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Author Topic: Do i need a license if i want to create a crypto gambling site?  (Read 964 times)
creeps
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August 31, 2018, 04:13:36 AM
 #81

Very few countries provide with legal support for the development and implementation of gambling. As the online gambling sites too requires certain norms to be fulfilled, they register with those particular countries. This will let the gambling sites progress and gain the trust of users while there are lots of un registered gambling sites which scams people.
Un-registered gambling sites is very risky but if the OP want’s to make a legal business then he should be more patience and of course it will need a lot of money. I don’t know the process on your place but if you want to make a trusted gambling sites then having a license is a good choice for you.
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December 08, 2020, 11:57:23 PM
Last edit: December 09, 2020, 12:07:44 AM by Hamphser
 #82

if i use crypto gambling website in for internet costumers i need all countries license? or i need filter countries? or i dont need for crypto gambling website license

Better to have license and not necessarily in overall countries.. Having one in local would already be enough to justify your legitimacy and that will surely create some confidence and security towards your potential users..

When it comes to filtered countries then it will always depend on countries jurisdiction both on where you lived and on potential users that will play into the site.

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December 09, 2020, 02:17:32 AM
 #83

If you want to make a better paltform for gambling sites and wanna see more traffic then you should do this. License can help you to make the customers understand that they are in the right place and their assets are safe here which is the most important thing in gambling.

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December 09, 2020, 04:29:42 AM
 #84

If you want to make a better paltform for gambling sites and wanna see more traffic then you should do this. License can help you to make the customers understand that they are in the right place and their assets are safe here which is the most important thing in gambling.
License is a necessary to be honest but in my country, having one costs an arm and a leg, it is definitely worthy though as we all know, it makes you immune to legal persecution. Online though, I do think that it will be different as some sites could just get their website secure and make it look legitimate, I do not think that online gambling is not that necessary as long as you deliver the services.

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December 09, 2020, 04:30:02 AM
 #85

You can get a license but not to the countries where your customer comes from, you need to get a licence from your own country because it is the gambling site (business) that needs the license to avoid headaches in the future regarding about legal matters in your country. You also don't have to get a license if you want since it's just a crypto gambling site, a license is just a key to be in the safe zone.

The only disadvantage of getting a license is the tax that you're going to pay to the Government monthly, but since it's a gambling site, I guess it won't matter that much if you'll have many people playing in your gambling site.
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December 09, 2020, 06:28:59 AM
 #86

You can get a license but not to the countries where your customer comes from, you need to get a licence from your own country because it is the gambling site (business) that needs the license to avoid headaches in the future regarding about legal matters in your country. You also don't have to get a license if you want since it's just a crypto gambling site, a license is just a key to be in the safe zone.

The only disadvantage of getting a license is the tax that you're going to pay to the Government monthly, but since it's a gambling site, I guess it won't matter that much if you'll have many people playing in your gambling site.
imagine if it work that way where gambling sites need to get license for every single country that they want to support i think thats crazy and most of them cant do it but they will end up with few costumers only and there are others that will try to acquire more license for other countries to get more costumers and about the tax it will now change and the cut for tax arent going to be the same anymore just to be fair  .

for now only old casino mostly have a license but newer casino doesnt have yet but they are still playable
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December 09, 2020, 06:59:06 AM
 #87

As many members say, it is better to have a license for a crypto gambling site, just in case to avoid any problem that could happen in the future. That can trust people who visit the site, and people will believe that the site will not scam them in the future. Maybe that can boost their reputations among the other crypto gambling site because people will see that their business have a license.

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December 09, 2020, 07:11:21 AM
 #88

If i wanted to create a crypto gambling site would i need to get a license in the countries where my customers would come from?

as in if i targeted people in the UK would i need a UK license?

or is the crypto space exempt from the licensing as it's not "fiat"

and if a licence is needed would i need one for each country i want my site to be used in or just one in general?

i realize this might be a nooby question but i wanted to ask as i don't know much about the legal side of the gambling scene.
I don't really think that license is necessary to have before establishment of site, but in addition I will like you to follow the opinion of Juggy777 it will make you to gather necessary information about your objective.

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December 09, 2020, 07:25:09 AM
 #89

If you can show a license to the community, they never think that they had come into illegal site.
Is this necessary? Absolutely, YES.

License is a legal basis for you to consider, gamblers much appreciate that if they see it. A sort of encouragement, they'll think that they are secure and you as well. Do you want your business to seize by the authorities since your intention is good? I don't think so and it is your duty and obligation to do secure that and for the welfare of everyone involved.

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December 09, 2020, 07:40:25 AM
 #90


I don't really think that license is necessary to have before establishment of site, but in addition I will like you to follow the opinion of Juggy777 it will make you to gather necessary information about your objective.

Gamblers like to play in a site where it is compliant, it added credibility to the gambling site making them appear legit and they are protected by the government where they are operating, everything is all about ease of existence and playing for the gamblers, if the government wants to have information about your site it is to protect the gambler, and the certification is big marketing for  gambling site


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December 09, 2020, 08:12:42 AM
 #91

-snip-
License is a legal basis for you to consider, gamblers much appreciate that if they see it. A sort of encouragement, they'll think that they are secure and you as well.
-snip-
The license is not for pleasing their users. It is for operating legally in a country. Can you legally run a business without a trade license? Nope. Your illegal business will be shut downed, you will be fined and may also have to serve a sentence of a year or two or even more depending on the severity of your case. Without a license the government won't be able to properly regulate the casino, hence they won't even know if you are paying the government properly or not.
And yeah, if its a regulated casino with a license, the users will also have a chance to enforce their rights when necessary.

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December 09, 2020, 08:25:19 AM
 #92

Seek legal advice or consult a lawyer regarding your concern, even most people here are well versed in gambling, only a few know about operating a casino. I agree with some posts that each country has its legislation or law about gambling so you must think of what countries are you plannig to run your online casino to avoid any legal obligations in the long-run.
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December 09, 2020, 01:12:51 PM
 #93

Gambling site should be licensed as it gives credit to the site and trust for other clients. In some case to license a gambling site could be as a function of the site host not wanting the site to the access in some specific Geographical locations. Many site don’t open from particular location because of the particular command the site host has licensed to the gambling and a lots of factors can influence site being under licensed.

bonjouros
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December 09, 2020, 04:57:18 PM
 #94

You should state if where you are from so you can start there, if you country offers a license to casinos then you can apply a license in your country and with regards to other country customers that you like to target.

There are some countries that are very strict with their players like US and etc. so if you like to accept players coming from those countries then you should file some legal requirements for sure in order to make your casino legal. But for starter, you can just file a license in your country then hire a good lawyer that will handle the license problem to other countries if your casino will become more and more popular.
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December 10, 2020, 07:46:42 PM
 #95

If you want to make a better paltform for gambling sites and wanna see more traffic then you should do this. License can help you to make the customers understand that they are in the right place and their assets are safe here which is the most important thing in gambling.
License is a necessary to be honest but in my country, having one costs an arm and a leg, it is definitely worthy though as we all know, it makes you immune to legal persecution. Online though, I do think that it will be different as some sites could just get their website secure and make it look legitimate, I do not think that online gambling is not that necessary as long as you deliver the services.
You know, people do believe easily on physical transaction because they can face it. But in online, it is not established and still it is difficult to trust someone in these days. For gathering trust, license can help you a lot. Though you have to pay a huge amount to get this but you should do it to established a global gambling sites.

In mu country, it isn't actually legal but we the people are using it without giving our identify. So do it from a legalized country where it is accepted.

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