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Author Topic: Curacao license scam  (Read 706 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.

R


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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.

R


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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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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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April 21, 2021, 08:28:17 AM
 #21

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!


Don't look at it as a valid proof for you to believe that the casino is good because they have license since even if they acquired that still we didn't know how long they last since as you said many are created just for scam purposes only, many scammers know how big the market of online casino and if they spot a whales depositing a huge amount of money they will start the crime and turn scam. Better go to those establish already since their reputation is more important rather than doing some nonsense here.

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April 21, 2021, 09:07:26 AM
 #22

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

What do you think about?
^ Actually, Curacao has the right to give a license to platforms but the license could not guarantee that security that the licensee will be operating 100% legal. Meaning to say that, it still gonna be up to the licensee if they want to do a scam but still, they will be liable if they are found guilty. Second, Curacao has opportunities with a regulatory, they can legally grant license but they are lack with a regulatory process such as monitoring. Provide a set of paperwork, notarize it and make it legal, pay the fees and registration bills, then you have your license. Can you imagine how risky that business is?
Nevertheless, on the other side, it depends on the reputation of the gambling platform not just on a license they had.
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April 21, 2021, 10:19:54 AM
 #23

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

What do you think about?
I guess there are safe since they are regulated.
Curacao License isn’t a scam, it’s just that it is the easiest place you can get your license done by simply passing papers and paying fees. This has been tackled since day one. Having a Curacao License doesn’t tell that a gambling platform is a scam as well. It still depends on the operator if they would want to scam.

But honestly, the gambling sites that have shrunk out of nowhere and scammed people were the platforms on which they lack knowledge in the gambling process and they lose, they had no choice but to shut down as they can't meet the operation expenses already.

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April 21, 2021, 01:10:06 PM
 #24

Curacao license is better than no license and many solid betting websites like Sportsbet, Stake and Betnomi have it.
Agree with this opinion.

Anyway, this may give a bit more clear answer:
Quote
Are Curacao Online Casinos Scam?
There is no clear-cut answer to that question. Obtaining a Curacao license is relatively easy, but the easier it is to get a license, the less value it has. Nevertheless, a Curacao license is better than no license at all. At the same time, the lax regulations enabled some sub-par casinos to acquire licenses and ruin the regulator’s reputation.
Source.

The Curacao license is just showing that they are serious with the business, but by no means used to judge whether the casino is a scam. You need to look beyond the signboard and delve into the store.

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April 21, 2021, 01:38:10 PM
 #25

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!


Not necessarily every casino is scam. There are many reputable  crypto casinos operating in the market who are Curacao licensed. So holding a Curacao license doesn't make them a scam casino operator. 

Curacao is mainly a heaven for casino licensing. It is easier to get a Curacao license than to operate from anywhere else. That's why we are seeing so many casinos are under Curacao license. It's just business and a method to keep the overhead cost lower!

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April 21, 2021, 01:47:08 PM
 #26

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.

But he is gone now, no more bashers of the gambling sites now.  Grin

The Curabao License is very popular, I'm not sure but I guess this is the easiest license provider since most crypto gambling sites are getting license from this provider. I guess license is not really a big deal here, most of us look on the reputation of the casino more than the kind of license.

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April 21, 2021, 02:08:18 PM
 #27

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.
But he is gone now, no more bashers of the gambling sites now.  Grin
The Curabao License is very popular, I'm not sure but I guess this is the easiest license provider since most crypto gambling sites are getting license from this provider. I guess license is not really a big deal here, most of us look on the reputation of the casino more than the kind of license.
dont be sure because he can come back with another account.
 when i check the gambling board i can find a topic of complains that is created by a newbie . they can be game protect but bashes are not enough if without concrete evidence .
 many casino that are licensed from curacao but are not published here in bitcointalk but i can trust a casino that came from here with good trust rating and not by the license .
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April 21, 2021, 02:22:22 PM
 #28

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.

I also don't believe in what Game protect are posting on their website because the owner of the site has a bad reputation here in Bitcointalk, we have no proof that license coming from Curacao are not good what game protect have posted are those using fake curacao license, it adds credibility on the gambling site if the gambling site has gambling license, some of the most stable and highly reputable gambling sites have gambling license coming from Curacao displayed on their homepage.


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April 21, 2021, 03:02:40 PM
 #29

I dont care about it at all to be honest, Licenses has nothing to do with reputation.
IMO it is just an additional plus point for casino to have the license.
As gambler, I have not experienced any uses from the license. Means that it gives me no benefits as a gambler.
I will only use this forum when it comes to crypto gambling and I will never consider to play on casino just because of license.

Being more specific to the linked article, that's a BS from GP.
A person or perhaps a group of some people who tried to attack almost all existing casinos.
lastly, do not even use gameprotect website!

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April 21, 2021, 03:04:08 PM
 #30

We all know that having a license for gambling sites is an advantage since it gives assurance and security for users. It builds a strong foundation of trust and reputation. As for me, it's easier to get a license in Curacao that's why most sites are using the same license. However, if you're having doubts about a certain site, then look for reputable casinos that are on top of the list.
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April 21, 2021, 04:18:38 PM
 #31

Many casinos obtain a Curacao license as it is one of the easiest ways to obtain a license for all gambling activities in a very short time compared to obtaining a license in other countries. As far as I know Curacao has very low taxation fees so most gambling venues are keen to get this license.

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April 21, 2021, 04:48:21 PM
 #32

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

What do you think about?
I can't really say all curacao licensed places are a scam, but I can say that it also does nothing at all. Sure you are giving very detailed information about the business but you could fake that, just hire someone to be the fall guy, pay them well, and then whatever happens it will be that person in trouble and that is it. This is why I think it is not going to be that much in trouble, it is going to be quite risky and we would really need something much more trustworthy.

