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Topic: Chips.gg |🎰 1000+ Slots |🎤 Live Casino |🎲 1% House Edge Dice |🏦 The Vault - page 4. (Read 24376 times)

legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
I don't want to promote other casino here but to give you an example, have a look at rollbit. There is a global version of rollbit.com and if you visit this website from UK, rollbit.com redirects you to rollbit.co.uk, which has a different games and UI but belongs to rollbit. They did it to meet the regulations.
This is a good example and it makes sense that companies have to follow governmental regulations and they have to adjust their available services, products to users in different countries with different laws, regulations and licenses they got.

I didn't know about this model from Rollbit but it's logical if they actually did it. Obeying law and regulation will reduce a lot of risk for their business, the owners and can help them to expand business better and can maintain it well with time too.

This will be beneficial for the casino only if there are a lot of people using chips.gg from Brazil. At this point, we are just speculating the situation. It would be best if someone from Brazil can try to access chips and see if they can use the platform. If they can access the website without any issue, then we don't have to discuss just based on the news. Or chips.gg representative may share if they received any kind of letter from the Brazilian authorities.
I agree with you that it's better for Chips.gg company if people from Brazil can access the site, or a mirror of it, and use limited services and products from Chips.gg team.

However I disagree with you that Chips.gg company will only get benefit from their business operation ONLY if Brazilians can join the platform. They have users from many countries and if their business model is good, it works in all countries, and bring benefit to the owner team.
hero member
Activity: 770
Merit: 482
I don't want to promote other casino here but to give you an example, have a look at rollbit. There is a global version of rollbit.com and if you visit this website from UK, rollbit.com redirects you to rollbit.co.uk, which has a different games and UI but belongs to rollbit. They did it to meet the regulations.

This will be beneficial for the casino only if there are a lot of people using chips.gg from Brazil. At this point, we are just speculating the situation. It would be best if someone from Brazil can try to access chips and see if they can use the platform. If they can access the website without any issue, then we don't have to discuss just based on the news. Or chips.gg representative may share if they received any kind of letter from the Brazilian authorities.

As far as we know, a casino already got the pass and now they can operate their business in Brazil. I haven't checked the new rules that Brazilian government implemented. But I guess one of them is, casino should not accept credit card deposits from Brazilian players.

hero member
Activity: 882
Merit: 792
Watch Bitcoin Documentary - https://t.ly/v0Nim
Maybe they are really been worried towards the number of people participate in this activities and now they are taking action on this issue before it get worse to their people. But I heard they allow some online casino to operate if the casino agree to the new rules set by the government.
Our forum mate, bitmover posted that people were abusing social benefits, 70% of money received from social benefits was spent in casinos, so for this reason, the Brazilian government decided to ban casinos.

So if they want to continue I guess the only thing to do is to comply what Brazilian government asked. If chips.gg would see some lots of Brazilian players gamble in their casino then maybe they comply with the rules. But if they don't have much good count then maybe they would pass it on and just focus on jurisdiction which they allowed to operate.
If Chips.gg has lots of Brazilian customers and this ban affects them, then my guess is that in the future, they'll create a separate Chips.gg for Brazilian people. I don't want to promote other casino here but to give you an example, have a look at rollbit. There is a global version of rollbit.com and if you visit this website from UK, rollbit.com redirects you to rollbit.co.uk, which has a different games and UI but belongs to rollbit. They did it to meet the regulations.
legendary
Activity: 2758
Merit: 1228
Let's talk about the recent events. Brazil lately blocked 2000+ online casinos. If any of them want to operate their business in Brazil, they must get a license. But if those platforms still operate their business in Brazil without getting a license, the Brazilian government can file a case against the casino. So, probably the casinos will end up getting a license or banning users from Brazil.
I knew of bans on casinos from Brazilian government but didn't know too much details. I actually didn't find out details about it but let's guess difference between license registered casinos and non-license registered casinos, is there any special limitations order by Brazilian government with approved license. If they have special limitations like Dutch government, I can agree with their regulation.

If there is no national special limitation from government, it's like they want to milk money from casinos, nothing more than that and they don't do it because any benefit of Brazilians.

Details on that situation https://www.yogonet.com/international/news/2024/10/14/81881-brazil-blocks-over-2-000-irregular-gambling-sites-as-part-of-government-push-to-regulate-the-sector

Maybe they are really been worried towards the number of people participate in this activities and now they are taking action on this issue before it get worse to their people. But I heard they allow some online casino to operate if the casino agree to the new rules set by the government.

