License: is it a guarantee?

[Lida93]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

[1715418010]

1715418010

[1715418010]

1715418010

[Cantsay]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

No, it’s not a guarantee.

Take 1xbit.com for example, it is a licensed casino but that did not prevent them from their scammy activities and the same goes for other casinos that have being labeled as a scam in this forum but yet have acquired their license.

[Hispo]

I personally do not think it is a guarantee, like 100% safe, but it would certainly help for us to avoid getting or ways crossed with shady casinos or casinos with suddenly engage in shady activity.
It does not take to look too back in history to realize that a very trusted casino with years of operation could easily defraud their gamblers and take their funds without saying anything.
One must take in mind that licenses are pretty much a document or digital Registration which is issued in a centralized way, and hence it is possible to fake or somehow corrupt the issuer of those licenses.

Even though some good license helps, I would say it is a complement to what are the most important things for a casino: track record, liquidy, provably fair games and active number of gamblers.

[Oshosondy]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

A casino having license is a more step towards that the casino is not belonging to scammers. To obtain a license, you need to pay huge amount of money. Also before you can be given, you will make sure that the service you want to provide to people is of standard so that you can be given the license. Unlike unlicensed casinos that scammers can easily clone a legit site and use it for their dubious activities.

[Rruchi man]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

It is no guarantee.

A casino may change management without your knowledge and the license obtained by the previous owners is passed to the new owners who you may never know their intentions.

A license in some countries can also be illegally obtained with enough money to bribe the officials that issue the license.

[Dr.Bitcoin_Strange]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

The licences that those casinos acquire is what permits them to run as a legally developed casino. The license gives them permission of Operation but that doesn't mean they can't scam customers, but if they do and it is being detected, then they will be at risk of paying fine or shorting down if any legal case is file against them.

[acroman08]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

while it means that the casino has been given the right to operate legally after passing the requirements needed to get the license, it does not guarantee that the casino will not scam its gamblers. from what I remember being here in the forum, there have been some casinos that had a license but ended up scamming their gamblers. this is also why it is important not to easily trust a casino just because it has a license.

[Slow death]

in my opinion the license is only for the US government not to come and learn the casino and confiscate people's funds claiming that the casino operates without a license and does money laundering, funny that licenses are not issued by the US government, they are issued Curacao government, the US government has a lot of rules and that's why they don't give licenses to online casinos, but from what I see they are not tough when the casino has a Curacao license and is not dealing with US citizens or is not causing problems like don't ask for kyc. So it is important to have a license, just for regulatory reasons. the government of curacao doesn't care if the casino respects customers or not, the government of curacao doesn't care about scammers

From what I see, the Curacao government only grants licenses and then forgets who they gave the license to. I've never seen anyone say that the government of Curacao has punished a scam casino and the owner of the scam casino. But if it were the USA or the European Union that issued the license, then we wouldn't see scammers creating casinos and disappearing. By this I mean that scammers know very well that the license does not harm them if they steal. That's why everyone, when we choose a casino, we shouldn't look at the license as if that would make the casino trustworthy, the license should be in the casino due to regulatory issues, but people should do investigations about the casino to know if the casino is a scam or no

[serveria.com]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Definitely not. There were cases of scammers using gambling licences from countries like Curacao. I'm not an expert I'm not sure how hard is it to acquire such a license or how much it costs, but check any casino reviews website and there are horror stories of scam casinos with Curacao license so it's probably worth it. 

[Kemarit]

As others have said, it's not a guarantee, and I can say that it's not that expensive to get a Curacao License to start your online gambling site.



https://gbo-licensing.com/curacao-gaming-license-fees/

I mean this business involves millions of dollars I reckon to start, and so paying like $10,000 or more as gambling license is that small. And it's easily be accomplished and even it's annual and recurrent charges are not that big.

So maybe those who obtain licenses and then becoming a scam? they could have made that money already.

[Mr.suevie]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

I guess it can be a two way thing because a licensed casino is what verifies the casino legality to some extent while unlicensed casino can be a copy cat of the original site used by scammers to defraud gamblers and in the other hand the casino can be licensed and still fall short in terms of meeting the needs of their customers due to many case scenario that might warrant gambler or reviews to actually tag the casino as a scam site.

[uneng]

No, it’s not a guarantee.

Take 1xbit.com for example, it is a licensed casino but that did not prevent them from their scammy activities and the same goes for other casinos that have being labeled as a scam in this forum but yet have acquired their license.

Yes, that is true. And the opposite is also possible. As an example we have freebitco.in, which operated without a license for many years, but never got involved in any scam scandals. I believe it has more to do with the intentions of the people behind the website than formalities and regulations imposed by authorities. When people want to act in shady manners, they will do it somehow, even if in order to do that they have to find gaps on regulatory frameworks, while someone who is willing to work in a legit and honest way will do it, even if there isn't any authority or coercitive force to impose rules on him.

History and reputation of the casino are more important than licenses. Licenses can be acquired and purchased at anytime, while reputation can only be built brick by brick along years of history, dedication, effort and transparency. That is what gamblers should pay attention to when choosing a casino where to play.

[cabron]

As others have said, it's not a guarantee, and I can say that it's not that expensive to get a Curacao License to start your online gambling site.



https://gbo-licensing.com/curacao-gaming-license-fees/

I mean this business involves millions of dollars I reckon to start, and so paying like $10,000 or more as gambling license is that small. And it's easily be accomplished and even it's annual and recurrent charges are not that big.

So maybe those who obtain licenses and then becoming a scam? they could have made that money already.

$10K would be small if they are up to pull a bigger scam. Just today, the scam accusation of a casino with a license from Curacao was brought up again and this casino had not replied back to the accusation. The casino operated for years though and I remember playing baccarat in this one. Couldnt believe they were very pro at that time.

We just can't say whether a casino is a scam until it becomes one. That is one reason not to trust one or put all your gambling funds in one casino, you can't just tell they could just do it when they decide they got enough.

[Fortify]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

It's definitely not a guarantee that a casino isn't a scam, however it makes it less likely. There's such a big variety of license offerings out there, you need to analyze each one and understand the positives that it brings. Some are simply a rubber stamp type operation, where you pay a fee (generally once a year) and you can call yourself "licensed". However that is the lowest rung and the most likely target of scammers, that are looking to abuse the supposed trust that a regulator is meant to bring. However there are better jurisdictions, that cost more to use but will be a little bit better at holding casinos to account (requiring them to answer complaints adequately) and do more vetting behind the scenes on people the company registers as representatives.

[alastantiger]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Having a license as a casino is like having an address as a human being or a social security number. That is something that identifies you. For the casino, scams are still carried out by even licensed casinos but then the regulators or the authorities know that this is a legal business and would know how to mete out the punishment if need be. This is just one perspective.

[MainIbem]

License or not they can still scam their bettor or player and link it to their ToS because I don't see any reason of using a licensed casino and yet still face difficulties of withdraw or deposits, there are lots casinos that are licensed yet whenever you visit the site you would witness a hardship over there. License is an operating authority of power to carry out such service and there will be no need to operate underway without having to go through the legal way, that is to say licensed casino are those casinos that are legally operated but doesn't mean people won't undergo hard time over the process of using the platform.

[Nwada001]

Being licenced most of the time is one of the fastest means to scam customers. They use the licence to buy the gambler's mind, and they will deal with them with their scam scheme under their noses. If you check most casinos that have been tagged as scammed, some of them have legitimate licences from reputable bodies that give casinos the go-ahead.
 
Sometimes they fake licences just for them to be in the means of legitimate gambling businesses operating, and another thing about licences is that now a fake team can be used to get a licence, and when something bad like a scam happens, no one is held accountable for it.
 
A licence, if it's legit, can only reduce the amount of scam that the casino will carry on, as they would want their licence to be withdrawn if serious allegations are being raised against them, but that doesn't prove 100% that they can be scam-free; one just needs to make their own investigation into the areas they want to verify before they move ahead and gamble at any casino.

[dothebeats]

Having a license on a casino does not guarantee that they will not scam other people. It's just a proof that they are allowed to operate their activities. They can still scam other people and be lost without a trace. With a lot of people getting their identities stolen by fraudulent entitie, it's not impossible that these licenses are registered with fake identities leading to other people. So yeah, even if a casino has a license to operate, never put 100% of your trust to them at all.

[CryptoHeadlineNews]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Though licensing may not guarantee if will a casino scam it's customers or not, but at least it gives room to whichever customer whose right has been violated to take legal action against the casino and finally has his/her case fully handled by whichever body said to be regulating such casino. However, licensing gives gamblers a step forward to knowing which casino likely to have lesser risk for gambling and which not for, where they can have easily have access to both fast deposit & withdrawal, which has always  been one major problem people always have with online casinos.

[Wiwo]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward?

Let me be forward and straight with you mate, the majority of us,  don't even check the license of the casinos we are using and we play there based on the trust we already have in them and since they haven't disappointed,  but we sure that they have the licenses renewed yearly since it is implemented in the terms and conditions.

