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Author Topic: do bitcoin gambling sites need gambling licenses?  (Read 13036 times)
HarleyQuinn9876
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October 25, 2017, 11:36:07 AM
 #81

am new to forum, I currently use mainstream sites like betfair but as looking to gamble my bitcoins but wondered if dice sites etc need a licensee, and should I steer clear of ones that don't?
I think the gambling sites need to be licensed to operate. This helps to reduce illegal activities such as fraud, money laundering ... gambling sites have a lot of impact on bitcoins. It reduces people's confidence in bitcoin

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Forts1946
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October 25, 2017, 09:04:52 PM
 #82


you can host your site in allowed countries like Germany But Generally it looks like dark use 

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October 26, 2017, 02:22:48 AM
 #83

am new to forum, I currently use mainstream sites like betfair but as looking to gamble my bitcoins but wondered if dice sites etc need a licensee, and should I steer clear of ones that don't?
I think the gambling sites need to be licensed to operate. This helps to reduce illegal activities such as fraud, money laundering ... gambling sites have a lot of impact on bitcoins. It reduces people's confidence in bitcoin

Almost all of the legitimate online gambling site has a license to operate in every each of their country that is representing because with this they have the authority to operate in their own ways and will become more trust worthy in the eyes of the gamblers, and there is a countries that regulates and prohibits in using online gambling websites in their countries for their citizens safety, that is why not all online gambling is applicable in all regions in the world.
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October 26, 2017, 06:13:32 AM
 #84

Liscence is very important in running a business because if you don't have it, expect charges that will be filed against you at the court and it's a very serious problem than acquiring a business licence.

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October 27, 2017, 04:24:40 AM
 #85

I believe yes. The gambling cartel, which is one of the most powerful in the world will not want anyone entering the game without a high barrier to entry.
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October 31, 2017, 06:26:07 AM
 #86

In the case of my country, yes it is required. Any form of gambling whether through virtual or actual casink needs to have gambling license. Our president today is really strict on this one as many casinos now, even the online and virtual ones, were shut down because of tax evasion and lack of requirements to operate. And now with Bitcoin being developed, the government may see those gambling Bitcoin sites and also regulate it.

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January 14, 2018, 07:48:54 AM
 #87

I don't think there is a valid license for a bitcoin casino. They are hosting the offshore.they may close at any time.
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January 21, 2018, 01:43:58 PM
 #88

I think so,  since not all countries allows the operation of gambling business and I think in order to regulate further this activity it should be strictly implemented.
In order to protect the interest of the botcoiners, it should be implemented so only legit and feasible countries are only allowed in this kind of business.

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January 21, 2018, 04:49:11 PM
 #89

I think so,  since not all countries allows the operation of gambling business and I think in order to regulate further this activity it should be strictly implemented.
In order to protect the interest of the botcoiners, it should be implemented so only legit and feasible countries are only allowed in this kind of business.

so the bitcoiner must be careful with doing all activities if doing better gambling activity account is in dead because it will harm the parties who do not do gambling.
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January 21, 2018, 08:57:56 PM
 #90

Yes they do for some countries. Gambling seems to be a touchy subject for people.

Go with ico's that have the licenses because that means they had to abide to some form of standards. UnikoinGold is my choice thus far for esports gambling. I see big things ahead for them.
I agree bitcoin gambling sites were need license, like casinos this gambling sites are license. They apply it because they want to protect their business. Even though they need to paid high amount of taxes they do this because they don't want to destroy their business. Atleast even they paid their high amount they know that anytime they cannot arrested by the police.

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January 24, 2018, 07:12:15 AM
 #91

Yes, all operations in the whole world need permit. If there is no permit, then the business is illegal and not proper evaluated by the government of the country.

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January 24, 2018, 10:35:21 AM
 #92

its the greyest of areas if I have ever seen any
usually it is working like this: if you split bitcoin gambling sites into two categories,roughly
regular bitcoin casinos with slots,blackjack,craps and all that jazz,you can tell them
by huge deposit bonuses (borderline scammy,if you ask me,always read TOS),non automatic withdrawals,licensed(or stolen)scripts etc.
they do posess some licences,usually from some god forgotten countries like Curacao
but don't think that you won't be scammed or cheated if it is a licensed casino,read scam accusations here and see for yourself

the second category is so called "provably fair" or verified fair sites-the majority of the dice sites,most of the
hybrid casinos developped from scratch (primedice,bitsler,cryptogames,luckygames etc.)
usually,they do not have gambling licences or prefer not to flaunt them
but I would prefer a casino where you can verify your rolls to a random "licenced" casino where you have to trust the operator to be fair and legit
any day

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January 24, 2018, 10:56:04 AM
 #93

am new to forum, I currently use mainstream sites like betfair but as looking to gamble my bitcoins but wondered if dice sites etc need a licensee, and should I steer clear of ones that don't?

no it is not correct to giving license for gambling sites. because then all the people try to do gambling. gambling is not easy issue it is risky process. who want to become rich in easy way and they had no ethical values for doing like that business. so like that people interested to gambling. any government not encourage like this activities it is harmful to society so no one can give licenses for this.
nope I think you're wrong, in some countries gambling in legalized and when you want to build a gambling house you have to ask for permission and license from the government, in some countries like the USA (in some states), hongkong, china, etc legalize gambling and certainly have to go through a permit from the government to create gambling houses, as well as gambling sites, although it is not mandatory I think licenses will make them more trustworthy, and of course freely circulated in the country,

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