Illegal gambling in Turkey surprassed to 11$ Billion in 2018 four times of legal gambling, there is no other sector where the difference is so high.The main reason of this the high taxes, there are more than 6 million gamblers in Turkey and the main reason people prefer illegal gambling instead of legal is taxes of legal gambling almost %55.
Reports have revealed that Turkey is preparing for to initiate a long crackdown in illegal gambling.The plan will be implemented by the Interior and Justice Ministries in coordination with the Revenues Department and the Police Department. While an awareness campaign targeting teenagers and children will outline the many negative effects of gambling, authorities will also discourage the purveyors of such criminal activities through punitive measures.The BDDK is expected to monitor banking and credit card records as a measure to detect individuals who are engaged in such activities.
It Is Likely That the Nation-Wide Offensive on Illegal Gambling May Drive Much of Turkey’s Underground Gambling Industry Toward
Turkey’s offensive against illicit gambling comes at a time of growing recognition that and pose unconventional challenges to traditional gambling regulations. Calvin Ayre, the founder of Canadian gambling and entertainment company, Bodog, stated that may be making gaming regulations “less relevant’, describing as “eat[ing] the online gambling industry.”
Turkey has seen record-breaking P2P volume in 2019, with commentators citing the falling value of the Lira and exit of PayPal from Turkey as driving demand for . It is likely that the nation-wide offensive on illegal gambling may drive much of Turkey’s underground gambling industry toward and in a bid to bypass the surveilled Turkish banking system.
Despite recognizing the challenges that and based online gambling sites may pose to Turkey’s bid to crack down on illicit gambling, Turkey has not developed legal classifications or regulations for virtual currencies. The absence of a legal apparatus pertaining to may obfuscate the prosecution process of those alleged to have profited from illegal gambling activities.
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Published at Sun, 26 May 2019 11:08:09 +0000
