27, 2020, 10:12:07 AM
#10


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.
legendary
Activity: 3080
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August 27, 2020, 09:48:49 AM
#9
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!
hero member
Activity: 3038
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August 27, 2020, 09:42:15 AM
#8
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?
sr. member
Activity: 2380
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August 27, 2020, 09:20:11 AM
#7
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.
legendary
Activity: 2128
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August 27, 2020, 09:10:58 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
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August 27, 2020, 08:58:07 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: 1974
Merit: 534
August 27, 2020, 08:49:31 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, 08:46:32 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
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August 27, 2020, 07:45:12 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: 1890
Merit: 831
August 27, 2020, 07:34:48 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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