Running an online Bitcoin gambling website

[Shimmiry]

I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.

As far as I know, anything you make as long as you can gain huge income depending on your country/government would still be requiring papers to be accepted as business as most of the government often depend on their people's taxes. Therefore, making such businesses that involves making money in any form would be counted as taxable business.

[Hippocrypto]

I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.

As far as I know, anything you make as long as you can gain huge income depending on your country/government would still be requiring papers to be accepted as business as most of the government often depend on their people's taxes. Therefore, making such businesses that involves making money in any form would be counted as taxable business.

As part of the government's regulation on the requirements to run a business, that should be complied. Taxes is collected from the gambling business whether it's a fiat or bitcoin online gambling, which will be used for the country's development. Every institution must be registered as legit business, to avoid being subjected by the law.

[maxreish]

Sorry, mate. As per updated law regarding the regulations of online gambling, it was already prohibited. Mind check this out:
 - https://iclg.com/practice-areas/gambling-laws-and-regulations/canada

It says it is considered as illegal. Your plan of developing and creating gambling website is indeed illegal in your prestigous country. Drop the plan, bro. Before getting into troubles. You can DYOR for confirmations about the existing gambling laws in your country.

[passwordnow]

I would get an advice from a lawyer and consult this matter. And explain to him what you want to build and start as a business through cryptocurrencies, he/she might not understand what bitcoin is so you have to give him a brief summary of what it is.
Given with the websites suggested to you, there is a possibility that it might missed a lot of updates.

[Ayiranorea]

Sorry, mate. As per updated law regarding the regulations of online gambling, it was already prohibited. Mind check this out:
 - https://iclg.com/practice-areas/gambling-laws-and-regulations/canada

It says it is considered as illegal. Your plan of developing and creating gambling website is indeed illegal in your prestigous country. Drop the plan, bro. Before getting into troubles. You can DYOR for confirmations about the existing gambling laws in your country.

As suggested it is good to DYOR and proceed further. Also there is chances to register on countries where gambling is supported and further move to Canada in the future if government shows green signal to gambling sites. Also when it is crypto based gambling site, cryptocurrency related laws also need to be considered.

[Ucy]

I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.

In my opinion, it's necessary to follow the gambling law of the country you are operating from, especially if you are creating a serious gambling business. Unless you want to do this from a country with favorable gambling law?
I think you should read and understand what the Canadian laws say concerning gambling, try to list them down and apply them on your site. Or a lawyer can be used as someone suggested.
Alternatively (in my opinion) you could have multiple partners around the world(esp partners in countries with favorable laws) to co-own the gambling site. Or you could just build a decentralized gambling site with other people and make it non-profit or something.

[libert19]

I have seen anonymous people running gambling website without any license. There are few on steemit, magicdice was the first to start the trend and later lead person exit scammed, since he was anonymous, no one could do anything.

[bitcoin31]

If you are lpcated to the country of Canada better to apply for licenss so once you want to operate gambling site online to your country you cannot having any problem.  Because a business need to have a license so it will become legal because if the government find that your online gambling sites does not have any license possible for you to pay penalty or your gambling site will close.

[YOSHIE]

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.

There are a number of methods that you must employ in Canada for gambling that you are currently developing.
That I know in Canada every online casino, which runs must have laws set by the Canadian state .

There are procedures, rules and methods of online casino that you must obey in that country, for the security of your gambling site.

Example: You might, can see below, gambling sites that are currently in Canada.

ONLINE CANADIAN CASINO GUIDE: EVERYTHING YOU NEED TO KNOW

CANADIAN GAMBLING REGULATIONS

And this is Bitcoin Casinos, which is now.

Bitcoin Casinos in Canada 2020

BITCOIN CASINOS – WHY ARE THEY SO POPULAR IN CANADA?

I hope this can help you about doubts about gambling sites that you experience now.

[libert19]

I have seen anonymous people running gambling website without any license. There are few on steemit, magicdice was the first to start the trend and later lead person exit scammed, since he was anonymous, no one could do anything.

There websites who still know that many people didn't do study or research that's why they keep doing it. However all we need to do is to assured ourselves that we need to research and report those websites that only aim is to scam users. We need to be responsible enough in our investment, remember if it's too good to be true, it's probably a scam.

There wasn't much destruction in terms of funds, since it was on chain betting all winning were transferred instantly. It's just that some mined tokens and all their 'minting' hard work went in vain.