So with that,  many have felt relaxed and never taken the issue of licensing seriously,  some times it is even at the point of KYC that you get to discover that there are some differences in the licensing origins from the AML demands.

[alani123]

There are certain licenses that are very easy to acquire actually and consequently don't mean all that much when it comes to the platform with the said license following any certain set of rules very strictly.

Of course, some license is better than nothing, as it means that the casino at least would care to spend a little to improve their image. But don't expect guarantees.
This is precisely the reason that if I want to bet a substantial amount I look at a casino's longstanding history and interaction with the community. Frankly these are much more valuable to a good casino operator and they would care much more to maintain their good trust instead of just being ruled by a state authority.

So really for me bitcointalk is one of the best tests, even higher than state casino licenses.

[livingfree]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

IMHO, it's like the first step to see that the casino is serious with their business. Acquiring some licenses can be easy or not, as long as they do the initiative then you can put a check on your very first factor.

But that doesn't mean that it should be your sole basis whether they're a scam or not. It is a process that you'll have to check other factors depending on how you determine whether they're good or bad.

Typically, many gamblers look at it as something that makes them comfortable at their first glance. But that's just them and you can have additional factors or more of it to decide to trust them or not.

[Oilacris]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Its never been a guarantee and its not a solid indication that a site wont really be ending up scamming. We do know that there are licenses which are cheap and easy to acquire.
Somehow, if you do see a platform or company which are licensed then it would be normal that you would really be having that kind of impression that it is really legit compared to those who dont have
but we know that there are still some casinos which doesnt have licensed as of this moment but still included into the most trustable sites or platforms that we do have in the market today.
This is why it would be always better that if you do really just that simply stick into those reputable sites rather than on making big deposits into those new ones. If you do like
to test out waters then it would really be your choice because not every new platform are scam, it cant really be just that avoided that people would really be that skeptical.

[AmoreJaz]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Its never been a guarantee and its not a solid indication that a site wont really be ending up scamming. We do know that there are licenses which are cheap and easy to acquire.
Somehow, if you do see a platform or company which are licensed then it would be normal that you would really be having that kind of impression that it is really legit compared to those who dont have
but we know that there are still some casinos which doesnt have licensed as of this moment but still included into the most trustable sites or platforms that we do have in the market today.
This is why it would be always better that if you do really just that simply stick into those reputable sites rather than on making big deposits into those new ones. If you do like
to test out waters then it would really be your choice because not every new platform are scam, it cant really be just that avoided that people would really be that skeptical.

that is true, not ever an assurance that you won't get duped even from licensed casinos. though it is good to play on licensed ones, but much better if they also have good reputation among gamblers. thus, this forum alone can give you better insights which ones are worth your time and money.

do remember that casinos with license can still make some wrongful doings because not all complainants have the capacity to pursue a lawsuit. but what the complainant can do is they can spread negative reviews/feedbacks in forums, blog sites and the likes. however, the site can easily claim that the accusation is not valid for violating some of their terms. so yeah, finding loopholes not to address the situation in the right manner.

[Cryptomultiplier]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

A license serves some function that may include making the business legal and suseptible to regulations and regulatory policies.
If any licensed business or casino in this case, goes further to be fraudulent in its dealings with its customers, the customers can sue such a business to court or report them to the regulatory agencies and thus, such casino may have its license revoked or suspended with fines or prison terms.

It is of no guarantee therefore, that a casino with license can't scam its customers because not every employee working for the casino is innocent of such act, even if the management of such casino business means well and is honest enough.

[komisariatku]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

No, licensed casinos can still commit fraud. Additionally, in some cases, casino fraud does not apply to all users. Usually they don't pay players who get big wins. Moreover, suing a casino is also a difficult thing so even if we are cheated, we can't do anything except give a negative tag if the casino has an ANN thread on this forum.

To be safer, I prefer to play at casinos that have ANN threads on this forum, because I think it's easier to complain if we have problems at that casino.

[Assface16678]

Nope, it is not 100% certain that the casino, even if it is licenced, will not scam people or do anything bad to its customers, but the licenced casino will still recommend it, as if something happens, the authorities will know who will be punished, and they have no escape from the law as they comply with having a licence to operate.

A licenced casino is like a security for both the casino owner and its customer, so if anything goes wrong, the customer has the right to sue the casino owner, and they have leverage because the customer can retrieve its funds if something wrong happens when it comes to the money of the customer. Unlike in an unlicensed casino, you don't have leverage if something happens, and you are wasting or spending money in an uncertain establishment that could at any time have the risk of scamming their customers.

[Casdinyard]

Way back then, yeah. Gambling licenses held their weight in gold and people certainly had trust in infrastructures and casinos with licenses. Eventually the need of people to gamble overtook their sense of security, and the majority of gamblers in the modern age decided they'd just gamble with whatever casino they happen upon and hope that they don't get scammed when they play there. Of course there are consequences, but when they find out that casinos with licenses do not differ that much against those who don't. They stopped looking for it entirely.

Of course license providers are shaken by this revelation, and since they are a business, they made it a point to make it seem as if getting licenses are still a prestige, but at the same time something that even your local bet shop could earn. From there, we get casinos from god knows where advertising that they get a Curacao license, or whichever they have the guts to show for, while some fraudulent ones fake their licenses to fool people into thinking they are reputable. All in all the lowered standards for claiming a license in the gambling industry caused a massive shift where people aren't so keen to look for it anymore, and even if you do, unless you're working with a tried and tested casino, you still have a chance of happening upon a fraudulent license that would get you fucked over for you money.

[Westinhome]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Licence was not the guarantee for the money,it’s just for the guarantee of the deposited money.Because after the deposit of the money,if your money disappear in the gambling site.You can go for the legal hire for the money loss in the gambling site.But it doesn’t mean of your guarantee win in the gambling site because of the licensing.So the gamblers should take the game as the serious one and learn the game with some good intentions.So that knowledge will help them to make some money using the technique into their game.The gamblers also need to avoid the random betting into the gambling site and the greedy into the winning.

[Quidat]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

No, licensed casinos can still commit fraud. Additionally, in some cases, casino fraud does not apply to all users. Usually they don't pay players who get big wins. Moreover, suing a casino is also a difficult thing so even if we are cheated, we can't do anything except give a negative tag if the casino has an ANN thread on this forum.

To be safer, I prefer to play at casinos that have ANN threads on this forum, because I think it's easier to complain if we have problems at that casino.

The main thinking into those people who would be hearing about having license is that its 100% legit. Yes, we cant blame them on which considering that when it comes to regulation aspect
or correlated things then we can really say that they have abided into those rules but just like on everybody is saying that there would really be no assurance that they wont really be scamming users.
We've seen instances that there are licensed platforms turns out to be a scam.It might not be comparable to those who doesnt have license but you shouldnt really be that
confident when it comes to this. Also, if you are really that planning to gamble then making up some research into those reputable ones wont really be that hard.

[Darker45]

Of course, not, especially when a license is obtained from a shady jurisdiction so to speak. Curacao gambling licenses, for example, are easily given away for a certain price. It is cheap and easy to get. That's why many online casinos are going there. It is the easiest way to register an online casino.

But does the government of Curacao really make sure that every single gambling company legally registered in its territory passed a stringent screening? Does the gambling regulatory body conduct regular audits? Does the government make sure that the companies are fully accountable? I don't think so.

If a gambling casino or betting site is registered in strict jurisdictions like the US, for example, it could somehow be a guarantee.

[Yogee]

Yes it's still a means to show that they are a legitimate business but it's not the end all be all for casinos. The most important thing about having a license is that gamblers can seek legal help from these regulators in case the casino wronged their customers. Whether or not the license providers would actually help and intervene is another matter though.

[lombok]

From my personal opinion regarding licensing, I cannot guarantee that the site is free from scams. Maybe the license is based on the game being tested to be fair and suitable for general and legal play. Regarding whether it is a scam or not, this is not a guarantee, because whether it is a scam or not depends on the management.

[kotajikikox]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

No it is not, how much is required to avail license to how much they can scam players? if they are going to capitalized the amount of license and take x100 of that amount from scam victims then this is a win win situation right?
never just look about the license because criminals and scammers have dozens of ways to getaway from those events so be aware of that.

[Yatsan]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

No, it’s not a guarantee.

Take 1xbit.com for example, it is a licensed casino but that did not prevent them from their scammy activities and the same goes for other casinos that have being labeled as a scam in this forum but yet have acquired their license.

One good example. However, being a licensed gambling provider would be better than those which are not. Although there are reputable but unregistered platforms, licensed gambling sites has least chances of turning to a fraud so I will prefer it still if I would be looking for a new gambling site.

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

No it is not, how much is required to avail license to how much they can scam players? if they are going to capitalized the amount of license and take x100 of that amount from scam victims then this is a win win situation right?
never just look about the license because criminals and scammers have dozens of ways to getaway from those events so be aware of that.