This is why I gamble on casinos I trust, been there for years, and I can just gamble without care, that way you do not need a license, some places I gamble do not even have licenses, and I still like them, the point is that they should earn your trust, if you are not sure, if you doubt, then curacao should not be enough to convince you otherwise and get you to actually gamble there.
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April 21, 2021, 05:06:39 PM
 #33

Many casinos obtain a Curacao license as it is one of the easiest ways to obtain a license for all gambling activities in a very short time compared to obtaining a license in other countries. As far as I know Curacao has very low taxation fees so most gambling venues are keen to get this license.

Not just the fees but applying license from Curacao is less complicated compare to other jurisdictions. The cost is also convenient. They are also crypto-friendly. But with that, there's also a chance that some will take advantage of it - gaining user's trust then will turn into sh*t someday.

Bottom line, while there are lots of benefits to being a licensed gambling site, it's not a basis that the site won't turn into a scam one someday. That's why always be vigilant and careful at those new gambling sites having a Curacao license. Not saying it will turn into a scam but we should see "something" about them that they are here for only legal business and operation and not anything else.

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April 21, 2021, 05:12:48 PM
 #34

~snip~

I don't think the likelihood of a gambling site going bust depends on the licence obtained. If a casino founder knows in advance that his gambling site at some point in time will cease to exist, along with user deposits, it is much easier to use the Costa Rican license, as it is almost twice cheaper than the Curacao license.

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April 21, 2021, 06:33:09 PM
 #35

As I see the site says the mentioned casinos are scammers because:

Quote
1) It is prohibited to transfer the 1668/JAZ, 365/JAZ, 5536/JAZ and 8048/JAZ license to other operators.

2) Key conditions of the usage right contract like under its supervision or responsibility are not fulfilled!
Interesting that second point's *key conditions* aren't even explained. What are these conditions, what isn't exactly being fulfilled? Hard to comment without further information.

Quote
Many Curacao license scam operators also do not enforce applicable AML / KYC laws and regulations.
Lol, if a casino doesn't enforce their players to show identity, does it make the casino a scammer for this reason too?

The casinos mentioned on the site's list are many, and some of them definitelly aren't scammers, as they promote their brands in this forum and don't have a negative reputation. In fact it's quite the opposite.
It looks like casinos are being called scammers because they don't fully follow bureaucracy witch is common outside crypto decentralized universe.

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April 21, 2021, 07:15:04 PM
 #36

In my experience, Curacao license is definitely better than no license at all. These operators at least tried to get some kind of a license instead of operating without any overseeing authorities. Sure, Curacao license is cheaper and has fewer requirements than getting approved in the UK, Sweden, and Germany soon. However, there are many reliable casino brands that work with this license for years and have a huge fan base. Sure, there may be some bad stories and experiences. But I would definitely think twice before categorizing all Curacao casinos as untrustworthy because that's just not true.

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April 21, 2021, 07:18:37 PM
 #37

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!

You can choose your privacy or security but there are lot of gambling websites with curacao license become the most reputed crypto casinos and sportbooks but few others with other license have to ask the KYC details from their customers then this will make lot of gamblers to go less regulated casinos.









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April 22, 2021, 05:27:45 AM
 #38

As gambler, I have not experienced any uses from the license. Means that it gives me no benefits as a gambler.
I will only use this forum when it comes to crypto gambling and I will never consider to play on casino just because of license.
Yea, that's because most crypto gambling sites use Curacao license, no benefit for gamble. But a proper license, especially on land casinos, means they will close the shop if the regulator finds something wrong. Thus, customers feel safe playing there. For online casinos, MGA license carries more weight than Curacao.

Anyway, game-protect.com is more scammy than the scam sites mentioned in there.

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April 22, 2021, 06:05:45 AM
 #39

Sometimes gambling platform owners choose to use the same logic to operate, that does not make them scam. The reasons a Curacao license is preferred e.g. government regulation/policy, taxes, and privacy 🔐.

So you can call it a scam until you have reason and proof to do so.

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April 22, 2021, 07:39:02 AM
 #40

This reminds me of an old thread that covered the same topic about casino licenses since they're commonly found in most crypto casinos.

I agree with what notblox said as well, once you've tried so many sites and notice that most of them have the same license you'll eventually realize that the license isn't the best way to measure their reputation. Just because they're easy to get doesn't mean it's a scam, if you try to picture yourself in the shoes of a crypto casino owner you'd probably do the same.

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April 22, 2021, 11:55:38 AM
 #41

Sometimes gambling platform owners choose to use the same logic to operate, that does not make them scam. The reasons a Curacao license is preferred e.g. government regulation/policy, taxes, and privacy 🔐.

So you can call it a scam until you have reason and proof to do so.

That's right. There are many reputable casinos in the forum that has Curacao license also. Though it is easier to acquire, sometimes it is considered one step ahead if you have a gambling license especially for newcomers. For those that don't have, it means, they earn their credibility thru time. And a lot of them here don't have their respective license. So whether you have curacao license or not, it is how you manage to operate in this gambling business. And only time will test your credibility in this gambling business.
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April 22, 2021, 01:11:20 PM
 #42

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!


