How legal is to create betting/gambling site?

Pettuh4

sr. member

Activity: 812

Merit: 251

Quote from: 2tunnels on January 09, 2016, 06:25:49 AM

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

Yes you need some experience to set up and then look out for ways you can license yourself and the company in order to operate within the remit of the law.

szpalata

sr. member

Activity: 686

Merit: 253

Quote from: 2tunnels on January 09, 2016, 06:25:49 AM

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

Of course you'll need license from the gaming commission or the regulatory authority in your country who handle games so that you'll channel your direct and indirect taxes through them to the government.

The-Accountant

member

Activity: 82

Merit: 10

Legendary.

Making a gambling site with proper documents and permission is a big task actually as not all countries allow such license and they charge a lot too. That been said making a bitcoin's dice site is easy and needs no license I think

LuanX3

hero member

Activity: 756

Merit: 505

Quote from: marcuslong on February 23, 2017, 11:35:28 AM

Quote from: 2tunnels on January 09, 2016, 06:25:49 AM

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

You need permit on creating gambling website how if they will file you some criminal cases like cyber crime law because you did create gambling site website any permision into your goverment if you are going to be bitcoin i think it don't needs permit but make sure that you don't use any informations only bitcoin addreses and api's

This would only happen if you declare where you are and where you would be operating. I don't think you have to declare anything if it is online only and accepting anonymous currency like bitcoins. The only problem here is that you have to kind of launder your money when you cash it out into your fiat currency. Since you have to declare income taxes.

marcuslong

legendary

Activity: 1036

Merit: 1002

Quote from: 2tunnels on January 09, 2016, 06:25:49 AM

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

You need permit on creating gambling website how if they will file you some criminal cases like cyber crime law because you did create gambling site website any permision into your goverment if you are going to be bitcoin i think it don't needs permit but make sure that you don't use any informations only bitcoin addreses and api's

Malsetid

hero member

Activity: 924

Merit: 502

CryptoTalk.Org - Get Paid for every Post!

Quote from: bajing on January 09, 2016, 02:14:09 PM

if you live on the countries allow gambling to operate, you just need buy a license to build your own casino and you can asking to company selling a license to help you. im sure with this too because i never thinking to own online casino because i scared big problem will come to my life

Yeah if you're lucky enough to live ina coubtry thst allows gaming good for you. It's a way better feeling to be operating a gaming business legally with license and considering that gambling is a very big induatry, it would be a very good way of investing your money which almsot has a certainty of big profits.

game-protect

hero member

Activity: 1344

Merit: 507

Quote from: Oralmat on February 21, 2017, 08:31:05 AM

Quote from: roadbits on February 20, 2017, 02:25:29 PM

Quote from: Blitzboy on February 20, 2017, 12:31:37 PM

Quote from: Oralmat on February 20, 2017, 10:54:15 AM

Quote from: traderethereum on December 12, 2016, 12:31:45 AM

i don't think that creating a betting/gambling site need license because we only have buy a domain and hosting, build the site with installation the scrypt, and make promote. i would suggest you to create bitcoin gambling site rather than gambling site using fiat because its more safe if something bad is happen.

Yeah, i also think creating gambling sites doesn't need license. And as you suggest, bitcoin gambling site is really more than better if he create fiat gambling site. Because now the time is starting for bitcoin, and majority of the people who play online gambling they are usually use bitcoin gambling sites. Because different countries people are playing, So it is easy for them to pay bitcoin than fiat.

Online gambling with fiat requires license. If you do not have it, you are not allowed to open one. However, bitcoin has provided us the opportunity to make a gambling website without any paper or identity. Moreover, because of the anonymity, Bitcoin also protects gamblers from cyber attackers and prevents information robbers on the internet. As you can see, we do not need to provide the personal information to join the casinos

In any country, if you are earning money from any business you have to register your business name. If you not how can you take your profit without providing valid proof. So to collect your money you must take a license from your govt. Otherwise, that income will come under black money. you will face problems from your govt side.

I know in every country have rule to register your business and also mustily need license. But in online bitcoin gambling site don't need it, because as i know, whenever we play in bitcoin gambling site, they don't need even our personal information, and as he said, he is right that fiat online gambling sites need license but in bitcoin we don't need it.

In most countries in this world, you need a license if you offer Bitcoin gambling, because license requirement is not only limited to fiat money, but also include valuables.

Oralmat

hero member

Activity: 588

Merit: 500

Quote from: roadbits on February 20, 2017, 02:25:29 PM

Quote from: Blitzboy on February 20, 2017, 12:31:37 PM

Quote from: Oralmat on February 20, 2017, 10:54:15 AM

Quote from: traderethereum on December 12, 2016, 12:31:45 AM

i don't think that creating a betting/gambling site need license because we only have buy a domain and hosting, build the site with installation the scrypt, and make promote. i would suggest you to create bitcoin gambling site rather than gambling site using fiat because its more safe if something bad is happen.

Yeah, i also think creating gambling sites doesn't need license. And as you suggest, bitcoin gambling site is really more than better if he create fiat gambling site. Because now the time is starting for bitcoin, and majority of the people who play online gambling they are usually use bitcoin gambling sites. Because different countries people are playing, So it is easy for them to pay bitcoin than fiat.

Online gambling with fiat requires license. If you do not have it, you are not allowed to open one. However, bitcoin has provided us the opportunity to make a gambling website without any paper or identity. Moreover, because of the anonymity, Bitcoin also protects gamblers from cyber attackers and prevents information robbers on the internet. As you can see, we do not need to provide the personal information to join the casinos

In any country, if you are earning money from any business you have to register your business name. If you not how can you take your profit without providing valid proof. So to collect your money you must take a license from your govt. Otherwise, that income will come under black money. you will face problems from your govt side.

I know in every country have rule to register your business and also mustily need license. But in online bitcoin gambling site don't need it, because as i know, whenever we play in bitcoin gambling site, they don't need even our personal information, and as he said, he is right that fiat online gambling sites need license but in bitcoin we don't need it.

roadbits

legendary

Activity: 1092

Merit: 1000

Quote from: Blitzboy on February 20, 2017, 12:31:37 PM

Quote from: Oralmat on February 20, 2017, 10:54:15 AM

Quote from: traderethereum on December 12, 2016, 12:31:45 AM

i don't think that creating a betting/gambling site need license because we only have buy a domain and hosting, build the site with installation the scrypt, and make promote. i would suggest you to create bitcoin gambling site rather than gambling site using fiat because its more safe if something bad is happen.

Yeah, i also think creating gambling sites doesn't need license. And as you suggest, bitcoin gambling site is really more than better if he create fiat gambling site. Because now the time is starting for bitcoin, and majority of the people who play online gambling they are usually use bitcoin gambling sites. Because different countries people are playing, So it is easy for them to pay bitcoin than fiat.

Online gambling with fiat requires license. If you do not have it, you are not allowed to open one. However, bitcoin has provided us the opportunity to make a gambling website without any paper or identity. Moreover, because of the anonymity, Bitcoin also protects gamblers from cyber attackers and prevents information robbers on the internet. As you can see, we do not need to provide the personal information to join the casinos

In any country, if you are earning money from any business you have to register your business name. If you not how can you take your profit without providing valid proof. So to collect your money you must take a license from your govt. Otherwise, that income will come under black money. you will face problems from your govt side.

Blitzboy

hero member

Activity: 1316

Merit: 561

Leading Crypto Sports Betting & Casino Platform

Quote from: Oralmat on February 20, 2017, 10:54:15 AM

Quote from: traderethereum on December 12, 2016, 12:31:45 AM

i don't think that creating a betting/gambling site need license because we only have buy a domain and hosting, build the site with installation the scrypt, and make promote. i would suggest you to create bitcoin gambling site rather than gambling site using fiat because its more safe if something bad is happen.

Yeah, i also think creating gambling sites doesn't need license. And as you suggest, bitcoin gambling site is really more than better if he create fiat gambling site. Because now the time is starting for bitcoin, and majority of the people who play online gambling they are usually use bitcoin gambling sites. Because different countries people are playing, So it is easy for them to pay bitcoin than fiat.

