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Author Topic: How legal is to create betting/gambling site?  (Read 5304 times)
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June 19, 2016, 07:01:10 AM
 #81

If you open up a virtual gambling site that is just for fun where people use virtual tokens like bitcoins just for fun and bet/gamble on real/virtual events, in that case you may not need a license. Every mainstream fiat accepting gambling and betting sites are licensed but with bitcoin you continue without a license. I know some of the bitcoin based established sites don't have a license for operating gambling.



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June 19, 2016, 08:06:50 AM
 #82

If you have long term serious plan to run an online gambling site you should use proper channel.Which means proper channel is you should get license which is not very costly it will provide you legal safety in case of some unexpected situation.Same time you will be able to promote and expand your gambling business.It is illegal to run such business without license.
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June 19, 2016, 08:11:54 AM
 #83

If you have long term serious plan to run an online gambling site you should use proper channel.Which means proper channel is you should get license which is not very costly it will provide you legal safety in case of some unexpected situation.Same time you will be able to promote and expand your gambling business.It is illegal to run such business without license.

You are right and also check with the local government whether its allowed (legal) or not. Many times it does happen that after launching the websites they get banned from the government authorities. So its better to check the information, have some research and then only go for it.
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June 19, 2016, 08:19:19 AM
 #84

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

It actually depends on the country that you want to start or build you gambling site.

But for most of the countries they do not require a license for you to build you own gambling site, as long as you are paying the taxes that should be paid by it.

and another thing, most sites now are a ponzi sites or scams and do you think they do have a permit or license to operate.

so far as I know, If you live in United Kingdom you do need a license to operate your website, for for others I don't know.
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June 19, 2016, 08:22:52 AM
 #85

It is illegal to create betting/gambling sites in countries where gambling is allowed.You need to pay taxes and should follow some rules and regulations to avoid fiscal fraud charges.I am not talking about where is not legal at all.So be careful what ever you choose.It is possible at start all to go well and later you face problems.
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June 19, 2016, 09:14:18 AM
 #86

If you create gambling site and never go for fiat option and strictly remain with Bitcoin or other digital currencies then this can work for you.This doesn't not mean it will make legal your business.In my country you can not start gambling business without getting license for it.I don't know how are laws in your country.It also depends on country to country.
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June 19, 2016, 09:26:06 AM
 #87

You need to be aware of laws which are going to be tougher in regards of money laundering which is attached to online casino too.You need to be good with license to avoid unpleasant situations which came appear in future.Better meet the condition and get license before start business.
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June 19, 2016, 09:27:50 AM
 #88

yes it may be different from country to country...depends on the laws of country weather betting is leagal there or not
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June 19, 2016, 12:44:57 PM
 #89

i don't have any experience regarding that but i think if you stay in country who legalize gambling and if you want to built new gambling sites get the license is necessary here because i guess you don't want your casinos considers as illegal activity but may be you must pass through several stages to get those license
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June 19, 2016, 01:40:16 PM
 #90

i don't have any experience regarding that but i think if you stay in country who legalize gambling and if you want to built new gambling sites get the license is necessary here because i guess you don't want your casinos considers as illegal activity but may be you must pass through several stages to get those license

Not to mention, this is easier to falsify. Gambling in bitcoin is very anonymous. I believe this can actually happen.

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June 19, 2016, 02:58:12 PM
 #91

You going to have to look online for your country or sections laws and regulations on gambling. Maybe ask a local casino owner or speak to bitcoin casino website admins or owners and find out what coarse of action you should be taking.
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June 19, 2016, 03:14:29 PM
 #92

It is illegal to create betting/gambling sites in countries where gambling is allowed.You need to pay taxes and should follow some rules and regulations to avoid fiscal fraud charges.I am not talking about where is not legal at all.So be careful what ever you choose.It is possible at start all to go well and later you face problems.


