If I want to start a business in gambling, which country do I choose? - page 3.

Ridwan Fauzi

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Quote from: tvplus006 on September 15, 2019, 01:54:56 PM

If we talk not about online casinos, but about real ones, then there is no better place than Las Vegas in the world. It is possible that not everyone will agree with this, but It is the world capital of the gambling business. For online it does not matter where you are. The only thing that matters is licensing.

Give me an enlightenment if you can, which place must be visited to get the license for someone who intend to create a gambling place? It will be very useful if you share it especially for those people who didn't know it.

Since the gambling site who came to an end with scam then tge license is the most important thing should be owned by the owner. And at least it will give a convince for those gambler and they will playing at the gambling place easily.

traderethereum

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Quote from: coin-investor on September 14, 2019, 08:24:49 PM

Quote from: traderethereum on September 14, 2019, 06:32:10 AM

I am not sure about which country but maybe you need to read in this article:

Code:

https://www.quora.com/Is-it-possible-to-create-an-online-gambling-website
https://startups.co.uk/how-to-start-an-online-gambling-site/

I think you need to search the hosting website, which will allow you to run an online gambling website because not all hosting service will provide that.
And then you need to search for information about how much money you need to build an online gambling website.
Hire some programmer to help you to build the online gambling website.

Curacao is the best option many gambling sites are registered there because it's legal but also check if your country is also accepting licensing online gambling sites, so you don't have to travel to that country ask a legal experts on this matter to keep your business always on the safe side.
Also, pick the right host this is important, not all host welcome a gambling site, I think finding a group of gambling operatorss will be a big help.

I think in my country, gambling was prohibited, but we can gamble without the police know.
But I guess that in my country, there is a gambling place that operates and they have security to protect them from the law.
I already have seen some gambling website was sent on my mobile phone by someone who invites me to join with them, but I ignored them.
Yes, finding a group of gambling operators in my country will be necessary as we can talk to them and ask their advice if we want to build a new gambling website.
Picking the right hosting will be another solution to prevent from breaking an illegal business so we can run the website without any problem in the future.
But we need to maintain the website to be secure from the attackers.

stadus

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You need to study the law in your country before you run a crypto gambling site, when its not regulated, that means you are not going to pay taxes on it but there are maybe some risk that you might regret later for make such decision.

Darkstar is correct, talk to your lawyer, gambling business is a lucrative business but you need to ensure that when you invested, you will be able to operate it longer to continue the profitability of the business and to ensure that you will not be facing legal consequences in the future.

xSkylarx

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Quote from: rdluffy on September 13, 2019, 08:58:01 PM

Guys, which is the best country, friendly to gambling, that is the best choice?
I live in a country where there's no regulation of online gambling with cryptos, but it's not good to risk

So anyone here have some knowledge about this? Is it hard to start a business without have to go to this country?

It's not a regular casino website as we have nowadays...

Are you building a real casino or is it online? If it's a real casino you will go into many process to get your business registered in that country.
I found this link https://thesportsdaily.com/2019/01/31/countries-where-online-gambling-is-legal/ and Philippines is included on it. But recently our government said that online gambling is illegal though I don't know the full scope of it. I suggest before you go to a country and start your gambling business is that you plan it well and you won't be chased by the government for illegal charges.

Cherylstar86

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Quote from: jake zyrus on September 16, 2019, 06:07:14 AM

I think it's nicer to start with your own country since you know more with regards to laws and regulations compare to other foreign country. Only if online gambling is legal in your country and/or cryptocurrency. I don't know about licensing and how it works for starting an online gambling that's why I suggest your own country. But if you have enough information or knowledge then you can also target other countries.

In order to make it smooth and easy mate, I think all the legal requirements must be considered before pursuing a gambling business upon planning it. I am not usually into that gambling business mindset, but once you dealt with a gambling associated business it's really hard when Government Authority is having serious regulation on it.

jake zyrus

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I think it's nicer to start with your own country since you know more with regards to laws and regulations compare to other foreign country. Only if online gambling is legal in your country and/or cryptocurrency. I don't know about licensing and how it works for starting an online gambling that's why I suggest your own country. But if you have enough information or knowledge then you can also target other countries.

