How legal is to create betting/gambling site? - page 6.

crairezx20

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Quote from: aranachristianjay on June 20, 2016, 12:14:10 PM

Quote from: hua_hui on June 20, 2016, 10:28:16 AM

Quote from: aakashsangwan on June 19, 2016, 10:28:46 AM

In my country gambling is heavily restricted and frowned upon. Online gambling is in its infancy stage. Only one state has permitted online gambling to a few sites. As far as bitcoin is concerned, we do not have any law on bitcoins but it's use is not appreciated. Different countries have different stand on bitcoins, if you are interested in creating a gambling site then you need to check your local laws.

I think a lot of the countries are now standing on the fence for btc. They will see how other countries deal with it before they made their own decision. However, for gambling, this is mainly disapproved or discouraged in most country. Even if you have to open a official casino, there are tons of strict rules that you have to follow.

yeah, and I think investors will also try to look for some other investors who had started an online gambling that uses bitcoins as a currency in their network if it becomes profitable.

And definitely all countries have strict laws and rules when it comes to gambling, even those countries allowed gambling in it, so better before building any gambling website or gambling place in your country especially china, as what the thread starter said, he should need to consult an attorney or a lawyer in regards to his question here.

Yeah also they need license or their business with a proper regulation.. honestly its very hard to start a business like this locally unlike you are making a website and start your own business online you don't need license unless if you are using paypal or other usd payment.. unlike bitcoin anytime you can start your own gambling business anonymously..

aranachristianjay

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Quote from: hua_hui on June 20, 2016, 10:28:16 AM

Quote from: aakashsangwan on June 19, 2016, 10:28:46 AM

In my country gambling is heavily restricted and frowned upon. Online gambling is in its infancy stage. Only one state has permitted online gambling to a few sites. As far as bitcoin is concerned, we do not have any law on bitcoins but it's use is not appreciated. Different countries have different stand on bitcoins, if you are interested in creating a gambling site then you need to check your local laws.

I think a lot of the countries are now standing on the fence for btc. They will see how other countries deal with it before they made their own decision. However, for gambling, this is mainly disapproved or discouraged in most country. Even if you have to open a official casino, there are tons of strict rules that you have to follow.

yeah, and I think investors will also try to look for some other investors who had started an online gambling that uses bitcoins as a currency in their network if it becomes profitable.

And definitely all countries have strict laws and rules when it comes to gambling, even those countries allowed gambling in it, so better before building any gambling website or gambling place in your country especially china, as what the thread starter said, he should need to consult an attorney or a lawyer in regards to his question here.

hua_hui

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Quote from: aakashsangwan on June 19, 2016, 10:28:46 AM

In my country gambling is heavily restricted and frowned upon. Online gambling is in its infancy stage. Only one state has permitted online gambling to a few sites. As far as bitcoin is concerned, we do not have any law on bitcoins but it's use is not appreciated. Different countries have different stand on bitcoins, if you are interested in creating a gambling site then you need to check your local laws.

I think a lot of the countries are now standing on the fence for btc. They will see how other countries deal with it before they made their own decision. However, for gambling, this is mainly disapproved or discouraged in most country. Even if you have to open a official casino, there are tons of strict rules that you have to follow.

aakashsangwan

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Quote from: aranachristianjay on June 19, 2016, 12:38:11 PM

Quote from: Daffadile on June 19, 2016, 10:54:37 AM

Quote from: aakashsangwan on June 19, 2016, 10:28:46 AM

In my country gambling is heavily restricted and frowned upon. Online gambling is in its infancy stage. Only one state has permitted online gambling to a few sites. As far as bitcoin is concerned, we do not have any law on bitcoins but it's use is not appreciated. Different countries have different stand on bitcoins, if you are interested in creating a gambling site then you need to check your local laws.

Here noone knows about it really or cares much. Gambling is legal but advertising it on tv is not.
Where you from that gambling is so heavily restricted ?

As you are asking him to provide the name of his country,

I would also like to ask to you where did you get the information that gambling is legal, we still do have parts in our world where gambling is restricted, like bangladesh, brunei, pakistan, china, hong kong japan, malaysia, singapore, vietnam and more.

You cant say that gambling is legal, if you want to make sure of those countries try to check on google.

Thank you for support! But you forgot to mention India. Tongue

Quote from: Daffadile on June 19, 2016, 10:54:37 AM

Quote from: aakashsangwan on June 19, 2016, 10:28:46 AM

In my country gambling is heavily restricted and frowned upon. Online gambling is in its infancy stage. Only one state has permitted online gambling to a few sites. As far as bitcoin is concerned, we do not have any law on bitcoins but it's use is not appreciated. Different countries have different stand on bitcoins, if you are interested in creating a gambling site then you need to check your local laws.

Here noone knows about it really or cares much. Gambling is legal but advertising it on tv is not.
Where you from that gambling is so heavily restricted ?

I belong to India. It is not only heavily restricted but also supposed to be highly immoral. Just three states are known to have casinos, though others might have some but they are not openly known.

ElpadroBitcoin

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As you can see there are allot of websites that profide gambling using bitcoins and non of them is iligal because it can as you can see.

sana54210

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Quote from: tsaroz on June 19, 2016, 02:01:10 AM

If you open up a virtual gambling site that is just for fun where people use virtual tokens like bitcoins just for fun and bet/gamble on real/virtual events, in that case you may not need a license. Every mainstream fiat accepting gambling and betting sites are licensed but with bitcoin you continue without a license. I know some of the bitcoin based established sites don't have a license for operating gambling.

I am quite sure no license is needed for fun based casinos.
The license and the paperwork along with some agreements is required when you open a legal casino where players can deposit real money and win real money. Until, you deal with real money (eg: only bitcoin payment), you need not to worry about any legal issues. Still, it is highly dependent to your country/county regulations.

aranachristianjay

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Quote from: nizamcc on June 19, 2016, 03:06:48 PM

Gambling is not legal in most countries, but few countries allow it.
And about the licence thing, just stop thinking about it as you won't be in any problems because you are going to run it anonymously.

Yeah if anonymously,

But what if you had been traced right?

So better to make sure just to follow the rules of law in your country and also pay the taxes that you needed to pay.

Nobody want to end up in jail, so better follow all laws in your country regarding in gambling, and run the site with your Geo-location anonymously.
I thinks there is only around 15 countries which you are not allowed to do gambling.

You can try to look at it at google.

nizamcc

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Gambling is not legal in most countries, but few countries allow it.
And about the licence thing, just stop thinking about it as you won't be in any problems because you are going to run it anonymously.

crairezx20

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I think there is a site to verified and make your own certification of business to be legal with licenced if you starting a gambling site.
But someone are can install their business without licence or certification.. and some country are restricted they are not allowing gambling..

aranachristianjay

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Quote from: Daffadile on June 19, 2016, 10:54:37 AM

Quote from: aakashsangwan on June 19, 2016, 10:28:46 AM

In my country gambling is heavily restricted and frowned upon. Online gambling is in its infancy stage. Only one state has permitted online gambling to a few sites. As far as bitcoin is concerned, we do not have any law on bitcoins but it's use is not appreciated. Different countries have different stand on bitcoins, if you are interested in creating a gambling site then you need to check your local laws.

Here noone knows about it really or cares much. Gambling is legal but advertising it on tv is not.
Where you from that gambling is so heavily restricted ?

As you are asking him to provide the name of his country,

I would also like to ask to you where did you get the information that gambling is legal, we still do have parts in our world where gambling is restricted, like bangladesh, brunei, pakistan, china, hong kong japan, malaysia, singapore, vietnam and more.

You cant say that gambling is legal, if you want to make sure of those countries try to check on google.

Daffadile

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Quote from: aakashsangwan on June 19, 2016, 10:28:46 AM

In my country gambling is heavily restricted and frowned upon. Online gambling is in its infancy stage. Only one state has permitted online gambling to a few sites. As far as bitcoin is concerned, we do not have any law on bitcoins but it's use is not appreciated. Different countries have different stand on bitcoins, if you are interested in creating a gambling site then you need to check your local laws.

Here noone knows about it really or cares much. Gambling is legal but advertising it on tv is not.
Where you from that gambling is so heavily restricted ?

aakashsangwan

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In my country gambling is heavily restricted and frowned upon. Online gambling is in its infancy stage. Only one state has permitted online gambling to a few sites. As far as bitcoin is concerned, we do not have any law on bitcoins but it's use is not appreciated. Different countries have different stand on bitcoins, if you are interested in creating a gambling site then you need to check your local laws.

aranachristianjay

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Quote from: buddu on June 19, 2016, 03:22:52 AM

It is illegal to create betting/gambling sites in countries where gambling is allowed.You need to pay taxes and should follow some rules and regulations to avoid fiscal fraud charges.I am not talking about where is not legal at all.So be careful what ever you choose.It is possible at start all to go well and later you face problems.

You might want to correct the bold text,

In some countries that gambling is allowed, you can start and build you online gambling there, but still you need to have some legal papers like taxes return from the bureau of revenue and taxes to avoid any case which might be filed against you and your site.

But over all if you want to build a website for gambling, I recommend to become anonymous at all, and use some servers company that doesn't req. your personal info. if you do not have your own server to host your site.

JasonXG

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You going to have to look online for your country or sections laws and regulations on gambling. Maybe ask a local casino owner or speak to bitcoin casino website admins or owners and find out what coarse of action you should be taking.

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Quote from: Nahl on June 19, 2016, 07:44:57 AM

i don't have any experience regarding that but i think if you stay in country who legalize gambling and if you want to built new gambling sites get the license is necessary here because i guess you don't want your casinos considers as illegal activity but may be you must pass through several stages to get those license

Not to mention, this is easier to falsify. Gambling in bitcoin is very anonymous. I believe this can actually happen.

Nahl

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i don't have any experience regarding that but i think if you stay in country who legalize gambling and if you want to built new gambling sites get the license is necessary here because i guess you don't want your casinos considers as illegal activity but may be you must pass through several stages to get those license

subham1

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yes it may be different from country to country...depends on the laws of country weather betting is leagal there or not

victoryboy

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You need to be aware of laws which are going to be tougher in regards of money laundering which is attached to online casino too.You need to be good with license to avoid unpleasant situations which came appear in future.Better meet the condition and get license before start business.

bithasher

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If you create gambling site and never go for fiat option and strictly remain with Bitcoin or other digital currencies then this can work for you.This doesn't not mean it will make legal your business.In my country you can not start gambling business without getting license for it.I don't know how are laws in your country.It also depends on country to country.

buddu

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It is illegal to create betting/gambling sites in countries where gambling is allowed.You need to pay taxes and should follow some rules and regulations to avoid fiscal fraud charges.I am not talking about where is not legal at all.So be careful what ever you choose.It is possible at start all to go well and later you face problems.

Topic: How legal is to create betting/gambling site? - page 6. (Read 5345 times)