webfact Posted June 18, 2015 Share Posted June 18, 2015 CASINOStrong public reaction to proposal on legalising casinosTHE NATIONBANGKOK: -- THE CONTROVERSIAL proposal of allowing legal casinos to operate has received a mixed public reaction, with supporters of the idea highlighting the huge revenue they would generate and critics denouncing them as immoral and the begetters of social and crime-related issues.Police chief General Somyot Poompanmoung, who strongly supports the idea, yesterday came up with ideas on how to manage the revenue, including tax revenue, which would flow from casinos.He also floated ideas on how to initially operate casinos so that restrictions were enforced efficiently.Critics of the proposal have accused Somyot of raising the subject in an attempt to distract the public over the delay in stripping fugitive former prime minister Thaksin Shinawatra of his police rank.National Reform Council members have differing opinions on the casino issue. A 12-strong group of members calling themselves "patriots" are pushing for casinos to be legalised because of the resulting financial windfall.However, NRC member Sira Jenjaka lambasted Somyot for proposing something that would lead to social problems, including families breaking up, while serving as the police chief.He vowed to hold a parallel press conference in response to Somyot's plan to hold a press conference on the matter one month before his retirement at the end of September, and vowed to oppose the idea as best he could.Sira said he was a former gambler and had lost his family and a lot of money gambling. "So I don't want my fellow countrymen to get addicted to gambling," he added.Former Democrat Party MP Watchara Phetthong said the patriots led by former Pheu Thai MP Anan Watcharothai should rebrand themselves the "Casino-loving Group".He also labelled the NRC and the junta-affiliated National Council for Peace and Order as conspirators in the push for legalised casinos, as Somyot was a senior member of both groups.Watchara branded Somyot's staunch support of the proposal as an attempt to divert public attention away from the failure to strip Thaksin of his police rank. National Legislative Assembly member Wallop Tangkhananurak, a vocal child rights advocate, echoed his remarks.Wallop called on Somyot to launch a crackdown on gambling dens, which he said had resulted in a huge amount of illegal payments going to police, before making any move on the casino issue.He said people aged under 20 regularly entered night entertainment venues in Thailand while Malaysians were restricted from entering casinos in their country."There has always been a problem over the lax enforcement of laws [by police]. I want to know whether the three issues I raised can be prevented from happening or recurring," he said.Prime Minister Prayut Chan-o-cha has distanced himself from the issue, but said Somyot's ideas should be listened to and the proposal would be submitted for the government's consideration through appropriate channels after the matter was fully debated publicly."Whatever ideas you have about the casino issue, propose them and discuss them. Isn't Thailand a democratic country?" he said"Discuss the issue and finalise it. It's not like one listens to only what he wants to hear, or speaks on only topics he is interested in. I am not that kind of person, I listen to everyone."Source: http://www.nationmultimedia.com/national/Strong-public-reaction-to-proposal-on-legalising-c-30262651.html-- The Nation 2015-06-19 Link to comment Share on other sites More sharing options...
rametindallas Posted June 18, 2015 Share Posted June 18, 2015 (edited) I worked three years at a casino. Its number one function was to make money for its owner. Its number two function was to launder illegally earned cash money. Five dollar slot machines pay back 99.5% so you drop 10,000 dollars into five dollar slot machines (with the help of aunties and cousins), get most of it back and pay tax on your 9,000 dollar 'winnings'. What was drug money in the morning is clean money by evening. Since the casino does not keep track of how much drug money you lost to get the winnings you paid tax on, the law enforcement can't prove that you get your income from illicit enterprise. Now the politicians won't have to lie and say how well they saved or invested to explain their unusual wealth, they can soon claim they 'won' it at the casino. No more using monks to transport your illegal income offshore; it's laundered so you can keep it close to you in Thailand. This will be a boon to corrupt officials, politicians, policemen, and soldiers as they can soon launder their own money. Another negative, gambling tourists tend to never leave the venue where they gamble. The don't go on tours or go shopping; they gamble. Good luck, with all the cash involved in gambling, for the state to collect anywhere near the share that it is owed. Never mind, the head of whatever casino watchdog organization will get his cut. Thirdly, gambling is a tax on stupidity since almost everyone loses every time. . Edited June 18, 2015 by rametindallas Link to comment Share on other sites More sharing options...
