Post
Topic
Board Gambling
Re: UK Gambling Commission says UK based sites need a license!
by
arallmuus
on 26/06/2015, 16:06:51 UTC
why on earth am I being made to feel like a criminal for wanting to bet with bitcoin??

You are not being made to feel like a criminal for wanting to bet with BTC , it is not about betting with BTC or FIAT just that UK residents isnt allowed to bet at an unlicensed gambling sites and unfortunate most of BTC gambling sites are unlicensed.
These unlicensed gambling sites has no other option than to comply with the regulation otherwise there is a chance that their business might be taken down or that I suspect there is some serious threat from the UK gambling commision judging from how quick all of this site comply to them

And how long before the American Gambling Commissions  go down the same route?

Soon I guess, with UK gambling commision going hard for all this illegal gambling activities then I suspect the US will be heading the same road soon. These aggresive move is to prevent a random guy from opening an illegal gambling sites out of nowhere and think that he could got away from the regulation