What will be the Faith of Casino business owners? - page 7.

Reatim

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Quote from: Bagaji on October 13, 2019, 06:46:44 AM

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

If you are a live casino player then you must be concern about this because this regulation is for your country only (Bangladesh] because this may result for banning and stooping of all gambling operation in that country

But if you are playing crypto gambling then you don’t have to worry because there are many ways to continue playing without government interruptions.surely you’ll enjoy the game but only online and without interaction with other people

Quote from: Strongkored on October 15, 2019, 01:19:32 AM

This could change in future because legislator will change and new legislator there is a possibility have different perspective from the previous legislator, and athe legislators will definetely see the changing times and make new regulation.

So how many times did you mentioned the word “Legislator”? Lol funny

This will surely change the legislations because that’s a government rules and everyone must obey for whatever reason they may have

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This could change in future because legislator will change and new legislator there is a possibility have different perspective from the previous legislator, and athe legislators will definetely see the changing times and make new regulation.

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Quote from: virasog on October 13, 2019, 06:53:20 AM

Quote from: Bagaji on October 13, 2019, 06:46:44 AM

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

This article does not cover the overall casino gambling business worldwide and it is only related to the Muslim country Bangladesh. Gambling is already prohibited in that area and government wants to shut down the illegal running casinos.

Quote

Article 18(2) of the Constitution of Bangladesh says, "The State shall adopt effective measures to prevent prostitution and gambling."Therefore, gambling is a illegal act but not business. Besides, Sections 3, 4, 13 of the Public Gambling Act, 1867, define gambling as a criminal and punishable offence.

Muslim is a really tight religion, especially when it comes to gambling. I wonder how big/small is the number of Muslim countries or people enggage in gambling/casino business. If the number is just too small I think the impact will not be that big. Gambling business is a huge business and it could be really profitable since most people like gambling due to the fact it had become part of our custom. This will greatly affect people from Bangladesh who enggages in gambling, they will have to abide to their law or they will face legal consequences.

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Quote from: Bagaji on October 13, 2019, 06:46:44 AM

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

Lol don’t bring to the world the problem of your country about gambling regulation because this issue is inside your government and must be discussed in your local section(Oops while checking there’s no section fo Bangladeshi,sorry fo that mate)

But even thy banned the gambling businesses in your country still you can play via VPN so nothing to worry about,not unless you prefer playing in live then that’s really a problem

fortunecrypto

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Quote from: Bagaji on October 13, 2019, 06:46:44 AM

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 don't think it will be embraced by every country, it is for Bangladesh only so this law applies to that country, and I don't think many countries will agree to do that, many countries rely on gambling revenue, to augment their budget, they are not going to kill their cash cow, so this law will have no effect whatsoever, this topic should not be in gambling but on local Bangladesh board.

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Quote from: virasog on October 13, 2019, 06:53:20 AM

Quote from: Bagaji on October 13, 2019, 06:46:44 AM

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

This article does not cover the overall casino gambling business worldwide and it is only related to the Muslim country Bangladesh. Gambling is already prohibited in that area and government wants to shut down the illegal running casinos.

Quote

Article 18(2) of the Constitution of Bangladesh says, "The State shall adopt effective measures to prevent prostitution and gambling."Therefore, gambling is an illegal act but not business. Besides, Sections 3, 4, 13 of the Public Gambling Act, 1867, defines gambling as a criminal and punishable offence.

Maybe the Op is from Bangladesh and not just by asking what will happen to the business owners but at the same time asking about the link. It is also about illegal running casinos will ban. If illegal casinos will ban then the profit of that owner will stop. That's it.
For sure, owners will also make another casino or I think they should build an online casino, it is better so they make their profit continues.

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Quote from: crzy on October 14, 2019, 02:24:53 PM

Quote from: Bagaji on October 13, 2019, 06:46:44 AM

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

If the Casino will ban, for sure the economy of one country will be hurt because Casinos creates a huge profit to then especially on the tourism side. Macau is the best example of this one, imagine if Casinos will be banned there I’m sure their economy will soon to die since Casinos and Tourism is there major source or income.

so the bottomline is it depends on which country you are talking about. the gambling law or regulations on this business vary from one country to another. they will assess what is the impact of this business on the overall economy. and if they have significant impact, i dont think that country will implement strict regulations.
lets accept the fact that gamblers will always find a way to gamble esp if they have the means to do it. they will just go to other regions where they are very much welcome.

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Quote from: Bagaji on October 13, 2019, 06:46:44 AM

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

Every country will be having its amendment related to each and everything. Following that will be the faith of the casino business owners, mostly they'll go for further hearing or appeals.

If there is no success only way is to shift the business to countries that provide support for the registered usage of gambling. You could find most gambling websites gets registered on countries where gambling is not banned or opposed by the government.

Some casino owners prefer to move into some other business. One such happened with directbet, they are the leader in the gambling with cryptocurrency acceptance. At some point they suddenly closed their service notifying they're shifting to new business and the business isn't disclosed.

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Like what others have already said this only covers actual casinos that are operating illegally in Bangladesh, still it doesn't relate to anything to the online gambling crypto casinos we have. The crypto gambling sites we know aren't illegal and most of them are licensed under Curacao and is recognized by a lot of countries as a legit licensed, this actually bypasses a lot of domestic laws as compared to them which have harder ways to obtain a license for online gambling. Even if domestically they don't have e-casinos their citizens are allowed to gamble with this crypto gambling sites not unless you are one of the countries specifically that restricts it like US. As far as I can tell this news doesn't really involved anything about cryptocurrencies at all.

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Quote from: Bagaji on October 13, 2019, 06:46:44 AM

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

If the Casino will ban, for sure the economy of one country will be hurt because Casinos creates a huge profit to then especially on the tourism side. Macau is the best example of this one, imagine if Casinos will be banned there I’m sure their economy will soon to die since Casinos and Tourism is there major source or income.

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Quote from: carlisle1 on October 13, 2019, 07:26:57 AM

i think Op is Bangladeshi and also a gambler that's why he is more concern about the bannings.but for me this is all about religion and not the totality of the country(i guess but if not still gamblers can play via online and VPN)

VPN is quite useful in any banning,those who really wants it will soon to find their way into it even religion tells them not to engaged in it. The only thing that conflicts gambling industry is religion since almost all religions are not favor in gambling, Muslim countries and etc. I don't think also it will affect crypto owners since there's only few allocation gamblers who allot their crypto in gambling some just uses free of websites or just portion of their earnings. The casino business owners if it's thru online will not be affected as long as their website is easy to use only those who owns physical casino establishments will be affected.

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Quote from: Darker45 on October 13, 2019, 11:12:02 PM

Quote from: Bagaji on October 13, 2019, 06:46:44 AM

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

The first line of the article is enough for me not to proceed reading it. "The economy of Casio..." An article should only be published after at least a couple of proofreading rounds. I though I was reading an article about the economy of the Casio brand of watch. Grin

Anyway, gambling laws vary from one country to another. Whatever amendment is done to the gambling law of a certain country will not affect the existing gambling laws even to its closest neighboring country.

Yes that's right. This should be concerned inside the countries jurisdiction and not to be generalized, though there's also chances that things like this might happen to several places where crypto is not being accepted or being treated as illegal currency.

Considering possibilities but still there's a big market behind it will depend to how the ruling government will foresee the future of this system.

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Quote from: Bagaji on October 13, 2019, 06:46:44 AM

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

@Bagaji why would this effect who own crypto based casinos, or even casino owners world wide as this ban would only be applicable for casinos registered and operating in Bangladesh. Even if their government will ban land based casinos, then also their citizens will always be able to play in crypto casinos, all they’ll need to do is install a VPN app and then they can begin playing. Now what will happen to Bangladesh casino owners well they can always migrate to neighbouring countries, and set up their base there and continue their business as usual.

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Quote from: Bagaji on October 13, 2019, 06:46:44 AM

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

Since this is local news it will not have an impact in online casino and casino at all, it's only for Bangladesh and we all know Bangladesh government is against gambling and Cryptocurrency, this should not have been in the gambling discussion at all, it should be in a local board because the topic is not general and only specific to one country.

iMark

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Quote from: nakamura12 on October 13, 2019, 09:10:53 AM

Quote from: pakhitheboss on October 13, 2019, 08:34:11 AM

Lawa won't stop a gambler to gamble. He or She will find option to gamble. Yes, religion does prohibits individual to gamble but, gambling is a religion for gambler 😄

I have friends from muslim countries who have been gambling sceretly online .

That is correct that a person from a country where gambling business is illegal so gamblers will find a way to gamble in any ways and no one will know. If ever a gambler can't access the site will then use VPN to be able to access it. Most people that can't access gambling site will use VPN so, there is a solution to be able to gamble.

