Curacao licensed casinos banning Curacao residents?

[Yogee]

I already asked this in two threads but I cannot get a clear answer.
- Duelbits https://bitcointalk.org/index.php?topic=5279042.msg55344240#msg55344240
- Betnomi https://bitcointalk.org/index.php?topic=5279745.msg55348425#msg55348425


- https://duelbits.com/terms

Betnomi updated their Terms and Condition recently and removed Curacao from the list of banned regions.
- https://www.betnomi.com/general-terms-and-conditons


I went on to look in other Curacao licensed casinos randomly and found out it's not just Duelbits.

DuckDice

- https://duckdice.io/terms

Bustabit

- https://www.bustabit.com/tos

Roobet

- https://roobet.com/

I am confident there are more casinos with the same policy.

Again, can anyone help and explain why this is the case in some casinos? I couldn't find an article stating that the Curacao Government bans their residents from online gambling.

[1715248741]

1715248741

[1715248741]

1715248741

[Hhampuz]

Source: https://www.curacaowebhosting.com/2018/05/18/where-can-a-curacao-gambling-license-be-used/

[Yogee]

Finally! Thank you Hhampuz.

This leads me to another issue now since it appears that other online casinos aren't implementing the policy set by the Curacao Government. This also  supports why there are people who doesn't think highly of gambling license obtained there. They don't check if the rules are strictly followed.

[Hhampuz]

Finally! Thank you Hhampuz.

This leads me to another issue now since it appears that other online casinos aren't implementing the policy set by the Curacao Government. This also  supports why there are people who doesn't think highly of gambling license obtained there. They don't check if the rules are strictly followed.

I'm not sure if this is a new change or if it's always been there but either way I'm not sure. Curacao has a pop. of like 160,000 people so I'm not sure it's too big of an issue anyways.

[Lorence.xD]

Finally! Thank you Hhampuz.

This leads me to another issue now since it appears that other online casinos aren't implementing the policy set by the Curacao Government. This also  supports why there are people who doesn't think highly of gambling license obtained there. They don't check if the rules are strictly followed.

I think the focus of their casinos is international like Monaco or Macau. And with a small population, I do think that they like their people focusing on other aspects of society instead of gambling.

[Insanerman]

Finally! Thank you Hhampuz.

This leads me to another issue now since it appears that other online casinos aren't implementing the policy set by the Curacao Government. This also  supports why there are people who doesn't think highly of gambling license obtained there. They don't check if the rules are strictly followed.

AFAIK they only have Curacao's License to Operate, regardless of what a gambling platform's exclusive policy is. Hence, the government and laws of curacao especially in gambling casinos (physical or online) doesn't really have that sort of sensitivity with the policies of those companies. Also, why would they restrict things that they know they aren't capable to manage? If there are a lot of gambling casinos registered in Curacao, do you think they can even regulate each and one of them and check if their policies were inclined with the local Curacao policies? Or do they even care with the platforms' exclusive policies afterall?

[YuginKadoya]

I think all sort of Legal and illegal issues pertaining to gambling and certainly found in different parts of the country although the internet had a wide range of audience there are laws that are prohibiting gambling legally in different countries and the online gambling jurisdictions and licensing authorities which regulate the online gambling industry,

well, all other countries have there fair share of laws regarding certain online gambling like in my country even though there are many exceptional gambling sites that you can play on there are still a few that are prohibited due to regularities and sometimes permit to operate is not allowed.

[Russlenat]

There's nothing wrong with that, in the Philippines there's a POGO or Philippine Offshore Gaming Operator (https://en.wikipedia.org/wiki/Philippine_Offshore_Gaming_Operator) but Filipinos are not allowed to gambling in POGO, the state just want to make money through taxes derived from POGO but still consistent with their policy to limit Filipinos exposure in gambling.

[Japinat]

What I understand in this kind of policy from such country, is that they want to attract operators to operate for them to give license and get taxes in return while they would not allow their people to gamble to these gambling sites as their government would only want their people's money going into them.

It's a smart strategy IMO.

[TGD]

What I understand in this kind of policy from such country, is that they want to attract operators to operate for them to give license and get taxes in return while they would not allow their people to gamble to these gambling sites as their government would only want their people's money going into them.

It's a smart strategy IMO.

I believe the post below is the closest answer why Curacao don't want there own resident to gamble which is actually listed on my Gambling Facts thread here: https://bitcointalk.org/index.php?topic=5270462.msg55039659#msg55039659

But your opininon have a point and might be the possible answer. This is the first I saw that Curacao add this rules because I'm sure that they don't have that policy before since I always read ToS before I play.

I think the focus of their casinos is international like Monaco or Macau. And with a small population, I do think that they like their people focusing on other aspects of society instead of gambling.

[RokokGudangGaram]

What I understand in this kind of policy from such country, is that they want to attract operators to operate for them to give license and get taxes in return while they would not allow their people to gamble to these gambling sites as their government would only want their people's money going into them.

It's a smart strategy IMO.

I believe the post below is the closest answer why Curacao don't want there own resident to gamble which is actually listed on my Gambling Facts thread here: https://bitcointalk.org/index.php?topic=5270462.msg55039659#msg55039659

But your opininon have a point and might be the possible answer. This is the first I saw that Curacao add this rules because I'm sure that they don't have that policy before since I always read ToS before I play.

I think the focus of their casinos is international like Monaco or Macau. And with a small population, I do think that they like their people focusing on other aspects of society instead of gambling.

