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Topic: Own casino in your country? - page 9. (Read 14553 times)

sr. member
Activity: 350
Merit: 250
Interested in the Power of Bitcoin
March 11, 2016, 10:12:36 PM
#34
DARKCHANGE, or anyone else for that matter, do you think setting up an offshore structure specifically in Nicaragua would be fairly easy?  I am thinking about retiring there.
legendary
Activity: 1596
Merit: 1034
March 07, 2016, 02:51:38 AM
#33
I have no plan of owning casino in my country because I don't want to people crazy and complicated because as we all know a lot of people somewhere broke their life unto this gambling.
in my country will not be officially casino, but many who want a casino that was officially established.
sr. member
Activity: 424
Merit: 250
Legendary est. 2013
March 06, 2016, 04:24:14 PM
#32
Just create an offshore structure (BVI, Costa Rica, Montenegro => tip, very cheap options there) and the problem is solved. Calculate some costs for programmers, customer support (24/7 if you'd like to operate professionally) and other staff. Guess below 30-50.000$ you can't start anything here, if you consider using own software, add 50-80.000$ for this.

For me, it would impossible to operate a casino in my country.
newbie
Activity: 7
Merit: 0
March 06, 2016, 03:15:23 AM
#31
I have no plan of owning casino in my country because I don't want to people crazy and complicated because as we all know a lot of people somewhere broke their life unto this gambling.
newbie
Activity: 3
Merit: 0
March 03, 2016, 11:28:48 PM
#30
In the U.S. the native reservations have most of the casinos. Nice places. Too bad they don't except bitcoin.

full member
Activity: 156
Merit: 102
Bean Cash - More Than a Digital Currency!
March 03, 2016, 07:40:24 PM
#29
Just to be clear, in USA for example I can open an online casino which only uses bitcoins as a currency and I won't have to buy a license right ?

It is very expensive to license a casino in the United States, and the laws are complicated by the fact that every state has a different set of laws.  For the most part online gambling is not mentioned in the laws. Only a few states have enacted legislation that directly mentions it.  Some states entirely prohibit gambling in any form, some only allow licensed casinos or gambling devices in certain places, some allow for "social" betting but no other, and the list goes on...  These laws seem to be irrespective of the form of currency used.

Federal law has some regulations based on old technology (telephones) but they have been used to arrest and convict online casino operators, even those who do not operate their websites from inside the United States.  This is why many online casinos do not allow deposits from US ip addresses.

To get a feel for how complex it is, google "united states gambling laws"; there are several sites that have summaries of the laws at the federal level and for each state as well as the full text of the laws involved.

There are many predictions that this situation will soon change, but laws and regulations in the US have historically been slow to change, so I wouldn't look for any real break-throughs in less than 10 years.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
February 28, 2016, 05:56:56 PM
#28
Casino's are rare in Greece but there are many gambling stores that among other things offer gambling on sports, lottery tickets, scratch tickets etc. You need a license issued by the state to open one through and can only offer tickets for official games that are operated by a single company.
legendary
Activity: 1084
Merit: 1003
≡v≡
February 28, 2016, 05:52:55 PM
#27
I dont get something, why do I need a license if Im not playing on fiat? and still if i need one where is the best to register llc? I mean the best country to register online bitcoin casino if it needs to be registered and licensed of course

For example you can't run a site like this one hosted in USA.
And in other countries every type of gambling is banned without license independent the currency... this is why you can also use "points" and then exchange for fiat or prize!
just to be clear, in USA for example I can open an online casino which only uses bitcoins as a currency and I won't have to buy a license right ?

I think what he is trying to say, is that maybe you need to figure out what country fits your needs of hosting a gambling website without any licensing (I have no idea), and then see what VPN's are available in those countries that you could pay them to host your site.