There was no blatant signs of scam and thus even experienced users fall for it.

[slaman29]

Sorry, mate. As per updated law regarding the regulations of online gambling, it was already prohibited. Mind check this out:
 - https://iclg.com/practice-areas/gambling-laws-and-regulations/canada

It says it is considered as illegal. Your plan of developing and creating gambling website is indeed illegal in your prestigous country. Drop the plan, bro. Before getting into troubles. You can DYOR for confirmations about the existing gambling laws in your country.

Agree. Not worth it. You could probably get away with it for a while, but as soon as someone reports you and I bet this forum itself there are such people, your government would hunt you down. Tax money and fines? They also will want to set an example. Don't let us read about you in the news section please;)

[justdimin]

No website runs from the actual nation they are based in you know that right? Like %99 of the places here have a license from some weird place coracao or whatever that nobody really cares about, all it does is give information of the owners to that place and if they ever scam people you can try to get their personal information and make a difference, otherwise there is literally nothing you can do about it.

If you are in Canada and open a casino, all you have to do is open one in that nation or any other nation that allows online gambling, then go back to Canada and run the website of things there. Sure you may need to deal with some paperwork for a while and time to time they may need it again but that's about it, all of the rest of the times you can stay in Canada without a problem.

[fortunecrypto]

I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.

You should your local authorities if it is legal since it is based here in Canada it's important that you address this first and also ask if a license is also needed the most important thing here is, compliancy, so you will not run a problem, running your online casinos, it's better for a casinos to have a license since you are dealing with funds here.

[Heartilly]

I have seen anonymous people running gambling website without any license. There are few on steemit, magicdice was the first to start the trend and later lead person exit scammed, since he was anonymous, no one could do anything.

For that, those who tested the site are the ones to blame. Why they risk their money for an unregulated gambling site.

This is the problem for some gamblers, adding risks to their gambling experience by testing random sites.

[mindrust]

If you are going to operate without a license you better don't do it in your home country. Find some other country which allows you to do stuff like that or if it is hard to get a license in Canada, move your business to either Montenegro or Curaçao like everybody else. (these are handing out casino licenses like you get it from a candy shop)

[Blackdeath]

I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.

As long it is legal to run a gambling site in your country which you are located in Canada, it is possible for you to run it. But you really need to have a licensed to host the gambling site, so that you could gained trust from people who are interested to play in the gambling site that you are in.

[Clark05]

I do not know law of what is Canada have because Im from the others country but if the Canadian government needs License apply all the needs to become legit your online gambling I think it easy to get license as long as you pay that every month or you need to renew it so the government will not banned your site.

But if not necessarily to have licenses for your plan to have online gambling you can do that but better if you review if it's safe so you will not having trouble but if you build gambling traditionally ofcourse you need a license for that.

[Asuspawer09]

I have a few questions regarding running a Bitcoin gambling website online.

I am located in Canada. So I'm not sure if it's legal for me run a site like this online from within Canada.

If it is legal for me to host the site else where, where is it possible for me to host it and do I need to get it licensed or it's okay to operate without a license since it's crypto.

Don't do it we know that gambling websites only circulate funds in their websites in order to gain profit, Im not negative to what you want but in my opinion, a gambling website is not a great investment to earn a profit for long term we could see a lot of gambling websites that are already closing and bankrupt because of lack of users in the websites. Also, I heard that taxes in Canada are really expensive so I think it is going to be difficult for you to execute this or operate in Canada.

[FlightyPouch]

I think talking to a lawyer could really help you. Here in our country, Philippines, as far as I know, online gambking is restricted. Owning one here in our country is an illegal act so better put an exemption to our country. Other countries would be good though, as long as you talk to a lawyer.

[Question123]

I think talking to a lawyer could really help you. Here in our country, Philippines, as far as I know, online gambking is restricted. Owning one here in our country is an illegal act so better put an exemption to our country. Other countries would be good though, as long as you talk to a lawyer.

Yes they need to consult to the lawyer to know the law to their country if they be able to create a gambling website but Im pretty much sure lawyer wants to have permit but lawyer know how his gambling site will become legit. Im from Philippines too and creating gambling here in my country needs permit or license feom the government before you operate because possible for the founders to banned if they notice that you operate without any permit I think licenses is not big so you can apply if you want.