Being licensed is not only on papers, it contains details of the team behind the platform which quite give assurance for us gamblers that it won't run easily from its users. Filing for a license won't cause them that much indeed but for sure gambling sites who are registered would mind the long term development of it as well as potential partnerships. Gambling sites which are popular are also earning decent amount of money which would prohibit them from running their funds off, atleast.

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

No it is not, how much is required to avail license to how much they can scam players? if they are going to capitalized the amount of license and take x100 of that amount from scam victims then this is a win win situation right?
never just look about the license because criminals and scammers have dozens of ways to getaway from those events so be aware of that.

What if a formal case is filed against them given that they're registered? This is not about gambling industry only but also with other projects and even cryptocurrencies wherein lawsuits are pushing them to comply. Also, if we would find the ratio between registered and unregistered gambling platforms, for sure the numbers won't be close to one another.

[Hispo]

From my personal opinion regarding licensing, I cannot guarantee that the site is free from scams. Maybe the license is based on the game being tested to be fair and suitable for general and legal play. Regarding whether it is a scam or not, this is not a guarantee, because whether it is a scam or not depends on the management.

I think getting a license goes quite beyond of the games which are provided in the casino and whether those are fair for both the casino and the gamblers or not. I am not an expert, but the license also implies the company behind the casino has a physical and registered address in the country where they intend to operate from and also it could have with the securing of having enough bankroll to serve a certain amount of volume. The issuer will be sure the casino has some bank accounts and the address, so the taxing can be done properly and in a shifty way.
The fact a casino would need to have some person responsible of facing the authorities is not a problem for scam and shady sites, if they can either forge documents or some member of their scam is willing to be the face of the casino before disappearing with all the money.

Licenses are not a guarantee, but in an ideal world they would, and any registered/licensed casino could not abuse of their position to dive into shady practices either, without being afraid of the law internationaly.

[Makus]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Can't say for sure cause any thing can happen, even I trusted cex can crash down, so how much more a casino that doesn't hold much from its customers. We already experience some scam games in some casino, no matter how hard you play, you never will experience any win, so it possible. Though the function of a license is to gain reputation and prove to the users of that service that, it can be trusted. But trust have been broken on several occasions and online casino isn't an exception.
I have experience some scam from 1xbet casino. I created an account and made some deposit and when I logged out and try logging in, I couldn't find on account.

[Don Pedro Dinero]

As others have said, it's not a guarantee, and I can say that it's not that expensive to get a Curacao License to start your online gambling site.

That is the problem. If we were talking about the licences required in many European countries, which are much more expensive and more difficult to obtain, the likelihood of scamming would be considerably reduced.

And on the other hand there are still a few unlicensed casinos out there and they haven't scammed anyone that I know of. In the end, running an honest business is more profitable in most cases than scamming your customers.

[Stable090]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

You shouldn’t think a gambling site is real and they will never scam you just because they have a licence. When scammers are trying to scam, they do everything possible to make people think they are so that they will be able to earn people’s trust, but at the end, they end up defrauding people, so most gambling sites will always have a licence, so don’t trust a gambling site because of a license. And some gambling sites might not have the intention of defrauding people right from the beginning, but when they start operating and maybe things don’t go as planned,  they will end up defrauding people before leaving the space.

[Hirose UK]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

A license does not provide guarantee that casino will not commit fraud in the future but at least if the casino has license it is clear that they already have permission to operate in this gambling industry and of course it provides series of confidence that the licensed casino will definitely prioritize their development.
In contrast to casinos that do not have license, it is more likely for fraud to occur because every casino that is truly well developed and has long term existence must have operated under the license from the start.

For example, you can see that all the big casinos that have developed well and have high reputation and trust definitely have an official license.

For new casinos, perhaps license cannot be used as benchmark that they will develop well and can be relied on.
But my advice is to always be careful with new casinos even though they already have license and prioritize getting reputable casino that is clearly large and well developed to become favorite place.
That way, the possibility of fraud can be minimized.

[BABY SHOES]

Yes it's still a means to show that they are a legitimate business but it's not the end all be all for casinos. The most important thing about having a license is that gamblers can seek legal help from these regulators in case the casino wronged their customers. Whether or not the license providers would actually help and intervene is another matter though.

License as a legality that is recognized by the provider, this is not about any guarantee.

We never know about customer fraud later, if the casino is honest in running a business then it will never happen, casinos also want to grow so they will definitely maintain their reputation.

To date, I don't know if any casinos have come out with a lot of customers' money?

[EluguHcman]

Every reputable gamblers wants to gamble in a reputable firm so that no dimensions would go Contrarily.
Every licenced firm is sure of legitimates and cordial coordinations to be presentations with no comprises and no Contrary. So gambling in a licensed and registered casinos would always save one with is a reasonable gambler to a moderate gambling environments and expected to operate professionally in ligns with its terms and conditions and also considering the rights and conduciveness of the gamblers.
Gambling with a licenced also guarantees gamblers to hold legal responsible of any bets gambling casinos that is to bridge the right wellness of the gambler.

I bring to you about gamblers who won #137M equivalent to $114K  who accused the gambling company of refusal to pay them their money. https://www.okay.ng/1xbet-faces-accusations-of-refusing-to-pay-n137-million-in-winnings-to-two-nigerian-bettors

It should be believed that if the gamblers actually won then they could take legal law to face with the gambling company to pay them their money following the anchors of the lotteries and gambling commissions terms.

[retreat]

A casino that has a gaming license from Curacao, UK, US, or a license from another country does not guarantee that the casino will not scam its users. But even though the license does not guarantee that the casino will not be a scam, at least the gaming license will provide security to players such as the legality of the casino's operations, fairness in the game, disputes between players and the casino, and the credibility of the casino. So that is the reason why many players prefer to play on a licensed casino platform compared to one that is not.

[Odohu]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

There are procedures involved in getting a license, the purpose of which include but not limited to making sure that the operators are clean and will not use it for illicit activities. License also make it easier to check the excesses of the operators should they decided to deviate from their modus operandi. An unlicensed casino does not put in place the legal framework through which people can seek redress should there be sharp practices that need legal interpretation. This is because even their TOS is not legally binding because their are not operating under any legal jurisdiction.

However, obtaining license does not exonerate casinos from nefarious activities, some still do even with their licenses. As a matter of fact, there have been reports of licensed casinos that cheats and undo their customers. This shows that license does not solve the whole problems.

[Hypnosis00]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Obviously no, it's just a protection for the gamblers so if they choose to go after with the casino owner/s, they will be able to file a lawsuit against them, compared to a non license casino where you aren't aware who are the people behind them. The reason for choosing a license casino over none is only to minimize the risk of getting scammed.

[piebeyb]

Not really, it seems like there are some casinos that are licensed but cheat their customers, for me the license is part number two and the first thing is the reputation of the site usually to play on the site I usually always look at the reputation first from some people on this forum not out there , because of course forum friends here might provide honest reviews and feedback compared to those out there who might do paid reviews.

In my view, a license is always synonymous with a strict casino and there are KYC regulations in it, so to differentiate between KYC and non-KYC casinos, usually just look at the site's license and it can be seen that they are sites that implement KYC regulations on their site, but that's just my view. and maybe it's different from the views of other friends here. 

[coin-investor]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

That's not true, with or without a license a casino could scam you, a license is not a guarantee that you are safe you have to always check the status of the casino you're playing, the license shows that they are compliant with the regulatory board like AMLAC, and they show seriousness in running their business because it cost money to get a license but you should not feel comfortable when playing in a casino because of the license there's a lot of casinos here who scammed their players even if their license is prominently displayed on their homepage.

I prefer to check the scam accusation here or independent casino reviewers to check the status of the casino than rely on a license, but you must also know how to weigh or check if the accusations are valid, any gambler can open an accusation but only a deep analysis can prove if the accusation will stand.

[Crypt0Gore]

No it's not guaranteed that a licensed casino won't scam but it's better to use a licensed casino that one that's not even licensed, they have the reason to steal your money simply because they are not licensed compare to the casino that's licensed.

Also those licensed casinos that scam people can still end up in trouble one day, if there is a lot of complains and reports, the law might decide to look into the case, but a unlicensed casino will freely walk away and it will be left for the users to be blamed, like why did they use a casino that's not even licensed?

To avoid all this craps, go for the most popular online casinos, or those that have good reputation, 1xbit turned scam and everyone knows about it, there is no point going into such casino to try your luck, you will definitely get scammed too, reputation speaks louder among online casinos.

[Strongkored]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

That's not a guarantee there are also licensed casinos that are also scams but because getting a license costs money at least it can prove a little that the casino is serious about the business they are developing and also prove that they have a budget because often capital is an obstacle for new casinos and think that building a casino business is like a certainty of profit and dare to start with minimal funds because they think when it is running will make payments from the profits earned but forget that getting players is not easy and there is also a chance that their players get a big profit that will lead them to difficulty paying players, so the house always wins is not 100% accurate.

