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Topic
Board Tokens (Altcoins)
Re: [PRESALE] Jarvis - Hybrid multi-asset exchange | DApp browser | Revenue token
by
dubignyp
on 09/01/2019, 15:41:36 UTC

I understand. Coming back to the gambling DApps. Do you know if Jarvis has to get a gambling licence in order to be allowed to run them on their site? Because I can imagine that - in case you need one - you should already start to apply for one because it might take time to get one granted.

I am not familiar with gambling licenses, malta was probably always first choice but lately there were some problems because of blockages of casino player funds at the SATA bank.
I not really understand what exactly this license is necessary for, which must be requested separately in the individual countries.
For example, if I get a license in Malta, can I run a server or a bank account there to deposit and withdraw client money or what do I need that license for?


In Switzerland the license will be used to ensure that the company complies with the rules, standards, security, prevention against misspending etc....
And so a tax levied in Switzerland, for players residing in Switzerland where the casino makes profits. In order to also protect unfair competition against casinos based in Switzerland that pay full taxes.