Licence for Online Bitcoin Casino ----- which country is best

[Smack That Ace]

Hello,

I am interested in obtaining a licence for a bitcoin casino and poker room. I was wondering which country is the most suitable for
1) Online gambling companies
2) Countries which do not oppose bitcoin as a currency.
3) Which will offer or be okay with offshore Operations.

I am sure this question is in the mind of many bitcoin casino or gambling operators as this is probably the next step in their business plan.

Hoping for some educated positive response

Regards

Duke

[Este Nuno]

Ireland is a popular choice with online casinos.

Also, if I remember correctly SatoshiDice had some sort of operation out of there as well.

[ShakyhandsBTCer]

It doesn't matter where your online casino is based, it matters where it does business.

Anyone that does business in the US needs to comply with US law, and the same is true for any other country.

[Smack That Ace]

Hello

Thankyou for your ShakyhandsBTCer.

Is there any option you can give me that is cheap and legitimate to run bitcoin related company?

Regards

Duke

[Gianluca95]

Ireland is a popular choice with online casinos.

Also, if I remember correctly SatoshiDice had some sort of operation out of there as well.

Quote. Ireland is the best choice to take demand for the licence of casinos.

You don't try to come to Italy for require a licence !

[bitgold]

It doesn't matter where your online casino is based, it matters where it does business.

Anyone that does business in the US needs to comply with US law, and the same is true for any other country.

This is true but it's absurd.  There should be no silly boundary called "country" in the virtual world.

Countries, nations, and government are so getting obsolete, they are becoming more ridiculous by the day.

[acs267]

Some gambling businesses in the U.S got licenses for Bitcoin casinos. I think one of them was John & Sally.

It doesn't matter where your online casino is based, it matters where it does business.

Anyone that does business in the US needs to comply with US law, and the same is true for any other country.

This is true but it's absurd.  There should be no silly boundary called "country" in the virtual world.

Countries, nations, and government are so getting obsolete, they are becoming more ridiculous by the day.

I agree with you. The Internet or virtual world is a infinite space of knowledge, that can't be copyrighted or actually controlled or banned. The Governments can't do shit about that.

[Este Nuno]

It doesn't matter where your online casino is based, it matters where it does business.

Anyone that does business in the US needs to comply with US law, and the same is true for any other country.

It does matter where it is based as countries do have laws as well.

Yes, the US is the biggest concern once you're legally set up in a country and operational. But that's after.

[Smack That Ace]

Some gambling businesses in the U.S got licenses for Bitcoin casinos. I think one of them was John & Sally.

It doesn't matter where your online casino is based, it matters where it does business.

Anyone that does business in the US needs to comply with US law, and the same is true for any other country.

This is true but it's absurd.  There should be no silly boundary called "country" in the virtual world.

Countries, nations, and government are so getting obsolete, they are becoming more ridiculous by the day.

I agree with you. The Internet or virtual world is a infinite space of knowledge, that can't be copyrighted or actually controlled or banned. The Governments can't do shit about that.

Hey,
I wish what you say could be a reality but that is not the case. Even if as a casino operator i dont get a license which i really dont care about becuase its just a piece of paper with a stamp on it, players and other people somehow feel secure dealing with a company who has a license. Also it doesnt say anywhere that people with license dont steal money or dont perform illegal activities. Its just a false sense of security in my opinion.

But im really interested in this Ireland topic. Will look more into it but if someone can provide details it would be much appreciated.

Regards

Duke

[ShakyhandsBTCer]

It doesn't matter where your online casino is based, it matters where it does business.

Anyone that does business in the US needs to comply with US law, and the same is true for any other country.

This is true but it's absurd.  There should be no silly boundary called "country" in the virtual world.

Countries, nations, and government are so getting obsolete, they are becoming more ridiculous by the day.

You should think of it as if the website has a physical store in the country it was doing business in.

If you were shopping in a store on main street in the town you live in would you expect it to comply with the local laws?

[Ashbite]

People do need licenses and in fact Ireland is the best country for this.
They are really fast and dont put a lot of pressure on you.

[CaptainBeck]

Do BTC casinos need licence, if you dont deal in real FIAT then most countries dont seem to care until you trade back to FIAT and make a profit.

[Smack That Ace]

I am sure the license are very expensive.
I am actually interested but the cost is already throwing me off.
Maybe if there was a chance to rent a license or become a sub holder for it.

Regards

Duke

[keithers]

I believe that Panama may be a good option for this...not 100% sure though, you would have to really look into it...

[Confessions]

People do need licenses and in fact Ireland is the best country for this.
They are really fast and dont put a lot of pressure on you.

Yea, Ireland is awesome.....they made sure Full Tilt didnt scam millions of dollars....   

[ShakyhandsBTCer]

People do need licenses and in fact Ireland is the best country for this.
They are really fast and dont put a lot of pressure on you.

Yea, Ireland is awesome.....they made sure Full Tilt didnt scam millions of dollars....   

I understand that Ireland is great for taxes if you do not have a lot of business in Ireland (like setting up a "headquarters" in Ireland)

[Este Nuno]

People do need licenses and in fact Ireland is the best country for this.
They are really fast and dont put a lot of pressure on you.

Yea, Ireland is awesome.....they made sure Full Tilt didnt scam millions of dollars....   

How could have they known that Full Tilt wasn't getting the money that people were depositing?

[Smack That Ace]

Hey,

There is literally no way for them to track where the money is going. Online poker chips do not have a barcode or ref number like fiat money does, this is the reason why so many Gambling sites were used as money laundering funds in the U.S.A.
Its funny no one ever mentions that.

Regards

Duke

[zahra4571]

No need for licence if you gonna use bitcoin for gambling, you can buy hosting and domain anonymously with bitcoin and nobody will know who you are.

[Smack That Ace]

Hey,

Thankyou for your response but it is not as simple as that.
Bitcoin gambling is based on Fiat currency so depends on what country are your players from.

Regards

Duke