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Wider Crypto World => Gambling & Crypto Casinos => Gambling discussion => Topic started by: Didia Sofunichi on January 15, 2025, 09:25:34 AM

Title: Can gambling be taken as a family business?
Post by: Didia Sofunichi on January 15, 2025, 09:25:34 AM
 Personally I have seen families engage in illicit businesses, some in drugs and others pipeline vandalism. So I was wondering if gambling can be a family business passed from one generation to another.
Title: Re: Can gambling be taken as a family business?
Post by: target on January 15, 2025, 09:42:50 AM
Casino owners passes their business to their son's of course this is when their dead so he's it can be a family business.

But if you mean like father becomes a gambler and then the son learned to gambler because fahter is the role model in the family, I think it happens most of the time in a society where gambling isn't a secret. Idk if it looks sad to you but sometimes I see a son bringing coffee and snack to his father playing cards. It could be that they are supportive to their father 😁
Title: Re: Can gambling be taken as a family business?
Post by: Charles-Tim on January 15, 2025, 10:00:52 AM
But if you mean like father becomes a gambler and then the son learned to gambler because fahter is the role model in the family, I think it happens most of the time in a society where gambling isn't a secret.
This is very bad. Gambling should not be taken as a business because you can not win the house after a long time gambling. Such people will be losing and may likely be in dept.
Title: Re: Can gambling be taken as a family business?
Post by: Agbe on January 15, 2025, 02:59:44 PM
Personally I have seen families engage in illicit businesses, some in drugs and others pipeline vandalism. So I was wondering if gambling can be a family business passed from one generation to another.
Gambling as a family business will be something else because I don't see the possibility of families passing down and practicing gambling as a business because gambling can't be considered as a business that will give profits because gambling is charactarized by high rate of uncertainty which makes gambling a risky business to even start with so any family who considers making gambling as a family business is running on a risky road because gambling has really cause a lot of problems so should not be considered as a family business
Title: Re: Can gambling be taken as a family business?
Post by: target on January 15, 2025, 03:55:43 PM
But if you mean like father becomes a gambler and then the son learned to gambler because fahter is the role model in the family, I think it happens most of the time in a society where gambling isn't a secret.
This is very bad. Gambling should not be taken as a business because you can not win the house after a long time gambling. Such people will be losing and may likely be in dept.

It is indeed bad. So it's reasonable to really ban gambling that Muslims I guess knew what they are doing.But then for us who loves freedom, it's in the gray area.

Unfortunately gambling fathers are common in poor countries. It must be psychological for family members because they are dependent to the father.  But they learn the business and then all the stuff revolves around gambling from selling cigarettes and coffee to gamblers down to providing loan to gamblers.

Title: Re: Can gambling be taken as a family business?
Post by: Didia Sofunichi on January 15, 2025, 04:45:15 PM
Casino owners passes their business to their son's of course this is when their dead so he's it can be a family business.

But if you mean like father becomes a gambler and then the son learned to gambler because fahter is the role model in the family, I think it happens most of the time in a society where gambling isn't a secret. Idk if it looks sad to you but sometimes I see a son bringing coffee and snack to his father playing cards. It could be that they are supportive to their father 😁

For the purpose of clarity, I don't mean owning a casino or gambling shop, I mean a family depending on gambling or become gamblers for a living
Title: Re: Can gambling be taken as a family business?
Post by: Findingnemo on January 15, 2025, 05:31:34 PM
Personally I have seen families engage in illicit businesses, some in drugs and others pipeline vandalism. So I was wondering if gambling can be a family business passed from one generation to another.
There's nothing wrong with owning a casino that you inherited from parents, it's just like any other business but if it has been running unregulated then you can proceed to comply the regulation and no need to worry about it any more.

