Pages:
Author

Topic: How many of these sites are legal? - page 4. (Read 1241 times)

hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
December 05, 2017, 02:52:25 PM
#6
I must say that you can count on your fingers on how many gambling sites out there which are legal and has the correct documents to backup their online business. I've played with so many gambling sites available in the net and I must say, from my own observation, that almost all of them don't have the necessary documents to practice their business in a legal manner. The government can't do anything about it because they'll just close their existing website and create a new one to avoid the hands of any governing body. Take note that many of them will provide legal documents in their website but I'm sure that it has no bearing if it will be investigated by an attorney or lawyer.
legendary
Activity: 3094
Merit: 1127
December 05, 2017, 02:22:55 PM
#5
most of the casino sites operate from some god forgotten offshore country
some of the top dice sites are registered and running without much licensing at all
at least if they had one,they would put it on the front page with huge golden letters 32 pt font size  Grin

Not single of them did already make such act which means its really hard to determine if those gambling sites do really have papers,permits, documentation and other stuff for them to be completely legal. It would depend on the place on where those sites do origin if it do impost strict compliance regarding on tax then might be possible that they did really follow such rules but no one actually knows if you wont really dig deeper.
legendary
Activity: 2016
Merit: 1107
December 05, 2017, 12:54:44 PM
#4
most of the casino sites operate from some god forgotten offshore country
some of the top dice sites are registered and running without much licensing at all
at least if they had one,they would put it on the front page with huge golden letters 32 pt font size  Grin
legendary
Activity: 1764
Merit: 1006
December 05, 2017, 11:25:48 AM
#3
If you want to run such a business,you must have some paperwork.
Even if this business is based in any country of the "tax heaven" ones. The restrictions varies from one country-zone to another but they exist.

In crypto though you have a lot less paperwork worries and that's a fact. At least until now...
BTW you can check out the ToS of any gambling,crypto related site,by yourself. Wink
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
December 05, 2017, 11:02:49 AM
#2
I bet most of them are in a loophole. They are based on some tax haven and they have all the correct papers to establish a business there but to operate in certain countries you must have a legal license.

In my country, fiat casinos not having a license are blocked but I can access all the crypto ones and that’s just because there is a loophole.
sr. member
Activity: 485
Merit: 274
December 05, 2017, 10:31:11 AM
#1
You know, have the correct licenses, etc.  Just curious. 
Pages:
Jump to: