Topic: About Casino Licenses (Read 695 times)

There are always advantages and disadvantages to a license, a license can increase trust in your casino but regarding reputation it really depends on how the team from the casino runs its business, for example, withdrawals if it takes too long to process will reduce its reputation and the disadvantages from license is makes the casino have to comply with the licensing rules. like KYC obligations where many players don't like it even though in the future this will be hard to avoid

Yes, you can open one without the need of a license but where will this get you, user's confidence in the casino is very important, no players will trust to play in your casino if they don't see, some of the things that will make them trust your casino, and one of them is a license, you will be on the tail of the competition if you don't have it, you will ask your client to put money in your project, it is just right to show them that you are transparent and you are compliant and you are operating in legal ways.

Any question can be asked in the forum but whether or not the question can be answered depends on too many factors, since the question is so specific and it depends on the jurisdiction where the OP is located, or is under consideration for the creation of such casino, and since that information was never disclosed then there is not much we can do to help him.

So I do not think we can give an accurate answer to his question or even something remotely close to it.

some of the old casinos here don't have their gaming license up until now. like freebitco. so it means, if you already have your reputation established, sometimes you can survive and operate your business without a license. however, if you are about to create a new casino or bookie, most users are now looking if the site has a gambling license. this is because new sites tend to scam people or screw their players. but you can definitely run a casino without a license at the start. most known casinos here started without a license, they just acquire it later on once they are generating good interest and revenue from the community.

Theoretically one of these casino licenses should involve strenuous investigation and verification by the country who has an office issuing them. However in practice most of them are rubber stamp operations that will issue a license to anyone who passes some rather basic checks and can transfer enough money on a regular basis to pay for the fee renewal. There are levels to it, some of the worst jurisdictions will not have any point of contact for a customer who has a complaint about a license holder, it is purely considered an advertising mechanism and to fool the uninitiated. The better ones will eventually take action against license abuse because they would like to keep a reasonable baseline reputation as a cleaner place to hold a casino license.

It’s seldom to see casinos who are operating without its license. If you want the people will never doubt on the legitimacy of your casino, then you should have the license to operate so that it will be legalized and people will start trusting it. Especially for high rollers, they always go on licensed and reputable casinos because it’s where they can feel security.

That was a misleading impression about having a license. Clearly, you just consider the license as just as simple paper with no use at all.

Didn't you know that authenticity for every business is a must? Having a license is the start of becoming a credible company. And the result? More users will likely stay on your platform as you are working legally. Customers will also have a feeling that they are in a safe place as a licensed company won't likely do some irregularities because if these companies will do that, they will face the wrath of the authorities who has jurisdiction over them.

I partially agree with you though that having a license doesn't reflect the whole reputation of a gambling site but as you also mentioned, licensing is intended to make the casino legal.

The licenses are in fact only intended for a casino to be able to offer it legally. Other than that, you really have nothing to do with it. There are a few organizations that want to offer a certain amount of help, but if you really have a complaint then you will be turned off again. As a player you should not expect anything from the license commissions, they are only there to increase their own bank account. In any case, you have some sort of starting point if your gambling site has a license, that is the advantage. Yet that says nothing about the reputation of a gambling site.

It is possible but it certainly isn’t legal to do so. Generally people wouldn’t trust your casino because you do not have a valid license. A license gives the casino a legitimate backing, experienced gamblers check for these things before betting on a online casino, one without a license will most likely come as a red flag to users. So if you want your casino to be rated as high as popular casinos you will need a license.

I agree, many gamblers prefer a licensed casino, that is one to look for when choosing a casino so you can play at ease (though it doesnt guarantee that the casino is not scam). That being said, if you're planning to launch your own casino, why dont you operate in legal way? This can attract players that your casino is legit. Building a good reputation will follow and that depends on how you manage it in every aspect to prove that your casino is trustworthy.

As per the answers you have already received from other users here, it depends a lot on the country where you will be hosting your casino.
Obviously there are several alternatives to opening a casino without a license, but you need to analyze the risks of opening a business with this level of "underground".
I say this because today there are numerous gambling sites, it is a market that is already very competitive.
so, opening another site without even having a license is already a big negative point for you when trying to gain the trust of users.

