If I want to start a business in gambling, which country do I choose?

[shoreno]

your country is already good because there is no regulation  and i think that means its not strict.  alot of people dont like regulation or being regulated but they love more of a decentralized .  but most big gambling sites that i see are always regulated. .

i think being regulated can also make you more trusted or legit.   starting a business to other country is hard and its costy so i wont recomend it. . if you find gambling business hard  then skip it and find other business that is more apropriate on your place.

[coin-investor]

your country is already good because there is no regulation  and i think that means its not strict.  alot of people dont like regulation or being regulated but they love more of a decentralized .  but most big gambling sites that i see are always regulated. .

i think being regulated can also make you more trusted or legit.   starting a business to other country is hard and its costy so i wont recomend it. . if you find gambling business hard  then skip it and find other business that is more apropriate on your place.

Crypto gambling is a growing industry and profitable too because there is a huge market and if you have the money and the team and the goal to do that why not, you can have a good slice of the market if you just do the right step.
Asking here is probably the best step, I hope people here have provided you all the information and option that you needed to start one.
And don't forget to launch a signature campaign here, it's a big help.

[DarkDays]

Bermuda and Curacao seem to popular choice among cryptocurrency casino operators. These countries have a reputation for protecting the privacy and rights of the casinos owners and players. However, if you're planning on being a regulated platform, then Malta could be a good choice, since this country has more relaxed rules when it comes to obtaining a gambling license.

Some countries to definitely stay away from include the US, China and Canada. You'll face numerous hurdles in this country which can be very expensive to overcome.

[smyslov]

Guys, which is the best country, friendly to gambling, that is the best choice?
I live in a country where there's no regulation of online gambling with cryptos, but it's not good to risk

So anyone here have some knowledge about this? Is it hard to start a business without have to go to this country?

It's not a regular casino website as we have nowadays...

You did not mention what country you are in, and why they do not have regulation, in that case, you can proceed in setting up because you cannot be questioned for having any license since there is no regulation in your country.
You should be more concern about getting a good host for your site since many web hosting are not accepting gambling sites in their server.

[DoublerHunter]

~snip~

You did not mention what country you are in, and why they do not have regulation, in that case, you can proceed in setting up because you cannot be questioned for having any license since there is no regulation in your country.
You should be more concern about getting a good host for your site since many web hosting are not accepting gambling sites in their server.

^ This is more serious business, a good thing if OP hires a lawyer for that because they have much further knowledge when it comes to law implementation. Well, here are some places that gambling is legal, (Nigeria, Australia, Belgium, Canada, France, Germany, Gibraltar, Hungary, Ireland, Italy, Liechtenstein, Macau, Malta, New Zealand, Panama, Philippines, Poland Russia, Scandinavia, Singapore, Spain, and Switzerland). So if where is the nearer country you are then, you can choose those names of countries above. Just only a suggestion, choose the country that has a huge number of gamblers since your having business relating gambling.

[Slow death]

Guys I apreciate all your posts here, but please read the thread, because I don't want to open a physical place, it's not focused on people living there, it will be based on internet, crypto gambling web site
But as I said it's not a regular one, I just want to open a business, legally and with license, but online, to be present worldwide

For that you need to tell where you are from or like others said you need to contact a legal advisor for proper documentation related to open an online gambling site with crypto.

But make sure that your country allows private gambling sites and also crypto currencies.

I'm from Brazil, it's not legal here to play in physical places, but there's no regulation of online gambling

I believe if it is not legal to play in the physical places then this can also be applied to online sites.

you want to get into the gambling business, some have suggested Curacao like most of those already in that gambling business have done. the main point is:

- The license that many people who are in the gambling business get in Curacao serves for what?

Does the license obtained in Curacao allow people from Brazil, USA, my country and so many other countries to play and have no problems with governments? I think not!

so in my view the Curacao license it is just so that people feel more confident when using these gambling sites, something like HYIP/Ponzi sites when they say that have a UK license.

But I may be wrong in my thinking

[Chrystora123]

so in my view the Curacao license it is just so that people feel more confident when using these gambling sites, something like HYIP/Ponzi sites when they say that have a UK license.

