These days it's a must to have a casino license if you own a casino, most of the stuff in crypto and blockchain is getting centralized continuously, and simultaneously it's just a matter of time when the government have their own blockchain, I've heard something about Solana that it's a centralized crypto I'm not sure if that's true but I'm going to do quick google search after posting this reply.
I'm not sure if casinos really need a license, we can see some casinos operating since some years ago without one and they still alive, a couple of examples are freebitco(dot)in and Just-Dice.
And the fun part is that people trust more on a provably fair site, than a site who don't allow users to verify their rolls but they have a license.
The problem to play in a casino without a license is that we can't complain if something goes wrong with it.
There's always cons always attached on that which means that if ever there is some scamming incident then there's no way that we could really able to retrieve our funds since they arent regulated which is the only
problem i do saw into those platforms that doesnt have a license.Its true that as long they do able to make out that kind of transparency or being fair then its no surprise that the community will really be having that
kind of trust and confidence on dealing with it despite on having no license at all.People should really be removing into their minds that having licenses isnt everything or does ensure fairness or credibility.
Although it turns out to be that a standard thing on having one.
Well actually I did not know that Freebitco.in did not have a license, if it was not for the seoincorporation colleague I would not have known anything, I think these things are very interesting, and you are right there are many people who trust these platforms 10000%, I I am one, plus I who knew everything about Bitcoin thanks to that platform, well it really surprises me and this world is so big and so small at the same time, that sometimes small things surprise.
When I started playing on freebitco.in not only me, but many people have blindly trusted, and now that I know about freebitco.in I think I trust even more, even if they don't have a license, the dangers that exist are many, but, this life is risky right?
Gaining the trust of the gamblers is very important for the advancement of the casino because if the level of trust from the users is reduced, it will also reduce the income level of the casino. In the short, medium and long term, more and more people will leave the casino if they don't try to solve every case.
Providing security for every gambler can also be a way to gain the users' trust because no worries will occur from the users. This can provide comfort for those who play in the casino; everything is interconnected between vulnerability, security, service, and the gambler's trust.
The positive feeback from gamblers will support the casino's reputation for leading the list of top trusted casinos, so every casino should improve security, service and more for the convenience of gamblers to focus on gambling without any technical issues related to gambling platforms. I think every top gambling site has mechanisms to deal with vulnerabilities from hackers, casinos have security teams to monitor servers from hacker threats and they work 24/7 to protect gamblers from bad vulnerabilities from outside attacks.
They have expert people to handle and maintain the security of their business, it's a big issue if they fail to deliver good security to their customer it will cause them trust and possibilities that those patrons to move away and start finding new services that will give them solid securities. The very reason why customer service or helpdesk are always active in each casino site they are making sure that any potential threats that may attack them will be verify to the customer and make sure that it won't affect the account, they are working on it and trying to resolve it the soonest that they can.
Vulnerabilities are the things that casino owners and developers need to secure in protecting the business.
Any kind of exploits need to be resolved in order to avoid further damages from the business.
Well one of the things that keep casinos on top as the best is that, the security they offer to customers, and the truthfulness they have to solve possible Hacking problems, in the stake.com casino they always make updates of this type for DDOS attacks, which sometimes the platform is put into maintenance for a few minutes, or hours, but it is worth it because it offers security, it is also important additional security layers such as those of 2fa, many see it as a nuisance , but it is really necessary to do it, I think that all these things add up to be better, and yes, for me a casino will always be the best because they provide more security.
Its a standard thing which it is really that impossible for a business like this on wont having some allocation or budget considering that this business does involved big or huge money.AS an owner then you would really
be basically be considering on strengthening up the security because it could fucked up entirely your business if you do just let those hackers and exploiters to milk out the site once they do find a hole.
This is why its really important that it should really be putting up some concern in related to this one.You cant really just ignore nor give emphasis in regards to security.
We've seen lots of hacks and exploits.
You are right, hacks and exploits are seen in many more cases of nascent casinos that do not have a very good reputation or that are in reputation = Neutral and are beginning to be known, at first it is difficult, because many people can deposit and play actively, then if they are good in the process of withdrawing funds, if there are some vulnerabilities such as putting withdrawals in manual mode, that all has to do with the good execution of a casino, that is why that is very important Some casinos that are well established don't have those exploit problems, but they still take great care by investing a lot of money in their security.