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Author Topic: Own casino in your country?  (Read 14506 times)
daarul50
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February 28, 2016, 09:40:33 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
khalized
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February 28, 2016, 09:44:51 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 )
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February 28, 2016, 09:53:05 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
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February 28, 2016, 06:39:39 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!
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February 28, 2016, 08:57:07 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 ?
chennan
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February 28, 2016, 10:37:28 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.

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February 28, 2016, 10:52:55 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
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February 28, 2016, 10:56:56 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.

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March 04, 2016, 12:40:24 AM
 #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.

samuelars037
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March 04, 2016, 04:28:48 AM
 #30

In the U.S. the native reservations have most of the casinos. Nice places. Too bad they don't except bitcoin.

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March 06, 2016, 08:15:23 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.
DARKCHANGE
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March 06, 2016, 09:24:14 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.

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daarul50
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March 07, 2016, 07:51:38 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.
TommyBitcoin
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March 12, 2016, 03:12:36 AM
 #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.

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March 13, 2016, 01:33:47 PM
 #35

I have been thinking about owning an online casino in my country because currently we don't have one. there are many physical casinos but I don't know any regulations on online casino. I would also like to know how much one needs to start such a venture. I believe it can be very profitable because people in my country and so curious about anything new and they would like to try it especially if it involves money.
daarul50
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March 14, 2016, 05:40:00 AM
 #36

I have been thinking about owning an online casino in my country because currently we don't have one. there are many physical casinos but I don't know any regulations on online casino. I would also like to know how much one needs to start such a venture. I believe it can be very profitable because people in my country and so curious about anything new and they would like to try it especially if it involves money.
to start a business if you can find out the casino via the Internet.
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March 14, 2016, 04:12:48 PM
 #37

I have been thinking about owning an online casino in my country because currently we don't have one. there are many physical casinos but I don't know any regulations on online casino. I would also like to know how much one needs to start such a venture. I believe it can be very profitable because people in my country and so curious about anything new and they would like to try it especially if it involves money.

It doesn't matter if your country doesn't have an online casino. People from your country can gamble at any online casino. So you won't have the novelty factor when you introduce a casino to your countrymen.
daarul50
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March 14, 2016, 11:21:31 PM
 #38

I have been thinking about owning an online casino in my country because currently we don't have one. there are many physical casinos but I don't know any regulations on online casino. I would also like to know how much one needs to start such a venture. I believe it can be very profitable because people in my country and so curious about anything new and they would like to try it especially if it involves money.

It doesn't matter if your country doesn't have an online casino. People from your country can gamble at any online casino. So you won't have the novelty factor when you introduce a casino to your countrymen.
yes, it is true, but there is another problem that the language factor, not everyone mastered the English language, including me.
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March 15, 2016, 05:13:23 AM
 #39

casino? it's not familiar around here. I think people aren't interested in playing something like that. think of the risky possibility. so it's just wasting time. no offense.

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March 16, 2016, 08:17:51 AM
 #40

casino? it's not familiar around here. I think people aren't interested in playing something like that. think of the risky possibility. so it's just wasting time. no offense.
if it makes you lucky it will be your daily activities.
This thing you should try
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