Privacy settings

We use a number of cookies on our website. Some are essential, while others help us improve our portal for you.

Privacy settings

Here is an overview of all the cookies we use. You can choose to accept whole categories or view more information and select only certain cookies.

Essential (6)

Essential cookies enable basic functions and are necessary for the website to function properly.

Statistics (3)

Statistics cookies collect information anonymously. This information helps us to understand how our visitors use our website.
If the statistics cookies are subsequently deselected, they will remain on the computer until the expiry date. However, they are neither updated nor evaluated.

Online Casinos in general: Do not understand the meaning of the Money Laundering Act (Page 3)

Topic created on 24th May. 2018 | Page: 3 of 3 | Answers: 27 | Views: 6,088
Daniel
Elite

Do not understand the meaning of the Money Laundering Act

27th May. 2018, at 06:30 pm CEST#21
0 Likes

Nobody has liked this post so far
Bone wrote on 05/27/2018 at 5:36 pm: Yeah, not to misunderstand here, I think the laws are excessive too.

No, we are not misunderstanding each other. I'm only interested in how people should be able to launder money with the help of Online Casinos (so that it is no longer traceable). I also think that online casinos first cursed these laws and now use it to their advantage - at least bad online casinos.

This post has been translated automatically

s****e

Do not understand the meaning of the Money Laundering Act

27th May. 2018, at 07:49 pm CEST#22
0 Likes

Nobody has liked this post so far

The fact that casinos can launder money without attracting attention naturally opens the door to other speculations
to other speculations. And that's exactly what I mean. That is my conviction,
that they can and will cheat in other ways.

Either the authorities and supervisory bodies are bribed, or they are clever about it.
How else do you explain money laundering?

No matter how, there is still a lot of room for further fraud...

This post has been translated automatically

Knochen
Elite

Do not understand the meaning of the Money Laundering Act

27th May. 2018, at 07:55 pm CEST#23
0 Likes

Nobody has liked this post so far
This is total nonsense. Even if an OC were used to launder money, which is difficult since it's not a cash business, that would not give any indication that there is other fraud going on. Maybe a mafia launders its money with an online casino. In addition, the mafia would not only have to own the OC, but also the game manufacturer, since the games run on their servers. The whole thing would be a coordination masterstroke, all random generators would have to be bypassed and authorities bribed, in addition algorithms written that know when a player shows which behavior and accordingly must win or lose so and so much. This is utopian and more improbable than the theory that we reptiloids from the distant galaxy Alpha Centauri are infiltrated and ruled.

This post has been translated automatically

s****e

Do not understand the meaning of the Money Laundering Act

27th May. 2018, at 08:56 pm CEST#24
0 Likes

Nobody has liked this post so far
It doesn't seem so difficult after all if quite a few OC do it
They wouldn't, they will. That is the small difference.
And again I have to tell you: research first, then answer.
Your half-knowledge is really the hit!

Read through this, even if it does not fit into your perfect world!

https://www.derstandard.de/story/2000066274164/sumpf-aus-korruption-und-geldwaesche-malta-wird-zum-eu-problem

https://www.casinoonline.de/nachrichten/mafia-nutzt-casinofirmen-fur-geldwasche-9861/

It was a masterstroke at VW, too: software that recognizes when it's in a testing situation.
Was it possible - yes
Where more money can be made, nothing is impossible for the time being.
Of course, there is no further evidence for the time being. But if a casino is involved in money laundering it,
it usually has more on its plate.


Bone, you can continue to believe that the OC are satisfied with the 3% per spin.
I so don't care what you think.

Maybe your mom has been telling you all too long about a perfect world, I don't know. I don't know where your
extreme defensive attitude of OC comes from. But it is completely naive and stupid.
Continue to rely on Malta and the MGA!

This post has been translated automatically

Knochen
Elite

Do not understand the meaning of the Money Laundering Act

27th May. 2018, at 09:05 pm CEST#25
0 Likes

Nobody has liked this post so far
I don't rely on anything controlled by chance at all, that's stupid. I quite like to keep control. That's why it's relaxing for me to indulge in randomness from time to time and not have any control at all. I think the main problem for many players is that they can't handle it at all. There is not a single proof that OCs cheat. There are of course many disappointed and frustrated gamblers, they existed already 200 years ago in roulette. you should read "The Gambler" by Dostoyevsky if you haven't already.

I don't like how unethical many casinos are, how they have problems with paying out wins but on the other hand accept every Deposit without hesitation, with what kind of rules and conditions the players are screwed etc. but fraud is something completely different. I am sure that this whole industry is not built on fraud. The manufacturers, who live off royalties, have nothing to gain from contacting the OC to make arrangements about which player wins and loses today. The Risk of loss is simply much higher than some players think it is and so frustration arises. I play very little but I have never felt cheated, at least not within a game.

This post has been translated automatically

s****e

Do not understand the meaning of the Money Laundering Act

27th May. 2018, at 09:12 pm CEST#26
0 Likes

Nobody has liked this post so far
But rail cartels, bath cartels etc. do you directly believe that they are cheating?
Yes, do you think they hang a sign on it: I cheat?

Malta has no interest whatsoever in changing the OC in any way.
They want to collect, and that's it. That's why they delay the indictments, etc.

The whole gambling industry has always been built on fraud

This post has been translated automatically

Knochen
Elite

Do not understand the meaning of the Money Laundering Act

27th May. 2018, at 09:15 pm CEST#27
0 Likes

Nobody has liked this post so far
The gambling industry is built primarily on addiction and smart math. You really can't make money much easier than that. What I can't get my head around is how someone who is so convinced that everything is a scam is still gambling. That makes no sense at all and is very inconsistent. If I pay 40 cents for a pack of noodles at Netto and 5 euros are debited every time, I won't go there anymore.

This post has been translated automatically

s****e

Do not understand the meaning of the Money Laundering Act

27th May. 2018, at 09:19 pm CEST#28
0 Likes

Nobody has liked this post so far
I agree with you. But I don't gamble anymore, or very rarely.
Exactly for the reason!

Whether one can earn his money simply, is not at all to the debate.
How much you can earn, if you are honest, and how much you can earn,
if you cheat, is a completely different question. Money has already softened other calibers
softened.

This post has been translated automatically

Hot Topics23rd Dec. 2024 at 09:56 am CET

Watch-out
0
Gossip
0
Offline Casinos
0

GambleJoe Team

Profile picture of JulianJulian online
Community-Manager / Complaint SpecialistProfile picture of CounterCounter
Software developerProfile picture of MatthiasMatthias
Project manager
Profile picture of DanielDaniel
Founder

Community Forum-Moderators

Members who assist the GJ team in moderating the forum.
Profile picture of AndreAndre
Profile picture of gamble1gamble1
Profile picture of Langhans_innenLanghans_innen
Profile picture of SaphiraSaphira
GambleJoe is aimed exclusively at user whose allowed to play legally with his current location in online casinos and does not violate the current law.
It is the responsibility of the user to inform himself about the current legal situation. Gambling is prohibited for children and adolescents under the age of 18.
GambleJoe is a registered trademark with the EUIPO of GJ International Ltd.
© 2012-2024 GambleJoe.com
✕

Forgotten your password?

Create a new password here

  • 1. Fill in the 3 fields carefully and click on the green button
  • 2. Check your email inbox for a message from GambleJoe
  • 3. Click on the confirmation link in the email and your new password will be active immediately