How many of these sites are legal?

[thirdprize]

You know, have the correct licenses, etc.  Just curious. 

[Don Pedro Dinero]

I bet most of them are in a loophole. They are based on some tax haven and they have all the correct papers to establish a business there but to operate in certain countries you must have a legal license.

In my country, fiat casinos not having a license are blocked but I can access all the crypto ones and that’s just because there is a loophole.

[Starlightbreaker]

If you want to run such a business,you must have some paperwork.
Even if this business is based in any country of the "tax heaven" ones. The restrictions varies from one country-zone to another but they exist.

In crypto though you have a lot less paperwork worries and that's a fact. At least until now...
BTW you can check out the ToS of any gambling,crypto related site,by yourself.

[veleten]

most of the casino sites operate from some god forgotten offshore country
some of the top dice sites are registered and running without much licensing at all
at least if they had one,they would put it on the front page with huge golden letters 32 pt font size 

[milewilda]

most of the casino sites operate from some god forgotten offshore country
some of the top dice sites are registered and running without much licensing at all
at least if they had one,they would put it on the front page with huge golden letters 32 pt font size 

Not single of them did already make such act which means its really hard to determine if those gambling sites do really have papers,permits, documentation and other stuff for them to be completely legal. It would depend on the place on where those sites do origin if it do impost strict compliance regarding on tax then might be possible that they did really follow such rules but no one actually knows if you wont really dig deeper.

[JanpriX]

I must say that you can count on your fingers on how many gambling sites out there which are legal and has the correct documents to backup their online business. I've played with so many gambling sites available in the net and I must say, from my own observation, that almost all of them don't have the necessary documents to practice their business in a legal manner. The government can't do anything about it because they'll just close their existing website and create a new one to avoid the hands of any governing body. Take note that many of them will provide legal documents in their website but I'm sure that it has no bearing if it will be investigated by an attorney or lawyer.

[mOgliE]

Ahahah! Absolutely none of them I bet! xD

But why would you even care?
After all I'm pretty sure each of those sites aren't even linked to a real company. But whatever, it's not a problem to you. In any way you can't really trust them because everything being in btc they can't be linked to any theft thanks for the anonimity ^^

And whatever it's the same for you, you have complete anonimity and security from the ownership of btc in your wallets.

[audaciousbeing]

Big sites would surely have the legal backing because they have the capital to pursue such and that is why they have stayed for in the market. Not all of the sites are legal in my opinion because even the legality of online gambling is still dicey in some jurisdiction as several sites are equally run on a small scale which makes them to get the license so what they do is to copy the symbol and out it on their site.

Because people don't bother with questions, and even the license they quote, you can hardly get enough information about it on the internet, and because they pay out winnings immediately then they are legal. If you looking for legal gambling sites, just stick to the big ones that have stand the test of time.

[akamit]

Almost all the casinos, dice sites cannot obtain legal papers from their jurisdiction.
It is very hard task and also very expensive and that's why almost all are registered through offshore countries.

Not only this, they are hosting their business online through offshore hosting companies afaik.
There is limited hosting companies which allows gambling businesses.

Maybe some are legal. I am talking about fiat based casinos not btc.

[Mexicantrader]

Hi.

I recomend bizstars is a good casino and i play on it since at least two years..

Check it maybe it can give you some winnings.

Good day.

[badjacks99]

I would bet that most bitcoin casinos and dice sites that popped up over the past couple years probably don’t have proper licensing, if there even is any. I have  been very interested in the subject, at least here in America I’m not sure how it works. I myself had interest in starting up a site like this, But a few years ago in American on this forum by the name of micon, Got his door kicked in and his site shut down. Not sure if it had anything to do with the licensing dispute but it sure was a big deal for Americans who wanted an open up a coin gambling site.

[BillCoin]

Most of the cryptocurrencies gambling sites, either are illegal( you don't even know who is running the site, so it would be impossible to find and punish those who run the illegal site), or they run a partly license under a country who has a very confort law for gambling sites, such as Andorra, or Isle of Man, that accept any kind of gambling sites, and also banks in those countries won't do any problems as tax rate in such countries is very low.

[Rinsend]

no need to struggle to find a legal site,
just get a proven site pay and have it guaranteed there you can get what you want if you want to do gambling.
because legality does not need to be here
here we are all anonymous

[thirdprize]

This is more about starting my own up.  I guess you would have to pay for a license for each country you were allowing people to gamble from.  Get a license from the UK and redirect anyone from anywhere else away.  I suspect you would just need a US one to make a living but they probably do it by state, which makes it even more complicated.

[icanscript]

You know, have the correct licenses, etc.  Just curious. 

There is no crypto currency in the world, there is no need to license any country's work.
You observe in practice the formation of a world economy that is not tied to a specific government and its laws.
There comes an era of trust/not trust based on feedback and brand value.

[piloder]

Many crypto based casinos are running without any licenses, only few of them have KYC requirement and gambling license.

If casino is not offering any fiat based games or games from licensed third party providers there is no need for them to maintained any valid gambling license.

[yesboiasni]

The licenses don't mean anything.
If they leave with your $, you can't do anything. Despite the license.

[moooonu]

Every site must have to register a domain with registrar. So do every casino or dice site must register to get their gambling license so that they get a legalized and they have to pay taxed to the govt each year and also keep record of its profit and loss.

[Lumen111]

They are completely legal, as they do not violate the laws of their jurisdiction.
They do not need to buy licenses and pay taxes.
The server, the Internet and the software product are all that is needed for a full-fledged work.

[Tenderino]

If you explain us what you mean with correct licenses, I could help you better? Based on my experience, there are no correct licenses! The license itself might be correct from a juridical point of view in some cases, but how does this help you if you get the runaround when help is needed?

Unlike more important is that the operator is since a while on the market and works correct.