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Topic: Thailand to Legalize Gambling To combat Illegal gambling or.... - page 4. (Read 837 times)

legendary
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I also think that it is a wise decision on the PM side since it is impossible to stop gambling, so why not take advantage of it for the country's development?  Your thought?


They couldn't stop illegal gambling, so why not legalize it? This is a smart decision by the PM. Not only would the government benefit from the taxes generated from gambling, but it would also eradicate the illegal gambling business. Legal operators will work to eliminate illegal operators to ensure their own profits increase. It will then be the government's job to enforce the law by arresting those who operate illegally, which would force them to operate legally. So the strategy is very simple, force the illegal operators to get permits and operates legally, that way their taxes will increase.
In this example, we see that prohibitions and restrictions do not always bring only positive things; sometimes we need to delve deeper into the essence of the problem and try to predict what the gambling industry can give to the country and its people in particular. Of course, gambling is not the best business, because there will be those who will become addicted to games, but sometimes I think that those who are addicted to the game and want to play, they would find a place where they play illegally.

When introducing gambling into the official space in Thailand, the government should think about building a building for the treatment of gambling addiction and do it right now, because such people will need help and treatment. And this needs to be done with part of the collected taxes from gambling establishments that will feel good about being in a legal field.
hero member
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I also think that it is a wise decision on the PM side since it is impossible to stop gambling, so why not take advantage of it for the country's development?  Your thought?


They couldn't stop illegal gambling, so why not legalize it? This is a smart decision by the PM. Not only would the government benefit from the taxes generated from gambling, but it would also eradicate the illegal gambling business. Legal operators will work to eliminate illegal operators to ensure their own profits increase. It will then be the government's job to enforce the law by arresting those who operate illegally, which would force them to operate legally. So the strategy is very simple, force the illegal operators to get permits and operates legally, that way their taxes will increase.
I think that's the strategy they are using. This is not the only country planning to legalize gambling; even in other countries where gambling is illegal, they see that they are losing because stopping gambling is almost impossible. With just one click online, you can find a lot of casinos to play at. Although these casinos are legal, they are not paying taxes to the governments where they are attracting gamblers. By running legitimate casinos that operate within the same country, people will not look elsewhere. This way, they can support their own country since a part of their losses will go towards the development of the country.
hero member
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I also think that it is a wise decision on the PM side since it is impossible to stop gambling, so why not take advantage of it for the country's development?  Your thought?


They couldn't stop illegal gambling, so why not legalize it? This is a smart decision by the PM. Not only would the government benefit from the taxes generated from gambling, but it would also eradicate the illegal gambling business. Legal operators will work to eliminate illegal operators to ensure their own profits increase. It will then be the government's job to enforce the law by arresting those who operate illegally, which would force them to operate legally. So the strategy is very simple, force the illegal operators to get permits and operates legally, that way their taxes will increase.
legendary
Activity: 2492
Merit: 1215
You already said it. Gambling can't be stop so it would be better for them to just take advantage of it. In that way, these gambling casinos can help the country as well through paying taxes. In our country, the corporation that's handling the gambling casinos shared in their website that they earned a total of $1.3B in taxes, and half of it will be going to the government.

Anyway, they really are losing big time for not making it legal, and I don't also think that legalizing gambling in Thailand will make illegal gambling disappear.


It is better to say that a gambler wont notice any difference of pre and post gambling legalization periods. They will still gamble in the same casinos they gambled before. I doubt that casinos will, for example adjust house edge, if they would have to pay taxes now. The only differences would be advertisement appearance, and maybe tourists will feel more safe if they gamble.
hero member
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Lol to the bolded part.  I think gambling addiction is already a problem of any country including the Thailand government.  At least with the implementation of legal gambling, the government can have additional funds to utilize some of the government branches to disseminate information about minimizing gambling addiction.
Hahaha I am sorry for that. I wants to write additional income but I wrote addictional income so sorry with that. But yes, gambling addiction is a problem in many countries including the Thailand government. If they can legalizes gambling, that will helps the government gets more money to develop their country.

But it needs efforts to educates their people not to becomes addicted to gambling when gambling is legalizes. The government branches must disseminate information about gambling with the risks if they use gambling excessively. Playing gambling is okay but with moderation so they will not gets the problem.

