It's a weird situation to judge. Unless they work on some transparency for their business it's hard to justify leaving any significant amount in their custody as a bankroll. At the same time though there haven't been any reported issues with deposits and withdrawals. So it really could come down to it's a question they don't often get pressed on, and until it becomes a large enough concern for them the current standard responses work fine for them.
I can't say I've really explored the Crypto Gambling market, so I don't know how other sites would answer the same questions.
Topic: Nitrogensports.eu dodging questions regarding their operation (Read 699 times)
They are just shady and dodgy about simple jurisdictional questions; which don't really affect them.
Yeah, and that to me is a huge red flag. Why would they be evasive about a simple question of corporate residency when asked by one of their customers? It makes no sense to me and raises a lot of questions in my mind.Yeah, welcome to crypto gambling lol.
Yeah, it's crazy. If you thought the wild west days of crypto were over, think again. It amazes me that some fly-by-night casinos and exchanges (like Yobit) still conduct business without regulators shutting them down. I'm not saying Nitrogensports is in that category, but their canned responses to a very simple inquiry here don't instill a lot of confidence in me that they're conducting business by the book. 
Had there been any lead or progress regarding what is to be done regarding this whole scenario? It is definitely shady for a comparatively big gambling website to ignore the same question over and over again, and go over the question asked.
~
It usually goes this way:"Where is your company"
"You can find info at our site"
"But I can't find address"
"Contact support (*gives email*)"
"I thought you are support
""Yes, but contact our support"
"Ok. Hello support, where can we find your company's address"
"You can find info at our site"
And then you give up.
I'm just surprised to see how a supposedly county in Costa Rica be protected on a European data base.
They registered the .eu domain via a Dublin services company and a German registrar, possibly using the London company I refer to above.
As well as them using Cloudflare, the new GDPR regulations are making it impossible to get any meaningful Whois data on anyone anymore.
Edit: The London company appears to be a red herring, there was a Nitrogen Health registered at that address but that was a legit health care company since taken over.
Nitrogensports being registered by an Irish company would qualify for the .eu domain anyway.
The only management names I found were Felix Arburola who has been a minion in the Costa Rica sportsbook sector for years and the "co-founder and general manager" James Hampelton, who sounds pretty Brit.
I have found cointelegraph's article dated in 2014. but couldn't find any info about him.There are 3 accounts in nitrogen's linkedin https://www.linkedin.com/company/nitrogen-sports/about/ but I don't see important position - chat moderator, support and one is some kind of security dude who seems work for one consulting or security company in U.S, but website is not online so probably it is not worth mention it.
Someone in this thread mentioned Ideal Media Inc and there are many affiliate sites mentioning that company, for example this one https://www.bitcoinsportsbooks.com/reviews/nitrogen-sports/
Quote
The company is located in San Juan, Costa Rica and is owned by Ideal Media Incorporated.
Linking to this website: https://idealmedia.com
but according to linkedin that company is in Manhattan https://www.linkedin.com/company/ideal-media-inc/about/Maybe wrong link on affiliate site.
Company is also mentioned in this site https://www.vip-bet.com/bitcoin-betting-sites/nitrogen-sports-review/
Quote
The company behind Nitrogen Sports is located in San Pedro, Costa Rica and all of their support staff and servers are situated in Costa Rica as well. The parent company is Ideal Media Inc, which is also located in Costa Rica.
And there is link to linkedin: https://www.linkedin.com/company-beta/3293788/?pathWildcard=3293788 but it is broken. This also didn't give anything:
Huh. Should this be in investigation? I mean, all this info is from shill sites except picture which doesn't reveal anything except some random companies.
~random unsubstantiated claims~
That's not at all what this thread is about. OP clearly not American has had no issues gambling or withdrawing from their site. They are just shady and dodgy about simple jurisdictional questions; which don't really affect them.
The worst part is you're just spreading "information" you've heard, with no proof. Try to deliver substantiated claims and remain on-topic.
Nitrogen sports blatantly lie ablut all of their promo offers. They only care if you're an American.
I heard that they freeze big accounts if you try to withdraw any amount. If you're not an American.
I heard that they freeze big accounts if you try to withdraw any amount. If you're not an American.
I'm just surprised to see how a supposedly county in Costa Rica be protected on a European data base.
They registered the .eu domain via a Dublin services company and a German registrar, possibly using the London company I refer to above.
The new GDPR regulations are making it impossible to get any meaningful Whois data on anyone anymore.
So they are most likely running it out of Costa Rica but could also be from GB? This sure is confusing lol.
Yeah, welcome to crypto gambling lol.
The only management names I found were Felix Arburola who has been a minion in the Costa Rica sportsbook sector for years and the "co-founder and general manager" James Hampelton, who sounds pretty Brit.
I'm just surprised to see how a supposedly county in Costa Rica be protected on a European data base.
They registered the .eu domain via a Dublin services company and a German registrar, possibly using the London company I refer to above.
The new GDPR regulations are making it impossible to get any meaningful Whois data on anyone anymore.
So they are most likely running it out of Costa Rica but could also be from GB? This sure is confusing lol.
I'm just surprised to see how a supposedly county in Costa Rica be protected on a European data base.
They registered the .eu domain via a Dublin services company and a German registrar, possibly using the London company I refer to above.
As well as them using Cloudflare, the new GDPR regulations are making it impossible to get any meaningful Whois data on anyone anymore.
Edit: The London company appears to be a red herring, there was a Nitrogen Health registered at that address but that was a legit health care company since taken over.