[Oasisman]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Absolutely not. License is not a software that prevents a casino if they are attempting to scam their clients. It isn't even an indicator on whether or not a casino is a scam. License is a document that allows your casino to operate legally under the regulations of the authorities. However, licensed casino may not likely going to scam their clients because the authorities could easily track them down, but there are still instances where casinos will play tricks on their TOS.

[aioc]

No casino will come out here and boast that they are legit and reputable because they are a licensed casino, they have to prove that they are reputable by addressing all concerns and giving their players a good experience, a license is good but what they do and how they operate are the ones that define them that they are reputable.
Don't look at the license if you want to play at a casino look at reviews and check their TOS and privacy policy if they are deceptive any casino can scam you anytime whether they have a license or none, just be aware of the casino you're playing.

[Natsuu]

While having a license is a good sign that an online casino is legit, it doesn't mean you're totally scam-proof. Licenses set some standards, but there are still shady operators out there. To play it safe, it's smart to check out reviews and what other players are saying about a casino. Go for the ones that have a good rep and make customers happy. It's not just about the license, it's about the whole vibe of the place.

[gunhell16]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

I think it's also not a guarantee that it can still be said to be safe because if the owner of a casino is greedy for money, it will still be able to rob the gamblers who trust their platform. I have seen many such things here in the field of crypto gambling.

One of the things I saw there was 1xBit; it was considered a regulated casino, but what happened was that they still managed to cheat their client users. There are other casinos like this that also created another issue where there was a withdrawal issue. Even if no violations were committed, it is shown that there was a violation. That's what you know if other things happen.

[TopTort777]

As others have said, it's not a guarantee, and I can say that it's not that expensive to get a Curacao License to start your online gambling site.

Never thought that licenses are so cheap. Really, with millions in turnover, taking 10-20k is just unnoticeable. 10-20k - and these are expenses if a person wants to start all from the scratch. I am sure that there are already pre-made or out-of-the-box solutions. Or previously created, ready to go businesses. Turns out that license does not give any guarantees at all. I can compare it with cooper membership here. Projects buy it to look more reliable, yet can easily turn scam.

[Huppercase]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Scam is different from officially knowing a casino and by official, the company is given a green light to operate without any problem or possibility of been sued. When a casino is licensed, it means the that the government recognized them as a business enterprise with aim of serving a particular purpose and as such they will in return pay task for in the place where they are been recognize and no anyone can come for them but if the are not license and they keep operating in such place, the government can sue them for good and be force to pay them.

However, a company is licensed doesn't mean they can't scam. I have seen people one time flood a particular casino and sportsbook on Twitter for not allowing them not to withdraw money, they resolve the issue of some but there are some people that are yet to access their money because the platform claim the games they played was leak and was an insider work but people that played some of them don't even understand anything that was going on, just play and won but were denied that payment. I wonder if the government has lawyers that fight them or they are afraid that they will run and they might not get the taxes again.

[Ruttoshi]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

You can never tell who is a scammer because they will dress gorgeously and speak good English, that doesn't mean that the outlook of that scammer will change him from scamming his victims when he sees them. Likewise with a casino, a casino will have every legal right and license to operate so that they can gain the trust of people and before you know it such casino can scam their customers.

It depends on the casino operators, how transparent they choose to be with their customers, which means it depends on the individual mindset towards opening the casino. If the owner lunched his casino to scame people, that is what he will do, and if he opens the casino to allow people have fun and entertain themselves without thinking of scamming his customers, this is how the casino will operate.

I have being in this forum for some months now and most casinos are always having scam complains by forum users here, some casino solves their problem and some don't, and all of them have license from the government.

[TopTort777]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Scam is different from officially knowing a casino and by official, the company is given a green light to operate without any problem or possibility of been sued. When a casino is licensed, it means the that the government recognized them as a business enterprise with aim of serving a particular purpose and as such they will in return pay task for in the place where they are been recognize and no anyone can come for them but if the are not license and they keep operating in such place, the government can sue them for good and be force to pay them.

However, a company is licensed doesn't mean they can't scam. I have seen people one time flood a particular casino and sportsbook on Twitter for not allowing them not to withdraw money, they resolve the issue of some but there are some people that are yet to access their money because the platform claim the games they played was leak and was an insider work but people that played some of them don't even understand anything that was going on, just play and won but were denied that payment. I wonder if the government has lawyers that fight them or they are afraid that they will run and they might not get the taxes again.

That license and government recognition does not mean anything. Find 20k, find a homeless guy to register a casino on him and you are ready to scam people. Here in Europe you can register a company with 10 EUR fixed capital, pay some fees and you are ready to go to bank, open account and start money laundering (but that wont last long), or get money from creditors and go bankrupt.

First I thought that licenses cost 100k, or you have to get a license for every slot/table you have. But as Kemarit posted, 20k and you can open a new casino every day. What can government do, if casinos bank account is empty? Freeze empty account? Sue someone? I dont think they would put in jail that guy for not paying taxes (that what government will only care about).

[angrybirdy]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

For me, I think this is not a guarantee to think that we're safe, License is one of the requirements of a casino to our government to operates in a legal way, and that doesn't mean they won't fool us, Besides we don't know what their associates are doing behind the casino company. We all know that sometimes even those well known and legit gambling casinos still have problems like fraud and scams.

[khiholangkang]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

No, it’s not a guarantee.

Take 1xbit.com for example, it is a licensed casino but that did not prevent them from their scammy activities and the same goes for other casinos that have being labeled as a scam in this forum but yet have acquired their license.

In my opinion, it can be said yes or it can also be said no, even so, 1xbit is a stain on casinos that have a license because they commit fraud on many of their members.
But with a license also as confirmation that they are legal, and their casino operations are in a state place, but when talking about guarantees or not, I also do not deny it, that there are many incidents of any company when it already has a license committing fraud.

If asked whether the license is a guarantee or not, I also have the same opinion as you, namely "No", the license is only a sign that they are registered and under certain government regulations.

[Wexnident]

~

I think this has been asked quite a few times already, I remember this was asked just like a month ago or so tbf. And as I've always said before, a license, especially if it was a curacao, isn't a 100% guarantee. It's some semblance of reputation to the casino itself, but as I've researched a couple of months back about curacao, it's really bloody easy to get one to the point where it's reputability has come into question quite a few times before. Nonetheless, it's still used by major casinos hence why I think it still holds onto that semblance of legality.

You can probably choose casinos that are licensed to be safe, but do your own due research still with it as well. Don't just play on it immediately after seeing a license.

[Natalim]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

For me, I think this is not a guarantee to think that we're safe, License is one of the requirements of a casino to our government to operates in a legal way, and that doesn't mean they won't fool us, Besides we don't know what their associates are doing behind the casino company. We all know that sometimes even those well known and legit gambling casinos still have problems like fraud and scams.

That's why there's never a guarantee that a casino would not cheat us because they have the license. I think we have plenty of casinos that has a license and yet they don't have a good reputation, still they won't be able to attract gamblers. And not all license casinos does not scam their customers, some are scamming customers but customers sometimes does not puruse to file a legal action, and that's the reason why they are still operating legally.

The most important is, reputation, then License.

[ethereumhunter]

Having a license does not guarantee that a casino will not cheat its customers in the future. But if a casino has a license and can provide services that satisfy its customers, the casino will gain a good reputation over time. It can become one of the casinos that many people will recommend. But reaching a trusted casino is not easy, and it is not enough to have a license. Casinos also need to do many things, such as promotions and interactions with their customers through their threads on this forum or other forums. We as customers also have to be careful in choosing a casino because there are no guarantees for us. And to prevent bad things, we can only limit ourselves to gambling.

[Die_empty]

Having a license does not guarantee that a casino will not cheat its customers in the future. But if a casino has a license and can provide services that satisfy its customers, the casino will gain a good reputation over time. It can become one of the casinos that many people will recommend. But reaching a trusted casino is not easy, and it is not enough to have a license. Casinos also need to do many things, such as promotions and interactions with their customers through their threads on this forum or other forums. We as customers also have to be careful in choosing a casino because there are no guarantees for us. And to prevent bad things, we can only limit ourselves to gambling.

Most of the countries that license online casinos don't have control over the financial operations of these betting firms. What they do is to issue guidelines that these casinos must abide by and the casino risks losing such licences if they fail to comply with these provisions. So many casinos have lost their licence because the licensor withdrew them due to an infringement in the terms of the licence. Most of these licencing countries use this platform for mainly economic reasons. 

Some scam casinos can raise funds to get a license with the intention of defrauding gamblers. Immediately they get to the target and have covered the funds they used to set up the casino, they can close down with gamer's deposits. Licence is used for publicity because customers usually have confidence that a licenced casino is trustworthy. I will summarily state that registering with a reputable licensor is not a guarantee that a casino is reliable. We shouldn't keep large funds in the casinos and we should also do our research.       

