Will you release the details of team members in your site now ? I believe, as you are leagally incorporated, there should not be much of a problem to this..
This is really great news. Would love to know about this ^ as well.
Seems this will get more investments if it protects the investors and gamblers from a potential dishonest casino operator. When do you guys plan to unveil the new game ?
Any lawyer worth his salt will probably tell you to have a third party agent incorporate a casino on your behalf. Incorporating does very little for the actual user, it does help the owner establish a banking connection/trust and cash out though.
I think incorporation actually reduces the protection of investors/gamblers as the liaibility is shifted from operator to company. That being said it's a wise decision to incorporate but I can't personally see any reason for it benefiting users. Then again, I'm not a lawyer.
This seems like some pretty insightful information based on the guess that you've done more than your fair share of homework on the matter.
Are you able to explain any further without us having to attempt to read between the lines?
This means that when you incorporate a company/business in this way, in most cases, the liabilities will be shifted from the owners onto the corporation itself. So if/when the site gets hacked, or something similar causes the site to lose money then the owners would not be responsible, the corporation itself will need to bear the losses.
The owners would have this protection while still keeping the benefits of getting to keep any profits that are not reinvested into their company.
Assuming their security is strong enough to prevent people with malicious intent from stealing from the site, and assuming the owners are acting in an honest manner, then it will most likely have no visible effect on players/investors.