Regulation: Brazil closes 2000 gambling sites - page 3.

alegotardo

legendary

Activity: 2352

Merit: 1121

☢️ alegotardo™️

Quote from: EarnOnVictor on October 14, 2024, 05:18:05 AM

What do you guys think, is it the right step? What will the government lose or gain? What will the citizens lose? Will the closed websites cooperate? Many might want to take their business elsewhere as they like to operate where the regulations are weak.

As much as governments insist on saying that the main reason for regulation is to protect people, we know that the truth is always to collect more taxes.

However, I see this regulation in Brazil as a good thing, since we are one of the countries that bet the most in the world. Several websites started to display their advertisements indiscriminately, without providing any support to their users or complying with laws that protect people. So, although there are some injustices, in general the regulation came at a good time.

Some rules, however, will only come into effect in 2025 and one of them is the prohibition of the use of credit cards in betting, something that I think is super valid and that in fact helps to protect people.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: shasan on October 27, 2024, 02:59:38 PM

Quote from: Taskford on October 27, 2024, 07:07:28 AM

Only one they know their intention towards regulating it and I think they are taking those decision to protect their own interest. Since if they really want to give their people freedom to choose what they like for sure that they won't do those decision. But guess they want to show how powerful they are and want to regulate everything so that they would take all the favor towards what possible other things they want to implement with this platform in future.

But again let see how this situation end up if they could able to stop their people to access online casino and eliminate certain addiction happening on some of their people. For sure only those casino have big market in Brazil will continue. Then those didn't get much revenue from that country will just leave that country and try other ones.

Those people can know their intentions about regulating and making those decisions to protect their own interests. But those who want to have the freedom to choose what they like and what they are not but they want to show their support on.

They wont really be having any choice but to agree and show support despite of being against into their interest and thats why there would really be those individuals who would really be that trying out to deal up with things accordingly basing up onto their own interest on which we know that not all would really be that happy on regards into those decisions made on. Accessing online casinos nowadays will really be just that easy even if they would really be setting out to ban it all but it cant be something that will really be totally stopped because we do know that there would be tons of ways or methods
on bypassing these kind of bans specially online on which its really just that a piece of cake on doing so.

shasan

copper member

Activity: 2380

Merit: 1302

Playbet.io - Crypto Casino and Sportsbook

Quote from: Taskford on October 27, 2024, 07:07:28 AM

Only one they know their intention towards regulating it and I think they are taking those decision to protect their own interest. Since if they really want to give their people freedom to choose what they like for sure that they won't do those decision. But guess they want to show how powerful they are and want to regulate everything so that they would take all the favor towards what possible other things they want to implement with this platform in future.

But again let see how this situation end up if they could able to stop their people to access online casino and eliminate certain addiction happening on some of their people. For sure only those casino have big market in Brazil will continue. Then those didn't get much revenue from that country will just leave that country and try other ones.

Those people can know their intentions about regulating and making those decisions to protect their own interests. But those who want to have the freedom to choose what they like and what they are not but they want to show their support on.

Taskford

hero member

Activity: 2520

Merit: 783

Quote from: eisen33 on October 27, 2024, 07:00:13 AM

Quote from: Orpichukwu on October 25, 2024, 03:33:02 PM

The move they took is indeed a good one in forcing the hand of the casino owners, and I come and register and fully be regulated. That's if they value the population of gamblers. From there, some business owners just don't want to pay tax and follow laws.

Some among the 2000 will definitely comply with why some will want to leave the market or will want to operate illegally using whatever means they know, which will be a double risk to them.

Brazil is definitely more strict about regulation on the web than many other countries, even if you consider their recent blocking of X, this is one example of how they want to regulate everything that happens on their territory. Maybe it's a tax issue, maybe it's a security issue, I think that's what they'll cover, but I also assume that not everyone will want to allow regulators to interfere in their affairs. After that, we'll see how many of these 2,000+ companies return to work in Brazil, this will be an indicator of who is ready to accept the new conditions.

Only one they know their intention towards regulating it and I think they are taking those decision to protect their own interest. Since if they really want to give their people freedom to choose what they like for sure that they won't do those decision. But guess they want to show how powerful they are and want to regulate everything so that they would take all the favor towards what possible other things they want to implement with this platform in future.

