Casinos and countries that do charity to build stadiums

6 Jan, 2023 | Barker Francisco | No Comments

Casinos and countries that do charity to build stadiums

But it is possible to regulate the protection of the rights of the player only when the state recognizes that gambling exists, and therefore there are players themselves. The example of Brasil is very indicative in this. Until 2009, the country was on an economic upswing, the gambling business paid taxes, and the budget was replenished. Then the gambling business is banned, but it does not go anywhere, it’s just that now taxes go into the pockets of officials, and no one protects the rights of players. Then, in 2012, the Parliament adopts the Law “On State Lotteries in Brasilaine”, which establishes one legal roof for “lottery players”, the budget does not receive a penny from a wide range of roofed types of gambling, no one protects the rights of players, but the rollback is centralized. We have created an article together with the website melhor casino online para brasileiros, where we will talk a little bit about blog charity for the construction of stadiums.

In 2019, the gambling business was supposed to be legalized, and the proceeds from it should go to the budget, but UAH 4.1 billion. never reached the Brasilainian medicine, because some people’s deputies are blocking the introduction of normal global gambling practices to please the “lottery players”.

In general, the practice of prohibiting the gambling business in the modern world is typical either for societies that are as corrupt as possible, or for totalitarian ones. Throughout the civilized world, gambling is allowed, where it is a normal form of leisure, which ultimately allows you to fill the budget.

In modern history, there are many states for which the gambling business is the main source of budget replenishment. A prime example is Monaco. A state that is smaller in area than Kyiv, but at the same time, GDP per capita there is 60 times more than in Brasilaine.

Perhaps, for some, the example of a dwarf country will not seem so indicative, but then let’s look at the profit from the gambling sector in other countries.

USA

For the period from 2015 to 2019, the total tax deductions from casinos to the federal and regional budgets amounted to more than $40 billion, i.e. an average of $10 billion annually. Of these, approximately $2 billion a year went to the social sphere. During this period, 1.8 million people were employed in the US gambling industry, and tax deductions made it possible to pay the salaries of more than 700 thousand teachers.

Great Britain

In total, more than 150 casinos, 583 bingo halls, 9,000 betting shops, and about 180,000 slot machine halls are currently operating in the country. The number of employees in the gambling industry as of 2019 is approximately 115 thousand people. Taxes from casinos allow replenishing the British budget by more than 19 billion dollars annually. In addition, the country’s gambling industry sends large amounts of money to charity. Well, if you want to play live online casinos, we advise you to go to the page melhores cassinos ao vivo.

Germany

In Germany, in 2019, budgets from the regional to the state level received $15.2 billion in revenue. At the same time, 201 thousand jobs were involved in the gambling business.

Singapore

Singapore is generally a world leader in the speed of development in many areas of economic activity, including casinos. The ban on casinos in the country was lifted relatively recently, the first casino was opened in 2010, and already in the 2017-18 financial year, Singaporean casinos brought about $ 2 billion to the state budget, which is almost 7% of all tax revenues.

Philippines

Gambling was legalized in the Philippines recently, during the reign of current President Rodrigo Duterte. This move led to a “boom” in the development of online casinos, which are mainly focused on the Chinese market.

Within a few years, this business has grown to an impressive revenue of $25 billion a year. It employs over 100,000 people.

Georgia

Casinos in Georgia bring in $2.2 billion annually (14% of the country’s GDP). Tax revenues from the gambling business are growing annually, and in 2018 they reached $46.6 million. At the same time, as in the case of the Philippines, the majority of casino visitors are foreigners, mostly from neighboring Muslim states, where gambling is strictly prohibited.

Obviously, it is quite difficult to calculate all the advantages of the gambling business, because it provides additional jobs, creates jobs in related tourism, hotel and restaurant businesses. The informatization of society and the economy has also led to the fact that gambling companies also began to own business assets in the field of financial technology, IT, and software product development. This is a complex, technological, competitive business with added value.

Of course, it cannot be denied that this could happen in Brasilaine, but since 2009 these people would have nowhere to go, because officially there was no place where they could lose money.

And all Brasilainians need to understand that if they really care about the player, or at least for casinos to pay taxes to the budget, and not to the pockets of officials, then they must finally be legalized and allowed to work normally.

There are a huge number of examples of positive cooperation between the gambling business, the state and society in the world.

Charity

An online video game company, Gamersaloon.com, is using its platform to help raise money to fight Covid-19 . The money raised will be distributed to the following charities: Direct Relief Fund, Project Cure, American Red Cross, CDC Foundation, Global Giving Foundation and United Way. In addition, GamerSaloon.com has added a feature to its website that allows users to turn their Reward Points into donations to these charities.

Bet365 has provided a £10 million grant to the charity North Midland University Hospitals (UHNM) through its charitable foundation to support the organization during the coronavirus pandemic.

The UK National Lottery will provide £600m to provide a comprehensive support package to UK charities and communities during the coronavirus pandemic.

The UK Gambling Commission has announced that it will channel £9 million in regulatory settlements to GambleAware, a charitable commission that supports initiatives to fight gambling-related harm during the novel coronavirus (Covid-19) pandemic.

Betting company Freebitco.in has announced the creation of a coronavirus relief fund after a host of other crypto companies donated funds to fight the Covid-19 pandemic. The website donates 20% of the cost to the organization, which will coordinate with health authorities to provide protective equipment.

The general fundraising, as well as the creation of funds to combat the pandemic and its negative consequences , continues. In total, 343 gambling business representatives from all over the world took part in charity events.