Operating Online Casino -- Need License?

[JohnBarr]

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?

[1715080118]

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[1715080118]

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[jackg]

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...

[ilovefeetsmell]

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?

You should do a legal process before you start your online crypto casino. Don't risk your business in just a moment. All business and money related must undergo a legal and license process. If you ignore this process, all of your hardwork will be nothing and useless. Your mind will be stress free if you have license and you are not be frightened to do a work such as online casino. Goodluck!

[libert19]

Not sure, almost all steem based casinos don't have gambling license. Anyway, if you are looking to get license for your site, then I guess BVI and Curaçao is friendly territory, eosbet is registered under Curaçao laws.

[robelneo]

You should state what country you are in and you should get a license from the country you operate it, or where it is coming from, not because you are online-based, doesn't mean you will not get a license to operate, this is good so they know where you contact you and you will gain trust from bettors.

[darklus123]

First of all you are running a business and by law every business should have a license. Especially the type of businesses that requires a certain user to at least be in the legal age to be able to use your business's services.

As I have known in most part of the world businesses that involves "sexuality","alcohol","gambling","smoking" undergoes a very long process in getting their licenses to ensure that a certain user or consumer are being protected by the law. To simply answer your question "yes it is a must"

[rhomelmabini]

I can't tell you that it is a must since not every country are strict about that, may we know what country you are in OP? Here's a piece of advice though I am not that of a gambler in nature, in order to get you more players on your gambling casino, you should get one because that will ensure your bettors are in good hands that the casino is operating legally.

[michellee]

I think having a license is one thing that we need to have, especially if we running a gambling website in the territory of the country which allows gambling in their country. But I don't know the truth because I don't have a gambling site, maybe you can ask with the owner of the recommended gambling site on here, so you know the answer. I think that will be related to where the gambling site is hosted so maybe you can ask with the hosting provider services too to get the right answer.

[CryptoGamblingSites]

Do you (the owner, whomever) need any license(s) to "legally" operate an Online Crypto Casino (Slots, BlackJack, etc...)?

Depends which areas you are planning to offer gambling services. Whether you plan to block areas that have laws against such activity.

Are you in risk if you don't have them (if you need them)?

If you need them to operate in a country then you obviously are at risk to not have one, yes.

Like if I made a website tomorrow, could I legally run/operate it and accept deposits?

Yep. Anyone can build one, getting customers and retaining customers is the tricky part. 

[omonuyak]

I think license is a must but I’m not familiar where to get it, but as far as gambling is concern, I won’t play on any illegal gamling sites. I believe the trusted gambling sites have their own office, and operating their business legally even if its in a world of cryptocurrency.

I believe in trust and if any gambling sites has trust and fairness I don't care if there are legal or not.we don't need license for cryptocurrency gambling sites and as such license is not what we concern ourselves with but trust.

[beerlover]

if I made a website tomorrow, could I legally run/operate it and accept deposits?

You may operate but attracting deposits would be a big problem. Even in crypto space now a days, people look for registered companies so that they may chase down the owners on the occurrence of sudden shutdown of a  business. That must be a good practice for staying/beginning safer.

You cannot think about operating a fiat casino but now in crypto world too people start looking for possible things for ensuring their safer environments.

[DoublerHunter]

if I made a website tomorrow, could I legally run/operate it and accept deposits?

You may operate but attracting deposits would be a big problem. Even in crypto space now a days, people look for registered companies so that they may chase down the owners on the occurrence of sudden shutdown of a  business. That must be a good practice for staying/beginning safer.

^ That is professionally way if you run and operate a gambling site with the complete license to operate. The legitimacy was attracting people to deposit and trust gambling companies if it is fully registered and that should have a license to operate. It would be better if your business is in a legal way and not hiding to your costumers. So, my answer is YES.

[mu_enrico]

Yes, you need one.
Even if it's from Curaçao, the license will serve as a bragging right or in other words to give players some peace of mind.

It's similar to any other business when you need to create a legal entity and some permit, mainly to show that you are serious about your business, not some kind of hobby projects.

[2double0]

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You are correct at some point when you talk about the safety of bettors who must have complete information about the owner to keep themselves safe but that doesn't mean that owners can't launch a casino. They can start without a license or giving any information about them but it should be a P2P gambling site and they will work as escrow 'where the only condition remains that they don't cheat'. OneHash is the best example for this. How can a decentralized gambling website paying automatically to their customers on each win need to expose about the owners of that business?

[Indamuck]

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.

[avikz]

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?

It all depends on your local law mate! If your local law explicitly say that you require government approval to carry out such kind of businesses, then you would require license. I would recommend you to get a license before you start operating a crypto casino and get yourself acquainted with the IAGR (International Association of Gambling Regulators) norms. We certainly don't need crap casinos to run in the market!

[swogerino]

It depends mostly on the country where the casino is licensed but most of the major crypto are regulated,the one who have ton of traffic they can't risk to close business by not following some simple rules and procedures.We have the trusted casinos in the Gambling. section.No one wants to play in a casino operated by anyone.

[YuginKadoya]

Just like all people here all things needs to be done legally, And because normally for law-abiding citizens they will surely obey the law and just to be safe in not getting arrested by the authority, I really think that a license is a must and it will surely depend on your country if they are OK with online casino, Because mostly some online casino's is ban in certain countries and the government would surely want to take legal actions when it comes to Bitcoin gambling.

[target]

It won't be long til we see user game-protect coming to reply here declaring the casinos you said are operating illegally. I don't play much of casinos though so I don't know much about licenses but as long as your casino allow people to play and you pay them fairly, I guess you can operate. It doesn't matter when you will suddenly tick and turned scam. Any of the license casinos can still be a scam.

[imstillthebest]

It won't be long til we see user game-protect coming to reply here declaring the casinos you said are operating illegally.

lol yeah thats what im also thinking . user game protect loves to troll and complain about the legality of the casinos .

I don't play much of casinos though so I don't know much about licenses but as long as your casino allow people to play and you pay them fairly, I guess you can operate.

thats not enough i think because if we saw offline casinos they always have a certificate because if not they will be questioned by authorities  . same as online , some casinos have a certificate that can be found on their bottom page  . certificate can also make them attractive because they will look more trusted .

it doesn't matter when you will suddenly tick and turned scam. Any of the license casinos can still be a scam.

but its hard for them turned into scam because they can easily be track .