They aren't safe the fact that they are using a fake Curacao license, if you are active in gaming and gambling and you only want to play in a legit and licensed gambling site, better check their license if it is genuine, a reputable gambling site will not use a fake Curacao license, whatever effort to make their site reputable will go to waste once they found out that they are using a fake Curacao license

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April 23, 2021, 02:32:30 AM
Last edit: April 23, 2021, 02:56:37 AM by ralle14
 #43

a reputable gambling site will not use a fake Curacao license, whatever effort to make their site reputable will go to waste once they found out that they are using a fake Curacao license
I doubt that their efforts would go to waste just because they have a curacao license, if you check most of the reputable casinos around here in the forum they also have these license.

Sure there are better license out there but to discredit the reputation of most casinos is an exaggeration, a lot of crypto casinos back then didn't have a license.

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April 23, 2021, 03:49:50 AM
 #44

a reputable gambling site will not use a fake Curacao license, whatever effort to make their site reputable will go to waste once they found out that they are using a fake Curacao license
I doubt that their efforts would go to waste just because they have a curacao license, if you check most of the reputable casinos around here in the forum they also have these license.

Sure there are better license out there but to discredit the reputation of most casinos is an exaggeration, a lot of crypto casinos back then didn't have a license.

I guess coin-investor refers to gambling sites with fake Curacao license when he/she said that there are sites which are not safe to play on. I think coin-investor does not refer to gambling sites with genuine Curacao license.

A casino's reliability is not to be judged on where its license is obtained. It is understandable for a gambling site to seek a place where circumstances are favorable. Curacao, with its cheap and fast licensing processes and a mere 2% tax on the gambling site's net profit, seems to be the perfect place.

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April 23, 2021, 06:03:59 AM
 #45

a reputable gambling site will not use a fake Curacao license, whatever effort to make their site reputable will go to waste once they found out that they are using a fake Curacao license
I doubt that their efforts would go to waste just because they have a curacao license, if you check most of the reputable casinos around here in the forum they also have these license.

Sure there are better license out there but to discredit the reputation of most casinos is an exaggeration, a lot of crypto casinos back then didn't have a license.

I guess coin-investor refers to gambling sites with fake Curacao license when he/she said that there are sites which are not safe to play on. I think coin-investor does not refer to gambling sites with genuine Curacao license.

A casino's reliability is not to be judged on where its license is obtained. It is understandable for a gambling site to seek a place where circumstances are favorable. Curacao, with its cheap and fast licensing processes and a mere 2% tax on the gambling site's net profit, seems to be the perfect place.

Definitely, because if we say that Curacao License is scam, then it's only tantamount to saying that this country is corrupt. Gambling sites will get their license to the provider that they think will not give them a hard time and that they will maximize their profit, so we can understand why most of the crypto casinos here are getting license from Curacao.

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April 23, 2021, 07:07:08 PM
 #46

a reputable gambling site will not use a fake Curacao license, whatever effort to make their site reputable will go to waste once they found out that they are using a fake Curacao license
I doubt that their efforts would go to waste just because they have a curacao license, if you check most of the reputable casinos around here in the forum they also have these license.

Sure there are better license out there but to discredit the reputation of most casinos is an exaggeration, a lot of crypto casinos back then didn't have a license.

I guess coin-investor refers to gambling sites with fake Curacao license when he/she said that there are sites which are not safe to play on. I think coin-investor does not refer to gambling sites with genuine Curacao license.

A casino's reliability is not to be judged on where its license is obtained. It is understandable for a gambling site to seek a place where circumstances are favorable. Curacao, with its cheap and fast licensing processes and a mere 2% tax on the gambling site's net profit, seems to be the perfect place.

Definitely, because if we say that Curacao License is scam, then it's only tantamount to saying that this country is corrupt. Gambling sites will get their license to the provider that they think will not give them a hard time and that they will maximize their profit, so we can understand why most of the crypto casinos here are getting license from Curacao.

imo, there's no problem using a curacao license. what has been presented by the OP are those sites using fake curacao license. also, whether you have an authentic curacao license or not, your reputation still depends on how you manage the casino. and that will take time before you can earn your credibility from the gambling community.
true, there are better gambling licenses than curacao, but we cant deny the fact that it is the go-to license of most casinos because it is quite easy to acquire. but you will only be tested by time. and the reviews and feedbacks from the players are also equally important, because that will affect if you can gain or sustain players in the long run.

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April 23, 2021, 07:31:39 PM
 #47

a reputable gambling site will not use a fake Curacao license, whatever effort to make their site reputable will go to waste once they found out that they are using a fake Curacao license
I doubt that their efforts would go to waste just because they have a curacao license, if you check most of the reputable casinos around here in the forum they also have these license.

Sure there are better license out there but to discredit the reputation of most casinos is an exaggeration, a lot of crypto casinos back then didn't have a license.

I guess coin-investor refers to gambling sites with fake Curacao license when he/she said that there are sites which are not safe to play on. I think coin-investor does not refer to gambling sites with genuine Curacao license.

A casino's reliability is not to be judged on where its license is obtained. It is understandable for a gambling site to seek a place where circumstances are favorable. Curacao, with its cheap and fast licensing processes and a mere 2% tax on the gambling site's net profit, seems to be the perfect place.

Definitely, because if we say that Curacao License is scam, then it's only tantamount to saying that this country is corrupt. Gambling sites will get their license to the provider that they think will not give them a hard time and that they will maximize their profit, so we can understand why most of the crypto casinos here are getting license from Curacao.

imo, there's no problem using a curacao license. what has been presented by the OP are those sites using fake curacao license. also, whether you have an authentic curacao license or not, your reputation still depends on how you manage the casino. and that will take time before you can earn your credibility from the gambling community.
true, there are better gambling licenses than curacao, but we cant deny the fact that it is the go-to license of most casinos because it is quite easy to acquire. but you will only be tested by time. and the reviews and feedbacks from the players are also equally important, because that will affect if you can gain or sustain players in the long run.
Agree into that word about on how you do handle up the casino because license isnt really an assurance that a certain platform wont really turn out to be a scam.
Gaining reputation and trust isnt something that can be acquired in a short span of time thats why getting your own license if its to be real wont really be enough
but at least people do make out to have some trust when they do saw a certain site does able to secure or comply one.