So if they want to continue I guess the only thing to do is to comply what Brazilian government asked. If chips.gg would see some lots of Brazilian players gamble in their casino then maybe they comply with the rules. But if they don't have much good count then maybe they would pass it on and just focus on jurisdiction which they allowed to operate.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
Let's talk about the recent events. Brazil lately blocked 2000+ online casinos. If any of them want to operate their business in Brazil, they must get a license. But if those platforms still operate their business in Brazil without getting a license, the Brazilian government can file a case against the casino. So, probably the casinos will end up getting a license or banning users from Brazil.
I knew of bans on casinos from Brazilian government but didn't know too much details. I actually didn't find out details about it but let's guess difference between license registered casinos and non-license registered casinos, is there any special limitations order by Brazilian government with approved license. If they have special limitations like Dutch government, I can agree with their regulation.

If there is no national special limitation from government, it's like they want to milk money from casinos, nothing more than that and they don't do it because any benefit of Brazilians.
hero member
Activity: 770
Merit: 482
It is a better choice as a casino or gambling platform to try to make sure that you do not have any form of legal problems by being proactive, not waiting for legal problems to come and then trying to solve them.

That is why casinos have restricted regions and do now allow players from some specific countries. If they want to operate all over the world where gambling is not seen as a crime, probably they will have to spend a lot of money to acquire dozens of licenses from the authorities. Since it's not going to be profitable for the business, most casinos decide to have blocked regions so they do not have legal problems.

Let's talk about the recent events. Brazil lately blocked 2000+ online casinos. If any of them want to operate their business in Brazil, they must get a license. But if those platforms still operate their business in Brazil without getting a license, the Brazilian government can file a case against the casino. So, probably the casinos will end up getting a license or banning users from Brazil.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
The bad thing about having legal problems as a platform is that even though the legal problem is not something serious

It is a better choice as a casino or gambling platform to try to make sure that you do not have any form of legal problems by being proactive, not waiting for legal problems to come and then trying to solve them.
If a business get serious legal problem, risk of closing the service is not small. So I see it is big risk and that is reason forcing many companies have to be serious with their lawyers, legal consultants to make sure that their Terms of Service complies with existing laws and any regulation that can damage their platforms.

With users, they have to care about it too as you can see in my post, if you store money in a centralized platform, you need that platform to be safely as much as possible.

Moving away from KYC, legal discussions, there is 100,000 wager race that will end next 10 days.
Quote
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Mr. Chips is giving out $200.00 in reloads to players in the comments to get their place on the leaderboard!

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legendary
Activity: 1456
Merit: 1108
Top-tier crypto casino and sportsbook
So, I am sure that Chips.gg team never want to have same legal problems with governments, consequently they have to put considerable resources to keep good AML on their platform.
The bad thing about having legal problems as a platform is that even though the legal problem is not something serious, many gamblers will not care of the severity of the issue at hand but will not just be comfortable gambling or using the platform that they know has active legal cases. To avoid being in this position, casinos and gambling platforms try their best to make sure that they ensure not to have any form of legal problems.

It is a better choice as a casino or gambling platform to try to make sure that you do not have any form of legal problems by being proactive, not waiting for legal problems to come and then trying to solve them.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
Because if anyone is caught the government will point fingers at the casino if their should be any case of money laundering so they have to be careful with the kind of customer they bring to the table.
Money laundering is not new and AML is not new too, but in the last two years, law enforcement on AML and lawsuits against platforms have been becoming more severe than ever before.

The most famous case is Binance (centralized exchange) and their founder Changpeng Zao, then some other centralized exchanges like Kucoin. If you have been in cryptocurrency industry for a long time, you will know that many Peer to Peer platforms shut down by themselves or had problems with governments.
LocalBitcoins Exchange Closed After 10 Years of Operation.
LocalCryptos is shutting down.
Paxful is shutting down.
Kucoin to introduce mandatory KYC.

So, I am sure that Chips.gg team never want to have same legal problems with governments, consequently they have to put considerable resources to keep good AML on their platform.
sr. member
Activity: 952
Merit: 391
Underestimate- nothing
IMO, nothing is against term & conditions while the money is not involved on any crime.

I can said my money is clean, but just for some case want to laundry the money. Casino have policy, user needed 1x bets before we are allowed to withdraw (for not considering money laundry). Should be my the withdraw are not gonna to marked with these kind of stuff (If we finished the waggering). BTW online casino not gonna to wasting their time for search the resource money



BTW casino is the most heaven place for laundry the money, worried about government ? we all know as long they get a piece (like tax, etc). They not gonna to touch you ~XD.

And their is not companies that don't have terms and conditions this is to protect the company because of crime just exactly the way you explained it, your money might be clean but what of others because you can only speak for your self, people with criminal mindset you will think of how this people minds work, so they have to block every single opportunity they have.  And they can not get a clear information for the source of income because it going to know where the person got is money the truth is going to be very had to get.