This is definitely a good point. The issuance of license is mainly for the purpose of getting taxes from it and not to really govern the gambling activities of their citizens, hence they do not want their residents to engage with gambling.

[slapper]

Well, at least there are casinos do follow strictly the regulations of a country. But there will be other casinos which do not need you to provide any identity in order to become a part of the game. I have tried many different places and they are fine for me. My country and strongly prohibit gambling. However, they only take care of offline gambling. There is no such force that can maintain the situation on the Internet where everyone is happy with being anonymity in gambling

[seoincorporation]

This is a great point for debate because they are the number one licenses for crypto gambling online and as you mention they don't allow users from the same country. So, it's a little bit confusing. But after reading a lot i understand they provide only the gambling license for gambling sites and let the users around the world gamble on their site always when the local laws allow this activity. Curacao doesn't allow its own people to gamble online, but they can provide the licenses in a legal way.

[fiulpro]

This is actually very weird. Since they are registering in the same country which does mean that they are going to pay TAXES! . Taxes  are for the people, to be used for them by the governmental body. Therefore I believe not letting the residents of the same country use them is kind of unfair.

If the site is :
Registered
Following the rules
Then I do believe that the residents should be able to use it without any problems.

At the same time I do believe that if cryptocurrencies are not banned there it won't only be a good source of revenue for the users , but it would also be easier and more interesting for the people to engage in it.

The government do need to check their rules again and make them favourable for the people.

[mindrust]

Freebitco.in has no gambling license and If I am not mistaken they don't give a damn about your country of residence. Why are these casinos making this a big thing anyway? At this point getting a casino license from Curaçao creates more problems than what it solves. Don't get a license, don't deal with FIAT, problems solved in the best possible way. (it is free too)

[Stedsm]

Freebitco.in has no gambling license and If I am not mistaken they don't give a damn about your country of residence. Why are these casinos making this a big thing anyway? At this point getting a casino license from Curaçao creates more problems than what it solves. Don't get a license, don't deal with FIAT, problems solved in the best possible way. (it is free too)

Because freebitcoin is a faucet, not a casino, so it doesn't need a license to run. Casinos need to abide by the policies that are set by the license provided through these specific organizations in order to prove their customers that they are legit and are conducting their casino business in a legal manner. When you say "don't deal with Fiat", do check some websites where fiat is not involved there but still they have this license maybe because (the first reason already mentioned before and) a few games in their casino support Fiat play.

[mindrust]

Freebitco.in has no gambling license and If I am not mistaken they don't give a damn about your country of residence. Why are these casinos making this a big thing anyway? At this point getting a casino license from Curaçao creates more problems than what it solves. Don't get a license, don't deal with FIAT, problems solved in the best possible way. (it is free too)

Because freebitcoin is a faucet, not a casino, so it doesn't need a license to run. Casinos need to abide by the policies that are set by the license provided through these specific organizations in order to prove their customers that they are legit and are conducting their casino business in a legal manner. When you say "don't deal with Fiat", do check some websites where fiat is not involved there but still they have this license maybe because (the first reason already mentioned before and) a few games in their casino support Fiat play.

Freebitco.in has been a casino for a long time actually. Have you visited them lately? They offer dice, sports&political betting. How come it is not a casino?

Who gives a fuck about it if the casino has a license or not as long as it has a good history? Nobody would.

Not convinced.

Having a casino license is a net negative for the owner if it is a crypto only casino.

[Stedsm]

Freebitco.in has been a casino for a long time actually. Have you visited them lately? They offer dice, sports&political betting. How come it is not a casino?

Lately? I don't think so.
Actually, I have been a very "early-time" player on that website but didn't visit them since 2-3 years. Never knew freebitcoin started offering sports and political betting too. I joined them in early 2014 and been there for almost 3 years before BTC spiked too high, but till then, all I saw there was a dice and a lottery to win jackpot except the faucet.

Having a casino license is a net negative for the owner if it is a crypto only casino.

Exactly, because a license binds the owner of the website with the issuers rules and regulations and if a website is completely crypto-based, there's no need for a license IMHO. All it gives is an assurance (and some sort of insurance too) that the website has $..... worth of sum assured per player.

[Ryker1]

Well, firstly it perhaps is because they are not yet engaged and do not focus on regulating gambling operations (online or physical)
yet because they are focusing on some areas of their responsibilities. And this may attract the operators to take advantage of it.
However, on the other hand, it might be because they intended to have a wide-open structure for casinos. But if I were you, I would speak with a local attorney or lawyer that is specializing with corporate tax just to make sure all of the things are clear. Not anything can be cleared by searching on google. Some have to be done or answered by the professionals. It might cost you some, but consider it as your investment for your security.

[goaldigger]

There's nothing wrong with that, in the Philippines there's a POGO or Philippine Offshore Gaming Operator (https://en.wikipedia.org/wiki/Philippine_Offshore_Gaming_Operator) but Filipinos are not allowed to gambling in POGO, the state just want to make money through taxes derived from POGO but still consistent with their policy to limit Filipinos exposure in gambling.

That’s right, they can get the license easily as long as they pay taxes and of course follow the guidelines of the Philippine government and this is also the same with Curacao. Mostly, crypto gambling sites are seeking for a Curacao gambling licensed, there must be a reason for this one and by this they have to follow the laws under the licensed that they have, so Curacao citizen have no choice but to follow the law as well.