Topic: Online Gambling could be used to pay for covid problems - page 7. (Read 81629 times)
If they want to imposed more laws and they want to regulate and want to impose taxes because they want more revenues to sustain the government need in this pandemic, the gambling operators cannot do anything about it, they can ask for a more lighter measure and taxation but in the end what the government wants they always get it, government are now looking on online gambling to tax because they have seen their revenue.
gambling companies donate in the form of tax to the governments and the governments are going to help people that are affected witht the covid ? that sounds nice and i wouldnt mind the excess fee if i know that i can help but how can i know that my money will go to the right people ?
they expose our privacy by regulating us , we should also do the same to them . this is why many are wanting to implement the blockchain use in the government field .
using blockchain can give us transparency but they are still anonymous at the same time ?
Paying taxes is different from donating. Of course, those tax money came from different businesses will be provided for the betterment of the country especially right now where we experience COVID-19. Online and physical gambling platforms are already earning a lot of money, they should've started donations like freebitco.in where they are donating 20% of the house edge. That's what I mean about tax is different in donations, gambling platforms are already taking advantage of the popularity to earn more since many people are using online due to pandemic. they expose our privacy by regulating us , we should also do the same to them . this is why many are wanting to implement the blockchain use in the government field .
using blockchain can give us transparency but they are still anonymous at the same time ?
gambling companies donate in the form of tax to the governments and the governments are going to help people that are affected witht the covid ? that sounds nice and i wouldnt mind the excess fee if i know that i can help but how can i know that my money will go to the right people ?
they expose our privacy by regulating us , we should also do the same to them . this is why many are wanting to implement the blockchain use in the government field .
using blockchain can give us transparency but they are still anonymous at the same time ?
they expose our privacy by regulating us , we should also do the same to them . this is why many are wanting to implement the blockchain use in the government field .
using blockchain can give us transparency but they are still anonymous at the same time ?
No doubt that government will allow the operation of online gambling if and even if they can collect the taxes from it. The mere fact that were in the pandemic situation today where in some other countries no one allowed to go outside that's why online gambling will be the one option for each gambler to be able to continue playing and betting. And nothing is impossible if ever online gambling could be used as pay for covid problems but one thing for sure the taxes may be higher than before.
gambling companies donate in the form of tax to the governments and the governments are going to help people that are affected witht the covid ? that sounds nice and i wouldnt mind the excess fee if i know that i can help but how can i know that my money will go to the right people ?
they expose our privacy by regulating us , we should also do the same to them . this is why many are wanting to implement the blockchain use in the government field .
using blockchain can give us transparency but they are still anonymous at the same time ?
they expose our privacy by regulating us , we should also do the same to them . this is why many are wanting to implement the blockchain use in the government field .
using blockchain can give us transparency but they are still anonymous at the same time ?
Well for those gambling operator that has a Good heart will surely love this idea and support the governments plan.
But of course we can only count in fingers those who has good heart because almost all operators are here to profit and not to spend more than what is the normal taxation.
But of course we can only count in fingers those who has good heart because almost all operators are here to profit and not to spend more than what is the normal taxation.
For my country it is impossible to impose taxes on online gambling, because my country does prohibit gambling activities.
So only countries that do allow gambling can get taxes from online gambling. But for countries that can indeed impose taxes
on online gambling, I think it's natural for them to do that. Because the government definitely needs income in a pandemic
situation like now.
Good for your country that has prohibiting gambling so the government will find other way to impose high taxation and gambling is not part of those. So only countries that do allow gambling can get taxes from online gambling. But for countries that can indeed impose taxes
on online gambling, I think it's natural for them to do that. Because the government definitely needs income in a pandemic
situation like now.
Gambling is getting popular day by day and every day new people are going to involve with it. Online gambling is also being popular accordingly. In the current situation, people can use it at home without going outside. So it can be a big source of money for the government if they strict the rules and regulations. Almost every country is going to enroll tax in the online marketplace and gambling sites so that they can get funds from them. This is all about my thinking regarding online gambling in this situation.
