Online Gambling could be used to pay for covid problems - page 5.

semobo

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Quote from: carter34 on October 29, 2020, 12:57:26 PM

Quote from: semobo on October 29, 2020, 11:51:20 AM

Paying taxes isn't actually a con for a gambler because we are supposed to pay taxes for everything in this world so I don't think regulating online casinos is an unfair decision. At least the government is taking necessary actions to eliminate the face casinos running in their origin but in online gambling, the business owner can choose a place where the tax is really less and establish their origin there so it's a win-win for both sides.

I think government coming into it to regulate it will give more confidence and security but I know there are some casinos that won't be regulated and those unregulated casinos won't have much patronage because some gamblers might be scared to play or gamble in such platform of casino.

Most gamblers don't have knowledge about the license of a gambling platform which they were used to play normally so it is not going to affect the activity of a player unless government identifies each of the unregulated casinos and blacklist them on their country.

carter34

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Quote from: semobo on October 29, 2020, 11:51:20 AM

Paying taxes isn't actually a con for a gambler because we are supposed to pay taxes for everything in this world so I don't think regulating online casinos is an unfair decision. At least the government is taking necessary actions to eliminate the face casinos running in their origin but in online gambling, the business owner can choose a place where the tax is really less and establish their origin there so it's a win-win for both sides.

I think government coming into it to regulate it will give more confidence and security but I know there are some casinos that won't be regulated and those unregulated casinos won't have much patronage because some gamblers might be scared to play or gamble in such platform of casino.

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Quote from: fiulpro on October 23, 2020, 12:21:21 PM

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.

If a gambling casinos wants to operate legally they have no choice but to accept whatever government imposed on them, if they want more taxes, there is no option for gambling sites but to comply, as long as they can build their reputation on the license that the authorities have granted, they will comply.

There are gamblers who wants to play on a licensed casinos and they can freely promote their platform because they are legal.

wxa7115

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Quote from: Becky666 on October 25, 2020, 12:18:59 PM

The havoc the pandemic caused our various government could be the reason behind this move from country like the UK among others, this is essential as they find it difficult to sustain their revenue generation. For any government to continue with their activities financially, it is imperative for them to look beyond the traditional scope, this might be reason they tends to shift towards online gambling for revenue generation which call for urgent regulation. The benefits we will get from this act will be more positive than negative IMO. Scammers wont be easily found among the online gambling platforms becasue of government regulations which will protect the right of the players.

Personally I do not see it that way, there are laws that are regulatory, those kind of laws are intended to as the name implies to regulate the behaviour of people or businesses and establish the penalties for those that do not comply, however in this particular case the laws will be passed just to get more taxes, which means that they do not care at all about the day to day activities of those online casinos, they only care about the taxes they can get out of them.

This means the laws they plan to pass will have no effect on the number of scammers we see or that get prosecuted for their actions and taking that into consideration I do not see how this will help anyone that likes to gamble online.

semobo

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Paying taxes isn't actually a con for a gambler because we are supposed to pay taxes for everything in this world so I don't think regulating online casinos is an unfair decision. At least the government is taking necessary actions to eliminate the face casinos running in their origin but in online gambling, the business owner can choose a place where the tax is really less and establish their origin there so it's a win-win for both sides.

k@suy

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Quote from: aioc on October 28, 2020, 11:17:20 PM

Quote from: bitbunnny on October 28, 2020, 04:43:54 PM

In most European countries gambling is already regulated. As far as I know gambling industry isn't excluded from the financial package that should help economy to recover from the pandemic consequences and to my opinion that is advantage of EU compared to some other countries.

Gambling casinos cannot be excluded only the online casinos, because they rely on walk in gamblers and because of the pandemic no players will and can come in, depending on the number of and state of the Covid situation in a country it will take time before they can recover, only online gambling casinos are making profit, this should not be included in the recovery package, in fact some countries are taxing them more.

Here in my country, although there are still a lot of covid 19 cases, the government already lessen their restrictions and opens the economy again to slowly recover what the country and the citizens have lost during the month long community quarantine. Even the casinos here are now open to accept customers that's why the gamblers are now happy because they can play again after a few months of staying inside their houses.

aioc

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Quote from: bitbunnny on October 28, 2020, 04:43:54 PM

In most European countries gambling is already regulated. As far as I know gambling industry isn't excluded from the financial package that should help economy to recover from the pandemic consequences and to my opinion that is advantage of EU compared to some other countries.

Gambling casinos cannot be excluded only the online casinos, because they rely on walk in gamblers and because of the pandemic no players will and can come in, depending on the number of and state of the Covid situation in a country it will take time before they can recover, only online gambling casinos are making profit, this should not be included in the recovery package, in fact some countries are taxing them more.

