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Crypto Casinos:The support it’s getting from countries

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Crypto Casinos

Gambling has been under discussion since it came into existence. Ever since it got developed, some countries came forward to support it, while others aggressively opposed the concept. There exist countries like Macau that once used to be a gambling hub, but the percentage of punters are now declining rapidly in the region because of the strict restrictions being imposed by the government. The world is developing rapidly and with each passing day, the concept of crypto casinos is gaining popularity. The reason behind this is that blockchain technology is associated with better security, easy and rapid transactions, and anonymity. Therefore, it is becoming famous among people of the US, UK, Canada, Australia, and many others. Nevertheless, different countries follow different approaches when it comes to handling cryptocurrency. There are countries that support it and there are countries that are totally against to even the idea of it.

Crypto casinos

With cryptocurrency, crypto casinos are also gaining popularity

There are countries that see a potential for growth in this business of gambling to strengthen their economies in the future but on the contrary, there exist countries that are against it.

The question arises, which countries are supporting crypto casinos and how with the help of these crypto casinos they see a bright future ahead? So let’s find out.

The United States of America

It has been found that a huge portion of the American population has an investment in cryptocurrency. More importantly, the number of investors has increased dramatically in the US with the recent upsurge in the price of Bitcoin. And this makes it clear that the concept of crypto casinos will definitely flourish in the country because of the heavy investment of American citizens in this industry.

Moreover, American law also shows flexibility in this regard. There are no laws that make gambling illegal with cryptocurrency. And because of this reason, a lot of people find gambling with cryptocurrency more rewarding than the classical methods.

Canada

Among the countries that support crypto casinos, Canada is one of them. The way people viewed cryptocurrency and the way it works has changed drastically over the past few years. The citizens of Canada have developed a huge liking for cryptocurrency lately and they are very welcoming with regard to crypto casinos. There are a number of online casinos in Canada that solely operate on cryptocurrency. In fact, some of the few casinos that don’t have this facility yet are working hard to introduce this to their customers as soon as possible.

The people of Canada love online games and they are quite fond of online gambling as well. So, there is no doubt this industry will grow rapidly over the next few years with the introduction of crypto casinos as people would love to have another payment option to pay in crypto.

Japan

Initially, when cryptocurrency was launched, people around the world were very doubtful about it. Many viewed it as a scam and it took a while for people to build their trust in it. In the world of gambling, punters are now switching to crypto casinos to play and win games. In a country like Japan, this idea is gaining fame. Japan is one of the world’s most favorite destinations for gambling. People have shown a great interest in crypto casinos and the government of Japan now looks forward to strengthening its economy with crypto casinos. Japan is among the very few countries in the world that have a friendly environment for crypto. In Japan, exchanges such as bitFlyer and Rakuten have greatly contributed to the development of the cryptocurrency market.

According to statistics, very soon the cryptocurrency market in Japan will reach new heights of success. It has been observed that this market will continue to grow and will contribute greatly to the economy of the country. The Japanese people like the concept of crypto casinos for two main reasons.

  1. That they don’t have to pay heavily for the transaction cost
  2. That it has better privacy and anonymity

The United Kingdom

Similar to the Japanese, the people of the United Kingdom have a great affinity for crypto casinos. It has been found that approximately 4% of the UK’s population has an investment in crypto. The country has numerous online gambling websites and almost all of them accept payment in crypto. As a matter of fact, because of the better privacy and guaranteed odds the online casinos in the UK differ to their customers, these casinos are considered among the world’s best casinos for international punters.

Australia

The next country in our list of countries that support crypto casinos in Australia. It is worth noting that more than 80% of the Australian population is engaged in various forms of gambling. The reason behind this huge percentage of people involved in gambling is because the country’s casinos are either poorly regulated or not regulated at all. The country has laws but they are hardly implemented and are quite flexible compared to other countries. Therefore, people prefer to gamble online and reap as many benefits as possible. With the introduction of crypto casinos, punters showed great fondness towards it and this popularity is growing swiftly.

