Gambling License

[Maslate]

Yes, they can use the license to trick their members and run away with their money.

I think this kind of belief is wrong, no offence mate but license is a privilege given to a private business from the government, and it will go through process where they will require information from the owners and the incorporators of the gambling site, if their main purpose is just to scam the gambler, they should not register their business legally.

[plr]

Yes, they can use the license to trick their members and run away with their money.

I think this kind of belief is wrong, no offence mate but license is a privilege given to a private business from the government, and it will go through process where they will require information from the owners and the incorporators of the gambling site, if their main purpose is just to scam the gambler, they should not register their business legally.

If you have a license you are bound on the terms and contract of that license it's not easy to get away if you have a license and you will just scam people, you will be persecuted your license revoke and they might ban you in the country, gambling license is not a license to scam people, rather it's the other way around, they made you a legal entity so you are bound my legality.

[Maslate]

Yes, they can use the license to trick their members and run away with their money.

I think this kind of belief is wrong, no offence mate but license is a privilege given to a private business from the government, and it will go through process where they will require information from the owners and the incorporators of the gambling site, if their main purpose is just to scam the gambler, they should not register their business legally.

If you have a license you are bound on the terms and contract of that license it's not easy to get away if you have a license and you will just scam people, you will be persecuted your license revoke and they might ban you in the country, gambling license is not a license to scam people, rather it's the other way around, they made you a legal entity so you are bound my legality.

That's what I'm saying, you can't play with the license, not only that you will be ban, you can also get to jail if you are scamming people, you know, authorities would be having a hard time finding you as they know your name as the operator, so I don't think operators will try to scam people, unless their license are fake.

[Saisher]

That's what I'm saying, you can't play with the license, not only that you will be ban, you can also get to jail if you are scamming people, you know, authorities would be having a hard time finding you as they know your name as the operator, so I don't think operators will try to scam people, unless their license are fake.

It will do good if the gambling site have both two of this, license and reputation but as we can see gamblers are looking for repuation, because even if gambling site has a license they can still manipulate some gamblers to make them appear they are doing harm in the platform and they asked gamblers to charge them, which is a waste of time so between the two I go for reputation, it's safe to play here.

[Mahdirakib]

One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered?
~snip~
3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new?

Basically I don't care about the license of a casino. I have played a lot of site, before playing there with deposit I check the casino review. Without having probably fair game a casino review will never be good. It help me to avoid shady casino. In my opinion reputation can consider as a license of old casino. It's easy to know about a new casino by using their chat and some user opinion.

[safari88]

One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered?
~snip~
3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new?

Basically I don't care about the license of a casino. I have played a lot of site, before playing there with deposit I check the casino review. Without having probably fair game a casino review will never be good. It help me to avoid shady casino. In my opinion reputation can consider as a license of old casino. It's easy to know about a new casino by using their chat and some user opinion.

it is very hard to believe that. you always want to play with a casino that has a license. otherwise they can walk with your money very easily. if they try to do it with a license then at least you have some company information that you can reach out for or one commission. if it is not licensed and you are scammed, where are you going to search?

[Maslate]

One thing many pro and casual gamblers like us always look for is whether the online casino is licensed or not but do we care where it was registered?
~snip~
3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new?

Basically I don't care about the license of a casino. I have played a lot of site, before playing there with deposit I check the casino review. Without having probably fair game a casino review will never be good. It help me to avoid shady casino. In my opinion reputation can consider as a license of old casino. It's easy to know about a new casino by using their chat and some user opinion.

It is very hard to believe that. you always want to play with a casino that has a license. otherwise they can walk with your money very easily. if they try to do it with a license then at least you have some company information that you can reach out for or one commission.


if it is not licensed and you are scammed, where are you going to search?

This is my point, where are you going to search them if you sue them? And would it make you comfortable trusting them your money knowing they don't have an identity and anytime they can go dark taking your money? These are the risk that we can minimize if we are gambling in a site with license.

