Post
Topic
Board Legal
Re: do bitcoin gambling sites need gambling licenses?
by
vennali
on 18/06/2015, 16:16:48 UTC
Why is a casino's license significant to you when you want to gamble with bitcoin? I don't think that bitcoin casinos take steps towards being licensed. Provably fair gambling is the way to go. As of the legality, in most regions and countries it isn't illegal to gamble with bitcoin because of the lack of laws about it. Until this changes, we're probably not going to see many bitcoin casinos being blocked.
Without becoming licensed most of the casinos have started facing problems as their hosting companies blacklist them due to requests of those countries . So bitcoin or not, without being licensed bitcoin sites could face big challenges.

this is true only in the usa, the bitlicence, isn't covering everything in the world, in other countri you may build what you want with bitcoin, and no one will say anything, especially in russia...did you wonder why every ponzi and HYPS come from there? and why now RUSIa has started to regulate bitcoin instead of banning it
It also includes UK . One of the casino provider made a post saying so. UK is pretty strict on enforcing the gambling laws as well. You can build what you want with bitcoin in any part of the world , but the countries can very well block you from hosting in the normal .com . I suppose thats why sites like Silkroad existed on onion links , including the reason that they wanted to hide their server IP.