But I may be wrong in my thinking

AFAIK, UK is the best country for HYIP companies
Malta is the best country for the legality of cryptocurrency exchange
Cyprus is the best country for brokers (forex, stocks, commodities, and others)
Curacao is the best country for gambling licenses

CMIIW

Most crypto operators get a Curaco license. It's pretty much meaningless and I believe you pretty much just have to pay money to get it, but it does show that Curaco is pretty friendly towards crypto websites or at least does not consider them as illegal. A lot of the larger crypto gambling sites also run unlicensed.

I'd recommend talking to a lawyer before starting a gambling business as they should know a lot more than people on this forum.

AFAIK, Bustadice has obtained a Curacao Gaming License.

[tippytoes]

so in my view the Curacao license it is just so that people feel more confident when using these gambling sites, something like HYIP/Ponzi sites when they say that have a UK license.

But I may be wrong in my thinking

AFAIK, UK is the best country for HYIP companies
Malta is the best country for the legality of cryptocurrency exchange
Cyprus is the best country for brokers (forex, stocks, commodities, and others)
Curacao is the best country for gambling licenses

CMIIW

Most crypto operators get a Curaco license. It's pretty much meaningless and I believe you pretty much just have to pay money to get it, but it does show that Curaco is pretty friendly towards crypto websites or at least does not consider them as illegal. A lot of the larger crypto gambling sites also run unlicensed.

I'd recommend talking to a lawyer before starting a gambling business as they should know a lot more than people on this forum.

AFAIK, Bustadice has obtained a Curacao Gaming License.

Just to show that you have the legal operations to operate gambling business, at least get a Curacao license. It is like a minimum legality that you can acquire to say you are a credible online casino site.

[traderethereum]

It is better to hear those who suggest you to get some license first before putting up a gambling business.There's still an issue in our country about illegal gambling , also heard recently about our government's planning to banned crypto gambling. However, it is hard to put up a business in a particular country if you did not stay there for a quite some time.

That is right because they have the experience to build a gambling website.
Maybe they can advise us on how to build the gambling website so we can make a plan or strategy on what we want.
Although it is not easy, if we have a plan to build the gambling website, I thought can know step by step of making a gambling site from the beginning.
The country permission will depend on where the gambling place we want to build and I think we need to ask with the local government.
I think they will permit us if we can tell them about our plan, especially if we can obey their rule.
But we need to search for more information related to the gambling website, so we don't have a problem in the future.
And we can run the website and attract more member to come to our site.

[sheenshane]

The first reply on your post was right, find a lawyer and ask where is the good country that you want to operate a gambling business.
They should know much more regarding a jurisdiction law and guide you more when it comes to law in the country.

Here is the information regarding countries that gamble is the most and these countries had probably gambler enthusiasts.

captured on google

[Ewox]

In my opinion and based on what I’ve heard and seen on the news, HongKong is one of the most well known country who are into gambling and do have lots of casinos too. But as most say, it would be best to ask someone with higher authority to know what are the pros and cons of operating a gambling business outside your country. But if its just an online gambling business, do some research too and ask around.

[swogerino]

You need to ask detailed information about what you want to explicitly do from people who make a living out of it like lawyers or legal consultant firms.After you settle this you need to read different forums in google,gambling forums and see where most gamblers are from and target that audience.

[jrrsparkles]

Guys I apreciate all your posts here, but please read the thread, because I don't want to open a physical place, it's not focused on people living there, it will be based on internet, crypto gambling web site
But as I said it's not a regular one, I just want to open a business, legally and with license, but online, to be present worldwide

For that you need to tell where you are from or like others said you need to contact a legal advisor for proper documentation related to open an online gambling site with crypto.

But make sure that your country allows private gambling sites and also crypto currencies.

I'm from Brazil, it's not legal here to play in physical places, but there's no regulation of online gambling

So it means online gambling also prohibited in your country so if you want to start your online gambling site then you might be moved to the another country where it is supported and you still not make Brazilian people to play in your site.

Source : https://iclg.com/practice-areas/gambling-laws-and-regulations/brazil

You can see the topic 3.0 for more information. and 2.1 for license regarded things.

[Saisher]

In my opinion and based on what I’ve heard and seen on the news, HongKong is one of the most well known country who are into gambling and do have lots of casinos too. But as most say, it would be best to ask someone with higher authority to know what are the pros and cons of operating a gambling business outside your country. But if its just an online gambling business, do some research too and ask around.

If I will pick a country I will go for Hongkong also, they are an open country and it's great to move there because it is one of our premier business hubs, but if you want to start a small gambling site and your government is not restricting you, then you should have no problem in setting up one.