[YOSHIE]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

As far as I know, a license is not to be used for fraud and cheating in the gambling industry. A gambling license is to have official permission from a government authority, where the online casino operating looks legal, that's a licensing point of view.

This is different from acts of fraud or cheating, generally the casinos that operate here have a license in general, but we still see negative things, whether for users or the casino itself, conclusion: the license does not guarantee you a loss, the license is only to act as a site that is officially recognized by all elements, especially users, who want to bet at a particular casino.

[Lida93]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

As far as I know, a license is not to be used for fraud and cheating in the gambling industry. A gambling license is to have official permission from a government authority, where the online casino operating looks legal, that's a licensing point of view.

This is different from acts of fraud or cheating, generally the casinos that operate here have a license in general, but we still see negative things, whether for users or the casino itself, conclusion: the license does not guarantee you a loss, the license is only to act as a site that is officially recognized by all elements, especially users, who want to bet at a particular casino.

It is not to be used for fraudulent practices against the customer's but some casinos still go on scamming their customers despite having a valid license. Some of them do it in a cloak they may not exercise these scamming act outrightly like denying customer's of making withdrawal of their winnings, it could be done through probably unfair gaming system, technically taking advantage of their customers.

The issue with the government that have led to increasing number of scamming casinos including with those that have government valid license is that the government have felt so relaxed and reluctant to act with full force of the law against these erring casinos maybe due to the huge taxes they are receiving from the gambling industry. But it's left for the gambler to safeguard himself from being victimized by making used casinos that are well known for their long time reputation in the industry and not just only base on license validity.

[knowngunman]

For me, I think this is not a guarantee to think that we're safe, License is one of the requirements of a casino to our government to operates in a legal way, and that doesn't mean they won't fool us, Besides we don't know what their associates are doing behind the casino company. We all know that sometimes even those well known and legit gambling casinos still have problems like fraud and scams.

It's not actually but in as much as license is not a guarantee that casinos are 100 percent safe, it still a positive sign after all because licenses provide some level of protection for players and the regulatory bodies have the power to revoke their license and impose fine on such casinos who engage themselves in any illegal practices. Sadly, the regulatory bodies do not care any longer because they are after the pay and as long as the casinos are complying with their payment terms, they will deaf ears to users complain and pretend to know nothing about the scam accusation.

Based on that note, license doesn't guarantee that casino is is completely safe and secured despite they are being registered and regulated by the government. Some of them are out there purposely for scams and fraud. As a player, one needs to be cautious and one important thing is to never store your funds in casinos account for a longer period.

[Apocollapse]

It's funny to see most users are replying "No, but bla bla bla etc"

I mean, it's obvious license has nothing to do with the casino's reputation and doesn't improve anything.

Some users said it's give additional security, verifiable fairness, legitimacy etc, when to obtain the license is easy, just fill the forms and pay some money, that's.

In game house fairness depends on the casino, while slots fairness depends on the gambling providers.

[Yamifoud]

Some users said it's give additional security, verifiable fairness, legitimacy etc, when to obtain the license is easy, just fill the forms and pay some money, that's.

In that case it's important to check the license providers of a certain gambling sites. I know there are plenty of license providers out there that doesn't have a good reputation, so it's one thing that has to be considered.

As a gambler, we should check if the lisence provider is reputable, and if the casino is reputable. If theses two are present, then I can say that it will help give you additional security as license provider have some standards to be followed before they'll issue a license.

[PX-Z]

It is not of course, have you seen some reputed casino who builds their reputation for how many years yet become suspicious and then scamming it's users? Scam accusation boards are lot of them especially the casino representative who has lots of negative feedback.

Even though it is not guarantee that casino will not become scam, but it still important on who and what casino you should use, although it is not bad to use unlicensed casino depends on different factors like reputation, but having a license is still very important on what to use especially if it's a new casino.

[robelneo]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Every time there's an accusation against a casino here I never ask or wonder why they scam when they have a license because it's not a guarantee that a casino will not scam, this is their seal of compliance that they can ask for KYC to their clients based on the terms on Anti Money Laundering but anytime if a casino is losing money they can scam their players and eventually shut down and those who they scam need to present their accusations on the court and some courts that the casino platforms have chosen are favoring them.

You can ask a newly launched casino about a license but you should not become comfortable that they are not going to scam because of their license, so be vigilant and take each accusation seriously, that's a hint that something bad is happening in the casino you're playing.

[Johnyz]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

This is not a guarantee but at least it can give you a peace of mind and usually the top casinos today have their license secured and that's why many gamblers preferred to gamble with them and we cannot blame them not to trust casinos without a license. Personally, I always look on their license because it shows how committed the site is especially on securing their players and proving that they are legit business and here to stay. The risk is still there so make sure not to put too much money on any casinos, better to play and withdraw all the time.

[rhomelmabini]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Well, at first if your casino doesn't have one and want the community to require that may seems legit but still that doesn't make a guarantee or even if they'll start with having one. You may have that notion that it is but it isn't a full proof that they will not scam their customers. We've seen in the past that even those who has multiple licenses will still rug and that should be taken into account to all gamblers.

[m2017]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Having a license gives a slight advantage over a casino without a license by creating the illusion of reliability. In fact, what guarantees can there be when you give your money into the other hands? Be it a casino with or without a license, and the same with exchangers, landing platforms and the like. The license will not protect you in any way if the owners of the casino decide to scam, go bankrupt (if applicable to the casino), or simply don't want to give up your money under one or another flimsy pretext (starting from passing KYC and explaining the origin of the funds).

[coupable]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

I would like to answer two points in your post:
-First, licenses can give part of the credibility to the casino, but there are other elements that must be integrated to say that this is a fair casino or not. In many cases, licensed casinos turned into scam projects, and the users did not realize that they chose the licensed casino in order not to lose their money.
Licensed casinos are subject to monitoring of their activities and legal accountability in cases of complaints. This is considered good, but not a complete guarantee.
-Secondly, it is possible to manipulate to obtain these licenses, and there are countries that have laws that grant these licenses easily to any company that wants to operate in exchange for paying taxes. These countries are like tax heavens for money launderers because in cases of complaints or suspicions, there are no legal consequences or serious accountability. That is, the issue of licenses is not evidence of any guarantee, especially since most users do not know anything about the types of licenses or how to obtain them.

[ajiz138]

It is not of course, have you seen some reputed casino who builds their reputation for how many years yet become suspicious and then scamming it's users? Scam accusation boards are lot of them especially the casino representative who has lots of negative feedback.

Even though it is not guarantee that casino will not become scam, but it still important on who and what casino you should use, although it is not bad to use unlicensed casino depends on different factors like reputation, but having a license is still very important on what to use especially if it's a new casino.

That's even many casinos have a long reputation but they ignore the suspicions raised on the accusation board even though the casino has a license, so indeed this is no accurate guarantee.

We always look at other factors especially new casinos launching in the near future, surely we as casino users will have a thorough including looking at the licenses listed, if not then we will ask why the casino does not do that as a validity including in general casinos.

[goaldigger]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

If its a physical casinos then having a license can be a guarantee that you are dealing with the legit casinos.
If its in crypto casino, there's still risk and its not guaranteed that the site will not turn into a scam because a we all know even the top exchanges can turn into a scam so the risk will always be there. Remember not to use any crypto casino as your wallet to save crypto because it is not advisable and you still have no control on that wallet.

[Litzki1990]

Online gambling casinos run the casino with valid license with KYC verification but if they want to cheat then this verification will not be much of a factor for them. If they have a plan in mind to commit fraud then they can use wrong information in their KYC verification beforehand. If KYC verification is done with wrong information and license is done with wrong information, then even if such online casinos cheat, the police will not be able to identify the real culprit. Like the risk of losing money in gambling, another thing is the risk of the casino sites cheating.

[Wapfika]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

It doesn’t guarantee that casino won’t scam but it will give you a little bit peace of mind since the casino is regulated by a licensed provider which means you have a chance to file a case and other legal once you encounter a problem compared if you are playing on a casino that doesn’t have a license since you have no means to contact the owner once they decided to run.

License is a must now that there’s already a lot of established casino with licensed that offers a better service. Although there’s still casino that still committing selective scamming despite they have a license but it’s worst to choose casino without license because even casino with license commit scam too.

There’s no such 100% no scam guaranteed casino but there’s a lot of casino that is reliable for a long time that has a license which you can use as basis on deciding what casino to use.

[moneystery]

as far as i know, a license is useful to state that a casino has met the regulations and compliance with the authority where it is licensed, so it will not guarantee that a casino will not scam players. but playing at a casino that has a license can give players a sense of security and comfort, because they will be protected by the gaming commission where the casino is licensed. usually the gaming commission will regulate responsible gambling practices, the protection of customer funds, and the steps necessary to ensure that the games provided by the casino do not harm players.

