Rio de Janeiro (AFP) – Brazilian authorities on Friday began closing down more than 2,000 betting sites, including those that sponsors popular football team Corinthians and other first division clubs, as part of a push to regulate online gambling.
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Brazil ordered the closure of 2000 betting sitesWhat do you guys think, is it the right step? What will the government lose or gain? What will the citizens lose? Will the closed websites cooperate? Many might want to take their business elsewhere as they like to operate where the regulations are weak.
Do you think Brazilians would cooperate with the government? Some may think of VPNs to bypass the government's restrictions, but this might put them into trouble with casinos. I wonder how many of them know this.
It takes a bold step to do this and it looks like some countries are now waking up. Regulation is important in the gambling sector, it's better not to have gambling outlets at all than to have them do as they like without proper accountability and even pocket all the money without giving the government what is due to them. As for the government, the tax due is not justified if not used properly, sensitises/educates the people about gambling and protects the rights of the citizens/residents.
I love it when I read
this, which shows the government's seriousness in collaboration with licensed casinos/sportsbooks.
In the end, the license is very important for every casino that wants to operate because the government has begun to realize the growth of the gambling industry and a lot of money in gambling, so regulation is very important for the common good, even though we know taxation is also very important as a source of state revenue, so they do this very firmly on every casino that does not comply with regulations, closing the site is the right step if using the government's perspective, wrong and right when assessing this is whether the casinos that are closed have been given the opportunity to register their business in order to get certification to have an operating license, if they have had the opportunity before the closure is carried out then it is the right step, but if they are not given the opportunity of course it is an inappropriate step.