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Author Topic: Curacao license scam  (Read 768 times)
webdream (OP)
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April 20, 2021, 04:38:46 PM
 #1

Hello friends,

I'm shocked  Shocked about the number of crypto casinos using the same gaming license from Curacao! Please take a look at this post: https://game-protect.com/curacao-license-scam/

They are scam or not? Can we play safe  and withdrawal our winnings or not?

What do you think about?
Thank you.

Have a nice day!
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April 20, 2021, 05:06:00 PM
 #2

They are scam or not? Can we play safe  and withdrawal our winnings or not?

What do you think about?

I wouldn't say they are all a scam necessarily, but these companies primarily locate their companies for two reasons - minimal company tax and privacy for company owners. If they ever have a problem or want to disappear overnight with depositor money and have been careful to cover their tracks, then the government of Curacao is unlikely to have the resources to help you. Plus they get to throw around words like "licensed" and "regulated" within their website, when in actual fact very little is done to monitor their activities. There may be some legitimate companies who operate on such a basis, but I would never feel quite safe keeping or betting large amounts of money with companies in these jurisdictions.


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April 20, 2021, 07:39:51 PM
 #3

It's not really shocking. We know that Curacao licenses are preferred because they do not have strong regulation. Some people seem to thing that being licensed makes a casino more trustworthy but there is really no evidence that licensed casino are any better than unlicensed ones. The license is nice for marketing but it means very little with regards to integrity of the casino.

 

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April 20, 2021, 07:56:58 PM
 #4

This game-protect website is work of a manipulating scammer who is banned from bitcointalk forum, so don't trust anything you read there and just ignore it.
Curacao license is better than no license and many solid betting websites like Sportsbet, Stake and Betnomi have it.

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April 20, 2021, 08:00:17 PM
 #5

In my opinion, the fact that an online casino is licensed by Curacao is not a red flag. 

For example, in 2017, I invested in EOS tokens.  The issuer of EOS tokens is Block.one.  Block.one is registered in the Solomon Islands. 

It is normal for me that alligators live at the place of registration of an online casino.  Companies can choose one or another jurisdiction based on considerations of tax optimization or lack of strict regulation. 

For me, having a license is not a determining factor in assessing the reliability of an online casino.

 
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April 20, 2021, 08:31:02 PM
 #6

In my opinion, the fact that an online casino is licensed by Curacao is not a red flag. 

For example, in 2017, I invested in EOS tokens.  The issuer of EOS tokens is Block.one.  Block.one is registered in the Solomon Islands. 

It is normal for me that alligators live at the place of registration of an online casino.  Companies can choose one or another jurisdiction based on considerations of tax optimization or lack of strict regulation. 

For me, having a license is not a determining factor in assessing the reliability of an online casino.
But having one is much more better rather than have nothing at all yet having a license does really give out that kind of impression that the site was indeed legit.

I dont know for some if they dont really put up much attention about licensing but majority will really be having the same input or impression about on being positive.

For op mentioning about game-protect then we arent blind that this site isnt really that reliable on where we can get our basis on.

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April 20, 2021, 08:49:52 PM
 #7

So far there are quite a number of gambling site that are licensed from Curacao and are very trustworthy. Some of them may end up being scam because you never really have to believe that the license will protect you from scam. If you want to gamble safely, then choose a site that has been tested that has received positive review from users so whatever you can win then you can withdraw it. There are a lot of popular gambling site that are currently licensed Curacao, and many of them are just fine.

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April 20, 2021, 08:57:27 PM
 #8

They are scam or not? Can we play safe  and withdrawal our winnings or not?

Checking the link you have posted and disregarding the reputation of that "game-protect" here in the community and just by using our "common sense", why still play at those sites? That's not even a question in the first place.

Head to the Gambling section and you will see lots of those reputable sites around wherein you can also see real feedback and experience from several users instead of picking at that list. License for me is not really necessary as long as the sites successfully built a good reputation for long. Chances of them of becoming a sh*t gambling site won't likely to happen, at least, providing how difficult it is to build a reputation from scratch and compete with other popular gambling sites.

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April 20, 2021, 09:22:57 PM
 #9

While the fake license doesn't necessarily mean that the casino is a scam, in this particular case the enlisted casinos are probably scammers or semi-scammers. I've read an article here, which describes it in more details: https://casino-howto.com/blog/how-to-verify-curacao-gambling-licenses-easy/
It says here that many casinos that use fake Curacao licenses try to look like other websites and make only small, hardly visible changes in the domain name, and then they probably steal your money. Otherwise, why pretend to be someone else? That looks like a classic scam, there are also many exchanges that scam in just the same way.
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April 20, 2021, 10:40:16 PM
 #10

They are scam or not? Can we play safe  and withdrawal our winnings or not?

Checking the link you have posted and disregarding the reputation of that "game-protect" here in the community and just by using our "common sense", why still play at those sites? That's not even a question in the first place.

Head to the Gambling section and you will see lots of those reputable sites around wherein you can also see real feedback and experience from several users instead of picking at that list. License for me is not really necessary as long as the sites successfully built a good reputation for long. Chances of them of becoming a sh*t gambling site won't likely to happen, at least, providing how difficult it is to build a reputation from scratch and compete with other popular gambling sites.

if nothing else, the massive list may help a newbie, who is not part of the forum, one way or another. because for forum long time users, we already know where to go, who are reputable casinos that you can play with without worrying that your funds will be stolen.
as the reputation of game-protect is very shady in the forum, in some ways, he may just save one life of a person by posting that article.