But again let see how this situation end up if they could able to stop their people to access online casino and eliminate certain addiction happening on some of their people. For sure only those casino have big market in Brazil will continue. Then those didn't get much revenue from that country will just leave that country and try other ones.

eisen33

full member

Activity: 196

Merit: 236

Quote from: Orpichukwu on October 25, 2024, 03:33:02 PM

The move they took is indeed a good one in forcing the hand of the casino owners, and I come and register and fully be regulated. That's if they value the population of gamblers. From there, some business owners just don't want to pay tax and follow laws.

Some among the 2000 will definitely comply with why some will want to leave the market or will want to operate illegally using whatever means they know, which will be a double risk to them.

Brazil is definitely more strict about regulation on the web than many other countries, even if you consider their recent blocking of X, this is one example of how they want to regulate everything that happens on their territory. Maybe it's a tax issue, maybe it's a security issue, I think that's what they'll cover, but I also assume that not everyone will want to allow regulators to interfere in their affairs. After that, we'll see how many of these 2,000+ companies return to work in Brazil, this will be an indicator of who is ready to accept the new conditions.

Russlenat

hero member

Activity: 2716

Merit: 904

Quote from: Ondekinecakabilirim on October 27, 2024, 03:28:01 AM

We live in the age of technology. No government can design societies with bans. Even if governments close access to gambling sites, people can still access gambling sites using a VPN. Unfortunately, governments are taking away people's fun by making such decisions. Also, if we ban gambling sites, people will use illegal methods to fulfill their desire to gamble. There are many crimes in illegal gambling places. If governments tried to control this area instead of forcing people to go to illegal places, they would also earn taxes from this area. They think they are regulating something by banning gambling sites. But they are doing many things wrong.

They don’t completely ban gambling; they just shut down those operators that don’t have the necessary permits. So, the fun remains, but the number of players has decreased with the advent of this law. Sure, gamblers can use a VPN to bypass the restrictions, but that comes with risks- like having their accounts locked or, worse, their balances seized. So, it’s not advisable unless absolutely necessary.

Ondekinecakabilirim

hero member

Activity: 1162

Merit: 719

We live in the age of technology. No government can design societies with bans. Even if governments close access to gambling sites, people can still access gambling sites using a VPN. Unfortunately, governments are taking away people's fun by making such decisions. Also, if we ban gambling sites, people will use illegal methods to fulfill their desire to gamble. There are many crimes in illegal gambling places. If governments tried to control this area instead of forcing people to go to illegal places, they would also earn taxes from this area. They think they are regulating something by banning gambling sites. But they are doing many things wrong.

Sanitough

hero member

Activity: 2856

Merit: 674

Quote from: danherbias07 on October 27, 2024, 02:03:33 AM

This is good news.
Those gambling sites cannot just do business without proper licenses and a ticket from the government of the country where they will do business. Regulation is a thing that will help the government claim taxes and it means more funds to use for the citizens. Heck, they can even make a rehabilitation center for gamblers from those funds or they could use it for other purposes.

People are just surprised because this is the first time strict regulations are being implemented. If I’m not mistaken, this country has treated gambling like a free-for-all market, which led to a rise in the number of operators since they didn’t have to pay taxes. This also resulted in more people becoming addicted to gambling.

Now that they’re considering regulation, the number of gambling sites accessible to citizens has dropped from thousands to hundreds, which is a significant development. This change will not only boost tax collection but also help address the addiction problem.

Before this law was implemented, they had already conducted thorough studies on this issue, and it’s been reported before.

Quote from: https://www.gamblingnews.com/news/brazil-sports-betting-faces-ban-if-addiction-is-unchecked/

Brazil is among the countries that legalized sports betting back in 2018. Despite legalizing the activity, the country never launched its betting market as lawmakers failed to establish the required regulations for years.

On the bright side, Brazil now aims to launch legal betting in January, after politicians finally focused on the issue. Yet, the country’s president reaffirmed he is prepared to end legal betting in case regulations prove to be ineffective and gambling harm isn’t addressed.

Betting Among Low-Income Families on Social Aids Raises Concerns
The regulation of sports betting is expected to deliver an economic boost for Brazil. Millions of dollars are expected to benefit the country in the form of license fees and tax proceeds. While benefits are one side of the coin, concerns are on the other.