Yes, having a license doesn't mean that the site won't do some shit in the future but the fact that they have a license means they might be serious about their business as they spend time to comply with that.

For me, I will not risk any money at those sites that don't have a license.

That's one of the factors that a gambling site should have.

Gaining trust can come in so many forms not just having a license alone. If I ask you, will trust a newly opened casino that has a license? I bet you will hesitate to deposit and start playing there but you will trust more those have existed here for quite some time and don't have any serious negative feedback.

Having a license can make a site more regulated, making those scammers and fraudsters easy to detect but having a license won't instantly make a gambling site hack resistant. Proposing that your casino has a license seems not enough to convince people to play at them but you should also propose if what features you are offering and why it is different from other existing casinos.

I believe that you need a casino license in almost all countries in the world.
So the answer in NO. It's not legal to operate a casino without a gambling license.
Of course that doesn't stop you from creating one and trying to get customers.
Many businesses stay in the greyhat/blackhat area, but there will be consequences sooner or later.
I think that having a gambling license isn't a guarantee that the online casino won't scam the gamblers, but it's usually better to pick a casino with a license, if you are a gambler. The license kinda gives a false sense of security and the illusion of dealing with a legit business.
If you want to create a casino, try to get a license, otherwise you might have problems with the authorities.

But, if they have a license and then they commit a scam, isn't it more dangerous for them? It will be easy for the authorities to track these scammers because their identities, personal address and other sensitive information might be registered already in the governments before they open up their gambling business but if a gambling site is sure about their intention and they know that they are clean and only wants to deliver an honest and great service throughout the years then getting a license must be ideal since it can make them more superior and I think I don't see a big and successful gambling site who doesn't have a license.

Not just consulting any lawyer, but seeking legal counsel in the country he wants to establish the casino company is very important. I think he can also get good advice from other successful operators of online casinos in the area. They might be able to give him the necessary advice because they have the necessary experience.

 
Although licensing might not be a true test or benchmark to certain the genuineness or quality of any business before I transact business with any firm my first observation would be to confirm if the company has the necessary license that empowers them to operate in the business or area. It has a way of giving users confidence that the business is safe. And I am sure a licensed casino would attract more customers than an unlicensed one.

I believe that one thing does not take away from the other. It is good to ask the question in this forum as general information if he is thinking of opening a casino, but if he decides to do so and is serious about it, he should consult a lawyer.

I also agree with the majority. If I were to open a casino today, I would do it by acquiring a licence. Although technically it is possible to do it without a licence and there are still some casinos that operate without a licence.

I guess there is nothing wrong to ask from this community, specially if his plan is to build crypto related gambling platform. There are a lot of experience gamblers that can give their take on it and then see how it goes to the OP. Of course a lawyer is good to ask for advise, but at least he has some beginner knowledge and could ask the correct question based on our feedback, just saying.

And if you look at the answers, majority thinks that it is very important to have a license regardless if you are going big or just starting.

This is not the kind of question which can be answered in the forum, if you are thinking on opening a casino then it is better that you take this question to your lawyers and see if in the jurisdiction in which you are located you need one.

If you do not need it then you just saved yourself some trouble, however most likely you are going to need one if you want to serve people from the majority of the countries around the world, so maybe it is a good idea to just get one and save yourself a lot of headaches in the future.

Majority might be having this mindset or impression on not to trust anyone or something on the time that you had sent out your funds into other platforms but there's the main difference into those platforms or businesses which does have a license and to those who dont have.When we do speak about possible recovery then as long the funds are been traced up then there's always a chance.We cant make out assurance
but at least we do know on who are the ones behind those companies which decides to scam out people. License is something that people do seek yet it is on the mindset
that there's some legality and assurance if these companies does have one.

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.

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.

You think that when a casino receives a license, players will have protection and other safety with the casino they are playing at, but the campaign you are promoting lacks one, and putting a banner on your signature is a concept that you are telling people, both directly and indirectly, to play there, isn't what you are preaching already defeated? That, I believe, is one of the reasons why 1xbet always has their ways when players complain about closed accounts and delayed withdrawals because the authorities who were meant to undertake appropriate checks never granted them a license.