[tjtonmoy]

I think license is something that gives you the rights to operate your business. I think without the license you will not have the permission to continue your business. It has nothing to do with guarantee. It does not provide any kind of insurance to the gamblers that they won't get scammed by the platform. I think the platform will face some kind of consequences for the license, but the gamblers do not get any kind of insurance from it.

Gamblers choose those platform with license thinking that it ensures an extra layer of trust. But in reality it does not do anything to the gamblers. But when you have the option to choose a platform with a license, why would you choose some shady platform that does not have it?

[Baofeng]

Some users said it's give additional security, verifiable fairness, legitimacy etc, when to obtain the license is easy, just fill the forms and pay some money, that's.

In that case it's important to check the license providers of a certain gambling sites. I know there are plenty of license providers out there that doesn't have a good reputation, so it's one thing that has to be considered.

I don't think there's not much difference though, and majority are looking for curacao license because it's cheap and easy to get. And it seems that curacao is just approving every licenses they get as long as they are paying that money and that's why we've seen a lot of casinos under their license but it's not a guarantee as the majority have said already.

As a gambler, we should check if the lisence provider is reputable, and if the casino is reputable. If theses two are present, then I can say that it will help give you additional security as license provider have some standards to be followed before they'll issue a license.

I think majority don't check it, until they can scam or not. However, we know the boards that we can check every casino that has somewhat a reputation here and then we can start there. So there is a pros and cons of having a curacao license.

But there is also one license that maybe operators might be better get, it's Malta license.

[PX-Z]

If its a physical casinos then having a license can be a guarantee that you are dealing with the legit casinos..

That's given, physical casinos cannot operate without license because they are obviously can be seen from anywhere on that area.

.. a scam because a we all know even the top exchanges can turn into a scam so the risk will always be there.

This might off topic but what top exchanges turn into scam can you mention it?

I think license is something that gives you the rights to operate your business. I think without the license you will not have the permission to continue your business.

For physical business yes especially a big business, but online business no. Some casinos online don't have license but can still operate this statement is already wrong.

[agustina2]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Not a guarantee but at least having one shows that the casino is somehow true to its intent to be one of the legitimate casinos out there.

Once a casino gets a license, the identity of owners and staff is provided. At least if the scam happened, they can't just hide easily.

And, licensed or not, are you comfortable playing at any unlicensed casinos?

[Bananington]

does a license guarantees that a casino won't scam it's customer's going forward.

A license does not guarantee a casino would not turn out to be a scam but on the option of a casino with a license and a casino without a license the wise gambler should obviously choose to gamble on a casino that has license because he shows that they have some level credibility and can be more trusted than a casino with no license. Gamblers should not completely trust any casino or betting platform that they gamble on occasionally, they should conduct a form of summary of how the gambling has been in this casino and gambling platform, check the reveiws and complaints from people like you who also use the platform so you know if you continue gambling there or not.

[Dump3er]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

I think there are a bunch of licences that casinos can obtain and in order for someone to judge whether that license is something good, I think you really need to study the meaning of those licenses and how significant they are within the gambling industry. But whether it is a guarantee against being scammed? No way, I think there are so many shenanigans a casino can pull off if they really want to deny any withdrawals and so on. If you go with long established casinos, that's probably the best you can do to reduce the chance of getting scammed to a minimum.

[goinmerry]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

The license doesn't guarantee that a casino will likely be turned into a scam. We can't use that as a reason why we should use a new site. But as a gambler, we want to only choose those casinos that went through licensing. At least they made an effort to do that lol.

Anyhow, as long as we talk about new sites, always be cautious about using them even if they are licensed ones. We should test the waters on new sites with a vigilant approach. Know the terms, know the rules, and know anything else that can be used against us once we get a big win playing at those new sites.

[Smartvirus]

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam its customer's going forward.

The closest thing to a guarantee you could have is on LG products or perhaps Hisense where you get an offer or reinstallment within a designated pattern of damage and within a period as well. Even that plays around a T&C.

There is no guarantee to anything my friend, not even life itself has got a guarantee on it. License doesn’t really stop a casino or sportsbook from perpetuating some serious crime but, it becomes some means to ensure they don’t or maybe have them been called upon.
There isn’t anything wrong with banking on the license of a company for trust, at least, having a license proves you give some cents on your company than not having one.
Your better off with a licensed company than one without a license.

[alegotardo]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Theoretically, a casino license is a legal document that allows a gambling establishment to operate in a specific jurisdiction. The license ensures that the casino complies with the regulations set by the licensing authority and provides a fair and safe gaming environment for players.

But in practice, a casino license guarantees very little protection to the player, as it all depends on how regulated casinos are supervised and also on what actions regulatory agencies or governments take when they receive a complaint.

Obviously it is always preferable to bet at a licensed casino, but players cannot believe in the illusion that this solves all trust issues between casino and users.

[Fundamentals Of]

I have read complaints about gamblers not paid for their prizes and jackpots or not paid fully. There are also others who are banned or whose accounts are suspended and their funds locked. I think most, if not all, of these complaints are against casinos and betting sites that are licensed.

Even here in the forum you can read such complaints. There are even scam accusations because of such experiences. But the casinos they are accusing or complaining against are all registered. I doubt that these complaints and accusations are all false. Some of them might be true. So although gambling in registered casinos is the right thing to do, it isn't a guarantee that you will have a perfect experience.

[ethereumhunter]

Most of the countries that license online casinos don't have control over the financial operations of these betting firms. What they do is to issue guidelines that these casinos must abide by and the casino risks losing such licences if they fail to comply with these provisions. So many casinos have lost their licence because the licensor withdrew them due to an infringement in the terms of the licence. Most of these licencing countries use this platform for mainly economic reasons. 

Some scam casinos can raise funds to get a license with the intention of defrauding gamblers. Immediately they get to the target and have covered the funds they used to set up the casino, they can close down with gamer's deposits. Licence is used for publicity because customers usually have confidence that a licenced casino is trustworthy. I will summarily state that registering with a reputable licensor is not a guarantee that a casino is reliable. We shouldn't keep large funds in the casinos and we should also do our research.       

That's because the countries that give licenses to casinos don't have any relationship or cooperation with the casinos. Hence, they wonder if there are things that the casinos do that can cause their users to experience difficulties or problems. Regulators can revoke the casino's license but will see what kind of case the casino faces. If the violations are too serious, the regulator will immediately revoke the casino's license to avoid causing more problems.

Scam casinos have the goal of defrauding the gamblers who register with them, and they get the license to convince the gamblers that they are a legitimate casino, even though that is not the case. We as gamblers must be careful in finding the casino and not just register because there is no guarantee that if we do that, it will provide us with security when gambling. A casino's license shows that the casino is supervised by regulators so that the casino cannot do things related to illegal activities. But if it is a scam casino, it will gradually show its intentions openly. They do not want to solve the problems faced by their members.

[danherbias07]

It's not but it should be. If a gambling site is properly checked, we don't have to worry about anything. But do imagine a gambling site registered in a corrupt country where the government would like to accept and approve license applications so that he could put more in his pocket.
Reputation and roots will always be the best guarantee but still, we don't know when a gambling site will end. So, the better choice would always be just to gamble the money that we can afford to lose and not keep it in their wallets or in their vault. Keep our money in a more secure way. Treat gambling sites like an exchange. Not your keys, not your coins.
I remember one moderator of a gambling site saying that whenever we deposit money in the online casino we are taking out the rights that it is our money until we withdraw it again into our own wallet outside the online casino or sports bookies. I think what he said is true. It's not ours anymore until we take it out. We trust their service in gambling but never trust them like a hard wallet that would keep your cryptocurrencies forever because there's always an end to their service.

[Dump3er]

It's not but it should be. If a gambling site is properly checked, we don't have to worry about anything. But do imagine a gambling site registered in a corrupt country where the government would like to accept and approve license applications so that he could put more in his pocket.
Reputation and roots will always be the best guarantee but still, we don't know when a gambling site will end. So, the better choice would always be just to gamble the money that we can afford to lose and not keep it in their wallets or in their vault. Keep our money in a more secure way. Treat gambling sites like an exchange. Not your keys, not your coins.
I remember one moderator of a gambling site saying that whenever we deposit money in the online casino we are taking out the rights that it is our money until we withdraw it again into our own wallet outside the online casino or sports bookies. I think what he said is true. It's not ours anymore until we take it out. We trust their service in gambling but never trust them like a hard wallet that would keep your cryptocurrencies forever because there's always an end to their service.

But even then a license is only one of many indicators that can give you some sense of security, but not more than that. Just refer to those examples like FTX and how they crashed and ruined peoples' financial situation. They had been licensed and yet these licenses don't mean a whole lot. In gambling I can imagine it is even worse as these licenses often are from countries with I guess little to no regulatory oversight? I doubt that a gambling service registered in the Cayman Islands has to frequently undergo monitoring and control.

I assume it is more like a one time event that then has some expiration date and has to be repeated by the time the license expires. But it's always more like moment in time where everything has to be presented properly rather than the ongoing monitoring as I mentioned before. A license can never hurt, but I think long term reputation and user reports are what's more useful when it comes to assessing the risk of using a specific service.