[rdluffy]

your country is already good because there is no regulation  and i think that means its not strict.  alot of people dont like regulation or being regulated but they love more of a decentralized .  but most big gambling sites that i see are always regulated. .

i think being regulated can also make you more trusted or legit.   starting a business to other country is hard and its costy so i wont recomend it. . if you find gambling business hard  then skip it and find other business that is more apropriate on your place.

There's no regulation here, but I can't open an online business here in gambling, so it's impossible
I really need something like a open country to obtain a license and open my company, and I will operate from another country, maybe I'll have to go to this country to open my business, and them I can operate froim distance, this is what I'm talking about

Online I can achieve the entire world

[adzino]

Guys, which is the best country, friendly to gambling, that is the best choice?
I live in a country where there's no regulation of online gambling with cryptos, but it's not good to risk

So anyone here have some knowledge about this? Is it hard to start a business without have to go to this country?

It's not a regular casino website as we have nowadays...

If there is no regulation on online gambling with crypto in your country, then where is the problem hosting the casino in your own country? I don't see any risk here.
Most countries have strict laws on hosting online gambling sites. So like others said, you better get a lawyer before you do anything illegal.

[Ryker1]

Guys, which is the best country, friendly to gambling, that is the best choice?
I live in a country where there's no regulation of online gambling with cryptos, but it's not good to risk

So anyone here have some knowledge about this? Is it hard to start a business without have to go to this country?

It's not a regular casino website as we have nowadays...

If there is no regulation on online gambling with crypto in your country, then where is the problem hosting the casino in your own country? I don't see any risk here.
Most countries have strict laws on hosting online gambling sites. So like others said, you better get a lawyer before you do anything illegal.

Well, I agree. Asking a lawyer and hired one of them is a good move when having a business like this. We don't know regarding the law in our country if we got mistake we are might in jail. I agree on online gambling, you don't need to build a very wide building for a casino, in online less stress and risk. Indeed, Macau Hongkong is the best place for gambling, they are one of the big casinos in the world.

[leowonderful]

You'll want to be aware of countries that you might want to disallow playing your games as well; there's likely a lot of regulation involved in online gambling in the United States, so many online crypto casinos block registrations or even site visits from American IP addresses, though I know many people just opt to use a VPN to circumvent this and gamble anyways. There's many other territories like Australia and the U.K. that are blocked by sites like Crypto-Games and others as well, and if you'd like to get an idea of this, just view various sites' terms of services and you should get an idea of which places to prohibit.

[ololajulo]

Well, If your planning of making a gambling site that is crypto-related I guess you would need to find a country that is mostly gambling-friendly and Bitcoin-friendly one! and I have made a list of countries that have the same attribute countries that have the most people that are gambling and countries that let bitcoin roam and be legal.

1] Australia - This country is pretty well known to cater to many gamblers and allows online wagering on sports and this country is considering Bitcoin as a unique currency and allows people to trade, mine, or buy it.

2] Canada - Popular gambling form in this country are Lottery and Scratch and win and over 75% of Canadian Adults are consider involving in one form of gambling, Bitcoin is considered as a commodity by CRA or Canada Revenue Agency and there are many laws involved with cryptocurrency and needs to considering registering their business-related with Bitcoin.

3] The United States - Although gambling is considered legal under U.S. federal law and significantly there are restrictions pertaining to online gambling I think they allow to regulate the practice within its borders only, Well they are legalizing some but there are still prohibition with some form of gambling mostly online, the USA is pretty positive towards Bitcoin so there is no problem within that range.

I guess it is still your call if what country you would like and research more on that given list.

The first 2 countries have high percentage of gambling population but we also need to consider the countries population. A field expert in gambling research, Mark Griffith tip UK to have leading number in Gambling in a higher populated country compared to the 2 countries, with younger population that can give sustainability to the idea. Also the population crytocurrency enthusiast is increasing with better adoption. We have seen even in football how obsessives the UK population can be with gambling

[Prettyme]

My country before are friendly in gambling but now they have issud and it is very risky for the investors to start business and choose my country which is the Philippines. I believe they have some country who are not risk to put yout money start gambling but make sure the government accept gambling through online even the traditional gambling because government is your no. 1 enemy for this.

And to day they've been preventing casino or any type of gambling g in out country that's why it is not good to put gambling business here in the Philippines. I think you need to put gambling business online since a lot of us here is consuming our time in social media why you put gambling business through social media.