It may not, but every serious minded one should know it's a compulsory requirement needed for it operations before the time for it demand becomes mandatory, just as we wouldn't want to patronize a substandard enterprise without due registration or buy an unregistered product then i casino must realize that it's out for business and must meet to every required standard for of a good one.

In principle, licenses are there to legalize the model of a gambling site. This means that there is no protection for players on the site. It's used purely to make sure it's all legal. You should not expect too much from gambling commissions, they have no sense at all. Of course it differs per organization, one will do more than the other. You have that problem with all gambling sites, some sites don't even have a license or don't show it.

Really you are right, someone that thinks of establishing casino game supposed to have plans for the license. What op is trying to sure of, is if casino can be established without license, and answer is (yes)

Why people emphasis on license is for the safety of the casino platform, those ones that have being operating without license, it's clear that they are operating illegally and anything can happen to them, because if you notice them and sue them, the surviving of the platform with any allegations alleged to them will be very hard

Opening a casino is a different thing and getting a suitable license is another thing so we don't need to confuse ourselves with this. There are many casinos that are never licensed at all and they are still in existence till now. It is more beneficial to the casino because it will be hard for them to be sued because they have no license at all. Most if these casinos mostly end been a scam because there is no regulatory bodies that is making sure that they are fair and suitable in the business they deliver to the general public.
There are many scam casinos and gambling sites in the market which there motive is to scam customers of their funds.

Some of the casinos today operate without license, but it at risk, if casino gambling sites have a license it will make them to be reliable and that is why so many of the casino platforms do shutdown because of not having a license. Nobody will be comfortable to operate with any of them that operates illegally, the comfortability of a player comes when it notice that a trust of a gamblling platforms is absolutely high, and it so attract more players. So in a summary casino platform that's operating without license its in danger, and not everybody will be confident of them. But lastly most of them operates without license.

Licenses are important, not only to increase the trust of users, but also to see to know that the platform is worthy to use, safe from scammers, and safe from hackers. The license not only checks the owner of the platform, but also checks the security level of the platform. If you open an online casino, what can you show as proof that the platform is worth using? Of course the license. Not only gambling platforms, exchange platforms, wallets and so on also provide licenses to provide evidence that the platform is feasible to use.

Anyone can start an online casino without a license. You just need to setup your website and have a decent bankroll size to pay gamblers. The disadvantage is that it might be really hard to build your reputation and attract gamblers if you don't have a license, because it can sound as a red alert for many of them, as any scammer can create a fake casino without guarantees just to steal from depositors.

With so many consolidated and popular online registered casinos around I think it will be a big challenge for you to compete against them with a brand new unlicensed casino... Why not think about starting another kind of business in a less explored niche of the market?

Having a license doesn't always mean there's a huge advantage as casinos still need to build their reputation on their own and gamblers usually look for feedback and review instead of their license since it barely provides assurance knowing there are casinos that can still confiscate your money even if they're licensed. I still think there's little difference between the two but I remember reading in another thread or post that licenses provide more benefits on the side of casinos than the gamblers.

It is possible for one to open up a casino without a license and I think it can be considered as legal not unlike to some serious business outside that if you don't have a license your business will be tagged as illegal and you will be in great danger once some inspect you.

For some users, it might be true that it gains them a confidence while for the rest, they prefer casinos with no license because a no license casino usually don't come up with a KYC requirements. I think there are licensed casinos on the past who still turned into a scam later on, and there are no license casino who continues to stay's legit so being trustworthy it's not about the licenses.

Well, it all depends on how big you want to go and what your target market is going to be. If you are going to run original games that were developed by yourself and you just want to target a small market, you will most probably get away without a license.

A lot of startup casinos start out small with original games to build and as they grow, they want to expand into offering more third party games and these providers will require the casinos to have valid licenses. As they grow.... regulators will also start noticing them and then they too will hunt for those licenses. 

Casino licenses are not a compulsory one.But it is essential one,because we are using the own money in the casino.So its essential one for the people who had invested dollars to play it.Casino was most wanted game in the gambling field now.Some casino was working without the casino and people investing their money without the knowledge and lazy to check the background verification.It should check before we start to play the casino,then the later check about the casino playing.