I feel like this is the best way to go about things, but could be wrong.
thats the point, im looking for country where to host the webpage with no regulations and not needing the license for online casino
legendary
Activity: 1316
Merit: 1004
February 28, 2016, 05:37:28 PM
#26
I dont get something, why do I need a license if Im not playing on fiat? and still if i need one where is the best to register llc? I mean the best country to register online bitcoin casino if it needs to be registered and licensed of course

For example you can't run a site like this one hosted in USA.
And in other countries every type of gambling is banned without license independent the currency... this is why you can also use "points" and then exchange for fiat or prize!
just to be clear, in USA for example I can open an online casino which only uses bitcoins as a currency and I won't have to buy a license right ?

I think what he is trying to say, is that maybe you need to figure out what country fits your needs of hosting a gambling website without any licensing (I have no idea), and then see what VPN's are available in those countries that you could pay them to host your site.

I feel like this is the best way to go about things, but could be wrong.
legendary
Activity: 1084
Merit: 1003
≡v≡
February 28, 2016, 03:57:07 PM
#25
I dont get something, why do I need a license if Im not playing on fiat? and still if i need one where is the best to register llc? I mean the best country to register online bitcoin casino if it needs to be registered and licensed of course

For example you can't run a site like this one hosted in USA.
And in other countries every type of gambling is banned without license independent the currency... this is why you can also use "points" and then exchange for fiat or prize!
just to be clear, in USA for example I can open an online casino which only uses bitcoins as a currency and I won't have to buy a license right ?
sr. member
Activity: 350
Merit: 250
February 28, 2016, 01:39:39 PM
#24
I dont get something, why do I need a license if Im not playing on fiat? and still if i need one where is the best to register llc? I mean the best country to register online bitcoin casino if it needs to be registered and licensed of course

For example you can't run a site like this one hosted in USA.
And in other countries every type of gambling is banned without license independent the currency... this is why you can also use "points" and then exchange for fiat or prize!
legendary
Activity: 1084
Merit: 1003
≡v≡
February 28, 2016, 04:53:05 AM
#23
I dont get something, why do I need a license if Im not playing on fiat? and still if i need one where is the best to register llc? I mean the best country to register online bitcoin casino if it needs to be registered and licensed of course
sr. member
Activity: 350
Merit: 250
February 28, 2016, 04:44:51 AM
#22
Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

I think that in all UE is illegal open a casinos.... or you go in Malta or buy a license from Austria, but it can be really expensive, and also with taxes and "jobs" to pay, is really impossibile without a strong capital to invest....

A lot of site if you see are hosted in these country... I know some good bookmakers from this country (and a vast majority have the legal headquarters in those places Wink )
legendary
Activity: 1596
Merit: 1034
February 28, 2016, 04:40:33 AM
#21
casino place or gambling. is strictly prohibited in the country. many people who gamble have entered the prison by police
so true. only a few states where gambling is legal. the rest certainly prohibit a gambling and who was caught would have imprisoned
sr. member
Activity: 350
Merit: 250
February 27, 2016, 06:28:43 PM
#20
casino place or gambling. is strictly prohibited in the country. many people who gamble have entered the prison by police
legendary
Activity: 1596
Merit: 1034
February 27, 2016, 02:52:10 AM
#19
Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?
sorry I can not describe it, because in my country it is such a thing illegal
sr. member
Activity: 266
Merit: 250
Invulner
February 26, 2016, 09:44:22 PM
#18
Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?

It is legal in my country, I think. Because PD is founded by an Australian too.
newbie
Activity: 1
Merit: 0
February 26, 2016, 09:41:41 PM
#17
i m from pakistan... its illegal any kind of casino and bear or vodka..
legendary
Activity: 1084
Merit: 1003
≡v≡
February 26, 2016, 01:16:30 PM
#16
in Georgia (country) it is legal to own a online casino, there are even tax free trading areas but for casino you should buy a license, thats why I decided to open it on offshore so noone can charge anything. The bad thing is they can ask money with unofficial ways and most of the time the prey ends up in jail or dead for not paying. Smiley
legendary
Activity: 2282
Merit: 1023
February 22, 2016, 10:04:46 AM
#15
In my country, this is actually legal to own Casino if you have the license... but only the "selected"/"related" few could get the license...
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