Running an online Bitcoin gambling website - page 2.

FlightyPouch

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Quote from: Question123 on January 24, 2020, 07:57:36 PM

Quote from: FlightyPouch on January 24, 2020, 06:46:55 PM

I think talking to a lawyer could really help you. Here in our country, Philippines, as far as I know, online gambking is restricted. Owning one here in our country is an illegal act so better put an exemption to our country. Other countries would be good though, as long as you talk to a lawyer.

Yes they need to consult to the lawyer to know the law to their country if they be able to create a gambling website but Im pretty much sure lawyer wants to have permit but lawyer know how his gambling site will become legit. Im from Philippines too and creating gambling here in my country needs permit or license feom the government before you operate because possible for the founders to banned if they notice that you operate without any permit I think licenses is not big so you can apply if you want.

Does that mean I could create one as long as I have the permission of the government? I thought that the government already ban making one here in our country, that is good since I am so scared for months now and I am still using VPN to access some gambling sites.

Edit: I've seen this site when I searched about this, to my fellow Filipinos, you could look at this site about these sites. https://www.legalonlinecasinos.ph/reviews/

TitanGEL

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Quote from: dunfida on February 08, 2020, 05:22:35 PM

Quote from: Twentyonepaylots on February 08, 2020, 04:04:44 PM

Quote from: vintages on February 04, 2020, 04:59:37 PM

Quote from: blckhawk on January 31, 2020, 10:29:49 PM

Don't be complacent. Don't run an online casino without permits, even you are running on cryptocurrencies. Seek advice from local personalities available that are knowledgeable of the risks and pre-requisites of running one in your local state. Also, don't rush things, and make testings to make sure your casino won't be abused and bankrupted by some strategies.

You hit the point.
Most upcoming casino are always good in rushing things. Some don't even wait to test things within their website before giving it out to users. At the end, the site becomes easy to hackers. OP, try not to use already made script but one that has is built from a scratch.

And most of all, ensure that your business has its appropriate permits. That way, we can ensure that you are5 breaking any local or international laws if worse comes to worse. Get a lawyer, ask them if you can put up a website like that for gamblers. Surely the money you'd spend on a trustworthy lawyer puts up with the legalities that you'd be getting at least. If there are no benefits whatsoever. What I'm saying is, it's better to pay for taxes to be operating fine and dandy instead of getting your business shut down over an overlooked law. That's gonna save you all the time and the trouble in the long run.

That's all the tips I can share for now. Hope you got something from it.

Paying up taxes should really be your main priority even though gambling business doesnt still need any permits or laws that needs to be complied.
When the time comes that they would sue you out specially if your business runs for years, you do still have the things for you to show and as said
this will really avoid things or problems in future year to come yet we know that laws will be altered nor be changed in matter of time.For now
the best thing can be done is to ask for professional advice rather than seeking for some answers to this forum.Advices were good though as i have
back read.

The government may sue you in the future if you do not have licensed to operate in a specific country. Knowing the requirements are important because for you to have protection, you also required to pay taxes because of the law. Anyway, online gambling site is a good business but the capital required is too high and you need good management skill for you to able to grow thr gambling site that you will made. Learn more from the persons who have specialize skills about laws in order for you to have an idea about the requirements in order to start onlinr gambling site.

dunfida

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Quote from: Twentyonepaylots on February 08, 2020, 04:04:44 PM

Quote from: vintages on February 04, 2020, 04:59:37 PM

Quote from: blckhawk on January 31, 2020, 10:29:49 PM

Don't be complacent. Don't run an online casino without permits, even you are running on cryptocurrencies. Seek advice from local personalities available that are knowledgeable of the risks and pre-requisites of running one in your local state. Also, don't rush things, and make testings to make sure your casino won't be abused and bankrupted by some strategies.

You hit the point.
Most upcoming casino are always good in rushing things. Some don't even wait to test things within their website before giving it out to users. At the end, the site becomes easy to hackers. OP, try not to use already made script but one that has is built from a scratch.

And most of all, ensure that your business has its appropriate permits. That way, we can ensure that you are5 breaking any local or international laws if worse comes to worse. Get a lawyer, ask them if you can put up a website like that for gamblers. Surely the money you'd spend on a trustworthy lawyer puts up with the legalities that you'd be getting at least. If there are no benefits whatsoever. What I'm saying is, it's better to pay for taxes to be operating fine and dandy instead of getting your business shut down over an overlooked law. That's gonna save you all the time and the trouble in the long run.