[Mahdirakib]

~snip~

I don't spend big amount in gambling. So if a casino scam my small deposit amount, it wouldn't heart me much, though I will feel bad. Moreover gambling is illegal in our region. So if I get scammed by a unlicensed casino I have nothing to do without  telling the story to other people at online gambling reletaed platform. Actually most of the casino have license where I play but truly I don't care about it. Reputation of a casino is enough to gain trust from many gambler.

[ecnalubma]

To be a respected gambling platform reputation alone is not enough but it should also comply with the government regulations. But off course I don’t trust online casinos at all specially that ratings and licenses are easy to fake or even it has provably fair unless its a skill based or sports betting I most likely preferred.

[Fortify]

It seems like a better idea to stick with gambling regulators that are governed by EU regulators. A lot of UK gambling companies are registered and covered by the gaming regulator of Gibraltar - they get the benefit of saying they are somewhat of a UK institution but are probably able to influence the regulator or play by much looser rules than they would on the mainland. Whenever I see the company is based in somewhere like Curacao it is an instant turn off - there is absolutely zero faith that they would be able to do anything if the gambling institution didn't want to pay out winnings or committed other abuse.

[Mahanton]

To be a respected gambling platform reputation alone is not enough but it should also comply with the government regulations. But off course I don’t trust online casinos at all specially that ratings and licenses are easy to fake or even it has provably fair unless its a skill based or sports betting I most likely preferred.

Having some gambling license will really give out that kind of positive impression in most people where they do put up into their minds that theyre dealing with legit stuff since its a licensed one
or do abide with governments jurisdiction or rules but not all reputable or known sites at the moment are licensed.Some are still havent their own but do able to pull out
some attention to the entire market.So this do talks that it isnt all about license., its all about on how to make yourself trustworthy into this market.
Later on when you do gain trust then thats the time you might consider on getting a license which would strengthen the trust even more.

[palle11]

But off course I don’t trust online casinos at all specially that ratings and licenses are easy to fake or even it has provably fair unless its a skill based or sports betting I most likely preferred.

Online casino can be risky because regulation isn't having more concentration by government. Many of the casino are not surely into sincerity, people complain of scam. When scam is complained about, you can't do anything to it.

[Stedsm]

1. As a gambler, how do you gauge the legitimacy of a Curacao registered online casino or in other jurisdiction with zero or little regulation?

I believe that if gambling is already restricted in my country, I would not look for a license at all. About the Curacao thing, yes I know that the sites regulated by them - do offer players to play there even if they come from a restricted area which may put the gambler into problem if they are asked for a KYC.

2. Is it enough that they offer provably fair games?

If I'm too lazy, yes. I mean who cares about the license, I just wanna take a chill-pill.
If I'm such a type of detective sort of person, I'll definitely try to look for more critical insider information about the gambling site including its license.

3. If it's an "old" casino, you can check their reputation and reviews from players but what if it's new?

Then I'd simply try out the new casino or just wait for some people to try it out for some time and give a review about them. But trust me, even if too good reputation has been created, if a casino wants to scam, they'll definitely do that. So I don't think that a particularly new casino will be able to prove itself unless hard time strikes in for them and if someone wins something huge over their casino. That's when their real test starts.

Would it make any difference to you if they're registered in Malta or UK where regulations are said to be of the highest standards?

Definitely, because their regulatory bodies will act differently as well as their way of handling and dealing with money laundering issues and/or KYC as well as restriction of countries will be very strictly followed and users from such countries will not be entertained.

[DoublerHunter]

But off course I don’t trust online casinos at all specially that ratings and licenses are easy to fake or even it has provably fair unless its a skill based or sports betting I most likely preferred.

Online casino can be risky because regulation isn't having more concentration by government. Many of the casino are not surely into sincerity, people complain of scam. When scam is complained about, you can't do anything to it.

