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Topic: The banning or regularization of casinos by govs has not resulted in anything - page 5. (Read 811 times)

hero member
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There are many governments in the world that are left behind by the advancement of technologies. It's also possible many governments just don't care. Or perhaps some of them simply underestimate the taxes lost because of unregulated online services.

The online economy is the largest in the world. In crypto alone, there are already billions of dollars at play with exchanges, lending and staking platforms, online gambling, and so on.

Failure to implement tight measures means a government misses on huge potential revenue. Global companies would easily exploit markets without paying any taxes, without being held accountable for their failures, freely preying on their citizens, and so on.

In the age of internet, governments should police their cyber territories more seriously.

Technology is constantly evolving, I'm afraid if they are going to use AIs for this laws to be implemented then all other casinos may just be blocked and non will be useful anyone even if we use VPNs.

However there are something to gain from this industry which will support the government for funding through taxes. So while they regulate advertising on casinos, they might as well regulate who are allowed to play which means there really is the necessary for government to monitor the lives of people from ages, the kind of jobs and most probably gender of those who are allowed to gamble.
legendary
Activity: 2576
Merit: 1860
There are many governments in the world that are left behind by the advancement of technologies. It's also possible many governments just don't care. Or perhaps some of them simply underestimate the taxes lost because of unregulated online services.

The online economy is the largest in the world. In crypto alone, there are already billions of dollars at play with exchanges, lending and staking platforms, online gambling, and so on.

Failure to implement tight measures means a government misses on huge potential revenue. Global companies would easily exploit markets without paying any taxes, without being held accountable for their failures, freely preying on their citizens, and so on.

In the age of internet, governments should police their cyber territories more seriously.
member
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Eloncoin.org - Mars, here we come!
Funny how they think they just made a very significant law that stops everyone yet they just fool themselves (Govt) every time I see some kind of news pass into bills especially when it comes to the internet I just laugh at those regulations because it holds no water.

Their is always a way even though it will cost us more but when you think people can't access things because you blocked it then they will show their talents. the internet is now broad we can't be held together.


The Brazilian government only saw the light in their own favour for taxing but refused to see the other end of internet.
hero member
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Bitcoin Casino Est. 2013
Let us admit the fact that gambling business will really give good revenue to the government. Besides, gambling is already innate to humans. So this is hard to eradicate in human's system.
Even if I am not working in the government but still, I would do the same what the government did to earn money from casinos. As you have said, gambling is already innate to humans where people already gamble for many years which I am sure you are aware of it. Since it is hard to stop people from gambling, in my opinion is that the best solution as of now regarding gambling is to allow those who follow the rules set by the government and vice versa. If you ask me, it's kind of win-win since people can start a casino plus gamble and government receive good revenue from it.
hero member
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Recently, in the year 2024, the brazilian government saw a large source of money coming into online casinos (since physical casinos are prohibited by law), and since then, so as not to make this post too long... the brazilian government had the "brilliant" idea of requiring that any casino that wanted to operate in brazil would have to regularize itself and follow the country's rules, or its website would be blocked.
Regulated casinos are for profit to the government and advantage to the people. The government makes money from the taxes they pay and the people are protected from those rogue unregulated casinos. The people can easily sue them for any bad practices. It also has the advantage of reducing gambling addiction to a certain level. Not everyone will be able to access these regulated casinos because those with illegal practices would have left and those that are regulated will because of their increase cost because unattractive to the gambler.
legendary
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It does have some result although it's not completely stop gambling that's why many governments did not ban gambling and make profit from those who created a casino either online, physical or both online and physical. You may say that it did not result in anything at least they did something even though it is not a complete success until they will find a way to make their aim achieve. In my country to be honest, there are still an illegal casino both physical and online that are seized by the government unless they let the government regulate the casino.

Let us admit the fact that gambling business will really give good revenue to the government. Besides, gambling is already innate to humans. So this is hard to eradicate in human's system. So whether the government will ban or not, gambling will continue to operate. Some of them will operate in the black market if their government will be strict about their business.
legendary
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Leading Crypto Sports Betting & Casino Platform
Recently, in the year 2024, the brazilian government saw a large source of money coming into online casinos (since physical casinos are prohibited by law), and since then, so as not to make this post too long... the brazilian government had the "brilliant" idea of requiring that any casino that wanted to operate in brazil would have to regularize itself and follow the country's rules, or its website would be blocked.

As a result, users are preferring to use unregulated casinos (they access the casino website outside of brasil via VPN or other methods) and are able to get better and more attractive odds than regulated casinos that pay high taxes to the government... as these pass on the costs of taxation, licensing, etc. to users, while unregulated casinos don't need to pass on additional costs and for this reason are more attractive to users because they offer better odds!