I bet the only group that will go against the legalization of gambling in Thailand are those close-minded religious groups and/or those who run illegal gambling.  The citizen who are already engaged with gambling will be happy knowing that they are not committing a crime anymore when engaging in gambling if the legalization of gambling is aprroved.
That's normal if the religious groups will against the legalization of gambling because they thinks that gambling is prohibit in their religion. They will not lets the government legalize gambling but maybe there will be a way to find the best solution for that matter. If all elements can discuss to find the win-win solution for their country, they will gets that way and all things will be clear and the government can works together to achieve their goals.

For their people who often playing gambling doesn't have to be afraid for playing gambling because they can gamble with happy without worry if they committing a crime. But they must be careful when playing gambling because gambling can makes them lose their money. They must have self control and limitation to prevents from the bad things that can happens to them.
legendary
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I believe the Thai PM realized that they are losing for not making gambling legal in their country.  I believe it is not to combat the illegal gambling but rather to take advantage of the gambling activities to get more taxes to fund the country's treasury.  It was said that if gambling is legalized the country might bring an amount ranging from TBH30B to TBH50B (US$0.8bn to US$1.3bn) in investments to the country aside from the annual taxes that can be earned from gambling industries.

I also think that it is a wise decision on the PM side since it is impossible to stop gambling, so why not take advantage of it for the country's development?  Your thought?
You already said it. Gambling can't be stop so it would be better for them to just take advantage of it. In that way, these gambling casinos can help the country as well through paying taxes. In our country, the corporation that's handling the gambling casinos shared in their website that they earned a total of $1.3B in taxes, and half of it will be going to the government.

Anyway, they really are losing big time for not making it legal, and I don't also think that legalizing gambling in Thailand will make illegal gambling disappear.

I personally think this is a clear case of "if you can't beat them, you join them" a good example of it actually.
Well, that's what other countries are doing because they can't fight against gambling so they will just do something for it to be beneficial for the country. Gambling could be harmful for gamblers especially when they're losing too much on it, but the authorities don't care as long as they're earning from it. Cheesy
legendary
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Any serious country stepping up and doing something like this is going in the right direction, in my opinion. It is not only about the money the nation could be pocketing from taxing their citizens but also the fact that those illegal casinos or underground gambling establishments are usually owned by crime syndicate members which use the profits of the casino to fuel their operations, which usually include illegal trafficking, racketering, prostitution and murder for hire.
Now, because of this legalization of gambling in this asian country, it would be good for the people to also have access to education on gambling and how statistics works, so they are very informed on how gambling is not supposed to be a source of income, but entertainment.
legendary
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Anyways, looking like the Thailand prime minister have realized what they are losing by not taxing gambling companies and have decided to correct it, kudos to him and the entire country.
That's a better decision indeed. If they're losing by not taxing those gambling companies that are illegally operating. It is best for them to have some relief that they're willing to list and register them under their government so that they won't be classified anymore as an illegal operating gambling company and the tax shall go to the national government and Thailand will be able to benefit from it too.

It is about time for their government to act on this long overdue regulation protocol towards gambling. I have been on this country and their people really have high regards to their PM or their royal government. Do take note that you can be imprisoned if you talk bad about their King or insult the King and his other Regents. Also, they have very different approach on some matters.

Anyway, with this realization, they may be open to online gambling in the future. Online gambling in this country is illegal as far as I know. With the change of heart, they may soon unblock those online gambling sites and find a way how to get tax from this business.


https://en.wikipedia.org/wiki/Gambling_in_Thailand
hero member
Activity: 2520
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I also think that it is a wise decision on the PM side since it is impossible to stop gambling, so why not take advantage of it for the country's development?  Your thought?



Well depends on how they regulate it since if they allow those companies to have legal operation on their country and then they don't have proper implementation of law that possible punish them if there's certain irregularities that might happen then maybe a rampant abuse might happen.

Look what happen in Philippines where the past administration allow the operation of POGO in their country the crime rate goes high because the kidnapping,cryptocurrency scamming and other thing we can't imagine is happening on those premises.

