In Lieu of US Ban on Online Gaming Transactions, Trinidad & Tobago moves to Ban all Gambling

June 22, 2021 Off By admin

The Caribbean twin island state of Trinidad and Tobago is on the verge of banning land and online gambling and has already banned casino slot machines with effect almost immediately after Prime Minister Patrick Manning said they encouraged vice. . Manning said in his recent budget proposal speech that gambling activities are a “great concern” for the country. He announced that he would also suspend the Republic’s national lottery and declared slot machines and casinos illegal with immediate effect.

It seems that, unlike in the US, Manning has no intention of supporting gambling activities on land, especially the state lottery, which in many countries is the source of billions of dollars’ worth of revenue each year for support the construction and renovation of schools. and other necessary state expenses. Countries like the US and Germany couldn’t afford to fund a lot of state spending in the interest of their citizens without their state lotteries for revenue.

In the US, state lotteries in 38 states support the financing of new schools, institutional and educational expenses, and in Germany, the million euro state lotteries primarily fund the country’s military expenses. These are just some examples.

Mr. Manning did not give a final implementation date for the internet and online gambling ban. This development, which has surprised many in the country, comes just a week after the US passed legislation to ban US-based players and bettors from using credit cards, checks and transactions. electronic devices to pay and play at online gaming establishments located primarily outside of the US.

Although the US has made it illegal only to transfer funds to online gambling sites, the final bill to ban online gambling in its entity has yet to be passed with final approval and signature. George Bush, and expected in a few weeks, the United States has in no way made it illegal to play on land. In effect, the United States government is forcing its citizens to spend their hard-earned income on American gambling, such as racetracks, lotteries, and land-based casinos.

Pursuant to US Government Code Section 8880.5, “Use of (state) lottery funds is limited to educational purposes and provides that” … funds shall not be spent for … any other non-educational purpose. “Currently, the California State University support budget is represented by the four” Program “categories of INSTRUCTION, ACADEMIC SUPPORT, STUDENT SERVICES and INSTITUTIONAL SUPPORT. Instructional costs funded by lottery can be defined better as the categories of programs included in INSTRUCTION, ACADEMIC SUPPORT and in very limited cases INSTITUTIONAL SUPPORT, since they represent the costs most directly related to classroom instruction and the costs of implementation of the entire system “.

In the US state of Oregon, “Oregonians vote to approve the general categories that can receive funds from the Oregon Lottery and have passed constitutional amendments that allow Lottery funds to be used for economic development (1984), public education (1995) and natural www.ufabet.com  resource programs (1998). Then every two years, the Oregon Legislature and Governor decide which specific programs and projects within those categories receive Lottery proceeds. During the biennium (2001 -2003), almost 63% of all Lottery profits, almost $ 430 million went to the public education. The rest goes to economic development, parks and natural resources, and treatment programs for gambling problems. ”

38 US states have and will continue to have state lotteries; primarily supporting various types of educational funding and where voters can also apply for funding through an application in each state.