That's all the tips I can share for now. Hope you got something from it.

Paying up taxes should really be your main priority even though gambling business doesnt still need any permits or laws that needs to be complied.
When the time comes that they would sue you out specially if your business runs for years, you do still have the things for you to show and as said
this will really avoid things or problems in future year to come yet we know that laws will be altered nor be changed in matter of time.For now
the best thing can be done is to ask for professional advice rather than seeking for some answers to this forum.Advices were good though as i have
back read.

Twentyonepaylots

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Quote from: vintages on February 04, 2020, 04:59:37 PM

Quote from: blckhawk on January 31, 2020, 10:29:49 PM

Don't be complacent. Don't run an online casino without permits, even you are running on cryptocurrencies. Seek advice from local personalities available that are knowledgeable of the risks and pre-requisites of running one in your local state. Also, don't rush things, and make testings to make sure your casino won't be abused and bankrupted by some strategies.

You hit the point.
Most upcoming casino are always good in rushing things. Some don't even wait to test things within their website before giving it out to users. At the end, the site becomes easy to hackers. OP, try not to use already made script but one that has is built from a scratch.

And most of all, ensure that your business has its appropriate permits. That way, we can ensure that you are5 breaking any local or international laws if worse comes to worse. Get a lawyer, ask them if you can put up a website like that for gamblers. Surely the money you'd spend on a trustworthy lawyer puts up with the legalities that you'd be getting at least. If there are no benefits whatsoever. What I'm saying is, it's better to pay for taxes to be operating fine and dandy instead of getting your business shut down over an overlooked law. That's gonna save you all the time and the trouble in the long run.

That's all the tips I can share for now. Hope you got something from it.

sana54210

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It seems people who are not having any knowledge about gambling also want to start a gambling business like they must be at least know whether gambling business is legal or not within their country jurisdictions. I just wonder if these kinds of people somehow managed to start a gambling and how they will manage? This could be the reason why we are seeing many business are getting bankrupted over the time. Inexperienced people are getting greedy on non-familiar things: the core reason.

If I were the OP, I should not have started such this topic because finding some basics of starting a gambling business does not require a discussion here but referring some legal persons locally will get me all the answers.

South Park

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Quote from: dunfida on January 31, 2020, 06:25:59 PM

Tricks doesnt work if we do talk on a fully operational casino site and it is free from bugs or whatsoever. No one beats the house on any way
unless if theres exploit which can be abused on then thats an another story.

And that was my point, if the casino is free from any bugs then you cannot beat the casino we all know that, but we also know there are hackers out there that specialize themselves in finding vulnerabilities and bugs on websites and one of their main targets are casinos since they know that if they find a vulnerability in them they could manipulate the results and make a lot of money in a short amount of time and most likely a new casino owner does not have the experience, money and the time needed to prevent this.

peter0425

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Quote from: vintages on February 04, 2020, 04:59:37 PM

Quote from: blckhawk on January 31, 2020, 10:29:49 PM

Don't be complacent. Don't run an online casino without permits, even you are running on cryptocurrencies. Seek advice from local personalities available that are knowledgeable of the risks and pre-requisites of running one in your local state. Also, don't rush things, and make testings to make sure your casino won't be abused and bankrupted by some strategies.

You hit the point.
Most upcoming casino are always good in rushing things. Some don't even wait to test things within their website before giving it out to users. At the end, the site becomes easy to hackers. OP, try not to use already made script but one that has is built from a scratch.

because they know how much money they can gain having a casino but what they don't know is the obligation and the hardwork needs before a casino becomes popular and start to gain players.
they don't even give a damn on what are the policies and the legalities but what they want is instant money that is why there are many Gambling sites that fails,even close for a short time of operation.

Assface16678

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Quote from: vintages on February 04, 2020, 04:59:37 PM

Quote from: blckhawk on January 31, 2020, 10:29:49 PM

Don't be complacent. Don't run an online casino without permits, even you are running on cryptocurrencies. Seek advice from local personalities available that are knowledgeable of the risks and pre-requisites of running one in your local state. Also, don't rush things, and make testings to make sure your casino won't be abused and bankrupted by some strategies.

You hit the point.
Most upcoming casino are always good in rushing things. Some don't even wait to test things within their website before giving it out to users. At the end, the site becomes easy to hackers. OP, try not to use already made script but one that has is built from a scratch.

