Quote from: darkangel11 on May 01, 2018, 09:25:07 PM

There are sites that tackle your problem, for instance this one: https://www.gamblingsites.com/online-gambling-jurisdictions/
Some countries allow you to register a business online, but it's still better to be able to go there personally if a problem occurs, so choose a country that is nearby, or at least has a decent connection and you won't require you to pay 1k USD for a one way ticket.
If you aren't familiar with the laws, hire a lawyer that is also a local resident. He'll handle things for you. I think that if you're willing to invest over 200 BTC in a business a legal advisor is a must.

Thakn you, I will check this out site out. And yes of course, I fully intend on obtaining professional legal advice and planning. I just sought to obtain some base info as a precursor here. Which I am very grateful for all that I've received so far.

Quote from: Don Pedro Dinero on May 02, 2018, 04:36:39 AM

You havent answered if it is going to be a crypto site, but I guess it will be. As for advertising, I would use this forum first of all. Have a look at the gambling section. I would give promotions and giveaways to get people on to your site. See what other sites have done and you can get an idea.

Yes it will be a crypto gambling site, with no focus on fiat at all as I'm aware that opens up more unecessary complexities. I already have plenty of mainstream sources and also influencers I am in contact with where I could run some pretty heavy advertising but Inotice as well this forum is very very big so I won't discard it. Especially for giveaways and promos. Thanks again for all the advice!

Quote from: Theb on May 02, 2018, 06:56:21 AM

There are two things where Cryptocurrency based gambling sites are still complying with the law and I can consider what they are doing as a loophole in most gambling laws.

1. Location - As you can see most of the Crypto-based gambling sites come from a country called, Curacao, it is a constituent country of the Kingdom of Netherlands and they are known for having the most easiest way on obtaining an online gambling license, aside from that the license offers a lot of benefits and that is involving the establishments of necessary accounts and sublicenses needed to operate your own gambling site. And of course in order to make this valid your operations must be located in Curacao. Just take a look on both License validation of FortuneJack and Bitsler.

They are complying through gambling laws as governments are only strict when handling and providing licenses to local-based gambling sites they come and operate on their own country, and aside from that their own citizens are not prohibited from playing foreign-based gambling sites as they deemed it legal, even though it looks unfair for local operators.

2. Money - With crypto based gambling sites only accepting Bitcoin and other cryptocurrencies they are actually not touching any real Fiat currency of any country which means the money of their own country are not flowing in and out directly through them. And since these cryptocurrencies still have not any kind of legal or illegal standing (on most countries) they can freely run their operations without being bothered by these countries.

Very interesting info. Thank you very much. I wasn't even aware Curacao was a place but I will certainly be looking into it as an option. I assume when looking for a country to setup operations the key factors of importance are bitcoin legality, gambling regulations/ease of acquiring the necessary licesnes and banking and also privacy as a bonus for my site's users. And of course lower corporate tax would be a benefit as well.

As for point two, that was something I considred myself and ruled dealing with fiat would pose too much hassle and potential regulatory and compliance problems.

Thanks again everyone for the help. I greatly appreciate the transparency and help especially from what seems like mostly potential competitors. It's really nice and refreshing to see.