Do i need a license if i want to create a crypto gambling site?

[checkmatesir]

You don't have to take licence according to you're customers but you have to take licence from where you are going to start the gambling business. You have to first check that whether your country support the gambling and it is legal to run it, then only you will need the license to run you're gambling business online of live both.

Yes that is right that different countries have different rules and regulation about opening a online casino, in my country I know that it is totally illegal and they are not issuing any license to create a online gambling site, it will be totally illegal in my country. With license we can attract more gamblers, but after crypto payments no owners provide importance to this.

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[krishnaverma]

Yes that is right that different countries have different rules and regulation about opening a online casino, in my country I know that it is totally illegal and they are not issuing any license to create a online gambling site, it will be totally illegal in my country. With license we can attract more gamblers, but after crypto payments no owners provide importance to this.

There are ways to twist the legal conditions and operate such sites even if the law does not allow that. For instance, in some countries the rules is than any online game which involves some skills cannot be banned. Now gambling activities like card based games may fall in these category and thus one can run such websites in that country.

[romero121]

Very few countries provide with legal support for the development and implementation of gambling. As the online gambling sites too requires certain norms to be fulfilled, they register with those particular countries. This will let the gambling sites progress and gain the trust of users while there are lots of un registered gambling sites which scams people.

[iMark]

You don't have to take licence according to you're customers but you have to take licence from where you are going to start the gambling business. You have to first check that whether your country support the gambling and it is legal to run it, then only you will need the license to run you're gambling business online of live both.

Yes that is right that different countries have different rules and regulation about opening a online casino, in my country I know that it is totally illegal and they are not issuing any license to create a online gambling site, it will be totally illegal in my country. With license we can attract more gamblers, but after crypto payments no owners provide importance to this.

Thats right, the license is important not only to make your site more professional but also to attract many users because they will be more comfortable and feel safe if the gambling site they play has a legal protection or license. Yeah but in some countries that prohibit gambling. of course that won't matter. but that does not mean your site cannot be accessed in their country

[0xBitcoins]

maybe it is better to get a license for creating a crypto gambling site so he can feel safe from the law. I think if he creates a gambling site, his visitor is not just come from the UK but he can have a visitor from all country because once his site is online and he can make a good promotion for his gambling site, it will attract many people to come to his site. and if he has a license, then he doesn't have to worry about anything and he can run his gambling site without any problem.

Well maybe in the develop countries like UK, USA we need to get license to operate the gambling site as it is in their laws. But for many under developed countries no license or other legal stuff is required. Another thing to note is that in some places gambling is prohibited or even considered as a sin, so if you open / operate site from such places, then it can cause you legal complications too.

For most of the countries, like bitcoin, gambling isn’t legalized. But there are developed countries too that has legalized this unethical thing even being so called civilized and developed countries. But that is up to them how they control this legality over those gamblers who always breaks law and participate in illegal activities. But I will never advice you to get this business, it’s shameful.

[Alfiehob]

clearly the license is very necessary if you really want the site to run smoothly and last a long time if it can be accepted legally by your country. with the existence of a government license, automatically the site that you make can be safer because it has legal permission

Well I can’t just participate in a source that leads humanity to destruction. I can really not say this to other people that I am millionaire because I make people lose money. I pretend my game is lethal and legit while manipulations are there and intentionally these innocent people who came for earning money lose all what they have. Don’t do this to your brotherhood.

[emberbekas]

Very few countries provide with legal support for the development and implementation of gambling. As the online gambling sites too requires certain norms to be fulfilled, they register with those particular countries. This will let the gambling sites progress and gain the trust of users while there are lots of un registered gambling sites which scams people.

I don't know much about how to operate a gambling site but as my common sense says, licensing is a must for gambling sites that want to stay longer and want to avoid further problems in the coming days and years. And again, with licensing, users will feel more secure when risking their money to such gambling places.

[carlfebz2]

Very few countries provide with legal support for the development and implementation of gambling. As the online gambling sites too requires certain norms to be fulfilled, they register with those particular countries. This will let the gambling sites progress and gain the trust of users while there are lots of un registered gambling sites which scams people.