MB1 Posted June 18, 2015 Share Posted June 18, 2015 (edited) I worked three years at a casino. Its number one function was to make money for its owner. Its number two function was to launder illegally earned cash money. Five dollar slot machines pay back 99.5% so you drop 10,000 dollars into five dollar slot machines (with the help of aunties and cousins), get most of it back and pay tax on your 9,000 dollar 'winnings'. What was drug money in the morning is clean money by evening. Since the casino does not keep track of how much drug money you lost to get the winnings you paid tax on, the law enforcement can't prove that you get your income from illicit enterprise. Now the politicians won't have to lie and say how well they saved or invested to explain their unusual wealth, they can soon claim they 'won' it at the casino. No more using monks to transport your illegal income offshore; it's laundered so you can keep it close to you in Thailand. This will be a boon to corrupt officials, politicians, policemen, and soldiers as they can soon launder their own money. Another negative, gambling tourists tend to never leave the venue where they gamble. The don't go on tours or go shopping; they gamble. Good luck, with all the cash involved in gambling, for the state to collect anywhere near the share that it is owed. Never mind, the head of whatever casino watchdog organization will get his cut. Thirdly, gambling is a tax on stupidity since almost everyone loses every time. . Just because you put ten thousand dollars into a $5 machine don't guarantee you'll get back the % paid out over the $10 thousand dollar play, it's only over a very long time of play that the percentages are achieved which could mean that you play a lot more than $10,000 dollars..... You say you worked 3 years in a casino but it don't make you right in what you say..... You go play a 5 dollar slot and play $10,000 dollars on a machine and let us know what you actually got back.... http://www.gamblersbookcase.com/Slots-Math.htm Edited June 18, 2015 by MB1 Link to comment Share on other sites More sharing options...
jcisco Posted June 18, 2015 Share Posted June 18, 2015 I myself a decade in the industry, but I don't advocate for casinos in any community. They are a fundamentally unfair game for the player with no method of eliminating the houses advantage. And slot software is insidious and dreadfully well designed at delivering maximum player engagement while relieving them of their bankroll. I still don't understand why communities want to continue the current gaming practices of unfair games. In Thailands case legitimate casinos will most likely result in further redistribution of wealth from poor to rich as already done in the tax code. Nor does Thailand the integrity of its police, civil service or respect for the peoples well being to properly manage problems and other factors the casinos require. Without genuine risk minimisation, enforcement, education, monitoring and state of the art KYC systems in casinos with automated guest accounting on play this will be a disaster and a future source of negativity towards the kingdom and the way it operates. Let's just skip enabling addiction supply and supporting criminal enterprise to some extent and skip the idea of casinos. Link to comment Share on other sites More sharing options...
Robby nz Posted June 18, 2015 Share Posted June 18, 2015 Agree with the above and add. Only the rich will be able to afford to dress up to gamble in casinos so it is another double standard where the rich can gambol legally but the poor betting on football, cock fighting and Hi-Low will still be criminals. Link to comment Share on other sites More sharing options...
rametindallas Posted June 18, 2015 Share Posted June 18, 2015 I worked three years at a casino. Its number one function was to make money for its owner. Its number two function was to launder illegally earned cash money. Five dollar slot machines pay back 99.5% so you drop 10,000 dollars into five dollar slot machines (with the help of aunties and cousins), get most of it back and pay tax on your 9,000 dollar 'winnings'. What was drug money in the morning is clean money by evening. Since the casino does not keep track of how much drug money you lost to get the winnings you paid tax on, the law enforcement can't prove that you get your income from illicit enterprise. Now the politicians won't have to lie and say how well they saved or invested to explain their unusual wealth, they can soon claim they 'won' it at the casino. No more using monks to transport your illegal income offshore; it's laundered so you can keep it close to you in Thailand. This will be a boon to corrupt officials, politicians, policemen, and soldiers as they can soon launder their own money. Another negative, gambling tourists tend to never leave the venue where they gamble. The don't go on tours or go shopping; they gamble. Good luck, with all the cash involved in gambling, for the state to collect anywhere near the share that it is owed. Never mind, the head of whatever casino watchdog organization will get his cut. Thirdly, gambling is a tax on stupidity since almost everyone loses every time. . Just because you put ten thousand dollars into a $5 machine don't guarantee you'll get back the % paid out over the $10 thousand dollar play, it's only over a very long time of play that the percentages are achieved which could mean that you play a lot more than $10,000 dollars..... You say you worked 3 years in a casino but it don't make you right in what you say..... You go play a 5 dollar slot and play $10,000 dollars on a machine and let us know what you actually got back.... http://www.gamblersbookcase.com/Slots-Math.htm Even if you only get back 80% of the money you gambled, your money is now taxed and clean. It is still money laundering and I have watched it first hand. I'll give you some tips. Only play a slot machine you can afford to play the maximum bet on, feed the same machine at least $200 and you will come out ahead. Corner machines hit more often because everyone sees you win. Ask the floor-walker which machines are 'hot' and, if you are not too obvious about it, bend over and look up behind the glass at two sets of odometer type numbers; the longer row is how many times the game has been played and the shorter number is how many times it payed out. Look for a larger ratio to know which slot machine is ready to 'pop'. Since I can only speak from the experience of casinos in Oklahoma, Louisiana, and Mississippi, that 99.5% payback rate on five dollar slots is common in all three of those states. Most people don't stay on the same machine long enough for it to begin 'giving back' so the casinos always win in the end. I was a Black Jack dealer my last six months and when I gambled, I only played Black Jack. I had friends who were slot techs and they gave me the tips. I won my first time playing and kept track (except for tips to dealers, servers, and comped meals). I played for longer than three years on the casino's money. Savvy players can earn money gambling. The casinos make their money off the saps and problem gamblers. They prey on he most vulnerable. Link to comment Share on other sites More sharing options...
