Topic: About Casino Licenses - page 3. (Read 695 times)

You can run a casino without a license but do you think users will gamble on your platform if they found out that you don't have it? As a user, I don't want to play on a website that has no license because there is high chance that I will experience some issues especially on withdrawal. License is one of the basic necessity on any type of business. Even if it becomes successful, authorities will still bring it down since you're illegaly operating.

it's only based on the area you operate in but some are still licensed even though they are not in areas that require it, such as freebitcoin they have been running for more than 10 years and are not licensed but their sister site is licensed, I don't understand if the license will affect a casino to be able to adding a games from certain providers still have to be found out, but many crypto casinos are licensed because players will feel safer to play even though it is not a guarantee that the casino will not scam it just seems that they are serious about the business they are building because to get a license it takes funds that can't be said to be small

I think casinos and gambling houses do operate with licence or under a particular umbrella. If they don't have such coverage then that means there is no instituted authority or government that controls the system. The reason that you don't have casino or gambling places is some countries is that the government there has made it clear to prohibit it which is why they are not found there because they need approval to operate in the first place and operating without approval means illegal and it will go down.  Like in Nigeria, the government is not prohibiting any of such and the gambling companies are under an umbrella and franchise to operate and that is sort of authority and recognition for operation and adult gamblers are not seen to be gambling illegally because the company is under licence.

Way back, license is just an option for the casino to get whether they feel the need of having one or not. However, due to many issues and concerns raised by the players such as being scammed or casino illegally holding their withdrawals, license became a necessity for a casino to legally operate. As far as I know, most countries now require gambling casinos to have a license, otherwise, they will be declared illegal and will be forced close by the government. Maybe there are still some countries who donn't require such, but they are probably so few since developed, developing, and underdeveloped countries are now particular as well with permits for a business to run.

License is also one of the many things that a player looks for in finding a suitable casino for them to play with. Because playing in a casino that has license will give them peace of mind and a form or assurance that they will not be scammed or left hanging. The ease of mind while playing and the moment you want to withdraw funds is what the players are looking for. Hence, most prioritizes to play in a casino that has one. If you opt to do not get license, your patrons will be limited to those do not really bother whether the casino has a license or not, because all want is just to play. But take note that players are smarter now so they prefer to be safe than sorry later on. Since without license, they will easily doubt and will be paranoid from time to time. Finding another casino that has one will be easier than to suffer from the consequences once the casino turns out to be a scam.

I’m sure there are certain territories that would likely allow you to operate a casino without licenses but would open you up to the possibility of potentially getting shut down for a number of reasons.  For me regardless of your situation I highly doubt that it would be a good idea to do this.

A license is proof that an online casino is complying with legal terms.

Referring to crypto-casinos, since supposedly, cryptos are not meant to be authorized, it's not an issue before if a crypto-casino does have a license or not. But since lots of irregularities happened, regulation is now being pushed for the safety of the users. When users got scammed, there was no way they can reach that site because these casinos are not regulated, therefore information was very limited.

Just to be clear, even with a license, it doesn't mean that the casino is 100% can be trusted. It's just that, it's another form of a layer to gain the trust of the community as once a casino is given a license, it means the people running this casino are not anonymous.

Not necessary, but don't expect people will come/register to your casino so easily. Doubt will always be there especially those people who describe "licensed casinos are legit, and the unlicensed are not" you will heard a lot them here.
Yes, licensed casino have huge advantage for user's confidence to use the platform without thinking they will get robbed. You need a lot work to do when opening an unlicensed casino though.

Some casinos here started their operation without a license and was able to build their own user base so that's already a proof that you can actually do it. License probably became a norm because of the massive increase in popularity of crypto and users started asking for it for whatever reason. I think casinos also need to provide a valid license before they could party with third party game providers like in slots.

