ATTENTION TROLL IN THE THREAD!
0% EDGE, 100% Transparency! License coming in Q3!
But anyway, please drop the price, because I am preparing another 50k usd for this baby.
You're the troll? To be positive about a coin that'll never get a license from the Gambling Commission seems to explain that.
Listen to me, and thank me later. This casino site will be illegal because the license will be refused for 99%.
I think it's the right approach to attempt to get a gambling license. A couple of Bitcoin casinos have been granted various licenses to date despite the various risks associated with digital currency & the plethora of hit and runs. Edgeless is actually a big step forward because smart contract based gambling potentially allows players to verify the gameplay is fair and they can be in control of their funds rather than trusting them to a third party site.
In any event it would appear some of the largest traditional online gambling companies are deriving the majority of their profits from restricted markets and one would think one of the key USP's of crypto-currency payments and blockchain based accounts is that they will be even more successful at penetrating those lucrative markets vs. just focusing on the smaller, more heavily saturated ones.
Bet365...also known in Britain for funding the Premier League football team Stoke City... has grown into one of the world’s largest online gambling businesses,
The company – which has no physical presence or assets in China – operates one of the most successful online gambling services that can be accessed from inside the country.
-Bet365 frequently changes its website addresses in China, thereby side-stepping attempts by local regulators to close sites down.
-The company has constructed a complex payments system that allows it to take bets placed using China’s currency, the renminbi.
-only about half of the £1.3bn the company won from gamblers in 2013 came from countries where bet365 possessed a licence to operate.
https://www.theguardian.com/society/2014/oct/03/bet365-profit-china-online-gamblingSo the market for lower casino edge, transparent code & player controlled funds smart contract gambling will be very lucrative both for those with and without a license.