Licenses and Casino reputation

[Ojima-ojo]

Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.

Boss i pay less attention to cassino's license because, licensing does not eliminate the chances of getting scammed out fhe ceo making an exit scam in players, and just like i have observed and discovered, license is nothinf to favor the players.

But the casino have everything to benefit from Licensing because that is what give them the right of operation and the certificate of operation helps them to get legal standing and right.

[blockman]

Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.

Boss i pay less attention to cassino's license because, licensing does not eliminate the chances of getting scammed out fhe ceo making an exit scam in players, and just like i have observed and discovered, license is nothinf to favor the players.

But the casino have everything to benefit from Licensing because that is what give them the right of operation and the certificate of operation helps them to get legal standing and right.

You're right, I've just said that even there's a license, they're not exempted from scamming people. Because there are gamblers that have a standard only to believe in a casino if there's a license.
But they shouldn't just limit themselves into it because whether a casino has or doesn't have a license, you still need to be aware of that possibility specially if it's a new or random casino that doesn't have a reputation yet.

[Oshosondy]

Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.

It is better to follow a trustworthy casinos, I have some trustworthy ones that I do follow. Or going for a better one on this forum, there has been many new trustworthy casinos and other gambling sites on this forum, but you will know how good they would be when they start, especially through signature campaign. Example is livecasino that started this year, it was clear that they are going to be a good casino and not a surprise anymore when the casino has been a good online casino.

The truth is that to obtain a license is not easy, but that should not be the only the criteria to choose a gambling site, you should make further research about the casino, especially of the customers that have complained on social media, forums and rating sites about the gambling site, how the issues are solved and if it is worth it to trust and use the gambling site.

Like me, the first thing I do check about gambling site is their license, if not having a license, I am not using.

[goaldigger]

Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.

If they have a legit license then you can easily sue them since you have their information submitted to Curacao so they can get the license. Many gamblers prefer to gamble on a licensed site for the security purposes but of course that doesn’t guarantee that a site will be goo always, sometimes they will experience some issues as well but as long as they continue to solve it, that site can still be good just don’t put too much money on any site if you are not confident about it.

[AmoreJaz]

Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.

It is better to follow a trustworthy casinos, I have some trustworthy ones that I do follow. Or going for a better one on this forum, there has been many new trustworthy casinos and other gambling sites on this forum, but you will know how good they would be when they start, especially through signature campaign. Example is livecasino that started this year, it was clear that they are going to be a good casino and not a surprise anymore when the casino has been a good online casino.

The truth is that to obtain a license is not easy, but that should not be the only the criteria to choose a gambling site, you should make further research about the casino, especially of the customers that have complained on social media, forums and rating sites about the gambling site, how the issues are solved and if it is worth it to trust and use the gambling site.

Like me, the first thing I do check about gambling site is their license, if not having a license, I am not using.

gambling license is not the only important factor why you are choosing a casino to play with. but having a license gives the player a bit of peace that the casino is not a fly-by-night casino. because if the casino has taken the step to get their business licensed, it means, they are serious running their business. but we all know that it is not only the license that we need to look out when playing on their site. a much better way is to search if they have existing complaints or issues and reading the validity of those complaints. feedbacks from other players would also help you gauge the status of the casino.

[crzy]

Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.

Having a licensed is not a guaranteed safe site, there are still some site before that ended up a scam site even if they have the license either its a fake license or they failed at all. Curacao license seems to be the easiest license to get and that’s why most of the site have the same license to operate. Don’t know if they monitor every site under their license but I hope they can held them liable if something bad happened to the site.

[Viscore]

The curacao license only makes them look good on paper and it's a way for them to avoid taking other complicated licenses, they're mainly for the convenience of the casinos.

For us gamblers, there's no benefit in playing in a licensed casino that's why most gamblers always look for feedback coming from the players, and whenever there's an issue that's always one-sided other gamblers try to look for alternatives to solving their case like for example reaching out to a mediator like AskGamblers.

Having a curacao license is the most sensible choice. But definitely, the benefits are mostly on the casino side. However, seeing casinos with license is just one thing only to consider when gambling, but the very important thing we always look up and consider is the feedbacks and reviews that are not totally paid. Casinos which are responsible not only for their own benefits, but mainly for the gamblers. And those reviews are very helpful for gamblers because it will help them to decide whether to gamble or not to gamble with this particular site.

[blockman]

Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.