This has been tried before and it is not very practical. Most of these online gambling sites are registered in small island nations such as Dominica or the Cayman Islands. There is hardly anything that the European Union can do about them. They will avoid paying taxes to the EU, even if a majority of the revenue originates from there. Banning these sites is of no use. In no time they will clone the site and restart the operations.
What do you think ?
Is this essential? Would it affect the online casinos?
But I can also feel how it affects to the fees that every gambler has to pay for every transaction. Probably there is an increase and that it is not favorable to gambler sides which likely they/we don't want it to happen.
I don't know why if many people choose to play gambling at this situation. Gambling is not a place to earn money especially for those who play, this is a place to spend money. I do believe that there will be a gambler who just leave the gambling environment due to they didn' have money to play, unless they are gambling addict who can't leave their habbit. And of course for the government, why they have a plan to earn money from the gambling environment, that is really shame for them. They should look another sector which can really encourage economic growth in pandemic situations.
I think they lack entertainment because of this pandemic, and they need to relax by playing gambling as usual. Besides a lack of entertainment, they are usually playing gambling to try to make money. And in these situations, they need money, so they still playing gambling, hoping that they can make money from gambling. I am sure that not many gamblers are still playing gambling in these situations, and many of them are saving their money to buy their daily needs.
then its better to save and instead of gambling then better to secure those funds out for your living rather than on risking it to gambling.
Dumb we do say but there were people who do really make out such steps just because they do believe that they might able to earn more money if they decide to gamble
which is suicide.Some do risk their last savings and do hope that making money will be next but majority of them are indeed playing with fire.
In result when you do loss? You'll suffer on the consequences that needs to pay off.
For my country it is impossible to impose taxes on online gambling, because my country does prohibit gambling activities.
same as my country. our government doesn't legalize gambling so there is no reason for them to tax gambling.So only countries that do allow gambling can get taxes from online gambling. But for countries that can indeed impose taxes
on online gambling, I think it's natural for them to do that. Because the government definitely needs income in a pandemic
situation like now.
countries that legalize gambling, of course, must not pass taxes on to gambling players, that is a must and reciprocal to the state. especially in a pandemic like this time. on online gambling, I think it's natural for them to do that. Because the government definitely needs income in a pandemic
situation like now.
My top priority on online gambling especially on cryptocurrency-based gambling is privacy. I have previously gambled online using fiat and it was quite annoying as I had to have a dedicated bank account for this due to privacy and security. I will never use my main bank account on gambling sites many of which have been blocked by my country's government. The cryptocurrency gambling option is privacy and if the government wants to regulate it for the sake of finance, and for the good of gamblers then I don't think the government needs to ask for gambler data like KYC.
I can still agree if they want to increase the safety and comfort of gambler on the site and be regulated by law. But I don't like the consequences that gambler might receive such as having to pay more like taxes and also privacy. If they want, then the site can still pay them (if it's already licensed).
I can still agree if they want to increase the safety and comfort of gambler on the site and be regulated by law. But I don't like the consequences that gambler might receive such as having to pay more like taxes and also privacy. If they want, then the site can still pay them (if it's already licensed).
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.
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
`````````````````````````````````````````
What do you think ?
Is this essential? Would it affect the online casinos?
Governments are trying all what they can in order to try to get their hands in some more money but I think we are reaching the limits of what big governments can do, if instead of trying to get more money just to sustain themselves they actually tried to become smaller so the government was a lesser burden to all their citizens then they could resolve this issue quite quickly, but that never crossed their minds as if they want to regulate all the actions of their citizens they need more people, more money and more technology.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
`````````````````````````````````````````
What do you think ?
Is this essential? Would it affect the online casinos?
So to me this argument that they are doing all of this just so they can pay for the pandemic is nothing more but a smokescreen I am never going to believe.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I don't know why if many people choose to play gambling at this situation. Gambling is not a place to earn money especially for those who play, this is a place to spend money. I do believe that there will be a gambler who just leave the gambling environment due to they didn' have money to play, unless they are gambling addict who can't leave their habbit. And of course for the government, why they have a plan to earn money from the gambling environment, that is really shame for them. They should look another sector which can really encourage economic growth in pandemic situations.