CWMcMurray Posted June 18, 2015 Share Posted June 18, 2015 (edited) Don't see any reason why not to legalize.. Anyone who wants to gamble now, can... Either illegally in many of the local dens or legally on Cambodian border Seems to me the only big loser if legalized is the criminals that are currently running the illegal casinos and the corrupt police officers petering the illegal gambling dens , who would lose a lot of tea money And I'm completely ok with either of those groups losing out .. It will help tourism, it will help tax collection Edited June 18, 2015 by CWMcMurray Link to comment Share on other sites More sharing options...
MB1 Posted June 18, 2015 Share Posted June 18, 2015 (edited) I worked three years at a casino. Its number one function was to make money for its owner. Its number two function was to launder illegally earned cash money. Five dollar slot machines pay back 99.5% so you drop 10,000 dollars into five dollar slot machines (with the help of aunties and cousins), get most of it back and pay tax on your 9,000 dollar 'winnings'. What was drug money in the morning is clean money by evening. Since the casino does not keep track of how much drug money you lost to get the winnings you paid tax on, the law enforcement can't prove that you get your income from illicit enterprise. Now the politicians won't have to lie and say how well they saved or invested to explain their unusual wealth, they can soon claim they 'won' it at the casino. No more using monks to transport your illegal income offshore; it's laundered so you can keep it close to you in Thailand. This will be a boon to corrupt officials, politicians, policemen, and soldiers as they can soon launder their own money. Another negative, gambling tourists tend to never leave the venue where they gamble. The don't go on tours or go shopping; they gamble. Good luck, with all the cash involved in gambling, for the state to collect anywhere near the share that it is owed. Never mind, the head of whatever casino watchdog organization will get his cut. Thirdly, gambling is a tax on stupidity since almost everyone loses every time. . Just because you put ten thousand dollars into a $5 machine don't guarantee you'll get back the % paid out over the $10 thousand dollar play, it's only over a very long time of play that the percentages are achieved which could mean that you play a lot more than $10,000 dollars..... You say you worked 3 years in a casino but it don't make you right in what you say..... You go play a 5 dollar slot and play $10,000 dollars on a machine and let us know what you actually got back.... http://www.gamblersbookcase.com/Slots-Math.htm Even if you only get back 80% of the money you gambled, your money is now taxed and clean. It is still money laundering and I have watched it first hand. I'll give you some tips. Only play a slot machine you can afford to play the maximum bet on, feed the same machine at least $200 and you will come out ahead. Corner machines hit more often because everyone sees you win. Ask the floor-walker which machines are 'hot' and, if you are not too obvious about it, bend over and look up behind the glass at two sets of odometer type numbers; the longer row is how many times the game has been played and the shorter number is how many times it payed out. Look for a larger ratio to know which slot machine is ready to 'pop'. Since I can only speak from the experience of casinos in Oklahoma, Louisiana, and Mississippi, that 99.5% payback rate on five dollar slots is common in all three of those states. Most people don't stay on the same machine long enough for it to begin 'giving back' so the casinos always win in the end. I was a Black Jack dealer my last six months and when I gambled, I only played Black Jack. I had friends who were slot techs and they gave me the tips. I won my first time playing and kept track (except for tips to dealers, servers, and comped meals). I played for longer than three years on the casino's money. Savvy players can earn money gambling. The casinos make their money off the saps and problem gamblers. They prey on he most vulnerable. You can give me a tip but I won't take it, your first post started at 99.5 %, now your talking about 80 %, read the link I posted earlier and learn that the odds are well stacked in the casinos favour, when a machine pays out it doesnt pay out 99.5% over every 10,000 dollars it pays out over a very long period of time, you can feed a machine $200 dollars but it don't mean you'll come out ahead, that's pure bull shi% ....By the way the link gave certain casino areas of the US but nowhere do I see a %99.5 payout, correct me though if I'm wrong...\ta... Edited June 18, 2015 by MB1 Link to comment Share on other sites More sharing options...
