Topic: Online Gambling could be used to pay for covid problems - page 2. (Read 81555 times)
We should ask why most of the gambling platforms online especially those who are crypto-based online casinos are registered on Curacao, that is because the regulation of cryptocurrencies there are favorable to the casinos themselves. That means that as an owner running a cryptocurrency business, they often value their interests rather than to pay too much in taxes by registering on their own nation. I'm sure, every country has a casino regulation and they strictly impose a huge tax on this business. But the good thing here, physical casinos couldn't escape their country's regulation which will definitely help the economy by the tax. Thus, it could mean that the government has most of the responsibility to use the funds to help fight against covid problems.
Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.
So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.
So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.But in that case, don't they have any regulations for these types of casinos?
It is failing to follow the rules and regulations of the country so the best way or step to them is to ban that online casino in the country for people to avoid using it but then again we have VPN to use, which makes it really hard to find a solution. How can a government implement these kinds of regulations with these types of casinos?
So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.
Even online gambling is one of the methods used by gambling entrepreneurs to circumvent restrictions issued by the government. With the internet network making gambling easier to do, age restrictions that are usually applied by land-based casinos, but in online gambling, this will be difficult to control. Although the government has blocked unauthorized gambling sites, this method is still highly inefficient.
It is undeniable that online gambling has great potential as a source of tax revenue for the government and may be used as an additional to cover the costs of Covid, but if there are still people trying to avoid it, then this source of tax revenue will not be optimal.
Online gambling can help the government solve the epidemic problem if everything is closed due to the epidemic gambling is going on then the government can help the government to solve the problem of corona virus if we get tax from gambling here. This will enable the country's economy to improve very quickly from the government's point of view the government can quickly attract tourists through legal and regulated casinos more tourists means more foreign exchange earnings the government can earn money directly from casinos and by taxing money won in gambling. Successfully run casinos through the legal process can directly and indirectly increase employment in a country if there is more investment in gambling the government's income will also increase..
In my opinion the revenues from casinos are not sufficient to cover the corona pandemic losses. Sure we saw a rise in online gambling with more casinos being opened and more people start to ie online casinos. But what we shouldn't forget is that the physical casinos had to close down. Most of the new online gamblers likely just switched from physical to online gambling.
It would be better to ask companies who profit the most during the pandemic to pay. Just look at amazon.
Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.
So far, seeing that there are only a few casino places that follow the rules of the government, the rest they don't care about the rules given by the government, online gambling is difficult to ask to obey government regulations because they don't have real-world gambling locations so maybe That's one of the thoughts of online gambling place owners.
Online gambling can help the government solve the epidemic problem if everything is closed due to the epidemic gambling is going on then the government can help the government to solve the problem of corona virus if we get tax from gambling here. This will enable the country's economy to improve very quickly from the government's point of view the government can quickly attract tourists through legal and regulated casinos more tourists means more foreign exchange earnings the government can earn money directly from casinos and by taxing money won in gambling. Successfully run casinos through the legal process can directly and indirectly increase employment in a country if there is more investment in gambling the government's income will also increase..
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Every business should really paying off some tax yet this one is the major contributors when it comes to taxes and if government wont ask out such tax then there would be no further developments that can be seen
on a certain country.So as a business owner you wont really have any choice but to abide with the rules.This isnt just for the sake for this new covid problem solutions but also this is a typical way on
having a growth on certain country.This isnt limited to gambling business alone but in all sorts of business that do exist.
on a certain country.So as a business owner you wont really have any choice but to abide with the rules.This isnt just for the sake for this new covid problem solutions but also this is a typical way on
having a growth on certain country.This isnt limited to gambling business alone but in all sorts of business that do exist.
Yes, you are right. If every business can follow the government rules, that can help the country's economy grow and they can have better development in the future. So if the casino which can make a lot of money from the gambling industry can pay the taxes which will be bigger than the other business, I am sure that can help the government. Every help from the business owner will be worth it for the government to run their countries and help other people in this pandemic.
Many gambler find it difficult to win during the pandemic that was making people to wear facemask and washing of hands all the time, to avoid spreading of the virus that was killing some gambler who fail to obey the law the government has put in place. Even though the government what to refix the economy and other online gambling center back to normal, will not allow the online gambler to suffer for it. The government will not allow the gambler to contribute in this condition covid-19 has caused to the world economy which is making many gambler think government can just change it decision, to impose taxes to all online gambler which government cannot do that to online gambler.
