Have you seen situation before where government bodies are investing in casino sites?

[swift]

I think I have actually not seen situation like that before , but I would love to ask if you have seen a situation whereby the government authorities are investing more in casino site or platform , like many actually do this to even make more money and others , what are those situations I would love to hear your opinion




Have you seen situation before where government bodies are investing in casino sites?I would love to know

 

[Hannman]

No I've never seen a situation like that before. It's not like gambling cannot be a good investment but i believe the gain in it is not what to any government can rely on. Government can only be taking tax off gambling

 

[Hasan77]

Yes, there have been instances where government bodies have invested in casino sites or established their own government-operated casinos. This practice is more commonly seen in countries where gambling is legal and regulated.

One notable example is Singapore. The government of Singapore established two integrated resorts, Marina Bay Sands and Resorts World Sentosa, which include casinos among their amenities. These resorts are owned and operated by private companies but are subject to strict regulations imposed by the government.

In some cases, governments invest in casinos as a means of boosting tourism, generating revenue, and creating employment opportunities.