MB1 Posted June 18, 2015 Share Posted June 18, 2015 Don't see any reason why not to legalize.. Anyone who wants to gamble now, can... Either illegally in many of the local dens or legally on Cambodian border Seems to me the only big loser if legalized is the criminals that are currently running the illegal casinos and the corrupt police officers petering the illegal gambling dens , who would lose a lot of tea money And I'm completely ok with either of those groups losing out .. It will help tourism, it will help tax collection And those high quality high end tourists will love legalised casinos in Thailand, the Chinese, and guess what, TAT will love it too, Thailand the hub of casinos... Link to comment Share on other sites More sharing options...
sharecropper Posted June 18, 2015 Share Posted June 18, 2015 The Navy get public money to upgrade their U-Tapao air base to accept more international flights, the services, especially the police, are currently seeing their ability to 'earn' outside legitimate channels impacted by the current military government, suddenly the police chief is put up to trumpet casinos, suggesting locating them in Pattaya and he also has a stream of handy suggestions on how they can be managed and taxed? Clearly he is under orders to mouthpiece this, as he wouldn't have dared come up with it and articulate it all by himself. Link to comment Share on other sites More sharing options...
MB1 Posted June 18, 2015 Share Posted June 18, 2015 The Navy get public money to upgrade their U-Tapao air base to accept more international flights, the services, especially the police, are currently seeing their ability to 'earn' outside legitimate channels impacted by the current military government, suddenly the police chief is put up to trumpet casinos, suggesting locating them in Pattaya and he also has a stream of handy suggestions on how they can be managed and taxed? Clearly he is under orders to mouthpiece this, as he wouldn't have dared come up with it and articulate it all by himself. The Police or whoever are probably just trying to leaglise their criminal Thai enterprises that they already have a finger in the pie, they dont want to share the pie so why not try to legalise a buisness that they already have a large share of and control.....Just a thought hey... Link to comment Share on other sites More sharing options...
Songhua Posted June 18, 2015 Share Posted June 18, 2015 (edited) According to two members of the twelve patriots interviewed on Thai television, under the proposal only Thai nationals with an income greater than 200-300,000 baht per month and foreigners will be permitted to gamble in the casino(s). Edited June 18, 2015 by Songhua Link to comment Share on other sites More sharing options...
rametindallas Posted June 18, 2015 Share Posted June 18, 2015 I worked three years at a casino. Its number one function was to make money for its owner. Its number two function was to launder illegally earned cash money. Five dollar slot machines pay back 99.5% so you drop 10,000 dollars into five dollar slot machines (with the help of aunties and cousins), get most of it back and pay tax on your 9,000 dollar 'winnings'. What was drug money in the morning is clean money by evening. Since the casino does not keep track of how much drug money you lost to get the winnings you paid tax on, the law enforcement can't prove that you get your income from illicit enterprise. Now the politicians won't have to lie and say how well they saved or invested to explain their unusual wealth, they can soon claim they 'won' it at the casino. No more using monks to transport your illegal income offshore; it's laundered so you can keep it close to you in Thailand. This will be a boon to corrupt officials, politicians, policemen, and soldiers as they can soon launder their own money. Another negative, gambling tourists tend to never leave the venue where they gamble. The don't go on tours or go shopping; they gamble. Good luck, with all the cash involved in gambling, for the state to collect anywhere near the share that it is owed. Never mind, the head of whatever casino watchdog organization will get his cut. Thirdly, gambling is a tax on stupidity since almost everyone loses every time. . Just because you put ten thousand dollars into a $5 machine don't guarantee you'll get back the % paid out over the $10 thousand dollar play, it's only over a very long time of play that the percentages are achieved which could mean that you play a lot more than $10,000 dollars..... You say you worked 3 years in a casino but it don't make you right in what you say..... You go play a 5 dollar slot and play $10,000 dollars on a machine and let us know what you actually got back.... http://www.gamblersbookcase.com/Slots-Math.htm Even if you only get back 80% of the money you gambled, your money is now taxed and clean. It is still money laundering and I have watched it first hand. I'll give you some tips. Only play a slot machine you can afford to play the maximum bet on, feed the same machine at least $200 and you will come out ahead. Corner machines hit more often because everyone sees you win. Ask the floor-walker which machines are 'hot' and, if you are not too obvious about it, bend over and look up behind the glass at two sets of odometer type numbers; the longer row is how many times the game has been played and the shorter number is how many times it payed out. Look for a larger ratio to know which slot machine is ready to 'pop'. Since I can only speak from the experience of casinos in Oklahoma, Louisiana, and Mississippi, that 99.5% payback rate on five dollar slots is common in all three of those states. Most people don't stay on the same machine long enough for it to begin 'giving back' so the casinos always win in the end. I was a Black Jack dealer my last six months and when I gambled, I only played Black Jack. I had friends who were slot techs and they gave me the tips. I won my first time playing and kept track (except for tips to dealers, servers, and comped meals). I played for longer than three years on the casino's money. Savvy players can earn money gambling. The casinos make their money off the saps and problem gamblers. They prey on he most vulnerable. You can give me a tip but I won't take it, your first post started at 99.5 %, now your talking about 80 %, read the link I posted earlier and learn that the odds are well stacked in the casinos favour, when a machine pays out it doesnt pay out 99.5% over every 10,000 dollars it pays out over a very long period of time, you can feed a machine $200 dollars but it don't mean you'll come out ahead, that's pure bull shi% ....By the way the link gave certain casino areas of the US but nowhere do I see a %99.5 payout, correct me though if I'm wrong...\ta... correct me though if I'm wrong I tried to by your response was: You can give me a tip but I won't take it your first post started at 99.5 %, now your talking about 80 %, The 80% was a concession to your link, which I read, and yet it seems you didn't bother to comprehend my post as your mind is already made up. You only want to quibble about minor details without addressing the money laundering, the fact that casino tourists never leave the casino and that non-professional gambling is for suckers. Bye, and don't expect another reply as you only want to argue. . Link to comment Share on other sites More sharing options...