I think they lack entertainment because of this pandemic, and they need to relax by playing gambling as usual. Besides a lack of entertainment, they are usually playing gambling to try to make money. And in these situations, they need money, so they still playing gambling, hoping that they can make money from gambling. I am sure that not many gamblers are still playing gambling in these situations, and many of them are saving their money to buy their daily needs.
I don't know why if many people choose to play gambling at this situation. Gambling is not a place to earn money especially for those who play, this is a place to spend money. I do believe that there will be a gambler who just leave the gambling environment due to they didn' have money to play, unless they are gambling addict who can't leave their habbit. And of course for the government, why they have a plan to earn money from the gambling environment, that is really shame for them. They should look another sector which can really encourage economic growth in pandemic situations.
The sad thing is no matter how much we disagree with the government in regards to taxes, they will still do any means necessary because they are the biggest corporations in the nation, veiled by the pretense of running the country.
You hit it, we never can say no, we can lobby but in the end it is for them to decide who or what to tax and how many percentage, the gambling alcoholic beverages and cigar in our country is the most taxed, we even have a sin tax for these industry and products, this is according to them is to discourage people from buying and patronizing, but they cannot stop people they will still gamble and buy these products.
Government got that privilege so whatever opinions we have from this concern it not use to decide but them, what we can do is to follow and to hope that they won't do something that will hit hard.
Gambling activities always been there, with government eyeing for additional resources since the pandemic affects the economy surely this venue will not be exempt but one of the best fitted place.
The sad thing is no matter how much we disagree with the government in regards to taxes, they will still do any means necessary because they are the biggest corporations in the nation, veiled by the pretense of running the country.
You hit it, we never can say no, we can lobby but in the end it is for them to decide who or what to tax and how many percentage, the gambling alcoholic beverages and cigar in our country is the most taxed, we even have a sin tax for these industry and products, this is according to them is to discourage people from buying and patronizing, but they cannot stop people they will still gamble and buy these products.
For my country it is impossible to impose taxes on online gambling, because my country does prohibit gambling activities.
So only countries that do allow gambling can get taxes from online gambling. But for countries that can indeed impose taxes
on online gambling, I think it's natural for them to do that. Because the government definitely needs income in a pandemic
situation like now.
So only countries that do allow gambling can get taxes from online gambling. But for countries that can indeed impose taxes
on online gambling, I think it's natural for them to do that. Because the government definitely needs income in a pandemic
situation like now.
Perhaps, online gambling will be the key to implement it especially if the online gambling platform was registered to a country with strong regulation, it is quite sure that there will always be a transaction fee tax that will be for the government. I just wonder why most of the gambling site as of today is registered in the country of Curacao. The biggest possibility is that these gambling casinos aim to be registered to this country to escape taxes or perhaps, pay a small amount of tax for them to acquire relatively higher income than other casinos.
Though there are other available casinos, it is up to us to play for a cause, not just to gamble and test our luck.
For my country it is impossible to impose taxes on online gambling, because my country does prohibit gambling activities.
So only countries that do allow gambling can get taxes from online gambling. But for countries that can indeed impose taxes
on online gambling, I think it's natural for them to do that. Because the government definitely needs income in a pandemic
situation like now.
So only countries that do allow gambling can get taxes from online gambling. But for countries that can indeed impose taxes
on online gambling, I think it's natural for them to do that. Because the government definitely needs income in a pandemic
situation like now.
actually they may created a illegal gambling site as extension if the taxes will be as high that they cannot expected.
Illegal? There's no reason to have the other one licensed if they will have an extension which is illegal, being a legal casino, they know the risk and how big the penalty that they will pay, actually it's better to just choose one, either you want to run a legal or illegal casino.That's to risky they will get their licensed revoked if authorities found out that they are also operating illegal gambling casinos, they should go for regulated or get into a compromised that will protect their platform and at the same time protect their clients, the most important here are their clients, this is the best time for gambling casinos to help their country from the taxes they are going to pay.
Jump to: