Quote from: believe in BTC on October 27, 2018, 12:22:43 PM

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Quote from: sunsilk on October 16, 2018, 09:16:37 PM

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And now in India this has been being considered which is good for them. It's either they can't fight with those anymore and they just have to embrace the industry so at the same time, they are going to make money out of those gambler's money.

There's big money on gambling and they are for sure going to get a lot of tax cuts there. Still they have some conditions on what games to legalize.

Then it's a win-win situation for them, and that's just the start. When a lot of businesses/casinos have started, it would still add to the funds coming from it. It's always going to be the ones who believe that prosper, even considering the risk of gambling. Just like you said, they would need to work some things out in the contracts on how they are going to go about it, but in the meantime, they should gamble. lol

For the government usually it is a win-win situation for them, they are would just give requirements and other setup of arrangements for those gambling businesses to operate. Now that gambling seems to be adopted there though with some restrictions.

I'm looking forward for the time where they will integrate and consider cryptocurrencies. As we know, crypto gambling is another big industry that they should include to be legalized.

It is and I think it's a tactic to have them illegalize gambling then up the price of making a casino, so it's, even more, a win-win situation. I'm not sure if there are bitcoin land casinos now, but I know there's a topic that I read here that a famous casino in Vegas started accepting cryptocurrency.

What I don't want, in my opinion, is that they try to control that is something for the people. The purpose that it is decentralized.

What would you expect from the government? They can make any decisions into things if they saw that it can benefit them.If they accept and legalized gambling on a particular country then its a good
thing for those gamblers out there who do play illegally or on shady ways. Government always have that win-win situation.If they saw that gambling business is on demand then they would allow it
and impose tax at the same time, then we would know on what would happen next.

There is a lot of money to be made from the legalization of gambling and sports betting and it's not surprising that the governments decision to make it legal. Because people are going to gamble whether it's illegal or not so why not make legal and get money from taxation.

Well, India have already legalized gambling but their level of legalization is different to others countries which have legalized gambling in the past due to India taking tradition with high extreme. Therefore, physical gambling was accepted everywhere while online gambling was only accepted in Sikkim and Telangana and two person was arrested today for operating an online gambling.

That is for the first time I am hearing about it. I think that in modern time most of the people have stopped plying gambling in casino, they now giving more preference to online gambling as compare to casino. I think that very soon india have to change their decision about online gambling.

India central government decision on crypto currency trading,buying and using will determine if the Indian government will change their decision because there's currently a lot of debating going on their concerning crypto currency. I won't be surprised though because Indian is a tradition country nothing to be expect in such country than the old fashioned ways.
Lets hope they totally legalized bitcoin.