webfact Posted June 18, 2015 Author Share Posted June 18, 2015 NRC opposed to legalizing casinos in ThailandBANGKOK, 19 June 2015 (NNT)- A National Reform Council (NRC) member opposes the idea that Thailand should open a casino to stimulate economic growth.An NRC member, Sira Jane-ja-kha said on Thursday he strongly objected to the idea of legalizing casinos in Thailand, saying it would have a negative impact on the country. His comment came after the Royal Thai Police Chief had expressed his support for the idea.According to Mr. Sira, legalizing casinos isn’t the only way to bring about economic prosperity, explaining further that the government should instead promote the economy through tourism and sports campaign rather than spurring it by means of gambling.Interior Minister General Anupong Paojinda, meanwhile, said this was a sensitive issue and all factors involved should be taken into consideration. He urged the public to think twice about the pros and cons before voting whether Thailand should legalize gambling.Prime Minister Prayut Chan-o-cha said people could express their support or opposition under the democratic principles, and that he was willing to listen to all opinions. However, there is no need to organize a public forum over this, neither for the government to consider the issue at this time, he said.-- NNT 2015-06-19 Link to comment Share on other sites More sharing options...
LannaGuy Posted June 19, 2015 Share Posted June 19, 2015 let people have freedom to do what they want... it hasn't bankrupted Europe or America and Singapore is still thriving so regulate it and allow it Link to comment Share on other sites More sharing options...
baboon Posted June 19, 2015 Share Posted June 19, 2015 I worked three years at a casino. Its number one function was to make money for its owner. Its number two function was to launder illegally earned cash money. Five dollar slot machines pay back 99.5% so you drop 10,000 dollars into five dollar slot machines (with the help of aunties and cousins), get most of it back and pay tax on your 9,000 dollar 'winnings'. What was drug money in the morning is clean money by evening. Since the casino does not keep track of how much drug money you lost to get the winnings you paid tax on, the law enforcement can't prove that you get your income from illicit enterprise. Now the politicians won't have to lie and say how well they saved or invested to explain their unusual wealth, they can soon claim they 'won' it at the casino. No more using monks to transport your illegal income offshore; it's laundered so you can keep it close to you in Thailand. This will be a boon to corrupt officials, politicians, policemen, and soldiers as they can soon launder their own money. Another negative, gambling tourists tend to never leave the venue where they gamble. The don't go on tours or go shopping; they gamble. Good luck, with all the cash involved in gambling, for the state to collect anywhere near the share that it is owed. Never mind, the head of whatever casino watchdog organization will get his cut. Thirdly, gambling is a tax on stupidity since almost everyone loses every time. . Just because you put ten thousand dollars into a $5 machine don't guarantee you'll get back the % paid out over the $10 thousand dollar play, it's only over a very long time of play that the percentages are achieved which could mean that you play a lot more than $10,000 dollars..... You say you worked 3 years in a casino but it don't make you right in what you say..... You go play a 5 dollar slot and play $10,000 dollars on a machine and let us know what you actually got back.... http://www.gamblersbookcase.com/Slots-Math.htm I was a Black Jack dealer my last six months and when I gambled, I only played Black Jack. I had friends who were slot techs and they gave me the tips. I won my first time playing and kept track (except for tips to dealers, servers, and comped meals). I played for longer than three years on the casino's money. Savvy players can earn money gambling. The casinos make their money off the saps and problem gamblers. They prey on he most vulnerable. Isn't it also true that Craps and Baccarat also have half decent odds? Poker too, as you aren't betting against the house? Link to comment Share on other sites More sharing options...
TheAppletons Posted June 19, 2015 Share Posted June 19, 2015 Isn't it also true that Craps and Baccarat also have half decent odds? Poker too, as you aren't betting against the house? Yes, that is true. http://wizardofodds.com/gambling/house-edge/ Link to comment Share on other sites More sharing options...
baboon Posted June 19, 2015 Share Posted June 19, 2015 Isn't it also true that Craps and Baccarat also have half decent odds? Poker too, as you aren't betting against the house? Yes, that is true. http://wizardofodds.com/gambling/house-edge/ Thought so. Thanks for the link. Link to comment Share on other sites More sharing options...