You might want to correct the bold text,

In some countries that gambling is allowed, you can start and build you online gambling there, but still you need to have some legal papers like taxes return from the bureau of revenue and taxes to avoid any case which might be filed against you and your site.

But over all if you want to build a website for gambling, I recommend to become anonymous at all, and use some servers company that doesn't req. your personal info. if you do not have your own server to host your site.
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June 19, 2016, 03:28:46 PM
 #93

In my country gambling is heavily restricted and frowned upon. Online gambling is in its infancy stage. Only one state has permitted online gambling to a few sites. As far as bitcoin is concerned, we do not have any law on bitcoins but it's use is not appreciated. Different countries have different stand on bitcoins, if you are interested in creating a gambling site then you need to check your local laws.

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June 19, 2016, 03:54:37 PM
 #94

In my country gambling is heavily restricted and frowned upon. Online gambling is in its infancy stage. Only one state has permitted online gambling to a few sites. As far as bitcoin is concerned, we do not have any law on bitcoins but it's use is not appreciated. Different countries have different stand on bitcoins, if you are interested in creating a gambling site then you need to check your local laws.

Here noone knows about it really or cares much. Gambling is legal but advertising it on tv is not.
Where you from that gambling is so heavily restricted ?

 
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June 19, 2016, 05:38:11 PM
 #95

In my country gambling is heavily restricted and frowned upon. Online gambling is in its infancy stage. Only one state has permitted online gambling to a few sites. As far as bitcoin is concerned, we do not have any law on bitcoins but it's use is not appreciated. Different countries have different stand on bitcoins, if you are interested in creating a gambling site then you need to check your local laws.

Here noone knows about it really or cares much. Gambling is legal but advertising it on tv is not.
Where you from that gambling is so heavily restricted ?

As you are asking him to provide the name of his country,

I would also like to ask to you where did you get the information that gambling is legal, we still do have parts in our world where gambling is restricted, like bangladesh, brunei, pakistan, china, hong kong japan, malaysia, singapore, vietnam and more.

You cant say that gambling is legal, if you want to make sure of those countries try to check on google.
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June 19, 2016, 06:28:18 PM
 #96

I think there is a site to verified and make your own certification of business to be legal with licenced  if you starting a gambling site.
But someone are can install their business without licence or certification.. and some country are restricted they are not allowing gambling..
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June 19, 2016, 08:06:48 PM
 #97

Gambling is not legal in most countries, but few countries allow it.
And about the licence thing, just stop thinking about it as you won't be in any problems because you are going to run it anonymously.
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June 20, 2016, 03:18:46 AM
 #98

Gambling is not legal in most countries, but few countries allow it.
And about the licence thing, just stop thinking about it as you won't be in any problems because you are going to run it anonymously.

Yeah if anonymously,

But what if you had been traced right?

So better to make sure just to follow the rules of law in your country and also pay the taxes that you needed to pay.

Nobody want to end up in jail, so better follow all laws in your country regarding in gambling, and run the site with your Geo-location anonymously.
I thinks there is only around 15 countries which you are not allowed to do gambling.

You can try to look at it at google.
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June 20, 2016, 01:01:53 PM
 #99

If you open up a virtual gambling site that is just for fun where people use virtual tokens like bitcoins just for fun and bet/gamble on real/virtual events, in that case you may not need a license. Every mainstream fiat accepting gambling and betting sites are licensed but with bitcoin you continue without a license. I know some of the bitcoin based established sites don't have a license for operating gambling.
I am quite sure no license is needed for fun based casinos.
The license and the paperwork along with some agreements is required when you open a legal casino where players can deposit real money and win real money. Until, you deal with real money (eg: only bitcoin payment), you need not to worry about any legal issues. Still, it is highly dependent to your country/county regulations.
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June 20, 2016, 02:00:59 PM
 #100

As you can see there are allot of websites that profide gambling using bitcoins and non of them is iligal because it can as you can see.
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