Post
Topic
Board Legal
Re: Bitcoin gambling laws
by
veleten
on 04/05/2018, 16:11:43 UTC
Hey sorry if this in the wrong section or is too much for a first post but  I've always wondered something and  it's been hard to get an answer. I was curious when operating a bitcoin casino such as bustabit wouldn't you need gambling licensing in all of the countries you operate in, and wouldn't that be extremely costly in order to be legal/compliant? Or do certain sites like bustabit and other gambling site not require specific gambling licensing to operate? For example say I was going to develop my own site what would I legally need to do in order to be compliant and operate in as many countries as possible and are there any places where I would not be able to operate (countries or states/regions)? Smiley I can't really find any solid information on compliancy and legalities when running an online crypto gambling site. As far as I can see, most of the crypto sites out there do not openly display any licensing or certification seals  but it would be awesome if I could get some info or some pointers towards info on the pitfalls and ways I would need to operate in order to be legal and compliant. I recognise that this is a question better suited to a legal professional but I hope some insight can be granted her before I persue any further legal advice (which I will be sure to do prior to any launch).

most of the casinos are operating licenced in Curacao
you can read some about it here: https://www.gamblingsites.org/laws/curacao/
some big dice sites like Stake,Bitsler,Primedice,Bustabit are all licensed
many of the casinos are not licensed at all,but you have to understand that getting a license
doesn't mean that this particular casino won't scam you
but since the license is worth substancial sums of money and it does have some regulations and a semblance of control
it is better to play at a licensed casino rather than at an unlicensed one