Thailand Posted June 19, 2015 Share Posted June 19, 2015 Casinos in Thailand were not far away back in 2005 when the Thaksin camp were in regular meetings with Macau money men in Chiangmai. The events in 2006 put the dampers on that one. Interesting that it is being put forward again under the same incumbents that were instrumental in putting a stop to its when it wasn't under their control. Opportunities to ensure many of those currently in positions of power to ensure comfortable retirements.It could gain momentum. Link to comment Share on other sites More sharing options...
CWMcMurray Posted June 19, 2015 Share Posted June 19, 2015 I don't find the below a compelling argument... As Cambodian Casino is just few hours drive from Bangkok So anyone that wanted to do this, could do it already In fact, if done in a Cambodian Casino, they could also get around taxes.. As could keep winnings in a Casino account until the next Calendar year, then bring into Thailand tax free.. I worked three years at a casino. Its number one function was to make money for its owner. Its number two function was to launder illegally earned cash money. Five dollar slot machines pay back 99.5% so you drop 10,000 dollars into five dollar slot machines (with the help of aunties and cousins), get most of it back and pay tax on your 9,000 dollar 'winnings'. What was drug money in the morning is clean money by evening. Since the casino does not keep track of how much drug money you lost to get the winnings you paid tax on, the law enforcement can't prove that you get your income from illicit enterprise. Now the politicians won't have to lie and say how well they saved or invested to explain their unusual wealth, they can soon claim they 'won' it at the casino. No more using monks to transport your illegal income offshore; it's laundered so you can keep it close to you in Thailand. This will be a boon to corrupt officials, politicians, policemen, and soldiers as they can soon launder their own money. Another negative, gambling tourists tend to never leave the venue where they gamble. The don't go on tours or go shopping; they gamble. Good luck, with all the cash involved in gambling, for the state to collect anywhere near the share that it is owed. Never mind, the head of whatever casino watchdog organization will get his cut. Thirdly, gambling is a tax on stupidity since almost everyone loses every time. . Link to comment Share on other sites More sharing options...
2008bangkok Posted June 19, 2015 Share Posted June 19, 2015 Nothing wrong with legallising all gambling if somebody wants to gamble them when not let them it's there money, do you know 'my much more interesting a football match is when you got a few quid on it........ Saying everybody who gamble's will become an addict is like saying everyone who drinks alcohol is or will become an alcoholic. Link to comment Share on other sites More sharing options...
lust Posted June 19, 2015 Share Posted June 19, 2015 I worked three years at a casino. Its number one function was to make money for its owner. Its number two function was to launder illegally earned cash money. Five dollar slot machines pay back 99.5% so you drop 10,000 dollars into five dollar slot machines (with the help of aunties and cousins), get most of it back and pay tax on your 9,000 dollar 'winnings'. What was drug money in the morning is clean money by evening. Since the casino does not keep track of how much drug money you lost to get the winnings you paid tax on, the law enforcement can't prove that you get your income from illicit enterprise. Now the politicians won't have to lie and say how well they saved or invested to explain their unusual wealth, they can soon claim they 'won' it at the casino. No more using monks to transport your illegal income offshore; it's laundered so you can keep it close to you in Thailand. This will be a boon to corrupt officials, politicians, policemen, and soldiers as they can soon launder their own money. Another negative, gambling tourists tend to never leave the venue where they gamble. The don't go on tours or go shopping; they gamble. Good luck, with all the cash involved in gambling, for the state to collect anywhere near the share that it is owed. Never mind, the head of whatever casino watchdog organization will get his cut. Thirdly, gambling is a tax on stupidity since almost everyone loses every time. . Just because you put ten thousand dollars into a $5 machine don't guarantee you'll get back the % paid out over the $10 thousand dollar play, it's only over a very long time of play that the percentages are achieved which could mean that you play a lot more than $10,000 dollars..... You say you worked 3 years in a casino but it don't make you right in what you say..... You go play a 5 dollar slot and play $10,000 dollars on a machine and let us know what you actually got back.... http://www.gamblersbookcase.com/Slots-Math.htm Even if you only get back 80% of the money you gambled, your money is now taxed and clean. It is still money laundering and I have watched it first hand.I'll give you some tips. Only play a slot machine you can afford to play the maximum bet on, feed the same machine at least $200 and you will come out ahead. Corner machines hit more often because everyone sees you win. Ask the floor-walker which machines are 'hot' and, if you are not too obvious about it, bend over and look up behind the glass at two sets of odometer type numbers; the longer row is how many times the game has been played and the shorter number is how many times it payed out. Look for a larger ratio to know which slot machine is ready to 'pop'. Since I can only speak from the experience of casinos in Oklahoma, Louisiana, and Mississippi, that 99.5% payback rate on five dollar slots is common in all three of those states. Most people don't stay on the same machine long enough for it to begin 'giving back' so the casinos always win in the end. I was a Black Jack dealer my last six months and when I gambled, I only played Black Jack. I had friends who were slot techs and they gave me the tips. I won my first time playing and kept track (except for tips to dealers, servers, and comped meals). I played for longer than three years on the casino's money. Savvy players can earn money gambling. The casinos make their money off the saps and problem gamblers. They prey on he most vulnerable. Are you sure you worked in a casino? You don't sound like you have a clue. Your comments sound like you learned this from watching movies... 80%-99% return is absolute <deleted>. Link to comment Share on other sites More sharing options...
