Post
Topic
Board Gambling discussion
Re: Running an online Bitcoin gambling website
by
naira
on 28/01/2020, 09:17:05 UTC
- snip ..
When it comes to trying to create a new casino you are basically facing 4 different problems, the first is the license, where are you going to get the license to run a casino, the second issue is the money, you need a lot of money to start a casino, you need to pay for the license, the website, the servers and the bankroll, the third issue is how to secure the funds of your players since hackers will try to steal the money from the casino and finally you are trying to enter in an established industry that is already saturated with casinos and many do not get enough clients to sustain their operations.

yes that is all true but i think the op isnt concerned of other factors that you mentioned but he is only more concerned of the license and the legality of the gambling on thier country   . since you mentioned the money or the funds already  ,  funds is also the most important aspect before anything else because he cant obtained a license without a fund right  ?  it could take lots of time and money to go thru a process of getting a licensed  whether offline or online gambling site .
the fact is to get a license requires funds to manage it, sometimes what makes a lot of expenses is paying lawyers who do legal work because without a strong lawyer gambling site will be difficult to get a license. the time to process to get a license will definitely be long, because in the legal entity structure of a company must be strong and this requires time to manage it.