For creating a website still, we need to have a lot of things like the paper for legalizing your site because there is money involved. There is a process they need to approve of making sure the security of the users and a lot of verifications that are not against to the user also you need to find a domain that you need to buy or to rent too because we cannot run your platform if you does not have a domain supports your website link. Also having a gambling website or making online gambling is a good idea too because today there are a lot of people does not have any time to went to their favorite gambling houses and also it is more efficient to us because while having some rest we can play now gambling games into our leisure time.

Quote from: Krislaw on February 04, 2020, 04:01:39 PM

Quote from: mocacinno on January 23, 2020, 09:22:28 AM

Quote from: yushey on January 23, 2020, 09:17:34 AM

I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.

I advise you to search a lawyer specialised in this matter ~~instead of following any advice you get on an online forum.~~

I do know in a lot of jurisdictions it's NOT ok to run a crypto casino since it's *just* crypto

This is the reason OP asked just to know and you as a forum member already offered him a bit of a solution and other replies after yours have given him answers.

There are lot of gambling sites owner on here though but it's better you do proper research online before consulting a lawyer.

Consulting into a lawyer too is one of a good idea because we will identify if there is a rule applied for having an online gambling website and also to know what do we need for having a website.

vintages

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Quote from: blckhawk on January 31, 2020, 10:29:49 PM

Don't be complacent. Don't run an online casino without permits, even you are running on cryptocurrencies. Seek advice from local personalities available that are knowledgeable of the risks and pre-requisites of running one in your local state. Also, don't rush things, and make testings to make sure your casino won't be abused and bankrupted by some strategies.

You hit the point.
Most upcoming casino are always good in rushing things. Some don't even wait to test things within their website before giving it out to users. At the end, the site becomes easy to hackers. OP, try not to use already made script but one that has is built from a scratch.

Krislaw

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Quote from: mocacinno on January 23, 2020, 09:22:28 AM

Quote from: yushey on January 23, 2020, 09:17:34 AM

I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.

I advise you to search a lawyer specialised in this matter ~~instead of following any advice you get on an online forum.~~

I do know in a lot of jurisdictions it's NOT ok to run a crypto casino since it's *just* crypto

This is the reason OP asked just to know and you as a forum member already offered him a bit of a solution and other replies after yours have given him answers.

There are lot of gambling sites owner on here though but it's better you do proper research online before consulting a lawyer.

ethereumhunter

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Quote from: blckhawk on January 31, 2020, 10:29:49 PM

Don't be complacent. Don't run an online casino without permits, even you are running on cryptocurrencies. Seek advice from local personalities available that are knowledgeable of the risks and pre-requisites of running one in your local state. Also, don't rush things, and make testings to make sure your casino won't be abused and bankrupted by some strategies.

I think he will need to search the permission from his local authorities about creating or running a casino online. Maybe the local authorities will not have a problem with the real casino, but the casino that he wants to build is on the internet, so I think it's beyond their jurisdiction. But I am sure that the local authorities will give an explanation about what he wants to he will get the answer before he creates his gambling site. It is better if he can get legality for his gambling site so he won't have a problem in the future.

peter0425

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Quote from: bering on February 04, 2020, 07:13:26 AM

I think lets ruled out first about the lisence which you used for your gambling site and the most important to starting it you have to know and ensure crypto status in your country Canada whether it allowed to build casinos based on crypto or it's forbidden so consult first to the authorities would be good because if you already know about it then you can thinking next steps would you made

that is why he is asking here because OP knows that there are bunch of people here that has a lot of knowledge and experience about creating a gambling site,because there are many Gambling owner that is active right here.
and besides before seeking for license he must learn first the legality of gambling in His place because what is the sense of license if he cannot be allowed having company in His country.

bering

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I think lets ruled out first about the lisence which you used for your gambling site and the most important to starting it you have to know and ensure crypto status in your country Canada whether it allowed to build casinos based on crypto or it's forbidden so consult first to the authorities would be good because if you already know about it then you can thinking next steps would you made

fullhdpixel

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Quote from: adzino on February 01, 2020, 07:27:07 AM

Did you really think its a good idea to come up over the forum and ask for legal advice from random people on the internet? You would get better answers if you google your question instead of asking over here.
You are talking about legal stuffs. Hire a lawyer and take his advice. Different state have different laws. Only your lawyer can help you answer your questions. If you need license or not, it totally depends on the laws of the country you will be hosting your casino from.

