I do not know why OP is worrying about only casino owners because when a government is about to ban gambling in a country, it would affect both casino owners and gamblers as well. But, OP sounds like he is concerning only about the gambling house owners. I guess owners must be big rich people and they may move to other countries to continue their business whereas people who relied on gambling may not get such switching opportunities but may enter into new type of thing for surviving.
Gambling income cannot be a steady one hence both owners and common gamblers should not depend on the income stream from gambling. When they keep gambling as a part time or one of the income source then there will be less impact when governments about to ban it.
Topic: What will be the Faith of Casino business owners? - page 3. (Read 2720 times)
If the propose Public Amendment of Gambling Law to BAN Casino come to pass what then will be faith of those who are benefiting from casino business related activities https://dailyasianage.com/news/199020/amendment-to-gambling-law-to-ban-casino
Assuming Casino gambling is banned globally, the fate of the Casino business owners will be looking for new venturs and establish a new career path. There is not much mystery behind their fate. They will continue to live on their new business establishement practice. It is not the end of the world for them, there are lots of opportunity to venture, it is up to them on which one they will take.
If the propose Public Amendment of Gambling Law to BAN Casino come to pass what then will be faith of those who are benefiting from casino business related activities https://dailyasianage.com/news/199020/amendment-to-gambling-law-to-ban-casino
I am pretty sure that they are not just relying on the casino's that they have. Casinos are very big business that provides very huge profits to them. Whenever in case they need to let go of the business, they have assets to control and make profits. So far, cryptocurrency betting platforms seems very safe from regulations that might lead them to shut their business down.
You cant do anything about it since this had been always part of the reality.Casinos or gambling places are a big industry business due to these addicted
gamblers who do keep feeding up its owners making themselves rich due to their bad habits towards gambling.
If the propose Public Amendment of Gambling Law to BAN Casino come to pass what then will be faith of those who are benefiting from casino business related activities https://dailyasianage.com/news/199020/amendment-to-gambling-law-to-ban-casino
I am pretty sure that they are not just relying on the casino's that they have. Casinos are very big business that provides very huge profits to them. Whenever in case they need to let go of the business, they have assets to control and make profits. So far, cryptocurrency betting platforms seems very safe from regulations that might lead them to shut their business down.
If the propose Public Amendment of Gambling Law to BAN Casino come to pass what then will be faith of those who are benefiting from casino business related activities https://dailyasianage.com/news/199020/amendment-to-gambling-law-to-ban-casino
They might need to find another platform or business where they can put the funds. Or else, continue to work anonymously in a newly establish betting platform or casino online. But as far as I know, most of the online casino and betting sites owners are already anonymous, with regards for them, they probably have a way nit to be detected so they can still operate online.
Casino is their business and they earn huge amount of profit from it. Casino owner always try to make his casino famous among all gamblers so they will join and be part of them. Casino owner always think about profit for this they introduce new techniques of gaming and betting, i think for crypto betting people gets more safety alliances.
I don't think you are completely right on this, there are a lot of casino owners that do not completely depend on their casinos as their only source of livelihood. Casino business is a profitable business quite alright but every business person always has an alternative source just in case something bad happens to one which is not what they wish or even pray forIt has more to do with a business or entrepreneurial mentality
So it is not so much about looking for another source of income (though it can be construed in such a way since any successful business brings in dough) as about realizing this or that interesting project. If you are one of them, after you bootstrap one project and make sure it can run without you constantly sticking around (so-called micromanagement), you will soon start looking in a different direction, for something new and refreshing
It's Bangladesh, what were they expecting. It'll be better for them to start wrapping up operations before all the arrest intensify. Either they start laundering that money into more acceptable businesses or they move operations online. Operating a physical casino would become risky. They also can't lobby for regulation since it's an Islamic country.
They've had their fun, now time to move on. Better exit while they still can.
They've had their fun, now time to move on. Better exit while they still can.
Casino is their business and they earn huge amount of profit from it. Casino owner always try to make his casino famous among all gamblers so they will join and be part of them. Casino owner always think about profit for this they introduce new techniques of gaming and betting, i think for crypto betting people gets more safety alliances.
I don't think you are completely right on this, there are a lot of casino owners that do not completely depend on their casinos as their only source of livelihood. Casino business is a profitable business quite alright but every business person always has an alternative source just in case something bad happens to one which is not what they wish or even pray for. I am completely sure that the majority of gambling operators we have would just move on with their lives if anything or law happens that goes completely against gambling operation. They might feel depressed at the earlier stage but it will definitely not mean the end of life for them.