Janation

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Quote from: ronaldo40 on October 28, 2020, 04:00:26 AM

for me i don't see anything wrong to it, let's just look at the situation we currently have and by regulating the online casinos it would help the government some extra financial support for the covid problems it might be an issue to some about the kyc however believe it or not we could benefit from it.

Not all of us though.

Not all of us would benefit from that KYC. For example those people that are using that certain gambling site whose not a citizen of that certain country which that site is regulated. That gambler will recieve no benefits at all, all they can receive is losses and wins they can still recieve in the past. All that changes is that they send their personal information.

bitbunnny

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Quote from: verita1 on October 28, 2020, 03:43:56 AM

I see positive the measures that the countries of Europe will take to regulate online gambling because this will guarantee that people do not lose their jobs due to the Covid19 pandemic now that Europe is experiencing the second wave of infections.
The advertising of gambling sites could be affected those that sponsor sports teams as an example as mentioned in the article.
But the legislation will take time, it only remains to know how the law on the regularization of online gambling will evolve and the repercussions that it will bring.

In most European countries gambling is already regulated. As far as I know gambling industry isn't excluded from the financial package that should help economy to recover from the pandemic consequences and to my opinion that is advantage of EU compared to some other countries.

goldade

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For gamblers, this is totally uncalled for but then one can't really blame the government. They've been hit hard by the pandemic having to set up isolation centers patients of the virus and relief centers for other citizens and one should note that it is also at this time that several offline businesses had to close down which means the government wasn't really get money from them in form of taxes and then a new source had to be looked for. Placing those regulations on online gambling is actually a way to rake in revenues for the government.
However, coming from the point of view of a gambler, it's totally uncalled for and should be scraped. It means I'll have to be charged unnecessarily, I'll probably have to pay higher withdrawal fee and this is not good for me.

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Quote from: MWesterweele on October 28, 2020, 07:25:14 AM

Quote from: bitzizzix on October 28, 2020, 05:39:23 AM

During the pandemic, many people took advantage of online gambling as income without having to leave the house and on the other hand the government needed additional fees for handling Covid-19, which until now has not been completely resolved.
In my opinion there is no problem in this way and there are additional costs for handling Covid-19, and it must be resolved immediately in any way for the safety of the community and I agree.

Its because online gambling were the only available site for gambling since the pandemic crises rises. We havo no choice but to dealt with online application to be able to prevent us from virus infection. Even so paying bitcoin or even gambling uses for some needs because of this pandemic was not also impossible. But it was possibly be happen to the countries where bitcoin or digital currency were implemented legally.

Yes, during this pandemic gamblers don't have any other option, they needed to comply using this platform in order to do their gambling activities.

Government seen that this line of business still continuing and surviving even the pandemic is really hurting the economy of every countries.

Now, if they implement additional tax for this business it will stay and continue to facilitate
as they can take it from every gamblers pocket knowing that most of the time house always win.

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Quote from: proTECH77 on October 28, 2020, 10:16:28 AM

During the time of pandemic the population of online gambler was much because many people loss their job during the pandemic while some find it difficult to feed their family. Even the online gambling was no longer favouring gambler as usual because of the population.
Many players are returning back to their team why some are still isolation center receiving treatment of covid-19 which the government has provided for every affected of corona virus to be treated free. Most of the players who has recovered from covid-19 will the their team proud of them today because they are the Pilar of team.since they have been isolated it hard their team to win five match they have play.

Many company stop working for many people and they lost job, so not have choose looking for money and try gambling site for their income, how ever if have any site of gambling wanna donate their money to help covid 19 why not, I thin government will be applause and accept the money from gambling site, they don't care where are the money come from and keep needed much money how to fight with covid 19 and bring normal condition back. Need billion USD how to help many hospital and medical to get stock for covid 19 victim and help them to be healthy back.

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During the time of pandemic the population of online gambler was much because many people loss their job during the pandemic while some find it difficult to feed their family. Even the online gambling was no longer favouring gambler as usual because of the population.
Many players are returning back to their team why some are still isolation center receiving treatment of covid-19 which the government has provided for every affected of corona virus to be treated free. Most of the players who has recovered from covid-19 will the their team proud of them today because they are the Pilar of team.since they have been isolated it hard their team to win five match they have play.

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Quote from: MWesterweele on October 28, 2020, 07:25:14 AM

Quote from: bitzizzix on October 28, 2020, 05:39:23 AM

During the pandemic, many people took advantage of online gambling as income without having to leave the house and on the other hand the government needed additional fees for handling Covid-19, which until now has not been completely resolved.
In my opinion there is no problem in this way and there are additional costs for handling Covid-19, and it must be resolved immediately in any way for the safety of the community and I agree.

