Own casino in your country? - page 3.

JC btc

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Quote from: changcloy on April 07, 2018, 08:12:45 AM

Quote from: CoinSkipper on February 13, 2016, 11:47:05 AM

Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

In my country Casino is legal it is like a big gambling house,most of the players in there are rich or known people that is why when you are inside in casino it is not allowed to take pictures for the privacy of the players playing in there.

Here in our country I don't know if I should be proud that we do have lots of casinos here actually, but that is not should be proud of, we should not live in a place full of gambling house, it is sad to think that casinos are built with great materials and lights and so on compare to the churches.

changcloy

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Quote from: CoinSkipper on February 13, 2016, 11:47:05 AM

Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

In my country Casino is legal it is like a big gambling house,most of the players in there are rich or known people that is why when you are inside in casino it is not allowed to take pictures for the privacy of the players playing in there.

Wong Kalong

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Quote from: CoinSkipper on February 13, 2016, 11:47:05 AM

Hi,
I'm from Poland and in my country it's illegal. Could you tell me how it looks in your countries? What's with taxes?

It is very clear that gambling in my country is strictly prohibited. Whatever the form of gambling must be very prohibited and if violated it will certainly be subject to a great penalty. But even so, there are still many people who play Gambling in secret and even open.

MCVXYZ

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Quote from: mrcash02 on April 02, 2018, 11:26:48 AM

Quote from: MCVXYZ on April 01, 2018, 12:57:32 PM

Quote from: mrcash02 on April 01, 2018, 12:40:33 PM

Quote from: MCVXYZ on April 01, 2018, 11:22:34 AM

Quote from: CoinSkipper on February 13, 2016, 11:47:05 AM

Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

It depends on territorial and subjective jurisdictio,I mean that In my country this issue is regulated differently in different cities,For example In order to create casino in capital city you are obliged to buy gambling licence which costs 5 or as i remember correctly 4 million $,But If you want to create this business in another city licence costs very less than its in capital city.So its very complex issue and very different in different countries and cities which takes a lot of financial resources and time.

At least it's allowed in your country. Casino owners make a lot of profit and the expensive taxes they have to pay are useful for the cities development (if there isn't corruption, of course). Capital cities are usually more wealthy and have more activity than in country cities, it means more profit, but more taxes as well. In the end it's still profitable for casino owners.

It's worse when the country totally bans gambling, they don't see its potential, like in my country.
The only institutions that have the right to organize gambling - bingo games are the churches and other institutions that are collecting donations/money, and they don't need to pay any tax. People laudering money uses this method, donating to avoid taxes.

But more importantly when the country totally bans gambling,Businessmen and gamblers will do the same bypassing the law.Today we have many historical evidences about this process and I don't understand why countries act like that,May they think that it will be better for people but I think its not a solution,because they can even make strict regulations and limitations for gamblers who cann't give up..Anyway its a very complex issue and needs distinctive and different approach.

Yes, there are many illegal casinos operating in countries where gambling is forbidden. I think it's worse for countries this way, as they have a kind of business operating in the shadows, while it could be operating legally and generating tax income and turistic attraction for visitants from different places. Gambling is part of human culture since the earliest periods of its story, it's a mistake to try separating the man from this activity.

Half agree with you but I don't understand why gambling is a part of human culture,For me culture is a very different thing from this which contains a lot of details of our ancestors,even moral sign...What about issues about restrictions of course,Goverments are obliged to use relatively legitimate and equitable approaches,because everyone has his own responsibility and all of them are free,Their choice-their risk,there is no doubt.In additional,Of course its a good example of importing 'new money from another country,because as we know when foreigner uses service in another X country it means import...

izanagi narukami

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Quote from: Hammond ltd on April 05, 2018, 07:03:14 AM

I don't see the point of restricting casino. People must must be responsible towards things which are connected with risk, but there's no need to resctrict it - each should take his own responsibility

My country decide to ban gambling because it's against the law and religion especially most of my people are Muslim.
For bitcoin, the case is similar because it's against with our religion and law so that's why casino not too popular at my place

Hamphser

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Quote from: mrcash02 on April 02, 2018, 11:26:48 AM

Quote from: MCVXYZ on April 01, 2018, 12:57:32 PM

Quote from: mrcash02 on April 01, 2018, 12:40:33 PM

Quote from: MCVXYZ on April 01, 2018, 11:22:34 AM

Quote from: CoinSkipper on February 13, 2016, 11:47:05 AM

Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

It depends on territorial and subjective jurisdictio,I mean that In my country this issue is regulated differently in different cities,For example In order to create casino in capital city you are obliged to buy gambling licence which costs 5 or as i remember correctly 4 million $,But If you want to create this business in another city licence costs very less than its in capital city.So its very complex issue and very different in different countries and cities which takes a lot of financial resources and time.

At least it's allowed in your country. Casino owners make a lot of profit and the expensive taxes they have to pay are useful for the cities development (if there isn't corruption, of course). Capital cities are usually more wealthy and have more activity than in country cities, it means more profit, but more taxes as well. In the end it's still profitable for casino owners.