Just like any other business running a casino is not a joke, it is not going to keep generating revenue, you always have to keep updated for that you need to educate yourself about running a casino.
Title: Re: Can gambling be taken as a family business?
Post by: 0t3p0t on January 15, 2025, 06:01:42 PM
Personally I have seen families engage in illicit businesses, some in drugs and others pipeline vandalism. So I was wondering if gambling can be a family business passed from one generation to another.
This actually depends on how gambling is being regulated in every country or I mean depends on you literally like is it forbidden on your religion, culture and stuff. Some countries prohibit gambling therefore it obviously is illegal to make it a family business in there. Here in my country since it is not illegal anyone who has the ability to fund a gambling business then they can as long as it is compliant to the governments regulation but if you are to asked me if ever I had a chance to acquire a gambling business permit I would personally say "no" because I don't even promote gambling though I gambled before but I already refrain myself from doing it again.
Title: Re: Can gambling be taken as a family business?
Post by: pieppiep on January 15, 2025, 06:14:22 PM
Personally I have seen families engage in illicit businesses, some in drugs and others pipeline vandalism. So I was wondering if gambling can be a family business passed from one generation to another.
Think about how a certain activity, or a habit that is seen as being good or bad is passed down thru generations of a family. When we are thinking of gambling this of course will depend with how it has been regarded and practised by individuals in the family itself. Some families may consider it as a profitable business, although like any business, it comes with a lot of risks when undertaken with full awareness and good boundary setting and risk management practises. However, regardless of what circumstances and what intentions individuals can have continuing something within a family, every decision can and should always be based upon whose health, and what values ​​of the next generation is to be preserved. As for such things, this really all depends what each family has as its approach to living the fullest.
Title: Re: Can gambling be taken as a family business?
Post by: Rubel007 on January 15, 2025, 06:16:28 PM
This will not happen in all cases. There are many family members whose main source of income is the gambling business. They may not gamble but may work in gambling management. And those who have become established gambling business are likely to have this business in the family. If you own a gambling company, then it is natural that one of your heirs will take over that responsibility after your death. Something extraordinary can happen there. However, there is no guarantee that the children or heirs of those who are gamblers will also be gamblers.
Title: Re: Can gambling be taken as a family business?
Post by: Didia Sofunichi on January 15, 2025, 06:24:37 PM
This will not happen in all cases. There are many family members whose main source of income is the gambling business. They may not gamble but may work in gambling management. And those who have become established gambling business are likely to have this business in the family. If you own a gambling company, then it is natural that one of your heirs will take over that responsibility after your death. Something extraordinary can happen there. However, there is no guarantee that the children or heirs of those who are gamblers will also be gamblers.

I do not mean owning a gambling or casino shop, I mean engaging in gambling as gamblers. Can a family depend on gambling as a source of livelihood?
Title: Re: Can gambling be taken as a family business?
Post by: Zed0X on January 15, 2025, 09:33:50 PM
I guess it can be done if they treat it like any other career in the family. I've seen a family of gamblers but, in most cases, I don't think it's intentional to teach the kids how to gamble. I learned how to play card and other games that puts bet on the table from watching relatives during occasions.
Title: Re: Can gambling be taken as a family business?
Post by: Sim_card on January 15, 2025, 09:38:32 PM
If you are the gambler, you are only wasting youe time because gambling will not give you profit. However, if you own a casino, that's a good business and you can use it as the family investment from one generation to the other.
Title: Re: Can gambling be taken as a family business?
Post by: Stuart on January 15, 2025, 09:45:00 PM
I'm not sure taking gambling as a family business is advisable. Gambling has side effects, and if as a father, a gambler and wants his children to be gamblers all through, then their future might become blur, seeing everything to be on a 50/50 chances.

But if the father owns a gambling site or club, then it can be inherited by the son or daughter as a business, continuing from the footsteps of the father. This will lead to more illicit things, as that's the line gambling trails on as a business.
Title: Re: Can gambling be taken as a family business?
Post by: |MINER| on January 15, 2025, 10:07:36 PM
Personally I have seen families engage in illicit businesses, some in drugs and others pipeline vandalism. So I was wondering if gambling can be a family business passed from one generation to another.
Are you talking about gambling? Or are you talking about gambling companies or gambling online sites?