This just shows that no government in the world understands the internet and how it works. The internet exists for this reason (it was originally created for this). In cases of government censorship, the internet is a communication protocol that is resistant to any type of censorship. Even though some casinos are banned from being accessed by brazilians, it is still possible to get around this ban via VPN and the like.
To me, every VPN user seems to think that they are smarter then everyone else, thinking that they have cracked the code. In brazil, i am sure it's normal that people haven't yet faced any consequences for their actions, because regulations are so new. But don't kid yourself that that wouldn't happen in the future.

Trusting unregulated casino is probably a bad idea. Eventually there will become a time where that casino gets to confiscate your cryptos. And it won't be a scam, even if you see it that way. They can always say that they are obligated by law to freeze your assets and no law will protect you, because you were the one breaking them by hiding your citizenship.

Another scenario is even when you get to withdraw the crypto, in the future with larger amounts, FATF is going to make spending it way more difficult. It might seem like a distant dystopia, but it's definitely happening.

You might feel untouchable now, but new regulations are slowly moving change and enforcing them will get more efficient in time. And when they do get efficient with it, you might need to retrospectively pay in many ways you were prepared to.
hero member
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Bitcoin Casino Est. 2013
It does have some result although it's not completely stop gambling that's why many governments did not ban gambling and make profit from those who created a casino either online, physical or both online and physical. You may say that it did not result in anything at least they did something even though it is not a complete success until they will find a way to make their aim achieve. In my country to be honest, there are still an illegal casino both physical and online that are seized by the government unless they let the government regulate the casino.
hero member
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Metawin.com - Truly the best casino ever
Recently, in the year 2024, the brazilian government saw a large source of money coming into online casinos (since physical casinos are prohibited by law), and since then, so as not to make this post too long... the brazilian government had the "brilliant" idea of requiring that any casino that wanted to operate in brazil would have to regularize itself and follow the country's rules, or its website would be blocked.

As a result, users are preferring to use unregulated casinos (they access the casino website outside of brasil via VPN or other methods) and are able to get better and more attractive odds than regulated casinos that pay high taxes to the government... as these pass on the costs of taxation, licensing, etc. to users, while unregulated casinos don't need to pass on additional costs and for this reason are more attractive to users because they offer better odds!

This just shows that no government in the world understands the internet and how it works. The internet exists for this reason (it was originally created for this). In cases of government censorship, the internet is a communication protocol that is resistant to any type of censorship. Even though some casinos are banned from being accessed by brazilians, it is still possible to get around this ban via VPN and the like.
I think that when it comes to casinos, governments do what the majority of people would like to hear, not what's the most beneficial deal from the situation. It's financially worse to block casinos, especially online casinos because it's easy to download a VPN and bypass geolocational restrictions. If people won't be able to gamble on many popular crypto casinos, they'll be able to gamble on some like Freebitco and l0tt0.

Politicians who are in government don't understand how the internet works. In my country, they don't even understand how smartphones work, their teenage kids help them with their smartphones and they hire people to manage their social media channels. Politicians do most of these things in order to get votes for the next elections from people who value things like this over things that will be really the best solution to the problems. They did the same in my country too and it was a very stupid decision because now instead of local casinos, foreign online casinos are getting money from people.
sr. member
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As long as cryptocurrency is in operation and being used by casinos, there is little government the government can do to hinder the operation of casinos. The power of the government is limited to fiat payment systems and never cryptocurrency as has been demonstrated on several occasions. So, the will not be able to stop casinos that accept cryptocurrency because like you said, vpn and even the mobile app of casino that have app will render the effort of the authorities useless.
legendary
Activity: 2688
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Doesn't matter, but at least the government is working

I'm a gambler, but seeing people who are gamblers are coming from a family who earn bellow average and don't have any good income. It's makes me sad, and follow or supported the government movement. IMO, any local people should be ban or making hard requirement to gamble. They could be accepted gambling or physical casino in brazils but with condition (local people, will have a hard time or restricted to gambling).

Meanwhile, focused on tourist not the local. Singapore have these rules, and is work (their citizen/people are not quite addicted about gambling).
hero member
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I want to believe that as long as there's a way to evade any sort of ban or country-wide website lockup, people will always take that route. Could remember when X (formerly twitter) was banned in my country. Everyone just installed VPNs and life went on.