It's worse when the country totally bans gambling, they don't see its potential, like in my country.
The only institutions that have the right to organize gambling - bingo games are the churches and other institutions that are collecting donations/money, and they don't need to pay any tax. People laudering money uses this method, donating to avoid taxes.

But more importantly when the country totally bans gambling,Businessmen and gamblers will do the same bypassing the law.Today we have many historical evidences about this process and I don't understand why countries act like that,May they think that it will be better for people but I think its not a solution,because they can even make strict regulations and limitations for gamblers who cann't give up..Anyway its a very complex issue and needs distinctive and different approach.

Yes, there are many illegal casinos operating in countries where gambling is forbidden. I think it's worse for countries this way, as they have a kind of business operating in the shadows, while it could be operating legally and generating tax income and turistic attraction for visitants from different places. Gambling is part of human culture since the earliest periods of its story, it's a mistake to try separating the man from this activity.

Not a surprising thing actually for those shady and illegal gambling/casinos do exist into a particular country because there would be always a corrupt government or some high ranked positioned personalities that would really backed or protect these things to operate in exchange they would able to earn extra income.For now gambling industry isnt still banned or prohibited in our country.They can still able to operate but as usual they are regulated.

denny27

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There's no tax and it's not legal at all also is still strictly prohibited by the government, there is no casino place and no people are in droves to come to the casino and doing betting. Well but maybe for the club place., is still not prohibited yet.

Hammond ltd

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I don't see the point of restricting casino. People must must be responsible towards things which are connected with risk, but there's no need to resctrict it - each should take his own responsibility

marielbeckham

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Years go by and gambling industry still stays to be illegal in the majority of countries.

palvinta

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Quote from: CoinSkipper on February 13, 2016, 11:47:05 AM

Hi,
I'm from Poland and in my country it's illegal. Could you tell me how it looks in your countries? What's with taxes?

In my country, the casino is still 100% illegal. If we break it we will get very big sanctions. Gambling in my country is forbidden, but although there are still a lot of people who do it secretly.

LadyCoin

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Quote from: CoinSkipper on February 13, 2016, 11:47:05 AM

Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

I am from Indonesia in my country there is no casino and maybe it is not licensed because it is a gambling

mrcash02

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Quote from: MCVXYZ on April 01, 2018, 12:57:32 PM

Quote from: mrcash02 on April 01, 2018, 12:40:33 PM

Quote from: MCVXYZ on April 01, 2018, 11:22:34 AM

Quote from: CoinSkipper on February 13, 2016, 11:47:05 AM

Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

It depends on territorial and subjective jurisdictio,I mean that In my country this issue is regulated differently in different cities,For example In order to create casino in capital city you are obliged to buy gambling licence which costs 5 or as i remember correctly 4 million $,But If you want to create this business in another city licence costs very less than its in capital city.So its very complex issue and very different in different countries and cities which takes a lot of financial resources and time.

At least it's allowed in your country. Casino owners make a lot of profit and the expensive taxes they have to pay are useful for the cities development (if there isn't corruption, of course). Capital cities are usually more wealthy and have more activity than in country cities, it means more profit, but more taxes as well. In the end it's still profitable for casino owners.

It's worse when the country totally bans gambling, they don't see its potential, like in my country.
The only institutions that have the right to organize gambling - bingo games are the churches and other institutions that are collecting donations/money, and they don't need to pay any tax. People laudering money uses this method, donating to avoid taxes.

But more importantly when the country totally bans gambling,Businessmen and gamblers will do the same bypassing the law.Today we have many historical evidences about this process and I don't understand why countries act like that,May they think that it will be better for people but I think its not a solution,because they can even make strict regulations and limitations for gamblers who cann't give up..Anyway its a very complex issue and needs distinctive and different approach.

Yes, there are many illegal casinos operating in countries where gambling is forbidden. I think it's worse for countries this way, as they have a kind of business operating in the shadows, while it could be operating legally and generating tax income and turistic attraction for visitants from different places. Gambling is part of human culture since the earliest periods of its story, it's a mistake to try separating the man from this activity.

sundul

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Quote from: CoinSkipper on February 13, 2016, 11:47:05 AM

Hi,
I'm from Poland and in my country, it's illegally. Could you tell me how it looks in your countries? What's with taxes?

Hi, I'm from Indonesia. Bitcoin status in my country is still not legal. But in my country Bitcoin is not banned as an investment asset, it is only prohibited as a means of payment. And Bitcoin is still very limited in my country.

makolz26

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Activity: 714

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Quote from: MCVXYZ on April 01, 2018, 12:57:32 PM

But more importantly when the country totally bans gambling,Businessmen and gamblers will do the same bypassing the law.Today we have many historical evidences about this process and I don't understand why countries act like that,May they think that it will be better for people but I think its not a solution,because they can even make strict regulations and limitations for gamblers who cann't give up..Anyway its a very complex issue and needs distinctive and different approach.

