If we are talking about licensing and protection of casino users, a very important factor is the jurisdiction in which the license is obtained. And as practice shows most online casinos try to get a license in Curacao or Malta, as in other jurisdictions getting license is very expensive, which is unaffordable task for new gambling site. Besides, in many jurisdictions there is a tacit monopoly on gambling and getting a license there is simply unreal.
If I had the task to open a casino, I would not immediately get a license, and sent these funds to attract and users and to improve the quality of services that would contribute to a good reputation because I believe that reputation is much more important than the license.
That's what most casinos do not comprehend neither. They should realize that curacao license means nothing to me and probably nothing to many people as well. I get that they are investing a good amount of money to them but the reality is that we are not going to trust them just because they have a curacao license and that usually means nothing to anyone.If I had the task to open a casino, I would not immediately get a license, and sent these funds to attract and users and to improve the quality of services that would contribute to a good reputation because I believe that reputation is much more important than the license.
Just realize that crypto is something irreversible and if I give my money to them then I am going to be sure that they won't give it back to me if there isn't a way that they turn out to be a scam. This is why I believe that we shouldn't really be focusing on a license that is worthless like that.
