Post
Topic
Board Gambling
Re: 🎲EOSBet.io - Licensed Casino Platform 🎲Provably Fair 🎲NOW ACCEPTING BTC ₿
by
CryptoCheckk
on 05/05/2019, 16:21:12 UTC
So I found this article https://cryptovest.com/news/stellar-xlm-flippens-bitcoin-cash-bch-achieves-a-higher-ranking-to-date/ which talks about EOSBet becoming the first licensed blockchain based online casino and that got me thinking about why haven't the rest of the casinos done the same? What are the main hurdles to become fully licensed since all of the casinos pretty much emphasise their transparency and provably fair platform?

Well there are some hurdles to get through before you get a license. It's not that they you give one to any company. Just being provably fair is not the only requirement. I don't know them all, but I believe doing some sort of KYC is also a thing which nog all casino teams are willing to go through.

By the way being on a blockchain alone is not "provably fair" I believe you also had to open source your code which EOSBet has.