And whatever it is, I don't think there is any illicit business here. Gambling is a source of entertainment, but it is safe as long as it is not directed at underaged people and as long as it doesn't become an addiction. Now, if the casino business is chosen as a family business, I wouldn't call it bad. However, all of them must be done legally so as not to go against any regional laws.
Title: Re: Can gambling be taken as a family business?
Post by: Penlex_Writer on January 15, 2025, 10:42:16 PM
Personally I have seen families engage in illicit businesses, some in drugs and others pipeline vandalism. So I was wondering if gambling can be a family business passed from one generation to another.
some family can pass it to other generation as the case maybe,but am not in support of that,normally we preach against addiction in gambling,so passing it on to the next generation is big sign off addiction,so for my own opinion it can be accepted as a family business.
Title: Re: Can gambling be taken as a family business?
Post by: robelneo on January 15, 2025, 10:55:37 PM
Personally I have seen families engage in illicit businesses, some in drugs and others pipeline vandalism. So I was wondering if gambling can be a family business passed from one generation to another.

Yes, its possible. Many casinos, online and offline, are run by families, so its possible that the children can inherit the business. Like all businesses, casinos are highly competitive, so the head of the family should make sure that the children who will inherit the business have what it takes to be run; they have to teach the ins and outs of the business at a young age when they are capable of understanding what gambling is, because unlike other businesses, gambling can only be thought of when they are of age.
Title: Re: Can gambling be taken as a family business?
Post by: SmartGold01 on January 16, 2025, 11:41:27 PM
Personally I have seen families engage in illicit businesses, some in drugs and others pipeline vandalism. So I was wondering if gambling can be a family business passed from one generation to another.
This can only be possible if they are casino operation or betting site owners then it can be as a family business were they can passed to the  next generation to manage, but yet I don't think this is possible because in a business when the rightful owner is no longer existing it is very difficult for them manage it without the rightful owner. So, gambling can never be seen as a family business.
Title: Re: Can gambling be taken as a family business?
Post by: Rruchi man on January 16, 2025, 11:57:35 PM
So I was wondering if gambling can be a family business passed from one generation to another.
If a family has a casino, it can be considered a family business from one generation to another. You may be surprised that the family that owns this casino does not even have gamblers, and they only have a casino as a business.
Title: Re: Can gambling be taken as a family business?
Post by: bitterguy28 on January 17, 2025, 05:43:13 AM
Personally I have seen families engage in illicit businesses, some in drugs and others pipeline vandalism.
this passing of business to the next generation does not seem out of willingness but instead something that is enforced upon their children and it doesnt matter whether they want it or not
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So I was wondering if gambling can be a family business passed from one generation to another.
gambling as an activity is not considered a business at least for me but if you are talking about having casinos and hotels and such then obviously that will be passed on to generations since that certainly can be that family's empire and main source of income
Title: Re: Can gambling be taken as a family business?
Post by: Didia Sofunichi on January 17, 2025, 03:47:22 PM
But if you mean like father becomes a gambler and then the son learned to gambler because fahter is the role model in the family, I think it happens most of the time in a society where gambling isn't a secret.
This is very bad. Gambling should not be taken as a business because you can not win the house after a long time gambling. Such people will be losing and may likely be in dept.

I agree with you, gambling is not sustainable. It will be delusional for a family to see gambling as a family business. They will not only be in debt, they will also live like criminals
Title: Re: Can gambling be taken as a family business?
Post by: target on January 17, 2025, 04:36:55 PM
But if you mean like father becomes a gambler and then the son learned to gambler because fahter is the role model in the family, I think it happens most of the time in a society where gambling isn't a secret.
This is very bad. Gambling should not be taken as a business because you can not win the house after a long time gambling. Such people will be losing and may likely be in dept.

I agree with you, gambling is not sustainable. It will be delusional for a family to see gambling as a family business. They will not only be in debt, they will also live like criminals

Gambling being a business is just their way of looking at it.

The more they think gambling is their business then they will be doing it.  They know it's not a sustainable business. Somehow when one family member is hooks to it, a few members are also jumping into it because the discussion on the table is about gambling.


Title: Re: Can gambling be taken as a family business?
Post by: alltalk on January 17, 2025, 10:25:18 PM
Gambling can be fun activity, but it is not a must to pass on to the next generation. I even have no intention to pass gambling habit to my children. I never tell my children about any gambling activity. I hope they can get a better activity, the children aren't a must to be gamblers as well. It is quite surprising that you consider gambling as family business, I just can't imagine if most of family members get addiction. This will be a disaster because all of family members need a help, and no one reminds others to stop when they get addiction.