Topic: Operating Online Casino -- Need License? - page 2. (Read 501 times)
For me, it much better to get a license on operating an online casino, especially if your country is demanding for a license, it will make your site very trusted and legal. Also, gambler wants to ensure that their money is safe, you are trusted and especially your not a scam, or if things become unfair, they can report your site and more actions because you are registered.
I certainly would never deposit funds into an unknown unlicensed online casino that could be run by absolutely anyone.
I'm sure that you didn't even know that some of famous gambling sites nowadays doesn't have license.Its actually true but people do still trust to play into that place.When it comes to license,this would vary on countries jurisdiction but I would say that having license does really give out some sort of confidence on gamblers side.
They don't have a license but people trust these gambling sites because they have established their business among gamblers, but soon they will get caught if authorities traced where they are operating their server and their location, it's better to have one that to get ruin when you already established your business.
I think most bitcoiners would be against requiring a license to run a business. People should be free to do what they want and it is on the business owner to build up their reputation and provide their customers with a good service.
That's right and I support the same thing, but if OP still wants to hear what he had in mind i.e.; to go the license way then I have something for everyone to give a read:
https://www.softswiss.com/licensing/
A good page to read out and decide where to start their online casino if they want to go for a license if that is their priority.
Hi, quick question I came up with today, I was curious about... Do you (the owner, whomever) need any license(s) to "legally" operate an Online Crypto Casino (Slots, BlackJack, etc...)? Are you in risk if you don't have them (if you need them)? Like if I made a website tomorrow, could I legally run/operate it and accept deposits?
Some gamblers might not care or bother to check while some don't fail to check for it.
The important things is that getting a licence for your online can prevent à lot of things. Even when the country you are staying in don't request for it, having it can attribute good conduct, honesty and integrity. It assures that users funds are in the right hand, and not someone who will make away with funds.
If you intend to get it, know that this licence varies according to countries and from jurisdiction to jurisdiction.
As far as I know, it needs to have license on the country they are operating. Though several casinos do not bother to get one since they think that they can operate freely without it and that authority will not notice or come after them but there are lots of online casino in my country that were shutdown because they do not comply with the government regulation and that, without license, they are operating illegaly.
I certainly would never deposit funds into an unknown unlicensed online casino that could be run by absolutely anyone.
I'm sure that you didn't even know that some of famous gambling sites nowadays doesn't have license.Its actually true but people do still trust to play into that place.When it comes to license,this would vary on countries jurisdiction but I would say that having license does really give out some sort of confidence on gamblers side.
It won't be long til we see user game-protect coming to reply here declaring the casinos you said are operating illegally.
lol yeah thats what im also thinking . user game protect loves to troll and complain about the legality of the casinos . Quote
I don't play much of casinos though so I don't know much about licenses but as long as your casino allow people to play and you pay them fairly, I guess you can operate.
thats not enough i think because if we saw offline casinos they always have a certificate because if not they will be questioned by authorities . same as online , some casinos have a certificate that can be found on their bottom page . certificate can also make them attractive because they will look more trusted .Quote
it doesn't matter when you will suddenly tick and turned scam. Any of the license casinos can still be a scam.
but its hard for them turned into scam because they can easily be track . It won't be long til we see user game-protect coming to reply here declaring the casinos you said are operating illegally. I don't play much of casinos though so I don't know much about licenses but as long as your casino allow people to play and you pay them fairly, I guess you can operate. It doesn't matter when you will suddenly tick and turned scam. Any of the license casinos can still be a scam.
Just like all people here all things needs to be done legally, And because normally for law-abiding citizens they will surely obey the law and just to be safe in not getting arrested by the authority, I really think that a license is a must and it will surely depend on your country if they are OK with online casino, Because mostly some online casino's is ban in certain countries and the government would surely want to take legal actions when it comes to Bitcoin gambling.
