Operating Online Casino -- Need License?

[Oilacris]

I certainly would never deposit funds into an unknown unlicensed online casino that could be run by absolutely anyone.

I'm sure that you didn't even know that some of famous gambling sites nowadays doesn't have license.Its actually true but people do still trust to play into that place.

When it comes to license,this would vary on countries jurisdiction but I would say that having license does really give out some sort of confidence on gamblers side.

[serjent05]

As far as I know, it needs to have license on the country they are operating.  Though several casinos do not bother to get one since they think that they can operate freely without it and that authority will not notice or come after them but there are lots of online casino in my country that were shutdown because they do not comply with the government regulation and that, without license, they are operating illegaly.

[vintages]

Hi, quick question I came up with today, I was curious about... Do you (the owner, whomever) need any license(s) to "legally" operate an Online Crypto Casino (Slots, BlackJack, etc...)? Are you in risk if you don't have them (if you need them)? Like if I made a website tomorrow, could I legally run/operate it and accept deposits?

Some gamblers might not care or bother to check while some don't fail to check for it.
The important things is that getting a licence for your online can prevent à lot of things. Even when the country you are staying in don't request for it, having it can attribute good conduct, honesty and integrity. It assures that users funds are in the right hand, and not someone who will make away with funds.
If you intend to get it, know that this licence varies according to countries and from jurisdiction to jurisdiction.

[2double0]

I think most bitcoiners would be against requiring a license to run a business.  People should be free to do what they want and it is on the business owner to build up their reputation and provide their customers with a good service.

That's right and I support the same thing, but if OP still wants to hear what he had in mind i.e.; to go the license way then I have something for everyone to give a read:

https://www.softswiss.com/licensing/

A good page to read out and decide where to start their online casino if they want to go for a license if that is their priority.

[robelneo]

I certainly would never deposit funds into an unknown unlicensed online casino that could be run by absolutely anyone.

I'm sure that you didn't even know that some of famous gambling sites nowadays doesn't have license.Its actually true but people do still trust to play into that place.

When it comes to license,this would vary on countries jurisdiction but I would say that having license does really give out some sort of confidence on gamblers side.

They don't have a license but people trust these gambling sites because they have established their business among gamblers, but soon they will get caught if authorities traced where they are operating their server and their location, it's better to have one that to get ruin when you already established your business.

[jakoylantern]

For me, it much better to get a license on operating an online casino, especially if your country is demanding for a license, it will make your site very trusted and legal. Also, gambler wants to ensure that their money is safe, you are trusted and especially your not a scam, or if things become unfair, they can report your site and more actions because you are registered.   

[Johnzky]

Hi, quick question I came up with today, I was curious about... Do you (the owner, whomever) need any license(s) to "legally" operate an Online Crypto Casino (Slots, BlackJack, etc...)? Are you in risk if you don't have them (if you need them)? Like if I made a website tomorrow, could I legally run/operate it and accept deposits?

Gambling business needs to be reputable because we are talking huge amount of money here,ofcourse you can just start to operate your site tomorrow but the question is would there be costumers or players that will trust your site?

Let’s not go far just keep the question to yourself,will you play or deposit money in that kind of site ?

[joshy23]

For me, it much better to get a license on operating an online casino, especially if your country is demanding for a license, it will make your site very trusted and legal. Also, gambler wants to ensure that their money is safe, you are trusted and especially your not a scam, or if things become unfair, they can report your site and more actions because you are registered.   

It can be use as an assurance for gamblers whose going to use your site, as there's registrations from the country who's catering your services, if the gamblers seen that the site have this legal permits they will start using it knowing that the government can help them just in case there's issue with their gambling activities, following the rules will also give good reputations so its better to have one.

[Naida_BR]

Hi, quick question I came up with today, I was curious about... Do you (the owner, whomever) need any license(s) to "legally" operate an Online Crypto Casino (Slots, BlackJack, etc...)? Are you in risk if you don't have them (if you need them)? Like if I made a website tomorrow, could I legally run/operate it and accept deposits?

Online gambling casinos are digital companies like every other else who offers products through the internet.
Having said that, they need a license to operate and they should have physical offices in a country somewhere.

[adzino]

Hi, quick question I came up with today, I was curious about... Do you (the owner, whomever) need any license(s) to "legally" operate an Online Crypto Casino (Slots, BlackJack, etc...)? Are you in risk if you don't have them (if you need them)? Like if I made a website tomorrow, could I legally run/operate it and accept deposits?

"Legally" is a broad term over here. Legality depends on the where you live and who you are serving. The laws of your countries only applies towards you. Your country laws does not have affect on anyone else not living on that country. Most people are not allowed to play on casinos that are not licensed. Again, most countries make it illegal to play on online casino that is not regulated by them. In other words, if you get a license, you will be able to serve people who lives in a country that recognizes the licence. On other hand, it will be illegal to play on casinos by people who lives in a country where that license is not recognized.

[jhongzjhong]

Some gamblers are did not check the legality of online casino, they always look at first the concept of the website and the promos that they may grab for a better profit. Legally, that must be better to have licensed in your gambling company in online. People were always looking for the owner or the operators of the gambling company. If you don't have a license I think it takes more time before you can build trust to the gamblers and need massive promotion for your brand name.

[Duzter]

Online casino should comply with the legal rules of the respective country where it is registered. As online casinos were completely used through internet connectivity it can be registered on countries that legally provide support through services that are available. When it comes to cryptocurrency acceptance this needs to comply next set of rules from the government. As of now the better place to get it registered seems to be Estonia.

