Quote from: danherbias07 on July 17, 2025, 04:48:03 PM

Quote from: batang_bitcoin on July 08, 2025, 10:11:37 PM

Countries where gambling is prohibited, it's possible that they have a lot of underground gambling. I think many of them are in Asia and they're the hotpot of gambling in there. But, these underground gambling areas are related or owned by syndicates so, it's kind of hard to get out of it when you've been bankrupting the house.

Quote from: Reatim on July 01, 2025, 05:40:01 AM

some politicians even use underground gambling to launder their polluted money

That is possible. Underground gambling or legal ones, they're the places where not just politicians launder money but also the syndicates and bad actors.

That's why it should be avoided to ban gambling in many countries, because these syndicates will probably be happy when it happens. They may have a place set up to deal with underground gambling, and as you said, there's no getting out when you are a winner, unlike the casinos that are abiding by the law.

If that happens, they will not get anything through taxes, and they will even spend more hiring investigators to find the underground gambling sites, which are probably too hidden to find.

Yeah, they're going to be the one that will run the business and even if they're going to be considered illegal. The huge profits that will come from it is going to go to them. They're going to miss a lot if they allow this to happen. And so, the other governments that are wise are coordinating with them and having a reconciliation that they need to be licensed and registered so that they are taxable and the government can also regulate them.