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Author Topic: How legal is to create betting/gambling site?  (Read 5304 times)
LuanX3
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February 23, 2017, 05:40:34 PM
 #201

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?
You need permit on creating gambling website how if they will file you some criminal cases like cyber crime law because you did create gambling site website any permision into your goverment if you are going to be bitcoin i think it don't needs permit but make sure that you don't use any informations only bitcoin addreses and api's

This would only happen if you declare where you are and where you would be operating. I don't think you have to declare anything if it is online only and accepting anonymous currency like bitcoins. The only problem here is that you have to kind of launder your money when you cash it out into your fiat currency. Since you have to declare income taxes.
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1715152008
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The-Accountant
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February 23, 2017, 06:06:13 PM
 #202

Making a gambling site with proper documents and permission is a big task actually as not all countries allow such license and they charge a lot too. That been said making a bitcoin's dice site is easy and needs no license I think Smiley
szpalata
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February 23, 2017, 06:33:32 PM
 #203

Hello.

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

Of course you'll need license from the gaming commission or the regulatory authority in your country who handle games so that you'll channel your direct and indirect taxes through them to the government.
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February 23, 2017, 07:39:50 PM
 #204

Hello.

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

Yes you need some experience to set up and then look out for ways you can license yourself and the company in order to operate within the remit of the law.
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