The internet is moving towards a level that no one government can completely ban or keep their citizens away from a website or service. As long as there's a way to exploit it, 90% sure it would be exploited.
legendary
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And if something bad happens with the casino, like any scam from the casino, it will be very hard to be able to get back anything.  
This is the risk you take when accessing casinos that aren’t regulated by your country. Most citizens know what they’re getting into and are willing to accept the risk as long as they can keep gambling. In other words, the government is just making a fool of itself. Their restrictions don't really work because people always find a way around them. Now, it seems like they're starting to regret their decision, as their actions are falling flat.
hero member
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Leading Crypto Sports Betting & Casino Platform
In as much as the internet also makes provision for all of the options to explore to start your way around  restrictions such as this, we should  not fail to remember that there are consequences which could  be a huge problem to us at some point if we continue with such bypass,  the task and levies on this casinos  and the gamblers at some coube high and outright the advantage remains that you still get some advantages which you don't when using the unregulated casinos.
hero member
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VPN is just a tool that is built to help people in this type of situation and also to protect your privacy a little bit. The only thing here is just that using a VPN for casinos that are against VPN usage might result in the player losing everything when detected. From the government, you won't have any issue as you have bypassed their restrictions, but the casino can always take advantage of such users.

It depends on how strictly the government enforces the law. If using a VPN is illegal and they crack down, you could get into serious trouble. Also, if you win big, the casino might block your account or pull a selective scam since you're already breaking the rules and have no way to complain.

On the other side, casinos care about profits. They might overlook VPN use as long as the money keeps flowing, keeping their reputation intact. So it's a trade-off between legal risks and the fact that casinos really just want your cash.
hero member
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Just as I thought... when there are so many online casinos operating under loose regulations, countries that ban online gambling end up making policies that are, well, pretty silly and easy to bypass. There really needs to be global cooperation among all the licensing providers to make sure only authorized casinos are allowed. If casinos from banned countries slip through, it means the whole system isn’t working.

Under the current setup, it seems this country has no choice but to revise its laws. They should allow citizens to access online gambling and let casinos operate legally under proper regulations. That way, people won’t have to use VPNs to get around restrictions, making everything safer. And, the government would benefit from the tax revenue. In the end, it could be a win-win for everyone involved.
I see advertisements for regulated casinos here, both on open TV and on the internet, they puff out their chests to say that "we are a regulated casino", as if this were an advantage... this keeps me away more than it attracts anything, political imprudence is inverting what is really advantageous or disadvantageous, distorting the entire understanding of how an economy works in very regularized environments.
It's pretty normal since only regulated casinos are allowed to advertise those kinds of offers. However, the country's decision to ban online casinos is really off the mark. By doing so, citizens are forced to turn to unregulated sites, which puts them at a much higher risk. If someone gets scammed on one of these shady sites, there's no government to back them up because they're technically breaking the law by accessing these platforms.

In other words, the ban might seem like a protective measure, but it ends up pushing people into riskier waters.
sr. member
Activity: 728
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This just shows that no government in the world understands the internet and how it works. The internet exists for this reason (it was originally created for this). In cases of government censorship, the internet is a communication protocol that is resistant to any type of censorship. Even though some casinos are banned from being accessed by brazilians, it is still possible to get around this ban via VPN and the like.
VPN is just a tool that is built to help people in this type of situation and also to protect your privacy a little bit. The only thing here is just that using a VPN for casinos that are against VPN usage might result in the player losing everything when detected. From the government, you won't have any issue as you have bypassed their restrictions, but the casino can always take advantage of such users.
hero member
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It's the same thing in other countries
Yeah very well in most countries around the world, online casinos and gambling sites are hardly in regulatory compliance each of the government's hostile approaches to the regulation of online gambling sites is left for those casino users to easily abuse regulatory laws if their fines are a way to do that.

Vpn usage and other manipulative practices by some smart gamblers who become abusers of such regulatory lipholes
legendary
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It's the same thing in other countries and you don't even need to use VPNs, usually you can circumvent DNS restrictions from the authorities by just using DNS-over-HTTPS features from browsers or operating systems. But even if citizens are able to find ways to get around restrictions, unlicensed foreign casinos are still not allowed to make any advertising in the said country. And if something bad happens with the casino, like any scam from the casino, it will be very hard to be able to get back anything.  
hero member
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Duelbits - Play for Free | Win for Real
Just as I thought... when there are so many online casinos operating under loose regulations, countries that ban online gambling end up making policies that are, well, pretty silly and easy to bypass. There really needs to be global cooperation among all the licensing providers to make sure only authorized casinos are allowed. If casinos from banned countries slip through, it means the whole system isn’t working.

Under the current setup, it seems this country has no choice but to revise its laws. They should allow citizens to access online gambling and let casinos operate legally under proper regulations. That way, people won’t have to use VPNs to get around restrictions, making everything safer. And, the government would benefit from the tax revenue. In the end, it could be a win-win for everyone involved.
I see advertisements for regulated casinos here, both on open TV and on the internet, they puff out their chests to say that "we are a regulated casino", as if this were an advantage... this keeps me away more than it attracts anything, political imprudence is inverting what is really advantageous or disadvantageous, distorting the entire understanding of how an economy works in very regularized environments.
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