It is better to follow a trustworthy casinos, I have some trustworthy ones that I do follow. Or going for a better one on this forum, there has been many new trustworthy casinos and other gambling sites on this forum, but you will know how good they would be when they start, especially through signature campaign. Example is livecasino that started this year, it was clear that they are going to be a good casino and not a surprise anymore when the casino has been a good online casino.

The truth is that to obtain a license is not easy, but that should not be the only the criteria to choose a gambling site, you should make further research about the casino, especially of the customers that have complained on social media, forums and rating sites about the gambling site, how the issues are solved and if it is worth it to trust and use the gambling site.

Like me, the first thing I do check about gambling site is their license, if not having a license, I am not using.

Yeah, even I, I'll also follow the reputable and trustworthy casino. They are for sure licensed and at the same time has already been known and built for it.
The trust from the community is important but you'll also see that these reputable casinos are compliant to the rules that they're following.

Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.

If they have a legit license then you can easily sue them since you have their information submitted to Curacao so they can get the license. Many gamblers prefer to gamble on a licensed site for the security purposes but of course that doesn’t guarantee that a site will be goo always, sometimes they will experience some issues as well but as long as they continue to solve it, that site can still be good just don’t put too much money on any site if you are not confident about it.

There's this secured feeling that a gambler is in for a casino that has a license or registered locally. That's what most gamblers want but there are also gamblers that are okay to try what they want to play and that's it. It's like for testing and thrill.

Even some casinos have licenses, they're not exempted of being a scam. Especially those that have tokens and investment options like putting it on their bankroll.
You really have to be vigilant against them because you'll never know that they just made them look good through a license but their bad intention is still there.

Having a licensed is not a guaranteed safe site, there are still some site before that ended up a scam site even if they have the license either its a fake license or they failed at all. Curacao license seems to be the easiest license to get and that’s why most of the site have the same license to operate. Don’t know if they monitor every site under their license but I hope they can held them liable if something bad happened to the site.

It is what I'm telling.
The scammers and those that have no-good intentions can apply for that and make their casino legitimate and good just for the attraction and then they'll reveal the real them afterwards.

[Slow death]

Scam gambling sites, as I see, won't bother to apply for any license.

there are many scam casinos that have a license, I do not understand how these guys from the government of curacao work but from what I see the casinos do not put the real names of their owners when dealing with a license, maybe what they put is the name of a company that is in that country where they are easy to create a company without having too much bureaucracy, because when a scammer creates a casino and days later he steals money from all customers he is not afraid that people will report him in curacao so that means that the scammers know very well that in curacao there is no data on it

let's see an example of hyip/ponzi sites, they all have a uk license, so I think that casinos also have this type of license similar to what hyip site scammers can have in the uk, if we had some guy who has already run one casino and have a license in curacao could you better explain the whole process to have a license in curacao

[drwhobox]

Simply put, a license is essential to running a legitimate business. A valid license will undoubtedly make the process of running a gambling website easier.
Curacao gambling license is open to everyone. Taxes are minimal, licensing is quick, and licenses are cheap. Gamblers who play online casinos are not safe with that license. If a casino wants to scam its customer, it can do so with or without a license.

The curacao license only makes them look good on paper and it's a way for them to avoid taking other complicated licenses, they're mainly for the convenience of the casinos.

Yes, it is. They don't serve any real purpose for players or customers of casinos.

[bitcampaign]

There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

For me, seeing the license is the order that is not the most prioritized, usually I prefer to choose a casino that is full of gamblers so it's easier to get a jackpot or win, because a lot of money circulating in a casino will make it easier to win compared to playing in a casino that looks empty of gamblers

[coin-investor]

What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino;

Licenses are proof that they passed the criteria to operate as a casino they submitted their basic info and their capability to operate, but when it comes to helping gamblers with its issue if it's only a few hundred or thousands these licenses are useless

especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.

There's nothing more like creating a scam report with all your proofs attach and if the casino operator can't address the issue then their reputation is tarnished and will be a reference on how the casino address issues.

[Scripture]

Tbh I doubt Curacao lisenced gambling platforms will take care of users in case of something happens, they simply make everything formal like pay and get your lisence. Easy as it sounds, check Reddit gambling pages and they will tell you same thing since it is all about money and you can't sue company if something goes wrong.  It is completely different case for Malta lisenced casinos, they have strictly regulated so they have to follow guidelines for every user. Comparison is useless at this point, Curacao can't be choice if you look for lisenced casino.