Casinos are booming at the time of pandemic so there's no downside for this since it can help people and it's beneficial to the economy also since for now the economic state is not really good and it's good to have a certain outlet where the government can take funds to use to fight the pandemic as well for the other things that needed to take care. And there's nothing wrong with regulation since if the casino is regulated the gamblers can assure that they are safety.
In terms of our country, I think there will be a negative result to this and this will be taken by the people as an insult since they think that our national government is not handling the funds that well. A lot of projects got cancelled is with the current issues and situations our country is facing, people are trying to point it all out that the government are the ones at fault why things are worsening so, yeah, there is that.
Well, the only ones that has been cancelled are those good project that will help the whole country to rise again because of this pandemic, and the ones that continues and has been approved by the Government here in Philippines are those shitty projects that should have been not the priority in the amidst pandemic.
In short, I bet even the taxes they get in the casinos are getting stolen as well by them and they just pretending to spend it to something shitty again but the truth is they are putting it in their bank accounts. Nothing's gonna help if the Government of a certain country is corrupt and very incompetent.
Best way for Europe to oblige casinos helping the Covid victims and the affected people,in this they will be part of government movement in this very bad effect in their country as second to the US of most corona virus infected countries.
That's a good solution to implement, many gambling casinos will give more because it will give their site a good reputation and will attract more gamblers to play, but we all know the government, they always want to be in control of everything and take the credit.By taxing them and announcing the tax will be used to sustain the fight against CoVid the government will receive praises and recognition.
And besides lets admit it that Gambling operators are really making good money beating gamblers day after day so it is not a abuse if government will just take a slice of cake.
Best way for Europe to oblige casinos helping the Covid victims and the affected people,in this they will be part of government movement in this very bad effect in their country as second to the US of most corona virus infected countries.
That's a good solution to implement, many gambling casinos will give more because it will give their site a good reputation and will attract more gamblers to play, but we all know the government, they always want to be in control of everything and take the credit.By taxing them and announcing the tax will be used to sustain the fight against CoVid the government will receive praises and recognition.
It is upside in the way of, these taxes are necessary to bring up the economic status of one's country once again.
If this implementation can help the economy to recover I think its not going to be a big deal because it has a purpose. Besides online casinos gain more players in the past months that we are in lockdown. Gamblers are looking for an alternative to still gamble and satisfy themselves.On the other hand, it is downside simply because users must now have to compromise with this situation. Besides, having a regulation will now break the form of anonymity on online gambling.
I think it depends on casinos because we can still have an option. The sad part is gamblers might be affected of this taxation, win or lose you have a contribution.
Best way for Europe to oblige casinos helping the Covid victims and the affected people,in this they will be part of government movement in this very bad effect in their country as second to the US of most corona virus infected countries.
actually this has been promoted from the very beginning that the pandemic steps in their country.
But at least still there is a time to make it right.
actually this has been promoted from the very beginning that the pandemic steps in their country.
But at least still there is a time to make it right.
Yes, the government will not stop just because people will make sure that their economy can run well. Maybe people need to support whatever the government does and wait and see what will happen later after the government applies it. If that can change better, then what we think is wrong because it is normal to have negative thinking before we know how good the result.
The governments can be so selfish and selfcentered at times, as risky as gambling is, if they try to regulate it, possibly, there will be the demand for taxes, which means if gamblers lose, they lose for nothing sake, but if they gain, the governments can make it mandatory to pay 10% tax of their gain. Gambling is too risky for such in my opinion. There are many gambling sites that are better and that I can make use of without any taxes being paid. If this is the case, then I can make use of them. Of course, the government can do that because they have the power to force every business that does not follow their rule. Taking a 10% tax will not be a problem for the casino because I think that is not too big dependent on their profit. Yes, gambling is too risky, but I don't think that the gamblers will think about the risk. So when you can use the gambling site without being paid any taxes, that will be good for you. But I think the casino needs to help the government in the name of helping other people in this pandemic.
Every business should really paying off some tax yet this one is the major contributors when it comes to taxes and if government wont ask out such tax then there would be no further developments that can be seen
on a certain country.So as a business owner you wont really have any choice but to abide with the rules.This isnt just for the sake for this new covid problem solutions but also this is a typical way on
having a growth on certain country.This isnt limited to gambling business alone but in all sorts of business that do exist.
Big portion of profit of the casinos are coming from gamblers who just gamble for fun, and that would not affect the lifestyle of the gamblers as they are mostly responsible gambler, but it could help the economy to grow as government can restrict their people from gambling.