Starting a casino with legal help would never be a cheap task to be done. OP would need huge funds in order to state his presence in the gambling industry. OP would really need to gather a huge number of people who can support him in starting with the gambling platform.

Even online gambling platforms needs license and if anyone operates a casino or a gambling website without license than the government from the residing country of the one behind building the platform might even be sentenced and the gambling website or the casino might be shut down forever which would give a huge loss in this situation. That's why it is always necessary to consult legal advisers before taking any such huge step.

pakhitheboss

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Quote from: yushey on January 23, 2020, 09:17:34 AM

I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.

This forum is not capable of answering your legality question. I would recommend you to consult a lawyer. Do not waste your time here asking such questions, no one can answer that.

doomistake

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Quote from: smyslov on January 28, 2020, 09:33:39 AM

There are countries that will host a gambling site even if they do not have a license provided that you have an office over the server are on that region

I don't think so, there are no countries as such that will let anyone to run an online or actual casino without any license, if there is, I would be happy if you are going to provide some proof that they really exist. Having a license means that you are running a legal gambling business, meaning you agree to have a trustworthy behavior and have a fair gaming policy.

Online Gambling License

Quote from: smyslov on January 28, 2020, 09:33:39 AM

I am not very familiar about setting up a gambling site but it only pays to get a lawyer, a lawyer can give you a sound advice and it will take care and explain all the problems that will come and how you can deal with it.

I'd rather get a license if ever I wanted to run a casino online to avoid consequences in the long run, than having an attorney in which you are going to pay every single time that you are going to consult him what to do or if you are already in the court and you need some savior thing to save your ass from getting in jail.

adzino

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Did you really think its a good idea to come up over the forum and ask for legal advice from random people on the internet? You would get better answers if you google your question instead of asking over here.
You are talking about legal stuffs. Hire a lawyer and take his advice. Different state have different laws. Only your lawyer can help you answer your questions. If you need license or not, it totally depends on the laws of the country you will be hosting your casino from.

pinggoki

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Quote from: yushey on January 23, 2020, 09:17:34 AM

I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.

Wanna know if running a site that is an online gambling is legal in Canada? Simply, hire a lawyer and ask them if it is legal to set up an online gambling site in your country and if there is some requirements in order to set up this kind of business like for example business permits or other necessary papers that may need by your online gambling business.

Mumbeeptind1963

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Quote from: darewaller on February 01, 2020, 03:10:41 AM

If you operate your casino without license as it might be in terms of cryptos where the government can't track the transactions to imply you to get licensed but you would not get much response for such a casino. People needs to be secured about the games they play and hence each gambler including me would choose a platform which is licensed and probably fair.
You can consult your CA to get some more legal information about launching a casino in your region. You would also need to set-up a office space where you could store the credentials and you could run the platform from that place. You would need to be centralized if you wish to get licensed and for it you would need to show each and every transaction/bet to the authorized parties in order to get you a license.

Yes ! in every country there will be a law that regulate the gambling in each country, in every business that you will make, you need to apply all the necessary documents so that it would not be a hassle soon,if the government notice your business, once you establish it. Also, players don't want to play in an illegal casino , they might go to jail or lose their fund once the government raids your office where you develop the website.

Quote from: blckhawk on January 31, 2020, 10:29:49 PM

Don't be complacent. Don't run an online casino without permits, even you are running on cryptocurrencies. Seek advice from local personalities available that are knowledgeable of the risks and pre-requisites of running one in your local state. Also, don't rush things, and make testings to make sure your casino won't be abused and bankrupted by some strategies.

Yes! especially that the mode of payment is crypto in which not all the government are aware and not all of the local governments approves that and they know how does it works, papers must be submitted.

darewaller

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If you operate your casino without license as it might be in terms of cryptos where the government can't track the transactions to imply you to get licensed but you would not get much response for such a casino. People needs to be secured about the games they play and hence each gambler including me would choose a platform which is licensed and probably fair.

You can consult your CA to get some more legal information about launching a casino in your region. You would also need to set-up a office space where you could store the credentials and you could run the platform from that place. You would need to be centralized if you wish to get licensed and for it you would need to show each and every transaction/bet to the authorized parties in order to get you a license.

Topic: Running an online Bitcoin gambling website - page 2. (Read 1261 times)