Topic: Online Gambling could be used to pay for covid problems - page 3. (Read 81629 times)
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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.
People are on their homes because of the quarantine besides gaming, watching movies, gambling is a big attraction because they can win money here, there's never been a time where people are online most of the time, only on this pandemic and many new gambling sites are launching in trying to have a share of the big market, even if the pandemic is gone gambling sites will continue to have a steady flow of profit.
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.
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.
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.
People are on their homes because of the quarantine besides gaming, watching movies, gambling is a big attraction because they can win money here, there's never been a time where people are online most of the time, only on this pandemic and many new gambling sites are launching in trying to have a share of the big market, even if the pandemic is gone gambling sites will continue to have a steady flow of profit.
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.
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.
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.
Must be your government at fault, however, if we look closely, casinos really help a certain country to grow, it will attract tourist and they are willing to spend their money in gambling especially those who are really earning well as they don't care if they have spend a lot of money as long as they are entertain.
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 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.
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What do you think ?
Is this essential? Would it affect the online casinos?
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.
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What do you think ?
Is this essential? Would it affect the online casinos?
Online gambling is now very common and popular, the main thing is to choose a reliable service, because now there are also many fake casinos and scammers. That's why I use the reviews I read on CasinoTop. From the reviews I learn all the important information about the casino, its rates, bonuses and ratings. It is very useful and informative.
I don't think any user are interested on the casinos listed on the review website you have provided most of them are casinos that accepts fiat which more likely to ask KYC and I don't think some or all of them are accepting cryptocurrency or Bitcoin. 
1. People will have to actually pay up more indirectly for extra charges
2. No privacy
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What do you think ?
Is this essential? Would it affect the online casinos?
Definitely no one wants extra charges but if it increase no more then 1% it would affordable for most online gamblers, IMO. Privacy influence is the major concern here because protecting my privacy is the main reason why I use online fruit machine instead of going to nearby casinos. How heavily it might be effected?
snip..
I personally have no problem with paying gambling taxes, especially in this "PANDEMIC" period all countries really need money to improve their country's economy. The positive thing that I see from taxpayers regarding gambling is that gambling sites we are playing are more monitored and player funds are guaranteed safe because it is certain that user funds are protected by the government..That nakes sense but on the other hand to help the economy of exactly your country you should play in casino that is registered in your country, when it comes to online casinos. There are countries which don't have registered casinos in their web domain and I don't know if that could persuade the gamblers to chose just the casinos from their own country if they have different habbits.
To conclude as an idea it might sound good but I'm sure if really can be executed in reality.
it's a different situation since each country can have specific legislation.
likewise, in my country (Italy) gambling and more over sport gambling is already heavy taxed.
they can rise of course taxes, but there is any proposal or discussion about it in political agenda.
only slot games have some privilege about taxes and concessions but I think there is not really interest to tax it more even with Covid19 situation...
likewise, in my country (Italy) gambling and more over sport gambling is already heavy taxed.
they can rise of course taxes, but there is any proposal or discussion about it in political agenda.
only slot games have some privilege about taxes and concessions but I think there is not really interest to tax it more even with Covid19 situation...
It is good that online Casinos are regulated by the governments its one way to protect users and at the same time to monitor the flow of money coming in and out of the platform. Expecting regulators to tighten online platforms due to new normal and tax implementation to online businesses is inevitable.
Regulations are important to protect the users but they could use this to take advantage on milking money from the online casinos. This would affect not only the casino but the users also since they will charge the expenses to the users. The Government should also offer protection not only to users but also to the casino. It should be a win win situation for all
Regulations are really important especially in these kinds of establishments.
Taxes, on the other hand, is for the better of the country although the government hands them sometimes to people that would want the money for themselves and not spend that on the projects or plans where they needed to be used. We can't just say that the government wanted to take advantage since there are some owners that also trick the government into not paying the right amount of taxes.
I don't know if it has been shared or not , but Europe is considering to tighten the laws of Gambling especially the online ones. They want to **regulate** it , which actually means that they want these online gambling casinos to pay up the government somehow.
https://www.euroweeklynews.com/2020/10/22/will-european-countries-regulate-online-gambling-to-pay-for-covid-19/
We already have laws regarding these casinos but I do believe for the government it is not enough.
Pros:
1. Can help regulate the spam casinos
2. People will have security
3. They will be protected by the laws
Cons:
1. People will have to actually pay up more indirectly for extra charges
2. No privacy
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What do you think ?
Is this essential? Would it affect the online casinos?
https://www.euroweeklynews.com/2020/10/22/will-european-countries-regulate-online-gambling-to-pay-for-covid-19/
We already have laws regarding these casinos but I do believe for the government it is not enough.
Pros:
1. Can help regulate the spam casinos
2. People will have security
3. They will be protected by the laws
Cons:
1. People will have to actually pay up more indirectly for extra charges
2. No privacy
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What do you think ?
Is this essential? Would it affect the online casinos?
If some of the Casinos will participate in this program, I think the players or gamblers will not agree on this. Why did I say that?
it surely because that gambling platform will require their players to submit KYC for sure, even it is not necessary for the program due to that we are here as an anonymous gambler individuals anyway.
I don't think that taxing online gambling will solve all the problems with financing covid problems. first of all there is a need to cut payments to officials and that move will save a lot of money.
But it's a good step. Do you really think by taxing online gambling, it will contribute big to financing Covid problems? Of course no. But the tax that will come here is a big help.
Every opportunity should be considered and that's what the government is doing.
Exactly what i was saying,this is what should be the movement now to sustain the needs of each victims.At least they are doing something as the gambling industry didn't actually hit hard during the pandemic.
Gambling industry Bloom this pandemic,Not the Live casinos but the online. What do you think ?
If they are really out of funds for covid then so be it. But some countries have tons of funds and the government says they have no money anymore. Corrupt officials are getting richer and richer because of this pandemic while covid cases in their country are continuously growing.
Is this essential?
No
Would it affect the online casinos?
Yes, if they need to pay a lot to the government then they will increase what they ask for their customers so people would only suffer more.
What comes to my mind immediately if it was regulated for sure it would require to conduct a KYC which would violated on what most of us like which is Anonymity but we can't blame the government since I think they're just doing this to have some extra source of fund to sustain their economy due to this pandemic.
They don't need to impose KYC for that, with the blockchain governements could easily monitor the funds comitted on the platforms and tax themBut the thing is The government is trying to make a digital platform to actually locate anyone who is going to use funds by making KYC mandatory on all the platfroms at the same time making KYC mandatory for all the bank accounts owned by an individual. They are trying to not only check for illegal activities but also see any tax frauds.
Wallets , sites , bank accounts , all of them needs KYC !! If they would go to such lengths to impose the KYC on online gambling , no one would actually use it for sure since privacy is a big factor and they have to at least give some thought for the same. It would decrease the number of people interested in the online gambling so decrease their revenues. So I don't think they will do , they can do for sure but they won't kill their own taxes.
I don't think that taxing online gambling will solve all the problems with financing covid problems. first of all there is a need to cut payments to officials and that move will save a lot of money.
But it's a good step. Do you really think by taxing online gambling, it will contribute big to financing Covid problems? Of course no. But the tax that will come here is a big help.
Every opportunity should be considered and that's what the government is doing.
At least they are doing something as the gambling industry didn't actually hit hard during the pandemic.
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