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.

I am not saying this. This is a completely different story. I was speaking in general terms. A license means accountability. A licensed casino has strict terms and regulations that they need to abide with. Violations of which could mean fines, penalties like suspension, or even the end of their operation by way of cancelling their registration.

If we go into particulars, though, there are different standards. Curacao license is one that is easy and cheap to obtain.

I don't have much knowledge about this, but it's my personal opinion. if you are based in a country where gambling is legal, of course you must have a license so that you do not violate the laws and jurisdictions of that country.
By obtaining an official license to operate an online casino, it ensures that players make bets without risk, are credible and reliable.  in addition, you have met the standard criteria as set by a country. that way, of course we gambling fans, will not feel worried about our security as users.

Do you seriously think that if an online casino bought a license Curacao its users can be sure that it will not close tomorrow? The casino can be registered to a complete stranger as personal presence is not required to obtain a license in Curacao.

Just do not keep a large amount in the account and read the reviews on the casino, and then the issue with the license will be irrelevant to you.  

It is possible not just to open a casino but to also operate it without a license. But it isn't legal to operate a casino that is not legally-registered. I have read comments before saying that there are actually casinos that operated first before receiving their license. I don't think this is the right sequence. I think for a casino to formally launch and open, a license is required. So a license should come first.

Yes, a license means trust and confidence of users. It also means protection and accountability. A casino that is not accountable to the law is a casino that is most likely to scam.

Every gambling game user wants to feel safe and comfortable, and one of the things they pay attention to is a licensed casino. The licensed casino can attract more users and if that is coupled with other things that can make them comfortable gambling at the casino, it will be an indirect promotion. So maybe you need to think that before setting up a casino, you should take care of the license and put it in your casino once it is launched so that people will see it. Thus, it will attract the courage of people to try your casino and if they can find other things that make them comfortable, they will continue to play at your casino.

In many respects the internet is still somewhat of a wild west. You don't need a license strictly speaking, but if you take deposits and allow gambling by users of certain countries then you will eventually draw the attention of the authorities. People will lose money, people will complain, unless you have extremely good vetting a few underage users will get caught up on your site. Many gambling companies block certain jurisdictions like the UK and US who can likely give them the most legal trouble.

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.

You must needed lisance to do a Legal business . if you haven’t any lisance for your casino platform then no one will Trust your site and no one will invest on your site. tell me one thing yourself How can people trust you or your company without a legal license? Would you trust such a company yourself?

The main thing is that you must know and understand the purpose of the License itself in online gambling casinos.

If you already understand the meaning of an online gambling license, as I quoted above, it is meaningful.
Opening a casino is legal or illegal, does not lie in the license, legal tends to prioritize the rules of opening a gambling site in the area you want to develop a casino, the purpose of the license as stated in the quote above.

this is the main point of the License, but gambling certainly has risks, a casino that has a license is not a guarantee, you will not have problems in the future.

For that, in my opinion a licensed or legal casino, not a guarantee, but the type of gambling site that has a good reputation and is responsible, that's the best.

To be honest, I do not pay much attention to whether the casino has a license to provide gambling services as I'm not in the habit of keeping money in the casino account and at any time may proceed to another as slots are almost everywhere. For me, far more important is the duration of the casino, the absence of negative reviews and quality games. The license is necessary first and foremost for the casino owners so let them worry about it.

Like the Bitvest and 777 that has no license. These are the casino I use to play with Keno but I didn't know they didn't have license up to this day.
They were trusted because they have been operating for a long time and have been conducting the longest running signature campaign in the forum. The reputation though dwindled when lightlord started to be inactive. 

The Keyword I think is run a signature campaign in the forum, even if your casino is not license, you have the chance of success.

It is, and we've seen casinos that has licenses but they haven't made it on the long term meanwhile there are casinos as well that doesn't have licenses before yet manage to be reputable and get a license thereafter. I wonder if dApps casino are licensed casinos that falls with same ruling as the traditional one.