Because if anyone is caught the government will point fingers at the casino if their should be any case of money laundering so they have to be careful with the kind of customer they bring to the table.
legendary
Activity: 2660
Merit: 1261
-snip-
IMO, nothing is against term & conditions while the money is not involved on any crime.

I can said my money is clean, but just for some case want to laundry the money. Casino have policy, user needed 1x bets before we are allowed to withdraw (for not considering money laundry). Should be my the withdraw are not gonna to marked with these kind of stuff (If we finished the waggering). BTW online casino not gonna to wasting their time for search the resource money



BTW casino is the most heaven place for laundry the money, worried about government ? we all know as long they get a piece (like tax, etc). They not gonna to touch you ~XD.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
Although I have just a question about the swap features on chipps casino cause I tried using it once or twice but it seems level 14 users are the ones permitted to enjoy this feature or is it something am not doing well.?
Perhaps this requirement is here to prevent money laundering. Like you can not make deposits, bet one or several times, make a swap and withdraw your money with another cryptocurrency. Practice like this is like money laundering and is kind of abuse of Chips.gg's swap feature. It can bring troubles legally to the Chip.gg platform with governments because they fail to comply with AML.

Deposit > Withdraw: violate AML.
Deposit > Bet very few times > Withdraw: probably violate AML.
Now it is like Deposit > Bet a few times > Swap > Withdraw: I believe it is not allowed because of AML too.
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
We host multiple events weekly on Discord, with our main attractions being “Beat the Boss” and blackjack streams. Both events feature giveaways and prizes for viewers. In “Beat the Boss,” the host plays games suggested by viewers, aiming for the highest multiplier. The game that ends with the highest multiplier becomes the target event on our site, where participants must try to beat that multiplier.

Our latest being Stack'em with 220x: https://chips.gg/promotions/promotion:I87T8W5PHP5UFK98R0KQ3W

Interesting. Thanks for the information.
This must be a good thing for the community who regularly watch the streams and actively participate in discord server. I am not a discord guy and don't spend time on discord servers. But I will check the events from now on. I have joined the signature campaign for a couple of weeks now. But I haven't logged in to my chips account yet. It seems I forgot which email I have used. I will have to talk to support if they can assist me with the account recovery or if it is okay to create a new account.

Yeah this update is certainly a nice one, unlike you mate I think am quite active on discord and will definitely check out this promotion. Chipps.gg is definitely up and active in terms of following up with the massive competition of casino here in the community and also doing a good job at that as I have seen so much promotions and offers which is good for also stamping a strong marketing sense in the industry.

Although I have just a question about the swap features on chipps casino cause I tried using it once or twice but it seems level 14 users are the ones permitted to enjoy this feature or is it something am not doing well.?
hero member
Activity: 882
Merit: 792
Watch Bitcoin Documentary - https://t.ly/v0Nim
kYC was a big problem at one time; I believe that there were more gamblers before against it than now. More gamblers now understand why KYC is important.

I still don't think KYC is important, I don't like the idea of ​​sharing my private information with just about every casino licensed on some island.
No, KYC is very important in ideal world but the sad reality is that it's not regulated. When I submit my KYC documents, I have no idea who is seeing them, who stands behind the company and I have no guarantee that my KYC documents will safely be stored.

Any casino not requiring any form of KYC will be a tool for criminals to launder money...

This is political propaganda... does anyone really think that it is a problem for a gangster to find some documents and pass KYC? You go through some poor neighborhood and for 20-30 dollars you will find a bunch of them who will do it for you. And with wagering requirements for any deposit, why would anyone bother and risk laundering some money?
This is actually right. By the way, I haven't heard about the fact when authorities asked casino or an exchange about particular user and arrested them thanks to KYC submission. Has such an accident ever happened?


Has anyone tried this on Chips.gg challenges? Here is the link: https://chips.gg/challenges
Can anyone create a challenge? Does challenge maker earn money? How does it work? Looks very interesting and unique.
legendary
Activity: 3500
Merit: 1354

When I read the 220x to beat "the chance is great to beat it" but when I opened the current leaderboard "damn it is already that big to beat" LOL.
The current leader has more than 2000x and someone need to hit at least 888x to be on the 3rd position for the last reward.
I tried this long time ago several times but I had no luck while I was trying to beat the boss (and other bosses)  Grin
sr. member
Activity: 952
Merit: 391
Underestimate- nothing
I think that stance is quite common, the government likes to throw that statement as far as I'm aware. Can't really blame casinos if they want to implement KYC because of that. I feel like I have had the same discussion in the past about this, feels like deja vu.