^ Nah, you are wrong. Gambling casino that has operated with a licensed will most likely have a good reputation. Why? because they always have audited by the licensing services that operated fairly to their clients. I will never doubt a gambling site that operates that has a license. But it depends on the length of their service not just because they have licensed and regulated by the government. Nevertheless, small tips for you. Never use an unlicensed gambling site because they are very risky.

[ReiMomo]

I don't understand, why the majority of our community members here choose gambling sites that no license as long as there is a reputation. I guess reputation has been started with a licensed gambling casino.

If you were going to ask me, I will prefer to choose both characteristics that should gambling online casinos have. The license and reputation will be the right choice. You can also choose a gambling site that already ran a business within 5 months to 1 year. If they don't have critical complaints, I guess they are good to go.

[codegnome]

It is of course much nicer to gamble on a site that is in possession of an official gambling license. Sites are bound by certain rules, I think they have to observe them.
Isn't it nicer to know who you are dealing with as a customer? and not on a site that does not publish or intend to publish any company information.
If a site does not publish anything, the first alarm bells should already be ringing.

[michellee]

Yes, they can use the license to trick their members and run away with their money.

I think this kind of belief is wrong, no offence mate but license is a privilege given to a private business from the government, and it will go through process where they will require information from the owners and the incorporators of the gambling site, if their main purpose is just to scam the gambler, they should not register their business legally.

If you have a license you are bound on the terms and contract of that license it's not easy to get away if you have a license and you will just scam people, you will be persecuted your license revoke and they might ban you in the country, gambling license is not a license to scam people, rather it's the other way around, they made you a legal entity so you are bound my legality.

Maybe you can say that. But I feel that this happens in the real-life, so I think it can happen in internet life. I think that maybe some people can get something that has the privilege of the other market, and they don't have to get it by themselves. Maybe they have contact with people who can give that access to them.

To be a respected gambling platform reputation alone is not enough but it should also comply with the government regulations. But off course I don’t trust online casinos at all specially that ratings and licenses are easy to fake or even it has provably fair unless its a skill based or sports betting I most likely preferred.

If you found the gambling platform because of their review or ratings, I don't think that the gambling site will recommend playing gambling. If it's related to the crypto world, it is better to find the recommended gambling site from here because you will get so many trustable and recommended gambling sites that you can use to gamble.

[Stedsm]

If you found the gambling platform because of their review or ratings, I don't think that the gambling site will recommend playing gambling. If it's related to the crypto world, it is better to find the recommended gambling site from here because you will get so many trustable and recommended gambling sites that you can use to gamble.

Would have been much better if you'd have given him the suggestion to also clearly read the rules and especially, the ToS of a specific gambling website they want to gamble at because this can turn bad for them if their country is listed in that website's restricted countries list and then they still gamble there but are stopped from withdrawing anything (some sites even do it like this because it's gambler's fault in the end that they didn't check the terms before registering). Nowadays, even the best and reputed gambling websites are turning grey when it comes to withdrawals.

[Pmalek]

It seems like a better idea to stick with gambling regulators that are governed by EU regulators.

It sure is, but users who gamble with cryptocurrencies are more worried about not having to go through a KYC procedure than of playing at an unlicensed gaming platform. If the site is regulated by the UK gambling commission, the players would have to do KYC verification just like on fiat casinos and bookmakers. That leaves them with two choices: They can either do the KYC or find a Cucacao-based casino with less rigid rules. Most players will pick the 2nd option. 

[Debonaire217]

IMO, a gambling site's license is not really necessary since most of the gambling sites have a license from Curacao republic, and as far as I know, the country Curacao is a country which is not really having strict gambling policies which make the gambling casino's license irrelevant. But if we can see a gambling casino registered from a big country, it somehow increases the casino's reputation. On the other hand, in cryptocurrency gambling casinos, a license isn't actually a standard of trust for the users. The reason is that crypto gambling casinos could be transparent by being provably fair, which is enough already to say that the casino is legit when verified.