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April 23, 2021, 07:37:44 PM
 #48

I don't know why anyone would reference something close to reliable when it comes to that website.
You know that user was perma-banned from using alt accounts and shitposting on the forums for several sites using this license.
I am suspecting this is the same account registering on the site so to put forward so to continue their agenda on campaign swearing these sites on the forums further.

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April 23, 2021, 08:04:15 PM
Merited by Bitcasino.io Support (1)
 #49

Many Bitcoin sites have licenses through Curacao due to the fact that you cannot obtain most other licenses if you accept cryptocurrency deposits and withdrawals. Also, FWIW, Curacao does a good job protecting the player and any time there has been a complaint to them about us, we have had to prove justification of the resolution. Thanks and best of luck to all!

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April 23, 2021, 08:07:23 PM
 #50

I don't know why anyone would reference something close to reliable when it comes to that website.
You know that user was perma-banned from using alt accounts and shitposting on the forums for several sites using this license.
I am suspecting this is the same account registering on the site so to put forward so to continue their agenda on campaign swearing these sites on the forums further.
Furthermore, game-protect was a count and a trust abuser I wouldn't forget how he trash my trust page. That site review from the OP isn't a reliable one and not to be taken seriously and I hope that will be permabanned as well for evading his ban.
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April 23, 2021, 08:18:52 PM
 #51

So @OP, you think that all the websites using Curacao license are scam? I don't think so, because I've been playing since long time on many websites which possess a Curacao gaming license and I've never had any problems withdrawing from those gambling websites. I guess that you need to experience it yourself before calling out such websites as scam as it may impact on their business due to your unethical comments about their license.

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April 23, 2021, 09:24:13 PM
 #52

So @OP, you think that all the websites using Curacao license are scam? I don't think so, because I've been playing since long time on many websites which possess a Curacao gaming license and I've never had any problems withdrawing from those gambling websites. I guess that you need to experience it yourself before calling out such websites as scam as it may impact on their business due to your unethical comments about their license.
OP was maybe a bit doubtful, but he never concluded anything that it's a scam based on his post, but the title is very misleading.
Here's his question.

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

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April 23, 2021, 09:37:58 PM
 #53

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?

Typical offshore situation for companies which is located there. The sharing licenses, "owners", addresses and so on. If you didn't know, there primary license market there and secondary  Grin (at least this was described in article about "investing" companies). So you should better be a little more attentive to such "project". If they don't have money even for their own offshore license, then how you can be sure that they will not take your money for themselves?  Sad

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April 23, 2021, 10:41:45 PM
 #54

No extensive explanation as to why they are labeled as 'scam'. Besides, I have played in some of the casinos that are listed on the site you gave and I had no problems withdrawing, depositing, or even winning/losing games so far. I don't think the problem is with the sites that use Curacao license, as it is what is readily available and in some cases cheaper and much accessible, I think the problem is with Curacao themselves, and the licensing parameters they impose.
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April 23, 2021, 11:17:24 PM
 #55

This reminds me of an old thread that covered the same topic about casino licenses since they're commonly found in most crypto casinos.

I agree with what notblox said as well, once you've tried so many sites and notice that most of them have the same license you'll eventually realize that the license isn't the best way to measure their reputation. Just because they're easy to get doesn't mean it's a scam, if you try to picture yourself in the shoes of a crypto casino owner you'd probably do the same.
And yet many are asking about the license for a new gambling site, it's as if the most important parameters for a new gambling site to be accepted in the community, the license is just one, reputation and credibility are two of the most important factors, a gambling site can exist without a license as long as they are paying and fair to their players and will not be an issue to old-time gamblers, it's the new gamblers that are asking it.
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April 25, 2021, 11:43:57 AM
 #56

In my opinion, it is like the Cayman Islands for gambling sites or the Panama of shipping industry. Companies will everything to avoid the regulations that would cripple their business because it is too expensive and they deal with governments that has very little intervention and regulation. Anything that would save these companies money they will surely welcome themselves going to deal with Cayman or Panama or in this case, Curacao.

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May 16, 2021, 04:05:55 AM
 #57

Don't take it as a guarantee that the casino you play at is legit.

It's sort of like ponzi schemes (HYIPs as they were called back in the day) registering a company in the UK for a couple of bucks. It provides absolutely no legal protection and is honestly just there for show and lull users into a false sense of security.

If you think that the Curacao government/regulators would actually do anything if there was to be a dispute between you and the casino, you are sadly mistaken. Licenses are easily attainable with much more lax regulations to attract companies to establish themselves there. Although there are legit sites that do hold a license, that's for sure, it's just not a guarantee.
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May 16, 2021, 09:43:45 AM
 #58

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!


If a gambling site is engaged to this, where he used a faked license to deceive their players, then we should not trust this kind of gambling site, a good gambling site should use a true gambling license, big players should check if the gambling site that they are playing are using a legit gambling site or they will end getting scam, only scammers are using fake license.
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May 24, 2021, 11:31:39 AM
 #59

The licensing from Curacao is considered as an added trust to that particular gambling site. Just because they hold Curacao license doesn't mean that particular site won't get into scamming. The article gives a big list of gambling sites, but among them trusted service providers were also available. Right now there are Universities that provide certification, only thing we need to do is pay the required amount. Same as that these licensing authorities will also do it for money.
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May 24, 2021, 12:39:10 PM
 #60

If you can find it, try to locate a licensing agency in Curacao and check to them directly to confirm the claim of the website that they do have a license in Curacao, you can claim anything on the Internet so you have to be careful.

