In this article you will learn about the main reasons for legalising gambling. Examples of the increase in profits in countries where this type of activity has already been legalised.
Benefits of Gambling Legalisation
Many Government figures are finding that legalisation of gambling is more profitable than its prohibition. It is more lucrative for them to control gambling activities than to give away additional income and fight crime . As it is in any case difficult to ban it completely.
The legalisation of gambling has been going on for several years now. It is being legalised not only in Western countries, but also in the East. This not only helps to combat the outflow of money to other countries, but also the economic crisis.
Decentralisation of the System
The first reason why they started to accept the laws on legalisation of online casinos was the fact that there were a lot of so-called “grey zones”. These are illegal establishments, which did not bring profit to the country. That’s why there was a lot of motivation for state officials to transfer part of the taxes to the state treasury.
The gambling market needs blockchain to be implemented sooner . As cryptocurrency gradually occupies all spheres of human life .
This technology will help to make gambling more honest and transparent for any user.The idea of blockchain is that all the data from players is stored in a decentralised database . Its part is on the device of each user. After adding new information, it is simply attached to the existing one. The information that is already in the database can not be changed.
With blockchain, all transactions will take place in a matter of seconds. The player has a choice of cells with the highest RTP. There is no hacking or cheating in this system.
When you make standard payments through the banking system there is a certain period of time when you can still cancel the action. When paying on the crypto markets there is no such opportunity. In addition, the bank, which is a third party in the system, will disappear from the chain.
Cryptocurrency is becoming more popular every year. In countries with a high level of development, it is even used in everyday life.
The legalisation of online casinos is a method of combating dubious establishments and controlling the data of the foundation. Crypto exchanges are good enough partners for all these solutions. It is better to cooperate with them because it is impossible to hack or get information from the database. So if online casinos are not legalised now, they will probably become anonymous in a few years.
Legalisation of Gambling in South America
For example, consider the countries of South America, where at the moment is actively growing the number of gamblers.
The first country on this continent was Peru. Since the legalisation of gambling, revenue has increased from $58 million to $147 million.
The Minister of Economic Affairs said that the income in the country is expected to increase each year by 43 million dollars.
The legalisation of gambling in Brazil is expected soon. Sports betting was nationalised in 2018. In Argentina, casinos are currently only legalised in some federal entities. In Uruguay, there will be a review of the law in 2023 with a view to legalising gambling. After that, there will be a new GEO trend to talk about.
Legalisation of Casinos in Thailand
At the moment, all types of gambling are prohibited in this country. Any violation of the law will be fined. However, the last 3 years the representatives of the law are actively trying to make this business legal.
Some propose to impose a 30% tax on gambling. Even with a very high amount of tax, the business will be very popular and demanded in the country. If ever gambling becomes legal, it is safe to say that Thailand will be a top country in gambling.
Legal and License Casino in Australia
If you’ve been looking for an honest place to play for a long time, Best Casino Mate in Australia is worth a visit. This is a platform that has managed to create a great combination of authenticity and modernity. Since its opening, it has grown rapidly and managed to reach a place in the top 5 best gambling establishments in Australia. Mate Casino offers a wide range of games and a unique gaming experience.
The platform was launched in 2011. It is constantly evolving and incorporating the latest technology.
Security and Legitimacy
A large number of the best world-renowned providers such as Evolution Gaming were attracted. These providers cooperate only with honest casinos. In addition, all games are tested by an independent company eCogra. Online casinos have passed all the tests due to the fact that all games use a random number generator. So no one except your luck will not be able to influence the outcome of the game.
To register on the website you must verify your identity. That is, provide documents that confirm that you are a person who is 18 years old.
Casino mate australia has an official licence Curacao. This means that the operator can legally provide all functions .
Gaming Lobby
The platform contains more than 1500 games . Here you can find different categories, known all over the world, such as :
- Video Slots;
- Classic games;
- Board games;
- Roulette ;
- Blackjack .
In addition to games that use a random number generator, there is a separate section of the Live Casino. This is where all the cards are shuffled and dealt by a live dealer. He is either in a specially equipped studio or in a land-based casino. You can watch the dealer’s actions closely. However, he cannot see you. You will be able to communicate with the other players via Game Chat.
Loyalty Program
Casino mate has a unique program which is available to registered players. In order to participate you need to apply to the customer support.
The conditions to get into the club:
- Try different types of games;
- Make regular deposits and withdrawals;
- Try to visit the platform more often and interact with it;
- All different ways to show loyalty, such as participating in tournaments, use promotions and bonus offers.
Many great offers are available to members such as quick withdrawals, great welcome bonuses, increased amount of withdrawals, special game offers, individual support agent.
Conclusion
Industrialised countries are restructuring their laws to start taxing online casinos. And developing countries are still considering their decisions in this area.
The results of legalisation in 2023 will be the subject of discussion at the end of the year. But it is already clear that the countries that move in this direction will definitely win the affinity market.
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