Anyway, has anyone answered the Weekly Stream question above? Maybe Chips can answer that?

This is part of the requirements that will be given to permission to run does casino and I won't blame them to if they accept or even agree with the government is not somthing that they can even reject, it is either they agree and continue with business I don't see anything wrong, their are people that don't want to do Kyc but they don't even have a choice.

And the implementation is not new so people are suppose to be use to crypto by now and it is not somthing thay is a big deal, and I don't even know why some people are still complaining about Kyc they should just accept and move on is not as if any casino will leak their data, the Kyc is just for extra measures in case so if it is already part of their police's then accepting will not be an option.
hero member
Activity: 770
Merit: 482
We host multiple events weekly on Discord, with our main attractions being “Beat the Boss” and blackjack streams. Both events feature giveaways and prizes for viewers. In “Beat the Boss,” the host plays games suggested by viewers, aiming for the highest multiplier. The game that ends with the highest multiplier becomes the target event on our site, where participants must try to beat that multiplier.

Our latest being Stack'em with 220x: https://chips.gg/promotions/promotion:I87T8W5PHP5UFK98R0KQ3W

Interesting. Thanks for the information.
This must be a good thing for the community who regularly watch the streams and actively participate in discord server. I am not a discord guy and don't spend time on discord servers. But I will check the events from now on. I have joined the signature campaign for a couple of weeks now. But I haven't logged in to my chips account yet. It seems I forgot which email I have used. I will have to talk to support if they can assist me with the account recovery or if it is okay to create a new account.
copper member
Activity: 84
Merit: 42
The Future Of Cryptocurrency Gambling
I always receive a reminder email from CHIPS, regarding "Weekly Stream".

Anyone in here ever watch them ? did the stream are sharing some code too or not. Like we usually watch in (Stake.com), perhaps someone who having experience watching Weekly Stream from CHIPS GG can making some description for what they did.

I only reading the part, they are sharing the prize to the viewer from Email description. But want to know from steam experience, especially by the user who are watching them during the stream.


Anyway, has anyone answered the Weekly Stream question above? Maybe Chips can answer that?


We host multiple events weekly on Discord, with our main attractions being “Beat the Boss” and blackjack streams. Both events feature giveaways and prizes for viewers. In “Beat the Boss,” the host plays games suggested by viewers, aiming for the highest multiplier. The game that ends with the highest multiplier becomes the target event on our site, where participants must try to beat that multiplier.

Our latest being Stack'em with 220x: https://chips.gg/promotions/promotion:I87T8W5PHP5UFK98R0KQ3W



legendary
Activity: 2170
Merit: 1789
does anyone really think that it is a problem for a gangster to find some documents and pass KYC?
I think that stance is quite common, the government likes to throw that statement as far as I'm aware. Can't really blame casinos if they want to implement KYC because of that. I feel like I have had the same discussion in the past about this, feels like deja vu.

Anyway, has anyone answered the Weekly Stream question above? Maybe Chips can answer that?
hero member
Activity: 2730
Merit: 632
Too many services don't do this kind of gesture nowadays.
Yes, that's the problem.

People hate KYC cause they can delay the withdraw as well, we are allowed for deposit & play without KYC and suddenly getting these after we withdraw bigs. Even, all casino will response (Casino will never block or ask KYC for big withdraw). But, we all know these just can be used for some KYC for delay the transition > hopefully the player using the balance and lose them all.

Kyc it's fine, but they should ask in front.

Due to that situations happen where there are some casinos using this to trap winning gamblers I also think about doing KYC in advance is fine. Since we need to deal with it anyways and better to execute this early so there's no reason for them to use this reason to delay everything especially the withdrawal requested by people.

If the casino want fairness then they should implement this since for sure this matter is actually not a big deal for those people who used to do KYC on reputable online platforms also for sure they would comply on this especially if the casino allow this to happen. I guess there's less people skeptical on this requirements but for sure majority want to do it due to those reason mentioned by people here.
It is really that becoming a norm now on which those old and known casinos into this market had already making up some transitioned that on the moment that you do make out some registration then they would really be asking out some KYC. Just like on Stake or Roobet but Stake is much more strict since you would really be needing up to give out more information and verification.

Most of us would really be still that trying out to prefer on having those platforms on which doesnt ask out some KYC but if they were really that trying out to ask out on the moment that you do win up some significant amount then its better that you have done it earlier but who knows? right for us to win up something big?. This is why some people would really be that skeptical when it comes to verification procedures
because they cant be sure whether they win up something big or not. We do much prefer on staying up anonymous as possibly as we could.
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