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The illegal Rise Of online Betting Company in Nepal | 1xbet,bet365,22bet,Mostbet
00:00
00:50 chapter-1 The illegal Rise
04:57 chapter-2 The Dark truth
09:04 chapter-3 You are the product
11:00 1xbet in Nepal
Translated script (not for read)
The illegal rise of online betting/gambling in Nepal
Globally Online Gambling started in 1998 and the founding company was Planet Poker
According to an article of 2023 of Yahoo finance, the total revenue of companies that conduct online betting and gambling around the world in 2022 was 75.15 billion US dollars, which is estimated to increase to 216 billion US dollars by 2031.
And within this amount, the amount of Nepal is not untouched
Although online gambling companies are illegal in Nepal, they are slowly increasing their market size in Nepal
According to an article from The Rising Nepal
Until the 2018 World Cup in Nepal, there was not much online betting, but during the 2022 World Cup in Qatar, the number of Nepalese betting online from Nepal started to increase.
From anywhere on mobile with little money
Due to the ease of betting and gambling, most Nepali youths are attracted to online gambling
That's why in Nepal now only one agent of 1xbet does business of crores of rupees in a few months
And 1xbet is not the only company that plays online gambling illegally in Nepal, besides this, there are other gambling companies in Nepal like Bet 365, Most Bet, parimatch, 22bet, Melbet.
But how these foreign companies are spreading so fast even though it is illegal in Nepal
The answer is Nepali
These companies don't come directly to Nepal, they don't have any office in Nepal, they make some Nepalis as their agents and are spreading their business.
In Nepal, Nepali agents take out sims using the citizenship of different people and open accounts in any digital wallet of Nepal, transact money and play online gambling with gambling people.
And these same agents have sent billions of rupees every year through hundi to the gambling companies who lost the money of the online gamblers.
In this way, Nepal police did not arrest the agent who played illegal online gambling in Nepal and sent billions of rupees from Nepal to abroad illegally.
In the meantime, Nepal Police has pakdeko for some gambling agents, but pakdera for one or two agents does not matter much until Nepal Police pakdedina the main company or the company's agent. Gamblers and gamblers will keep gambling by adopting every method and even those who keep gambling
Nepal police live gambling and gambling easily
Pakdan can also gamble and play online
Pakdena is not that easy and there are reasons for this, some of the major reasons being the lack of technology and some weak laws in cyber law.
The company or the director of the company will not be arrested by the Nepal Police because they are abroad in a country that has laws that allow online gambling.
Online gambling is legal in most countries abroad.
In the meantime, a question will come to your mind
Why does the Nepalese government not legalize these online gambling companies in Nepal as well?
Doing legal in this way will benefit Nepal in the end
In this regard, senior economist Biswo Paudel says that if sports betting is legalized in Nepal, then the betting company should be owned by the Nepalese company, because in the end, the gambler will win the money and the money earned by the gambler will not go abroad and the gambler will. If the company pays taxes according to the rules of the Nepal government, it will bring some benefits to the country of Nepal
But since anyone can play from anywhere, it increases the number of gamblers in Nepal. The more gamblers there are, the more the gambling company will benefit, because in the end it is the gambler who wins. Therefore, if it is legalized in Nepal, poverty in Nepal will increase, so it is illegal. is
There is a lot of truth in this statement of Economist Vishwa Paudel.
But it doesn't matter to my friend the gambler because even if it is legal or illegal, he still wins money by gambling here.
I ask such a friend of mine 2 questions
How long do you win and if you keep winning by playing online gambling then who keeps losing?
A gambling company?
There is a saying in English
the house always wins
Image&information source Link
techkagaj.com/...
www.sitejabber....
english.nepalp...
www.google.com...
www.google.com...
globalnagarik....