That is the effort of a gambler when gambling is prohibited throughout the country, in fact there are ways to gamble anonymously on the internet, let alone using crypto. I think when the prohibition rules are made for gambling, it will not prevent someone from gambling, because there is still another way, thats the name "backdoor". Also for casino owners, they will certainly find other ways to open a casino, especially online casino is now very popular.

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Quote from: Bagaji on October 13, 2019, 06:46:44 AM

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

The first line of the article is enough for me not to proceed reading it. "The economy of Casio..." An article should only be published after at least a couple of proofreading rounds. I though I was reading an article about the economy of the Casio brand of watch. Grin

Anyway, gambling laws vary from one country to another. Whatever amendment is done to the gambling law of a certain country will not affect the existing gambling laws even to its closest neighboring country.

qwertyup23

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Quote from: Bagaji on October 13, 2019, 06:46:44 AM

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

The law that you specifically mentioned falls on the country on where it was implemented, thus not binding in other countries.

What some fail to recognize is that casinos are generally legal and functional subject to the provisions of the law. To be specific, in the Philippines, there is a government-controlled casino where it provides revenue for the country and job opportunities for the public. Although some consider it contrary to the morals, what the law recognizes is the benefit it provides to the people- the merits outweigh the burdens.

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Quote from: virasog on October 13, 2019, 06:53:20 AM

Quote from: Bagaji on October 13, 2019, 06:46:44 AM

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

This article does not cover the overall casino gambling business worldwide and it is only related to the Muslim country Bangladesh. Gambling is already prohibited in that area and government wants to shut down the illegal running casinos.

Quote

Article 18(2) of the Constitution of Bangladesh says, "The State shall adopt effective measures to prevent prostitution and gambling."Therefore, gambling is a illegal act but not business. Besides, Sections 3, 4, 13 of the Public Gambling Act, 1867, define gambling as a criminal and punishable offence.

Oh great thanks for sharing that republic act law, that can help,for those people blinded about the ignorant of the gambling law. In very country have an own republic act law implementing rules of regulations guidelines need to follow the owner of the gambling business.

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Quote from: Mahanton on October 13, 2019, 08:54:58 AM

Quote from: pakhitheboss on October 13, 2019, 08:34:11 AM

Lawa won't stop a gambler to gamble. He or She will find option to gamble. Yes, religion does prohibits individual to gamble but, gambling is a religion for gambler 😄

I have friends from muslim countries who have been gambling sceretly online .

You cant really able to stop people from gambling if they do really want to yet we know that there are lots of ways on bypassing any prohibition or restriction from our government

but just be sure that you wont really be get caught because if they spot you out then be ready for your explanation and excuses.There were religions that do prohibits gambling
but same as you said where there are people doesnt really care even though they do already committing sin according to their beliefs.

Religion has nothing to with gambling because every person has their will to do what they wanted to. We're humans and personal insticts comes out based on what understandings absorbed by our mind. Commiting sin isn't based by religion but through biblical explanations, and it's unappropriate when you judge a person based on his actions and not by whole being. Gambling is freedom to choose and it's open to all kinds of people regardless of belief or religious practices.

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Quote from: Bagaji on October 13, 2019, 12:51:41 PM

Quote from: YuginKadoya on October 13, 2019, 12:24:35 PM

Well, I guess it will not affect the crypto community and business owners would just make it even worse because I guess gambling is pretty sure ban in their country, Well this is an online casino but it does not indicate if they are using and transacting bitcoin and other currencies.

If you take your time to read my comment and the arcticle you wouldn't have mentioned how it will or will not affect crypto currency community in your submission above because I didn't mentioned crypto currency community. And to some other people who want me to edit my threat to suit their reply, I advise you guys to read very well before making contribution to threats for there is no where in my submission that world over was mentioned as regards casino Ban.

Well, you are in a bitcoin forum site, and here in the gambling discussion mostly all about the crypto-related discussion about online gambling well, if you would look on other people's post there are plenty of crypto word on their post because we are still in the midst crypto base related topic, but if that's the case your post have mention online casino that is using mobile app to play online gambling, that is why we all have thought that this might be a crypto-related matter, Well sorry if that is not the case.

But base on the subject, I guess Casino business owners in Bangladesh will surely be affected in my opinion, well if 90% in that place is Muslim and that religion is surely strict to the rules and laws of Islam then Gambling is a big no-no to them, and regarding the elements of gambling from their place Bangladesh will surely consider their faith over morality.

Topic: What will be the Faith of Casino business owners? - page 7. (Read 2792 times)