Moreover, gambling is not something that needs to be hidden. It is not a threat to anyone’s life for sure
That depends on your particular circumstances
More specifically, I'm not sure that you would like to be open and upfront about your gaming (gambling) activities if you happened to live in Saudi Arabia, North Korea, or Iran (not sure about Iran, though). But even if you are lucky to live in a more "democratic" country, you should still be cautious and careful about telling the world about what you do as it could raise certain questions from, say, tax authorities as to the source of your income (even if gambling itself is not prohibited)
Actually, that can be done very easily
You just need to look at it from a different angle. Since Las Vegas casinos are all heavily regulated, they have to conform to the rules so that their money flows can be monitored at all times. In this way, you gamble away a certain amount of cash (you don't even need to lose it, just to stake it), and then they can look through your stakes and compare them with the numbers in your income tax form (declaration). So if there are any discrepancies between the amounts you spend gambling and your declared income, that will instantly set off alarm bells as to the source of all that money you blow on girls, drugs, alcohol and what not in Las Vegas
If the propose Public Amendment of Gambling Law to BAN Casino come to pass what then will be faith of those who are benefiting from casino business related activities https://dailyasianage.com/news/199020/amendment-to-gambling-law-to-ban-casino
There is no way that the casinos will be stop because if casino is not legal then those casinos that are operating in a underground must be stop and stop to operate but if the casino are legal and paying taxes then there would be no any reason that the casinos may stop on operating. It would also be good if the casino owners are operating Business only so that would be not be able to stop nor ban casino. Having a business of casino not necessarily to stop because the owners are just building their businesses. It's a country to country basis, our casino here is being run by the government to sustain infrastructure project, and Muslim are only a minority here, so I don't see our government following other country's lead of banning casino, our government will not and cannot kill a goose a golden egg, we need funding because we are a growing and developing country.
That’s what a good government must do,just like the saying “If you can’t Hit them,Join them” we all knew how hard to stop gambling because this has been rooted from generations to generations so if you stop this you also stopped the traditions Then why not just let them operate but following rules and paying big taxes so the economy and people will benefits
And also if a casino is making a big difference in the country, why would their government have to close it. It's like throwing your own food even though you are hungry.
The article seems to be talking about a specific country. Laws of a country is only applicable for the country. They won't be applied world wide! So, the ban of casino in that country means it has been banned over there. Not through out the whole world. Even the citizen of that country can gamble in some other country.
The ban won't effect anyone other than the people of that country. So there is nothing to worry about.
The ban won't effect anyone other than the people of that country. So there is nothing to worry about.
Moreover, gambling is not something that needs to be hidden. It is not a threat to anyone’s life for sure
That depends on your particular circumstances
More specifically, I'm not sure that you would like to be open and upfront about your gaming (gambling) activities if you happened to live in Saudi Arabia, North Korea, or Iran (not sure about Iran, though). But even if you are lucky to live in a more "democratic" country, you should still be cautious and careful about telling the world about what you do as it could raise certain questions from, say, tax authorities as to the source of your income (even if gambling itself is not prohibited)
It's a country to country basis, our casino here is being run by the government to sustain infrastructure project, and Muslim are only a minority here, so I don't see our government following other country's lead of banning casino, our government will not and cannot kill a goose a golden egg, we need funding because we are a growing and developing country.
That’s what a good government must do,just like the saying “If you can’t Hit them,Join them” we all knew how hard to stop gambling because this has been rooted from generations to generations so if you stop this you also stopped the traditions Then why not just let them operate but following rules and paying big taxes so the economy and people will benefits
If the propose Public Amendment of Gambling Law to BAN Casino come to pass what then will be faith of those who are benefiting from casino business related activities https://dailyasianage.com/news/199020/amendment-to-gambling-law-to-ban-casino
I am pretty sure that they are not just relying on the casino's that they have. Casinos are very big business that provides very huge profits to them. Whenever in case they need to let go of the business, they have assets to control and make profits. So far, cryptocurrency betting platforms seems very safe from regulations that might lead them to shut their business down.
It's a country to country basis, our casino here is being run by the government to sustain infrastructure project, and Muslim are only a minority here, so I don't see our government following other country's lead of banning casino, our government will not and cannot kill a goose a golden egg, we need funding because we are a growing and developing country.
If the propose Public Amendment of Gambling Law to BAN Casino come to pass what then will be faith of those who are benefiting from casino business related activities https://dailyasianage.com/news/199020/amendment-to-gambling-law-to-ban-casino
I am pretty sure that they are not just relying on the casino's that they have. Casinos are very big business that provides very huge profits to them. Whenever in case they need to let go of the business, they have assets to control and make profits. So far, cryptocurrency betting platforms seems very safe from regulations that might lead them to shut their business down.
Although the government proposed a law about banning casino it will never stop because casino is also a group of companies or industry as casinos are paying their taxes to the government their will be no reason that it will banned. Casino is a business so when the government ban it then probably they will lose the tax of those casino business, it is all just based on money if the government controls it then they will not close those casinos. So the casino business owners will still continue to operate casino so their would be a proper place we can bet our own money.
No, you are wrong. Once the government implements a law that to fully stops of operation in all gambling casino it should be implemented.Unlike if you are in an online gambling casino and using bitcoin as a fund to deposit you can bypass the internet via VPN. But if in my place banning gambling I prefer to obey the law than opposing them because once you have been caught and you put in jail it's useless. This is sad if you are in country that prohibits gambling.
Although the government proposed a law about banning casino it will never stop because casino is also a group of companies or industry as casinos are paying their taxes to the government their will be no reason that it will banned. Casino is a business so when the government ban it then probably they will lose the tax of those casino business, it is all just based on money if the government controls it then they will not close those casinos. So the casino business owners will still continue to operate casino so their would be a proper place we can bet our own money.
Moreover, gambling is not something that needs to be hidden. It is not a threat to anyone’s life for sure
That depends on your particular circumstances
More specifically, I'm not sure that you would like to be open and upfront about your gaming (gambling) activities if you happened to live in Saudi Arabia, North Korea, or Iran (not sure about Iran, though). But even if you are lucky to live in a more "democratic" country, you should still be cautious and careful about telling the world about what you do as it could raise certain questions from, say, tax authorities as to the source of your income (even if gambling itself is not prohibited)
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