Quote from: Stalker22 on September 13, 2022, 08:34:33 PM

Quote from: Unsoldier on September 13, 2022, 12:46:11 PM

Quote from: virasog on September 12, 2022, 03:48:53 PM

That is known to everyone that gambling addicts need more money to gamble and there they have two options. Some of them lend and borrow money in order to gamble while more criminal minded people do anything illegal to get the money for gambling. In both cases, we never know if those gamblers were able to recover their money and made a profit out of it. Steps like these will make them lose more and eventually they will have no option left but to suicide.

I have heard many stories about people making money by criminal means. Very often they try to lose this money in casinos. Stolen money is easy to get and easy to get away with. The sooner the criminal gets rid of the extra money, the less trouble he will have with the law.

That makes absolutely no sense. They are not trying to "get rid" of their money, it is called money laundering. In effect, money laundering is when a person or entity seeks to mask the source of money obtained through illegal activities by moving it into assets and investments that are considered to be legal.

Here is a hypothetical scenario. What if you made illegal money through cybercrime, white collar crime, stolen property sales etc. and then you go to play roulette at your favorite casino. The possibility is that you will lose many times but you will win at some point and the money you win will no longer be connected to criminal activities, and no one will ever know the real source of your money. As the casino has no way to track the origin of your money, it will definitely let you cash out your legally earned winnings.

It is because of this that at least in the United States the majority of the casinos before the 70s were owned by the Mafia, casinos were the perfect way for them to laundered the money they got from selling illegal drugs.

After all they could claim that their casinos have obtained millions of dollars worth of profits even if no one was gambling at their casinos as they could easily lie about this, I really think that this is one of the reasons why gambling has such bad reputation even if since then the gambling industry has developed all around the world and now is in fact generating incredible profits.