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May 29, 2021, 11:43:29 PM
Last edit: May 30, 2021, 10:13:22 AM by Saint-loup
 #61

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!
Unfortunately the article is very short, even shorter than the list of gambling sites accused actually.
It doesn't explain how the Gambling license system works precisely in Curacao, why those licenses have been transferred and why the Curacaoan authorities don't do anything against that if it's prohibited.
Moreover the article doesn't show any evidence of what it claims. A statement from a Curaçaoan legal expert or the Curaçaoan authorities wouldn't be superfluous.

Quote
Curacao license scam 1668/JAZ, 365/JAZ, 5536/JAZ, 8048/JAZ
Many casinos and sportsbooks operating under the 1668/JAZ, 365/JAZ, 5536/JAZ or 8084/JAZ Curacao license scam operate illegal! Why?

1) It is prohibited to transfer the 1668/JAZ, 365/JAZ, 5536/JAZ and 8048/JAZ license to other operators.

2) Key conditions of the usage right contract like under its supervision or responsibility are not fulfilled!

Many Curacao license scam operators also do not enforce applicable AML / KYC laws and regulations.

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May 29, 2021, 11:48:12 PM
 #62

The licensing from Curacao is considered as an added trust to that particular gambling site. Just because they hold Curacao license doesn't mean that particular site won't get into scamming. The article gives a big list of gambling sites, but among them trusted service providers were also available. Right now there are Universities that provide certification, only thing we need to do is pay the required amount. Same as that these licensing authorities will also do it for money.

Gambling license is one way to check if the site is legit is not. But there are other ways to check if the site is dubious or not. Check the reviews like from trustpilot and other review sites. If you are not satisfied, you can test it on your own, and use small funds. You will know if the site will scam you once you actually experience it. But having Curacao license is not the only way to check the legitimacy of the casino. Everyone can basically claim they have one.
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May 30, 2021, 08:39:06 AM
 #63

Gambling license is one way to check if the site is legit is not. But there are other ways to check if the site is dubious or not. Check the reviews like from trustpilot and other review sites. If you are not satisfied, you can test it on your own, and use small funds. You will know if the site will scam you once you actually experience it. But having Curacao license is not the only way to check the legitimacy of the casino. Everyone can basically claim they have one.
I reckon this idea.

It's the first step that the casino is serious with their business but it's true that it doesn't mean they own it, they won't play unfairly.

Those steps that has been mentioned can be done to check the legitimacy of a casino if you don't trust such a license even if it's coming from Curacao.



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May 30, 2021, 10:02:34 AM
 #64

License is good but reputation and good reviews are much better, the first thing I want to know on a new gambling site is their reputation and if there are no complaints or scam reports, this is for me the first sign if the site is worth playing, some gambling sites are faking their license and they can still scam you even if they have a legitimate license.
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May 30, 2021, 10:44:29 AM
 #65

Gambling license is one way to check if the site is legit is not. But there are other ways to check if the site is dubious or not. Check the reviews like from trustpilot and other review sites. If you are not satisfied, you can test it on your own, and use small funds. You will know if the site will scam you once you actually experience it. But having Curacao license is not the only way to check the legitimacy of the casino. Everyone can basically claim they have one.
I reckon this idea.

It's the first step that the casino is serious with their business but it's true that it doesn't mean they own it, they won't play unfairly.

Those steps that has been mentioned can be done to check the legitimacy of a casino if you don't trust such a license even if it's coming from Curacao.
Well, a license can easily be bought, so I don't think it means that the owner is serious with his business automatically when he buys a license. More like he's prepared to either scam the hell out of his customers or start-up his casino business. Also, I don't think just anyone can claim they have a Curacao license, casino sites have the logo of Curacao that automatically directs you to the license that has the details for the license of that casino, which pretty much proves the site owns that license.

R


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May 30, 2021, 11:09:00 AM
 #66

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 an alt of the Banned account Game-protect? if not then best to look about that account first before listening to what ever that man told you or even his site.

The man is scammer and he has tons of issue here that unanswered before he got banned so stop it.


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May 30, 2021, 12:22:27 PM
 #67



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!

One of the biggest challenges faces by online casino operators is the fear of been given conditions they can't live-up to by regulatory agencies in that note most of this sites gets their license from sources that tend to be more flexible not minding if their customers kyc and investment are safe or not. For now I can't say how true this information is until I have has a deep research on this before I can come to a concrete conclusion on the matter for now I would say it's good to created the awereness it's now open to us to make our own findings
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May 30, 2021, 12:37:04 PM
 #68

License is good but reputation and good reviews are much better, the first thing I want to know on a new gambling site is their reputation and if there are no complaints or scam reports, this is for me the first sign if the site is worth playing, some gambling sites are faking their license and they can still scam you even if they have a legitimate license.
It's easy to get a license actually, but it's hard to build a reputation.
That's why gamblers value more reputation because a license can easily be obtained if you are a legit person who passed all the requirements for your business.

We should not be surprise that there are an increasing number of casinos in the space bu only few of them have really survive, that is because gamblers stayed on a site that has a good reputation, and we can look some of that sites in our forum.