If they are just into the money, then that license should be invalidated right away.
Having that license means the government is in control and they regulate those casinos, so if they cannot give any assurance for the gamblers then that license is useless at all. Most of the casinos have their own Curacao license, probably its the prefer of many site.

[uneng]

Tbh I doubt Curacao lisenced gambling platforms will take care of users in case of something happens, they simply make everything formal like pay and get your lisence. Easy as it sounds, check Reddit gambling pages and they will tell you same thing since it is all about money and you can't sue company if something goes wrong.  It is completely different case for Malta lisenced casinos, they have strictly regulated so they have to follow guidelines for every user. Comparison is useless at this point, Curacao can't be choice if you look for lisenced casino.

It's true. We can find different specialists and gamblers on the internet saying Curacao's license doesn't include their participation in disputes between the casinos and gamblers, in case the casino refuses to pay or takes too long to pay. That is why some countries don't allow their citizens to play at Curacao licensed casinos, such as USA, UK, Germany and Netherlands.

Curacao license is great for casinos' entrepreneurs to start their businesses, since it gives them complete advantages, like low costs plus fees and fast acquisition. But for gamblers there aren't advantages, as far as I know.

[danherbias07]

Licenses are like business permits, which means they do exist and will be punishable by law if ever they tried to scam anyone or are proven guilty of not paying up whatever is supposed to be paid.
Depends on where their headquarters is and how the law works there. I don't think they will give out licenses to those who just exist on the internet with no headquarters for they could vanish in thin air. One popular example is the Binance issue before.
Reputation on the other hand is something different, it's something that must be earned.

[Wexnident]

The Curacao license is afaik the easiest license an online gambling casino can get, which means scammy casinos can also get their hands on it rather easily. Not to say that it doesn't have its own rep, it at the very least gives a bit more (like seriously, a little bit) in terms of reputation compared to non-licensed ones. I've played in some of them, but I played because of the rep of the casino itself, and not the rep that the license brought to it, so I suggest you do the same if you were looking out for Curacao-licensed casinos.

Not that I know much about other types of licenses though. I've mostly only seen (or searched) about Curacao after all.

[Don Pedro Dinero]

I will bring here a quote from another thread that I think is relevant:

See freebitco.in they don't deal with FIAT or stable coins and they don't do any KYC. They don't have any licenses too.

It is that simple to get rid of KYC:

Do no license

Do no FIAT

There are more and more licensed casinos, mostly from Curaçao, and more and more KYC, at least theoretically as stated in the ToS.

But for many years casinos operated well without licences and KYC. I understand that the trend in the industry has been more due to international pressures than something done willingly.

Reputation on the other hand is something different, it's something that must be earned.

This. For the reputation of a casino, I rely more on what I see commented on this forum than on a Curaçao licence, because it is no guarantee of good operation.

[knowngunman]

License is just a paper that proves a company is well recognized and can operate. It does not guarantee any form of legitimacy. A company can pay money to be licensed and still scam its customers and nothing will happen and the organization that grants them license can not be hold responsible but they can only seize their license. Suing such companies is just a waste of resources considering the money and times you'll spend in the process.

[_act_]

License is just a paper that proves a company is well recognized and can operate. It does not guarantee any form of legitimacy.

Having a license still helps gamblers to know that a gambling site may not be a scam gambling site, unlike a gambling site that has just opened and not having a license. Having a license is one if the means you will know if to learn more about a gambling site to know if to use it or not. The money used to obtain a license is not small at all and scammers will not be able to risk it to obtain a license.

A company can pay money to be licensed and still scam its customers and nothing will happen and the organization that grants them license can not be hold responsible but they can only seize their license. Suing such companies is just a waste of resources considering the money and times you'll spend in the process.

I have not experienced this before, but just that some users can also can even do not follow a gambling site terms of service and accuse the gambling site of scam.

[Fundamentals Of]

Most crypto casinos are licensed in Curacao because of the simple reason that it is easy and cheap to secure one from there. Many would say that a Curacao license does not amount to a guarantee that a casino would be operating fairly and properly, but I think that's better than no license at all. So it is still better to confirm if they really have a license.

But in case you get robbed by a casino registered in Curacao and you're playing from somewhere far away, would you really be starting a formal complaint against the casino with Curacao authorities? And if you do, would you expect the gambling authorities in Curacao to really run after the casino? I doubt it.