France

France is another country that supports crypto casinos. France is regarded as the country with the world’s first few casinos ever built. Some of the very popular gambling games originated in France back in the 18th century. The country has a friendly environment for crypto and crypto casinos are very well-known throughout the country.

Conclusion

In a nutshell, it has been found that depending on a country’s environment for crypto, different countries have different perceptions regarding crypto casinos. Some countries are more welcoming than others and it all depends on the rules and regulations of each country. The laws of some countries are more rigid than others and they do not allow online casinos to operate and deal in crypto. Whereas on the other hand, some countries see it as an opportunity for growth and development and are aiming to get benefits out of it in the long run.

 

 

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Casino Winner Shot Dead in New Jersey

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Casino Winner

Someone allegedly followed, Sree Aravapalli the casino winner, to his home after he won a large prize at the Parx Casino and shot him. The victim died at the scene. The murderer followed late Sree Aravapalli to his home and attempted to rob him, according to New Jersey authorities. And, while attempting to rob the reward Mr Sree won, the culprit started firing.

The event took place on Monday, October 26, in New Jersey. As per the authorities, the robber followed the victim from the Parx Casino. Just before the incident, Mr Sree, aged 35, won a big reward in the casino. The culprit had an eye on Mr Sree’s reward and decided to rob him upon getting a chance. The poor casino winner was returning home with a big smile, waiting to share the big news with his family. Unfortunately, what Sree did not know was that someone was following him to take his life and his reward. According to the investigation, the reward Mr Sree Aravapalli won was $10,000.

Police arrived at the scene after some neighbours heard the gunshots inside the victim’s house in Briardale Court in Plainsboro Township. This was around 3:30 in the morning (a.m.). People reached out to the police as soon as they heard the shooting. However, Mr Sree Aravapalli was long gone by the time cops arrived. He became a casino winner moments before his death.

Sree Aravapalli was a 54-year-old married man with two children. Moreover, the man was the CEO of Aurex Laboratories, based in East Windsor, New Jersey. T

Strangely, there is some confusion about Aravapalli’s real age. As per the prosecutors, Sree Aravapalli was a 54-year-old man. However, according to the funeral parlour where they prepared Aravapalli’s body for burial, he was 53 years old.

Two Suspects Caught

cASINO WINNER

Picture of Aravapalli

After a thorough investigation, the prosecutors managed to arrest two suspects who were near Aravapalli throughout the night. It was the night Aravapalli became a casino winner. Luckily, the surveillance camera was able to catch two people who were near the victim the whole time. This evidence was submitted by The Bucks County Courier Times, citing court documents. As shown in the camera, one of those two men used his debit card at the Parx Casino on the same night. Through checking his bank account, the authorities were able to identify the man.

The man who used his debit card is Reid John. Reid John is a major suspect in the case and many pieces of evidence lead to him. The car that followed Sree was a white-coloured BMW and the same type of car was found near Reid John’s house. Furthermore, the house suspect Reid lives in is in Norristown. What is even more shocking is that the car that was found near Reid’s residence had the same set of clothes that the man in the casino was wearing that night.

The other suspect in the casino winner murder case is Devon Melchor. Devon is a 26 years old man of the Upper Darby. According to the prosecutor, the suspect tried to escape the country by booking a flight out of the states. However, the police were able to arrest him in Florida.

Unfortunately, casinos are becoming more and more dangerous every day. Just a month ago, a man was charged with first-degree murder after shooting in a Mississippi casino.

Till now, two suspects have been arrested and the investigation is still going on. “More charges against the two suspects are expected,” said the prosecutor.

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Delhi police arrest gamblers from a farmhouse

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delhi police arrest gamblers

Just recently, Delhi police arrest gamblers from a farmhouse located in New Delhi. The Delhi police is reported to have arrested a total of 16 gamblers. It should be noted that gambling is considered illegal in many countries around the world including India, Pakistan, and many others. It is strictly prohibited and violators might be fined or imprisoned or both if they are found to be gambling.