Reputation needs to be built, License is needed for the continuation of the casino in the future. Casinos that do not hold a License can be considered illegal when the government tightens the rules on casinos.
Casino visitors prefer licensed casinos because they are more trusted, many casinos that do not have licenses have to deal with the government to change their status from illegal to legal.

It is not good to think this way or even consider it. If you plan on running any sort of business without licensing or documentation it is a clear indication that you do not have long-term goals or plans for that business. And for a business like a casino, to run it without considering licensing will mean that you may not have many users on your platform as people tend to check the credibility of casino's which also involve if a casino is licensed or not before using it. An unlicensed casino can send the message that the people behind it have dubious characters and may not be willing to make a large payout if someone wins huge there.

You can open a casino without a license but the standard on what players are looking for in a casino is its license, online gambling is a  very competitive market and you are out of gamblers' radar if you do not have it, players look on casinos that are regulated so if they have a complaint they have authority over the casino that they can turn too.
It's part of serious business to have a license, look around you where money is involved they have a license to show you.

Having a license for a casino can give its members confidence when they play at that casino. And that's why many casinos are licensed today and have many members. But having a license is not a guarantee that the casino won't commit fraud or become a place for illegal activity because no one knows about it. But everything will return to how the casino can convince its users to keep playing at that place, even if the casino has a license or not. But indeed, some users feel comfortable and safe if they play at a licensed casino.

In theory this is true but in reality regulators is very to contact by normal players if they a legit concern about the said casino that has license. License company just gave casino a license to operate on all the country that accepts the license. They are also ensuring that the casino software is fair but they are not directly handling all the complaints of all the users and serves as protection because they are just giving casino a way to operate legally in different country.

There’s a separate body that deals with casino concern such as askgambler and other group that specializes on handling casino complaints.

Yeah you're allowed to open an online casino without license, but when the government is more strict and demand the whole casino must be licensed, this will make casino without license is an illegal casino, but currently there's no such rules.

Correct, most users here want licensed casino because they think they wouldn't scam, but at the same time they're don't like mandatory KYC rules lol. This is just funny because licensed casino will always have mandatory KYC rule, while unlicensed casino they don't really need to have KYC rule since it's depends on the CEO.

By obtaining a license, an online casino operator actually indicates the legitimacy of its work on the Internet. Also, everything concerning the claims of players to the casino's operation, they can turn to the regulator, which has the right to make a decision binding on all parties to the conflict, without a license, this is not possible.

You can host an online casino server in a country whose jurisdiction does not prohibit or license gambling and work without any licenses. Currently, the license is not a guarantee that the casino will not be fraudulent and vice versa. So the first thing to do is to check the reputation of the casino and not to deposit money that you are afraid to lose.

Whether or not to make a license when opening a casino is a personal matter.

A Curacao gaming license is the most popular choice among crypto casinos. But it's not essential to have a license in order to operate these types of gambling platforms. Bitvest, for example, has been around since 2015/16 and they don't have a license. 777Coin is another example of an unlicensed bitcoin casino. Whether or not you should trust unlicensed sites is a different story.

Since I mentioned Bitvest, they have operated an honest casino for many years. No idea how everything works now when lightlord isn't around that much.

Yes. I don't think it only concerns the users here at all but to be honest it's the owners as well. The owner will surely know that they operate legally and saying it just gives confidence to the users are just the secondary effect. For me, if you're in a country that license is a must then abide by it and if in a jurisdiction that doesn't allows it, you may not get one but having a license will surely gives you an edge to your competitors.

That's fun because in the past what makes a casino legit was their probably fair engine. The fact that users can verify each bet and that way trust the site. But nowadays is a joke, just look at those fancy slots where people loss all the time with the bonus buys without being able to be sure if their shots was legit, but since the casino has a license then we have to trust in them that the rolls are legit.

Feels like giving a back step in the evolution, but is the way it is.

Yes you can but you are limited to what you can do, what you can attain and it will not reach the goal that you want to achieve in your casino, having a license gives your casino legitimacy in the industry, there are countries that asked for casinos to operate within their jurisdiction to have a license, and you cannot cover a lot od territories

Although reputation is a big factor, still license is what will give the casino a legal basis for its existence, casinos without licenses are looked down on because no authority has jurisdiction over them and in case there is a complaint, there is no authority to contact to take action on user's behalf.