Online gambling with fiat requires license. If you do not have it, you are not allowed to open one. However, bitcoin has provided us the opportunity to make a gambling website without any paper or identity. Moreover, because of the anonymity, Bitcoin also protects gamblers from cyber attackers and prevents information robbers on the internet. As you can see, we do not need to provide the personal information to join the casinos

adrian9900

newbie

Activity: 6

Merit: 0

using facebook or anything dating site you free to create a gambling site like odds. invite friends to get a member then you set the odds whatever you want to set like nba odds

Oralmat

hero member

Activity: 588

Merit: 500

Quote from: traderethereum on December 12, 2016, 12:31:45 AM

i don't think that creating a betting/gambling site need license because we only have buy a domain and hosting, build the site with installation the scrypt, and make promote. i would suggest you to create bitcoin gambling site rather than gambling site using fiat because its more safe if something bad is happen.

Yeah, i also think creating gambling sites doesn't need license. And as you suggest, bitcoin gambling site is really more than better if he create fiat gambling site. Because now the time is starting for bitcoin, and majority of the people who play online gambling they are usually use bitcoin gambling sites. Because different countries people are playing, So it is easy for them to pay bitcoin than fiat.

nelson4lov

hero member

Activity: 2212

Merit: 805

Top Crypto Casino

Did OP finally created his own Gambling site? I'm just checking for updates If It went well

hajimasan

hero member

Activity: 882

Merit: 500

Quote from: 2tunnels on January 09, 2016, 06:25:49 AM

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

If You Want to Create your own Bitcoin Gambling Website then you need a Huge Bankroll to Pay the Users of your Gambling Website and Also You Need to have atleast 50-100 Btc as Your Bankroll and to Cover your all Expenses Like Advertising Expenses, Server And Much More Other Expenses and Also If the gambling is Illegal in your Country then I Suggest you don't create a Bitcoin Casino.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

i don't think that creating a betting/gambling site need license because we only have buy a domain and hosting, build the site with installation the scrypt, and make promote. i would suggest you to create bitcoin gambling site rather than gambling site using fiat because its more safe if something bad is happen.

HaXX0R1337

sr. member

Activity: 574

Merit: 252

Quote from: adi33 on December 10, 2016, 08:22:35 AM

Quote from: 2tunnels on January 09, 2016, 06:25:49 AM

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

I gamble does not require a license if the site is legal or not. as long as it is not a scam and I think that's fair for the license does not have to be in persoalkan. legal if it is difficult. gambling is banned in many countries

He is thinking about creating his own gambling site and confused whether he needs a license to make it legal and here you are talking about gambling being illegal and you don't need a license to gamble Cheesy

.I did not understand the rest of your sentence.I do not think bitcoin gambling sites have to acquire any licenses at the moment ,only if you are dealing with fiat you need to have some license.

maku

legendary

Activity: 1288

Merit: 1000

Quote from: SparkedDev on December 11, 2016, 05:33:01 PM

Quote from: damar09 on December 10, 2016, 08:10:57 AM

if in my country illegal gambling bets, and I do not know any of what I'm doing at all online gambling sites using BTC was illegal or not

A quick google search can help you out with that but its pretty easy to get a panama license.

Is this license accepted worldwide as valid document? I mean we have to assume that 99% casinos which have this type of license from Panama is owned by citizens of other countries.
Gambling liceses issued by Panama or Curaçao are more like virtual licenses anyway.

ufaiz50

hero member

Activity: 1666

Merit: 502

Quote from: 2tunnels on January 09, 2016, 06:25:49 AM

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

not easy to create web gambling, if you have a lot of money it may be easy to get a license it also if your country to legalize gambling

mrkevio

full member

Activity: 210

Merit: 100

It depends on the country you are living in. For example my country accepts online gambling but as far as I know America doesn't anymore. I've tried to spoof my IP into an American one for privacy reasons and I had many problems with them overall, because they wouldn't even let me enter them. It's usually legal I think, in most countries.

SparkedDev

hero member

Activity: 896

Merit: 1000

Quote from: damar09 on December 10, 2016, 08:10:57 AM

if in my country illegal gambling bets, and I do not know any of what I'm doing at all online gambling sites using BTC was illegal or not

A quick google search can help you out with that but its pretty easy to get a panama license.

Topic: How legal is to create betting/gambling site? (Read 5334 times)