The 16 gamblers that the police have arrested were reported to be illegally running a casino in Alipur (a place in New Delhi).  In a report, the police have stated that these gamblers were found inside the farmhouse of a well-known Indian Businessman. It is worth noting that poker chips of worth Rs. 75,00,000 along with Rs. 2,00,000 in cash have also been found at the site. Besides, the police have also found playing cards from the farmhouse.

Furthermore, the main individual who was running the casino is identified by the name  Harvinder Solanki who is 45 years old and has been a teacher at a local school in Delhi before the lockdown imposed due to an increase in the number of positive Coronavirus cases in the country. Harvinder Solanki did not keep up with his teaching career and he resigned just before the lockdown was imposed in the country. According to the police, Harvinder used to regularly organize gambling events in the town and he was also the owner of his own casino that started operating just a while ago.

Delhi police arrest gamblers

16 gamblers have reportedly been arrested from a farmhouse in Delhi.

Delhi police arrest gamblers and around 2,400 poker chips along with a balance register have been also been taken into custody after raiding a casino operating in Alipur, Delhi.  The police official Brijender Kumar Yadav in an interview has said that “We sent our team to Bakhtawarpur road and conducted raids on Friday night. The men were caught red-handed at the spot.”

Moreover, according to Delhi police, this was the first time these gamblers met in Alipur as in the past, they used to meet at places near Sarita Vihar and Noida.

As per the Indian Law, gambling is illegal and anyone who is found to be gambling in physical or online as in case of crypto casinos these days, would be fined or imprisoned or both.

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Karnataka is set to ban gambling of all types

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Karnataka is set to ban gambling of all types

The state of Karnataka is all set to ban gambling of all types including online gambling, wagering, or any game that involves betting.

Gambling is a fun and entertaining activity. People place bets, devise strategies, and try their best to hit the jackpot. At times when they are fortunate enough, they manage to take home a huge sum of money. However, at times they lose everything they have ever got. But that is what gambling is all about. Taking risks is what makes gambling so interesting. Unfortunately, there is a piece of sad news for betters from Karnataka. Home to the Silicon Valley of India, the state of Karnataka has made amendments to the Police Act of 1963 and has now imposed a strict ban on gambling of every type including online gambling. Karnataka is now all set to impose a strict ban on every gambling activity. According to a press release, every activity that involves risking money has been banned and violators will be fined and locked up in jails.

Karnataka is set to ban gambling of all types

The state of Karnataka has imposed a ban on all sorts of gambling activities

With the passing of this bill, Karnataka is set to become the fourth Indian state to completely ban gambling activities after Andhra Pradesh, Tamil Nadu, and Telangana. Lawmakers have passed the bill in light of the developing situation in rural areas. This new law has been passed to strengthen the Karnataka Police Act and aims to make gambling an offense that is non-bailable by law. A huge number of young adults who lost their jobs because of the ongoing Covid pandemic have become addicted to gambling apps and started risking their savings. It was because of this issue the state finally decided to handle the problem with an iron fist.

The state officials say that the idle teenagers especially those living in rural areas of the state “have shown a tendency of becoming habitual gamblers.” Karnataka is one of India’s biggest tech states and the state is now set to strictly ban gambling activities of all kinds and gambling centers including online crypto casinos. throughout the state.  The state of Karnataka has clearly stated the punishment for violators of this law. The Indian state of Karnataka is fully set to place a ban on every gambling activity.  Violators may get imprisonment for up to 3 years of jail or a fine ranging from Rs1000 to Rs100,000 or both. The minimum jail sentence is set to be 6 months while currently, it is one month. On the other hand, the fine that has been decided to impose on the violators is set to be Rs10,000 instead of the current Rs500.

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