eddie61 Posted June 19, 2015 Share Posted June 19, 2015 The police have been running casinos and brothels for decades....... leave it to the experts Link to comment Share on other sites More sharing options...
2008bangkok Posted June 19, 2015 Share Posted June 19, 2015 I worked three years at a casino. Its number one function was to make money for its owner. Its number two function was to launder illegally earned cash money. Five dollar slot machines pay back 99.5% so you drop 10,000 dollars into five dollar slot machines (with the help of aunties and cousins), get most of it back and pay tax on your 9,000 dollar 'winnings'. What was drug money in the morning is clean money by evening. Since the casino does not keep track of how much drug money you lost to get the winnings you paid tax on, the law enforcement can't prove that you get your income from illicit enterprise. Now the politicians won't have to lie and say how well they saved or invested to explain their unusual wealth, they can soon claim they 'won' it at the casino. No more using monks to transport your illegal income offshore; it's laundered so you can keep it close to you in Thailand. This will be a boon to corrupt officials, politicians, policemen, and soldiers as they can soon launder their own money. Another negative, gambling tourists tend to never leave the venue where they gamble. The don't go on tours or go shopping; they gamble. Good luck, with all the cash involved in gambling, for the state to collect anywhere near the share that it is owed. Never mind, the head of whatever casino watchdog organization will get his cut. Thirdly, gambling is a tax on stupidity since almost everyone loses every time. . Just because you put ten thousand dollars into a $5 machine don't guarantee you'll get back the % paid out over the $10 thousand dollar play, it's only over a very long time of play that the percentages are achieved which could mean that you play a lot more than $10,000 dollars..... You say you worked 3 years in a casino but it don't make you right in what you say..... You go play a 5 dollar slot and play $10,000 dollars on a machine and let us know what you actually got back.... http://www.gamblersbookcase.com/Slots-Math.htm Even if you only get back 80% of the money you gambled, your money is now taxed and clean. It is still money laundering and I have watched it first hand.I'll give you some tips. Only play a slot machine you can afford to play the maximum bet on, feed the same machine at least $200 and you will come out ahead. Corner machines hit more often because everyone sees you win. Ask the floor-walker which machines are 'hot' and, if you are not too obvious about it, bend over and look up behind the glass at two sets of odometer type numbers; the longer row is how many times the game has been played and the shorter number is how many times it payed out. Look for a larger ratio to know which slot machine is ready to 'pop'. Since I can only speak from the experience of casinos in Oklahoma, Louisiana, and Mississippi, that 99.5% payback rate on five dollar slots is common in all three of those states. Most people don't stay on the same machine long enough for it to begin 'giving back' so the casinos always win in the end. I was a Black Jack dealer my last six months and when I gambled, I only played Black Jack. I had friends who were slot techs and they gave me the tips. I won my first time playing and kept track (except for tips to dealers, servers, and comped meals). I played for longer than three years on the casino's money. Savvy players can earn money gambling. The casinos make their money off the saps and problem gamblers. They prey on he most vulnerable. Are you sure you worked in a casino? You don't sound like you have a clue. Your comments sound like you learned this from watching movies... 80%-99% return is absolute <deleted>. The dude said ' even if you only get back 80% of the money you gambled' not that's what the casino payout, can't you wait until breakfast is over before getting the claws out? Link to comment Share on other sites More sharing options...