Casinos are obviously a good help to the economy of each country since it's one of the businesses where continuous profit is happening. Many people are wasting money to have fun and to be entertained, and our country will benefit from it in terms of taxes.
What I am trying to say is that people might take it negatively. They did not manage well the funds that should help the people from this calamities and now they are again adding up taxes to the people that even though they are gamblers, for them they might see that unfair. There are a lot of people that would take it like that, though I agree that casinos could really help. It is just kind of annoying how people wanted a perfect government while there can never be one.
You are saying about majority of people or just a few people who are always against the move of the government, because if that so, they will never appreciate the move of the government even if it will bring improvement to the economy, and I believe the government would not be stop with that as they will continue to work to provide the service to all people, whether haters or not.
Yeah, I hope that is the case. There are a lot of things happening in our country right now and I think they are so fed up or done taking those posts or comments seriously so they will just do what they are supposed to do. It is for the better of the people, and if the government will be doing it, it is also for the best of those haters.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Yes, the government will not stop just because people will make sure that their economy can run well. Maybe people need to support whatever the government does and wait and see what will happen later after the government applies it. If that can change better, then what we think is wrong because it is normal to have negative thinking before we know how good the result.
The governments can be so selfish and selfcentered at times, as risky as gambling is, if they try to regulate it, possibly, there will be the demand for taxes, which means if gamblers lose, they lose for nothing sake, but if they gain, the governments can make it mandatory to pay 10% tax of their gain. Gambling is too risky for such in my opinion. There are many gambling sites that are better and that I can make use of without any taxes being paid. If this is the case, then I can make use of them. Of course, the government can do that because they have the power to force every business that does not follow their rule. Taking a 10% tax will not be a problem for the casino because I think that is not too big dependent on their profit. Yes, gambling is too risky, but I don't think that the gamblers will think about the risk. So when you can use the gambling site without being paid any taxes, that will be good for you. But I think the casino needs to help the government in the name of helping other people in this pandemic.
Big portion of profit of the casinos are coming from gamblers who just gamble for fun, and that would not affect the lifestyle of the gamblers as they are mostly responsible gambler, but it could help the economy to grow as government can restrict their people from gambling.
Casinos are obviously a good help to the economy of each country since it's one of the businesses where continuous profit is happening. Many people are wasting money to have fun and to be entertained, and our country will benefit from it in terms of taxes.
What I am trying to say is that people might take it negatively. They did not manage well the funds that should help the people from this calamities and now they are again adding up taxes to the people that even though they are gamblers, for them they might see that unfair. There are a lot of people that would take it like that, though I agree that casinos could really help. It is just kind of annoying how people wanted a perfect government while there can never be one. 
Yes, the government will not stop just because people will make sure that their economy can run well. Maybe people need to support whatever the government does and wait and see what will happen later after the government applies it. If that can change better, then what we think is wrong because it is normal to have negative thinking before we know how good the result.
The governments can be so selfish and selfcentered at times, as risky as gambling is, if they try to regulate it, possibly, there will be the demand for taxes, which means if gamblers lose, they lose for nothing sake, but if they gain, the governments can make it mandatory to pay 10% tax of their gain. Gambling is too risky for such in my opinion. There are many gambling sites that are better and that I can make use of without any taxes being paid. If this is the case, then I can make use of them. hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Big portion of profit of the casinos are coming from gamblers who just gamble for fun, and that would not affect the lifestyle of the gamblers as they are mostly responsible gambler, but it could help the economy to grow as government can restrict their people from gambling.
Casinos are obviously a good help to the economy of each country since it's one of the businesses where continuous profit is happening. Many people are wasting money to have fun and to be entertained, and our country will benefit from it in terms of taxes.
What I am trying to say is that people might take it negatively. They did not manage well the funds that should help the people from this calamities and now they are again adding up taxes to the people that even though they are gamblers, for them they might see that unfair. There are a lot of people that would take it like that, though I agree that casinos could really help. It is just kind of annoying how people wanted a perfect government while there can never be one.
You are saying about majority of people or just a few people who are always against the move of the government, because if that so, they will never appreciate the move of the government even if it will bring improvement to the economy, and I believe the government would not be stop with that as they will continue to work to provide the service to all people, whether haters or not.
Yes, the government will not stop just because people will make sure that their economy can run well. Maybe people need to support whatever the government does and wait and see what will happen later after the government applies it. If that can change better, then what we think is wrong because it is normal to have negative thinking before we know how good the result.
Jump to: