Pages:
Author

Topic: How legal is to create betting/gambling site? - page 2. (Read 5345 times)

hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
anyone can create a gambling site as long as they have enough money to support their gambling sites and to start on it. there's a lot of process before you can start a gamblign site and its not easy because before your site can be know by many users you must pay for sig campaign and many more. and being a gambling site owner you must have a really big funds in order to support it because there's a lot of gamblers that betting with a huge amount so make sure you can return the prize pool if they won
But I think not everyone can create gambling site or can open a casino, because in some countries and in some religions gambling is not legal and running a casino or a gambling site is against the law therefore in such countries people do not have the rights to open and run gambling houses.
hero member
Activity: 630
Merit: 500
RealistaToken.com
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
full member
Activity: 434
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
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
hero member
Activity: 910
Merit: 550
anyone can create a gambling site as long as they have enough money to support their gambling sites and to start on it. there's a lot of process before you can start a gamblign site and its not easy because before your site can be know by many users you must pay for sig campaign and many more. and being a gambling site owner you must have a really big funds in order to support it because there's a lot of gamblers that betting with a huge amount so make sure you can return the prize pool if they won
newbie
Activity: 2
Merit: 0
based on your location  it will be legal, some countries betting is legal.

hero member
Activity: 756
Merit: 501
It certainly depends on a country you are in. In Canada and France you need a licence and in the USA it is just forbidden. You need to check it here firstly: https://en.wikipedia.org/wiki/Online_gambling#Legal_status. But why would you do such a thing? I wouldn't, because it is much of responsibility, you know. People become addicted and it is sort of your fault then.
I think you can get license casino even you are not in that place..
i found this site http://gambling.slogold.net/index.php and looks like they are giving licensed bitcoin casino..
I just found it when i was searching it in google but i do not really know if they are giving license to start bitcoin casino.. you can contact them with their contact us..
It's very complicated process, and you will get many license issues, and I don't think how your government will support you. In my country now our government granted license for one person to run online Rummy game, he is paying direct 50% tax amount to governament. So my suggestion is to ask any lawyer you will get all information. 
50% tax directly from government is insanely huge amount and if that's the case on my side,i wont bother myself to build one because the government will only benefit most of my profits but still there is a way that you could able to avoid that its somehow risky but if you would like to make big money then you will surely go risk and go for it. Just be careful not to be caught by the government.
If you wanna legalize a gamble project online you will have to pay several taxes, thats why there are soo many bitcoin casinos as well working with altcoins, the most of them doesnt have any license, soo they take the full profit for them, if you are serious and do wanna to enter into those world you must contact a lawer to handle those legal questions, and one thing, legal casinos in the general get faster investement then ilegal for sure.
hero member
Activity: 588
Merit: 500
Hello.

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

As   other  members said    here  . Creating  a  gambling site   is  okay as long you  have  the  money   to start  on and  build  on it. Just remember the things   that  should be consider  before  building  one.  Must think of the  laws  on  your country if its  against  gambling or  not. If  its okay then  theres no  problem at all  but if  they  prohibit  on building then   for sure you will have a  hard time. I dont think  about  on having a  license  if it  really needed  to get   one  in able to run a gambling site.
but to me i think it is different from country to country and religion, as in some religions gambling is illegal and that is the reason that in such countries, creasing a betting site is also illegal.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
It certainly depends on a country you are in. In Canada and France you need a licence and in the USA it is just forbidden. You need to check it here firstly: https://en.wikipedia.org/wiki/Online_gambling#Legal_status. But why would you do such a thing? I wouldn't, because it is much of responsibility, you know. People become addicted and it is sort of your fault then.
I think you can get license casino even you are not in that place..
i found this site http://gambling.slogold.net/index.php and looks like they are giving licensed bitcoin casino..
I just found it when i was searching it in google but i do not really know if they are giving license to start bitcoin casino.. you can contact them with their contact us..
It's very complicated process, and you will get many license issues, and I don't think how your government will support you. In my country now our government granted license for one person to run online Rummy game, he is paying direct 50% tax amount to governament. So my suggestion is to ask any lawyer you will get all information. 
50% tax directly from government is insanely huge amount and if that's the case on my side,i wont bother myself to build one because the government will only benefit most of my profits but still there is a way that you could able to avoid that its somehow risky but if you would like to make big money then you will surely go risk and go for it. Just be careful not to be caught by the government.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?
If it's real gambling or physical gambling you need a license to run it smooth and they will support your business but if you don't have licence then FBI or NBI (if you are in philippines) they going to chase you but in online i don't think that there are thing that need to be licence.

License is just depending on the jurisdiction of a country about gambling sites. So there in Philippines, usually it is allowed for the past administration.

But since the new president doesn't want to allow gambling sites for the real casino's will not be able to generate good income as they are legit with permit.

And I guess in bitcoin gambling sites, there's no law about it as it is not associated with any foreign currency and some government is not even interested in it.
hero member
Activity: 896
Merit: 500
Maybe if you make a real casino gambling like you have to seek permission to hold a gambling casino. But if it makes gambling sites I think do not need a license because everyone is free to make a gambling site, in my opinion. Legal or not may depend on each country.
For the online gambling site, the licence issue is starting from the point of what are the payment options we are going to provide to gamblers. If we are planning to stick only bitcoin payment option, then there will not be any need of license even in the gambling banned regions. If you want to give credit cards options, then you must need to licenses.