License is not an assurance for a casino not to scam people since even if they have license still they are prone to do this action. But for having peace of mind to legit casino operators regarding on upcoming inquiries regarding to this matter its better to acquire license because there are several users who ask this and look at this as a basis for them to trust the casino.

Yeah, part of it I will say is that if you have a license, most likely you are not going to scam and run away with the gamblers money so it is very important. So it's a protection for us gamblers, you just have to ask yourself, are you willing to gamble on a fly by night casinos?

Even in offline casinos, were here are lot of under ground gambling, you can play but what if the casino raided that? So you are not protected, similar to any services like crypto exchanges, they need to get a license before than can operate and service traders all over the world.

It is not good to go for unlicensed casino because they may misuse your KYC, they may not be qualified enough to pay the amount you win. But there are unlicensed casinos.

I see unlicensed casinos not to be legal because if the risks their customers are exposed to. A licensed casino would have been checked to have ability to operate a casino, but which unlicensed casino may not have.

But people should know that a licensed casino may not have good reputation. After checking a casino to be licensed, it is good to also go for trustworthy ones among them.

License can be a good advantage for other casinos, this only means that you are operating legally and serious about providing quality service and platform for the gamblers.
License also depends on the location of the company, though some site still don't have a gambling license for a reason that they are decentralized platform, but as you can see successful gambling site today most of them have their own gambling license. Having a license can't guarantee a good site though, and you should not focus on this alone better to improve every department especially with the support and marketing side.

1. It is possible to open an online casino without a license.
2. It is not legal to open an online casino without a license.

Depending on the location but there is always a big risk operating an online casino without a license. There are authorities that aren't so strict so you may take the risk. In case of a very strict government on money laundering and gambling, you will be in prison if you don't have enough money and connections. But why look for a headache when you can make business with legal papers?

You can open one there are casinos that opened without a license when they started out, and after getting initial success and they want to get those people who looked for casinos with a license they eventually get one, and you can lose the competition without a license, license carries trust on it, and players tend to trust casinos with all the legalities attached to it if a casino is operating legally he is able to sue if the rights of the casino are violated, you waived it if you don't have a license.

In new era for sure you need a license before you can operate a casino, but if you insist to do this since you want to bypass the legal matters then for sure you will not pass to those gamblers who's meticulous upon selecting a casino and ask those casino a license so that they or majority of gamblers could trust them. This is normally happening especially here so go get a license first before trying to operate a casino here.

If it is just all about the possibility, it is a yes. But legally bound, there will be some problems you and your casino will face because that's what licenses are for.

It is true that having a license will make your customers confident.

But, I am sure that you do not want to have any legal problems as you operate. Since you have mentioned about the customers, they will really look for it.

Casinos require a license, without a license the casino will not be able to operate legally. And the license ensures that the casino follows all the necessary regulations and provides a fair and safe gaming experience for its players.
and licensing also gives the casino a certain level of credibility, as it shows that the casino is willing to comply with the relevant authorities and is serious about its business. And besides that players are more likely to trust licensed casinos than those that don't, and this can generate more business for the casino.
and games at all reputable and licensed online casinos are safe, to ensure safety and security. And make sure you stay away from unlicensed casinos for your protection and to avoid any unwanted things.

There are many things attached to licensing a casino. Before any casino receives there license, the body responsible for such has to check their games if they are valid and they are not skewed to favour only the house, they also check if have are valid team so they don't run away with player's money and also cross check if they will require KYC and how they will take care of players documents in their custody.
Playing in a casino that is not licensed puts your money at risk because should in case they refuse to pay your withdrawals, you cannot sue them or do anything against them since they are not even registered in the first place, this is why a license gives players self-confidence with casinos.

As usual with all kinds of businesses you need a licence to operate it. You will be under laws of specific country you are basing in. North American countries have strict rules with I assume. Your website may be banned in some countries if you don't apply specific quotations they ask you. I mean for example Turks can play with many gambling websites using vpn here in my country. But all websites are deemed as illegal to operate here. So there you go.