I don't know much about how to operate a gambling site but as my common sense says, licensing is a must for gambling sites that want to stay longer and want to avoid further problems in the coming days and years. And again, with licensing, users will feel more secure when risking their money to such gambling places.

When gamblers do hear out about a gambling site which is licensed then it cant really avoid the feeling of security since they do know that they can able to go after a site if they do experience problems with it unlike into non-licensed ones which you don't really have something to be assured since anytime they can out on their players money but this isn't the case isn't happening as of now because we do see some gambling sites doesn't have any license but still manage to be on top list.

[tailwate07]

Very few countries provide with legal support for the development and implementation of gambling. As the online gambling sites too requires certain norms to be fulfilled, they register with those particular countries. This will let the gambling sites progress and gain the trust of users while there are lots of un registered gambling sites which scams people.

I don't know much about how to operate a gambling site but as my common sense says, licensing is a must for gambling sites that want to stay longer and want to avoid further problems in the coming days and years. And again, with licensing, users will feel more secure when risking their money to such gambling places.

Well I will advise you not to take this as option. Reason is, how you can be choosing something that is able to give you money but this money comes out of people who lose it. You can’t just dig your hands in someone’s pocket and then become rich. No, I don’t think so this is reliable and suitable for a sensible human being on this earth. Get your Ming and direct in right way.

[Forever_F7]

The best advise for you to visit a consultant to help you. Do remember where you take license should be a bitcoin friendly country. Plus figure out all the taxes as this is one complicated procedure you better get pros involved to help you out. I mean, calculate all pluses and minuses then create website!

[AT101ET]

This question has been asked multiple times on the forum so doing a forum search may bring some good results.
IIRC, , (in-short) there are a few countries that are more lax about the rules and licences one needs to obtain in order to operate a Gambling site. I'd focus my attention on Finland, Gibraltar and the Cayman Islands if I were you.

[0xBitcoins]

Very few countries provide with legal support for the development and implementation of gambling. As the online gambling sites too requires certain norms to be fulfilled, they register with those particular countries. This will let the gambling sites progress and gain the trust of users while there are lots of un registered gambling sites which scams people.

I don't know much about how to operate a gambling site but as my common sense says, licensing is a must for gambling sites that want to stay longer and want to avoid further problems in the coming days and years. And again, with licensing, users will feel more secure when risking their money to such gambling places.

Well I will advise you not to take this as option. Reason is, how you can be choosing something that is able to give you money but this money comes out of people who lose it. You can’t just dig your hands in someone’s pocket and then become rich. No, I don’t think so this is reliable and suitable for a sensible human being on this earth. Get your Ming and direct in right way.

Simply, we must not earn from making others loser. We can’t just be so selfish that to harm others, we have devised some attractive games and plans that easily make others trap. You are good to go for earning from any other respectable way where the money comes after your hard world and efforts, not from destructing someone else’s future. Good luck to you brothers.

[Ganbound]

I really don't know how this licensing thing works. From what I understood from different topics on this board, o run a reliable casino it is advisable to get an online gambling license. You can choose different license jurisdiction including Curacao, Malta, UK, etc depending on where you host your casino. License gives you a better reputation and customer loyalty.

You can get license only in such places where gambling is legal, but still I think there are so many countries where gambling is not legal and you can run a gambling site illegally there. But If they will reach to you they will fine you for that and in some cases can send you to jail.

[AMNA NAZ]

I really don't know how this licensing thing works. From what I understood from different topics on this board, o run a reliable casino it is advisable to get an online gambling license. You can choose different license jurisdiction including Curacao, Malta, UK, etc depending on where you host your casino. License gives you a better reputation and customer loyalty.

You can get license only in such places where gambling is legal, but still I think there are so many countries where gambling is not legal and you can run a gambling site legally there. But If they will reach to you they will fine you for that and in some cases can send you to jail.

In my country gambling is not legal, but still there are so many people who are running physical casino, although it is difficult because they have to face the law and forces agencies, it is rather easy to run a online casino where the government cannot stop you so easily.

[Fatanut]

In my country gambling is not legal, but still there are so many people who are running physical casino, although it is difficult because they have to face the law and forces agencies, it is rather easy to run a online casino where the government cannot stop you so easily.