eddie61 Posted June 19, 2015 Share Posted June 19, 2015 I worked three years at a casino. Its number one function was to make money for its owner. Its number two function was to launder illegally earned cash money. Five dollar slot machines pay back 99.5% so you drop 10,000 dollars into five dollar slot machines (with the help of aunties and cousins), get most of it back and pay tax on your 9,000 dollar 'winnings'. What was drug money in the morning is clean money by evening. Since the casino does not keep track of how much drug money you lost to get the winnings you paid tax on, the law enforcement can't prove that you get your income from illicit enterprise. Now the politicians won't have to lie and say how well they saved or invested to explain their unusual wealth, they can soon claim they 'won' it at the casino. No more using monks to transport your illegal income offshore; it's laundered so you can keep it close to you in Thailand. This will be a boon to corrupt officials, politicians, policemen, and soldiers as they can soon launder their own money. Another negative, gambling tourists tend to never leave the venue where they gamble. The don't go on tours or go shopping; they gamble. Good luck, with all the cash involved in gambling, for the state to collect anywhere near the share that it is owed. Never mind, the head of whatever casino watchdog organization will get his cut. Thirdly, gambling is a tax on stupidity since almost everyone loses every time. . your arguments do not add up, if the payback is 99.5%. I think you are talking out of your bottom half Link to comment Share on other sites More sharing options...
prakhonchai nick Posted June 19, 2015 Share Posted June 19, 2015 (edited) Those that want to gamble do so anyway. They gamble in the villages and towns throughout Thailand, with every local police station collecting money (large amounts) on a daily/weekly/monthly basis to turn a blind eye, and to warn should an out of town police force be planning a sweep. It stopped for a week when the General took power after the coup, but quickly went back to normal. Others cross the borders into Cambodia, Laos and ? Burma every day where there are huge casinos set up, reportedly in many cases funded by Thais So legalising casinos in Thailand would only divert the massive revenues to theThai government rather than to the police or foreign countries. which can't be a bad thing. Why not promote it with a reduction in VAT to 5/6%, which should be more than covered by the enormous taxes that will be collected. Edited June 19, 2015 by prakhonchai nick Link to comment Share on other sites More sharing options...
madmitch Posted June 19, 2015 Share Posted June 19, 2015 NRC opposed to legalizing casinos in Thailand BANGKOK, 19 June 2015 (NNT)- A National Reform Council (NRC) member opposes the idea that Thailand should open a casino to stimulate economic growth. An NRC member, Sira Jane-ja-kha said on Thursday he strongly objected to the idea of legalizing casinos in Thailand, saying it would have a negative impact on the country. His comment came after the Royal Thai Police Chief had expressed his support for the idea. According to Mr. Sira, legalizing casinos isn’t the only way to bring about economic prosperity, explaining further that the government should instead promote the economy through tourism and sports campaign rather than spurring it by means of gambling. Interior Minister General Anupong Paojinda, meanwhile, said this was a sensitive issue and all factors involved should be taken into consideration. He urged the public to think twice about the pros and cons before voting whether Thailand should legalize gambling. Prime Minister Prayut Chan-o-cha said people could express their support or opposition under the democratic principles, and that he was willing to listen to all opinions. However, there is no need to organize a public forum over this, neither for the government to consider the issue at this time, he said. -- NNT 2015-06-19 Err, shouldn't the headline read "One NRC member opposed to legalising casinos in Thailand"? Link to comment Share on other sites More sharing options...
NormanW Posted June 19, 2015 Share Posted June 19, 2015 Much poverty will be the outcome! !! Link to comment Share on other sites More sharing options...
robblok Posted June 19, 2015 Share Posted June 19, 2015 You can give me a tip but I won't take it, your first post started at 99.5 %, now your talking about 80 %, read the link I posted earlier and learn that the odds are well stacked in the casinos favour, when a machine pays out it doesnt pay out 99.5% over every 10,000 dollars it pays out over a very long period of time, you can feed a machine $200 dollars but it don't mean you'll come out ahead, that's pure bull shi% ....By the way the link gave certain casino areas of the US but nowhere do I see a %99.5 payout, correct me though if I'm wrong...\ta... correct me though if I'm wrong I tried to by your response was: You can give me a tip but I won't take it your first post started at 99.5 %, now your talking about 80 %, The 80% was a concession to your link, which I read, and yet it seems you didn't bother to comprehend my post as your mind is already made up. You only want to quibble about minor details without addressing the money laundering, the fact that casino tourists never leave the casino and that non-professional gambling is for suckers. Bye, and don't expect another reply as you only want to argue. . Not everyone is bright and understand the concept of money laundry. You are absolutely right even if its only 80% its great for criminals. From criminal money to legal money at only 20% cost.. great of them. I am not 100% sure about the details as it would be strange to claim year after year wins of a casino as income. But I have heard about this scheme before. Its hard for criminals to exchange criminal money for legal money and 20% would be a great deal for them. Link to comment Share on other sites More sharing options...
NickJ Posted June 19, 2015 Share Posted June 19, 2015 Cant run a National Police Force without it being one of the most corupt organizations on the earth. Healthcare is getting more corupt by the day. Education at every level is a joke. Airport and airlines are getting worse as well.The National lottery is out of control....Sure!!!!! let em have casinos eveywhere. The police can run them and the politicians can own them. Link to comment Share on other sites More sharing options...
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