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May 30, 2021, 12:42:00 PM
 #69

License is good but reputation and good reviews are much better, the first thing I want to know on a new gambling site is their reputation and if there are no complaints or scam reports, this is for me the first sign if the site is worth playing, some gambling sites are faking their license and they can still scam you even if they have a legitimate license.
Indeed, its more on the reputation and build trust to users. Whats the sense of having a legit license if the site is not trustworthy and likely to become scam? Sure the license has an impact to trust the site but it doesnt guarantee a positive outcome, its just one of the factors to say if the gambling site can be trusted or not.

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May 30, 2021, 12:51:13 PM
 #70

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.

Still I would prefer to play in a licensed casino when compared to an unlicensed one. For the purpose of license, they at least need to reveal the identity of the promoters, right? So in case if some of the promoters vanish with our hard earned money, then we will be able to track him, and recover the amount. In case of unlicensed businesses, none of this information will be available and by the time we trace the identities of the promoters, the money will be gone. But then, there is always a possibility of using fake documents to get the license.
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May 30, 2021, 12:59:07 PM
 #71

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.

Still I would prefer to play in a licensed casino when compared to an unlicensed one. For the purpose of license, they at least need to reveal the identity of the promoters, right? So in case if some of the promoters vanish with our hard earned money, then we will be able to track him, and recover the amount. In case of unlicensed businesses, none of this information will be available and by the time we trace the identities of the promoters, the money will be gone. But then, there is always a possibility of using fake documents to get the license.
Yep. However your funds on that casino is still not guaranteed to be safe and away from being scammed even though they have their licensed. But IMO, it is still better to play on those casino that has liscense. There are casinos though, that do not have liscense but are doing better than those that has them. They are those that will thrive and get trust from the community. They will soon get their liscense as they are just starting.

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May 30, 2021, 03:57:12 PM
 #72

License is good but reputation and good reviews are much better, the first thing I want to know on a new gambling site is their reputation and if there are no complaints or scam reports, this is for me the first sign if the site is worth playing, some gambling sites are faking their license and they can still scam you even if they have a legitimate license.
Indeed, its more on the reputation and build trust to users. Whats the sense of having a legit license if the site is not trustworthy and likely to become scam? Sure the license has an impact to trust the site but it doesnt guarantee a positive outcome, its just one of the factors to say if the gambling site can be trusted or not.
If the casino can get good reputations, have good reviews, and lastly, the casino have a license, it will make them be one of the top casinos, and that casino will have many members that will like to spend their money on that casino. Gamblers will not worry about scam because that casino will not ruin their reputations by making that mistake.

If a casino does not have a license, maybe that will be a matter of time because if they care about their business, they will search for that license to convince their members. Maybe getting a license itself needs time to get accepted so we can wait for that while we can play on the site trying to build their reputations.

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May 30, 2021, 04:31:07 PM
 #73

It's easy to get a license actually, but it's hard to build a reputation.
That's why gamblers value more reputation because a license can easily be obtained if you are a legit person who passed all the requirements for your business.

We should not be surprise that there are an increasing number of casinos in the space bu only few of them have really survive, that is because gamblers stayed on a site that has a good reputation, and we can look some of that sites in our forum.
I believe there could be a place without ANY license and still be loved more than a place that gets a license directly from the top 10 nations presidents hand written. I am not even joking, you can get the biggest 10 nations presidents all sit down and sign a paper that says this website is legit and that website could still not be liked too much, would be very difficult to be hated when you get something like that done Cheesy but it's possible.

But the more realistic thing that happens is that; a place gets curacao license and usually sucks, whereas another place ends up with zero license but it is known so much and loved so much that they get to be gambled a lot more. That's why I believe licenses worth nothing and kept telling that same thing all the time, people just do not care about it at all. Hopefully people will check reputation like you said instead of license from now on.
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May 30, 2021, 05:39:12 PM
 #74

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.

There are actually some casinos that I know about here. They are trying to invade tax which is equally wrong. The casinos are all operated by the same company which is trying to split the bills. Which is really not good. Will they be charged with it tho?

This needs to be taken into consideration and at the same time people would have to stay away from these companies. If they are not able to afford a seperate license then they should not be in this business.

Just consider these casinos a scam even if it's proven or not. It's better to be safe than sorry.

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May 31, 2021, 12:00:47 PM
 #75

Gambling license is one way to check if the site is legit is not. But there are other ways to check if the site is dubious or not. Check the reviews like from trustpilot and other review sites. If you are not satisfied, you can test it on your own, and use small funds. You will know if the site will scam you once you actually experience it. But having Curacao license is not the only way to check the legitimacy of the casino. Everyone can basically claim they have one.
I reckon this idea.

It's the first step that the casino is serious with their business but it's true that it doesn't mean they own it, they won't play unfairly.

Those steps that has been mentioned can be done to check the legitimacy of a casino if you don't trust such a license even if it's coming from Curacao.
Well, a license can easily be bought, so I don't think it means that the owner is serious with his business automatically when he buys a license. More like he's prepared to either scam the hell out of his customers or start-up his casino business. Also, I don't think just anyone can claim they have a Curacao license, casino sites have the logo of Curacao that automatically directs you to the license that has the details for the license of that casino, which pretty much proves the site owns that license.
As am saying, it's just the first step with their business.
 
But that's not all of the factors that one can rely on for telling that a casino is legit. It can be bought by anyone who also has the bad intention and uses their casino for doing bad to others.

It happens for real.