This summer, a report revealing that an estimated $550 million was bet on sports by Bolsa Familia program members, raised concerns among lawmakers in Brazil. The aforementioned program provides vital support to low-income families.

danherbias07

legendary

Activity: 3318

Merit: 1133

Leading Crypto Sports Betting & Casino Platform

This is good news.
Those gambling sites cannot just do business without proper licenses and a ticket from the government of the country where they will do business. Regulation is a thing that will help the government claim taxes and it means more funds to use for the citizens. Heck, they can even make a rehabilitation center for gamblers from those funds or they could use it for other purposes.
Here in our place, one cockpit is regulated by the city and most of the taxes received from that cockpit are being used for the betterment of the city which could be felt now. Most of the roads are being fixed and lighted so that even those who drive at night will be prevented from accidents. The new city hall is also finished and I think most of the funds came from the gambling tax. I think it's just the right thing as long as the government officials will not corrupt it.

Cryptomultiplier

full member

Activity: 952

Merit: 232

Quote from: ethereumhunter on October 27, 2024, 01:39:08 AM

Quote from: avp2306 on October 26, 2024, 05:21:18 AM

If there's real counter action made and still they allow online gambling site to operate nothing will happen to what they are supposed to be fighting for. It somehow leave some impression that they are only going after for the money they can get and not actually care about the welfare of their people.

But we cannot see yet the real statistics of current decision they made, if we can really see that those regulation they do could really minimize gambling addiction. Since after all gamblers will always find ways to access online casino since there are VPN friendly platform so for sure most of them would go there.

However, I agree with you that we should waits for the result from that regulation and what will happens in the country. If the result is good and gives a significant good progress, that means the regulations gives a good impact to the country and the citizens.

But as you said, gamblers will search for a ways for them to keep playing gambling. If that is happen to us, maybe we will do the same thing like them. We will difficult to leaves gambling as suggested by the government but we must have control over ourselves so we don't get the problem from gambling. That is what we must concern when we decide to keeps playing gambling. If not, we should leaves gambling and not get in touch anymore.

Before this regulation came into full effect, one of the ways I remember that the Brazilian government used to check gambling activities was by taxing gambling earnings or wins about 15% of the money and this was assumed to be enough to reduce gambling activities.
Am shocked to see that same government has totally closed over 2000 sites because they are either illegal or fo not fulfill the policies of the government.
I hope jobs would be created to cover this lapse in gbling earning.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: avp2306 on October 26, 2024, 05:21:18 AM

If there's real counter action made and still they allow online gambling site to operate nothing will happen to what they are supposed to be fighting for. It somehow leave some impression that they are only going after for the money they can get and not actually care about the welfare of their people.

But we cannot see yet the real statistics of current decision they made, if we can really see that those regulation they do could really minimize gambling addiction. Since after all gamblers will always find ways to access online casino since there are VPN friendly platform so for sure most of them would go there.

However, I agree with you that we should waits for the result from that regulation and what will happens in the country. If the result is good and gives a significant good progress, that means the regulations gives a good impact to the country and the citizens.

But as you said, gamblers will search for a ways for them to keep playing gambling. If that is happen to us, maybe we will do the same thing like them. We will difficult to leaves gambling as suggested by the government but we must have control over ourselves so we don't get the problem from gambling. That is what we must concern when we decide to keeps playing gambling. If not, we should leaves gambling and not get in touch anymore.

rachael9385

sr. member

Activity: 476

Merit: 337

Quote from: EarnOnVictor on October 14, 2024, 05:18:05 AM

Quote

Rio de Janeiro (AFP) – Brazilian authorities on Friday began closing down more than 2,000 betting sites, including those that sponsors popular football team Corinthians and other first division clubs, as part of a push to regulate online gambling.

Source: Brazil ordered the closure of 2000 betting sites

What do you guys think, is it the right step? What will the government lose or gain? What will the citizens lose? Will the closed websites cooperate? Many might want to take their business elsewhere as they like to operate where the regulations are weak.

This kind of thing will help the addicted gamblers mostly, because when the casino they uses frequently are been closed for ever they might be forced to quit gambling. However, this kind of situation affects the casino owners mostly because in most countries, gamble business is almost the surest thing one could open, although it's also risky because someone might be lucky enough to win the kind of amount that the owners of the casino doesn't even have. Like a story someone told me, that someone won a huge amount of money but the casino owner had to tell the person to wait for some time so that they could provide the money the gambler won.
So am just emphasizing on the point that, the government knows what's best for the people.