In my country gambling is only illegal in public places. There are the right places where you can gamble but you're not allowed to just gamble on the streets. I think the same thing is what's going on in your country since there will no physical casino if gambling is totally banned. I think it's the government's way to accumulate all of the taxes from gambling instead of having to go through small scale gambling casinos.

it is rather easy to run a online casino where the government cannot stop you so easily.

While that is true and that will definitely allow you to bypass the government, being an anonymous owner of a gambling site will raise so much issues. There are players that are looking for the details of the casino especially when it's online. But the ones that will expose your lack of license and that gambling is illegal in your jurisdiction are online casino review sites. And that will take away a huge portion of your players since why would they want to play in a gambling site that's run by an anonymous owner when there are thousands of other gambling sites that are similar to you but have a license.

The players like staying anonymous but they don't like the owner staying anonymous. So it wouldn't be as easy as you thought it would be. It's one thing to open up an online casino but it's another thing to make people play on your casino.

[Marsilius]

Simply you don't need a license of any kind .However, it would be nice to have one if you can afford one as it will be like an advantage over other sites and would attract many whales who can be afraid of betting too high.
you could try getting one from any of Caribbean countries where taxes are low and laws ain't very tight.

I think such countries where gambling is legal there you must have to get license from your government or from concern authorities to star and run a casino. In such places gambling is not legal there you can run a casino illegally.

[iv4n]

Simply you don't need a license of any kind .However, it would be nice to have one if you can afford one as it will be like an advantage over other sites and would attract many whales who can be afraid of betting too high.
you could try getting one from any of Caribbean countries where taxes are low and laws ain't very tight.

I think such countries where gambling is legal there you must have to get license from your government or from concern authorities to star and run a casino. In such places gambling is not legal there you can run a casino illegally.

Islands always have low taxes for various businesses, banks or casinos, many of them have headquarters on islands due law taxes and like you said not so tight laws. But you have countries that accepts licences from such islands, and the ones that refuse them. When you are planing to open casino you need to have your targets, where you plan to spread your business and to work under their laws, what ever they are. When it comes to crypto situation isn't much different, you need to work under the laws of the country where you plan to run your business, but with crypto you can always skip some regulations, you don't need to register anywhere, but not everyone will be able to gamble on your site, but with for and VPN people can bypass everything and gamble on your site from anywhere.

[marsmyname]

The best advise for you to visit a consultant to help you. Do remember where you take license should be a bitcoin friendly country. Plus figure out all the taxes as this is one complicated procedure you better get pros involved to help you out. I mean, calculate all pluses and minuses then create website!

For me, opening such kind of business isn’t very helpful. Even I don’t have any interest in such businesses because I can’t earn by harming others. Profits and losses are integral part of game and it happens in different respectable earning sources as well. But no one harm other person in such drastic way where he isn’t able to do anything else. So don’t chose such sort of fluffy businesses.

[AirFlame]

Depends on the country you found the company.

But all and all, you don't "need" one. You can stay illegal, not pay taxes and be off with it.

License would come handy for the potential customers.

I think he can choose the hosting company that doesn't prohibit gambling so he can register the domain and the hosting at the same time and he can continue to build the website. but if he wants to buy the gambling site, then maybe he can move the hosting with the other hosting that doesn't have any prohibition about gambling site. but it is better to have a license to run gambling site because you will be safe to manage your gambling site and don't have to worry.

Yes that is right to register a gambling sites a person need t fulfill all the document and after that they can expect to get a license from their government to run a online casino legally. And on then the gamblers will come to play gambling there. Otherwise they will not trust on their online casino.

[reactorjuno]

Easy, there are two obvious choices:

Curacao
Costa Rica

In Curacao you can for instance contact this company > http://www.igamingbusiness.com/directory/emoore
I can guarantee you'll be allowed to accept Uk residents (worked in such a company before).
Famous bookmakers such as Pinnacle are licensed in Curacao (I think they have a license in Malta too).

About Costa Rica, I am not sure what they ask exactly but Nitrogensports is licensed there, and famous bookmakers such as 5Dimes have a license there (which surprisingly allows them to accept US residents).

in Europe you can also check Montenegro (rather than Malta).





PS: @ everyone, please stop replying if you have no clue, it is not helpful. Thanks.