After all, it is like using centralized exchanges when people decide to leave funds on the exchange. Can you afford to lose it? Then you are able to take that risk. If not, don't use gambling services or leave funds on an exchange.

[TopTort777]

What is "if site is properly checked" ? Check if it has a valid certificate? Dont know what can we say about site from a visual check. Bad and cheap design can be an indicator that there is something fishy with it, but with all that AI features and templates, it isnt hard to create a site that will bright like a candy, but might have a rotten filling. Imho by the look of the page, it is hard to tell if the casino is scam or not. We can check if has licenses, registration addresses or some other casino owners personal info, but people check it just for a tick. People see it, make a mark "it has license", but never click on it or check its validity.

[CryptSafe]

Licence is not a guarantee of a casino being genuine but sometimes it just might be a bait to get at gamblers to think that they are what they think they are as they already got covered by the government.

Most casinos that do away with gamblers fund are fully lincensed to operate. There is no place where it is written on the name of a casino that this casino is a scam. You can never tell neither can you be able to detect their actions until it becomes obviously clear what they intend doing.

If a casino means business of being genuine, they would do it no matter what but if otherwise wether they got a licence that would keep track of them or not, they would still do their wish as that has been their motives from the unset. The licence is just to present them to being genuine which they know gamblers wants to see and hear but that is different from the case. Wether a casino got a licence or not, that is not a guarantee that they are genuine or not.

[passwordnow]

I have read complaints about gamblers not paid for their prizes and jackpots or not paid fully. There are also others who are banned or whose accounts are suspended and their funds locked. I think most, if not all, of these complaints are against casinos and betting sites that are licensed.

Even here in the forum you can read such complaints. There are even scam accusations because of such experiences. But the casinos they are accusing or complaining against are all registered. I doubt that these complaints and accusations are all false. Some of them might be true. So although gambling in registered casinos is the right thing to do, it isn't a guarantee that you will have a perfect experience.

Every licensed casino has its own players who are having problems not just with these prizes but with the policies that are imposed on them. But with all that, there's always a basis as to why it's done on them. I understand the point is that even if a casino is licensed, it does not exempt a gambler not to experiencing a bad thing about them.

Some of them might be true but when a representative responds to them, you get to see that many of these accusers are also abusers. So, it's a case to case basis with the experience but that doesn't mean that the registered casinos are a scam. I think we can all agree that there's a guarantee that a license casino will definitely operate as what's given to them with the licensing because it's part of it having a business. But with the various experiences and complaints, they have no control about the users that are also abusers. And with the legitimate ones, they have control over it and can respond with genuinity and a reply of help for their concerns.

[lombok]

From my personal opinion regarding licensing, I cannot guarantee that the site is free from scams. Maybe the license is based on the game being tested to be fair and suitable for general and legal play. Regarding whether it is a scam or not, this is not a guarantee, because whether it is a scam or not depends on the management.

I think getting a license goes quite beyond of the games which are provided in the casino and whether those are fair for both the casino and the gamblers or not. I am not an expert, but the license also implies the company behind the casino has a physical and registered address in the country where they intend to operate from and also it could have with the securing of having enough bankroll to serve a certain amount of volume. The issuer will be sure the casino has some bank accounts and the address, so the taxing can be done properly and in a shifty way.
The fact a casino would need to have some person responsible of facing the authorities is not a problem for scam and shady sites, if they can either forge documents or some member of their scam is willing to be the face of the casino before disappearing with all the money.

Licenses are not a guarantee, but in an ideal world they would, and any registered/licensed casino could not abuse of their position to dive into shady practices either, without being afraid of the law internationaly.

Maybe what you explain is the full version, and thank you for providing additional insight into licensing on gambling sites and logically your explanation makes perfect sense.

With this license, at least there is an audit system carried out on the gambling site before it runs. However, you need to know that there are only a few licenses that are considered good if the site has them, and this is perhaps something that players should pay special attention to before creating an account and playing on the site.

[Hispo]

From my personal opinion regarding licensing, I cannot guarantee that the site is free from scams. Maybe the license is based on the game being tested to be fair and suitable for general and legal play. Regarding whether it is a scam or not, this is not a guarantee, because whether it is a scam or not depends on the management.

I think getting a license goes quite beyond of the games which are provided in the casino and whether those are fair for both the casino and the gamblers or not. I am not an expert, but the license also implies the company behind the casino has a physical and registered address in the country where they intend to operate from and also it could have with the securing of having enough bankroll to serve a certain amount of volume. The issuer will be sure the casino has some bank accounts and the address, so the taxing can be done properly and in a shifty way.
The fact a casino would need to have some person responsible of facing the authorities is not a problem for scam and shady sites, if they can either forge documents or some member of their scam is willing to be the face of the casino before disappearing with all the money.

Licenses are not a guarantee, but in an ideal world they would, and any registered/licensed casino could not abuse of their position to dive into shady practices either, without being afraid of the law internationaly.

Maybe what you explain is the full version, and thank you for providing additional insight into licensing on gambling sites and logically your explanation makes perfect sense.

With this license, at least there is an audit system carried out on the gambling site before it runs. However, you need to know that there are only a few licenses that are considered good if the site has them, and this is perhaps something that players should pay special attention to before creating an account and playing on the site.

Actually, many gamblers (many of the people who participated in this forum) actually pay attention to whether a casino is the holder of an official license or not, one of the first things name do is to check whether the casino where they are about to deposit has any kind of licensing, however, rarely people go beyond that point and are not even willing to check whether if the license is authentic or the quality of it compared to others. Also, many of those who give some importance to licenses do not even know how to verify the licence in the website of the issuer. It is kind of a similar situation about people who like to gamble on provably fair games but do not know how to verify whether the game is effectively fair or not.  

That is the reason scam casinos and shady conssinos will try to deceive newcomers by adding a fake license in the form of a PNG in the bottom of their main page, sadly that is enough to fool the bulk of them into gaining enough trust to deposit.

[Litzki1990]

as far as i know, a license is useful to state that a casino has met the regulations and compliance with the authority where it is licensed, so it will not guarantee that a casino will not scam players. but playing at a casino that has a license can give players a sense of security and comfort, because they will be protected by the gaming commission where the casino is licensed. usually the gaming commission will regulate responsible gambling practices, the protection of customer funds, and the steps necessary to ensure that the games provided by the casino do not harm players.

Never trust that licensed casinos will not cheat you. Maybe with a license we may think that if such casinos cheat us then they will be brought under the law but if they are brought under the law after cheating but there is our loss. That is the loss because even if they are brought under the law they will be fined and punished but you who deposited money in those casinos will never get your money back. Earlier when FTX cheated the investors but the court fined him as well as fined the investors but did not give any money back to the investors which means that this matter teaches us not to trust all these platforms so much.

[Rufsilf]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

In my opinion, if a casino has a license of course you can say that it is legit and can add and provide some level of assurance and its credibility and you can really see as it shows that the casino has met the standards and requirements. However, it does not ensure that a licensed casino will not defraud its customers.  It is reasonable, for example, that a licensed casino may manipulate the game, changing the random number generator or the odds, to give players a small chance of winning. There is also a chance that there could be delays or that they won't give players their prizes without good reason, such as claiming technical difficulties or that you've broken the rules, etc., which will be extremely stressful.

I also think that another reason why the reputation of a licensed casino is destroyed is because of the people who manage it, like changes of ownership or the employees who manage that casino because they were more likely to do some frauds and lapses.
Because of this, it is essential that we, as players, investigate and validate the site's trustworthiness by reading reviews and researching the reputation of that particular casino in order to reduce the possibility of becoming victims of frauds.

[Solosanz]

Never trust that licensed casinos will not cheat you. Maybe with a license we may think that if such casinos cheat us then they will be brought under the law but if they are brought under the law after cheating but there is our loss. That is the loss because even if they are brought under the law they will be fined and punished but you who deposited money in those casinos will never get your money back. Earlier when FTX cheated the investors but the court fined him as well as fined the investors but did not give any money back to the investors which means that this matter teaches us not to trust all these platforms so much.

Depends on the sites or the owners, but most of the cases, they won't want to refund the customers' losses because they don't have money, they're in debt, or any excuses they have. If you say to not trust all the centralized site, that doesn't make sense because if someone gamble in centralize casino, they need to trust the casinos.

If you win big amount, then it's either the casino will allow you smoothly to withdraw it or brought you into drama.

[Findingnemo]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

It's just permission to operate and nothing else, there are many types of licenses available and and each one cast varies from 50K to 500K if I am not wrong.

Regulated casinos can still scam you selectively and let your to hand dry and the only way is to proceed which requires a ton of money and a lot of years from you to prove them and even with all that there is no guarantee that you can prove they scammed you.

[tjtonmoy]

I think license is something that gives you the rights to operate your business. I think without the license you will not have the permission to continue your business.