Tmoonz

sr. member

Activity: 308

Merit: 256

Surely there is nothing wrong with what the government are doing but it can be wrong if the money they are generating from the tax are not being used appropriately, it shouldn't be for only their selfish reasons but for the interest of the general public, if only the government can accomplish such plans of creating more awareness campaigns as regards to the risk of irresponsible gambling behaviors, imposing strick roles for the agents to be much able to know and monitor the bettors in other to reduce the rate of gambling abuse. But however, no doubt different people are approaching gambling with differently reasons.

bangjoe

hero member

Activity: 1400

Merit: 674

Quote from: Distinctin on October 26, 2024, 02:54:30 AM

Quote from: DubemIfedigbo001 on October 26, 2024, 01:36:51 AM

If successfully implement, the gambling reform would help their citizens a great deal to overcome gambling addiction and it's effects.

That’s a lot of effort to pull off. Let’s see if they can actually implement that plan. But from what I understand, closing 2,000 gambling sites doesn’t really mean addiction will drop. There are still plenty of sites with licenses to operate, so gambling will keep going on.

It seems like the government is more focused on collecting taxes than really tackling addiction, and with the current rate, it’s already way too high. Honestly, I think the best solution would be to just ban gambling altogether.

If there are some sites that are allowed to operate, of course, some gamblers will switch to the Group and correct places as you say that addiction will not stop if the problem is considering that there is a casino that is allowed to operate, it is only to make an illegal casino and reduce the bad possibilities that can be done By illegal casinos such as money laundering and data theft, it is a good form of action, to reform the gambling industry in Brazil, including taxation.

avp2306

sr. member

Activity: 1022

Merit: 363

Quote from: ethereumhunter on October 26, 2024, 01:02:38 AM

Quote from: avp2306 on October 25, 2024, 07:22:07 AM

Addiction will be there since they still allow casino that will comply to their requirements to operate. They impose ban for those illegal casino that operates in their country. So with these they didn't totally eliminate online gambling on their country and they just want to regulate all of those illegal casino since somehow this could give huge revenue to their country.

Maybe those protection towards addiction is just an excuse, but provably the main intention of those things happen is to get some revenue to online casinos that will comply to the rules they set.

But again for sure, there some ways to continue to participate on this activities and provably some old time gamblers would use some tool to access those online casino and get back to their usual activities.

That will be a difficult for the government if they see the gambling addiction matters in their country increase because that needs a seriousness to take care. They can impose ban for those illegal casino that operates in their country but that doesn't guarantee the other illegal casino will close their business. We know that the illegal casinos can running their business in the underground without many people knows.

That will needs work hard and smart from the government to search for the rest of illegal casinos and close or ban it. But what they must cares is their citizens because that numbers of gambling addiction can increase anytime. They must use different approaches to closest to their citizens and explain all things in details. If their citizens realize the danger of playing gambling, they will start to reduce their gambling activity or even they will stop gambling because they don't get the benefits of gambling.

If there's real counter action made and still they allow online gambling site to operate nothing will happen to what they are supposed to be fighting for. It somehow leave some impression that they are only going after for the money they can get and not actually care about the welfare of their people.

But we cannot see yet the real statistics of current decision they made, if we can really see that those regulation they do could really minimize gambling addiction. Since after all gamblers will always find ways to access online casino since there are VPN friendly platform so for sure most of them would go there.

Rockstarguy

hero member

Activity: 1050

Merit: 592

God is great

Quote from: Finestream on October 14, 2024, 05:49:15 AM

This is a bold move, but let’s be real, it won’t stop people from gambling. With so many betting sites out there that don’t strictly enforce the rules, I’m sure folks will find a way to keep the bets rolling elsewhere. The government might try to block access to online casinos, but hey, there’s always VPNs to get around that.

Sure, there’s some risk for gamblers since they won’t have protection if they get scammed, but with their urge to gamble, I’m pretty sure they already know the risk and are willing to take it just to keep the game going. Hopefully, these casinos won’t use this as an excuse to scam users randomly.

The Brazilian Government may have their own reasons why they decides to close these online gambling sites, if it was close to protect citizens from gambling I don't think that will work because people will still try their best of a way they can still participate.