So to avoid getting in that situation where their citizens will be at risk for danger brought up by their decisions made to legalize that activities in their country. They must do proper study and have government organization that will strongly monitor their activities so they can avoid any crimes related to gambling activities or there are organize criminal groups will enter on their country then plan to create something illegal in their country.
hero member
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Anyways, looking like the Thailand prime minister have realized what they are losing by not taxing gambling companies and have decided to correct it, kudos to him and the entire country.
That's a better decision indeed. If they're losing by not taxing those gambling companies that are illegally operating. It is best for them to have some relief that they're willing to list and register them under their government so that they won't be classified anymore as an illegal operating gambling company and the tax shall go to the national government and Thailand will be able to benefit from it too.
legendary
Activity: 2422
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I read an article about Thailand's Prime Minister planning to legalize gambling in order to combat illegal gambling.  He also stated that the illegal gambling operation are earning trillions of baht but are not contributing to the nation.  Read more about the news here:

I believe the Thai PM realized that they are losing for not making gambling legal in their country.  I believe it is not to combat the illegal gambling but rather to take advantage of the gambling activities to get more taxes to fund the country's treasury.  It was said that if gambling is legalized the country might bring an amount ranging from TBH30B to TBH50B (US$0.8bn to US$1.3bn) in investments to the country aside from the annual taxes that can be earned from gambling industries.

I also think that it is a wise decision on the PM side since it is impossible to stop gambling, so why not take advantage of it for the country's development?  Your thought?

I personally think this is a clear case of "if you can't beat them, you join them" a good example of it actually.

When government are banning some of such activities, they usually dont realize that activities like gambling can indeed contribute greatly in the area of financing the country's development.

Gambling is a big niche, a big industry actually through which trillions of dollars exchange hands every month, why should a government ban gambling when they can regulate it and make good money from it in the form of Taxes?

Anyways, looking like the Thailand prime minister have realized what they are losing by not taxing gambling companies and have decided to correct it, kudos to him and the entire country.
hero member
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Legalization is welcomed but I'm clear in my mind that illegal  gambling will survive for at least nearest decade when this entails such country as  Thailand. Underground betting over there ( plus some strange gaming     activities like those which are bound with the  funerary rites at some locations) has a long history of development that can not be overcome by epy  single-stage intervention from government body.
No doubt about that because illegal act is in human nature, but the most i8thing is that folks will no longer hide to gamble anymore and they can walk into a casino to gamble freely without any problem. Those countries that banned gambling are losing because people will still gamble and government will be the one missing from taxes that can be generated from gambling. So the Thailand government did the right thing for his country in term of profit and freedom to the citizens that lives gambling.
hero member
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I also think that this is rather the right decision, because if you ban some things, then there will definitely be ways to circumvent them, and at the same time, the country’s budget will not receive additional taxes that could be spent on improving infrastructure or on medical care for citizens of this country . The most important idea is to find that middle solution between a ban and a permit, as well as a large tax so as not to frighten players who still decide to pay it. In addition, there are a lot of tourists in Thailand, probably I could charge even more taxes from them than from ordinary citizens, but not much. I think such measures would be best for the country.
legendary
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It's two fold but I think the government of Thailand wanted to attract high rollers in their country to play and so they will benefit not just from tourist but from this high rollers as well. And with that it could mean more jobs as well to the local people. Second is the tax that it will generate for them, almost half a billion dollar according to them.

Not only high rollers but also huge gambling investors.  The article also calculated the possible coming investment on the gambling industry when they legalized it.  The development of a gambling hub, and gambling infrastructures will surely give more jobs to Thai citizens.  And the uncollected tax from illegal gambling activities will be minimized.  The government will also get fund from the gambling license request and other needed documents fees.

If Thai government thinks that they can gets addictional income from the gambling taxes, that will be good solution for their country because gambling revenue is big so the incoming taxes from the gambling industry will also big. Rather than to prohibit gambling, the government can makes regulation to control gambling plus they can gets additional income from the taxes.

Lol to the bolded part.  I think gambling addiction is already a problem of any country including the Thailand government.  At least with the implementation of legal gambling, the government can have additional funds to utilize some of the government branches to disseminate information about minimizing gambling addiction.

But the government needs to discuss with all elements on their country because there will be a pro and contra with that regulation. That needs to be clear so when the government legalize gambling, no one will demo the regulation because that is for their country. Their people will be happy if gambling can be legalize, especially traditional gambling because we know many Thai people still playing gambling using the traditional gambling games.

I bet the only group that will go against the legalization of gambling in Thailand are those close-minded religious groups and/or those who run illegal gambling.  The citizen who are already engaged with gambling will be happy knowing that they are not committing a crime anymore when engaging in gambling if the legalization of gambling is aprroved.
hero member
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I read an article about Thailand's Prime Minister planning to legalize gambling in order to combat illegal gambling.  He also stated that the illegal gambling operation are earning trillions of baht but are not contributing to the nation.  Read more about the news here:

snip



I believe the Thai PM realized that they are losing for not making gambling legal in their country.  I believe it is not to combat the illegal gambling but rather to take advantage of the gambling activities to get more taxes to fund the country's treasury.  It was said that if gambling is legalized the country might bring an amount ranging from TBH30B to TBH50B (US$0.8bn to US$1.3bn) in investments to the country aside from the annual taxes that can be earned from gambling industries.

