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.

Since this topic is about the history of the development of gambling in the world as humanity develops, an interesting question arises - when did people begin to use gambling in order to "launder" money.
I don't think it was in the Middle Ages when income control was either non-existent or minimal. I think that all these machinations for money laundering began somewhere at the end of the 19th century, when the tax services developed and began to work effectively.
And what do you think?
Is this the case or the process has a longer history???