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April 21, 2021, 12:39:12 AM
 #11

Licensed only to show that they are trusted is not a guarantee that players will avoid a scam if playing on the site, or it could be that by having a license the players will see the seriousness of the gambling site owner in running their business why because to get a license they have to spend money that is not cheap, with gambling website owners paying for a license it means they do have sufficient funds to develop the site.
Gaming License Cost

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April 21, 2021, 02:18:30 AM
 #12

Ok one, Curacao license does not guarantee that it's a safe site. Curacao basically just asks for money and some initial requirements (src: https://www.gamblingsites.org/laws/curacao/) so it's a lot easier to register compared to others. Two, Whatever the site said, afaik, those are Master licenses. Now if you don't know what a Master license is, under their explanation, it basically means that it's a license that can provide sub-licenses to other businesses that would prove them legal. The only difference between the two is that sub licenses can't provide another sub-license to others, while master licenses can. I reckon those are all under said Master license, instead of being the same license.

Lastly, and probably shouldn't be really considered when judging casinos, is that the article was made by Game-protect. Probably shouldn't be used to judge the casinos posted, but there are some reputable ones out there and as I said, Curacao license is quite easy to get compared to others, so there may be a few black sheeps there.

 
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Darker45
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April 21, 2021, 03:09:38 AM
 #13

Let's avoid too much of a generalization.

While Curacao is one of the places where you can easily acquire your gaming license, it doesn't mean every gambling company which heads there for the same is up to scam people. Gambling companies flock there to acquire license because the process is easy and cheap. That does not speak of their credibility, though.

So please refer to the specific gambling site, read reviews, follow its track record, and decide for yourself. Don't just generalize based on where the site took its license. At the end of the day, they're all legally registered at least.

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April 21, 2021, 04:31:19 AM
 #14

Hello friends,

I'm shocked  Shocked about the number of crypto casinos using the same gaming license from Curacao! Please take a look at this post: https://game-protect.com/curacao-license-scam/

They are scam or not? Can we play safe  and withdrawal our winnings or not?

What do you think about?
Thank you.

Have a nice day!

Are you another alt account of Game Protect? why does just coming now after Game-Protect account has been banned Here in Bitcointalk.org forum?

and also Curacao license does not support  all gambling sites to be a Legit site because AFAIK there are no protection for gamblers from this curacao licensing .
This game-protect website is work of a manipulating scammer who is banned from bitcointalk forum, so don't trust anything you read there and just ignore it.
Curacao license is better than no license and many solid betting websites like Sportsbet, Stake and Betnomi have it.
absolutely mate, Game-Protect is one of the most notorious in black mailing gambling sites for years and also asking money from the victims for him to help.

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shoreno
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April 21, 2021, 05:24:25 AM
 #15

Hello friends,
I'm shocked  Shocked about the number of crypto casinos using the same gaming license from Curacao! Please take a look at this post: https://game-protect.com/curacao-license-scam/
me either im shocked because they list almost all of the gambling site as a scam .

They are scam or not? Can we play safe  and withdrawal our winnings or not?

What do you think about?
Thank you.

Have a nice day!

it was stated that all gambling sites listed are scam  but of course thats a lie because not all of those sites are scam but the owner of that site is only biased . is this guy trusted > https://bitcointalk.org/index.php?action=profile;u=874254 . see for yourself  .
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April 21, 2021, 05:40:03 AM
 #16


there is more to trust a casino that has license thru curacao though than having no license at all. as long as the casino hasn't shown its scam intentions and no negative reputation here in bitcointalk, it's still good to play there. game-protect on the other hand had been accused by casino owners/players already to have been preying victims of casino scams. why you have been using that game-protect link there is very fishy.

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April 21, 2021, 05:53:10 AM
 #17

Hello friends,

I'm shocked  Shocked about the number of crypto casinos using the same gaming license from Curacao! Please take a look at this post: https://game-protect.com/curacao-license-scam/

They are scam or not? Can we play safe  and withdrawal our winnings or not?

What do you think about?
Thank you.

Have a nice day!


Why should a casino who owns a licence be directly a scam? To be honest I would be more concerned with a casino if they had no licence at all. For online casinos they can freely choose where to relocate their headquarters and which licences to buy. As far as I am aware the annual cost for a gambling licence in Curacao is fairly cheap. You can get one for less than 10,000 USD.
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April 21, 2021, 06:02:17 AM
 #18

A lot of good crypto gambling site that is licensed under the Curacao government because they have an easy regulation but it doesn't mean that all licensed gambling site is good and safe to play, that's why you still have to do your own research before you gamble on any site. I'm not sure with the list but I saw a lot of reputable gambling site on that list, and so far they are running smoothly here in the market.

it was stated that all gambling sites listed are scam  but of course thats a lie because not all of those sites are scam but the owner of that site is only biased . is this guy trusted > https://bitcointalk.org/index.php?action=profile;u=874254 . see for yourself  .
Now i doubt on the legitimacy of the list.  Huh

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April 21, 2021, 06:24:20 AM
 #19

As far as I remember this game-protect was also a user only bashing trusted casinos and offering some imaginary legal advice to people being scammed from these casinos.Not a single word from him or his website is to be trusted.

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April 21, 2021, 06:51:27 AM
 #20

What's the credibility of gameprotect here in the forum? I remember he's just spreading false accusation so I don't think the list of supposed license scam is legit and can be trusted.

I've played on most of the crypto casinos on the list, and I never experience any problem with them. If there's a Curacao license scam then those for sure, those are small time gambling site, so better not to deal with them and only play on the top options when it comes to crypto gambling.

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