Quote from: Silberman on July 12, 2023, 04:49:54 AM

Quote from: Strongkored on July 10, 2023, 07:46:15 AM

The betting agent tries to take advantage of his customer because the more he spends, the more profit he will get from the customer, the betting agent has crossed the limits of what he should have done and now he accepts his greedy attitude. Because as a betting agent, he understand the risks of gambling and coupled with the risk of providing loans, which also have a risk where the debtor cannot repay the loan, and it could be that the betting agent is used to doing this, only this time he is dealing with a customer who turns out to have no financial ability and in the end he will lose his money. Important lesson not to take advantage of people for self-interest because the results can actually be detrimental to oneself

While this is common I still think this is wrong, I mean look at online casinos, they do not give loans to their customers and yet they are a thriving industry and it would not surprise me if they were generating now more profits than land based casinos, so trying to take advantage of gamblers in this way by giving them loans may work for a time and increase the profits of that casino, but I am sure there are many gamblers out there that if they found out this information they will decide to stop gambling at that casino out of fear this could happen to them.

Not wrong but it's risky on the side of the casino owner. What if the gambler won't pay and won't come back again on the casino? Gambling plus loaning is something that won't fit. It's a bad idea. For loans, there is already a separate company for that. They have special conditions to make sure that they won't lose big in the long run.

The cheap internet, gadgets which has the ability to connect to the internet and covid has made people more exposed online or to online casinos. No wonder why they are growing and seems to surpass the land-based casinos. When a gambler found out that a casino offer loans, the more they will play on there. It's the casino is the one who will experience a fear.