Its because online gambling were the only available site for gambling since the pandemic crises rises. We havo no choice but to dealt with online application to be able to prevent us from virus infection. Even so paying bitcoin or even gambling uses for some needs because of this pandemic was not also impossible. But it was possibly be happen to the countries where bitcoin or digital currency were implemented legally.

Many tried their luck but not all receive a profit since majority lose due to over expecting about they can make it as an alternative to get a profit or possible a passive income for living. But actually we have so many choice if we really want to earn during pandemic, but there are people who choose to go on wrong ways that's why instead they earn they lose more than they expect.

MWesterweele

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Quote from: bitzizzix on October 28, 2020, 05:39:23 AM

During the pandemic, many people took advantage of online gambling as income without having to leave the house and on the other hand the government needed additional fees for handling Covid-19, which until now has not been completely resolved.
In my opinion there is no problem in this way and there are additional costs for handling Covid-19, and it must be resolved immediately in any way for the safety of the community and I agree.

Its because online gambling were the only available site for gambling since the pandemic crises rises. We havo no choice but to dealt with online application to be able to prevent us from virus infection. Even so paying bitcoin or even gambling uses for some needs because of this pandemic was not also impossible. But it was possibly be happen to the countries where bitcoin or digital currency were implemented legally.

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Quote from: bitzizzix on October 28, 2020, 05:39:23 AM

During the pandemic, many people took advantage of online gambling as income without having to leave the house and on the other hand the government needed additional fees for handling Covid-19, which until now has not been completely resolved.
In my opinion there is no problem in this way and there are additional costs for handling Covid-19, and it must be resolved immediately in any way for the safety of the community and I agree.

I think the suggested way to get the additional income that can be used to pay for Covid-19 is not the only reason for the government to regulate online gambling. Another motive is to suppress the growth of gambling addiction caused by the increasing number of gamblers due to the pandemic situation.

Some people who have lost their wages due to corona will see gambling as an opportunity to earn instant money. If this situation cannot be controlled by the government, then the number of unemployed and problem gamblers will increase rapidly.

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Quote from: ronaldo40 on October 28, 2020, 04:00:26 AM

for me i don't see anything wrong to it, let's just look at the situation we currently have and by regulating the online casinos it would help the government some extra financial support for the covid problems it might be an issue to some about the kyc however believe it or not we could benefit from it.

And besides Casinos are really gaining too much (those who runs legit and confident over the years) so taking small amount wont affect their business in bad shape.
i will support such kind of action instead of taxing other areas in which much affected of the pandemic.

Quote from: bitzizzix on October 28, 2020, 05:39:23 AM

During the pandemic, many people took advantage of online gambling as income without having to leave the house and on the other hand the government needed additional fees for handling Covid-19, which until now has not been completely resolved.
In my opinion there is no problem in this way and there are additional costs for handling Covid-19, and it must be resolved immediately in any way for the safety of the community and I agree.

They gamble online but took advantage?nope because for sure what they got is losing from having too much time playing compared when they are still going out to work.

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Quote from: Reatim on October 28, 2020, 04:09:58 AM

One good step from the Government to find ways in supporting their people specially Europe in which being affected badly of this pandemic.

I'm sure for the sake of Humanities the gambling operator will comply in good faith here and will help people in need.
as they are bagging money for years now and this taxation won't hurt their businesses.

each case is unique but I think it'll probably be hard for online casinos to comply with that.
they could simply change companies for another country and operate worldwide without having to pay taxes (not impossible to set up an online company for that).

I'm not judging the ethics about it.

But it's also worth to consider that depending on the country the government is really inefficient in making the money reach the projects it should reach

shoreno

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Quote from: bitzizzix on October 28, 2020, 05:39:23 AM

During the pandemic, many people took advantage of online gambling as income without having to leave the house and on the other hand the government needed additional fees for handling Covid-19, which until now has not been completely resolved.
In my opinion there is no problem in this way and there are additional costs for handling Covid-19, and it must be resolved immediately in any way for the safety of the community and I agree.

government already done huge help for the covid victims and covid are now getting stablelize ,there is no need to rush and there is no extra cost because all help are already handed out of have done .

what they are going to need to do now is preparing and collecting funds for the recovery of the governments or to the recovery of the economy . not just the government but we people also have a problem mostly financial and by engaging on online gambling we can be able to earn some funds to it if we are lucky .

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During the pandemic, many people took advantage of online gambling as income without having to leave the house and on the other hand the government needed additional fees for handling Covid-19, which until now has not been completely resolved.
In my opinion there is no problem in this way and there are additional costs for handling Covid-19, and it must be resolved immediately in any way for the safety of the community and I agree.

Topic: Online Gambling could be used to pay for covid problems - page 5. (Read 81555 times)