Maotezi

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I know from reliable information that there is more gambling in the Balkans than Pharmacy, there are gamblers on every corner. The whole Balkans is also in love with gambling, though they pay a lot of wages at low salaries. Have you ever seen 4 casinos in one place, No! This can only be seen in the Balkans, "where there is no money for food but there is money for bet"

crwth

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Almost everyone has already mentioned the idea of how you are going to operate and start a gambling business.

To get you detailed information on what you would need to do, here is a website that might come in handy for you [1]. It is discussed there multiple topics that might interest you and help you in achieving your goal, and I listed some that I have read that might catch your eye also.

Overview of how much a Gambling License cost in Curacao
It's a Data License
What the Curacao license covers
Where Curacao gambling licenses are valid
How to get a gambling license (How long does it take, License Costs, Hardware Costs, etc.)
What casino businesses can you operate under the Curacao License
Alternative Casino Gambling Licenses options

It is all listed on the website. I hope it would help you have an idea about what you are pursuing. Maybe when you have already started the business, up and running, you might want to advertise it here in the forum. That would be great.

Reference

[1] - https://www.curacaowebhosting.com/2017/05/23/cost-gambling-license-curacao/

rdluffy

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Quote from: TimeTeller on September 15, 2019, 03:40:41 PM

Quote from: DarkStar_ on September 13, 2019, 09:38:30 PM

Most crypto operators get a Curaco license. It's pretty much meaningless and I believe you pretty much just have to pay money to get it, but it does show that Curaco is pretty friendly towards crypto websites or at least does not consider them as illegal. A lot of the larger crypto gambling sites also run unlicensed.

I'd recommend talking to a lawyer before starting a gambling business as they should know a lot more than people on this forum.

Quote from: fortunecrypto on September 15, 2019, 10:14:48 AM

Curacao is the best choice, if you have the money and you are going to set up a big gambling company online, you can go to Curacao, but the most important thing is you are compliant to a country where you are going to register your gambling site.
You can talk a lawyer, the worse thing that can happen to your gambling site is being sued for noncompliant so better get a service from an attorney where you want to register your gambling site.

As the above users already mentioned, he can acquire the Curacao license without setting up his physical office.
He said that he's interested to set-up an online gambling casino not a physical one.
They pretty much summed up what the OP needs to do, he just needs to prepare money for it and an appointment to a lawyer.
And of course, check the laws and regulations towards online gambling of his country.

Yes, thanks guys, at the moment I put Curacao at top of my list and I'm preparing my pre-list with some more countries and I will study about the good and bad stuff of the countries
I'm looking for more information before consult a lawyer of the country, because it's not free and not cheap to waste money

TimeTeller

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Quote from: DarkStar_ on September 13, 2019, 09:38:30 PM

Most crypto operators get a Curaco license. It's pretty much meaningless and I believe you pretty much just have to pay money to get it, but it does show that Curaco is pretty friendly towards crypto websites or at least does not consider them as illegal. A lot of the larger crypto gambling sites also run unlicensed.

I'd recommend talking to a lawyer before starting a gambling business as they should know a lot more than people on this forum.

Quote from: fortunecrypto on September 15, 2019, 10:14:48 AM

Curacao is the best choice, if you have the money and you are going to set up a big gambling company online, you can go to Curacao, but the most important thing is you are compliant to a country where you are going to register your gambling site.
You can talk a lawyer, the worse thing that can happen to your gambling site is being sued for noncompliant so better get a service from an attorney where you want to register your gambling site.

As the above users already mentioned, he can acquire the Curacao license without setting up his physical office.
He said that he's interested to set-up an online gambling casino not a physical one.
They pretty much summed up what the OP needs to do, he just needs to prepare money for it and an appointment to a lawyer.
And of course, check the laws and regulations towards online gambling of his country.

rdluffy

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Quote from: jrrsparkles on September 15, 2019, 11:35:08 AM

Quote from: rdluffy on September 15, 2019, 08:14:53 AM

Guys I apreciate all your posts here, but please read the thread, because I don't want to open a physical place, it's not focused on people living there, it will be based on internet, crypto gambling web site
But as I said it's not a regular one, I just want to open a business, legally and with license, but online, to be present worldwide

For that you need to tell where you are from or like others said you need to contact a legal advisor for proper documentation related to open an online gambling site with crypto.

But make sure that your country allows private gambling sites and also crypto currencies.