It depends mostly on the country where the casino is licensed but most of the major crypto are regulated,the one who have ton of traffic they can't risk to close business by not following some simple rules and procedures.We have the trusted casinos in the Gambling. section.No one wants to play in a casino operated by anyone.
Hi, quick question I came up with today, I was curious about... Do you (the owner, whomever) need any license(s) to "legally" operate an Online Crypto Casino (Slots, BlackJack, etc...)? Are you in risk if you don't have them (if you need them)? Like if I made a website tomorrow, could I legally run/operate it and accept deposits?
It all depends on your local law mate! If your local law explicitly say that you require government approval to carry out such kind of businesses, then you would require license. I would recommend you to get a license before you start operating a crypto casino and get yourself acquainted with the IAGR (International Association of Gambling Regulators) norms. We certainly don't need crap casinos to run in the market!
I think most bitcoiners would be against requiring a license to run a business. People should be free to do what they want and it is on the business owner to build up their reputation and provide their customers with a good service.
You are correct at some point when you talk about the safety of bettors who must have complete information about the owner to keep themselves safe but that doesn't mean that owners can't launch a casino. They can start without a license or giving any information about them but it should be a P2P gambling site and they will work as escrow 'where the only condition remains that they don't cheat'. OneHash is the best example for this. How can a decentralized gambling website paying automatically to their customers on each win need to expose about the owners of that business?
Yes, you need one.
Even if it's from Curaçao, the license will serve as a bragging right or in other words to give players some peace of mind.
It's similar to any other business when you need to create a legal entity and some permit, mainly to show that you are serious about your business, not some kind of hobby projects.
Even if it's from Curaçao, the license will serve as a bragging right or in other words to give players some peace of mind.
It's similar to any other business when you need to create a legal entity and some permit, mainly to show that you are serious about your business, not some kind of hobby projects.
if I made a website tomorrow, could I legally run/operate it and accept deposits?
You may operate but attracting deposits would be a big problem. Even in crypto space now a days, people look for registered companies so that they may chase down the owners on the occurrence of sudden shutdown of a business. That must be a good practice for staying/beginning safer.
if I made a website tomorrow, could I legally run/operate it and accept deposits?
You may operate but attracting deposits would be a big problem. Even in crypto space now a days, people look for registered companies so that they may chase down the owners on the occurrence of sudden shutdown of a business. That must be a good practice for staying/beginning safer.You cannot think about operating a fiat casino but now in crypto world too people start looking for possible things for ensuring their safer environments.
I think license is a must but I’m not familiar where to get it, but as far as gambling is concern, I won’t play on any illegal gamling sites. I believe the trusted gambling sites have their own office, and operating their business legally even if its in a world of cryptocurrency.
I believe in trust and if any gambling sites has trust and fairness I don't care if there are legal or not.we don't need license for cryptocurrency gambling sites and as such license is not what we concern ourselves with but trust. Do you (the owner, whomever) need any license(s) to "legally" operate an Online Crypto Casino (Slots, BlackJack, etc...)?
Depends which areas you are planning to offer gambling services. Whether you plan to block areas that have laws against such activity.
Are you in risk if you don't have them (if you need them)?
If you need them to operate in a country then you obviously are at risk to not have one, yes.
Like if I made a website tomorrow, could I legally run/operate it and accept deposits?
Yep. Anyone can build one, getting customers and retaining customers is the tricky part.
I think having a license is one thing that we need to have, especially if we running a gambling website in the territory of the country which allows gambling in their country. But I don't know the truth because I don't have a gambling site, maybe you can ask with the owner of the recommended gambling site on here, so you know the answer. I think that will be related to where the gambling site is hosted so maybe you can ask with the hosting provider services too to get the right answer.
I can't tell you that it is a must since not every country are strict about that, may we know what country you are in OP? Here's a piece of advice though I am not that of a gambler in nature, in order to get you more players on your gambling casino, you should get one because that will ensure your bettors are in good hands that the casino is operating legally.
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