For physical business yes especially a big business, but online business no. Some casinos online don't have license but can still operate this statement is already wrong.

Simply put, an online gambling license is a legal document conferring the right onto a company to operate a gambling business in a given territory. Just as land-based casinos must be regulated, so do their online counterparts.

In order for an operator to offer games of chance, such as video slots, table games, or sports betting, legally, they must have a license that covers the territories they want to offer the games.

A little bit of Google search give me this answer. I don't know how to is this or they are simply trying to sell their services saying that it is needed in order to operate certain games in a given territory. They're also saying that it is required for an online casino platform to have a license in order to have rights over some games. I don't know how to that is but I have already said what I knew. This is just a Google search result.
[Source]

[qwertyup23]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

The answer is: NO; having a license does not guarantee that the online gambling website is safe and secured.

Before delving forward, let us first discuss the benefits of securing a gambling license in a casino, to wit:

• Legal compliance with other countries;
• Protection and fair play from the online establishment;
• Serves as a symbol of trust and legitimacy; and
• Can be used as a ticket for markets in some countries.¹

Obviously, a gambling license is required with some countries in order to comply with their rules and regulations. Additionally, there are also countries that require a license in order for the international business to be permitted to use their services in their country. If an online gambling website fails to meet these criteria and standards, then a license would not be issued, thereby making their services questionable in the market.

While this may be true, still, having a license does not guarantee player protection and safety against their potential scams. It just means that they were able to comply with some formalities required by law as they are under surveillance but they can still "technically" scam people.


1 https://crustlab.com/blog/how-to-secure-a-gaming-license/

[Wakate]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

It's just permission to operate and nothing else, there are many types of licenses available and and each one cast varies from 50K to 500K if I am not wrong.

Regulated casinos can still scam you selectively and let your to hand dry and the only way is to proceed which requires a ton of money and a lot of years from you to prove them and even with all that there is no guarantee that you can prove they scammed you.

I don't see any big thing with casino getting license because most would go for the licensing that would not affect them even when they scammed people of their funds. The are licensing companies that would never penalize a casino for cheating rather they would want more casinos to take license from them so that they can make more money and have more clients. Casinos are looking for companies that would not penalized them for not meeting up or doing something wrong. We don't need to be deceive by different casinos claiming that they are licensed by reputable licensing companies attracting more gamblers to use their casino.

[Lanatsa]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

It's just permission to operate and nothing else, there are many types of licenses available and and each one cast varies from 50K to 500K if I am not wrong.

Regulated casinos can still scam you selectively and let your to hand dry and the only way is to proceed which requires a ton of money and a lot of years from you to prove them and even with all that there is no guarantee that you can prove they scammed you.

I don't see any big thing with casino getting license because most would go for the licensing that would not affect them even when they scammed people of their funds. The are licensing companies that would never penalize a casino for cheating rather they would want more casinos to take license from them so that they can make more money and have more clients. Casinos are looking for companies that would not penalized them for not meeting up or doing something wrong. We don't need to be deceive by different casinos claiming that they are licensed by reputable licensing companies attracting more gamblers to use their casino.

We do know that getting gambling licenses could neither be cheap or expensive/ tough requirements and easy ones. This is why for those companies or platforms who are really that tending to scam out their users
in the first place or first hand then it would really be that normal that they would really be going into those things which are the cheapest. We do know that people or the market would really be having that kind of impression on the time that they would be seeing that they are dealing a platform which does have license on which it is actually make you think that you are dealing with a legitimate site or platform
which it is really not.
Having a license isnt a solid indicative sign when it comes about being legitimate or not but it is really just that better on having rather on having none but just like been said that its not only the criteria
for us to tell that they are 100% legit because we've seen in the past that there are even licensed platforms which tends out or ending up on being a scam on which running away their users funds
and cant be found out. The only things that make you that confident because once they are licensed then theres a possibility of recovery comparing into those platforms
which doesnt really have any at all. So you could really be able to make out such comparison in between.

[chaser15]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

With a license, it makes a casino an official business. We only want to deal with an official business especially in gambling. It might not guarantee that these sites will not be turned into scams but at least, they want their business more professional and transparent. Licenses are not given to any sites if one of the factors is not met. Successfully having a license means that the site passes all the required credentials to run its operation legitimately.

But I think there's also a fraud-related activity here. Sometimes, even if the site doesn't meet the requirements of being a good gambling site, there might be an under-the-table negotiation to have that site be granted a license. Just my speculation and I can't support that statement.

[Heartilly]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Whether we question what license is all about, I'm sure you don't want to play in a casino that is not licensed right?

If that casino can't afford to spend time having a license, what can you expect on their overall service? If the site doesn't even have a responsible act to acquire a license to make their site good in our eyes then definitely these sites might just do some scam attempt later on. It's not a guarantee that a licensed site will turned into scam later on but it's way better to use licensed ones over unlicensed ones.

[Dump3er]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

With a license, it makes a casino an official business. We only want to deal with an official business especially in gambling. It might not guarantee that these sites will not be turned into scams but at least, they want their business more professional and transparent. Licenses are not given to any sites if one of the factors is not met. Successfully having a license means that the site passes all the required credentials to run its operation legitimately.

But I think there's also a fraud-related activity here. Sometimes, even if the site doesn't meet the requirements of being a good gambling site, there might be an under-the-table negotiation to have that site be granted a license. Just my speculation and I can't support that statement.

There exist licenses for everything in the world and the only reason they exist is to legitimize products and services that otherwise would not be taken as seriously. Granting licenses is a business in and of itself. You are well advised to not only look for a license, but thoroughly check whether that license means anything. It could be granted by a business that is shady itself, but with proper naming and a nice website you might think the license is worth something. In many cases it is not. In almost all industries there are licenses or seals of quality that really mean nothing. Don't get distracted by some fancy stamp on a product or some fany wording and a letter-number code on a website. Go with history, reputation and publicly shared user experience that does not look like it was faked.

[Kemarit]

As others have said, it's not a guarantee, and I can say that it's not that expensive to get a Curacao License to start your online gambling site.

Never thought that licenses are so cheap. Really, with millions in turnover, taking 10-20k is just unnoticeable. 10-20k - and these are expenses if a person wants to start all from the scratch. I am sure that there are already pre-made or out-of-the-box solutions. Or previously created, ready to go businesses. Turns out that license does not give any guarantees at all. I can compare it with cooper membership here. Projects buy it to look more reliable, yet can easily turn scam.

Yes, that's true it's so cheap that this gambling sites can really afford it and for them this is just a chump's change. Although there's also the Malta Gaming license, which is more expensive, but still it's affordable for this kind of big business.

And as we all agree upon, they can take advantage of it and just play along in the beginning for being a trusted casino and rake millions in the next couple of months and then turn rogue later because they have gotten their ROI from the initial cost of putting their online gambling sites. Not saying that everyone of them is a scam, but maybe 1 out of 10 or 20 sites, becoming a scam and then rebranding later, rinse and repeat.

[Quidat]

As others have said, it's not a guarantee, and I can say that it's not that expensive to get a Curacao License to start your online gambling site.

Never thought that licenses are so cheap. Really, with millions in turnover, taking 10-20k is just unnoticeable. 10-20k - and these are expenses if a person wants to start all from the scratch. I am sure that there are already pre-made or out-of-the-box solutions. Or previously created, ready to go businesses. Turns out that license does not give any guarantees at all. I can compare it with cooper membership here. Projects buy it to look more reliable, yet can easily turn scam.

Yes, that's true it's so cheap that this gambling sites can really afford it and for them this is just a chump's change. Although there's also the Malta Gaming license, which is more expensive, but still it's affordable for this kind of big business.

And as we all agree upon, they can take advantage of it and just play along in the beginning for being a trusted casino and rake millions in the next couple of months and then turn rogue later because they have gotten their ROI from the initial cost of putting their online gambling sites. Not saying that everyone of them is a scam, but maybe 1 out of 10 or 20 sites, becoming a scam and then rebranding later, rinse and repeat.

They would really be doing just like that on which it is really that they would be running for a couple of months and trying out to accumulate millions of funds before they would turn out to be a rug.
This is something that gamblers should really be careful about but since there's no way on telling about being a potential scam specially if things do looks to be real.From having a license from
good looking website. Then whom had thought that it would that become a scam site in the end? There's no way on telling on such thing and this is why it would really be that wise that we should
really be that skeptical whenever on dealing on things which we do know that it can possibly turn out to be scam later on.

[pawanjain]

Almost every gamblers notably those that make use of online Casino's for their gambling have the notion that except from a license owned casino they don't use any  casino without a license, which I think is a cautious thing to do.

But have been wondering and wanting to ask, does a license guarantees that a casino won't scam it's customer's going forward.

Guarantee ? No !

There's no guarantee for anything to happen. If a casino site has a license, it does gain some trust but does not mean it cannot scam the users.
May be the probabilities might be on the lesser side since they have declared their identity and location etc...