I'm from Brazil, it's not legal here to play in physical places, but there's no regulation of online gambling

tvplus006

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If we talk not about online casinos, but about real ones, then there is no better place than Las Vegas in the world. It is possible that not everyone will agree with this, but It is the world capital of the gambling business. For online it does not matter where you are. The only thing that matters is licensing.

jrrsparkles

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Quote from: rdluffy on September 15, 2019, 08:14:53 AM

Guys I apreciate all your posts here, but please read the thread, because I don't want to open a physical place, it's not focused on people living there, it will be based on internet, crypto gambling web site
But as I said it's not a regular one, I just want to open a business, legally and with license, but online, to be present worldwide

For that you need to tell where you are from or like others said you need to contact a legal advisor for proper documentation related to open an online gambling site with crypto.

But make sure that your country allows private gambling sites and also crypto currencies.

fortunecrypto

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Curacao is the best choice, if you have the money and you are going to set up a big gambling company online, you can go to Curacao, but the most important thing is you are compliant to a country where you are going to register your gambling site.
You can talk a lawyer, the worse thing that can happen to your gambling site is being sued for noncompliant so better get a service from an attorney where you want to register your gambling site.

rdluffy

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Guys I apreciate all your posts here, but please read the thread, because I don't want to open a physical place, it's not focused on people living there, it will be based on internet, crypto gambling web site
But as I said it's not a regular one, I just want to open a business, legally and with license, but online, to be present worldwide

carter34

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Quote from: CryptopreneurBrainboss on September 14, 2019, 03:07:26 PM

No crypto based sportbook are actively operating in those areas to my best of knowledge although fiat based sportbooks are operating in their numbers.

The region you are suggesting is not yet ready for that as you have said with the absence of crypto sport book. It means establishing such based crypto gambling will take some time for patronage except he won't mind the time of wait. Africa continent from what I have heard are still in the fiat gambling system mostly.

noormcs5

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Quote from: rdluffy on September 13, 2019, 08:58:01 PM

Guys, which is the best country, friendly to gambling, that is the best choice?
I live in a country where there's no regulation of online gambling with cryptos, but it's not good to risk

So anyone here have some knowledge about this? Is it hard to start a business without have to go to this country?

It's not a regular casino website as we have nowadays...

So are you willing to go to gambling friendly country only to start your own gambling business ? I don't think that's a good idea because you might not know the foreign country rules and you have to adapt to that country and their rules and regulation and you might not be familiar with them. Few countries will not allow you to do business in their country as they only want the local person to establish the business.

If your country have no regulations for the crypto and gambling then I think it's pretty legal to start an online gambling business and you will not face any much issues because there is no law on it.

coin-investor

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Quote from: traderethereum on September 14, 2019, 06:32:10 AM

I am not sure about which country but maybe you need to read in this article:

Code:

https://www.quora.com/Is-it-possible-to-create-an-online-gambling-website
https://startups.co.uk/how-to-start-an-online-gambling-site/

I think you need to search the hosting website, which will allow you to run an online gambling website because not all hosting service will provide that.
And then you need to search for information about how much money you need to build an online gambling website.
Hire some programmer to help you to build the online gambling website.

Curacao is the best option many gambling sites are registered there because it's legal but also check if your country is also accepting licensing online gambling sites, so you don't have to travel to that country ask a legal experts on this matter to keep your business always on the safe side.
Also, pick the right host this is important, not all host welcome a gambling site, I think finding a group of gambling operatorss will be a big help.

dothebeats

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I love to suggest gambling hotspots such as Macau, Singapore, Australia etc. since you do not only consider the price of licensing but also the peers thay you might want to have along the way. Procuring a license on a foreign country while you, being the outsider, might be hard, but then again it is what comes after, or should I say the customers are the ones you should be after because after getting the license to operate, the hardest part in running a gambling house is having your regular set of people inside.

But if you're talking about crypto gambling, Malta is still a safe haven. You can service people from across the globe still, but then again it's being pressured by the EU now so there's that.

malevolent

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Quote from: AB de Royse777 on September 14, 2019, 01:42:47 AM

I do not understand this licensing thing.
A crypto based online casino or sportsbook should be free from licensing and all those centralized powers. We already have a community and it can starts from here. I have seen several gambling sites without a real license but established now. As long as you are providing good service and abide by community commonsense then a crypto based gambling site should be fine.

Easier to spend money if you can prove where it comes from (a legal business), especially with how much money some casino owners are making yearly.

Topic: If I want to start a business in gambling, which country do I choose? - page 3. (Read 688 times)