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May 31, 2021, 01:43:40 PM
 #76

License is good but reputation and good reviews are much better, the first thing I want to know on a new gambling site is their reputation and if there are no complaints or scam reports, this is for me the first sign if the site is worth playing, some gambling sites are faking their license and they can still scam you even if they have a legitimate license.
Requirements of license by the casinos is just a basic step for running your centralized casino to ensure the safety of funds user has deposited on the casino.You need to pay fees for license which is not a big issue but you also comes under supervision of regulatory authority which is main highlight of this.But still many casino with license have fooled people.You need to have a proper check of your own because funds are yours not someone's else so be on safe side at first basis and read all the reviews.The new casino in the market needs some time to build reputation which can be through promotional activities, providing bonuses and easy deposit and withdrawal facility along with 2FA and have trust of players.

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May 31, 2021, 05:57:22 PM
 #77

Yep. However your funds on that casino is still not guaranteed to be safe and away from being scammed even though they have their licensed. But IMO, it is still better to play on those casino that has liscense. There are casinos though, that do not have liscense but are doing better than those that has them. They are those that will thrive and get trust from the community. They will soon get their liscense as they are just starting.

I agree with this. From my limited knowledge of the subject, I would say that licensed casinos may be more safer, when compared to those without a license. But still, it is easy for these people to steal money and then escape to some island nation which will not extradite them to the country where they committed the crime. For example, India is still trying to get criminals such as Vijay Mallya and Mehul Choksey extradited, with hardly any success for many years now. US has muscle power and force these small nations to extradite the suspects they need. But that may not be the case with other countries.
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May 31, 2021, 06:11:07 PM
 #78

All gambling sites can be a scam if the owner of that certain site don't want to continue anymore he can surely disappear without any trace but if that certain gambling site is regulated and the owner is well known then authorities can sure help a certain individual who was scam by that gambling site,

This is not particularly new in my opinion certain license scam will still be a possibility even today and I think that the license standard in Curacao is certainly weak meaning almost any gambling sites and establishment can get a license and the drawback on this would be the establishment of well-known or reputable gambling establishment and site's will have a bad reputation and people would certainly have trust issues.
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May 31, 2021, 08:40:21 PM
 #79

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?


One of the main reasons for any institution to go for a license like this is so they can hide behind the anonymity it gives them while pretending to look official. It's explicitly flaunted to people who think that a gaming license from any location requires the company to be vetted and certified, except only the bare minimum is done and it is primarily seen as an easy income stream for the Curacao government. There have been many dodgy companies over the years who abuse this and it does little to give gamblers any protection which you might expect. Quite simply the regulator is already overwhelmed by complaints, it has few resources to investigate them all properly and rarely takes any action against operators - most of which are located far from this country which has little power to shut them down either.

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June 01, 2021, 12:58:16 PM
 #80

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?


One of the main reasons for any institution to go for a license like this is so they can hide behind the anonymity it gives them while pretending to look official. It's explicitly flaunted to people who think that a gaming license from any location requires the company to be vetted and certified, except only the bare minimum is done and it is primarily seen as an easy income stream for the Curacao government. There have been many dodgy companies over the years who abuse this and it does little to give gamblers any protection which you might expect. Quite simply the regulator is already overwhelmed by complaints, it has few resources to investigate them all properly and rarely takes any action against operators - most of which are located far from this country which has little power to shut them down either.

Do we have some crypto casinos already that were punish due to scamming?

How reliable this Curacao license? are they really due diligence before granting a license to the casino applicants?
That's the question that needs to be answered, because if they do their job and there are casinos punish for scamming, then they are reliable.

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June 01, 2021, 01:18:21 PM
 #81

All gambling sites can be a scam if the owner of that certain site don't want to continue anymore he can surely disappear without any trace but if that certain gambling site is regulated and the owner is well known then authorities can sure help a certain individual who was scam by that gambling site,

This is not particularly new in my opinion certain license scam will still be a possibility even today and I think that the license standard in Curacao is certainly weak meaning almost any gambling sites and establishment can get a license and the drawback on this would be the establishment of well-known or reputable gambling establishment and site's will have a bad reputation and people would certainly have trust issues.
If a gambling site quits with a process, it isn't a scam, that's preposterous to all gambling sites that are legitimate and that they are one step from becoming a scam website just because they discontinued their services. Obviously it is isn't new, this has been used by swindlers to trick would be businessman into buying the fake license without the hassle of paperwork.
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June 02, 2021, 03:45:27 AM
 #82

Do we have some crypto casinos already that were punish due to scamming?

How reliable this Curacao license? are they really due diligence before granting a license to the casino applicants?
That's the question that needs to be answered, because if they do their job and there are casinos punish for scamming, then they are reliable.

If the perpetrators move to a different country, then I don't expect a small island nation such as Curaçao to have the diplomatic influence to force the extradition. And in all probability, the Curaçao authorities don't care. The victims belong to various foreign nations, and as long as the locals are not conned, the authorities will remain cold to the investigation. The only precaution we can take is to limit our participation to gambling sites that have a good reputation. Don't get fooled by generous promotional offers from shady sites.

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June 02, 2021, 04:00:13 AM
 #83

If the perpetrators move to a different country, then I don't expect a small island nation such as Curaçao to have the diplomatic influence to force the extradition. And in all probability, the Curaçao authorities don't care. The victims belong to various foreign nations, and as long as the locals are not conned, the authorities will remain cold to the investigation. The only precaution we can take is to limit our participation to gambling sites that have a good reputation. Don't get fooled by generous promotional offers from shady sites.
Did a bit of research and it seems like any dispute about the user and the casino is outside the jurisdiction of Curacao. It's not that it's ignored, but rather it's just straight up outside of their decision making, they just give you a license and talk about the money, but that's it.

