So the bustabit bankroll seems like an interesting place to potentially park some BTC. I'd like to understand the regulatory risks, by which I mean the risk that assets invested with bustabit are seized by authorities. No information about this is really provided on the site. What country is bustabit run from and does it have whatever licenses etc are required to run an online gambling enterprise?
It is like parking your coins at exchanges. You dont have the private key of the wallet at the exchange/gambling site/... so technically those coins are not "yours" anymore. Of course there is a risk that the site gets seized or the exchange gets hacked and you lose your coins, if that happens no terms of service or promise can guarantee that you will get your coins back.