[AliMan]

I a strict government of a specific country, licence is really needed in order to run a Casino. But for an online casino, I don't know how strict and tight are they for that matters, because if an online gambling is using cryptocurrency it won't really be associated to fiat. Every transactions is encrypted and with separation to physical money gambling. That's my idea all about and I do look for other people's opinion to have clearer understanding about it.

[shoreno]

Some gamblers are did not check the legality of online casino, they always look at first the concept of the website and the promos that they may grab for a better profit. .

Funny but its true  . not just gambler but people nowadays are more concerned on the sites design and other features more than the legality and security but you can easily tell if the site is shady by basing thru its design  .  shady and scammy sites oftenly have a poorly built design  .

If you don't have a license I think it takes more time before you can build trust to the gamblers and need massive promotion for your brand name.

Massive promotion is enough to get attention and trust even without a license  . gamblers tend to trust sites that are now popular like for example when it was advertise on this site via campaigns .

[Vaculin]

Some gamblers are did not check the legality of online casino, they always look at first the concept of the website and the promos that they may grab for a better profit. .

Funny but its true  . not just gambler but people nowadays are more concerned on the sites design and other features more than the legality and security but you can easily tell if the site is shady by basing thru its design  .  shady and scammy sites oftenly have a poorly built design  .

If you don't have a license I think it takes more time before you can build trust to the gamblers and need massive promotion for your brand name.

Massive promotion is enough to get attention and trust even without a license  . gamblers tend to trust sites that are now popular like for example when it was advertise on this site via campaigns .

But it would be more self-satisfying on the part of the owner of online casino if it has its own license to operate so that gamblers will find it legit and so they can  put their trust on it easily. Maybe some countries do not require license for online casinos but i still believe majority of them still requite for legit and legal purposes.

[crwth]

In general, if you are talking about receiving funds for gambling, you could do it. The ending is that whether you are legitimate or not, even if you let users withdraw, you could be called illegitimate just because of the lack of license to run a casino. Imagine how much people could see your website and see that you have no license to show? Or even verification. I think Reputation is all you need to have a great image here, or even in other forums. Once that's established, you would be able to invite users and play at your site.

For me, as a gambler from time to time, I don't check for the license of the site or even the provably fair. It's because I know the reputation of the casino website and doesn't need to be checked. I trusted it by the image and reputation of it. Don't be like me, and I am somehow easy to believe in people but still skeptical.

[iMark]

Whether you need a licence depends on the country you are in and who you want to serve. Most countries internationally accept remote gambling while others don't but I'm not sure they can do much about it.

You might also have to check with the person who hosts your server to check if they are happy with your running a casino through their services...

Yeah true, it depends on your country rules,  if in your country it requires a license so you have to get it so that your website is not blocked by the government. whereas for countries that still ban gambling, I don't think you will need it, because they will certainly reject your proposal for your license. moreover the license is only for formalities so that your site looks safe for players? so even without a license gambling sites can still operate

[Vaculin]

For me, as a gambler from time to time, I don't check for the license of the site or even the provably fair. It's because I know the reputation of the casino website and doesn't need to be checked. I trusted it by the image and reputation of it. Don't be like me, and I am somehow easy to believe in people but still skeptical.

Reputation is more important compared to license for typical bettors like us.
I like to play in a non license casino too because they don't require KYC, they served the real purpose of crypto casino which is to stay anonymous and that's more fun even if we can call it a risky thing for us gamblers but we know that we can manage to loss that we gamble.

[crwth]

For me, as a gambler from time to time, I don't check for the license of the site or even the provably fair. It's because I know the reputation of the casino website and doesn't need to be checked. I trusted it by the image and reputation of it. Don't be like me, and I am somehow easy to believe in people but still skeptical.

Reputation is more important compared to license for typical bettors like us.
I like to play in a non license casino too because they don't require KYC, they served the real purpose of crypto casino which is to stay anonymous and that's more fun even if we can call it a risky thing for us gamblers but we know that we can manage to loss that we gamble.

I think that's already a give away since we hang out in the gambling discussion. I didn't say I like to play in a non-licensed casino, it's that I don't check it anymore. I'm just worried the integrity of it but I don't like to participate in KYC too, but if it is needed and I have a large balance on the casino, I would probably do it and with a condition where I know they are a trusted site that has a good reputation.

I don't know why you are saying because the first part you said you like to play in a non-licensed casino because they have no KYC. Then you said you want to stay anonymous because it's fun (getting weird). Then I don't know how it is connected to losing while you gamble. KYC doesn't improve your chances to win. Lol.

[darewaller]

In general, if you are talking about receiving funds for gambling, you could do it. The ending is that whether you are legitimate or not, even if you let users withdraw, you could be called illegitimate just because of the lack of license to run a casino. Imagine how much people could see your website and see that you have no license to show? Or even verification. I think Reputation is all you need to have a great image here, or even in other forums. Once that's established, you would be able to invite users and play at your site.

For me, as a gambler from time to time, I don't check for the license of the site or even the provably fair. It's because I know the reputation of the casino website and doesn't need to be checked. I trusted it by the image and reputation of it. Don't be like me, and I am somehow easy to believe in people but still skeptical.

I think experienced players do not really judge the reputation of a site by the license, players prefer to play on familiar sites even though its not licensed as long as it have testimonies from players that have played and paid. The only reason a new site might compulsorily need license is when they need investors to partner with, because no investor would like to commit money in an unlicensed site.

Again, I understand licensing a site comes with many pros and cons and one of it includes compulsory KYC regulation, this is one of the reasons why most players no longer play on licensed site but would rather choose a trusted  unlicensed casino site over a reputable but licensed and KYC demanding casino site