Nitrogensports being registered by an Irish company would qualify for the .eu domain anyway.
Since extracting any kind of company information and legality in their website I did a domain lookup and well I hit another roadblock just like you guys since they are somehow protected by this "EURid" Database which does not allow me to "extract" on any kind of information in their gambling site besides their domain name which kinda tells me they are really protecting their company. I'm just surprised to see how a supposedly county in Costa Rica be protected on a European data base.
It's either you try to contact EURid and ask permission on obtaining their company's information or you go directly to the SEC of Costa Rica to verify if a NitrogenSports company exist in their country which I think is a much faster way to do since they have a given contact number in their website.
Code:
Domain: nitrogensports.eu
Registrant:
NOT DISCLOSED!
Visit www.eurid.eu for webbased WHOIS.
Onsite(s):
NOT DISCLOSED!
Visit www.eurid.eu for webbased WHOIS.
Registrar:
Name: Key-Systems GmbH
Website: www.key-systems.net
Name servers:
sid.ns.cloudflare.com
dawn.ns.cloudflare.com
Please visit www.eurid.eu for more info.
It's either you try to contact EURid and ask permission on obtaining their company's information or you go directly to the SEC of Costa Rica to verify if a NitrogenSports company exist in their country which I think is a much faster way to do since they have a given contact number in their website.
^Are they in Costa Rica?
I wouldn't bet on it
But they certainly seem to want people to believe they are and, given the apparent regulatory freedom and zero tax, it makes a lot of sense. Better than that shit hole Curacao...
Quote from: their website
Quote from: T&C's
Governing Law
Any claim relating to Nitrogen Sports's web site shall be governed by the laws of Costa Rica without regard to its conflict of law provisions.
Any claim relating to Nitrogen Sports's web site shall be governed by the laws of Costa Rica without regard to its conflict of law provisions.
As far as proof is concerned, I have found no reference by them to their actual physical address (I haven't looked particularly hard), although there's this
Quote
Nitrogen Sports operates out of San Pedro, Costa Rica and has provided SBR with the address of their headquarters which SBR intends to confirm. The data servers which process wagering and transactions are also hosted in Costa Rica. Nitrogen’s marketing office is located in Canada.
But also this
Quote
Nitrogen Sports
Headquarters Locate
10 Dean Farrar Street
London SW1H 0DX
GB
Headquarters Locate
10 Dean Farrar Street
London SW1H 0DX
GB
But that address has three companies listed, none of which fit the profile.
This is not my first time to look at Nitrogensports' website and surprisingly I just notice that they don't show any kind of legal permits/badges for their gambling operation unlike gambling websites we have seen which they have in common to have a Curacao gaming license under their page you won't see any kind of license in their website. The most sketchiest thing is what TheNewAnon135246 have found and that is their company's profile information which doesn't really give anything at all.
^Are they in Costa Rica?
The only reason to obtain a licence for a gambling (or any) business is if the country from which the business operates requires one.
Costa Rica doesn't appear to have any licencing system or requirement for online gambling.
Quote from: from link
There still is no governmental or regulatory framework governing online gambling or eGaming whatsoever, as such no official Costa Rica Online Gambling License designed to deal with e-gaming (gambling over the Internet) exists.
The absence of legislation governing online gambling operations or administration from Costa Rica means very clearly that a Costa Rica Online Gambling License does NOT exist.
The businesses and operations of Costa Rica-based online gambling or eGaming companies are not not regulated, supervised or licensed in any way shape or form, including the so called ‘Data Processing’ license.
Because there is no official organization to issue any kind of license or recognize license holders, there is no betting or gaming tax whatsoever. Again, to be clear, there is no such thing as a Costa Rica Online Gambling License, Data Processing License or any other kind of license for Online Gaming.
The absence of legislation governing online gambling operations or administration from Costa Rica means very clearly that a Costa Rica Online Gambling License does NOT exist.
The businesses and operations of Costa Rica-based online gambling or eGaming companies are not not regulated, supervised or licensed in any way shape or form, including the so called ‘Data Processing’ license.
Because there is no official organization to issue any kind of license or recognize license holders, there is no betting or gaming tax whatsoever. Again, to be clear, there is no such thing as a Costa Rica Online Gambling License, Data Processing License or any other kind of license for Online Gaming.
I'd have thought the evasive answers you are getting are just standing instructions to customer service staff, along the lines of "If you get any questions about tax, tell them to talk to a tax expert."
Good luck.
Ask them directly to provide you license number (that is all you need), it is non of their business for what you need it.
Do it. If no response I'll be tagging.
Ask them directly to provide you license number (that is all you need), it is non of their business for what you need it. They must provide you information, refusing to do so means they run unlicensed gambling site (if you reported to your tax office that your income came from them, that could give you additional troubles). Keep in mind that company and license are 2 different things.
~snip
Another question - Why are you telling the taxman about your crypto activity?
Another question - Why are you telling the taxman about your crypto activity?
Probably because he lives in a country like myself, where it is illegal not to do so?
Hhampuz, I could be wrong for suggesting this but as long as they’re trustworthy and go about their business in the correct manner - i.e. paying out every winner.....
Does it really matter if they don’t want to announce where they trade from?
It’s probably simply to avoid paying taxes themselves which I’m sure we all like to bend the truth a little to our taxman?
Another question - Why are you telling the taxman about your crypto activity?
Does it really matter if they don’t want to announce where they trade from?
It’s probably simply to avoid paying taxes themselves which I’m sure we all like to bend the truth a little to our taxman?
Another question - Why are you telling the taxman about your crypto activity?
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