Curacao license scam

[Taskford]

Hello friends,

I'm 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.

[DoublerHunter]

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.

[ReiMomo]

~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.

[mu_enrico]

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:

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.

[avikz]

Hello friends,

I'm 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!

[Botnake]

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. 

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.

[imstillthebest]

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.  
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 .

[robelneo]

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.

[panjul07]

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!

[Cling18]

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.

[madnessteat]

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.

[RealMalatesta]

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.

[harizen]

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.

[madnessteat]

~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.

[uneng]

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

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.

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.

[Goodluckmate.com]

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.

[jrrsparkles]

Hello friends,

I'm 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.

[mu_enrico]

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.

[MrcMrc]

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.

[ralle14]

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.