Why Local and International Gambling Companies Are Important For Charities
At first sight, land-based and online gambling seems to be not very charity-friendly because people tend to spend money on games and entertainment. From a charity organization’s point of view, one could spend one’s money with better results than playing games.
However, different industries develop at their own pace and if gambling is legal in the country or jurisdiction, gamblers can play for real money as much as they like.
And yet, there is a connection between the gambling industry and charity that many people don’t see and don’t understand, thus underestimating the positive influence and contribution of gambling facilities and gamblers in many charity projects and initiatives.
This post explains exactly how gambling houses or local sites like these online casinos in Ontario are useful for charity and why they should be used in local and international communities as legal sources of donations and funding.
Local Gambling Organisations
Local land-based casinos are a great source of donations and funding for local projects, starting from charity, to education, sports, culture, science, etc.
Legal and licensed land-based facilities are regulated by the corresponding agencies in the country or jurisdiction, and the first thing they do is attract investments.
Land-based casinos can be casual, but many of them function near high-quality restaurants, hotels, and spas, so people actually come there from neighboring cities to relax and entertain. Businesses invest money to be part of this node of entertainment for tourists and visitors.
As a result, land-based casinos become hubs for the development of small and medium businesses, which means jobs are created. More people can have stable jobs, get salaries, and actually make donations to charities and initiatives they personally find important.
Next, land-based casinos pay huge taxes to the government, which, in turn, sends part of the funds to charities. The more taxes are paid by the gambling business, the more projects can be funded by the government.
And eventually, local land-based casinos are obliged according to the law to give part of their income away, not as taxes but directly, to local community needs, including charity, foundations, schools, educational and scientific projects, cultural events, etc.
This works both for big posh casino houses that are built together with hotels and luxurious SPAs, and for small gambling businesses that put cabinets in local bars.
Therefore, land-based gambling facilities are very positive for charity initiatives.
International Online Gambling Resources
If the country, region, or jurisdiction has clear and up-to-date regulations for online casinos, these sites probably function almost like land-based facilities in terms of influence and usefulness for local communities.
If the local government licenses and regulates online casinos, regardless of whether they are run by local gambling operators or foreign ones, the results are pretty much the same – jobs are created, taxes and paid, and charities are funded.
However, many jurisdictions do not yet have full regulations for international online casinos that offer their services to gamblers in more than one or two countries. In the best-case scenario, these casinos can get a local license from a relevant authority, in the worst-case scenario, they just operate in a gray zone.
If an online casino operator acquires a license, part of the funds is sent to the budget and also to charities. Licenses are expensive and hard to get, so casinos pay big money if they really want to have legal access to a certain gambling market.
Ironically, international online casinos that cannot get a local license because the government doesn’t issue them, or doesn’t yet have the relevant regulations, may still want to be able to access the local market, even in the gray zone.
But if they are in the gray zone and don’t have a license, how do they win the players’ trust in the first place?
One of the efficient methods is to be legally licensed by other jurisdictions and have access to legal markets in other countries, and also to take part in funding local or international charity initiatives!
For example, many international online gaming sites contribute a lot to Responsible Gambling initiatives to fight problem gambling and gambling addictions.
Generally, being part of any charity is a huge reputation booster; if an online casino finances feeding kittens in a specific location, it already can win the love and trust of its potential gamblers.
The main rule, of course, is that the casino has to really do what they promise to do – to put their money where their mouth is, so to say. But if this is the case, international online casinos can be very useful for charities for the sake of their reputation and to demonstrate their goodwill to the gambling communities.