am new to forum, I currently use mainstream sites like betfair but as looking to gamble my bitcoins but wondered if dice sites etc need a licensee, and should I steer clear of ones that don't?
I think the gambling sites need to be licensed to operate. This helps to reduce illegal activities such as fraud, money laundering ... gambling sites have a lot of impact on bitcoins. It reduces people's confidence in bitcoin
In the online world anyone can make a gambling site, you don't need a license to operate it. but for gambling sites to be more secure
and reliable, of course licenses are needed. license is required but not mandatory #imo
gambling site really needs a license to operate because you are dealing money here ( huge amounts of money ) but if you are only making a fake gambling site or free 2 play ( without money involvement ) then there's no need to license it . same as when making other websites that are not related to money ( except crypto faucets )