Yes if using a credit card option that definitely requires a license, but gambling in bitcoin does not require a license. But actually I do not know why online gambling requires a license because I think online gambling should be free to do Huh

No i think they need governament permission, otherwise how can they convert Bitcoin to real currencies. They will make huge profits so we can not trust third party companies. If they use credit card means it's legal only governament will track this. So according to me the govt permission is the first method to start your casino site. If you get this and you have enough money you can create your own site within few days.
I think the gambling sites that accept bitcoin does not require permission from the government because if they want to convert from bitcoin to real currency they can use bitcoin wallet. So long as bitcoin is not regulated by the government I think do not need permission from the government. And the fact that today there are many gambling sites that do not have the permission of the government, actually some countries take action by blocking but some countries many of which leave because there are no regulations that govern them.
hero member
Activity: 910
Merit: 500
Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?
If it's real gambling or physical gambling you need a license to run it smooth and they will support your business but if you don't have licence then FBI or NBI (if you are in philippines) they going to chase you but in online i don't think that there are thing that need to be licence.
hero member
Activity: 644
Merit: 500
you want license gambling site
you only ask your govement, if your govement can legal gambling

or this online about information license all country all the world
you can visit link in here
https://www.gamblingsites.com/online-gambling-jurisdictions/
hero member
Activity: 1498
Merit: 547
Top Crypto Casino
Well if your starting a gambling site then you must prefer to have a lot of money, design, security, and licence depends on your country since some country doesn't like online gambling.
hero member
Activity: 532
Merit: 500
It certainly depends on a country you are in. In Canada and France you need a licence and in the USA it is just forbidden. You need to check it here firstly: https://en.wikipedia.org/wiki/Online_gambling#Legal_status. But why would you do such a thing? I wouldn't, because it is much of responsibility, you know. People become addicted and it is sort of your fault then.
I think you can get license casino even you are not in that place..
i found this site http://gambling.slogold.net/index.php and looks like they are giving licensed bitcoin casino..
I just found it when i was searching it in google but i do not really know if they are giving license to start bitcoin casino.. you can contact them with their contact us..
It's very complicated process, and you will get many license issues, and I don't think how your government will support you. In my country now our government granted license for one person to run online Rummy game, he is paying direct 50% tax amount to governament. So my suggestion is to ask any lawyer you will get all information. 
legendary
Activity: 2954
Merit: 1153
It certainly depends on a country you are in. In Canada and France you need a licence and in the USA it is just forbidden. You need to check it here firstly: https://en.wikipedia.org/wiki/Online_gambling#Legal_status. But why would you do such a thing? I wouldn't, because it is much of responsibility, you know. People become addicted and it is sort of your fault then.
Why would one want to run a casino/gambling site? it's simply for profit, if you're successful you'll be making lots of money.
 running on-chain gambling site can be a really good option, if you're worried about license and all.

Indeed this is one of the suggestion of the article I read, to have a cut or piece of the pie of the multi billion dollar industry of gambling.  Running a succesful casino will make you really rich.  Even the top player's income will be just a proportion of what your Casino is earning.
As for the legality, i think it is already answered in the first page.  I just hope you contacted the person that is suggested to you.
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
It certainly depends on a country you are in. In Canada and France you need a licence and in the USA it is just forbidden. You need to check it here firstly: https://en.wikipedia.org/wiki/Online_gambling#Legal_status. But why would you do such a thing? I wouldn't, because it is much of responsibility, you know. People become addicted and it is sort of your fault then.
I think you can get license casino even you are not in that place..
i found this site http://gambling.slogold.net/index.php and looks like they are giving licensed bitcoin casino..
I just found it when i was searching it in google but i do not really know if they are giving license to start bitcoin casino.. you can contact them with their contact us..
legendary
Activity: 1400
Merit: 1009
It certainly depends on a country you are in. In Canada and France you need a licence and in the USA it is just forbidden. You need to check it here firstly: https://en.wikipedia.org/wiki/Online_gambling#Legal_status. But why would you do such a thing? I wouldn't, because it is much of responsibility, you know. People become addicted and it is sort of your fault then.
Why would one want to run a casino/gambling site? it's simply for profit, if you're successful you'll be making lots of money.
 running on-chain gambling site can be a really good option, if you're worried about license and all.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
It certainly depends on a country you are in. In Canada and France you need a licence and in the USA it is just forbidden. You need to check it here firstly: https://en.wikipedia.org/wiki/Online_gambling#Legal_status. But why would you do such a thing? I wouldn't, because it is much of responsibility, you know. People become addicted and it is sort of your fault then.
hero member
Activity: 854
Merit: 500
do anyone here knows how much will be the capital when me and my friends create a gambling sites ? how many bitcoins should we prepare so we can have and create a successful gambling sites? this is just a promotion so im considering all your replies. and how to make it legat to other countries? thanks Smiley
legendary
Activity: 1442
Merit: 1000
definitely find out for the laws of your country like others have
stated!

I know in america depending on the state each state is different and most
will shut the site down and possible arrest your etc.

Do your homework for sure about getting a license.
Pages:
Jump to: