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

[zahra4571]

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

Only if you have exchange on your gambling site you should beware where is server based and have licence for gambling and exchange, otherwise you dont need to worry if you just opening gambling site for bitcoins.

[nwfella]

Places I would look into if OP is serious.

1.) Germany (no need to pay taxes if BTC held > 1 year)
2.) Isle of Mann
3.) Bali
4.) Denmark (sneaking suspicion these guys will be extremely crypto-friendly within a year)

[Cicero2.0]

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.

It would still be good to host it in a more lasseiz-faire country. Court orders can compel providers to release identity information. 

[Swordsoffreedom]

Since I did not see any mention of panama would say that seems like a friendly environment
A few Bitcoin exchanges and companies are based in that country at this time so it may be the place to open it
That said as others have said it depends with which countries you do business with.

[zahra4571]

Watch out you don't deal with Canada laws if you don't want troubles like just-dice have.

[Smack That Ace]

Hey guys thankyou for your response.


This raises a very good question. Which country would be good to incorporate an exchange for instance?

Duke

[oppahdoggystyle]

Anywhere that has lenient rules on gambling. THOUGH not a "country," I have heard Indian reservations in US or Canada have favorable licensing.

[LostDutchman]

I have been in coversations with these guys and they just don't get it.