I also think that it is a wise decision on the PM side since it is impossible to stop gambling, so why not take advantage of it for the country's development?  Your thought?

It could be both, after all on the countries in which gambling is not legalized, organized crime has taken over it and they are making a fortune with it, so not only the government does not receive any taxes, it also needs to use some of their money to prosecute those criminals, so it makes way more sense to regulate it, get a lot of taxes out of it and take a source of income from those criminal organizations, so it is an easy choice to take if you ask me.
hero member
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If Thai government thinks that they can gets addictional income from the gambling taxes, that will be good solution for their country because gambling revenue is big so the incoming taxes from the gambling industry will also big. Rather than to prohibit gambling, the government can makes regulation to control gambling plus they can gets additional income from the taxes.

But the government needs to discuss with all elements on their country because there will be a pro and contra with that regulation. That needs to be clear so when the government legalize gambling, no one will demo the regulation because that is for their country. Their people will be happy if gambling can be legalize, especially traditional gambling because we know many Thai people still playing gambling using the traditional gambling games.
legendary
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I also think that it is a wise decision on the PM side since it is impossible to stop gambling, so why not take advantage of it for the country's development?  Your thought?


This is what sometimes concerns me about illegal gambling sites, which are not only detrimental to the state but also to the gamblers themselves. there are many users who have become victims of illegal gambling sites, whose reputation is doubtful and often harms many users. there are many phenomena that occur involving cheating carried out by illegal gambling sites, of course this is the part that we dislike the most from the other impacts of the rise of illegal sites. In my country, for example, gambling is currently illegal. therefore, a proliferation of illegal fiat online sites has emerged. the impact of this is due to various factors, so it is not just the country that suffers. It is difficult to eradicate illegal sites without the role of the state itself, especially without education and providing good understanding to its people.

IMO, the first steps taken by Thailand for me are right on target. that doesn't mean there are no restrictions in Thailand, but it would be more appropriate if there was a forum that accommodated it. whatever it is, all systems will develop and be updated as many problems or things that need to be repaired and addressed are discovered. maybe that way, at least the state will facilitate a place specifically for casinos. Likewise with online, the involvement of the state can help users who enjoy this hobby. the impact of illegal casinos will gradually begin to diminish, because the most important thing is that gamblers have a safe and comfortable place to play. moreover, the country would benefit from taking advantage of it rather than banning gambling completely.

hero member
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I agree with the Thailand PM, there's a lot of money out there flowing without any of it going to the country treasury, this doesn't just happen in Thailand, this also happens in our country (Indonesia), here gambling is an illegal thing to do, for this reason not a single gambling company or platform is allowed to exist legally.

Which ultimately makes gambling players in Indonesia go to illegal platforms and give nothing for the country, I think we should have a serious discussion in parliament about this, and to avoid becoming problem gamblers, there must be basic education first about gambling.
legendary
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Legalizing gambling in a country is a good thing for the government of that country because it will be able to earn money from taxes that they will charge on casinos and betting houses. But there is a big problem with this, and that is that international casinos will be required to have a local license, because the Curacao license will not be valid. For example, if a crypto casino named: bestslot has a license in Curacao, has an ann thread here on the forum, has a good reputation, has customers from Thailand, that casino will be required to have a license issued by the government of Thailand if it wants customers from Thailand use the casino, the casino can ignore it and not ask for a license from Thailand

But users from Thailand who are using bestslot crypto casino if they are withdrawing winnings to Thailand and are caught by the Thai regulator may be fined or arrested based on Thailand's casino law and will be accused of not paying gambling taxes. bad luck, they could be accused of money laundering. So it is better that people in Thailand are well informed before using crypto casinos so as not to have any problems.
legendary
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I don't know why Thailand has done it yet I think this is the solution to many problems in our free societies nowadays,not those dictated by religion or where an oppressor,dictator is leading their country.In free societies for example legalizing prostitution in certain countries where is not legal will drastically reduce the rape cases in these countries.The same can be said for light drugs,alcohol and gambling,when you make illegal things legal you are effectively moving away from your country a large chunk of organized crime which usually control most of these industries when they are not legal.
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