Quote
However, if you face an issue with a casino that is a Curacao licensee, you cannot expect the gambling regulator to take a stance on the matter. You will have to resolve the situation on your own and get in touch with the casino management. If your attempts turn fruitless, you can submit the case to the Curacao Licensing Board. You also have to present the communication you had with casino’s officials and explain the reason why you think you have been unfairly treated.
You even have to go straight up to the higher-ups just to talk about it, kind of a pain in the ass so might as well just go for other casinos tbh. Plus, I don't think local authorities would even care, even if their citizens are scammed. The license only operates on countries that allows gambling and most scams are pretty much the own of ones self. Ofc, if it were to grow into a big case, then that's a different issue.

R


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June 02, 2021, 06:25:48 AM
 #84

License is good but reputation and good reviews are much better, the first thing I want to know on a new gambling site is their reputation and if there are no complaints or scam reports, this is for me the first sign if the site is worth playing, some gambling sites are faking their license and they can still scam you even if they have a legitimate license.
But if you put it in a second priority, that means that even if it's illegal as long as people are talking about it in a good term then you will play there? What if it plans to do an exit scam and that they are just letting a good show, I think license should be a priority too. Also, you can always find telltale signs if a gambling site is going to scam their customers.
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June 02, 2021, 07:54:39 AM
 #85

License is good but reputation and good reviews are much better, the first thing I want to know on a new gambling site is their reputation and if there are no complaints or scam reports, this is for me the first sign if the site is worth playing, some gambling sites are faking their license and they can still scam you even if they have a legitimate license.
But if you put it in a second priority, that means that even if it's illegal as long as people are talking about it in a good term then you will play there? What if it plans to do an exit scam and that they are just letting a good show, I think license should be a priority too. Also, you can always find telltale signs if a gambling site is going to scam their customers.
If that gambling site is new but already has good reviews, maybe that is normal if that site does not have a license because they will try to get the license. They will prove to their members that the gambling site is legal because reputations really mean for them.

But if that is an old gambling site but do not have a license and has many good reviews, we still need to be careful because we do not know what will happen later. If you are too afraid of getting scam by the unlicensed gambling site, you do not have to try to play on that site, even if that site has many good reviews.

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June 02, 2021, 08:03:17 AM
 #86

~
If that gambling site is new but already has good reviews, maybe that is normal if that site does not have a license because they will try to get the license. They will prove to their members that the gambling site is legal because reputations really mean for them.

But if that is an old gambling site but do not have a license and has many good reviews, we still need to be careful because we do not know what will happen later. If you are too afraid of getting scam by the unlicensed gambling site, you do not have to try to play on that site, even if that site has many good reviews.
Shouldn't you get your license first before opening your business? I don't think that online gambling or any online businesses for that matter is going to be exempted from that thing. If there is a reason to be afraid then you should probably not play on it because your gut is telling you that something isn't right.
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June 02, 2021, 08:46:35 AM
 #87

As usual, a good strategy is to go to the usual well known outlets. Also, those who advertise on this forum have a good incentive to be honest and fair as there is a possibility of opening a reputation thread, which does not happen with other on-line casinos. A platform that has signatures campaigns for example will be shut down if a number o people start complaining and also the managers and participants are staking their reputation in a way, so at least you got something more than a "licence from curacao" to trust.

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June 02, 2021, 02:26:32 PM
 #88

~
If that gambling site is new but already has good reviews, maybe that is normal if that site does not have a license because they will try to get the license. They will prove to their members that the gambling site is legal because reputations really mean for them.

But if that is an old gambling site but do not have a license and has many good reviews, we still need to be careful because we do not know what will happen later. If you are too afraid of getting scam by the unlicensed gambling site, you do not have to try to play on that site, even if that site has many good reviews.
Shouldn't you get your license first before opening your business? I don't think that online gambling or any online businesses for that matter is going to be exempted from that thing. If there is a reason to be afraid then you should probably not play on it because your gut is telling you that something isn't right.
It is better to have a license before opening the business, but we already see that sometimes, a new gambling site does not have a license and they invite a beta-tester to test and check their site. And as time goes, they will think about having a license, and they will register their site to get a license. That is what the gambling site owner will do if he really cares about his business in the gambling. Yes, it will better trust our feeling if we are not sure about the gambling site and search for the other sites.

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June 03, 2021, 04:20:04 AM
 #89

License is good but reputation and good reviews are much better, the first thing I want to know on a new gambling site is their reputation and if there are no complaints or scam reports, this is for me the first sign if the site is worth playing, some gambling sites are faking their license and they can still scam you even if they have a legitimate license.
But if you put it in a second priority, that means that even if it's illegal as long as people are talking about it in a good term then you will play there? What if it plans to do an exit scam and that they are just letting a good show, I think license should be a priority too. Also, you can always find telltale signs if a gambling site is going to scam their customers.

From the previous replies, it looks as if a license is not going to prevent the scams in a big way. The screening system in Curaçao is not prefect and it doesn't prevent scamsters from getting a license. Curaçao authorities either doesn't have the resources to verify the information, or they are not interested in doing that. As user smyslov posted, a legitimate license from Curaçao doesn't guarantee that the promoters won't scam the clients. Better to limit our gambling activity to trusted and reputed sites.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
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June 03, 2021, 06:37:07 AM
 #90

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.

That's right I think curacao license is pretty standard. It's better than who don't have license at all. Sportsbet, stake, betnomi are known sports betting website here in the forum who has a curacao license also Bitsler and fortunejack have a curacao license too. Still depends on which website you are playing but having a curacao license gives me and probably other users confidence that the website we are playing are safe.
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