But I don't think the reason why the government shutdown the site of the casino was because of to protect the citizens from gambling, it could be that these gambling companies are not meeting with the rules of the government, maybe illegal operation. I think it is good when the government comes in when casinos are operating illegally and when they are not of standard which could be affecting the citizens in one way or the other at this point the government needs to come in.

Distinctin

hero member

Activity: 2926

Merit: 657

No dream is too big and no dreamer is too small

Quote from: DubemIfedigbo001 on October 26, 2024, 01:36:51 AM

If successfully implement, the gambling reform would help their citizens a great deal to overcome gambling addiction and it's effects.

That’s a lot of effort to pull off. Let’s see if they can actually implement that plan. But from what I understand, closing 2,000 gambling sites doesn’t really mean addiction will drop. There are still plenty of sites with licenses to operate, so gambling will keep going on.

It seems like the government is more focused on collecting taxes than really tackling addiction, and with the current rate, it’s already way too high. Honestly, I think the best solution would be to just ban gambling altogether.

mammusu

hero member

Activity: 1372

Merit: 502

Leading Crypto Sports Betting & Casino Platform

Quote from: LUCKMCFLY on October 25, 2024, 02:44:21 PM

This seems to me to be a very unfair act and worthy of a totally authoritarian government, the business models of the casinos are very profitable and that is why governments do this type of thing, this does not surprise me anymore , I live in a country where it is exactly the same , except that the Corruption of the rulers is so great that they negotiate with the Owners of the casinos in order to operate and give them large portions of money that are not normal or similar to taxes, the amounts of money they must pay them are much more juicier , it is the only way they can operate, I imagine that in Brazil the president will want to get to that.

I think that the government that really wants to remove gambling from its country should not look at the difference between a big casino that is trusted and a small casino that may be less safe, because anyway if they want to be clean from gambling of course they have to be firm in setting the existing prohibition without inequality, but I think in this case maybe the Brazilian government has a certain view that is not known to the public in blocking or the removal of 2000 sites, but even so I don't think it will have much impact on gamblers because for those who still want to gamble and use the site, of course using a VPN is an alternative that can be done today, But apart from all of that it is also important for the government to ensure that all casinos, both large and small, adhere to strict regulations to protect consumers and they must ensure that the casino has a valid license, transparency in its operations including protection on players.

Ultegra134

hero member

Activity: 1680

Merit: 845

Quote from: davis196 on October 25, 2024, 07:32:33 AM

What do you mean by "will the closed websites cooperate?"? Those websites were shut down by their hosting providers upon government request. There's no way for their owners to cooperate. The Brazilian government will probably lose revenue from gambling taxes. Most moderate gamblers would just quit gambling, while the hardcore gamblers will simply start using VPN/proxies and join online casinos that are located overseas. Some online casinos are VPN-friendly, while others are hostile towards VPNs. Perhaps the gamblers could use residential proxies, but KYC remains a problem. Non-KYC casinos might be the only option left for Brazilian gamblers.

But the article already mentioned that these casinos were already not following the necessary regulations; thus, the government wasn't receiving any taxes from the gambling activities. I don't know if anyone else noticed it, but 1 out of 9 people in Brazil gamble, which accounts for approximately 24 million citizens; that's an insane number. With that being said, it was only reasonable to shut down these casinos, even if they were well-known ones that were sponsoring football teams, as they weren't following the regulations put in place by the government.

I doubt that the government is frustrated by the large percentage of the population gambling, but because they're not receiving any taxes, imagine how much money is being spent without being taxed. This action won't stop gambling; it may reduce it, but eventually some casinos will come to terms with the new laws, while the citizens will either start playing on the now-regulated ones or use VPNs to bypass them.

DubemIfedigbo001

sr. member

Activity: 490

Merit: 346

Let love lead

I am most pleased that yet another country is taking gambling effects on its citizens seriously and from my research they would be giving the gamblers first light education on the best practices of gambling and the adverse effects of addiction in registering an account with a casino. Furthermore they would launch grabbing control features that raised alert when a gambler is overindulging in it and I believe it can help reduce the effect gambling addiction already has on at least 10% of it's population and this statistics places Brazil on the top list of countries with the highest gamblers.

If successfully implement, the gambling reform would help their citizens a great deal to overcome gambling addiction and it's effects.

Topic: Regulation: Brazil closes 2000 gambling sites - page 3. (Read 1279 times)