There are countries in the world where gambling business is not only officially allowed, but also brings good income to both casino owners and the state in the form of tax. If you go there, you can not only spend extra money (if you have any), but also tickle your nerves – sometimes when playing gambling gambling reaches its peak. Publi tells you about 8 countries that are the softest for gambling.
There are several huge gambling zones in the USA, the most famous of which is undoubtedly Las Vegas. It can be said that the whole city consists of casinos, clubs and other similar institutions – gambling business is the basis of the city’s economy. People come to Las Vegas from other countries on purpose to immerse themselves in the excitement, so if you suddenly have an “extra” round sum, Las Vegas is a great way to spend it.
One of the most famous casinos in this city is the Stratosphere Las Vegas, a casino hotel located on Las Vegas Strip. The area of the gambling establishment is 7 thousand m2, and there are games for all tastes – cards, roulette, slot machines, and in some halls you can bet on sweepstakes like horse racing. By the way, the Stratosphere attracts players with democratic stakes compared to most other city casinos: for example, the minimum stake in blackjack here is only five dollars.
Las Vegas is not the only place like this in the U.S.: the U.S. government is well aware that the money tourists spend in casinos is a good way to replenish the state budget, so investment in gaming in this country is actively encouraged by legislation, and shares of the largest gaming firms are listed on U.S. stock exchanges and attract serious investors.
The gambling industry in Monaco is one of the leading sectors of the country’s economy, and of course, everything is regulated by law.
Casinos in Monaco are considered the most prestigious casinos in the world, thanks primarily to the clientele, not even the service and variety of entertainment provided. In order to enter one of the establishments – especially the world-famous Monte Carlo – you have to wear a dress code: a suit, shirt and tie for men and an evening dress for women. The stakes at the Monegasque casinos are quite high: with about ten dollars in your pocket, you can’t even break the jackpot with great luck – you’ll have to stock up on a bigger sum. In addition, “Monte Carlo” – one of the oldest casinos in Europe: the building where it is located, 120 years, and built it specifically for this purpose.
Thanks to progressive legislation in the gambling industry, anyone with sufficient funds can open a casino in Malta. The state provides entrepreneurs with the maximum degree of security and confidentiality in doing business in this area, so it is no wonder that there are over a hundred casinos, slot machines, lotteries, betting offices and betting exchanges in Malta.
In Malta, the laws on gambling business are clearly regulated: in particular, it is the only country in the world where the types of gambling business are prescribed in the relevant legislation.
The most famous Maltese gambling establishments are the classic “Dragonara Casino”, more modern and undemanding to the player’s budget and dress code “Oracle Casino”, luxurious “Casino at Portomaso” and known as the museum “Casino di Venezia”.
Online casinos are hugely popular in Malta, with bets being accepted via the Internet and access to online services of this kind available from anywhere in the country.
The passion for gambling is common to almost all Britons. People in this country began to play for money a few centuries ago – bet on races and sports competitions. Comparatively small gambling houses appeared in Britain a couple of centuries ago and since then have been successfully operating.
In 2007, Prime Minister Tony Blair suggested opening several huge casinos in London, in terms of size and luxury comparable to casinos in Las Vegas. Originally it was planned to open 40 such establishments, but as a result only one so-called “super casino” appeared in London – “Ritz”, it can be found at 150 Piccadilly, W1J 9BR London.
The amazing thing about British casinos is that they don’t give credit here: the pedantic English thought it was only possible to play for cash. If you have spent all the money in your wallet, even if you ask the casino to lend you, or offer real estate, jewellery or any other valuable asset as collateral, you are very likely to be refused. Perhaps only the UK has a “no money, no game” mentality, not otherwise.
Gibraltar is characterised by an extremely low tax rate for gambling businesses – just one per cent of cash turnover, with no more than £425,000 per year. That is, even if a casino has earned more in a year – and Gibraltar usually does – the state does not oblige the enterprise to pay more than the agreed amount, and this applies to both classic “land” casinos and virtual ones.
At the same time for each such firm the state provides strict control – eliminates the possibility of concealing taxes and provides casino owners protection and patronage, so get a license to open a business in this area can only companies with an untainted reputation.
As is the case almost everywhere in Europe, online casinos in Gibraltar are thriving: several are among the top ten such establishments in the world – for example, “888.com” and “Eurogrand Casino”, and in ordinary casinos in Gibraltar in addition to standard card games and roulette can be found and dice games like craps and sik bo.
Today, India ranks ninth in the world in terms of gambling revenue: there are more than 200 casinos, where you can find all kinds of gambling, although officially only races and lotteries are allowed in the country. However, in 2001, in the most beloved among tourists state of Goa opened a large casino “Royale”: it is based on the liner “Caravelle” and is no less than other world-famous institutions – both in terms of service and the money that spins there.
The Indian government believes that gambling business is a progressive sector of the economy, capable of becoming one of the main budget items in the future. Despite the conservatism of the state and the mentality, at which the emergence of such institutions in the country until recently seemed impossible, there is a possibility that in the near future India will please players with a huge number of different gambling houses. But the legislation on this issue in India is not yet smooth – most of the funds from existing casinos go into the pockets of foreign investors, and this issue has yet to be resolved.
Cambodia is one of the poorest countries in the world, is among the 50 least developed countries, and over 80% of its population is below the poverty line. The standard income for most Khmer is $2 a day, with prices for basic necessities comparable with other Asian countries. Ironically, this is what led to the opening of several world-class casinos in Cambodia – there is no other way to attract foreign investment, because the country is not rich in natural resources or any developed industry.
Unfortunately, there is no control over these investments, and, as in the case of India, most of the proceeds from gambling houses go not to the treasury of the country, and in the pockets of casino owners – in this regard, in 2009, Cambodian Prime Minister Hun Sen ordered to close all casinos in the country.
As is often the case in such cases, some of the institutions were indeed closed, but the other part is left and flourishing: for example, a player can visit the casino “Naga” – a guest can stay in a comfortable four-star hotel, the prices for rooms which are relatively small, and play for your pleasure until the money runs out. And even if they do, Cambodia is not England, and here they gladly lend, however, sometimes at high interest rates.
Gambling in China has a rich past – the money here began to play more than 4 thousand years ago. In the seventh century AD on the territory of the then empire began to appear chic gaming houses for the rich and the nobility, and in the XX century, Chinese casinos have gained huge popularity among foreign players.
In the Chinese province of Macau, considered the “gem” among Asian gambling centers, legally allowed almost any activity related to gambling, including various sweepstakes. In addition, there are about 30 huge casinos operating in China – in most cases, similar gambling centers are located in Macau, Shanghai and Hong Kong.
The Chinese are a gambling people, so even those who cannot go to large gambling zones for some reason, pamper themselves with the lottery. Perhaps this is due to the fact that for centuries in China, the philosophy of Buddhism, Taoism and Confucianism prevailed, where the belief in fate and chance is given great importance.