In about 3 weeks from now the DAO ICO begins
Dao Casino is a gambling platform built on top of ethereum
they promise provably fair gambling as well as a lot of fair ways for developers, bankroll backers and contributers if they become active on this platform.
you can get a first glimpse on what dao casino is check out this youtube channel
https://www.youtube.com/channel/UCug4CLYZzq7KEECY9MIqJBgThe same DAO that got hacked right after the launch? I'd say it's quite risky to run such casino or to play there. Also, who is running it? Is it going to be publicly funded like many BTC casinos? If so, the investors are going to be in a huge risk in case of any potential bug abuse or hack. Maybe decentralized casinos will become an industry standard in 5-10 years, but right now they are still too unreliable.
Im not sure in how dao casino relates to the Dao that was hacked, hopefully someone else can clarify this here for us
to who is running this casino- its decentralized and the bankroll backers run it- everyone can become a bankroll backer and you earn money on the losses of the gamblers
Dao casino is not run by anyone other than developers contributers and bankroll backers
everyone receives his fair share and gamblers benefit because the casino is provably fair
if you interessted in backing the bankroll you can download the app or watch my video i made about that wallet
(everything runs right now on the ropsten test network so you can download it and play around- there is a faucet integrated in the wallet which gives you free BET(the currency used for gambling on this platform)
I hope i kind of explained it so it is understandable for the average joe blow but if you want to get more technical please read the whitepaper
https://github.com/DaoCasino/Whitepaper/blob/master/DAO.Casino%20WP.mdOf course this is a pretty new platform, ICO starts end of June so dont expect a toally functional casino right away, give them some time and im sure this will revolutionize gambling
Right now ALL online casinos suck, mostly because they rip you off right after you deposit money on their shady site because of their stupid rollover requirement
Most casinos also use their monopoly to scam players thats a fact and dao casino will change that
Plus DAO casino gives a fair share to devopers, investors and bankroll backers