Post
Topic
Board Gambling
Re: Regulations & Gambling projects
by
Coin_trader
on 14/10/2022, 13:41:18 UTC
just to be clear when you say "gambling project" you mean gambling casinos, right?

I don't know about "years from now" since, as far as I know, all casinos that have a license are already regulated, that includes Roobet.com and other casinos that have a license. are you perhaps talking about stricter regulations that gambling sites will have to follow? anyway, if you are thinking of gambling casinos will be affected by stricter regulation, yes, they will, but I don't the effect will necessarily be a bad thing.
AFAIK, regulations are made to improve the service of the casinos and of course to strengthen the security of the gamblers. So if those casinos have their hidden agendas towards their players, most likely their games are rigged or whatsoever, then they will surely be affected by those strict rules and regulations imposed by the government. However, for most of the reputable casinos that are strictly following the rules, I don’t think they’ll be affected by it as it could mean they will build more trust from the gamblers themselves.

To be clear. Regulations is imposed so that casino and its consumers will surely following the law while operating and playing in the casino. This includes making sure that customers is not doing money laundering and at the same time to make sure that casino doing a fair service that safe for its consumer. Also tax is the number one agenda for this regulation. Regulators just want to make sure that no one is using the casino to dodge taxes that illegally operating on certain country which there license has no power on that country jurisdiction.

Regulation has a very wide range of purpose and benefit but they are just imposed to protect consumers and make that casino is paying taxes properly.