Hoping that in Casino they'll gonna accept bitcoin as one way of their mode of payment, or that is the token and price that they gonna use with that it would be a big help in the world of cryptocurrency, and the demand for sure will increase more.

MCVXYZ

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Quote from: mrcash02 on April 01, 2018, 12:40:33 PM

Quote from: MCVXYZ on April 01, 2018, 11:22:34 AM

Quote from: CoinSkipper on February 13, 2016, 11:47:05 AM

Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

It depends on territorial and subjective jurisdictio,I mean that In my country this issue is regulated differently in different cities,For example In order to create casino in capital city you are obliged to buy gambling licence which costs 5 or as i remember correctly 4 million $,But If you want to create this business in another city licence costs very less than its in capital city.So its very complex issue and very different in different countries and cities which takes a lot of financial resources and time.

At least it's allowed in your country. Casino owners make a lot of profit and the expensive taxes they have to pay are useful for the cities development (if there isn't corruption, of course). Capital cities are usually more wealthy and have more activity than in country cities, it means more profit, but more taxes as well. In the end it's still profitable for casino owners.

It's worse when the country totally bans gambling, they don't see its potential, like in my country.
The only institutions that have the right to organize gambling - bingo games are the churches and other institutions that are collecting donations/money, and they don't need to pay any tax. People laudering money uses this method, donating to avoid taxes.

But more importantly when the country totally bans gambling,Businessmen and gamblers will do the same bypassing the law.Today we have many historical evidences about this process and I don't understand why countries act like that,May they think that it will be better for people but I think its not a solution,because they can even make strict regulations and limitations for gamblers who cann't give up..Anyway its a very complex issue and needs distinctive and different approach.

mrcash02

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Quote from: MCVXYZ on April 01, 2018, 11:22:34 AM

Quote from: CoinSkipper on February 13, 2016, 11:47:05 AM

Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

It depends on territorial and subjective jurisdictio,I mean that In my country this issue is regulated differently in different cities,For example In order to create casino in capital city you are obliged to buy gambling licence which costs 5 or as i remember correctly 4 million $,But If you want to create this business in another city licence costs very less than its in capital city.So its very complex issue and very different in different countries and cities which takes a lot of financial resources and time.

At least it's allowed in your country. Casino owners make a lot of profit and the expensive taxes they have to pay are useful for the cities development (if there isn't corruption, of course). Capital cities are usually more wealthy and have more activity than in country cities, it means more profit, but more taxes as well. In the end it's still profitable for casino owners.

It's worse when the country totally bans gambling, they don't see its potential, like in my country.
The only institutions that have the right to organize gambling - bingo games are the churches and other institutions that are collecting donations/money, and they don't need to pay any tax. People laudering money uses this method, donating to avoid taxes.

MCVXYZ

member

Activity: 630

Merit: 24

Quote from: CoinSkipper on February 13, 2016, 11:47:05 AM

Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

It depends on territorial and subjective jurisdictio,I mean that In my country this issue is regulated differently in different cities,For example In order to create casino in capital city you are obliged to buy gambling licence which costs 5 or as i remember correctly 4 million $,But If you want to create this business in another city licence costs very less than its in capital city.So its very complex issue and very different in different countries and cities which takes a lot of financial resources and time.

ahmad21

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Quote from: CoinSkipper on February 13, 2016, 11:47:05 AM

Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

Its not really that big a deal. I am a bit unable to understand what are you talking about. You want to own a casino or use it? Owning it is obviously too hectic a process you have to make sure that you make profits and your clients and customers too make profit at the very same time which is indeed very difficult while using it is pretty normal. Taxes can be paid normally like any other casual income. You have to pay taxes on profits but can't take reduction for losses.

Basmic

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Quote from: just_Alice on December 04, 2016, 05:10:03 AM

Quote from: Pattart on February 21, 2016, 08:46:19 PM

Same in my country Indonesia. gambling is prohibited, even if you have an online gambling site. you could be in jail lol

Omg, they can put you in jail for just having an online gambling site? I though they might impose a fine on you or something like that. I think that's not fair to put someone in jail if he doesn't force anyone to gamble on his site. That's people's choice, they are free to do whatever they want if hurts nobody. I know gambling has a very bad impact on some people, but we don't put in jail the restaurants owners though some people die from overeating.

Gambling is the games that offer the opportunity to win Fiat. If the bets in the casino will take in the cryptocurrency it can be a reason to challenge any accusation. In Europe, there are countries that have the interpretation of bitcoins in the law, but the altcoins remain unregulated.

just_Alice

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Quote from: Pattart on February 21, 2016, 08:46:19 PM

Same in my country Indonesia. gambling is prohibited, even if you have an online gambling site. you could be in jail lol

Omg, they can put you in jail for just having an online gambling site? I though they might impose a fine on you or something like that. I think that's not fair to put someone in jail if he doesn't force anyone to gamble on his site. That's people's choice, they are free to do whatever they want if hurts nobody. I know gambling has a very bad impact on some people, but we don't put in jail the restaurants owners though some people die from overeating.

Topic: Own casino in your country? - page 3. (Read 14553 times)