Yes, it is possible, but surely there will be many people who doubt that your casino can be trusted and only by showing them what you can do will make them believe that your casino will not be a scam.
Not really, because as long as you can give your users trust and always emphasize that you will never cheat on them and show them your hard work, I think you can slowly gain their trust.
But once you gain their trust, you shouldn't betray them because they will leave you once you make them feel uncomfortable.
Opening a casino means trying to run a business where trust is the most important thing you can get from users.
I think they will play in your casino if you can get them.

To gain the trust of users, not only is a license required, the casino must also be able to maintain the trust of its users. The license is useful for the casino that you manage to become legal, and maintain user trust so that your casino is crowded with visitors. You can take the example of several casino sites on the forum, these sites can last so long because they have the full trust of all forum users, while 1xbit is banned on the forums because the site cannot provide comfort and security to the visitor's balance.

Yes. You won't be able to operate in countries that require licenses though but other than that, pretty sure you should be able to freely open a casino. That is ignoring all the stuff about reputation and security and whatnot since a license is a kind of like a basic requirement (for most people) for casinos to be at the minimum trusted. Not all casinos without licenses are scams though, it just took time for said casinos to actually be trusted and have a good enough player base, so if you're prepared for that then you can go.

It is possible. It is not legal if you intend to operate in most countries of the world.


Like freebitco.in you mean?

You have quite a few casinos without a license here:

Information of Crypto Casinos License and KYC requirements

That are not scams AFAIK.


What you say is quite useful for the OP but you forgot to say one thing: in the UK and many other countries, especially in Europe, it is not enough to have a Curaçao license to operate in them. You need to acquire a country specific license:

Apply for a licence to operate a gambling business.


What many cryptocurrency casinos do is to take a license from a tax haven and then put in their TOS that they do not accept people from England, Wales and Scotland, and many other countries, when in reality they turn a blind eye.

If the technology is available, it is possible to create a simple decentralized gambling site very much to similar to simple Defi swap exchanges. However, similar to Defi exchanges, if it does not have a license then it will be considered to be subject to regulations by the government.

Confidence from users comes from trustworthiness of the company or service. I will use Defi exchanges as an example. Uniswap and Cakeswap are Defi exchanges that do not have licenses but they are very much trusted by much of the community.

you need to separate things:

The license is for the casino to be legal, because in every corner of the world they require a license for casinos to operate, just like Any business needs a license. Now it has to be clear that having a license does not mean that the casino is reliable and that it will not rob people, because we are talking about an online casino where there is no company headquarters and the owners can be anonymous, so the license is not this is about to punish casino scam, at least I have never seen the government of curacao say that it will punish casinos that steal people's money, of course in legal terms people can report to the police when they are robbed and the court will decide the next steps and the government withdraws the license of the casino scam if the court so orders


as I explained above: license is to be legal, license does not guarantee that a casino will be reliable

Not only in UK or US, even in developing and underdeveloped countries, gambling sites needs licence to operate legally.

If a casino do not have a licence, it should be seen as illegal. Before a casino can be given licence, there are certain things that would be considered before giving the casino a licence which it qualified for. Any person can set up a gambling site without a licence, it is just a means scam can easily be done.

People do not need one if they are in countries that banned gambling and the casino is operating illegally. It is still illegal. Or is there any country you know that has government and regulators that legalized gambling but did not make it mandatory for their casinos to get a licence before operating? If there is, such casinos should be avoided.

I know that not all sites are licenced though, which means some gambling sites may not also be licensed. But that is bad to use.

The first thing I checked about gambling site before I proceed to further investigate if it is worthy to be used is its licence.

But if your players are from other countries that are regulated, you will need to block these countries right?

By doing this, they will have limited patrons. Been meaning to ask also when you want to create a casino but have a low budget for it. It would need a lot of money. How will one acquire a license upon creating a casino without going to Curacao?

You need a license to legally serve gambling products to some jurisdictions like the UK and the US.

You don't need one if you open a casino in a territory that doesn't require you to have one (I think a lot do though) and serve countries that don't need you to be licensed there in order to operate. Just search if you need one for your country.

Hello,

Is it possible and legal to open an online casino without a license?
I have heard that a license only allows to put users in confidence
What do you think about this?