Topic: Online Gambling could be used to pay for covid problems - page 8. (Read 81629 times)

actually they may created a illegal gambling site as extension if the taxes will be as high that they cannot expected.

actually they may created a illegal gambling site as extension if the taxes will be as high that they cannot expected.

If we're going to think that it's for a good cause then the answer is Yes, it is essential.

Casinos pays a huge tax to the Government no matter how big or small their bankroll is, that's why if your online gambling site are not making that huge of a bankroll, it's better to shut it down or you'll be arrested by the police. Because if you insisted to regulate your online gambling business by the Government, then you'll be losing your profits and it'll all go to the tax you're going to pay.

The ones that's gonna remain are those big time online gambling sites in Europe. Surely it'll help their country and citizens if their Government will not steal the money (fingers crossed)

I don't think this is justifiable, at least not in the case of pandemic! The same governments created the entire mess with their actions (locking down, forcing people to stay home...) and now they wish to make money on someone else's back?!
Maybe I live in fucked-up country where I developed my distrust to any kind of government, and I know that tax money is not going back to the people and developing of the country, it goes straight in the pockets of powerful! Just to be clear about one thing, I am not against the tax if it's used in the right way, but if the tax is the robbery than I can't support that!

It will not affect the online casino since they only need to pay for the taxes. Their profit will be affected by it and I think that the taxes that an online casino tax should be given to those who are poor. In that way, the casino and gamblers can help those people who are in need of help.

Their are pros and cons on this subject if you are living in a country that needs additional revenue and you see that the site you're playing can contribute and the government wants to impose additional taxes I can understand that, I'm living in a country where we badly need more source of revenues I can do away with KYC as long as my government can protect me from getting scam and mediate on issues where I'm playing, but not all gamblers will agree with my opinion..

Their are pros and cons on this subject if you are living in a country that needs additional revenue and you see that the site you're playing can contribute and the government wants to impose additional taxes I can understand that, I'm living in a country where we badly need more source of revenues I can do away with KYC as long as my government can protect me from getting scam and mediate on issues where I'm playing, but not all gamblers will agree with my opinion..

This was in large part due to the fact that my state is broke. It will and has certainly gained valuable revenue and tax dollars for the state as well as helped cut down on people going to scam casinos online.

They can certainly use my state as a case study.

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What do you think ?
Is this essential? Would it affect the online casinos?
 

Just ironic though, governments are blaming gambling because they said that it is harmful specially if someone becomes an addict.

I think there are still many offline and online gambling places that don't provide tax properly and correctly because the government is still difficult to collect taxes at gambling places, because not everyone can get a lot of wins and what will happen if the gambler loses a very large amount much do they have to pay taxes because usually when companies are asked for taxes they will give additional taxes to their customers, because I am sure the owners of gambling places do not want to lose because of taxes.

If online gambling starts to regulate by the government, so they could have funds to support their COVID problem is an excellent idea because hospitals will not worry about treating their COVID patients. But not for everybody, especially for online gamblers, because it might increase its fees. There are chances for players to limit themselves from playing because they need to save money not to pay expensive fees.

Of course, imposing taxes on online casinos is very important for the government, especially in a situation like now where the country
needs a lot of income. And through the online casino the government can get quite a lot of money, considering that the circulation of
money in the online casino is very large. But for gamblers this is a threat to their privacy, because there is a possibility that online casinos
will eventually impose KYC.

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.

What do you think ?
Is this essential? Would it affect the online casinos?
 

There is some logic behind it and despite the fact that I have been in touch with b2b service providers and was working in online casinos, I have to say that it's not really a bad idea. During pandemic and lockdowns, there was an enormous rise in traffic. It was great for business but it was an indicator that people were spending too much money on casinos. I think most of them wouldn't be very rich, so money was very necessary during this lockdown because you are in stuck, no work and no income. Yeah, people may need entertainment but at the same time we have to consider reality and it's that people can't have much control over themselves when it comes to gambling. For this, we started an active campaign for responsible gambling and I think we played our role in it to inform players and help them to spend less money.

But limitations that Germany sets is very tough, we need moderate control, we shouldn't kill this segment and have to consider that a lot of people work there too and they have their families, they need money.
Another deal to my mind can be if governments increase taxes for a while and use those funds to help people who really need during this covid. I know it sounds like a terrible idea but I believe it's not that bad for a limited time. Here it will be like: Money from those who have a lot goes to those who don't have and need it.