You got the wrong information, the user's confidence is not the only reason why you need a license, you need a license
so you can operate in many parts of the globe, it's also for compliance, your site can be taken down and you'll get a penalty for running a casino without a license, gamblers knew this so they prefer to play in casinos with a license, and besides you want people's confidence when you invite them to play in your casino.

https://www.gaminglicensing.com/your-online-casino-needs-a-license-too-and-heres-why/

If you are planning to have a successful gambling business then having a license is really advisable. Though some site was able to succeed even without a license but I guess with the current trend in the market, those who have a license are the one being supported. This is one step to becoming a good site, do your best to acquire license and next move is to have a good site which can attract investors as well.

Right, he's free to open and have it launched freely without having those legal permits/licenses that he needs when he's already in operation. But these days, it's one of the most desired factor of gamblers that a casino where they're playing can have. Trust is an issue for most and that's why if a casino is likely to compete with all of these reputed casinos that has a license and has been known for years, do op think that his casino stands a chance from all of those competitors? I don't think that there will be any little chance. At the end of it, if he decides not to get one, he'll be asked by his gamblers and then will walk away upon knowing there's none.

Trust would be the most important thing that you should really need to snip on towards those potential customers or player because if they do see a gambling site which does have a license then it do really build out that

kind of confidence which the thing that they would be having in mind is that on the site they are dealing with is licenses which means it is regulated and something give out assurance that whenever there are scammy things happen then there's a chance that they could sue out someone on that situation.

This is why it do really build up that confidence which is really a very important thing to get when you do have a business.

There are many sites today that use a gambling license. I think that is also better for the appearance and professionalism of a gambling site. As a new customer, that is something you look at. The other side of the coin, however, is that it is not all that much. It is actually mainly intended that you can legally offer your gambling services with a gambling license. People often think that you then have a protected status as a player, but that's not how it works. At least not in practice. And crypto sites can grab a simple license, since no transactions take place through the bank or payment provider. You can have any license you want, but in the end it comes down to the status of a gambling site.

This would really be depending on certain jurisdiction on where you do live or on the country where you are tending to have that online casino.If you do live on a country which does really have these laws and
regulations on any online business or venture of someone tending to do so then you would really be needing up those licenses but if not then you could really freely launch and run one
without having these things.

Lets talk about the real thing about licenses about gamblers/players perception and views towards it which, if ever you do have license then it do really build out
that kind of confidence or assurance into someone which is one of the consideration on why people would decide on playing into your platform.

it is possible to open a casino without a license but it won't be legal and gamblers will be more reluctant on trying the gambling site.

which is a good thing, customer trust is a big part of why casinos flourish. if gamblers are not confident gambling on gambling site because it does not have a license, then it is most likely doomed to fail.

You can't pursue your plans for your casino site if you are unlicensed. I've known a few legit casino sites that didn't have their plans pushed through in some countries that restrict gambling because they don't have a license. If you want to polish everything, you better acquire a license so you can develop and be accepted in most countries. It will also be easy for you to gain the trust of the users over unlicensed sites. It's not necessary but still needed for the success of your casino.

If you are opening an online casino, then a gambling license may not be compulsory but it will be surely affecting the trust of the users. No one would like to play with a casino which is not legal on papers and especially when they have so many options available in the market.

Also if your casino becomes popular by any chance, the regulatory authorities may come knocking on your door which may not yield pleasent experience. So if you are investing money to get a casino launched, get it licensed.

Countries that have officially legalized gambling have also created licensing organization for it. When a gambling company is licensed, that gambling company is governed by a code of conduct. Gambling is conducted there according to their various regulations. As a result, a gambler gets the opportunity to gamble safely.

Should in case you're a gambler and discover a casino without license and in operation then abstain from such because it's illegal and your safety with such isn't sure without ended being scammed, a seriously minded casino should obtain all necessary legal actions needed for it operations right beforr it launch.


Exactly, will you like to patronizes someone that does not have a legal backup for his services, such can even got you into trouble, it also enables you to trace and track them base on reputation,

Most players check the legitimacy through its license. There are still casino sites without licenses but acquiring them is an advantage because players still choose licensed casinos for assurance. It's a good way of proving that you're trusted and a better start to building up a good reputation.